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Mackenzie Global Core Plus Bond Fund Series LB
Global Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-14-2026) |
$7.85 |
|---|---|
| Change |
-$0.04
(-0.46%)
|
As at July 31, 2026
As at May 31, 2026
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Legend
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Fund Returns
Inception Return (December 01, 2017): 0.36%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | -1.68% | -0.70% | -1.66% | -1.50% | 0.35% | 0.77% | 2.04% | 1.53% | -0.81% | -0.97% | 0.05% | 0.41% | - | - |
| Benchmark | -1.94% | 1.77% | 1.27% | 1.01% | 2.43% | 3.26% | 4.84% | 3.42% | -0.03% | -1.24% | 0.35% | 1.14% | 1.41% | 0.70% |
| Category Average | -1.29% | -0.24% | -0.74% | -0.51% | 1.12% | 1.79% | 2.96% | 1.97% | -0.32% | -0.22% | 0.60% | 1.14% | 1.05% | 0.91% |
| Category Rank | 185 / 246 | 199 / 245 | 198 / 243 | 188 / 243 | 144 / 231 | 134 / 198 | 120 / 176 | 70 / 149 | 62 / 123 | 48 / 101 | 49 / 95 | 50 / 85 | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 3 | 3 | 2 | 3 | 2 | 3 | 3 | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.60% | 1.05% | 0.75% | 0.43% | -0.96% | 0.16% | 1.63% | -2.32% | -0.23% | 0.31% | 0.69% | -1.68% |
| Benchmark | 0.81% | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% | 2.33% | -1.94% |
Best Monthly Return Since Inception
3.19% (November 2022)
Worst Monthly Return Since Inception
-3.64% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -1.58% | 4.42% | 6.29% | -2.78% | -10.51% | 4.38% | 2.48% | 2.72% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% | 3.68% |
| Quartile Ranking | - | - | 4 | 3 | 3 | 3 | 2 | 4 | 2 | 3 |
| Category Rank | - | - | 62/ 77 | 62/ 90 | 51/ 97 | 56/ 104 | 54/ 132 | 119/ 154 | 82/ 188 | 120/ 214 |
Best Calendar Return (Last 10 years)
6.29% (2020)
Worst Calendar Return (Last 10 years)
-10.51% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 65.65 |
| Foreign Corporate Bonds | 18.54 |
| Canadian Corporate Bonds | 13.15 |
| Canadian Government Bonds | 1.86 |
| Cash and Equivalents | 0.54 |
| Other | 0.26 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.24 |
| Cash and Cash Equivalent | 0.54 |
| Financial Services | 0.13 |
| Utilities | 0.07 |
| Other | 0.02 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 63.08 |
| Europe | 19.09 |
| Latin America | 7.21 |
| Asia | 5.52 |
| Multi-National | 1.24 |
| Other | 3.86 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.38% 15-May-2034 | 12.83 |
| United States Treasury 4.63% 15-Nov-2055 | 9.95 |
| Bundesrepublik Deutschland Bundesanleihe 2.60% 15-Aug-2035 | 5.96 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 4.03 |
| Brazil Government 10.00% 01-Jan-2029 | 3.85 |
| New Zealand Government 0.25% 15-May-2028 | 3.36 |
| Mackenzie Canadian All Corporate Bond Ix ETF (QCB) | 3.05 |
| United Kingdom Government 0.88% 31-Jul-2033 | 2.93 |
| Germany Government 2.30% 15-Feb-2033 | 2.63 |
| United States Treasury Inflation Indexed 1.13% 15-Oct-2030 | 2.54 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Global Core Plus Bond Fund Series LB
Median
Other - Global Fixed Income
3 Yr Annualized
| Standard Deviation | 4.45% | 5.24% | - |
|---|---|---|---|
| Beta | 0.64 | 0.61 | - |
| Alpha | -0.01 | -0.01 | - |
| Rsquared | 0.53% | 0.52% | - |
| Sharpe | -0.30 | -0.70 | - |
| Sortino | -0.27 | -0.86 | - |
| Treynor | -0.02 | -0.06 | - |
| Tax Efficiency | 35.25% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 3.99% | 4.45% | 5.24% | - |
| Beta | 0.60 | 0.64 | 0.61 | - |
| Alpha | -0.01 | -0.01 | -0.01 | - |
| Rsquared | 0.61% | 0.53% | 0.52% | - |
| Sharpe | -0.47 | -0.30 | -0.70 | - |
| Sortino | -0.74 | -0.27 | -0.86 | - |
| Treynor | -0.03 | -0.02 | -0.06 | - |
| Tax Efficiency | - | 35.25% | - | - |
Fund Details
| Start Date | December 01, 2017 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $123 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5379 |
Investment Objectives
The Fund aims to generate income by investing primarily in a diversified portfolio of fixed-income securities issued by companies or governments of any size, anywhere in the world. The Fund also seeks to achieve long-term capital growth by investing in fixed-income securities and other investments. The Fund will employ a flexible approach, allocating assets across credit quality, structures, sectors, currencies and countries. Any proposed change in
Investment Strategy
The investment approach follows a value investment style maximizing the relative value for risk around the world. The Fund has the flexibility to invest across all fixed-income credit qualities and can invest in a wide variety of assets from anywhere in the world including government bonds, high-yield bonds and loans. The Fund can allocate to assets across structures, sectors, currencies and countries.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.51% |
|---|---|
| Management Fee | 1.10% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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