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Mackenzie Monthly Income Conservative Portfolio Series LB
Global Fixed Inc Balanced
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FundGrade C
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FundGrade A+® Rating Recipient
2019, 2018, 2017
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|
NAVPS (07-15-2026) |
$13.96 |
|---|---|
| Change |
$0.04
(0.31%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (December 01, 2017): 3.77%
| 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 | 1.44% | 4.50% | 5.39% | 5.39% | 10.44% | 9.24% | 8.23% | 7.19% | 4.01% | 4.12% | 3.96% | 3.98% | - | - |
| Benchmark | 2.30% | 5.88% | 6.15% | 6.15% | 10.10% | 10.21% | 9.62% | 8.57% | 4.04% | 3.41% | 4.15% | 4.30% | 4.40% | 4.24% |
| Category Average | 0.72% | 4.82% | 4.70% | 4.70% | 9.07% | 8.75% | 8.26% | 7.46% | 3.58% | 4.54% | 4.27% | 4.26% | 4.04% | 4.11% |
| Category Rank | 123 / 971 | 657 / 966 | 461 / 960 | 461 / 960 | 400 / 955 | 457 / 931 | 540 / 877 | 576 / 859 | 382 / 787 | 504 / 743 | 444 / 710 | 374 / 619 | - | - |
| Quartile Ranking | 1 | 3 | 2 | 2 | 2 | 2 | 3 | 3 | 2 | 3 | 3 | 3 | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.31% | 1.33% | 2.10% | 0.89% | 0.67% | -0.59% | 1.02% | 2.26% | -2.38% | 1.26% | 1.74% | 1.44% |
| Benchmark | 0.55% | 1.09% | 2.79% | 1.00% | -0.23% | -1.50% | 0.33% | 1.93% | -1.98% | 0.82% | 2.66% | 2.30% |
Best Monthly Return Since Inception
3.52% (November 2022)
Worst Monthly Return Since Inception
-3.25% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -0.96% | 7.92% | 4.65% | 3.46% | -8.50% | 6.50% | 8.52% | 6.74% |
| Benchmark | 0.39% | 3.81% | 5.53% | 6.30% | 9.09% | -0.49% | -11.13% | 6.74% | 11.56% | 6.36% |
| Category Average | 4.39% | 5.49% | -2.85% | 9.97% | 7.08% | 4.51% | -11.10% | 7.71% | 8.38% | 7.43% |
| Quartile Ranking | - | - | 2 | 4 | 4 | 3 | 1 | 4 | 3 | 3 |
| Category Rank | - | - | 163/ 576 | 583/ 675 | 609/ 729 | 567/ 781 | 137/ 824 | 706/ 867 | 600/ 918 | 558/ 945 |
Best Calendar Return (Last 10 years)
8.52% (2024)
Worst Calendar Return (Last 10 years)
-8.50% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Government Bonds | 20.35 |
| US Equity | 16.05 |
| Canadian Corporate Bonds | 13.96 |
| Foreign Corporate Bonds | 13.39 |
| International Equity | 9.44 |
| Other | 26.81 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 59.27 |
| Technology | 8.97 |
| Financial Services | 7.92 |
| Cash and Cash Equivalent | 4.76 |
| Consumer Services | 2.41 |
| Other | 16.67 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 82.23 |
| Europe | 7.12 |
| Asia | 3.95 |
| Multi-National | 2.26 |
| Latin America | 0.84 |
| Other | 3.60 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Global Equity Income Fund Series R | 34.24 |
| Mackenzie Unconstrained Fixed Income Fund A | 28.74 |
| Mackenzie Canadian Bond Fund Series A | 21.09 |
| Mackenzie Sovereign Bond Fund Series R | 12.23 |
| Mackenzie Gold Bullion Fund Series A | 1.92 |
| Mackenzie Global Inflation-Linked Fund - Series R | 1.79 |
| Cash and Cash Equivalents | 0.00 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Monthly Income Conservative Portfolio Series LB
Median
Other - Global Fixed Inc Balanced
3 Yr Annualized
| Standard Deviation | 4.58% | 5.47% | - |
|---|---|---|---|
| Beta | 0.77 | 0.74 | - |
| Alpha | 0.01 | 0.01 | - |
| Rsquared | 0.79% | 0.79% | - |
| Sharpe | 0.99 | 0.21 | - |
| Sortino | 1.92 | 0.29 | - |
| Treynor | 0.06 | 0.02 | - |
| Tax Efficiency | 88.96% | 80.41% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.42% | 4.58% | 5.47% | - |
| Beta | 0.76 | 0.77 | 0.74 | - |
| Alpha | 0.03 | 0.01 | 0.01 | - |
| Rsquared | 0.82% | 0.79% | 0.79% | - |
| Sharpe | 1.75 | 0.99 | 0.21 | - |
| Sortino | 2.56 | 1.92 | 0.29 | - |
| Treynor | 0.10 | 0.06 | 0.02 | - |
| Tax Efficiency | 91.77% | 88.96% | 80.41% | - |
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) | $1,542 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5387 |
Investment Objectives
The Fund seeks to provide investors with a diversified portfolio designed to provide a steady stream of income with some long-term capital appreciation with reduced volatility. The Fund will pursue this objective by investing in other mutual funds and/or by investing in securities directly to gain exposure to Canadian and foreign fixed-income and equity securities and other asset categories. It may also use derivatives.
Investment Strategy
The Fund’s current asset mix is 34% equity and 65% fixed-income assets. The Fund will also allocate a small portion of its portfolio to cash and/or commodities. The strategic long-term asset mix may change in reaction to, or in anticipation of, market changes. However, it will generally be kept within the following ranges: 10-40% equity securities; 45-90% fixed-income securities.
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 | 1.80% |
|---|---|
| Management Fee | 1.35% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.75% |
| Trailer Fee Max (LL) | - |
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