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Global Neutral Balanced
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2017
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|
NAVPS (07-28-2025) |
$14.60 |
|---|---|
| Change |
-$0.03
(-0.19%)
|
As at June 30, 2025
As at April 30, 2025
Inception Return (December 01, 2017): 3.86%
| 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 | 1.12% | 1.35% | 1.99% | 1.99% | 9.65% | 8.82% | 7.58% | 3.92% | 4.91% | 4.25% | 4.12% | - | - | - |
| Benchmark | 2.53% | 2.76% | 3.35% | 3.35% | 12.62% | 13.35% | 12.58% | 5.72% | 6.67% | 6.88% | 6.64% | 6.83% | 7.12% | 7.01% |
| Category Average | 1.87% | 2.93% | 3.65% | 3.65% | 10.26% | 10.24% | 9.45% | 4.13% | 6.33% | 5.50% | 5.32% | 5.21% | 5.52% | 4.98% |
| Category Rank | 1,635 / 1,817 | 1,489 / 1,771 | 1,496 / 1,769 | 1,496 / 1,769 | 1,195 / 1,750 | 1,386 / 1,682 | 1,483 / 1,622 | 980 / 1,479 | 1,151 / 1,353 | 1,120 / 1,295 | 1,004 / 1,165 | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.50% | 0.64% | 2.34% | 0.20% | 2.14% | -0.50% | 2.19% | -0.01% | -1.51% | -1.30% | 1.54% | 1.12% |
| Benchmark | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% | 2.53% |
3.98% (November 2022)
-4.26% (March 2020)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | -2.38% | 9.57% | 2.91% | 7.87% | -7.78% | 7.10% | 11.58% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | 2 | 4 | 4 | 3 | 1 | 4 | 3 |
| Category Rank | - | - | - | 404/ 1,115 | 1,163/ 1,235 | 1,197/ 1,327 | 983/ 1,413 | 264/ 1,555 | 1,443/ 1,661 | 1,252/ 1,714 |
11.58% (2024)
-7.78% (2022)
| Name | Percent |
|---|---|
| US Equity | 26.80 |
| International Equity | 14.49 |
| Canadian Equity | 13.30 |
| Canadian Government Bonds | 10.83 |
| Canadian Corporate Bonds | 9.86 |
| Other | 24.72 |
| Name | Percent |
|---|---|
| Fixed Income | 35.53 |
| Financial Services | 12.80 |
| Technology | 11.89 |
| Cash and Cash Equivalent | 7.47 |
| Consumer Services | 4.49 |
| Other | 27.82 |
| Name | Percent |
|---|---|
| North America | 78.99 |
| Europe | 10.24 |
| Asia | 6.16 |
| Multi-National | 1.13 |
| Latin America | 0.56 |
| Other | 2.92 |
| Name | Percent |
|---|---|
| Mackenzie Global Equity Income Fund Series R | 56.17 |
| Mackenzie Unconstrained Fixed Income Fund A | 18.78 |
| Mackenzie Canadian Bond Fund Series A | 13.77 |
| Mackenzie Sovereign Bond Fund Series R | 8.08 |
| Mackenzie Gold Bullion Fund Series A | 2.09 |
| Mackenzie Global Inflation-Linked Fund - Series R | 1.11 |
Mackenzie Monthly Income Balanced Portfolio Series LB
Median
Other - Global Neutral Balanced
| Standard Deviation | 6.07% | 5.85% | - |
|---|---|---|---|
| Beta | 0.73% | 0.68% | - |
| Alpha | -0.01% | 0.00% | - |
| Rsquared | 0.91% | 0.87% | - |
| Sharpe | 0.58% | 0.42% | - |
| Sortino | 1.25% | 0.51% | - |
| Treynor | 0.05% | 0.04% | - |
| Tax Efficiency | 92.61% | 90.60% | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 4.91% | 6.07% | 5.85% | - |
| Beta | 0.70% | 0.73% | 0.68% | - |
| Alpha | 0.01% | -0.01% | 0.00% | - |
| Rsquared | 0.91% | 0.91% | 0.87% | - |
| Sharpe | 1.22% | 0.58% | 0.42% | - |
| Sortino | 2.57% | 1.25% | 0.51% | - |
| Treynor | 0.09% | 0.05% | 0.04% | - |
| Tax Efficiency | 94.06% | 92.61% | 90.60% | - |
| 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) | $1,439 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5383 |
The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and 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.
The Fund’s current asset mix is 57% equity and 42% 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: 40-60% equity securities; 25-60% fixed-income securities.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.22% |
|---|---|
| Management Fee | 1.70% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 1.00% |
| Trailer Fee Max (LL) | - |
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