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Mackenzie Conservative Income ETF Portfolio Series A

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Global Fixed Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(05-02-2024) 		$10.09
Change
$0.04 (0.38%)

As at March 31, 2024

As at January 31, 2024

Period
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Legend

Mackenzie Conservative Income ETF Portfolio Series A

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Fund Returns

Inception Return (January 29, 2018): 2.17%

Fund Returns
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 1.50% 2.31% 10.23% 2.31% 6.95% 1.40% 0.58% 3.67% 2.25% 2.36% - - - -
Benchmark 1.04% 2.83% 9.37% 2.83% 5.66% 2.64% 0.26% 0.62% 1.90% 2.31% 2.72% 3.04% 3.24% 4.26%
Category Average 1.42% 9.52% 9.52% 2.30% 6.66% 1.54% 1.00% 4.45% 2.74% 2.77% 2.74% 3.17% 2.58% 3.02%
Category Rank 343 / 959 439 / 959 253 / 923 439 / 959 370 / 907 560 / 897 560 / 812 442 / 762 440 / 734 367 / 624 - - - -
Quartile Ranking 2 2 2 2 2 3 3 3 3 3 - - - -

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 1.10% -2.02% 1.05% 0.65% -0.70% -3.02% -0.73% 5.08% 3.29% -0.38% 1.18% 1.50%
Benchmark 1.00% -1.55% -1.21% 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04%

Best Monthly Return Since Inception

5.72% (April 2020)

Worst Monthly Return Since Inception

-7.19% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 9.42% 7.73% 3.13% -12.60% 8.39%
Benchmark 11.35% 16.91% 0.39% 3.81% 5.53% 6.30% 9.09% -0.49% -11.13% 6.74%
Category Average 6.43% 1.21% 4.39% 5.49% -2.85% 9.97% 7.08% 4.51% -11.10% 7.71%
Quartile Ranking - - - - - 2 2 4 4 2
Category Rank - - - - - 344/ 705 206/ 762 615/ 812 734/ 866 301/ 907

Best Calendar Return (Last 10 years)

9.42% (2019)

Worst Calendar Return (Last 10 years)

-12.60% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 20.99
Canadian Corporate Bonds 18.01
US Equity 13.32
Canadian Government Bonds 12.84
Canadian Equity 9.93
Other 24.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 62.90
Financial Services 6.93
Technology 6.59
Cash and Cash Equivalent 5.15
Energy 2.63
Other 15.80

Geographic Allocation

Geographic Allocation
Name Percent
North America 82.48
Europe 5.19
Asia 5.09
Latin America 4.25
Africa and Middle East 2.01
Other 0.98

Top Holdings

Top Holdings
Name Percent
Mackenzie Core Plus Canadian Fixed Income ETF(MKB) 36.17
Mackenzie US Large Cap Equity Index ETF (QUU) 12.24
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) 11.36
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 10.64
Mackenzie Canadian Equity Index ETF (QCN) 9.89
Mackenzie Emerging Markets Bond Idx ETF C$H (QEBH) 6.52
Mackenzie International Equity Index ETF (QDX) 5.95
Mackenzie Emerging Markets Equity Index ETF (QEE) 2.06
Mackenzie Canadian Ultra Short Bond Index ETF 1.84
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 1.32

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Mackenzie Conservative Income ETF Portfolio Series A

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 8.29% 8.07% -
Beta 0.96% 0.92% -
Alpha 0.00% 0.01% -
Rsquared 0.72% 0.51% -
Sharpe -0.21% 0.08% -
Sortino -0.34% -0.08% -
Treynor -0.02% 0.01% -
Tax Efficiency - 69.21% -
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 -

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.62% 8.29% 8.07% -
Beta 1.02% 0.96% 0.92% -
Alpha 0.01% 0.00% 0.01% -
Rsquared 0.70% 0.72% 0.51% -
Sharpe 0.30% -0.21% 0.08% -
Sortino 0.94% -0.34% -0.08% -
Treynor 0.02% -0.02% 0.01% -
Tax Efficiency 86.76% - 69.21% -

Fund Details

Start Date January 29, 2018
Instrument Type Mutual Fund (Wrap Program)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
MFC5421
MFC5422
MFC5423

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a steady stream of income with some emphasis on capital preservation. The Fund seeks to accomplish its objectives by investing primarily in exchange traded funds to gain exposure to Canadian and foreign equity and fixed-income securities and other asset categories.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 15% - 35% equity securities; 55% - 85% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in other asset classes. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long-term strategic allocations to different equity markets, fixed income markets, and other asset classes.

Portfolio Manager(s)

Name Start Date
Nelson Arruda 02-20-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte and Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 50

Fees

MER 1.60%
Management Fee 1.20%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.75%
Trailer Fee Max (DSC) 0.75%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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