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IPC Essentials Income Portfolio Series A

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Global Fixed Inc Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(07-25-2024) 		$8.99
Change
$0.02 (0.25%)

As at June 30, 2024

As at April 30, 2024

Period
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Legend

IPC Essentials Income Portfolio Series A

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Fund Returns

Inception Return (September 13, 2018): 0.89%

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 0.19% 0.11% 1.34% 1.34% 5.26% 4.52% -0.09% 0.94% 0.18% - - - - -
Benchmark 1.45% 0.83% 3.69% 3.69% 8.45% 6.96% 0.12% 0.17% 1.82% 2.40% 2.79% 2.80% 3.59% 4.40%
Category Average 0.80% 3.12% 3.12% 3.12% 7.35% 6.20% 0.29% 2.51% 2.54% 2.81% 2.73% 2.98% 2.83% 2.91%
Category Rank 937 / 965 935 / 955 934 / 955 934 / 955 877 / 913 844 / 897 558 / 814 671 / 771 735 / 735 - - - - -
Quartile Ranking 4 4 4 4 4 4 3 4 4 - - - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.05% -0.01% -2.32% -0.15% 3.71% 2.64% -0.45% 0.36% 1.32% -1.74% 1.69% 0.19%
Benchmark 0.72% 1.08% -3.41% 0.82% 3.70% 1.73% 0.36% 1.41% 1.04% -1.39% 0.79% 1.45%

Best Monthly Return Since Inception

3.71% (November 2023)

Worst Monthly Return Since Inception

-8.72% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - 8.47% -0.87% 2.57% -8.53% 5.34%
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 - - - - - 3 4 4 1 4
Category Rank - - - - - 524/ 701 757/ 757 669/ 808 139/ 862 876/ 903

Best Calendar Return (Last 10 years)

8.47% (2019)

Worst Calendar Return (Last 10 years)

-8.53% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Government Bonds 40.26
Foreign Corporate Bonds 14.62
Canadian Corporate Bonds 13.96
US Equity 12.77
International Equity 8.69
Other 9.70

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 69.37
Financial Services 4.90
Energy 4.73
Consumer Goods 4.09
Real Estate 3.44
Other 13.47

Geographic Allocation

Geographic Allocation
Name Percent
North America 84.46
Multi-National 6.27
Europe 5.75
Asia 3.18
Latin America 0.28
Other 0.06

Top Holdings

Top Holdings
Name Percent
BMO Aggregate Bond Index ETF (ZAG) 49.95
iShares Core MSCI Global Qua Div Ix ETF (XDG) 19.49
iShares Broad USD High Yield Corp Bond ETF (USHY) 8.44
iShares S&P/TSX Composite Hi Dividend Ix ETF (XEI) 7.96
iShares JP Morgan EM Corp Bond ETF (CEMB) 6.27
Mackenzie Canadian Short-Term Bond Index ETF (QSB) 5.09
Mackenzie Developed Markets Real Est In ETF (QRET) 2.74
Canadian Dollars 0.06

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)

IPC Essentials Income Portfolio Series A

Median

Other - Global Fixed Inc Balanced

3 Yr Annualized

Standard Deviation 6.57% 6.95% -
Beta 0.77% 0.72% -
Alpha 0.00% -0.01% -
Rsquared 0.73% 0.43% -
Sharpe -0.44% -0.24% -
Sortino -0.59% -0.46% -
Treynor -0.04% -0.02% -
Tax Efficiency - - -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.89% 6.57% 6.95% -
Beta 0.86% 0.77% 0.72% -
Alpha -0.02% 0.00% -0.01% -
Rsquared 0.76% 0.73% 0.43% -
Sharpe 0.08% -0.44% -0.24% -
Sortino 0.68% -0.59% -0.46% -
Treynor 0.01% -0.04% -0.02% -
Tax Efficiency 82.89% - - -

Fund Details

Start Date September 13, 2018
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $18

Fund Codes

FundServ Code Load Code Sales Status
CGF287

Investment Objectives

The Fund seeks to provide investors with a steady stream of income with some emphasis on capital preservation and the potential for modest capital growth 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: 65% - 85% fixed-income securities and 15% - 35% equity securities. The Fund is built upon long-term strategic allocations to different equity markets, fixed-income markets, and other asset classes. The Fund may be over or underweight equity or fixed income or other asset class holdings when Counsel believes it is prudent to do so based on market signals and other factors.

Portfolio Manager(s)

Name Start Date
Counsel Portfolio Services Inc. 09-10-2018
Mackenzie Financial Corporation 02-29-2024

Management and Organization

Fund Manager Counsel Portfolio Services Inc.
Advisor Counsel Portfolio Services Inc.
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte 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 0

Fees

MER 1.79%
Management Fee 1.35%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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