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Alternative Multi-Stratgy
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|
NAVPS (07-25-2024) |
$10.42 |
|---|---|
| Change |
$0.01
(0.13%)
|
As at June 30, 2024
As at April 30, 2024
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Inception Return (February 26, 2019): 2.91%
| 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 | 0.80% | 1.12% | 2.46% | 2.46% | 7.53% | 8.65% | 3.98% | 3.15% | 2.32% | - | - | - | - | - |
| Benchmark | -1.42% | -0.53% | 6.05% | 6.05% | 12.13% | 11.27% | 5.98% | 12.35% | 9.28% | 8.36% | 8.65% | 8.95% | 7.89% | 6.95% |
| Category Average | -0.08% | 3.64% | 3.64% | 3.64% | 7.12% | 4.37% | 1.46% | 3.92% | 3.01% | - | - | - | - | - |
| Category Rank | 29 / 103 | 47 / 102 | 69 / 98 | 69 / 98 | 53 / 95 | 12 / 74 | 18 / 60 | 41 / 50 | 35 / 42 | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 3 | 3 | 3 | 1 | 2 | 4 | 4 | - | - | - | - | - |
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.05% | 0.26% | 1.17% | 1.96% | -3.02% | 1.53% | -0.62% | 0.37% | 1.59% | -0.54% | 0.86% | 0.80% |
| Benchmark | 2.58% | -1.37% | -3.33% | -3.21% | 7.48% | 3.91% | 0.55% | 1.82% | 4.14% | -1.82% | 2.77% | -1.42% |
5.48% (September 2022)
-5.59% (March 2020)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | -0.87% | -2.04% | 2.50% | 8.56% |
| Benchmark | 10.55% | -8.32% | 21.08% | 9.10% | -8.89% | 22.88% | 5.60% | 25.09% | -5.84% | 11.75% |
| Category Average | - | - | - | - | - | - | 4.04% | 6.86% | -5.49% | 4.47% |
| Quartile Ranking | - | - | - | - | - | - | 4 | 4 | 2 | 1 |
| Category Rank | - | - | - | - | - | - | 40/ 44 | 54/ 55 | 20/ 68 | 19/ 88 |
8.56% (2023)
-2.04% (2021)
| Name | Percent |
|---|---|
| Cash and Equivalents | 95.33 |
| US Equity | 3.39 |
| Foreign Corporate Bonds | 0.64 |
| Canadian Government Bonds | 0.62 |
| Canadian Corporate Bonds | 0.34 |
| Other | -0.32 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalent | 95.32 |
| Exchange Traded Fund | 2.32 |
| Fixed Income | 1.11 |
| Financial Services | 0.34 |
| Other | 0.91 |
| Name | Percent |
|---|---|
| North America | 100.58 |
| Africa and Middle East | 0.10 |
| Asia | 0.07 |
| Latin America | 0.01 |
| Europe | -0.21 |
| Other | -0.55 |
| Name | Percent |
|---|---|
| Mackenzie Canadian Money Market Fund Series A | 80.42 |
| Cash and Cash Equivalents | 15.87 |
| SPDR S&P Oil & Gas Exploration & Prodctn ETF (XOP) | 2.32 |
| PO SPX | 1.33 |
| CAN 10YR BOND FUT Jun24 | 0.93 |
| SPDR Bloomberg High Yield Bond ETF (JNK) | 0.65 |
| XAB Materials Jun24 | 0.27 |
| FTSE/JSE Top 40 Index Future (SAF) | 0.10 |
| S&P/TSX 60 Index Futures | 0.08 |
| XAP Cons Staples Jun24 | 0.06 |
Mackenzie Global Macro Fund Series A
Median
Other - Alternative Multi-Stratgy
| Standard Deviation | 6.80% | 6.50% | - |
|---|---|---|---|
| Beta | -0.15% | 0.04% | - |
| Alpha | 0.05% | 0.02% | - |
| Rsquared | 0.09% | 0.01% | - |
| Sharpe | 0.17% | 0.06% | - |
| Sortino | 0.25% | -0.10% | - |
| Treynor | -0.08% | 0.11% | - |
| Tax Efficiency | 71.29% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.34% | 6.80% | 6.50% | - |
| Beta | -0.14% | -0.15% | 0.04% | - |
| Alpha | 0.09% | 0.05% | 0.02% | - |
| Rsquared | 0.10% | 0.09% | 0.01% | - |
| Sharpe | 0.48% | 0.17% | 0.06% | - |
| Sortino | 1.27% | 0.25% | -0.10% | - |
| Treynor | -0.18% | -0.08% | 0.11% | - |
| Tax Efficiency | 73.79% | 71.29% | - | - |
| Start Date | February 26, 2019 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $661 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC5976 |
The Fund seeks to provide a positive total return over a market cycle, regardless of general market direction, by investing long and/or short positions in equity securities, fixed-income securities, and may also invest in physical commodities and/or currencies. The Fund may also engage in physical short sales, borrowing and/or derivatives for investment purposes.
The Fund’s strategies include a collection of processes that are expected to derive value from trading markets that are driven from global macro economic data and events such as movements in commodities, currencies, and equity and bond markets. The strategies aim for diversification across risk factors, different excess return streams, time horizons and economic exposures. Investment decisions reflect a blend of fundamental and quantitative research.
| Name | Start Date |
|---|---|
| Nelson Arruda | 02-20-2020 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.60% |
|---|---|
| Management Fee | 2.10% |
| Load | Back Fee Only |
| FE Max | 5.00% |
| DSC Max | - |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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