Try Fund Library Premium
For Free with a 30 day trial!
Alternative Credit Focus
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (03-13-2026) |
$8.32 |
|---|---|
| Change |
$0.02
(0.26%)
|
As at February 28, 2026
As at December 31, 2025
Loading......
Inception Return (June 11, 2020): 4.20%
| 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 | 2.04% | 3.32% | 7.65% | 3.32% | 8.83% | 10.79% | 8.01% | 3.07% | 3.78% | - | - | - | - | - |
| Benchmark | 1.70% | 0.95% | 3.82% | 2.34% | 2.46% | 5.37% | 4.79% | 1.69% | 0.87% | 0.71% | 1.94% | 2.15% | 2.03% | 1.99% |
| Category Average | 0.48% | 1.31% | 2.78% | 1.20% | 5.37% | 6.72% | 6.60% | 4.76% | 3.79% | 4.50% | - | - | - | - |
| Category Rank | 7 / 142 | 7 / 142 | 8 / 137 | 9 / 142 | 9 / 129 | 9 / 107 | 21 / 102 | 74 / 87 | 38 / 63 | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 4 | 3 | - | - | - | - | - |
| Return % | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.05% | -3.69% | 2.79% | 1.94% | 1.84% | 1.45% | 2.11% | 0.75% | 1.28% | 0.00% | 1.26% | 2.04% |
| Benchmark | -0.29% | -0.77% | 0.08% | 0.04% | -0.74% | 0.37% | 1.80% | 0.76% | 0.26% | -1.36% | 0.63% | 1.70% |
7.52% (November 2020)
-9.21% (September 2022)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | 11.52% | -17.34% | 3.95% | 13.85% | 7.08% |
| Benchmark | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% | 4.10% | 2.40% |
| Category Average | - | - | - | - | 7.20% | 3.25% | -4.07% | 7.22% | 7.97% | 5.39% |
| Quartile Ranking | - | - | - | - | - | 1 | 4 | 4 | 1 | 1 |
| Category Rank | - | - | - | - | - | 9/ 63 | 84/ 84 | 96/ 102 | 12/ 107 | 23/ 128 |
13.85% (2024)
-17.34% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 42.09 |
| US Equity | 32.07 |
| Canadian Equity | 21.51 |
| Foreign Government Bonds | 1.92 |
| International Equity | 1.23 |
| Other | 1.18 |
| Name | Percent |
|---|---|
| Fixed Income | 44.59 |
| Financial Services | 10.83 |
| Technology | 10.59 |
| Energy | 10.22 |
| Consumer Goods | 5.15 |
| Other | 18.62 |
| Name | Percent |
|---|---|
| North America | 90.97 |
| Europe | 1.21 |
| Asia | 0.46 |
| Latin America | 0.43 |
| Africa and Middle East | 0.02 |
| Other | 6.91 |
| Name | Percent |
|---|---|
| SPDR S&P 500 ETF Trust (SPY) | 20.64 |
| Mackenzie Floating Rate Income ETF (MFT) | 8.38 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 2.93 |
| Bank of Nova Scotia | 1.71 |
| Enbridge Inc | 1.31 |
| Magna International Inc | 1.13 |
| Telus Corp | 1.12 |
| Philip Morris International Inc | 1.02 |
| Whitecap Resources Inc | 0.96 |
| Canadian Utilities Ltd Cl A | 0.87 |
Mackenzie Alternative Enhanced Yield Fund Series A
Median
Other - Alternative Credit Focus
| Standard Deviation | 6.23% | 9.52% | - |
|---|---|---|---|
| Beta | 0.51% | 0.94% | - |
| Alpha | 0.05% | 0.03% | - |
| Rsquared | 0.18% | 0.33% | - |
| Sharpe | 0.67% | 0.14% | - |
| Sortino | 1.13% | 0.16% | - |
| Treynor | 0.08% | 0.01% | - |
| Tax Efficiency | 73.25% | - | - |
| Volatility |
|
|
- |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.08% | 6.23% | 9.52% | - |
| Beta | 1.05% | 0.51% | 0.94% | - |
| Alpha | 0.06% | 0.05% | 0.03% | - |
| Rsquared | 0.24% | 0.18% | 0.33% | - |
| Sharpe | 0.88% | 0.67% | 0.14% | - |
| Sortino | 1.11% | 1.13% | 0.16% | - |
| Treynor | 0.06% | 0.08% | 0.01% | - |
| Tax Efficiency | 79.07% | 73.25% | - | - |
| Start Date | June 11, 2020 |
|---|---|
| Instrument Type | Mutual Fund (Alternative) |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $442 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC8094 |
The Fund seeks to provide a high level of current income and the potential for long-term capital appreciation primarily through long and/or short positions in fixed-income securities and equity securities of issuers anywhere in the world. The Fund may engage in physical short sales and borrowing and/or use derivatives for hedging and investment purposes.
To achieve its investment objectives, the Fund will pursue a flexible approach to gaining long and/or short exposure to yield-oriented (i) fixed income securities, including lower-rated debt securities; and (ii) equity securities. The Fund will typically invest in both traditional and non-traditional securities which have historically generated a significant portion of their total return from income.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
IPC Investment Corporation IPC Securities Corporation Quadrus Investment Services Limited |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.62% |
|---|---|
| Management Fee | 1.85% |
| 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) | - |
Try Fund Library Premium
For Free with a 30 day trial!
Fund Library
