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Mackenzie Growth Allocation ETF

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Global Equity Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2024, 2023

Click for more information on Fundata’s FundGrade

NAVPS
(06-13-2025) 		$29.50
Change
-$0.26 (-0.87%)

As at May 31, 2025

As at March 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025May 2021Jan 2022Sep 2022May 2023Jan 2024Sep 2024$10,000$12,000$14,000$9,000$11,000$13,000$15,000Period

Legend

Mackenzie Growth Allocation ETF

Compare Options

Fund Returns

Inception Return (September 29, 2020): 10.46%

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 4.33% -0.39% 1.45% 2.64% 14.61% 16.39% 12.26% 8.87% - - - - - -
Benchmark 3.76% -1.91% 0.97% 0.81% 13.00% 15.20% 12.40% 7.88% 9.38% 9.10% 8.37% 7.98% 8.93% 8.30%
Category Average 3.68% -0.97% 0.60% 1.69% 10.16% 12.29% 8.90% 5.49% 8.11% 7.11% 6.22% 5.82% 6.42% 5.59%
Category Rank 256 / 1,330 399 / 1,310 389 / 1,309 338 / 1,309 76 / 1,292 106 / 1,220 78 / 1,190 86 / 1,069 - - - - - -
Quartile Ranking 1 2 2 2 1 1 1 1 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.48% 3.25% 0.41% 2.37% 0.45% 4.42% -1.16% 3.41% -0.35% -2.52% -2.05% 4.33%
Benchmark 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54% 3.76%

Best Monthly Return Since Inception

7.80% (November 2020)

Worst Monthly Return Since Inception

-6.31% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - 15.95% -10.97% 15.28% 21.32%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - - - - - 1 2 1 1
Category Rank - - - - - - 143/ 1,054 495/ 1,151 142/ 1,200 134/ 1,283

Best Calendar Return (Last 10 years)

21.32% (2024)

Worst Calendar Return (Last 10 years)

-10.97% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 35.01
Canadian Equity 23.52
International Equity 20.81
Canadian Government Bonds 8.44
Foreign Government Bonds 4.15
Other 8.07

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 19.22
Technology 17.79
Financial Services 17.35
Consumer Services 6.22
Energy 6.18
Other 33.24

Geographic Allocation

Geographic Allocation
Name Percent
North America 75.23
Europe 13.06
Asia 10.06
Africa and Middle East 0.79
Latin America 0.54
Other 0.32

Top Holdings

Top Holdings
Name Percent
Mackenzie US Large Cap Equity Index ETF (QUU) 35.89
Mackenzie Canadian Equity Index ETF (QCN) 24.04
Mackenzie International Equity Index ETF (QDX) 14.28
Mackenzie Canadian Aggregate Bond Index ETF (QBB) 11.97
Mackenzie Emerging Markets Equity Index ETF (QEE) 5.53
Mackenzie U.S. Aggregate Bond Index ETF (QUB) 4.66
Mackenzie Developed ex-NA Agg Bd Ind ETF (QDXB) 3.23
Mackenzie Emerging Markets Lo Cu Bon Ix ETF (QEBL) 0.40

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return678910111213141516171819-5%0%5%10%15%20%

Mackenzie Growth Allocation ETF

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 10.69% - -
Beta 1.05% - -
Alpha -0.01% - -
Rsquared 0.97% - -
Sharpe 0.77% - -
Sortino 1.45% - -
Treynor 0.08% - -
Tax Efficiency 92.70% - -
Volatility Volatility rating is 5 on a scale of 1 to 10 - -

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.38% 10.69% - -
Beta 1.01% 1.05% - -
Alpha 0.01% -0.01% - -
Rsquared 0.94% 0.97% - -
Sharpe 1.25% 0.77% - -
Sortino 2.82% 1.45% - -
Treynor 0.10% 0.08% - -
Tax Efficiency 94.01% 92.70% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A59.5​59.550.6​50.60%10%20%30%40%50%60%70%80%90%100%

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A61.4​61.450.2​50.20%10%20%30%40%50%60%70%80%90%100%

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A56.2​56.249.9​49.90%10%20%30%40%50%60%70%80%90%100%

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A59.8​59.851.2​51.20%10%20%30%40%50%60%70%80%90%100%

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

View the full methodology

Fund Details

Start Date September 29, 2020
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
N/A

Investment Objectives

Mackenzie Growth Allocation ETF seeks to provide long-term capital growth, primarily by investing in ETFs that provide exposure to a portfolio of global equity and fixed income securities.

Investment Strategy

In order to achieve its investment objective, Mackenzie Growth Allocation ETF invests in global equity and fixed income securities. The Portfolio Manager seeks to maintain a long- term strategic asset allocation of approximately 80% equity securities and 20% fixed income securities (under normal market conditions).

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

TSX Trust Company
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 0.18%
Management Fee 0.17%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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