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Mackenzie Cundill Canadian Balanced Fund Series A

Canadian Equity Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

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NAVPS
(07-25-2024)
$10.31
Change
-$0.03 (-0.26%)

As at June 30, 2024

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Cundill Canadian Balanced Fund Series A

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Fund Returns

Inception Return (October 07, 1998): 5.43%

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 -0.34% -0.15% 5.09% 5.09% 10.88% 9.17% 4.12% 7.72% 3.46% 2.51% 2.85% 4.30% 2.26% 2.31%
Benchmark -0.32% -0.13% 4.47% 4.47% 10.05% 9.32% 4.10% 8.73% 7.05% 6.70% 6.88% 7.04% 6.38% 5.81%
Category Average 0.19% 4.29% 4.29% 4.29% 8.86% 8.76% 3.62% 7.79% 5.66% 5.27% 5.14% 5.54% 4.94% 4.66%
Category Rank 254 / 372 225 / 370 143 / 369 143 / 369 103 / 367 185 / 364 153 / 357 198 / 330 327 / 329 306 / 307 284 / 285 265 / 270 251 / 253 232 / 233
Quartile Ranking 3 3 2 2 2 3 2 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.43% -0.35% -3.23% -2.47% 5.70% 3.62% -0.20% 1.74% 3.65% -2.33% 2.58% -0.34%
Benchmark 1.67% -1.08% -3.16% -2.30% 6.66% 3.79% 0.07% 1.27% 3.22% -1.85% 2.08% -0.32%

Best Monthly Return Since Inception

9.33% (November 2020)

Worst Monthly Return Since Inception

-12.55% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.94% -9.61% 11.51% 4.34% -10.05% 9.58% -3.59% 13.57% -6.74% 10.70%
Benchmark 10.25% -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48%
Category Average 8.24% -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70%
Quartile Ranking 4 4 2 4 4 4 4 3 2 2
Category Rank 184/ 225 248/ 251 111/ 259 230/ 271 274/ 300 318/ 320 327/ 329 266/ 355 169/ 363 125/ 367

Best Calendar Return (Last 10 years)

13.57% (2021)

Worst Calendar Return (Last 10 years)

-10.05% (2018)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 37.25
US Equity 18.11
Canadian Corporate Bonds 13.69
Canadian Government Bonds 10.43
International Equity 7.28
Other 13.24

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 32.23
Financial Services 17.87
Energy 10.23
Technology 8.07
Consumer Goods 5.69
Other 25.91

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.78
Europe 6.11
Asia 1.32
Latin America 0.68
Multi-National 0.04
Other 0.07

Top Holdings

Top Holdings
Name Percent
Teck Resources Ltd Cl B 3.08
SNC-Lavalin Group Inc 2.90
Fairfax Financial Holdings Ltd 7.75% 15-Jul-2037 2.53
Canadian Natural Resources Ltd 2.33
Royal Bank of Canada 2.30
Cash and Cash Equivalents 2.12
Oracle Corp 2.03
Brookfield Corp Cl A 1.87
Enbridge Inc 1.65
Suncor Energy Inc 1.61

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Mackenzie Cundill Canadian Balanced Fund Series A

Median

Other - Canadian Equity Balanced

3 Yr Annualized

Standard Deviation 10.73% 11.88% 10.46%
Beta 0.92% 0.90% 0.93%
Alpha 0.00% -0.03% -0.03%
Rsquared 0.91% 0.91% 0.81%
Sharpe 0.15% 0.17% 0.13%
Sortino 0.22% 0.13% -0.02%
Treynor 0.02% 0.02% 0.01%
Tax Efficiency 86.51% 86.69% 67.86%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 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 9.74% 10.73% 11.88% 10.46%
Beta 0.97% 0.92% 0.90% 0.93%
Alpha 0.01% 0.00% -0.03% -0.03%
Rsquared 0.97% 0.91% 0.91% 0.81%
Sharpe 0.61% 0.15% 0.17% 0.13%
Sortino 1.50% 0.22% 0.13% -0.02%
Treynor 0.06% 0.02% 0.02% 0.01%
Tax Efficiency 92.98% 86.51% 86.69% 67.86%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date October 07, 1998
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Quarterly
Assets ($mil) $364

Fund Codes

FundServ Code Load Code Sales Status
MFC1600
MFC3177
MFC7052
MFC740
MFC840

Investment Objectives

The Fund pursues long-term capital growth by investing mainly in Canadian equity and fixed-income securities. The levels of fixed-income and equity securities will range between 30% and 70% of the Fund’s assets, depending on the manager’s assessment of economic and market factors.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 60-70% equity securities; 30-40% fixed-income securities, including cash and cash equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class. The equity portfolio manager employs a fundamental value investment style.

Portfolio Manager(s)

Name Start Date
Movin Mokbel 05-01-2013
Steve Locke 05-01-2013
Felix Wong 05-01-2013
Dan Cooper 05-01-2013
Konstantin Boehmer 07-01-2013
Richard Y.C. Wong 03-24-2016
William Aldridge 03-24-2016
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 & 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 100

Fees

MER 2.29%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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