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Mackenzie Canadian Value Balanced Fund Series A
Canadian Equity Balanced
Click for more information on Fundata’s FundGrade
FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade B
Click for more information on Fundata’s ESG Grade.
|
NAVPS (10-13-2026) |
$12.88 |
|---|---|
| Change |
-$0.04
(-0.30%)
|
As at September 30, 2026
As at July 31, 2026
As at September 30, 2026
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Legend
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Fund Returns
Inception Return (October 07, 1998): 6.43%
| 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 | -0.81% | -2.67% | 10.41% | 12.55% | 18.04% | 18.03% | 18.13% | 15.91% | 10.60% | 11.71% | 8.45% | 6.91% | 6.57% | 6.69% |
| Benchmark | -2.26% | 0.45% | 6.17% | 9.41% | 14.42% | 18.00% | 19.70% | 16.33% | 11.37% | 12.67% | 11.10% | 10.70% | 10.04% | 9.63% |
| Category Average | -1.77% | -0.96% | 5.81% | 5.54% | 7.47% | 9.36% | 12.62% | 11.09% | 7.16% | 8.75% | 7.48% | 7.07% | 6.71% | 6.54% |
| Category Rank | 80 / 364 | 320 / 361 | 35 / 361 | 45 / 359 | 37 / 356 | 23 / 336 | 39 / 332 | 30 / 330 | 40 / 322 | 63 / 318 | 152 / 316 | 239 / 306 | 221 / 286 | 188 / 261 |
| Quartile Ranking | 1 | 4 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 4 | 4 | 3 |
Monthly Return
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.14% | 2.69% | 0.99% | 2.89% | 3.15% | -3.96% | 5.45% | 3.89% | 3.55% | -2.26% | 0.40% | -0.81% |
| Benchmark | 0.91% | 2.96% | 0.65% | 0.78% | 6.21% | -3.73% | 2.87% | 2.24% | 0.49% | 0.51% | 2.25% | -2.26% |
Best Monthly Return Since Inception
9.33% (November 2020)
Worst Monthly Return Since Inception
-12.55% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.51% | 4.34% | -10.05% | 9.58% | -3.59% | 13.57% | -6.74% | 10.70% | 15.76% | 18.46% |
| Benchmark | 15.95% | 7.50% | -6.34% | 18.83% | 6.85% | 17.62% | -7.12% | 10.48% | 17.11% | 23.78% |
| Category Average | 10.63% | 6.12% | -6.63% | 14.36% | 4.77% | 15.38% | -7.74% | 9.70% | 12.92% | 11.54% |
| Quartile Ranking | 2 | 4 | 4 | 4 | 4 | 4 | 2 | 2 | 2 | 1 |
| Category Rank | 110/ 253 | 220/ 262 | 265/ 291 | 309/ 311 | 314/ 316 | 261/ 318 | 135/ 326 | 124/ 330 | 113/ 332 | 42/ 336 |
Best Calendar Return (Last 10 years)
18.46% (2025)
Worst Calendar Return (Last 10 years)
-10.05% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Equity | 42.74 |
| US Equity | 19.38 |
| Foreign Corporate Bonds | 12.60 |
| Canadian Corporate Bonds | 8.43 |
| International Equity | 6.36 |
| Other | 10.49 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 26.67 |
| Financial Services | 20.03 |
| Technology | 9.64 |
| Energy | 8.39 |
| Basic Materials | 7.72 |
| Other | 27.55 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 92.02 |
| Europe | 5.12 |
| Asia | 1.95 |
| Multi-National | 0.49 |
| Latin America | 0.01 |
| Other | 0.41 |
Top Holdings
| Name | Percent |
|---|---|
| Royal Bank of Canada | 3.17 |
| Cash and Cash Equivalents | 2.98 |
| Toronto-Dominion Bank | 2.70 |
| Suncor Energy Inc | 2.51 |
| Canada Government 3.25% 01-Jun-2035 | 2.25 |
| Enbridge Inc | 2.08 |
| Atkinsrealis Group Inc | 2.03 |
| UnitedHealth Group Inc | 2.00 |
| Citigroup Inc | 1.90 |
| Bank of Montreal | 1.79 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Canadian Value Balanced Fund Series A
Median
Other - Canadian Equity Balanced
3 Yr Annualized
| Standard Deviation | 9.05% | 10.34% | 10.44% |
|---|---|---|---|
| Beta | 0.88 | 0.91 | 0.91 |
| Alpha | 0.01 | 0.00 | -0.02 |
| Rsquared | 0.72% | 0.83% | 0.83% |
| Sharpe | 1.53 | 0.74 | 0.49 |
| Sortino | 3.10 | 1.17 | 0.56 |
| Treynor | 0.16 | 0.08 | 0.06 |
| Tax Efficiency | 89.72% | 88.16% | 86.42% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.48% | 9.05% | 10.34% | 10.44% |
| Beta | 0.76 | 0.88 | 0.91 | 0.91 |
| Alpha | 0.07 | 0.01 | 0.00 | -0.02 |
| Rsquared | 0.50% | 0.72% | 0.83% | 0.83% |
| Sharpe | 1.57 | 1.53 | 0.74 | 0.49 |
| Sortino | 2.81 | 3.10 | 1.17 | 0.56 |
| Treynor | 0.20 | 0.16 | 0.08 | 0.06 |
| Tax Efficiency | 82.18% | 89.72% | 88.16% | 86.42% |
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 | Annual |
| Assets ($mil) | $532 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC1600 | DSC | Open |
| MFC740 | FE | Open |
| MFC840 | DSC | Open |
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 Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
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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