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Mackenzie Strategic Income Fund Series A

Canadian Neutral Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2012

Click for more information on Fundata’s FundGrade

NAVPS
(05-21-2024)
$7.98
Change
$0.01 (0.12%)

As at April 30, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Strategic Income Fund Series A

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Fund Returns

Inception Return (December 19, 2005): 5.16%

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 -1.72% 2.06% 10.61% 2.54% 5.47% 4.06% 2.67% 5.99% 3.91% 4.35% 3.85% 5.25% 4.19% 4.33%
Benchmark -1.88% 1.39% 11.11% 1.08% 4.37% 3.44% 3.24% 6.33% 4.97% 5.50% 4.90% 5.45% 4.60% 4.91%
Category Average -2.03% 10.42% 10.42% 1.66% 4.77% 3.36% 2.24% 5.58% 3.94% 4.18% 3.69% 4.36% 3.60% 3.95%
Category Rank 169 / 448 187 / 442 274 / 442 172 / 442 233 / 431 179 / 418 258 / 389 230 / 378 268 / 368 252 / 361 206 / 346 138 / 333 144 / 299 162 / 287
Quartile Ranking 2 2 3 2 3 2 3 3 3 3 3 2 2 3

Monthly Return

Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund -2.97% 1.66% 0.75% -0.66% -2.45% -0.97% 4.74% 2.99% 0.47% 1.78% 2.03% -1.72%
Benchmark -3.45% 1.83% 0.93% -0.84% -3.01% -1.57% 6.01% 3.69% -0.31% 0.82% 2.49% -1.88%

Best Monthly Return Since Inception

9.22% (May 2009)

Worst Monthly Return Since Inception

-12.29% (October 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 5.69% -1.03% 11.47% 7.21% -3.66% 12.83% 4.90% 9.76% -7.68% 8.18%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking 4 3 2 2 2 3 3 4 2 3
Category Rank 264/ 286 201/ 299 85/ 331 104/ 344 164/ 355 242/ 365 276/ 374 323/ 389 173/ 409 268/ 429

Best Calendar Return (Last 10 years)

12.83% (2019)

Worst Calendar Return (Last 10 years)

-7.68% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 28.10
Foreign Corporate Bonds 21.52
US Equity 15.96
Canadian Corporate Bonds 14.96
International Equity 10.31
Other 9.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 42.45
Financial Services 13.27
Technology 7.80
Energy 6.83
Industrial Services 4.77
Other 24.88

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.94
Europe 8.70
Asia 2.69
Latin America 2.00
Africa and Middle East 0.15
Other 0.52

Top Holdings

Top Holdings
Name Percent
Mackenzie Global High Yield Fixed Incom ETF (MHYB) 5.68
Royal Bank of Canada 2.00
Microsoft Corp 1.49
Bank of Montreal 1.47
Canadian Natural Resources Ltd 1.44
Cash and Cash Equivalents 1.37
Canadian Pacific Kansas City Ltd 1.32
Toronto-Dominion Bank 1.30
Canadian National Railway Co 1.09
TC Energy Corp 0.99

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)

Mackenzie Strategic Income Fund Series A

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 7.88% 8.59% 7.16%
Beta 0.81% 0.81% 0.82%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.95% 0.94% 0.89%
Sharpe 0.02% 0.26% 0.43%
Sortino -0.01% 0.19% 0.29%
Treynor 0.00% 0.03% 0.04%
Tax Efficiency 58.81% 74.34% 74.93%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 3 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.01% 7.88% 8.59% 7.16%
Beta 0.81% 0.81% 0.81% 0.82%
Alpha 0.02% 0.00% 0.00% 0.00%
Rsquared 0.97% 0.95% 0.94% 0.89%
Sharpe 0.10% 0.02% 0.26% 0.43%
Sortino 0.54% -0.01% 0.19% 0.29%
Treynor 0.01% 0.00% 0.03% 0.04%
Tax Efficiency 87.18% 58.81% 74.34% 74.93%

Fund Details

Start Date December 19, 2005
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,686

Fund Codes

FundServ Code Load Code Sales Status
MFC2238
MFC2239
MFC2274
MFC3232
MFC7123

Investment Objectives

The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed-income and/or income-oriented equity securities.

Investment Strategy

The Fund will pursue a flexible approach to investing in fixed-income and/or equity asset classes anywhere in the world. Currently, it invests primarily in North America. The Fund will generally invest 30% to 70% of its assets in any one asset class, but it may invest 0% to 100% of its assets in any one asset class. Allocations between asset classes are based on economic conditions and/or the portfolio managers’ assessment of relative valuations.

Portfolio Manager(s)

Name Start Date
Steve Locke 01-30-2008
Tim Johal 01-01-2013
Darren McKiernan 12-09-2013

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 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 2.27%
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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