Join Fund Library now and get free access to personalized features to help you manage your investments.
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
2012
Click for more information on Fundata’s FundGrade
|
NAVPS (01-17-2025) |
$8.32 |
|---|---|
| Change |
$0.06
(0.72%)
|
As at December 31, 2024
As at October 31, 2024
Loading...
Inception Return (December 19, 2005): 5.47%
| 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 | -1.01% | 1.19% | 6.95% | 12.17% | 12.17% | 10.15% | 3.86% | 5.30% | 5.22% | 6.45% | 4.94% | 5.23% | 5.90% | 5.19% |
| Benchmark | -2.03% | 2.05% | 10.03% | 13.55% | 13.55% | 11.47% | 4.48% | 6.29% | 6.55% | 8.01% | 6.16% | 6.17% | 6.80% | 5.77% |
| Category Average | -1.58% | 1.25% | 7.24% | 11.69% | 11.69% | 9.97% | 3.11% | 4.99% | 5.26% | 6.44% | 4.77% | 4.89% | 5.08% | 4.57% |
| Category Rank | 85 / 452 | 276 / 452 | 358 / 452 | 291 / 446 | 291 / 446 | 264 / 432 | 214 / 412 | 272 / 392 | 270 / 377 | 257 / 368 | 233 / 358 | 205 / 347 | 158 / 334 | 153 / 301 |
| Quartile Ranking | 1 | 3 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 3 |
| Return % | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.47% | 1.78% | 2.03% | -1.72% | 1.94% | 0.34% | 3.25% | 0.58% | 1.77% | -0.08% | 2.30% | -1.01% |
| Benchmark | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% | 2.55% | -0.02% | 4.18% | -2.03% |
9.22% (May 2009)
-12.29% (October 2008)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -1.03% | 11.47% | 7.21% | -3.66% | 12.83% | 4.90% | 9.76% | -7.68% | 8.18% | 12.17% |
| Benchmark | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% | 13.55% |
| Category Average | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% | 11.69% |
| Quartile Ranking | 3 | 2 | 2 | 2 | 3 | 3 | 4 | 2 | 3 | 3 |
| Category Rank | 202/ 301 | 86/ 334 | 106/ 347 | 168/ 358 | 242/ 368 | 278/ 377 | 326/ 392 | 175/ 412 | 269/ 432 | 291/ 446 |
12.83% (2019)
-7.68% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 29.18 |
| Foreign Corporate Bonds | 19.81 |
| US Equity | 16.64 |
| Canadian Corporate Bonds | 12.42 |
| International Equity | 9.00 |
| Other | 12.95 |
| Name | Percent |
|---|---|
| Fixed Income | 37.68 |
| Financial Services | 13.88 |
| Technology | 7.98 |
| Energy | 7.12 |
| Cash and Cash Equivalent | 6.35 |
| Other | 26.99 |
| Name | Percent |
|---|---|
| North America | 87.94 |
| Europe | 8.23 |
| Asia | 2.51 |
| Latin America | 0.79 |
| Africa and Middle East | 0.10 |
| Other | 0.43 |
| Name | Percent |
|---|---|
| Mackenzie Global High Yield Fixed Incom ETF (MHYB) | 5.73 |
| Cash and Cash Equivalents | 2.96 |
| Royal Bank of Canada | 2.30 |
| Toronto-Dominion Bank | 1.52 |
| Canadian Natural Resources Ltd | 1.35 |
| Bank of Montreal | 1.34 |
| Microsoft Corp | 1.33 |
| Canadian Pacific Kansas City Ltd | 1.19 |
| Apple Inc | 1.05 |
| Enbridge Inc | 1.01 |
Mackenzie Strategic Income Fund Series A
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 8.07% | 8.69% | 7.21% |
|---|---|---|---|
| Beta | 0.79% | 0.80% | 0.82% |
| Alpha | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.95% | 0.95% | 0.89% |
| Sharpe | 0.06% | 0.36% | 0.51% |
| Sortino | 0.20% | 0.39% | 0.45% |
| Treynor | 0.01% | 0.04% | 0.05% |
| Tax Efficiency | 83.28% | 82.41% | 80.91% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.05% | 8.07% | 8.69% | 7.21% |
| Beta | 0.67% | 0.79% | 0.80% | 0.82% |
| Alpha | 0.03% | 0.00% | 0.00% | 0.00% |
| Rsquared | 0.87% | 0.95% | 0.95% | 0.89% |
| Sharpe | 1.44% | 0.06% | 0.36% | 0.51% |
| Sortino | 3.66% | 0.20% | 0.39% | 0.45% |
| Treynor | 0.11% | 0.01% | 0.04% | 0.05% |
| Tax Efficiency | 94.56% | 83.28% | 82.41% | 80.91% |
| 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) | $1,734 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC2238 | ||
| MFC2239 | ||
| MFC2274 | ||
| MFC3232 |
The Fund seeks income with the potential for long-term capital growth by investing primarily in fixed-income and/or income-oriented equity securities.
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.
| Name | Start Date |
|---|---|
| Steve Locke | 01-30-2008 |
| Tim Johal | 01-01-2013 |
| Darren McKiernan | 12-09-2013 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | KPMG LLP |
| 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 |
| MER | 2.28% |
|---|---|
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
