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Mackenzie Private Equity Replication Fund Series A

Alternative Equity Focus

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

NAVPS
(10-07-2025)
$11.11
Change
-$0.10 (-0.86%)

As at August 31, 2025

As at June 30, 2025

As at August 31, 2025

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

Legend

Mackenzie Private Equity Replication Fund Series A

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Fund Returns

Inception Return (December 17, 2020): 8.14%

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 3.57% 5.57% -3.04% -4.25% 1.32% 7.33% 9.17% 4.66% - - - - - -
Benchmark 4.96% 9.85% 14.09% 17.59% 25.86% 22.26% 17.49% 11.88% 14.98% 13.03% 11.75% 11.54% 11.06% 10.82%
Category Average 1.47% 7.27% 7.89% 9.46% 13.08% 14.88% 10.51% 6.80% 9.67% 8.27% - - - -
Category Rank 46 / 252 133 / 243 220 / 226 218 / 221 164 / 194 117 / 154 80 / 138 82 / 119 - - - - - -
Quartile Ranking 1 3 4 4 4 4 3 3 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug
Fund 1.01% 0.89% 6.13% -2.16% 3.20% -4.31% -5.02% -5.25% 2.06% 0.93% 0.99% 3.57%
Benchmark 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91% 1.69% 4.96%

Best Monthly Return Since Inception

7.57% (October 2022)

Worst Monthly Return Since Inception

-5.88% (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 - - - - - - 26.29% -7.25% 12.41% 15.73%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average - - - - - 5.11% 17.27% -5.96% 6.54% 16.58%
Quartile Ranking - - - - - - 2 3 2 3
Category Rank - - - - - - 27/ 101 77/ 124 56/ 142 91/ 164

Best Calendar Return (Last 10 years)

26.29% (2021)

Worst Calendar Return (Last 10 years)

-7.25% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 84.36
International Equity 8.10
Cash and Equivalents 7.51
Other 0.03

Sector Allocation

Sector Allocation
Name Percent
Technology 27.06
Financial Services 15.54
Industrial Services 13.80
Healthcare 9.51
Cash and Cash Equivalent 7.51
Other 26.58

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.86
Latin America 5.24
Europe 2.30
Africa and Middle East 0.47
Asia 0.09
Other 0.04

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 7.15
SPDR S&P 500 ETF Trust (SPY) 3.08
Dropbox Inc Cl A 3.03
Genpact Ltd 2.54
ACI Worldwide Inc 2.29
Box Inc Cl A 2.28
Tenet Healthcare Corp 2.20
Match Group Inc 1.97
Maximus Inc 1.81
S&P 500 E-mini Index Futures 1.81

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return51015202530354045-40%-20%0%20%40%60%

Mackenzie Private Equity Replication Fund Series A

Median

Other - Alternative Equity Focus

3 Yr Annualized

Standard Deviation 11.62% - -
Beta 0.75% - -
Alpha -0.03% - -
Rsquared 0.64% - -
Sharpe 0.47% - -
Sortino 0.89% - -
Treynor 0.07% - -
Tax Efficiency 84.38% - -
Volatility Volatility rating is 6 on a scale of 1 to 10 - -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 12.54% 11.62% - -
Beta 1.04% 0.75% - -
Alpha -0.23% -0.03% - -
Rsquared 0.73% 0.64% - -
Sharpe -0.08% 0.47% - -
Sortino -0.11% 0.89% - -
Treynor -0.01% 0.07% - -
Tax Efficiency - 84.38% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A7.17.149.449.40%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: A6.46.453.853.80%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: A7.17.143.543.50%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: A10.710.749.449.40%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.

Fund Details

Start Date December 17, 2020
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $139

Fund Codes

FundServ Code Load Code Sales Status
MFC8196

Investment Objectives

The Fund seeks to provide long-term capital appreciation and to replicate the long-term returns of diversified U.S. private equity investments by investing primarily in listed U.S. equity securities. The Fund may engage in cash borrowing, and/or use derivatives for hedging and investment purposes.

Investment Strategy

In order to achieve Fund’s investment objectives, the portfolio managers use a quantitative approach to stock selection, portfolio construction and transaction cost measurement. Stock selection is driven by proprietary quantitative models based on private equity buyout company characteristics, such as industry, valuation, quality, and leverage. The Fund invests mainly in mid-cap and small-cap U.S.-listed equity securities.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Nelson Arruda
  • Michael Kapler
Sub-Advisor

Mackenzie Investments Corp, Boston

  • Arup Datta
  • Haijie Chen

PEO Partners LLC

  • Randolph Cohen

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.66%
Management Fee 2.10%
Load Back Fee Only
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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