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Mackenzie Tax-Managed Global Equity Fund Series A

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Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(11-12-2025) 		$13.03
Change
$0.03 (0.23%)

As at October 31, 2025

As at August 31, 2025

As at October 31, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jul 2025Oct 2025Sep 2021May 2022Jan 2023Sep 2023May 2024Jan 2025Sep 2025Sep 2…$8,000$10,000$12,000$14,000$16,000Period

Legend

Mackenzie Tax-Managed Global Equity Fund Series A

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Fund Returns

Inception Return (July 14, 2021): 6.18%

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 1.09% 5.44% 13.36% 10.24% 13.72% 16.87% 14.34% 6.59% - - - - - -
Benchmark 2.78% 9.76% 23.30% 17.91% 23.32% 28.06% 22.53% 12.74% 15.64% 13.95% 13.79% 12.12% 12.86% 12.07%
Category Average 1.75% 6.90% 17.86% 13.80% 17.06% 22.40% 17.50% 8.57% 12.16% 10.70% 10.63% 9.16% 9.91% 9.14%
Category Rank 1,565 / 2,154 1,562 / 2,143 1,649 / 2,105 1,510 / 2,080 1,458 / 2,072 1,654 / 1,971 1,469 / 1,849 1,282 / 1,708 - - - - - -
Quartile Ranking 3 3 4 3 3 4 4 4 - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 3.17% -0.02% 4.88% 0.42% -3.46% -4.36% 3.86% 2.21% 1.28% 0.92% 3.35% 1.09%
Benchmark 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64% 2.87% 1.95% 4.75% 2.78%

Best Monthly Return Since Inception

7.43% (November 2022)

Worst Monthly Return Since Inception

-5.11% (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 - - - - - - - -10.87% 9.82% 17.74%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - 2 4 3
Category Rank - - - - - - - 609/ 1,719 1,626/ 1,858 1,392/ 1,972

Best Calendar Return (Last 10 years)

17.74% (2024)

Worst Calendar Return (Last 10 years)

-10.87% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 64.75
International Equity 31.46
Cash and Equivalents 3.80

Sector Allocation

Sector Allocation
Name Percent
Technology 26.47
Financial Services 15.52
Consumer Services 10.47
Healthcare 9.59
Consumer Goods 8.17
Other 29.78

Geographic Allocation

Geographic Allocation
Name Percent
North America 68.55
Europe 20.32
Asia 11.15

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 5.30
NVIDIA Corp 3.99
Cash and Cash Equivalents 3.80
Apple Inc 3.57
Amazon.com Inc 3.40
JPMorgan Chase & Co 2.99
Johnson & Johnson 2.58
Meta Platforms Inc Cl A 2.37
Abbvie Inc 2.35
Taiwan Semiconductor Manufactrg Co Ltd - ADR 2.11

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 Return246810121416182022240%10%20%30%40%50%

Mackenzie Tax-Managed Global Equity Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 9.19% - -
Beta 0.83% - -
Alpha -0.03% - -
Rsquared 0.84% - -
Sharpe 1.08% - -
Sortino 2.11% - -
Treynor 0.12% - -
Tax Efficiency 100.00% - -
Volatility 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 9.62% 9.19% - -
Beta 0.83% 0.83% - -
Alpha -0.05% -0.03% - -
Rsquared 0.87% 0.84% - -
Sharpe 1.10% 1.08% - -
Sortino 1.75% 2.11% - -
Treynor 0.13% 0.12% - -
Tax Efficiency 100.00% 100.00% - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A84.5​84.551.1​51.10%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: A86.3​86.352.2​52.20%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: A82.4​82.449.5​49.50%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: A82.4​82.455.8​55.80%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.

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Fund Details

Start Date July 14, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $7

Fund Codes

FundServ Code Load Code Sales Status
MFC8310
MFC8311

Investment Objectives

The Fund seeks capital growth over the longer term by investing primarily in a broad range of global equity securities. The Fund will aim, through the application of a tax overlay strategy, to reduce taxable distributions. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of votes cast at meeting of Fund investors called for that purpose.

Investment Strategy

The investment approach follows a disciplined investment process to construct a portfolio of attractively valued companies with the potential for growth. Stock selection is expected to be the primary contributor to value added, with attention paid to both the upside potential of each company as well as downside risk. Sector allocation is also employed to manage overall portfolio diversification.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Katherine Owen
  • Darren McKiernan
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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.59%
Management Fee 2.00%
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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