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Mackenzie Betterworld Canadian Equity Fund Series A

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Canadian 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
(05-21-2025) 		$11.78
Change
-$0.13 (-1.06%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Oct 2021Jan 2022Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$7,000$8,000$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie Betterworld Canadian Equity Fund Series A

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Fund Returns

Inception Return (September 09, 2021): 3.24%

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 0.98% -3.23% 2.98% 0.31% 19.09% 10.47% 7.78% - - - - - - -
Benchmark -0.10% -2.00% 4.34% 1.41% 17.85% 13.20% 9.57% 10.07% 14.37% 10.31% 10.21% 9.29% 9.91% 8.27%
Category Average 0.23% -1.84% 3.11% 0.90% 14.34% 10.68% 7.88% 8.62% 12.76% 8.73% 8.40% 7.51% 8.11% 6.76%
Category Rank 153 / 750 625 / 747 464 / 745 471 / 745 133 / 724 492 / 704 463 / 671 - - - - - - -
Quartile Ranking 1 4 3 3 1 3 3 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.14% 1.50% 5.75% 1.58% 4.13% -0.29% 5.82% -2.98% 3.65% -0.24% -3.94% 0.98%
Benchmark 2.77% -1.42% 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10%

Best Monthly Return Since Inception

9.64% (November 2023)

Worst Monthly Return Since Inception

-7.33% (April 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 - - - - - - - -13.22% 7.58% 20.86%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - - - - - - - 4 4 2
Category Rank - - - - - - - 629/ 655 609/ 693 183/ 720

Best Calendar Return (Last 10 years)

20.86% (2024)

Worst Calendar Return (Last 10 years)

-13.22% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 94.19
Income Trust Units 4.07
Cash and Equivalents 1.74

Sector Allocation

Sector Allocation
Name Percent
Financial Services 36.29
Basic Materials 13.95
Technology 13.49
Industrial Services 10.46
Real Estate 6.76
Other 19.05

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.77
Shopify Inc Cl A 5.57
Brookfield Corp Cl A 4.70
Bank of Montreal 4.66
Agnico Eagle Mines Ltd 4.60
Canadian Pacific Kansas City Ltd 4.24
Canadian Imperial Bank of Commerce 3.71
Manulife Financial Corp 3.69
Wheaton Precious Metals Corp 3.63
Waste Connections Inc 3.26

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 Return5678910111213141516171819200%5%10%15%20%25%

Mackenzie Betterworld Canadian Equity Fund Series A

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.63% - -
Beta 0.95% - -
Alpha -0.01% - -
Rsquared 0.88% - -
Sharpe 0.33% - -
Sortino 0.64% - -
Treynor 0.05% - -
Tax Efficiency - - -
Volatility Volatility rating is 7 on a scale of 1 to 10 - -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.69% 13.63% - -
Beta 0.94% 0.95% - -
Alpha 0.02% -0.01% - -
Rsquared 0.82% 0.88% - -
Sharpe 1.35% 0.33% - -
Sortino 2.83% 0.64% - -
Treynor 0.15% 0.05% - -
Tax Efficiency 100.00% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.6​80.647.3​47.30%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: A74.5​74.550.5​50.50%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: A71.5​71.544.2​44.20%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: A82.7​82.743.4​43.40%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.

View the full methodology

Fund Details

Start Date September 09, 2021
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $16

Fund Codes

FundServ Code Load Code Sales Status
MFC8357
MFC8358
MFC8359

Investment Objectives

The Fund seeks to provide long-term capital appreciation by investing primarily in Canadian equity securities of companies that are considered to have progressive ESG practices. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.

Investment Strategy

The investment approach follows a fundamental investment analysis to identify, select and monitor investments. The Fund will integrate bottom-up security analysis with proprietary ESG analysis to make investment decisions while focusing on traditional financial metrics. The Fund is a Sustainable Solution that is considered a sustainable core fund.

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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.50%
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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