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Mackenzie Ivy Foreign Equity Currency Neutral Fund Series A

Global Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(01-17-2025)
$20.67
Change
$0.07 (0.33%)

As at December 31, 2024

As at October 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

Mackenzie Ivy Foreign Equity Currency Neutral Fund Series A

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Fund Returns

Inception Return (August 27, 2007): 5.46%

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 -2.74% -0.58% 5.95% 13.78% 13.78% 12.55% 3.73% 5.37% 6.73% 7.61% 5.98% 5.83% 5.68% 5.32%
Benchmark 0.14% 5.31% 11.04% 26.84% 26.84% 23.05% 9.77% 11.68% 11.98% 13.50% 11.17% 11.80% 11.05% 11.62%
Category Average -1.30% 2.76% 7.90% 20.13% 20.13% 17.58% 5.99% 8.46% 9.10% 10.84% 8.36% 9.08% 8.49% 8.54%
Category Rank 1,923 / 2,113 1,836 / 2,095 1,637 / 2,068 1,729 / 2,012 1,729 / 2,012 1,699 / 1,895 1,431 / 1,744 1,444 / 1,589 1,315 / 1,469 1,279 / 1,387 1,049 / 1,187 960 / 1,040 829 / 882 715 / 758
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -3.3914 to 5.6394.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 2.07% 2.79% 1.70% -3.39% 2.41% 1.73% 2.74% 3.08% 0.62% -1.21% 3.48% -2.74%
Benchmark 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14%

Best Monthly Return Since Inception

6.86% (November 2020)

Worst Monthly Return Since Inception

-10.14% (October 2008)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -12.63521 to 26.836439.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 2.14% 4.50% 4.78% -3.30% 12.12% 12.34% 10.45% -11.90% 11.33% 13.78%
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 4 2 4 2 4 2 4 2 4 4
Category Rank 666/ 758 395/ 882 992/ 1,040 429/ 1,187 1,264/ 1,387 697/ 1,469 1,430/ 1,589 735/ 1,744 1,534/ 1,895 1,729/ 2,012

Best Calendar Return (Last 10 years)

13.78% (2024)

Worst Calendar Return (Last 10 years)

-11.90% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 57.98
International Equity 33.05
Cash and Equivalents 6.00
Canadian Equity 2.98
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 18.58
Financial Services 17.85
Healthcare 16.93
Consumer Services 12.20
Consumer Goods 11.76
Other 22.68

Geographic Allocation

Geographic Allocation
Name Percent
North America 66.95
Europe 28.91
Asia 4.14

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 6.87
Berkshire Hathaway Inc Cl B 3.84
Alphabet Inc Cl A 3.68
Johnson & Johnson 3.32
Automatic Data Processing Inc 3.25
Compass Group PLC 3.08
Abbott Laboratories 3.01
Brookfield Corp Cl A 2.98
Industria de Diseno Textil SA 2.98
W W Grainger Inc 2.97

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)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 6.4979 to 27.1788.
The chart has 1 Y axis displaying Return. Data ranges from -19.60723 to 19.615918.
End of interactive chart.

Mackenzie Ivy Foreign Equity Currency Neutral Fund Series A

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 11.36% 11.52% 9.43%
Beta 0.82% 0.80% 0.67%
Alpha -0.04% -0.03% -0.02%
Rsquared 0.85% 0.83% 0.71%
Sharpe 0.06% 0.42% 0.42%
Sortino 0.17% 0.54% 0.40%
Treynor 0.01% 0.06% 0.06%
Tax Efficiency 95.15% 85.64% 85.45%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 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 8.03% 11.36% 11.52% 9.43%
Beta 0.82% 0.82% 0.80% 0.67%
Alpha -0.07% -0.04% -0.03% -0.02%
Rsquared 0.53% 0.85% 0.83% 0.71%
Sharpe 1.11% 0.06% 0.42% 0.42%
Sortino 2.08% 0.17% 0.54% 0.40%
Treynor 0.11% 0.01% 0.06% 0.06%
Tax Efficiency 95.84% 95.15% 85.64% 85.45%

Fundata ESG Metrics

Fundata ESG Score

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 56.509654 to 68.83198.
End of interactive chart.

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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 57.909141 to 70.331043.
End of interactive chart.

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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 56.081116 to 72.767021.
End of interactive chart.

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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 54.308934 to 69.050593.
End of interactive chart.

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.

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Fund Details

Start Date August 27, 2007
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $327

Fund Codes

FundServ Code Load Code Sales Status
MFC8480
MFC8485
MFC8486

Investment Objectives

The Fund pursues long-term capital growth, consistent with protection of capital. The Fund’s investments are not limited geographically, but generally do not include investments in emerging markets. Securities of U.S. companies will usually form the largest percentage of assets from any geographic area within the Fund’s portfolio. The Fund seeks to eliminate substantially all of its foreign currency exposure.

Investment Strategy

The investment approach follows a blended growth and value investment style, by seeking companies having the greatest prospects for long-term growth. Strong consideration is also placed on assessing the investment’s intrinsic worth relative to its stock price. The review process includes analysis of the company’s competitive position, management strengths, expected profitability and financial position.

Portfolio Manager(s)

Name Start Date
Adam Gofton 01-01-2020
Paul Musson 08-01-2021
Hussein Sunderji 08-01-2021
Jason Miller 01-01-2022

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor KPMG LLP

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 2.53%
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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