Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Mackenzie Bluewater US Growth Fund Series A

  • Premium Feature Only
Add to My Watchlist

U.S. Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(06-13-2025) 		$36.08
Change
-$0.54 (-1.46%)

As at May 31, 2025

As at March 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jan 2007Jan 20…Jan 2008Jan 2009Jan 2010Jan 2011Jan 2012Jan 2013Jan 2014Jan 2015Jan 2016Jan 2017Jan 2018Jan 2019Jan 2020Jan 2021Jan 2022Jan 2023Jan 2024Jan 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024$0$10,000$20,000$30,000$40,000$50,000$60,000$8,000$12,000$14,000$16,000Period

Legend

Mackenzie Bluewater US Growth Fund Series A

Compare Options

Fund Returns

Inception Return (November 10, 2006): 8.95%

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 3.27% -4.82% -4.68% -2.13% 8.42% 11.83% 10.65% 6.94% 9.48% 9.81% 10.07% 10.16% 10.78% 8.86%
Benchmark 5.88% -5.07% -3.12% -3.37% 14.53% 21.32% 17.67% 14.22% 15.90% 15.75% 14.67% 14.04% 14.79% 14.00%
Category Average 5.26% -4.85% -5.13% -3.50% 9.43% 16.98% 12.94% 9.20% 12.41% 11.86% 10.74% 10.50% 11.05% 10.02%
Category Rank 1,124 / 1,332 517 / 1,310 656 / 1,297 381 / 1,298 814 / 1,274 1,076 / 1,208 906 / 1,157 879 / 1,081 901 / 1,019 752 / 952 616 / 874 518 / 814 463 / 738 481 / 650
Quartile Ranking 4 2 3 2 3 4 4 4 4 4 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.98% 1.80% 1.20% 1.08% -0.09% 6.17% -2.61% 4.88% -1.95% -4.64% -3.34% 3.27%
Benchmark 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57% 5.88%

Best Monthly Return Since Inception

10.29% (July 2022)

Worst Monthly Return Since Inception

-12.36% (September 2008)

Calendar Return (%)

Created with Highcharts 10.3.3-40%-20%0%20%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 13.62% -4.17% 13.26% 4.48% 25.09% 18.98% 28.95% -18.93% 13.15% 18.16%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking 3 4 3 1 2 2 1 3 4 4
Category Rank 397/ 634 649/ 682 423/ 759 185/ 844 394/ 916 326/ 991 121/ 1,056 738/ 1,107 968/ 1,170 1,104/ 1,256

Best Calendar Return (Last 10 years)

28.95% (2021)

Worst Calendar Return (Last 10 years)

-18.93% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 77.51
International Equity 19.53
Canadian Equity 2.18
Cash and Equivalents 0.77
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 25.25
Healthcare 16.48
Financial Services 14.40
Industrial Goods 13.78
Industrial Services 9.62
Other 20.47

Geographic Allocation

Geographic Allocation
Name Percent
North America 80.46
Europe 19.54

Top Holdings

Top Holdings
Name Percent
Aon PLC Cl A 5.63
Roper Technologies Inc 5.35
Apple Inc 5.11
Microsoft Corp 4.97
Verisk Analytics Inc 4.25
Amazon.com Inc 4.03
Stryker Corp 4.00
Linde PLC 3.63
Alcon AG 3.54
Copart Inc 3.34

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 Return810121416182022242628-5%0%5%10%15%20%25%30%

Mackenzie Bluewater US Growth Fund Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.68% 14.52% 13.84%
Beta 0.91% 1.00% 0.98%
Alpha -0.05% -0.06% -0.04%
Rsquared 0.87% 0.85% 0.85%
Sharpe 0.52% 0.53% 0.56%
Sortino 1.02% 0.75% 0.70%
Treynor 0.08% 0.08% 0.08%
Tax Efficiency 97.29% 94.84% 91.18%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 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 11.64% 13.68% 14.52% 13.84%
Beta 0.80% 0.91% 1.00% 0.98%
Alpha -0.03% -0.05% -0.06% -0.04%
Rsquared 0.84% 0.87% 0.85% 0.85%
Sharpe 0.45% 0.52% 0.53% 0.56%
Sortino 0.81% 1.02% 0.75% 0.70%
Treynor 0.06% 0.08% 0.08% 0.08%
Tax Efficiency 90.93% 97.29% 94.84% 91.18%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A22.3​22.361.7​61.70%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: A30.2​30.262.5​62.50%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: A16.4​16.455.5​55.50%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: A18.7​18.764.9​64.90%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 November 10, 2006
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $773

Fund Codes

FundServ Code Load Code Sales Status
MFC8549
MFC8550
MFC8553

Investment Objectives

The Fund pursues long-term capital growth by investing primarily in equity securities of U.S. companies.

Investment Strategy

The investment approach follows a company-focused investment style, seeking companies with strong management, good growth prospects and a solid financial position. Emphasis is placed on paying reasonable prices for the free cash flow growth that companies in the portfolio are expected to achieve. The Fund may hold cash and/or short-term debt securities in anticipation of, or in response to, unfavourable market conditions; and/or for liquidity purposes.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • David Arpin
  • Dina DeGeer
  • Tyler Hewlett
  • Shah Khan
  • David Taylor
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 2.52%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info