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Mackenzie Bluewater US Growth Fund Series A

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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
(05-30-2025) 		$36.91
Change
-$0.01 (-0.04%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 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$9,000$11,000$12,000$13,000$14,000$15,000Period

Legend

Mackenzie Bluewater US Growth Fund Series A

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Fund Returns

Inception Return (November 10, 2006): 8.80%

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 -3.34% -9.63% -2.00% -5.22% 7.53% 10.10% 8.64% 5.57% 9.82% 8.78% 9.90% 10.09% 11.04% 9.15%
Benchmark -4.57% -11.79% -2.47% -8.73% 12.63% 18.27% 15.08% 12.30% 15.44% 13.55% 14.27% 13.26% 14.84% 13.85%
Category Average -3.76% -11.90% -4.21% -8.32% 7.65% 13.97% 10.67% 7.68% 12.29% 9.92% 10.29% 9.82% 10.95% 9.80%
Category Rank 469 / 1,318 320 / 1,309 278 / 1,300 227 / 1,301 750 / 1,271 1,018 / 1,202 898 / 1,145 875 / 1,077 895 / 1,017 715 / 952 575 / 864 455 / 796 438 / 713 448 / 647
Quartile Ranking 2 1 1 1 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 % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.41% 2.98% 1.80% 1.20% 1.08% -0.09% 6.17% -2.61% 4.88% -1.95% -4.64% -3.34%
Benchmark 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57%

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 399/ 636 651/ 684 425/ 761 185/ 846 394/ 918 327/ 993 121/ 1,058 740/ 1,109 970/ 1,172 1,106/ 1,258

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 76.18
International Equity 20.43
Canadian Equity 2.01
Cash and Equivalents 1.39
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 27.74
Healthcare 16.02
Financial Services 14.21
Industrial Goods 12.92
Industrial Services 8.59
Other 20.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.58
Europe 20.44
Other -0.02

Top Holdings

Top Holdings
Name Percent
Aon PLC Cl A 5.46
Apple Inc 5.27
Roper Technologies Inc 5.02
Microsoft Corp 4.97
Amazon.com Inc 4.26
Verisk Analytics Inc 4.01
Stryker Corp 3.93
Linde PLC 3.45
Gartner Inc 3.39
Progressive Corp 3.29

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

Mackenzie Bluewater US Growth Fund Series A

Median

Other - U.S. Equity

3 Yr Annualized

Standard Deviation 13.73% 14.60% 13.92%
Beta 0.92% 1.01% 0.99%
Alpha -0.05% -0.05% -0.04%
Rsquared 0.88% 0.86% 0.85%
Sharpe 0.39% 0.55% 0.58%
Sortino 0.77% 0.78% 0.73%
Treynor 0.06% 0.08% 0.08%
Tax Efficiency 96.68% 89.48% 91.16%
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 11.47% 13.73% 14.60% 13.92%
Beta 0.83% 0.92% 1.01% 0.99%
Alpha -0.03% -0.05% -0.05% -0.04%
Rsquared 0.84% 0.88% 0.86% 0.85%
Sharpe 0.36% 0.39% 0.55% 0.58%
Sortino 0.69% 0.77% 0.78% 0.73%
Treynor 0.05% 0.06% 0.08% 0.08%
Tax Efficiency 89.75% 96.68% 89.48% 91.16%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.7​46.756.7​56.70%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: A60.9​60.961.2​61.20%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: A40.5​40.551.4​51.40%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: A32.8​32.858.9​58.90%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) $755

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) -

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