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Mackenzie US Small-Mid Cap Growth Currency Neutral Fund Series A

U.S. Small/Mid Cap Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade E

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-19-2024)
$26.14
Change
$0.05 (0.18%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

Mackenzie US Small-Mid Cap Growth Currency Neutral Fund Series A

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Fund Returns

Inception Return (March 06, 2006): 7.83%

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 2.09% 4.60% 13.63% 4.60% 10.21% -5.91% -2.63% 10.79% 3.11% 5.16% 6.04% 7.60% 5.77% 5.84%
Benchmark 4.69% 11.45% 22.05% 11.45% 22.35% 9.71% 7.22% 18.59% 9.81% 9.62% 9.28% 11.02% 8.80% 10.51%
Category Average 2.79% 19.08% 19.08% 7.97% 16.44% 3.91% 3.62% 14.47% 6.08% 5.45% 5.63% 7.03% 5.68% 6.71%
Category Rank 222 / 282 256 / 281 272 / 281 256 / 281 240 / 277 263 / 264 256 / 257 188 / 217 182 / 199 147 / 186 99 / 166 96 / 163 90 / 145 118 / 131
Quartile Ranking 4 4 4 4 4 4 4 4 4 4 3 3 3 4

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -1.37% -2.16% 6.73% 2.45% -3.92% -4.34% -6.96% 8.22% 7.90% -0.92% 3.42% 2.09%
Benchmark -0.66% -2.53% 6.21% 3.66% -0.56% -5.43% -3.48% 6.78% 6.26% -0.78% 7.29% 4.69%

Best Monthly Return Since Inception

13.61% (November 2020)

Worst Monthly Return Since Inception

-22.49% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.75% -8.04% 14.65% 16.15% 1.95% 24.37% 8.46% 17.61% -24.35% 7.50%
Benchmark 18.40% 11.76% 14.08% 8.66% -2.87% 21.65% 11.78% 20.00% -11.77% 13.76%
Category Average 10.57% 6.25% 9.80% 10.84% -7.63% 15.90% 4.61% 23.16% -17.30% 11.64%
Quartile Ranking 4 4 2 1 2 1 3 4 4 3
Category Rank 112/ 129 141/ 143 42/ 162 23/ 166 79/ 186 36/ 197 131/ 213 222/ 257 236/ 259 207/ 277

Best Calendar Return (Last 10 years)

24.37% (2019)

Worst Calendar Return (Last 10 years)

-24.35% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 97.34
Cash and Equivalents 2.66

Sector Allocation

Sector Allocation
Name Percent
Technology 36.33
Healthcare 23.03
Industrial Services 10.98
Industrial Goods 9.26
Consumer Services 8.03
Other 12.37

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
iRhythm Technologies Inc 5.43
Verra Mobility Corp Cl A 5.35
Akamai Technologies Inc 5.19
Westinghouse Air Brake Techs Corp 5.15
Commvault Systems Inc 5.01
Maximus Inc 4.99
Tenable Holdings Inc 4.74
Exlservice Holdings Inc 4.72
Cirrus Logic Inc 4.20
Markel Corp 4.19

Equity Style

Market capitalization is medium. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie US Small-Mid Cap Growth Currency Neutral Fund Series A

Median

Other - U.S. Small/Mid Cap Equity

3 Yr Annualized

Standard Deviation 17.28% 20.39% 16.95%
Beta 0.91% 1.02% 0.90%
Alpha -0.09% -0.06% -0.03%
Rsquared 0.77% 0.85% 0.74%
Sharpe -0.22% 0.16% 0.34%
Sortino -0.33% 0.15% 0.34%
Treynor -0.04% 0.03% 0.06%
Tax Efficiency - 43.25% 77.23%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 17.38% 17.28% 20.39% 16.95%
Beta 1.02% 0.91% 1.02% 0.90%
Alpha -0.11% -0.09% -0.06% -0.03%
Rsquared 0.84% 0.77% 0.85% 0.74%
Sharpe 0.37% -0.22% 0.16% 0.34%
Sortino 0.81% -0.33% 0.15% 0.34%
Treynor 0.06% -0.04% 0.03% 0.06%
Tax Efficiency 100.00% - 43.25% 77.23%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date March 06, 2006
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $344

Fund Codes

FundServ Code Load Code Sales Status
MFC8593
MFC8599
MFC8600
MFC8617

Investment Objectives

The Fund seeks long-term growth of capital and a reasonable rate of return by investing primarily in U.S. equity securities. The Fund may also invest, from time to time, in equity securities of companies based outside of North America and in fixed-income securities of U.S. and Canadian corporations and government bodies. The Fund seeks to eliminate substantially all of its foreign currency exposure.

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 also placed on paying reasonable prices for the growth that companies in the portfolio are expected to achieve. Most of the companies in the Fund will be small- to mid-capitalization companies.

Portfolio Manager(s)

Name Start Date
Sonny Aggarwal 08-03-2021
Philip Taller 08-03-2021

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte 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 2.54%
Management Fee 2.00%
Load Choice of Front or Back
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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