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Mackenzie Canadian Dividend Fund Series LB

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Canadian Div & Inc Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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
(08-08-2025) 		$12.18
Change
-$0.02 (-0.13%)

As at June 30, 2025

As at April 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Oct 2022Oct 2023Oct 2024Jul 2022Jan 2023Apr 2023Jul 2023Jan 2024Apr 2024Jul 2024Jan 2025Apr 2025Dec 2021Jul 2022Feb 2023Sep 2023Apr 2024Nov 2024Jun 2025Ju…$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie Canadian Dividend Fund Series LB

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Fund Returns

Inception Return (July 30, 2021): 8.08%

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 1.36% 4.91% 7.52% 7.52% 18.81% 12.71% 9.79% - - - - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 1.64% 6.00% 7.77% 7.77% 19.80% 13.60% 10.66% 8.51% 13.00% 9.10% 8.42% 8.01% 8.30% 7.64%
Category Rank 347 / 468 353 / 467 243 / 466 243 / 466 331 / 462 351 / 449 354 / 441 - - - - - - -
Quartile Ranking 3 4 3 3 3 4 4 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.30% 0.68% 3.04% -0.10% 3.87% -2.52% 2.75% 0.71% -0.96% -1.44% 5.01% 1.36%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

6.33% (November 2023)

Worst Monthly Return Since Inception

-6.72% (June 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 - - - - - - - -2.19% 5.64% 14.09%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.21% 17.48% 7.25% -7.75% 18.42% -1.18% 26.41% -3.72% 7.17% 15.51%
Quartile Ranking - - - - - - - 2 4 4
Category Rank - - - - - - - 178/ 432 377/ 444 362/ 453

Best Calendar Return (Last 10 years)

14.09% (2024)

Worst Calendar Return (Last 10 years)

-2.19% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 81.12
US Equity 11.17
Income Trust Units 3.60
International Equity 2.96
Cash and Equivalents 1.14
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Financial Services 32.56
Energy 16.25
Industrial Services 8.91
Basic Materials 8.41
Consumer Services 7.40
Other 26.47

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.23
Europe 1.99
Latin America 1.80
Asia 0.74
Multi-National 0.21
Other 0.03

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.33
Toronto-Dominion Bank 5.38
Canadian Natural Resources Ltd 3.70
Enbridge Inc 3.42
Bank of Montreal 3.27
Canadian Pacific Kansas City Ltd 3.20
Agnico Eagle Mines Ltd 2.94
Intact Financial Corp 2.73
Sun Life Financial Inc 2.58
TC Energy Corp 2.53

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 Return910111213141516-5%0%5%10%15%20%25%

Mackenzie Canadian Dividend Fund Series LB

Median

Other - Canadian Div & Inc Equity

3 Yr Annualized

Standard Deviation 11.13% - -
Beta 0.87% - -
Alpha -0.04% - -
Rsquared 0.95% - -
Sharpe 0.54% - -
Sortino 1.04% - -
Treynor 0.07% - -
Tax Efficiency - - -
Volatility Volatility rating is 6 on a scale of 1 to 10 - -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.80% 11.13% - -
Beta 0.79% 0.87% - -
Alpha -0.01% -0.04% - -
Rsquared 0.90% 0.95% - -
Sharpe 1.63% 0.54% - -
Sortino 4.23% 1.04% - -
Treynor 0.18% 0.07% - -
Tax Efficiency 95.54% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A79.8​79.869.6​69.60%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: A89.1​89.173.4​73.40%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: A81.5​81.569.2​69.20%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: A56.3​56.358.7​58.70%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 July 30, 2021
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $2,764

Fund Codes

FundServ Code Load Code Sales Status
MFC9191

Investment Objectives

The Fund seeks to achieve superior long-term investment returns through capital growth and dividend yield with below average risk by investing primarily in common and preferred shares of Canadian corporations. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.

Investment Strategy

The investment approach follows a disciplined investment process to construct a portfolio of attractively valued companies that combines above-average yield with the potential for growth. Stock selection is the primary contributor to value added, with attention paid to both upside potential and downside risk. Sector allocation is employed to manage overall portfolio risk.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Darren McKiernan
  • Adelaide Kim
  • Martin Downie
  • Tim Johal
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

Mackenzie Financial Corporation
Distributor

LBC Financial Services Inc.

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.40%
Management Fee 1.85%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 1.00%
Trailer Fee Max (LL) -

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