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Mackenzie Bluewater Global Growth Fund Series LB

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Global Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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
(05-29-2025) 		$31.96
Change
-$0.02 (-0.05%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2023Jan 2024Jan 2025Apr 2022Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025J…$10,000$8,000$9,000$11,000$12,000$13,000Period

Legend

Mackenzie Bluewater Global Growth Fund Series LB

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Fund Returns

Inception Return (January 23, 2012): 10.28%

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 -2.59% -8.48% -1.12% -3.47% 5.85% 7.50% 7.22% 3.44% 8.16% 6.84% 7.54% 8.28% 9.32% 7.84%
Benchmark -2.97% -7.99% 0.02% -4.37% 12.05% 15.36% 12.95% 8.94% 12.87% 10.21% 10.09% 9.79% 11.46% 10.10%
Category Average -2.36% -7.61% -0.68% -3.44% 8.76% 11.25% 9.41% 5.89% 10.36% 7.80% 7.70% 7.48% 8.67% 7.40%
Category Rank 891 / 2,116 1,078 / 2,104 1,163 / 2,093 896 / 2,102 1,520 / 2,032 1,665 / 1,908 1,534 / 1,773 1,439 / 1,618 1,263 / 1,483 1,060 / 1,425 745 / 1,229 391 / 1,077 438 / 928 423 / 799
Quartile Ranking 2 3 3 2 3 4 4 4 4 3 3 2 2 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.78% 2.24% 1.20% 1.03% 0.76% -1.11% 4.65% -2.12% 5.48% -1.87% -4.26% -2.59%
Benchmark 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97%

Best Monthly Return Since Inception

9.59% (November 2022)

Worst Monthly Return Since Inception

-12.12% (January 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 18.10% -5.93% 20.28% -0.99% 22.94% 19.10% 22.98% -21.23% 12.90% 13.98%
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 2 4 1 2 2 1 1 4 3 4
Category Rank 278/ 764 874/ 889 150/ 1,043 300/ 1,190 371/ 1,385 271/ 1,467 144/ 1,584 1,521/ 1,736 1,290/ 1,884 1,702/ 2,001

Best Calendar Return (Last 10 years)

22.98% (2021)

Worst Calendar Return (Last 10 years)

-21.23% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 59.43
International Equity 36.19
Canadian Equity 3.70
Cash and Equivalents 0.68

Sector Allocation

Sector Allocation
Name Percent
Technology 21.94
Industrial Services 15.77
Healthcare 14.31
Financial Services 11.21
Industrial Goods 10.58
Other 26.19

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.81
Europe 36.19

Top Holdings

Top Holdings
Name Percent
Aon PLC Cl A 4.33
Apple Inc 4.09
Roper Technologies Inc 3.90
Microsoft Corp 3.86
Compass Group PLC 3.81
Waste Connections Inc 3.70
Alcon AG 3.54
Stryker Corp 3.01
Verisk Analytics Inc 2.98
Relx PLC 2.86

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 Return681012141618202224-20%-10%0%10%20%30%

Mackenzie Bluewater Global Growth Fund Series LB

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.13% 14.58% 13.41%
Beta 1.08% 1.12% 1.03%
Alpha -0.06% -0.05% -0.02%
Rsquared 0.88% 0.83% 0.83%
Sharpe 0.29% 0.45% 0.50%
Sortino 0.59% 0.60% 0.59%
Treynor 0.04% 0.06% 0.07%
Tax Efficiency 99.18% 94.49% 92.39%
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 7 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 10.35% 14.13% 14.58% 13.41%
Beta 1.01% 1.08% 1.12% 1.03%
Alpha -0.06% -0.06% -0.05% -0.02%
Rsquared 0.84% 0.88% 0.83% 0.83%
Sharpe 0.24% 0.29% 0.45% 0.50%
Sortino 0.50% 0.59% 0.60% 0.59%
Treynor 0.02% 0.04% 0.06% 0.07%
Tax Efficiency 97.22% 99.18% 94.49% 92.39%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A43.9​43.958.3​58.30%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: A63.3​63.359.5​59.50%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: A41.1​41.157.7​57.70%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: A28.1​28.156.6​56.60%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 January 23, 2012
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $915

Fund Codes

FundServ Code Load Code Sales Status
MFC8392

Investment Objectives

The Fund seeks capital growth over the longer term by investing primarily in a broad range of global equity securities. The Fund primarily invests in developed markets but, from time to time, may invest in emerging markets. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of votes cast at meeting of Fund investors called for that purpose.

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 follows an ESG-Integrated approach, as further described under the heading “Sustainable Investing at Mackenzie”.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • David Arpin
  • Dina DeGeer
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 No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.62%
Management Fee 2.00%
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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