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Mackenzie Bluewater Global Growth Fund Series LB

Global 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)
$31.11
Change
-$0.51 (-1.60%)

As at May 31, 2025

As at March 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 2013Jan 2015Jan 2017Jan 2019Jan 2021Jan 2023Jan 2025Jan …$10,000$9,000$11,000$12,000$13,000$14,000$15,000Period

Legend

Mackenzie Bluewater Global Growth Fund Series LB

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Fund Returns

Inception Return (January 23, 2012): 10.45%

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 2.90% -4.04% -2.77% -0.67% 5.97% 9.45% 9.30% 4.34% 7.69% 7.93% 7.73% 8.24% 9.18% 7.72%
Benchmark 5.37% -2.04% 0.91% 0.76% 14.46% 18.99% 15.33% 10.43% 13.24% 12.16% 10.74% 10.38% 11.55% 10.33%
Category Average 5.09% -1.64% 0.15% 1.47% 10.88% 14.99% 11.56% 7.12% 10.59% 9.58% 8.35% 7.99% 8.85% 7.69%
Category Rank 1,916 / 2,128 1,722 / 2,110 1,801 / 2,100 1,532 / 2,102 1,790 / 2,040 1,777 / 1,911 1,580 / 1,801 1,484 / 1,638 1,346 / 1,487 1,158 / 1,426 844 / 1,238 544 / 1,103 482 / 971 479 / 797
Quartile Ranking 4 4 4 3 4 4 4 4 4 4 3 2 2 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.24% 1.20% 1.03% 0.76% -1.11% 4.65% -2.12% 5.48% -1.87% -4.26% -2.59% 2.90%
Benchmark 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37%

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/ 762 872/ 887 150/ 1,040 300/ 1,187 371/ 1,382 271/ 1,464 144/ 1,581 1,518/ 1,733 1,287/ 1,881 1,699/ 1,998

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 59.70
International Equity 35.49
Canadian Equity 3.97
Cash and Equivalents 0.84

Sector Allocation

Sector Allocation
Name Percent
Technology 19.74
Industrial Services 16.84
Healthcare 14.41
Financial Services 11.27
Industrial Goods 11.13
Other 26.61

Geographic Allocation

Geographic Allocation
Name Percent
North America 64.52
Europe 35.47
Other 0.01

Top Holdings

Top Holdings
Name Percent
Aon PLC Cl A 4.40
Roper Technologies Inc 4.10
Waste Connections Inc 3.97
Apple Inc 3.92
Microsoft Corp 3.81
Alcon AG 3.79
Compass Group PLC 3.75
Verisk Analytics Inc 3.11
Relx PLC 3.11
Stryker Corp 3.03

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 Return68101214161820222426-20%-10%0%10%20%30%40%

Mackenzie Bluewater Global Growth Fund Series LB

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 14.03% 14.48% 13.38%
Beta 1.06% 1.10% 1.02%
Alpha -0.06% -0.06% -0.02%
Rsquared 0.87% 0.82% 0.83%
Sharpe 0.42% 0.41% 0.50%
Sortino 0.84% 0.56% 0.58%
Treynor 0.06% 0.05% 0.06%
Tax Efficiency 99.36% 97.18% 92.48%
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 10.38% 14.03% 14.48% 13.38%
Beta 0.92% 1.06% 1.10% 1.02%
Alpha -0.07% -0.06% -0.06% -0.02%
Rsquared 0.81% 0.87% 0.82% 0.83%
Sharpe 0.27% 0.42% 0.41% 0.50%
Sortino 0.52% 0.84% 0.56% 0.58%
Treynor 0.03% 0.06% 0.05% 0.06%
Tax Efficiency 97.34% 99.36% 97.18% 92.48%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A14.114.151.151.10%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: A25.425.451.851.80%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: A10.410.450.650.60%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: A10.210.252.252.20%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.

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) $934

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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