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Global Neutral Balanced
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2024
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|
NAVPS (06-13-2025) |
$10.26 |
|---|---|
| Change |
-$0.09
(-0.89%)
|
As at May 31, 2025
As at March 31, 2025
Inception Return (November 04, 2021): 3.50%
| 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 | 2.03% | -0.44% | -0.13% | 2.81% | 10.38% | 13.58% | 9.37% | - | - | - | - | - | - | - |
| Benchmark | 2.47% | -1.84% | 0.98% | 0.80% | 11.81% | 12.20% | 10.05% | 5.83% | 6.31% | 6.62% | 6.42% | 6.01% | 6.79% | 6.61% |
| Category Average | 2.61% | -0.83% | 0.46% | 1.76% | 9.03% | 10.05% | 6.90% | 4.09% | 6.21% | 5.55% | 5.13% | 4.79% | 5.31% | 4.62% |
| Category Rank | 1,417 / 1,812 | 497 / 1,769 | 1,313 / 1,763 | 247 / 1,768 | 537 / 1,742 | 114 / 1,667 | 198 / 1,621 | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 2 | 3 | 1 | 2 | 1 | 1 | - | - | - | - | - | - | - |
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.58% | 1.61% | 0.50% | 1.35% | 0.27% | 5.88% | -2.87% | 3.33% | -0.06% | -0.70% | -1.73% | 2.03% |
| Benchmark | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% | 2.47% |
5.88% (November 2024)
-7.25% (June 2022)
| Return % | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | -15.13% | 13.41% | 16.93% |
| Benchmark | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% |
| Category Average | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 1 | 1 |
| Category Rank | - | - | - | - | - | - | - | 1,455/ 1,555 | 86/ 1,661 | 181/ 1,714 |
16.93% (2024)
-15.13% (2022)
| Name | Percent |
|---|---|
| US Equity | 35.47 |
| Foreign Corporate Bonds | 20.20 |
| Cash and Equivalents | 18.66 |
| International Equity | 18.03 |
| Commodities | 3.97 |
| Other | 3.67 |
| Name | Percent |
|---|---|
| Fixed Income | 20.20 |
| Cash and Cash Equivalent | 18.66 |
| Financial Services | 9.34 |
| Technology | 8.82 |
| Healthcare | 8.35 |
| Other | 34.63 |
| Name | Percent |
|---|---|
| North America | 77.82 |
| Europe | 8.39 |
| Asia | 6.22 |
| Multi-National | 2.90 |
| Latin America | 0.42 |
| Other | 4.25 |
| Name | Percent |
|---|---|
| Mackenzie World Low Volatility ETF (MWLV) | 53.05 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 21.92 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 17.96 |
| CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 2.97 |
| Mackenzie Enhanced Equity Risk Premia Fund Series R | 2.85 |
| CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 1.00 |
| Cash and Cash Equivalents | 0.27 |
Mackenzie Enhanced Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.09% | - | - |
|---|---|---|---|
| Beta | 1.08% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.80% | - | - |
| Sharpe | 0.55% | - | - |
| Sortino | 1.02% | - | - |
| Treynor | 0.05% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.95% | 10.09% | - | - |
| Beta | 0.91% | 1.08% | - | - |
| Alpha | 0.00% | -0.01% | - | - |
| Rsquared | 0.55% | 0.80% | - | - |
| Sharpe | 0.84% | 0.55% | - | - |
| Sortino | 1.88% | 1.02% | - | - |
| Treynor | 0.07% | 0.05% | - | - |
| Tax Efficiency | 79.94% | - | - | - |
| Start Date | November 04, 2021 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $5 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC9337 | ||
| MFC9338 | ||
| MFC9339 |
The Fund seeks to provide capital growth and generate current income with reduced volatility by investing primarily in a combination of equity and fixed-income securities of issuers located anywhere in the world. The Fund will invest in a manner that aims to enhance the diversification of its investments. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.
Currently, the Fund invests in Mackenzie Maximum Diversification and Anti-Benchmark Funds and ETFs (“Mackenzie TOBAM Funds”) as well as third-party funds. The Fund and underlying funds aim to enhance the diversification of the Fund and gain exposure to Canadian and foreign fixed-income and equity securities, as well as cryptocurrencies. The strategic long-term asset mix may change in reaction to, or anticipation of, market changes.
| Portfolio Manager |
Mackenzie Financial Corporation |
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
- |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.19% |
|---|---|
| Management Fee | 1.60% |
| 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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