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Global Neutral Balanced
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2024
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|
NAVPS (05-30-2025) |
$10.34 |
|---|---|
| Change |
-$0.01
(-0.11%)
|
As at April 30, 2025
As at February 28, 2025
Inception Return (November 04, 2021): 2.99%
| 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 | -1.73% | -2.48% | 3.64% | 0.77% | 10.70% | 10.97% | 7.83% | - | - | - | - | - | - | - |
| Benchmark | -2.19% | -4.23% | 1.37% | -1.63% | 11.00% | 10.11% | 8.82% | 5.03% | 6.22% | 5.84% | 6.18% | 5.77% | 6.97% | 6.59% |
| Category Average | -1.53% | -3.30% | 0.71% | -0.84% | 8.59% | 7.60% | 5.79% | 3.60% | 6.15% | 4.75% | 4.87% | 4.51% | 5.24% | 4.46% |
| Category Rank | 939 / 1,766 | 369 / 1,765 | 24 / 1,759 | 157 / 1,765 | 295 / 1,725 | 100 / 1,663 | 260 / 1,622 | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - | - | - |
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.32% | 0.58% | 1.61% | 0.50% | 1.35% | 0.27% | 5.88% | -2.87% | 3.33% | -0.06% | -0.70% | -1.73% |
| Benchmark | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% | 0.17% | 2.72% | -0.03% | -2.06% | -2.19% |
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/ 1,662 | 181/ 1,715 |
16.93% (2024)
-15.13% (2022)
| Name | Percent |
|---|---|
| US Equity | 35.48 |
| Foreign Corporate Bonds | 20.21 |
| Cash and Equivalents | 18.51 |
| International Equity | 18.11 |
| Commodities | 4.02 |
| Other | 3.67 |
| Name | Percent |
|---|---|
| Fixed Income | 20.21 |
| Cash and Cash Equivalent | 18.51 |
| Technology | 9.23 |
| Financial Services | 9.11 |
| Healthcare | 8.20 |
| Other | 34.74 |
| Name | Percent |
|---|---|
| North America | 77.43 |
| Europe | 8.22 |
| Asia | 6.29 |
| Multi-National | 2.98 |
| Africa and Middle East | 0.46 |
| Other | 4.62 |
| Name | Percent |
|---|---|
| Mackenzie World Low Volatility ETF (MWLV) | 52.83 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 21.81 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 17.85 |
| CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 3.02 |
| Mackenzie Enhanced Equity Risk Premia Fund Series R | 2.94 |
| CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 1.00 |
| Cash and Cash Equivalents | 0.55 |
Mackenzie Enhanced Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.21% | - | - |
|---|---|---|---|
| Beta | 1.09% | - | - |
| Alpha | -0.02% | - | - |
| Rsquared | 0.80% | - | - |
| Sharpe | 0.41% | - | - |
| Sortino | 0.78% | - | - |
| Treynor | 0.04% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.00% | 10.21% | - | - |
| Beta | 0.93% | 1.09% | - | - |
| Alpha | 0.01% | -0.02% | - | - |
| Rsquared | 0.55% | 0.80% | - | - |
| Sharpe | 0.85% | 0.41% | - | - |
| Sortino | 1.96% | 0.78% | - | - |
| Treynor | 0.07% | 0.04% | - | - |
| Tax Efficiency | 80.28% | - | - | - |
| 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) | $4 |
| 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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