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Global Neutral Balanced
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|
NAVPS (12-20-2024) |
$10.09 |
|---|---|
| Change |
$0.04
(0.36%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (November 04, 2021): 4.13%
| 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 | 5.88% | 7.61% | 10.53% | 20.38% | 24.26% | 15.97% | 4.74% | - | - | - | - | - | - | - |
| Benchmark | 2.87% | 5.40% | 10.72% | 17.28% | 19.68% | 13.41% | 5.30% | 5.73% | 6.56% | 7.36% | 6.49% | 7.10% | 6.83% | 7.51% |
| Category Average | 2.87% | 4.26% | 8.53% | 13.60% | 16.89% | 10.20% | 4.14% | 5.37% | 5.45% | 6.18% | 5.05% | 5.53% | 5.33% | 5.08% |
| Category Rank | 21 / 1,771 | 50 / 1,761 | 227 / 1,749 | 70 / 1,725 | 55 / 1,725 | 48 / 1,672 | 716 / 1,546 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 2 | - | - | - | - | - | - | - |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.23% | 0.98% | 5.28% | 2.53% | -2.35% | 2.32% | 0.58% | 1.61% | 0.50% | 1.35% | 0.27% | 5.88% |
| Benchmark | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% | 0.21% | 2.87% |
5.88% (November 2024)
-7.25% (June 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | - | -15.13% | 13.41% |
| Benchmark | 12.44% | 17.05% | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% |
| Category Average | 7.77% | 2.99% | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% |
| Quartile Ranking | - | - | - | - | - | - | - | - | 4 | 1 |
| Category Rank | - | - | - | - | - | - | - | - | 1,454/ 1,554 | 85/ 1,672 |
13.41% (2023)
-15.13% (2022)
| Name | Percent |
|---|---|
| International Equity | 54.17 |
| Cash and Equivalents | 19.96 |
| Foreign Corporate Bonds | 18.63 |
| Commodities | 5.87 |
| US Equity | 1.16 |
| Other | 0.21 |
| Name | Percent |
|---|---|
| Mutual Fund | 54.15 |
| Cash and Cash Equivalent | 19.96 |
| Fixed Income | 18.64 |
| Financial Services | 1.07 |
| Telecommunications | 0.10 |
| Other | 6.08 |
| Name | Percent |
|---|---|
| Multi-National | 54.19 |
| North America | 39.43 |
| Europe | 0.01 |
| Other | 6.37 |
| Name | Percent |
|---|---|
| Mackenzie World Low Volatility ETF | 54.15 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 20.01 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 20.01 |
| CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 2.94 |
| CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 2.93 |
| Cash and Cash Equivalents | -0.04 |
Mackenzie Enhanced Global Balanced Fund Series A
Median
Other - Global Neutral Balanced
| Standard Deviation | 10.64% | - | - |
|---|---|---|---|
| Beta | 1.07% | - | - |
| Alpha | -0.01% | - | - |
| Rsquared | 0.83% | - | - |
| Sharpe | 0.15% | - | - |
| Sortino | 0.30% | - | - |
| Treynor | 0.02% | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.76% | 10.64% | - | - |
| Beta | 1.26% | 1.07% | - | - |
| Alpha | -0.01% | -0.01% | - | - |
| Rsquared | 0.65% | 0.83% | - | - |
| Sharpe | 2.28% | 0.15% | - | - |
| Sortino | - | 0.30% | - | - |
| Treynor | 0.14% | 0.02% | - | - |
| Tax Efficiency | 96.93% | - | - | - |
| 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) | $2 |
| 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.
| Name | Start Date |
|---|---|
| Mackenzie Financial Corporation | 11-04-2021 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | KPMG LLP |
| 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) | - |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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