Join Fund Library now and get free access to personalized features to help you manage your investments.
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (10-22-2024) |
$10.32 |
|---|---|
| Change |
-$0.05
(-0.46%)
|
As at September 30, 2024
As at July 31, 2024
Loading...
Inception Return (November 04, 2021): 2.24%
| 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 | 1.35% | 3.51% | 4.02% | 13.38% | 23.59% | 15.70% | - | - | - | - | - | - | - | - |
| Benchmark | 2.25% | 5.52% | 7.56% | 13.77% | 22.16% | 16.11% | 4.86% | 5.75% | 6.55% | 6.63% | 6.88% | 6.53% | 6.81% | 7.54% |
| Category Average | 1.80% | 6.15% | 6.15% | 10.92% | 18.92% | 12.72% | 3.80% | 5.79% | 5.42% | 5.29% | 5.18% | 5.15% | 5.35% | 5.04% |
| Category Rank | 1,551 / 1,720 | 1,655 / 1,719 | 1,648 / 1,688 | 241 / 1,688 | 88 / 1,664 | 153 / 1,627 | - | - | - | - | - | - | - | - |
| Quartile Ranking | 4 | 4 | 4 | 1 | 1 | 1 | - | - | - | - | - | - | - | - |
| Return % | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.85% | 4.70% | 3.23% | 0.98% | 5.28% | 2.53% | -2.35% | 2.32% | 0.58% | 1.61% | 0.50% | 1.35% |
| Benchmark | 0.21% | 5.00% | 2.05% | 0.78% | 3.10% | 1.80% | -1.57% | 1.73% | 1.79% | 3.28% | -0.07% | 2.25% |
5.60% (January 2023)
-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 | - | - | - | - | - | - | - | - | 1,417/ 1,517 | 85/ 1,635 |
13.41% (2023)
-15.13% (2022)
| Name | Percent |
|---|---|
| International Equity | 53.82 |
| Cash and Equivalents | 20.19 |
| Foreign Corporate Bonds | 18.34 |
| Commodities | 5.84 |
| US Equity | 0.99 |
| Other | 0.82 |
| Name | Percent |
|---|---|
| Mutual Fund | 53.81 |
| Cash and Cash Equivalent | 20.19 |
| Fixed Income | 18.34 |
| Financial Services | 0.99 |
| Telecommunications | 0.01 |
| Other | 6.66 |
| Name | Percent |
|---|---|
| Multi-National | 53.85 |
| North America | 39.46 |
| Europe | 0.01 |
| Other | 6.68 |
| Name | Percent |
|---|---|
| Mackenzie World Low Volatility Fund Series A | 53.81 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 20.04 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 19.99 |
| CI Galaxy Bitcoin ETF - ETF C$ Unhedged (BTCX.B) | 2.92 |
| CI Galaxy Ethereum ETF C$ Unhedged Series (ETHX.B) | 2.92 |
| Cash and Cash Equivalents | 0.32 |
| Standard Deviation | - | - | - |
|---|---|---|---|
| Beta | - | - | - |
| Alpha | - | - | - |
| Rsquared | - | - | - |
| Sharpe | - | - | - |
| Sortino | - | - | - |
| Treynor | - | - | - |
| Tax Efficiency | - | - | - |
| Volatility | - | - | - |
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.05% | - | - | - |
| Beta | 0.99% | - | - | - |
| Alpha | 0.01% | - | - | - |
| Rsquared | 0.71% | - | - | - |
| Sharpe | 2.39% | - | - | - |
| Sortino | - | - | - | - |
| Treynor | 0.17% | - | - | - |
| Tax Efficiency | 96.68% | - | - | - |
| 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) | $1 |
| 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 | Deloitte LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | No |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
| MER | 2.21% |
|---|---|
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
