Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Mackenzie Betterworld Canadian Equity Fund Series LB

  • Premium Feature Only
Add to My Watchlist

Canadian Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeC Click for more information on Fundata’s ESG Grade

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-08-2025) 		$12.88
Change
-$0.01 (-0.11%)

As at June 30, 2025

As at April 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 2022May 2022Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025Jul 2022Oct 2022Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Apr 2025Jan 2022Sep 2022May 2023Jan 2024Sep 2024May 2025May 20…$8,000$9,000$10,000$11,000$12,000$13,000$14,000$15,000$16,000Period

Legend

Mackenzie Betterworld Canadian Equity Fund Series LB

Compare Options

Fund Returns

Inception Return (December 16, 2021): 6.74%

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 2.12% 10.34% 9.59% 9.59% 25.47% 16.89% 13.93% - - - - - - -
Benchmark 2.91% 8.53% 10.17% 10.17% 26.37% 19.03% 16.09% 10.74% 15.02% 11.96% 10.77% 10.72% 10.76% 9.61%
Category Average 2.57% 8.38% 9.10% 9.10% 21.89% 15.99% 13.69% 9.49% 13.72% 10.29% 9.01% 8.80% 8.93% 7.96%
Category Rank 552 / 750 71 / 745 328 / 740 328 / 740 176 / 725 343 / 702 415 / 681 - - - - - - -
Quartile Ranking 3 1 2 2 1 2 3 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 5.75% 1.58% 4.13% -0.29% 5.81% -2.97% 3.65% -0.24% -3.95% 0.98% 7.01% 2.12%
Benchmark 5.87% 1.22% 3.15% 0.85% 6.37% -3.27% 3.48% -0.40% -1.51% -0.10% 5.56% 2.91%

Best Monthly Return Since Inception

9.64% (November 2023)

Worst Monthly Return Since Inception

-7.33% (April 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - -13.29% 7.53% 20.80%
Benchmark -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75% 21.65%
Category Average -6.15% 16.46% 6.89% -9.47% 19.21% 3.42% 23.26% -4.82% 9.85% 17.87%
Quartile Ranking - - - - - - - 4 4 2
Category Rank - - - - - - - 628/ 651 611/ 688 196/ 715

Best Calendar Return (Last 10 years)

20.80% (2024)

Worst Calendar Return (Last 10 years)

-13.29% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 93.43
Income Trust Units 4.47
Cash and Equivalents 2.10

Sector Allocation

Sector Allocation
Name Percent
Financial Services 34.18
Basic Materials 14.49
Technology 11.83
Industrial Services 10.14
Consumer Services 8.14
Other 21.22

Geographic Allocation

Geographic Allocation
Name Percent
North America 100.00

Top Holdings

Top Holdings
Name Percent
Royal Bank of Canada 7.45
Agnico Eagle Mines Ltd 5.25
Shopify Inc Cl A 4.49
Brookfield Corp Cl A 4.42
Wheaton Precious Metals Corp 4.17
Bank of Montreal 4.08
Canadian Pacific Kansas City Ltd 3.93
Canadian Imperial Bank of Commerce 3.26
Waste Connections Inc 3.26
Manulife Financial Corp 3.22

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 Return56789101112131415161718190%5%10%15%20%25%30%

Mackenzie Betterworld Canadian Equity Fund Series LB

Median

Other - Canadian Equity

3 Yr Annualized

Standard Deviation 13.43% - -
Beta 1.01% - -
Alpha -0.02% - -
Rsquared 0.89% - -
Sharpe 0.74% - -
Sortino 1.45% - -
Treynor 0.10% - -
Tax Efficiency - - -
Volatility 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 12.02% 13.43% - -
Beta 1.08% 1.01% - -
Alpha -0.03% -0.02% - -
Rsquared 0.91% 0.89% - -
Sharpe 1.68% 0.74% - -
Sortino 3.85% 1.45% - -
Treynor 0.19% 0.10% - -
Tax Efficiency 100.00% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A44.7​44.741.4​41.40%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: A38.7​38.745.5​45.50%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: A36.9​36.938.4​38.40%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: A59.6​59.638.0​38.00%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.

View the full methodology

Fund Details

Start Date December 16, 2021
Instrument Type Mutual Fund (Responsible Investment)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $18

Fund Codes

FundServ Code Load Code Sales Status
MFC9396

Investment Objectives

The Fund seeks to provide long-term capital appreciation by investing primarily in Canadian equity securities of companies that are considered to have progressive ESG practices.

Investment Strategy

The investment approach follows a fundamental investment analysis to identify, select and monitor investments. The Fund will integrate bottom-up security analysis with proprietary ESG analysis to make investment decisions while focusing on traditional financial metrics. The Fund is a Sustainable Investment Solution that is considered a sustainable core fund, as further described in the “Sustainable Investing at Mackenzie” section of this simplified prospectus.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation
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 2.57%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info