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Mackenzie Monthly Income Growth Portfolio Series LB

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Global Equity Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-20-2025) 		$15.62
Change
-$0.03 (-0.16%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jan 2022Mar 2022May 2022Jul 2022Sep 2022Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Apr 2022Oct 2022Apr 2023Oct 2023Apr 2024Oct 2024Apr 2025Ap…$9,000$10,000$11,000$12,000$8,000$13,000Period

Legend

Mackenzie Monthly Income Growth Portfolio Series LB

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Fund Returns

Inception Return (December 16, 2021): 4.52%

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 -1.73% -4.17% 0.82% -1.47% 10.16% 8.19% 6.39% - - - - - - -
Benchmark -2.54% -5.91% 0.78% -2.84% 11.49% 12.43% 10.67% 6.78% 9.16% 7.82% 7.95% 7.59% 8.99% 8.19%
Category Average -1.92% -5.08% 0.21% -1.93% 8.87% 9.22% 7.36% 4.70% 7.93% 5.91% 5.80% 5.41% 6.28% 5.36%
Category Rank 468 / 1,330 384 / 1,329 521 / 1,328 534 / 1,329 526 / 1,308 953 / 1,235 944 / 1,211 - - - - - - -
Quartile Ranking 2 2 2 2 2 4 4 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.25% -0.13% 2.69% 0.70% 2.73% 0.72% 2.69% -0.36% 2.82% -0.50% -1.99% -1.73%
Benchmark 2.36% 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54%

Best Monthly Return Since Inception

4.59% (November 2022)

Worst Monthly Return Since Inception

-4.39% (June 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 - - - - - - - -6.55% 8.20% 15.79%
Benchmark 17.03% 3.66% 11.99% 0.72% 16.29% 12.17% 11.33% -12.03% 15.07% 21.57%
Category Average 4.87% 4.92% 9.31% -5.49% 15.12% 8.09% 12.42% -11.85% 11.42% 15.99%
Quartile Ranking - - - - - - - 1 4 3
Category Rank - - - - - - - 105/ 1,172 1,102/ 1,221 829/ 1,304

Best Calendar Return (Last 10 years)

15.79% (2024)

Worst Calendar Return (Last 10 years)

-6.55% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 42.54
International Equity 20.92
Canadian Equity 19.47
Canadian Government Bonds 3.50
Cash and Equivalents 3.30
Other 10.27

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.03
Technology 18.97
Fixed Income 11.32
Consumer Services 6.59
Healthcare 6.10
Other 37.99

Geographic Allocation

Geographic Allocation
Name Percent
North America 75.79
Europe 14.13
Asia 7.45
Multi-National 0.31
Latin America 0.09
Other 2.23

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Equity Income Fund Series R 84.54
Mackenzie Unconstrained Fixed Income Fund A 6.08
Mackenzie Canadian Bond Fund Series A 4.50
Mackenzie Sovereign Bond Fund Series R 2.60
Mackenzie Gold Bullion Fund Series A 1.97
Mackenzie Global Inflation-Linked Fund - Series R 0.30

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return678910111213141516171819-5%0%5%10%15%

Mackenzie Monthly Income Growth Portfolio Series LB

Median

Other - Global Equity Balanced

3 Yr Annualized

Standard Deviation 7.51% - -
Beta 0.72% - -
Alpha -0.01% - -
Rsquared 0.91% - -
Sharpe 0.34% - -
Sortino 0.71% - -
Treynor 0.04% - -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.20% 7.51% - -
Beta 0.75% 0.72% - -
Alpha 0.01% -0.01% - -
Rsquared 0.86% 0.91% - -
Sharpe 1.00% 0.34% - -
Sortino 2.17% 0.71% - -
Treynor 0.08% 0.04% - -
Tax Efficiency 96.05% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A71.7​71.749.5​49.50%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: A73.6​73.650.5​50.50%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: A69.9​69.948.6​48.60%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: A80.1​80.150.2​50.20%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
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $83

Fund Codes

FundServ Code Load Code Sales Status
MFC9377

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide capital growth and a steady stream of income with reduced volatility. The Fund will pursue this objective by investing in other investment funds and/or by investing in securities directly to gain exposure to Canadian and foreign fixed-income and equity securities and other asset categories.

Investment Strategy

The strategic long-term asset mix may change in reaction to, or in anticipation of, market changes. However, it will generally be kept within the following ranges: • 60-90% equity securities; • 0-40% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in other asset classes. The asset allocation portfolio manager will rebalance the percentage of the Fund invested in each asset class.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

LBC Financial Services Inc.
Distributor

LBCFS

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 2.33%
Management Fee 1.75%
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) -

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