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Mackenzie Bluewater North American Balanced Fund Series A

Global Neutral Balanced

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(11-11-2024)
$11.36
Change
$0.02 (0.19%)

As at October 31, 2024

As at August 31, 2024

Period
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Legend

Mackenzie Bluewater North American Balanced Fund Series A

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Fund Returns

Inception Return (January 24, 2022): 3.96%

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 -0.36% 1.34% 7.11% 7.32% 15.89% 9.65% - - - - - - - -
Benchmark 0.21% 2.39% 9.50% 14.01% 22.16% 14.87% 4.91% 6.20% 6.36% 7.25% 6.28% 6.58% 6.60% 7.43%
Category Average -0.44% 1.91% 7.82% 10.43% 19.47% 11.21% 3.06% 6.10% 5.22% 5.85% 4.75% 5.15% 5.03% 4.93%
Category Rank 1,112 / 1,710 1,476 / 1,710 1,336 / 1,689 1,595 / 1,678 1,548 / 1,667 1,351 / 1,617 - - - - - - - -
Quartile Ranking 3 4 4 4 4 4 - - - - - - - -

Monthly Return

Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 5.38% 2.47% 0.35% 1.83% 0.77% -2.70% 1.67% 1.79% 2.13% 0.34% 1.37% -0.36%
Benchmark 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79% 3.28% -0.07% 2.25% 0.21%

Best Monthly Return Since Inception

6.22% (July 2022)

Worst Monthly Return Since Inception

-4.92% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 9.15%
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 - - - - - - - - - 3
Category Rank - - - - - - - - - 984/ 1,625

Best Calendar Return (Last 10 years)

9.15% (2023)

Worst Calendar Return (Last 10 years)

9.15% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 25.60
Foreign Corporate Bonds 14.89
Foreign Government Bonds 12.70
Canadian Equity 11.70
International Equity 11.25
Other 23.86

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 42.86
Technology 13.71
Financial Services 8.25
Cash and Cash Equivalent 8.05
Industrial Goods 7.64
Other 19.49

Geographic Allocation

Geographic Allocation
Name Percent
North America 78.17
Europe 14.33
Asia 6.51
Latin America 0.63
Multi-National 0.09
Other 0.27

Top Holdings

Top Holdings
Name Percent
Mackenzie Bluewater North American Equ Fund A 50.31
Mackenzie Global Tactical Bond Fund Series A 34.80
Mackenzie Strategic Bond Fund Series A 14.89

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating  out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.62% - - -
Beta 1.04% - - -
Alpha -0.06% - - -
Rsquared 0.88% - - -
Sharpe 1.57% - - -
Sortino 4.00% - - -
Treynor 0.10% - - -
Tax Efficiency 99.83% - - -

Fund Details

Start Date January 24, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status -
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $29

Fund Codes

FundServ Code Load Code Sales Status
MFC9426
MFC9427
MFC9428

Investment Objectives

The Fund seeks to provide long-term capital growth and current income by investing primarily in a combination of equity and fixed income securities in Canada and/or the United States. The Fund will pursue this objective by investing in securities directly and/or by investing in other mutual funds.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 40% - 60% equity securities; 40% - 60% 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 adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class.

Portfolio Manager(s)

Name Start Date
Tyler Hewlett 02-03-2023
David Arpin 02-03-2023
Konstantin Boehmer 02-03-2023
David Taylor 02-03-2023
Steve Locke 02-03-2023
Dina DeGeer 02-03-2023
Shah Khan 02-03-2023

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor KPMG LLP

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 2.35%
Management Fee 1.85%
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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