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Mackenzie Bluewater US Growth Fund Series LB

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U.S. Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

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
(05-29-2025) 		$13.59
Change
$0.00 (0.03%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Ma…$10,000$12,000$14,000$16,000$8,000Period

Legend

Mackenzie Bluewater US Growth Fund Series LB

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Fund Returns

Inception Return (May 20, 2022): 10.71%

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 -3.35% -9.66% -2.06% -5.26% 7.41% 9.95% - - - - - - - -
Benchmark -4.57% -11.79% -2.47% -8.73% 12.63% 18.27% 15.08% 12.30% 15.44% 13.55% 14.27% 13.26% 14.84% 13.85%
Category Average -3.76% -11.90% -4.21% -8.32% 7.65% 13.97% 10.67% 7.68% 12.29% 9.92% 10.29% 9.82% 10.95% 9.80%
Category Rank 474 / 1,318 327 / 1,309 290 / 1,300 233 / 1,301 762 / 1,271 1,030 / 1,202 - - - - - - - -
Quartile Ranking 2 1 1 1 3 4 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.41% 2.97% 1.79% 1.19% 1.07% -0.10% 6.16% -2.62% 4.87% -1.96% -4.66% -3.35%
Benchmark 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57%

Best Monthly Return Since Inception

10.28% (July 2022)

Worst Monthly Return Since Inception

-6.00% (June 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 12.97% 18.04%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking - - - - - - - - 4 4
Category Rank - - - - - - - - 979/ 1,172 1,112/ 1,258

Best Calendar Return (Last 10 years)

18.04% (2024)

Worst Calendar Return (Last 10 years)

12.97% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 76.18
International Equity 20.43
Canadian Equity 2.01
Cash and Equivalents 1.39
Other -0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 27.74
Healthcare 16.02
Financial Services 14.21
Industrial Goods 12.92
Industrial Services 8.59
Other 20.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 79.58
Europe 20.44
Other -0.02

Top Holdings

Top Holdings
Name Percent
Aon PLC Cl A 5.46
Apple Inc 5.27
Roper Technologies Inc 5.02
Microsoft Corp 4.97
Amazon.com Inc 4.26
Verisk Analytics Inc 4.01
Stryker Corp 3.93
Linde PLC 3.45
Gartner Inc 3.39
Progressive Corp 3.29

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available

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 11.47% - - -
Beta 0.83% - - -
Alpha -0.03% - - -
Rsquared 0.84% - - -
Sharpe 0.35% - - -
Sortino 0.67% - - -
Treynor 0.05% - - -
Tax Efficiency 89.96% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A46.7​46.756.7​56.70%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: A60.9​60.961.2​61.20%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: A40.5​40.551.4​51.40%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: A32.8​32.858.9​58.90%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 May 20, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $755

Fund Codes

FundServ Code Load Code Sales Status
MFC7323

Investment Objectives

The Fund pursues long-term capital growth by investing primarily in equity securities of U.S. companies. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of votes cast at meeting of Fund investors called for that purpose.

Investment Strategy

The investment approach follows a company-focused investment style, seeking companies with strong management, good growth prospects and a solid financial position. Emphasis is placed on paying reasonable prices for the free cash flow growth that companies in the portfolio are expected to achieve. The Fund may hold cash and/or short-term debt securities in anticipation of, or in response to, unfavourable market conditions; and/or for liquidity purposes.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • David Arpin
  • Dina DeGeer
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 2.63%
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) -

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