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Mackenzie FuturePath Canadian Balanced Fund PA

Canadian Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(12-11-2024)
$12.35
Change
$0.02 (0.15%)

As at November 30, 2024

As at September 30, 2024

Period
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Legend

Mackenzie FuturePath Canadian Balanced Fund PA

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Fund Returns

Inception Return (July 06, 2022): 10.68%

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 3.46% 6.10% 11.46% 14.89% 19.05% 9.90% - - - - - - - -
Benchmark 4.18% 6.83% 12.94% 15.91% 20.18% 10.78% 6.02% 7.13% 6.97% 7.95% 6.55% 6.53% 6.90% 5.99%
Category Average 3.23% 4.88% 9.32% 13.49% 17.15% 9.29% 4.60% 5.81% 5.57% 6.25% 5.00% 5.20% 5.17% 4.71%
Category Rank 161 / 452 104 / 452 41 / 452 170 / 446 148 / 446 212 / 432 - - - - - - - -
Quartile Ranking 2 1 1 2 2 2 - - - - - - - -

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.61% -0.43% 1.24% 2.06% -2.04% 2.27% 0.02% 4.39% 0.61% 2.73% -0.17% 3.46%
Benchmark 3.69% -0.31% 0.82% 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18%

Best Monthly Return Since Inception

5.17% (November 2023)

Worst Monthly Return Since Inception

-3.45% (May 2023)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - 7.96%
Benchmark 9.98% -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43%
Category Average 7.98% 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27%
Quartile Ranking - - - - - - - - - 3
Category Rank - - - - - - - - - 293/ 432

Best Calendar Return (Last 10 years)

7.96% (2023)

Worst Calendar Return (Last 10 years)

7.96% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 50.34
Canadian Corporate Bonds 17.19
Canadian Government Bonds 15.20
Foreign Corporate Bonds 5.70
Cash and Equivalents 5.19
Other 6.38

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 39.31
Financial Services 18.80
Energy 6.87
Consumer Services 5.65
Basic Materials 5.63
Other 23.74

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.34
Europe 0.24
Multi-National 0.21
Latin America 0.13
Africa and Middle East 0.02
Other 0.06

Top Holdings

Top Holdings
Name Percent
Mackenzie Canadian Equity Fund Series A 55.09
Mackenzie Canadian Bond Fund Series A 38.18
Mackenzie North American Corporate Bond Fund A 6.73

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 6.70% - - -
Beta 0.99% - - -
Alpha -0.01% - - -
Rsquared 0.95% - - -
Sharpe 1.98% - - -
Sortino 6.07% - - -
Treynor 0.13% - - -
Tax Efficiency 94.44% - - -

Fund Details

Start Date July 06, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $9

Fund Codes

FundServ Code Load Code Sales Status
MFC13672
MFC13673
MFC13674

Investment Objectives

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

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 40% - 60% equity securities; 20% - 60% fixed-income securities, including cash and cash equivalents. 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. The equity manager follows a blended growth and value investment style.

Portfolio Manager(s)

Name Start Date
Mackenzie Financial Corporation 06-22-2022

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor PFSL Investments Canada Ltd.
Auditor KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 1.21%
Management Fee 0.85%
Load Choice of Back or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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