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Mackenzie FuturePath Canadian Equity Balanced Fund PA

Canadian Equity Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(08-01-2025)
$12.97
Change
-$0.08 (-0.58%)

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie FuturePath Canadian Equity Balanced Fund PA

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Fund Returns

Inception Return (July 06, 2022): 11.24%

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 2.07% 6.21% 6.67% 6.67% 18.53% 13.38% - - - - - - - -
Benchmark 2.20% 6.20% 7.93% 7.93% 20.99% 15.39% 13.08% 8.09% 11.08% 9.26% 8.63% 8.55% 8.51% 7.76%
Category Average 1.55% 4.26% 4.66% 4.66% 13.32% 11.07% 10.26% 5.96% 8.87% 6.90% 6.38% 6.13% 6.38% 5.75%
Category Rank 136 / 390 83 / 371 56 / 371 56 / 371 32 / 370 119 / 365 - - - - - - - -
Quartile Ranking 2 1 1 1 1 2 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 4.99% 0.62% 2.99% -0.02% 4.01% -1.79% 2.19% -0.54% -1.19% -0.23% 4.30% 2.07%
Benchmark 4.94% 1.05% 2.82% 0.37% 5.15% -2.58% 2.89% -0.02% -1.20% -0.27% 4.19% 2.20%

Best Monthly Return Since Inception

5.58% (November 2023)

Worst Monthly Return Since Inception

-3.96% (May 2023)

Calendar Return (%)

Created with Highcharts 10.3.3-10%-5%0%5%10%15%20%25%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 8.41% 15.50%
Benchmark -5.39% 15.95% 7.50% -6.34% 18.83% 6.85% 17.62% -7.12% 10.48% 17.11%
Category Average -2.09% 10.63% 6.12% -6.63% 14.36% 4.77% 15.38% -7.74% 9.70% 12.92%
Quartile Ranking - - - - - - - - 3 2
Category Rank - - - - - - - - 266/ 365 129/ 367

Best Calendar Return (Last 10 years)

15.50% (2024)

Worst Calendar Return (Last 10 years)

8.41% (2023)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 64.52
Canadian Corporate Bonds 11.73
Canadian Government Bonds 11.13
Foreign Corporate Bonds 3.24
US Equity 2.65
Other 6.73

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 27.84
Financial Services 22.79
Basic Materials 8.90
Energy 8.43
Industrial Services 6.04
Other 26.00

Geographic Allocation

Geographic Allocation
Name Percent
North America 98.75
Asia 0.80
Europe 0.19
Multi-National 0.15
Latin America 0.08
Other 0.03

Top Holdings

Top Holdings
Name Percent
Mackenzie Canadian Equity Fund Series A 69.96
Mackenzie Canadian Bond Fund Series A 25.56
Mackenzie North American Corporate Bond Fund A 4.49

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 7.93% - - -
Beta 0.91% - - -
Alpha 0.00% - - -
Rsquared 0.96% - - -
Sharpe 1.77% - - -
Sortino 5.38% - - -
Treynor 0.15% - - -
Tax Efficiency 98.44% - - -

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) $3

Fund Codes

FundServ Code Load Code Sales Status
MFC13678
MFC13679
MFC13680

Investment Objectives

The Fund pursues long-term capital growth consistent with reasonable safety of capital and a steady flow of current income. The Fund invests mainly in a combination of Canadian fixed-income securities, equity securities and securities convertible into equity and fixed-income securities. The Fund pursues 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: 60% - 90% equity securities; 0% - 40% 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 Management

Portfolio Manager

Mackenzie Financial Corporation

  • William Aldridge
  • Nelson Arruda
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation

Custodian

Canadian Imperial Bank of Commerce

Registrar

Mackenzie Financial Corporation

Distributor

PFSL Investments Canada Ltd.

Investment Minimums

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

Fees

MER 1.23%
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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