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Mackenzie FuturePath Global Equity Balanced Portfolio PA

Global Equity Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

NAVPS
(01-17-2025)
$13.53
Change
$0.13 (0.96%)

As at December 31, 2024

As at October 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2022-07-06 00:00:00 to 2024-12-31 00:00:00.
End of interactive chart.

Legend

Mackenzie FuturePath Global Equity Balanced Portfolio PA

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Fund Returns

Inception Return (July 06, 2022): 14.73%

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 -1.11% 2.79% 9.54% 19.08% 19.08% 16.02% - - - - - - - -
Benchmark 0.16% 4.17% 9.89% 21.57% 21.57% 18.27% 7.16% 8.19% 8.97% 10.16% 8.76% 9.16% 8.53% 9.36%
Category Average -1.09% 1.96% 7.42% 15.98% 15.98% 13.68% 4.44% 6.38% 6.72% 8.07% 6.02% 6.43% 6.26% 6.12%
Category Rank 694 / 1,348 493 / 1,335 207 / 1,334 311 / 1,324 311 / 1,324 291 / 1,241 - - - - - - - -
Quartile Ranking 3 2 1 1 1 1 - - - - - - - -

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -2.7485 to 4.5551.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.66% 3.59% 2.70% -2.75% 3.23% 1.13% 3.58% 0.41% 2.46% -0.59% 4.56% -1.11%
Benchmark 1.06% 4.23% 2.30% -1.69% 2.36% 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16%

Best Monthly Return Since Inception

6.63% (November 2023)

Worst Monthly Return Since Inception

-4.99% (September 2022)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -12.030598 to 21.571641.
End of interactive chart.
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 13.04% 19.08%
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% 15.98%
Quartile Ranking - - - - - - - - 2 1
Category Rank - - - - - - - - 333/ 1,241 311/ 1,324

Best Calendar Return (Last 10 years)

19.08% (2024)

Worst Calendar Return (Last 10 years)

13.04% (2023)

Asset Allocation

Asset Allocation
Name Percent
International Equity 34.79
US Equity 32.57
Canadian Equity 17.56
Foreign Bonds - Funds 4.10
Canadian Corporate Bonds 3.48
Other 7.50

Sector Allocation

Sector Allocation
Name Percent
Mutual Fund 61.66
Fixed Income 13.49
Financial Services 7.17
Technology 2.71
Energy 2.61
Other 12.36

Geographic Allocation

Geographic Allocation
Name Percent
North America 60.83
Multi-National 38.66
Asia 0.26
Europe 0.22
Latin America 0.02
Other 0.01

Top Holdings

Top Holdings
Name Percent
Mack US Equity Pool Series R 26.91
Mackenzie Canadian Equity Fund Investor Series 19.23
Mack Comprehensive Equity Pool Series R 16.15
Mackenzie Canadian Bond Fund Series A 8.15
Mack EAFE Equity Pool Series R 7.70
Mackenzie Broad Risk Premia Collection Fund Series R 4.84
Mackenzie Enhanced Fixed Income Risk Premia Fund Series R 4.10
Mackenzie FuturePath International Equity Fund Series R 3.39
Mackenzie US All Cap Growth Fund Series A 2.53
Vanguard Value Index ETF (VTV) 2.52

Equity Style

Equity style data not available

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 7.72% - - -
Beta 1.24% - - -
Alpha -0.07% - - -
Rsquared 0.90% - - -
Sharpe 1.75% - - -
Sortino 4.38% - - -
Treynor 0.11% - - -
Tax Efficiency 92.41% - - -

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) $97

Fund Codes

FundServ Code Load Code Sales Status
MFC13714
MFC13715
MFC13716

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide long-term capital appreciation and some income. The Fund seeks to accomplish its objectives by investing primarily in securities of other mutual funds to gain exposure to Canadian and foreign equity and fixed-income securities and other asset categories.

Investment Strategy

The Fund’s asset mix 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 alternative mutual funds. The asset allocation portfolio manager employs a disciplined total portfolio management approach to constructing the Fund. The Fund is built upon long-term strategic allocations to different equity markets, fixed income markets, and other asset classes.

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 1.36%
Management Fee 1.00%
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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