Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Mackenzie FuturePath Global Growth Fund PA

  • Premium Feature Only
Add to My Watchlist

Global Equity

FundGrade E Click for more information on Fundata’s FundGrade

FundGrade E

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(08-13-2025) 		$14.31
Change
$0.04 (0.25%)

As at July 31, 2025

As at May 31, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Jan 2024Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jul 2025Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Jul …$10,000$12,000$14,000$8,000$9,000$11,000$13,000$15,000Period

Legend

Mackenzie FuturePath Global Growth Fund PA

Compare Options

Fund Returns

Inception Return (July 06, 2022): 12.21%

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 0.14% 3.30% -5.25% -0.04% 3.46% 8.95% 9.91% - - - - - - -
Benchmark 2.87% 12.34% 3.36% 7.43% 16.06% 19.13% 18.12% 10.84% 13.49% 12.68% 11.33% 11.90% 11.97% 10.74%
Category Average 1.70% 10.25% 1.86% 6.46% 12.03% 14.77% 13.76% 7.33% 10.54% 9.74% 8.70% 9.04% 9.17% 8.03%
Category Rank 1,863 / 2,134 1,886 / 2,105 1,981 / 2,081 1,973 / 2,079 1,884 / 2,043 1,745 / 1,932 1,624 / 1,828 - - - - - - -
Quartile Ranking 4 4 4 4 4 4 4 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%
Monthly Return
Return % Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun Jul
Fund 1.00% 0.88% -1.02% 4.71% -1.98% 5.50% -1.85% -4.14% -2.52% 3.12% 0.04% 0.14%
Benchmark 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18% -2.97% 5.37% 3.64% 2.87%

Best Monthly Return Since Inception

9.50% (November 2022)

Worst Monthly Return Since Inception

-4.55% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 14.05% 15.35%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - - 3 4
Category Rank - - - - - - - - 1,093/ 1,861 1,581/ 1,975

Best Calendar Return (Last 10 years)

15.35% (2024)

Worst Calendar Return (Last 10 years)

14.05% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 61.32
International Equity 33.91
Canadian Equity 3.51
Cash and Equivalents 1.25
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 22.23
Industrial Services 15.44
Healthcare 13.18
Industrial Goods 10.12
Consumer Services 10.09
Other 28.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 66.09
Europe 31.71
Multi-National 2.19
Other 0.01

Top Holdings

Top Holdings
Name Percent
Mackenzie Bluewater Glb Growth Fund A 95.00
Mackenzie US Mid Cap Opportunities Fund Series A 2.81
Mackenzie Asian Small-Mid Cap Fund Series R 1.15
Mackenzie European Small-Mid Cap Fund Series R 1.04

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618202224-10%0%10%20%30%40%

Mackenzie FuturePath Global Growth Fund PA

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 12.22% - -
Beta 1.00% - -
Alpha -0.07% - -
Rsquared 0.84% - -
Sharpe 0.51% - -
Sortino 1.05% - -
Treynor 0.06% - -
Tax Efficiency - - -
Volatility Volatility rating is 7 on a scale of 1 to 10 - -

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.16% 12.22% - -
Beta 0.83% 1.00% - -
Alpha -0.09% -0.07% - -
Rsquared 0.73% 0.84% - -
Sharpe 0.07% 0.51% - -
Sortino 0.14% 1.05% - -
Treynor 0.01% 0.06% - -
Tax Efficiency 100.00% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A16.5​16.550.9​50.90%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: A28.3​28.351.4​51.40%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: A12.7​12.750.1​50.10%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: A10.5​10.553.1​53.10%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 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) $62

Fund Codes

FundServ Code Load Code Sales Status
MFC13642
MFC13643
MFC13644

Investment Objectives

The Fund seeks capital growth over the longer term by investing primarily in a broad range of global equity securities. The Fund primarily invests in developed markets but, from time to time, may invest in emerging markets. The Fund pursues this objective by investing in securities directly and/or by investing in other investment funds.

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 portfolios are expected to achieve. The Fund may hold a portion of its net assets in securities of other investment funds, including ETFs, which may be managed by us, in accordance with its investment objectives.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • David Arpin
  • Tyler Hewlett
  • Philip Taller
  • David Taylor
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 1.43%
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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info