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Mackenzie FuturePath Global Neutral Balanced Portfolio Series PA
Global Neutral Balanced
Click for more information on Fundata’s FundGrade
FundGrade C
Click for more information on Fundata’s FundGrade.
|
NAVPS (07-09-2026) |
$14.78 |
|---|---|
| Change |
$0.10
(0.69%)
|
As at June 30, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (July 06, 2022): 12.38%
| 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 | 1.09% | 9.28% | 8.47% | 8.47% | 16.83% | 14.58% | 13.39% | - | - | - | - | - | - | - |
| Benchmark | 2.26% | 10.26% | 9.92% | 9.92% | 17.43% | 15.00% | 14.69% | 13.77% | 7.96% | 8.39% | 8.32% | 7.94% | 7.96% | 8.11% |
| Category Average | 1.07% | 7.13% | 7.03% | 7.03% | 13.42% | 11.83% | 11.29% | 10.43% | 5.92% | 7.48% | 6.60% | 6.30% | 6.09% | 6.28% |
| Category Rank | 1,168 / 1,779 | 297 / 1,769 | 648 / 1,752 | 648 / 1,752 | 478 / 1,730 | 357 / 1,656 | 393 / 1,591 | - | - | - | - | - | - | - |
| Quartile Ranking | 3 | 1 | 2 | 2 | 2 | 1 | 1 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.85% | 2.15% | 3.31% | 1.15% | 0.72% | -0.67% | 1.23% | 2.21% | -4.06% | 4.54% | 3.41% | 1.09% |
| Benchmark | 1.48% | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% |
Best Monthly Return Since Inception
5.99% (November 2023)
Worst Monthly Return Since Inception
-4.06% (March 2026)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 10.58% | 14.14% | 12.08% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.05% | 7.69% | -3.99% | 13.52% | 7.16% | 9.69% | -11.26% | 9.53% | 12.15% | 9.84% |
| Quartile Ranking | - | - | - | - | - | - | - | 2 | 2 | 1 |
| Category Rank | - | - | - | - | - | - | - | 513/ 1,572 | 621/ 1,620 | 396/ 1,674 |
Best Calendar Return (Last 10 years)
14.14% (2024)
Worst Calendar Return (Last 10 years)
10.58% (2023)
Asset Allocation
| Name | Percent |
|---|---|
| International Equity | 25.96 |
| US Equity | 22.94 |
| Canadian Equity | 10.96 |
| Canadian Government Bonds | 10.42 |
| Canadian Corporate Bonds | 8.96 |
| Other | 20.76 |
Sector Allocation
| Name | Percent |
|---|---|
| Mutual Fund | 50.78 |
| Fixed Income | 31.02 |
| Financial Services | 4.26 |
| Cash and Cash Equivalent | 2.73 |
| Technology | 2.22 |
| Other | 8.99 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 67.95 |
| Multi-National | 30.23 |
| Europe | 0.68 |
| Asia | 0.28 |
| Latin America | 0.12 |
| Other | 0.74 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Canadian Bond Fund Series A | 20.61 |
| Mack US Equity Pool Series R | 15.31 |
| Mackenzie Canadian Equity Fund Investor Series | 11.84 |
| Mack Comprehensive Equity Pool Series R | 9.89 |
| Mack EAFE Equity Pool Series R | 6.12 |
| Mackenzie FuturePath Canadian Core Bond Fund Series R | 5.49 |
| Mackenzie Broad Risk Premia Collection Fund Series R | 4.73 |
| Mackenzie North American Corporate Bond Fund A | 4.41 |
| Mackenzie Enhanced Fixed Income Risk Premia Fund Series R | 4.07 |
| Mackenzie US Quantitative Small Cap Fund Series R | 3.91 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie FuturePath Global Neutral Balanced Portfolio Series PA
Median
Other - Global Neutral Balanced
3 Yr Annualized
| Standard Deviation | 8.04% | - | - |
|---|---|---|---|
| Beta | 1.07 | - | - |
| Alpha | -0.02 | - | - |
| Rsquared | 0.89% | - | - |
| Sharpe | 1.17 | - | - |
| Sortino | 2.20 | - | - |
| Treynor | 0.09 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 7.66% | 8.04% | - | - |
| Beta | 0.97 | 1.07 | - | - |
| Alpha | 0.00 | -0.02 | - | - |
| Rsquared | 0.89% | 0.89% | - | - |
| Sharpe | 1.78 | 1.17 | - | - |
| Sortino | 2.93 | 2.20 | - | - |
| Treynor | 0.14 | 0.09 | - | - |
| Tax Efficiency | 95.41% | - | - | - |
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) | $144 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC13708 | ||
| MFC13709 | ||
| MFC13710 |
Investment Objectives
The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and long-term capital appreciation. 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: 40% - 60% equity securities; 30% - 60% 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 Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| 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 | 1.20% |
|---|---|
| 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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