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Mackenzie FuturePath Monthly Income Balanced Portfolio PA

Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

NAVPS
(10-09-2025)
$17.10
Change
$0.01 (0.07%)

As at September 30, 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 2025$10,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie FuturePath Monthly Income Balanced Portfolio PA

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Fund Returns

Inception Return (July 06, 2022): 9.39%

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 2.22% 5.02% 6.80% 7.41% 9.53% 12.92% 10.75% - - - - - - -
Benchmark 3.57% 6.62% 9.56% 10.19% 13.79% 17.90% 15.33% 7.02% 7.31% 7.73% 7.63% 7.72% 7.32% 7.49%
Category Average 2.60% 4.88% 7.95% 8.71% 9.92% 14.33% 11.78% 5.30% 6.60% 6.15% 5.94% 5.76% 5.67% 5.80%
Category Rank 1,473 / 1,783 1,001 / 1,777 1,235 / 1,733 1,229 / 1,731 1,147 / 1,716 1,323 / 1,653 1,204 / 1,615 - - - - - - -
Quartile Ranking 4 3 3 3 3 4 3 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund 0.14% 2.29% -0.45% 2.13% 0.08% -1.60% -1.21% 1.66% 1.26% 0.81% 1.91% 2.22%
Benchmark 0.21% 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53% 1.48% 1.44% 3.57%

Best Monthly Return Since Inception

3.98% (November 2022)

Worst Monthly Return Since Inception

-2.57% (September 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 8.29% 12.26%
Benchmark 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69% 17.48%
Category Average 2.99% 5.05% 7.69% -3.99% 13.52% 7.16% 9.69% -11.26% 9.53% 12.15%
Quartile Ranking - - - - - - - - 3 3
Category Rank - - - - - - - - 1,186/ 1,623 1,103/ 1,676

Best Calendar Return (Last 10 years)

12.26% (2024)

Worst Calendar Return (Last 10 years)

8.29% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 26.69
International Equity 15.00
Canadian Equity 13.78
Canadian Government Bonds 11.03
Canadian Corporate Bonds 10.37
Other 23.13

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.03
Technology 13.64
Financial Services 13.14
Cash and Cash Equivalent 7.12
Consumer Services 4.50
Other 24.57

Geographic Allocation

Geographic Allocation
Name Percent
North America 81.91
Europe 9.71
Asia 6.16
Latin America 1.09
Africa and Middle East 0.05
Other 1.08

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Equity Income Fund Series R 56.31
Mackenzie Unconstrained Fixed Income Fund A 21.81
Mackenzie Canadian Bond Fund Series A 13.13
Mackenzie Sovereign Bond Fund Series R 8.75
Cash and Cash Equivalents 0.00

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return4567891011121314150%5%10%15%20%

Mackenzie FuturePath Monthly Income Balanced Portfolio PA

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 5.52% - -
Beta 0.72% - -
Alpha 0.00% - -
Rsquared 0.87% - -
Sharpe 1.16% - -
Sortino 2.58% - -
Treynor 0.09% - -
Tax Efficiency - - -
Volatility Volatility rating is 2 on a scale of 1 to 10 - -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.73% 5.52% - -
Beta 0.69% 0.72% - -
Alpha 0.00% 0.00% - -
Rsquared 0.91% 0.87% - -
Sharpe 1.33% 1.16% - -
Sortino 2.53% 2.58% - -
Treynor 0.09% 0.09% - -
Tax Efficiency 88.74% - - -

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 Monthly
Assets ($mil) $275

Fund Codes

FundServ Code Load Code Sales Status
MFC13726
MFC13727
MFC13728

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a balance of income and long-term capital appreciation with reduced volatility. 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. It may also use derivatives. Any proposed change in

Investment Strategy

The strategic long-term asset mix may change in reaction to, or in anticipation of, market changes. However, it will generally be kept within the following ranges: 40% - 60% equity securities; 25% - 60% fixed-income securities. In addition to fixed income and equity exposures, the Fund may also invest in alternative mutual funds. The Fund will also allocate a small portion of its portfolio to cash and/or commodities.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • 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 1.07%
Management Fee 0.70%
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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