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Mackenzie FuturePath Monthly Income Growth Portfolio PA

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Global Equity Balanced

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade B

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-16-2025) 		$17.63
Change
$0.06 (0.35%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Sep 2022Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025Sep 2022Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025$9,000$10,000$11,000$12,000$13,000$14,000Period

Legend

Mackenzie FuturePath Monthly Income Growth Portfolio PA

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Fund Returns

Inception Return (July 06, 2022): 9.92%

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 -1.69% -4.20% 1.07% -1.49% 10.88% 9.12% - - - - - - - -
Benchmark -2.54% -5.91% 0.78% -2.84% 11.49% 12.43% 10.67% 6.78% 9.16% 7.82% 7.95% 7.59% 8.99% 8.19%
Category Average -1.92% -5.08% 0.21% -1.93% 8.87% 9.22% 7.36% 4.70% 7.93% 5.91% 5.80% 5.41% 6.28% 5.36%
Category Rank 433 / 1,330 393 / 1,329 414 / 1,328 543 / 1,329 361 / 1,308 737 / 1,235 - - - - - - - -
Quartile Ranking 2 2 2 2 2 3 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 2.39% -0.05% 2.73% 0.82% 2.78% 0.70% 2.91% -0.30% 2.83% -0.45% -2.11% -1.69%
Benchmark 2.36% 2.01% 3.06% -0.02% 2.38% 0.42% 3.57% 0.16% 3.26% -0.48% -3.00% -2.54%

Best Monthly Return Since Inception

4.67% (November 2022)

Worst Monthly Return Since Inception

-3.15% (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 - - - - - - - - 9.50% 16.81%
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% 15.99%
Quartile Ranking - - - - - - - - 4 3
Category Rank - - - - - - - - 952/ 1,221 668/ 1,304

Best Calendar Return (Last 10 years)

16.81% (2024)

Worst Calendar Return (Last 10 years)

9.50% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 43.55
International Equity 21.42
Canadian Equity 19.94
Cash and Equivalents 3.41
Canadian Government Bonds 3.37
Other 8.31

Sector Allocation

Sector Allocation
Name Percent
Financial Services 19.48
Technology 19.43
Fixed Income 11.18
Consumer Services 6.74
Healthcare 6.23
Other 36.94

Geographic Allocation

Geographic Allocation
Name Percent
North America 77.48
Europe 14.49
Asia 7.63
Latin America 0.10
Africa and Middle East 0.07
Other 0.23

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Equity Income Fund Series R 86.56
Mackenzie Unconstrained Fixed Income Fund A 6.71
Mackenzie Canadian Bond Fund Series A 4.04
Mackenzie Sovereign Bond Fund Series R 2.69
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.

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 6.34% - - -
Beta 0.77% - - -
Alpha 0.02% - - -
Rsquared 0.87% - - -
Sharpe 1.08% - - -
Sortino 2.37% - - -
Treynor 0.09% - - -
Tax Efficiency 91.93% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A71.8​71.849.5​49.50%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: A73.7​73.750.5​50.50%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: A70.0​70.048.6​48.60%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: A80.2​80.250.2​50.20%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 Monthly
Assets ($mil) $121

Fund Codes

FundServ Code Load Code Sales Status
MFC13738
MFC13739
MFC13740

Investment Objectives

The Fund seeks to provide investors with a diversified portfolio designed to provide a steady stream of income and capital growth 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.

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: 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 will rebalance the percentage of the Fund invested in each asset class.

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 1.16%
Management Fee 0.75%
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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