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Mackenzie FuturePath US Value Fund PA

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U.S. Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade C

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-16-2025) 		$13.57
Change
$0.16 (1.19%)

As at April 30, 2025

As at February 28, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025Jan 2023May 2023Sep 2023Jan 2024May 2024Sep 2024Jan 2025$10,000$12,000$14,000$16,000Period

Legend

Mackenzie FuturePath US Value Fund PA

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Fund Returns

Inception Return (July 06, 2022): 14.09%

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 -7.68% -8.95% -1.71% -3.36% 6.20% 12.95% - - - - - - - -
Benchmark -4.57% -11.79% -2.47% -8.73% 12.63% 18.27% 15.08% 12.30% 15.44% 13.55% 14.27% 13.26% 14.84% 13.85%
Category Average -3.76% -11.90% -4.21% -8.32% 7.65% 13.97% 10.67% 7.68% 12.29% 9.92% 10.29% 9.82% 10.95% 9.80%
Category Rank 1,282 / 1,323 219 / 1,314 229 / 1,305 112 / 1,306 880 / 1,276 806 / 1,207 - - - - - - - -
Quartile Ranking 4 1 1 1 3 3 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr
Fund 1.74% -0.72% 4.28% 0.49% 0.51% 1.56% 6.49% -4.49% 6.14% 0.42% -1.80% -7.68%
Benchmark 4.13% 3.97% 2.12% 0.07% 2.23% 2.12% 6.59% 0.26% 3.46% -1.62% -6.04% -4.57%

Best Monthly Return Since Inception

7.57% (October 2022)

Worst Monthly Return Since Inception

-4.49% (December 2024)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%30%40%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - 8.58% 23.67%
Benchmark 20.77% 8.65% 13.80% 3.98% 25.18% 16.07% 28.16% -12.52% 23.32% 36.01%
Category Average 10.40% 6.16% 13.43% -2.19% 22.72% 13.97% 23.22% -14.41% 18.85% 26.98%
Quartile Ranking - - - - - - - - 4 3
Category Rank - - - - - - - - 1,091/ 1,177 872/ 1,263

Best Calendar Return (Last 10 years)

23.67% (2024)

Worst Calendar Return (Last 10 years)

8.58% (2023)

Asset Allocation

Asset Allocation
Name Percent
US Equity 91.63
International Equity 7.08
Cash and Equivalents 0.75
Canadian Equity 0.54

Sector Allocation

Sector Allocation
Name Percent
Financial Services 20.85
Healthcare 13.75
Industrial Goods 12.73
Consumer Goods 9.08
Energy 8.36
Other 35.23

Geographic Allocation

Geographic Allocation
Name Percent
North America 92.92
Europe 7.07
Other 0.01

Top Holdings

Top Holdings
Name Percent
Berkshire Hathaway Inc Cl B 3.59
JPMorgan Chase & Co 3.38
Kenvue Inc 2.60
Fiserv Inc 2.38
Keysight Technologies Inc 2.01
UnitedHealth Group Inc 1.82
AMETEK Inc 1.81
Deere & Co 1.77
Mcdonald's Corp 1.68
Bank of America Corp 1.67

Equity Style

Market capitalization is large. Equity style is growth.

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 14.13% - - -
Beta 0.80% - - -
Alpha -0.03% - - -
Rsquared 0.52% - - -
Sharpe 0.23% - - -
Sortino 0.42% - - -
Treynor 0.04% - - -
Tax Efficiency 84.92% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A56.8​56.856.7​56.70%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: A52.2​52.261.2​61.20%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: A55.3​55.351.4​51.40%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: A57.1​57.158.9​58.90%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) $29

Fund Codes

FundServ Code Load Code Sales Status
MFC13636
MFC13637
MFC13638

Investment Objectives

The Fund seeks long-term growth of capital by investing primarily in U.S. equity securities. Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of unitholders at a meeting called for that purpose.

Investment Strategy

The Fund uses a value style of investing and expects to invest predominantly in common stocks and may invest in companies of any market capitalization but will generally focus on large- and mid-cap companies that appear to be undervalued by various measures. The Fund expects to invest predominantly in common stocks, but may occasionally purchase other types of equity securities or equity-related instruments.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation
Sub-Advisor

T. Rowe Price (Canada) Inc.

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 1.41%
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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