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Mackenzie Inflation-Focused Fund Series A

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Global Neutral Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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
(11-14-2025) 		$12.39
Change
-$0.03 (-0.27%)

As at October 31, 2025

As at August 31, 2025

As at October 31, 2025

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

Legend

Mackenzie Inflation-Focused Fund Series A

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Fund Returns

Inception Return (September 08, 2022): 9.64%

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 1.06% 6.94% 12.87% 14.44% 14.38% 15.47% 10.03% - - - - - - -
Benchmark 1.71% 6.86% 13.93% 12.08% 15.49% 18.78% 15.08% 7.46% 7.99% 7.83% 8.39% 7.39% 7.54% 7.46%
Category Average 0.98% 5.04% 10.69% 9.77% 11.48% 15.41% 11.30% 5.11% 7.16% 6.24% 6.64% 5.57% 5.84% 5.65%
Category Rank 1,007 / 1,783 155 / 1,777 491 / 1,773 64 / 1,727 403 / 1,722 1,000 / 1,661 1,285 / 1,613 - - - - - - -
Quartile Ranking 3 1 2 1 1 3 4 - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%
Monthly Return
Return % Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct
Fund 1.28% -1.31% 3.08% 0.52% 0.08% -2.22% 1.85% 2.54% 1.07% 2.24% 3.51% 1.06%
Benchmark 2.87% 0.17% 2.72% -0.03% -2.06% -2.19% 2.47% 2.53% 1.48% 1.44% 3.57% 1.71%

Best Monthly Return Since Inception

4.33% (October 2022)

Worst Monthly Return Since Inception

-3.87% (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 - - - - - - - - 4.47% 9.90%
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 - - - - - - - - 4 4
Category Rank - - - - - - - - 1,599/ 1,619 1,482/ 1,672

Best Calendar Return (Last 10 years)

9.90% (2024)

Worst Calendar Return (Last 10 years)

4.47% (2023)

Asset Allocation

Asset Allocation
Name Percent
Foreign Government Bonds 30.29
International Equity 22.01
US Equity 21.70
Cash and Equivalents 7.88
Foreign Corporate Bonds 7.67
Other 10.45

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.97
Technology 8.48
Cash and Cash Equivalent 7.87
Exchange Traded Fund 7.45
Basic Materials 6.93
Other 31.30

Geographic Allocation

Geographic Allocation
Name Percent
North America 69.72
Europe 10.04
Multi-National 8.06
Asia 5.40
Latin America 1.20
Other 5.58

Top Holdings

Top Holdings
Name Percent
Vanguard 500 Index ETF (VOO) 14.28
Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP) 9.62
United States Treasury 4.00% 31-May-2030 8.59
iShares Core MSCI EAFE ETF (IEFA) 7.54
Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) 7.22
Mackenzie Global Resource Fund Series A 6.04
Mackenzie Gold Bullion Fund Series A 4.95
Mackenzie Global Dividend Fund Series A 4.84
United States Treasury 0.13% 15-Apr-2027 4.65
United States Treasury 3.88% 31-May-2027 4.59

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return01234567891011120%5%10%15%20%25%

Mackenzie Inflation-Focused Fund Series A

Median

Other - Global Neutral Balanced

3 Yr Annualized

Standard Deviation 6.52% - -
Beta 0.83% - -
Alpha -0.02% - -
Rsquared 0.82% - -
Sharpe 0.90% - -
Sortino 1.79% - -
Treynor 0.07% - -
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 - -

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.89% 6.52% - -
Beta 0.76% 0.83% - -
Alpha 0.02% -0.02% - -
Rsquared 0.72% 0.82% - -
Sharpe 1.84% 0.90% - -
Sortino 3.65% 1.79% - -
Treynor 0.14% 0.07% - -
Tax Efficiency 90.38% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A80.7​80.753.5​53.50%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: A73.8​73.853.6​53.60%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: A80.6​80.653.0​53.00%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: A88.2​88.255.6​55.60%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 September 08, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $14

Fund Codes

FundServ Code Load Code Sales Status
MFC9490
MFC9491

Investment Objectives

The Fund seeks to provide long term capital appreciation by investing in a mix of equity and fixed income securities anywhere in the world which are expected to be collectively resilient to inflation. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.

Investment Strategy

The Fund is tactically managed and aims to provide consistent inflation-hedging characteristics and to generate returns in varying inflationary environments. The strategic long-term asset mix may change in reaction to, or anticipation of, market changes. However, it will generally be kept within the following ranges: 40-60% fixed income securities; 40-60% equity securities.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Felix Wong
  • Konstantin Boehmer
  • Onno Rutten
  • Benoit Gervais
  • Hadiza Djataou
  • Jeff Li
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

Canadian Imperial Bank of Commerce
Registrar

Mackenzie Financial Corporation
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.45%
Management Fee 1.85%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.00%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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