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Mackenzie Bluewater Next Gen Growth Fund Series A

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Global Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

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

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

NAVPS
(05-02-2025) 		$15.17
Change
$0.21 (1.38%)

As at March 31, 2025

As at January 31, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Nov 2022Jan 2023Mar 2023May 2023Jul 2023Sep 2023Nov 2023Jan 2024Mar 2024May 2024Jul 2024Sep 2024Nov 2024Jan 2025Mar 2025Nov 2022Mar 2023Jul 2023Nov 2023Mar 2024Jul 2024Nov 2024Mar 2025Mar …$10,000$12,000$14,000$16,000$18,000Period

Legend

Mackenzie Bluewater Next Gen Growth Fund Series A

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Fund Returns

Inception Return (October 17, 2022): 17.59%

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 -6.65% -5.27% -0.29% -5.27% 3.29% 12.86% - - - - - - - -
Benchmark -4.18% -1.44% 3.79% -1.44% 13.36% 18.11% 11.87% 10.29% 15.45% 11.45% 10.65% 10.79% 11.61% 10.18%
Category Average -4.14% -1.11% 1.62% -1.11% 8.50% 13.52% 8.34% 7.18% 12.79% 8.81% 8.13% 8.24% 8.85% 7.55%
Category Rank 1,861 / 2,110 1,843 / 2,100 1,682 / 2,082 1,843 / 2,100 1,828 / 2,027 1,203 / 1,886 - - - - - - - -
Quartile Ranking 4 4 4 4 4 3 - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-10%-5%0%5%10%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -4.26% 1.26% 2.82% 1.04% 1.59% 1.24% -1.34% 7.47% -0.72% 4.87% -3.22% -6.65%
Benchmark -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44% 0.14% 3.94% -1.04% -4.18%

Best Monthly Return Since Inception

11.06% (November 2023)

Worst Monthly Return Since Inception

-6.65% (March 2025)

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 - - - - - - - - 22.86% 19.41%
Benchmark 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37% 26.84%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - - 1 3
Category Rank - - - - - - - - 234/ 1,883 1,233/ 2,000

Best Calendar Return (Last 10 years)

22.86% (2023)

Worst Calendar Return (Last 10 years)

19.41% (2024)

Asset Allocation

Asset Allocation
Name Percent
US Equity 76.65
International Equity 14.37
Canadian Equity 6.35
Cash and Equivalents 2.63

Sector Allocation

Sector Allocation
Name Percent
Technology 42.28
Industrial Goods 14.26
Healthcare 11.79
Consumer Services 9.28
Consumer Goods 9.02
Other 13.37

Geographic Allocation

Geographic Allocation
Name Percent
North America 85.63
Europe 14.38
Other -0.01

Top Holdings

Top Holdings
Name Percent
Amazon.com Inc 5.22
Microsoft Corp 4.57
Roper Technologies Inc 4.35
Amphenol Corp Cl A 4.22
Apple Inc 4.12
Thermo Fisher Scientific Inc 3.89
Copart Inc 3.45
Cash and Cash Equivalents 3.43
Cadence Design Systems Inc 3.34
Shopify Inc Cl A 3.28

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 13.53% - - -
Beta 1.40% - - -
Alpha -0.14% - - -
Rsquared 0.86% - - -
Sharpe 0.01% - - -
Sortino 0.12% - - -
Treynor 0.00% - - -
Tax Efficiency 100.00% - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A27.9​27.955.5​55.50%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: A37.4​37.457.0​57.00%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: A22.3​22.355.4​55.40%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: A19.7​19.754.3​54.30%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 October 17, 2022
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $48

Fund Codes

FundServ Code Load Code Sales Status
MFC9518
MFC9519
MFC9520

Investment Objectives

The Fund seeks to provide capital growth over the longer term by investing primarily in equity securities issued by companies of any size, anywhere in the world that have the potential to be drivers or beneficiaries of innovation.

Investment Strategy

The Fund aims to identify companies which the team believes are able to be innovative leaders in their industry. These companies attempt to drive innovation or benefit from the application of certain types of innovation: (i) Product Innovation: the development of innovative products or features; (ii) Service Innovation: the creation and introduction of new services for customers and partners; or (iii) Business Model Innovation: the development of innovative business models and revenue streams.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Dina DeGeer
  • David Arpin
  • Tyler Hewlett
  • David Taylor
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation
Custodian

-
Registrar

-
Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.49%
Management Fee 2.00%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) 1.00%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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