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Sector Equity

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

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(04-12-2024)
$40.46
Change
-$0.24 (-0.58%)

As at March 31, 2024

As at January 31, 2024

As at February 29, 2024

Period
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Legend

IG Mackenzie Global Health Care Fund Series A

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Fund Returns

Inception Return (October 24, 2002): 7.21%

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 1.65% 3.76% -1.73% 9.09% 12.58% 6.57% 9.17% 9.68% 9.63% 9.83% 8.44% 8.82% 6.34% 9.15%
Benchmark 4.14% 6.62% 15.26% 6.62% 13.96% 3.95% 9.11% 16.99% 9.96% 9.65% 8.48% 9.70% 7.76% 7.67%
Category Average 1.75% 21.53% 21.53% 10.46% 26.42% 7.93% 5.18% 15.21% 11.07% 11.30% 11.63% 12.17% 10.44% 11.78%
Category Rank 123 / 197 106 / 196 144 / 192 106 / 196 123 / 176 94 / 158 49 / 143 94 / 137 65 / 126 65 / 118 65 / 93 61 / 93 66 / 86 56 / 75
Quartile Ranking 3 3 3 3 3 3 2 3 3 3 3 3 4 3

Monthly Return

Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund 3.62% -4.19% 0.52% 1.23% 1.35% -2.34% -1.73% 2.98% 1.98% 3.76% 3.43% 1.65%
Benchmark 2.90% -4.95% 3.36% 2.58% -1.37% -3.33% -3.21% 7.48% 3.91% 0.55% 1.82% 4.14%

Best Monthly Return Since Inception

10.48% (January 2015)

Worst Monthly Return Since Inception

-8.27% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 28.36% 21.43% -10.18% 8.56% 5.92% 14.45% 11.15% 18.50% 0.49% -1.00%
Benchmark 10.55% -8.32% 21.08% 9.10% -8.89% 22.88% 5.60% 25.09% -5.84% 11.75%
Category Average 17.30% 16.21% -0.43% 20.39% 1.55% 22.37% 29.99% 15.34% -25.24% 26.53%
Quartile Ranking 2 2 4 4 2 4 3 2 1 4
Category Rank 22/ 75 36/ 86 74/ 93 76/ 93 34/ 113 102/ 124 98/ 134 61/ 139 22/ 156 138/ 167

Best Calendar Return (Last 10 years)

28.36% (2014)

Worst Calendar Return (Last 10 years)

-10.18% (2016)

Asset Allocation

Asset Allocation
Name Percent
US Equity 70.95
International Equity 28.55
Canadian Equity 0.39
Cash and Equivalents 0.15
Other -0.04

Sector Allocation

Sector Allocation
Name Percent
Healthcare 98.39
Consumer Services 0.25
Consumer Goods 0.19
Cash and Cash Equivalent 0.15
Industrial Services 0.10
Other 0.92

Geographic Allocation

Geographic Allocation
Name Percent
North America 71.48
Europe 21.58
Asia 5.87
Africa and Middle East 1.11
Other -0.04

Top Holdings

Top Holdings
Name Percent
Eli Lilly and Co 6.16
UnitedHealth Group Inc 5.60
Johnson & Johnson 5.53
Abbvie Inc 4.87
Novo Nordisk A/S Cl B 4.16
Novartis AG Cl N 3.78
Merck & Co Inc 3.31
Amgen Inc 3.26
Thermo Fisher Scientific Inc 3.16
Stryker Corp 2.65

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Global Health Care Fund Series A

Median

Other - Sector Equity

3 Yr Annualized

Standard Deviation 11.24% 11.05% 11.89%
Beta 0.46% 0.32% 0.32%
Alpha 0.05% 0.06% 0.07%
Rsquared 0.30% 0.21% 0.12%
Sharpe 0.61% 0.71% 0.68%
Sortino 0.91% 1.02% 0.87%
Treynor 0.15% 0.25% 0.25%
Tax Efficiency 98.12% 98.83% 97.82%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.84% 11.24% 11.05% 11.89%
Beta 0.52% 0.46% 0.32% 0.32%
Alpha 0.05% 0.05% 0.06% 0.07%
Rsquared 0.58% 0.30% 0.21% 0.12%
Sharpe 0.85% 0.61% 0.71% 0.68%
Sortino 1.68% 0.91% 1.02% 0.87%
Treynor 0.14% 0.15% 0.25% 0.25%
Tax Efficiency 100.00% 98.12% 98.83% 97.82%

Fundata ESG Metrics

Fundata ESG Score

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

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

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

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.

Fund Details

Start Date October 24, 2002
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $333

Fund Codes

FundServ Code Load Code Sales Status
IGI1946

Investment Objectives

The Class aims to provide long-term capital growth by investing in the common shares of global corporations engaged in the development, production or distribution of products and services related to the treatment or prevention of medical diseases or other medical-related problems.

Investment Strategy

The Class will: invest in various health care sub-sectors, health care services and biotechnology; employ a stock selection process driven by a combined approach to fundamental scientific and quantitative analysis; invest in corporations that have strong management teams, are well-established and have favourable earnings outlooks; allocate a portion of the Class to more innovative corporations with faster growth profiles.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 01-06-2020
Zi Jian (Richard) Zhu 09-29-2021
Michael Kapler 08-31-2023

Management and Organization

Fund Manager I.G. Investment Management, Ltd.
Advisor I.G. Investment Management, Ltd.
Custodian Canadian Imperial Bank of Commerce
Registrar I.G. Investment Management, Ltd.
Distributor Investors Group Financial Services Inc.
Auditor Deloitte LLP

Investment Minimums

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

Fees

MER 2.74%
Management Fee 1.95%
Load Back Fee Only
FE Max -
DSC Max 0.00%
LL Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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