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Mackenzie USD Global Dividend Fund A

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Global Equity

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
(06-13-2025) 		$12.57
Change
-$0.15 (-1.16%)

As at May 31, 2025

As at March 31, 2025

As at May 31, 2025

Period
Created with Highcharts 10.3.3Jul 2023Sep 2023Nov 2023Jan 2024Feb 2024Apr 2024Jun 2024Aug 2024Oct 2024Dec 2024Jan 2025Mar 2025May 2025Sep 2023Jan 2024May 2024Sep 2024Jan 2025May 2025May 2…$10,000$11,000$12,000$13,000$9,000$14,000Period

Legend

Mackenzie USD Global Dividend Fund A

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Fund Returns

Inception Return (June 22, 2023): 13.45%

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 4.13% -0.60% 1.75% 3.59% 11.50% - - - - - - - - -
Benchmark 5.78% 2.81% 2.76% 5.38% 13.45% 18.32% 12.14% 6.88% 13.28% 11.84% 9.78% 10.12% 10.95% 9.23%
Category Average 5.09% -1.64% 0.15% 1.47% 10.88% 14.99% 11.56% 7.12% 10.59% 9.58% 8.35% 7.99% 8.85% 7.69%
Category Rank - - - - - - - - - - - - - -
Quartile Ranking - - - - - - - - - - - - - -

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%
Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 2.59% 1.48% 2.46% 0.72% -1.03% 3.05% -1.77% 3.58% 0.60% -3.38% -1.20% 4.13%
Benchmark 1.92% 1.88% 2.40% 2.44% -2.29% 3.74% -2.49% 3.25% -0.72% -3.77% 0.99% 5.78%

Best Monthly Return Since Inception

6.43% (November 2023)

Worst Monthly Return Since Inception

-3.38% (March 2025)

Calendar Return (%)

Created with Highcharts 10.3.3-30%-20%-10%0%10%20%30%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - - - - - - - 16.39%
Benchmark -1.88% 8.39% 24.49% -9.69% 27.52% 15.43% 18.12% -18.22% 22.24% 16.58%
Category Average 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08% 20.13%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

16.39% (2024)

Worst Calendar Return (Last 10 years)

16.39% (2024)

Asset Allocation

Asset Allocation
Name Percent
US Equity 59.03
International Equity 36.97
Cash and Equivalents 3.99
Income Trust Units 0.03
Other -0.02

Sector Allocation

Sector Allocation
Name Percent
Technology 22.56
Financial Services 16.48
Healthcare 11.62
Consumer Goods 9.75
Industrial Goods 7.75
Other 31.84

Geographic Allocation

Geographic Allocation
Name Percent
North America 62.97
Europe 26.55
Asia 10.43
Africa and Middle East 0.04
Latin America 0.01

Top Holdings

Top Holdings
Name Percent
SPDR S&P 500 ETF Trust (SPY) 5.84
Cash and Cash Equivalents 5.27
iShares MSCI EAFE ETF (EFA) 3.85
Microsoft Corp 3.60
Apple Inc 3.60
Philip Morris International Inc 2.82
JPMorgan Chase & Co 2.59
Abbvie Inc 2.51
Amazon.com Inc 2.48
Meta Platforms Inc Cl A 2.24

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 8.20% - - -
Beta 0.68% - - -
Alpha 0.02% - - -
Rsquared 0.72% - - -
Sharpe 0.94% - - -
Sortino 1.80% - - -
Treynor 0.11% - - -
Tax Efficiency - - - -

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A77.6​77.651.1​51.10%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: A80.8​80.851.8​51.80%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: A80.0​80.050.6​50.60%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: A69.8​69.852.2​52.20%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 June 22, 2023
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency USD
Distribution Frequency Annual
Assets ($mil) $22

Fund Codes

FundServ Code Load Code Sales Status
MFC7454
MFC7455
MFC7456

Investment Objectives

The Fund seeks long-term capital growth and current income in U.S. dollars by investing primarily in equity securities of companies anywhere in the world that pay, or may be expected to pay, dividends. The Fund may also invest in other types of securities that distribute, or may be expected to distribute, income.

Investment Strategy

The investment approach follows a disciplined investment process to construct a portfolio of attractively valued companies that combines above-average yield with the potential for growth. Stock selection is the primary contributor to value added, with attention paid to both upside potential and downside risk. Sector allocation is employed to manage overall portfolio risk.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Darren McKiernan
  • Katherine Owen
  • Omeonga Saidi
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 -
PAC Subsequent -
SWP Allowed Yes
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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