Fund Library Home Page
Sign In Français

My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Fund Search
ETF Search
Stock Search

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info

Mackenzie Income Fund Series A

  • Premium Feature Only
Add to My Watchlist

Canadian Fix Inc Balanced

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020, 2019, 2018, 2017

Click for more information on Fundata’s FundGrade

NAVPS
(07-25-2024) 		$1.56
Change
$0.00 (0.06%)

As at June 30, 2024

As at April 30, 2024

Period
Loading...

Legend

Mackenzie Income Fund Series A

Compare Options

Fund Returns

Inception Return (September 30, 1974): 7.33%

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 0.66% 0.55% 1.76% 1.76% 5.54% 4.97% -0.16% 1.39% 1.83% 2.44% 2.38% 2.71% 2.75% 2.90%
Benchmark 1.88% 0.62% 1.28% 1.28% 5.85% 5.31% 0.23% 1.56% 2.35% 3.07% 3.09% 3.03% 3.13% 3.27%
Category Average 0.65% 2.45% 2.45% 2.45% 6.52% 5.78% 0.37% 2.04% 2.18% 2.55% 2.48% 2.62% 2.53% 2.64%
Category Rank 271 / 421 334 / 421 345 / 420 345 / 420 354 / 418 326 / 415 281 / 389 252 / 355 242 / 344 203 / 309 184 / 290 156 / 277 142 / 256 133 / 246
Quartile Ranking 3 4 4 4 4 4 3 3 3 3 3 3 3 3

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund -0.24% -0.69% -2.67% -0.21% 4.35% 3.29% -0.70% 0.61% 1.30% -2.01% 1.94% 0.66%
Benchmark -0.16% -0.48% -2.80% -0.48% 5.03% 3.54% -0.88% 0.16% 1.39% -1.91% 0.69% 1.88%

Best Monthly Return Since Inception

9.20% (August 1982)

Worst Monthly Return Since Inception

-10.45% (April 1981)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 7.89% 1.77% 6.16% 4.36% -2.20% 10.36% 6.97% 3.58% -10.20% 6.36%
Benchmark 9.52% 0.56% 6.19% 4.30% -1.25% 10.87% 8.35% 3.73% -9.93% 7.79%
Category Average 6.62% 1.24% 4.06% 3.92% -2.19% 9.07% 6.42% 3.91% -9.95% 7.21%
Quartile Ranking 2 3 1 2 3 2 3 3 3 4
Category Rank 84/ 238 176/ 254 63/ 264 139/ 287 194/ 300 102/ 324 191/ 353 225/ 376 218/ 392 330/ 416

Best Calendar Return (Last 10 years)

10.36% (2019)

Worst Calendar Return (Last 10 years)

-10.20% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 29.03
Canadian Government Bonds 21.89
Canadian Equity 14.73
US Equity 8.91
Cash and Equivalents 8.00
Other 17.44

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 61.48
Cash and Cash Equivalent 8.00
Financial Services 7.48
Technology 4.17
Energy 4.06
Other 14.81

Geographic Allocation

Geographic Allocation
Name Percent
North America 91.74
Europe 5.09
Latin America 1.61
Asia 1.45
Multi-National 0.08
Other 0.03

Top Holdings

Top Holdings
Name Percent
Cash and Cash Equivalents 3.75
Ontario Province 3.65% 02-Jun-2033 2.81
Ontario Province 4.15% 02-Jun-2034 2.54
Mackenzie North American Corporate Bond Fund A 2.20
Quebec Province 4.40% 01-Dec-2055 2.14
Ontario Province 4.15% 02-Dec-2054 1.79
Canada Government 2.75% 01-Dec-2055 1.71
Mackenzie Credit Absolute Return Fund Series A 1.21
Mackenzie Canadian Aggregate Bond Index ETF (QBB) 1.19
Royal Bank of Canada 1.09

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

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

Risk vs Return (3 Yr)

Mackenzie Income Fund Series A

Median

Other - Canadian Fix Inc Balanced

3 Yr Annualized

Standard Deviation 7.39% 7.09% 5.80%
Beta 0.96% 0.93% 0.94%
Alpha 0.00% 0.00% 0.00%
Rsquared 0.96% 0.96% 0.93%
Sharpe -0.39% 0.00% 0.27%
Sortino -0.53% -0.18% 0.01%
Treynor -0.03% 0.00% 0.02%
Tax Efficiency - 60.51% 62.47%
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 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 7.05% 7.39% 7.09% 5.80%
Beta 0.89% 0.96% 0.93% 0.94%
Alpha 0.00% 0.00% 0.00% 0.00%
Rsquared 0.93% 0.96% 0.96% 0.93%
Sharpe 0.11% -0.39% 0.00% 0.27%
Sortino 0.66% -0.53% -0.18% 0.01%
Treynor 0.01% -0.03% 0.00% 0.02%
Tax Efficiency 86.45% - 60.51% 62.47%

Fund Details

Start Date September 30, 1974
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,226

Fund Codes

FundServ Code Load Code Sales Status
MFC1609
MFC281
MFC291
MFC3324
MFC7038

Investment Objectives

The Fund seeks a steady flow of income with reasonable safety of capital by investing primarily in a combination of fixed-income and equity securities of issuers anywhere in the world.

Investment Strategy

The Fund’s asset mix will generally be kept within the following ranges: 10-40% equity securities; 60-90% fixed-income securities, including cash and cash-equivalents. The asset allocation portfolio manager will adjust the percentage of the Fund invested in each asset class based on changes in the market outlook for each asset class.

Portfolio Manager(s)

Name Start Date
Steve Locke 06-04-2010
Konstantin Boehmer 07-01-2013
Darren McKiernan 12-09-2013
Tim Johal 02-20-2020

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar Mackenzie Financial Corporation
Distributor -
Auditor Deloitte & Touche LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 1.90%
Management Fee 1.50%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max 5.50%
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

Join Fund Library now and get free access to personalized features to help you manage your investments.

Sign up Now More Info