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IG Mackenzie Global Fund II C

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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 GradeA Click for more information on Fundata’s ESG Grade

Fundata ESG Grade A

Click for more information on Fundata’s ESG Grade.

NAVPS
(12-31-2024) 		$31.16
Change
$0.00 (0.01%)

As at November 30, 2024

As at September 30, 2024

As at July 31, 2024

Period
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Legend

IG Mackenzie Global Fund II C

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Fund Returns

Inception Return (March 14, 1996): 4.43%

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 3.56% 6.05% 13.19% 25.81% 27.36% 17.29% 8.70% 9.81% 7.76% 8.08% 5.65% 6.92% 6.55% 7.24%
Benchmark 4.44% 7.83% 13.43% 26.65% 29.86% 20.82% 10.82% 12.45% 12.38% 12.56% 10.99% 12.08% 11.25% 11.57%
Category Average 4.22% 6.05% 10.71% 21.71% 24.97% 16.24% 7.58% 9.61% 9.67% 10.01% 8.47% 9.46% 8.68% 8.63%
Category Rank 1,473 / 2,106 1,100 / 2,080 587 / 2,051 574 / 2,013 746 / 2,013 728 / 1,896 735 / 1,739 862 / 1,583 1,226 / 1,469 1,151 / 1,376 1,076 / 1,181 908 / 1,041 772 / 880 614 / 755
Quartile Ranking 3 3 2 2 2 2 2 3 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 1.23% 2.33% 5.05% 2.67% -2.22% 2.99% 3.33% 2.61% 0.67% 1.36% 1.03% 3.56%
Benchmark 2.53% 1.41% 5.64% 2.94% -1.84% 3.15% 2.29% 2.79% 0.04% 2.54% 0.69% 4.44%

Best Monthly Return Since Inception

8.40% (October 1998)

Worst Monthly Return Since Inception

-11.27% (September 2008)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 8.73% 16.47% 4.26% 11.52% -10.59% 16.89% 1.71% 13.83% -12.24% 12.61%
Benchmark 13.97% 16.88% 5.18% 16.29% -1.79% 21.41% 13.15% 17.62% -12.64% 19.37%
Category Average 8.33% 8.98% 3.86% 14.23% -5.38% 19.94% 11.73% 16.21% -13.86% 15.08%
Quartile Ranking 3 2 2 3 4 3 4 3 2 3
Category Rank 445/ 677 355/ 759 425/ 883 723/ 1,041 1,052/ 1,188 1,032/ 1,388 1,264/ 1,470 1,180/ 1,590 778/ 1,745 1,363/ 1,896

Best Calendar Return (Last 10 years)

16.89% (2019)

Worst Calendar Return (Last 10 years)

-12.24% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 63.56
International Equity 36.20
Cash and Equivalents 0.23
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Technology 27.23
Financial Services 13.87
Healthcare 12.14
Consumer Goods 10.37
Consumer Services 7.25
Other 29.14

Geographic Allocation

Geographic Allocation
Name Percent
North America 63.79
Europe 27.01
Asia 9.21
Other -0.01

Top Holdings

Top Holdings
Name Percent
Microsoft Corp 5.43
Apple Inc 4.17
NVIDIA Corp 2.96
JPMorgan Chase & Co 2.92
Amazon.com Inc 2.83
Meta Platforms Inc Cl A 2.54
Motorola Solutions Inc 2.41
Philip Morris International Inc 2.40
Alphabet Inc Cl A 2.38
Broadcom Inc 2.28

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 Fund II C

Median

Other - Global Equity

3 Yr Annualized

Standard Deviation 11.76% 12.35% 11.53%
Beta 0.89% 0.90% 0.94%
Alpha -0.01% -0.03% -0.03%
Rsquared 0.93% 0.93% 0.93%
Sharpe 0.47% 0.48% 0.53%
Sortino 0.76% 0.59% 0.58%
Treynor 0.06% 0.07% 0.06%
Tax Efficiency 100.00% 97.57% 98.50%
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 6 on a scale of 1 to 10

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 6.34% 11.76% 12.35% 11.53%
Beta 0.85% 0.89% 0.90% 0.94%
Alpha 0.02% -0.01% -0.03% -0.03%
Rsquared 0.85% 0.93% 0.93% 0.93%
Sharpe 3.17% 0.47% 0.48% 0.53%
Sortino - 0.76% 0.59% 0.58%
Treynor 0.24% 0.06% 0.07% 0.06%
Tax Efficiency 100.00% 100.00% 97.57% 98.50%

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.

View the full methodology

Fund Details

Start Date March 14, 1996
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $119

Fund Codes

FundServ Code Load Code Sales Status
IGI110

Investment Objectives

The Fund aims to provide long-term capital growth, primarily by investing in foreign equity markets.

Investment Strategy

The Fund selects investments of high-quality companies from around the world that offer above-average growth prospects. The Fund combines top-down macro and sector views with fundamental stock analysis. The Fund takes long-term strategic views in terms of geographic and sector allocation, while the Fund’s approach to stock selection emphasizes a fundamental approach placing importance on return on equity, free cash flow generation and price to book, among other metrics.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 05-10-2004
Ome Saidi 02-02-2021
Darren McKiernan 02-02-2021

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 KPMG LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 50
PAC Subsequent 50
SWP Allowed Yes
SWP Min Balance 250
SWP Min Withdrawal 100

Fees

MER 2.90%
Management Fee 1.95%
Load No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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