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IG Mackenzie European Equity Fund Series C

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European Equity

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

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
(07-24-2025) 		$21.10
Change
$0.10 (0.46%)

As at June 30, 2025

As at April 30, 2025

As at June 30, 2025

Period
Created with Highcharts 10.3.3Jan 1992Jan 1…Jan 1994Jan 1996Jan 1998Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Apr 2025Jan 1995Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020Jan 2025J…$10,000$30,000$50,000$70,000$90,000$8,000$12,000$14,000$16,000$18,000Period

Legend

IG Mackenzie European Equity Fund Series C

Compare Options

Fund Returns

Inception Return (September 11, 1990): 5.74%

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 2.07% 5.44% 12.51% 12.51% 10.71% 12.77% 16.60% 7.01% 9.37% 6.54% 5.19% 5.11% 6.06% 4.62%
Benchmark 1.43% 6.31% 16.96% 16.96% 18.91% 17.19% 19.56% 9.52% 12.25% 9.67% 8.35% 8.26% 9.73% 7.83%
Category Average 0.59% 4.42% 11.12% 11.12% 13.48% 13.13% 15.01% 5.36% 8.57% 6.51% 5.25% 5.22% 6.27% 4.97%
Category Rank 8 / 98 24 / 97 38 / 97 38 / 97 53 / 97 45 / 97 34 / 97 37 / 97 45 / 95 63 / 95 62 / 88 55 / 84 49 / 73 48 / 67
Quartile Ranking 1 1 2 2 3 2 2 2 2 3 3 3 3 3

Monthly Return

Created with Highcharts 10.3.3-6%-4%-2%0%2%4%6%8%10%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 3.32% 1.25% -0.90% -4.08% -1.46% 0.42% 5.72% 3.19% -2.19% -1.28% 4.65% 2.07%
Benchmark 3.38% 1.39% 0.64% -3.03% -0.82% 0.21% 7.45% 3.09% -0.68% 0.46% 4.34% 1.43%

Best Monthly Return Since Inception

15.12% (November 2020)

Worst Monthly Return Since Inception

-14.75% (September 2008)

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 17.40% -7.85% 14.29% -11.48% 15.27% -0.35% 11.35% -9.16% 15.48% 6.54%
Benchmark 17.20% -3.54% 18.15% -7.68% 19.54% 3.59% 15.26% -10.82% 17.51% 10.66%
Category Average 17.33% -5.77% 14.98% -9.04% 15.21% 3.84% 11.84% -15.77% 16.91% 8.55%
Quartile Ranking 3 3 3 4 3 3 3 1 3 3
Category Rank 40/ 67 49/ 69 49/ 79 67/ 87 60/ 92 71/ 95 68/ 97 21/ 97 70/ 97 71/ 97

Best Calendar Return (Last 10 years)

17.40% (2015)

Worst Calendar Return (Last 10 years)

-11.48% (2018)

Asset Allocation

Asset Allocation
Name Percent
International Equity 100.03
Cash and Equivalents -0.03

Sector Allocation

Sector Allocation
Name Percent
Financial Services 22.99
Industrial Goods 15.70
Healthcare 14.73
Consumer Goods 13.05
Energy 6.36
Other 27.17

Geographic Allocation

Geographic Allocation
Name Percent
Europe 97.22
North America 2.77
Other 0.01

Top Holdings

Top Holdings
Name Percent
Siemens AG Cl N 4.02
AstraZeneca PLC 3.62
BNP Paribas SA 3.60
Axa SA 2.98
Canadian Dollars 2.81
Cie de Saint Gobain SA 2.54
Sandvik AB 2.47
Heineken NV 2.31
Alstom SA 2.27
Cie Financiere Richemont SA 2.17

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1112131415161718192021222324255%10%15%20%25%30%35%

IG Mackenzie European Equity Fund Series C

Median

Other - European Equity

3 Yr Annualized

Standard Deviation 13.09% 14.74% 13.95%
Beta 0.97% 1.01% 1.00%
Alpha -0.02% -0.03% -0.03%
Rsquared 0.93% 0.93% 0.94%
Sharpe 0.94% 0.51% 0.27%
Sortino 2.08% 0.82% 0.26%
Treynor 0.13% 0.07% 0.04%
Tax Efficiency 94.59% 94.41% 92.75%
Volatility Volatility rating is 7 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10 Volatility rating is 8 on a scale of 1 to 10

Risk Rating

Rating 7 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.34% 13.09% 14.74% 13.95%
Beta 1.03% 0.97% 1.01% 1.00%
Alpha -0.08% -0.02% -0.03% -0.03%
Rsquared 0.91% 0.93% 0.93% 0.94%
Sharpe 0.71% 0.94% 0.51% 0.27%
Sortino 1.38% 2.08% 0.82% 0.26%
Treynor 0.07% 0.13% 0.07% 0.04%
Tax Efficiency 79.63% 94.59% 94.41% 92.75%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A17.8​17.815.7​15.70%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: A31.9​31.923.6​23.60%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: A30.8​30.827.6​27.60%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: A4.7​4.76.9​6.90%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 September 11, 1990
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $2,652

Fund Codes

FundServ Code Load Code Sales Status
IGI096

Investment Objectives

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

Investment Strategy

The Fund selects primarily the common shares of European companies based on the following criteria: prospects for economic growth, inflation, interest rates, currency strength, corporate profits, and stock market valuations for each country; and prospects for growth in earnings and stock market valuation outlooks for specific industries. The Fund may engage in Securities Lending, Repurchase and Reverse Repurchase Transactions, and use Derivatives.

Portfolio Management

Portfolio Manager

Mackenzie Investments Europe Limited

  • Seamus Kelly
Sub-Advisor

-

Management and Organization

Fund Manager

I.G. Investment Management, Ltd.
Custodian

Canadian Imperial Bank of Commerce
Registrar

I.G. Investment Management, Ltd.
Distributor

Investors Group Financial Services Inc.

Investors Group Securities Inc.

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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