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Canadian Equity Balanced
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Click for more information on Fundata’s ESG Grade
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|
NAVPS (09-06-2024) |
$23.09 |
|---|---|
| Change |
-$0.16
(-0.68%)
|
As at July 31, 2024
As at May 31, 2024
As at July 31, 2024
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Inception Return (January 03, 1950): 7.81%
| 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 | 3.86% | 6.61% | 9.01% | 9.20% | 12.19% | 8.70% | 3.95% | 7.67% | 6.47% | 5.79% | 5.95% | 5.43% | 5.02% | 4.94% |
| Benchmark | 4.94% | 6.78% | 9.55% | 9.63% | 13.60% | 9.60% | 5.49% | 9.05% | 8.03% | 7.45% | 7.70% | 7.28% | 6.94% | 6.19% |
| Category Average | 4.05% | 8.04% | 8.04% | 8.51% | 12.20% | 8.28% | 4.61% | 8.03% | 6.42% | 5.78% | 5.88% | 5.71% | 5.32% | 5.00% |
| Category Rank | 215 / 372 | 147 / 372 | 119 / 370 | 156 / 369 | 212 / 369 | 196 / 367 | 254 / 358 | 218 / 331 | 187 / 329 | 196 / 313 | 173 / 287 | 199 / 270 | 191 / 253 | 176 / 233 |
| Quartile Ranking | 3 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 4 |
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.94% | -3.19% | -1.35% | 5.31% | 3.13% | 0.18% | 2.24% | 2.40% | -2.32% | 2.20% | 0.43% | 3.86% |
| Benchmark | -1.08% | -3.16% | -2.30% | 6.66% | 3.79% | 0.07% | 1.27% | 3.22% | -1.85% | 2.08% | -0.32% | 4.94% |
13.38% (January 1975)
-15.19% (October 1987)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.42% | -1.03% | 10.14% | 4.27% | -7.08% | 14.48% | 5.35% | 17.31% | -10.15% | 9.26% |
| Benchmark | 10.25% | -5.39% | 15.95% | 7.50% | -6.34% | 18.83% | 6.85% | 17.62% | -7.12% | 10.48% |
| Category Average | 8.24% | -2.09% | 10.63% | 6.12% | -6.63% | 14.36% | 4.77% | 15.38% | -7.74% | 9.70% |
| Quartile Ranking | 2 | 3 | 3 | 4 | 3 | 3 | 3 | 2 | 4 | 3 |
| Category Rank | 95/ 225 | 167/ 251 | 135/ 259 | 233/ 271 | 200/ 300 | 217/ 320 | 179/ 329 | 117/ 355 | 280/ 363 | 210/ 367 |
17.31% (2021)
-10.15% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 45.83 |
| US Equity | 18.98 |
| Canadian Corporate Bonds | 10.60 |
| Canadian Government Bonds | 8.21 |
| International Equity | 6.88 |
| Other | 9.50 |
| Name | Percent |
|---|---|
| Fixed Income | 22.32 |
| Financial Services | 18.61 |
| Technology | 9.82 |
| Energy | 8.32 |
| Consumer Services | 7.06 |
| Other | 33.87 |
| Name | Percent |
|---|---|
| North America | 90.54 |
| Europe | 5.20 |
| Multi-National | 1.90 |
| Asia | 1.23 |
| Latin America | 0.52 |
| Other | 0.61 |
| Name | Percent |
|---|---|
| Royal Bank of Canada | 3.38 |
| Toronto-Dominion Bank | 2.00 |
| Canadian National Railway Co | 1.91 |
| iShares MSCI EAFE ETF (EFA) | 1.81 |
| Canadian Pacific Kansas City Ltd | 1.81 |
| Ontario Province 4.15% 02-Jun-2034 | 1.74 |
| Mackenzie International Quantitative Large Cap Fund | 1.57 |
| Microsoft Corp | 1.42 |
| Bank of Montreal | 1.38 |
| Mackenzie International Dividend Fund Series A | 1.37 |
IG Mackenzie Mutual of Canada Series C
Median
Other - Canadian Equity Balanced
| Standard Deviation | 10.63% | 11.70% | 9.51% |
|---|---|---|---|
| Beta | 0.91% | 0.91% | 0.89% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.96% | 0.91% |
| Sharpe | 0.12% | 0.41% | 0.40% |
| Sortino | 0.19% | 0.48% | 0.34% |
| Treynor | 0.01% | 0.05% | 0.04% |
| Tax Efficiency | 69.41% | 84.13% | 73.45% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.05% | 10.63% | 11.70% | 9.51% |
| Beta | 0.83% | 0.91% | 0.91% | 0.89% |
| Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.95% | 0.95% | 0.96% | 0.91% |
| Sharpe | 0.78% | 0.12% | 0.41% | 0.40% |
| Sortino | 1.88% | 0.19% | 0.48% | 0.34% |
| Treynor | 0.09% | 0.01% | 0.05% | 0.04% |
| Tax Efficiency | 89.08% | 69.41% | 84.13% | 73.45% |
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.
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.
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.
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.
| Start Date | January 03, 1950 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Quarterly |
| Assets ($mil) | $1,579 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI078 |
The Fund aims to provide an above-average income yield and long-term capital growth by investing primarily in debt and equity investments of Canadian corporations involved in various industries.
The Fund is expected to maintain a relatively stable asset mix of primarily equities and some fixed income investments based on pre-established guidelines, but there is no restriction on the weighting that may be placed on any type of investments. Generally, the Fund will not invest more than 50% of its assets in foreign securities. The Fund may engage in Securities Lending, Repurchase and Reverse Repurchase Transactions, and use Derivatives.
| Name | Start Date |
|---|---|
| I.G. Investment Management, Ltd. | 01-06-2020 |
| Shah Khan | 02-02-2021 |
| Benoit Gervais | 02-02-2021 |
| Zi Jian (Richard) Zhu | 09-29-2021 |
| Konstantin Boehmer | 08-30-2022 |
| Katherine Owen | 08-31-2023 |
| Darren McKiernan | 08-31-2023 |
| 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 |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 10,000 |
| SWP Min Withdrawal | 100 |
| MER | 2.86% |
|---|---|
| Management Fee | 1.90% |
| 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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