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IG Mackenzie Global Resource Fund C NL

Natural Resources Equity

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

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
(01-20-2025)
$18.17
Change
$0.06 (0.31%)

As at December 31, 2024

As at October 31, 2024

As at December 31, 2024

Period

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
End of interactive chart.

Legend

IG Mackenzie Global Resource Fund C NL

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Fund Returns

Inception Return (July 15, 1996): 3.83%

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 -2.69% 0.11% 3.86% 11.54% 11.54% 8.00% 10.30% 18.84% 16.63% 15.37% 8.67% 6.10% 10.49% 6.36%
Benchmark -4.90% 0.08% 6.25% 19.24% 19.24% 8.77% 10.12% 12.88% 8.58% 10.42% 6.21% 5.19% 8.30% 4.56%
Category Average -4.87% -2.11% 0.84% 7.69% 7.69% 5.13% 7.75% 13.54% 11.78% 11.47% 5.97% 4.92% 8.42% 4.87%
Category Rank 17 / 117 35 / 117 32 / 115 54 / 115 54 / 115 46 / 114 68 / 110 34 / 108 23 / 107 26 / 107 32 / 105 53 / 95 39 / 90 45 / 80
Quartile Ranking 1 2 2 2 2 2 3 2 1 1 2 3 2 3

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -4.8999 to 10.7477.
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Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund -3.23% 2.76% 7.30% 2.26% 2.43% -3.91% 4.73% -1.79% 0.86% 0.77% 2.09% -2.69%
Benchmark -2.35% 0.51% 10.75% 3.47% 4.69% -4.69% 6.39% -0.48% 0.27% 4.24% 0.96% -4.90%

Best Monthly Return Since Inception

29.83% (April 2020)

Worst Monthly Return Since Inception

-31.54% (October 2008)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -24.521009 to 52.778916.
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Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund -24.52% 52.78% -10.25% -24.10% 9.24% 8.20% 48.63% 15.05% 4.57% 11.54%
Benchmark -23.78% 36.74% -1.69% -15.86% 20.06% -7.01% 21.57% 12.86% -0.78% 19.24%
Category Average -22.23% 40.92% -2.18% -21.77% 9.95% 5.03% 32.84% 13.19% 2.62% 7.69%
Quartile Ranking 4 2 4 3 3 1 1 3 2 2
Category Rank 63/ 80 27/ 90 90/ 95 78/ 105 74/ 107 19/ 107 16/ 108 79/ 110 40/ 114 54/ 115

Best Calendar Return (Last 10 years)

52.78% (2016)

Worst Calendar Return (Last 10 years)

-24.52% (2015)

Asset Allocation

Asset Allocation
Name Percent
Canadian Equity 42.82
International Equity 39.85
US Equity 14.71
Commodities 1.90
Income Trust Units 0.33
Other 0.39

Sector Allocation

Sector Allocation
Name Percent
Energy 40.90
Basic Materials 33.99
Mutual Fund 10.64
Industrial Goods 4.01
Real Estate 2.20
Other 8.26

Geographic Allocation

Geographic Allocation
Name Percent
North America 57.90
Europe 23.64
Multi-National 11.16
Latin America 2.61
Asia 1.87
Other 2.82

Top Holdings

Top Holdings
Name Percent
Mackenzie Global Energy Opportunities Long/Short Fund Series 10.64
Shell PLC - ADR 3.63
Tourmaline Oil Corp 3.59
TotalEnergies SE - ADR 3.29
Endeavour Mining PLC 2.81
Glencore PLC 2.60
Lundin Gold Inc 2.57
Advantage Energy Ltd 2.53
Barrick Gold Corp 2.43
Interfor Corp 2.34

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)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 16.3161 to 31.7743.
The chart has 1 Y axis displaying Return. Data ranges from -32.900279 to 37.487994.
End of interactive chart.

IG Mackenzie Global Resource Fund C NL

Median

Other - Natural Resources Equity

3 Yr Annualized

Standard Deviation 16.76% 24.46% 22.24%
Beta 0.84% 1.04% 1.05%
Alpha 0.02% 0.07% 0.02%
Rsquared 0.84% 0.85% 0.79%
Sharpe 0.45% 0.66% 0.31%
Sortino 0.71% 0.99% 0.38%
Treynor 0.09% 0.15% 0.07%
Tax Efficiency 100.00% 100.00% 99.73%
Volatility Volatility rating is 9 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10 Volatility rating is 10 on a scale of 1 to 10

Risk Rating

Rating 9 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 11.68% 16.76% 24.46% 22.24%
Beta 0.68% 0.84% 1.04% 1.05%
Alpha -0.01% 0.02% 0.07% 0.02%
Rsquared 0.85% 0.84% 0.85% 0.79%
Sharpe 0.62% 0.45% 0.66% 0.31%
Sortino 1.32% 0.71% 0.99% 0.38%
Treynor 0.11% 0.09% 0.15% 0.07%
Tax Efficiency 100.00% 100.00% 100.00% 99.73%

Fundata ESG Metrics

Fundata ESG Score

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 27.701437 to 31.788556.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 19.831355 to 21.291584.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 26.171143 to 28.262227.
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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

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying values. Data ranges from -0.5 to 0.5.
The chart has 1 Y axis displaying values. Data ranges from 46.09619 to 56.66377.
End of interactive chart.

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.

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Fund Details

Start Date July 15, 1996
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Partially Open
Currency CAD
Distribution Frequency Annual
Assets ($mil) $233

Fund Codes

FundServ Code Load Code Sales Status
IGI115

Investment Objectives

The Fund aims to provide long-term capital growth by investing primarily in securities issued by corporations from around the world involved in natural resource industries, or who supply goods and services to these industries.

Investment Strategy

The Fund: invests primarily in the global energy and materials industries which include the following sub-sectors: energy equipment and services; oil and gas; chemicals; construction materials; metals and mining; and paper and forest products; adheres to a disciplined research approach driven by fundamental analysis, integrating both quantitative and qualitive investment perspectives.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 12-09-2002
Benoit Gervais 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 2.83%
Management Fee 1.85%
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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