Join Fund Library now and get free access to personalized features to help you manage your investments.
Canadian Neutral Balanced
Click for more information on Fundata’s FundGrade
Click for more information on Fundata’s FundGrade.
|
NAVPS (09-16-2024) |
$8.31 |
|---|---|
| Change |
$0.03
(0.40%)
|
As at August 31, 2024
As at June 30, 2024
Loading...
Inception Return (January 16, 1989): 4.96%
| 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 | 0.55% | 4.26% | 6.66% | 8.27% | 12.83% | 8.87% | 1.56% | 4.06% | 3.80% | 3.55% | 3.64% | 3.26% | 3.28% | 2.99% |
| Benchmark | 0.91% | 5.73% | 7.95% | 8.50% | 13.85% | 9.28% | 3.69% | 6.18% | 5.97% | 6.14% | 6.15% | 5.77% | 5.96% | 5.07% |
| Category Average | 0.48% | 6.22% | 6.22% | 8.20% | 12.84% | 8.45% | 2.74% | 5.39% | 5.07% | 4.76% | 4.85% | 4.60% | 4.65% | 4.20% |
| Category Rank | 221 / 452 | 252 / 452 | 205 / 446 | 296 / 446 | 292 / 444 | 208 / 426 | 379 / 405 | 365 / 387 | 369 / 376 | 364 / 367 | 347 / 353 | 336 / 341 | 324 / 325 | 286 / 290 |
| Quartile Ranking | 2 | 3 | 2 | 3 | 3 | 2 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -3.18% | -1.43% | 5.44% | 3.57% | -0.08% | 1.58% | 2.42% | -2.36% | 2.30% | 0.32% | 3.37% | 0.55% |
| Benchmark | -3.01% | -1.57% | 6.01% | 3.69% | -0.31% | 0.82% | 2.49% | -1.88% | 1.52% | 0.56% | 4.19% | 0.91% |
6.60% (March 2009)
-8.81% (August 1998)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.74% | 0.52% | 5.43% | 2.79% | -5.02% | 11.32% | 3.83% | 9.22% | -12.08% | 8.68% |
| Benchmark | 9.98% | -3.02% | 11.97% | 6.22% | -4.30% | 15.62% | 7.61% | 11.90% | -8.20% | 9.43% |
| Category Average | 7.98% | 0.06% | 6.65% | 5.72% | -4.72% | 12.57% | 6.33% | 10.85% | -9.35% | 8.27% |
| Quartile Ranking | 4 | 3 | 4 | 4 | 3 | 4 | 4 | 4 | 4 | 2 |
| Category Rank | 232/ 288 | 157/ 301 | 293/ 333 | 331/ 346 | 249/ 357 | 324/ 367 | 306/ 377 | 340/ 392 | 401/ 412 | 195/ 432 |
11.32% (2019)
-12.08% (2022)
| Name | Percent |
|---|---|
| Canadian Equity | 35.75 |
| Canadian Corporate Bonds | 22.81 |
| US Equity | 9.26 |
| International Equity | 8.17 |
| Foreign Corporate Bonds | 5.86 |
| Other | 18.15 |
| Name | Percent |
|---|---|
| Mutual Fund | 62.26 |
| Fixed Income | 34.02 |
| Cash and Cash Equivalent | 3.50 |
| Financial Services | 0.06 |
| Utilities | 0.05 |
| Other | 0.11 |
| Name | Percent |
|---|---|
| North America | 77.64 |
| Multi-National | 19.60 |
| Latin America | 1.17 |
| Africa and Middle East | 0.69 |
| Asia | 0.52 |
| Other | 0.38 |
| Name | Percent |
|---|---|
| Mack Canadian Equity Pool Sr IG | 35.60 |
| Mackenzie - IG Canadian Corporate Bond Pool P | 26.41 |
| Mackenzie Broad Risk Premia Collection Fund Sr IG | 9.28 |
| Mack US Equity Pool Sr IG | 9.22 |
| Mack EAFE Equity Pool Sr IG | 7.67 |
| Mackenzie North American Corporate Bond Fund A | 7.03 |
| Mackenzie Emerging Markets Bond Idx ETF C$H (QEBH) | 2.66 |
| Mackenzie Enhanced Fixed Income Risk Premia Fund Sr IG | 1.77 |
| Mackenzie Emerging Markets Large Cap Fund Sr IG | 0.49 |
| Currency Hedge contract #HG662 | 0.01 |
IG Managed Growth Portfolio - Canadian Neutral Balanced C
Median
Other - Canadian Neutral Balanced
| Standard Deviation | 10.21% | 9.49% | 7.40% |
|---|---|---|---|
| Beta | 1.03% | 0.88% | 0.85% |
| Alpha | -0.02% | -0.01% | -0.01% |
| Rsquared | 0.96% | 0.93% | 0.90% |
| Sharpe | -0.12% | 0.21% | 0.23% |
| Sortino | -0.13% | 0.17% | 0.04% |
| Treynor | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | 73.91% | 93.24% | 73.72% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 8.89% | 10.21% | 9.49% | 7.40% |
| Beta | 0.95% | 1.03% | 0.88% | 0.85% |
| Alpha | 0.00% | -0.02% | -0.01% | -0.01% |
| Rsquared | 0.97% | 0.96% | 0.93% | 0.90% |
| Sharpe | 0.87% | -0.12% | 0.21% | 0.23% |
| Sortino | 2.05% | -0.13% | 0.17% | 0.04% |
| Treynor | 0.08% | -0.01% | 0.02% | 0.02% |
| Tax Efficiency | 96.14% | 73.91% | 93.24% | 73.72% |
| Start Date | January 16, 1989 |
|---|---|
| Instrument Type | Mutual Fund (Wrap Program) |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $320 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI095 |
The Portfolio aims to provide income and long-term growth by investing primarily in Underlying Funds.
The Portfolio will obtain exposure to equity securities and fixed income primarily by investing in Underlying Funds and/or directly in securities. Under normal market conditions, exposures to fixed income and equity will generally be kept within the following ranges: Asset Class Exposure Range - Fixed Income 20-50%, Equity 50-70%. The Sub-advisor will adjust the percentage of the Portfolio invested in each asset class based on changes in the market outlook for each asset class.
| Name | Start Date |
|---|---|
| Nelson Arruda | 08-01-2021 |
| Mackenzie Financial Corporation | 05-03-2023 |
| 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 | 250 |
| SWP Min Withdrawal | 100 |
| MER | 2.59% |
|---|---|
| Management Fee | 1.72% |
| 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) | - |
Join Fund Library now and get free access to personalized features to help you manage your investments.
Fund Library
