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Canadian Fixed Income
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|
NAVPS (12-31-2024) |
$9.33 |
|---|---|
| Change |
$0.02
(0.16%)
|
As at November 30, 2024
As at September 30, 2024
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Inception Return (May 06, 2013): 1.34%
| 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 | 1.50% | 2.62% | 6.05% | 4.30% | 7.99% | 4.15% | -0.95% | -1.79% | -0.19% | 1.07% | 0.70% | 0.83% | 1.17% | 1.11% |
| Benchmark | 1.51% | 2.25% | 8.10% | 4.64% | 8.22% | 4.86% | 0.01% | -0.96% | 0.66% | 2.03% | 1.69% | 1.78% | 1.96% | 2.06% |
| Category Average | 1.56% | 2.28% | 6.04% | 4.52% | 8.27% | 4.63% | -0.37% | -1.20% | 0.30% | 1.59% | 1.12% | 1.23% | 1.37% | 1.30% |
| Category Rank | 522 / 666 | 275 / 659 | 471 / 639 | 530 / 630 | 486 / 628 | 534 / 605 | 544 / 589 | 526 / 560 | 486 / 528 | 453 / 490 | 409 / 446 | 377 / 422 | 315 / 372 | 299 / 343 |
| Quartile Ranking | 4 | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Return % | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 3.54% | -1.27% | -0.48% | 0.46% | -2.13% | 1.81% | 0.88% | 2.11% | 0.32% | 1.76% | -0.65% | 1.50% |
| Benchmark | 3.42% | -1.36% | -0.40% | 0.48% | -1.95% | 0.00% | 2.98% | 2.14% | 0.52% | 1.82% | -1.07% | 1.51% |
4.07% (January 2015)
-3.65% (April 2022)
| Return % | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 6.59% | 1.28% | 2.94% | 1.71% | -0.35% | 5.61% | 8.07% | -3.45% | -12.21% | 4.81% |
| Benchmark | 9.10% | 3.57% | 1.54% | 2.70% | 1.29% | 6.97% | 8.61% | -2.71% | -11.46% | 6.38% |
| Category Average | 7.06% | 1.07% | 1.60% | 1.96% | -0.34% | 6.21% | 8.18% | -2.79% | -12.16% | 6.16% |
| Quartile Ranking | 4 | 4 | 1 | 3 | 4 | 4 | 3 | 4 | 3 | 4 |
| Category Rank | 241/ 315 | 300/ 345 | 65/ 379 | 266/ 425 | 398/ 451 | 393/ 499 | 369/ 529 | 491/ 560 | 386/ 590 | 593/ 605 |
8.07% (2020)
-12.21% (2022)
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 42.09 |
| Canadian Government Bonds | 35.01 |
| Cash and Equivalents | 10.03 |
| Foreign Corporate Bonds | 6.20 |
| Foreign Government Bonds | 2.39 |
| Other | 4.28 |
| Name | Percent |
|---|---|
| Fixed Income | 87.44 |
| Cash and Cash Equivalent | 10.03 |
| Mutual Fund | 2.02 |
| Financial Services | 0.38 |
| Utilities | 0.10 |
| Other | 0.03 |
| Name | Percent |
|---|---|
| North America | 98.94 |
| Latin America | 0.51 |
| Europe | 0.44 |
| Asia | 0.04 |
| Multi-National | 0.01 |
| Other | 0.06 |
| Name | Percent |
|---|---|
| Canada Government 2.75% 01-Dec-2055 | 7.13 |
| Ontario Province 4.15% 02-Jun-2034 | 6.53 |
| Cash and Cash Equivalents | 3.58 |
| Quebec Province 4.40% 01-Dec-2055 | 3.11 |
| United States Treasury 0.13% 15-Apr-2025 | 2.53 |
| Canada Government 3.00% 01-Jun-2034 | 2.26 |
| Alberta Province 3.10% 01-Jun-2050 | 2.12 |
| Quebec Province 4.45% 01-Sep-2034 | 2.05 |
| Mackenzie Credit Absolute Return Fund Series A | 2.02 |
| TransCanada Trust 4.65% 18-May-2027 | 1.23 |
Mackenzie Strategic Bond Fund Series A
Median
Other - Canadian Fixed Income
| Standard Deviation | 6.92% | 6.19% | 5.00% |
|---|---|---|---|
| Beta | 0.94% | 0.93% | 0.90% |
| Alpha | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.92% | 0.93% | 0.93% |
| Sharpe | -0.62% | -0.37% | -0.08% |
| Sortino | -0.71% | -0.65% | -0.48% |
| Treynor | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | - | - | 36.26% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 5.57% | 6.92% | 6.19% | 5.00% |
| Beta | 0.81% | 0.94% | 0.93% | 0.90% |
| Alpha | 0.01% | -0.01% | -0.01% | -0.01% |
| Rsquared | 0.76% | 0.92% | 0.93% | 0.93% |
| Sharpe | 0.60% | -0.62% | -0.37% | -0.08% |
| Sortino | 1.59% | -0.71% | -0.65% | -0.48% |
| Treynor | 0.04% | -0.05% | -0.02% | 0.00% |
| Tax Efficiency | 87.44% | - | - | 36.26% |
| Start Date | May 06, 2013 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $345 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4345 | ||
| MFC4346 |
The Fund seeks to provide a steady flow of income by investing primarily in Canadian government and corporate fixed-income instruments and asset-backed securities with maturities of more than one year. Preservation of capital is an important factor in the selection of portfolio investments.
The Fund may invest up to 25% of its assets in securities that have a credit rating below “BBB-” as rated by a recognized credit rating organization and intends to maintain an average credit rating of “BBB-” or higher. The Fund may also invest in unrated debt instruments and preferred shares. Portfolio maturities are adjusted to take advantage of different stages in the economic cycle.
| Name | Start Date |
|---|---|
| Steve Locke | 05-06-2013 |
| Dan Cooper | 07-03-2013 |
| Felix Wong | 07-03-2013 |
| Movin Mokbel | 07-03-2013 |
| Konstantin Boehmer | 09-30-2014 |
| Fund Manager | Mackenzie Financial Corporation |
|---|---|
| Advisor | Mackenzie Financial Corporation |
| Custodian | Canadian Imperial Bank of Commerce |
| Registrar | Mackenzie Financial Corporation |
| Distributor | - |
| Auditor | KPMG LLP |
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 5,000 |
| SWP Min Withdrawal | 100 |
| MER | 1.79% |
|---|---|
| Management Fee | 1.40% |
| Load | Front Fee Only |
| FE Max | - |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | 0.55% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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