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IG Mackenzie Canadian Bond Fund C NL

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Canadian Fixed Income

FundGrade D Click for more information on Fundata’s FundGrade

FundGrade D

Click for more information on Fundata’s FundGrade.

NAVPS
(12-31-2024) 		$10.03
Change
$0.02 (0.16%)

As at November 30, 2024

As at September 30, 2024

Period
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Legend

IG Mackenzie Canadian Bond Fund C NL

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Fund Returns

Inception Return (September 17, 1999): 2.66%

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 1.50% 2.41% 5.99% 4.07% 7.53% 3.94% -0.81% -1.74% -0.23% 1.08% 0.75% 0.76% 0.95% 0.96%
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 513 / 666 431 / 659 490 / 639 556 / 630 549 / 628 568 / 605 528 / 589 518 / 560 494 / 528 451 / 490 398 / 446 384 / 422 340 / 372 316 / 343
Quartile Ranking 4 3 4 4 4 4 4 4 4 4 4 4 4 4

Monthly Return

Monthly Return
Return % Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov
Fund 3.33% -1.30% -0.54% 0.43% -2.03% 1.66% 1.04% 2.13% 0.29% 1.73% -0.82% 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%

Best Monthly Return Since Inception

4.32% (January 2015)

Worst Monthly Return Since Inception

-3.80% (April 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 6.71% 1.69% 1.04% 0.82% 0.30% 5.57% 7.64% -3.23% -11.98% 4.77%
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 3 4 4 4 3 4 4 4 3 4
Category Rank 229/ 315 259/ 345 297/ 379 383/ 425 290/ 451 402/ 499 444/ 529 451/ 560 332/ 590 598/ 605

Best Calendar Return (Last 10 years)

7.64% (2020)

Worst Calendar Return (Last 10 years)

-11.98% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 42.15
Canadian Government Bonds 36.29
Cash and Equivalents 15.19
Foreign Corporate Bonds 3.95
Foreign Government Bonds 1.74
Other 0.68

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 84.67
Cash and Cash Equivalent 15.20
Financial Services 0.19
Other -0.06

Geographic Allocation

Geographic Allocation
Name Percent
North America 99.55
Europe 0.19
Latin America 0.12
Asia 0.03
Other 0.11

Top Holdings

Top Holdings
Name Percent
Ontario Province 4.15% 02-Jun-2034 5.87
Canada Government 2.75% 01-Dec-2055 5.73
CAD Term Deposit #131112 5.46
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 3.63
Quebec Province 4.40% 01-Dec-2055 2.88
United States Dollars 2.57
United States Treasury 0.13% 15-Apr-2025 2.39
Mackenzie Canadian Aggregate Bond Index ETF (QBB) 2.31
Quebec Province 4.45% 01-Sep-2034 2.00
Alberta Province 3.10% 01-Jun-2050 1.82

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

IG Mackenzie Canadian Bond Fund C NL

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 6.88% 6.20% 5.06%
Beta 0.94% 0.93% 0.92%
Alpha -0.01% -0.01% -0.01%
Rsquared 0.93% 0.94% 0.94%
Sharpe -0.60% -0.38% -0.10%
Sortino -0.68% -0.65% -0.52%
Treynor -0.04% -0.03% -0.01%
Tax Efficiency - - -
Volatility Volatility rating is 3 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 1 on a scale of 1 to 10

Risk Rating

Rating 3 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 5.45% 6.88% 6.20% 5.06%
Beta 0.81% 0.94% 0.93% 0.92%
Alpha 0.01% -0.01% -0.01% -0.01%
Rsquared 0.80% 0.93% 0.94% 0.94%
Sharpe 0.53% -0.60% -0.38% -0.10%
Sortino 1.44% -0.68% -0.65% -0.52%
Treynor 0.04% -0.04% -0.03% -0.01%
Tax Efficiency 82.07% - - -

Fund Details

Start Date September 17, 1999
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $1,160

Fund Codes

FundServ Code Load Code Sales Status
IGI136
IGI335
IGI427

Investment Objectives

The Fund aims to maximize income by investing primarily in government and corporate debt.

Investment Strategy

The Fund selects investments that may include a combination of: bonds; debentures; notes; mortgages; and other income-producing securities. The primary strategy is top-down by managing the duration of the Fund in response to an anticipated longer-term interest rate outlook. The Fund maintains an investment grade portfolio.

Portfolio Manager(s)

Name Start Date
I.G. Investment Management, Ltd. 06-30-2006
Mark Hamlin 09-29-2021
Jenny Wan 09-29-2021
Felix Wong 09-29-2021
Konstantin Boehmer 08-30-2022

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 1,000
SWP Min Withdrawal 100

Fees

MER 1.77%
Management Fee 1.50%
Load Choice of Front or Back
FE Max -
DSC Max 1.50%
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) 0.70%
Trailer Fee Max (NL) 0.70%
Trailer Fee Max (LL) -

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