Fund overview & performance

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Pathways Core Plus Bond


December 31, 2021

The Fund seeks to maximize income while preserving capital and maintaining liquidity by investing primarily in Canadian money market instruments such as treasury bills and short-term government and corporate debt.

Is this fund right for you?

  • You want to protect your money from inflation while also protecting it from large swings in the market.
  • You want to invest in government and corporate bonds, as well as other debt securities issued in Canada and around the world.
  • You're comfortable with a low level of risk.

Risk Rating

Risk Rating: Low

How is the fund invested? (as of October 31, 2021)

Asset allocation (%)

Name Percent
Domestic Bonds 72.6
Foreign Bonds 18.9
Cash and Equivalents 8.0
Canadian Equity 0.2
International Equity 0.1
Other 0.2

Geographic allocation (%)

Name Percent
Canada 80.9
United States 12.1
China 3.1
Europe 0.5
Malaysia 0.2
Korea, Republic Of 0.2
Bahamas 0.2
Indonesia 0.2
Russian Federation 0.1
Other 2.5

Sector allocation (%)

Name Percent
Fixed Income 91.7
Cash and Cash Equivalent 8.0
Utilities 0.1
Energy 0.1
Other 0.1

Growth of $10,000 (since inception)

Data not available based on date of inception

Fund details (as of October 31, 2021)

Top holdings %
Cash and Cash Equivalents 7.7
Canada Housing Trust No 1 0.35% 15-Mar-2026 5.4
Canada Government 1.50% 01-Jun-2031 5.2
Ontario Province 2.25% 02-Dec-2031 3.8
British Columbia Province 2.95% 18-Jun-2050 2.9
Quebec Province 1.50% 01-Sep-2031 2.3
Ontario Province 1.90% 02-Dec-2051 1.8
British Columbia Province 1.55% 18-Jun-2031 1.6
Quebec Province 3.10% 01-Dec-2051 1.6
China Government 1.99% 09-Apr-2025 1.5
Total allocation in top holdings 33.8
Portfolio characteristics
Standard deviation -
Yield to maturity 2.3%
Duration (years) 8.0
Coupon 2.5%
Average credit rating A+

Understanding returns

Annual compound returns (%)

1 MO 3 MO YTD 1 YR
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Calendar year returns (%)

2021 2020 2019 2018
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2017 2016 2015 2014
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Range of returns over five years

Best return Best period end date Worst return
Worst period end date
Data not available based on date of inception
Average return % of periods with positive returns Number of positive periods Number of negative periods
Data not available based on date of inception

Mackenzie Investments

Contact information

Toll free: 1-888-252-1847

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Total returns performance

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Last price

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Value of $10,000 investment

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