The Fund’s primary focus is to provide a moderate level of income with the potential for some capital growth, while seeking to reduce portfolio volatility.
Is this fund right for you?
- A person who is investing for the medium to longer term while seeking the potential for income along with the potential for some growth and is comfortable with low risk.
- Since the fund invests in stocks and bonds its value is affected by changes in interest rates and by stock prices, which can rise and fall in a short period of time.
Risk Rating
How is the fund invested?
(as of February 28, 2023)
Asset allocation (%)
|
Name |
Percent |
|
Domestic Bonds |
36.2 |
|
International Equity |
22.2 |
|
Foreign Bonds |
17.8 |
|
Canadian Equity |
6.0 |
|
Cash and Equivalents |
5.9 |
|
US Equity |
1.6 |
|
Income Trust Units |
0.1 |
|
Other |
10.2 |
Geographic allocation (%)
|
Name |
Percent |
|
Canada |
55.0 |
|
Multi-National |
39.0 |
|
United States |
3.6 |
|
United Kingdom |
0.4 |
|
Switzerland |
0.3 |
|
Germany |
0.2 |
|
Ireland |
0.2 |
|
Sweden |
0.2 |
|
Australia |
0.1 |
|
Other |
1.0 |
Sector allocation (%)
|
Name |
Percent |
|
Fixed Income |
49.2 |
|
Mutual Fund |
30.0 |
|
Exchange Traded Fund |
8.0 |
|
Cash and Cash Equivalent |
5.9 |
|
Financial Services |
1.6 |
|
Consumer Goods |
0.7 |
|
Healthcare |
0.6 |
|
Consumer Services |
0.6 |
|
Basic Materials |
0.6 |
|
Other |
2.8 |
Growth of $10,000
(since inception)
Data not available based on date of inception
Fund details
(as of February 28, 2023)
| Top holdings |
% |
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) |
23.0 |
| Canada Life Risk Reduction Pool Series R |
20.0 |
| CAN Path Gb Mul Sec B 75/75 |
10.0 |
| Mackenzie Canadian All Corporate Bond Ix ETF (QCB) |
9.0 |
| CAN Gbl M-S Fix Inc 75/75 |
6.0 |
| CAN Money Mkt 75/75 |
5.0 |
| Canadian Short Term Bond Index ETF |
5.0 |
| Mackenzie Multi-Strategy Absolute Return Fd A |
5.0 |
| CAN Can Low Vol 75/75 |
3.0 |
| CAN Path Glbl Tact 75/75 CONST |
3.0 |
| Total allocation in top holdings |
89.0 |
| Portfolio characteristics |
|
| Standard deviation |
- |
| Dividend yield |
- |
| Yield to maturity |
4.6% |
| Duration (years) |
6.8 |
| Coupon |
3.1% |
| Average credit rating |
AA- |
Understanding returns
Annual compound returns (%)
| 1 MO |
3 MO |
YTD |
1 YR |
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| 3 YR |
5 YR |
10 YR |
INCEPTION |
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Calendar year returns (%)
|
2022 |
2021 |
2020 |
2019 |
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2018 |
2017 |
2016 |
2015 |
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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
|