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IG Mackenzie Global Financial Services Fund Series C
Financial Services Equity
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FundGrade B
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Click for more information on Fundata’s ESG Grade
Fundata ESG Grade C
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FundGrade A+® Rating Recipient
2025, 2024, 2023
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|
NAVPS (05-13-2026) |
$27.45 |
|---|---|
| Change |
-$0.05
(-0.20%)
|
As at April 30, 2026
As at February 28, 2026
As at April 30, 2026
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Legend
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Fund Returns
Inception Return (January 25, 2001): 5.25%
| 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 | 4.98% | -0.94% | 4.98% | -0.97% | 20.62% | 22.19% | 23.37% | 20.24% | 14.74% | 19.89% | 14.20% | 13.34% | 12.73% | 13.89% |
| Benchmark | 4.92% | 0.24% | 4.30% | 0.76% | 19.15% | 22.13% | 21.21% | 16.76% | 13.60% | 16.31% | 11.15% | 10.41% | 10.21% | 11.97% |
| Category Average | 8.09% | 4.95% | 12.13% | 4.62% | 34.30% | 27.29% | 23.04% | 16.29% | 12.73% | 18.24% | 12.31% | 11.26% | 11.17% | 12.37% |
| Category Rank | 69 / 81 | 61 / 79 | 55 / 79 | 56 / 79 | 50 / 75 | 48 / 69 | 30 / 66 | 9 / 53 | 15 / 50 | 14 / 45 | 11 / 45 | 12 / 42 | 11 / 37 | 12 / 33 |
| Quartile Ranking | 4 | 4 | 3 | 3 | 3 | 3 | 2 | 1 | 2 | 2 | 1 | 2 | 2 | 2 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 4.96% | 2.20% | 2.71% | 3.69% | 1.68% | -1.08% | 2.23% | 3.69% | -0.03% | -1.94% | -3.78% | 4.98% |
| Benchmark | 4.60% | 2.54% | 2.04% | 2.63% | 2.45% | -0.72% | 1.94% | 1.54% | 0.52% | 0.70% | -5.11% | 4.92% |
Best Monthly Return Since Inception
19.21% (November 2020)
Worst Monthly Return Since Inception
-16.58% (January 2009)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.34% | 15.02% | -2.86% | 12.66% | 5.69% | 20.40% | 3.34% | 12.42% | 37.59% | 23.58% |
| Benchmark | 6.34% | 15.24% | -4.99% | 19.43% | -5.24% | 22.05% | -5.68% | 13.41% | 31.42% | 21.57% |
| Category Average | 11.10% | 15.65% | -8.72% | 20.37% | 0.17% | 28.60% | -10.67% | 9.26% | 27.44% | 27.70% |
| Quartile Ranking | 4 | 2 | 1 | 4 | 1 | 4 | 1 | 2 | 1 | 3 |
| Category Rank | 22/ 29 | 18/ 37 | 5/ 41 | 43/ 43 | 8/ 45 | 50/ 50 | 5/ 50 | 26/ 59 | 8/ 68 | 39/ 71 |
Best Calendar Return (Last 10 years)
37.59% (2024)
Worst Calendar Return (Last 10 years)
-2.86% (2018)
Asset Allocation
| Name | Percent |
|---|---|
| US Equity | 47.39 |
| International Equity | 44.74 |
| Canadian Equity | 5.39 |
| Cash and Equivalents | 2.49 |
Sector Allocation
| Name | Percent |
|---|---|
| Financial Services | 94.22 |
| Industrial Services | 2.54 |
| Cash and Cash Equivalent | 2.48 |
| Real Estate | 0.66 |
| Consumer Goods | 0.09 |
| Other | 0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 54.99 |
| Europe | 28.90 |
| Asia | 14.18 |
| Latin America | 1.94 |
Top Holdings
| Name | Percent |
|---|---|
| JPMorgan Chase & Co | 4.17 |
| Mastercard Inc Cl A | 3.83 |
| Berkshire Hathaway Inc Cl B | 3.66 |
| Visa Inc Cl A | 3.35 |
| Bank of America Corp | 3.17 |
| CAD Term Deposit #1976 | 2.36 |
| Mitsubishi UFJ Financial Group Inc | 2.25 |
| Citigroup Inc | 2.15 |
| Banco Santander SA | 2.14 |
| Sumitomo Mitsui Financial Group Inc | 2.11 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
IG Mackenzie Global Financial Services Fund Series C
Median
Other - Financial Services Equity
3 Yr Annualized
| Standard Deviation | 12.53% | 14.92% | 15.49% |
|---|---|---|---|
| Beta | 1.12 | 1.11 | 1.08 |
| Alpha | 0.00 | 0.00 | 0.01 |
| Rsquared | 0.90% | 0.83% | 0.85% |
| Sharpe | 1.46 | 0.81 | 0.80 |
| Sortino | 3.44 | 1.35 | 1.23 |
| Treynor | 0.16 | 0.11 | 0.11 |
| Tax Efficiency | 88.05% | 88.82% | 92.56% |
| Volatility |
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|
|
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 9.61% | 12.53% | 14.92% | 15.49% |
| Beta | 0.96 | 1.12 | 1.11 | 1.08 |
| Alpha | 0.02 | 0.00 | 0.00 | 0.01 |
| Rsquared | 0.81% | 0.90% | 0.83% | 0.85% |
| Sharpe | 1.76 | 1.46 | 0.81 | 0.80 |
| Sortino | 3.41 | 3.44 | 1.35 | 1.23 |
| Treynor | 0.18 | 0.16 | 0.11 | 0.11 |
| Tax Efficiency | 84.63% | 88.05% | 88.82% | 92.56% |
Fundata ESG Metrics
Fundata ESG Score
The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.
Fundata E Score
Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.
Fundata S Score
Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.
Fundata G Score
Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.
Powered by OWL Analytics. For more information, please contact Fundata Canada.
Fund Details
| Start Date | January 25, 2001 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Partially Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $401 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI175 |
Investment Objectives
The Fund aims to provide long-term capital growth with an income component via dividends, by investing primarily in large leading global financial services providers and the companies that provide technology and support services to these companies. The Fund may also invest a portion of its assets in medium and small cap financial services companies and/or support services or companies engaged in providing financial services electronically via the Internet and/or proprietary online access.
Investment Strategy
The Fund expects to focus on investing primarily in the common shares of companies in industries such as banking, insurance, asset management and stock brokerages throughout the world. There is expected to be a “best-in-class” sector approach taken with emphasis on large Capitalization corporations. The Fund uses a blend of growth and value equity management styles, seeking to invest in high-quality companies that are undervalued and have attractive growth prospects.
Portfolio Management
| Portfolio Manager |
I.G. Investment Management, Ltd.
|
|---|---|
| Sub-Advisor |
Mackenzie Financial Corporation |
Management and Organization
| Fund Manager |
I.G. Investment Management, Ltd. |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
I.G. Investment Management, Ltd. |
| Distributor |
Investors Group Financial Services Inc. Investors Group Securities Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | 250 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 2.93% |
|---|---|
| Management Fee | 1.95% |
| 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) | - |
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