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High Yield Fixed Income
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2013, 2012
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|
NAVPS (04-24-2026) |
$8.92 |
|---|---|
| Change |
$0.01
(0.08%)
|
As at March 31, 2026
As at January 31, 2026
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Inception Return (January 19, 2012): 3.52%
| 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 | -1.10% | -0.57% | -0.06% | -0.57% | 3.61% | 4.90% | 5.67% | 3.41% | 2.45% | 4.59% | 3.28% | 3.17% | 2.94% | 3.70% |
| Benchmark | 0.13% | 0.70% | 0.35% | 0.70% | 4.18% | 9.40% | 9.96% | 8.34% | 5.48% | 6.37% | 5.09% | 5.32% | 5.07% | 6.24% |
| Category Average | -1.32% | -0.54% | 0.14% | -0.54% | 4.79% | 5.44% | 6.14% | 3.62% | 2.53% | 5.04% | 3.25% | 3.18% | 3.12% | 3.83% |
| Category Rank | 140 / 247 | 125 / 245 | 147 / 244 | 125 / 245 | 176 / 241 | 165 / 237 | 168 / 231 | 159 / 225 | 157 / 222 | 174 / 214 | 136 / 207 | 124 / 184 | 123 / 172 | 128 / 164 |
| Quartile Ranking | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 4 | 3 | 3 | 3 | 4 |
| Return % | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | -0.68% | 1.33% | 0.94% | 0.68% | 0.51% | 0.86% | 0.09% | 0.41% | 0.01% | 0.10% | 0.44% | -1.10% |
| Benchmark | -3.14% | 1.07% | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% |
4.35% (March 2016)
-8.22% (March 2020)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 11.01% | 3.73% | -3.21% | 9.07% | 5.72% | 3.74% | -9.83% | 8.21% | 8.27% | 4.45% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | 3 | 4 | 3 | 4 | 2 | 3 | 2 | 4 | 2 | 4 |
| Category Rank | 118/ 163 | 149/ 171 | 113/ 182 | 155/ 206 | 91/ 213 | 131/ 218 | 103/ 225 | 180/ 231 | 106/ 237 | 191/ 238 |
11.01% (2016)
-9.83% (2022)
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 60.54 |
| Canadian Corporate Bonds | 27.68 |
| Cash and Equivalents | 7.51 |
| Foreign Bonds - Funds | 1.56 |
| Canadian Equity | 1.04 |
| Other | 1.67 |
| Name | Percent |
|---|---|
| Fixed Income | 91.43 |
| Cash and Cash Equivalent | 7.52 |
| Utilities | 0.83 |
| Energy | 0.14 |
| Telecommunications | 0.06 |
| Other | 0.02 |
| Name | Percent |
|---|---|
| North America | 97.41 |
| Multi-National | 1.56 |
| Europe | 0.46 |
| Latin America | 0.02 |
| Asia | 0.01 |
| Other | 0.54 |
| Name | Percent |
|---|---|
| Cash and Cash Equivalents | 2.37 |
| Algonquin Power & Utils Corp 4.75% 18-Jan-2082 | 1.69 |
| Cascades Inc 6.75% 15-Jul-2030 | 1.67 |
| Superior Plus LP 4.25% 18-May-2028 | 1.60 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.56 |
| Inter Pipeline Ltd 6.88% 26-Mar-2079 | 1.36 |
| TELUS Corp. F/R 15-Oct-2055 | 1.20 |
| Videotron Ltd 3.63% 2-Jan-2026 | 1.20 |
| TransCanada Trust 4.65% 18-May-2027 | 1.17 |
| CAD Currency Forward | 1.09 |
Mackenzie Corporate Bond Fund Series LB
Median
Other - High Yield Fixed Income
| Standard Deviation | 3.04% | 4.29% | 4.80% |
|---|---|---|---|
| Beta | 0.35 | 0.51 | 0.49 |
| Alpha | 0.02 | 0.00 | 0.01 |
| Rsquared | 0.27% | 0.53% | 0.43% |
| Sharpe | 0.62 | -0.07 | 0.39 |
| Sortino | 1.61 | -0.15 | 0.21 |
| Treynor | 0.05 | -0.01 | 0.04 |
| Tax Efficiency | 66.65% | 25.21% | 52.85% |
| Volatility |
|
|
|
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.36% | 3.04% | 4.29% | 4.80% |
| Beta | 0.34 | 0.35 | 0.51 | 0.49 |
| Alpha | 0.02 | 0.02 | 0.00 | 0.01 |
| Rsquared | 0.48% | 0.27% | 0.53% | 0.43% |
| Sharpe | 0.50 | 0.62 | -0.07 | 0.39 |
| Sortino | 0.35 | 1.61 | -0.15 | 0.21 |
| Treynor | 0.03 | 0.05 | -0.01 | 0.04 |
| Tax Efficiency | 47.48% | 66.65% | 25.21% | 52.85% |
| Start Date | January 19, 2012 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $350 |
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC4414 |
The Fund seeks above-average income with the potential for longterm growth of accumulated capital. The Fund invests primarily in higher yielding Canadian corporate securities (both equity and fixed-income securities). Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund’s investors called for that purpose.
The Fund’s investments are generally expected to have a weighted average credit quality of “BB-” or higher, as rated by a recognized credit rating organization. The portfolio manager may vary the weighted average credit quality. The investment approach follows a fundamental analysis to select investments for the Fund, by reviewing the values of the Fund’s investments on an ongoing basis, paying particular attention to credit quality.
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
| 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 | 1.76% |
|---|---|
| Management Fee | 1.35% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | 0.50% |
| Trailer Fee Max (LL) | - |
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