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IG Mackenzie Floating Rate Income Fund Series C
Floating Rate Loan
Click for more information on Fundata’s FundGrade
FundGrade E
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$7.75 |
|---|---|
| Change |
$0.00
(0.05%)
|
As at April 30, 2026
As at February 28, 2026
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Legend
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Fund Returns
Inception Return (July 16, 2014): 2.90%
| 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 | 1.01% | 1.10% | 0.78% | 0.89% | 3.66% | 3.47% | 4.94% | 3.32% | 2.64% | 4.33% | 2.11% | 2.19% | 2.53% | 3.30% |
| Benchmark | 0.63% | -0.34% | -0.30% | -0.38% | 5.43% | 9.30% | 9.49% | 10.93% | 7.31% | 8.21% | 5.56% | 4.98% | 4.80% | 5.77% |
| Category Average | 1.02% | 1.01% | 1.11% | 0.90% | 3.96% | 3.59% | 5.23% | 4.08% | 3.40% | 5.02% | 2.88% | 2.94% | 3.08% | 3.50% |
| Category Rank | 24 / 81 | 41 / 81 | 50 / 81 | 43 / 81 | 51 / 81 | 58 / 77 | 63 / 76 | 68 / 76 | 67 / 75 | 65 / 75 | 60 / 70 | 57 / 67 | 50 / 60 | 42 / 56 |
| Quartile Ranking | 2 | 3 | 3 | 3 | 3 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 3 |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.42% | 0.56% | 0.74% | -0.28% | 0.29% | 0.10% | 0.03% | -0.13% | -0.21% | -0.29% | 0.38% | 1.01% |
| Benchmark | 0.79% | 3.17% | -0.61% | 1.78% | 1.96% | -1.40% | 0.48% | -0.39% | -0.04% | -0.27% | -0.70% | 0.63% |
Best Monthly Return Since Inception
3.01% (January 2023)
Worst Monthly Return Since Inception
-12.10% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 9.46% | 5.20% | 1.73% | 4.69% | -1.09% | 3.52% | -6.74% | 9.43% | 7.40% | 1.41% |
| Benchmark | 4.59% | 6.15% | 2.81% | 1.22% | 5.27% | -0.97% | -0.86% | 14.42% | 11.13% | 12.24% |
| Category Average | 8.41% | 4.02% | 0.32% | 6.37% | -0.22% | 4.16% | -4.30% | 9.97% | 6.92% | 1.90% |
| Quartile Ranking | 2 | 2 | 2 | 3 | 4 | 4 | 4 | 4 | 4 | 3 |
| Category Rank | 27/ 55 | 23/ 58 | 30/ 67 | 49/ 69 | 58/ 75 | 57/ 75 | 74/ 75 | 59/ 76 | 59/ 77 | 45/ 81 |
Best Calendar Return (Last 10 years)
9.46% (2016)
Worst Calendar Return (Last 10 years)
-6.74% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 94.07 |
| Cash and Equivalents | 3.52 |
| Canadian Corporate Bonds | 1.54 |
| Foreign Government Bonds | 0.39 |
| Canadian Equity | 0.22 |
| Other | 0.26 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 96.17 |
| Cash and Cash Equivalent | 3.52 |
| Utilities | 0.15 |
| Financial Services | 0.06 |
| Telecommunications | 0.03 |
| Other | 0.07 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 98.20 |
| Europe | 0.07 |
| Latin America | 0.02 |
| Other | 1.71 |
Top Holdings
| Name | Percent |
|---|---|
| Natgasoline LLC Term Loan B 1st Lien F/R 24-Mar-2030 | 1.40 |
| Boots Group Finco LP Term Loan B 1st Lien Senior F/R | 1.33 |
| Jane Street Group LLC Term Loan B 1st Lien Senior | 1.25 |
| Infobip Inc. Term Loan 1st Lien F/R 11-Jun-2029 | 1.18 |
| United States Dollars | 1.17 |
| Flynn Restaurant Group LP Term Loan B 1st Lien Senior | 1.17 |
| X Corp. Term Loan B1 1st Lien F/R 26-Oct-2029 | 1.16 |
| Albaugh LLC Term Loan B 1st Lien F/R 18-Feb-2029 | 1.14 |
| Flynn America LP Term Loan B 1st Lien F/R 23-Jul-2028 | 1.11 |
| Prime Security Services Borrower LLC Term Loan B 1st Lien | 1.10 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
IG Mackenzie Floating Rate Income Fund Series C
Median
Other - Floating Rate Loan
3 Yr Annualized
| Standard Deviation | 2.03% | 3.06% | 4.91% |
|---|---|---|---|
| Beta | 0.03 | 0.17 | 0.42 |
| Alpha | 0.05 | 0.01 | 0.01 |
| Rsquared | 0.01% | 0.12% | 0.37% |
| Sharpe | 0.60 | -0.07 | 0.30 |
| Sortino | 1.52 | -0.15 | 0.09 |
| Treynor | 0.36 | -0.01 | 0.04 |
| Tax Efficiency | 18.03% | - | 15.02% |
| Volatility |
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|
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Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.89% | 2.03% | 3.06% | 4.91% |
| Beta | 0.07 | 0.03 | 0.17 | 0.42 |
| Alpha | 0.03 | 0.05 | 0.01 | 0.01 |
| Rsquared | 0.03% | 0.01% | 0.12% | 0.37% |
| Sharpe | 0.65 | 0.60 | -0.07 | 0.30 |
| Sortino | 0.61 | 1.52 | -0.15 | 0.09 |
| Treynor | 0.18 | 0.36 | -0.01 | 0.04 |
| Tax Efficiency | 6.64% | 18.03% | - | 15.02% |
Fund Details
| Start Date | July 16, 2014 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $445 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| IGI1449 |
Investment Objectives
The Fund aims to provide current income by investing primarily in floating rate debt obligations and floating rate debt instruments of issuers located anywhere in the world.
Investment Strategy
The Fund will invest in a diversified portfolio composed primarily of floating rate debt obligations and floating rate debt instruments of issuers located anywhere in the world. These investments pay interest at variable rates or rates which are reset periodically in reference to a base lending rate. The Fund intends to invest in corporate debt instruments that are rated less than BBB (below traditional investment grade credit ratings).
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 | 15,000 |
| SWP Min Withdrawal | 100 |
Fees
| MER | 1.97% |
|---|---|
| Management Fee | 1.60% |
| 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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