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Mackenzie Unconstrained Fixed Income Fund Series LB
Multi-Sector Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade D
Click for more information on Fundata’s FundGrade.
|
NAVPS (05-13-2026) |
$8.72 |
|---|---|
| Change |
$0.00
(-0.04%)
|
As at April 30, 2026
As at February 28, 2026
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Legend
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Fund Returns
Inception Return (December 09, 2019): 1.50%
| 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 | 0.33% | -0.30% | -0.38% | -0.13% | 3.21% | 4.58% | 3.67% | 2.92% | 1.17% | 1.50% | - | - | - | - |
| Benchmark | -1.08% | -0.21% | -2.07% | -0.47% | 2.91% | 6.34% | 4.83% | 4.85% | 1.84% | 0.75% | 1.69% | 2.39% | 1.83% | 2.68% |
| Category Average | 0.87% | -0.24% | 0.47% | 0.19% | 4.89% | 5.46% | 4.49% | - | - | - | - | - | - | - |
| Category Rank | 271 / 325 | 197 / 321 | 250 / 318 | 220 / 320 | 265 / 307 | 235 / 287 | 228 / 278 | 199 / 267 | 183 / 255 | 210 / 240 | - | - | - | - |
| Quartile Ranking | 4 | 3 | 4 | 3 | 4 | 4 | 4 | 3 | 3 | 4 | - | - | - | - |
Monthly Return
| Return % | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.33% | 1.10% | 0.18% | 0.49% | 1.19% | 0.27% | 0.34% | -0.59% | 0.17% | 0.94% | -1.55% | 0.33% |
| Benchmark | -0.45% | 1.36% | 0.41% | 0.79% | 2.27% | 0.61% | -0.13% | -1.47% | -0.26% | 1.58% | -0.69% | -1.08% |
Best Monthly Return Since Inception
3.07% (January 2023)
Worst Monthly Return Since Inception
-3.32% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | 4.90% | -1.49% | -7.85% | 6.05% | 4.58% | 3.61% |
| Benchmark | 1.29% | 1.23% | 6.50% | 4.01% | 7.35% | -4.31% | -10.27% | 5.25% | 9.76% | 4.31% |
| Category Average | - | - | - | - | - | - | - | - | 3.89% | 5.80% |
| Quartile Ranking | - | - | - | - | 3 | 4 | 2 | 3 | 3 | 4 |
| Category Rank | - | - | - | - | 129/ 239 | 234/ 252 | 101/ 260 | 207/ 278 | 199/ 287 | 267/ 303 |
Best Calendar Return (Last 10 years)
6.05% (2023)
Worst Calendar Return (Last 10 years)
-7.85% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 47.71 |
| Foreign Government Bonds | 22.17 |
| Canadian Corporate Bonds | 17.37 |
| Canadian Government Bonds | 4.96 |
| Cash and Equivalents | 3.78 |
| Other | 4.01 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.53 |
| Cash and Cash Equivalent | 3.78 |
| Utilities | 0.47 |
| Financial Services | 0.13 |
| Telecommunications | 0.06 |
| Other | 0.03 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 84.23 |
| Latin America | 4.55 |
| Asia | 4.52 |
| Multi-National | 1.55 |
| Europe | 0.91 |
| Other | 4.24 |
Top Holdings
| Name | Percent |
|---|---|
| United States Treasury 4.63% 15-Nov-2055 | 4.01 |
| United States Treasury 4.25% 15-May-2035 | 3.29 |
| Australia Government 1.00% 21-Dec-2030 | 3.24 |
| Canada Government 3.25% 01-Jun-2035 | 3.21 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 2.26 |
| Mackenzie Floating Rate Income ETF (MFT) | 2.11 |
| Brazil Government 10.00% 01-Jan-2029 | 2.07 |
| United States Treasury 4.63% 15-Feb-2035 | 1.87 |
| United States Treasury 3.50% 15-Feb-2033 | 1.80 |
| Mackenzie High Quality Floating Rate Fund Series R | 1.52 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Unconstrained Fixed Income Fund Series LB
Median
Other - Multi-Sector Fixed Income
3 Yr Annualized
| Standard Deviation | 3.61% | 4.08% | - |
|---|---|---|---|
| Beta | 0.48 | 0.48 | - |
| Alpha | 0.01 | 0.00 | - |
| Rsquared | 0.39% | 0.50% | - |
| Sharpe | 0.01 | -0.40 | - |
| Sortino | 0.29 | -0.58 | - |
| Treynor | 0.00 | -0.03 | - |
| Tax Efficiency | 53.47% | - | - |
| 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 | 2.58% | 3.61% | 4.08% | - |
| Beta | 0.49 | 0.48 | 0.48 | - |
| Alpha | 0.02 | 0.01 | 0.00 | - |
| Rsquared | 0.55% | 0.39% | 0.50% | - |
| Sharpe | 0.32 | 0.01 | -0.40 | - |
| Sortino | 0.10 | 0.29 | -0.58 | - |
| Treynor | 0.02 | 0.00 | -0.03 | - |
| Tax Efficiency | 42.68% | 53.47% | - | - |
Fund Details
| Start Date | December 09, 2019 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $3,106 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC8044 |
Investment Objectives
The Fund aims to provide a positive total return over a market cycle, regardless of market conditions, by investing primarily in fixedincome securities of issuers anywhere in the world and derivative instruments. Any change to the investment objectives must be approved by a majority of votes cast at a meeting of securityholders held for that reason.
Investment Strategy
The Fund’s investments may include investment-grade bonds; lower quality fixed-income investments, which may include instruments that have a weighted average credit quality below investment grade (rated below “BBB-” by a recognized credit rating organization) or that are unrated; mortgage- and asset-backed securities; preferred shares; floating-rate debt instruments and other floating securities.
Portfolio Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
Mackenzie Financial Corporation |
| Distributor |
LBC Financial Services Inc. |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | 50 |
| PAC Subsequent | 50 |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 1.46% |
|---|---|
| Management Fee | 1.10% |
| 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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