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Mackenzie Tactical Asset Allocation Fund Series A
Tactical Balanced
Click for more information on Fundata’s FundGrade
FundGrade A
Click for more information on Fundata’s FundGrade.
|
NAVPS (08-19-2026) |
$13.64 |
|---|---|
| Change |
$0.07
(0.48%)
|
As at July 31, 2026
As at May 31, 2026
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Fund Returns
Inception Return (September 08, 2022): 9.99%
| 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 | 1.46% | 1.07% | 3.78% | 7.43% | 15.97% | 12.55% | 11.35% | - | - | - | - | - | - | - |
| Benchmark | -1.63% | 4.77% | 7.02% | 8.13% | 13.83% | 12.24% | 13.41% | 12.14% | 7.27% | 7.65% | 8.00% | 7.67% | 7.96% | 7.56% |
| Category Average | -0.46% | 2.35% | 5.18% | 6.65% | 12.51% | 10.17% | 10.51% | 8.82% | 5.65% | 6.86% | 6.31% | 5.76% | 5.63% | 5.44% |
| Category Rank | 34 / 329 | 235 / 329 | 270 / 326 | 166 / 326 | 107 / 325 | 99 / 318 | 153 / 314 | - | - | - | - | - | - | - |
| Quartile Ranking | 1 | 3 | 4 | 3 | 2 | 2 | 2 | - | - | - | - | - | - | - |
Monthly Return
| Return % | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 2.24% | 3.51% | 1.06% | 1.06% | -0.12% | 3.52% | 3.39% | -2.11% | 1.45% | 0.91% | -1.29% | 1.46% |
| Benchmark | 1.44% | 3.57% | 1.71% | -0.22% | -1.26% | 1.04% | 2.06% | -3.32% | 3.53% | 4.15% | 2.26% | -1.63% |
Best Monthly Return Since Inception
4.33% (October 2022)
Worst Monthly Return Since Inception
-3.87% (September 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | - | - | 4.47% | 9.90% | 15.51% |
| Benchmark | 2.39% | 8.66% | 2.68% | 12.26% | 11.12% | 6.48% | -11.62% | 11.69% | 17.48% | 10.42% |
| Category Average | 5.78% | 6.18% | -5.55% | 12.58% | 5.65% | 9.53% | -9.83% | 8.35% | 11.73% | 10.14% |
| Quartile Ranking | - | - | - | - | - | - | - | 4 | 4 | 1 |
| Category Rank | - | - | - | - | - | - | - | 264/ 313 | 238/ 315 | 55/ 318 |
Best Calendar Return (Last 10 years)
15.51% (2025)
Worst Calendar Return (Last 10 years)
4.47% (2023)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 33.38 |
| International Equity | 25.72 |
| US Equity | 18.82 |
| Foreign Corporate Bonds | 7.16 |
| Canadian Equity | 5.90 |
| Other | 9.02 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 40.61 |
| Exchange Traded Fund | 11.39 |
| Basic Materials | 8.04 |
| Technology | 6.41 |
| Energy | 6.07 |
| Other | 27.48 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 63.07 |
| Multi-National | 13.64 |
| Europe | 7.23 |
| Latin America | 4.92 |
| Asia | 4.49 |
| Other | 6.65 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP) | 9.76 |
| Vanguard 500 Index ETF (VOO) | 7.80 |
| Mackenzie Global Resource Fund Series A | 7.77 |
| United States Treasury 2.38% 15-Feb-2055 | 6.95 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 6.37 |
| United States Treasury 0.13% 15-Apr-2027 | 6.33 |
| Mackenzie Cundill Value Fund Series AG | 5.12 |
| SPDR S&P Global Natural Resources ETF (GNR) | 4.82 |
| iShares S&P GSCI Commodity-Indexed Trust ETF (GSG) | 4.50 |
| iShares MSCI EAFE Value ETF (EFV) | 3.92 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Tactical Asset Allocation Fund Series A
Median
Other - Tactical Balanced
3 Yr Annualized
| Standard Deviation | 6.19% | - | - |
|---|---|---|---|
| Beta | 0.63 | - | - |
| Alpha | 0.03 | - | - |
| Rsquared | 0.55% | - | - |
| Sharpe | 1.22 | - | - |
| Sortino | 2.37 | - | - |
| Treynor | 0.12 | - | - |
| Tax Efficiency | - | - | - |
| Volatility |
|
- | - |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 6.24% | 6.19% | - | - |
| Beta | 0.38 | 0.63 | - | - |
| Alpha | 0.10 | 0.03 | - | - |
| Rsquared | 0.23% | 0.55% | - | - |
| Sharpe | 2.05 | 1.22 | - | - |
| Sortino | 4.25 | 2.37 | - | - |
| Treynor | 0.34 | 0.12 | - | - |
| Tax Efficiency | 98.17% | - | - | - |
Fund Details
| Start Date | September 08, 2022 |
|---|---|
| Instrument Type | Mutual Fund |
| Share Class | Commission Based Advice |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Annual |
| Assets ($mil) | $44 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| MFC9490 | ||
| MFC9491 |
Investment Objectives
The Fund seeks to provide long term capital appreciation by investing in a mix of equity and fixed income securities anywhere in the world which are expected to be collectively resilient to inflation. The Fund will pursue this objective by investing in securities directly and/or by investing in other investment funds.
Investment Strategy
The Fund is tactically managed and aims to provide consistent inflation-hedging characteristics and to generate returns in varying inflationary environments. The strategic long-term asset mix may change in reaction to, or anticipation of, market changes. However, it will generally be kept within the following ranges: 40-60% fixed income securities; 40-60% equity 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 |
- |
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 | 2.44% |
|---|---|
| Management Fee | 1.85% |
| Load | Choice of Front or No Load |
| FE Max | 5.00% |
| DSC Max | 5.50% |
| Trailer Fee Max (FE) | 1.00% |
| Trailer Fee Max (DSC) | 1.00% |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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