Low Load 2 purchase option was introduced on January 28, 2014.
View all Low Load 2 funds and fund codes.


FUND CODES
Series
$CDN
Front
End
Back
End
Low
Load 3
A 1565 1808 2165
F 1900 -- --
I 1901 -- --
T6 2626 3563 4020
T8 2627 3564 4021
PWX 6029 -- --
PW 6103 -- --
PWF 6177 -- --
Series
$US
Front
End
Back
End
Low
Load 3
A 4370 4510 4511
F 4371 -- --

Mackenzie Ivy European Class Series A

 
FUND FACTS
 
Total Fund Assets: $164.60 million
Asset Class: Regional Equity
Management Fees: 2.00%
MER: 2.59% - as of Mar 31, 2014
 
  PRICE (NAVPS) Daily Change
  as of Jul 25, 2014 $ %
$CDN  19.7677 0.0035 0.0178
$US 18.2787 -0.1128 -0.6134
 
DISTRIBUTIONS
Dividends paid annually in January if required. Capital gains paid annually in February or March if required.
  Most Recent $ per unit Reinvest Price ($) Frequency
$CDN -- -- -- --
$US -- -- -- --
FUND NOTES

NOTE: The Series I version of the this fund is closed to new investments.

Key reasons to invest in this fund are that it will be managed using the same Ivy investment principles that apply to all the Ivy funds. The Mackenzie Ivy European Fund because of its narrower geographic focus may be more concentrated than the typical Ivy fund. However, we still believe it should exhibit traits that unit holders have come to expect from Ivy, namely, better than average returns at lower than average rates of volatility.
 
 
RECENT DEVELOPMENTS
Fund Commentary Express Fund Profile
 

To view the complete list of holdings for this and other Mackenzie mutual funds, click here.

COMPOUND ANNUAL RETURNS
as of Jun 30, 2014
1 month -1.1%
3 month -0.7%
6 month 3.3%
1 year 20.2%
2 years 18.5%
3 years 11.0%
5 years 9.8%
10 years 5.5%
Year to Date 3.3%
Since Inception 6.1%
Inception Date Nov 02
 

 
MAJOR HOLDINGS
as of May 31, 2014
     
Company Country Sector %
Danone SA France Packaged Foods & Meats 7.4%
Pearson PLC United Kingdom Publishing 6.9%
Admiral Group PLC United Kingdom Property & Casualty Insurance 6.5%
Publicis Groupe SA France Advertising 6.3%
Colruyt SA Belgium Food Retail 5.7%
Aggreko PLC United Kingdom Diversified Support Services 5.4%
Unilever NV Netherlands Packaged Foods & Meats 5.3%
TGS Nopec Geophysical Co ASA Norway Oil & Gas Equipment/Services 4.2%
Sonova Holding AG Switzerland Health Care Equipment 4.0%
Skanska AB Sweden Construction & Engineering 3.8%
Major Holdings Represent 55.5%
CALENDAR YEAR RETURNS
2013 27.5%
2012 9.8%
2011 0.5%
2010 0.4%
2009 7.6%
2008 -8.2%
2007 -1.7%
2006 26.3%
2005 -2.6%
2004 9%

The Calendar Year Returns shown above are the Canadian dollar returns.
FUND MANAGERS
 
WHY INVEST IN THIS FUND?
Paul Musson
Mackenzie Ivy Team
Matt Moody
Mackenzie Ivy Team
  1. Pursues long-term capital growth by investing in a select group of high-quality, European companies – including those with significant international operations
  2. Suitable as a core European equity holding with lower-volatility characteristics – preservation of an investor’s wealth is the hallmark of the Fund’s investment approach
  3. Truly differentiated European equity offering with low correlation to the S&P/TSX Composite Index

 
VALUE OF INVESTMENT
as of Jun 30, 2014

 
Amount Invested: $ 10,000
Current Value: $ 21,784
 

REGIONAL ALLOCATION
as of May 31, 2014

 

SECTOR ALLOCATION
as of May 31, 2014

 
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