Inception: December 1985 (1)
Benchmark: S&P/TSX Composite Total Return Index
Lead Portfolio Manager: William Aldridge, MBA, CFA
Investment Adviser: Mackenzie Financial Corporation
- Bottom-up value philosophy and disciplined stock selection process has been firmly entrenched over the past 25+ years.
- Entry and exit prices are guided by assessed fair market value, resulting in tight buy and sell disciplines.
The Mackenzie North American Equities team invests in what they identify as the best value opportunities across North America. We believe that investing in companies with quality characteristics provides a better opportunity to close the value gap while limiting potential downside risk. Our expertise lies in the ability to tactically allocate across the market cap spectrum to potentially realize value from the best opportunities in the marketplace.
- Bottom-up investment strategy with a value-oriented philosophy and process is followed to provide a consistent, statistically grounded approach to the analysis of investment opportunities.
- Employs a disciplined, consistent and repeatable approach to stock selection focusing on companies whose stock prices are trading below the assessed intrinsic or fair market value.
- Investment decisions are guided by the team's rigorous process and assessment of fair market value.
- Portfolio targets 35-65 securities and is well diversified by company, sector, and market capitalization.
1 Mackenzie Investments (the “Firm”) has been managing Canadian All Cap Value assets since December 1985. The Firm claims compliance with GIPS® starting January 1, 2008 and has been independently verified for the period of January 1, 2008 to December 31, 2018.
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The material presented on this website is for informational purposes only and is intended for institutions, investment professionals, consultants and clients, and does not constitute an offer or solicitation of any kind to buy or sell any investment fund or any other product, investment, security, trading strategy or other service to anyone in any jurisdiction in which an offer or solicitation is not authorized or cannot legally be made or to any person to whom it is unlawful to make such an offer. Prospective clients are responsible for determining whether any product or service may lawfully be sold in their jurisdiction.
Investing involves risk.
The contents of this document are provided for illustrative and marketing purposes and do not constitute specific advice regarding your personal investment situation or provide specific individual advice about investment, insurance, financial, legal, accounting, tax or similar matters. Certain information contained in this document is obtained from third parties. Mackenzie Investments believes such information to be accurate and reliable as at the date hereof, however, we cannot guarantee that it is accurate or complete or current at all times. The information provided is subject to change without notice and Mackenzie Investments cannot be held liable for any loss arising from any use of or reliance on the information contained in this document. No portion of this communication may be reproduced or distributed to anyone without the express permission of Mackenzie Investments.
The Mackenzie Canadian All Cap Value Composite contains fully discretionary, Canadian All Cap Value accounts. New accounts are included in the Composite beginning with the first full month under management after they have been fully invested.
GIPS Compliance Statement
Mackenzie Investments claims compliance with the Global Investment Performance Standards (GIPS®).
The Canadian All Cap Value Composite seeks to provide superior long-term capital appreciation by investing in a portfolio of undervalued Canadian equities across all market capitalizations. The composite was created on December 31, 2012.
The benchmark is the S&P/TSX Composite Total Return Index. The S&P/TSX Composite Total Return Index is a capitalization-weighted index that represents some of the largest float-adjusted stocks trading on the Toronto Stock Exchange.
List of Composites
A complete list of composite descriptions is available to prospective clients upon request. Please contact Carol De Veau at firstname.lastname@example.org.