Skip Navigation

Mackenzie Canadian Concentrated Growth Equity

Inception: July 1993¹

Benchmark: S&P/TSX Composite Total Return Index

Lead Portfolio Manager: Ben Fawcett, CFA

Investment Adviser: Mackenzie Financial Corporation

Portfolio Advantage

  • A concentrated portfolio of high quality, large-cap stocks that are broadly diversified across sectors.
  • Seeks to have higher return-on-invested capital attributes, higher growth metrics and a higher re-investment rate compared to the broad Canadian benchmark.
  • Growth-oriented management style that combines top-down macro-analysis with bottom-up fundamental stock research.  

Investment Philosophy

The Mackenzie GLC Team combines top-down macro-level analysis with fundamental bottom-up research. The team seeks to identify industry risks, competitive opportunities and macro trends to influence sector allocations. This top-down view is augmented by a disciplined and thorough fundamental due diligence process to identify companies that are positioned to outperform. Within well-defined risk parameters, the team seeks out companies across the market cap spectrum and will take meaningful positions in specific companies when opportunities present themselves.

Investment Approach

  • The team applies a deep fundamental analysis approach to stock selection and focuses on companies with strong business models, sustainable competitive advantages, proven management teams and a track record for generating return-on capital well in excess of their cost of capital.
  • Using dynamic and proprietary financial models along with deep dive analysis into companies, the portfolio manager seeks to capture opportunities and manage risks that are mispriced or not yet priced into the market.
  • Concentrated portfolio of 25 to 45 high-conviction holdings

Downloads

© 2019 Mackenzie Financial Corporation. All rights reserved.
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 Concentrated Growth Equity Composite contains fully discretionary, Canadian Concentrated Growth Equity 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®).

Composite Description
The Canadian Concentrated Growth Equity Composite invests primarily in large-cap Canadian equities with a focus on capital growth over the long-term. Prior to January 1, 2021, the composite was known as the Canadian Focused Large Cap GARP composite. The composite was created on December 31, 2012.

Benchmark Description
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 cdeveau@mackenzieinvestments.com.

¹This strategy was managed by GLC Asset Management from the inception date to December 31, 2020. On and from January 1, 2021, Mackenzie Investments was responsible for the management of the strategy after it acquired GLC Asset Management.