Expert Insights | Mackenzie Investments

Expert Insights

Mackenzie’s thought leaders share their expert knowledge on investment strategies, portfolio construction, the economy and the markets and more. 

Check out our expert insight videos here.

Latest Insights

Fund Insight: Pay Yourself with Ivy Canadian Balanced

Capital preservation is key for investors who draw regular income from their investments. Learn how the Mackenzie Ivy Canadian Balanced Fund/Class is uniquely positioned to protect on the downside. 

January 31, 2019 Bookmark the Web Page, Fund Insight: Pay Yourself with Ivy Canadian Balanced Add to My Bookmarks

Read more

Fund Insights: Pay Yourself with Ivy Global Balanced

Capital preservation is key for investors who draw regular income from their investments. Learn how the Mackenzie Ivy Global Balanced Fund/Class are uniquely positioned to protect on the downside.

January 31, 2019 Bookmark the Web Page, Fund Insights: Pay Yourself with Ivy Global Balanced Add to My Bookmarks

Read more

Significant Moves: Mackenzie Ivy Foreign Equity Fund

An essential part of any professional portfolio management approach is a structured and consistent process for buying and selling securities. It is consistently-applied buy- and sell-disciplines, anchored on robust and repeatable research and portfolio construction processes, that distinguishes great professional money managers from good ones.

December 31, 2018 Bookmark the Web Page, Significant Moves: Mackenzie Ivy Foreign Equity Fund Add to My Bookmarks

Read more

Investor Insights: Why Balanced? For Returns and Managing Risk

Balanced funds can anchor a portfolio by diversifying across equities, bonds and cash for consistent performance and risk management. Learn how balance can strengthen your portfolio’s core.

November 30, 2018 Bookmark the Web Page, Investor Insights: Why Balanced? For Returns and Managing Risk Add to My Bookmarks

Read more

Fund Insights: The Case for the US Mid Cap Space

US mid cap stocks offer a risk-return “sweet spot” between the opportunities of dynamic small businesses and the steady growth of large-cap companies.

August 31, 2018 Bookmark the Web Page, Fund Insights: The Case for the US Mid Cap Space Add to My Bookmarks

Read more

(Login Required)Fund Insights: A balanced solution to meet your clients’ needs

Mackenzie Canadian Growth Balanced Fund: A track record for portfolio growth with lower volatility and attractive downside capture.

July 20, 2018 Bookmark the Web Page, Fund Insights: A balanced solution to meet your clients’ needs Add to My Bookmarks

(Login Required)Read more

The 3 Cs of Value Investing

​Mackenzie Cundill Team is finding opportunities in the 3Cs of value investing: Cyclicals, Compounders and Cigar Butts.

June 15, 2018

Read more

Fund Insight: A Track Record of Consistency

Consistency of investment returns is crucial to the stability of an investor’s capital growth over time. Learn how Mackenzie Ivy Foreign Equity Fund has given investors a consistent investment experience over many market cycles.

April 30, 2018

Read more

Disruptors create value opportunities

The Mackenzie Cundill Team is finding ways to make money in stocks that have suffered from massive negative sentiment when disruptors such as Tesla, Netflix and Amazon enter a market creating the belief that these companies will win all the spoils and eventually “own” the market, thus destroying business models and stock prices. The Team has been able to take advantage of overreactions by investors to find good value in beaten-up companies such as Fiat Chrysler Automobiles (a perceived Tesla victim), 21st Century Fox (a perceived Netflix victim) and Advanced Auto Parts (a perceived Amazon victim).

April 16, 2018 Bookmark the Web Page, Disruptors create value opportunities Add to My Bookmarks

Read more

Investor Insight: Value stocks are overdue for a comeback

No one rings a bell at the top – or when it’s time to switch investment styles. Yet the Mackenzie Cundill Team sees many signs that growth investing may be about to cede dominance to value investing.

April 13, 2018 Bookmark the Web Page, Investor Insight: Value stocks are overdue for a comeback Add to My Bookmarks

Read more

Fund Insights: Finding Value in an Expensive Market

Despite elevated stock valuations, the Mackenzie Cundill Team is finding opportunities in what it calls the “3Cs of Value”: cyclicals, compounders and cigar butts. Learn more about the 3Cs in our new Fund Insights.

January 16, 2018 Bookmark the Web Page, Fund Insights: Finding Value in an Expensive Market Add to My Bookmarks

Read more

The Case for Investing in Chinese Equity

China’s Dynamic Place in a Global Portfolio

Investing in China may improve the risk-return profile of a global portfolio and reduce overall portfolio correlation. Read how Canadians can gain exposure to opportunities in China by leveraging investment expertise in China.

January 8, 2018 Bookmark the Web Page, The Case for Investing in Chinese Equity Add to My Bookmarks

Read more

White Paper: The Road Ahead for Dividend Investing

As interest rates in Canada and the US move higher, many Canadian investors are likely wondering whether dividend-paying companies will remain a sound investment going forward.

November 17, 2017 Bookmark the Web Page, White Paper: The Road Ahead for Dividend Investing Add to My Bookmarks

Read more

Fund Insights: How Chinese Equity can Enhance Global Equity Portfolios

China is too big to ignore as an investment opportunity. Our analysis of the effect of adding Chinese equity to a global equity portfolio can be a guide for Canadians who are considering an investment in China. 

November 1, 2017 Bookmark the Web Page, Fund Insights: How Chinese Equity can Enhance Global Equity Portfolios Add to My Bookmarks

Read more

Market Insights: Retail Investors Push to Make an Impact

More Canadian investors want sustainable, responsible and impactful investments. Two groups, in particular, are driving demand for SRI solutions.

October 10, 2017 Bookmark the Web Page, Market Insights: Retail Investors Push to Make an Impact Add to My Bookmarks

Read more

What Goes Up: Rising Equity Valuations and their Implications

Global equity valuations are above their 20-year averages. Daniel Arsenault, Investment Director with the Mackenzie Ivy Team discusses these valuations and what they means for investors.

September 12, 2017

Read more

Market Insight: Global Equity Valuations offer Investors Food for Thought

Global equity valuations are higher than their 20-year averages so investors can position portfolios for a potential correction.

September 8, 2017 Bookmark the Web Page, Market Insight: Global Equity Valuations offer Investors Food for Thought Add to My Bookmarks

Read more

Fund Insights: Mackenzie Cundill US Class

According to Jonathan Norwood, Co-Head of the Mackenzie Cundill Team, one of the biggest risks for investors is to overlook the value investing style. Learn more about the benefits of value investing and Mackenzie Cundill US Class.

September 1, 2017 Bookmark the Web Page, Fund Insights: Mackenzie Cundill US Class Add to My Bookmarks

Read more

Fund Insights: Where we are finding value in US and European banks

Jonathan Norwood and Richard Wong of the Mackenzie Cundill Team explain why they think US banks are better value now than European banks.

August 22, 2017 Bookmark the Web Page, Fund Insights: Where we are finding value in US and European banks Add to My Bookmarks

Read more

Investor Insights: Curb Your Home Bias for Better Investment Health

Too much focus on Canadian stocks can increase risk. Diversifying with global stocks can lower risk and create opportunities.

August 11, 2017 Bookmark the Web Page, Investor Insights: Curb Your Home Bias for Better Investment Health Add to My Bookmarks

Read more

Fund Insights: Investment Rationales for 3 Buys and 3 Exits

Richard Wong and Jonathan Norwood of the Mackenzie Cundill Team explain their thinking behind buying and selling several positions in the Cundill funds.

July 26, 2017 Bookmark the Web Page, Fund Insights: Investment Rationales for 3 Buys and 3 Exits Add to My Bookmarks

Read more

Fund Insights: Earn More by Losing Less

Strong investment processes provide upside performance and protect investors through downturns. Find out how the Mackenzie Canadian Growth Fund limits loss even in the midst of market downside. 

June 23, 2017 Bookmark the Web Page, Fund Insights: Earn More by Losing Less Add to My Bookmarks

Read more

Investor Insights: Stay on Track to Get Ahead

Emotional investing can leave some investors on the sidelines when the market makes gains. Learn why it is best to stay invested over the long run.

May 19, 2017 Bookmark the Web Page, Investor Insights: Stay on Track to Get Ahead Add to My Bookmarks

Read more

Fund Insights: Reducing Cyclical Exposures

Portfolio Manager Phil Taller talks about positioning the Mackenzie US Mid Cap Growth Class amid developments with the US economy, President Donald Trump and healthcare.

May 18, 2017 Bookmark the Web Page, Fund Insights: Reducing Cyclical Exposures Add to My Bookmarks

Read more

Dealing with Volatility and Diversification Through the Use of Alternative Investments

In recent years, interest in alternative investments has grown as investors seek to diversify portfolios, reduce risk and enhance long-term returns. Learn more about alternative investments in this new white paper. 

May 17, 2017 Bookmark the Web Page, Dealing with Volatility and Diversification Through the Use of Alternative Investments Add to My Bookmarks

Read more

A Systematic Approach for Asset Class Valuation

The Mackenzie Asset Allocation Team has developed a tool to value global assets on the basis of expected fundamentals. Read the Team’s new white paper to learn more about the tool and its role in their tactical asset allocation process. 

May 5, 2017 Bookmark the Web Page, A Systematic Approach for Asset Class Valuation Add to My Bookmarks

Read more

Market Insights: Growth or Value, Where Do We Go From Here?

Dina DeGeer and David Arpin of the Mackenzie Bluewater Team explain their take on the relative performance of growth and value investing styles.

April 12, 2017 Bookmark the Web Page, Market Insights: Growth or Value, Where Do We Go From Here? Add to My Bookmarks

Read more

Regime Change: How a Republican-Led Revolution Could Accelerate the Recovery in Value Strategies

In their latest white paper, the Mackenzie Cundill Team argues that we are in the early days of a multi-year reversion to value. Find out more about their rationale. 

February 9, 2017 Bookmark the Web Page, Regime Change: How a Republican-Led Revolution Could Accelerate the Recovery in Value Strategies Add to My Bookmarks

Read more

Latest Insights

Significant Moves: Mackenzie Ivy Foreign Equity Fund

An essential part of any professional portfolio management approach is a structured and consistent process for buying and selling securities. It is consistently-applied buy- and sell-disciplines, anchored on robust and repeatable research and portfolio construction processes, that distinguishes great professional money managers from good ones.

December 31, 2018 Bookmark the Web Page, Significant Moves: Mackenzie Ivy Foreign Equity Fund Add to My Bookmarks

Read more

Investor Insights: Why Balanced? For Returns and Managing Risk

Balanced funds can anchor a portfolio by diversifying across equities, bonds and cash for consistent performance and risk management. Learn how balance can strengthen your portfolio’s core.

November 30, 2018 Bookmark the Web Page, Investor Insights: Why Balanced? For Returns and Managing Risk Add to My Bookmarks

Read more

(Login Required)Fund Insights: A balanced solution to meet your clients’ needs

Mackenzie Canadian Growth Balanced Fund: A track record for portfolio growth with lower volatility and attractive downside capture.

July 20, 2018 Bookmark the Web Page, Fund Insights: A balanced solution to meet your clients’ needs Add to My Bookmarks

(Login Required)Read more

The Case for Investing in Chinese Equity

China’s Dynamic Place in a Global Portfolio

Investing in China may improve the risk-return profile of a global portfolio and reduce overall portfolio correlation. Read how Canadians can gain exposure to opportunities in China by leveraging investment expertise in China.

January 8, 2018 Bookmark the Web Page, The Case for Investing in Chinese Equity Add to My Bookmarks

Read more

Fund Insights: How Chinese Equity can Enhance Global Equity Portfolios

China is too big to ignore as an investment opportunity. Our analysis of the effect of adding Chinese equity to a global equity portfolio can be a guide for Canadians who are considering an investment in China. 

November 1, 2017 Bookmark the Web Page, Fund Insights: How Chinese Equity can Enhance Global Equity Portfolios Add to My Bookmarks

Read more

Investor Insights: Curb Your Home Bias for Better Investment Health

Too much focus on Canadian stocks can increase risk. Diversifying with global stocks can lower risk and create opportunities.

August 11, 2017 Bookmark the Web Page, Investor Insights: Curb Your Home Bias for Better Investment Health Add to My Bookmarks

Read more

A Systematic Approach for Asset Class Valuation

The Mackenzie Asset Allocation Team has developed a tool to value global assets on the basis of expected fundamentals. Read the Team’s new white paper to learn more about the tool and its role in their tactical asset allocation process. 

May 5, 2017 Bookmark the Web Page, A Systematic Approach for Asset Class Valuation Add to My Bookmarks

Read more

Latest Insights

The Chief Fixed Income Strategist’s Views on the U.S. Yield Curve

In the last 24 hours a portion of the US Treasury curve has inverted, namely the 2s – 5s sector, by a couple of basis points. Most market watchers would not classify the 2s- 5s inversion as the key metric for curve inversion or the economic outlook, preferring to watch the 2s – 10s space as a better barometer of (possible) signs to come. Nevertheless, the inversion has caught the attention of many.

December 4, 2018

Read more

The Looming Pension Crisis: Why it Matters and How to Prepare

Retirement planning requires plenty of thought and substantive analysis. Many pieces of that process include vague estimates about potential return, potential income growth, potential life span, and potential spending habits and obligations. Even for financially literate people, it is challenging to deal with that many unknowns and non-linear relationships.

May 31, 2018 Bookmark the Web Page, The Looming Pension Crisis: Why it Matters and How to Prepare Add to My Bookmarks

Read more

The Sustainable Movement: Resource opportunities in the shift from Oil to Lithium

In the shift to renewable energy sources, the Mackenzie Resource Team says investors can apply a valuation framework that uses a sustainability lens to find opportunities. 

March 16, 2018

Read more

Putting the 2018 Market Decline into Perspective

So far in 2018 equity markets have experienced a dramatic uptick in volatility coupled with multi-year performance lows across regions. Markets peaked around the end of January and found their most recent bottom some time during the trading day on February 9. During that period, the MSCI World Index declined about 7% in CAD terms (using end-of-day levels).

March 15, 2018

Read more

Understanding Trump, Tariffs and Market Volatility

Another day, another Trump tweet - this time on international trade. On March 1st, global stock markets reacted negatively to fresh fears of a potential trade war, ignited by President Donald Trump's declaration that the United States would impose tariffs of 25% on imported steel and 10% on imported aluminum.

March 9, 2018 Bookmark the Web Page, Understanding Trump, Tariffs and Market Volatility Add to My Bookmarks

Read more

Market Insights: High Stock Valuations can Persist in the Absence of Inflation

The Mackenzie Bluewater Team says the sustainability of equity valuations is likely tied to the sustainability of low inflation. This could mean that today's high stock valuations might inch up.

February 5, 2018 Bookmark the Web Page, High Stock Valuations can Persist in the Absence of Inflation Add to My Bookmarks

Read more

White paper: From Oil to Lithium

Mackenzie Resource Team sees investor opportunities in the shift from inefficient, polluting resources to sustainables. Climate change is forcing leading economies to make big decisions that could have a historic impact on resource sectors.

February 2, 2018 Bookmark the Web Page, White paper: From Oil to Lithium Add to My Bookmarks

Read more

Fund Insights: Canada’s ‘Wall of Worry’

The Mackenzie Bluewater Team says Canada’s economy faces headwinds in 2018, including uncertainty around NAFTA renegotiations. Read how the Mackenzie Canadian Growth Fund is positioned to deal with a potentially slower economy.

January 25, 2018 Bookmark the Web Page, Fund Insights: Canada’s ‘Wall of Worry’ Add to My Bookmarks

Read more

The Case for Investing in Chinese Equity

China’s Dynamic Place in a Global Portfolio

Investing in China may improve the risk-return profile of a global portfolio and reduce overall portfolio correlation. Read how Canadians can gain exposure to opportunities in China by leveraging investment expertise in China.

January 8, 2018 Bookmark the Web Page, The Case for Investing in Chinese Equity Add to My Bookmarks

Read more

Market Insights: Retail Investors Push to Make an Impact

More Canadian investors want sustainable, responsible and impactful investments. Two groups, in particular, are driving demand for SRI solutions.

October 10, 2017 Bookmark the Web Page, Market Insights: Retail Investors Push to Make an Impact Add to My Bookmarks

Read more

What Goes Up: Rising Equity Valuations and their Implications

Global equity valuations are above their 20-year averages. Daniel Arsenault, Investment Director with the Mackenzie Ivy Team discusses these valuations and what they means for investors.

September 12, 2017

Read more

Market Insight: Global Equity Valuations offer Investors Food for Thought

Global equity valuations are higher than their 20-year averages so investors can position portfolios for a potential correction.

September 8, 2017 Bookmark the Web Page, Market Insight: Global Equity Valuations offer Investors Food for Thought Add to My Bookmarks

Read more

Fund Insights: Mackenzie Cundill US Class

According to Jonathan Norwood, Co-Head of the Mackenzie Cundill Team, one of the biggest risks for investors is to overlook the value investing style. Learn more about the benefits of value investing and Mackenzie Cundill US Class.

September 1, 2017 Bookmark the Web Page, Fund Insights: Mackenzie Cundill US Class Add to My Bookmarks

Read more

Fund Insights: Where we are finding value in US and European banks

Jonathan Norwood and Richard Wong of the Mackenzie Cundill Team explain why they think US banks are better value now than European banks.

August 22, 2017 Bookmark the Web Page, Fund Insights: Where we are finding value in US and European banks Add to My Bookmarks

Read more

Market Insights: Speed Bumps in the Road: Analyzing Key Challenges to Electric Vehicle Adoption

The shift to electric vehicles poses a structural threat to the energy sector. Mackenzie Bluewater Team assesses four technical challenges for the transition.

August 2, 2017 Bookmark the Web Page, Market Insights: Speed Bumps in the Road: Analyzing Key Challenges to Electric Vehicle Adoption Add to My Bookmarks

Read more

Caught Speeding: The Rise of Electric Vehicles & the Impact to the Energy Sector

Electric vehicles (EVs) are primed to disrupt the energy sector in the coming years. Learn more about the adoption of EVs and how the Mackenzie Bluewater Team is preparing for this massive shift.

August 2, 2017

Read more

Market Insights: The Fast Approaching Threat to the Energy Sector

The advance of electric vehicles could have a major impact on oil stocks. Mackenzie Bluewater Team factors the shift into its energy exposure.

July 27, 2017 Bookmark the Web Page, Market Insights: The Fast Approaching Threat to the Energy Sector Add to My Bookmarks

Read more

Fund Insights: Reducing Cyclical Exposures

Portfolio Manager Phil Taller talks about positioning the Mackenzie US Mid Cap Growth Class amid developments with the US economy, President Donald Trump and healthcare.

May 18, 2017 Bookmark the Web Page, Fund Insights: Reducing Cyclical Exposures Add to My Bookmarks

Read more

Relief rally following the first round of the French presidential election

On April 23, France held the first round of its Presidential Election. Todd Mattina, Chief Economist and Strategist on the Mackenzie Asset Allocation Team, discusses the first round results and the immediate impact on global markets. 

April 24, 2017 Bookmark the Web Page, Relief rally following the first round of the French presidential election Add to My Bookmarks

Read more

Market Insights: Growth or Value, Where Do We Go From Here?

Dina DeGeer and David Arpin of the Mackenzie Bluewater Team explain their take on the relative performance of growth and value investing styles.

April 12, 2017 Bookmark the Web Page, Market Insights: Growth or Value, Where Do We Go From Here? Add to My Bookmarks

Read more

Market Insights: Are Stocks Richly Valued?

The tremendous bull run of the US stock market has raised some concerns that the market has gone too far, too fast and that valuations are at high levels. The Mackenzie Bluewater Team explores these concerns in their latest Market Insight. 

March 1, 2017 Bookmark the Web Page, Market Insights: Are Stocks Richly Valued? Add to My Bookmarks

Read more

Regime Change: How a Republican-Led Revolution Could Accelerate the Recovery in Value Strategies

In their latest white paper, the Mackenzie Cundill Team argues that we are in the early days of a multi-year reversion to value. Find out more about their rationale. 

February 9, 2017 Bookmark the Web Page, Regime Change: How a Republican-Led Revolution Could Accelerate the Recovery in Value Strategies Add to My Bookmarks

Read more