Commissions, trailing commissions, management fees and expenses all may be associated with investment funds. Please read the prospectus of before investing. Mutual funds and ETFs are not guaranteed, their values change frequently and past performance may not be repeated.
The content of this brochure (including facts, views, opinions, recommendations, descriptions of or references to, products or securities) is not to be used or construed as investment advice, as an offer to sell or the solicitation of an offer to buy, or an endorsement, recommendation or sponsorship of any entity or security cited. Although we endeavour to ensure its accuracy and completeness, we assume no responsibility for any reliance upon it. Morningstar Star Ratings reflect performance of Series F as of May 31, 2019 and are subject to change monthly. The ratings are an objective, quantitative measure of a fund’s historical risk-adjusted performance relative to other funds in its category. Only funds with at least a three-year track record are considered. The overall star rating for a fund is a weighted combination calculated from a fund’s 3, 5, and 10-year returns, as available, measured against the 91-day treasury bill and peer group returns. A fund can only be rated if there are a sufficient number of funds in its peer group to allow comparison for at least three years. If a fund scores in the top 10% of its fund category, it gets 5 stars; if it falls in the next 22.5%, it receives 4 stars; a place in the middle 35% earns a fund 3 stars; those in the next 22.5% receive 2 stars; and the lowest 10% receive 1 star. For more details on the calculation of Morningstar Star Ratings, see www.morningstar.ca.
The CIFSC categories, Star Ratings, number of funds in each category, and annual compounded performance for the standard periods are: Mackenzie Canadian Bond Fund Series F, Canadian Fixed Income category: 3 years – 4 stars (420 funds) 2.74%, 5 years – 4 stars (338 funds) 3.49%, 10 years – 4 stars (158 funds) 4.36%. Unconstrained Fixed Income Fund Series F, High Yield Fixed Income category: 3 years – 4 stars (350 funds) 5.92%, 5 years – n/a, 10 years – n/a. Mackenzie Strategic Bond Fund Series F, Canadian Fixed Income category:3 years – 5 stars (420 funds) 3.22%, 5 years – 4 stars (358 funds) 3.22%, 10 years – n/a. Mackenzie Floating Rate Income Fund Series F, Floating Rate Loans category: 3 years – 5 stars (95 funds) 7.08% 5 years – 4 stars (51 funds) 4.50%, 10 years – n/a. Mackenzie Canadian Short Term Income Fund Series F, Canadian Short Term Fixed Income category: 3 years – 5 stars (197 funds) 2.54%, 5 years – 4 stars (162 funds) 2.18%, 10 years – 4 stars (57 funds) 2.70.
FundGrade A+ is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award.
- Mackenzie Income Fund Series A, Canadian Fixed Income Balanced category: 1 year - (533 funds) - 5 2.2%, 3 years - (438 funds) 2.7%, 5 years - (358 funds) 3.5%, 10 years - (143 funds) 5.1%, since inception - 7.8% (September 30, 1974)
- Mackenzie Canadian Growth Balanced Fund Series A, Canadian Equity Balanced category: 1 year - (471 funds) -2.1%, 3 years - (378 funds) 4.7%, 5 years - (310 funds) 8.2%, 10 years - (161 funds) 7.1%, since inception - 6.4% (November 28, 1996)
For more information, see http://www.fundgradeawards.com/. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.