Go Global with Mackenzie Bluewater
Consistent and Steady Growth Managers
The Mackenzie Bluewater Team has been successfully managing capital on behalf of Mackenzie Investments for over 24 years. Their disciplined style of growth investing has led to a positive investment experience for investors, by achieving top-quartile performance across their entire suite of portfolios spanning Canadian, US and international investments.
Bluewater’s success in managing the Mackenzie Canadian Growth Fund and Mackenzie Canadian Growth Balanced Fund, both 5-star rated funds, has been extended to additional funds managed by the Team over the past 3 years, Mackenzie Global Growth Class and Mackenzie US Growth Class†. Over this period, these funds delivered strong returns, establishing 5-star ratings^ and outperforming 96% of the Morningstar Global Equity peer group and 90% of the Morningstar US Equity peer group, respectively.
Everything You Need to Know
† Portfolio Manager change: August 8, 2016. Source: Morningstar as of July 31, 2019.
^ Based on Morningstar 3-year performance
Standard performance data, as of July 31.
The performance of Mackenzie Global Growth Class Series F for each period is as follows: 1-year 11.4%, 3-years 14.6%, 5-years 12.1%, 10-years 12.1% (As of July 31, 2019). The performance of MSCI World Index for each period is as follows: 1-year 4.5%, 3-years 10.7%, 5-years 11.1%, 10-years 12.0% (As of July 31, 2019). The performance of Morningstar Global Equity Peer Group for each period is as follows: 1-year 2.7%, 3-years 8.1%, 5-years 8.3%, 10-years 9.6% (As of July 31, 2019).
The performance of Mackenzie US Growth Class Series F for each period is as follows: 1-year 16.8%, 3-years 15.9%, 5-years 13.7%, 10-years 12.2% (As of July 31, 2019). The performance of S&P 500 Index TR for each period is as follows: 1-year 8.9%, 3-years 13.6%, 5-years 15.6%, 10-years 16.3% (As of July 31, 2019). The performance of Morningstar US Equity Peer Group for each period is as follows: 1-year 6.5%, 3-years 11.0%, 5-years 12.0%, 10-years 13.4% (As of July 31, 2019).
The performance of Mackenzie Canadian Growth Fund Series F for each period is as follows: 1-year 8.5%, 3-years 13.0%, 5-years 14.2%, 10-years 12.4% (As of July 31, 2019). The performance of the blended benchmark composed of 60% S&P/TSX Composite Index, 30% S&P 500 Index and 10% MSCI EAFE (Net) Index for each period is as follows: 1-year 4.6%, 3-years 9.2%, 5-years 8.1%, 10-years 10.2% (As of July 31, 2019). The performance of Morningstar Canadian Focused Equity Peer Group for each period is as follows: 1-year 0.9%, 3-years 6.2%, 5-years 4.8%, 10-years 7.5% (As of July 31, 2019).
The performance of Mackenzie Canadian Growth Balanced Fund Series F for each period is as follows: 1-year 8.3%, 3-years 9.5%, 5-years 10.6%, 10-years 9.5% (As of July 31, 2019). The performance of the blended benchmark composed of 65% S&P/TSX Composite Index and 35% FTSE Canada Universe Bond Index for each period is as follows: 1-year 5.1%, 3-years 5.6%, 5-years 4.3%, 10-years 6.5% (As of July 31, 2019). The performance of Morningstar Canadian Equity Balanced Peer Group for each period is as follows: 1-year 2.4%, 3-years 5.0%, 5-years 4.2%, 10-years 6.4% (As of July 31, 2019).
©2019 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results. Morningstar data is shown as of the most recent reporting period by each fund family. Allocations may not equal 100% and will vary overtime. Assets contained within “Other” category are not classified by Morningstar. All information presented in this tool is for informational purposes only and is not intended to be investment advice. The information is not meant to be an offer to sell or a recommendation to buy any investment product. Unless otherwise noted, performance is shown before sales charge. For more fund information, click the POS Documents link. All information is historical and not indicative of future results. Current performance may be lower or higher than the quoted past performance, which cannot guarantee results. Share price, principal value, and return will vary, and you may have a gain or a loss when you sell your shares. Performance assumes reinvestment of distributions and does not account for taxes. Performance may not reflect any expense limitation or subsidies currently in effect. Short-term trading fees may apply. To obtain the most recent month-end performance, visit Morningstar.com. This material is for informational and educational purposes only. It is not a recommendation of any specific investment product, strategy, or decision, and is not intended to suggest taking or refraining from any course of action. It is not intended to address the needs, circumstances, and objectives of any specific investor. Mackenzie Investments, which earns fees when clients select its products and services, is not offering impartial advice in a fiduciary capacity in providing this sales and marketing material. This information is not meant as tax or legal advice. Investors should consult a professional advisor before making investment and financial decisions and for more information on tax rules and other laws, which are complex and subject to change. © 2019 Mackenzie Investments. All rights reserved.
Morningstar Star Ratings reflect performance of Series F as of July 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. Mackenzie Global Growth Class Series F, Global Equity Category, 3 years – 1,432 funds (5 stars), 5 years – 950 funds (4 stars), 10 years – 457 funds (4 stars). Mackenzie US Growth Class Series F, US Equity Category, 3 years – 1,237 funds (5 stars), 5 years – 815 funds (4 stars), 10 years – 311 funds (2 stars).
Percentile rankings are from Morningstar Research Inc., an independent research firm, based on the Morningstar Global Equity Category, and reflect the performance of the Mackenzie Global Growth Class series F for each period. Percentile rankings are also based on the Morningstar US Equity Category, and reflect the performance of the Mackenzie US Growth Class series F for each period.
Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investment funds. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution, or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.