Putnam Investments Inc.
Philosophy and process
Putnam Investments’ selects US stocks using a top down, bottom up approach that relies on blending investment themes with deep fundamental research. The team analyzes global trends, as well as problems and potential solutions, to identify which themes could drive sustained growth for businesses over a multi-year time horizon.
Richard Bodzy, MBA
Investment experience since 2004
Richard Bodzy is a Portfolio Manager for the Mackenzie US All Cap Growth Fund and a Portfolio Manager for Putnam Investments.
Richard has been in the investment industry since 2004 and joined Putnam in 2009. Previously, he served as an equity analyst, industrials, at a leading US-based financial services firm in 2008. From 2004 to 2006, Richard was a hedge fund analyst at a leading provider of independent investment research.
Richard earned a BA from the University of Michigan and an MBA from the Darden Graduate School of Business at the University of Virginia.
Gregory D. McCullough, CFA
Investment experience since 2008
Gregory McCullough is an Assistant Portfolio Manager for the Mackenzie US All Cap Growth Fund and a Portfolio Manager, Analyst for Putnam Investments.
Gregory has been in the investment industry since 2008 and joined Putnam in 2019. Previously, he served as a Senior Vice President, Senior Global Equity Analyst, at a leading US-based financial services firms in 2014 to 2019. From 2008 to 2013 he served as a Vice President, Global Equity Analyst.
Gregory earned a BA from Davidson College and an MBA from the Darden Graduate School of Business at the University of Virginia.
Awards and rankings
The highest ratings given by the independent investment research firm Morningstar
- Mackenzie Asia Team
- Mackenzie Bluewater Team
- Mackenzie Cundill Team
- Mackenzie Europe Team
- Mackenzie Fixed Income Team
- Mackenzie GLC Team
- Mackenzie Global Equity & Income Team
- Mackenzie Global Quantitative Equity Team
- Mackenzie Greenchip Team
- Mackenzie Growth Team
- Mackenzie Ivy Team
- Mackenzie Multi-Asset Strategies Team
- Mackenzie North American Equities Team
- Mackenzie Portfolio Solutions Team
- Mackenzie Real Estate Team
- Mackenzie Resource Team
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. For more information, see 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.
- Mackenzie U.S. All Cap Growth Fund Series A was recognized for outstanding fund performance at the 2020 Fundata FundGrade A+ Awards in the U.S. Equity category out of a total of 888 funds. Performance for the fund for the period ended December 31, 2020 is as follows: 33.0% (1 year), 23.1% (3 years), 18.0% (5 years), 17.5% (10 years) and 10.3% (since inception- January 1995).
Morningstar Star Ratings reflect performance of Series F units as of February 28, 2021 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 morningstar.ca.
The CIFSC categories, Star Ratings and number of funds in each category for the standard periods are: Mackenzie US All Cap Growth Fund F, U.S. Equity Category: 3 years - 5 stars (1352 funds), 5 years - 5 stars (995 funds), 10 years - 5 stars (349 funds).