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Fund Price: $4.54 (as at July 31, 2015)  1-day chg: $-.0007 -0.02%  YTD: 0.87%

Returns as at June 30, 2015

  Fund Group Avg Index*
1 Month -0.97% -0.91% -0.91%
3 Months 0.74% 0.22% 0.19%
6 Months 2.96% 2.41% 2.44%
1 Year -0.71% 0.58% 0.60%
2 Year Avg 4.52% 4.52% 4.34%
3 Year Avg 5.06% 4.94% 4.79%
4 Year Avg 5.40% 4.80% 4.58%
5 Year Avg 6.40% 5.90% 5.45%
10 Year Avg 5.11% 4.56% 4.34%
15 Year Avg 5.98% 5.02% 4.75%
20 Year Avg - 5.46% 4.99%
Since Inception 5.93% - -
 
2014 1.25% 2.82% 2.59%
2013 5.18% 3.55% 3.45%
2012 11.45% 10.99% 11.05%
 
3 year risk 3.70 4.44 3.16
3 year beta 1.10 0.94 1.00

*Globe High Yield Fixed Income Peer Index

Growth of $10,000

This graph shows how a $10,000 investment in this fund would have changed in value compared with the Globe High Yield Fixed Income Peer Index.

Risk Measures as at June 30, 2015

Best/Worst 12 months (since inception)
Best (ending Dec 09): 29.50 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Worst (ending Dec 08): -17.13 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
Volatility meter (Based on 3 year standard deviation from GlobeInvestor.com)
Low VOLATILITY METER: 4 High

Fund Objectives

The Fund seeks above-average income with the potential for long-term growth of accumulated capital. The Fund invests primarily in higher yielding Canadian corporate securities (both equity and fixed income securities). Any proposed change in the fundamental investment objectives of the Fund must be approved by a majority of the votes cast at a meeting of the Fund�s investors called for that purpose.

Fund Facts

Fund Sponsor: Mackenzie Investments
Managed by: Mackenzie Investments
Fund Type: MF Trust
Inception Date: October 1999
Asset Class: High Yield Fixed Income
Quartile Rank: 3 (3YR ending June 30, 2015)
Total Assets: $1,320.8 million
Mgmt Exp. Ratio (MER): 1.73%
Management Fee: 1.35%
Load Type: Optional
Globe 5-Star Rating:
RRSP Eligible:
Canadian
Min. Invest (initial):
$500
Subsequent:
$100
Min. Invest (initial RRSP):
$500
Subsequent RRSP:
$100
Closed:
No
Restricted:
No
Restriction:
 
 

Asset Allocation December 31, 2014

Bond Type December 31, 2014

Bond Term December 31, 2014

Top Holdings as at December 31, 2014

Symbol Company Name Sector Geographic
Area
Asset
Type
% of
Total Assets
  Performance as at July 31, 2015
1 Year Performance (%)
  OTHER ASSETS Other 1.56   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  CHC Helicopter, 9.25%, OCT/15/20 Bond 1.15   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Brookfield Residential Prop., 6.50%, DEC/15/20 Bond 1.08   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Videotron Ltd., 6.88%, JUL/15/21 Bond 1.01   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Domtar Corp., 10.75%, JUN/01/17 Bond 0.98   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fairfax Financial Holdings, 7.38%, APR/15/18 Bond 0.93   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Fairfax Financial Holdings, 7.50%, AUG/19/19 Bond 0.93   -0.98 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Great Canadian Gaming, 6.63%, JUL/25/22 Bond 0.87   -0.94 bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)
  Gibson Energy, 7.00%, JUL/15/20 Bond 0.86   - bar graph of the performance of this holding (negative result) bar graph of the performance of this holding (positive result)

Distribution Report (18 months up to July 31, 2015)

Frequency of Income Distributions: Monthly

Frequency of Capital Gain Distributions: Annually

Date Income Dividend Capital Gain Total (Current Period) Trailing 12-Months Total Reinvestment Price
Jul 24, 2015 0.0012 0.0012 0.1894 4.545
Jun 19, 2015 0.0008 0.0008 0.2015 4.630
May 29, 2015 0.0045 0.0045 0.2060 4.677
May 22, 2015 0.0170 0.0170 0.2015 4.672
Apr 17, 2015 0.0156 0.0156 0.2079 4.667
Mar 20, 2015 0.0184 0.0184 0.2092 4.624
Feb 20, 2015 0.0185 0.0185 0.2051 4.650
Jan 23, 2015 0.0193 0.0193 0.2051 4.589
Dec 24, 2014 0.0206 0.0206 0.2116 4.584
Nov 21, 2014 0.0161 0.0161 0.2113 4.710
Oct 24, 2014 0.0209 0.0209 0.2179 4.753
Sep 19, 2014 0.0157 0.0157 0.2157 4.804
Aug 22, 2014 0.0208 0.0208 0.2175 4.844
Jul 18, 2014 0.0133 0.0133 0.2189 4.848
Jun 20, 2014 0.0053 0.0053 0.2245 4.860
May 23, 2014 0.0234 0.0234 0.2363 4.845
Apr 17, 2014 0.0169 0.0169 0.2357 4.818
Mar 21, 2014 0.0143 0.0143 0.2360 4.805
Feb 21, 2014 0.0185 0.0185 0.2447 4.784

Portfolio Manager(s)

Paul Scanlon, MBA, CFA

Putnam Investments Inc.

Start Date: June, 2011

Fund Return: 4.96%

Paul Scanlon, is Co-head of Fixed Income at Putnam Investments. Paul has investment experience since 1986 and joined Putnam in 1999.

Also manages:GWL NA High Yield Bnd (Put) 75/100, IG Putnam US Hi Yld Inc Srs C, Mackenzie Global Strategic Inc-T5, Mackenzie North Amer Corp Bond-A

View fund manager performance report

Norman Boucher, MBA,

Putnam Investments Inc.

Start Date: June, 2011

Fund Return: 4.96%

Norman Boucher is Portfolio Manager at Putnam Investments. He is responsible for managing the cyclical part of Putnam's high-yield portfolios. Norman has investment experience since 1985 and joined Putnam in 1998.

Also manages:GWL NA High Yield Bnd (Put) 75/100, Mackenzie Global Strategic Inc-T5, Mackenzie North Amer Corp Bond-A

View fund manager performance report

Bryan C. Krug

Waddell & Reed Investment Management Company

Start Date: June, 2011

Fund Return: 4.96%

Bryan Krug is Vice President, and Portfolio Manager for Waddell & Reed. Bryan joined Waddell & Reed in January 2001 as a high yield investment analyst. He was appointed assistant vice president and assistant portfolio manager in January 2004. He assumed responsibility for the Ivy High Income Fund in February 2006. His research responsibilities are concentrated in cable, media, leisure, and consumer-related industries. Prior to joining Waddell & Reed, he was a vice president of Pacholder Associates. Affiliated with Pacholder since June 1999; he was the primary analyst for a $60 million distressed portfolio. He manages a portion of the foreign exposure of the Mackenzie Sentinel Corporate Bond Fund. He graduated in May 1999 with a BS in finance from Miami University, Richard T. Farmer School of Business.

View fund manager performance report

Robert Salvin, MBA

Putnam Investments Inc.

Start Date: June, 2011

Fund Return: 4.96%

Robert Salvin is a Portfolio Manager on the Core Fixed Income High Yield team at Putnam. Robert has investment experience since 1986 and joined Putnam in 2000.

Also manages:GWL NA High Yield Bnd (Put) 75/100, Mackenzie Global Strategic Inc-T5, Mackenzie North Amer Corp Bond-A

View fund manager performance report

Kevin Murphy

Putnam Investments Inc.

Start Date: June, 2011

Fund Return: 4.96%

Kevin Murphy is Team Leader of High Grade Credit and Team Leader of Emerging Markets Debt at Putnam Investments. Kevin has investment experience since 1988 and has been with Putnam since 1999.

Also manages:GWL NA High Yield Bnd (Put) 75/100, Mackenzie Global Strategic Inc-T5, Mackenzie North Amer Corp Bond-A

View fund manager performance report