September 30, 2026
A Canadian value fund seeking a steady stream of dividend income while preserving capital.
Is this fund right for you?
- You want your money to grow over a longer term.
- You want to invest in preferred and common shares of Canadian corporations to provide dividend income.
- You're comfortable with a moderate level of risk.
RISK RATING
How is the fund invested? (as of September 30, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 85.4 |
| US Equity | 9.3 |
| Income Trust Units | 2.8 |
| International Equity | 2.0 |
| Cash and Equivalents | 0.6 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 87.9 |
| United States | 9.3 |
| Bermuda | 0.8 |
| Ireland | 0.3 |
| Japan | 0.3 |
| United Kingdom | 0.3 |
| Taiwan | 0.2 |
| France | 0.2 |
| Germany | 0.1 |
| Other | 0.6 |
| Name | Percent |
|---|---|
| Financial Services | 32.3 |
| Energy | 17.7 |
| Basic Materials | 15.2 |
| Industrial Services | 8.9 |
| Technology | 5.6 |
| Utilities | 4.5 |
| Consumer Services | 3.7 |
| Industrial Goods | 3.4 |
| Healthcare | 2.7 |
| Other | 6.0 |
Growth of $10,000 (since inception)
For the period 05/14/2012 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $32,652
Fund details
| Top holdings | Percent (%) |
|---|---|
| Royal Bank of Canada | 8.7 |
| Toronto-Dominion Bank | 5.6 |
| Agnico Eagle Mines Ltd | 4.9 |
| Canadian Pacific Kansas City Ltd | 3.9 |
| Canadian Natural Resources Ltd | 3.7 |
| Manulife Financial Corp | 3.6 |
| Enbridge Inc | 3.2 |
| Canadian Imperial Bank of Commerce | 3.2 |
| Bank of Montreal | 3.1 |
| Wheaton Precious Metals Corp | 2.4 |
| Total allocation in top holdings | 42.3 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 9.36% |
| Dividend yield | 2.26% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $303,372.4 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -2.91 | 7.27 | 13.77 | 17.17 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 18.54 | 11.22 | 8.74 | 8.58 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 19.22 | 14.20 | 5.68 | -2.72 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 24.57 | -4.55 | 18.78 | -9.13 |
Range of returns over five years (June 01, 2012 - September 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 13.74% | Oct 2025 | 0.11% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 6.80% | 100 | 113 | 0 |
fundgrade A+ logo
Fund category
Canadian Dividend & Income Equity
Inception date
May 14, 2012
Management expense ratio (MER)*
2.85%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$57.8
Price
$32.65
Number of holdings
1241
Minimum Investment
$500
Fund codes
FEL — CLGO062I
DSC^ — CLGO062J
LSC — CLGO062L
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 05/14/2012 through 09/30/2026 with $10,000 CAD investment
Total returns performance
226.52%
Last price
$32.65 CAD
as of market close 09/30/2026
Value of $10,000 investment
$32,651.78 CAD
