September 30, 2026
A Canadian corporate fixed-income fund seeking to provide a high level of interest income.
Is this fund right for you?
- You want to protect your money from inflation while also protecting it from large swings in the market.
- You want to invest in Canadian fixed-income securities issued by corporations, with some exposure to foreign fixed-income securities.
- You're comfortable with a low level of risk.
RISK RATING
How is the fund invested? (as of September 30, 2026)
| Name | Percent |
|---|---|
| Domestic Bonds | 97.6 |
| Cash and Equivalents | 1.2 |
| Foreign Bonds | 1.0 |
| Canadian Equity | 0.3 |
| International Equity | 0.1 |
| Other | -0.2 |
| Name | Percent |
|---|---|
| Canada | 98.4 |
| United States | 1.6 |
| Bermuda | 0.1 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Fixed Income | 98.5 |
| Cash and Cash Equivalent | 1.2 |
| Utilities | 0.2 |
| Telecommunications | 0.1 |
| Financial Services | 0.1 |
| Other | -0.1 |
Growth of $10,000 (since inception)
For the period 07/08/2013 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $11,755
Fund details
| Top holdings | Percent (%) |
|---|---|
| TransCanada Trust 4.20% 04-Dec-2030 | 3.3 |
| Toronto-Dominion Bank 3.61% 10-Sep-2030 | 1.9 |
| Enbridge Inc. 2.82% 05-12-2031 | 1.8 |
| Algonquin Power & Utils Corp 5.25% 18-Jan-2082 | 1.7 |
| Videotron Ltd. 4.50% 01-15-2030 | 1.6 |
| Altalink LP 3.99% 30-Jun-2042 | 1.6 |
| Greater Toronto Airports Auth 2.75% 17-Oct-2039 | 1.5 |
| Pembina Pipeline Corp. 4.80% 01-25-2031 | 1.4 |
| Rogers Communications Inc. 6.25% 07-31-2056 | 1.3 |
| Loblaw Companies Ltd. 4.387% 06-16-2035 | 1.2 |
| Total allocation in top holdings | 17.3 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 3.93% |
| Dividend yield | 5.71% |
| Yield to maturity | 4.58% |
| Duration (years) | 5.50% |
| Coupon | 4.25% |
| Average credit rating | A- |
| Average market cap (million) | $42,175.8 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -0.95 | -0.85 | -1.22 | -1.37 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 4.74 | 0.32 | 0.71 | 1.23 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 2.73 | 5.91 | 6.05 | -10.97 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| -3.88 | 6.43 | 5.82 | -1.40 |
Range of returns over five years (August 01, 2013 - September 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 2.72% | Dec 2020 | -1.50% | Oct 2022 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 0.61% | 66 | 65 | 34 |
fundgrade A+ logo
Fund category
Canadian Corporate Fixed Income
Inception date
July 08, 2013
Management expense ratio (MER)*
2.22%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$42.8
Price
$11.76
Number of holdings
277
Minimum Investment
$500
Fund codes
FEL — CLGM031A
DSC^ — CLGM031B
LSC — CLGM031D
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 07/08/2013 through 09/30/2026 with $10,000 CAD investment
Total returns performance
17.55%
Last price
$11.76 CAD
as of market close 09/30/2026
Value of $10,000 investment
$11,755.16 CAD
