January 31, 2026
A blended Canadian large-cap fund that seeks to provide long-term growth.
Is this fund right for you?
- You’re looking to preserve your investment while still allowing it to grow.
- You want to invest in fixed-income investments from Canadian governments and corporations plus some equity securities.
- You're comfortable with a low to moderate level of risk.
RISK RATING
How is the fund invested? (as of January 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 51.0 |
| Domestic Bonds | 22.3 |
| US Equity | 17.4 |
| International Equity | 5.6 |
| Cash and Equivalents | 3.0 |
| Foreign Bonds | 0.6 |
| Other | 0.1 |
| Name | Percent |
|---|---|
| Canada | 76.0 |
| United States | 18.4 |
| United Kingdom | 4.0 |
| France | 0.9 |
| Germany | 0.8 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Fixed Income | 22.9 |
| Financial Services | 18.1 |
| Consumer Services | 11.7 |
| Technology | 11.2 |
| Industrial Services | 7.2 |
| Energy | 6.0 |
| Basic Materials | 4.7 |
| Consumer Goods | 4.6 |
| Utilities | 4.5 |
| Other | 9.1 |
Growth of $10,000 (since inception)
For the period 10/05/2009 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $26,011
Fund details (as of January 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Brookfield Corp Cl A | 3.7 |
| Intact Financial Corp | 3.6 |
| Microsoft Corp | 3.3 |
| CCL Industries Inc Cl B | 3.1 |
| Alphabet Inc Cl C | 3.1 |
| Toronto-Dominion Bank | 3.0 |
| Royal Bank of Canada | 2.9 |
| Alimentation Couche-Tard Inc | 2.9 |
| Waste Connections Inc | 2.5 |
| Emera Inc | 2.5 |
| Total allocation in top holdings | 30.6 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 7.43% |
| Dividend yield | 2.01% |
| Yield to maturity | 3.83% |
| Duration (years) | 7.78% |
| Coupon | 3.94% |
| Average credit rating | AA- |
| Average market cap (million) | $561,524.6 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -2.23 | 2.89 | -2.23 | 4.48 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 9.16 | 8.10 | 5.82 | 6.03 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 10.90 | 13.28 | 9.91 | -5.56 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 14.55 | -1.68 | 12.95 | -6.94 |
Range of returns over five years (November 01, 2009 - January 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 9.96% | Mar 2025 | -0.12% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 5.43% | 99 | 135 | 1 |
fundgrade A+ logo
Fund category
Canadian Equity Balanced
Inception date
October 05, 2009
Management expense ratio (MER)*
2.80%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$26.2
Price
$26.61
Number of holdings
440
Minimum Investment
$500
Fund codes
FEL — CLGM047I
DSC^ — CLGM047J
LSC — CLGM047L
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 10/05/2009 through 01/31/2026 with $10,000 CAD investment
Total returns performance
160.11%
Last price
$26.61 CAD
as of market close 01/31/2026
Value of $10,000 investment
$26,010.58 CAD
