August 31, 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 August 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 85.5 |
| US Equity | 9.1 |
| Income Trust Units | 2.8 |
| International Equity | 2.0 |
| Cash and Equivalents | 0.7 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 88.1 |
| United States | 9.2 |
| Bermuda | 0.8 |
| United Kingdom | 0.3 |
| France | 0.3 |
| Ireland | 0.3 |
| Germany | 0.2 |
| Japan | 0.2 |
| Singapore | 0.1 |
| Other | 0.5 |
| Name | Percent |
|---|---|
| Financial Services | 32.0 |
| Energy | 18.0 |
| Basic Materials | 15.6 |
| Industrial Services | 9.1 |
| Technology | 5.3 |
| Utilities | 4.4 |
| Consumer Services | 3.6 |
| Industrial Goods | 2.9 |
| Healthcare | 2.6 |
| Other | 6.5 |
Growth of $10,000 (since inception)
For the period 12/12/2000 through 08/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $48,004
Fund details (as of August 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Royal Bank of Canada | 8.6 |
| Toronto-Dominion Bank | 5.4 |
| Agnico Eagle Mines Ltd | 5.1 |
| Canadian Pacific Kansas City Ltd | 4.1 |
| Canadian Natural Resources Ltd | 3.7 |
| Manulife Financial Corp | 3.6 |
| Enbridge Inc | 3.2 |
| Canadian Imperial Bank of Commerce | 3.1 |
| Bank of Montreal | 3.0 |
| Wheaton Precious Metals Corp | 2.5 |
| Total allocation in top holdings | 42.3 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 9.36% |
| Dividend yield | 2.18% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $281,495.2 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 1.21 | 7.01 | 17.29 | 25.90 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 18.71 | 11.73 | 9.24 | 6.29 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 19.39 | 14.37 | 5.83 | -2.58 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 24.75 | -4.41 | 18.95 | -8.95 |
Range of returns over five years (January 01, 2001 - August 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 13.90% | Oct 2025 | -6.02% | Feb 2009 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 5.15% | 86 | 213 | 36 |
fundgrade A+ logo
Fund category
Canadian Dividend & Income Equity
Inception date
December 12, 2000
Management expense ratio (MER)*
2.71%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$60.0
Price
$960.09
Number of holdings
1241
Minimum Investment
$300
Fund codes
NL — CLGTO062
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 12/12/2000 through 08/31/2026 with $10,000 CAD investment
Total returns performance
380.04%
Last price
$960.09 CAD
as of market close 08/31/2026
Value of $10,000 investment
$48,004.16 CAD
