June 30, 2026
An equity balanced fund that emphasizes long-term growth while also providing income.
Is this fund right for you?
- You’re looking to preserve your investment while still allowing it to grow.
- You want to invest in a combination of Canadian common shares, bonds and debentures.
- You're comfortable with a low to moderate level of risk.
RISK RATING
How is the fund invested? (as of April 30, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 29.5 |
| Foreign Bonds | 21.5 |
| Domestic Bonds | 18.5 |
| US Equity | 16.8 |
| International Equity | 8.3 |
| Cash and Equivalents | 4.5 |
| Income Trust Units | 0.8 |
| Other | 0.1 |
| Name | Percent |
|---|---|
| Canada | 51.5 |
| United States | 37.3 |
| United Kingdom | 1.8 |
| France | 1.4 |
| Japan | 1.3 |
| Norway | 0.9 |
| Germany | 0.9 |
| Taiwan | 0.8 |
| Ireland | 0.5 |
| Other | 3.6 |
| Name | Percent |
|---|---|
| Fixed Income | 40.1 |
| Financial Services | 14.0 |
| Technology | 8.2 |
| Energy | 7.5 |
| Basic Materials | 6.2 |
| Cash and Cash Equivalent | 4.5 |
| Industrial Services | 3.8 |
| Industrial Goods | 3.5 |
| Consumer Services | 3.4 |
| Other | 8.8 |
Growth of $10,000 (since inception)
For the period 12/12/2000 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $27,603
Fund details (as of April 30, 2026)
| Top holdings | Percent (%) |
|---|---|
| Canada Government 3.25% 01-Jun-2035 | 3.2 |
| Royal Bank of Canada | 2.5 |
| Canada Government 2.75% 01-Dec-2055 | 2.1 |
| Agnico Eagle Mines Ltd | 1.9 |
| Manulife Financial Corp | 1.7 |
| Toronto-Dominion Bank | 1.6 |
| Canadian Natural Resources Ltd | 1.3 |
| NVIDIA Corp | 1.3 |
| Apple Inc | 1.2 |
| OVERNIGHT DEPOSITS | 1.2 |
| Total allocation in top holdings | 18.0 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 6.25% |
| Dividend yield | 2.06% |
| Yield to maturity | 5.02% |
| Duration (years) | 5.17% |
| Coupon | 4.69% |
| Average credit rating | BBB+ |
| Average market cap (million) | $794,208.0 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.49 | 5.99 | 5.99 | 12.39 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 10.57 | 6.20 | 5.41 | 4.05 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 10.43 | 11.36 | 6.66 | -8.36 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 13.83 | 9.22 | 9.85 | -9.80 |
Range of returns over five years (January 01, 2001 - June 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 9.73% | Mar 2025 | -2.32% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 4.06% | 91 | 226 | 21 |
fundgrade A+ logo
Fund category
Canadian Neutral Balanced
Inception date
December 12, 2000
Management expense ratio (MER)*
2.56%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$278.6
Price
$552.06
Number of holdings
5525
Minimum Investment
$500
Fund codes
NL — CLGTO053
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 12/12/2000 through 06/30/2026 with $10,000 CAD investment
Total returns performance
176.03%
Last price
$552.06 CAD
as of market close 06/30/2026
Value of $10,000 investment
$27,602.90 CAD
