March 31, 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 January 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 29.2 |
| Foreign Bonds | 23.6 |
| Domestic Bonds | 17.7 |
| US Equity | 16.7 |
| International Equity | 7.7 |
| Cash and Equivalents | 4.6 |
| Income Trust Units | 0.7 |
| Other | -0.2 |
| Name | Percent |
|---|---|
| Canada | 50.8 |
| United States | 39.6 |
| United Kingdom | 1.7 |
| France | 1.4 |
| Japan | 1.0 |
| Germany | 0.9 |
| Taiwan | 0.6 |
| Singapore | 0.5 |
| Switzerland | 0.5 |
| Other | 3.0 |
| Name | Percent |
|---|---|
| Fixed Income | 41.2 |
| Financial Services | 13.3 |
| Technology | 8.3 |
| Basic Materials | 6.6 |
| Energy | 6.5 |
| Cash and Cash Equivalent | 4.6 |
| Industrial Services | 3.9 |
| Consumer Services | 3.7 |
| Industrial Goods | 3.0 |
| Other | 8.9 |
Growth of $10,000 (since inception)
For the period 12/12/2000 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $26,340
Fund details (as of January 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Canada Government 3.25% 01-Jun-2035 | 3.7 |
| Royal Bank of Canada | 2.4 |
| Agnico Eagle Mines Ltd | 2.1 |
| Manulife Financial Corp | 1.7 |
| Cash and Cash Equivalents | 1.5 |
| Toronto-Dominion Bank | 1.5 |
| NVIDIA Corp | 1.3 |
| Canadian Natural Resources Ltd | 1.3 |
| Microsoft Corp | 1.2 |
| OVERNIGHT DEPOSITS | 1.2 |
| Total allocation in top holdings | 17.9 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 6.58% |
| Dividend yield | 2.05% |
| Yield to maturity | 4.81% |
| Duration (years) | 4.88% |
| Coupon | 4.69% |
| Average credit rating | BBB+ |
| Average market cap (million) | $772,578.3 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -2.93 | 1.94 | 1.14 | 10.10 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 9.03 | 5.86 | 5.08 | 3.90 |
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 - March 31, 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 |
|---|---|---|---|
| 4.03% | 91 | 223 | 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)
$267.9
Price
$526.80
Number of holdings
3761
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 03/31/2026 with $10,000 CAD investment
Total returns performance
163.40%
Last price
$526.80 CAD
as of market close 03/31/2026
Value of $10,000 investment
$26,339.93 CAD
