July 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 July 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 51.5 |
| Domestic Bonds | 22.1 |
| US Equity | 18.1 |
| International Equity | 5.9 |
| Foreign Bonds | 1.6 |
| Cash and Equivalents | 0.9 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 74.5 |
| United States | 19.4 |
| United Kingdom | 3.7 |
| Germany | 1.6 |
| France | 0.7 |
| Norway | 0.3 |
| Other | -0.2 |
| Name | Percent |
|---|---|
| Fixed Income | 23.7 |
| Financial Services | 19.5 |
| Consumer Services | 12.3 |
| Technology | 11.4 |
| Industrial Services | 7.3 |
| Basic Materials | 7.1 |
| Energy | 6.3 |
| Healthcare | 3.9 |
| Utilities | 3.9 |
| Other | 4.6 |
Growth of $10,000 (since inception)
For the period 05/14/2012 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $24,947
Fund details (as of July 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Royal Bank of Canada | 4.1 |
| Toronto-Dominion Bank | 4.0 |
| Intact Financial Corp | 3.9 |
| Microsoft Corp | 3.6 |
| Alphabet Inc Cl C | 3.2 |
| Brookfield Corp Cl A | 3.1 |
| Suncor Energy Inc | 2.9 |
| Alimentation Couche-Tard Inc | 2.8 |
| Waste Connections Inc | 2.7 |
| Visa Inc Cl A | 2.7 |
| Total allocation in top holdings | 33.0 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 7.77% |
| Dividend yield | 1.69% |
| Yield to maturity | 4.07% |
| Duration (years) | 7.86% |
| Coupon | 3.93% |
| Average credit rating | A+ |
| Average market cap (million) | $753,280.3 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.93 | 6.37 | 4.01 | 9.54 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 10.73 | 7.13 | 5.74 | 6.64 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 11.09 | 13.48 | 10.10 | -5.39 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 14.75 | -1.51 | 13.15 | -6.77 |
Range of returns over five years (June 01, 2012 - July 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 10.15% | Mar 2025 | 0.06% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 5.17% | 100 | 111 | 0 |
fundgrade A+ logo
Fund category
Canadian Equity Balanced
Inception date
May 14, 2012
Management expense ratio (MER)*
2.63%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$26.1
Price
$24.95
Number of holdings
480
Minimum Investment
$500
Fund codes
FEL — CLGO047I
DSC^ — CLGO047J
LSC — CLGO047L
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 05/14/2012 through 07/31/2026 with $10,000 CAD investment
Total returns performance
149.47%
Last price
$24.95 CAD
as of market close 07/31/2026
Value of $10,000 investment
$24,947.28 CAD
