January 31, 2026
An equity fund seeking long-term growth by investing in emerging markets.
Is this fund right for you?
- You want your money to grow over a longer term.
- You want to invest in equity securities of the developing countries in Latin America, Asia, Africa, Europe and the Middle East.
- You're comfortable with a high level of risk.
RISK RATING
How is the fund invested? (as of November 30, 2025)
| Name | Percent |
|---|---|
| International Equity | 97.8 |
| Cash and Equivalents | 2.2 |
| US Equity | 0.1 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| China | 24.8 |
| Taiwan | 19.7 |
| India | 14.6 |
| Korea, Republic Of | 13.9 |
| Hong Kong | 3.8 |
| Brazil | 3.5 |
| Mexico | 3.2 |
| South Africa | 2.8 |
| Saudi Arabia | 2.8 |
| Other | 10.9 |
| Name | Percent |
|---|---|
| Technology | 33.7 |
| Financial Services | 20.4 |
| Consumer Goods | 7.4 |
| Basic Materials | 6.2 |
| Industrial Goods | 5.4 |
| Real Estate | 4.7 |
| Healthcare | 4.3 |
| Telecommunications | 4.0 |
| Industrial Services | 3.5 |
| Other | 10.4 |
Growth of $10,000 (since inception)
For the period 07/09/2018 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $19,617
Fund details (as of November 30, 2025)
| Top holdings | Percent (%) |
|---|---|
| Taiwan Semiconductor Manufactrg Co Ltd | 10.0 |
| Tencent Holdings Ltd | 5.1 |
| Samsung Electronics Co Ltd | 3.5 |
| SK Hynix Inc | 2.6 |
| Cash and Cash Equivalents | 2.2 |
| Alibaba Group Holding Ltd | 1.6 |
| Delta Electronics Inc | 1.3 |
| Hon Hai Precision Industry Co Ltd | 1.2 |
| Grupo Mexico SAB de CV Cl B | 1.1 |
| Saudi National Bank | 1.1 |
| Total allocation in top holdings | 29.7 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 10.56% |
| Dividend yield | 2.32% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $292,206.4 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 8.65 | 20.58 | 8.65 | 39.14 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 21.51 | 10.32 | - | 9.32 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 29.19 | 17.99 | 15.10 | -14.88 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 4.19 | 17.68 | 10.36 | - |
Range of returns over five years (August 01, 2018 - January 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 12.61% | Oct 2025 | 3.29% | Aug 2023 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 7.85% | 100 | 31 | 0 |
fundgrade A+ logo
Fund category
Emerging Markets Equity
Inception date
July 09, 2018
Management expense ratio (MER)*
-
Fund management
Mackenzie Investments
Net assets (million)
-
Price
$19.62
Number of holdings
184
Minimum Investment
$100,000
Fund codes
FEL — CLGN088A
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 07/09/2018 through 01/31/2026 with $10,000 CAD investment
Total returns performance
96.17%
Last price
$19.62 CAD
as of market close 01/31/2026
Value of $10,000 investment
$19,616.73 CAD
