June 30, 2026
A Canadian corporate fixed-income fund seeking to provide a high level of interest income.
Is this fund right for you?
- You want to protect your money from inflation while also protecting it from large swings in the market.
- You want to invest in Canadian fixed-income securities issued by corporations, with some exposure to foreign fixed-income securities.
- You're comfortable with a low level of risk.
RISK RATING
How is the fund invested? (as of June 30, 2026)
| Name | Percent |
|---|---|
| Domestic Bonds | 93.6 |
| Cash and Equivalents | 5.3 |
| Foreign Bonds | 0.9 |
| Canadian Equity | 0.3 |
| International Equity | 0.1 |
| Other | -0.2 |
| Name | Percent |
|---|---|
| Canada | 98.5 |
| United States | 1.6 |
| Bermuda | 0.1 |
| Other | -0.2 |
| Name | Percent |
|---|---|
| Fixed Income | 94.5 |
| Cash and Cash Equivalent | 5.3 |
| Utilities | 0.2 |
| Telecommunications | 0.1 |
| Financial Services | 0.1 |
| Other | -0.2 |
Growth of $10,000 (since inception)
For the period 07/09/2018 through 06/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $11,405
Fund details (as of June 30, 2026)
| Top holdings | Percent (%) |
|---|---|
| TransCanada Trust 4.20% 04-Dec-2030 | 3.2 |
| Cash and Cash Equivalents | 2.8 |
| Toronto-Dominion Bank 3.61% 10-Sep-2030 | 1.9 |
| Enbridge Inc. 2.82% 05-12-31 | 1.7 |
| Algonquin Power & Utils Corp 5.25% 18-Jan-2082 | 1.6 |
| Altalink LP 3.99% 30-Jun-2042 | 1.6 |
| Videotron Ltd 4.50% 14-Jun-2025 | 1.6 |
| Pembina Pipeline Corp. 4.80% 01-25-2031 | 1.5 |
| Greater Toronto Airports Auth 2.75% 17-Oct-2039 | 1.5 |
| Loblaw Companies Ltd. 4.387% 06-16-2035 | 1.2 |
| Total allocation in top holdings | 18.6 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 3.99% |
| Dividend yield | 5.49% |
| Yield to maturity | 4.22% |
| Duration (years) | 5.68% |
| Coupon | 4.27% |
| Average credit rating | A- |
| Average market cap (million) | $48,392.5 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.28 | 1.43 | 1.43 | 2.99 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 4.99 | 0.98 | - | 1.66 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 3.01 | 6.21 | 6.35 | -10.71 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| -3.61 | 6.73 | 6.12 | - |
Range of returns over five years (August 01, 2018 - June 30, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 1.66% | Mar 2025 | -0.62% | Sep 2023 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 0.32% | 72 | 26 | 10 |
fundgrade A+ logo
Fund category
Canadian Corporate Fixed Income
Inception date
July 09, 2018
Management expense ratio (MER)*
-
Fund management
Mackenzie Investments
Net assets (million)
-
Price
$11.41
Number of holdings
255
Minimum Investment
$100,000
Fund codes
FEL — CLGN031I
Contact information
Customer service centre
Toll free: 1-800-665-5758
Corporate website
Summary
For the period 07/09/2018 through 06/30/2026 with $10,000 CAD investment
Total returns performance
14.05%
Last price
$11.41 CAD
as of market close 06/30/2026
Value of $10,000 investment
$11,405.12 CAD
