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 | 51.2 |
| Domestic Bonds | 22.5 |
| US Equity | 18.0 |
| International Equity | 5.9 |
| Foreign Bonds | 1.5 |
| Cash and Equivalents | 1.0 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 74.6 |
| United States | 19.1 |
| United Kingdom | 3.6 |
| Germany | 1.6 |
| France | 0.7 |
| Norway | 0.3 |
| Other | 0.1 |
| Name | Percent |
|---|---|
| Fixed Income | 23.9 |
| Financial Services | 19.4 |
| Consumer Services | 12.2 |
| Technology | 11.3 |
| Industrial Services | 7.2 |
| Basic Materials | 7.1 |
| Energy | 6.3 |
| Healthcare | 3.9 |
| Utilities | 3.8 |
| Other | 4.9 |
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 $25,923
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 | 2.6 |
| Total allocation in top holdings | 32.9 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 7.75% |
| Dividend yield | 1.69% |
| Yield to maturity | 4.04% |
| Duration (years) | 7.75% |
| Coupon | 3.87% |
| Average credit rating | AA- |
| Average market cap (million) | $754,048.0 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.97 | 6.52 | 4.17 | 9.87 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 11.06 | 7.38 | 6.02 | 6.93 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 11.35 | 13.86 | 10.53 | -5.30 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 15.10 | -1.35 | 13.35 | -6.35 |
Range of returns over five years (June 01, 2012 - July 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 10.41% | Mar 2025 | 0.37% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 5.44% | 100 | 111 | 0 |
fundgrade A+ logo
Fund category
Canadian Equity Balanced
Inception date
May 14, 2012
Management expense ratio (MER)*
2.29%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$154.1
Price
$25.92
Number of holdings
513
Minimum Investment
$500
Fund codes
FEL — CLGV052A
DSC^ — CLGV052B
LSC — CLGV052D
Contact information
Customer service centre
Toll free: 1-877-566-5433
Corporate website
Summary
For the period 05/14/2012 through 07/31/2026 with $10,000 CAD investment
Total returns performance
159.23%
Last price
$25.92 CAD
as of market close 07/31/2026
Value of $10,000 investment
$25,922.57 CAD
