March 31, 2026
A Canadian low-volatilty fund that seeks long-term growth.
Is this fund right for you?
- You want your money to grow over a longer term.
- You want a smoother ride over the long term and are looking to protect against downside risk when investing in the Canadian equity market.
- You're comfortable with a moderate level of risk.
RISK RATING
How is the fund invested? (as of March 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 96.7 |
| Income Trust Units | 1.7 |
| Cash and Equivalents | 1.0 |
| International Equity | 0.6 |
| Name | Percent |
|---|---|
| Canada | 99.0 |
| Australia | 0.6 |
| United States | 0.4 |
| Name | Percent |
|---|---|
| Financial Services | 29.3 |
| Energy | 13.7 |
| Basic Materials | 12.3 |
| Consumer Services | 12.3 |
| Utilities | 7.8 |
| Industrial Services | 6.9 |
| Consumer Goods | 5.1 |
| Telecommunications | 3.3 |
| Healthcare | 3.0 |
| Other | 6.3 |
Growth of $10,000 (since inception)
For the period 05/14/2012 through 03/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $31,035
Fund details (as of March 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Toronto-Dominion Bank | 3.9 |
| Bank of Nova Scotia | 3.5 |
| Hydro One Ltd | 3.1 |
| Canadian Imperial Bank of Commerce | 3.0 |
| George Weston Ltd | 2.9 |
| Royal Bank of Canada | 2.9 |
| Suncor Energy Inc | 2.8 |
| Bank of Montreal | 2.8 |
| Sun Life Financial Inc | 2.8 |
| National Bank of Canada | 2.8 |
| Total allocation in top holdings | 30.5 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 9.55% |
| Dividend yield | 2.44% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $68,997.2 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -3.32 | 9.14 | 4.74 | 22.80 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 15.19 | 11.54 | 8.46 | 8.50 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 19.28 | 21.19 | 4.81 | -4.18 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 20.87 | -5.49 | 16.71 | -2.65 |
Range of returns over five years (June 01, 2012 - March 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 13.82% | Feb 2026 | 1.36% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 6.36% | 100 | 107 | 0 |
fundgrade A+ logo
Fund category
Canadian Equity
Inception date
May 14, 2012
Management expense ratio (MER)*
2.79%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$62.4
Price
$31.04
Number of holdings
90
Minimum Investment
$500
Fund codes
FEL — CLGV068I
DSC^ — CLGV068J
LSC — CLGV068L
Contact information
Customer service centre
Toll free: 1-877-566-5433
Corporate website
Summary
For the period 05/14/2012 through 03/31/2026 with $10,000 CAD investment
Total returns performance
210.35%
Last price
$31.04 CAD
as of market close 03/31/2026
Value of $10,000 investment
$31,035.48 CAD
