January 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 January 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 51.5 |
| Domestic Bonds | 22.6 |
| US Equity | 17.6 |
| International Equity | 5.7 |
| Cash and Equivalents | 1.9 |
| Foreign Bonds | 0.6 |
| Other | 0.1 |
| Name | Percent |
|---|---|
| Canada | 74.9 |
| United States | 18.2 |
| United Kingdom | 4.1 |
| France | 0.9 |
| Germany | 0.8 |
| Other | 1.1 |
| Name | Percent |
|---|---|
| Fixed Income | 23.2 |
| Financial Services | 18.3 |
| Consumer Services | 11.8 |
| Technology | 11.4 |
| Industrial Services | 7.2 |
| Energy | 6.1 |
| Basic Materials | 4.7 |
| Consumer Goods | 4.6 |
| Utilities | 4.5 |
| Other | 8.2 |
Growth of $10,000 (since inception)
For the period 05/14/2012 through 01/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $23,063
Fund details (as of January 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Brookfield Corp Cl A | 3.7 |
| Intact Financial Corp | 3.6 |
| Microsoft Corp | 3.3 |
| CCL Industries Inc Cl B | 3.2 |
| Alphabet Inc Cl C | 3.2 |
| Toronto-Dominion Bank | 3.0 |
| Royal Bank of Canada | 3.0 |
| Alimentation Couche-Tard Inc | 2.9 |
| Emera Inc | 2.6 |
| Waste Connections Inc | 2.6 |
| Total allocation in top holdings | 31.1 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 7.40% |
| Dividend yield | 2.01% |
| Yield to maturity | 3.79% |
| Duration (years) | 7.53% |
| Coupon | 3.94% |
| Average credit rating | A+ |
| Average market cap (million) | $562,294.3 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -2.24 | 2.94 | -2.24 | 4.51 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 9.28 | 8.15 | 5.85 | 6.28 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 10.92 | 13.41 | 10.10 | -5.66 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 14.65 | -1.74 | 12.91 | -6.71 |
Range of returns over five years (June 01, 2012 - January 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 9.98% | Mar 2025 | -0.03% | Mar 2020 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 4.89% | 99 | 104 | 1 |
fundgrade A+ logo
Fund category
Canadian Equity Balanced
Inception date
May 14, 2012
Management expense ratio (MER)*
2.68%
(December 31, 2024)
Fund management
Mackenzie Investments
Net assets (million)
$151.9
Price
$23.06
Number of holdings
474
Minimum Investment
$500
Fund codes
FEL — CLGV052I
DSC^ — CLGV052J
LSC — CLGV052L
Contact information
Customer service centre
Toll free: 1-877-566-5433
Corporate website
Summary
For the period 05/14/2012 through 01/31/2026 with $10,000 CAD investment
Total returns performance
130.63%
Last price
$23.06 CAD
as of market close 01/31/2026
Value of $10,000 investment
$23,063.23 CAD
