July 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 July 31, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 96.7 |
| Income Trust Units | 1.9 |
| Cash and Equivalents | 1.2 |
| US Equity | 0.3 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Canada | 99.6 |
| United States | 0.5 |
| Other | -0.1 |
| Name | Percent |
|---|---|
| Financial Services | 32.8 |
| Energy | 13.6 |
| Basic Materials | 10.2 |
| Industrial Services | 9.9 |
| Consumer Services | 9.3 |
| Utilities | 7.8 |
| Consumer Goods | 3.6 |
| Telecommunications | 3.3 |
| Healthcare | 3.2 |
| Other | 6.3 |
Growth of $10,000 (since inception)
For the period 07/09/2018 through 07/31/2026 tr.with $10,000 CAD investment, The value of the investment would be $24,158
Fund details (as of July 31, 2026)
| Top holdings | Percent (%) |
|---|---|
| Bank of Nova Scotia | 4.6 |
| Toronto-Dominion Bank | 4.6 |
| Bank of Montreal | 3.3 |
| Royal Bank of Canada | 3.2 |
| Canadian National Railway Co | 3.0 |
| George Weston Ltd | 2.9 |
| Hydro One Ltd | 2.9 |
| Canadian Imperial Bank of Commerce | 2.9 |
| Sun Life Financial Inc | 2.9 |
| National Bank of Canada | 2.7 |
| Total allocation in top holdings | 33.0 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 9.33% |
| Dividend yield | 2.33% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $84,104.3 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| 0.90 | 15.12 | 15.48 | 27.78 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 20.82 | 13.59 | - | 11.56 |
Calendar year returns (%)
| 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|
| 21.29 | 27.22 | 3.21 | -2.56 |
| 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|
| 22.90 | -3.89 | 18.68 | - |
Range of returns over five years (August 01, 2018 - July 31, 2026)
| Best return | Best period end date | Worst return | Worst period end date |
|---|---|---|---|
| 15.73% | Feb 2026 | 5.22% | Sep 2023 |
| Average return | % of periods with positive returns | Number of positive periods | Number of negative periods |
|---|---|---|---|
| 10.12% | 100 | 37 | 0 |
fundgrade A+ logo
Fund category
Canadian Equity
Inception date
July 09, 2018
Management expense ratio (MER)*
-
Fund management
Mackenzie Investments
Net assets (million)
-
Price
$24.16
Number of holdings
90
Minimum Investment
$500
Fund codes
FEL — CLGW068A
Contact information
Customer service centre
Toll free: 1-877-566-5433
Corporate website
Summary
For the period 07/09/2018 through 07/31/2026 with $10,000 CAD investment
Total returns performance
141.58%
Last price
$24.16 CAD
as of market close 07/31/2026
Value of $10,000 investment
$24,158.03 CAD
