September 30, 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 September 30, 2026)
| Name | Percent |
|---|---|
| Canadian Equity | 96.5 |
| Cash and Equivalents | 1.8 |
| Income Trust Units | 1.6 |
| US Equity | 0.1 |
| Name | Percent |
|---|---|
| Canada | 99.8 |
| United States | 0.2 |
| Name | Percent |
|---|---|
| Financial Services | 32.9 |
| Energy | 14.7 |
| Basic Materials | 11.9 |
| Consumer Services | 9.3 |
| Industrial Services | 8.9 |
| Utilities | 6.4 |
| Consumer Goods | 3.5 |
| Healthcare | 2.6 |
| Telecommunications | 2.5 |
| Other | 7.3 |
Growth of $10,000 (since inception)
For the period 07/09/2018 through 09/30/2026 tr.with $10,000 CAD investment, The value of the investment would be $23,489
Fund details (as of September 30, 2026)
| Top holdings | Percent (%) |
|---|---|
| Bank of Nova Scotia | 4.6 |
| Toronto-Dominion Bank | 4.4 |
| Royal Bank of Canada | 3.1 |
| Bank of Montreal | 2.9 |
| Canadian National Railway Co | 2.9 |
| Manulife Financial Corp | 2.9 |
| Sun Life Financial Inc | 2.9 |
| George Weston Ltd | 2.9 |
| Canadian Imperial Bank of Commerce | 2.8 |
| Suncor Energy Inc | 2.6 |
| Total allocation in top holdings | 32.0 |
| Portfolio characteristics | Value |
|---|---|
| Standard deviation | 9.04% |
| Dividend yield | 2.31% |
| Yield to maturity | - |
| Duration (years) | - |
| Coupon | - |
| Average credit rating | Not rated |
| Average market cap (million) | $82,292.2 |
Understanding returns
Annual compound returns (%)
| 1 MO | 3 MO | YTD | 1 YR |
|---|---|---|---|
| -1.16 | 6.76 | 12.28 | 17.49 |
| 3 YR | 5 YR | 10 YR | INCEPTION |
|---|---|---|---|
| 21.70 | 13.25 | - | 10.94 |
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 - September 30, 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 |
|---|---|---|---|
| 10.27% | 100 | 39 | 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
$23.49
Number of holdings
95
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 09/30/2026 with $10,000 CAD investment
Total returns performance
134.89%
Last price
$23.49 CAD
as of market close 09/30/2026
Value of $10,000 investment
$23,489.44 CAD
