Returns Chart

Key Stats

Net Expense Ratio Total Assets Under Management Weighted Average Dividend Yield Turnover Ratio (Generic)
1.68% 1.231B -- 37.05%
1 Year Fund Level Flows 1 Year Total Returns (Daily) Annualized Total Returns Since Inception (Daily) Max Drawdown (Since Inception)
41.16M 2.69% Upgrade Upgrade

Basic Info

Investment Strategy
The Fund pursues a steady flow of income by investing mainly in Canadian government and corporate fixed-income securities and asset-backed securities with maturities of more than one year. The Fund also pursues capital gains by actively trading fixed-income securities. Preservation of capital is an important factor in the selection of portfolio investments.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond CAD
Peer Group Canadian Fixed Income
Global Macro Bond HC
US Macro --
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective --
Fund Owner Firm Name Mackenzie Investments
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%

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Net Fund Flows Versus Peer Group

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1M
3M
6M
YTD
1Y
3Y
5Y
10Y
 
80.00B
60.00B
40.00B
20.00B
0
-20.00B
1 Month
% Rank: 21
-74.14M Peer Group Low
732.89M Peer Group High
1 Year
% Rank: 21
41.16M
-1.064B Peer Group Low
2.426B Peer Group High
3 Months
% Rank: 19
-251.60M Peer Group Low
1.158B Peer Group High
3 Years
% Rank: 90
-1.890B Peer Group Low
5.537B Peer Group High
6 Months
% Rank: 22
-406.83M Peer Group Low
1.444B Peer Group High
5 Years
% Rank: 88
-6.753B Peer Group Low
9.550B Peer Group High
YTD
% Rank: --
-416.27M Peer Group Low
1.005B Peer Group High
10 Years
% Rank: 14
-4.727B Peer Group Low
14.52B Peer Group High
Date Unavailable

Performance Versus Peer Group

 
20%
15%
10%
5%
0
Name
1M
3M
YTD
1Y
3Y
5Y
10Y
15Y
Total Return (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
Peer Group Rtn. (NAV)
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
12.00%
% Rank in Peer Group (NAV)
5.0
5.0
5.0
5.0
5.0
5.0
5.0
5.0
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Annual Total Returns Versus Peers

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Name
2019
2020
2021
2022
2023
2024
2025
YTD
5.64%
7.85%
-3.63%
-11.88%
4.96%
3.45%
1.42%
0.42%
7.43%
5.33%
-1.39%
-11.53%
6.33%
2.41%
3.05%
0.14%
5.57%
7.64%
-3.23%
-11.98%
4.77%
3.31%
1.35%
0.42%
5.78%
7.90%
-3.57%
-13.15%
6.28%
4.05%
1.99%
0.39%
--
--
--
--
--
4.48%
1.96%
0.41%
5.51%
7.30%
-3.41%
-11.61%
5.59%
4.31%
2.18%
0.40%
As of January 12, 2026.

Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-9-26) 2.32%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 458
Bond
Yield to Maturity (7-31-25) 3.86%
Effective Duration --
Average Coupon 3.73%
Calculated Average Quality 2.443
Effective Maturity 11.08
Nominal Maturity 12.38
Number of Bond Holdings 442
As of July 31, 2025

Asset Allocation

As of July 31, 2025.
Type % Net
Cash 3.51%
Stock 0.00%
Bond 97.50%
Convertible 0.00%
Preferred 0.00%
Other -1.02%
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Fees & Availability

Fees
Actual 12B-1 Fee --
Actual Management Fee --
Administration Fee --
Maximum Front Load --
Maximum Deferred Load --
Maximum Redemption Fee --
General Availability
Available for Insurance Product No
Available for RRSP Yes
Purchase Details
Open to New Investors Yes
Minimum Initial Investment 500.00 None
Minimum Subsequent Investment 50.00 None

Basic Info

Investment Strategy
The Fund pursues a steady flow of income by investing mainly in Canadian government and corporate fixed-income securities and asset-backed securities with maturities of more than one year. The Fund also pursues capital gains by actively trading fixed-income securities. Preservation of capital is an important factor in the selection of portfolio investments.
General
Security Type Mutual Fund
Equity Style --
Broad Asset Class Taxable Bond
Broad Category Fixed Income
Global Peer Group Bond CAD
Peer Group Canadian Fixed Income
Global Macro Bond HC
US Macro --
YCharts Categorization --
YCharts Benchmark --
Prospectus Objective --
Fund Owner Firm Name Mackenzie Investments
Broad Asset Class Benchmark Index
^BBGATRCADH 100.0%

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Fundamentals

General
Distribution Yield --
Dividend Yield TTM (1-9-26) 2.32%
30-Day SEC Yield --
7-Day SEC Yield --
Number of Holdings 458
Bond
Yield to Maturity (7-31-25) 3.86%
Effective Duration --
Average Coupon 3.73%
Calculated Average Quality 2.443
Effective Maturity 11.08
Nominal Maturity 12.38
Number of Bond Holdings 442
As of July 31, 2025

Fund Details

Key Dates
Launch Date 1/27/1989
Share Classes
MFC027 Fee-based Advice
MFC1299 Commission-based Advice
MFC1589 Commission-based Advice
MFC2777 Institutional
MFC3769 Commission-based Advice
MFC4411 Commission-based Advice
MFC4470 Commission-based Advice
MFC4613 Do-It-Yourself
MFC4878 Fee-based Advice
MFC5147 Commission-based Advice
MFC6055 Fee-based Advice
MFC6129 Commission-based Advice
MFC6297 Commission-based Advice
MFC6817 Fee-based Advice
MFC8050 Fee-based Advice
MRD109 Commission-based Advice
MRD709 Commission-based Advice
Attributes
Inverse Fund No
Leveraged Fund --
Currency Hedged Fund Yes
Socially Responsible Fund No

Top Portfolio Holders

Name % Weight
Portfolio A 5.00%
Portfolio B 3.50%
Portfolio C 2.25%
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Excel Add-In Codes

Name: =YCI("M:MFC432.TO", "name")
Broad Asset Class: =YCI("M:MFC432.TO", "broad_asset_class")
Broad Category: =YCI("M:MFC432.TO", "broad_category_group")
Prospectus Objective: =YCI("M:MFC432.TO", "prospectus_objective")
To find the codes for any of our securities and financial metrics, see our Complete Excel Reference.
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