Key stats
About MACKENZIE CORE PLUS GLOBAL FIX INCM CAD UNIT
Expense ratio
0.55%
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Inception date
Apr 19, 2016
The fund is actively managed to capture a wide variety of fixed income securities. The fund primarily invests in CAD or foreign currency denominated securities issued by companies or governments. The portfolio mainly consists of investment-grade debt but may allocate up to 25% in non-investment-grade debt. The advisor employs a macro and fundamental analysis approach, using qualitative insights and quantitative tools and models, to allocate assets across varying credit qualities, structures, sectors, currencies, maturities, and countries. Qualitative insights and quantitative tools are used to continuously monitor the opportunities in foreign currencies. Do note that this fund may invest a sizable portion of its portfolio in one issuer, granted they meet credit rating requirements.
Classification
What's in the fund
Exposure type
Government
Corporate
Stocks0.79%
Communications0.22%
Energy Minerals0.21%
Utilities0.17%
Finance0.15%
Non-Energy Minerals0.04%
Retail Trade0.01%
Bonds, Cash & Other99.21%
Government43.93%
Corporate43.81%
Cash7.74%
ETF1.57%
Loans1.31%
Miscellaneous0.89%
Rights & Warrants0.00%
Futures−0.04%