Mackenzie Global Equity & Income Team | Mackenzie Investments

Mackenzie Global Equity & Income Team

Awards & Rankings

The highest ratings given by the independent investment research firm Morningstar

  • Mackenzie Income Fund (Series A)

    Winner of the 2018 Fundata FundGrade A+ Awards® for consistent and outstanding risk-adjusted performance in their respective category

Philosophy & Process

The Mackenzie Global Equity & Income Team aims to provide investors with solid long term returns and mitigated volatility along with strong dividend yields and dividend growth. The Team seeks to select high quality companies that generate strong returns on equity, pay higher dividend yields, and are run with more robust capital structures than the benchmark. We buy companies that operate at the high end of their value chain when they trade below our estimated intrinsic value. These quality businesses possess predictable economics and generate consistently high returns on invested capital and free cash flow conversion, which supports their ability to sustain dividend payouts over the long run. Moreover, our companies have tended to demonstrate a strong track record of growing their dividends during varied economic conditions and interest rate cycles. Portfolio investments are diversified across sectors and countries around the world.

Portfolio Managers

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Eugene Profis, MBA, CFA

Vice President, Investment Management

Mackenzie Global Equity & Income Team

Investment experience since 2005

Ome Saidi, MBA, CFA

Vice President, Investment Management

Mackenzie Global Equity & Income Team

Investment experience since 2007

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

Morningstar Star Ratings reflect performance of Series F as of July 31, 2019 and are subject to change monthly. The ratings are an objective, quantitative measure of a fund's historical risk-adjusted performance relative to other funds in its category. Only funds with at least a three-year track record are considered. The overall star rating for a fund is a weighted combination calculated from a fund's 3, 5, and 10-year returns, as available, measured against the 91-day Treasury bill and peer group returns. A fund can only be rated if there are a sufficient number of funds in its peer group to allow comparison for at least three years. If a fund scores in the top 10% of its fund category, it gets 5 stars; if it falls in the next 22.5%, it receives 4 stars; a place in the middle 35% earns a fund 3 stars; those in the next 22.5% receive 2 stars; and the lowest 10% receive 1 star. For more details on the calculation of Morningstar Star Ratings, see morningstar.ca. Quartile rankings and peers beaten are calculated by Mackenzie Investments based on the fund series-level data Morningstar provides.

The CIFSC categories, Star Ratings and number of funds in each category for the standard periods are: Mackenzie Canadian Large Cap Dividend Fund Series F, Canadian Dividend and Income Equity category: 3 years - 4 stars (532 funds), 5 years - 4 stars (385 funds), 10 years - 3 stars (203 funds). Mackenzie Global Dividend Fund Series F, Global Equity category: 3 years - 4 stars (1432 funds), 5 years - 4 stars (950 funds), 10 years - 5 stars (457 funds). Mackenzie Global Strategic Income Fund Series F, Global Neutral Balanced category: 3 years - 4 stars (1179 funds), 5 years - 4 stars (837 funds), 10 years - 5 stars (348 funds). Mackenzie Income Fund Series F, Canadian Fixed Income Balanced category: 3 years - 5 stars (472 funds), 5 years - 5 stars (363 funds), 10 years - 5 stars (154 funds). Mackenzie Strategic Income Fund Series F, Canadian Neutral Balanced category: 3 years - 5 stars (568 funds), 5 years - 4 stars (415 funds), 10 years - 5 stars (154 funds). Mackenzie USD Global Strategic Income Fund Series F, Global Neutral Balanced category: 3 years - 4 stars (1179 funds), 5 years - n/a stars, 10 years - n/a stars.

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the "best of the best" among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from "A" to "E" receives a score from 4 to 0, respectively. A fund's average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award.

For more information, see http://www.fundgradeawards.com/. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.