Inception: June 2013
Benchmark: FTSE Canada Universe Bond Index
Lead Portfolio Manager: Steve Locke, MBA, CFA
Investment Adviser: Mackenzie Financial Corporation
- Lead portfolio manager brings 25+ years of investment experience managing a diverse range of fixed income portfolios for institutional clients
- Supported by a team of 20 analysts and portfolio managers with sector specific expertise that guides the investment decisions for $44 billion in AUM
- Collaborative team implements a disciplined investment process in seeking relative value for risk opportunities across sectors and global markets
The Mackenzie Fixed Income team’s investment philosophy is based on a flexible global approach, the integration of research methods and active management. The team believes accessing and selecting from the broadest universe of fixed income investments and currencies and following a disciplined risk framework is the foremost approach to maximizing risk adjusted returns. They believe combining macroeconomic, quantitative and fundamental credit research provides a holistic view of complex fixed income markets.
- Seek holistic understanding of fixed income markets by employing complementary research methods
- Generate investment themes through integration of research and market perspectives backed by rigorous credit analysis
- Determine credit bias, duration positioning and hedging strategies
- Assess relative value among sectors and securities
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The material presented on this website is for informational purposes only and is intended for institutions, investment professionals, consultants and clients, and does not constitute an offer or solicitation of any kind to buy or sell any investment fund or any other product, investment, security, trading strategy or other service to anyone in any jurisdiction in which an offer or solicitation is not authorized or cannot legally be made or to any person to whom it is unlawful to make such an offer. Prospective clients are responsible for determining whether any product or service may lawfully be sold in their jurisdiction.
Investing involves risk.
The contents of this document are provided for illustrative and marketing purposes and do not constitute specific advice regarding your personal investment situation or provide specific individual advice about investment, insurance, financial, legal, accounting, tax or similar matters. Certain information contained in this document is obtained from third parties. Mackenzie Investments believes such information to be accurate and reliable as at the date hereof, however, we cannot guarantee that it is accurate or complete or current at all times. The information provided is subject to change without notice and Mackenzie Investments cannot be held liable for any loss arising from any use of or reliance on the information contained in this document. No portion of this communication may be reproduced or distributed to anyone without the express permission of Mackenzie Investments.
The Canadian Core Plus Bond Composite contains fully discretionary, Canadian Core Plus Bond accounts. New accounts are included in the composite beginning with the first full month under management after they have been fully invested.
GIPS Compliance Statement
Mackenzie Investments claims compliance with the Global Investment Performance Standards (GIPS®).
The Canadian Core Plus Bond Composite seeks to provide a steady flow of income by investing primarily in Canadian government and corporate fixed income instruments and asset-backed securities with maturities of more than one year. Preservation of capital is an important factor in the selection of portfolio investments. Portfolios in the composite may invest up to 25% of assets in bonds that are rated below “BBB- “and may also invest up to 30% in foreign investments. The composite was created on June 30, 2013.
The FTSE Canada Universe Bond Index is a broad measure of Canadian bonds with terms to maturity of more than one year. It includes federal, provincial, municipal and corporate bonds rated “BBB” or higher.
List of Composites
A complete list of composite descriptions is available to prospective clients upon request. Please contact Carol De Veau at email@example.com.