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Mackenzie Investments
An actively managed global equity fund: 60 stocks, 58% United States, unhedged, for 0.8% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Actively managed global portfolio with a United States tilt. United States is the largest regional weight at 57.9%. Results reflected both that positioning and individual stock selection.
Top holding: Permian Resources Corp Class A 3.7% (broad) · Top sector: Financials 19.5% (broad) · Top region: United States 57.9% (region-tilted)
Financials 19.5%·Technology 15.0%·Healthcare 11.5%·Energy 11.3%·Materials 9.4%·Other 9.2%·Other (locked) 24.2%
United States 57.9%·Europe 21.4%·Emerging Markets 12.8%·Canada 3.6%·Japan 2.7%·Other 1.6%
Source: fund provider disclosure.
The management fee was 0.8% a year, or about $80 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
How durable the fund is, and what moved its price.
| Assets | $5M· net assets |
| Listed | 2026· 0 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | MAGV.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | Global / World |
| Provider | Mackenzie Investments |
| Mgmt fee | 0.80% |
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Prices as of last close.
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