Fund Overview & Performance

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Equitable Life Mackenzie Unconstrained Fixed Income Fund Select

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September 30, 2025

Fund Overview

The objective of the segregated fund is to invest in units of the Mackenzie Unconstrained Fixed Income Fund or a substantially similar fund. The underlying fund objective is to seek a positive total return, regardless of market conditions over a market cycle, by investing primarily in fixed-income securities of issuers anywhere in the world and derivative instruments.

Risk Rating

This fund's risk rating is Low

As of July 31, 2025

Asset Allocation (%)

Asset Percent
Foreign Corporate Bonds 44.9%
Canadian Corporate Bonds 21.7%
Foreign Government Bonds 17.7%
Cash and Equivalents 7.8%
Canadian Government Bonds 3.9%
Foreign Bonds - Other 1.7%
Canadian Bonds - Funds 1.5%
Canadian Equity 0.8%

Sector Allocation (%)

Sector Percent
Fixed Income 90.5%
Cash and Cash Equivalent 7.8%
Utilities 0.6%
Consumer Goods 0.6%
Telecommunications 0.2%
Financial Services 0.1%
Energy 0.1%
Other 0.1%

Geographic Allocation (%)

Region Percent
North America 88.0%
Latin America 3.5%
Asia 2.4%
Europe 1.3%
Africa and Middle East 0.1%
Other 4.7%

Top 10 Holdings (%)

As of July 31, 2025

Name Percent
Cash and Cash Equivalents 6.31%
Mackenzie Floating Rate Income ETF (MFT) 3.97%
United States Treasury 4.25% 15-May-2035 3.24%
Canada Government 3.50% 01-Sep-2029 2.37%
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 2.26%
United States Treasury 4.63% 15-Feb-2055 1.92%
United States Treasury 3.50% 15-Feb-2033 1.87%
United States Treasury 4.63% 15-Feb-2035 1.84%
Mackenzie High Quality Floating Rate Fund Series R 1.49%
Brazil Government 10.00% 01-Jan-2027 1.41%

Growth of $10,000

As of September 30, 2025

Period:

For the period 08/30/2013 through 09/30/2025 with $10,000 CAD investment, The value of the investment would be $11,310

Calendar Return (%)

As of September 30, 2025

Period 2024 2023 2022 2021 2020 2019 2018 2017 2016 2015
Fund 3.26  4.74  -8.99  -2.69  3.58  6.08  -4.12  2.76  9.93  -5.29 
Quartile 3 4 2 4 4 2 4 3 3 4

Compound Return (%)

As of September 30, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund 1.08  1.54  2.44  1.87  4.06  -0.05  1.31 
Quartile 2 4 4 4 4 4 4

Fund Information

Description Guarantee Fee NL NL-CB NL-CB5 DSC LL
Investment Class (75/75) - ELC746 ELC3046 ELC5046 ELC646 ELC1246
Estate Class (75/100) 0.25% ELC946 ELC3146 ELC5146 ELC846 ELC1346
Protection Class (100/100) 0.50% ELC1146 ELC3246 ELC5246 ELC1046 ELC1446
Available for new sales Not available for new sales

Other Fund Information

Product Availabilty

Pivotal Select (75/75,75/100,100/100)

Date of Inception:

September 2013

Net Asset Value per Unit:

$11.36 (10/17/2025)
Change: -$0.02 (-0.14%)

Estimated Management
Expense Ratio (MER)†:

2.71%

Fund Category

Multi-Sector Fixed Income

Portfolio Manager

Mackenzie Financial Corporation

Investment Style

Fixed Income

Duration: Mid

Credit Rating: Med

Performance Chart

Period:
Chart Type:
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Equitable Life Mackenzie Unconstrained Fixed Income Fund Select

Equitable Life Mackenzie Unconstrained Fixed Income Fund Select

Summary

For the period 08/30/2013 through 09/30/2025 with $10,000 CAD investment

Total returns performance

13.10%

Last price

$11.31 CAD

as of market close 09/30/2025

Value of $10,000 investment

$11,309.79  CAD

Period:
Interval:
Effective date Price ($)

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IMPORTANT NOTE: A fundamental change was made to the underlying fund effective April 1, 2019. This change would have affected the segregated fund's performance either positively or negatively had the change been in effect throughout the periods shown.