Fund Overview & Performance

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Equitable Life Mackenzie Unconstrained Fixed Income Fund Select

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March 31, 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 January 31, 2025

Asset Allocation (%)

Asset Percent
Foreign Corporate Bonds 42.4%
Canadian Corporate Bonds 20.9%
Foreign Government Bonds 15.8%
Cash and Equivalents 12.5%
Canadian Government Bonds 3.8%
Foreign Bonds - Other 2.0%
Foreign Bonds - Funds 1.5%
Canadian Equity 1.1%

Sector Allocation (%)

Sector Percent
Fixed Income 85.8%
Cash and Cash Equivalent 12.5%
Consumer Goods 0.6%
Utilities 0.6%
Financial Services 0.2%
Industrial Goods 0.1%
Telecommunications 0.1%
Energy 0.1%

Geographic Allocation (%)

Region Percent
North America 85.0%
Europe 6.2%
Asia 2.4%
Multi-National 1.5%
Latin America 1.3%
Africa and Middle East 0.4%
Other 3.2%

Top 10 Holdings (%)

As of January 31, 2025

Name Percent
Cash and Cash Equivalents 8.87%
Mackenzie Floating Rate Income ETF (MFT) 4.05%
Canada Government 3.50% 01-Sep-2029 2.38%
United States Treasury 2.13% 15-Feb-2054 2.38%
Mackenzie Canadian All Corporate Bond Ix ETF (QCB) 2.26%
Germany Government 2.10% 12-Apr-2029 1.91%
United States Treasury 3.50% 15-Feb-2033 1.90%
Northleaf Private Credit II LP MI 15 1.63%
Mackenzie High Quality Floating Rate Fund Series R 1.45%
United Kingdom Government 0.88% 31-Jul-2033 1.28%

Growth of $10,000

As of March 31, 2025

Period:

For the period 08/30/2013 through 03/31/2025 with $10,000 CAD investment, The value of the investment would be $11,041

Calendar Return (%)

As of March 31, 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 March 31, 2025

Period 1 mth 3 mths 6 mths 1 yr 3 yr 5 yr 10 yr
Fund -1.00  0.21  -0.55  3.21  1.11  0.41  0.60 
Quartile 4 4 4 4 3 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:

$11.00 (05/07/2025)
Change: $0.02 (0.21%)

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 03/31/2025 with $10,000 CAD investment

Total returns performance

10.41%

Last price

$11.04 CAD

as of market close 03/31/2025

Value of $10,000 investment

$11,041.00  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.