Mackenzie Canadian Short Term Bond Fund (QSB)

Overview

The fund is a specialized investment vehicle that focuses primarily on the materials sector within the U.S. equity market. It operates with a specific investment strategy, dedicating at least 80% of its assets (which includes net assets plus any borrowings for investment purposes) to stocks that are part of a designated index. These stocks are selected and weighted according to their market capitalization within the index, aiming to mirror the index's performance, which is a measure of the materials sector's performance in the broader U.S. equity market. This fund is non-diversified, indicating a focused investment approach in the materials sector, potentially offering higher rewards but also higher risks compared to more diversified funds.

Products and Services

The fund offers a specialized investment product focused on the materials sector of the U.S. equity market. Below is a detailed explanation of the product:

• Materials Sector Equity Fund: The main product offered by the fund is an investment vehicle that targets the materials sector of the U.S. equity market. This product is designed for investors seeking exposure to the materials sector, which can include industries such as chemicals, construction materials, metals, mining, and forestry products. The fund invests at least 80% of its assets in stocks included in a specific index that tracks the performance of the materials sector, ensuring a focused investment strategy. These investments are made in proportion to each stock's market capitalization weighting within the index, aiming to replicate the index's performance as closely as possible. The fund’s non-diversified nature suggests a concentrated portfolio in the materials sector, appealing to investors looking for sector-specific exposure rather than a broad market investment.