Emerging Markets Large Cap Equity

Inception: May 2018

Benchmark: MSCI Emerging Markets Index

Lead Portfolio Manager: Arup Datta, MBA, CFA

Investment Adviser: Mackenzie Investments Corporation

Portfolio Advantage

Core focus that aims to add value across a variety of market conditions
Nimble process that incorporates daily changes in stock alpha rankings
Daily rebalancing and trading using predictive transaction cost modelling with a focus on capacity management

Investment Philosophy

The Mackenzie Global Quantitative Equity team believes a core style of investing that employs fundamental ideas in a systematically disciplined, risk-aware manner can generate alpha in most market environments. Our team’s priority in executing the investment process is to remain nimble in seeking to generate alpha for clients. To retain this advantage, we use a proprietary transaction cost model and focus on capacity.

Investment Approach

Bottom-up, quantitative stock selection process is applied to a broad investable universe of over 7,000 securities from 24 emerging markets countries and a select number of frontier countries.
Stocks are analyzed through a region/sector relative model framework.
Individual stock weights are assigned based upon sub-factors, which are grouped into the four aggregate factors, Value, Revisions, Quality and Informed Investor.
Contextual modeling is utilized to further refine the weights of factors assigned to stocks.
The priority in executing the investment process is to remain nimble in seeking to generate alpha for clients.

Profile

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 Mackenzie Emerging Markets Large Cap Composite contains fully discretionary Emerging Markets Large Cap 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®).

Composite Description

The Emerging Markets Large Cap Composite seeks to provide long-term capital appreciation and outperform its benchmark. The strategy applies a quantitative, bottom-up stock selection investment process, based on fundamental insights, to emerging and selected frontier markets across large and mid-cap stocks. The investment process focuses on a succinct, high conviction set of factors, which are applied within the context of a region/sector/industry relative model. The composite was created on June 1, 2018.

Benchmark Description

The benchmark is the MSCI Emerging Markets Index, net of withholding taxes. The MSCI Emerging Markets Index is a free float adjusted, market capitalization weighted index that is designed to measure the large and mid cap equity market performance of emerging markets. It consists of 26 emerging market country indices.

List of Composites

A complete list of composite descriptions is available to prospective clients upon request. Please contact Dean Silver at dean.silver@mackenzieinvestments.com.