Global Environmental All Cap Equity

Inception: January 2008

Benchmark: MSCI ACWI TR Index

Lead Portfolio Managers: John A. Cook, CIM; Gregory Payne, PhD, CFA

Portfolio Advantage

We see superior growth and long-term prospects for environmental sectors
Focus on environmental theme sectors with high levels of regulatory and technological change
Disciplined due diligence, value style

Investment Philosophy

The Mackenzie Greenchip Team believes that as resource and environmental issues become more challenging, prices will be forced to adjust and strong “blue chip” companies operating in the green economy will be in great demand. Having focused exclusively on environmental sectors (Clean Energy, Energy Efficiency, Clean Technology, Sustainable Agriculture, Water Treatment and Sustainable Transportation) for over a decade, we have a deep knowledge of these sectors and are confident that through our sustainability thesis, combined with a proven value discipline, we can continue to pursue superior returns for our investors. We apply intensive due diligence and only hold stocks when we see significant discounts to intrinsic value.

Investment Approach

We believe a focused, concentrated, active, fundamental value strategy is the optimal approach to realize the returns and minimize investment risk in the environmental economy.
Intensive due diligence is performed on companies that pass our screening process, consisting of a review of financial reports and presentations, management interviews, and construction of discounted cash flow models.
We monitor financially material ESG information. We use positive screens for companies operating in sectors that address changing demographics, resource scarcity and environmental degradation.
Target a concentrated portfolio of 25-45 securities but are careful to ensure diversification by geography, company size, and environmental subsector.

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.

This strategy was operated by Greenchip Financial Corporation (“Greenchip”) until December 31, 2020, when Greenchip amalgamated with Mackenzie Financial Corporation.

GIPS Compliance Statement

Mackenzie Investments claims compliance with the Global Investment Performance Standards (GIPS®).

Composite Description

The Global Environmental Equity Composite seeks to provide long-term capital appreciation by investing primarily in listed equity securities of issuers located anywhere in the world that operate in the environmental economy. The strategy seeks to achieve its objectives by identifying undervalued securities that will benefit from the long-term trends of changing demographics, resource scarcity, and environmental degradation. Portfolios in the composite will invest primarily in environmental sectors which include clean energy, energy efficiency, clean technology, water, sustainable agriculture and transportation. There is no limit on the market capitalization of securities within this composite.

Benchmark Description

Benchmark is the MSCI AC (All Country) World Total Return Index, net of withholding taxes. The MSCI AC World Index is a free float adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. The index consists of 23 developed and 24 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.