Mackenzie Balanced Allocation Fund

Mackenzie Balanced Allocation Fund is a mutual fund designed to provide investors with a diversified portfolio that balances growth and income generation. Its primary function is to allocate investments across various asset classes, typically including both equity and fixed-income securities, to achieve a middle-ground risk-return profile. By incorporating a mix of domestic and international stocks, bonds, and sometimes cash or cash equivalents, the fund seeks to achieve stable growth while minimizing exposure to market volatility. This balanced fund is particularly significant in the financial market for investors seeking moderate capital appreciation alongside some level of income creation, appealing to those with a more conservative investment strategy. Its role is to offer a comprehensive investment solution that mitigates risk through diversification, catering to individuals who desire a one-stop-shop approach to managing their portfolio across different economic sectors and geographical regions.