The Invested

Canada’s bond reality check and what it may signal for global rates

Why is Mackenzie’s fixed-income team more dovish than the market on Bank of Canada cuts? Host Rajan Bansi sits down with Konstantin Boehmer to unpack Canada’s setup, Fed independence, and what rate paths could mean for portfolios through 2026. Tune in for client-ready talking points, and a practical way to frame diverging central banks in global portfolios. 

This episode was recorded on February 9, 2026. 

Rates held, markets moved. What advisors need to know

The Fed held rates steady, and the markets moved anyway. Dustin Reid, Chief Fixed Income Strategist at Mackenzie Investments unpacks what shifted, what investors may be underestimating, and the key portfolio implications advisors should be ready to explain. 

This episode was recorded on January 29, 2026. 

Resources in a multipolar world

Greenland. Venezuela. The Panama Canal. Are these really “resource stories”, or something bigger? Host Rajan Bansi sits down with Benoit Gervais, head of Mackenzie’s Resource Boutique, to unpack how energy flows, critical chokepoints, and shifting alliances are reshaping the resource backdrop that’s moving headlines to allocations. Listen for the context you need for your next client conversation. 

For more insights Mackenzie’s Resource Boutique, click here.

This episode was recorded on January 21, 2026. 

Beyond smart beta: Building better income with Systematic Strategies

In this episode, Michael Kapler, Portfolio Manager on Mackenzie’s Multi-Asset Strategies Team discusses how modern data, computing power, and disciplined modelling have transformed systematic investing—and what that means for constructing stronger income solutions. He walks through how high-dividend ETFs using covered calls and leverage generate diversified cash flows while balancing risk, transparency, and downside protection. 

This episode was recorded on December 8, 2025. 

The next Fed chair and the market’s blind spot

In this episode, Dustin Reid, Chief Fixed Income Strategist, unpacks the Fed’s dilemma of hot inflation and cooling labour markets, the implications of a potential Kevin Hassett Fed chair, and how policy risk could ripple across bonds, equities and currencies. He also lays out why Canada’s growth drivers are weakening and why the first half of 2026 may deliver very different outcomes for the US, Canada, and global markets. 

This episode was recorded on Dec 11, 2025. 

2026 Market Outlook with Lesley Marks and Steve Locke

In this episode, Lesley Marks, CIO of Equities, and Steve Locke, CIO of Fixed Income and Multi-Asset Strategies, break down Mackenzie’s 2026 Market Outlook and explain why investors will need both resilience and discipline in the year ahead. They unpack the path of interest rates as central banks balance softer growth with sticky inflation, why earnings—not multiples—will drive equity returns, and how fiscal stimulus and capital investment could reshape opportunities across regions. The conversation also highlights where risks may be hiding beneath the surface and how diversification beyond US large caps can strengthen portfolios going into 2026. 

For more insights and perspectives, download our 2026 Market Outlook.

This episode was recorded on December 8, 2025. 

Driving in fog: Central banks navigate uncertain data

In this episode, Dustin Reid, Chief Fixed Income Strategist, unpacks diverging views at the Fed, Canada’s steady hand on rates, and Japan’s rising fiscal risks. Dustin shares how his team is positioning portfolios amid “thickening fog” in the data, why he expects the Fed to hold in December, and where he still finds value in short-term Canadian bonds and emerging markets. 

This episode was recorded on November 20, 2025. 

Central banks at a crossroads

In this episode, Dustin Reid, Chief Fixed Income Strategist, breaks down the latest rate cuts from the Federal Reserve and the Bank of Canada—and what they mean for advisors building resilient portfolios. Dustin explains why the Fed’s pushback on further easing and the Bank of Canada’s move to the bottom of its neutral range could shape opportunities across the yield curve. He also shares how his team is positioning in short-term Canadian bonds, managing duration risk, and balancing exposure between developed and emerging markets. 

Thanks for listening—and as always, stay invested. 

This episode was recorded on October 29, 2025. 

Turning emotion into investment discipline

In this episode, Gleb Sivitsky, Portfolio Manager on Mackenzie's Multi-Asset Strategies Team, discusses how thoughtful portfolio construction can help reinforce discipline. He explains why investor mistakes rarely stem from a single decision—it's often a combination of behaviours, like chasing performance or selling at the wrong time. Gleb explores how modern solutions—from model portfolios to ETF portfolios to asset allocation ETFs—can help clients stay invested for the long term. 

Thanks for listening—and as always, stay invested.

This episode was recorded on October 21, 2025.

Opportunities beyond the Magnificent Seven

In this episode, Katherine Owen, Portfolio Manager with Mackenzie’s Global Equity & Income Team, shares her perspective on navigating today’s complex market. She discusses the resilience of the US economy, the growing divide between AI-driven mega-cap leaders and the broader market, and where her team is finding compelling opportunities abroad. Advisors will also hear about the key risk investors may be overlooking as they build diversified portfolios. 

Thanks for listening—and as always, stay invested. 

This episode was recorded on October 20, 2025.