Fund Portfolio – Mackenzie Unconstrained Bond ETF | Mackenzie Investments
MUB

Mackenzie Unconstrained Bond ETF

NAV:

(23/02/2018)
C$20.82

MARKET PRICE:

(23/02/2018)
C$20.93
Asset Class: High Yield Fixed Income

Fund Finder

OR
View All ETFs

Major Holdings (%) Help Top holdings by percentage

As of January 31, 2018
Major holdings represent 34.2% of the fund.
View all holdings
Total # of
Fixed Income Holdings
281
Total # of
Equity Holdings
15
Holding name, country and sector Percentage of holding in fund
CANHOU 0 09/15/22
4.8%
CAN 1.00 06/01/2027
4.7%
CTB 0 05/03/18
4.7%
TII 0 7/8 02/15/47
1.7%
CAN 2.0 06/01/2028
1.4%
INTC TL B 1L USD CORP
0.9%
INTL FIN CORP 6.3 11/24
0.9%
FFHCN 4.5 03/22/23
0.9%
QTC 2 3/4 08/20/27
0.9%
Cash, Cash Equivalents & Other
13.3%

Complete Fund Holdings Help Full holdings list

As of November 30, 2017
Holding Name Market Value CAD (000s) % of NAV
CTB 0 05/03/18 9,312 5.2%
CAN 1.00 06/01/2027 6,966 3.9%
TII 0 7/8 02/15/47 3,457 1.9%
US TREASURY N/B 1.5 8/26 3,206 1.8%
INTL FIN CORP 6.3 11/24 1,929 1.1%
FFHCN 4.5 03/22/23 1,832 1.0%
QTC 2 3/4 08/20/27 1,791 1.0%
UKT 4.25 12/7/2027 1,777 1.0%
ONT 2.8 6/2/2048 1,721 1.0%
RAX 8 5/8 11/15/24 1,678 0.9%
BCECN 2.7 02/27/24 1,644 0.9%
CM 3 10/28/2024 1,642 0.9%
IRISH GOVT 1 5/26 1,502 0.8%
CAMELOT FINAN 7.875 10/24 1,494 0.8%
BAHAMAS-COMMON 6.0 11/28 1,476 0.8%
GEICN 5.25 7/15/24 1,403 0.8%
BMO 3.32 6/1/2026 1,381 0.8%
TRMIPA TL B USD 9/24 1,304 0.7%
WESDEN TL B 1L USD 6/23 1,300 0.7%
GPRE TL B 1L USD 1,299 0.7%
AIMEGR TLB USD 9/24 1,298 0.7%
INTC TL B 1L USD CORP 1,298 0.7%
CONN 7.25 07/15/22 1,287 0.7%
TLN 9 1/2 07/15/22 1,267 0.7%
CRC 8 12/15/22 1,262 0.7%
ONT 2.9 12/02/2046 1,159 0.6%
CONONE TL B USD 6/24 1,136 0.6%
FTR 9.25 7/1/2021 1,124 0.6%
TD 2.982 09/30/2025 1,067 0.6%
ARCHMS 8.5 09/15/25 1,048 0.6%
MEDDPO TL 1L USD CORP 1,024 0.6%
MEXICAN BONOS 5 12/19 1,003 0.6%
TCV 3 10/20/28 1,002 0.6%
BAHAMAS-COMMONW 5.75 1/24 1,002 0.6%
WNRFCO TL 1L USD 997 0.6%
LIFEMI TL B 1L USD 994 0.6%
DISH DBS CORP 5.875 11/24 994 0.6%
RENFRO TL B 1L USD 965 0.5%
ENBCN 5 3/8 09/27/77 913 0.5%
SPBCN 5.25 02/27/24 902 0.5%
TERP 5 01/31/28 895 0.5%
PETM 5 7/8 06/01/25 893 0.5%
UNIT 7 1/8 12/15/24 892 0.5%
AIRM 8 05/15/25 887 0.5%
PEMEX 4 5/8 09/21/23 868 0.5%
MP 3.4 09/05/48 855 0.5%
FXIHLD 7 7/8 11/01/24 842 0.5%
QCPSNF 8 1/8 11/01/23 839 0.5%
BAMACN V4.75 PERP 48 832 0.5%
CSTM 5.875 02/15/26 831 0.5%
QBRCN 5.75 01/15/26 804 0.4%
MEG ENERGY COR 6.375 1/23 802 0.4%
CAN 1.00 09/01/2022 802 0.4%
MATHOM 6.5 10/01/2025 788 0.4%
AMC 5 7/8 11/15/26 785 0.4%
SFR GROUP SA 781 0.4%
AMENUT 10 04/01/22 144A 775 0.4%
CAMCN TL B 1L 06/24 771 0.4%
INTERIOR LOGIC USD 02/24 768 0.4%
CALPINE CORP 5.5 2/24 755 0.4%
Q 2.75 09/01/27 747 0.4%
SPLS TL 1L USD 742 0.4%
CAMFIN TL 1L USD 10/3/23 736 0.4%
MEN'S WEARHOUSE 7 7/22 729 0.4%
CHS/COMMUNITY 5.125 8/21 717 0.4%
FMSA TL B 1L USD 717 0.4%
BRIGBI TL 1L USD 716 0.4%
PETBRA 7 3/8 01/17/27 712 0.4%
RAD 6 1/8 04/01/23 707 0.4%
HY TL 1L USD 05/22/2023 707 0.4%
CRSR TL 1L USD 697 0.4%
ONT 2.6 06/02/2027 696 0.4%
ALACN V5 PERP K 677 0.4%
EXLINT 10 07/15/23 670 0.4%
AQNCN 4.65 2/15/2022 665 0.4%
PKICN 5.75 09/16/24 664 0.4%
S 6.875 11/15/28 664 0.4%
AR 5 03/01/25 660 0.4%
NUMFP 6 5/15/2022 651 0.4%
REFRLN TL B 1L USD 9/24 650 0.4%
ODP TL B USD 11/03/22 644 0.4%
REDVEN TL B 1L USD 643 0.4%
VTR 2.55 9/15/2023 641 0.4%
PPLCN 2.99 01/22/24 637 0.4%
MATHOM 6.5 10/01/2025 788 0.4%
MILLUS L 05/23/21 1 615 0.3%
TRPCN V4.9 PERP 15 609 0.3%
HSECN V2.404 PERP 1 607 0.3%
CHASSX TL B 1L USD 600 0.3%
CDE 5 7/8 06/01/24 591 0.3%
VALEANT PHARMA 5.375 3/20 577 0.3%
DYN 8 1/8 01/30/26 575 0.3%
WELLDY TL 1L USD CORP 569 0.3%
AMD 7.5 8/15/2022 556 0.3%
NEWGAM 8.25 03/01/24 552 0.3%
UAN 9 1/4 06/15/23 549 0.3%
TENET HEALTHCAR 6.75 6/23 538 0.3%
UBERUS TL B 1L USD 536 0.3%
BWY 7 1/4 04/15/25 536 0.3%
TLN 10 1/2 01/15/26 534 0.3%
BAHAMAS-COMMON 6.95 11/29 532 0.3%
TURKGB 11 02/24/27 525 0.3%
LEXP TL B 1L USD 523 0.3%
NMG 8 10/15/21 REGS 519 0.3%
DAVITA HEALTHCAR 5 5/25 518 0.3%
GLOSRV TL B 1L USD 11/21 517 0.3%
AAC TL 1L USD 515 0.3%
AR 5.625 06/01/23 507 0.3%
SGMS 6 1/4 09/01/20 493 0.3%
CARBUI TL 1L USD 7/23 491 0.3%
FTR TL B 1L USD 491 0.3%
LB 6.95 03/01/33 490 0.3%
MEGCN TL B 1L USD CORP 490 0.3%
SPRINT CORP 7.875 9/23 474 0.3%
PSCLLC TL B 1L USD 468 0.3%
MELDUG T 1L USD CORP 467 0.3%
CSM BAKERY SOLUT FRN 7/20 467 0.3%
TMUS 6.5 1/15/2024 462 0.3%
ETOUCH TL B 1L USD 462 0.3%
GEICN 5.25 07/15/24 REGS 454 0.3%
TTMI 5 5/8 10/01/25 451 0.3%
CADGOS TL USD 8/21 447 0.2%
GEN MOTORS FIN 4.25 5/23 443 0.2%
TACN V2.709 PERP A 437 0.2%
IQORUS TL B 1L USD 434 0.2%
SCN 7.5 9/24/2023 433 0.2%
BNS 2.36 11/08/22 430 0.2%
CALIFORNIA RESOU 8 12/22 422 0.2%
BELLATRIX EXPL 6.75 9/21 406 0.2%
PETM 7 1/8 03/15/23 402 0.2%
FRUSER TL B 1L USE 399 0.2%
INTC TL 2L USD 393 0.2%
SPECTRUM BRANDS 5.75 7/25 391 0.2%
KOFAX TL 1L USD 390 0.2%
AMETRA TL B USD 5/24 390 0.2%
ALEXGB TL 1L USD 389 0.2%
MELDUG TL 1L USD 389 0.2%
WERNCO TL B 1L USD 388 0.2%
JBSSBZ TL B 1L USD 378 0.2%
IMAPRI TL 1L USD 375 0.2%
DHXCN TL B 1L USD CORP 374 0.2%
CTL TL B 1L USD 372 0.2%
INNOCO TL 1L USD CORP 352 0.2%
TMH 6.375 02/01/2025 352 0.2%
HCA 6 1/2 02/15/20 347 0.2%
CPN 6 1/15/2022 347 0.2%
RAD 7.7 02/15/27 341 0.2%
JANSTR TL B 1L USD 340 0.2%
WLSC 7 7/8 12/15/22 335 0.2%
LEE ENTERPRISES 9.5 3/22 334 0.2%
VRXCN 5.625 12/01/21 144A 331 0.2%
BEPUCN 5 PERP PFD 325 0.2%
ALPTHR TL B1 1L USD CORP 324 0.2%
ASPAMC TL 1L USD CORP 322 0.2%
IL TL USD 11/10/24 322 0.2%
MNK TL B 1L USD 321 0.2%
YRCW TL 1L USD 320 0.2%
SN TL 2L USD CORP 318 0.2%
STARWS TL B 1L USD 310 0.2%
RFP 5.875 5/15/2023 308 0.2%
SJRCN V2.791 P12/31/49 A 299 0.2%
MARIPO 8 10/15/2021 297 0.2%
PORTUGAL (REP 5.125 10/24 291 0.2%
GHL TL B 1L USD 286 0.2%
DIAMBC TL 1 USD 7/25/24 284 0.2%
FTR 6.25 9/15/2021 284 0.2%
BCULC 5 10/15/25 279 0.2%
QUEBECOR MEDIA 6.625 1/23 275 0.2%
TERP TL B USD 11/22 274 0.2%
CRCN 6.5 03/14/24 273 0.2%
JEFFIN 6.875 04/15/22 264 0.1%
SFRFP 7.375 05/01/26 261 0.1%
HCACU TL 1L USD 259 0.1%
KEM TL 1L USD 258 0.1%
APPLEI TL 1L USD 258 0.1%
FAGEGA 5 5/8 08/15/26 257 0.1%
SOFTBK 4.75 09/19/24 257 0.1%
CHTR 5 1/8 05/01/27 256 0.1%
WIN TL B6 1L USD CORP 256 0.1%
GWCN TL B 1L USD 250 0.1%
CENREP 5 3/8 01/15/26 249 0.1%
PNICAQ TL B 1L USD 249 0.1%
BIG ASS SOLUTIONS 247 0.1%
PDVSA 6 05/16/24 241 0.1%
BAMACN V4.8 PERP 46 236 0.1%
DIGICT TL 1L USD 236 0.1%
TORINV TL 1L USD CORP 234 0.1%
QPAC TL B 1L USD 06/23 234 0.1%
CSTM 4.25 02/15/26 233 0.1%
MDACN TL B USD 7/24 208 0.1%
DBRS LTD 3/22 205 0.1%
FMCN 7 1/4 04/01/23 205 0.1%
FMCN 7.25 04/01/23 144A 205 0.1%
CHEUCN 4.75 05/31/24 CORP 203 0.1%
TROX TL B 1L USD 200 0.1%
MAR 18 PUT HYG US 86 196 0.1%
STRATE TL 1L USD 194 0.1%
IRON MTN CANAD 5.375 9/23 189 0.1%
SECRUS TL 1L USD 183 0.1%
AIQ TL 1L USD 182 0.1%
RITE AID CORP 6.125 4/23 180 0.1%
PREMIER FOODS 6.5 3/21 179 0.1%
GRTCAN 6.625 07/25/2022 175 0.1%
OMERS 3.244 10/04/2027 175 0.1%
MCD 3.125 03/04/25 173 0.1%
CANADIAN DOLLAR - MARGIN 166 0.1%
TD 3.224 07/25/2029 161 0.1%
VCVHHO TL 1L USD 161 0.1%
BGRKNG FLOAT 05/1/23 158 0.1%
NEIMAN MARCUS 10/20 157 0.1%
BXECN 8 1/2 05/15/20 156 0.1%
AAC TL 1L USD CORP 156 0.1%
LGICN TL 1L CAD 152 0.1%
ENBCN V5.15 P12/31/49 17 143 0.1%
TRPCN 4.65 05/18/77 141 0.1%
ONT 3.15 6/2/2022 140 0.1%
MAR 18 PUT HYG US 85 136 0.1%
"ALTAGAS LTD., PFD" 134 0.1%
PIKE TL B 1L USD 131 0.1%
NEWARC TL 1L USD CORP 130 0.1%
INTLTD TL B1 1L 129 0.1%
ONT 2.9 06/02/2049 129 0.1%
CVGI TL B 1L USD 129 0.1%
BNS 4.65 PERP 129 0.1%
CHTR 5 1/8 05/01/27 256 0.1%
JUN 18 PUT HYG US 85 127 0.1%
PSCLLC TL 2L USD 126 0.1%
CSTM 6 5/8 03/01/25 124 0.1%
ENBGAS 3.51 11/29/47 121 0.1%
PGI TL 1L USD CORP 120 0.1%
HSBC 2.542 01/31/2023 120 0.1%
BCULC 4 1/4 05/15/24 117 0.1%
PETM TL B 1L 111 0.1%
ONTPOW 3.315 10/04/27 103 0.1%
BCECN 0 PERP 4/10/2017 100 0.1%
FEB 18 PUT HYG US 87 99 0.1%
CSPTNA TL B 1L USD C 97 0.1%
SOLERA LLC 96 0.1%
LDIMHO TL B 1L USD 95 0.1%
SOURCE ENRGY S 10.5 12/21 94 0.1%
HEALHP TL B 1L USD 93 0.1%
BCECN 3.6 09/29/2027 92 0.1%
SE 3.59 11/22/2047 92 0.1%
TROX TL B 1L USD 200 0.1%
DHXCN 5 7/8 09/30/24 85 0.0%
ATPCN 5.95 6/23/2036 83 0.0%
EPCOR 3.554 11/27/47 81 0.0%
XCN 2.997 12/11/2024 80 0.0%
SLFCN 2.75 11/23/27 80 0.0%
GLOLIN TL 1L USD 78 0.0%
DIGICT TL 2L USD 78 0.0%
KEPEOR TL 1L USD 78 0.0%
QUESFT TL 1L USD 78 0.0%
CSAL TL B 1L USD 74 0.0%
GIBSON ENERGY 5.25 7/21 73 0.0%
CUCBC 2.6 11/07/2022 70 0.0%
COMMUNICATIONS 8.25 10/23 70 0.0%
TERP 6 3/8 02/01/23 68 0.0%
NEWGAM TL B1 1L USD 65 0.0%
LANMED TL B 1L USD 65 0.0%
DSKE TL 1L USD 65 0.0%
CNDINC TL B1 1L USD 65 0.0%
US LBMH TL USD 64 0.0%
IQORUS TL 2L USD 62 0.0%
AIREIN 3.043 06/01/28 60 0.0%
KRAIND TL 1L USD 58 0.0%
ONT 2.4 06/02/2026 55 0.0%
PLCM TL 1L USD 52 0.0%
"LANNETT COMPANY, INC." 49 0.0%
CUCN 4 6/1/2017 47 0.0%
BRSS TL B 1L USD 32 0.0%
INNOCO TL 2L USD 32 0.0%
DIXELE TL 1L USD 31 0.0%
HYPINS TL B 1L USD 30 0.0%
SNCCN 2.689 11/24/20 30 0.0%
ALORIC TL B USD 6/22 26 0.0%
ROBHOL TL 2L USD 26 0.0%
JAN 18 PUT HYG US 85 20 0.0%
RRD 6 4/1/2024 18 0.0%
SOURCE ENERGY SERVICES LT 7 0.0%
KRAIND TL DD 1L USD 6 0.0%
USA0247 DUMMY SET UP -0 -0.0%
CURRENCY CONTRACT - DKK CAD - 10428 50 0.0%
CURRENCY CONTRACT - EUR CAD - 11336 32 0.0%
CURRENCY CONTRACT - CAD AUD - 10356 25 0.0%
CURRENCY CONTRACT - EUR CAD - 10826 13 0.0%
CURRENCY CONTRACT - EUR CAD - 11153 12 0.0%
CURRENCY CONTRACT - CAD MXN - 8687 3 0.0%
CURRENCY CONTRACT - CAD MXN - 11516 1 0.0%
CURRENCY CONTRACT - MXN CAD - 11514 -0 -0.0%
CURRENCY CONTRACT - CAD AUD - 11444 -0 -0.0%
CURRENCY CONTRACT - CAD AUD - 10935 -0 -0.0%
CURRENCY CONTRACT - CAD MXN - 10933 -1 -0.0%
CURRENCY CONTRACT - CAD MXN - 9338 -1 -0.0%
CURRENCY CONTRACT - MXN CAD - 11515 -1 -0.0%
CURRENCY CONTRACT - CAD MXN - 9038 -1 -0.0%
CURRENCY CONTRACT - CAD MXN - 9343 -3 -0.0%
CURRENCY CONTRACT - CAD EUR - 10934 -4 -0.0%
CURRENCY CONTRACT - CAD MXN - 9029 -5 -0.0%
CURRENCY CONTRACT - CAD EUR - 11443 -5 -0.0%
CURRENCY CONTRACT - CAD USD - 10499 -5 -0.0%
CURRENCY CONTRACT - CAD DKK - 9095 -5 -0.0%
CURRENCY CONTRACT - CAD DKK - 8764 -7 -0.0%
CURRENCY CONTRACT - CAD GBP - 9451 -8 -0.0%
CURRENCY CONTRACT - CAD DKK - 9336 -8 -0.0%
CURRENCY CONTRACT - CAD EUR - 10739 -9 -0.0%
CURRENCY CONTRACT - CAD DKK - 8798 -16 -0.0%
CURRENCY CONTRACT - CAD USD - 10688 -22 -0.0%
CURRENCY CONTRACT - CAD EUR - 10029 -31 -0.0%
CURRENCY CONTRACT - CAD EUR - 10472 -35 -0.0%
CURRENCY CONTRACT - CAD USD - 8612 -43 -0.0%
CURRENCY CONTRACT - CAD USD - 8613 -45 -0.0%
CURRENCY CONTRACT - CAD USD - 9796 -49 -0.0%
CURRENCY CONTRACT - CAD GBP - 11335 -50 -0.0%
CURRENCY CONTRACT - CAD USD - 8765 -81 -0.0%
CURRENCY CONTRACT - CAD USD - 10193 -108 -0.1%
CURRENCY CONTRACT - CAD USD - 10932 -268 -0.1%
CURRENCY CONTRACT - CAD USD - 9334 -396 -0.2%
CURRENCY CONTRACT - CAD USD - 10310 -486 -0.3%
CURRENCY CONTRACT - CAD USD - 8992 -675 -0.4%
Cash, Cash Equivalents & Other 27,003 15.0%
Total Net Assets 179,453 99.6%
Maturity
0 - 1 year 4.7%
1 - 2 years 0.5%
2 - 3 years 1.3%
3 - 5 years 18.5%
5 - 7 years 31.8%
7 - 10 years 18.0%
10 - 15 years 3.8%
20+ years 3.9%
Equity 2.4%
Other 1.8%
Cash & Equivalents 13.3%

Asset Allocation (%) Help Holdings by region and sector

As of January 31, 2018
  • Regional Allocation
      United States
    41.5%
      Canada
    33.5%
      Netherlands
    1.5%
      Australia
    1.4%
      Bahamas
    1.3%
      United Kingdom
    1.1%
      France
    0.9%
      Brazil
    0.5%
      Mexico
    0.5%
      Other
    4.5%
      Cash & Equivalents
    13.3%
  • Sector Allocation
      Corporates 32.0%
      Bank Loans 25.4%
      Federal Bonds 15.9%
      Foreign Fixed Income 6.7%
      Equity 2.4%
      Provincial Bonds 1.9%
      Other 2.4%
      Cash & Equivalents 13.3%
Maturity
0 - 1 year 4.7%
1 - 2 years 0.5%
2 - 3 years 1.3%
3 - 5 years 18.5%
5 - 7 years 31.8%
7 - 10 years 18.0%
10 - 15 years 3.8%
20+ years 3.9%
Equity 2.4%
Other 1.8%
Cash & Equivalents 13.3%
Credit Allocation (%)
AAA 19.1%
AA 3.3%
A 4.3%
BBB 4.6%
BB 13.7%
B 28.8%
CCC & Below 5.1%
NR 3.4%
Equity 2.4%
Other 2.0%
Cash & Equivalents 13.3%

Investment Teams

Mackenzie Fixed Income Team

The Mackenzie Fixed Income Team covers a broad range of debt securities and conducts proprietary analysis. Economic analysis helps shape the context for valuing government and corporate sectors.

Commissions, trailing commissions, management fees, brokerage fees and expenses may be associated with investment funds. Please read the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and does not take into account sales, redemption, distribution, or optional charges or income taxes payable by any security holder that would have reduced returns. Investment funds are not guaranteed, their values change frequently and past performance may not be repeated.

For changes in the business, operations or affairs of an investment fund, and reorganization or acquisition of assets in an investment fund during the most recent 10 years that could have materially affected the performance of the investment fund, please refer to the "Major Changes During the Last 10 Years” section in the most recent Annual Information Form.

Mutual Fund US Dollar Settlement Option details.

Index performance does not include the impact of fees, commissions, and expenses that would be payable by investors in the investment products that seek to track an index.

The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect future values of the investment fund or asset allocation service or returns on investment in the investment fund or from the use of the asset allocation service.

* The FTSE TMX Canada 91 Day T-Bill Index measures the return attributable to 91-day Treasury Bills.

‡ Credit ratings and rating categories are based on Standard & Poor’s or DBRS (or equivalent ratings issued by other approved credit rating organizations).

† Maturity details are provided by one or more sources that may include DBRS, S&P, Bloomberg, FTSE TMX and Citigroup Corp.

Inception date is the date when the ETF is listed.

The Fund’s net asset value or “NAV” is determined by calculating the aggregate of the value of the Fund’s assets less its liabilities on a particular date.

The Fund’s market price is determined by using the midpoint between the highest bid and the lowest offer on the primary stock exchange on which units of the Fund are listed for trading at market close.

The NAV return is based on the NAV of the Fund per unit and the market return is based on the market price of the Fund per unit.