Fund Portfolio – Mackenzie Canadian All Cap Balanced Class Series A MFC3733 MFC4219 MFC7192 MFC4227 | Mackenzie Investments

Mackenzie Canadian All Cap Balanced Class Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of March 31, 2017
Major holdings represent 21.3% of the fund.
View all holdings
Total # of
Equity Holdings
63
Total # of
Fixed Income Holdings
236
Holding name, country and sector Percentage of holding in fund
Royal Bank of Canada
Canada | Diversified Banks
3.8%
Bank of Nova Scotia/The
Canada | Diversified Banks
3.8%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
3.5%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.1%
Canadian National Railway Co.
Canada | Railroads
2.9%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
1.4%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
0.8%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.7%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
0.7%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
0.6%

Complete Fund Holdings Help Full holdings list

As of January 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 44,672 43 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 49,528 48 0.1%
Agrium Inc. 7,012 940 1.3%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 53,413 54 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 58,268 63 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 12,625 13 0.0%
Alimentation Couche-Tard Inc. 3.319% 11-01-2019 Callable 17,481 18 0.0%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 72,836 75 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 64,095 69 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 23,492 1,400 1.9%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 44,478 46 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 50,499 52 0.1%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 56,909 56 0.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 64,095 85 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 27,192 35 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 73,807 97 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 84,489 88 0.1%
ARC Resources Ltd. 19,901 403 0.5%
Arrow Lakes Power Corp. 5.516% 04-05-2041 15,390 17 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 52,442 53 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 17,437 23 0.0%
Aviva PLC 4.50% 05-10-2021 34,961 37 0.1%
Bank of America Corp. 3.95% 04-21-2025 14,567 19 0.0%
Bank of Montreal 16,995 1,672 2.3%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 151,498 149 0.2%
Bank of Montreal 3.32% 06-01-2026 184,517 189 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 67,980 70 0.1%
Barrick Gold Corp. 39,078 937 1.3%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 72,836 75 0.1%
Bell Canada 4.70% 09-11-2023 Series MTN 58,268 65 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 27,192 35 0.0%
Boardwalk Real Estate Investment Trust 8,808 416 0.6%
BP Capital Markets PLC 3.497% 11-09-2020 80,605 85 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 82,547 86 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 82 2 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 1,971 51 0.1%
Brookfield Property Partners LP 30,565 890 1.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 55,355 55 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 87,403 90 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 24,279 32 0.0%
Bruce Power LP 2.844% 06-23-2021 80,605 82 0.1%
Bruce Power LP 3.969% 06-23-2026 24,279 25 0.0%
CAE Inc. 73,372 1,356 1.8%
Caisse Centrale Desjardins 2.09% 01-17-2022 86,431 87 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 101,970 110 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 28,163 39 0.1%
Canaccord Genuity Group Inc. 61,017 268 0.4%
Canada Housing Trust No. 1 1.90% 09-15-2026 83,518 81 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 49,133 50 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 50,321 51 0.1%
Canadian Energy Services & Technology Corp. 65,306 504 0.7%
Canadian Imperial Bank of Commerce 19,891 2,203 3.1%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 87,403 88 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 63,124 63 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 198,113 203 0.3%
Canadian National Railway Co. 24,133 2,182 3.0%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 106,825 109 0.1%
Canadian Natural Resources Ltd. 38,535 1,516 2.1%
Canadian Pacific Railway Ltd. 7,555 1,487 2.0%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 17,481 18 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 37,874 40 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 6,854 948 1.3%
Canadian Western Bank 10,493 310 0.4%
Capital Power Corp. 32,679 807 1.1%
Cenovus Energy Inc. 25,447 452 0.6%
CHIP Mortgage Trust 2.33% 04-29-2020 20,394 20 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 24,279 24 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 125,277 131 0.2%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 23,191 30 0.0%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 115,566 119 0.2%
City of Montreal 2.75% 09-01-2026 176,748 174 0.2%
Comber Wind Financial Corp. 5.132% 11-15-2030 131,881 142 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 109,739 112 0.2%
Cominar REIT 4.247% 05-23-2023 31,076 32 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 101,970 133 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 48,557 68 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 33,239 44 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 14,530 19 0.0%
Corus Entertainment Inc. Class B non-voting 14,822 191 0.3%
Crescent Point Energy Corp. 14,363 218 0.3%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 76,720 76 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 60,636 80 0.1%
CT Real Estate Investment Trust 16,271 239 0.3%
CU Inc. 3.76% 11-19-2046 Callable 2046 27,192 27 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 44,672 45 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 20,394 27 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 48,557 64 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 22,791 28 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 38,846 51 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 26,221 26 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 6,798 9 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 13,596 19 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 13,596 19 0.0%
Dorel Industries Inc. Class B Sub. voting 6,734 242 0.3%
Dream Office Real Estate Investment Trust 31,132 598 0.8%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 21,365 26 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 48,557 49 0.1%
ECN Capital Corp. 190,654 580 0.8%
Empire Co. Ltd. Class A non-voting 37,466 609 0.8%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 10,683 11 0.0%
Enbridge Inc. 45,980 2,546 3.6%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 2,787 51 0.1%
EnCana Corp. 22,494 374 0.5%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 44,672 47 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 43,701 45 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 88,374 101 0.1%
First National Financial Group Corp. 2.29% 07-01-2018 3,868 4 0.0%
Flex Acquisition Co.Inc. 6.88% Callable 2020 144A 14,567 19 0.0%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 17,437 23 0.0%
Fortified Trust 1.67% 07-23-2021 71,864 71 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 33,019 35 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 46,347 39 0.1%
Freshii Inc. 8,969 110 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 21,365 28 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 35,932 39 0.1%
Futures Contracts 10 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 19,978 25 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 123,839 119 0.2%
Genesis Trust II 1.699% 04-15-2020 63,124 63 0.1%
Genworth MI Canada Inc. 18,463 602 0.8%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 19,423 28 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 34,961 37 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 38,846 51 0.1%
Goldcorp Inc. 36,197 762 1.0%
Government of Bermuda 4.854% 02-06-2024 166,065 226 0.3%
Government of Canada 1.25% 12-01-2047 Real Return 437,984 536 0.7%
Government of Canada 2.75% 12-01-2048 844,115 908 1.2%
Government of Portugal 5.125% 10-15-2024 83,518 105 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 54,384 56 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 54,384 55 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 33,990 36 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 60,728 77 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 52,442 52 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 46,615 47 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 6,798 8 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 47,586 49 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 41,759 42 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 53,413 54 0.1%
Honda Canada Finance Inc. 2.155% 02-18-2021 57,297 58 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 33,990 34 0.0%
HSBC Bank Canada 2.449% 01-29-2021 38,846 40 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 67,009 67 0.1%
Hydro One Inc. 3.72% 11-18-2047 23,307 23 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 55,355 56 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 48,557 54 0.1%
Industrial Alliance Insurance and Financial Services Inc. 17,106 937 1.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 99,056 101 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 23,307 23 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 36,412 47 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 1,845 2 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 12,625 14 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 13,596 17 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 1,457 1 0.0%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 56,326 57 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 17,481 18 0.0%
International Finance Corp. 3.625% 05-20-2020 80,605 78 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 98,341 123 0.2%
JPMorgan Chase & Co. 3.19% 03-05-2021 73,807 77 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 18,937 25 0.0%
Kinross Gold Corp. 35,048 178 0.2%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 54,210 71 0.1%
Linamar Corp. 10,196 583 0.8%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 44,046 41 0.1%
Loblaw Companies Ltd. 15,295 1,046 1.4%
Lower Mattagami Energy LP 2.31% 10-21-2026 9,711 9 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 33,990 36 0.0%
Mackenzie Global Tactical Bond Fund Series R 31,128 304 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 21,537 220 0.3%
Magna International Inc. 20,636 1,162 1.6%
Manulife Bank of Canada 1.915% 09-01-2021 65,066 65 0.1%
Manulife Financial Corp. 63,773 1,591 2.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 23,307 31 0.0%
MCAP Services Corp. 1.85% 03-01-2018 23,934 24 0.0%
Merrill Lynch 1.30% 08-01-2021 133,872 132 0.2%
Merrill Lynch 1.37% 11-01-2021 256,520 253 0.3%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 51,060 51 0.1%
Methanex Corp. 7,322 476 0.6%
Metropolitan Life Global Funding I 3.107% 04-16-2021 20,394 21 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 55,355 55 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 76,720 77 0.1%
National Bank of Canada 2.105% 03-18-2022 152,469 153 0.2%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 165,094 190 0.3%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 14,567 15 0.0%
North Battleford Power LP 4.958% 12-31-2032 56,841 63 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 37,874 49 0.1%
Northland Power Inc. 45,327 1,085 1.5%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 54,899 71 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 19,423 26 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 38,846 45 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 1,271,223 249 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 111,681 65 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 30,105 39 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 70,893 72 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 40,788 41 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 26,221 28 0.0%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 25,153 25 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 51,470 53 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 149,556 157 0.2%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 18,395 24 0.0%
Potash Corp. of Saskatchewan Inc. 48,662 1,178 1.6%
Precision Drilling Corp. 38,962 285 0.4%
Province of Alberta 3.30% 12-01-2046 280,660 274 0.4%
Province of British Columbia 2.30% 06-18-2026 16,509 16 0.0%
Province of British Columbia 2.80% 06-18-2048 207,436 189 0.3%
Province of Manitoba 2.85% 09-05-2046 228,218 202 0.3%
Province Of Manitoba 3.40% 09-052-2048 125,277 124 0.2%
Province of Ontario 0% 06-02-2026 96,143 74 0.1%
Province of Ontario 2.40% 06-02-2026 34,961 35 0.0%
Province of Ontario 2.90% 12-02-2046 568,117 520 0.7%
Province of Ontario F/R 10-27-2021 335,043 334 0.5%
Province of Quebec 0% 04-01-2026 102,941 79 0.1%
Province Of Quebec 2.75% 09-01-2027 10,683 11 0.0%
Province of Quebec 3.50% 12-01-2045 951,718 973 1.3%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 20,394 20 0.0%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 39,817 53 0.1%
Reliance LP 3.813% 09-15-2020 46,615 47 0.1%
Reliance LP 5.187% 03-15-2019 135,960 142 0.2%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 12,625 13 0.0%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 67,980 77 0.1%
Rogers Communications Inc. Class B non-voting 14,568 822 1.1%
Royal Bank of Canada 29,046 2,717 3.8%
Royal Bank of Canada 1.583% 09-13-2021 82,547 81 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 55,355 55 0.1%
Royal Bank of Canada 3.31% 01-20-2026 178,690 183 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 27,192 36 0.0%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 18,452 19 0.0%
Savanna Energy Services Corp. 35,354 71 0.1%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 69,793 68 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 17,481 23 0.0%
ShawCor Ltd. 16,840 612 0.8%
SNC-Lavalin Group Inc. 11,459 643 0.9%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 54,384 61 0.1%
Spy Hill Power LP 4.14% 03-31-2036 44,492 45 0.1%
Sun Life Financial Inc. 26,685 1,371 1.9%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 89,345 92 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 66,038 67 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 120,421 122 0.2%
Suncor Energy Inc. 12,702 513 0.7%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 74,778 96 0.1%
TD Capital Trust IV 6.631% 06-30-2021 Callable 2021 31,076 36 0.0%
TD Securities Inc. 1.45% 12-01-2021 40,537 40 0.1%
Team Health Holdings Inc. Bridge Loan 05-05-2017 Sr. Unsecured 1,650,000 0.0%
Teck Resources Ltd. Class B 41,545 1,325 1.8%
TELUS Corp. 20,672 898 1.2%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 40,788 54 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 24,279 30 0.0%
Tennessee Merger Sub Inc. Term Loan B 1st Lien F/R 01-12-2024 21,365 28 0.0%
The Bank of Nova Scotia 36,122 2,808 3.9%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 116,537 116 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 83,518 84 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 97,114 102 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 248,612 239 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 64,095 64 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 50,499 51 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 6,798 8 0.0%
The Toronto-Dominion Bank 41,974 2,828 3.9%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 138,873 136 0.2%
The Toronto-Dominion Bank 2.05% 12-01-2022 46,046 46 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 68,951 70 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 89,345 99 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 63,124 69 0.1%
Tourmaline Oil Corp. 13,170 401 0.5%
Toyota Credit Canada Inc. 2.20% 02-25-2021 70,893 72 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 29,370 37 0.1%
TransAlta Corp. 98,918 762 1.0%
TransAlta Corp. 5.00% 11-25-2020 60,211 63 0.1%
TransCanada Corp. 20,869 1,281 1.7%
TransCanada Corp. 4.00% Pfd. Series 7 328 7 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 278 6 0.0%
TransCanada Corp. Pfd. Series 15 4,977 127 0.2%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 93,229 97 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 33,990 35 0.0%
Trillium Windpower LP 5.803% 02-15-2033 47,444 54 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 81,576 82 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 83,518 87 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 279,688 378 0.5%
United States Treasury Inflation Indexed Bonds 0.75% 02-15-2045 83,518 106 0.1%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 46,919 61 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 15,150 16 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 12,625 13 0.0%
Vanguard Mid-Cap Value ETF 11,430 1,477 2.0%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 105,854 125 0.2%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 680 1 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 16,509 16 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 33,990 34 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 22,336 28 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 170,921 171 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 56,326 56 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 23,307 24 0.0%
Wells Fargo Canada Corp. 3.04% 01-29-2021 77,691 81 0.1%
West Fraser Timber Co. Ltd. 5,564 247 0.3%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 25,322 33 0.0%
WestJet Airlines Ltd. 33,028 725 1.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 30,105 40 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 24,279 24 0.0%
Total Investments -- 72,443 98.3%
Cash & Equivalents -- 1,354 1.8%
Currency Hedge Contracts -- 99 0.1%
Other Assets (Liabilities) -- -118 -0.2%
Total Net Assets -- 73,778 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of March 31, 2017
  • Regional Allocation
      Canada
    EQ : 69.9% | FI : 19.3%
    89.2%
      United States
    EQ : 1.2% | FI : 3.6%
    4.8%
      Other
    EQ : 2.1% | FI : 1.5%
    3.6%
      Denmark
    FI : 0.5%
    0.5%
      Australia
    FI : 0.4%
    0.4%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Fixed Income 24.8%
      Financials 23.3%
      Energy 12.6%
      Industrials 9%
      Materials 7.6%
      Consumer Staples 4.6%
      Consumer Discretionary 4.5%
      Utilities 3.9%
      Real Estate 3.1%
      Other 2.8%
      Telecommunication Serv. 2.3%
      Cash & Equivalents 1.5%
Credit Allocation (%)
AAA 4.7%
AA 4.3%
A 7.8%
BBB 4.8%
BB 0.9%
B 1.5%
C 0.1%
NR 1.2%
Cash & Equivalents 1.5%
Equities 73.1%

Other Canadian Balanced Funds

Portfolio Managers

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie All Cap Value Team

Investment experience since 1996

William Aldridge, MBA, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 2002

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Alain Bergeron, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Asset Allocation Team

Investment experience since 2000

Series I version of this fund is closed to new investments.

Effective September 29, 2016, Mackenzie Investments will no longer permit purchases of securities in Series O, O6, PWX, and PWX8  in the Corporate Class version of this fund.

Fund Risk Measures:
  • Annualized Standard Deviation: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the fund have historically been less volatile and vice-versa. Standard deviation is a measure of historical risk; future risk may be different.
  • Annualized Standard Deviation Benchmark: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the benchmark have historically been less volatile, and vice-versa.
  • Alpha: A measure of the difference between a portfolio's actual return and its expected return given its level of risk. Risk is measured by beta. A positive number indicates that it has performed better than beta would predict.
  • Beta: A measure of the tendency of the value of the fund and the value of the benchmark to move together. The market has a beta of 1. If beta of a fund is higher than 1, the movement in value compared to the benchmark tends to be amplified. A beta less than 1 means the movement in value tends to be dampened.
  • R2: A measure that represents the percentage of a fund's movements that can be attributed to movements of a benchmark index.
  • Sharpe Ratio: A measure of how much of a fund's excess return is achieved for a certain level of risk. The greater a fund's Sharpe Ratio, the higher the risk-adjusted returns.

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 blended index is composed of 70% S&P/TSX Composite Index and 30% FTSE TMX Canada Universe Bond Index.

†The major holdings of the Fund may, but do not necessarily, represent the largest holdings of the Fund. Rather, the major holdings are selected for their overall significance in evaluating the investment portfolio. Please see mackenzieinvestments.com/currency to view the funds/products using currency derivatives to hedge exchange risk.

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