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 February 28, 2017
Major holdings represent 21.9% of the fund.
View all holdings
Total # of
Equity Holdings
64
Total # of
Fixed Income Holdings
235
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
3.8%
Royal Bank of Canada
Canada | Diversified Banks
3.8%
Toronto-Dominion Bank/The
Canada | Diversified Banks
3.6%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
3.5%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.1%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
1.3%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.7%
United States Treasury Inflation Indexed Bonds
United States | Foreign Governments
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 December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 42,196 41 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 46,783 45 0.1%
Agrium Inc. 6,329 854 1.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 65,129 69 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 11,925 13 0.0%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 68,798 71 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 60,542 65 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 21,199 1,291 1.9%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 42,013 43 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 47,700 49 0.1%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 10,641 11 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 22,015 32 0.0%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 60,542 83 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 25,685 34 0.0%
Antero Resources Corp. 5.625% 06-01-2023 Callable 2,293 3 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 7,338 10 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 69,715 93 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 79,806 83 0.1%
ARC Resources Ltd. 17,913 414 0.6%
Aretec Group Inc. 214 4 0.0%
Arrow Lakes Power Corp. 5.516% 04-05-2041 14,537 17 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 49,535 50 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 16,512 23 0.0%
Aviva PLC 4.50% 05-10-2021 33,023 35 0.1%
Bank of America Corp. 3.95% 04-21-2025 13,760 18 0.0%
Bank of Montreal 19,346 1,868 2.7%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 143,100 140 0.2%
Bank of Montreal 3.32% 06-01-2026 174,289 177 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 127,506 130 0.2%
Barrick Gold Corp. 35,260 758 1.1%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 68,798 71 0.1%
Bell Canada 4.70% 09-11-2023 Series MTN 55,039 61 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 25,685 34 0.0%
Boardwalk Real Estate Investment Trust 7,944 386 0.6%
BP Capital Markets PLC 3.497% 11-09-2020 76,137 80 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 77,971 81 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 78 2 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 1,861 48 0.1%
Brookfield Property Partners LP 27,224 798 1.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 52,287 51 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 145,852 148 0.2%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 22,933 31 0.0%
Bruce Power LP 2.844% 06-23-2021 76,137 77 0.1%
Bruce Power LP 3.969% 06-23-2026 22,933 24 0.0%
CAE Inc. 65,914 1,238 1.8%
Cameco Corp. 5.67% 09-02-2019 Series D 96,317 103 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 36,692 50 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 26,602 37 0.1%
Canaccord Genuity Group Inc. 55,048 263 0.4%
Canada Housing Trust 1.90% 09-15-2026 120,167 117 0.2%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 48,475 49 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 47,652 48 0.1%
Canadian Energy Services & Technology Corp. 58,925 451 0.7%
Canadian Imperial Bank of Commerce 17,754 1,945 2.8%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 59,625 60 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 187,131 191 0.3%
Canadian National Railway Co. 21,777 1,968 2.9%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 100,904 103 0.1%
Canadian Natural Resources Ltd. 34,766 1,488 2.2%
Canadian Pacific Railway Ltd. 6,816 1,306 1.9%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 16,512 17 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 35,775 38 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 6,180 861 1.2%
Canadian Western Bank 9,401 285 0.4%
Capital Power Corp. 29,483 685 1.0%
Cenovus Energy Inc. 22,907 465 0.7%
CHIP Mortgage Trust 2.33% 04-29-2020 19,263 19 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 22,933 23 0.0%
Choice Properties LP 3.60% 09-20-2021 58,708 61 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 118,333 123 0.2%
CI Financial Corp. 2.645% 12-07-2020 Callable 43,114 43 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 21,960 29 0.0%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 109,160 112 0.2%
City of Montreal 2.75% 09-01-2026 166,950 166 0.2%
Comber Wind Financial Corp. 5.132% 11-15-2030 126,825 137 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 103,656 106 0.2%
Cominar REIT 4.247% 05-23-2023 29,354 30 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 96,317 132 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 45,865 67 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 31,475 43 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 13,760 18 0.0%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 51,369 68 0.1%
Corus Entertainment Inc. Class B non-voting 13,273 167 0.2%
Crescent Point Energy Corp. 12,962 237 0.3%
Crombie Real Estate Investment Trust 2.775% 02-10-2020 8,256 8 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 72,467 71 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 57,275 78 0.1%
CT Real Estate Investment Trust 14,622 219 0.3%
CU Inc. 3.76% 11-19-2046 Callable 2046 25,685 26 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 42,196 42 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 19,263 26 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 45,865 62 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 21,528 27 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 36,692 50 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 24,767 25 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 6,421 9 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 12,842 18 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 12,842 19 0.0%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 67,881 90 0.1%
Dorel Industries Inc. Class B Sub. voting 6,133 238 0.3%
Dream Office Real Estate Investment Trust 28,085 549 0.8%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 20,181 25 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 45,865 46 0.1%
ECN Capital Corp. 172,014 568 0.8%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 71,380 94 0.1%
Empire Co. Ltd. Class A non-voting 27,354 430 0.6%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 108,242 105 0.2%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 10,090 11 0.0%
Enbridge Inc. 41,487 2,344 3.4%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 1,605 28 0.0%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 65,129 68 0.1%
EnCana Corp. 20,268 319 0.5%
Equitable Bank 1.52% 05-01-2021 126,496 125 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 42,196 44 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 41,279 42 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 83,475 94 0.1%
First National Financial Group Corp. 2.29% 07-01-2018 3,705 4 0.0%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 41,004 55 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 16,512 22 0.0%
Fortified Trust 1.67% 07-23-2021 67,881 67 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 32,106 32 0.0%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 31,188 33 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 43,891 31 0.0%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 20,181 28 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 33,940 38 0.1%
Futures Contracts 31 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 18,870 25 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 116,974 112 0.2%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 62,377 62 0.1%
Genesis Trust II 1.699% 04-15-2020 59,625 60 0.1%
Genworth MI Canada Inc. 16,660 561 0.8%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 23,850 35 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 33,023 35 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 36,692 49 0.1%
Goldcorp Inc. 32,659 597 0.9%
Government of Bermuda 4.854% 02-06-2024 156,860 220 0.3%
Government of Canada 1.25% 12-01-2047 Real Return 413,706 525 0.8%
Government of Canada 2.75% 12-01-2048 797,325 876 1.3%
Government of Portugal 5.125% 10-15-2024 78,889 104 0.2%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 51,369 53 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 43,114 43 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 32,106 34 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 57,362 75 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 49,535 49 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 6,421 7 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 44,948 46 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 73,385 75 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 50,452 51 0.1%
Honda Canada Finance Inc. 2.155% 02-18-2021 54,121 55 0.1%
HSBC Bank Canada 2.449% 01-29-2021 36,692 37 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 63,294 63 0.1%
Hydro One Inc. 3.72% 11-18-2047 22,015 22 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 52,287 53 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 45,865 52 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 64,212 91 0.1%
Industrial Alliance Insurance and Financial Services Inc. 15,434 824 1.2%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 93,565 94 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 22,015 22 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 34,480 47 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 1,743 1 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 11,925 13 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 12,842 17 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 1,376 1 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 81,640 81 0.1%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 53,204 54 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 16,512 17 0.0%
International Finance Corp. 3.625% 05-20-2020 76,137 72 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 93,127 120 0.2%
JPMorgan Chase & Co. 3.19% 03-05-2021 68,798 71 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 17,888 24 0.0%
Kinross Gold Corp. 31,620 132 0.2%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 51,369 69 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 27,886 38 0.1%
Linamar Corp. 9,199 531 0.8%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 20,181 27 0.0%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 41,712 39 0.1%
Loblaw Companies Ltd. 13,796 977 1.4%
Lower Mattagami Energy LP 2.31% 10-21-2026 9,173 9 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 32,106 34 0.0%
Mackenzie Global Tactical Bond Fund Series R 29,403 288 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 20,343 207 0.3%
Magna International Inc. 18,620 1,086 1.6%
Manulife Bank of Canada 1.915% 09-01-2021 61,460 61 0.1%
Manulife Financial Corp. 57,541 1,376 2.0%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 22,015 30 0.0%
MCAP Commercial LP 3.955% 03-11-2019 50,452 50 0.1%
MCAP Services Corp. 1.85% 03-01-2018 22,909 23 0.0%
Merrill Lynch 1.30% 08-01-2021 127,194 125 0.2%
Merrill Lynch 1.37% 11-01-2021 101,475 100 0.1%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 48,553 48 0.1%
Methanex Corp. 6,605 389 0.6%
Metropolitan Life Global Funding I 3.107% 04-16-2021 19,263 20 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 52,287 52 0.1%
MPLX LP 4.5% 07-15-2023 11,925 16 0.0%
National Bank of Canada 2.105% 03-18-2022 144,017 144 0.2%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 155,942 179 0.3%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 1,300,000 0.0%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 13,760 14 0.0%
North Battleford Power LP 4.958% 12-31-2032 54,579 60 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 35,775 48 0.1%
Northland Power Inc. 40,743 949 1.4%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 52,195 67 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 26,602 37 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 18,346 25 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 36,692 42 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 1,200,757 237 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 105,491 82 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 28,437 37 0.1%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 34,858 34 0.0%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 66,964 68 0.1%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 8,256 9 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 24,767 26 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 48,617 49 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 141,266 147 0.2%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 17,857 24 0.0%
Potash Corp. of Saskatchewan Inc. 43,901 1,066 1.5%
Precision Drilling Corp. 35,151 257 0.4%
Province of Alberta 3.30% 12-01-2046 265,102 265 0.4%
Province of British Columbia 2.80% 06-18-2048 195,937 183 0.3%
Province of Manitoba 2.85% 09-05-2046 215,568 194 0.3%
Province of Ontario 0% 06-02-2024 231,162 192 0.3%
Province of Ontario 0% 06-02-2026 90,814 70 0.1%
Province of Ontario 2.40% 06-02-2026 58,708 58 0.1%
Province of Ontario 2.80% 06-02-2048 15,594 14 0.0%
Province of Ontario 2.90% 12-02-2046 642,116 602 0.9%
Province of Quebec 0% 04-01-2026 97,235 75 0.1%
Province of Quebec 2.50% 09-01-2026 542,129 542 0.8%
Province of Quebec 3.50% 12-01-2045 939,324 981 1.4%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 19,263 19 0.0%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 37,610 51 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 2,752 3 0.0%
Reliance LP 3.813% 09-15-2020 44,031 44 0.1%
Reliance LP 5.187% 03-15-2019 128,423 134 0.2%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 119,250 134 0.2%
Rogers Communications Inc. Class B non-voting 13,026 675 1.0%
Royal Bank of Canada 26,207 2,381 3.5%
Royal Bank of Canada 1.583% 09-13-2021 77,971 76 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 52,287 52 0.1%
Royal Bank of Canada 3.31% 01-20-2026 168,785 171 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 25,685 34 0.0%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 17,429 17 0.0%
Savanna Energy Services Corp. 33,394 70 0.1%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 65,925 64 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 16,512 23 0.0%
ShawCor Ltd. 15,191 544 0.8%
SNC-Lavalin Group Inc. 10,338 597 0.9%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 51,369 55 0.1%
Spy Hill Power LP 4.14% 03-31-2036 42,026 43 0.1%
Sun Life Financial Inc. 23,881 1,231 1.8%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 84,392 87 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 62,377 63 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 113,746 115 0.2%
Suncor Energy Inc. 11,381 500 0.7%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 19,263 26 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 70,633 93 0.1%
TD Capital Trust IV 6.631% 06-30-2021 Callable 2021 29,354 34 0.0%
TD Securities Inc. 1.45% 12-01-2021 38,527 38 0.1%
Teck Resources Ltd. Class B 37,481 1,007 1.5%
TELUS Corp. 18,461 789 1.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 43,114 54 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 22,933 27 0.0%
The Bank of Nova Scotia 32,587 2,437 3.6%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 110,077 109 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 78,889 80 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 91,731 96 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 234,831 220 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 60,542 61 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 47,700 48 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 6,421 8 0.0%
The Toronto-Dominion Bank 37,868 2,509 3.7%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 131,175 128 0.2%
The Toronto-Dominion Bank 2.05% 12-01-2022 43,761 44 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 101,821 103 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 47,700 52 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 59,625 65 0.1%
Tourmaline Oil Corp. 11,880 427 0.6%
Toyota Credit Canada Inc. 2.20% 02-25-2021 66,964 68 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 27,742 37 0.1%
TransAlta Corp. 89,243 663 1.0%
TransAlta Corp. 5.00% 11-25-2020 56,873 58 0.1%
TransCanada Corp. 18,831 1,140 1.7%
TransCanada Corp. 4.00% Pfd. Series 7 310 6 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 263 5 0.0%
TransCanada Corp. Pfd. Series 15 4,701 120 0.2%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 88,062 91 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 32,106 33 0.0%
Trillium Windpower LP 5.803% 02-15-2033 44,814 50 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 21,098 29 0.0%
Union Gas Ltd. 2.81% 06-01-2026 Callable 77,054 77 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 78,889 82 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 264,185 363 0.5%
United States Treasury Inflation Indexed Bonds 0.75% 02-15-2045 78,889 102 0.1%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 44,430 60 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 14,310 15 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 11,925 12 0.0%
Vanguard Mid-Cap Value ETF 10,311 1,346 2.0%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 99,987 124 0.2%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 5,504 6 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 15,594 16 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 32,106 33 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 21,098 27 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 161,446 161 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 53,204 52 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 22,015 23 0.0%
Wells Fargo Canada Corp. 3.04% 01-29-2021 73,385 76 0.1%
West Fraser Timber Co. Ltd. 5,017 241 0.3%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 32,026 43 0.1%
WestJet Airlines Ltd. 29,803 687 1.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 28,437 38 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 22,933 23 0.0%
Total Investments -- 67,580 97.9%
Cash & Equivalents -- 1,242 1.8%
Currency Hedge Contracts -- 6 0.0%
Other Assets (Liabilities) -- 196 0.3%
Total Net Assets -- 69,024 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 69.5% | FI : 19.5%
    89.0%
      United States
    EQ : 1.2% | FI : 4.1%
    5.3%
      Other
    EQ : 2.1% | FI : 1.5%
    3.6%
      Denmark
    FI : 0.5%
    0.5%
      Australia
    FI : 0.4%
    0.4%
      Cash & Equivalents 1.2%
  • Sector Allocation
      Fixed Income 25.6%
      Financials 24.1%
      Energy 12.5%
      Industrials 8.6%
      Materials 7.6%
      Consumer Discretionary 4.5%
      Consumer Staples 4.2%
      Utilities 3.7%
      Real Estate 2.9%
      Other 2.8%
      Telecommunication Serv. 2.3%
      Cash & Equivalents 1.2%
Credit Allocation (%)
AAA 5.5%
AA 4.2%
A 7.6%
BBB 5.4%
BB 0.8%
B 1.8%
C 0%
NR 1%
Cash & Equivalents 1.2%
Equities 72.5%

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 65% S&P/TSX Composite Index and 35% 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).