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 October 31, 2017
Major holdings represent 22.7% of the fund.
View all holdings
Total # of
Equity Holdings
69
Total # of
Fixed Income Holdings
350
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
4.1%
Royal Bank of Canada
Canada | Diversified Banks
4.0%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
3.6%
Toronto-Dominion Bank/The
Canada | Diversified Banks
3.3%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.1%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
1.5%
Province of Ontario 2.80% 06-02-2048
Canada | Provincial Governments
1.2%
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
0.7%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.6%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
0.6%

Complete Fund Holdings Help Full holdings list

As of August 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 54,948 56 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 46,706 47 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-28-2023 1,698 2 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 2,049 3 0.0%
Agrium Inc. 6,401 784 1.2%
AGT Food and Ingredients Inc. 10,724 276 0.4%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 32,053 32 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 50,369 53 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 67,769 73 0.1%
Alimentation Couche-Tard Inc. 3.06% 07-26-2024 Callable 2024 43,958 44 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 21,430 1,278 2.0%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 44,874 44 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 45,191 46 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 39,455 40 0.1%
AltaGas Ltd. Pfd. Series K 2,442 63 0.1%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 53,666 55 0.1%
Altice Financing SA 6.625% 02-15-2023 Callable 2018 8,195 11 0.0%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 1,229 1 0.0%
AMS FinCo SARL Term Loan 1st Lien F/R 05-17-2024 3,805 5 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 46,706 46 0.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 60,443 78 0.1%
Antero Resources Corp. 5.00% 03-01-2025 3,424 4 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 69,601 91 0.1%
ARC Resources Ltd. 18,249 299 0.5%
ArcelorMittal SA 5.13% 06-01-2020 2,341 3 0.0%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 [144A] 32,846 40 0.1%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 5,561 7 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 2,341 3 0.0%
Ardagh Packaging Finance PLC 2.75% 03-15-2024 Callable 2020 4,683 7 0.0%
Argentine Bonos del Tesoro 21.20% 09-19-2018 74,341 5 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 49,453 50 0.1%
Asian Development Bank 6.45% 08-08-2021 96,585 2 0.0%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 30,597 36 0.1%
AT&T Inc. 3.825% 11-25-2020 37,548 39 0.1%
Aviva PLC 4.50% 05-10-2021 32,969 35 0.1%
Bank of America Corp. 3.95% 04-21-2025 13,737 18 0.0%
Bank of America Corp. F/R 03-15-2023 Callable 2022 81,506 81 0.1%
Bank of Montreal 14,339 1,285 2.0%
Bank of Montreal 2.27% 07-11-2022 48,537 49 0.1%
Bank of Montreal 3.32% 06-01-2026 170,539 175 0.3%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 104,401 107 0.2%
Bank of Montreal F/R 06-01-2027 Callable 2022 73,264 72 0.1%
Barrick Gold Corp. 35,775 805 1.2%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 49,453 50 0.1%
Bell Canada 2.70% 02-27-2024 Callable 29,832 30 0.0%
Bell Canada 4.45% 02-27-2047 Callable 74,180 75 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 3,161 4 0.0%
Boardwalk Real Estate Investment Trust 15,962 645 1.0%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 Series NTNF 2,166 9 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 1,919 50 0.1%
Brookfield Property Partners LP 28,623 837 1.3%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 27,474 28 0.0%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 93,412 96 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 2,730 69 0.1%
Bruce Power LP 2.84% 06-23-2021 114,475 116 0.2%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 Series:17-1 38,464 39 0.1%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 8,546 14 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 1,288 2 0.0%
CAE Inc. 46,944 968 1.5%
Caisse Centrale Desjardins 2.09% 01-17-2022 63,625 63 0.1%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 2,107 1 0.0%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 1,346 2 0.0%
Calpine Corp. 6.00% 01-15-2022 Callable 2017 144A 1,463 2 0.0%
Cameco Corp. 5.67% 09-02-2019 Series D 96,159 101 0.2%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 1,168 1 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 7,054 10 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 06-29-2024 25,997 33 0.1%
Canaccord Genuity Group Inc. 55,653 262 0.4%
Canada Goose Inc. Term Loan 1st Lien F/R 08-14-2021 21,924 27 0.0%
Canada Housing Trust No. 1 2.40% 12-15-2022 307,709 315 0.5%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 42,980 43 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 30,884 31 0.0%
Canadian Imperial Bank 2.30% 07-11-2022 Series DPNT 86,085 86 0.1%
Canadian Imperial Bank of Commerce 18,616 1,954 3.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 183,419 188 0.3%
Canadian National Railway Co. 16,027 1,623 2.6%
Canadian National Railway Co. 3.60% 08-01-2047 Callable 2047 29,306 29 0.0%
Canadian Natural Resources Ltd. 35,139 1,353 2.2%
Canadian Pacific Railway Ltd. 6,887 1,338 2.1%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 30,221 30 0.0%
Canadian Tire Corp. Ltd. Class A non-voting 6,297 931 1.4%
Canadian Western Bank 9,737 282 0.4%
Canadian Western Bank 2.74% 06-16-2022 Series DPNT 17,400 17 0.0%
Capital Power Corp. 29,810 783 1.2%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 876 1 0.0%
Careerbuilder LLC Term Loan 1st Lien F/R 07-27-2023 25,023 31 0.0%
Carrizo Oil & Gas Inc. 6.25% 04-15-2023 Callable 2018 5,327 6 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 02-21-2024 2,919 4 0.0%
CD&R Waterworks Merger Sub LLC 6.13% 08-15-2025 Callable 2020 144A 8,305 11 0.0%
Cemex Finance LLC 6.00% 04-01-2024 Callable 2019 144A 2,283 3 0.0%
Cenovus Energy Inc. 23,413 229 0.4%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 740,000 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 3,805 5 0.0%
CES Energy Solutions Corp. 59,570 317 0.5%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 27,474 27 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 19,232 19 0.0%
CHIP Mortgage Trust 2.98% 11-15-2021 22,895 23 0.0%
CHS/Community Health Systems Inc. 5.13% 08-01-2021 2,810 4 0.0%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 2,749 3 0.0%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 108,980 113 0.2%
Coca Cola Femsa SAB de CV 3.88% 11-26-2023 4,683 6 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 144A 2,634 3 0.0%
Colbun SA 4.50% 07-10-2024 Callable 2024 2,576 3 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 120,713 131 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 29,390 38 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 68,396 93 0.1%
Communications Sales & Leasing Inc. 7.13% 12-15-2024 Callable 2019 144A 3,805 4 0.0%
Communications Sales & Leasing Inc. 8.25% 10-15-2023 Callable 2019 1,580 2 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 32,356 39 0.1%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 4,244 5 0.0%
Constellium NV 6.63% 03-01-2025 Callable 2020 144A 1,463 2 0.0%
Constellium NV 8.00% 01-15-2023 Callable 2018 144A 3,512 5 0.0%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-02-2024 3,666 5 0.0%
Corus Entertainment Inc. Class B non-voting 14,306 197 0.3%
Crescent Point Energy Corp. 25,725 220 0.3%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 72,348 74 0.1%
CSM NV Term Loan B F/R 07-03-2020 2,062 2 0.0%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 56,887 71 0.1%
CT Real Estate Investment Trust 15,271 213 0.3%
CU Inc. 3.76% 11-19-2046 Callable 2046 25,642 26 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 4,098 5 0.0%
Danske Bank AS 2.75% 09-17-2020 144A 19,232 25 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 45,790 58 0.1%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 16,535 21 0.0%
DHX Media Ltd. Special Warrants Exp. 10-30-2017 4 4 0.0%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-22-2023 4,215 5 0.0%
Diamond (BC) BV Term Loan 1st Lien F/R 07-25-2024 1,698 2 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 6,411 8 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 12,821 18 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 12,821 18 0.0%
Dorel Industries Inc. Class B Sub. voting 4,033 115 0.2%
Dream Office Real Estate Investment Trust 28,396 607 0.9%
Dynegy Inc. 7.38% 11-01-2022 Callable 2018 2,927 4 0.0%
Dynegy Inc. 8.13% 01-30-2026 Callable 2020 144A 1,580 2 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 45,790 46 0.1%
ECN Capital Corp. 237,018 896 1.4%
Empire Co. Ltd. Class A non-voting 41,311 867 1.3%
Enbridge Inc. 42,921 2,144 3.4%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 23,811 23 0.0%
Enbridge Inc. 4.24% 08-27-2042 40,295 38 0.1%
Enbridge Inc. 4.57% 03-11-2044 78,759 78 0.1%
EnCana Corp. 20,582 240 0.4%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 41,211 42 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 41,211 42 0.1%
European Bank for Reconstruction & Development 6.00% 05-04-2020 573,656 11 0.0%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 41,211 50 0.1%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.625% 08-15-2026 Callable 2021 144A 6,410 8 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 3,863 4 0.0%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 41,211 43 0.1%
Fiat Chrysler Automobiles NV 5.25% 04-15-2023 2,341 3 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 2,634 3 0.0%
Fortified Trust 1.67% 07-23-2021 67,769 67 0.1%
Fortis Inc. 22,273 1,018 1.6%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 1,168 1 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 4,683 6 0.0%
Freshii Inc. 14,502 135 0.2%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 9,834 10 0.0%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-01-2024 30,656 37 0.1%
Futures Contracts -4 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-03-2024 99,438 112 0.2%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 6,498 8 0.0%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 1,171 1 0.0%
General Electric Co. 8.35% 09-03-2022 28,097 2 0.0%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 32,969 32 0.0%
Genworth MI Canada Inc. 8,941 322 0.5%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 2,341 3 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 4,507 5 0.0%
Glacier Credit Card Trust 2.05% 09-20-2022 56,780 56 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 01-06-2023 21,750 26 0.0%
Goldcorp Inc. 33,106 568 0.9%
Government of Canada 1.25% 12-01-2047 Real Return 339,762 417 0.6%
Government of Canada 2.75% 12-01-2048 21,979 24 0.0%
Government of Canada 3.50% 12-01-2045 380,057 476 0.7%
Government of Mexico 10.00% 12-05-2024 178,536 15 0.0%
Government of Portugal 5.125% 10-15-2024 78,759 102 0.2%
Government of Turkey 11.00% 02-24-2027 41,385 16 0.0%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 72,665 73 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 5,971 6 0.0%
Green Plains Inc. Term Loan B 1st Lien F/R 08-08-2023 14,636 18 0.0%
Greenlight Merger Corp. Term Loan B 1st Lien F/R 05-24-2024 4,098 5 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 57,221 60 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 47,023 47 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 43,958 44 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 2,341 3 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 44,874 46 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 39,379 40 0.1%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 28,112 35 0.1%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 2,046 3 0.0%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 2,312 3 0.0%
HSBC Bank of Canada 2.17% 06-29-2022 DPNT 137,370 136 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 63,190 64 0.1%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 306 5 0.0%
Hydro One Inc. 3.72% 11-18-2047 67,769 69 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 52,201 55 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 27,833 35 0.1%
Industrial Alliance Insurance and Financial Services Inc. 14,082 755 1.2%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 27,839 32 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 59,527 59 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 61,359 62 0.1%
Intergen NV 7.00% 06-30-2023 Callable Series 144A 3,278 4 0.0%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 24,017 30 0.0%
International Finance Corp. 3.625% 05-20-2020 76,011 70 0.1%
International Finance Corp. 6.30% 11-25-2024 731,704 15 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 96,350 120 0.2%
Iron Mountain Inc. 3.00% 01-15-2025 Callable 2020 3,219 5 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 01-19-2018 44 5 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03/16/18 9 2 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-15-2017 15 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 11/17/17 9 1 0.0%
Jaguar Land Rover Automotive PLC 4.25% 11-15-2019 144A 2,341 3 0.0%
Jamieson Wellness Inc. 11,071 209 0.3%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-10-2022 16,643 21 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 4,087 5 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 2017 2,341 3 0.0%
JPMorgan Chase & Co. 3.19% 03-05-2021 45,790 47 0.1%
JPW Industries Bridge Loan 10-28-2017 1,860,000 0.0%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 34,942 44 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-10-2024 4,098 5 0.0%
Kinross Gold Corp. 77,632 442 0.7%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 866 1 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 19,709 25 0.0%
Laurentian Bank of Canada 1.35% 03-01-2022 97508706 0 0.0%
LBM Borrower LLC. Term Loan 1st Lien F/R 08-20-2022 44,021 55 0.1%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 1,163 1 0.0%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 4,683 6 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-17-2022 12,570 16 0.0%
Linamar Corp. 6,455 449 0.7%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 876 1 0.0%
Loblaw Companies Ltd. 14,827 1,004 1.6%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 1,405 1 0.0%
Magna International Inc. 8,174 491 0.8%
Manulife Bank of Canada 1.92% 09-01-2021 61,359 60 0.1%
Manulife Bank of Canada 2.08% 05-26-2022 50,369 50 0.1%
Manulife Financial Corp. 49,627 1,217 1.9%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 53,116 53 0.1%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 2,868 4 0.0%
McDonald Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 07-06-2024 1,346 2 0.0%
MEG Energy Corp. 6.375% 01-30-2023 Callable 2017 144A 5,619 6 0.0%
Methanex Corp. 5,321 340 0.5%
Mexican Bonos 5.00% 12-11-2019 147,084 10 0.0%
Mexican Bonos 7.75% 11-13-2042 Series M 118,243 9 0.0%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 23,122 10 0.0%
Mexican Udibonos Inflation Linked Bonds 4.00% 11-15-2040 10,185 4 0.0%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 70,892 71 0.1%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 584 1 0.0%
National Bank of Canada 1.96% 06-30-2022 163,928 162 0.3%
NAVEX Global Inc. Term Loan B 1st Lien F/R 11-19-2021 1,752 2 0.0%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 1,463 2 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 19,232 19 0.0%
Nokia OYJ 3.38% 06-12-2022 1,054 1 0.0%
Nokia OYJ 5.38% 05-15-2019 3,998 5 0.0%
North Battleford Power LP 4.958% 12-31-2032 52,790 59 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 36,632 36 0.1%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 24,727 25 0.0%
Northland Power Inc. 45,506 1,090 1.7%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 12,527 16 0.0%
Nykredit Realkredit AS 1.00% 01-01-2021 1,198,782 249 0.4%
Odebrecht Finance Ltd. 5.25% 06-27-2029 76,927 38 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 28,390 37 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 38,464 39 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 8,078 8 0.0%
PBF Holding Co. 7.00% 11-15-2023 3,219 4 0.0%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 23,719 24 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 20,465 21 0.0%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 141,033 147 0.2%
Penske Automotive Group Inc. 3.75% 08-15-2020 2,166 3 0.0%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 26,558 26 0.0%
Petrobras Global Finance BV 7.38% 01-17-2027 4,683 6 0.0%
Petroleos Mexicanos 4.63% 09-21-2023 4,683 6 0.0%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 11,541 13 0.0%
PetSmart Inc. 7.13% 03-15-2023 Callable 2018 144A 3,395 3 0.0%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 2,651 3 0.0%
Playa Resorts Holding BV 8.00% 08-15-2020 Callable 2017 144A 5,854 8 0.0%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 9,158 11 0.0%
Potash Corp. of Saskatchewan Inc. 45,158 981 1.5%
Precision Drilling Corp. 35,533 113 0.2%
Premier Foods Finance PLC 6.50% 03-15-2021 Callable 2017 3,980 7 0.0%
Province of Alberta 3.30% 12-01-2046 248,182 253 0.4%
Province of Manitoba 2.85% 09-05-2046 215,213 200 0.3%
Province of Manitoba 3.40% 09-05-2048 222,539 230 0.4%
Province of Ontario 2.40% 06-02-2026 151,107 150 0.2%
Province of Ontario 2.60% 06-02-2027 235,361 236 0.4%
Province of Ontario 2.80% 06-02-2048 706,998 667 1.0%
Province of Ontario 2.90% 12-02-2046 465,226 447 0.7%
Province of Quebec 2.75% 09-01-2027 133,707 136 0.2%
Province of Quebec 3.50% 12-01-2045 897,484 964 1.5%
Q Holding Co. Term Loan B 1st Lien F/R 12-18-2021 4,087 5 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 2,254 3 0.0%
Quad Graphics Inc. 7.00% 05-01-2022 2,927 4 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 144A 855 1 0.0%
Quinpario Acquisition Corp 2 B Term Loan 1st Lien F/R 06-30-2023 1,698 2 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 4,098 5 0.0%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 2,670,000 0.0%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 26,671 33 0.1%
Resolute Forest Products Inc. 5.875% 05-15-2023 6,205 8 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 2,341 3 0.0%
Rite Aid Corp. 6.125% 04-01-2023 Callable 2018 144A 4,800 6 0.0%
Rite Aid Corp. 7.70% 02-15-2027 3,980 5 0.0%
Robertshaw Holdings Corp. Term Loan 1st Lien F/R 08-02-2024 702 1 0.0%
Robertshaw Holdings Corp. Term Loan 2nd Lien F/R 02-02-2025 176 0.0%
Rogers Communications Inc. Class B non-voting 5,770 376 0.6%
Royal Bank of Canada 27,272 2,529 4.0%
Royal Bank of Canada 3.31% 01-20-2026 218,278 224 0.3%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 38,464 52 0.1%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 25,514 32 0.0%
Saputo Inc. 1.94% 06-13-2022 Callable 2022 25,642 25 0.0%
Scientific Games International Inc. 6.25% 09-01-2020 Callable 3,659 5 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 64,005 62 0.1%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 06-20-2024 4,931 6 0.0%
Shaw Communications Inc. Pfd Series A 148 2 0.0%
ShawCor Ltd. 17,757 451 0.7%
Sherritt International Corp. 7.50% 09-24-2023 Callable 2019 2,195 2 0.0%
Sherritt International Corp. 8.00% 11-15-2021 Callable 2017 3,951 3 0.0%
SNC-Lavalin Group Inc. 10,449 570 0.9%
Softbank Corp. 4.50% 04-15-2020 144A 3,512 5 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 585 1 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 10,771 12 0.0%
Source Energy Services Ltd. Private Placement 377 2 0.0%
Spy Hill Power LP 4.14% 03-31-2036 41,486 43 0.1%
Stantec Inc. 11,704 406 0.6%
STAPLES INC. BRIDGE LOAN 12/28/17 SR. UNSECURED 5,260,000 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 21,924 27 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 4,683 8 0.0%
Sun Life Financial Inc. 24,785 1,188 1.8%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 84,254 86 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 99,822 101 0.2%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 113,559 115 0.2%
Suncor Energy Inc. 7,529 295 0.5%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 6,615 7 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 75,082 96 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 3,102 3 0.0%
Team Health Holdings Inc. 6.38% 02-01-2025 Callable 2020 144A 2,341 3 0.0%
Teck Resources Ltd. Class B 28,243 878 1.4%
Telecom Italia SpA 5.303% 05-30-2024 144A 2,341 3 0.0%
Telesat Canada 8.88% 11-15-2024 Callable 2019 144A 1,288 2 0.0%
TELUS Corp. 19,303 873 1.4%
Telus Corp. 4.70% 03-06-2048 Callable 2047 51,285 53 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 2017 144A 6,146 8 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 3,688 5 0.0%
The Bank of Nova Scotia 33,969 2,640 4.2%
The Bank of Nova Scotia 1.83% 04-27-2022 99,822 98 0.2%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 109,356 108 0.2%
The Bank of Nova Scotia 2.29% 06-28-2024 17,400 17 0.0%
The Bank of Nova Scotia 2.58% 03-30-2027 Callable 2022 89,748 89 0.1%
The Bank of Nova Scotia 4.50% 12-16-2025 24,727 33 0.1%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 54,948 55 0.1%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 68,685 68 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 91,580 95 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 234,445 215 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 95,243 96 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 4,039 4 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 2017 144A 4,976 3 0.0%
The Toronto-Dominion Bank 30,412 2,040 3.3%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 83,714 82 0.1%
The Toronto-Dominion Bank 2.05% 12-01-2022 41,534 41 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 65,022 66 0.1%
The Toronto-Dominion Bank 4.86% 03-04-2031 Callable 2026 84,254 94 0.1%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 110,812 111 0.2%
Thomas Cook Group PLC 6.25% 06-15-2022 Callable 2019 4,683 8 0.0%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 59,527 64 0.1%
Tourmaline Oil Corp. 12,016 293 0.5%
TransAlta Corp. 90,753 696 1.1%
TransAlta Corp. Pfd. Series A 2,437 35 0.1%
TransCanada Corp. 19,621 1,244 1.9%
TransCanada Corp. Pfd. Series 15 4,777 124 0.2%
TransCanada Trust F/R 05-18-2077 Callable 2027 53,233 53 0.1%
Trillium Windpower LP 5.80% 02-15-2033 43,070 50 0.1%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 4,379 5 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 3,679 5 0.0%
United Group BV 4.38% 07-01-2022 Callable 2019 2,868 4 0.0%
Valeant Pharmaceuticals International Inc. 5.63% 12-01-2021 Callable 2017 144A 1,709 2 0.0%
Vanguard Mid-Cap Value ETF 10,422 1,345 2.2%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 44,874 44 0.1%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 99,822 117 0.2%
Vermilion Energy Inc. 5.63% 03-15-2025 Callable 2020 144A 2,693 3 0.0%
VFH Parent LLC Term Loan B 1st Lien F/R 12-30-2021 3,741 5 0.0%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 732 1 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 2,166 2 0.0%
VRX Escrow Corp. 5.375% 03-15-2020 Callable 2017 144A 2,576 3 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 4,273 4 0.0%
Wells Fargo & Co. 2.51% 10-27-2023 52,635 52 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 21,979 23 0.0%
Werner FinCo LP 8.75% 07-15-2025 Callable 2020 144A 8,305 10 0.0%
West Corp. Olympus Bridge Loan 02-07-2018 3,120,000 0.0%
West Fraser Timber Co. Ltd. 5,082 329 0.5%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-23-2023 1,698 2 0.0%
WestJet Airlines Ltd. 37,246 992 1.5%
WTH Car Rental ULC 1.912% 07-20-2020 22,895 23 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 1,522 2 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 16,643 21 0.0%
Total Investments -- 62,778 97.1%
Cash & Equivalents -- 702 1.1%
Currency Hedge Contracts -- 103 0.2%
Other Assets (Liabilities) -- 1,052 1.6%
Total Net Assets -- 64,635 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of October 31, 2017
  • Regional Allocation
      Canada
    EQ : 71.4% | FI : 17.5%
    88.9%
      United States
    EQ : 2.9% | FI : 4.0%
    6.9%
      Other
    FI : 1.4%
    1.4%
      New Zealand
    FI : 0.3%
    0.3%
      Australia
    FI : 0.3%
    0.3%
      Cash & Equivalents 2.2%
  • Sector Allocation
      Financials 24.4%
      Fixed Income 23.5%
      Energy 12.2%
      Industrials 8.8%
      Materials 7.4%
      Consumer Staples 6.1%
      Utilities 5.5%
      Real Estate 3.9%
      Consumer Discretionary 2.4%
      Cash & Equivalents 2.2%
      Telecommunication Serv. 2%
      Index Participation Units 1.6%
Credit Allocation (%)
AAA 3.4%
AA 6.5%
A 5.6%
BBB 4.4%
BB 0.8%
B 1.6%
CCC & Below 0.3%
NR 0.8%
Cash & Equivalents 2.2%
Equities 74.3%

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, MBA

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).