Fund Portfolio – Mackenzie Canadian All Cap Balanced Fund Series A MFC2014 MFC3023 MFC7207 MFC4188 | Mackenzie Investments

Mackenzie Canadian All Cap Balanced Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2017
Major holdings represent 21.2% of the fund.
View all holdings
Total # of
Equity Holdings
66
Total # of
Fixed Income Holdings
213
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
3.7%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
3.6%
Canadian National Railway Co.
Canada | Railroads
3.0%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.0%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
1.4%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.8%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial 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
0.7%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 Callable MTN 460,000 453 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 510,000 497 0.1%
Agrium Inc. 72,200 9,245 1.2%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 550,000 568 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 740,000 809 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 130,000 137 0.0%
Alimentation Couche-Tard Inc. 3.32% 11-01-2019 Callable 180,000 188 0.0%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 750,000 779 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 660,000 712 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 241,900 14,287 1.9%
Allied Properties REIT 3.748% 05-13-2020 Series A 520,000 541 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 458,000 476 0.1%
AltaGas Ltd. Pfd. Series K 27,200 681 0.1%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 586,000 583 0.1%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 690,000 0.0%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 660,000 896 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 280,000 361 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 760,000 1,027 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 870,000 910 0.1%
ARC Resources Ltd. 205,429 4,067 0.5%
Arrow Lakes Power Corp. 5.516% 04-05-2041 158,477 182 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 540,000 551 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 179,550 241 0.0%
Aviva PLC 4.50% 05-10-2021 360,000 387 0.1%
Bank of America Corp. 3.95% 04-21-2025 150,000 200 0.0%
Bank of Montreal 154,505 15,573 2.0%
Bank of Montreal 1.61% 10-28-2021 DPNT 1,560,000 1,547 0.2%
Bank of Montreal 3.32% 06-01-2026 1,900,000 1,965 0.3%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 1,140,000 1,179 0.2%
Barrick Gold Corp. 402,390 9,863 1.3%
Bell Canada 2.7% 02-27-2024 Callable 700,000 704 0.1%
Bell Canada 4.45% 02-27-2047 Callable 570,000 576 0.1%
Boardwalk Real Estate Investment Trust 90,700 4,033 0.5%
BP Capital Markets PLC 3.497% 11-09-2020 830,000 877 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 850,000 889 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 20,293 524 0.1%
Brookfield Property Partners LP 314,730 9,473 1.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 570,000 579 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 1,020,000 1,063 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 30,350 754 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 250,000 341 0.0%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 100,000 101 0.0%
Bruce Power LP 2.84% 06-23-2021 1,250,000 1,286 0.2%
Bruce Power LP 3.97% 06-23-2026 250,000 264 0.0%
CAE Inc. 755,526 15,073 2.0%
Caisse Centrale Desjardins 2.09% 01-17-2022 890,000 900 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 1,050,000 1,129 0.1%
Canaccord Genuity Group Inc. 628,300 3,456 0.5%
Canada Housing Trust No. 1 1.90% 09-15-2026 140,000 137 0.0%
Canada Housing Trust No. 1 2.35% 06-15-2027 720,000 728 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 505,930 511 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 518,168 521 0.1%
Canadian Energy Services & Technology Corp. 672,468 5,037 0.7%
Canadian Imperial Bank of Commerce 204,825 23,885 3.1%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 900,000 905 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 650,000 656 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 2,040,000 2,113 0.3%
Canadian National Railway Co. 223,200 20,615 2.7%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 1,100,000 1,137 0.1%
Canadian Natural Resources Ltd. 396,800 15,114 2.0%
Canadian Pacific Railway Ltd. 77,800 15,204 2.0%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 180,000 185 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 390,000 416 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 70,572 10,748 1.4%
Canadian Western Bank 108,051 3,178 0.4%
Capital Power Corp. 336,506 8,487 1.1%
Cenovus Energy Inc. 262,034 4,402 0.6%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 740,000 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 210,000 209 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 250,000 250 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 1,290,000 1,371 0.2%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 238,800 320 0.0%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 1,190,000 1,245 0.2%
City of Montreal 2.75% 09-01-2026 1,820,000 1,829 0.2%
Comber Wind Financial Corp. 5.132% 11-15-2030 1,358,000 1,484 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 1,130,000 1,159 0.2%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 320,000 328 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 525,000 696 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 500,000 698 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 342,267 457 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 149,616 199 0.0%
Corus Entertainment Inc. Class B non-voting 153,692 1,953 0.3%
Crescent Point Energy Corp. 147,900 2,161 0.3%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 790,000 796 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 624,376 844 0.1%
CT Real Estate Investment Trust 168,217 2,523 0.3%
CU Inc. 3.76% 11-19-2046 Callable 2046 280,000 281 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 460,000 465 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 210,000 282 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 672 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 234,686 300 0.0%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 399,000 534 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 270,000 273 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 70,000 98 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 140,000 201 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 140,000 205 0.0%
Dorel Industries Inc. Class B Sub. voting 43,439 1,520 0.2%
Dream Office Real Estate Investment Trust 320,567 6,004 0.8%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 220,000 275 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 500,000 508 0.1%
ECN Capital Corp. 1,963,200 6,950 0.9%
Empire Co. Ltd. Class A non-voting 422,492 7,068 0.9%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 110,000 116 0.0%
Enbridge Inc. 473,464 26,467 3.5%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 17,540 317 0.0%
Enbridge Inc. 4.24% 08-27-2042 550,000 526 0.1%
EnCana Corp. 231,627 3,410 0.4%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 450,000 457 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 450,000 461 0.1%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 460,000 488 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 450,000 475 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 910,000 1,045 0.1%
First National Financial Group Corp. 2.29% 07-01-2018 39,595 40 0.0%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 179,550 239 0.0%
Fortified Trust 1.67% 07-23-2021 740,000 737 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 340,000 362 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 477,244 444 0.1%
Freshii Inc. 105,655 1,545 0.2%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 230,000 293 0.0%
Futures Contracts -111 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 205,714 272 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 1,271,902 1,221 0.2%
Genesis Trust II 1.699% 04-15-2020 650,000 654 0.1%
Genworth MI Canada Inc. 157,217 5,965 0.8%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 360,000 376 0.0%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 400,000 511 0.1%
Goldcorp Inc. 372,727 7,846 1.0%
Government of Bermuda 4.854% 02-06-2024 1,710,000 2,395 0.3%
Government of Canada 1.00% 06-01-2027 660,000 614 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 4,510,000 5,543 0.7%
Government of Canada 2.75% 12-01-2048 4,110,000 4,487 0.6%
Government of Canada 3.50% 12-01-2045 4,150,000 5,117 0.7%
Government of Portugal 5.125% 10-15-2024 860,000 1,109 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 560,000 581 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 560,000 575 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 350,000 367 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 625,328 812 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 540,000 543 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 480,000 484 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 70,000 83 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 490,000 513 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 430,000 444 0.1%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 94,286 126 0.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 235,714 316 0.0%
Hollis Receivables Term Trust II 1.788% 02-26-2020 550,000 555 0.1%
Honda Canada Finance Inc. 2.155% 02-18-2021 590,000 598 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 350,000 354 0.0%
HSBC Bank Canada 2.449% 01-29-2021 400,000 410 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 690,000 703 0.1%
Hydro One Inc. 3.72% 11-18-2047 240,000 239 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 570,000 584 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 500,000 567 0.1%
Industrial Alliance Insurance and Financial Services Inc. 176,148 9,711 1.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 370,000 376 0.0%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 260,000 346 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 374,941 499 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 140,000 185 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 670,000 688 0.1%
International Finance Corp. 3.625% 05-20-2020 830,000 808 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 1,012,632 1,307 0.2%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 950 74 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 360,000 480 0.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 760,000 795 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 195,000 261 0.0%
Kinross Gold Corp. 360,900 1,689 0.2%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 558,210 742 0.1%
Linamar Corp. 104,987 6,192 0.8%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 453,550 433 0.1%
Loblaw Companies Ltd. 157,500 10,908 1.4%
Lower Mattagami Energy LP 2.31% 10-21-2026 100,000 97 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 350,000 377 0.0%
Mackenzie Global Tactical Bond Fund Series R 320,535 3,155 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 221,767 2,288 0.3%
Magna International Inc. 212,490 12,067 1.6%
Manulife Bank of Canada 1.92% 09-01-2021 670,000 668 0.1%
Manulife Financial Corp. 656,685 15,583 2.0%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 240,000 329 0.0%
MCAP Services Corp. 1.85% 03-01-2018 226,989 228 0.0%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 1,372,253 1,361 0.2%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 3,295,102 3,267 0.4%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 521,675 520 0.1%
Methanex Corp. 59,200 4,007 0.5%
Metropolitan Life Global Funding I 3.11% 04-16-2021 210,000 220 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 570,000 572 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 790,000 797 0.1%
National Bank of Canada 2.105% 03-18-2022 1,570,000 1,586 0.2%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 1,700,000 1,964 0.3%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 150,000 150 0.0%
North Battleford Power LP 4.958% 12-31-2032 585,299 655 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 390,000 517 0.1%
Northland Power Inc. 468,545 11,461 1.5%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 565,300 745 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 200,000 275 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 400,000 468 0.1%
Nykredit Realkredit AS 1.00% 01-01-2021 13,090,000 2,580 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 1,150,000 674 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 310,000 412 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 730,000 753 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 420,000 428 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 270,000 285 0.0%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 259,000 262 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 530,000 548 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 1,540,000 1,641 0.2%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 189,417 254 0.0%
Potash Corp. of Saskatchewan Inc. 503,647 11,604 1.5%
Precision Drilling Corp. 401,200 2,724 0.4%
Province of Alberta 3.30% 12-01-2046 2,890,000 2,876 0.4%
Province of British Columbia 2.30% 06-18-2026 170,000 170 0.0%
Province of British Columbia 2.80% 06-18-2048 3,366,000 3,122 0.4%
Province of Manitoba 2.85% 09-05-2046 2,350,000 2,113 0.3%
Province Of Manitoba 3.40% 09-05-2048 2,430,000 2,446 0.3%
Province Of Onatrio 2.60% 06-02-2027 330,000 332 0.0%
Province of Ontario 0% 06-02-2026 990,000 775 0.1%
Province of Ontario 2.90% 12-02-2046 4,950,000 4,619 0.6%
Province of Ontario F/R 10-27-2021 3,450,000 3,446 0.5%
Province of Quebec 0% 04-01-2026 1,060,000 831 0.1%
Province Of Quebec 2.75% 09-01-2027 3,910,000 3,985 0.5%
Province of Quebec 3.50% 12-01-2045 9,800,000 10,191 1.3%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 210,000 210 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 205,000 279 0.0%
Reliance LP 3.813% 09-15-2020 480,000 488 0.1%
Reliance LP 5.187% 03-15-2019 1,400,000 1,462 0.2%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 260,000 349 0.0%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 130,000 132 0.0%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 700,000 790 0.1%
Rogers Communications Inc. Class B non-voting 150,006 8,364 1.1%
Royal Bank of Canada 301,579 29,096 3.8%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 850,000 841 0.1%
Royal Bank of Canada 3.31% 01-20-2026 2,410,000 2,488 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 280,000 374 0.0%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 190,000 193 0.0%
Savanna Energy Services Corp. 364,046 688 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 718,674 702 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 179,550 243 0.0%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 180,000 240 0.0%
ShawCor Ltd. 173,400 6,138 0.8%
SNC-Lavalin Group Inc. 118,000 6,383 0.8%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 580,000 716 0.1%
Spy Hill Power LP 4.14% 03-31-2036 458,140 474 0.1%
Sun Life Financial Inc. 274,777 13,244 1.7%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 920,000 954 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,090,000 1,116 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 1,240,000 1,263 0.2%
Suncor Energy Inc. 130,799 5,409 0.7%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 140,000 142 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 770,000 1,017 0.1%
TD Capital Trust IV 6.631% 06-30-2021 Callable 2021 320,000 372 0.0%
TD Securities Inc. 1.45% 12-01-2021 415,518 413 0.1%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 220,000 292 0.0%
Teck Resources Ltd. Class B 378,500 10,049 1.3%
TELUS Corp. 212,866 9,200 1.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 250,000 329 0.0%
The Bank of Nova Scotia 375,315 28,914 5.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,200,000 1,203 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 860,000 873 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 1,000,000 1,053 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 2,560,000 2,474 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 660,000 668 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 520,000 532 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 70,000 88 0.0%
The Toronto-Dominion Bank 400,756 27,436 3.6%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 1,430,000 1,412 0.2%
The Toronto-Dominion Bank 2.05% 12-01-2022 471,213 475 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 710,000 725 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 920,000 1,037 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 650,000 715 0.1%
Tourmaline Oil Corp. 135,613 3,987 0.5%
Toyota Canada Credit Inc. 2.02% 02-28-2022 600,000 602 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 730,000 742 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 302,425 390 0.1%
TransAlta Corp. 1,018,574 7,242 0.9%
TransAlta Corp. 5.00% 11-25-2020 620,000 652 0.1%
TransAlta Corp. Pfd. Series A 25,330 332 0.0%
TransCanada Corp. 216,773 13,236 1.7%
TransCanada Corp. 4.00% Pfd. Series 7 3,382 74 0.0%
TransCanada Corp. Pfd. Series 15 51,250 1,319 0.2%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 960,000 1,013 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 350,000 361 0.0%
Trillium Windpower LP 5.803% 02-15-2033 481,183 561 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 840,000 853 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 860,000 903 0.1%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 3,740,000 5,237 0.7%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 483,129 644 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 156,000 176 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 130,000 135 0.0%
Vanguard Mid-Cap Value ETF 117,700 16,046 2.1%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,090,000 1,331 0.2%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 7,000 7 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 170,000 185 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 350,000 362 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 230,000 295 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,760,000 1,774 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 580,000 578 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 240,000 252 0.0%
Wells Fargo Canada Corp. 3.04% 01-29-2021 800,000 838 0.1%
West Fraser Timber Co. Ltd. 57,295 3,159 0.4%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 260,750 348 0.0%
WestJet Airlines Ltd. 381,200 8,310 1.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 210,000 283 0.0%
WTH Car Rental ULC 1.912% 07-20-2020 250,000 246 0.0%
Total Investments -- 751,789 98.6%
Cash & Equivalents -- 6,221 0.8%
Currency Hedge Contracts -- -142 0.0%
Other Assets (Liabilities) -- 4,628 0.6%
Total Net Assets -- 762,496 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    EQ : 70.9% | FI : 18.2%
    89.1%
      United States
    EQ : 1.3% | FI : 3.7%
    5.0%
      Other
    EQ : 2.2% | FI : 1.5%
    3.7%
      Denmark
    FI : 0.5%
    0.5%
      Australia
    FI : 0.4%
    0.4%
      Cash & Equivalents 1.3%
  • Sector Allocation
      Fixed Income 23.5%
      Financials 23.1%
      Energy 12.4%
      Industrials 9.3%
      Materials 7.5%
      Consumer Staples 4.9%
      Consumer Discretionary 4.6%
      Other 4.2%
      Utilities 3.8%
      Real Estate 3.2%
      Index Participation Units 2.2%
      Cash & Equivalents 1.3%
Credit Allocation (%)
AAA 4.6%
AA 4.3%
A 7.6%
BBB 4.7%
BB 0.5%
B 1.3%
C 0.2%
NR 1.2%
Cash & Equivalents 1.3%
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

Konstantin Boehmer

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

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.

Investor Series Fund Code
Front End  MFC4143

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).