Fund Portfolio – Mackenzie Canadian All Cap Dividend Fund Series A MFC2945 MFC3665 MFC7182 MFC4128 | Mackenzie Investments

Mackenzie Canadian All Cap Dividend Fund Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2017
Major holdings represent 36.9% of the fund.
View all holdings
Total # of
Equity Holdings
66
Holding name, country and sector Percentage of holding in fund
Toronto-Dominion Bank/The
Canada | Diversified Banks
7.0%
Royal Bank of Canada
Canada | Diversified Banks
6.1%
Bank of Nova Scotia/The
Canada | Diversified Banks
4.0%
Canadian Pacific Railway Ltd
Canada | Railroads
3.3%
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
3.2%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
2.9%
Manulife Financial Corp
Canada | Life & Health Insurance
2.8%
TELUS Corp
Canada | Integrated Telecomm. Services
2.6%
Bank of Montreal
Canada | Diversified Banks
2.6%
BCE Inc
Canada | Integrated Telecomm. Services
2.5%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
AG Growth International Inc. 196,581 10,493 0.9%
ARC Resources Ltd. 832,844 16,490 1.5%
Acadian Timber Corp. 475,900 8,823 0.8%
Allied Properties Real Estate Investment Trust 237,688 8,324 0.7%
Amgen Inc. 78,700 18,455 1.6%
BCE Inc. 301,128 17,447 1.5%
Badger Daylighting Inc. 274,400 9,085 0.8%
Bank of Montreal 434,214 43,764 3.8%
Boardwalk Real Estate Investment Trust 238,200 10,593 0.9%
Boston Pizza Royalties Income Fund 340,200 7,821 0.7%
Brookfield Property Partners LP 779,638 23,467 2.1%
CT Real Estate Investment Trust 542,718 8,141 0.7%
Canadian National Railway Co. 200,860 18,551 1.6%
Canadian Natural Resources Ltd. 664,500 25,311 2.2%
Canadian Pacific Railway Ltd. 164,850 32,217 2.8%
Capital Power Corp. 273,758 6,904 0.6%
Cardinal Health Inc. 167,400 18,094 1.6%
Chemtrade Logistics Income Fund 733,422 13,414 1.2%
Chemtrade Logistics Income Fund Subscription Receipts 394,600 7,280 0.6%
Cineplex Inc. 234,600 11,742 1.0%
Corus Entertainment Inc. Class B non-voting 544,544 6,921 0.6%
Crescent Point Energy Corp. 1,539,246 22,488 2.0%
DH Corp. 778,430 17,756 1.6%
Dream Office Real Estate Investment Trust 265,979 4,982 0.4%
Enbridge Inc. 471,426 26,353 2.3%
Genworth MI Canada Inc. 123,925 4,702 0.4%
Goldcorp Inc. 792,268 16,677 1.5%
Hewlett Packard Enterprise Co. 575,576 17,447 1.5%
Intact Financial Corp. 213,753 20,127 1.8%
Loblaw Companies Ltd. 236,800 16,401 1.4%
Magna International Inc. 256,944 14,592 1.3%
Manulife Financial Corp. 1,595,617 37,864 3.3%
Medical Facilities Corp. 1,001,302 18,194 1.6%
Northland Power Inc. 1,037,577 25,379 2.2%
Parkland Fuel Corp. 121 3 0.0%
Parkland Fuel Corp. Subscription Receipt 150,000 4,050 0.4%
Pembina Pipeline Corp. 885,582 38,009 3.3%
Peyto Exploration & Development Corp. 622,820 16,928 1.5%
Pizza Pizza Royalty Corp. 542,069 9,649 0.8%
Potash Corp. of Saskatchewan Inc. 426,461 9,826 0.9%
Pure Industrial Real Estate Trust 1,540,000 9,209 0.8%
Quest Diagnostics Inc. 93,480 12,100 1.1%
Regions Financial Corp. 518,090 10,509 0.9%
Richards Packaging Income Fund 730,230 17,423 1.5%
Rogers Communications Inc. Class B non-voting 454,467 25,341 2.2%
Royal Bank of Canada 754,937 72,836 6.4%
SNC-Lavalin Group Inc. 402,500 21,771 1.9%
Sun Life Financial Inc. 283,107 13,646 1.2%
Suncor Energy Inc. 206,257 8,529 0.7%
TELUS Corp. 457,579 19,777 1.7%
The Bank of Nova Scotia 721,674 55,598 4.9%
The Kroger Co. 324,300 13,699 1.2%
The North West Co. Inc. 309,150 9,064 0.8%
The Toronto-Dominion Bank 1,207,584 82,671 7.6%
TransAlta Corp. 565,073 4,018 0.4%
TransCanada Corp. 458,655 28,005 2.5%
Vermilion Energy Inc. 114,951 5,806 0.5%
Wells Fargo & Co. 277,900 21,366 1.9%
Yamana Gold Inc. 2,995,466 10,993 1.0%
Total Investments -- 1,087,125 95.6%
Cash & Equivalents -- 45,170 4.0%
Other Assets (Liabilities) -- 4,948 0.4%
Total Net Assets -- 1,137,243 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2017
  • Regional Allocation
      Canada
    82.5%
      United States
    12.8%
      Cash & Equivalents 4.7%
  • Sector Allocation
      Financials 30.8%
      Energy 16.6%
      Industrials 8.8%
      Materials 7.1%
      Real Estate 5.9%
      Telecommunication Serv. 5.8%
      Consumer Staples 5.5%
      Health Care 5.2%
      Cash & Equivalents 4.7%
      Consumer Discretionary 4.2%
      Utilities 3.1%
      Information Technology 2.3%

Other Canadian Equity Funds

Portfolio Managers

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie All Cap Value Team

Investment experience since 1996

Note: Effective September 29, 2015, the foreign content limit will increase from 10 per cent to 30 per cent.

USD option is capped to new purchases.

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

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 85% S&P/TSX Composite Dividend Index and 15% S&P 500 Index. From Jan 1/2011 to Sep 30/2015, the benchmark was S&P/TSX Composite Dividend Index. Prior to Jan 1/2011, the benchmark was Scotia Capital Income Trust.

†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.