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 July 31, 2017
Major holdings represent 37.6% of the fund.
View all holdings
Total # of
Equity Holdings
65
Holding name, country and sector Percentage of holding in fund
Toronto-Dominion Bank/The
Canada | Diversified Banks
7.3%
Royal Bank of Canada
Canada | Diversified Banks
6.3%
Bank of Nova Scotia/The
Canada | Diversified Banks
4.2%
Manulife Financial Corp
Canada | Life & Health Insurance
3.2%
Canadian Pacific Railway Ltd
Canada | Railroads
3.1%
SNC-Lavalin Group Inc
Canada | Construction & Engineering
3.1%
Bank of Montreal
Canada | Diversified Banks
2.8%
TELUS Corp
Canada | Integrated Telecomm. Services
2.7%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
2.5%
Crescent Point Energy Corp
Canada | Oil & Gas Exploration & Prod.
2.5%

Complete Fund Holdings Help Full holdings list

As of May 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Acadian Timber Corp. 388,300 7,040 0.6%
AG Growth International Inc. 136,350 7,930 0.7%
Alimentation Couche-Tard Inc. Class B Sub. voting 364,800 22,793 2.0%
Allied Properties Real Estate Investment Trust 237,688 9,092 0.8%
American Eagle Outfitters Inc. 151,000 2,345 0.2%
Amgen Inc. 101,800 21,345 1.9%
Apple Inc. 45,400 9,367 0.8%
Ares Capital Corp. 50,000 1,124 0.1%
Badger Daylighting Inc. 262,400 6,127 0.6%
Bank of Montreal 315,339 28,592 2.6%
BCE Inc. 446,944 27,357 2.5%
Boardwalk Real Estate Investment Trust 213,200 10,223 0.9%
Brookfield Asset Management Inc. Class A limited voting 377,000 19,280 1.7%
Brookfield Property Partners LP 789,959 23,722 2.1%
Canadian National Railway Co. 151,590 15,876 1.4%
Canadian Natural Resources Ltd. 644,200 25,085 2.3%
Canadian Pacific Railway Ltd. 171,350 36,621 3.3%
Capital Power Corp. 223,758 5,675 0.5%
Cardinal Health Inc. 133,400 13,385 1.2%
Chemtrade Logistics Income Fund 1,128,022 19,943 1.8%
Cineplex Inc. 212,600 10,879 1.0%
Cognizant Technology Solutions Corp. 136,500 12,336 1.1%
Corus Entertainment Inc. Class B non-voting 349,602 4,671 0.4%
Crescent Point Energy Corp. 1,995,546 23,388 2.1%
CT Real Estate Investment Trust 549,305 8,295 0.7%
DHX Media Ltd. 982,200 5,795 0.5%
Dick's Sporting Goods Inc. 118,200 6,566 0.6%
Dream Office Real Estate Investment Trust 215,979 4,302 0.4%
Enbridge Inc. 476,449 24,775 2.2%
Genworth MI Canada Inc. 103,925 3,178 0.3%
Goldcorp Inc. 930,812 17,099 1.5%
Industrial Alliance Insurance and Financial Services Inc. 124,000 6,201 0.6%
Intact Financial Corp. 215,191 19,965 1.8%
Intact Financial Corp. Subscription Receipts 50,000 4,578 0.4%
Loblaw Companies Ltd. 221,800 16,934 1.5%
Magna International Inc. 118,397 7,159 0.6%
Manulife Financial Corp. 1,318,218 30,754 2.8%
Medical Facilities Corp. 1,017,826 16,316 1.5%
Microsoft Corp. 41,700 3,934 0.4%
Northland Power Inc. 1,109,366 25,904 2.3%
Parkland Fuel Corp. Private Placement 135,000 3,808 0.3%
Parkland Fuel Corp. Subscription Receipt 150,000 4,680 0.4%
Pembina Pipeline Corp. 833,982 36,003 3.2%
Peyto Exploration & Development Corp. 622,820 15,253 1.4%
Pizza Pizza Royalty Corp. 542,069 9,324 0.8%
Potash Corp. of Saskatchewan Inc. 428,943 9,570 0.9%
Pure Industrial Real Estate Trust 1,540,000 10,426 0.9%
Quest Diagnostics Inc. 43,480 6,388 0.6%
Regions Financial Corp. 402,090 7,516 0.7%
Richards Packaging Income Fund 488,830 14,665 1.3%
Rogers Communications Inc. Class B non-voting 126,783 7,987 0.7%
Royal Bank of Canada 724,134 67,612 6.1%
SNC-Lavalin Group Inc. 490,600 25,428 2.3%
SNC-Lavalin Group Inc. Subscription Receipts 107,000 5,527 0.5%
Sun Life Financial Inc. 225,542 10,003 0.9%
Suncor Energy Inc. 475,859 20,119 1.8%
TELUS Corp. 640,973 29,446 2.6%
The Bank of Nova Scotia 585,255 44,608 4.0%
The Kroger Co. 324,300 13,044 1.2%
The North West Co. Inc. 271,650 8,769 0.8%
The Toronto-Dominion Bank 1,215,577 78,283 7.3%
TransAlta Corp. 390,073 2,972 0.3%
TransCanada Corp. 505,511 31,701 2.8%
Trisura Group Ltd. 2,217 46 0.0%
Wells Fargo & Co. 313,400 21,647 1.9%
Yamana Gold Inc. 3,000,595 10,502 0.9%
Total Investments -- 1,061,278 95.3%
Cash & Equivalents -- 49,337 4.4%
Other Assets (Liabilities) -- 2,930 0.3%
Total Net Assets -- 1,113,545 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2017
  • Regional Allocation
      Canada
    81.7%
      United States
    13.0%
      Cash & Equivalents 5.3%
  • Sector Allocation
      Financials 33%
      Energy 15.1%
      Industrials 8.5%
      Materials 6.7%
      Real Estate 6.1%
      Telecommunication Serv. 5.8%
      Cash & Equivalents 5.3%
      Consumer Staples 5.1%
      Health Care 4.5%
      Consumer Discretionary 4%
      Utilities 3.2%
      Information Technology 2.7%

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.