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 April 30, 2018
Major holdings represent 51.9% of the fund.
View all holdings
Total # of
Equity Holdings
53
Holding name, country and sector Percentage of holding in fund
Vanguard Value ETF
United States | Index Participation Units
9.7%
Toronto-Dominion Bank/The
Canada | Diversified Banks
7.4%
Bank of Nova Scotia/The
Canada | Diversified Banks
7.1%
Royal Bank of Canada
Canada | Diversified Banks
6.1%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
4.9%
Manulife Financial Corp
Canada | Life & Health Insurance
4.1%
SNC-Lavalin Group Inc
Canada | Construction & Engineering
3.5%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
3.3%
TELUS Corp
Canada | Integrated Telecomm. Services
3.0%
Alimentation Couche-Tard Inc
Canada | Food Retail
2.9%

Complete Fund Holdings Help Full holdings list

As of February 28, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Acadian Timber Corp. 300,600 5,826 0.6%
AG Growth International Inc. 83,728 4,687 0.5%
Alimentation Couche-Tard Inc. Class B Sub. voting 415,300 25,911 2.6%
Allied Properties Real Estate Investment Trust 237,688 9,855 1.0%
American Eagle Outfitters Inc. 151,000 3,734 0.4%
Amgen Inc. 38,800 9,150 0.9%
Bank of Montreal 281,241 27,404 2.7%
BCE Inc. 315,007 17,640 1.8%
Boardwalk Real Estate Investment Trust 264,600 12,055 1.2%
Brookfield Asset Management Inc. Class A limited voting 348,662 17,346 1.7%
Brookfield Property Partners LP 281,470 7,242 0.7%
Canadian National Railway Co. 214,400 21,286 2.1%
Canadian Natural Resources Ltd. 694,200 27,594 2.7%
Canadian Pacific Railway Ltd. 108,060 24,800 2.5%
Capital Power Corp. 223,758 5,303 0.5%
Cardinal Health Inc. 59,400 5,276 0.5%
Chemtrade Logistics Income Fund 1,073,022 17,716 1.8%
Cineplex Inc. 172,600 5,691 0.6%
Cognizant Technology Solutions Corp. 102,400 10,778 1.1%
Comcast Corp. Class A 160,400 7,454 0.7%
Crescent Point Energy Corp. 2,225,506 20,541 2.0%
CT Real Estate Investment Trust 570,766 7,420 0.7%
DHX Media Ltd. 995,123 3,921 0.4%
Dick's Sporting Goods Inc. 130,200 5,350 0.5%
Dream Office Real Estate Investment Trust 215,979 4,644 0.5%
DXC Technology Co. 39,400 5,185 0.5%
Enbridge Inc. 1,193,393 48,702 4.9%
Entertainment One Ltd. Private Placement 503,445 2,655 0.3%
Fortis Inc. 189,500 7,946 0.8%
Goldcorp Inc. 935,299 15,021 1.5%
Industrial Alliance Insurance and Financial Services Inc. 106,320 5,783 0.6%
Intact Financial Corp. 195,606 19,414 1.9%
Loblaw Companies Ltd. 338,300 22,301 2.2%
Lundin Mining Corp. 1,397,300 11,667 1.2%
Manulife Financial Corp. 1,631,285 39,836 4.0%
Medical Facilities Corp. 666,238 10,087 1.0%
Microsoft Corp. 41,700 5,018 0.5%
Northland Power Inc. 1,128,915 24,859 2.5%
Open Text Corp. 221,100 9,954 1.0%
Parkland Fuel Corp. 238,174 6,900 0.7%
Pembina Pipeline Corp. 583,982 24,095 2.4%
Pizza Pizza Royalty Corp. 542,069 7,676 0.8%
Pure Industrial Real Estate Trust 815,000 6,536 0.7%
Rogers Communications Inc. Class B non-voting 104,336 6,033 0.6%
Royal Bank of Canada 621,148 62,792 6.3%
SNC-Lavalin Group Inc. 597,600 33,268 3.3%
Sun Life Financial Inc. 73,975 3,910 0.4%
Suncor Energy Inc. 515,814 21,788 2.2%
TELUS Corp. 638,063 29,555 2.9%
The Bank of Nova Scotia 781,145 62,101 6.2%
The North West Co. Inc. 106,650 2,923 0.3%
The Toronto-Dominion Bank 988,596 73,156 7.3%
TransCanada Corp. 241,110 13,382 1.3%
Vanguard Value ETF 576,800 78,751 7.6%
Wells Fargo & Co. 249,400 18,694 1.9%
Yamana Gold Inc. 3,017,448 11,255 1.1%
Total Investments -- 999,867 99.6%
Cash & Equivalents -- -711 -0.1%
Other Assets (Liabilities) -- 5,008 0.5%
Total Net Assets -- 1,004,164 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2018
  • Regional Allocation
      Canada
    84.8%
      United States
    14.0%
      United Kingdom
    0.5%
      Cash & Equivalents 0.7%
  • Sector Allocation
      Financials 31.3%
      Energy 17.8%
      Index Participation Units 9.7%
      Industrials 8.2%
      Materials 6.3%
      Consumer Staples 5.2%
      Other 5%
      Telecommunication Serv. 4.5%
      Utilities 4.1%
      Real Estate 3.9%
      Consumer Discretionary 3.3%
      Cash & Equivalents 0.7%

Other Canadian Equity Funds

Portfolio Managers

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager

Mackenzie North American Equities 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.

The Investor Series versions of this fund are closed to new investments.

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.