Fund Portfolio – Mackenzie Canadian All Cap Value Class Series A MFC3748 MFC4223 MFC7196 MFC4231 | Mackenzie Investments

Mackenzie Canadian All Cap Value Class Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2017
Major holdings represent 36.9% of the fund.
View all holdings
Total # of
Equity Holdings
62
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
5.3%
Royal Bank of Canada
Canada | Diversified Banks
5.1%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
4.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
4.1%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.9%
Canadian National Railway Co.
Canada | Railroads
3.3%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.7%
Vanguard Mid-Cap Value ETF
United States | Index Participation Units
2.7%
Canadian Pacific Railway Ltd
Canada | Railroads
2.7%
Bank of Montreal
Canada | Diversified Banks
2.6%

Complete Fund Holdings Help Full holdings list

As of July 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agrium Inc. 16,460 2,054 1.6%
AGT Food and Ingredients Inc. 28,392 722 0.6%
Alimentation Couche-Tard Inc. Class B Sub. voting 55,148 3,260 2.6%
ARC Resources Ltd. 46,956 807 0.6%
Bank of Montreal 36,936 3,493 2.8%
Barrick Gold Corp. 92,081 1,941 1.5%
Boardwalk Real Estate Investment Trust 29,341 1,403 1.1%
Brookfield Property Partners LP 73,699 2,196 1.7%
Bukit Energy Inc. Private Placement 73,025 62 0.0%
CAE Inc. 150,920 3,189 2.5%
Canaccord Genuity Group Inc. 143,231 898 0.7%
Canadian Imperial Bank of Commerce 47,265 5,115 4.0%
Canadian National Railway Co. 41,960 4,134 3.3%
Canadian Natural Resources Ltd. 90,441 3,449 2.7%
Canadian Pacific Railway Ltd. 17,709 3,457 2.7%
Canadian Tire Corp. Ltd. Class A non-voting 16,202 2,306 1.8%
Canadian Western Bank 25,049 701 0.6%
Capital Power Corp. 76,719 1,888 1.5%
Cenovus Energy Inc. 60,248 631 0.5%
CES Energy Solutions Corp. 153,315 977 0.8%
Corus Entertainment Inc. Class B non-voting 36,391 504 0.4%
Crescent Point Energy Corp. 68,161 668 0.5%
CT Real Estate Investment Trust 39,146 569 0.4%
Dorel Industries Inc. Class B Sub. voting 10,386 342 0.3%
Dream Office Real Estate Investment Trust 73,063 1,455 1.1%
ECN Capital Corp. 607,785 2,407 1.9%
Empire Co. Ltd. Class A non-voting 106,338 2,154 1.7%
Enbridge Inc. 110,461 5,709 4.5%
EnCana Corp. 52,948 664 0.5%
Fortis Inc. 57,330 2,606 2.1%
Freshii Inc. 40,333 407 0.3%
Genworth MI Canada Inc. 22,806 829 0.7%
Goldcorp Inc. 85,210 1,395 1.1%
Industrial Alliance Insurance and Financial Services Inc. 40,698 2,354 1.9%
Jamieson Wellness Inc. 28,088 515 0.4%
Kinross Gold Corp. 82,270 423 0.3%
Laricina Energy Ltd. Private Placement 21,323 2 0.0%
Linamar Corp. 19,970 1,365 1.1%
Loblaw Companies Ltd. 39,024 2,650 2.1%
Magna International Inc. 33,332 1,982 1.6%
Manulife Financial Corp. 152,342 3,912 3.1%
Methanex Corp. 13,713 758 0.6%
Northland Power Inc. 116,683 2,709 2.1%
Potash Corp. of Saskatchewan Inc. 115,515 2,576 2.0%
Precision Drilling Corp. 91,456 331 0.3%
Rogers Communications Inc. Class B non-voting 15,336 994 0.8%
Royal Bank of Canada 69,440 6,459 5.1%
ShawCor Ltd. 46,424 1,297 1.0%
SNC-Lavalin Group Inc. 26,888 1,476 1.2%
Stantec Inc. 31,123 987 0.8%
Sun Life Financial Inc. 63,772 3,047 2.4%
Suncor Energy Inc. 30,290 1,232 1.0%
Teck Resources Ltd. Class B 89,017 2,409 1.9%
TELUS Corp. 49,644 2,235 1.8%
The Bank of Nova Scotia 86,448 6,713 5.3%
The Toronto-Dominion Bank 77,413 4,975 3.9%
Tourmaline Oil Corp. 30,911 855 0.7%
TransAlta Corp. 232,219 1,888 1.5%
TransCanada Corp. 49,912 3,179 2.5%
Vanguard Mid-Cap Value ETF 26,829 3,497 2.8%
West Fraser Timber Co. Ltd. 13,051 865 0.7%
WestJet Airlines Ltd. 95,867 2,382 1.9%
Total Investments -- 126,459 99.9%
Cash & Equivalents -- 380 0.3%
Other Assets (Liabilities) -- -313 -0.2%
Total Net Assets -- 126,526 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2017
  • Regional Allocation
      Canada
    93.0%
      United States
    4.4%
      Cash & Equivalents 2.6%
  • Sector Allocation
      Financials 31.2%
      Energy 14.6%
      Industrials 12%
      Materials 10.4%
      Consumer Staples 7.4%
      Utilities 7.2%
      Real Estate 4.7%
      Consumer Discretionary 4.7%
      Index Participation Units 2.7%
      Cash & Equivalents 2.6%
      Telecommunication Serv. 2.5%

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

William Aldridge, MBA, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 2002

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 S&P/TSX Composite Index is a capitalization-weighted index that represents some of the largest float-adjusted stocks trading on the Toronto Stock Exchange.

†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.