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 April 30, 2017
Major holdings represent 38.3% of the fund.
View all holdings
Total # of
Equity Holdings
58
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
5.0%
Royal Bank of Canada
Canada | Diversified Banks
5.0%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
4.8%
Canadian National Railway Co.
Canada | Railroads
4.0%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
4.0%
Toronto-Dominion Bank/The
Canada | Diversified Banks
3.8%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
3.1%
Vanguard Mid-Cap Value ETF
Other | Index Participation Units
2.9%
Canadian Pacific Railway Ltd
Canada | Railroads
2.9%
Manulife Financial Corp
Canada | Life & Health Insurance
2.8%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agrium Inc. 16,639 2,131 1.6%
Alimentation Couche-Tard Inc. Class B Sub. voting 55,750 3,293 2.5%
ARC Resources Ltd. 47,336 937 0.7%
Bank of Montreal 36,598 3,689 2.9%
Barrick Gold Corp. 92,740 2,273 1.8%
Boardwalk Real Estate Investment Trust 22,353 994 0.8%
Brookfield Property Partners LP 72,535 2,183 1.7%
Bukit Energy Inc. Private Placement 73,822 74 0.1%
CAE Inc. 174,110 3,473 2.7%
Canaccord Genuity Group Inc. 144,795 796 0.6%
Canadian Energy Services & Technology Corp. 154,989 1,161 0.9%
Canadian Imperial Bank of Commerce 47,233 5,508 4.3%
Canadian National Railway Co. 52,989 4,894 3.8%
Canadian Natural Resources Ltd. 91,429 3,483 2.7%
Canadian Pacific Railway Ltd. 17,902 3,499 2.7%
Canadian Tire Corp. Ltd. Class A non-voting 16,237 2,473 1.9%
Canadian Western Bank 24,912 733 0.6%
Capital Power Corp. 77,557 1,956 1.5%
Cenovus Energy Inc. 60,391 1,015 0.8%
Corus Entertainment Inc. Class B non-voting 35,446 451 0.3%
Crescent Point Energy Corp. 34,091 498 0.4%
CT Real Estate Investment Trust 38,767 582 0.4%
Dorel Industries Inc. Class B Sub. voting 10,499 367 0.3%
Dream Office Real Estate Investment Trust 73,860 1,383 1.1%
ECN Capital Corp. 452,514 1,602 1.2%
Empire Co. Ltd. Class A non-voting 107,499 1,798 1.4%
Enbridge Inc. 109,110 6,099 4.7%
EnCana Corp. 53,359 785 0.6%
Freshii Inc. 26,540 388 0.3%
Genworth MI Canada Inc. 37,163 1,410 1.1%
Goldcorp Inc. 85,893 1,808 1.4%
Industrial Alliance Insurance and Financial Services Inc. 40,612 2,239 1.7%
Kinross Gold Corp. 83,168 389 0.3%
Laricina Energy Ltd. Private Placement 21,556 2 0.0%
Linamar Corp. 24,189 1,427 1.1%
Loblaw Companies Ltd. 36,276 2,512 1.9%
Magna International Inc. 48,973 2,781 2.1%
Manulife Financial Corp. 151,346 3,591 2.8%
Methanex Corp. 13,863 938 0.7%
Northland Power Inc. 115,626 2,828 2.2%
Potash Corp. of Saskatchewan Inc. 116,101 2,675 2.1%
Precision Drilling Corp. 92,455 628 0.5%
Rogers Communications Inc. Class B non-voting 34,561 1,927 1.5%
Royal Bank of Canada 68,931 6,651 5.1%
Savanna Energy Services Corp. 89,893 170 0.1%
ShawCor Ltd. 39,933 1,414 1.1%
SNC-Lavalin Group Inc. 27,181 1,470 1.1%
Sun Life Financial Inc. 63,322 3,052 2.4%
Suncor Energy Inc. 30,133 1,246 1.0%
Teck Resources Ltd. Class B 89,989 2,389 1.8%
TELUS Corp. 49,097 2,122 1.6%
The Bank of Nova Scotia 86,533 6,667 5.2%
The Toronto-Dominion Bank 94,972 6,502 5.0%
Tourmaline Oil Corp. 31,249 919 0.7%
TransAlta Corp. 234,754 1,669 1.3%
TransCanada Corp. 49,956 3,050 2.4%
Vanguard Mid-Cap Value ETF 27,122 3,698 2.9%
West Fraser Timber Co. Ltd. 13,193 727 0.6%
WestJet Airlines Ltd. 96,914 2,113 1.6%
Total Investments -- 127,532 98.6%
Cash & Equivalents -- 1,735 1.3%
Other Assets (Liabilities) -- 98 0.1%
Total Net Assets -- 129,365 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    93.3%
      Other
    2.9%
      United States
    1.7%
      Cash & Equivalents 2.1%
  • Sector Allocation
      Financials 31.1%
      Energy 16.4%
      Industrials 12.5%
      Materials 10.1%
      Consumer Staples 6.5%
      Consumer Discretionary 6.2%
      Utilities 4.9%
      Real Estate 4.3%
      Telecommunication Serv. 3%
      Index Participation Units 2.9%
      Cash & Equivalents 2.1%

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.