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 October 31, 2017
Major holdings represent 39.1% 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
5.5%
Royal Bank of Canada
Canada | Diversified Banks
5.3%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
4.7%
Toronto-Dominion Bank/The
Canada | Diversified Banks
4.3%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
4.1%
Canadian National Railway Co.
Canada | Railroads
3.3%
Alimentation Couche-Tard Inc
Canada | Food Retail
3.1%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
3.1%
Canadian Pacific Railway Ltd
Canada | Railroads
3.0%
Vanguard Mid-Cap Value ETF
United States | Index Participation Units
2.8%

Complete Fund Holdings Help Full holdings list

As of August 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agrium Inc. 16,144 1,977 1.6%
AGT Food and Ingredients Inc. 27,848 718 0.6%
Alimentation Couche-Tard Inc. Class B Sub. voting 54,091 3,225 2.6%
ARC Resources Ltd. 46,056 755 0.6%
Bank of Montreal 36,228 3,246 2.6%
Barrick Gold Corp. 90,315 2,031 1.6%
Boardwalk Real Estate Investment Trust 41,184 1,663 1.3%
Brookfield Property Partners LP 72,286 2,114 1.7%
Bukit Energy Inc. Private Placement 71,624 61 0.0%
CAE Inc. 121,874 2,512 2.0%
Canaccord Genuity Group Inc. 140,484 660 0.5%
Canadian Imperial Bank of Commerce 46,916 4,923 3.9%
Canadian National Railway Co. 41,155 4,166 3.3%
Canadian Natural Resources Ltd. 88,707 3,413 2.7%
Canadian Pacific Railway Ltd. 17,369 3,375 2.7%
Canadian Tire Corp. Ltd. Class A non-voting 15,891 2,349 1.9%
Canadian Western Bank 24,568 712 0.6%
Capital Power Corp. 75,248 1,976 1.6%
Cenovus Energy Inc. 59,093 577 0.5%
CES Energy Solutions Corp. 150,375 800 0.6%
Corus Entertainment Inc. Class B non-voting 35,943 495 0.4%
Crescent Point Energy Corp. 66,854 573 0.5%
CT Real Estate Investment Trust 38,558 539 0.4%
Dorel Industries Inc. Class B Sub. voting 10,187 291 0.2%
Dream Office Real Estate Investment Trust 71,662 1,532 1.2%
ECN Capital Corp. 596,131 2,253 1.8%
Empire Co. Ltd. Class A non-voting 104,299 2,189 1.8%
Enbridge Inc. 108,343 5,409 4.3%
EnCana Corp. 51,932 605 0.5%
Fortis Inc. 56,231 2,569 2.1%
Freshii Inc. 39,560 368 0.3%
Genworth MI Canada Inc. 22,368 805 0.6%
Goldcorp Inc. 83,576 1,434 1.1%
Industrial Alliance Insurance and Financial Services Inc. 35,993 1,929 1.5%
Jamieson Wellness Inc. 27,549 521 0.4%
Kinross Gold Corp. 197,583 1,124 0.9%
Laricina Energy Ltd. Private Placement 20,914 2 0.0%
Linamar Corp. 16,607 1,156 0.9%
Loblaw Companies Ltd. 38,276 2,592 2.1%
Magna International Inc. 20,932 1,258 1.0%
Manulife Financial Corp. 126,802 3,110 2.5%
Methanex Corp. 13,450 858 0.7%
Northland Power Inc. 114,912 2,752 2.2%
Potash Corp. of Saskatchewan Inc. 113,961 2,476 2.0%
Precision Drilling Corp. 89,702 284 0.2%
Rogers Communications Inc. Class B non-voting 15,042 981 0.8%
Royal Bank of Canada 68,751 6,373 5.2%
ShawCor Ltd. 45,534 1,157 0.9%
SNC-Lavalin Group Inc. 26,372 1,439 1.2%
Stantec Inc. 30,526 1,059 0.8%
Sun Life Financial Inc. 62,549 2,999 2.4%
Suncor Energy Inc. 19,610 767 0.6%
Teck Resources Ltd. Class B 72,326 2,248 1.8%
TELUS Corp. 48,692 2,201 1.8%
The Bank of Nova Scotia 85,621 6,653 5.4%
The Toronto-Dominion Bank 76,632 5,140 4.1%
Tourmaline Oil Corp. 30,319 739 0.6%
TransAlta Corp. 227,766 1,747 1.4%
TransCanada Corp. 49,443 3,135 2.5%
Vanguard Mid-Cap Value ETF 26,315 3,396 2.7%
West Fraser Timber Co. Ltd. 12,801 829 0.7%
WestJet Airlines Ltd. 94,029 2,504 2.0%
Total Investments -- 121,744 97.4%
Cash & Equivalents -- 2,776 2.2%
Other Assets (Liabilities) -- 478 0.4%
Total Net Assets -- 124,998 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of November 30, 2017
  • Regional Allocation
      Canada
    94.1%
      United States
    4.4%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Financials 32.2%
      Energy 15.8%
      Industrials 11.4%
      Materials 9.6%
      Consumer Staples 8.5%
      Utilities 6.9%
      Real Estate 5.4%
      Consumer Discretionary 3.2%
      Index Participation Units 2.9%
      Telecommunication Serv. 2.6%
      Cash & Equivalents 1.5%

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.