Fund Portfolio – Mackenzie Canadian All Cap Value Fund Series A MFC2946 MFC3666 MFC7184 MFC4129 | Mackenzie Investments

Mackenzie Canadian All Cap Value Fund Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of June 30, 2017
Major holdings represent 38.8% 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
4.5%
Canadian National Railway Co.
Canada | Railroads
4.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
4.0%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
3.9%
CAE Inc
Canada | Aerospace & Defense
3.0%
Manulife Financial Corp
Canada | Life & Health Insurance
2.9%
Canadian Pacific Railway Ltd
Canada | Railroads
2.9%
Vanguard Mid-Cap Value ETF
United States | Index Participation Units
2.8%

Complete Fund Holdings Help Full holdings list

As of April 30, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agrium Inc. 112,700 14,439 1.6%
Alimentation Couche-Tard Inc. Class B Sub. voting 377,600 23,706 2.7%
ARC Resources Ltd. 321,508 5,761 0.7%
Bank of Montreal 250,528 24,216 2.7%
Barrick Gold Corp. 629,272 14,360 1.6%
Boardwalk Real Estate Investment Trust 200,900 9,251 1.0%
Brookfield Property Partners LP 498,247 15,197 1.7%
Bukit Energy Inc. Private Placement 500,000 480 0.1%
CAE Inc. 1,183,884 24,684 2.8%
Canaccord Genuity Group Inc. 980,700 4,992 0.6%
Canadian Energy Services & Technology Corp. 1,049,746 6,771 0.8%
Canadian Imperial Bank of Commerce 319,910 35,270 4.0%
Canadian National Railway Co. 358,900 35,413 4.0%
Canadian Natural Resources Ltd. 619,250 26,925 3.0%
Canadian Pacific Railway Ltd. 121,250 25,361 2.9%
Canadian Tire Corp. Ltd. Class A non-voting 110,465 18,403 2.1%
Canadian Western Bank 170,056 4,563 0.5%
Capital Power Corp. 525,296 13,069 1.5%
Cenovus Energy Inc. 410,391 5,585 0.6%
Corus Entertainment Inc. Class B non-voting 243,819 3,267 0.4%
Crescent Point Energy Corp. 230,900 3,119 0.4%
CT Real Estate Investment Trust 264,760 3,879 0.4%
Dorel Industries Inc. Class B Sub. voting 71,113 2,333 0.3%
Dream Office Real Estate Investment Trust 500,260 9,720 1.1%
ECN Capital Corp. 4,120,170 15,327 1.7%
Empire Co. Ltd. Class A non-voting 728,094 15,312 1.7%
Enbridge Inc. 747,437 42,290 4.8%
EnCana Corp. 361,891 5,287 0.6%
Freshii Inc. 179,760 2,229 0.3%
Genworth MI Canada Inc. 156,150 5,293 0.6%
Goldcorp Inc. 582,521 11,080 1.3%
Industrial Alliance Insurance and Financial Services Inc. 276,818 15,942 1.8%
Kinross Gold Corp. 563,300 2,676 0.3%
Laricina Energy Ltd. Private Placement 146,000 16 0.0%
Linamar Corp. 163,832 9,509 1.1%
Loblaw Companies Ltd. 245,700 18,823 2.1%
Magna International Inc. 333,828 19,035 2.2%
Manulife Financial Corp. 1,034,429 24,764 2.8%
Methanex Corp. 93,895 5,890 0.7%
Northland Power Inc. 789,180 19,043 2.2%
Potash Corp. of Saskatchewan Inc. 786,356 18,102 2.0%
Precision Drilling Corp. 626,200 3,400 0.4%
Rogers Communications Inc. Class B non-voting 181,984 11,390 1.3%
Royal Bank of Canada 471,032 44,027 5.0%
ShawCor Ltd. 270,465 9,263 1.0%
SNC-Lavalin Group Inc. 184,100 10,107 1.1%
Sun Life Financial Inc. 432,573 20,854 2.4%
Suncor Energy Inc. 205,675 8,799 1.0%
Teck Resources Ltd. Class B 609,500 17,261 2.0%
TELUS Corp. 336,235 15,272 1.7%
The Bank of Nova Scotia 586,091 44,473 4.8%
The Toronto-Dominion Bank 525,250 33,737 3.8%
Tourmaline Oil Corp. 211,650 5,676 0.6%
TransAlta Corp. 1,590,001 11,114 1.3%
TransCanada Corp. 338,356 21,445 2.4%
Vanguard Mid-Cap Value ETF 183,700 25,670 2.9%
West Fraser Timber Co. Ltd. 89,359 5,481 0.6%
WestJet Airlines Ltd. 656,400 14,822 1.7%
Total Investments -- 864,173 97.7%
Cash & Equivalents -- 19,148 2.2%
Other Assets (Liabilities) -- 1,202 0.1%
Total Net Assets -- 884,523 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of June 30, 2017
  • Regional Allocation
      Canada
    94.9%
      United States
    4.6%
      Cash & Equivalents 0.5%
  • Sector Allocation
      Financials 32%
      Energy 14.8%
      Industrials 13.9%
      Materials 9.2%
      Consumer Staples 7.4%
      Utilities 6.9%
      Consumer Discretionary 5.6%
      Real Estate 4.4%
      Index Participation Units 2.8%
      Telecommunication Serv. 2.5%
      Cash & Equivalents 0.5%

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

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.