Mackenzie Canadian All Cap Value Fund Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of January 31, 2017
Major holdings represent 40% of the fund.
View all holdings
Total # of
Equity Holdings
59
Holding name, country and sector Percentage of holding in fund
Toronto-Dominion Bank/The
Canada | Diversified Banks
5.3%
Bank of Nova Scotia/The
Canada | Diversified Banks
5.2%
Royal Bank of Canada
Canada | Diversified Banks
5.0%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
4.7%
Canadian Imperial Bank of Commerce
Canada | Diversified Banks
4.1%
Canadian National Railway Co.
Canada | Railroads
4.1%
Bank of Montreal
Canada | Diversified Banks
3.2%
Manulife Financial Corp
Canada | Life & Health Insurance
3.0%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.8%
Canadian Pacific Railway Ltd
Canada | Railroads
2.8%

Complete Fund Holdings Help Full holdings list

As of November 30, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agrium Inc. 120,600 16,328 1.8%
Alimentation Couche-Tard Inc. Class B Sub. voting 404,200 25,056 2.7%
ARC Resources Ltd. 340,741 8,014 0.9%
Bank of Montreal 365,367 32,346 3.5%
Barrick Gold Corp. 671,524 13,531 1.5%
Boardwalk Real Estate Investment Trust 151,400 6,752 0.7%
Brookfield Property Partners LP 519,217 14,735 1.6%
Bukit Energy Inc. Private Placement 500,000 500 0.1%
CAE Inc. 1,257,014 24,901 2.7%
Canaccord Genuity Group Inc. 1,049,800 4,199 0.5%
Canadian Energy Services & Technology Corp. 1,123,746 7,855 0.8%
Canadian Imperial Bank of Commerce 338,586 35,883 3.9%
Canadian National Railway Co. 415,200 37,289 4.0%
Canadian Natural Resources Ltd. 662,950 30,052 3.2%
Canadian Pacific Railway Ltd. 129,850 26,701 2.9%
Canadian Tire Corp. Ltd. Class A non-voting 117,296 16,412 1.8%
Canadian Western Bank 179,292 5,228 0.6%
Capital Power Corp. 562,296 13,124 1.4%
Cenovus Energy Inc. 436,762 9,072 1.0%
Corus Entertainment Inc. Class B non-voting 251,116 3,049 0.3%
Crescent Point Energy Corp. 247,200 4,227 0.5%
CT Real Estate Investment Trust 277,644 4,192 0.5%
Dorel Industries Inc. Class B Sub. voting 221,722 8,159 0.9%
Dream Office Real Estate Investment Trust 535,560 9,683 1.0%
ECN Capital Corp. 2,820,700 8,519 0.9%
Enbridge Inc. 783,669 44,277 4.8%
EnCana Corp. 386,430 6,519 0.7%
Genworth MI Canada Inc. 317,704 10,379 1.1%
Goldcorp Inc. 621,722 11,023 1.2%
Industrial Alliance Insurance and Financial Services Inc. 292,467 16,656 1.8%
Kinross Gold Corp. 603,000 2,677 0.3%
Laricina Energy Ltd. Private Placement 146,000 16 0.0%
Linamar Corp. 175,432 9,077 1.0%
Loblaw Companies Ltd. 263,000 18,355 2.0%
Magna International Inc. 353,053 19,164 2.1%
Manulife Financial Corp. 1,089,148 25,475 2.7%
Methanex Corp. 203,295 12,021 1.3%
Northland Power Inc. 773,799 16,807 1.8%
Potash Corp. of Saskatchewan Inc. 837,271 20,513 2.2%
Precision Drilling Corp. 670,300 4,773 0.5%
Rogers Communications Inc. Class B non-voting 248,315 12,888 1.4%
Royal Bank of Canada 499,771 43,520 4.7%
Savanna Energy Services Corp. 651,747 1,036 0.1%
ShawCor Ltd. 289,565 9,564 1.0%
SNC-Lavalin Group Inc. 197,100 11,219 1.2%
Sun Life Financial Inc. 455,383 23,489 2.5%
Suncor Energy Inc. 217,066 9,286 1.0%
Teck Resources Ltd. Class B 714,800 24,310 2.6%
TELUS Corp. 352,070 14,773 1.6%
The Bank of Nova Scotia 621,504 46,078 4.8%
The Toronto-Dominion Bank 722,105 45,904 5.0%
Tourmaline Oil Corp. 226,550 8,210 0.9%
TransAlta Corp. 1,702,101 12,510 1.3%
TransCanada Corp. 359,001 21,659 2.3%
Vanguard Mid-Cap Value ETF 196,600 25,527 2.8%
West Fraser Timber Co. Ltd. 95,659 4,581 0.5%
WestJet Airlines Ltd. 568,400 11,971 1.3%
Total Investments -- 910,064 98.2%
Cash & Equivalents -- 10,870 1.2%
Other Assets (Liabilities) -- 5,827 0.6%
Total Net Assets -- 926,761 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of January 31, 2017
  • Regional Allocation
      Canada
    95.4%
      Other
    2.7%
      United States
    1.7%
      Cash & Equivalents 0.2%
  • Sector Allocation
      Financials 33.3%
      Energy 17.1%
      Industrials 11.8%
      Materials 11.2%
      Consumer Discretionary 6%
      Consumer Staples 5.6%
      Utilities 4.9%
      Real Estate 4%
      Telecommunication Serv. 3.2%
      Index Participation Units 2.7%
      Cash & Equivalents 0.2%

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.