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 April 30, 2017
Major holdings represent 38.2% 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.
3.0%
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
ARC Resources Ltd. 320,612 6,348 0.7%
Agrium Inc. 112,700 14,431 1.6%
Alimentation Couche-Tard Inc. Class B Sub. voting 377,600 22,301 2.5%
Bank of Montreal 247,882 24,984 2.8%
Barrick Gold Corp. 628,134 15,396 1.8%
Boardwalk Real Estate Investment Trust 151,400 6,733 0.8%
Brookfield Property Partners LP 491,285 14,788 1.7%
Bukit Energy Inc. Private Placement 500,000 500 0.1%
CAE Inc. 1,179,253 23,526 2.7%
CT Real Estate Investment Trust 262,571 3,939 0.4%
Canaccord Genuity Group Inc. 980,700 5,394 0.6%
Canadian Energy Services & Technology Corp. 1,049,746 7,863 0.9%
Canadian Imperial Bank of Commerce 319,910 37,305 4.3%
Canadian National Railway Co. 358,900 33,148 3.8%
Canadian Natural Resources Ltd. 619,250 23,587 2.7%
Canadian Pacific Railway Ltd. 121,250 23,696 2.7%
Canadian Tire Corp. Ltd. Class A non-voting 109,973 16,749 1.9%
Canadian Western Bank 168,731 4,962 0.6%
Capital Power Corp. 525,296 13,248 1.5%
Cenovus Energy Inc. 409,031 6,872 0.8%
Corus Entertainment Inc. Class B non-voting 240,079 3,051 0.3%
Crescent Point Energy Corp. 230,900 3,373 0.4%
Dorel Industries Inc. Class B Sub. voting 71,113 2,488 0.3%
Dream Office Real Estate Investment Trust 500,260 9,370 1.1%
ECN Capital Corp. 3,064,900 10,850 1.2%
Empire Co. Ltd. Class A non-voting 728,094 12,181 1.4%
EnCana Corp. 361,402 5,320 0.6%
Enbridge Inc. 739,007 41,310 4.7%
Freshii Inc. 179,760 2,628 0.3%
Genworth MI Canada Inc. 251,704 9,550 1.1%
Goldcorp Inc. 581,755 12,246 1.4%
Industrial Alliance Insurance and Financial Services Inc. 275,068 15,164 1.7%
Kinross Gold Corp. 563,300 2,636 0.3%
Laricina Energy Ltd. Private Placement 146,000 16 0.0%
Linamar Corp. 163,832 9,663 1.1%
Loblaw Companies Ltd. 245,700 17,017 1.9%
Magna International Inc. 331,694 18,837 2.1%
Manulife Financial Corp. 1,025,075 24,325 2.8%
Methanex Corp. 93,895 6,356 0.7%
Northland Power Inc. 783,139 19,156 2.2%
Potash Corp. of Saskatchewan Inc. 786,356 18,118 2.1%
Precision Drilling Corp. 626,200 4,252 0.5%
Rogers Communications Inc. Class B non-voting 234,086 13,053 1.5%
Royal Bank of Canada 471,032 45,445 5.2%
SNC-Lavalin Group Inc. 184,100 9,958 1.1%
Savanna Energy Services Corp. 608,847 1,151 0.1%
ShawCor Ltd. 270,465 9,574 1.1%
Sun Life Financial Inc. 428,885 20,672 2.4%
Suncor Energy Inc. 204,090 8,439 1.0%
TELUS Corp. 332,533 14,372 1.6%
Teck Resources Ltd. Class B 609,500 16,182 1.8%
The Bank of Nova Scotia 586,091 45,152 5.1%
The Toronto-Dominion Bank 643,250 44,037 5.0%
Tourmaline Oil Corp. 211,650 6,223 0.7%
TransAlta Corp. 1,590,001 11,305 1.3%
TransCanada Corp. 338,356 20,660 2.4%
Vanguard Mid-Cap Value ETF 183,700 25,044 2.9%
West Fraser Timber Co. Ltd. 89,359 4,926 0.6%
WestJet Airlines Ltd. 656,400 14,310 1.6%
Total Investments -- 864,180 98.5%
Cash & Equivalents -- 10,220 1.2%
Other Assets (Liabilities) -- 2,248 0.3%
Total Net Assets -- 876,648 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    93.1%
      Other
    2.9%
      United States
    1.7%
      Cash & Equivalents 2.3%
  • Sector Allocation
      Financials 30.9%
      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 2.3%

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.