Fund Portfolio – Mackenzie Canadian All Cap Value Fund Series F MFC4153 | Mackenzie Investments

Mackenzie Canadian All Cap Value Fund Series F

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 42.4% of the fund.
View all holdings
Total # of
Equity Holdings
Holding name, country and sector Percentage of holding in fund
Royal Bank of Canada
Canada | Diversified Banks
Toronto-Dominion Bank/The
Canada | Diversified Banks
Alimentation Couche-Tard Inc
Canada | Food Retail
Enbridge Inc
Canada | Oil & Gas Storage & Transport
Canadian Pacific Railway Ltd
Canada | Railroads
Canadian National Railway Co.
Canada | Railroads
Mackenzie US Large Cap Equity Index ETF
Canada | Exchange Traded Funds
Bank of Nova Scotia/The
Canada | Diversified Banks
Empire Co Ltd
Canada | Food Retail
TC Energy Corp
Canada | Oil & Gas Storage & Transport

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agnico-Eagle Mines Ltd. 237,106 15,919 2.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 413,700 34,093 4.6%
ARC Resources Ltd. 283,908 1,820 0.2%
Bank of Montreal 142,956 14,141 1.9%
Barrick Gold Corp. 399,603 8,260 1.1%
Boardwalk Real Estate Investment Trust 436,100 17,374 2.4%
Brookfield Asset Management Inc. Class A limited voting 166,349 10,422 1.4%
Bukit Energy Inc. Private Placement 500,000 0.0%
CAE Inc. 333,380 11,738 1.6%
Canadian Imperial Bank of Commerce 183,209 18,867 2.6%
Canadian National Railway Co. 236,700 28,688 3.9%
Canadian Natural Resources Ltd. 632,650 22,339 3.0%
Canadian Pacific Railway Ltd. 94,750 29,224 4.0%
Canadian Tire Corp. Ltd. Class A non-voting 83,285 11,883 1.6%
Canadian Western Bank 196,758 5,877 0.8%
Capital Power Corp. 374,096 11,279 1.5%
Cenovus Energy Inc. 374,409 4,324 0.6%
Corus Entertainment Inc. Class B non-voting 428,064 2,628 0.4%
CT Real Estate Investment Trust 263,633 3,749 0.5%
Dollarama Inc. 117,800 5,427 0.7%
Dream Office Real Estate Investment Trust 440,660 10,417 1.4%
ECN Capital Corp. 3,665,800 15,470 2.1%
Empire Co. Ltd. Class A non-voting 641,594 21,160 2.9%
Enbridge Inc. 742,555 35,123 4.8%
EnCana Corp. 811,198 5,451 0.7%
Fortis Inc. 327,710 16,946 2.3%
Genworth MI Canada Inc. 66,150 2,741 0.4%
George Weston Ltd. 36,745 3,651 0.5%
IA Financial Corporate Inc. 216,915 11,570 1.6%
Invesco QQQ ETF 79,000 19,319 2.6%
Jamieson Wellness Inc. 131,417 2,643 0.4%
Kinross Gold Corp. 1,215,000 6,148 0.8%
Linamar Corp. 36,732 1,795 0.2%
Loblaw Companies Ltd. 274,100 18,378 2.5%
Mackenzie US Large Cap Equity Index ETF 255,400 28,164 3.8%
Manulife Financial Corp. 739,669 17,604 2.4%
Northland Power Inc. 778,041 19,840 2.7%
Nutrien Ltd. 250,635 17,557 2.4%
Rogers Communications Inc. Class B non-voting 97,274 6,819 0.9%
Roots Corp. 476,100 1,662 0.2%
Royal Bank of Canada 427,997 44,542 5.7%
Sabina Gold & Silver Corp. 1,017,500 1,353 0.2%
Sleep Country Canada Holdings Inc. 175,300 3,331 0.5%
SNC-Lavalin Group Inc. 162,600 4,306 0.6%
Stantec Inc. 240,100 7,546 1.0%
Sun Life Financial Inc. 334,068 18,117 2.5%
Suncor Energy Inc. 262,791 10,735 1.5%
TC Energy Corp. 331,192 21,501 2.9%
Teck Resources Ltd. Class B 165,300 4,995 0.7%
TELUS Corp. 323,529 15,662 2.1%
The Bank of Nova Scotia 412,375 29,006 3.9%
The Toronto-Dominion Bank 531,407 40,663 5.5%
Tourmaline Oil Corp. 186,950 3,118 0.4%
TransAlta Corp. 1,400,601 11,933 1.6%
Total Investments -- 737,318 99.7%
Cash & Equivalents -- -1,581 -0.2%
Other Assets (Liabilities) -- 3,508 0.5%
Total Net Assets -- 739,245 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2019
  • Regional Allocation
      United States
      Cash & Equivalents 0.5%
  • Sector Allocation
      Financials 31.6%
      Energy 13.5%
      Industrials 11.1%
      Consumer Staples 10.5%
      Utilities 7.8%
      Materials 7.5%
      Exchange Traded Funds 6.7%
      Real Estate 4.5%
      Communication Serv. 3.3%
      Consumer Discretionary 3%
      Cash & Equivalents 0.5%

Other Canadian Equity Funds

Portfolio Managers

William Aldridge, MBA, CFA

Vice President, Portfolio Manager

Mackenzie North American Equities Team

Investment experience since 2002

The Investor Series versions of this fund are closed to new investments.

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.

Effective June 1, 2018, the management fee and/or administration fee of series F, PW, PWB, PWT, PWFB, and PWX of the fund was reduced. The new fees will not be fully reflected in the current MER until the semi-annual MER for the period ended September 30, 2019.

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 to view the funds/products using currency derivatives to hedge exchange risk.