Fund Portfolio – Mackenzie Canadian Equity Class Series F MFC3749 | Mackenzie Investments

Mackenzie Canadian Equity Class Series F

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 42.7% 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
Bank of Nova Scotia/The
Canada | Diversified Banks
Canadian National Railway Co.
Canada | Railroads
Mackenzie US Large Cap Equity Index ETF
Canada | Exchange Traded Funds
Empire Co Ltd
Canada | Food Retail
TC Energy Corp
Canada | Oil & Gas Storage & Transport

Complete Fund Holdings Help Full holdings list

As of July 31, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Agnico-Eagle Mines Ltd. 33,153 2,286 2.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 57,850 4,680 4.5%
ARC Resources Ltd. 39,707 268 0.3%
Bank of Montreal 19,995 1,975 1.9%
Barrick Gold Corp. 55,882 1,199 1.2%
Boardwalk Real Estate Investment Trust 60,987 2,561 2.5%
Brookfield Asset Management Inc. Class A limited voting 23,337 1,509 1.5%
Bukit Energy Inc. Private Placement 500,000 0.0%
CAE Inc. 46,759 1,664 1.6%
Canadian Imperial Bank of Commerce 25,614 2,660 2.6%
Canadian National Railway Co. 33,096 4,134 4.0%
Canadian Natural Resources Ltd. 88,477 2,958 2.9%
Canadian Pacific Railway Ltd. 13,256 4,177 4.0%
Canadian Tire Corp. Ltd. Class A non-voting 9,408 1,356 1.3%
Canadian Western Bank 27,774 856 0.8%
Capital Power Corp. 52,308 1,549 1.5%
Cenovus Energy Inc. 52,583 645 0.6%
Corus Entertainment Inc. Class B non-voting 59,857 303 0.3%
CT Real Estate Investment Trust 37,035 540 0.5%
Dollarama Inc. 16,470 805 0.8%
Dream Office Real Estate Investment Trust 61,628 1,515 1.5%
ECN Capital Corp. 512,636 2,425 2.3%
Empire Co. Ltd. Class A non-voting 89,721 3,134 3.0%
Enbridge Inc. 103,837 4,577 4.4%
EnCana Corp. 113,436 684 0.7%
Fortis Inc. 45,826 2,384 2.3%
Genworth MI Canada Inc. 9,248 450 0.4%
IA Financial Corporate Inc. 30,341 1,607 1.6%
Invesco QQQ ETF 11,112 2,803 2.7%
Jamieson Wellness Inc. 18,372 379 0.4%
Kinross Gold Corp. 169,908 907 0.9%
Linamar Corp. 5,138 230 0.2%
Loblaw Companies Ltd. 38,328 2,625 2.5%
Mackenzie US Large Cap Equity Index ETF 36,075 4,073 3.9%
Manulife Financial Corp. 103,431 2,472 2.4%
Northland Power Inc. 101,301 2,545 2.5%
Nutrien Ltd. 35,056 2,537 2.5%
Rogers Communications Inc. Class B non-voting 13,693 938 0.9%
Roots Corp. 66,965 232 0.2%
Royal Bank of Canada 59,847 6,238 6.1%
Sabina Gold & Silver Corp. 142,284 208 0.2%
Sleep Country Canada Holdings Inc. 24,656 458 0.4%
SNC-Lavalin Group Inc. 22,744 475 0.5%
Stantec Inc. 33,574 1,056 1.0%
Sun Life Financial Inc. 47,178 2,587 2.5%
Suncor Energy Inc. 37,130 1,406 1.4%
TC Energy Corp. 46,316 2,993 2.9%
Teck Resources Ltd. Class B 23,109 624 0.6%
TELUS Corp. 45,769 2,171 2.1%
The Bank of Nova Scotia 57,664 4,063 3.9%
The Toronto-Dominion Bank 74,308 5,733 5.7%
Tourmaline Oil Corp. 26,140 455 0.4%
TransAlta Corp. 195,859 1,584 1.5%
Total Investments -- 102,693 99.5%
Cash & Equivalents -- 616 0.6%
Other Assets (Liabilities) -- -77 -0.1%
Total Net Assets -- 103,232 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of September 30, 2019
  • Regional Allocation
      United States
      Cash & Equivalents 0.4%
  • Sector Allocation
      Financials 35.2%
      Energy 14%
      Consumer Staples 10.8%
      Industrials 9.8%
      Utilities 8%
      Materials 7.4%
      Real Estate 4.3%
      ETFs 4%
      Communication Serv. 3.2%
      Consumer Discretionary 2.9%
      Cash & Equivalents 0.4%

Other Canadian Equity Funds

Portfolio Managers

William Aldridge, MBA, CFA

Vice President, Portfolio Manager

Mackenzie North American Equities 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.

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.