Fund Portfolio – Mackenzie Canadian Growth Balanced Fund Series A MFC724 MFC824 MFC7034 MFC3197 MFC725 MFC825 MFC4280 | Mackenzie Investments

Mackenzie Canadian Growth Balanced Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2017
Major holdings represent 22.4% of the fund.
View all holdings
Total # of
Equity Holdings
43
Total # of
Fixed Income Holdings
278
Holding name, country and sector Percentage of holding in fund
Royal Bank of Canada
Canada | Diversified Banks
3.5%
Canadian National Railway Co.
Canada | Railroads
3.3%
TELUS Corp
Canada | Integrated Telecomm. Services
3.1%
CR Bard Inc
United States | Health Care Equipment
3.1%
Spin Master Corp
Canada | Leisure Products
3.0%
Mackenzie Global Credit Opportunities Fund Series R
Canada | Pooled Funds
2.2%
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
1.5%
Province of Ontario F/R 10-27-2021
Canada | Provincial Governments
1.1%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
0.9%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
0.8%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 Callable MTN 440,000 433 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 360,000 351 0.1%
Accenture PLC Class A 74,045 12,049 1.8%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 480,000 495 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 270,000 295 0.0%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 517,000 543 0.1%
Alimentation Couche-Tard Inc. 3.32% 11-01-2019 Callable 1,090,000 1,138 0.2%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 340,000 353 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 180,000 194 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 300,000 312 0.0%
Allied Properties REIT 3.93% 11-14-2022 Series B 294,000 305 0.0%
Alphabet Inc. Class A 7,500 8,418 1.3%
AltaGas Ltd. 3.72% 09-28-2021 Callable 400,000 425 0.1%
AltaGas Ltd. Pfd. Series K 26,920 674 0.1%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 303,000 301 0.0%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 680,000 0.0%
Amphenol Corp. Class A 133,940 12,314 1.8%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 430,000 584 0.1%
ANSYS Inc. 71,475 10,136 1.5%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 270,000 349 0.1%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 446 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 300,000 314 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 150,000 153 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 69,825 94 0.0%
Automatic Data Processing Inc. 123,500 16,835 2.5%
Aviva PLC 4.50% 05-10-2021 250,000 269 0.0%
Bank of America Corp. 3.95% 04-21-2025 60,000 80 0.0%
Bank of Montreal 1.61% 10-28-2021 DPNT 1,320,000 1,309 0.2%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,130,000 1,138 0.2%
Bank of Montreal 3.32% 06-01-2026 1,620,000 1,675 0.2%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 1,300,000 1,345 0.2%
Becton, Dickinson and Co. 96,617 23,493 3.5%
Bell Canada 2.7% 02-27-2024 Callable 690,000 694 0.1%
Bell Canada 4.45% 02-27-2047 Callable 570,000 576 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 805,000 850 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 458,000 479 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 19,521 504 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 430,000 437 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 846,000 881 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 30,020 745 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 110,000 150 0.0%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 230,000 233 0.0%
Bruce Power LP 2.84% 06-23-2021 1,030,000 1,060 0.2%
Bruce Power LP 3.97% 06-23-2026 180,000 190 0.0%
C.R. Bard Inc. 56,201 18,308 2.7%
CAE Inc. 742,923 14,821 2.2%
Caisse Centrale Desjardins 2.09% 01-17-2022 930,000 940 0.1%
Caisse Centrale Desjardins 2.795% 11-19-2018 805,000 826 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 326,000 351 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 309,225 416 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 1,400,000 1,371 0.2%
Canada Housing Trust No. 1 2.35% 06-15-2027 7,090,000 7,165 1.1%
Canada Housing Trust No. 1 2.40% 12-15-2022 110,000 115 0.0%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 135,847 137 0.0%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 178,227 179 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 594,000 599 0.1%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 940,000 945 0.1%
Canadian Imperial Bank of Commerce 1.70% 10-09-2018 DPNT 129,000 130 0.0%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 450,000 454 0.1%
Canadian Imperial Bank of Commerce 2.35% 06-24-2019 DPNT 269,000 275 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,010,000 1,046 0.2%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 540,000 551 0.1%
Canadian National Railway Co. 218,789 20,207 3.0%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 624,000 645 0.1%
Canadian Natural Resources Ltd. 160,873 6,128 0.9%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 109,000 112 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 110,000 117 0.0%
Canyon Services Group Inc. 1,731,020 9,971 1.5%
Cara Operations Ltd. 294,742 7,601 1.1%
Cards II Trust 2.155% 10-15-2020 766,000 781 0.1%
CCL Industries Inc. Class B non-voting 60,315 17,028 2.5%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 740,000 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 170,000 169 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 210,000 210 0.0%
Choice Properties LP 3.60% 09-20-2021 160,000 169 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 640,000 680 0.1%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 169,150 226 0.0%
Citigroup Inc. 3.39% 11-18-2021 405,000 426 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 540,000 565 0.1%
City of Montreal 2.75% 09-01-2026 230,000 231 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 436,257 477 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 420,000 431 0.1%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 230,000 236 0.0%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 200,000 213 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 300,000 398 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 215,000 300 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 146,633 196 0.0%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 109,719 146 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 380,000 383 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 263,409 356 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 270,000 271 0.0%
Daimler Canada Finance Inc. 1.78% 08-19-2019 320,000 322 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 440,000 444 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 320,000 430 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 97,730 125 0.0%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 289,275 387 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 200,000 202 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 50,000 70 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 100,000 144 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 100,000 146 0.0%
Dollarama Inc. 89,021 9,105 1.4%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 210,000 262 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 250,000 254 0.0%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 890,000 880 0.1%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 200,000 211 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 16,320 295 0.0%
Enbridge Inc. 4.24% 08-27-2042 540,000 517 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 290,000 310 0.0%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 250,000 262 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 440,000 447 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 440,000 450 0.1%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 318,000 337 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 420,000 443 0.1%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 200,000 227 0.0%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 190,000 218 0.0%
First Republic Bank 84,000 10,470 1.6%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 129,675 173 0.0%
Ford Credit Canada Ltd. 2.45% 05-07-2020 392,000 397 0.1%
Fortified Trust 1.67% 07-23-2021 560,000 558 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 330,000 336 0.0%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 110,000 117 0.0%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 120,000 110 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 116,856 109 0.0%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 100,000 128 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 170,000 191 0.0%
Futures Contracts -73 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 154,286 204 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 498,217 478 0.1%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 160,000 216 0.0%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 110,000 148 0.0%
Gaz Metro Inc. 1.52% 05-25-2020 190,000 190 0.0%
Genesis Trust II 1.675% 09-17-2018 400,000 403 0.1%
Genesis Trust II 1.699% 04-15-2020 370,000 372 0.1%
Genesis Trust II 2.43% 05-15-2019 228,000 233 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 120,000 125 0.0%
Glacier Credit Card Trust 2.237% 09-20-2020 310,000 315 0.0%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 380,000 486 0.1%
Government of Bermuda 4.854% 02-06-2024 530,000 742 0.1%
Government of Canada 1.00% 06-01-2027 4,460,000 4,151 0.6%
Government of Canada 1.25% 12-01-2047 Real Return 2,710,000 3,331 0.5%
Government of Canada 2.75% 06-01-2022 90,000 97 0.0%
Government of Canada 2.75% 12-01-2048 5,390,000 5,885 0.9%
Government of Canada 3.50% 12-01-2045 5,320,000 6,560 1.0%
Government of Portugal 5.125% 10-15-2024 600,000 774 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 512,000 531 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 485,000 498 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 140,000 147 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 294,878 383 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 440,000 443 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 500,000 505 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 40,000 48 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 293,000 307 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 410,000 423 0.1%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 94,286 126 0.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 235,714 316 0.0%
Hollis Receivables Term Trust II 1.788% 02-26-2020 840,000 847 0.1%
Hollis Receivables Term Trust II 2.434% 06-26-2019 891,000 912 0.1%
Honda Canada Finance Inc. 1.631% 08-12-2019 518,000 520 0.1%
Honda Canada Finance Inc. 2.155% 02-18-2021 400,000 406 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 360,000 364 0.1%
HSBC Bank Canada 1.816% 07-07-2020 256,000 257 0.0%
HSBC Bank Canada 2.078% 11-26-2018 597,000 604 0.1%
HSBC Bank Canada 2.449% 01-29-2021 130,000 133 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 660,000 672 0.1%
Hydro One Inc. 3.72% 11-18-2047 230,000 229 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 360,000 369 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 330,000 374 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2025 380,000 311 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 530,000 743 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 130,000 132 0.0%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 260,000 346 0.1%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 197,337 263 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 80,000 105 0.0%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 690,000 704 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 440,000 452 0.1%
International Finance Corp. 3.625% 05-20-2020 230,000 224 0.0%
Intuit Inc. 52,500 8,748 1.3%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 479,082 618 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 940 74 0.0%
Jack Henry & Associates, Inc. 106,303 13,241 2.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 350,000 467 0.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 790,000 827 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 105,000 141 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 528,306 702 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 420,000 429 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 128,000 171 0.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 80,000 78 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 598,000 644 0.1%
Mackenzie Global Tactical Bond Fund Series R 121,477 1,196 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 111,900 1,155 0.2%
Manulife Bank of Canada 1.92% 09-01-2021 500,000 499 0.1%
Marsh & McLennan Companies Inc. 154,548 15,085 2.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 70,000 96 0.0%
MCAP Services Corp. 1.85% 03-01-2018 66,436 67 0.0%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 1,051,087 1,042 0.2%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 2,820,132 2,796 0.4%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 844,166 841 0.1%
Metro Inc. 375,200 14,531 2.2%
Metropolitan Life Global Funding I 1.875% 04-16-2020 240,000 242 0.0%
Metropolitan Life Global Funding I 2.682% 04-16-2019 90,000 92 0.0%
Metropolitan Life Global Funding I 3.11% 04-16-2021 50,000 52 0.0%
Mexican Bonos 5.00% 12-11-2019 17,230,000 1,085 0.2%
Molson Coors International LP 2.25% 09-18-2018 630,000 637 0.1%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 430,000 431 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 770,000 777 0.1%
National Bank of Canada 2.105% 03-18-2022 690,000 697 0.1%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 120,000 120 0.0%
North Battleford Power LP 4.958% 12-31-2032 164,615 184 0.0%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 200,000 265 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 269,070 355 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 180,000 249 0.0%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 20,000 28 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 160,000 187 0.0%
Nykredit Realkredit AS 1.00% 01-01-2021 9,830,000 1,937 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 470,000 275 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 133 0.0%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 492,000 507 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 470,000 497 0.1%
Omnicom Group Inc. 150,000 16,956 2.5%
Ontario Electricity Financial Corp. 0% 11-27-2020 900,000 846 0.1%
Ontario Hydro 0% 05-26-2025 330,000 266 0.0%
OPB Finance Trust 2.98% 01-25-2027 Series F 440,000 448 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 100,000 106 0.0%
Pason Systems Inc. 614,650 11,119 1.7%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 561,000 567 0.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 400,000 413 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 700,000 746 0.1%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 142,063 190 0.0%
Potash Corp. of Saskatchewan Inc. 365,000 8,410 1.3%
PrairieSky Royalty Ltd. 401,312 12,465 1.9%
Province of Alberta 3.30% 12-01-2046 2,630,000 2,617 0.4%
Province of British Columbia 2.30% 06-18-2026 1,450,000 1,450 0.2%
Province of British Columbia 2.80% 06-18-2048 1,870,000 1,735 0.3%
Province of Manitoba 2.85% 09-05-2046 1,820,000 1,636 0.2%
Province Of Manitoba 3.40% 09-05-2048 2,190,000 2,205 0.3%
Province of Ontario 0% 06-02-2024 870,000 732 0.1%
Province of Ontario 0% 06-02-2026 430,000 337 0.1%
Province of Ontario 0% 07-13-2022 530,000 477 0.1%
Province of Ontario 0% 12-02-2023 1,510,000 1,295 0.2%
Province of Ontario 2.90% 12-02-2046 4,670,000 4,357 0.6%
Province of Ontario F/R 10-27-2021 8,570,000 8,561 1.3%
Province of Quebec 0% 04-01-2026 440,000 345 0.1%
Province Of Quebec 2.75% 09-01-2027 2,010,000 2,049 0.3%
Province of Quebec 3.50% 12-01-2045 6,130,000 6,374 0.9%
Province of Quebec 3.50% 12-01-2048 2,050,000 2,153 0.3%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 200,000 200 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 320,000 436 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 23,000 25 0.0%
Quintiles IMS Holdings Inc. 65,055 6,688 1.0%
Reliance LP 3.813% 09-15-2020 215,000 218 0.0%
Reliance LP 5.187% 03-15-2019 500,000 522 0.1%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 260,000 349 0.1%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 140,000 142 0.0%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 1,730,000 1,953 0.3%
Royal Bank of Canada 233,475 22,526 3.4%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 640,000 634 0.1%
Royal Bank of Canada 1.65% 07-15-2021 935,000 930 0.1%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 770,000 777 0.1%
Royal Bank of Canada 3.31% 01-20-2026 1,609,000 1,661 0.2%
S&P Global Inc. 59,075 10,160 1.5%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 230,000 307 0.0%
Sandvine Corp. 3,541,310 10,128 1.5%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 190,000 193 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 521,777 510 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 139,650 189 0.0%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 180,000 240 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 550,000 679 0.1%
Spin Master Corp. 731,179 25,803 5.1%
Spy Hill Power LP 4.14% 03-31-2036 140,247 145 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 573,000 594 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 680,000 696 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 600,000 611 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 140,000 142 0.0%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 158,000 213 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 540,000 713 0.1%
TD Securities Inc. 1.45% 12-01-2021 395,731 394 0.1%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 230,000 305 0.0%
TELUS Corp. 454,990 19,665 2.9%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 140,000 192 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 150,000 197 0.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,910,000 1,916 0.3%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 770,000 782 0.1%
The Cooper Companies Inc. 20,000 5,291 0.8%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 790,000 832 0.1%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 504,000 525 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 690,000 667 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 300,000 304 0.0%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 200,000 204 0.0%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 909,000 929 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 50,000 63 0.0%
The Standard Life Assurance Co. of Canada F/R 09-21-2022 Callable 2017 220,000 223 0.0%
The Toronto-Dominion Bank 319,330 21,861 3.3%
The Toronto-Dominion Bank 1.68% 06-08-2021 DPNT 420,000 420 0.1%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 1,330,000 1,313 0.2%
The Toronto-Dominion Bank 2.05% 12-01-2022 162,221 163 0.0%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 810,000 820 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 391,000 399 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 890,000 1,003 0.1%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 321,000 336 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 590,000 649 0.1%
Toronto Hydro Corp. 5.15% 11-14-2017 1,800,000 1,852 0.3%
Toyota Canada Credit Inc. 2.02% 02-28-2022 900,000 904 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 400,000 407 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 136,540 176 0.0%
TransAlta Corp. 5.00% 11-25-2020 170,000 179 0.0%
TransAlta Corp. Pfd. Series A 25,060 329 0.0%
TransCanada Corp. 4.00% Pfd. Series 7 3,253 72 0.0%
TransCanada Corp. Pfd. Series 15 49,299 1,268 0.2%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 450,000 475 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 582,000 601 0.1%
Trillium Windpower LP 5.803% 02-15-2033 127,104 148 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 449,575 601 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 610,000 620 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 400,000 420 0.1%
Union Gas Ltd. 3.80% 06-01-2046 Callable 170,000 169 0.0%
Union Gas Ltd. 8.65% 11-10-2025 370,000 532 0.1%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 2,170,000 3,039 0.5%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 426,147 568 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 104,000 117 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 76,000 79 0.0%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 820,000 1,001 0.1%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 7,000 7 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 30,000 31 0.0%
Visa Inc. Class A 100,300 11,717 1.7%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 100,000 109 0.0%
VW Credit Canada Inc. 2.45% 11-14-2017 240,000 242 0.0%
VW Credit Canada Inc. F/R 04-03-2017 320,000 320 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 100,000 103 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 180,000 231 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,144,000 1,153 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 720,000 718 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 415,000 411 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 470,000 493 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 530,000 555 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 178,800 239 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 170,000 229 0.0%
Winpak Ltd. 167,133 8,348 1.2%
WTH Car Rental ULC 1.912% 07-20-2020 110,000 108 0.0%
Zoetis Inc. 194,055 13,742 2.0%
Total Investments -- 648,532 96.6%
Cash & Equivalents -- 18,234 2.7%
Currency Hedge Contracts -- 11 0.0%
Other Assets (Liabilities) -- 4,996 0.7%
Total Net Assets -- 671,773 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2017
  • Regional Allocation
      Canada
    EQ : 36.1% | FI : 23.2%
    59.3%
      United States
    EQ : 33.1% | FI : 3.4%
    36.5%
      Other
    FI : 1.0%
    1.0%
      Denmark
    FI : 0.3%
    0.3%
      Australia
    FI : 0.3%
    0.3%
      Cash & Equivalents 2.6%
  • Sector Allocation
      Fixed Income 28.3%
      Information Technology 16.1%
      Financials 10.9%
      Industrials 9.2%
      Health Care 8.9%
      Consumer Discretionary 7%
      Materials 6.2%
      Consumer Staples 3.9%
      Energy 3.7%
      Telecommunication Serv. 3.1%
      Cash & Equivalents 2.6%
      Utilities 0.1%
Credit Allocation (%)
AAA 4.6%
AA 8.2%
A 7.2%
BBB 4.3%
BB 1.1%
B 1.7%
C 0.2%
NR 0.9%
Cash & Equivalents 2.6%
Equities 69.2%

Other Canadian Balanced Funds

Portfolio Managers

Dina DeGeer, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Canadian Growth Team

Investment experience since 1985

David Arpin, MA, CFA

Senior Vice President, Portfolio Manager

Mackenzie Canadian Growth Team

Investment experience since 1995

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Alain Bergeron, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Asset Allocation Team

Investment experience since 2000

Note: USD option is capped to new purchases.

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 blended index is composed of 65% S&P/TSX Composite Index and 35% FTSE TMX Canada Universe Bond Index.

†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.

‡ Credit ratings and rating categories are based on Standard & Poor’s or DBRS (or equivalent ratings issued by other approved credit rating organizations).