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 February 28, 2017
Major holdings represent 22.1% of the fund.
View all holdings
Total # of
Equity Holdings
39
Total # of
Fixed Income Holdings
297
Holding name, country and sector Percentage of holding in fund
Spin Master Corp
Canada | Leisure Products
3.6%
Becton Dickinson and Co
United States | Health Care Equipment
3.6%
Royal Bank of Canada
Canada | Diversified Banks
3.4%
Toronto-Dominion Bank/The
Canada | Diversified Banks
3.3%
Canadian National Railway Co.
Canada | Railroads
3.1%
Province of Ontario F/R 10-27-2021
Canada | Provincial Governments
1.3%
Canada Housing Trust No. 1 2.35% 06-15-2027
Canada | Federal Government
1.1%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
1.0%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
1.0%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
0.9%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 440,000 426 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 360,000 347 0.1%
Accenture PLC Class A 81,045 12,755 2.0%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 150,000 160 0.0%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 517,000 542 0.1%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 340,000 349 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 180,000 193 0.0%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 294,000 298 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 300,000 308 0.0%
AltaGas Ltd. 3.72% 09-28-2021 Callable 400,000 423 0.1%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 3,000 3 0.0%
Amphenol Corp. Class A 121,940 11,010 1.8%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 430,000 588 0.1%
ANSYS Inc. 98,475 12,237 2.0%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 270,000 356 0.1%
Antero Resources Corp. 5.625% 06-01-2023 Callable 20,000 28 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 60,000 83 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 441 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 300,000 313 0.1%
Aretec Group Inc. 958 19 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 150,000 152 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 70,000 96 0.0%
Aviva PLC 4.50% 05-10-2021 250,000 263 0.0%
Bank of America Corp. 3.95% 04-21-2025 60,000 80 0.0%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,320,000 1,295 0.2%
Bank of Montreal 1.88% 03-31-2021 1,130,000 1,129 0.2%
Bank of Montreal 2.10% 10-06-2020 Series DPNT 960,000 971 0.2%
Bank of Montreal 3.32% 06-01-2026 1,620,000 1,647 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 1,150,000 1,172 0.2%
Becton, Dickinson and Co. 90,917 20,223 3.2%
Bell Canada 2.00% 10-01-2021 570,000 564 0.1%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 370,000 380 0.1%
Bell Canada 4.70% 09-11-2023 Series MTN 380,000 424 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 140,000 184 0.0%
BP Capital Markets PLC 3.497% 11-09-2020 805,000 846 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 458,000 477 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 813 17 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 19,521 501 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 430,000 421 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 726,000 735 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 110,000 148 0.0%
Bruce Power LP 2.844% 06-23-2021 620,000 630 0.1%
Bruce Power LP 3.969% 06-23-2026 180,000 185 0.0%
CAE Inc. 508,312 9,546 1.5%
Caisse Centrale Desjardins 2.795% 11-19-2018 805,000 826 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 326,000 349 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 310,000 422 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 215,000 300 0.0%
Canada Housing Trust 1.90% 09-15-2026 4,830,000 4,696 0.8%
Canada Housing Trust No. 1 2.40% 12-15-2022 110,000 114 0.0%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 144,123 146 0.0%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 170,445 171 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 594,000 595 0.1%
Canadian Imperial Bank of Commerce 1.70% 10-09-2018 129,000 130 0.0%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 450,000 450 0.1%
Canadian Imperial Bank of Commerce 2.35% 06-24-2019 269,000 275 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,010,000 1,030 0.2%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 540,000 545 0.1%
Canadian National Railway Co. 182,000 16,446 2.6%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 624,000 637 0.1%
Canadian Natural Resources Ltd. 282,873 12,104 1.9%
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 110,000 116 0.0%
Canyon Services Group Inc. 1,374,020 9,659 1.6%
Cara Operations Ltd. 474,842 11,847 1.9%
Cards II Trust 2.155% 10-15-2020 766,000 777 0.1%
CCL Industries Inc. Class B non-voting 69,786 18,410 3.0%
CHIP Mortgage Trust 2.33% 04-29-2020 170,000 168 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 210,000 209 0.0%
Choice Properties LP 3.00% 09-20-2019 90,000 92 0.0%
Choice Properties LP 3.60% 09-20-2021 160,000 168 0.0%
Choice Properties Real Estate Investment Trust 2.297% 09-14-2020 280,000 281 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 640,000 667 0.1%
CI Financial Corp. 2.645% 12-07-2020 Callable 276,000 277 0.0%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 169,575 226 0.0%
Citigroup Inc. 3.39% 11-18-2021 405,000 422 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 540,000 552 0.1%
City of Montreal 2.75% 09-01-2026 230,000 228 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 444,154 478 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 420,000 428 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 200,000 212 0.0%
Cominar REIT 4.247% 05-23-2023 230,000 233 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 300,000 412 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 215,000 316 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 147,000 200 0.0%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 110,000 147 0.0%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 220,000 293 0.0%
Crombie Real Estate Investment Trust 2.775% 02-10-2020 35,000 35 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 380,000 372 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 263,409 359 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 270,000 269 0.0%
Daimler Canada Finance Inc. 1.78% 08-19-2019 320,000 321 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 440,000 440 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 320,000 434 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 97,730 121 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 290,000 397 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 200,000 201 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 100,000 143 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 100,000 146 0.0%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 300,000 400 0.1%
Dollarama Inc. 90,100 8,864 1.4%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 210,000 256 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 250,000 253 0.0%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 364,450 482 0.1%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 890,000 867 0.1%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 200,000 209 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 15,451 267 0.0%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 290,000 306 0.0%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 250,000 262 0.0%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 557,000 579 0.1%
Equitable Bank 1.52% 05-01-2021 1,005,512 997 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 318,000 331 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 420,000 425 0.1%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 200,000 223 0.0%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 190,000 215 0.0%
First Republic Bank 70,000 8,666 1.4%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 425,000 572 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 130,000 176 0.0%
Ford Credit Canada Ltd. 2.45% 05-07-2020 392,000 392 0.1%
Fortified Trust 1.67% 07-23-2021 560,000 553 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 330,000 331 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 110,000 116 0.0%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 120,000 109 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 117,157 83 0.0%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 100,000 139 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 170,000 192 0.0%
Futures Contracts 217 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 154,286 207 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 499,504 480 0.1%
Gartner Inc. 70,000 9,506 1.5%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 240,000 240 0.0%
Gaz Metro Inc. 1.52% 05-25-2020 190,000 189 0.0%
Genesis Trust II 1.675% 09-17-2018 400,000 402 0.1%
Genesis Trust II 1.699% 04-15-2020 370,000 370 0.1%
Genesis Trust II 2.433% 05-15-2019 228,000 233 0.0%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 180,000 266 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 120,000 126 0.0%
Gildan Activewear Inc. 137,147 4,675 0.8%
Glacier Credit Card Trust 2.237% 09-20-2020 310,000 314 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 380,000 504 0.1%
Government of Bermuda 4.854% 02-06-2024 530,000 742 0.1%
Government of Canada 0.75% 03-01-2021 351,000 346 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 2,710,000 3,441 0.6%
Government of Canada 1.50% 06-01-2026 3,888,000 3,815 0.6%
Government of Canada 1.75% 03-01-2019 1,280,000 1,307 0.2%
Government of Canada 2.75% 06-01-2022 90,000 97 0.0%
Government of Canada 2.75% 12-01-2048 11,149,000 12,251 2.0%
Government of Portugal 5.125% 10-15-2024 600,000 788 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 512,000 525 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 450,000 452 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 06-03-2020 294,878 387 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 440,000 438 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 40,000 46 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 293,000 301 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 410,000 416 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 840,000 841 0.1%
Hollis Receivables Term Trust II 2.434% 06-26-2019 891,000 911 0.1%
Honda Canada Finance Inc. 1.631% 08-12-2019 518,000 518 0.1%
Honda Canada Finance Inc. 2.155% 02-18-2021 400,000 403 0.1%
HSBC Bank Canada 1.816% 07-07-2020 256,000 255 0.0%
HSBC Bank Canada 2.078% 11-26-2018 597,000 603 0.1%
HSBC Bank Canada 2.449% 01-29-2021 130,000 132 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 660,000 658 0.1%
Hydro One Inc. 3.72% 11-18-2047 230,000 226 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 360,000 367 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 330,000 373 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2024 420,000 351 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 530,000 753 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 360,000 364 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 109,000 108 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 197,835 269 0.0%
Intelsat Connect Finance SA 12.50% 04-01-2022 11,000 9 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 60,000 68 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 80,000 104 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 9,000 4 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 680,000 673 0.1%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 320,000 323 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 170,000 172 0.0%
International Finance Corp. 3.625% 05-20-2020 230,000 217 0.0%
Intuit Inc. 52,500 8,084 1.3%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 480,307 618 0.1%
Jack Henry & Associates, Inc. 106,303 12,680 2.0%
JPMorgan Chase & Co. 2.92% 09-19-2017 501,000 507 0.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 320,000 332 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 530,000 713 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 420,000 424 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 226,000 309 0.0%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 160,000 217 0.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 80,000 77 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 598,000 634 0.1%
Mackenzie Global Tactical Bond Fund Series R 121,477 1,191 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 111,900 1,137 0.2%
Manulife Bank of Canada 1.915% 09-01-2021 500,000 494 0.1%
Marsh & McLennan Companies Inc. 154,548 14,035 2.3%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 70,000 96 0.0%
MCAP Commercial LP 3.955% 03-11-2019 150,000 148 0.0%
MCAP Services Corp. 1.85% 03-01-2018 73,094 74 0.0%
Merrill Lynch 1.30% 08-01-2021 1,062,080 1,047 0.2%
Merrill Lynch 1.37% 11-01-2021 1,056,396 1,043 0.2%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 856,499 849 0.1%
Metro Inc. 335,000 13,454 2.2%
Metropolitan Life Global Funding I 1.875% 04-16-2020 240,000 240 0.0%
Metropolitan Life Global Funding I 2.682% 04-16-2019 90,000 92 0.0%
Metropolitan Life Global Funding I 3.107% 04-16-2021 50,000 52 0.0%
Mexican Bonos 5.00% 12-11-2019 17,230,000 1,060 0.2%
Molson Coors International LP 2.25% 09-18-2018 630,000 636 0.1%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 430,000 425 0.1%
MPLX LP 4.5% 07-15-2023 50,000 69 0.0%
National Bank of Canada 2.105% 03-18-2022 690,000 688 0.1%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 850,000 0.0%
Nike Inc. Class B 146,000 9,971 1.6%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 120,000 120 0.0%
North Battleford Power LP 4.958% 12-31-2032 167,340 185 0.0%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 200,000 268 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 270,831 348 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 200,000 276 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 160,000 182 0.0%
Nykredit Realkredit A/S 1.00% 01-01-2021 9,830,000 1,939 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 470,000 365 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 132 0.0%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 320,000 314 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 492,000 502 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 470,000 491 0.1%
Omnicom Group Inc. 135,000 15,438 2.5%
Ontario Electricity Financial Corp. 0% 11-27-2020 900,000 841 0.1%
Ontario Hydro 0% 05-26-2025 330,000 262 0.0%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 50,000 52 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 100,000 104 0.0%
Pason Systems Inc. 357,305 7,017 1.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 400,000 404 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 700,000 729 0.1%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 146,000 198 0.0%
Potash Corp. of Saskatchewan Inc. 365,000 8,866 1.4%
PrairieSky Royalty Ltd. 456,312 14,575 2.3%
Province of Alberta 3.30% 12-01-2046 2,630,000 2,625 0.4%
Province of British Columbia 2.80% 06-18-2048 1,870,000 1,748 0.3%
Province of Manitoba 2.85% 09-05-2046 1,820,000 1,637 0.3%
Province of Ontario 0% 06-02-2024 870,000 724 0.1%
Province of Ontario 0% 06-02-2026 430,000 333 0.1%
Province of Ontario 0% 07-13-2022 530,000 472 0.1%
Province of Ontario 0% 12-02-2023 1,510,000 1,284 0.2%
Province of Ontario 2.40% 06-02-2026 5,485,000 5,445 0.9%
Province of Ontario 2.80% 06-02-2048 150,000 138 0.0%
Province of Ontario 2.90% 12-02-2046 6,320,000 5,924 1.0%
Province of Ontario F/R 03-16-2021 2,700,000 2,722 0.4%
Province of Ontario F/R 10-27-2021 8,570,000 8,558 1.4%
Province of Quebec 0% 04-01-2026 440,000 338 0.1%
Province of Quebec 2.50% 09-01-2026 5,615,000 5,610 0.9%
Province of Quebec 3.50% 12-01-2045 6,410,000 6,694 1.1%
Province of Quebec 3.50% 12-01-2048 2,050,000 2,160 0.3%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 200,000 198 0.0%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 320,000 434 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 30,000 32 0.0%
Quintiles Transnational Holdings Inc. 168,377 17,205 2.8%
Reliance LP 3.813% 09-15-2020 215,000 216 0.0%
Reliance LP 5.187% 03-15-2019 500,000 522 0.1%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 1,730,000 1,950 0.3%
Royal Bank of Canada 220,475 20,035 3.2%
Royal Bank of Canada 1.583% 09-13-2021 640,000 627 0.1%
Royal Bank of Canada 1.65% 07-15-2021 1,295,000 1,276 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 770,000 765 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 290,000 287 0.0%
Royal Bank of Canada 3.31% 01-20-2026 1,319,000 1,339 0.2%
S&P Global Inc. 79,075 11,426 1.8%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 230,000 307 0.0%
Sandvine Corp. 3,391,310 9,530 1.5%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 190,000 190 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 521,777 504 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 140,000 191 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 530,000 565 0.1%
Spin Master Corp. 671,857 21,627 3.5%
Spy Hill Power LP 4.14% 03-31-2036 140,247 143 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 573,000 588 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 510,000 512 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 600,000 605 0.1%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 160,000 218 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 540,000 710 0.1%
TD Securities Inc. 1.45% 12-01-2021 400,000 394 0.1%
TELUS Corp. 464,990 19,878 3.2%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 170,000 214 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 150,000 178 0.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,910,000 1,896 0.3%
The Bank of Nova Scotia 2.09% 09-09-2020 770,000 778 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 790,000 828 0.1%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 504,000 527 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 690,000 647 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 300,000 301 0.0%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 200,000 203 0.0%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 909,000 924 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 50,000 66 0.0%
The Standard Life Assurance Co. of Canada F/R 09-21-2022 Callable 2017 220,000 224 0.0%
The Toronto-Dominion Bank 319,330 21,146 3.4%
The Toronto-Dominion Bank 1.68% 06-08-2021 420,000 417 0.1%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,330,000 1,294 0.2%
The Toronto-Dominion Bank 2.05% 12-01-2022 164,233 164 0.0%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 810,000 808 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 621,000 625 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 660,000 723 0.1%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 321,000 334 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 590,000 643 0.1%
Toronto Hydro Corp. 5.15% 11-14-2017 1,800,000 1,863 0.3%
Toyota Credit Canada Inc. 1.80% 02-19-2020 540,000 541 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 400,000 403 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 136,540 180 0.0%
TransAlta Corp. 5.00% 11-25-2020 170,000 175 0.0%
TransCanada Corp. 4.00% Pfd. Series 7 3,253 61 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 2,756 54 0.0%
TransCanada Corp. Pfd. Series 15 49,299 1,255 0.2%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 450,000 467 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 582,000 598 0.1%
Trillium Windpower LP 5.803% 02-15-2033 129,047 144 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 170,000 230 0.0%
Union Gas Ltd. 2.81% 06-01-2026 Callable 610,000 610 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 400,000 415 0.1%
Union Gas Ltd. 3.80% 06-01-2046 Callable 170,000 168 0.0%
Union Gas Ltd. 8.65% 11-10-2025 370,000 524 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,170,000 2,982 0.5%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 427,226 577 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 104,000 109 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 76,000 79 0.0%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 820,000 1,014 0.2%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 30,000 31 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 100,000 101 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 0.1%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 100,000 102 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 180,000 235 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,144,000 1,144 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 450,000 442 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 415,000 405 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 470,000 483 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 530,000 552 0.1%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 560,000 601 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 239,400 324 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 260,000 349 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 110,000 108 0.0%
Zoetis Inc. 224,055 16,115 2.6%
Total Investments -- 601,408 95.7%
Cash & Equivalents -- 23,666 4.7%
Currency Hedge Contracts -- -46 0.0%
Other Assets (Liabilities) -- -2,362 -0.4%
Total Net Assets -- 622,666 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 36.4% | FI : 22.9%
    59.3%
      United States
    EQ : 31.3% | FI : 4.0%
    35.3%
      Other
    FI : 1.2%
    1.2%
      Denmark
    FI : 0.4%
    0.4%
      Australia
    FI : 0.3%
    0.3%
      Cash & Equivalents 3.5%
  • Sector Allocation
      Fixed Income 28.3%
      Information Technology 13.9%
      Financials 12.2%
      Health Care 11%
      Consumer Discretionary 9.4%
      Energy 6.4%
      Materials 4.9%
      Industrials 4.6%
      Cash & Equivalents 3.5%
      Telecommunication Serv. 3%
      Consumer Staples 2.2%
      Other 0.6%
Credit Allocation (%)
AAA 7.5%
AA 6.4%
A 7.3%
BBB 4.8%
BB 0.7%
B 1.4%
C 0.1%
NR 0.7%
Cash & Equivalents 3.5%
Equities 67.6%

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

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).