Fund Portfolio – Mackenzie Canadian Growth Fund Series A MFC650 MFC640 MFC7028 MFC3198 | Mackenzie Investments

Mackenzie Canadian Growth Fund Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 45.2% of the fund.
View all holdings
Total # of
Equity Holdings
33
Holding name, country and sector Percentage of holding in fund
Accenture PLC
United States | IT Consulting & Other Services
5.0%
Aon PLC
United States | Insurance Brokers
5.0%
Royal Bank of Canada
Canada | Diversified Banks
4.8%
Canadian Pacific Railway Ltd
Canada | Railroads
4.7%
Quebecor Inc
Canada | Cable & Satellite
4.6%
CCL Industries Inc
Canada | Metal & Glass Containers
4.3%
Stantec Inc
Canada | Research & Consulting Services
4.3%
SAP SE
Germany | Application Software
4.1%
Stryker Corp
United States | Health Care Equipment
4.1%
Baxter International Inc
United States | Health Care Equipment
4.1%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Accenture PLC Class A 606,830 146,832 4.7%
Alcon Inc. ADR 798,057 64,848 2.1%
Aon PLC 588,567 148,741 4.8%
ATS Automation Tooling Systems Inc. 1,609,377 34,280 1.1%
Bank of Montreal 747,977 73,990 2.4%
Baxter International Inc. 1,160,391 124,455 4.0%
CAE Inc. 3,350,089 117,957 3.8%
Canadian Pacific Railway Ltd. 430,630 132,819 4.2%
Capgemini SE 736,481 119,926 3.8%
CCL Industries Inc. Class B non-voting 2,243,650 144,087 4.6%
Danaher Corp. 489,756 91,663 2.9%
Dollarama Inc. 1,887,059 86,937 2.8%
Heineken NV 426,273 62,297 2.0%
Jamieson Wellness Inc. 3,141,778 63,181 2.0%
Koninklijke Philips NV 683,964 38,892 1.2%
Morneau Shepell Inc. 1,699,129 50,243 1.6%
Pason Systems Inc. 4,622,346 87,732 2.8%
Premium Brands Holdings Corp. 1,374,584 122,093 3.9%
Quebecor Inc. Class B Sub. voting 4,298,381 134,067 4.3%
Royal Bank of Canada 1,441,685 150,036 4.8%
SAP AG 624,054 112,222 3.6%
Spin Master Corp. 1,456,134 55,144 1.8%
Stantec Inc. 4,010,360 126,046 4.0%
Stella-Jones Inc. 1,813,376 85,700 2.7%
Stryker Corp. 453,600 122,117 3.9%
Techtronic Industries Co. Ltd. 8,195,000 82,165 2.6%
TELUS Corp. 1,537,144 74,413 2.4%
The Estée Lauder Companies Inc. Class A 249,844 59,911 1.9%
The Toronto-Dominion Bank 512,060 39,183 1.3%
Toromont Industries Ltd. 274,466 17,036 0.5%
Wolters Kluwer NV 1,023,943 97,617 3.1%
Zoetis Inc. 372,615 55,378 1.8%
Total Investments -- 2,922,008 93.4%
Cash & Equivalents -- 208,035 6.8%
Currency Hedge Contracts -- 4,291 0.1%
Other Assets (Liabilities) -- -8,825 -0.3%
Total Net Assets -- 3,125,509 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2019
  • Regional Allocation
      Canada
    51.0%
      United States
    24.1%
      Netherlands
    7.1%
      Germany
    4.1%
      France
    2.9%
      Hong Kong
    2.9%
      Switzerland
    2.1%
      Cash & Equivalents 5.8%
  • Sector Allocation
      Industrials 23.6%
      Health Care 15.7%
      Financials 13.4%
      Information Technology 12.1%
      Consumer Staples 9.4%
      Materials 6.7%
      Communication Serv. 5.9%
      Cash & Equivalents 5.8%
      Consumer Discretionary 4.8%
      Energy 2.6%

Other Canadian Equity Funds

Portfolio Managers

Dina DeGeer, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Bluewater Team

Investment experience since 1985

David Arpin, MA, CFA

Senior Vice President, Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 1995

Shah Khan, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 2010

Hui Wang, MBA, CFA, CAIA

Associate Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 2010

Note: USD option is capped to new purchases.

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

On November 25, 2016, the investment objectives of Mackenzie Canadian Growth Fund changed by removing the references to investments in fixed-income securities and government issued securities. The Fund’s portfolio manager has not traditionally invested in these securities and does not expect to in the future.

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 60% S&P/TSX Composite Index, 30% S&P 500 Index and 10% MSCI EAFE 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.