Fund Portfolio – Mackenzie Canadian Growth Fund Series F MFC091 | Mackenzie Investments

Mackenzie Canadian Growth Fund Series F

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2019
Major holdings represent 44.8% of the fund.
View all holdings
Total # of
Equity Holdings
Holding name, country and sector Percentage of holding in fund
United States | Insurance Brokers
CCL Industries Inc
Canada | Metal & Glass Containers
Royal Bank of Canada
Canada | Diversified Banks
Accenture PLC
United States | IT Consulting & Other Services
Quebecor Inc
Canada | Cable & Satellite
Canadian Pacific Railway Ltd
Canada | Railroads
Stantec Inc
Canada | Research & Consulting Services
Stryker Corp
United States | Health Care Equipment
Baxter International Inc
United States | Health Care Equipment
Canada | Aerospace & Defense

Complete Fund Holdings Help Full holdings list

As of February 28, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Accenture PLC Class A 660,710 140,245 4.8%
Aon PLC 638,500 144,055 4.9%
ATS Automation Tooling Systems Inc. 511,674 9,481 0.3%
Bank of Montreal 617,977 63,417 2.2%
Baxter International Inc. 1,190,391 117,007 4.0%
Becton, Dickinson and Co. 344,807 112,833 3.8%
Blackberry Ltd. 3,762,520 43,043 1.5%
CAE Inc. 4,026,623 111,739 3.8%
Canadian Pacific Railway Ltd. 325,630 88,545 3.0%
Capgemini SE 160,000 25,187 0.9%
CCL Industries Inc. Class B non-voting 2,204,703 118,525 4.0%
Danaher Corp. 570,756 95,356 3.2%
Dollarama Inc. 3,139,059 111,813 3.8%
Heineken NV 832,347 110,350 3.8%
Jamieson Wellness Inc. 3,061,778 59,827 2.0%
Koninklijke Philips NV 1,568,964 82,171 2.8%
Morneau Shepell Inc. 1,372,993 37,469 1.3%
NFI Group Inc. 1,721,928 59,527 2.0%
Pason Systems Inc. 4,367,275 88,481 3.0%
Premium Brands Holdings Corp. 1,210,714 89,557 3.0%
Quebecor Inc. Class B Sub. voting 1,565,700 50,055 1.7%
Royal Bank of Canada 1,406,685 144,678 4.9%
S&P Global Inc. 161,190 42,481 1.4%
Spin Master Corp. 657,394 29,458 1.0%
Stantec Inc. 3,456,421 111,919 3.8%
Stella-Jones Inc. 1,457,783 60,119 2.0%
Stryker Corp. 468,600 116,188 3.9%
Suncor Energy Inc. 805,035 36,516 1.2%
Techtronic Industries Co. Ltd. 7,205,000 63,321 2.2%
TELUS Corp. 1,935,000 92,493 3.1%
The Estée Lauder Companies Inc. Class A 397,844 82,125 2.8%
The Toronto-Dominion Bank 512,060 38,640 1.3%
Winpak Ltd. 760,759 32,614 1.1%
Wolters Kluwer NV 963,943 83,630 2.8%
Zoetis Inc. 917,615 113,730 3.9%
Total Investments -- 2,806,595 95.2%
Cash & Equivalents -- 150,055 5.3%
Currency Hedge Contracts -- 2,099 0.1%
Other Assets (Liabilities) -- -16,660 -0.6%
Total Net Assets -- 2,942,089 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2019
  • Regional Allocation
      United States
      Hong Kong
      Cash & Equivalents 5.9%
  • Sector Allocation
      Industrials 19%
      Health Care 16%
      Financials 14.2%
      Consumer Staples 10.6%
      Information Technology 8.8%
      Materials 7.8%
      Communication Serv. 7.7%
      Consumer Discretionary 7.1%
      Cash & Equivalents 5.9%
      Energy 2.9%

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.

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