Fund Portfolio – Mackenzie Canadian Large Cap Balanced Fund Series A MFC1530 MFC1630 MFC7094 MFC3194 | Mackenzie Investments

Mackenzie Canadian Large Cap Balanced Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of February 28, 2017
Major holdings represent 16.2% of the fund.
View all holdings
Total # of
Equity Holdings
95
Total # of
Fixed Income Holdings
230
Holding name, country and sector Percentage of holding in fund
Toronto-Dominion Bank/The
Canada | Diversified Banks
2.7%
Royal Bank of Canada
Canada | Diversified Banks
2.2%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.0%
Canadian National Railway Co.
Canada | Railroads
1.6%
Prudential Financial Inc
United States | Life & Health Insurance
1.5%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.4%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
1.4%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.3%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
1.1%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.1%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3i Group PLC 182,998 2,137 0.6%
407 International Inc. 2.43% 05-04-2027 MTN Callable 300,000 291 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 340,000 328 0.1%
Adidas AG* 11,400 2,422 0.7%
Admiral Group PLC 47,400 1,429 0.4%
Advantage Oil & Gas Ltd. 251,815 2,297 0.7%
Aflac Inc. 23,800 2,226 0.7%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 240,000 256 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 60,000 63 0.0%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 440,000 452 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 310,000 333 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 54,419 3,313 1.0%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 301,000 305 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 340,000 349 0.1%
Alphabet Inc. Class A 2,100 2,236 0.7%
Alphabet Inc. Class C 1,606 1,665 0.5%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 144,000 143 0.0%
Amazon.com Inc. 1,600 1,612 0.5%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 440,000 602 0.2%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 180,000 237 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%
Apple Inc. 14,600 2,272 0.7%
Applied Materials Inc. 49,400 2,142 0.6%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 430,000 574 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 370,000 387 0.1%
ARC Resources Ltd. 88,500 2,045 0.6%
Aretec Group Inc. 1,283 25 0.0%
Arrow Lakes Power Corp. 5.516% 04-05-2041 69,334 79 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 240,000 243 0.1%
Ashtead Group PLC 48,503 1,263 0.4%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 90,000 123 0.0%
ATCO Ltd. Class I non-voting 26,965 1,204 0.4%
AusNet Services 680,200 1,041 0.3%
Aviva PLC 4.50% 05-10-2021 240,000 253 0.1%
Banco Bradesco SA Pfd. 158,910 1,863 0.5%
Bank of America Corp. 3.95% 04-21-2025 80,000 107 0.0%
Bank of Montreal 39,800 3,843 1.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,040,000 1,021 0.3%
Bank of Montreal 1.88% 03-31-2021 1,370,000 1,369 0.4%
Bank of Montreal 3.32% 06-01-2026 960,000 976 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 670,000 683 0.2%
Barrick Gold Corp. 71,000 1,526 0.4%
BCE Inc. 32,900 1,909 0.6%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 520,000 534 0.2%
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 160,000 211 0.1%
Best Buy Co. Inc. 38,900 2,230 0.7%
BP Capital Markets PLC 3.497% 11-09-2020 710,000 747 0.2%
Brookfield Asset Management Inc. 3.95% 04-09-2019 530,000 552 0.2%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 565 12 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 13,551 348 0.1%
Brookfield Renewable Energy Partners LP 57,393 2,287 0.7%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 380,000 372 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 890,000 902 0.3%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 140,000 188 0.1%
Bruce Power LP 2.844% 06-23-2021 550,000 559 0.2%
Bruce Power LP 3.969% 06-23-2026 160,000 165 0.0%
CAE Inc. 90,700 1,703 0.5%
Cameco Corp. 5.67% 09-02-2019 Series D 520,000 557 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 270,000 368 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 195,000 272 0.1%
Canada Housing Trust 1.90% 09-15-2026 2,370,000 2,304 0.7%
Canada Housing Trust No. 1 2.40% 12-15-2022 90,000 93 0.0%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 216,185 219 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 241,824 243 0.1%
Canadian Credit Card Trust II 1.829% 03-24-2020 750,000 752 0.2%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 430,000 430 0.1%
Canadian Imperial Bank of Commerce 2.35% 06-24-2019 122,000 125 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,230,000 1,254 0.4%
Canadian National Railway Co. 58,300 5,268 1.5%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 710,000 725 0.2%
Canadian Natural Resources Ltd. 102,800 4,399 1.3%
Canadian Pacific Railway Ltd. 13,600 2,605 0.8%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 110,000 113 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 160,000 169 0.0%
Capital One Financial Corp. 15,600 1,829 0.5%
Cards II Trust 2.155% 10-15-2020 870,000 883 0.3%
CCL Industries Inc. Class B non-voting 4,100 1,082 0.3%
Celestica Inc. Sub. voting 70,325 1,119 0.3%
CenturyLink Inc. 50,000 1,598 0.5%
CGI Group Inc. Class A Sub. voting 44,100 2,842 0.8%
CHIP Mortgage Trust 2.33% 04-29-2020 70,000 69 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 170,000 169 0.0%
Choice Properties LP 3.60% 09-20-2021 290,000 304 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 880,000 918 0.3%
Christian Dior SA 11,300 3,183 0.9%
CI Financial Corp. 2.645% 12-07-2020 Callable 310,000 311 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 159,600 213 0.1%
Citigroup Inc. 3.39% 11-18-2021 505,000 526 0.2%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 690,000 705 0.2%
City of Montreal 2.75% 09-01-2026 290,000 288 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 570,000 581 0.2%
Cominar REIT 4.247% 05-23-2023 210,000 212 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 460,000 631 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 280,000 412 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 196,125 267 0.1%
Constellation Software Inc. 4,900 2,990 0.9%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 100,000 134 0.0%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 280,000 373 0.1%
Crescent Point Energy Corp. 136,500 2,491 0.7%
Crombie Real Estate Investment Trust 2.775% 02-10-2020 50,000 49 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 490,000 479 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 341,456 466 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 190,000 189 0.1%
Daimler Canada Finance Inc. 1.78% 08-19-2019 420,000 421 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 300,000 300 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 330,000 447 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 127,131 158 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 270,000 369 0.1%
Detour Gold Corp. 73,600 1,346 0.4%
Deutsche Wohnen AG 24,400 1,029 0.3%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 180,000 181 0.1%
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 90,000 128 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 90,000 131 0.0%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 400,000 533 0.2%
Dollarama Inc. 12,300 1,210 0.4%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 150,000 183 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 320,000 324 0.1%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 462,950 613 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 790,000 769 0.2%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 10,498 181 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 380,000 401 0.1%
Enerplus Corp. 144,900 1,846 0.5%
Equitable Bank 1.52% 05-01-2021 928,902 921 0.3%
Euronext NV 17,700 981 0.3%
Facebook Inc. 6,352 982 0.3%
Faes Farma SA 241,704 1,149 0.3%
Faes Farma SA Rights Exp.12-30-16 238,304 31 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 300,000 312 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 290,000 293 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 410,000 464 0.1%
Fifth Third Bancorp 56,600 2,051 0.6%
First Quantum Minerals Ltd. 240,300 3,208 0.9%
Five Prime Therapeutics Inc. 19,500 1,313 0.4%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 294,000 396 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 120,000 162 0.0%
Fortified Trust 1.67% 07-23-2021 490,000 484 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 230,000 231 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 170,000 179 0.1%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 205,109 145 0.0%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 130,000 181 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 220,000 249 0.1%
Fuchs Petrolub SE 28,600 1,615 0.5%
Futures Contracts 221 0.1%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 137,143 184 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 638,685 613 0.2%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 380,000 380 0.1%
Genesis Trust II 1.699% 04-15-2020 480,000 481 0.1%
Genworth MI Canada Inc. 34,300 1,155 0.3%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 180,000 266 0.1%
Gilead Sciences Inc. 23,301 2,242 0.7%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 260,000 345 0.1%
Goldcorp Inc. 47,200 863 0.3%
Government of Bermuda 4.854% 02-06-2024 750,000 1,050 0.3%
Government of Canada 1.25% 12-01-2047 Real Return 2,940,000 3,733 1.1%
Government of Canada 1.50% 06-01-2026 140,000 137 0.0%
Government of Canada 2.75% 12-01-2048 6,232,000 6,848 2.0%
Government of Canada 4.00% 12-01-2031 Real Return 10,000 22 0.0%
Government of Portugal 5.125% 10-15-2024 740,000 972 0.3%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 350,000 359 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 310,000 311 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 180,000 189 0.1%
Gruma SAB de CV 82,300 1,404 0.4%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 354,174 465 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 360,000 359 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 310,000 319 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 480,000 487 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 680,000 681 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 390,000 393 0.1%
HSBC Bank Canada 1.816% 07-07-2020 450,000 447 0.1%
HSBC Bank Canada 2.449% 01-29-2021 180,000 183 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 450,000 449 0.1%
Hydro One Inc. 3.72% 11-18-2047 160,000 157 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 370,000 377 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 330,000 373 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 460,000 654 0.2%
Industrial Alliance Insurance and Financial Services Inc. 39,400 2,104 0.6%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 500,000 505 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 140,000 139 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 237,403 323 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 11,000 9 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 70,000 79 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 100,000 130 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 590,000 584 0.2%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 350,000 353 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 120,000 122 0.0%
International Finance Corp. 3.625% 05-20-2020 340,000 321 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 609,904 785 0.2%
Ivanhoe Mines Ltd. 415,400 1,055 0.3%
JPMorgan Chase & Co. 20,900 2,423 0.7%
JPMorgan Chase & Co. 3.19% 03-05-2021 400,000 416 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 125,000 168 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 360,000 484 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 200,000 273 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 140,000 189 0.1%
Loblaw Companies Ltd. 29,641 2,100 0.6%
Lower Mattagami Energy LP 2.31% 10-21-2026 70,000 67 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 150,000 159 0.0%
Mackenzie Global Tactical Bond Fund Series R 135,768 1,331 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 140,662 1,429 0.4%
Magna International Inc. 46,569 2,715 0.8%
Manulife Bank of Canada 1.915% 09-01-2021 450,000 445 0.1%
Manulife Financial Corp. 143,700 3,436 1.0%
Marathon Petroleum Corp. 34,000 2,300 0.7%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 70,000 96 0.0%
MCAP Commercial LP 3.955% 03-11-2019 230,000 227 0.1%
MCAP Services Corp. 1.85% 03-01-2018 109,641 110 0.0%
Merrill Lynch 1.30% 08-01-2021 914,569 902 0.3%
Merrill Lynch 1.37% 11-01-2021 737,484 728 0.2%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 798,758 792 0.2%
Metropolitan Life Global Funding I 3.107% 04-16-2021 90,000 93 0.0%
Mexican Bonos 5.00% 12-11-2019 22,570,000 1,388 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 380,000 376 0.1%
MPLX LP 4.5% 07-15-2023 70,000 96 0.0%
National Bank of Canada 2.105% 03-18-2022 900,000 898 0.3%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 860,000 0.0%
NHN Corp. 1,200 1,033 0.3%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 100,000 100 0.0%
North Battleford Power LP 4.958% 12-31-2032 260,306 287 0.1%
Northland Power Inc. 6,308 147 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 351,737 452 0.1%
NTT DoCoMo Inc. 60,000 1,835 0.5%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 200,000 276 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 220,000 250 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 8,720,000 1,720 0.5%
Odebrecht Finance Ltd. 5.25% 06-27-2029 610,000 474 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 150,000 197 0.1%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 260,000 255 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 490,000 499 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 630,000 659 0.2%
Onex Corp. Sub. voting 28,900 2,641 0.8%
Open Text Corp. 29,300 2,430 0.7%
Packaging Corp. of America 14,400 1,641 0.5%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 80,000 83 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 140,000 146 0.0%
PDL BioPharma Inc. 426,300 1,214 0.4%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 350,000 353 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 900,000 937 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 126,533 171 0.1%
Province of Alberta 3.30% 12-01-2046 1,930,000 1,926 0.6%
Province of British Columbia 2.80% 06-18-2048 1,400,000 1,308 0.4%
Province of Manitoba 2.85% 09-05-2046 1,570,000 1,412 0.4%
Province of Ontario 0% 06-02-2024 1,130,000 940 0.3%
Province of Ontario 0% 06-02-2026 550,000 426 0.1%
Province of Ontario 2.40% 06-02-2026 425,000 422 0.1%
Province of Ontario 2.80% 06-02-2048 110,000 101 0.0%
Province of Ontario 2.90% 12-02-2046 4,640,000 4,349 1.3%
Province of Quebec 0% 04-01-2026 580,000 446 0.1%
Province of Quebec 2.50% 09-01-2026 4,265,000 4,261 1.2%
Province of Quebec 3.50% 12-01-2045 6,890,000 7,196 2.1%
Prudential Financial Inc. 23,800 3,328 1.0%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 140,000 139 0.0%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 280,000 380 0.1%
QEP Resources Inc. 80,500 1,991 0.6%
Quanta Services Inc. 42,100 1,971 0.6%
Quebecor Media Inc. 6.625% 01-15-2023 144A 20,000 21 0.0%
Recordati SPA 38,900 1,481 0.4%
Reliance LP 3.813% 09-15-2020 260,000 261 0.1%
Restaurant Brands International Inc. 48,600 3,108 0.9%
Royal Bank of Canada 76,500 6,952 2.0%
Royal Bank of Canada 1.583% 09-13-2021 570,000 559 0.2%
Royal Bank of Canada 1.65% 07-15-2021 740,000 729 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 280,000 278 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 340,000 337 0.1%
Royal Bank of Canada 3.31% 01-20-2026 1,240,000 1,259 0.4%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 190,000 254 0.1%
Samsung Electronics Co. Ltd. 1,100 2,185 0.6%
Saputo Inc. 72,500 3,444 1.0%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 130,000 130 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 472,553 456 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 120,000 164 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 360,000 384 0.1%
Spin Master Corp. 14,100 454 0.1%
Spy Hill Power LP 4.14% 03-31-2036 205,695 210 0.1%
SSE PLC 35,000 900 0.3%
Sun Life Financial Inc. 56,800 2,928 0.9%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 590,000 605 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 450,000 452 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 787 0.2%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 140,000 191 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 520,000 683 0.2%
TD Securities Inc. 1.45% 12-01-2021 280,000 276 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 230,000 290 0.1%
Tencent Holdings Ltd. 78,000 2,544 0.7%
Tenet Healthcare Corp. 6.75% 06-15-2023 170,000 202 0.1%
The Bank of Nova Scotia 63,000 4,710 1.4%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,130,000 1,122 0.3%
The Dow Chemical Co. 29,900 2,299 0.7%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 130,000 136 0.0%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 410,000 429 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,070,000 1,003 0.3%
The Link Real Estate Investment Trust 212,400 1,843 0.5%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 390,000 391 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 270,000 274 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 50,000 66 0.0%
The Procter & Gamble Co. 21,700 2,451 0.7%
The Progressive Corp. 19,600 935 0.3%
The Toronto-Dominion Bank 135,500 8,973 2.7%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,240,000 1,207 0.4%
The Toronto-Dominion Bank 2.05% 12-01-2022 218,978 218 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 710,000 715 0.2%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 800,000 876 0.3%
The Toronto-Dominion Bank 5.375% 07-01-2028 2,489,078 2,914 0.9%
The Williams Companies Inc. 67,800 2,837 0.8%
Thomson Reuters Corp. 32,900 1,933 0.6%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 390,000 405 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 440,000 480 0.1%
Toromont Industries Ltd. 23,300 987 0.3%
Toyota Credit Canada Inc. 2.20% 02-25-2021 450,000 454 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 164,972 217 0.1%
TransAlta Corp. 5.00% 11-25-2020 260,000 267 0.1%
TransCanada Corp. 23,400 1,417 0.4%
TransCanada Corp. 4.00% Pfd. Series 7 2,259 43 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 1,911 38 0.0%
TransCanada Corp. Pfd. Series 15 34,224 871 0.3%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 580,000 602 0.2%
Transcontinental Inc. Class A Sub. voting 86,000 1,908 0.6%
Trillium Windpower LP 5.803% 02-15-2033 202,789 226 0.1%
Turquoise Hill Resources Ltd. 383,498 1,653 0.5%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 150,000 203 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 550,000 550 0.2%
United Rentals Inc. 12,600 1,787 0.5%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 1,460,000 2,007 0.6%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 306,451 414 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 100,000 104 0.0%
Valener Inc. 42,800 897 0.3%
Verizon Communications Inc. 22,100 1,585 0.5%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 730,000 902 0.3%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 40,000 41 0.0%
Visa Inc. Class A 20,500 2,149 0.6%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 100,000 101 0.0%
VW Credit Canada Inc. F/R 04-03-2017 410,000 410 0.1%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 150,000 152 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 160,000 209 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 1,150,000 1,150 0.3%
Wells Fargo & Co. 2.51% 10-27-2023 390,000 383 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 370,000 380 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 520,000 542 0.2%
Western Forest Products Inc. 946,300 1,789 0.5%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 229,425 310 0.1%
Westshore Terminals Investment Corp. 108,800 2,817 0.8%
Whitecap Resources Inc. 137,900 1,677 0.5%
Whiting Petroleum Corp. 123,900 2,001 0.6%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 220,000 296 0.1%
WPP PLC 69,700 2,095 0.6%
WPX Energy Inc. 84,000 1,644 0.5%
WTH Car Rental ULC 1.912% 07-20-2020 140,000 138 0.0%
Total Investments -- 340,057 99.5%
Cash & Equivalents -- 1,986 0.6%
Currency Hedge Contracts -- -203 -0.1%
Other Assets (Liabilities) -- 68 0.0%
Total Net Assets -- 341,908 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 31.7% | FI : 28.3%
    60.0%
      United States
    EQ : 17.9% | FI : 5.7%
    23.6%
      Other
    EQ : 7.8% | FI : 2.6%
    10.4%
      United Kingdom
    EQ : 2.2%
    2.2%
      Japan
    EQ : 2.0%
    2.0%
      Denmark
    FI : 0.6%
    0.6%
      Australia
    FI : 0.5%
    0.5%
      Cash & Equivalents 0.7%
  • Sector Allocation
      Fixed Income 37%
      Financials 16.7%
      Information Technology 8.1%
      Industrials 7.9%
      Energy 6.6%
      Consumer Discretionary 5.7%
      Materials 5.7%
      Health Care 3.8%
      Consumer Staples 3.4%
      Other 2.4%
      Utilities 1.7%
      Telecommunication Serv. 1%
Credit Allocation (%)
AAA 8.4%
AA 6.4%
A 11.5%
BBB 6.6%
BB 1%
B 2.3%
C 0.1%
NR 1.4%
Cash & Equivalents 0.7%
Equities 61.6%

Other Canadian Balanced Funds

Portfolio Managers

Richard B. Weed, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Systematic Strategies Team

Investment experience since 1992

Matthew Cardillo, CFA

Portfolio Manager

Mackenzie Systematic Strategies Team

Investment experience since 2000

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

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 50% S&P/TSX Composite Index and 50% 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).