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 March 31, 2017
Major holdings represent 16.6% of the fund.
View all holdings
Total # of
Equity Holdings
95
Total # of
Fixed Income Holdings
240
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
2.0%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
1.5%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.5%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
1.5%
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
1.0%

Complete Fund Holdings Help Full holdings list

As of January 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3i Group PLC 182,998 2,095 0.6%
407 International Inc. 2.43% 05-04-2027 MTN Callable 300,000 292 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 340,000 326 0.1%
Adidas AG* 11,400 2,332 0.7%
Advantage Oil & Gas Ltd. 251,815 2,113 0.6%
Aflac Inc. 23,800 2,168 0.6%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 330,000 333 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 200,000 216 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 60,000 63 0.0%
Alimentation Couche-Tard Inc. 3.319% 11-01-2019 Callable 330,000 344 0.1%
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 3,244 1.0%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 301,000 309 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 340,000 351 0.1%
Alphabet Inc. Class A 2,100 2,242 0.7%
Alphabet Inc. Class C 1,606 1,665 0.5%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 464,000 454 0.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 440,000 582 0.2%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 180,000 230 0.1%
Apple Inc. 14,600 2,306 0.7%
Applied Materials Inc. 49,400 2,202 0.6%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 430,000 562 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 370,000 387 0.1%
ARC Resources Ltd. 88,500 1,792 0.5%
Arrow Lakes Power Corp. 5.516% 04-05-2041 69,334 78 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 240,000 244 0.1%
Ashtead Group PLC 48,503 1,274 0.4%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 89,775 118 0.0%
ATCO Ltd. Class I non-voting 26,965 1,236 0.4%
AusNet Services 60,698 95 0.0%
Aviva PLC 4.50% 05-10-2021 240,000 256 0.1%
Banco Bradesco SA Pfd. 158,910 2,146 0.6%
Bank of America Corp. 3.95% 04-21-2025 80,000 103 0.0%
Bank of Montreal 39,800 3,918 1.2%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,040,000 1,026 0.3%
Bank of Montreal 1.88% 03-31-2021 1,370,000 1,372 0.4%
Bank of Montreal 3.32% 06-01-2026 960,000 984 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 670,000 687 0.2%
Barrick Gold Corp. 71,000 1,703 0.5%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 520,000 536 0.2%
Bell Canada 4.70% 09-11-2023 Series MTN 380,000 425 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 160,000 204 0.1%
Best Buy Co. Inc. 38,900 2,254 0.7%
BP Capital Markets PLC 3.497% 11-09-2020 710,000 748 0.2%
Brookfield Asset Management Inc. 3.95% 04-09-2019 530,000 553 0.2%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 565 13 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 13,551 348 0.1%
Brookfield Renewable Energy Partners LP 57,393 2,250 0.7%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 380,000 376 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 890,000 914 0.3%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 140,000 184 0.1%
Bruce Power LP 2.844% 06-23-2021 550,000 561 0.2%
Bruce Power LP 3.969% 06-23-2026 160,000 165 0.0%
CAE Inc. 90,700 1,676 0.5%
Caisse Centrale Desjardins 2.09% 01-17-2022 600,000 602 0.2%
Cameco Corp. 5.67% 09-02-2019 Series D 520,000 559 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 269,325 354 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 195,000 269 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 4,640,000 4,493 1.3%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 206,971 209 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 241,216 242 0.1%
Canadian Credit Card Trust II 1.829% 03-24-2020 750,000 753 0.2%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 600,000 601 0.2%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 430,000 431 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 1,262 0.4%
Canadian National Railway Co. 58,300 5,273 1.6%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 710,000 725 0.2%
Canadian Natural Resources Ltd. 128,400 5,051 1.5%
Canadian Pacific Railway Ltd. 13,600 2,677 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 160,000 170 0.0%
Capital One Financial Corp. 15,600 1,774 0.5%
Cards II Trust 2.155% 10-15-2020 870,000 884 0.3%
CCL Industries Inc. Class B non-voting 4,100 1,098 0.3%
Celestica Inc. Sub. voting 70,325 1,271 0.4%
CenturyLink Inc. 50,000 1,683 0.5%
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 290,000 305 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 880,000 923 0.3%
Christian Dior SA 11,300 3,155 0.9%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 159,200 207 0.1%
Citigroup Inc. 3.39% 11-18-2021 505,000 527 0.2%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 690,000 709 0.2%
City of Montreal 2.75% 09-01-2026 290,000 286 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 570,000 583 0.2%
Cominar REIT 4.247% 05-23-2023 210,000 213 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 460,000 600 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 280,000 391 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 195,635 258 0.1%
Constellation Software Inc. 4,900 2,880 0.8%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 99,744 130 0.0%
Crescent Point Energy Corp. 136,500 2,071 0.6%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 490,000 482 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 341,456 449 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 190,000 187 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 300,000 301 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 330,000 433 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 127,131 154 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 270,000 355 0.1%
Detour Gold Corp. 73,600 1,299 0.4%
Deutsche Wohnen AG 24,400 1,033 0.3%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 180,000 182 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 50,000 68 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 90,000 126 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 90,000 127 0.0%
Dollarama Inc. 33,500 3,301 1.0%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 150,000 184 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 320,000 324 0.1%
Electrocomponents PLC 266,769 2,115 0.6%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 790,000 770 0.2%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 17,900 326 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 380,000 401 0.1%
Enerplus Corp. 144,900 1,681 0.5%
Euronext NV 17,700 1,019 0.3%
Express Scripts Holding Co. 33,400 2,994 0.9%
Facebook Inc. 6,352 1,077 0.3%
Faes Farma SA 219,082 1,057 0.3%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 300,000 315 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 290,000 298 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 410,000 468 0.1%
Fifth Third Bancorp 56,600 1,923 0.6%
First Quantum Minerals Ltd. 240,300 3,943 1.2%
Five Prime Therapeutics Inc. 19,500 1,163 0.3%
Flex Acquisition Co.Inc. 6.88% Callable 2020 144A 100,000 133 0.0%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 119,700 157 0.0%
Fortified Trust 1.67% 07-23-2021 490,000 486 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 230,000 232 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 204,582 173 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 130,000 172 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 220,000 241 0.1%
Fuchs Petrolub SE 28,600 1,699 0.5%
Futures Contracts 34 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 137,143 175 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 638,685 613 0.2%
Genesis Trust II 1.699% 04-15-2020 480,000 481 0.1%
Genworth MI Canada Inc. 34,300 1,119 0.3%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 130,000 186 0.1%
Gilead Sciences Inc. 23,301 2,197 0.6%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 260,000 340 0.1%
Goldcorp Inc. 47,200 993 0.3%
Government of Bermuda 4.854% 02-06-2024 750,000 1,023 0.3%
Government of Canada 1.25% 12-01-2047 Real Return 2,940,000 3,599 1.1%
Government of Canada 2.75% 12-01-2048 6,232,000 6,705 2.0%
Government of Canada 4.00% 12-01-2031 Real Return 10,000 21 0.0%
Government of Portugal 5.125% 10-15-2024 740,000 934 0.3%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 350,000 362 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 360,000 366 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 1,441 0.4%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 354,174 449 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 360,000 360 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 320,000 320 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 310,000 316 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 260,000 265 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 680,000 683 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 390,000 393 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 230,000 231 0.1%
HSBC Bank Canada 1.816% 07-07-2020 450,000 450 0.1%
HSBC Bank Canada 2.449% 01-29-2021 180,000 184 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 450,000 453 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 370,000 374 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 330,000 370 0.1%
Industrial Alliance Insurance and Financial Services Inc. 39,400 2,157 0.6%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 500,000 507 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 140,000 141 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 236,805 307 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 100,000 128 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 590,000 585 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 340,000 329 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 608,348 761 0.2%
Ivanhoe Mines Ltd. 415,400 1,649 0.5%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 240,000 0.0%
JPMorgan Chase & Co. 20,900 2,302 0.7%
JPMorgan Chase & Co. 3.19% 03-05-2021 500,000 520 0.2%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 125,000 162 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 358,849 467 0.1%
Lear Corp. 8,700 1,609 0.5%
Loblaw Companies Ltd. 29,641 2,027 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 150,000 160 0.0%
Mackenzie Global Tactical Bond Fund Series R 135,768 1,325 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 140,662 1,434 0.4%
Manulife Bank of Canada 1.915% 09-01-2021 450,000 447 0.1%
Manulife Financial Corp. 143,700 3,585 1.1%
Marathon Petroleum Corp. 34,000 2,126 0.6%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 70,000 93 0.0%
MCAP Services Corp. 1.85% 03-01-2018 108,199 109 0.0%
Merrill Lynch 1.30% 08-01-2021 909,228 896 0.3%
Merrill Lynch 1.37% 11-01-2021 1,767,576 1,745 0.5%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 793,438 787 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 1,341 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 380,000 378 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 520,000 520 0.2%
National Bank of Canada 2.105% 03-18-2022 900,000 902 0.3%
NHN Corp. 1,200 1,028 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 256,068 284 0.1%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 349,450 451 0.1%
NTT DoCoMo Inc. 60,000 1,872 0.6%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 220,000 253 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 8,720,000 1,705 0.5%
Odebrecht Finance Ltd. 5.25% 06-27-2029 610,000 355 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 150,000 192 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 490,000 500 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 630,000 661 0.2%
Onex Corp. Sub. voting 31,975 2,912 0.9%
OPB Finance Trust 2.98% 01-25-2027 Series F 280,000 282 0.1%
Open Text Corp. 33,886 1,509 0.4%
Packaging Corp. of America 14,400 1,727 0.5%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 140,000 147 0.0%
PDL BioPharma Inc. 426,300 1,221 0.4%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 176,000 177 0.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 350,000 357 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 900,000 948 0.3%
Pier 1 Imports Inc. 130,700 1,237 0.4%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 123,121 161 0.0%
Province of Alberta 3.30% 12-01-2046 1,930,000 1,887 0.6%
Province of British Columbia 2.30% 06-18-2026 110,000 109 0.0%
Province of British Columbia 2.80% 06-18-2048 1,400,000 1,277 0.4%
Province of Manitoba 2.85% 09-05-2046 1,570,000 1,387 0.4%
Province Of Manitoba 3.40% 09-052-2048 1,610,000 1,592 0.5%
Province of Ontario 0% 06-02-2024 1,130,000 938 0.3%
Province of Ontario 0% 06-02-2026 550,000 424 0.1%
Province of Ontario 2.40% 06-02-2026 245,000 242 0.1%
Province of Ontario 2.90% 12-02-2046 3,060,000 2,802 0.8%
Province of Quebec 0% 04-01-2026 580,000 447 0.1%
Province of Quebec 2.50% 09-01-2026 1,485,000 1,476 0.4%
Province Of Quebec 2.75% 09-01-2027 70,000 70 0.0%
Province of Quebec 3.50% 12-01-2045 6,590,000 6,737 2.0%
Prudential Financial Inc. 31,400 4,295 1.3%
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 280,000 369 0.1%
QEP Resources Inc. 80,500 1,827 0.5%
Quanta Services Inc. 42,100 1,966 0.6%
Recordati SPA 38,900 1,438 0.4%
Reliance LP 3.813% 09-15-2020 260,000 263 0.1%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 90,000 91 0.0%
Royal Bank of Canada 76,500 7,157 2.1%
Royal Bank of Canada 1.583% 09-13-2021 570,000 561 0.2%
Royal Bank of Canada 1.65% 07-15-2021 740,000 731 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 280,000 280 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 340,000 340 0.1%
Royal Bank of Canada 3.31% 01-20-2026 1,240,000 1,269 0.4%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 190,000 249 0.1%
Samsung Electronics Co. Ltd. 1,100 2,453 0.7%
Saputo Inc. 72,500 3,473 1.0%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 130,000 131 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 472,553 458 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 120,000 159 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 360,000 402 0.1%
Spin Master Corp. 14,100 444 0.1%
Spy Hill Power LP 4.14% 03-31-2036 205,695 210 0.1%
SSE PLC 35,000 852 0.3%
Sun Life Financial Inc. 83,100 4,268 1.3%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 590,000 608 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 450,000 455 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 790 0.2%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 520,000 664 0.2%
TD Securities Inc. 1.45% 12-01-2021 278,276 275 0.1%
Team Health Holdings Inc. Bridge Loan 05-05-2017 Sr. Unsecured 1,090,000 0.0%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 200,000 263 0.1%
Tencent Holdings Ltd. 78,000 2,674 0.8%
Tenet Healthcare Corp. 6.75% 06-15-2023 170,000 209 0.1%
Tennessee Merger Sub Inc. Term Loan B 1st Lien F/R 01-12-2024 150,000 195 0.1%
The Bank of Nova Scotia 63,000 4,899 1.4%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,130,000 1,127 0.3%
The Dow Chemical Co. 29,900 2,320 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 410,000 428 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,070,000 1,027 0.3%
The Link Real Estate Investment Trust 212,400 1,894 0.6%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 390,000 392 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 270,000 275 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 50,000 61 0.0%
The Procter & Gamble Co. 21,700 2,474 0.7%
The Toronto-Dominion Bank 135,500 9,134 3.0%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,240,000 1,212 0.4%
The Toronto-Dominion Bank 2.05% 12-01-2022 217,637 217 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 450,000 456 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 1,060,000 1,173 0.3%
The Toronto-Dominion Bank 5.375% 07-01-2028 2,476,530 2,894 0.9%
The Williams Companies Inc. 67,800 2,545 0.7%
Thomson Reuters Corp. 32,900 1,919 0.6%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 390,000 407 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 440,000 481 0.1%
Toromont Industries Ltd. 23,300 982 0.3%
Toyota Credit Canada Inc. 2.20% 02-25-2021 450,000 455 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 164,972 210 0.1%
TransAlta Corp. 5.00% 11-25-2020 260,000 272 0.1%
TransCanada Corp. 23,400 1,437 0.4%
TransCanada Corp. 4.00% Pfd. Series 7 2,259 46 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 1,911 41 0.0%
TransCanada Corp. Pfd. Series 15 34,224 871 0.3%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 580,000 605 0.2%
Transcontinental Inc. Class A Sub. voting 86,000 1,864 0.5%
Trillium Windpower LP 5.803% 02-15-2033 202,789 230 0.1%
Turquoise Hill Resources Ltd. 383,498 1,806 0.5%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 339,625 445 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 550,000 550 0.2%
United Continental Holdings Inc. 23,199 2,128 0.6%
United Rentals Inc. 12,600 2,074 0.6%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 1,460,000 1,973 0.6%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 305,677 399 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 100,000 103 0.0%
Valener Inc. 42,800 876 0.3%
Verizon Communications Inc. 22,100 1,410 0.4%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 730,000 863 0.3%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 5,000 5 0.0%
VMware Inc. Class A 20,600 2,347 0.7%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 100,000 99 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 160,000 201 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 1,150,000 1,154 0.3%
Wells Fargo & Co. 2.51% 10-27-2023 390,000 385 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 370,000 383 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 520,000 542 0.2%
Western Forest Products Inc. 946,300 1,760 0.5%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 171,350 224 0.1%
Westshore Terminals Investment Corp. 108,800 2,775 0.8%
Whitecap Resources Inc. 137,900 1,429 0.4%
Whiting Petroleum Corp. 123,900 1,788 0.5%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 220,000 291 0.1%
WPP PLC 69,700 2,102 0.6%
WPX Energy Inc. 84,000 1,523 0.4%
WTH Car Rental ULC 1.912% 07-20-2020 140,000 138 0.0%
Total Investments -- 336,682 99.2%
Cash & Equivalents -- 2,056 0.6%
Currency Hedge Contracts -- 452 0.1%
Other Assets (Liabilities) -- 279 0.1%
Total Net Assets -- 339,469 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of March 31, 2017
  • Regional Allocation
      Canada
    EQ : 34.3% | FI : 27.6%
    61.9%
      United States
    EQ : 17.8% | FI : 5.3%
    23.1%
      Other
    EQ : 7.1% | FI : 2.6%
    9.7%
      United Kingdom
    EQ : 1.8%
    1.8%
      Japan
    EQ : 1.8%
    1.8%
      Denmark
    FI : 0.6%
    0.6%
      Australia
    FI : 0.5%
    0.5%
      Cash & Equivalents 0.6%
  • Sector Allocation
      Fixed Income 35.7%
      Financials 16%
      Information Technology 9.4%
      Industrials 8.5%
      Consumer Discretionary 7.8%
      Energy 6.2%
      Materials 6%
      Health Care 3.3%
      Consumer Staples 3%
      Utilities 1.9%
      Other 1.6%
      Cash & Equivalents 0.6%
Credit Allocation (%)
AAA 7.6%
AA 6.2%
A 11.7%
BBB 6.4%
BB 1.2%
B 1.8%
C 0.2%
NR 1.6%
Cash & Equivalents 0.6%
Equities 62.8%

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 57.5% S&P/TSX Composite Index and 42.5% 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).