Fund Portfolio – Mackenzie Canadian Large Cap Dividend Class Series A MFC1598 MFC1854 MFC7118 MFC2182 | Mackenzie Investments

Mackenzie Canadian Large Cap Dividend Class Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of October 31, 2017
Major holdings represent 40.8% of the fund.
View all holdings
Total # of
Equity Holdings
123
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
6.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
6.2%
Royal Bank of Canada
Canada | Diversified Banks
5.2%
Bank of Montreal
Canada | Diversified Banks
4.2%
Manulife Financial Corp
Canada | Life & Health Insurance
4.0%
Canadian Pacific Railway Ltd
Canada | Railroads
3.5%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
3.2%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
3.0%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.9%
SNC-Lavalin Group Inc
Canada | Construction & Engineering
2.3%

Complete Fund Holdings Help Full holdings list

As of August 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 600 153 0.2%
AbbVie Inc. 1,800 169 0.3%
Admiral Group PLC 4,000 125 0.2%
Aena SA 600 146 0.2%
Agrium Inc. 6,450 790 1.3%
Air Liquide SA 1,298 198 0.3%
Alimentation Couche-Tard Inc. Class B Sub. voting 22,300 1,330 2.1%
Allergan PLC 700 201 0.3%
Allied Properties Real Estate Investment Trust 14,643 567 0.9%
Altria Group Inc. 1,546 122 0.2%
Anheuser-Busch InBev NV 600 89 0.1%
Apple Inc. 900 184 0.3%
ARC Resources Ltd. 57,648 945 1.5%
Atlantia SPA 4,800 193 0.3%
Atlas Copco AB A 2,900 142 0.2%
B3 SA- Brasil Bolsa Balcao 13,996 123 0.2%
Bank of Montreal 27,895 2,500 4.0%
Barrick Gold Corp. 12,455 280 0.4%
Bayer AG 1,200 192 0.3%
Becton, Dickinson and Co. 998 249 0.4%
Brenntag AG 1,400 93 0.1%
British American Tobacco PLC 2,600 203 0.3%
Broadcom Ltd. 900 283 0.4%
Brookfield Asset Management Inc. Class A limited voting 35,896 1,773 2.8%
Bureau Veritas SA 1,900 56 0.1%
Canadian Natural Resources Ltd. 41,632 1,602 2.5%
Canadian Pacific Railway Ltd. 10,313 2,004 3.2%
Canadian Tire Corp. Ltd. Class A non-voting 5,659 836 1.3%
Canadian Utilities Ltd. Class A non-voting 4,938 192 0.3%
Chemtrade Logistics Income Fund 43,625 816 1.3%
China Mobile Ltd. 9,400 125 0.2%
Cielo SA 7,356 66 0.1%
CME Group Inc. 1,100 173 0.3%
Cogeco Communications Inc. 4,200 392 0.6%
Compagnie Financiere Richemont SA 1,300 145 0.2%
Corus Entertainment Inc. Class B non-voting 11,424 157 0.2%
Crescent Point Energy Corp. 84,415 723 1.1%
Deutsche Boerse AG 2,200 294 0.5%
Diageo PLC 1,800 75 0.1%
Element Fleet Management Corp. 53,500 501 0.8%
Enbridge Inc. 25,400 1,268 2.0%
Fanuc Corp. 500 121 0.2%
Fortis Inc. 28,355 1,296 2.1%
General Electric Co. 7,900 242 0.4%
Genworth MI Canada Inc. 11,631 418 0.7%
Goldcorp Inc. 60,532 1,039 1.6%
H&R Real Estate Investment Trust 26,243 561 0.9%
Hang Lung Properties Ltd. 47,600 145 0.2%
Harley-Davidson Inc. 1,900 112 0.2%
Heineken Holding NV A 1,300 160 0.3%
Honeywell International Inc. 900 155 0.2%
HSBC Holdings PLC 17,500 212 0.3%
Industrial Alliance Insurance and Financial Services Inc. 10,308 552 0.9%
Intact Financial Corp. 4,960 511 0.8%
Intact Financial Corp. Subscription Receipts 4,095 419 0.7%
iShares Core MSCI Canadian Quality Dividend Index ETF 16,600 332 0.5%
iShares S&P/TSX 60 Index ETF 10 0.0%
Japan Exchange Group Inc. 7,200 153 0.2%
Jardine Matheson Holdings Ltd. 1,200 98 0.2%
Johnson & Johnson 1,200 198 0.3%
Johnson Controls International PLC 3,000 148 0.2%
JPMorgan Chase & Co. 1,800 204 0.3%
KAR Auction Services Inc. 1,900 107 0.2%
Keyera Corp. 13,949 506 0.8%
Killam Apartment Real Estate Investment Trust 30,793 401 0.6%
Kinder Morgan Canada Ltd. 21,151 367 0.6%
Kinder Morgan Inc. 7,900 191 0.3%
Koninklijke Philips NV 4,509 213 0.3%
Kweichow Moutai Co. Ltd. 1,498 139 0.2%
Labrador Iron Ore Royalty Corp. 15,838 317 0.5%
Lawson Inc. 1,400 117 0.2%
Loblaw Companies Ltd. 15,414 1,044 1.7%
Lockheed Martin Corp. 500 191 0.3%
Mackenzie International Dividend Fund Series R 12,800 142 0.2%
Magna International Inc. 14,186 852 1.4%
Manulife Financial Corp. 101,463 2,489 4.0%
McDonald's Corp. 855 171 0.3%
Micro Focus International PLC 2,721 100 0.2%
Microsoft Corp. 3,300 308 0.5%
Monsanto Co. 1,000 146 0.2%
Moody's Corp. 1,200 201 0.3%
Motorola Solutions Inc. 1,000 110 0.2%
Mullen Group Ltd. 25,860 396 0.6%
Nasdaq Inc. 1,400 132 0.2%
Nestlé SA Reg. 2,400 254 0.4%
Nidec Corp. 400 57 0.1%
Nike Inc. Class B 1,662 110 0.2%
Northern Trust Corp. 1,149 127 0.2%
Northland Power Inc. 21,036 504 0.8%
Novo Nordisk AS B 3,300 197 0.3%
Oaktree Capital Group LLC 3,131 179 0.3%
Occidental Petroleum Corp. 2,100 157 0.2%
Oracle Corp. 3,300 207 0.3%
Outfront Media Inc. 3,296 91 0.1%
Owens & Minor Inc. 4,216 147 0.2%
Pembina Pipeline Corp. 14,021 564 0.9%
Pernod Ricard SA 500 85 0.1%
Philip Morris International Inc. 1,500 219 0.3%
Pure Multi-Family REIT LP 37,449 297 0.5%
RioCan Real Estate Investment Trust 19,357 461 0.7%
Roche Holding AG Genusscheine 600 190 0.3%
Rogers Communications Inc. Class B non-voting 21,787 1,420 2.3%
Royal Bank of Canada 33,760 3,129 5.0%
Sabre Corp. 8,418 194 0.3%
Safran SA 2,000 243 0.4%
Sands China Ltd. 27,899 156 0.2%
SAP AG 1,300 170 0.3%
Schindler Holding AG PC 600 160 0.3%
Schlumberger Ltd. 1,600 127 0.2%
Shaw Communications Inc. Class B non-voting 27,906 777 1.2%
SNC-Lavalin Group Inc. 26,411 1,441 2.3%
Sun Life Financial Inc. 4,758 228 0.4%
Suncor Energy Inc. 12,366 484 0.8%
Teck Resources Ltd. Class B 25,490 792 1.3%
TELUS Corp. 7,177 324 0.5%
Tencent Holdings Ltd. 2,400 126 0.2%
The Bank of Nova Scotia 49,955 3,881 6.7%
The Kraft Heinz Co. 1,300 131 0.2%
The Sherwin-Williams Co. 300 127 0.2%
The Toronto-Dominion Bank 56,001 3,755 6.0%
Tong Ren Tang Technologies Co. Ltd. 33,300 58 0.1%
TransCanada Corp. 34,098 2,162 3.4%
Unilever NV CVA 2,000 149 0.2%
Veresen Inc. 57,851 1,018 1.6%
Visa Inc. Class A 1,400 181 0.3%
Wells Fargo & Co. 4,200 268 0.4%
WestJet Airlines Ltd. 18,499 493 0.8%
Total Investments -- 62,031 98.6%
Cash & Equivalents -- 833 1.3%
Currency Hedge Contracts -- 16 0.0%
Other Assets (Liabilities) -- 91 0.1%
Total Net Assets -- 62,971 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of November 30, 2017
  • Regional Allocation
      Canada
    77.3%
      United States
    11.3%
      Other
    2.6%
      United Kingdom
    1.8%
      Germany
    1.4%
      Switzerland
    1.3%
      France
    1.1%
      Japan
    0.9%
      China
    0.8%
      Netherlands
    0.7%
      Cash & Equivalents 0.8%
  • Sector Allocation
      Financials 36.7%
      Energy 16.8%
      Industrials 9.7%
      Consumer Staples 7.4%
      Consumer Discretionary 5.8%
      Materials 4.9%
      Information Technology 4.7%
      Real Estate 3.7%
      Utilities 3.4%
      Other 3.3%
      Health Care 2.8%
      Cash & Equivalents 0.8%

Other Canadian Equity Funds

Portfolio Managers

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie All Cap Value Team

Investment experience since 1996

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Effective September 29, 2016, Mackenzie Investments will no longer permit purchases of securities in Series O, O6, PWX, and PWX8  in the Corporate Class version of this fund.

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 80% S&P/TSX Composite Dividend Index and 20% MSCI World 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.