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 August 31, 2017
Major holdings represent 39.5% of the fund.
View all holdings
Total # of
Equity Holdings
126
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
6.2%
Toronto-Dominion Bank/The
Canada | Diversified Banks
6.0%
Royal Bank of Canada
Canada | Diversified Banks
5.0%
Bank of Montreal
Canada | Diversified Banks
4.0%
Manulife Financial Corp
Canada | Life & Health Insurance
4.0%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
3.5%
Canadian Pacific Railway Ltd
Canada | Railroads
3.2%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
2.8%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.6%
SNC-Lavalin Group Inc
Canada | Construction & Engineering
2.3%

Complete Fund Holdings Help Full holdings list

As of July 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 600 150 0.2%
AbbVie Inc. 1,800 157 0.2%
Admiral Group PLC 4,000 136 0.2%
Aena SA 500 122 0.2%
Agrium Inc. 6,450 805 1.3%
Air Liquide SA 1,298 198 0.3%
Alimentation Couche-Tard Inc. Class B Sub. voting 22,300 1,318 2.1%
Allergan PLC 700 220 0.3%
Allied Properties Real Estate Investment Trust 14,643 559 0.9%
Altria Group Inc. 1,546 125 0.2%
Anheuser-Busch InBev NV 600 90 0.1%
Apple Inc. 900 167 0.3%
ARC Resources Ltd. 57,648 991 1.6%
Atlantia SPA 4,800 182 0.3%
Atlas Copco AB A 2,900 131 0.2%
Bank of Montreal 27,895 2,638 4.2%
Barrick Gold Corp. 12,455 263 0.4%
Bayer AG 1,200 190 0.3%
Becton, Dickinson and Co. 998 250 0.4%
BM&FBOVESPA SA 13,996 115 0.2%
British American Tobacco PLC 2,600 201 0.3%
Broadcom Ltd. 900 277 0.4%
Brookfield Asset Management Inc. Class A limited voting 35,896 1,741 2.7%
Bureau Veritas SA 3,400 96 0.2%
Canadian Natural Resources Ltd. 41,632 1,587 2.5%
Canadian Pacific Railway Ltd. 10,313 2,013 3.2%
Canadian Tire Corp. Ltd. Class A non-voting 5,659 805 1.3%
Canadian Utilities Ltd. Class A non-voting 4,938 195 0.3%
Chemtrade Logistics Income Fund 43,625 761 1.2%
China Mobile Ltd. 9,400 126 0.2%
Cielo SA 7,356 77 0.1%
CME Group Inc. 1,100 168 0.3%
Cogeco Communications Inc. 4,200 366 0.6%
Compagnie Financiere Richemont SA 1,300 138 0.2%
Corus Entertainment Inc. Class B non-voting 11,345 157 0.2%
Crescent Point Energy Corp. 80,015 784 1.2%
Deutsche Boerse AG 2,200 287 0.5%
Diageo PLC 1,800 72 0.1%
Element Fleet Management Corp. 53,500 505 0.8%
Enbridge Inc. 19,900 1,028 1.6%
Fanuc Corp. 600 153 0.2%
Fortis Inc. 28,355 1,289 2.0%
General Electric Co. 7,900 252 0.4%
Genworth MI Canada Inc. 11,631 423 0.7%
Gibson Energy Inc. 24,539 398 0.6%
Goldcorp Inc. 60,532 991 1.6%
H&R Real Estate Investment Trust 21,035 444 0.7%
Hang Lung Properties Ltd. 47,600 148 0.2%
Harley-Davidson Inc. 1,700 103 0.2%
Heineken Holding NV A 1,500 184 0.3%
Honeywell International Inc. 900 153 0.2%
HSBC Holdings PLC 17,500 218 0.3%
Industrial Alliance Insurance and Financial Services Inc. 4,516 261 0.4%
Intact Financial Corp. 8,260 800 1.3%
Intact Financial Corp. Subscription Receipts 4,095 392 0.6%
iShares Core MSCI Canadian Quality Dividend Index ETF 16,600 339 0.5%
iShares S&P/TSX 60 Index ETF 10 0.0%
Japan Exchange Group Inc. 7,200 161 0.3%
Jardine Matheson Holdings Ltd. 1,200 95 0.2%
Johnson & Johnson 1,300 215 0.3%
Johnson Controls International PLC 3,000 146 0.2%
JPMorgan Chase & Co. 1,800 206 0.3%
KAR Auction Services Inc. 1,900 100 0.2%
Keyera Corp. 13,897 541 0.9%
Killam Apartment Real Estate Investment Trust 33,650 413 0.7%
Kinder Morgan Canada Ltd. 15,300 269 0.4%
Kinder Morgan Inc. 7,000 178 0.3%
Koninklijke Philips NV 4,509 215 0.3%
Kweichow Moutai Co. Ltd. 1,498 134 0.2%
Labrador Iron Ore Royalty Corp. 15,838 273 0.4%
Lawson Inc. 1,400 119 0.2%
Loblaw Companies Ltd. 14,214 965 1.5%
Lockheed Martin Corp. 500 182 0.3%
Mackenzie International Dividend Fund Series R 12,800 141 0.2%
Magna International Inc. 14,186 844 1.3%
Manulife Financial Corp. 101,463 2,606 4.1%
McDonald's Corp. 855 165 0.3%
Microsoft Corp. 3,300 299 0.5%
Monsanto Co. 1,100 160 0.3%
Moody's Corp. 1,200 197 0.3%
Motorola Solutions Inc. 1,400 158 0.2%
Mullen Group Ltd. 25,860 413 0.7%
Nasdaq Inc. 1,400 130 0.2%
Nestlé SA Reg. 2,400 253 0.4%
Nike Inc. Class B 1,662 122 0.2%
Northern Trust Corp. 1,149 125 0.2%
Northland Power Inc. 22,644 526 0.8%
Novo Nordisk AS B 3,300 175 0.3%
Oaktree Capital Group LLC 2,954 178 0.3%
Occidental Petroleum Corp. 2,100 162 0.3%
Oracle Corp. 3,300 205 0.3%
Outfront Media Inc. 3,296 94 0.1%
Owens & Minor Inc. 3,716 149 0.2%
Pembina Pipeline Corp. 15,021 638 1.0%
Pernod Ricard SA 500 86 0.1%
Philip Morris International Inc. 1,500 218 0.3%
Potash Corp. of Saskatchewan Inc. 4,095 91 0.1%
Pure Multi-Family REIT LP 34,180 291 0.5%
RioCan Real Estate Investment Trust 19,263 464 0.7%
Roche Holding AG Genusscheine 600 189 0.3%
Rogers Communications Inc. Class B non-voting 22,887 1,484 2.3%
Royal Bank of Canada 33,445 3,111 4.9%
Sabre Corp. 6,718 185 0.3%
Safran SA 2,000 236 0.4%
Sands China Ltd. 27,899 161 0.3%
SAP AG 1,300 172 0.3%
Schindler Holding AG PC 800 215 0.3%
Schlumberger Ltd. 1,600 137 0.2%
Shaw Communications Inc. Class B non-voting 27,805 772 1.2%
SNC-Lavalin Group Inc. 25,611 1,406 2.2%
Sun Life Financial Inc. 8,658 414 0.7%
Suncor Energy Inc. 13,766 560 0.9%
Teck Resources Ltd. Class B 27,290 738 1.2%
TELUS Corp. 7,177 323 0.5%
Tencent Holdings Ltd. 2,600 130 0.2%
The Bank of Nova Scotia 49,471 3,842 6.4%
The Kraft Heinz Co. 1,300 142 0.2%
The Sherwin-Williams Co. 300 126 0.2%
The Toronto-Dominion Bank 55,487 3,566 5.6%
The Weir Group PLC 3,100 93 0.1%
Tong Ren Tang Technologies Co. Ltd. 33,300 60 0.1%
TransCanada Corp. 34,087 2,171 3.4%
Unilever NV CVA 2,000 145 0.2%
Veresen Inc. 57,851 1,053 1.7%
Visa Inc. Class A 1,400 174 0.3%
Wells Fargo & Co. 4,200 282 0.4%
WestJet Airlines Ltd. 21,999 547 0.9%
Total Investments -- 62,275 98.3%
Cash & Equivalents -- 870 1.4%
Currency Hedge Contracts -- 127 0.2%
Other Assets (Liabilities) -- 34 0.1%
Total Net Assets -- 63,306 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2017
  • Regional Allocation
      Canada
    79.5%
      United States
    10.2%
      Other
    2.1%
      United Kingdom
    1.4%
      Germany
    1.2%
      Switzerland
    1.2%
      France
    0.9%
      China
    0.7%
      Japan
    0.7%
      Hong Kong
    0.6%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Financials 35.6%
      Energy 16.8%
      Industrials 10.3%
      Materials 7.2%
      Consumer Staples 6.6%
      Consumer Discretionary 5.9%
      Real Estate 4%
      Utilities 3.2%
      Information Technology 3.1%
      Telecommunication Serv. 3%
      Other 2.8%
      Cash & Equivalents 1.5%

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

Wincy Wong, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 1997

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.