Fund Portfolio – Mackenzie Canadian Large Cap Dividend Class Series F MFC2006 | Mackenzie Investments

Mackenzie Canadian Large Cap Dividend Class Series F

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2019
Major holdings represent 46.3% of the fund.
View all holdings
Total # of
Equity Holdings
120
Holding name, country and sector Percentage of holding in fund
Toronto-Dominion Bank/The
Canada | Diversified Banks
7.7%
Bank of Nova Scotia/The
Canada | Diversified Banks
7.1%
Royal Bank of Canada
Canada | Diversified Banks
6.3%
Shaw Communications Inc
Canada | Cable & Satellite
4.5%
Manulife Financial Corp
Canada | Life & Health Insurance
4.2%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
4.1%
TELUS Corp
Canada | Integrated Telecomm. Services
3.5%
Suncor Energy Inc
Canada | Integrated Oil & Gas
3.2%
Enbridge Inc
Canada | Oil & Gas Storage & Transport
3.2%
Canadian Pacific Railway Ltd
Canada | Railroads
2.6%

Complete Fund Holdings Help Full holdings list

As of February 28, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Aena SA 2,232 524 0.2%
Agnico-Eagle Mines Ltd. 5,801 325 0.1%
AIA Group Ltd. 22,750 299 0.1%
Air Liquide SA 3,589 589 0.3%
Algonquin Power & Utilities Corp. 26,897 393 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 30,695 2,277 1.0%
Allergan PLC 5,127 929 0.4%
Allied Properties Real Estate Investment Trust 46,309 2,223 1.0%
Altria Group Inc. 5,661 390 0.2%
Apple Inc. 1,655 377 0.2%
ARC Resources Ltd. 124,237 1,235 0.6%
Atlas Copco AB A 6,870 245 0.1%
B3 SA- Brasil Bolsa Balcao 22,718 261 0.1%
Baker Hughes a GE Co. 6,795 236 0.1%
Bank of Montreal 54,856 5,629 2.6%
Barrick Gold Corp. 27,546 457 0.2%
Bayer AG 4,330 455 0.2%
Becton, Dickinson and Co. 2,579 844 0.4%
Brenntag AG 4,747 310 0.1%
British American Tobacco PLC 6,254 301 0.1%
Broadcom Inc. 1,097 397 0.2%
Brookfield Asset Management Inc. Class A limited voting 28,964 1,722 0.8%
Cabot Oil & Gas Corp. 5,121 166 0.1%
Canadian National Railway Co. 54,017 6,100 2.8%
Canadian Natural Resources Ltd. 143,618 5,368 2.5%
Canadian Pacific Railway Ltd. 18,127 4,929 2.3%
Canadian Tire Corp. Ltd. Class A non-voting 5,613 815 0.4%
CCL Industries Inc. Class B non-voting 12,229 657 0.3%
China Mobile Ltd. 14,689 203 0.1%
Cisco Systems Inc. 4,180 285 0.1%
CME Group Inc. 2,228 533 0.2%
Compagnie Financiere Richemont SA 2,731 275 0.1%
Constellation Brands Inc. Class A 1,724 384 0.2%
Dentsply Sirona Inc. 9,768 537 0.2%
Deutsche Boerse AG 4,214 700 0.3%
Diageo PLC 5,896 300 0.1%
Emera Inc. 77,384 3,623 1.7%
Enbridge Inc. 195,985 9,541 4.5%
EnCana Corp. 186,575 1,802 0.8%
Entertainment One Ltd. 221,954 1,628 0.7%
Equifax Inc. 3,331 480 0.2%
Eurofins Scientific 533 295 0.1%
Fortis Inc. 57,967 2,751 1.3%
George Weston Ltd. 39,641 3,718 1.7%
Harley-Davidson Inc. 6,162 301 0.1%
Heineken Holding NV A 3,943 502 0.2%
Honeywell International Inc. 2,136 433 0.2%
HSBC Holdings PLC 32,376 346 0.2%
Intact Financial Corp. 11,765 1,294 0.6%
iShares MSCI EAFE ETF 72,130 6,098 2.8%
iShares S&P/TSX 60 Index ETF 96,737 2,312 1.1%
Japan Exchange Group Inc. 19,128 444 0.2%
Johnson & Johnson 3,019 543 0.2%
JPMorgan Chase & Co. 4,223 580 0.3%
Kao Corp. 3,647 363 0.2%
Keyence Corp. 341 262 0.1%
Kinder Morgan Inc. 23,200 585 0.3%
Koninklijke Philips NV 10,805 566 0.3%
Kweichow Moutai Co. Ltd. Class A 1,461 217 0.1%
Linde PLC 1,099 250 0.1%
Loblaw Companies Ltd. 51,689 3,388 1.6%
Lockheed Martin Corp. 1,112 452 0.2%
London Stock Exchange Group PLC 3,822 301 0.1%
Lundin Mining Corp. 125,200 836 0.4%
Mackenzie International Dividend Fund Series R 20,200 233 0.1%
Magna International Inc. 25,015 1,737 0.8%
Manulife Financial Corp. 346,872 7,714 3.5%
McDonald's Corp. 1,237 299 0.1%
Methanex Corp. 9,011 667 0.3%
Micro Focus International PLC 18,021 588 0.3%
Microsoft Corp. 7,345 1,082 0.5%
Moody's Corp. 1,961 447 0.2%
Mowi ASA 8,477 257 0.1%
Murata Manufacturing Co. Ltd. 675 138 0.1%
Nestlé SA Reg. 7,020 836 0.4%
New Oriental Education & Technology Group Inc. ADR 1,949 210 0.1%
Nidec Corp. 291 46 0.0%
Nike Inc. Class B 1,894 214 0.1%
Nokia OYJ 39,246 312 0.1%
Northern Trust Corp. 2,298 282 0.1%
Novo Nordisk AS B 7,728 499 0.2%
Nutrien Ltd. 42,677 3,057 1.4%
Oaktree Capital Group LLC 9,213 513 0.2%
Occidental Petroleum Corp. 4,863 423 0.2%
Open Text Corp. 56,254 2,806 1.3%
Oracle Corp. 5,245 360 0.2%
Otsuka Corp. 3,706 175 0.1%
Parkland Fuel Corp. 41,155 1,515 0.7%
Pembina Pipeline Corp. 48,734 2,347 1.1%
Pernod Ricard SA* 1,191 270 0.1%
Philip Morris International Inc. 5,737 656 0.3%
Power Corp. of Canada Sub. Voting* 31,593 887 0.4%
Power Financial Corp.* 30,403 893 0.4%
PrairieSky Royalty Ltd. 9,493 182 0.1%
Pure Multi-Family REIT LP 82,951 713 0.3%
RioCan Real Estate Investment Trust 64,051 1,610 0.7%
Roche Holding AG Genusscheine 1,545 565 0.3%
Rogers Communications Inc. Class B non-voting 11,964 870 0.4%
Royal Bank of Canada 133,936 13,774 6.4%
Sabre Corp. 8,791 259 0.1%
Safran SA 4,089 734 0.3%
Sands China Ltd. 55,524 365 0.2%
SAP AG 3,106 438 0.2%
Shaw Communications Inc. Class B non-voting 309,860 8,410 3.9%
Sika AG 2,631 468 0.2%
SNC-Lavalin Group Inc. 28,631 1,041 0.5%
Sony Corp. 4,530 286 0.1%
SPDR S&P 500 ETF Trust 21,018 7,704 3.5%
Starbucks Corp. 5,862 542 0.2%
Stella-Jones Inc. 12,245 505 0.2%
Sun Life Financial Inc. 84,786 4,224 1.9%
Suncor Energy Inc. 154,793 7,021 3.2%
Taiwan Semiconductor Manufacturing Co. Ltd. 26,131 266 0.1%
TELUS Corp. 151,897 7,261 3.3%
Tencent Holdings Ltd. 6,645 374 0.2%
Texas Instruments Inc. 2,148 299 0.1%
The Bank of Nova Scotia 213,553 15,618 7.3%
The Kraft Heinz Co. 2,565 112 0.1%
The Sherwin-Williams Co. 1,033 588 0.3%
The Toronto-Dominion Bank 217,036 16,377 7.6%
TransCanada Corp. 147,180 8,662 4.0%
Unilever NV CVA 5,529 394 0.2%
United Technologies Corp. 3,664 606 0.3%
Visa Inc. Class A 2,394 466 0.2%
Walgreens Boots Alliance Inc. 3,164 296 0.1%
Wells Fargo & Co. 5,471 359 0.2%
Total Investments -- 216,433 99.3%
Cash & Equivalents -- 1,232 0.6%
Currency Hedge Contracts -- 12 0.0%
Other Assets (Liabilities) -- 240 0.1%
Total Net Assets -- 217,917 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2019
  • Regional Allocation
      Canada
    79.2%
      United States
    10.2%
      Other
    2.4%
      Switzerland
    1.5%
      United Kingdom
    1.4%
      Germany
    1.3%
      Japan
    1.3%
      France
    1.0%
      Netherlands
    0.7%
      China
    0.5%
      Cash & Equivalents 0.5%
  • Sector Allocation
      Financials 34.6%
      Energy 17.4%
      Industrials 8.5%
      Communication Serv. 8.2%
      Consumer Staples 7.2%
      Information Technology 5.3%
      Materials 5%
      Other 3.7%
      Consumer Discretionary 3.3%
      Utilities 3.2%
      Health Care 3.1%
      Cash & Equivalents 0.5%

Other Canadian Equity Funds

Portfolio Managers

Martin Downie, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie North American Equities Team

Investment experience since 1984

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Tim Johal, CFA

Vice President, Portfolio Manager

Mackenzie North American Equities 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.

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 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.