Fund Portfolio – Mackenzie Canadian Large Cap Dividend Fund Series A MFC1531 MFC1631 MFC7097 MFC3196 | Mackenzie Investments

Mackenzie Canadian Large Cap Dividend Fund Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2017
Major holdings represent 39.5% of the fund.
View all holdings
Total # of
Equity Holdings
127
Holding name, country and sector Percentage of holding in fund
Bank of Nova Scotia/The
Canada | Diversified Banks
5.9%
Toronto-Dominion Bank/The
Canada | Diversified Banks
5.5%
Royal Bank of Canada
Canada | Diversified Banks
4.9%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
4.5%
Manulife Financial Corp
Canada | Life & Health Insurance
4.2%
Bank of Montreal
Canada | Diversified Banks
3.8%
Canadian Pacific Railway Ltd
Canada | Railroads
3.3%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
3.0%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.3%
Rogers Communications Inc
Canada | Wireless Telecomm. Services
2.2%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 10,300 2,550 0.2%
Abbott Laboratories 43,000 2,575 0.2%
AbbVie Inc. 35,100 2,883 0.2%
Admiral Group PLC 83,796 2,523 0.2%
Agrium Inc. 116,500 14,918 1.2%
Air Liquide SA 26,181 3,754 0.3%
Alimentation Couche-Tard Inc. Class B Sub. voting 374,900 22,142 1.8%
Allergan PLC 13,200 4,293 0.4%
Allied Properties Real Estate Investment Trust 272,700 9,550 0.8%
Altria Group Inc. 32,835 3,268 0.3%
Anheuser-Busch InBev NV 13,467 1,957 0.2%
Apple Inc. 19,700 3,585 0.3%
ARC Resources Ltd. 662,240 13,112 1.1%
Atlantia SPA 83,900 2,609 0.2%
Atlas Copco AB A 60,644 2,638 0.2%
Bank of Montreal 493,141 49,704 4.1%
Barrick Gold Corp. 378,499 9,277 0.8%
Bayer AG 20,673 3,019 0.3%
BCE Inc. 204,734 11,862 1.0%
Becton, Dickinson and Co. 17,624 4,285 0.4%
British American Tobacco PLC 54,587 4,568 0.4%
Broadcom Ltd. 18,600 5,212 0.4%
Brookfield Asset Management Inc. Class A limited voting 691,159 33,065 2.8%
Bureau Veritas SA 68,300 1,731 0.1%
CAE Inc. 255,807 5,103 0.4%
Canadian Imperial Bank of Commerce 1 0.0%
Canadian National Railway Co. 71,900 6,641 0.6%
Canadian Natural Resources Ltd. 703,166 26,784 2.2%
Canadian Pacific Railway Ltd. 183,019 35,767 3.0%
Canadian Tire Corp. Ltd. Class A non-voting 86,293 13,142 1.1%
Canadian Utilities Ltd. Class A non-voting 142,587 5,096 0.4%
Cenovus Energy Inc. 268,001 4,502 0.4%
CETIP SA - Mercados Organizados 185,947 3,722 0.3%
Chemtrade Logistics Income Fund 263,413 4,818 0.4%
Chemtrade Logistics Income Fund Subscription Receipts 448,774 8,280 0.7%
China Mobile Ltd. 157,600 2,308 0.2%
Cielo SA 125,188 1,459 0.1%
CME Group Inc. 21,400 3,453 0.3%
Cogeco Communications Inc. 74,700 5,363 0.4%
Compagnie Financiere Richemont SA 26,061 2,550 0.2%
Corus Entertainment Inc. Class B non-voting 202,860 2,578 0.2%
Crescent Point Energy Corp. 1,148,072 16,773 1.4%
Croda International PLC 20,208 1,168 0.1%
Deutsche Boerse AG 44,866 5,107 0.4%
DH Corp. 183,300 4,181 0.3%
Diageo PLC 32,200 1,203 0.1%
dorma+kaba Holding AG 63 69 0.0%
Element Fleet Management Corp. 839,400 11,810 1.0%
Fanuc Corp. 10,300 2,693 0.2%
FLIR Systems Inc. 94,573 4,612 0.4%
Fortis Inc. 467,879 19,712 1.6%
General Electric Co. 105,400 4,174 0.3%
Genworth MI Canada Inc. 238,277 9,040 0.8%
Gibson Energy Inc. 520,545 9,677 0.8%
Goldcorp Inc. 1,122,296 23,624 2.0%
H&R Real Estate Investment Trust 346,574 8,179 0.7%
Hang Lung Properties Ltd. 965,200 3,237 0.3%
Harley-Davidson Inc. 30,100 2,254 0.2%
Heineken Holding NV A 29,692 2,995 0.2%
Honeywell International Inc. 15,800 2,613 0.2%
HSBC Holdings PLC 328,000 3,493 0.3%
Intact Financial Corp. 149,656 14,092 1.2%
Japan Tobacco Inc. 67,400 2,993 0.2%
Jardine Matheson Holdings Ltd. 22,000 1,817 0.2%
JCDecaux SA 2,189 93 0.0%
Johnson & Johnson 24,700 4,010 0.3%
JPMorgan Chase & Co. 38,300 4,610 0.4%
KAR Auction Services Inc. 38,201 2,274 0.2%
Killam Apartment Real Estate Investment Trust 551,765 6,996 0.6%
Koninklijke Philips NV 68,347 2,744 0.2%
Kweichow Moutai Co. Ltd. 29,846 2,047 0.2%
Labrador Iron Ore Royalty Corp. 265,286 5,048 0.4%
Lawson Inc. 25,600 2,345 0.2%
Loblaw Companies Ltd. 238,104 16,491 1.4%
Lockheed Martin Corp. 9,300 3,293 0.3%
London Stock Exchange Group PLC 2,363 120 0.0%
Luxottica Group SPA 772 54 0.0%
Magna International Inc. 417,374 23,703 2.0%
Manulife Financial Corp. 2,092,495 49,655 4.1%
McDonald's Corp. 20,554 3,485 0.3%
Microsoft Corp. 72,400 6,153 0.5%
Monsanto Co. 19,900 3,009 0.3%
Moody's Corp. 23,500 3,477 0.3%
Motorola Solutions Inc. 36,100 3,787 0.3%
Mullen Group Ltd. 541,274 9,039 0.8%
Nestlé SA Reg. 43,629 4,284 0.4%
Nielsen Holdings PLC 19,700 1,161 0.1%
Northern Trust Corp. 21,927 2,544 0.2%
Northland Power Inc. 413,978 10,126 0.8%
Novo Nordisk AS B 63,807 3,010 0.3%
Oaktree Capital Group LLC 55,111 3,272 0.3%
Occidental Petroleum Corp. 33,500 2,917 0.2%
Oracle Corp. 65,000 3,677 0.3%
Outfront Media Inc. 66,451 2,291 0.2%
Owens & Minor Inc. 61,852 2,964 0.2%
Pembina Pipeline Corp. 424,707 18,228 1.5%
Pernod Ricard SA 8,346 1,267 0.1%
Philip Morris International Inc. 34,000 4,939 0.4%
Potash Corp. of Saskatchewan Inc. 557,635 12,848 1.1%
RioCan Real Estate Investment Trust 350,375 9,348 0.8%
Roche Holding AG Genusscheine 10,852 3,511 0.3%
Rogers Communications Inc. Class B non-voting 488,953 27,264 2.3%
Royal Bank of Canada 612,532 59,097 4.9%
Sabre Corp. 110,100 3,204 0.3%
Safran SA 40,655 3,842 0.3%
Sands China Ltd. 574,481 3,185 0.3%
SAP AG 28,007 3,466 0.3%
Schindler Holding AG PC 13,547 3,479 0.3%
Schlumberger Ltd. 31,100 3,320 0.3%
Shaw Communications Inc. Class B non-voting 570,106 15,758 1.3%
SNC-Lavalin Group Inc. 320,007 17,309 1.4%
Sun Life Financial Inc. 224,132 10,803 0.9%
Suncor Energy Inc. 693,857 28,691 2.4%
Teck Resources Ltd. Class B 416,900 11,069 0.9%
Telefonica Deutschland Holding AG 529,513 3,088 0.3%
Tencent Holdings Ltd. 48,500 1,718 0.1%
The Bank of Nova Scotia 869,047 66,952 5.6%
The Kraft Heinz Co. 25,100 3,051 0.3%
The Sherwin-Williams Co. 5,700 2,336 0.2%
The Toronto-Dominion Bank 1,133,872 77,626 6.4%
The Weir Group PLC 67,175 2,084 0.2%
Tong Ren Tang Technologies Co. Ltd. 541,800 1,320 0.1%
TransCanada Corp. 859,705 52,494 4.4%
Unilever NV CVA 41,500 2,605 0.2%
United Parcel Service Inc. (UPS) Class B 16,100 2,262 0.2%
Veresen Inc. 924,165 12,495 1.0%
Vestas Wind Systems AS 1,055 104 0.0%
Visa Inc. Class A 26,800 3,131 0.3%
Wells Fargo & Co. 84,200 6,474 0.5%
WestJet Airlines Ltd. 409,976 8,937 0.7%
Total Investments -- 1,178,146 98.1%
Cash & Equivalents -- 23,309 1.9%
Currency Hedge Contracts -- -303 0.0%
Other Assets (Liabilities) -- -94 0.0%
Total Net Assets -- 1,201,058 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2017
  • Regional Allocation
      Canada
    78.8%
      United States
    10.3%
      Other
    1.9%
      United Kingdom
    1.6%
      Switzerland
    1.3%
      Germany
    1.1%
      France
    1.0%
      China
    0.7%
      Japan
    0.7%
      Netherlands
    0.6%
      Cash & Equivalents 2.0%
  • Sector Allocation
      Financials 34.5%
      Energy 17.6%
      Industrials 10.3%
      Materials 7.9%
      Consumer Staples 6.6%
      Consumer Discretionary 5.8%
      Real Estate 3.3%
      Utilities 3.2%
      Information Technology 3%
      Other 2.9%
      Telecommunication Serv. 2.9%
      Cash & Equivalents 2%

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

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.