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 July 31, 2017
Major holdings represent 39.2% 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
6.1%
Toronto-Dominion Bank/The
Canada | Diversified Banks
5.7%
Royal Bank of Canada
Canada | Diversified Banks
5.0%
Manulife Financial Corp
Canada | Life & Health Insurance
4.1%
Bank of Montreal
Canada | Diversified Banks
4.1%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
3.4%
Canadian Pacific Railway Ltd
Canada | Railroads
3.2%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
2.7%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.5%
Rogers Communications Inc
Canada | Wireless Telecomm. Services
2.3%

Complete Fund Holdings Help Full holdings list

As of May 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 9,700 2,679 0.2%
Abbott Laboratories 30,300 1,869 0.2%
AbbVie Inc. 33,200 2,960 0.2%
Admiral Group PLC 77,700 2,754 0.2%
Agrium Inc. 116,500 14,542 1.2%
Air Liquide SA 25,161 4,142 0.3%
Alimentation Couche-Tard Inc. Class B Sub. voting 374,900 23,424 2.0%
Allergan PLC 12,600 3,808 0.3%
Allied Properties Real Estate Investment Trust 272,700 10,431 0.9%
Altria Group Inc. 31,535 3,213 0.3%
Anheuser-Busch InBev NV 12,200 1,922 0.2%
Apple Inc. 18,700 3,858 0.3%
ARC Resources Ltd. 939,169 15,844 1.3%
Atlantia SPA 89,200 3,354 0.3%
Atlas Copco AB A 55,900 2,793 0.2%
Bank of Montreal 503,440 45,647 3.8%
Barrick Gold Corp. 379,139 8,470 0.7%
Bayer AG 20,800 3,727 0.3%
Becton, Dickinson and Co. 16,624 4,249 0.4%
BM&FBOVESPA SA 255,611 1,965 0.2%
British American Tobacco PLC 50,600 4,870 0.4%
Broadcom Ltd. 15,400 4,981 0.4%
Brookfield Asset Management Inc. Class A limited voting 693,810 35,481 3.0%
Bureau Veritas SA 64,700 2,003 0.2%
Canadian Imperial Bank of Commerce 1 0.0%
Canadian National Railway Co. 50,200 5,257 0.4%
Canadian Natural Resources Ltd. 703,166 27,381 2.3%
Canadian Pacific Railway Ltd. 183,019 39,115 3.3%
Canadian Tire Corp. Ltd. Class A non-voting 86,941 13,368 1.1%
Canadian Utilities Ltd. Class A non-voting 144,030 5,888 0.5%
Chemtrade Logistics Income Fund 712,187 12,591 1.0%
China Mobile Ltd. 153,000 2,293 0.2%
Cielo SA 142,225 1,354 0.1%
CME Group Inc. 20,300 3,216 0.3%
Cogeco Communications Inc. 74,700 5,900 0.5%
Compagnie Financiere Richemont SA 23,800 2,682 0.2%
Corus Entertainment Inc. Class B non-voting 207,438 2,771 0.2%
Crescent Point Energy Corp. 1,367,272 16,024 1.3%
Croda International PLC 19,208 1,325 0.1%
Deutsche Boerse AG 39,700 5,571 0.5%
Diageo PLC 33,900 1,373 0.1%
Element Fleet Management Corp. 922,400 7,896 0.7%
Fanuc Corp. 9,500 2,522 0.2%
Fortis Inc. 521,359 23,185 1.9%
General Electric Co. 125,800 4,652 0.4%
Genworth MI Canada Inc. 215,977 6,605 0.6%
Gibson Energy Inc. 447,745 8,024 0.7%
Goldcorp Inc. 1,123,775 20,644 1.7%
H&R Real Estate Investment Trust 351,472 8,056 0.7%
Hang Lung Properties Ltd. 914,000 3,192 0.3%
Harley-Davidson Inc. 28,500 2,041 0.2%
Heineken Holding NV A 27,100 3,403 0.3%
Honeywell International Inc. 14,900 2,676 0.2%
HSBC Holdings PLC 320,700 3,771 0.3%
Intact Financial Corp. 150,662 13,978 1.2%
Intact Financial Corp. Subscription Receipts 76,552 7,008 0.6%
Japan Exchange Group Inc. 131,900 2,879 0.2%
Japan Tobacco Inc. 6,800 345 0.0%
Jardine Matheson Holdings Ltd. 20,800 1,795 0.1%
Johnson & Johnson 23,400 4,053 0.3%
Johnson Controls International PLC 48,300 2,724 0.2%
JPMorgan Chase & Co. 35,000 3,883 0.3%
KAR Auction Services Inc. 36,201 2,130 0.2%
Keyera Corp. 254,400 10,227 0.9%
Killam Apartment Real Estate Investment Trust 558,017 7,087 0.6%
Kinder Morgan Canada Ltd. 283,200 4,557 0.4%
Koninklijke Philips NV 77,247 3,688 0.3%
Kweichow Moutai Co. Ltd. 28,246 2,481 0.2%
Labrador Iron Ore Royalty Corp. 244,286 4,165 0.3%
Lawson Inc. 25,200 2,320 0.2%
Loblaw Companies Ltd. 238,104 18,179 1.5%
Lockheed Martin Corp. 8,900 3,379 0.3%
Mackenzie International Dividend Fund Series R 226,000 2,669 0.2%
Magna International Inc. 356,159 21,537 1.8%
Manulife Financial Corp. 2,175,332 50,750 4.2%
McDonald's Corp. 18,754 3,822 0.3%
Microsoft Corp. 65,400 6,169 0.5%
Monsanto Co. 18,900 2,997 0.2%
Moody's Corp. 22,200 3,552 0.3%
Motorola Solutions Inc. 22,000 2,483 0.2%
Mullen Group Ltd. 532,474 7,939 0.7%
Nasdaq Inc. 26,100 2,385 0.2%
Nestlé SA Reg. 42,300 4,876 0.4%
Northern Trust Corp. 20,727 2,448 0.2%
Northland Power Inc. 418,853 9,780 0.8%
Novo Nordisk AS B 63,000 3,617 0.3%
Oaktree Capital Group LLC 52,211 3,269 0.3%
Occidental Petroleum Corp. 36,500 2,905 0.2%
Oracle Corp. 62,500 3,832 0.3%
Outfront Media Inc. 62,851 1,940 0.2%
Owens & Minor Inc. 59,752 2,573 0.2%
Pembina Pipeline Corp. 427,968 18,475 1.5%
Pernod Ricard SA 7,300 1,339 0.1%
Philip Morris International Inc. 31,700 5,129 0.4%
Potash Corp. of Saskatchewan Inc. 471,564 10,521 0.9%
RioCan Real Estate Investment Trust 355,112 8,984 0.7%
Roche Holding AG Genusscheine 10,900 4,041 0.3%
Rogers Communications Inc. Class B non-voting 420,219 26,474 2.2%
Royal Bank of Canada 623,435 58,210 4.9%
Sabre Corp. 129,250 3,916 0.3%
Safran SA 37,700 4,508 0.4%
Sands China Ltd. 544,081 3,390 0.3%
SAP AG 24,600 3,563 0.3%
Schindler Holding AG PC 12,500 3,621 0.3%
Schlumberger Ltd. 29,500 2,773 0.2%
Shaw Communications Inc. Class B non-voting 506,470 14,617 1.2%
SNC-Lavalin Group Inc. 359,707 18,644 1.6%
SNC-Lavalin Group Inc. Subscription Receipts 77,705 4,013 0.3%
Sun Life Financial Inc. 226,059 10,026 0.8%
Suncor Energy Inc. 541,448 22,892 1.9%
Teck Resources Ltd. Class B 507,400 12,203 1.0%
TELUS Corp. 132,000 6,064 0.5%
Tencent Holdings Ltd. 48,600 2,254 0.2%
The Bank of Nova Scotia 922,115 70,284 6.2%
The Kraft Heinz Co. 23,800 2,964 0.2%
The Sherwin-Williams Co. 5,900 2,644 0.2%
The Toronto-Dominion Bank 1,032,308 66,481 5.5%
The Weir Group PLC 61,538 1,945 0.2%
Tong Ren Tang Technologies Co. Ltd. 595,300 1,265 0.1%
TransCanada Corp. 868,321 54,452 4.5%
Trisura Group Ltd. 4,080 84 0.0%
Unilever NV CVA 39,300 3,023 0.3%
United Parcel Service Inc. (UPS) Class B 15,200 2,176 0.2%
Veresen Inc. 1,064,065 19,536 1.6%
Visa Inc. Class A 25,400 3,267 0.3%
Wells Fargo & Co. 79,700 5,505 0.5%
WestJet Airlines Ltd. 409,976 9,442 0.8%
Total Investments -- 1,174,908 98.0%
Cash & Equivalents -- 18,532 1.5%
Currency Hedge Contracts -- -93 0.0%
Other Assets (Liabilities) -- 6,066 0.5%
Total Net Assets -- 1,199,413 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2017
  • Regional Allocation
      Canada
    79.0%
      United States
    9.9%
      Other
    2.1%
      United Kingdom
    1.4%
      Switzerland
    1.2%
      France
    1.0%
      Germany
    1.0%
      China
    0.7%
      Japan
    0.6%
      Hong Kong
    0.6%
      Cash & Equivalents 2.5%
  • Sector Allocation
      Financials 35.6%
      Energy 17.2%
      Industrials 10.1%
      Materials 7%
      Consumer Staples 6.3%
      Consumer Discretionary 5.7%
      Real Estate 3.8%
      Utilities 3.2%
      Telecommunication Serv. 3.1%
      Information Technology 2.8%
      Other 2.7%
      Cash & Equivalents 2.5%

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

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.