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 October 31, 2017
Major holdings represent 40.4% of the fund.
View all holdings
Total # of
Equity Holdings
122
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
5.1%
Bank of Montreal
Canada | Diversified Banks
4.1%
Manulife Financial Corp
Canada | Life & Health Insurance
4.0%
Canadian Pacific Railway Ltd
Canada | Railroads
3.5%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
3.1%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
2.9%
Canadian Natural Resources Ltd
Canada | Oil & Gas Exploration & Prod.
2.8%
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. 9,700 2,476 0.2%
AbbVie Inc. 33,400 3,141 0.3%
Admiral Group PLC 77,700 2,423 0.2%
Aena SA 11,300 2,756 0.2%
Agrium Inc. 116,500 14,269 1.2%
Air Liquide SA 25,161 3,836 0.3%
Alimentation Couche-Tard Inc. Class B Sub. voting 413,200 24,639 2.1%
Allergan PLC 14,000 4,013 0.3%
Allied Properties Real Estate Investment Trust 272,700 10,556 0.9%
Altria Group Inc. 26,835 2,125 0.2%
Anheuser-Busch InBev NV 10,800 1,598 0.1%
Apple Inc. 15,600 3,196 0.3%
ARC Resources Ltd. 1,068,269 17,520 1.5%
Atlantia SPA 89,200 3,580 0.3%
Atlas Copco AB A 55,900 2,735 0.2%
B3 SA- Brasil Bolsa Balcao 255,611 2,245 0.2%
Bank of Montreal 508,377 45,556 3.9%
Barrick Gold Corp. 230,065 5,174 0.4%
Bayer AG 22,900 3,660 0.3%
Becton, Dickinson and Co. 16,624 4,141 0.4%
Brenntag AG 26,300 1,740 0.1%
British American Tobacco PLC 47,200 3,683 0.3%
Broadcom Ltd. 15,200 4,786 0.4%
Brookfield Asset Management Inc. Class A limited voting 662,895 32,740 2.8%
Bureau Veritas SA 33,300 989 0.1%
Canadian Imperial Bank of Commerce 1 0.0%
Canadian Natural Resources Ltd. 773,666 29,763 2.5%
Canadian Pacific Railway Ltd. 192,419 37,389 3.2%
Canadian Tire Corp. Ltd. Class A non-voting 105,909 15,653 1.3%
Canadian Utilities Ltd. Class A non-voting 92,019 3,581 0.3%
Chemtrade Logistics Income Fund 809,087 15,130 1.3%
China Mobile Ltd. 170,800 2,263 0.2%
Cielo SA 142,225 1,267 0.1%
CME Group Inc. 18,600 2,923 0.2%
Cogeco Communications Inc. 74,700 6,981 0.6%
Compagnie Financiere Richemont SA 25,000 2,791 0.2%
Corus Entertainment Inc. Class B non-voting 211,906 2,920 0.2%
Crescent Point Energy Corp. 1,568,872 13,445 1.1%
Deutsche Boerse AG 39,700 5,299 0.5%
Diageo PLC 33,900 1,419 0.1%
Element Fleet Management Corp. 996,800 9,330 0.8%
Enbridge Inc. 472,100 23,567 2.0%
Fanuc Corp. 8,900 2,157 0.2%
Fortis Inc. 526,171 24,041 2.1%
General Electric Co. 143,500 4,400 0.4%
Genworth MI Canada Inc. 215,977 7,769 0.7%
Goldcorp Inc. 1,125,527 19,314 1.6%
H&R Real Estate Investment Trust 487,838 10,420 0.9%
Hang Lung Properties Ltd. 914,000 2,778 0.2%
Harley-Davidson Inc. 34,800 2,043 0.2%
Heineken Holding NV A 23,300 2,873 0.2%
Honeywell International Inc. 14,900 2,573 0.2%
HSBC Holdings PLC 320,700 3,887 0.3%
Industrial Alliance Insurance and Financial Services Inc. 192,790 10,332 0.9%
Intact Financial Corp. 91,151 9,383 0.8%
Intact Financial Corp. Subscription Receipts 76,552 7,826 0.7%
iShares Core MSCI Canadian Quality Dividend Index ETF 305,400 6,117 0.5%
Japan Exchange Group Inc. 131,900 2,805 0.2%
Jardine Matheson Holdings Ltd. 20,800 1,707 0.1%
Johnson & Johnson 21,500 3,555 0.3%
Johnson Controls International PLC 55,300 2,735 0.2%
JPMorgan Chase & Co. 35,000 3,974 0.3%
KAR Auction Services Inc. 36,201 2,039 0.2%
Keyera Corp. 257,159 9,319 0.8%
Killam Apartment Real Estate Investment Trust 571,498 7,441 0.6%
Kinder Morgan Canada Ltd. 394,349 6,838 0.6%
Kinder Morgan Inc. 143,600 3,467 0.3%
Koninklijke Philips NV 81,947 3,871 0.3%
Kweichow Moutai Co. Ltd. 25,546 2,378 0.2%
Labrador Iron Ore Royalty Corp. 294,386 5,891 0.5%
Lawson Inc. 25,200 2,115 0.2%
Loblaw Companies Ltd. 287,704 19,486 1.7%
Lockheed Martin Corp. 8,100 3,090 0.3%
Mackenzie International Dividend Fund Series R 226,000 2,514 0.2%
Magna International Inc. 261,502 15,714 1.3%
Manulife Financial Corp. 1,878,540 46,081 3.9%
McDonald's Corp. 15,454 3,088 0.3%
Micro Focus International PLC 50,295 1,846 0.2%
Microsoft Corp. 59,600 5,566 0.5%
Monsanto Co. 16,400 2,401 0.2%
Moody's Corp. 21,500 3,599 0.3%
Motorola Solutions Inc. 17,000 1,871 0.2%
Mullen Group Ltd. 478,357 7,324 0.6%
Nasdaq Inc. 26,100 2,457 0.2%
Nestlé SA Reg. 43,600 4,617 0.4%
Nidec Corp. 8,900 1,259 0.1%
Nike Inc. Class B 31,137 2,054 0.2%
Northern Trust Corp. 21,727 2,402 0.2%
Northland Power Inc. 389,645 9,332 0.8%
Novo Nordisk AS B 63,000 3,752 0.3%
Oaktree Capital Group LLC 56,911 3,249 0.3%
Occidental Petroleum Corp. 36,500 2,722 0.2%
Oracle Corp. 62,500 3,929 0.3%
Outfront Media Inc. 62,851 1,727 0.1%
Owens & Minor Inc. 77,452 2,703 0.2%
Pembina Pipeline Corp. 259,368 10,440 0.9%
Pernod Ricard SA 7,300 1,246 0.1%
Philip Morris International Inc. 27,300 3,987 0.3%
Pure Multi-Family REIT LP 696,988 5,534 0.5%
RioCan Real Estate Investment Trust 360,243 8,574 0.7%
Roche Holding AG Genusscheine 11,400 3,614 0.3%
Rogers Communications Inc. Class B non-voting 403,729 26,319 2.2%
Royal Bank of Canada 629,315 58,325 5.0%
Sabre Corp. 153,650 3,539 0.3%
Safran SA 37,700 4,573 0.4%
Sands China Ltd. 506,781 2,835 0.2%
SAP AG 24,600 3,222 0.3%
Schindler Holding AG PC 10,900 2,915 0.2%
Schlumberger Ltd. 28,900 2,293 0.2%
Shaw Communications Inc. Class B non-voting 511,799 14,259 1.2%
SNC-Lavalin Group Inc. 491,512 26,812 2.3%
Sun Life Financial Inc. 87,788 4,209 0.4%
Suncor Energy Inc. 227,985 8,921 0.8%
Teck Resources Ltd. Class B 472,100 14,673 1.3%
TELUS Corp. 133,444 6,033 0.5%
Tencent Holdings Ltd. 42,300 2,221 0.2%
The Bank of Nova Scotia 931,146 72,341 6.8%
The Kraft Heinz Co. 23,000 2,320 0.2%
The Sherwin-Williams Co. 6,600 2,797 0.2%
The Toronto-Dominion Bank 1,041,885 69,869 6.0%
Tong Ren Tang Technologies Co. Ltd. 595,300 1,045 0.1%
TransCanada Corp. 631,380 40,036 3.4%
Unilever NV CVA 36,200 2,691 0.2%
Veresen Inc. 1,064,065 18,717 1.6%
Visa Inc. Class A 23,700 3,065 0.3%
Wells Fargo & Co. 76,700 4,893 0.4%
WestJet Airlines Ltd. 343,176 9,139 0.8%
Total Investments -- 1,145,586 97.8%
Cash & Equivalents -- 21,917 1.9%
Currency Hedge Contracts -- 279 0.0%
Other Assets (Liabilities) -- 4,070 0.3%
Total Net Assets -- 1,171,852 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of November 30, 2017
  • Regional Allocation
      Canada
    77.2%
      United States
    11.7%
      Other
    2.5%
      United Kingdom
    1.8%
      Switzerland
    1.4%
      Germany
    1.4%
      France
    1.1%
      Japan
    0.9%
      China
    0.8%
      Netherlands
    0.7%
      Cash & Equivalents 0.5%
  • Sector Allocation
      Financials 36.6%
      Energy 16.8%
      Industrials 10.1%
      Consumer Staples 7.5%
      Consumer Discretionary 5.8%
      Materials 4.9%
      Information Technology 4.6%
      Real Estate 3.7%
      Utilities 3.4%
      Other 3.2%
      Health Care 2.9%
      Cash & Equivalents 0.5%

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

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

The Series G versions of this fund are closed to new investments.

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.