Fund Portfolio – Mackenzie Canadian Money Market Fund Series F MFC2823 | Mackenzie Investments

Mackenzie Canadian Money Market Fund Series F

Asset Class: Money Market

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 25.6% of the fund.
View all holdings
Total # of
Fixed Income Holdings
23
Holding name, country and sector Percentage of holding in fund
Canadian Imperial Bank of Commerce F/R 04-09-2020
Canada | Corporate - Non Convertible
6.1%
Royal Bank of Canada F/R 03-23-2020 [Covered]
Canada | Corporate - Non Convertible
4.8%
National Bank of Canada F/R 06-12-2020
Canada | Corporate - Non Convertible
2.5%
Storm King Funding F/R 09-19-2019
Canada | Corporate - Non Convertible
2.0%
Plaza Trust F/R 09-27-2019
Canada | Corporate - Non Convertible
2.0%
The Bank of Nova Scotia F/R 04-02-2020
Canada | Corporate - Non Convertible
2.0%
Bank of Montreal F/R 03-30-2020
Canada | Corporate - Non Convertible
1.9%
Central 1 Credit Union F/R 02-05-2021
Canada | Corporate - Non Convertible
1.8%
Caisse Centrale Desjardins du Quebec 1.748% 03-02-2020
Canada | Corporate - Non Convertible
1.3%
Canada Housing Trust 1.08% 09-15-2021
Canada | Federal Government
1.2%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Bank of Montreal F/R 03-30-2020 16,000,000 16,023 1.9%
Canada Housing Trust No. 1 1.08% 09-15-2021 10,000,000 10,076 1.2%
Canadian Imperial Bank of Commerce F/R 07-22-2019 45,650,000 45,656 5.5%
Canadian Imperial Bank of Commerce F/R 12-08-2020 9,000,000 9,054 1.1%
Central 1 Credit Union F/R 02-05-2021 14,750,000 14,742 1.8%
Honda Canada Finance Inc. F/R 04-17-2020 9,150,000 9,184 1.1%
Honda Canada Finance Inc. F/R 09-13-2021 5,000,000 4,999 0.6%
Honda Canada Finance Inc. F/R 12-18-2020 1,000,000 1,003 0.1%
HSBC Bank Canada F/R 07-10-2019 22,640,000 22,642 2.8%
John Deere Canada Funding Inc. F/R 09-21-2020 3,900,000 3,909 0.5%
Manulife Bank of Canada F/R 03-04-2021 6,800,000 6,841 0.8%
National Bank of Canada F/R 06-12-2020 21,000,000 21,001 2.6%
Plaza Trust F/R 09-27-2019 16,500,000 16,500 2.0%
Royal Bank of Canada F/R 03-23-2020 Covered 40,000,000 40,129 4.9%
Royal Bank of Canada F/R 08-01-2019 3,000,000 3,001 0.4%
Storm King Funding F/R 09-19-2019 16,755,000 16,755 2.0%
The Bank of Nova Scotia F/R 04-02-2020 16,140,000 16,184 2.0%
The Bank of Nova Scotia F/R 08-27-2019 22,650,000 22,660 2.8%
The Toronto-Dominion Bank F/R 02-18-2020 6,500,000 6,525 0.8%
The Toronto-Dominion Bank F/R 07-31-2019 5,300,000 5,301 0.6%
Toyota Credit Cabada Inc. F/R 10-13-2020 5,000,000 5,013 0.6%
Toyota Credit Canada Inc. F/R 07-24-2020 2,950,000 2,954 0.4%
Toyota Credit Canada Inc. F/R 09-27-2021 8,850,000 8,868 1.1%
Total Investments -- 309,020 37.6%
Cash & Equivalents -- 512,109 62.2%
Other Assets (Liabilities) -- 1,662 0.2%
Total Net Assets -- 822,791 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      Canada
    34.3%
      United States
    0.5%
      Cash & Equivalents 65.2%
  • Sector Allocation
      Fixed Income 34.8%
      Other 24.2%
      Provincial Short Term 14.6%
      Banker's Acceptance 14.1%
      Commercial Papers 11.8%
      Canadian Term Deposit 0.5%

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Note: Series SP is capped to new purchases.

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

Investor Series Fund Code
Front End      MFC1586

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 FTSE Canada 91 Day T-Bill Index measures the return attributable to 91-day Treasury Bills.

†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.

*** This is an annualized historical yield based on the seven day period ended on 19-Sep-2019, annualized in the case of effective yield by compounding the seven day return and does not represent an actual one year return.