Fund Portfolio – Mackenzie Canadian Small Cap Value Class Series A MFC3743 MFC4222 MFC7195 MFC4230 | Mackenzie Investments

Mackenzie Canadian Small Cap Value Class Series A

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2017
Major holdings represent 29.1% of the fund.
View all holdings
Total # of
Equity Holdings
76
Holding name, country and sector Percentage of holding in fund
Richelieu Hardware Ltd
Canada | Trading Companies/Distributors
4.0%
iShares S&P/TSX Completion Index ETF
Canada | Index Participation Units
3.5%
Winpak Ltd
Canada | Metal & Glass Containers
3.4%
Morneau Shepell Inc
Canada | HR & Employment Services
3.4%
Descartes Systems Group Inc/The
Canada | Application Software
2.9%
Boyd Group Income Fund
Canada | Diversified Support Services
2.8%
Boralex Inc
Canada | Renewable Electricity
2.4%
Intertape Polymer Group Inc
Canada | Metal & Glass Containers
2.3%
iShares S&P/TSX Global Gold Index ETF
Other | Index Participation Units
2.3%
BMO Junior Gold Index ETF
Canada | Index Participation Units
2.1%

Complete Fund Holdings Help Full holdings list

As of May 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Advantage Oil & Gas Ltd. 44,548 379 1.6%
Aecon Group Inc. 21,878 322 1.4%
AG Growth International Inc. 6,167 359 1.5%
Altus Group Ltd. 11,720 354 1.5%
Andrew Peller Ltd. 2,152 24 0.1%
Badger Daylighting Inc. 5,516 129 0.5%
BMO Junior Gold Index ETF 56,454 451 1.9%
Boralex Inc. Class A 24,829 549 2.3%
Boyd Group Income Fund 6,831 683 2.9%
Canadian Western Bank 11,395 277 1.2%
Canyon Services Group Inc. 24,780 169 0.7%
Cargojet Inc. 7,381 334 1.4%
CCL Industries Inc. Class B non-voting 1,132 361 1.5%
Cineplex Inc. 8,765 449 1.9%
Clearwater Seafoods Inc. 33,994 389 1.7%
Colliers International Group Inc. 6,002 435 1.8%
Crew Energy Inc. 32,816 132 0.6%
CRH Medical Corp. 14,465 119 0.5%
Crombie Real Estate Investment Trust 16,716 242 1.0%
DH Corp. 10,075 256 1.1%
ECN Capital Corp. 48,091 177 0.8%
Element Fleet Management Corp. 12,616 108 0.5%
Enercare Inc. 5,906 113 0.5%
Enerflex Ltd. 13,070 224 1.0%
Enghouse Systems Ltd. 4,427 262 1.1%
Fiera Capital Corp. 24,221 338 1.4%
FirstService Corp. 5,487 464 2.0%
Fortuna Silver Mines Inc. 27,682 176 0.7%
Grande West Transportation Inc. Private Placement 69,867 168 0.7%
GreenSpace Brands Inc. 79,975 128 0.5%
Industrial Alliance Insurance and Financial Services Inc. 6,014 301 1.3%
Intertape Polymer Group Inc. 22,407 524 2.2%
iShares Russell 2000 Index Fund ETF 15,434 453 1.9%
iShares S&P/TSX 60 Index ETF 5,162 117 0.5%
iShares S&P/TSX Completion Index ETF 32,700 804 3.4%
iShares S&P/TSX Global Gold Index ETF 43,495 568 2.4%
K-Bro Linen Inc. 10,524 408 1.7%
Kelt Exploration Ltd. 25,471 160 0.7%
Killam Apartment Real Estate Investment Trust 27,551 350 1.5%
Knight Therapeutics Inc. 11,356 114 0.5%
Laurentian Bank of Canada 5,872 306 1.3%
Linamar Corp. 5,137 315 1.3%
Lundin Mining Corp. 33,268 248 1.1%
Morneau Shepell Inc. 37,436 794 3.4%
New Flyer Industries Inc. 8,582 477 2.0%
Newalta Corp. 16,377 30 0.1%
NuVista Energy Ltd. 28,860 198 0.8%
Parex Resources Inc. 13,924 226 1.0%
Park Lawn Corp. 6,775 137 0.6%
Parkland Fuel Corp. 13,072 402 1.7%
Patient Home Monitoring Corp. Purchase Warrants Exp. 05-04-2018 82,048 1 0.0%
People Corp. 20,512 119 0.5%
PHX Energy Services Corp. 35,699 85 0.4%
Pollard Banknote Ltd. 13,470 140 0.6%
Premium Brands Holdings Corp. 4,065 375 1.6%
Raging River Exploration Inc. 46,175 368 1.6%
Richelieu Hardware Ltd. 28,556 866 3.7%
Savaria Corp. 19,804 337 1.4%
Savaria Corp. Subscription Receipts 4,848 67 0.3%
Secure Energy Services Inc. 30,882 281 1.2%
SIR Royalty Income Fund 4,141 63 0.3%
Sleep Country Canada Holdings Inc. 9,717 379 1.6%
Spartan Energy Corp. 148,027 314 1.3%
Stella-Jones Inc. 6,899 308 1.3%
StorageVault Canada Inc. 95,970 240 1.0%
TECSYS Inc. 1,569 25 0.1%
Ten Peaks Coffee Co. Inc. 33,527 201 0.9%
The Descartes Systems Group Inc. 21,141 714 3.0%
TORC Oil & Gas Ltd. 43,453 236 1.0%
Total Energy Services Inc. 1,188 17 0.1%
Tricon Capital Group Inc. 21,369 250 1.1%
Uni-Select Inc. 3,626 110 0.5%
Veresen Inc. 27,358 502 2.1%
Winpak Ltd. 16,073 945 4.0%
WSP Global Inc. 10,204 513 2.2%
Yangarra Resources Ltd. 30,198 95 0.4%
Total Investments -- 23,054 97.9%
Cash & Equivalents -- 480 2.0%
Other Assets (Liabilities) -- 29 0.1%
Total Net Assets -- 23,563 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2017
  • Regional Allocation
      Canada
    93.5%
      Other
    2.3%
      United States
    2.0%
      Cash & Equivalents 2.2%
  • Sector Allocation
      Industrials 24.1%
      Energy 15.8%
      Index Participation Units 11.2%
      Materials 10.5%
      Real Estate 8.9%
      Financials 7.6%
      Consumer Discretionary 7.3%
      Consumer Staples 5.3%
      Information Technology 4%
      Utilities 2.4%
      Cash & Equivalents 2.2%
      Health Care 0.7%

Other Canadian Equity Funds

Portfolio Managers

Scott Carscallen, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 1994

Series I and B versions of this fund are closed to new investments.

Effective September 29, 2016, Mackenzie Investments will no longer permit purchases of securities in Series O, O6, PWX, and PWX8  in the Corporate Class version of this fund.

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 S&P/TSX SmallCap Index is an index of approximately 200 Canadian companies listed on the Toronto Stock Exchange with market capitalization between $100 million and $1.5 billion

†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.