Fund Portfolio – Mackenzie Cundill Canadian Balanced Fund Series C MFC740 MFC840 MFC7052 MFC3177 MFC4379 MFC4566 MFC4567 | Mackenzie Investments

Mackenzie Cundill Canadian Balanced Fund Series C

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2017
Major holdings represent 28% of the fund.
View all holdings
Total # of
Equity Holdings
72
Total # of
Fixed Income Holdings
204
Holding name, country and sector Percentage of holding in fund
Chesapeake Energy Corp
United States | Oil & Gas Exploration & Prod.
5.6%
Citigroup Inc
United States | Diversified Banks
4.6%
American International Group Inc
United States | Multi-Line Insurance
4.3%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026
Canada | Corporate - Non Convertible
3.4%
Bank of America Corp
United States | Diversified Banks
2.7%
Canfor Corp
Canada | Forest Products
2.2%
Mackenzie Global Credit Opportunities Fund Series R
Canada | Pooled Funds
1.7%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.3%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
1.1%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.0%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 Callable MTN 880,000 866 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 800,000 780 0.1%
Agrium Inc. 87,300 11,179 1.0%
Akzo Nobel NV 2,891 258 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,010,000 1,042 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,130,000 1,236 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 3,050,000 3,204 0.3%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 1,390,000 1,444 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 1,205,000 1,299 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 317,900 18,775 1.8%
Allied Properties REIT 3.748% 05-13-2020 Series A 920,000 957 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 743,000 772 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 1,330,000 1,414 0.1%
AltaGas Ltd. Pfd. Series K 51,310 1,284 0.1%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 415,000 413 0.0%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 1,300,000 0.0%
American International Group Inc. 577,863 49,065 4.5%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 1,150,000 1,561 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 530,000 684 0.1%
Apache Corp. 46,343 3,237 0.3%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,390,000 1,878 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 1,660,000 1,737 0.2%
Aria Energy Operating LLC Term Loan B 1st Lien F/R 05-27-2022 1 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 1,000,000 1,020 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 329,175 441 0.0%
Aviva PLC 4.50% 05-10-2021 580,000 623 0.1%
AXA SA 9,785 307 0.0%
Baidu Inc. ADR 21,905 5,067 0.5%
Bank of America Corp. 973,357 31,910 2.9%
Bank of America Corp. 3.95% 04-21-2025 270,000 360 0.0%
Bank of Montreal 1.61% 10-28-2021 DPNT 2,550,000 2,530 0.2%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,590,000 1,601 0.1%
Bank of Montreal 3.32% 06-01-2026 2,040,000 2,110 0.2%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 2,320,000 2,400 0.2%
Barclays PLC 133,936 500 0.0%
Barrick Gold Corp. 186,200 4,564 0.4%
Bell Canada 2.7% 02-27-2024 Callable 1,310,000 1,318 0.1%
Bell Canada 4.45% 02-27-2047 Callable 1,080,000 1,091 0.1%
BNP Paribas SA 5,186 402 0.0%
Boardwalk Real Estate Investment Trust 117,900 5,243 0.5%
BP Capital Markets PLC 3.497% 11-09-2020 520,000 549 0.0%
Brookfield Asset Management Inc. 3.95% 04-09-2019 1,499,000 1,568 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 39,517 1,020 0.1%
Brookfield Property Partners LP 212,800 6,405 0.6%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 870,000 884 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 2,650,000 2,761 0.2%
Brookfield Renewable Partners LP Pfd. Series 11 57,160 1,419 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 450,000 613 0.1%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 180,000 183 0.0%
Bruce Power LP 2.84% 06-23-2021 2,070,000 2,130 0.2%
Bruce Power LP 3.97% 06-23-2026 380,000 401 0.0%
Caisse Centrale Desjardins 2.09% 01-17-2022 1,710,000 1,728 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 608,475 819 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 1,020,000 999 0.1%
Canada Housing Trust No. 1 2.35% 06-15-2027 5,190,000 5,245 0.5%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 890,550 900 0.1%
Canadian Energy Services & Technology Corp. 691,856 5,182 0.5%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 1,730,000 1,739 0.2%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 1,040,000 1,049 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 2,200,000 2,279 0.2%
Canadian National Railway Co. 206,600 19,082 1.8%
Canadian Pacific Railway Ltd. 74,800 14,618 1.3%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 310,000 318 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 720,000 768 0.1%
Canfor Corp. 1,776,361 30,465 2.8%
Celestica Inc. Sub. voting 1,237,481 21,718 2.0%
Cenovus Energy Inc. 1,284,089 21,573 2.0%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 1,390,000 0.0%
Chesapeake Energy Corp. 1,817,757 13,160 1.2%
Chesapeake Energy Corp. 5.75% Conv. Pfd. 4,041 3,442 0.3%
Chesapeake Energy Corp. 5.75% Conv. Pfd. Series A Conv. @ $26.097 53,354 45,802 4.2%
China Mobile Ltd. ADR 3,526 259 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 1,120,000 1,113 0.1%
Chip Mortgage Trust 2.98% 11-15-2021 380,000 379 0.0%
Choice Properties LP 3.60% 09-20-2021 1,370,000 1,447 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 2,700,000 2,870 0.3%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 378,100 506 0.0%
Citigroup Inc. 686,578 54,547 5.0%
Citigroup Inc. 3.39% 11-18-2021 837,000 880 0.1%
CK Hutchison Holdings Ltd. 26,359 433 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 1,952,125 2,133 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 1,980,000 2,031 0.2%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 500,000 513 0.0%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 1,050,000 1,119 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 1,030,000 1,366 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 900,000 1,256 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 625,807 835 0.1%
Compagnie de Saint-Gobain 4,147 264 0.0%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 219,437 291 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 1,500,000 1,512 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,160,950 1,569 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 550,000 552 0.0%
CVS Health Corp. 51,684 5,532 0.5%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 880,000 889 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 390,000 524 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 840,000 1,128 0.1%
DAVITA Inc. 102,652 9,465 0.8%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 303,164 388 0.0%
Deere & Co. 26,079 3,793 0.3%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 628,425 841 0.1%
Deutsche Boerse AG 2,190 249 0.0%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 430,000 434 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 110,000 153 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 220,000 316 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 220,000 322 0.0%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 420,000 525 0.0%
Dundee Corp. Class A sub. voting 1,173,620 5,739 0.5%
E-L Financial Corp. Ltd. 24,355 18,071 1.7%
ECN Capital Corp. 1,274,700 4,512 0.4%
Empire Co. Ltd. Class A non-voting 249,013 4,166 0.4%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 180,000 190 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 33,000 596 0.1%
Enbridge Inc. 4.24% 08-27-2042 1,040,000 995 0.1%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 840,000 854 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 840,000 860 0.1%
Fairfax Financial Holdings Ltd. 7.75% 07-15-2037 6,130,000 9,231 0.8%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 27,100,000 43,274 4.0%
Fairfax Financial Holdings Ltd. Sub. voting 13,995 8,369 0.7%
First Pacific Co. Ltd. 115,664 113 0.0%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 269,325 359 0.0%
Fortified Trust 1.67% 07-23-2021 1,110,000 1,106 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 590,000 628 0.1%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 876,387 815 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 380,000 508 0.0%
Futures Contracts -118 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 308,571 407 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 2,273,724 2,183 0.2%
Gaz Metro Inc. 1.52% 05-25-2020 410,000 410 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 520,000 543 0.0%
Glacier Credit Card Trust 2.237% 09-20-2020 1,260,000 1,282 0.1%
GlaxoSmithKline PLC 11,977 325 0.0%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 760,000 972 0.1%
Goldcorp Inc. 191,100 4,023 0.4%
Government of Bermuda 4.854% 02-06-2024 3,540,000 4,958 0.4%
Government of Canada 1.00% 06-01-2027 300,000 279 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 8,800,000 10,815 1.0%
Government of Canada 2.75% 12-01-2048 2,130,000 2,326 0.2%
Government of Canada 3.50% 12-01-2045 2,660,000 3,280 0.3%
Government of Portugal 5.125% 10-15-2024 2,660,000 3,431 0.3%
Granite Real Estate Investment Trust 384,227 17,674 1.7%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 890,000 924 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 1,080,000 1,110 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 620,000 651 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 631,321 820 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 820,000 825 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 910,000 918 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 110,000 131 0.0%
HCA Holdings Inc. 73,065 8,467 0.8%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 860,000 900 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 490,000 506 0.0%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 177,143 238 0.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 442,857 594 0.1%
Hitachi Ltd. 817,733 5,980 0.5%
Honda Canada Finance Inc. 2.27% 07-15-2022 660,000 667 0.1%
Honda Motor Co. Ltd. 9,009 371 0.0%
HSBC Holdings PLC 29,606 315 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 1,310,000 1,334 0.1%
Hydro One Inc. 3.72% 11-18-2047 470,000 467 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 930,000 953 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 820,000 930 0.1%
Industrial Alliance Insurance and Financial Services Inc. 74,800 4,124 0.4%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 730,000 742 0.1%
ING Groep NV 29,366 538 0.0%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 490,000 652 0.1%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 690,752 920 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 280,000 369 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 930,000 955 0.1%
International Business Machines Corp. 32,459 7,753 0.7%
International Finance Corp. 3.625% 05-20-2020 1,490,000 1,450 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 1,883,006 2,430 0.2%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 1,785 140 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 680,000 907 0.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 1,430,000 1,496 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 330,000 442 0.0%
Kinross Gold Corp. 526,600 2,464 0.2%
Komatsu Ltd. 10,307 330 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 1,056,611 1,405 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 970,000 991 0.1%
Linamar Corp. 92,300 5,444 0.5%
Loblaw Companies Ltd. 100,600 6,968 0.6%
Lower Mattagami Energy LP 2.31% 10-21-2026 150,000 146 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 660,000 710 0.1%
Mackenzie Global Tactical Bond Fund Series R 608,405 5,989 0.5%
Mackenzie Unconstrained Fixed Income Fund Series R 408,673 4,217 0.4%
Magna International Inc. 136,100 7,729 0.7%
Manulife Bank of Canada 1.92% 09-01-2021 1,020,000 1,017 0.1%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 200,000 274 0.0%
McKesson Corp. 37,169 7,412 0.7%
Mediaset SPA 24,598 135 0.0%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 2,082,710 2,065 0.2%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 5,788,693 5,739 0.5%
Metropolitan Life Global Funding I 3.11% 04-16-2021 390,000 408 0.0%
Mexican Bonos 5.00% 12-11-2019 71,900,000 4,526 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 860,000 863 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 1,500,000 1,513 0.1%
Muenchener Rueckversicherungs - Gesellschaft AG (MunichRe) 885 222 0.0%
National Bank of Canada 2.105% 03-18-2022 2,910,000 2,940 0.3%
National Grid PLC 17,536 282 0.0%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 230,000 230 0.0%
Nokian Renkaat OYJ 2,251 118 0.0%
North Battleford Power LP 4.958% 12-31-2032 932,820 1,044 0.1%
Novartis AG Reg. 61,691 6,396 0.6%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 1,084,006 1,429 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 210,000 289 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 750,000 877 0.1%
Nykredit Realkredit AS 1.00% 01-01-2021 20,010,000 3,944 0.4%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,080,000 1,219 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 540,000 718 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 1,220,000 1,258 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 790,000 805 0.1%
Oracle Corp. 127,160 7,194 0.6%
Orange SA 12,594 253 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 480,000 507 0.0%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 504,000 509 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 820,000 847 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 2,880,000 3,068 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 284,125 380 0.0%
POSCO 36,969 12,273 1.1%
POSCO ADR 4,078 336 0.0%
Potash Corp. of Saskatchewan Inc. 588,400 13,557 1.2%
Precision Drilling Corp. 2,879,780 19,554 1.8%
Province of Alberta 3.30% 12-01-2046 7,380,000 7,344 0.7%
Province of British Columbia 2.80% 06-18-2048 6,480,000 6,011 0.5%
Province of Manitoba 2.85% 09-05-2046 2,260,000 2,032 0.2%
Province Of Manitoba 3.40% 09-05-2048 6,440,000 6,483 0.6%
Province of Ontario 2.90% 12-02-2046 14,540,000 13,566 1.2%
Province of Ontario F/R 10-27-2021 7,000,000 6,993 0.6%
Province Of Quebec 2.75% 09-01-2027 5,700,000 5,809 0.5%
Province of Quebec 3.50% 12-01-2045 6,550,000 6,811 0.6%
Province of Quebec 3.50% 12-01-2048 5,210,000 5,471 0.5%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 400,000 400 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 350,000 477 0.0%
Reliance LP 3.813% 09-15-2020 890,000 904 0.1%
Reliance LP 5.187% 03-15-2019 570,000 595 0.1%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 490,000 658 0.1%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 250,000 253 0.0%
Rowan Companies Inc. 443,566 10,677 1.0%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 160,000 161 0.0%
Royal Bank of Canada 3.31% 01-20-2026 3,190,000 3,293 0.3%
Royal Dutch Shell PLC A 12,982 445 0.0%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 420,000 561 0.0%
Samsung Electronics Co. Ltd. 4,451 10,018 0.9%
Samsung Electronics Co. Ltd. GDR 308 347 0.0%
Sanofi 62,096 7,106 0.6%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 380,000 386 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 1,092,778 1,068 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 269,325 364 0.0%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 350,000 467 0.0%
ShawCor Ltd. 281,438 9,963 0.9%
Siemens AG 2,449 423 0.0%
SoftBank Group Corp. 3,973 393 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 1,100,000 1,359 0.1%
Spy Hill Power LP 4.14% 03-31-2036 832,134 861 0.1%
Standard Chartered PLC 24,208 288 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 1,580,000 1,638 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,810,000 1,853 0.2%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 2,250,000 2,292 0.2%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 260,000 265 0.0%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 325,875 439 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 1,250,000 1,651 0.1%
TD Securities Inc. 1.45% 12-01-2021 801,356 797 0.1%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 420,000 557 0.0%
Teck Resources Ltd. Class B 820,186 21,776 2.0%
Tenaris SA 9,958 218 0.0%
Tenaris SA ADR 261,909 11,380 1.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 440,000 579 0.1%
Teva Pharmaceutical Industries Ltd. ADR 4,492 209 0.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 2,370,000 2,377 0.2%
The Goldman Sachs Group Inc. 24,780 8,165 0.7%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 3,110,000 3,276 0.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 4,610,000 4,456 0.4%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,230,000 1,245 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 120,000 151 0.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 2,530,000 2,498 0.2%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 640,000 654 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 1,200,000 1,353 0.1%
The Weir Group PLC 247,070 7,664 0.7%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 1,010,000 1,111 0.1%
Torstar Corp. Class B non-voting 3,735,700 6,313 0.6%
Total SA 4,981 330 0.0%
Toyota Canada Credit Inc. 2.02% 02-28-2022 1,500,000 1,506 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 531,618 685 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,120,000 1,178 0.1%
TransAlta Corp. Pfd. Series A 47,710 625 0.1%
TransCanada Corp. 4.00% Pfd. Series 7 6,586 145 0.0%
TransCanada Corp. Pfd. Series 15 99,792 2,568 0.2%
Trillium Windpower LP 5.803% 02-15-2033 880,656 1,026 0.1%
Twenty-First Century Fox Inc. 168,256 6,687 0.6%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 889,125 1,189 0.1%
UBS Group AG 18,726 383 0.0%
Union Gas Ltd. 2.81% 06-01-2026 Callable 1,300,000 1,320 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 1,310,000 1,376 0.1%
Union Pacific Corp. 54,777 7,854 0.7%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 2,860,000 4,005 0.4%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 887,407 1,183 0.1%
Valeant Pharmaceuticals International Inc. 187,251 3,577 0.3%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 278,000 313 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 230,000 239 0.0%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,660,000 2,027 0.2%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 12,000 13 0.0%
Vinci SA 2,914 279 0.0%
Vodafone Group PLC 33,871 113 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 310,000 338 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 630,000 652 0.1%
Wal-Mart Stores Inc. 69,643 6,562 0.6%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 360,000 461 0.0%
Wells Fargo & Co. 110,701 8,511 0.8%
Wells Fargo & Co. 2.51% 10-27-2023 4,440,000 4,428 0.4%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 923,000 914 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 1,130,000 1,185 0.1%
West Fraser Timber Co. Ltd. 616,290 33,976 3.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 417,200 557 0.0%
WestJet Airlines Ltd. 258,989 5,646 0.5%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 310,000 418 0.0%
WTH Car Rental ULC 1.912% 07-20-2020 460,000 453 0.0%
Total Investments -- 1,115,240 99.4%
Cash & Equivalents -- 1,552 0.1%
Currency Hedge Contracts -- -743 -0.1%
Other Assets (Liabilities) -- 6,742 0.6%
Total Net Assets -- 1,122,791 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2017
  • Regional Allocation
      Canada
    EQ : 33.1% | FI : 24.6%
    57.7%
      United States
    EQ : 26.1% | FI : 5.2%
    31.3%
      Other
    EQ : 3.3% | FI : 2.1%
    5.4%
      South Korea
    EQ : 2.3%
    2.3%
      United Kingdom
    EQ : 2.0%
    2.0%
      Denmark
    FI : 0.5%
    0.5%
      Australia
    FI : 0.5%
    0.5%
      Cash & Equivalents 0.3%
  • Sector Allocation
      Fixed Income 33.1%
      Financials 17.4%
      Energy 12.7%
      Materials 10.3%
      Industrials 6.2%
      Information Technology 5.3%
      Consumer Discretionary 4%
      Consumer Staples 3.6%
      Health Care 3.2%
      Real Estate 2.4%
      Other 1.5%
      Cash & Equivalents 0.3%
Credit Allocation (%)
AAA 3.5%
AA 5.9%
A 8.1%
BBB 9.8%
BB 1.2%
B 2.2%
C 0.4%
NR 1.7%
Cash & Equivalents 0.4%
Equities 66.8%

Other Canadian Balanced Funds

Portfolio Managers

Jonathan Norwood, MBA, CFA

Senior Vice President, Investment Management, Portfolio Manager

Mackenzie Cundill Team

Investment experience since 1998

Richard Wong, CFA

Senior Vice President, Investment Management, Portfolio Manager

Mackenzie Cundill Team

Investment experience since 1994

William Aldridge, MBA, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 2002

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Alain Bergeron, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Asset Allocation Team

Investment experience since 2000

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Note: USD option is capped to new purchases.

Low correlation with benchmark, therefore is a good diversifier for more index-oriented investors.

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 62.5% S&P/TSX Composite Index and 37.5% FTSE TMX Canada Universe Bond 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.

‡ Credit ratings and rating categories are based on Standard & Poor’s or DBRS (or equivalent ratings issued by other approved credit rating organizations).