Fund Portfolio – Mackenzie Cundill Canadian Balanced Fund Series F5 | Mackenzie Investments

Mackenzie Cundill Canadian Balanced Fund Series F5

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2019
Major holdings represent 24.6% of the fund.
View all holdings
Total # of
Equity Holdings
70
Total # of
Fixed Income Holdings
492
Holding name, country and sector Percentage of holding in fund
Citigroup Inc
United States | Diversified Banks
3.5%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
3.4%
Bank of America Corp
United States | Diversified Banks
3.4%
Chesapeake Energy Corp
United States | Oil & Gas Exploration & Prod.
2.8%
Nutrien Ltd
Canada | Fertilizers/Agricult. Chem.
2.6%
Loblaw Cos Ltd
Canada | Food Retail
2.6%
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
2.5%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.4%
Fairfax Financial Holdings Ltd. 7.75% 07-15-2037
Canada | Corporate - Non Convertible
1.3%
Province of Quebec 3.50% 12-01-2048
Canada | Provincial Governments
1.2%

Complete Fund Holdings Help Full holdings list

As of February 28, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 1,140,000 1,155 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 800,000 791 0.1%
407 International Inc. 3.72% 05-11-2048 Callable 2047 840,000 848 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 23,527 29 0.0%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 222,469 279 0.0%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 11,155 15 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 37,448 55 0.0%
Advisor Group Inc. Term Loan 1st Lien F/R 08-09-2025 11,740 15 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 69,825 89 0.0%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 370,000 472 0.1%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 240,000 312 0.0%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 55,637 75 0.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 144,591 188 0.0%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 660,000 643 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 375,350 374 0.0%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 177,046 232 0.0%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 164,567 215 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 143,909 189 0.0%
Alcoa Nederland Holding BV 6.13% 05-15-2028 Callable 2023 144A 39,588 53 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,010,000 1,023 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 362,000 26,851 3.6%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 244,608 322 0.0%
Allergan PLC 12,391 2,244 0.3%
AltaGas Ltd. Pfd. Series K 13,215 265 0.0%
AltaLink LP 3.72% 12-03-2046 Callable MTN 415,000 422 0.1%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 257,125 330 0.0%
Altice SA 7.75% 05-15-2022 Callable 144A 48,147 63 0.0%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 38,518 46 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 575,350 560 0.1%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 80,000 110 0.0%
Antero Resources Corp. 5.00% 03-01-2025 15,514 20 0.0%
ArcelorMittal SA 5.13% 06-01-2020 42,797 58 0.0%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 233,182 301 0.0%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 101,644 136 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 42,797 60 0.0%
Ardonagh Midco 3 PLC 8.625% 07-15-2023 Callable 2020 39,588 45 0.0%
Aristocrat International Pty Ltd. Term Loan B 1st Lien F/R 10-19-2024 72,772 95 0.0%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 484,280 489 0.1%
Artis Real Estate Investment Trust 3.68% 02-22-2021 232,140 233 0.0%
Ashtead Capital Inc. 4.13% 08-15-2025 Callable 2020 144A 99,504 128 0.0%
Asian Development Bank 5.90% 12-20-2022 2,357,065 42 0.0%
Asian Development Bank 6.00% 02-24-2021 3,669,875 66 0.0%
Asian Development Bank 6.45% 08-08-2021 1,765,392 32 0.0%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 784,280 799 0.1%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 192,140 252 0.0%
Avolon Holdings Funding Ltd. 5.25% 05-15-2024 Callable 2024 144A 61,399 83 0.0%
Baidu Inc. ADR 16,781 3,588 0.5%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 121,160 160 0.0%
Bank of America Corp. 754,413 28,857 3.8%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 8,559 9 0.0%
Bank of America Corp. 3.95% 04-21-2025 270,000 355 0.0%
Bank of America Corp. F/R 09-20-2025 Callable 2024 67,406 68 0.0%
Bank of Montreal 2.70% 09-11-2024 DPNT 150,000 150 0.0%
Bank of Montreal 2.89% 06-20-2023 680,000 687 0.1%
Bank of Montreal 3.19% 03-01-2028 645,350 660 0.1%
Bank of Montreal 3.32% 06-01-2026 25,678 26 0.0%
Bank of Montreal F/R 12-15-2032 Callable 2027 568,559 714 0.1%
Barclays PLC 1,154,824 3,307 0.4%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 11,769 16 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 11,769 16 0.0%
Bausch Health Cos Inc. 9.00% 12-15-2025 Callable 2021 47,077 67 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 104,017 137 0.0%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 [144A] 66,336 79 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 980,000 984 0.1%
Beacon Escrow Corp. 4.88% 11-01-2025 Callable 2020 144A 117,797 145 0.0%
Bell Canada 2.70% 02-27-2024 Callable 9,629 9 0.0%
Bell Canada 3.80% 08-21-2028 Callable 2028 1,053,210 1,076 0.1%
Bell Canada 4.45% 02-27-2047 Callable 1,130,000 1,140 0.1%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 391,276 512 0.1%
Boardwalk Real Estate Investment Trust 207,240 8,532 1.2%
BorgWarner Inc. 88,368 4,720 0.7%
BP Capital Markets PLC 3.47% 05-15-2025 749,629 769 0.1%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 69,194 75 0.0%
Bristow Group Inc. 470,000 729 0.1%
Brookfield Asset Management Inc. Class A limited voting 284,612 16,917 2.3%
Brookfield Asset Management Inc. Pfd. Series 46 15,289 391 0.1%
Brookfield Asset Management Inc. Pfd. Series 48 6,996 171 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 685,350 691 0.1%
Brookfield Property Partners LP 135,200 3,490 0.5%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 310,000 306 0.0%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 800,000 807 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 25,195 562 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 555,350 561 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 660,000 650 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 5,904 8 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 148,702 193 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 49,217 79 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 23,539 29 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 143,909 177 0.0%
C&W Senior Financing Designated Activity Co. 7.50% 10-15-2026 Callable 2021 144A 160,490 216 0.0%
Calceus Acquisition Inc. Term B1 1st Lien F/R 02-08-2025 200,329 263 0.0%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 5,350 5 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 83,455 88 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 19,259 25 0.0%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 390,728 513 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 54,032 74 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 654,271 846 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 417,818 547 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 3,210 3 0.0%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 396,420 402 0.1%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 2,768,189 2,814 0.4%
Canadian Imperial Bank of Commerce F/R 04-04-2028 Callable 2023 254,280 256 0.0%
Canadian National Railway Co. 144,777 16,348 2.2%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 353,210 353 0.0%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 574,280 573 0.1%
Canadian Pacific Railway Ltd. 64,098 17,430 2.3%
Canadian Western Bank 2.74% 06-16-2022 DPNT 360,000 358 0.0%
Canadian Western Bank 2.92% 12-15-2022 609,629 608 0.1%
Canfor Corp. 125,145 1,770 0.2%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 770,000 774 0.1%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 290,000 296 0.0%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 19,921 26 0.0%
Carrizo Oil & Gas Inc. 6.25% 04-15-2023 Callable 2019 17,119 22 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 360,785 465 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 575,350 747 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 426,420 434 0.1%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 11,769 15 0.0%
CCO Holdings LLC 5.875% 04-01-2024 Callable 2019 144A 16,049 22 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 100,699 127 0.0%
Celestica Inc. Sub. voting 923,965 11,189 1.5%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 110,699 143 0.0%
Cenovus Energy Inc. 1,210,489 14,598 2.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 25,678 32 0.0%
CES Energy Solutions Corp. 962,056 3,040 0.4%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 167,119 213 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 444,280 599 0.1%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 524,280 706 0.1%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 7,490 10 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 891,070 904 0.1%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 213,210 219 0.0%
Chesapeake Energy Corp. 279,341 1,088 0.1%
Chesapeake Energy Corp. 5.75% Conv. Pfd. 4,041 3,017 0.4%
Chesapeake Energy Corp. 5.75% Conv. Pfd. Series A 26,354 19,290 2.6%
Choice Properties Real Estate Investment Trust 3.56% 09-09-2024 Callable 2024 170,000 171 0.0%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 751,769 766 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 468,147 619 0.1%
Citigroup Inc. 339,553 28,575 3.8%
Citigroup Inc. 4.09% 06-09-2025 670,000 687 0.1%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 7,490 10 0.0%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 85,595 115 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 52,427 67 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 1,757,987 1,892 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 239,392 325 0.0%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 82,000 111 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 132,909 189 0.0%
CommScope Inc. Term B2 1st Lien F/R 02-07-2026 133,909 177 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 78,888 108 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 77,818 92 0.0%
Communications Sales & Leasing Inc. 7.13% 12-15-2024 Callable 2019 144A 25,678 28 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 0 0.0%
Compagnie Financiere Richemont SA 59,929 6,037 0.9%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 154,979 198 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 2,675 3 0.0%
Constellium NV 4.25% 02-15-2026 Callable 2020 19,259 29 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 97,364 125 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 323,210 332 0.0%
Cordelio Amalco GP I 4.09% 09-30-2034 333,210 342 0.0%
Corel Corp. Term Loan 1st Lien F/R 05-11-2024 67,188 88 0.0%
Corus Entertainment Inc. Class B non-voting 960,130 5,790 0.8%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 202,140 208 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 1,500,000 1,543 0.2%
Crown Subsea Communications Holing Inc. Term Loan 1st Lien F/R 11-02-2025 211,399 278 0.0%
CSC Holdings LLC 7.50% 04-01-2028 Callable 2023 144A 33,168 46 0.0%
CSC Holdings LLC Term Loan 1st Lien F/R 04-07-2027 10,699 14 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 550,000 559 0.1%
CU Inc. 3.95% 11-23-2048 Callable 2048 4,280 4 0.0%
CU Inc. 3.964% 07-27-2045 Callable 250,000 262 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 18,189 25 0.0%
CVS Health Corp. 43,684 3,323 0.4%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 2 0.0%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 66,336 84 0.0%
DAVITA Inc. 77,363 5,790 0.8%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 179,259 226 0.0%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 61,414 50 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 110,000 147 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 220,000 304 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 220,000 307 0.0%
Discovery Communications Inc. Class C 137,179 4,917 0.7%
DISH DBS Corp. 5.875% 11-15-2024 54,567 61 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 5,216 7 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 53,497 72 0.0%
E-L Financial Corp. Ltd. 16,364 13,365 1.8%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 772,145 1,011 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 85,812 112 0.0%
ECN Capital Corp. 531,032 2,156 0.3%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 197,198 252 0.0%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 3,210 4 0.0%
Emera Inc. 2.90% 06-16-2023 5,350 5 0.0%
Empire Co. Ltd. Class A non-voting 364,613 11,146 1.5%
EmployBridge LLC Term Loan B 1st Lien F/R 04-18-2025 263,292 346 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 690,000 667 0.1%
Enbridge Inc. 311,300 15,154 2.1%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 500,000 489 0.1%
Enbridge Inc. 4.57% 03-11-2044 2,350,000 2,384 0.3%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 2,986,043 2,869 0.4%
Enbridge Inc. F/R 04-12-2078 Callable 2028 1,122,427 1,166 0.2%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 69,670 89 0.0%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 640,000 645 0.1%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 149,250 196 0.0%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 11,769 15 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 156,049 203 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 527,490 518 0.1%
EPR Properties 4.95% 04-15-2028 Callable 2028 378,559 509 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 195,119 262 0.0%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 10,122 13 0.0%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 168,515 181 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 70,616 74 0.0%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 670,000 729 0.1%
Fairfax Financial Holdings Ltd. 7.75% 07-15-2037 6,130,000 9,269 1.3%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 1,700,000 2,641 0.3%
Fairfax Financial Holdings Ltd. Sub. voting 14,969 9,753 1.4%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 34,238 34 0.0%
Federation des Caisses Desjardins du Quebec 3.06% 09-11-2023 922,469 939 0.1%
Financial & Risk US Holdings Inc. 8.25% 11-15-2026 Callable 2021 144A 79,629 103 0.0%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 179,259 236 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 64,196 83 0.0%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 68,909 90 0.0%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 100,000 101 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 187,406 242 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 75,965 102 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 90,000 117 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 85,595 114 0.0%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 163,090 212 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 256,390 307 0.0%
Futures Contracts 175 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 28,888 36 0.0%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 89,874 124 0.0%
General Electric Co. 315,968 4,318 0.6%
Genworth Holdings Inc. Term Loan 1st Lien F/R 02-28-2023 8,027 11 0.0%
George Weston Ltd. 41,674 3,909 0.5%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 89,546 111 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 85,637 107 0.0%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 300,274 389 0.1%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 33,168 36 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 279,539 280 0.0%
Glacier Credit Card Trust 3.14% 09-20-2023 4,280 4 0.0%
Government of Aruba 6.50% 01-31-2029 90,944 128 0.0%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 2,470,000 3,187 0.4%
Government of Bermuda 4.13% 01-03-2023 430,000 578 0.1%
Government of Bermuda 4.854% 02-06-2024 331,000 460 0.1%
Government of Canada 1.00% 09-01-2022 2,140 2 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 8,020,000 9,924 1.4%
Government of Canada 1.50% 06-01-2023 414,280 409 0.1%
Government of Canada 2.00% 06-01-2028 2,260,000 2,271 0.3%
Government of Canada 2.25% 06-01-2025 11,769 12 0.0%
Government of Canada 2.25% 06-01-2029 1,850,000 1,900 0.2%
Government of Canada 2.50% 06-01-2024 11,769 12 0.0%
Government of Canada 2.75% 12-01-2048 13,400,000 15,048 2.0%
Government of Dominican Republic 7.45% 04-30-2044 49,217 71 0.0%
Government of Mexico 7.50% 06-03-2027 593,813 39 0.0%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 25,678 36 0.0%
Grifols Worldwide Operations USA Inc. Term Loan B 1st Lien F/R 01-31-2025 69,194 91 0.0%
Guala Closures SpA F/R 04-15-2024 Callable 2019 81,315 123 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,150,000 1,141 0.1%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 304,280 305 0.0%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 168,611 204 0.0%
Halo Buyer Inc. Delayed Draw Term Loan 1st Lien F/R 06-28-2025 26,113 33 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 62,008 79 0.0%
Hang Lung Properties Ltd. 1,413,000 4,390 0.7%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 144A 42,797 41 0.0%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 38,518 53 0.0%
HCA Inc. 5.88% 02-01-2029 Callable 2028 28,888 40 0.0%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 21,860 28 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04-17-2025 522,200 680 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 126,252 127 0.0%
Heathrow Funding Ltd. 3.40% 03-08-2028 700,699 692 0.1%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 544,280 545 0.1%
Hillman Group Inc. Term Loan B 1st Lien F/R 05-21-2025 99,500 127 0.0%
Hitachi Ltd. 104,800 4,125 0.5%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2018 144A 34,238 47 0.0%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 13,781 18 0.0%
HSBC Bank Canada 3.25% 09-15-2023 600,000 611 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 1,310,000 1,313 0.2%
Hub International Ltd. Term Loan B 1st Lien F/R 04-25-2025 120,096 157 0.0%
Hudson's Bay Co. 1,002,092 7,786 1.1%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 6,459 87 0.0%
Hydro One Inc. 2.97% 06-26-2025 Callable 2025 252,140 253 0.0%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 310,000 303 0.0%
Hydro One Inc. 3.72% 11-18-2047 1,950,000 1,937 0.2%
IEA Energy Services LLC Term Loan 1st Lien F/R 11-02-2024 233,539 293 0.0%
Ineos US Finance LLC Term Loan B 1st Lien F/R 03-31-2024 77,201 100 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 10-31-2022 426,702 558 0.1%
Intelsat Jackson Holdings SA Term Loan B3 1st Lien F/R 11-27-2023 69,546 92 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,060,000 1,034 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 930,000 922 0.1%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 367,638 479 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 156,420 206 0.0%
International Finance Corp. 3.625% 05-20-2020 1,490,000 1,361 0.2%
International Finance Corp. 7.00% 07-20-2027 3,037,543 189 0.0%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 275,693 356 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 350,000 368 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 1,227,292 1,511 0.2%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 66,336 67 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 253,500 317 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $75.00 Exp. 06-21-2019 354 5 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $79.00 Exp. 06-21-2019 257 6 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $83.00 Exp. 04-18-2019 419 7 0.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 18,000 23 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 302,140 305 0.0%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 166,049 216 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 42,797 56 0.0%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 88,509 112 0.0%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 143,190 181 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 138,955 183 0.0%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 42,183 54 0.0%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 132,507 169 0.0%
Kronos Acquisition Holdings Inc. 9.00% 08-15-2023 144A 4,280 5 0.0%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 93,497 90 0.0%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 253,975 331 0.0%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 44,937 59 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 28,888 38 0.0%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 284,186 346 0.0%
Laurentian Bank of Canada 3.00% 09-12-2022 1,070 1 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 869,233 1,120 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 64,196 86 0.0%
Liberty Global PLC Class A 242,236 8,395 1.2%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 294,680 391 0.1%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 428,888 543 0.1%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 8,559 10 0.0%
Linamar Corp. 151,911 7,861 1.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 33,168 45 0.0%
Livingston International Inc. Term Loan 1st Lien F/R 03-18-2020 764,211 898 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-17-2020 350,000 463 0.1%
Loblaw Companies Ltd. 280,773 18,402 2.5%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 24,595 23 0.0%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 1,742,481 1,970 0.3%
Mackenzie Cundill International Fund Series R 1,121,113 10,273 1.4%
Mackenzie Global Tactical Bond Fund Series R 628,676 5,812 0.8%
Mackenzie Unconstrained Fixed Income Fund Series R 419,961 4,136 0.5%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 40,051 3,855 0.5%
Manulife Bank of Canada 2.84% 01-12-2023 547,490 550 0.1%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 324,280 327 0.0%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 1,070,000 1,061 0.1%
Manulife Financial Corp. Pfd. Series 13 717 14 0.0%
Marriott Ownership Resorts Inc. 6.50% 09-15-2026 Callable 2021 144A 37,448 51 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 167,063 161 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 90,000 115 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 135,232 157 0.0%
McDermott Escrow 1 Inc. 10.63% 05-01-2024 Callable 2021 144A 18,189 20 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 49,175 62 0.0%
MEG Energy Corp. 6.375% 01-30-2023 Callable 144A 126,748 153 0.0%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2018 144A 171,024 206 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 29,958 41 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 144A 58,846 80 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 653,391 861 0.1%
Milk Specialties Co. Term Loan 1st Lien F/R 08-16-2023 887,021 1,164 0.2%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 31,028 31 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 211,399 276 0.0%
Morgan Stanley 3.00% 02-07-2024 1,463,825 1,455 0.2%
National Bank of Canada 1.96% 06-30-2022 1,950,000 1,915 0.2%
National Bank of Canada 2.98% 03-04-2024 231,070 231 0.0%
NAV Canada 3.29% 03-30-2048 Callable 2047 380,000 376 0.0%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 249,947 325 0.0%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 26,748 34 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 96,815 124 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 299,217 371 0.0%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 47,077 62 0.0%
NMN Holdings III Corp. Term Loan 1st Lien F/R 10-26-2025 99,629 130 0.0%
Nokia OYJ 3.38% 06-12-2022 19,259 25 0.0%
Nokia OYJ 5.38% 05-15-2019 51,678 68 0.0%
North Battleford Power LP 4.958% 12-31-2032 870,470 957 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 1,570,000 1,518 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 510,000 507 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 430,000 444 0.1%
NRG Yield Operating LLC 5.375% 08-15-2024 Callable 47,077 61 0.0%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 65,266 80 0.0%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 49,217 64 0.0%
Nutrien Ltd. 277,126 19,852 2.7%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 38,518 38 0.0%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 16,049 20 0.0%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 26,916 35 0.0%
OCI NV 6.63% 04-15-2023 Callable 2020 144A 74,895 102 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 237,319 320 0.0%
Olin Corp. 5.00% 02-01-2030 Callable 2024 13,374 17 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 540,000 710 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,250,000 1,272 0.2%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 750,000 782 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 630,000 633 0.1%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 400,000 391 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 202,140 212 0.0%
Oracle Corp. 70,632 4,843 0.7%
Oregon Clean Energy LLC Term Loan 1st Lien F/R 02-15-2026 10,699 14 0.0%
Ortho-Clinical Diagnostics Inc. Term Loan B 1st Lien F/R 06-01-2025 68,503 89 0.0%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 109,175 144 0.0%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 457,700 524 0.1%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 46,049 62 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 159,413 207 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 126,252 128 0.0%
Parsely Energy Inc. Class A 60,922 1,454 0.2%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 150,000 152 0.0%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 510,000 522 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 39,588 52 0.0%
Petroleos De Venezuela SA 6.00% 05-16-2024 346,378 115 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 746 1 0.0%
Philip Morris International Inc. 21,493 2,458 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 [144A] 87,448 109 0.0%
Pisces Midco Inc. Term Loan B 1st Lien F/R 03-29-2025 234,162 300 0.0%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 144,884 187 0.0%
Precision Drilling Corp. 3,065,876 10,179 1.4%
Premier Dental Services Inc. Term B 1L F/R 06-30-2023 16,236 21 0.0%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 69,546 124 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 200,329 261 0.0%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 25,433 31 0.0%
Province of Newfoundland 3.00% 06-02-2026 1,420,000 1,449 0.2%
Province of Newfoundland 3.70% 10-17-2048 2,480,000 2,644 0.3%
Province of Ontario 2.65% 02-05-2025 958,559 973 0.1%
Province of Ontario 2.70% 06-02-2029 1,717,490 1,717 0.2%
Province of Ontario 2.90% 06-02-2028 753,210 768 0.1%
Province of Ontario 2.90% 06-02-2049 25,390,000 24,741 3.3%
Province of Ontario 4.60% 06-02-2039 1,780,000 2,201 0.3%
Province Of Quebec 2.75% 09-01-2028 2,980,000 3,014 0.4%
Province of Quebec 3.50% 12-01-2048 7,670,000 8,431 1.2%
Province of Saskatchewan 3.30% 06-02-2048 1,220,000 1,271 0.2%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 267,300 348 0.0%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 139,091 157 0.0%
Quad/Graphics Inc. 7.00% 05-01-2022 32,098 42 0.0%
Quad/Graphics Inc. Term Loan B 1st Lien F/R 06-30-2026 245,678 323 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 144A 23,111 25 0.0%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 7,490 10 0.0%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 139,300 183 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 418,846 482 0.1%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 101,221 138 0.0%
Reliance LP 3.84% 03-15-2025 Callable 2025 8,559 9 0.0%
Renfro Corp. Term Loan B 1st Lien F/R 03-31-2021 323,518 415 0.1%
Republic of Argentina 5.88% 01-11-2028 96,829 99 0.0%
Republic of Argentina 6.88% 01-11-2048 18,189 18 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 878,729 1,152 0.1%
Resolute Forest Products Inc. 5.875% 05-15-2023 6,420 8 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 42,797 56 0.0%
Rite Aid Corp. 6.125% 04-01-2023 Callable 2018 144A 10,699 12 0.0%
Rite Aid Corp. 7.70% 02-15-2027 109,133 98 0.0%
Rowan Companies Inc. 345,598 5,141 0.8%
Royal Bank of Canada 2.36% 12-05-2022 7,490 7 0.0%
Royal Bank of Canada 2.95% 05-01-2023 1,470,000 1,490 0.2%
Royal Bank of Canada 3.30% 09-26-2023 1,298,559 1,324 0.2%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 39,588 40 0.0%
Russian Federal Bond - OFZ 7.05% 01-19-2028 8,773,459 163 0.0%
Samsung Electronics Co. Ltd. 144,523 7,615 1.1%
Sanofi 12,881 1,417 0.2%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 185,423 245 0.0%
Scientific Games International Inc. 3.38% 02-15-2026 Callable 2021 72,221 104 0.0%
Scientific Games International Inc. 5.50% 02-15-2026 Callable 2021 32,098 45 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 967,174 941 0.1%
Sequel Merger Sub II LLC B Term Loan 1st Lien F/R 07-02-2025 8,538 11 0.0%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 858,559 896 0.1%
Shaw Communications Inc. Pfd Series A 2,701 42 0.0%
ShawCor Ltd. 343,938 7,113 1.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 116,049 172 0.0%
Sigma US Corp. Term Loan B 1st Lien F/R 03-06-2025 179,344 234 0.0%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 153,440 199 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 99,500 131 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 10,699 14 0.0%
SoftBank Group Corp. 6.13% 04-20-2025 Callable 2025 35,308 48 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 209,707 211 0.0%
Source Energy Services Ltd. 1,838 2 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 284,280 375 0.0%
Sprint Capital Corp. 6.875% 11-15-2028 21,399 28 0.0%
Sprint Corp. 7.13% 06-15-2024 17,119 23 0.0%
Sprint Corp. 7.875% 09-15-2023 18,189 26 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 290,000 383 0.0%
Spy Hill Power LP 4.14% 03-31-2036 792,690 820 0.1%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 245,007 317 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 100,446 132 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 9,718 13 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 332,683 435 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 130,485 166 0.0%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 [144A] 70,699 93 0.0%
Stars Group Holdings BV 7.00% 07-15-2026 Callable 2021 144A 111,378 150 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 85,595 147 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 1,370,000 1,381 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,810,000 1,819 0.2%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 457,490 456 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 176,539 171 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 243,455 321 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 1,333,455 1,707 0.2%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 99,250 124 0.0%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 504,280 515 0.1%
T-Mobile USA Inc. 6.50% 01-15-2026 Callable 2026 32,098 45 0.0%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 92,056 130 0.0%
Teck Resources Ltd. Class B 427,886 12,618 1.7%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 21,399 27 0.0%
Telenet Financing USD LLC Term Loan AN 1st Lien F/R 08-15-2026 69,546 90 0.0%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 190,000 192 0.0%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 430,000 442 0.1%
Tenaris SA ADR 99,944 3,490 0.5%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 36,378 49 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 67,406 91 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 179,952 225 0.0%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 56,547 62 0.0%
Teva Pharmaceutical Industries Ltd. 2.20% 07-21-2021 80,329 100 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 34,238 41 0.0%
The Bank of Nova Scotia 2.29% 06-28-2024 680,000 666 0.1%
The Bank of Nova Scotia F/R 01-18-2029 Callable 2024 1,313,909 1,341 0.2%
The Goldman Sachs Group Inc. 20,980 5,428 0.8%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 4,610,000 4,239 0.5%
The KeyW Holding Corp. Term Loan 1st Lien F/R 05-04-2024 130,233 172 0.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 73,825 72 0.0%
The Toronto-Dominion Bank 3.01% 05-30-2023 510,000 519 0.1%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 760,000 757 0.1%
The Toronto-Dominion Bank F/R 09-14-2028 Callable 2023 756,420 769 0.1%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 284,634 365 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 73,825 85 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 254,280 253 0.0%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 281,070 288 0.0%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 1,010,000 1,072 0.1%
Tourmaline Oil Corp. 520,806 10,400 1.4%
TransAlta Corp. 1,077,500 8,631 1.2%
TransAlta Corp. Pfd. Series A 31,994 380 0.0%
TransCanada Corp. Pfd. Series 15 25,614 650 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 402,140 402 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 100,000 103 0.0%
TransCanada PipeLines Ltd. 4.18% 07-03-2048 Callable 2048 360,000 353 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,583,210 1,474 0.2%
Transocean Ltd. 171,989 1,848 0.2%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 887,490 941 0.1%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 98,125 125 0.0%
Trillium Windpower LP 5.80% 02-15-2033 810,127 920 0.1%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 338,392 465 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 638,141 838 0.1%
UBS Group AG 280,176 4,690 0.7%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 287,083 359 0.0%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 206,559 237 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 510,000 502 0.1%
Union Pacific Corp. 8,398 1,852 0.2%
United States Treasury 2.75% 02-15-2028 800,000 1,058 0.1%
United States Treasury 2.88% 08-15-2028 920,000 1,228 0.2%
United States Treasury 2.88% 10-31-2023 1,070 1 0.0%
United States Treasury 3.00% 02-15-2048 3,590,000 4,651 0.7%
United States Treasury 3.13% 11-15-2028 1,190,000 1,621 0.2%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 454,280 475 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 940,000 923 0.1%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 340,000 443 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 121,465 159 0.0%
VeriSign Inc. 4.75% 07-15-2027 Callable 2022 373,210 487 0.1%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 108,749 144 0.0%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 32,098 30 0.0%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 13,374 14 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 32,098 34 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 184,992 243 0.0%
Vodafone Group PLC 3.75% 01-16-2024 230,000 302 0.0%
VRX Escrow Corp. 6.125% 04-15-2025 Callable 2020 144A 29,958 38 0.0%
VVC Holding Corp. Term B 1st Lien F/R 02-07-2026 299,958 393 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 196,502 243 0.0%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 220,574 299 0.0%
Wabtec Corp. 1,697 164 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 08-16-2022 330,846 429 0.1%
Wells Fargo & Co. 150,497 9,876 1.4%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 1,077,490 1,083 0.1%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 333,210 436 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 254,280 338 0.0%
West Fraser Timber Co. Ltd. 21,156 1,370 0.2%
WestJet Airlines Ltd. 77,075 1,608 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 130,336 175 0.0%
Wind Tre SPA 5.00% 01-20-2026 Callable 2020 22,469 26 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 47,501 65 0.0%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 313,705 358 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 389,390 503 0.1%
Ziggo Secured Finance Partnership Term Loan E 1st Lien F/R 04-27-2025 155,140 202 0.0%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 264,938 349 0.0%
Total Investments -- 759,428 98.0%
Cash & Equivalents -- 9,388 1.2%
Currency Hedge Contracts -- 1,726 0.2%
Other Assets (Liabilities) -- 4,467 0.6%
Total Net Assets -- 775,009 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2019
  • Regional Allocation
      Canada
    EQ : 36.7% | FI : 25.1%
    61.8%
      United States
    EQ : 18.5% | FI : 7.4%
    25.9%
      Other
    EQ : 4.2% | FI : 1.7%
    5.9%
      Switzerland
    EQ : 1.5%
    1.5%
      United Kingdom
    EQ : 1.5% | FI : 0.6%
    2.1%
      New Zealand
    FI : 0.6%
    0.6%
      Cash & Equivalents 2.2%
  • Sector Allocation
      Fixed Income 35.4%
      Financials 15%
      Energy 12.7%
      Consumer Staples 7.6%
      Industrials 7.2%
      Materials 4.4%
      Consumer Discretionary 3.4%
      Information Technology 3.4%
      Communication Serv. 3.3%
      Health Care 2.8%
      Other 2.6%
      Cash & Equivalents 2.2%
Credit Allocation (%)
AAA 6.3%
AA 4.1%
A 8.1%
BBB 9.3%
BB 1.3%
B 4%
CCC & Below 0.4%
NR 0.4%
Cash & Equivalents 2.2%
Equities 63.8%

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

Simon Chiu, CFA

Vice President, Portfolio Manager

Mackenzie Cundill Team

Investment experience since 2006

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 Multi-Asset Strategies 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

Effective January 2, 2019, the distribution rate of series T6 (including F6, O6, J6, S6. PWT6, FB6, PWFB6, PWX6) will change from 6% to 5%. The name of the series will change to reflect that (i.e. T6 will be renamed T5). The fund code will remain the same.

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 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 ratings issued by a designated rating organization.