Fund Portfolio – Mackenzie Cundill Canadian Balanced Fund Series PWX MFC6019 MFC6381 | Mackenzie Investments

Mackenzie Cundill Canadian Balanced Fund Series PWX

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of June 30, 2019
Major holdings represent 24.5% of the fund.
View all holdings
Total # of
Equity Holdings
68
Total # of
Fixed Income Holdings
495
Holding name, country and sector Percentage of holding in fund
Citigroup Inc
United States | Diversified Banks
3.4%
Bank of America Corp
United States | Diversified Banks
3.2%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
3.0%
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
2.8%
Loblaw Cos Ltd
Canada | Food Retail
2.7%
Nutrien Ltd
Canada | Fertilizers/Agricult. Chem.
2.7%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
2.5%
Fairfax Financial Holdings Ltd. 7.75% 07-15-2037
Canada | Corporate - Non Convertible
1.4%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.4%
Province of Quebec 3.50% 12-01-2048
Canada | Provincial Governments
1.4%

Complete Fund Holdings Help Full holdings list

As of April 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 161,116 166 0.0%
407 International Inc. 3.43% 06-01-2033 MTN 1,140,000 1,182 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 800,000 823 0.1%
407 International Inc. 3.65% 09-08-2044 Callable MTN 192,231 199 0.0%
407 International Inc. 3.67% 03-08-2049 Callable 2048 232,231 243 0.0%
407 International Inc. 3.72% 05-11-2048 Callable 2047 840,000 885 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 24,373 30 0.0%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 223,429 286 0.0%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 11,603 16 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 39,048 59 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 69,650 91 0.0%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 370,000 492 0.1%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 240,000 329 0.0%
AerCap Ireland Capital Designated Activity Co. 4.88% 01-16-2024 Callable 2023 58,014 82 0.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 144,498 193 0.0%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 660,000 654 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 375,578 383 0.1%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 176,921 238 0.0%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 164,791 220 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 143,600 192 0.0%
Alcoa Nederland Holding BV 6.13% 05-15-2028 Callable 2023 144A 41,279 58 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,010,000 1,053 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 203,659 16,087 2.2%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 190,082 255 0.0%
Allergan PLC 12,391 2,440 0.3%
AltaGas Ltd. Pfd. Series K 13,266 269 0.0%
AltaLink LP 3.72% 12-03-2046 Callable MTN 415,000 440 0.1%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 111,995 147 0.0%
Altice SA 7.75% 05-15-2022 Callable 144A 50,204 69 0.0%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 40,163 50 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 575,578 571 0.1%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 80,000 115 0.0%
Antero Resources Corp. 5.00% 03-01-2025 16,177 21 0.0%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 120,082 159 0.0%
ArcelorMittal SA 5.13% 06-01-2020 44,626 61 0.0%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 105,987 143 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 44,626 64 0.0%
Ardonagh Midco 3 PLC 8.63% 07-15-2023 Callable 2020 41,279 46 0.0%
Aristocrat International Pty Ltd. Term Loan B 1st Lien F/R 10-19-2024 75,881 102 0.0%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 484,463 500 0.1%
Artis Real Estate Investment Trust 3.68% 02-22-2021 232,231 234 0.0%
Ashtead Capital Inc. 4.13% 08-15-2025 Callable 2020 144A 103,756 139 0.0%
Asian Development Bank 5.90% 12-20-2022 2,457,779 45 0.0%
Asian Development Bank 6.00% 02-24-2021 3,826,682 72 0.0%
Asian Development Bank 6.45% 08-08-2021 1,840,824 35 0.0%
AT&T Inc. 2.85% 05-25-2024 634,463 635 0.1%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 533,347 559 0.1%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 192,231 266 0.0%
Avolon TLB Borrower 1 US LLC Term Loan B3 1st Lien F/R 01-15-2025 75,660 102 0.0%
Baidu Inc. ADR 16,781 3,737 0.5%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 121,355 163 0.0%
Bank of America Corp. 629,754 25,800 3.5%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 6,694 7 0.0%
Bank of America Corp. 3.95% 04-21-2025 270,000 370 0.0%
Bank of America Corp. F/R 04-25-2025 Callable 2024 464,463 468 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 70,286 72 0.0%
Bank of Montreal 2.70% 09-11-2024 DPNT 130,000 133 0.0%
Bank of Montreal 2.85% 03-06-2024 393,347 399 0.1%
Bank of Montreal 2.89% 06-20-2023 680,000 697 0.1%
Bank of Montreal 3.19% 03-01-2028 645,578 677 0.1%
Bank of Montreal 3.32% 06-01-2026 26,776 27 0.0%
Barclays PLC 827,426 2,374 0.3%
Bausch Health Cos Inc. 5.75% 08-15-2027 Callable 2022 144A 12,272 17 0.0%
Bausch Health Cos Inc. 8.50% 01-31-2027 Callable 2022 144A 12,272 18 0.0%
Bausch Health Cos Inc. 9.00% 12-15-2025 Callable 2021 49,089 73 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 101,788 137 0.0%
Baytex Energy Corp. 5.63% 06-01-2024 Callable 2019 144A 69,170 88 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 980,000 1,005 0.1%
Beacon Escrow Corp. 4.88% 11-01-2025 Callable 2020 144A 119,626 154 0.0%
Becton, Dickinson and Co. 9,489 3,060 0.4%
Bell Canada 2.70% 02-27-2024 Callable 10,041 10 0.0%
Bell Canada 3.80% 08-21-2028 Callable 2028 1,053,347 1,105 0.1%
Bell Canada 4.45% 02-27-2047 Callable 1,130,000 1,189 0.2%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 390,905 527 0.1%
Boardwalk Real Estate Investment Trust 207,240 8,060 1.2%
BorgWarner Inc. 88,368 4,945 0.6%
BP Capital Markets PLC 3.47% 05-15-2025 750,041 784 0.1%
Bright Bidco BV Term Loan B 1st Lien F/R 06-30-2024 71,968 73 0.0%
Brookfield Asset Management Inc. Class A limited voting 284,612 18,382 2.5%
Brookfield Asset Management Inc. Pfd. Series 46 9,892 244 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 7,011 165 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 685,578 706 0.1%
Brookfield Property Partners LP 135,200 3,783 0.5%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 310,000 314 0.0%
Brookfield Renewable Energy Partners ULC 3.75% 06-02-2025 Callable 2025 800,000 826 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 25,280 555 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 555,578 578 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 660,000 665 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 5,928 8 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 121,012 161 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 51,320 83 0.0%
Burger King Worldwide Inc. Term Loan B 1st Lien F/R 02-16-2024 16,692 22 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 24,544 32 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 144,142 182 0.0%
C&W Senior Financing Designated Activity Co. 7.50% 10-15-2026 Callable 2021 144A 167,348 233 0.0%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 201,197 269 0.0%
Calfrac Holdings LP 8.50% 06-15-2026 Callable 2021 144A 15,619 18 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 55,783 57 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 20,082 27 0.0%
Calumet Specialty Products Partners LP 6.50% 04-15-2021 Callable 2017 14,503 19 0.0%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 11,656 16 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 56,340 80 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 654,986 862 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 419,007 559 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 3,347 3 0.0%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 396,694 408 0.1%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 2,455,619 2,539 0.3%
Canadian National Railway Co. 144,777 18,015 2.5%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 383,347 392 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 574,463 593 0.1%
Canadian Pacific Railway Ltd. 64,098 19,239 2.6%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 333,347 336 0.0%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 770,000 790 0.1%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 290,000 303 0.0%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 20,640 28 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 360,871 473 0.1%
CBS Corp. 4.20% 06-01-2029 Callable 2029 575,578 784 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 426,694 445 0.1%
CCO Holdings LLC 4.00% 03-01-2023 Callable 2019 144A 12,272 17 0.0%
CCO Holdings LLC 5.88% 04-01-2024 Callable 2019 144A 16,735 23 0.0%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 100,904 131 0.0%
Celestica Inc. Sub. voting 923,965 8,824 1.3%
Celestica Inc. Term Loan B 1st Lien F/R 06-27-2025 4,451 6 0.0%
Cenovus Energy Inc. 707,858 9,400 1.3%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 26,776 35 0.0%
Centennial Resource Production LLC 6.88% 04-01-2027 Callable 2022 144A 17,850 25 0.0%
CES Energy Solutions Corp. 962,056 2,511 0.3%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 167,850 218 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 444,463 621 0.1%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 524,463 744 0.1%
Charter Communications Operating LLC Term Loan B 1st Lien F/R 04-15-2025 7,790 10 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 891,116 917 0.1%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 213,347 223 0.0%
Chesapeake Energy Corp. 5.75% Conv. Pfd. 4,041 3,046 0.4%
Chesapeake Energy Corp. 5.75% Conv. Pfd. Series A 26,354 18,460 2.5%
Choice Properties Real Estate Investment Trust 3.56% 09-09-2024 Callable 2024 170,000 174 0.0%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 752,272 787 0.1%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 470,204 635 0.1%
Citigroup Inc. 279,185 26,443 3.6%
Civitas Solutions Inc. Term Loan 1st Lien F/R 02-05-2026 7,810 11 0.0%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 89,252 124 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 51,320 65 0.0%
Comber Wind Financial Corp. 5.13% 11-15-2030 1,757,987 1,919 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 244,878 346 0.0%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 82,000 117 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 133,503 198 0.0%
CommScope Inc. Term Loan B2 1st Lien F/R 02-07-2026 134,503 182 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 80,123 117 0.0%
CommScope Technologies LLC 5.00% 03-15-2027 Callable 2022 144A 79,007 100 0.0%
Compagnie Financière Richemont SA 59,929 5,872 0.9%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 153,674 201 0.0%
Constellium NV 4.25% 02-15-2026 Callable 2020 20,082 31 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 101,524 139 0.0%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 118,966 161 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 323,347 338 0.0%
Cordelio Amalco GP I 4.09% 09-30-2034 319,749 334 0.0%
Corus Entertainment Inc. Class B non-voting 960,130 7,316 1.1%
Credit Acceptance Corp. 6.63% 03-15-2026 Callable 2022 21,197 30 0.0%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 202,231 213 0.0%
Crosslinx Transit Solutions General Partnership 4.65% 09-30-2046 1,500,000 1,585 0.2%
Crown Subsea Communications Holing Inc. Term Loan 1st Lien F/R 11-02-2025 209,659 279 0.0%
CSC Holdings LLC 6.50% 02-01-2029 Callable 2024 144A 34,585 50 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 550,000 581 0.1%
CU Inc. 3.95% 11-23-2048 Callable 2048 4,463 5 0.0%
CU Inc. 3.96% 07-27-2045 Callable 250,000 272 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 18,966 27 0.0%
CVS Health Corp. 43,684 3,183 0.4%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 69,170 91 0.0%
DAVITA Inc. 77,363 5,725 0.7%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 179,632 232 0.0%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 64,038 48 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 110,000 151 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 220,000 315 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 220,000 320 0.0%
Discovery Communications Inc. Class C 137,179 5,286 0.7%
DISH DBS Corp. 5.88% 11-15-2024 56,898 66 0.0%
DMT Solutions Global Corp. Term Loan 1st Lien F/R 06-25-2024 5,369 7 0.0%
Drax Group PLC 6.63% 11-01-2025 Callable 2021 144A 55,783 76 0.0%
Drive Chassis Holdco LLC. Term Loan 2nd Lien F/R 04-12-2026 12,272 16 0.0%
E-L Financial Corp. Ltd. 16,364 13,173 1.8%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 770,194 1,027 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 86,167 116 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 197,474 258 0.0%
Electrical Components International Inc. Term Loan 2nd Lien F/R 06-22-2026 3,347 4 0.0%
Emera Inc. 2.90% 06-16-2023 5,578 6 0.0%
Empire Co. Ltd. Class A non-voting 398,855 11,886 1.7%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 690,000 695 0.1%
Enbridge Inc. 343,512 16,999 2.3%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 500,000 503 0.1%
Enbridge Inc. 4.57% 03-11-2044 2,350,000 2,455 0.3%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 2,997,838 2,956 0.4%
Enbridge Inc. F/R 04-12-2078 Callable 2028 1,124,667 1,201 0.2%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 69,505 92 0.0%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 640,000 657 0.1%
Ensco PLC Class A 194,839 3,647 0.5%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 148,875 200 0.0%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 12,241 16 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 153,796 204 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 527,810 541 0.1%
EPR Properties 4.95% 04-15-2028 Callable 2028 378,925 532 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 195,850 265 0.0%
Exela Intermediate LLC Term Loan B 1st Lien F/R 07-12-2023 12,717 17 0.0%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.63% 08-15-2026 Callable 2021 144A 175,715 199 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 68,055 72 0.0%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 670,000 735 0.1%
Fairfax Financial Holdings Ltd. 7.75% 07-15-2037 6,130,000 9,788 1.4%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 1,700,000 2,737 0.4%
Fairfax Financial Holdings Ltd. Sub. voting 18,405 11,759 1.6%
Fédération des Caisses Desjardins du Québec 2.09% 01-17-2022 35,701 36 0.0%
Fédération des Caisses Desjardins du Québec 3.06% 09-11-2023 923,429 954 0.1%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 20,032 27 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 66,939 89 0.0%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 69,330 88 0.0%
Fortified Trust 2.56% 03-23-2024 484,463 489 0.1%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 100,000 105 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 190,286 263 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 79,211 109 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 89,775 120 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 89,252 122 0.0%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 163,270 219 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 256,652 251 0.0%
Futures Contracts -270 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 30,123 38 0.0%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 23,429 33 0.0%
Gateway Casinos & Entertainment Ltd. Term Loan B 1st Lien F/R 03-13-2025 36,758 50 0.0%
General Electric Co. 315,968 4,305 0.6%
George Weston Ltd. 41,674 4,169 0.5%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 49,089 64 0.0%
GFL Environmental Inc. 5.63% 05-01-2022 Callable 2019 144A 43,429 58 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 88,014 115 0.0%
GFL Environmental Inc. 8.50% 05-01-2027 Callable 2022 144A 33,470 47 0.0%
GFL Environmental Inc. Term Loan B 1st Lien F/R 05-31-2025 123,128 164 0.0%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 34,585 38 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 287,082 299 0.0%
Golden Entertainment Inc. 7.63% 04-15-2026 Callable 2022 144A 18,966 26 0.0%
Government of Aruba 6.50% 01-31-2029 94,830 141 0.0%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 1,000,000 1,348 0.2%
Government of Bermuda 4.13% 01-03-2023 430,000 595 0.1%
Government of Bermuda 4.85% 02-06-2024 331,000 475 0.1%
Government of Canada 1.00% 06-01-2027 571,116 542 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 8,020,000 10,528 1.5%
Government of Canada 1.50% 09-01-2024 3,014,463 3,006 0.4%
Government of Canada 1.75% 05-01-2021 1,587,850 1,594 0.2%
Government of Canada 2.00% 09-01-2023 4,463 5 0.0%
Government of Canada 2.25% 06-01-2025 650,000 675 0.1%
Government of Canada 2.75% 12-01-2048 22,290,000 26,061 3.5%
Government of Dominican Republic 7.45% 04-30-2044 51,320 79 0.0%
Government of Mexico 7.50% 06-03-2027 1,424,686 97 0.0%
Gray Escrow Inc. 7.00% 05-15-2027 Callable 2022 144A 7,810 11 0.0%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 161,116 163 0.0%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 04-05-2024 12,272 16 0.0%
Grifols Worldwide Operations USA Inc. Term Loan B 1st Lien F/R 01-31-2025 71,967 97 0.0%
Guala Closures SpA F/R 04-15-2024 Callable 2019 84,789 129 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,150,000 1,160 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 304,463 309 0.0%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 172,867 220 0.0%
Halo Buyer Inc. Delayed Draw Term Loan 1st Lien F/R 06-28-2025 26,155 35 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 62,108 83 0.0%
Hang Lung Properties Ltd. 1,785,000 5,621 0.7%
HCA Holdings Inc. 5.25% 06-15-2026 Callable 2025 40,163 58 0.0%
HCA Inc. 5.88% 02-01-2029 Callable 2028 30,123 43 0.0%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 8,227 11 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04-17-2025 367,636 486 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 131,647 135 0.0%
Heathrow Funding Ltd. 3.40% 03-08-2028 701,157 716 0.1%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 544,463 563 0.1%
Hitachi Ltd. 104,800 4,677 0.6%
Horizon Pharma Financing Inc. 6.63% 05-01-2023 Callable 2018 144A 35,701 49 0.0%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 24,374 33 0.0%
HSBC Bank Canada 3.25% 09-15-2023 600,000 620 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 1,310,000 1,339 0.2%
Hudson's Bay Co. 1,002,092 7,466 1.1%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 6,735 85 0.0%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 383,347 386 0.1%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 310,000 312 0.0%
Hydro One Inc. 3.72% 11-18-2047 1,950,000 1,992 0.3%
IEA Energy Services LLC Term Loan 1st Lien F/R 11-02-2024 228,681 269 0.0%
Ineos US Finance LLC Term Loan B 1st Lien F/R 03-31-2024 80,296 107 0.0%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 190,082 244 0.0%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 167,850 224 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 10-31-2022 425,602 569 0.1%
Intelsat Jackson Holdings SA Term Loan B3 1st Lien F/R 11-27-2023 72,517 97 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,060,000 1,054 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 930,000 946 0.1%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 304,912 315 0.0%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 367,081 487 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 156,302 210 0.0%
International Finance Corp. 3.63% 05-20-2020 1,490,000 1,358 0.2%
International Finance Corp. 7.00% 07-20-2027 2,340,635 152 0.0%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 273,948 358 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 350,000 383 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 845,080 1,073 0.1%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 69,170 71 0.0%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 250,250 270 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 07-19-2019 1,793 43 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 05-17-2019 1,793 15 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 06-21-2019 436 11 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 09-20-2019 356 40 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 302,231 309 0.0%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 191,238 256 0.0%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 111,157 148 0.0%
JBS USA Lux SA 5.88% 07-15-2024 Callable 2019 144A 43,510 60 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 44,626 61 0.0%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 87,790 105 0.0%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 143,420 190 0.0%
Kestra Advisor Services Holdings A Inc. Term Loan 1st Lien F/R 04-29-2026 20,082 27 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 139,016 187 0.0%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 43,874 58 0.0%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 13,321 18 0.0%
Kirin Holdings Co. Ltd. 127,200 3,838 0.5%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 95,783 93 0.0%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 253,994 339 0.0%
Lamb Weston Holdings Inc. 4.63% 11-01-2024 Callable 2021 144A 52,436 71 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 30,123 41 0.0%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 279,778 354 0.0%
Laurentian Bank of Canada 3.00% 09-12-2022 1,116 1 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 867,187 1,164 0.2%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 66,939 92 0.0%
Liberty Global PLC Class A 242,236 8,766 1.2%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 280,898 381 0.0%
LifeScan Global Corp. Term Loan 1st Lien F/R 06-19-2024 422,595 558 0.1%
LifeScan Global Corp. Term Loan 2nd Lien F/R 06-19-2025 8,925 11 0.0%
Linamar Corp. 151,911 7,720 1.1%
Lions Gate Capital Holdings LLC 6.38% 02-01-2024 Callable 2021 144A 11,157 16 0.0%
Loblaw Companies Ltd. 296,826 19,480 2.6%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 25,646 24 0.0%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 1,738,081 1,885 0.2%
Mackenzie Global Tactical Bond Fund Series R 628,676 5,849 0.8%
Mackenzie Unconstrained Fixed Income Fund Series R 419,961 4,173 0.5%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 40,051 3,965 0.5%
Manulife Bank of Canada 2.84% 01-12-2023 547,810 558 0.1%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 324,463 332 0.0%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 1,070,000 1,082 0.1%
Manulife Financial Corp. Pfd. Series 13 1,428 28 0.0%
Marriott Ownership Resorts Inc. 6.50% 09-15-2026 Callable 2021 144A 39,048 55 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 83,687 84 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 40,000 55 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 139,045 168 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 49,051 65 0.0%
MEG Energy Corp. 6.38% 01-30-2023 Callable 144A 127,891 162 0.0%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2018 144A 172,478 220 0.0%
Mercer International Inc. 7.38% 01-15-2025 Callable 2021 144A 31,238 44 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 61,361 86 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 41,899 56 0.0%
Milk Specialties Co. Term Loan 1st Lien F/R 08-16-2023 655,312 881 0.1%
Millar Western Forest Products Ltd. 9.50% 06-20-2023 Callable 2020 32,354 33 0.0%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 212,313 282 0.0%
Morgan Stanley 3.00% 02-07-2024 1,466,980 1,485 0.2%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 108,966 147 0.0%
National Bank of Canada 1.96% 06-30-2022 1,950,000 1,937 0.3%
National Bank of Canada 2.98% 03-04-2024 231,116 236 0.0%
NAV Canada 3.21% 09-29-2050 Callable 2050 40,000 41 0.0%
NAV Canada 3.29% 03-30-2048 Callable 2047 380,000 393 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 246,658 327 0.0%
Netflix Inc. 3.88% 11-15-2029 74,749 115 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 111,446 149 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 155,660 198 0.0%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 49,089 68 0.0%
Nokia OYJ 3.38% 06-12-2022 20,082 27 0.0%
Nokia OYJ 5.38% 05-15-2019 53,886 72 0.0%
NORDAM Group Inc. Term Loan B-Exit 1st Lien F/R 04-04-2026 12,272 17 0.0%
North Battleford Power LP 4.96% 12-31-2032 870,470 970 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 1,570,000 1,553 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 510,000 521 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 429,902 457 0.1%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 232,231 229 0.0%
Novartis AG Reg. 24,706 2,704 0.4%
NRG Yield Operating LLC 5.38% 08-15-2024 Callable 49,089 67 0.0%
Nufarm Australia Ltd. 5.75% 04-30-2026 Callable 2021 144A 73,633 92 0.0%
Numericable-SFR 7.38% 05-01-2026 Callable 2021 144A 51,320 70 0.0%
Nutrien Ltd. 277,126 20,135 2.7%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 40,163 40 0.0%
NVA Holdings Inc. 6.88% 04-01-2026 Callable 2021 16,735 23 0.0%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 27,572 37 0.0%
OCI NV 6.63% 04-15-2023 Callable 2020 144A 78,096 110 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 228,573 311 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 540,000 737 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,250,000 1,299 0.2%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 750,000 802 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 630,000 646 0.1%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 400,000 407 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 202,231 220 0.0%
Oracle Corp. 70,632 5,236 0.7%
Ortho-Clinical Diagnostics Inc. Term Loan B 1st Lien F/R 06-01-2025 71,067 94 0.0%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 69,001 92 0.0%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 457,700 488 0.1%
Panther BF Aggregator 2 LP 4.38% 05-15-2026 Callable 2022 11,157 17 0.0%
Panther BF Aggregator 2 LP 6.25% 05-15-2026 144A 42,395 59 0.0%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 15,619 22 0.0%
Panther BF Aggregator 2 LP Term B 1st Lien F/R 03-18-2026 169,007 228 0.0%
Par Pharmaceutical Inc. 7.50% 04-01-2027 Callable 2022 144A 17,850 25 0.0%
Park Aerospace Holdings Ltd. 5.25% 08-15-2022 144A 32,272 45 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 164,259 225 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 131,647 136 0.0%
Parsely Energy Inc. Class A 60,922 1,629 0.2%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 150,000 155 0.0%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 293,347 297 0.0%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 510,000 536 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 41,279 56 0.0%
Petroleos De Venezuela SA 6.00% 05-16-2024 347,932 117 0.0%
Philip Morris International Inc. 21,493 2,493 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 89,048 111 0.0%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 99,428 132 0.0%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 169,007 223 0.0%
Prairie ECI Acquiror LP Term Loan 1st Lien F/R 03-07-2026 47,810 65 0.0%
Precision Drilling Corp. 3,065,876 10,087 1.4%
Premier Dental Services Inc. Term Loan B 1st Lien F/R 06-30-2023 16,886 22 0.0%
Premier Foods Finance PLC 6.25% 10-15-2023 Callable 2020 72,517 132 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 200,694 268 0.0%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 26,452 34 0.0%
Province of Newfoundland 3.00% 06-02-2026 1,420,000 1,474 0.2%
Province of Newfoundland 3.70% 10-17-2048 2,330,000 2,582 0.3%
Province of Ontario 2.65% 02-05-2025 950,000 979 0.1%
Province of Ontario 2.70% 06-02-2029 1,680,000 1,719 0.2%
Province of Ontario 2.90% 06-02-2028 270,000 281 0.0%
Province of Ontario 2.90% 06-02-2049 19,000,000 19,282 2.6%
Province of Ontario 4.60% 06-02-2039 1,780,000 2,261 0.3%
Province Of Quebec 2.75% 09-01-2028 2,980,000 3,078 0.4%
Province of Quebec 3.50% 12-01-2048 7,670,000 8,762 1.2%
Province of Saskatchewan 3.30% 06-02-2048 1,220,000 1,324 0.2%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 266,625 355 0.0%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 145,035 169 0.0%
Quad/Graphics Inc. 7.00% 05-01-2022 33,470 46 0.0%
Quebecor Media Inc. 6.63% 01-15-2023 144A 24,098 26 0.0%
R.R. Donnelley & Sons Co. Term Loan B 1st Lien F/R 01-04-2024 7,790 10 0.0%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 138,950 186 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 362,436 453 0.1%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 104,306 145 0.0%
Renfro Corp. Term Loan B 1st Lien F/R 03-31-2021 323,518 424 0.1%
Republic of Argentina 5.88% 01-11-2028 100,966 94 0.0%
Republic of Argentina 6.88% 01-11-2048 18,966 17 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 876,510 1,180 0.2%
Resolute Forest Products Inc. 5.88% 05-15-2023 6,694 9 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 44,626 61 0.0%
Rite Aid Corp. 6.13% 04-01-2023 Callable 2018 144A 14,503 17 0.0%
Rite Aid Corp. 7.70% 02-15-2027 113,796 94 0.0%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 403,347 405 0.1%
Royal Bank of Canada 2.36% 12-05-2022 7,810 8 0.0%
Royal Bank of Canada 2.95% 05-01-2023 1,470,000 1,510 0.2%
Royal Bank of Canada 3.30% 09-26-2023 432,231 447 0.1%
Russel Metals Inc. 6.00% 03-16-2026 Callable 2021 41,279 42 0.0%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 9,148,337 180 0.0%
Sabre Industries Inc. Term Loan B 1st Lien F/R 04-09-2026 8,925 12 0.0%
Samsung Electronics Co. Ltd. 144,523 7,625 1.1%
Sanofi 25,885 3,014 0.4%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 178,019 241 0.0%
Scientific Games International Inc. 3.38% 02-15-2026 Callable 2021 75,306 112 0.0%
Scientific Games International Inc. 6.63% 05-15-2021 Callable 2019 33,470 45 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 936,526 925 0.1%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 858,925 924 0.1%
Shaw Communications Inc. Pfd Series A 3,185 45 0.0%
ShawCor Ltd. 343,938 6,837 1.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 116,735 173 0.0%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 153,221 205 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 99,250 131 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 11,157 15 0.0%
SoftBank Group Corp. 6.13% 04-20-2025 Callable 2025 36,816 52 0.0%
Sorenson Communications LLC Term Loan 1st Lien F/R 03-14-2024 15,619 21 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 218,668 211 0.0%
Source Energy Services Ltd. 1,916 3 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 284,463 386 0.1%
Sprint Corp. 7.13% 06-15-2024 17,850 24 0.0%
Sprint Corp. 7.88% 09-15-2023 18,966 27 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 290,000 396 0.1%
Spy Hill Power LP 4.14% 03-31-2036 781,274 826 0.1%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 244,922 320 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 100,642 135 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 9,652 13 0.0%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 130,485 171 0.0%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 144A 71,157 98 0.0%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 112,932 152 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 89,252 159 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 1,370,000 1,390 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,810,000 1,846 0.2%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 457,810 463 0.1%
Suncor Energy Inc. 173,313 7,657 1.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 184,082 182 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 247,021 342 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 1,337,021 1,785 0.2%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 99,000 127 0.0%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 504,463 524 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 94,708 138 0.0%
Teck Resources Ltd. Class B 427,886 13,555 1.9%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 22,313 30 0.0%
Telenet Financing USD LLC Term Loan AN 1st Lien F/R 08-15-2026 72,517 97 0.0%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 222,231 223 0.0%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 430,000 461 0.1%
Tenaris SA ADR 99,944 3,714 0.5%
Tenet Healthcare Corp. 6.25% 02-01-2027 Callable 2022 144A 37,932 53 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 70,286 96 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 185,803 246 0.0%
Teva Pharmaceutical Industries Ltd. 2.20% 07-21-2021 138,494 178 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 35,701 44 0.0%
The Bank of Nova Scotia 2.29% 06-28-2024 680,000 679 0.1%
The GEO Group Inc. 5.88% 01-15-2022 Callable 2020 16,735 22 0.0%
The Goldman Sachs Group Inc. 20,980 5,788 0.8%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 4,610,000 4,238 0.6%
The KeyW Holding Corp. Term Loan 1st Lien F/R 05-04-2024 130,233 176 0.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 76,980 76 0.0%
The Toronto-Dominion Bank 2.85% 03-08-2024 715,578 728 0.1%
The Toronto-Dominion Bank 3.01% 05-30-2023 510,000 526 0.1%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 285,847 377 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 76,980 95 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 254,463 259 0.0%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 281,116 294 0.0%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 1,010,000 1,086 0.1%
Tourmaline Oil Corp. 520,806 10,432 1.5%
TransAlta Corp. 172,759 1,562 0.2%
TransAlta Corp. Pfd. Series A 33,454 409 0.1%
TransCanada Corp. Pfd. Series 15 17,718 453 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 402,231 413 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 100,000 104 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 692,231 658 0.1%
Transocean Ltd. 171,989 1,811 0.2%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 887,810 962 0.1%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/ R 03-18-2026 348,014 457 0.1%
Trico Group LLC. Term Loan 1st Lien F/R 02-02-2024 97,512 124 0.0%
Trillium Windpower LP 5.80% 02-15-2033 810,127 937 0.1%
Uber Technologies Inc. 8.00% 11-01-2026 Callable 2021 144A 343,878 493 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 638,746 857 0.1%
UBS Group AG 144,281 2,593 0.3%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 286,496 377 0.0%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 232,554 278 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 510,000 522 0.1%
Union Pacific Corp. 17,810 4,224 0.6%
United States Treasury 2.50% 03-31-2024 683,429 909 0.1%
United States Treasury 2.63% 02-15-2029 450,000 610 0.1%
United States Treasury 2.75% 02-15-2028 800,000 1,096 0.1%
United States Treasury 2.88% 08-15-2028 920,000 1,273 0.2%
United States Treasury 3.13% 11-15-2028 1,190,000 1,681 0.2%
USA Compression Partners LP 6.88% 09-01-2027 Callable 2022 22,313 32 0.0%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 454,463 497 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 940,000 934 0.1%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 340,000 462 0.1%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 121,661 163 0.0%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 109,157 147 0.0%
Vesta Energy Corp. 8.13% 07-24-2023 Callable 2020 144A 33,470 31 0.0%
ViaSat Inc. 5.63% 04-15-2027 Callable 2022 144A 21,197 29 0.0%
Vidéotron Ltée 5.63% 06-15-2025 Callable 2025 13,946 15 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 33,470 36 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 184,797 247 0.0%
Vodafone Group PLC 3.75% 01-16-2024 230,000 316 0.0%
VRX Escrow Corp. 6.13% 04-15-2025 Callable 2020 144A 31,238 42 0.0%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 301,238 407 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 196,326 236 0.0%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 224,871 327 0.0%
Wabtec Corp. 1,697 168 0.0%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 21,197 28 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 08-16-2022 326,103 435 0.1%
Wells Fargo & Co. 129,200 8,380 1.2%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 1,077,810 1,102 0.1%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 333,347 458 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 254,463 353 0.0%
WestJet Airlines Ltd. 77,075 1,457 0.2%
Westshore Terminals Investment Corp. 347,698 7,309 1.1%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 133,170 188 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 49,530 69 0.0%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 312,816 365 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 388,908 515 0.1%
Ziggo Secured Finance Partnership Term Loan E 1st Lien F/R 04-27-2025 161,769 215 0.0%
Zimmer Biomet Holdings Inc. 9,305 1,535 0.2%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 263,250 354 0.0%
Total Investments -- 747,844 97.7%
Cash & Equivalents -- 16,048 2.1%
Currency Hedge Contracts -- -774 -0.1%
Other Assets (Liabilities) -- 2,040 0.3%
Total Net Assets -- 765,158 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2019
  • Regional Allocation
      Canada
    EQ : 37.2% | FI : 27.4%
    64.6%
      United States
    EQ : 16.8% | FI : 8.0%
    24.8%
      Other
    EQ : 4.1% | FI : 1.8%
    5.9%
      Switzerland
    EQ : 1.6%
    1.6%
      United Kingdom
    EQ : 1.3% | FI : 0.6%
    1.9%
      New Zealand
    FI : 0.6%
    0.6%
      Cash & Equivalents 0.6%
  • Sector Allocation
      Fixed Income 38.4%
      Financials 14.5%
      Energy 11.1%
      Consumer Staples 8.4%
      Industrials 7.6%
      Materials 4.2%
      Information Technology 3.4%
      Consumer Discretionary 3.3%
      Communication Serv. 3.1%
      Other 2.7%
      Health Care 2.7%
      Cash & Equivalents 0.6%
Credit Allocation (%)
AAA 5.4%
AA 4.7%
A 9.5%
BBB 10%
BB 1.2%
B 3.1%
CCC & Below 0.5%
NR 0.4%
Cash & Equivalents 1%
Equities 64.3%

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

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

Nelson Arruda, CFA

Vice President, Portfolio Manager

Mackenzie Multi-Asset Strategies Team

Investment experience since 2009

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Note: USD option is capped to new purchases.

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

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

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 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.