Fund Portfolio – Mackenzie Floating Rate Income Fund Series A MFC4324 MFC7210 MFC4325 MFC4326 MFC7211 MFC4327 | Mackenzie Investments

Mackenzie Floating Rate Income Fund Series A

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of February 28, 2017
Major holdings represent 16.7% of the fund.
View all holdings
Total # of
Equity Holdings
8
Total # of
Fixed Income Holdings
186
Holding name, country and sector Percentage of holding in fund
JBS USA LUX SA Term Loan B 1st Lien F/R 10-30-2022
Brazil | Bank Loans
2.2%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023
United States | Bank Loans
2.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien
United States | Bank Loans
1.7%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien
United States | Bank Loans
1.7%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024
United States | Bank Loans
1.7%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023
Canada | Bank Loans
1.6%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien
United States | Bank Loans
1.5%
Dell International Term Loan 1st Lien F/R 09-07-2023
United States | Bank Loans
1.5%
Hyperion Insurance Group Ltd. Term Loan B 1st Lien F/R
United States | Bank Loans
1.5%
SourceHOV LLC Term Loan B 1st Lien F/R 10-29-2019
United States | Bank Loans
1.4%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Advanced Micro Devices Inc. 7.00% 07-01-2024 Callable 2019 1,878,000 2,629 0.6%
AGT Food and Ingredients Inc. 5.88% 12-21-2021 Callable 2018 1,080,000 1,094 0.3%
Air Medical Group Holdings Inc. Term Loan B 1st Lien F/R 04-16-2022 366,146 491 0.1%
Albertsons LLC. Term Loan B4 1st Lien F/R 08-22-2021 315,708 430 0.1%
Alliant Holdings Intermediate LLC Term Loan B2 1st Lien F/R 08-14-2022 2,054,850 2,795 0.7%
Ally Financial Inc. 8.00% 12-31-2018 720,000 1,056 0.3%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 1,640,000 2,359 0.6%
Amaya Holdings BV Term Loan 1st Lien F/R 08-01-2021 366,146 495 0.1%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 03-06-2023 750,000 993 0.2%
Antero Resources Corp. 5.625% 06-01-2023 Callable 290,000 399 0.1%
Aretec Group Inc. 26,552 517 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 880,000 1,205 0.3%
Asurion LLC Term Loan B 1st Lien F/R 08-04-2022 364,731 496 0.1%
Avago Technologies Cayman Finance Ltd. Term Loan B3 1st Lien F/R 02-01-2023 215,638 294 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 1,090,000 1,436 0.3%
Berry Plastics Group Inc. Term Loan H 1st Lien F/R 10-01-2022 349,552 475 0.1%
BMC Software Inc. Term Loan B 1st Lien F/R 09-11-2020 366,048 491 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 1,598 33 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 38,350 984 0.2%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 1,070,000 1,437 0.3%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 4,820,000 6,564 1.6%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 770,000 1,075 0.3%
Canada Housing Trust No. 1 1.075% 09-15-2021 4,900,000 4,914 1.2%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 4,225,603 5,649 1.3%
Charter Communications Term Loan I 1st Lien F/R 01-24-2023 366,160 495 0.1%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 366,146 477 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 3,142,125 4,186 1.0%
Commonwealth of Bahamas 5.75% 01-16-2024 620,000 851 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 3,722,236 5,066 1.2%
Community Health Systems Inc. 7.125% 07-15-2020 Callable 670,000 688 0.2%
Computer Sciences Government Services Inc. Term Loan B 1st Lien F/R 10-29-2022 229,348 313 0.1%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 1,070,000 1,265 0.3%
Constellation Brands Canada Inc. Term Loan B 1st Lien F/R 11-15-2023 2,710,000 3,687 0.9%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 1,570,000 2,102 0.5%
CSC Holdings LLC 10.125% 01-15-2023 Callable 2019 144A 530,000 824 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 2,320,000 2,333 0.6%
CSM NV Term Loan B F/R 05-23-2020 3,924,587 4,785 1.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 2,839,509 3,872 0.9%
CTI Foods Holding Co. LLC Term Loan 1st Lien F/R 06-14-2020 280,545 370 0.1%
CTI Foods Holding Co. LLC Term Loan 2nd Lien F/R 06-14-2021 300,000 365 0.1%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 700,000 969 0.2%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 290,000 387 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 2,203,351 2,738 0.7%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 5,300,000 7,251 1.7%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 820,000 826 0.2%
Diebold Inc. 8.5% 04-15-2024 Series WI 620,000 901 0.2%
DigitalGlobe Inc. Term Loan B 1st Lien F/R 12-22-2023 2,050,000 2,778 0.7%
Dollar Tree Inc. Term Loan B 1st Lien F/R 07-06-2022 108,443 147 0.0%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 3,530,000 4,298 1.0%
Dynamic Energy Services International LLC Term Loan B 1st Lien F/R 03-05-2018 2,525,000 1,611 0.4%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 5,453,225 7,217 1.7%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 44,041 761 0.2%
Energy Solutions LLC Term Loan B 1st Lien F/R 05-06-2020 3,295,135 4,483 1.1%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 2,598,074 3,402 0.8%
FBM Finance Inc. 8.25% 08-15-2021 Callable 2018 144A 2,095,000 2,982 0.7%
FCA US LLC Term Loan B 1st Lien F/R 05-24-2017 368,000 496 0.1%
Flex Acquisition Co. Inc. Term Loan 1st Lien F/R 12-16-2023 3,460,000 4,700 1.1%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 1,578,000 2,123 0.5%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 2,210,000 2,988 0.7%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 3,899,529 2,751 0.7%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 730,000 1,016 0.2%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 1,180,000 1,335 0.3%
Frontier Communications Corp. 8.75% 04-15-2022 1,310,000 1,746 0.4%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 3,038,571 4,075 1.0%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 1,470,000 1,870 0.4%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 4,398,723 4,223 1.0%
Gates Global LLC Term Loan 1st Lien F/R 07-03-2021 365,157 492 0.1%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 1,850,000 1,852 0.4%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 760,000 1,125 0.3%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 100,000 105 0.0%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 6,325,000 8,392 2.0%
Grande Communications Networks LLC Bridge Loan 05-20-2017 1,790,000 0.0%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 1,090,000 1,147 0.3%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 2,253,171 2,959 0.7%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 180,000 206 0.0%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 4,515,000 5,783 1.4%
Hilex Poly Co. LLC Term Loan 1st Lien F/R 12-09-2021 2,271,241 3,082 0.7%
Hilton Worldwide Finance LLC Term Loan B1 1st Lien F/R 10-26-2020 240,600 326 0.1%
Hyperion Insurance Group Ltd. Term Loan B 1st Lien F/R 03-26-2022 5,387,525 7,277 1.7%
Imagine! Print Solutions Inc. Term Loan B 1st Lien F/R 03-16-2022 2,473,286 3,385 0.8%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 1,900,000 2,701 0.6%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 4,718,478 6,427 1.5%
Intelsat Connect Finance SA 12.50% 04-01-2022 218,000 182 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 330,000 374 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 400,000 521 0.1%
Intelsat Luxembourg SA 7.75% 06-01-2021 162,000 73 0.0%
International Equipment Solutions LLC Term Loan B 1st Lien F/R 07-25-2019 4,794,830 5,967 1.4%
Invenergy Thermal Operating I LLC Term Loan B 1st Lien F/R 10-09-2022 3,003,822 3,915 0.9%
iQor US Inc. Term Loan 2nd Lien F/R 02-20-2022 2,600,000 3,045 0.7%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 5,095,141 6,561 1.6%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 710,000 955 0.2%
Lanai Holdings III Inc. Term Loan B 1st Lien F/R 08-14-2022 931,792 1,250 0.3%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 2,565,000 3,403 0.8%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 3,679,174 4,946 1.2%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 2,910,000 3,636 0.9%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 400,000 570 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 3,702,000 5,058 1.2%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 2,555,000 3,458 0.8%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 1,566,205 1,962 0.5%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 1,977,500 1,849 0.4%
Mallinckrodt International Finance SA 5.625% 10-15-2023 Callable 2018 144A 420,000 526 0.1%
Manulife Bank of Canada F/R 06-01-2018 2,500,000 2,510 0.6%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 350,000 478 0.1%
Media General Inc. Term Loan B 1st Lien F/R 07-08-2020 322,745 434 0.1%
Mexican Bonos 5.00% 12-11-2019 55,800,000 3,433 0.8%
Micron Technology Inc. Term Loan B 1st Lien F/R 04-26-2022 1,205,521 1,647 0.4%
MJ Acquisition Corp. Term Loan 1st Lien F/R 04-08-2022 366,146 495 0.1%
MPLX LP 4.5% 07-15-2023 200,000 274 0.1%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 1,171,400 1,582 0.4%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 3,670,000 0.0%
Nexstar Broadcasting Group Inc. Term loan B 1st lien F/R 09-22-2023 1,310,000 1,777 0.4%
Nielsen Finance LLC Term Loan B3 1st Lien F/R 09-28-2023 700,000 950 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 2,615,453 3,364 0.8%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 2,715,000 3,484 0.8%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 1,110,000 1,531 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 720,000 993 0.2%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 630,000 715 0.2%
Oxbow Carbon & Minerals LLC Term Loan B 2nd Lien F/R 01-19-2020 2,800,000 3,724 0.9%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 2,502,444 3,357 0.8%
Parfums de Coeur Ltd. Term Loan 1st Lien F/R 06-30-2022 316,904 426 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 730,000 753 0.2%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 850,000 886 0.2%
PBF Holding Co. LLC 7.00% 11-15-2023 Callable 2018 144A 1,530,000 2,049 0.5%
Peacock Engineering Co. LLC Term Loan 1st Lien F/R 06-30-2022 884,177 1,181 0.3%
Petco Animal Supplies Inc. Term Loan B1 1st Lien F/R 01-26-2023 365,240 495 0.1%
Plaskolite Inc. Term Loan 1st Lien F/R 11-02-2022 1,392,846 1,873 0.4%
Platform Specialty Products Corp. 10.375% 05-01-2021 144A Callable 590,000 880 0.2%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 2,243,533 3,037 0.7%
Presidio Inc. Term Loan 1L F/R 02-02-2022 1,838,667 2,490 0.6%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 3,211,849 4,321 1.0%
Propulsion Acquisition LLC Term Loan 1st Lien F/R 06-18-2021 3,465,000 4,562 1.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-01-2022 5,344,913 7,074 1.7%
Province of Ontario F/R 03-16-2021 1,350,000 1,361 0.3%
Province of Ontario F/R 10-27-2021 4,900,000 4,893 1.2%
Q Holdings Co. Term Loan B 1st Lien F/R 12-18-2021 3,780,000 5,012 1.2%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 1,250,000 1,695 0.4%
Quad Graphics Inc. 7.00% 05-01-2022 1,320,000 1,733 0.4%
Quebecor Media Inc. 6.625% 01-15-2023 144A 90,000 95 0.0%
Quicken Loans Inc. 5.75% 05-01-2025 Callable 2020 144A 730,000 958 0.2%
Quorum Health Corp. 11.625% 04-15-2023 Callable 2019 144A 570,000 642 0.2%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 1,120,000 1,466 0.4%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 2,422,829 2,914 0.7%
Resolute Forest Products Inc. 5.875% 05-15-2023 1,920,000 2,333 0.6%
Riverbed Technology Inc. Term Loan 1st Lien F/R 04-27-2022 368,000 498 0.1%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 3,515,000 4,699 1.1%
Scientific Games International Inc. Term Loan B1 1st Lien F/R 10-18-2020 366,118 499 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 2,115,000 2,885 0.7%
SIG Combibloc Purhcase Co. Sarl Term Loan B 1st Lien F/R 03-13-2022 354,592 481 0.1%
Solenis International LP Term Loan 2nd Lien F/R 07-02-2022 1,290,000 1,715 0.4%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 1,920,000 2,046 0.5%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 2,857,802 3,283 0.8%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 2,510,000 3,421 0.8%
Team Health Inc. Term Loan B 1st Lien F/R 11-23-2022 366,160 493 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 2,400,000 3,025 0.7%
Tenet Healthcare Corp. 6.75% 06-15-2023 1,020,000 1,212 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 820,000 854 0.2%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 670,000 913 0.2%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 345,000 457 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 365,184 429 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 1,052,263 1,387 0.3%
TransAlta Corp. 5.00% 11-25-2020 650,000 669 0.2%
TransCanada Corp. 4.00% Pfd. Series 7 6,392 120 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 5,413 107 0.0%
TransCanada Corp. Pfd. Series 15 96,849 2,466 0.6%
Travel Leaders Group LLC Term Loan 1st Lien F/R 12-05-2020 (Refinance) 3,466,229 4,648 1.1%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 348,237 472 0.1%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 420,909 570 0.1%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 4,209,091 5,701 1.4%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 365,233 461 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 3,000,000 4,062 1.0%
US Farathane LLC Term Loan B 1st Lien F/R 12-23-2021 358,800 484 0.1%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 3,868,161 5,220 1.2%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 559,000 583 0.1%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 3,047,363 4,089 1.0%
Verdesian Life Sciences LLC Term Loan 1st Lien F/R 06-25-2020 3,318,655 3,991 1.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 350,000 363 0.1%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 630,000 639 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 2,530,000 2,570 0.6%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 2,890,000 3,767 0.9%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 14,700 379 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 4,638,375 6,275 1.5%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 1,052,500 1,423 0.3%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 4,695,000 6,308 1.5%
Xerox Business Services LLC Term Loan B 1st Lien F/R 11-18-2023 3,430,000 4,672 1.1%
Total Investments -- 403,787 95.6%
Cash & Equivalents -- 32,024 8.6%
Currency Hedge Contracts -- -1,932 -0.5%
Other Assets (Liabilities) -- -15,421 -3.7%
Total Net Assets -- 418,458 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      United States
    80.9%
      Canada
    12.4%
      Brazil
    2.2%
      Sweden
    0.9%
      Mexico
    0.7%
      Cayman Islands
    0.6%
      Other
    0.5%
      Luxembourg
    0.5%
      Bahamas
    0.5%
      France
    0.5%
      Cash & Equivalents 0.3%
  • Sector Allocation
      Bank Loans 83.9%
      Corporate Bonds 10.8%
      Equities 1.8%
      Provincial Bonds 1.3%
      Federal Bonds 1%
      Foreign Fixed Income 0.9%
      Cash & Equivalents 0.3%
Credit Allocation (%)
AAA 1%
AA 1.3%
A 1.2%
BBB 5.9%
BB 19.7%
B 54.7%
C 6.9%
NR 7.1%
Cash & Equivalents 0.3%
Equities 1.8%

Other Global Fixed Income Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

You can no longer purchase this fund under the US dollar settlement option.

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.

* S&P/LTSA LEVERAGED LOAN TR CDN

†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).