Fund Portfolio – Mackenzie Global Equity Fund Series F MFC099 | Mackenzie Investments

Mackenzie Global Equity Fund Series F

Asset Class: Global Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 22.6% of the fund.
View all holdings
Total # of
Equity Holdings
81
Holding name, country and sector Percentage of holding in fund
Mackenzie Global Long/Short Equity Alpha Fund Series R
Canada | Mutual Funds
3.7%
Apple Inc
United States | Technology Hardware, Storage & Peripherals
3.5%
Microsoft Corp
United States | Systems Software
2.4%
LVMH Moet Hennessy Louis Vuitton SE
France | Apparel Accessories & Lux Gds
2.0%
adidas AG
Germany | Apparel Accessories & Lux Gds
2.0%
Enel SpA
Italy | Electric Utilities
1.9%
Greggs PLC
United Kingdom | Restaurants
1.8%
Telstra Corp Ltd
Australia | Integrated Telecomm. Services
1.8%
United Rentals Inc
United States | Trading Companies/Distributors
1.7%
Walgreens Boots Alliance Inc
United States | Drug Retail
1.7%

Complete Fund Holdings Help Full holdings list

As of May 31, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
AAON Inc. 13,300 816 0.5%
AAR Corp. 22,000 895 0.6%
Acco Brands Corp. 78,000 775 0.5%
Adidas AG 7,600 2,940 1.8%
AerCap Holdings NV 27,785 1,683 1.1%
Agricultural Bank of China Ltd. H 3,491,000 2,022 1.3%
Allianz SE Reg. 7,007 2,104 1.3%
Allison Transmission Holdings Inc. 38,978 2,180 1.4%
Alphabet Inc. Class C 1,320 1,969 1.2%
AMC Entertainment Holdings Inc. Class A 71,945 1,165 0.7%
AMC Networks Inc. Class A 25,728 1,835 1.1%
AmerisourceBergen Corp. 15,641 1,646 1.0%
Amgen Inc. 8,563 1,929 1.2%
Anthem Inc. 5,152 1,935 1.2%
Apple Inc. 20,325 4,808 3.0%
Atkore International Group Inc. 27,366 865 0.5%
Barclays PLC 950,000 2,423 1.5%
Berkshire Hathaway Inc. Class B 12,000 3,202 2.0%
Best Buy Co. Inc. 20,884 1,769 1.1%
Bristol-Myers Squibb Co. 30,090 1,845 1.2%
Cardinal Health Inc. 21,351 1,214 0.8%
Celanese Corp. Series A 15,600 2,001 1.2%
Celgene Corp. 20,829 2,640 1.6%
CGI Inc. 29,546 2,911 1.8%
Corus Entertainment Inc. Class B non-voting 180,171 1,162 0.7%
Delta Electronics Inc. 394,000 2,406 1.5%
Deluxe Corp. 35,800 1,800 1.1%
Dunelm Group PLC 177,221 2,694 1.7%
Enel SPA 346,681 2,916 1.8%
Essent Group Ltd. 43,200 2,741 1.7%
Evercore Partners Inc. Class A 17,307 1,806 1.1%
Everest Re Group Ltd. 6,301 2,109 1.3%
Exxon Mobil Corp. 27,000 2,582 1.6%
F5 Networks Inc. 8,369 1,494 0.9%
FUJIFILM Holdings Corp. 26,600 1,724 1.1%
Garmin Ltd. 16,173 1,672 1.0%
Greggs PLC 82,868 3,077 1.9%
Hoya Corp. 15,000 1,413 0.9%
HSBC Holdings PLC 121,000 1,333 0.8%
Huntsman Corp. 75,383 1,770 1.1%
Iberdrola SA 211,800 2,659 1.7%
Intel Corp. 44,017 2,620 1.6%
Japan Post Holdings Co. Ltd. 54,000 809 0.5%
Kering 3,841 2,703 1.7%
Kohl's Corp. 21,187 1,412 0.9%
Legal & General Group PLC 174,410 764 0.5%
LVMH Moet Hennessy Louis Vuitton SE 5,900 3,017 1.9%
LyondellBasell Industries NV Class A 15,827 1,588 1.0%
Mackenzie Global Long/Short Equity Alpha Fund Series R 600,000 5,778 3.7%
Mallinckrodt PLC 78,826 926 0.6%
Manulife Financial Corp. 114,700 2,601 1.6%
Microsoft Corp. 21,989 3,675 2.3%
Monster Beverage Corp. 18,000 1,505 0.9%
NetApp Inc. 20,071 1,606 1.0%
Ping An Insurance (Group) Co. of China Ltd. H 80,000 1,194 0.7%
Porsche Automobil Holding SE Pfd. 29,000 2,443 1.5%
Principal Financial Group Inc. 33,792 2,355 1.5%
Progress Software Corp. 39,222 2,171 1.4%
Red Hat Inc. 9,600 2,391 1.5%
Reliance Steel & Aluminum Co. 14,103 1,587 1.0%
RenaissanceRe Holdings Ltd. 11,322 2,669 1.7%
Renewable Energy Group Inc. 48,842 1,032 0.6%
Ryder System Inc. 23,236 1,586 1.0%
Salmar ASA 20,199 1,248 0.8%
Seagate Technology 32,483 1,837 1.1%
Sinopec Shanghai Petrochemical Co. Ltd. Class H 2,718,000 1,602 1.0%
SK Hynix Inc. 9,321 692 0.4%
Sony Financial Holdings Inc. 63,600 1,909 1.2%
Target Corp. 12,858 1,398 0.9%
Telstra Corp. Ltd. 826,878 2,829 1.8%
The Procter & Gamble Co. 12,500 1,738 1.1%
The Progressive Corp. 20,335 2,179 1.4%
The Sage Group PLC 167,397 2,136 1.3%
Trinseo SA 22,470 1,119 0.7%
UDR Inc. 28,923 1,750 1.1%
United Continental Holdings Inc. 21,018 2,206 1.4%
United Rentals Inc. 16,916 2,517 1.6%
Valero Energy Corp. 15,406 1,466 0.9%
Warrior Met Coal Inc. 59,902 2,089 1.3%
Zon Multimedia Servicos de Telecomunicacoes e Multimedia SGPS SA 191,693 1,637 1.0%
Total Investments -- 159,714 99.6%
Cash & Equivalents -- 117 0.1%
Currency Hedge Contracts -- 12 0.0%
Other Assets (Liabilities) -- 436 0.3%
Total Net Assets -- 160,279 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2019
  • Regional Allocation
      United States
    60.1%
      Japan
    7.9%
      Other
    7.6%
      Canada
    5.6%
      United Kingdom
    5.0%
      Germany
    4.4%
      France
    3.2%
      Italy
    1.9%
      Australia
    1.8%
      Spain
    1.7%
      Cash & Equivalents 0.8%
  • Sector Allocation
      Information Technology 19.9%
      Financials 13.8%
      Consumer Discretionary 13.6%
      Industrials 10.5%
      Health Care 9.4%
      Consumer Staples 8.6%
      Communication Serv. 6.9%
      Materials 6.3%
      Other 4.8%
      Utilities 3.6%
      Energy 1.8%
      Cash & Equivalents 0.8%

Other Global Equity Funds

Portfolio Managers

Richard B. Weed, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Systematic Strategies Team

Investment experience since 1992

Note: USD option is capped to new purchases.

On November 25, 2016, Mackenzie Global Equity Fund changed its mandate to follow a rules-based investment strategy, pursuant to which, it will primarily in equities issued by companies of any size, anywhere in the world. Past performance was achieved under previous objectives. Concurrent with the change, Rick Weed assumed lead portfolio management responsibilities for the Fund.

Fund Risk Measures:
  • Annualized Standard Deviation: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the fund have historically been less volatile and vice-versa. Standard deviation is a measure of historical risk; future risk may be different.
  • Annualized Standard Deviation Benchmark: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the benchmark have historically been less volatile, and vice-versa.
  • Alpha: A measure of the difference between a portfolio's actual return and its expected return given its level of risk. Risk is measured by beta. A positive number indicates that it has performed better than beta would predict.
  • Beta: A measure of the tendency of the value of the fund and the value of the benchmark to move together. The market has a beta of 1. If beta of a fund is higher than 1, the movement in value compared to the benchmark tends to be amplified. A beta less than 1 means the movement in value tends to be dampened.
  • R2: A measure that represents the percentage of a fund's movements that can be attributed to movements of a benchmark index.
  • Sharpe Ratio: A measure of how much of a fund's excess return is achieved for a certain level of risk. The greater a fund's Sharpe Ratio, the higher the risk-adjusted returns.

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 MSCI World Index is a free float adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed markets. It consists of 24 developed market country indices.

†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.