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 January 31, 2019
Major holdings represent 18.7% of the fund.
View all holdings
Total # of
Equity Holdings
84
Holding name, country and sector Percentage of holding in fund
Apple Inc
United States | Technology Hardware, Storage & Peripherals
3.2%
Microsoft Corp
United States | Systems Software
3.0%
Cigna Holding Co
United States | Health Care Services
1.7%
ASML Holding NV
Netherlands | Semiconductor Equipment
1.7%
United Rentals Inc
United States | Trading Companies/Distributors
1.6%
Intel Corp
United States | Semiconductors
1.6%
Radiant Opto-Electronics Corp
Taiwan | Semiconductors
1.5%
Electricite de France SA
France | Electric Utilities
1.5%
Atkore International Group Inc
United States | Electrical Components/Equip.
1.5%
Ryder System Inc
United States | Trucking
1.5%

Complete Fund Holdings Help Full holdings list

As of November 30, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
ABC-Mart Inc. 24,900 1,861 1.0%
AEON REIT Investment Corp. 924 1,853 1.0%
AerCap Holdings NV 27,785 1,953 1.1%
Agricultural Bank of China Ltd. H 3,491,000 2,105 1.2%
Allianz SE Reg. 7,007 1,967 1.1%
Allison Transmission Holdings Inc. 38,978 2,441 1.4%
Alphabet Inc. Class C 1,720 2,502 1.4%
Amazon.com Inc. 1,097 2,465 1.4%
AMC Entertainment Holdings Inc. Class A 71,945 1,305 0.7%
AMC Networks Inc. Class A 25,728 2,047 1.1%
AmerisourceBergen Corp. 15,641 1,848 1.0%
Anthem Inc. 5,152 1,987 1.1%
Apple Inc. 24,725 5,869 3.4%
Arch Coal Inc. Class A 18,017 1,946 1.1%
ASML Holding NV 12,230 2,764 1.5%
ASR Nederland NV 31,746 1,826 1.0%
Astellas Pharma Inc. 97,100 1,984 1.1%
Atkore International Group Inc. 85,000 2,307 1.3%
Avanza Bank Holding AB 19,476 1,397 0.8%
Best Buy Co. Inc. 20,884 1,793 1.0%
BT Group PLC 497,548 2,209 1.2%
Burberry Group PLC 68,362 2,059 1.1%
Cardinal Health Inc. 21,351 1,556 0.9%
Celgene Corp. 17,701 1,699 0.9%
China Petroleum and Chemical Corp. H (Sinopec) 1,738,000 1,963 1.1%
Cigna Corp. 6,713 1,993 1.1%
Cineplex Inc. 51,835 1,340 0.7%
Commerce Bancshares Inc. 23,220 1,945 1.1%
Corus Entertainment Inc. Class B non-voting 180,171 892 0.5%
CVS Health Corp. 19,490 2,078 1.2%
Daiho Corp. 49,400 2,184 1.2%
EDF SA (Electricite de France) 121,841 2,668 1.5%
Electrocomponents PLC 183,098 1,597 0.9%
Energizer Holdings Inc. 14,578 869 0.5%
Evercore Partners Inc. Class A 17,307 1,899 1.1%
Everest Re Group Ltd. 6,301 1,860 1.0%
Exelon Corp. 31,081 1,917 1.1%
Express Scripts Holding Co. 17,295 2,333 1.3%
F5 Networks Inc. 8,369 1,913 1.1%
Fevertree Drinks PLC 30,250 1,227 0.7%
Fila Korea Ltd. 40,172 2,427 1.4%
Formosa Chemicals & Fibre Corp. 458,000 2,100 1.2%
Formosa Plastics Corp. 472,000 2,032 1.1%
Games Workshop Group PLC 26,788 1,379 0.8%
GATX Corp. 18,013 2,000 1.1%
Hermes International 2,492 1,799 1.0%
Hoya Corp. 30,900 2,522 1.4%
Huntsman Corp. 75,383 2,026 1.1%
Intel Corp. 44,017 2,885 1.6%
KB Home 61,874 1,736 1.0%
Kikkoman Corp. 24,400 1,892 1.1%
Kohl's Corp. 21,187 1,892 1.1%
Legal & General Group PLC 480,581 1,995 1.1%
LyondellBasell Industries NV Class A 15,827 1,963 1.1%
Mallinckrodt PLC 78,826 2,493 1.4%
Microsoft Corp. 36,976 5,450 3.0%
NetApp Inc. 20,071 1,784 1.0%
Novartis AG Reg. 16,281 1,976 1.1%
Orsted A/S 24,000 2,079 1.2%
Pearson PLC 122,504 2,001 1.1%
Ping An Insurance (Group) Co. of China Ltd. H 145,500 1,877 1.0%
Principal Financial Group Inc. 33,792 2,215 1.2%
Quad Graphics Inc. 68,271 1,487 0.8%
Radiant Opto-Electronics Corp. 700,000 2,560 1.4%
Renewable Energy Group Inc. 48,842 1,750 1.0%
Resource Capital Corp. 60,862 904 0.5%
Ryder System Inc. 33,160 2,494 1.4%
Salmar ASA 29,415 2,210 1.2%
Seagate Technology 32,483 1,861 1.0%
Signet Jewelers Ltd. 26,855 1,881 1.0%
Sinopec Shanghai Petrochemical Co. Ltd. Class H 2,718,000 1,655 0.9%
SK Hynix Inc. 17,433 1,450 0.8%
SK Telecom Co. Ltd. 5,675 1,946 1.1%
Sony Financial Holdings Inc. 63,600 1,775 1.0%
SpareBank 1 SR-Bank ASA 129,990 1,864 1.0%
SSP Group PLC 181,432 1,926 1.1%
Sumitomo Corp. 102,000 2,084 1.2%
Target Corp. 19,643 1,853 1.0%
The Progressive Corp. 20,335 1,792 1.0%
Trinseo SA 22,470 1,509 0.8%
United Continental Holdings Inc. 21,018 2,702 1.5%
United Rentals Inc. 16,916 2,634 1.5%
Valero Energy Corp. 15,406 1,636 0.9%
VMware Inc. Class A 10,288 2,289 1.3%
Warrior Met Coal Inc. 59,902 1,887 1.1%
Wirecard AG 7,645 1,536 0.9%
Yea Shin International Development Co. Ltd. 18,200 1,805 1.0%
Total Investments -- 176,434 98.4%
Cash & Equivalents -- 2,784 1.6%
Currency Hedge Contracts -- -204 -0.1%
Other Assets (Liabilities) -- 268 0.1%
Total Net Assets -- 179,282 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of January 31, 2019
  • Regional Allocation
      United States
    53.3%
      Japan
    10.0%
      United Kingdom
    8.6%
      Other
    7.6%
      China
    4.5%
      South Korea
    3.2%
      Taiwan
    2.8%
      France
    2.7%
      Netherlands
    2.7%
      Norway
    2.3%
      Cash & Equivalents 2.3%
  • Sector Allocation
      Information Technology 18.1%
      Financials 14.6%
      Consumer Discretionary 12.9%
      Industrials 12.6%
      Health Care 11.5%
      Communication Serv. 8.2%
      Materials 6.7%
      Energy 4.4%
      Utilities 4%
      Consumer Staples 3.5%
      Cash & Equivalents 2.3%
      Real Estate 1.2%

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.