Fund Portfolio – Mackenzie Global Growth Class Series F MFC1315 | Mackenzie Investments

Mackenzie Global Growth Class Series F

Asset Class: Global Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 35.8% of the fund.
View all holdings
Total # of
Equity Holdings
Holding name, country and sector Percentage of holding in fund
Wolters Kluwer NV
Netherlands | Research & Consulting Services
Germany | Application Software
United States | Insurance Brokers
Danaher Corp
United States | Health Care Equipment
Accenture PLC
United States | IT Consulting & Other Services
Heineken NV
Netherlands | Brewers
Stryker Corp
United States | Health Care Equipment
Alcon Inc
Switzerland | Pharmaceuticals
Capgemini SE
France | IT Consulting & Other Services
Techtronic Industries Co Ltd
Hong Kong | Industrial Machinery

Complete Fund Holdings Help Full holdings list

As of May 31, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Accenture PLC Class A 86,820 20,893 3.7%
Adobe Systems Inc. 27,040 9,899 1.7%
Alcon Inc. ADR 205,783 16,180 2.8%
Alphabet Inc. Class A 9,155 13,690 2.4%
Amphenol Corp. Class A 33,592 3,949 0.7%
ANSYS Inc. 17,951 4,355 0.8%
Aon PLC 109,106 26,551 4.6%
B&M European Value Retail SA 1,086,393 6,544 1.1%
Baxter International Inc. 161,279 16,007 2.8%
Capgemini SE 110,737 16,738 2.9%
CCL Industries Inc. Class B non-voting 182,647 11,246 2.0%
CME Group Inc. 20,848 5,413 0.9%
Danaher Corp. 131,546 23,468 4.1%
EOG Resources Inc. 51,327 5,679 1.0%
Heineken NV 132,316 18,785 3.3%
Hexagon AB B 155,631 9,784 1.7%
Ingersoll-Rand PLC 60,349 9,651 1.7%
Kering 3,912 2,752 0.5%
Koninklijke Philips NV 292,009 15,631 2.7%
Microsoft Corp. 60,334 10,084 1.8%
Paychex Inc. 94,314 10,934 1.9%
PepsiCo Inc. 85,622 14,811 2.6%
Pernod Ricard SA* 48,865 11,644 2.0%
Rentokil Initial PLC 2,234,434 14,311 2.5%
Roper Technologies Inc. 21,507 9,996 1.7%
S&P Global Inc. 35,343 10,215 1.8%
SAP AG 138,294 23,059 4.0%
SGS SA Reg.* 4,310 14,746 2.6%
Starbucks Corp. 104,744 10,766 1.9%
Steris PLC 70,375 12,714 2.2%
Stryker Corp. 69,728 17,267 3.0%
SVB Financial Group 13,572 3,694 0.6%
Symrise AG 40,009 5,066 0.9%
Techtronic Industries Co. Ltd. 1,864,500 16,071 2.8%
The Estée Lauder Companies Inc. Class A 33,595 7,311 1.3%
The Home Depot Inc. 43,671 11,204 2.0%
The Progressive Corp. 88,665 9,500 1.7%
Travelsky Technology Ltd. 2,553,000 7,147 1.2%
Varian Medical Systems Inc. 38,445 6,560 1.1%
Verisk Analytics Inc. 84,684 16,022 2.8%
Visa Inc. Class A 73,094 15,936 2.8%
Wolters Kluwer NV 281,642 26,597 4.7%
Zoetis Inc. 132,173 18,049 3.2%
Total Investments -- 540,919 94.5%
Cash & Equivalents -- 30,801 5.5%
Currency Hedge Contracts -- -858 -0.2%
Other Assets (Liabilities) -- 1,103 0.2%
Total Net Assets -- 571,965 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2019
  • Regional Allocation
      United States
      United Kingdom
      Hong Kong
      Cash & Equivalents 4.4%
  • Sector Allocation
      Information Technology 24.1%
      Health Care 19.9%
      Industrials 19.4%
      Financials 10.1%
      Consumer Staples 9%
      Consumer Discretionary 7.1%
      Cash & Equivalents 4.4%
      Materials 3.1%
      Communication Serv. 2.9%

Other Global Equity Funds

Portfolio Managers

David Arpin, MA, CFA

Senior Vice President, Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 1995

Dina DeGeer, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Bluewater Team

Investment experience since 1985

Shah Khan, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 2010

Hui Wang, MBA, CFA, CAIA

Associate Portfolio Manager

Mackenzie Bluewater Team

Investment experience since 2010

Note: USD option is capped to new purchases.

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

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 to view the funds/products using currency derivatives to hedge exchange risk.