Fund Portfolio – Mackenzie Global Small Cap Fund Series A MFC296 MFC286 MFC7009 MFC3181 | Mackenzie Investments

Mackenzie Global Small Cap Fund Series A

Asset Class: Global Equity

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 17.6% of the fund.
View all holdings
Total # of
Equity Holdings
213
Holding name, country and sector Percentage of holding in fund
Mackenzie Global Long/Short Equity Alpha Fund Series R
Canada | Mutual Funds
3.6%
Repligen Corp
United States | Biotechnology
1.8%
AEON REIT Investment Corp
Japan | Retail REITs
1.8%
Dialog Semiconductor PLC
United Kingdom | Semiconductors
1.6%
Avis Budget Group Inc
United States | Trucking
1.6%
Exponent Inc
United States | Research & Consulting Services
1.5%
Medpace Holdings Inc
United States | Life Sciences Tools & Services
1.5%
Daiwa Office Investment Corp
Japan | Office REITs
1.5%
Jabil Inc
United States | Electronic Mfg Services
1.4%
Enova International Inc
United States | Consumer Finance
1.4%

Complete Fund Holdings Help Full holdings list

As of May 31, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Acco Brands Corp. 180,051 1,788 0.4%
Aecon Group Inc. 203,291 3,556 0.8%
AEON REIT Investment Corp. 5,200 8,817 1.8%
AGCO Corp. 67,084 6,034 1.3%
AK Holdings Inc 69,708 3,752 0.8%
ALS Ltd. 465,594 3,099 0.7%
American Eagle Outfitters Inc. 160,708 3,779 0.8%
Anritsu Corp. 231,900 5,025 1.1%
Arch Coal Inc. Class A 39,156 4,665 1.0%
Atkore International Group Inc. 165,464 5,230 1.1%
Auto Trader Group PLC 711,272 7,282 1.4%
Avis Budget Group Inc. 159,655 6,119 1.3%
Bechtle AG 41,256 6,267 1.3%
Benefitfocus Inc. 86,666 3,322 0.7%
Best World International Ltd. 1,396,900 1,869 0.4%
Bottomline Technologies Inc. 44,897 2,650 0.6%
CACI International Inc. Class A 22,445 6,173 1.3%
Cactus Inc. 99,634 4,383 0.9%
Career Education Corp. 246,754 6,259 1.3%
China BlueChemical Ltd. H 10,950,000 5,116 1.1%
Ciena Corp. 44,588 2,105 0.4%
Comture Corp. 76,900 4,185 0.9%
CoreSite Realty Corp. 40,784 6,433 1.4%
Corus Entertainment Inc. Class B non-voting 693,267 4,472 0.9%
Credit Acceptance Corp. 9,044 5,578 1.2%
CVR Energy Inc. 57,545 3,303 0.7%
Daiwa Office Investment Corp. 755 7,069 1.5%
Deluxe Corp. 63,540 3,194 0.7%
Dialog Semiconductor PLC 127,913 5,505 1.2%
DMC Global Inc. 72,466 6,624 1.4%
Drax Group PLC 522,350 2,630 0.6%
Elevate Credit Inc. 191,396 1,102 0.2%
Enova International Inc. 194,231 5,604 1.2%
EQT Corp. 128,526 3,179 0.7%
Essent Group Ltd. 78,803 5,000 1.1%
Evercore Partners Inc. Class A 44,194 4,612 1.0%
Exantas Capital Corp. 246,203 3,627 0.8%
Exponent Inc. 81,979 6,210 1.3%
Generac Holdings Inc. 69,864 5,207 1.1%
Getinge AB 313,473 5,750 1.2%
GN Store Nord AS (GN Great Nordic) 100,032 6,368 1.3%
Grand Pacific Petrochemical Corp. 2,643,000 2,384 0.5%
GVC Holdings PLC 498,887 5,107 1.1%
Hersha Hospitality Trust 227,220 5,235 1.1%
Hibbett Sports Inc. 155,750 4,656 1.0%
HMS Holdings Corp. 120,424 4,952 1.0%
Hyundai Motor Co. 44,710 6,836 1.4%
IDP Education Ltd. 226,496 3,629 0.8%
IGG Inc. 2,484,000 3,978 0.8%
Insperity Inc. 29,127 4,483 0.9%
Italgas SPA 550,911 4,715 1.0%
Jabil Circuit Inc. 173,517 5,766 1.2%
Legg Mason Inc. 139,012 6,692 1.4%
LeMaitre Vascular Inc. 91,957 3,207 0.7%
Lindblad Expeditions Holdings Inc. 160,106 3,531 0.7%
Mackenzie Global Long/Short Equity Alpha Fund Series R 1,750,000 16,854 3.5%
Mackenzie US Small Cap Fund Series R 700,007 6,574 1.4%
Mallinckrodt PLC 173,921 2,042 0.4%
Manhattan Associates Inc. 75,782 6,705 1.4%
Medpace Holdings Inc. 71,550 5,219 1.1%
Meritor Inc. 263,198 7,171 1.4%
Mixi Inc. 104,100 2,975 0.6%
Navient Corp. 261,997 4,617 1.0%
Navigant Consulting Inc. 176,599 5,250 1.1%
Neopost SA 154,155 4,565 1.0%
NetEnt AB 999,493 3,859 0.8%
NetEnt AB Redemption Share 999,493 320 0.1%
Nippon Carbon Co. Ltd. 51,000 2,518 0.5%
On Deck Capital Inc. 531,424 2,887 0.6%
OneSavings Bank PLC 771,813 5,299 1.1%
Orange Belgium SA 130,837 3,367 0.7%
Owens-Illinois Inc. 240,878 5,208 1.1%
Paradox Interactive AB 186,544 3,782 0.8%
People's Insurance Co. of China (Hong Kong) Ltd. 8,476,000 4,500 1.0%
Polaris Industries Inc. 20,918 2,258 0.5%
Progress Software Corp. 102,642 5,682 1.2%
Repligen Corp. 71,730 6,734 1.4%
Rightmove PLC 704,120 6,958 1.5%
RLJ Lodging Trust 194,045 4,503 1.0%
RPC Group PLC 393,771 5,308 1.1%
Ryerson Holding Corp. 18,098 189 0.0%
SimCorp AS 47,969 6,324 1.3%
Sinopec Shanghai Petrochemical Co. Ltd. Class H 6,480,000 3,820 0.8%
SITE CENTERS Corp. 335,241 5,785 1.2%
SMART Global Holdings Inc. 106,170 2,443 0.5%
SmarTone Telecommunications Holdings Ltd. 2,676,000 3,552 0.8%
Southwestern Energy Co. 705,175 3,421 0.7%
SSAB AB 959,746 3,581 0.8%
Sterling Bancorp 160,533 4,189 0.9%
Subsea 7 SA 215,101 3,233 0.7%
Tenet Healthcare Corp. 140,925 3,801 0.8%
Trinseo SA 39,018 1,943 0.4%
Viavi Solutions Inc. 309,192 5,035 1.1%
Warrior Met Coal Inc. 122,261 4,264 0.9%
Watts Water Technologies Inc. Class A 26,211 2,883 0.6%
Weichai Power Co. Ltd. 3,348,000 6,880 1.5%
Western Alliance Bancorp 67,462 3,752 0.8%
Whitehaven Coal Ltd. 981,137 3,614 0.8%
WP Glimcher Inc. 576,043 3,192 0.7%
Yageo Corp. 243,000 2,718 0.6%
Yuanta Financial Holding Co. Ltd. 8,044,000 6,119 1.3%
Total Investments -- 464,006 98.0%
Cash & Equivalents -- 8,550 1.8%
Currency Hedge Contracts -- -498 -0.1%
Other Assets (Liabilities) -- 1,429 0.3%
Total Net Assets -- 473,487 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2019
  • Regional Allocation
      United States
    54.0%
      Other
    9.6%
      Japan
    7.2%
      United Kingdom
    7.0%
      Canada
    5.1%
      Sweden
    3.5%
      China
    3.1%
      Taiwan
    3.1%
      Denmark
    2.4%
      Australia
    2.1%
      Cash & Equivalents 2.9%
  • Sector Allocation
      Information Technology 16.4%
      Industrials 15.4%
      Financials 13.6%
      Consumer Discretionary 9.7%
      Health Care 9.4%
      Real Estate 8.7%
      Communication Serv. 6%
      Other 5%
      Materials 4.9%
      Energy 4.9%
      Consumer Staples 3.1%
      Cash & Equivalents 2.9%

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

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

On July 26, 2013, the Fund changed its investment objectives to broaden the investment objectives of the Fund from a North American fund to a global fund. The past performance before this date was achieved under the previous objectives.

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.

* The MSCI ACWI Small Cap Index is a free float adjusted, market capitalization index that is designed to measure equity market performance of global small caps. It consists of over 6,400 securities across developed and emerging markets.

†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.