Fund Portfolio – Mackenzie Global Tactical Bond Fund Series A MFC4710 MFC7227 MFC4711 | Mackenzie Investments

Mackenzie Global Tactical Bond Fund Series A

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of February 28, 2017
Major holdings represent 26.8% of the fund.
View all holdings
Total # of
Equity Holdings
8
Total # of
Fixed Income Holdings
264
Holding name, country and sector Percentage of holding in fund
United States Treasury 2.85% 01-15-2027
United States | Foreign Governments
4.3%
United States Treasury Inflation Indexed Bonds
United States | Foreign Governments
3.7%
Government of France 0.50% 05-25-2026
France | Foreign Governments
3.0%
Government of Poland 3.25% 07-25-2025
Poland | Foreign Governments
3.0%
Realkredit Danmark AS 1.00% 04-01-2021
Denmark | Corporate - Non Convertible
2.4%
Government of France 0.50% 05-25-2025
France | Foreign Governments
2.4%
Government of Mexico 10.00% 12-05-2024
Mexico | Foreign Governments
2.3%
Nykredit Realkredit AS 1.00% 01-01-2021
Denmark | Corporate - Non Convertible
2.0%
Realkredit Danmark AS 1.00% 04-01-2022
Denmark | Corporate - Non Convertible
2.0%
Federative Republic of Brazil 10.00% 01-01-2023
Brazil | Foreign Governments
1.8%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 760,000 736 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 540,000 521 0.1%
African Development Bank F/R 02-24-2019 4,000,000 594 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,300,000 1,387 0.4%
Alimentation Couche-Tard Inc. 3.319% 11-01-2019 Callable 1,300,000 1,353 0.4%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 404,000 409 0.1%
AltaGas Ltd. Pfd. Series E 1,120 26 0.0%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 764,000 757 0.2%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 600,000 863 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 03-06-2023 200,000 265 0.1%
Anheuser-Busch InBev Finance Inc. 2.65% 02-01-2021 Callable 2021 2,900,000 3,919 1.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 610,000 834 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 441 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 210,000 287 0.1%
AT&T Inc. 2.30% 03-11-2019 500,000 675 0.2%
Australia and New Zealand Banking Group Ltd. 2.00% 11-16-2018 500,000 674 0.2%
Aviva PLC 4.50% 05-10-2021 370,000 389 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 760,000 746 0.2%
Bank of Montreal 1.80% 07-31-2018 400,000 537 0.2%
Bank of Montreal 3.32% 06-01-2026 640,000 651 0.2%
Bell Canada 2.00% 10-01-2021 830,000 821 0.2%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 180,000 237 0.1%
BK Nederlandse Gemeenten NV 2.125% 02-13-2019 5,500,000 847 0.2%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 1,165 24 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 27,948 717 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 620,000 607 0.2%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 130,000 175 0.1%
Bruce Power LP 2.844% 06-23-2021 880,000 894 0.3%
Bruce Power LP 3.969% 06-23-2026 260,000 268 0.1%
Bundesrepublik Deutschland 0% 08-15-2026 3,860,000 5,357 1.5%
Calfrac Well Services Ltd. 7.50% 12-01-2020 Callable 144A 190,000 222 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 450,000 613 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 320,000 447 0.1%
Canadian Credit Card Trust II 1.829% 03-24-2020 280,000 281 0.1%
Canadian Imperial Bank of Commerce 1.55% 01-23-2018 Callable 2017 250,000 335 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 670,000 670 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 80,000 82 0.0%
Canadian National Railway Co. 2.85% 12-15-2021 Callable 2021 250,000 342 0.1%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 742,500 993 0.3%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 249,375 332 0.1%
City of Oslo 2.35% 09-04-2024 26,000,000 4,053 1.2%
Coca-Cola FEMSA SAB de CV 2.375% 11-26-2018 2,000,000 2,708 0.8%
Cominar REIT 4.247% 05-23-2023 340,000 344 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 2,120,000 2,910 0.8%
Commonwealth of Bahamas 6.95% 11-20-2029 4,225,000 6,213 1.8%
Commonwealth of Bahamas 7.125% 04-02-2038 500,000 729 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 617,500 840 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 160,000 214 0.1%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 400,000 533 0.2%
Corporacion Andina de Fomento 1.50% 08-08-2017 250,000 336 0.1%
Corporacion Andina de Fomento 2.00% 05-10-2019 500,000 669 0.2%
CSC Holdings LLC 10.125% 01-15-2023 Callable 2019 144A 160,000 249 0.1%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 90,000 90 0.0%
CSM NV Term Loan B F/R 05-23-2020 308,768 376 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 585,597 799 0.2%
Currency Put Option AUD/NZD 01-09-2017 Strike 1.03 26,400,000 26 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 770,000 769 0.2%
Daimler Finance North America LLC 2.95% 01-11-2017 144A 800,000 1,075 0.3%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 677 0.2%
Danske Bank AS F/R 05-22-2020 4,500,000 672 0.2%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 541,479 673 0.2%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 290,000 292 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 70,000 97 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 150,000 214 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 150,000 218 0.1%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 250,000 333 0.1%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 370,000 451 0.1%
Emera Inc. 4.10% Cum. Conv. Pfd. Series C 620 13 0.0%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 788,000 1,043 0.3%
Enbridge Inc. 4.00% 10-01-2023 Callable 2023 250,000 342 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 26,571 459 0.1%
Energy Solutions LLC Term Loan B 1st Lien F/R 05-06-2020 564,256 768 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,300,000 1,353 0.4%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 850,000 860 0.2%
Fairfax Financial Holdings Ltd. Pfd. Series K 590 13 0.0%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 846,104 1,108 0.3%
FBM Finance Inc. 8.25% 08-15-2021 Callable 2018 144A 380,000 541 0.2%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 746,000 1,004 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 200,000 270 0.1%
Fortified Trust 1.67% 07-23-2021 790,000 781 0.2%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 580,000 582 0.2%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 280,000 390 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 660,000 747 0.2%
Futures Contracts 36 0.0%
Gaz Metro Inc. 1.52% 05-25-2020 280,000 279 0.1%
General Electric Capital Corp. F/R 07-30-2019 16,000,000 2,388 0.7%
General Electric Co. 8.35% 09-03-2022 19,000,000 1,231 0.4%
General Electric Co. F/R 01-16-2018 8,000,000 1,187 0.3%
General Motors Financial Co. Inc. 2.40% 05-09-2019 Callable 2019 500,000 668 0.2%
Genesis Trust II 1.699% 04-15-2020 430,000 430 0.1%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 250,000 370 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 290,000 304 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 650,000 862 0.2%
Globo Comunicacao e Participacoes SA 5.307% 05-11-2022 144A 125,000 169 0.0%
Goldman Sachs Group Inc. 6.15% 04-01-2018 1,600,000 2,262 0.6%
Government of Argentina 5.00% 01-15-2027 1,100,000 1,378 0.4%
Government of Bermuda 4.138% 01-03-2023 2,300,000 3,149 0.9%
Government of Bermuda 4.854% 02-06-2024 2,680,000 3,754 1.1%
Government of Brazil 10.00% 01-01-2023 1,425,000 5,546 1.6%
Government of Brazil 4.875% 01-22-2021 200,000 278 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 4,125,000 5,238 1.5%
Government of Canada 2.75% 12-01-2048 503,000 553 0.2%
Government of Chile 5.50% 08-05-2020 2,638,000,000 5,553 1.6%
Government of Costa Rica 4.25% 01-26-2023 1,400,000 1,731 0.5%
Government of France 0.50% 05-25-2025 5,700,000 8,142 2.3%
Government of France 0.50% 05-25-2026 7,400,000 10,371 3.0%
Government of Mexico 10.00% 12-05-2024 100,000,000 7,509 2.2%
Government of Morocco 4.50% 10-05-2020 425,000 667 0.2%
Government of Namibia 5.50% 11-03-2021 300,000 422 0.1%
Government of Netherlands 0.50% 07-15-2026 5,559,000 7,982 2.3%
Government of Poland 2.50% 07-25-2018 1,500,000 486 0.1%
Government of Poland 3.25% 07-25-2025 31,200,000 9,821 2.8%
Government of Poland 4.00% 10-25-2023 6,500,000 2,177 0.6%
Government of Portugal 5.125% 10-15-2024 2,830,000 3,716 1.1%
Government of Romania 2.875% 10-28-2024 1,810,000 2,728 0.8%
Government of Romania 3.625% 04-24-2024 750,000 1,185 0.3%
Government of Turkey 4.25% 04-14-2026 2,000,000 2,397 0.7%
Grande Communications Networks LLC Bridge Loan 05-20-2017 720,000 0.0%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 150,000 158 0.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 461,786 606 0.2%
Guanay Finance Ltd. 6.00% 12-15-2020 144A 478,791 655 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 670,000 667 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 60,000 69 0.0%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 1,500,000 1,921 0.6%
HSBC Holdings PLC 3.20% 12-05-2023 1,160,000 1,156 0.3%
Hungary Government International Bond 5.00% 05-09-2017 125,000 210 0.1%
Hydro One Inc. 3.72% 11-18-2047 340,000 334 0.1%
Hyperion Insurance Group Ltd. Term Loan B 1st Lien F/R 03-26-2022 1,000,000 1,351 0.4%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 780,000 1,109 0.3%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 276,970 377 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 54,000 45 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 80,000 91 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 100,000 130 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 41,000 18 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 340,000 345 0.1%
Interest Rate SWAP 02-24-2025 64 0.0%
Interest Rate SWAP 08-27-2025 148 0.0%
International Equipment Solutions LLC Term Loan B 1st Lien F/R 07-25-2019 327,094 407 0.1%
International Finance Corp. 6.30% 11-25-2024 175,000,000 3,541 1.0%
Invenergy Thermal Operating I LLC Term Loan B 1st Lien F/R 10-09-2022 310,072 404 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 542,462 698 0.2%
Italy Buoni Poliennali Del Tesoro 0.10% 05-15-2022 2,500,000 3,598 1.0%
Italy Buoni Poliennali Del Tesoro 2.70% 03-01-2047 1,020,000 1,384 0.4%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 275,000 370 0.1%
Kommuninvest I Sverige AB 2.50% 12-01-2020 6,000,000 968 0.3%
Lanai Holdings III Inc. Term Loan B 1st Lien F/R 08-14-2022 392,333 526 0.2%
Lancer Finance Co. SPV Ltd. 5.85% 12-12-2017 144A 103,683 0.0%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 152,000 202 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 629,212 846 0.2%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 320,000 400 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 150,000 214 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 330,000 451 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 240,000 325 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 240,000 224 0.1%
Mackenzie Unconstrained Fixed Income Fund Series R 165,258 1,679 0.5%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 260,000 355 0.1%
Mexican Bonos 5.00% 12-11-2019 62,750,000 3,860 1.1%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 11,700,000 4,746 1.4%
Mexican Udibonos Inflation Linked Bonds 4.00% 11-15-2040 6,150,000 2,292 0.7%
Molson Coors International LP 2.25% 09-18-2018 1,900,000 1,918 0.6%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 610,000 603 0.2%
Molson Coors International LP 3.44% 07-15-2026 Callable Series MPLE 1,300,000 1,273 0.4%
MPLX LP 4.5% 07-15-2023 50,000 69 0.0%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 119,150 161 0.0%
National Australia Bank of New York 2.00% 01-14-2019 500,000 672 0.2%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 1,290,000 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 104,575 134 0.0%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 70,000 90 0.0%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 930,000 1,283 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 200,000 276 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 120,000 136 0.0%
Nykredit Realkredit A/S 1.00% 01-01-2021 34,000,000 6,705 1.9%
Odebrecht Finance Ltd. 5.25% 06-27-2029 700,000 544 0.2%
Oxbow Carbon & Minerals LLC Term Loan B 2nd Lien F/R 01-19-2020 250,000 333 0.1%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 592,500 795 0.2%
Parfums de Coeur Ltd. Term Loan 1st Lien F/R 06-30-2022 191,297 257 0.1%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 220,000 229 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 300,000 309 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 50,000 52 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 580,000 586 0.2%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 960,000 999 0.3%
Pembina Pipeline Corp. Pfd. Series 1 685 13 0.0%
PepsiCo Inc. 2.50% 11-01-2022 150,000 266 0.1%
Philip Morris International Inc. 1.375% 02-25-2019 500,000 666 0.2%
Poland Government Bond 2.50% 07-25-2026 12,000,000 3,512 1.0%
Portugal Obrigacoes do Tesouro OT 2.875% 10-15-2025 1,490,000 2,004 0.6%
Portugal Obrigacoes do Tesouro OT 4.10% 02-15-2045 1,050,000 1,363 0.4%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 269,317 362 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-01-2022 960,000 1,271 0.4%
Province of Alberta 3.30% 12-01-2046 40,000 40 0.0%
Province of British Columbia 2.80% 06-18-2048 70,000 65 0.0%
Province of Manitoba 2.85% 09-05-2046 1,650,000 1,484 0.4%
Province of Ontario 2.80% 06-02-2048 10,000 9 0.0%
Province of Ontario 2.85% 06-02-2023 800,000 838 0.2%
Province of Ontario 2.90% 12-02-2046 400,000 375 0.1%
Province of Quebec 3.50% 12-01-2048 118,000 124 0.0%
Q Holdings Co. Term Loan B 1st Lien F/R 12-18-2021 400,000 530 0.2%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 510,000 692 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 150,000 158 0.0%
Queensland Treasury Corp. 4.75% 07-21-2025 3,600,000 3,937 1.1%
Rabobank Nederland of NY 2.50% 01-19-2021 250,000 336 0.1%
Realkredit Danmark AS 1.00% 04-01-2021 40,700,000 8,026 2.3%
Realkredit Danmark AS 1.00% 04-01-2022 33,900,000 6,673 1.9%
Reliance LP 3.813% 09-15-2020 150,000 151 0.0%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 813,168 978 0.3%
Republic of Argentina 7.63% 04-22-2046 2,350,000 3,166 0.9%
Resolute Forest Products Inc. 5.875% 05-15-2023 440,000 535 0.2%
Royal Bank of Canada 1.65% 07-15-2021 290,000 286 0.1%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 120,000 119 0.0%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 90,000 89 0.0%
Royal Bank of Canada 2.50% 01-19-2021 500,000 673 0.2%
Royal Bank of Canada 3.31% 01-20-2026 860,000 873 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 330,000 441 0.1%
Santander Consumer Bank AS 0.88% 06-12-2018 11,000,000 1,638 0.5%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 748,208 723 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 200,000 273 0.1%
Sempra Energy 2.85% 11-15-2020 Callable 2020 250,000 339 0.1%
Socialist Republic of Vietnam 6.75% 01-29-2020 400,000 584 0.2%
Solenis International LP Term Loan 2nd Lien F/R 07-02-2022 50,000 66 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 920,000 980 0.3%
St. George's University Term Loan B 1st Lien F/R 06-06-2022 210,000 286 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 269,322 309 0.1%
State Bank of India 3.25% 04-18-2018 144A 475,000 646 0.2%
State Bank of India 3.622% 04-17-2019 144A 200,000 275 0.1%
State Bank of India 4.125% 08-01-2017 144A 200,000 272 0.1%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 230,000 314 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 800,000 1,051 0.3%
Telefonica Emisiones SAU 3.987% 01-23-2023 300,000 500 0.1%
Telefonica Emisiones SAU 5.597% 03-12-2020 200,000 373 0.1%
Temasek Financial I Ltd. 3.265% 02-19-2020 1,500,000 1,447 0.4%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 180,000 227 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 200,000 252 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 440,000 523 0.2%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 40,000 54 0.0%
The European Bank for Reconstruction & Development 7.375% 04-15-2019 23,750,000,000 2,325 0.7%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 4,220,000 4,060 1.2%
The Kingdom of Denmark 1.75% 11-15-2025 20,000,000 4,289 1.2%
The Korea Development Bank 1.50% 01-22-2018 500,000 670 0.2%
The Korea Development Bank 5.25% 04-03-2018 800,000 763 0.2%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 80,000 106 0.0%
The Southern Co. 2.15% 09-01-2019 Callable 2019 1,000,000 1,342 0.4%
The Toronto-Dominion Bank 1.68% 06-08-2021 610,000 606 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 700,000 681 0.2%
TransCanada Corp. 4.00% Pfd. Series 7 4,658 88 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 3,948 78 0.0%
TransCanada Corp. Pfd. Series 15 70,578 1,797 0.5%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 310,000 426 0.1%
TransCanada PipeLines Ltd. 3.80% 10-01-2020 500,000 705 0.2%
Travel Leaders Group LLC Term Loan 1st Lien F/R 12-05-2020 (Refinance) 944,170 1,266 0.4%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 136,364 185 0.1%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 1,363,636 1,847 0.5%
Trinidad Drilling Ltd. 7.875% 01-15-2019 Callable 144A 130,000 174 0.1%
Trinidad Generation UnLtd. 5.25% 11-04-2027 2,100,000 2,771 0.8%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 780,000 1,056 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 620,000 620 0.2%
United States Treasury 1.50% 08-15-2026 500,000 617 0.2%
United States Treasury 2.25% 11-15-2025 500,000 663 0.2%
United States Treasury 2.85% 01-15-2027 7,500,000 14,151 4.1%
United States Treasury 3.50% 05-15-2020 320,000 457 0.1%
United States Treasury Inflation Indexed Bond 0.125% 07-15-2026 4,000,000 5,240 1.5%
United States Treasury Inflation Indexed Bond 0.625% 01-15-2026 5,150,000 7,099 2.0%
United States Treasury Inflation Indexed Bonds 0.75% 02-15-2045 2,800,000 3,631 1.0%
United States Treasury Inflation Indexed Bonds 2.125% 02-15-2041 2,550,000 4,706 1.4%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,051,378 1,419 0.4%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 157,000 164 0.0%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 249,375 335 0.1%
Verdesian Life Sciences LLC Term Loan 1st Lien F/R 06-25-2020 766,495 922 0.3%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 1,180,000 1,458 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 130,000 134 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 50,000 52 0.0%
VRX Escrow Corp. 4.50% 05-15-2023 Callable 2020 144A 1,250,000 1,294 0.4%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 140,000 142 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 260,000 339 0.1%
Wells Fargo & Co. 2.51% 10-27-2023 650,000 639 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 3,300,000 3,218 0.9%
Wells Fargo & Co. 7.98% 03-15-2018 300,000 422 0.1%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 1,300,000 1,395 0.4%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 350,000 473 0.1%
Total Investments -- 342,511 98.4%
Cash & Equivalents -- 3,912 1.1%
Currency Hedge Contracts -- 1,884 0.5%
Other Assets (Liabilities) -- 76 0.0%
Total Net Assets -- 348,383 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      United States
    32.5%
      Other
    19.8%
      Canada
    15.0%
      Denmark
    6.8%
      Mexico
    6.4%
      France
    5.9%
      Poland
    4.8%
      Italy
    3.0%
      Bahamas
    2.8%
      Ireland
    2.3%
      Cash & Equivalents 0.7%
  • Sector Allocation
      Foreign Fixed Income 48%
      Corporate Bonds 34.2%
      Bank Loans 10.9%
      Equities 1.8%
      Other 1.5%
      Federal Bonds 1.2%
      Provincial Bonds 1.1%
      Cash & Equivalents 0.7%
      Mutual&Pooled 0.6%
Credit Allocation (%)
AAA 29%
AA 7.6%
A 22.9%
BBB 16.4%
BB 7.9%
B 10.8%
C 0.6%
NR 2.2%
Cash & Equivalents 0.7%
Equities 1.8%

Other Global Fixed Income Funds

Portfolio Managers

Konstantin Boehmer

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

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 BofA Merrill Lynch Global Broad Market (Hedged to USD) Index tracks the performance of investment grade debt publicly issued in the major domestic and eurobond markets, including sovereign, quasi-government, corporate, securitized and collateralized securities. Qualifying bonds must be rated "BBB" or higher and have a remaining term to maturity of at least one year. The foreign currency exposure is hedged back to the US dollar.

†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).