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 October 31, 2017
Major holdings represent 29.2% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
235
Holding name, country and sector Percentage of holding in fund
Mackenzie Global High Yield Fixed Income ETF
Canada | Index Participation Units
5.8%
United States Treasury 0.38% 07-15-2027
United States | Foreign Governments
4.5%
Government of Mexico 10.00% 12-05-2024
Mexico | Foreign Governments
3.3%
Realkredit Danmark AS 1.00% 04-01-2021
Denmark | Corporate - Non Convertible
2.6%
Republic of Poland F/R 01-25-2026
Poland | Foreign Governments
2.6%
International Finance Corp. 6.30% 11-25-2024
United States | Supra - National
2.5%
Mexican Bonos 7.75% 11-13-2042 Series M
Mexico | Foreign Governments
2.4%
Commonwealth of Bahamas 6.95% 11-20-2029
Bahamas | Foreign Governments
2.0%
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
2.0%
State of Israel 2.00% 03-31-2027
Israel | Foreign Governments
1.6%

Complete Fund Holdings Help Full holdings list

As of August 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.60% 05-21-2047 Callable 540,000 539 0.2%
African Development Bank F/R 02-24-2019 4,000,000 630 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,100,000 1,188 0.4%
Alimentation Couche-Tard Inc. 3.06% 07-26-2024 Callable 2024 840,000 845 0.3%
Allied Properties REIT 3.93% 11-14-2022 Series B 404,000 415 0.1%
AltaGas Ltd. Pfd. Series K 35,483 914 0.3%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 764,000 783 0.2%
Amazon.com Inc. 3.80% 12-05-2024 Callable 2024 1,850,000 2,491 0.8%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 870,000 862 0.3%
Anheuser-Busch InBev Finance Inc. 2.65% 02-01-2021 Callable 2021 2,900,000 3,697 1.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 610,000 792 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 433 0.1%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 [144A] 450,000 545 0.2%
Argentine Bonos del Tesoro 21.20% 09-19-2018 27,000,000 1,933 0.6%
Asian Development Bank 6.00% 02-24-2021 55,000,000 1,091 0.3%
Asian Development Bank 6.45% 08-08-2021 41,430,000 835 0.3%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 210,000 250 0.1%
AT&T Inc. 2.30% 03-11-2019 500,000 629 0.2%
AT&T Inc. 2.85% 02-14-2023 Callable 2023 1,325,000 1,651 0.5%
Australia and New Zealand Banking Group Ltd. 2.00% 11-16-2018 500,000 627 0.2%
Aviva PLC 4.50% 05-10-2021 370,000 392 0.1%
Bank of America Corp. F/R 02-07-2022 Callable 2021 1,100,000 1,655 0.5%
Bank of America Corp. F/R 03-15-2023 Callable 2022 1,510,000 1,506 0.5%
Bank of Montreal 1.80% 07-31-2018 400,000 499 0.2%
Bank of Montreal 2.27% 07-11-2022 940,000 941 0.3%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 540,000 546 0.2%
BK Nederlandse Gemeenten NV 2.125% 02-13-2019 5,500,000 890 0.3%
BMW Canada Inc. 1.88% 12-11-2020 Series Q 280,000 278 0.1%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 Series NTNF 805,000 3,207 1.0%
Brookfield Asset Management Inc. Pfd. Series 46 23,788 617 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 620,000 623 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 200,000 206 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 40,886 1,027 0.3%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 Series:17-1 620,000 623 0.2%
Caisse Centrale Desjardins 2.09% 01-17-2022 770,000 766 0.2%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 270,000 314 0.1%
Calpine Corp. 6.00% 01-15-2022 Callable 2017 144A 270,000 349 0.1%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 446,631 561 0.2%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 06-29-2024 440,000 551 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 08-14-2021 380,000 470 0.1%
Canadian Credit Card Trust II 1.829% 03-24-2020 280,000 279 0.1%
Canadian Imperial Bank 2.30% 07-11-2022 Series DPNT 280,000 281 0.1%
Canadian Imperial Bank of Commerce 1.55% 01-23-2018 Callable 2017 250,000 312 0.1%
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 250,000 321 0.1%
Canadian Western Bank 2.74% 06-16-2022 Series DPNT 340,000 339 0.1%
Careerbuilder LLC Term Loan 1st Lien F/R 07-27-2023 430,000 527 0.2%
CD&R Waterworks Merger Sub LLC 6.13% 08-15-2025 Callable 2020 144A 100,000 128 0.0%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 1,230,000 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 520,000 518 0.2%
City of Oslo 2.35% 09-04-2024 26,000,000 4,274 1.3%
Coca Cola Femsa SAB de CV 3.88% 11-26-2023 700,000 935 0.3%
Coca-Cola FEMSA SAB de CV 2.375% 11-26-2018 780,000 982 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 1,720,000 2,248 0.7%
Commonwealth of Bahamas 6.95% 11-20-2029 4,625,000 6,304 1.9%
Commonwealth of Bahamas 7.125% 04-02-2038 500,000 660 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 612,876 741 0.2%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-02-2024 43,200 54 0.0%
Cooperatieve Rabobank UA F/R 11-27-2019 5,000,000 785 0.2%
Corp Nacional del Cobre de Chile 4.50% 09-16-2025 930,000 1,262 0.4%
Corporacion Andina de Fomento 2.00% 05-10-2019 500,000 626 0.2%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 582,596 731 0.2%
Currency Call Option USD/CAD 09-22-2017 Strike 1.35 13,647,100 0.0%
Currency Call Option USD/CAD 09-25-2017 Strike 1.35 6,681,500 0.0%
Currency Call Option USD/CNH 03-01-2018 Strike 7.50 27,410,000 7 0.0%
Currency Call Option USD/EUR 09-22-2017 Strike 1.13 25,400,000 3 0.0%
Currency Put Option AUD/CAD 09-13-2017 Strike 0.97 32,500,000 17 0.0%
Currency Put Option AUD/NZD 11-24-2017 Strike 1.07 24,950,000 84 0.0%
Currency Written Call Option USD/CNH 03-01-2018 Strike 7.75 -20,560,000 -1 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 638 0.2%
Danske Bank AS F/R 05-22-2020 4,500,000 720 0.2%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 311,220 392 0.1%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-22-2023 221,000 278 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 70,000 92 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 150,000 205 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 150,000 210 0.1%
Dynegy Inc. 8.13% 01-30-2026 Callable 2020 144A 890,000 1,147 0.3%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 460,000 447 0.1%
Enbridge Inc. 4.00% 10-01-2023 Callable 2023 250,000 330 0.1%
Enbridge Inc. 4.57% 03-11-2044 650,000 647 0.2%
Enbridge Inc. 4.77% 09-02-2019 Callable 1,000,000 1,053 0.3%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 750,000 762 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 750,000 771 0.2%
European Bank for Reconstruction & Development 6.00% 05-04-2020 105,000,000 2,083 0.6%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 750,000 919 0.3%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 850,000 884 0.3%
Federative Republic of Brazil 5.63% 02-21-2047 1,950,000 2,435 0.7%
Fortified Trust 1.67% 07-23-2021 790,000 778 0.2%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 580,000 586 0.2%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-01-2024 520,000 620 0.2%
Futures Contracts -229 -0.1%
Gaz Metro Inc. 1.52% 05-25-2020 280,000 278 0.1%
General Electric Capital Corp. F/R 07-30-2019 16,000,000 2,549 0.8%
General Electric Co. 8.35% 09-03-2022 19,000,000 1,354 0.4%
General Electric Co. F/R 01-16-2018 8,000,000 1,261 0.4%
General Motors Financial Co. Inc. 2.40% 05-09-2019 Callable 2019 500,000 628 0.2%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 630,000 618 0.2%
Genesis Trust II 1.699% 04-15-2020 430,000 428 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 01-06-2023 385,938 467 0.1%
Government of Canada 1.00% 06-01-2027 6,350,000 5,873 1.8%
Government of Canada 1.50% 06-01-2023 310,000 309 0.1%
Government of Canada 2.75% 12-01-2048 100,000 111 0.0%
Government of Canada 3.50% 12-01-2045 240,000 301 0.1%
Government of Dominican Republic 7.50% 05-06-2021 1,200,000 1,671 0.5%
Government of Ireland 1.00% 05-15-2026 3,250,000 4,964 1.5%
Government of Mexico 10.00% 12-05-2024 139,000,000 11,505 3.5%
Government of Netherlands 0.50% 07-15-2026 3,159,000 4,763 1.4%
Government of Portugal 5.125% 10-15-2024 2,830,000 3,677 1.1%
Government of Romania 2.875% 10-28-2024 1,810,000 2,967 0.9%
Government of Romania 3.625% 04-24-2024 750,000 1,284 0.4%
Government of Spain 1.50% 04-30-2027 1,800,000 2,690 0.8%
Government of Turkey 10.60% 02-11-2026 9,100,000 3,341 1.0%
Government of Turkey 11.00% 02-24-2027 10,550,000 3,977 1.2%
Government of Turkey 9.40% 07-08-2020 8,500,000 2,967 0.9%
Green Plains Inc. Term Loan B 1st Lien F/R 08-08-2023 260,000 326 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 461,413 487 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,400,000 1,389 0.4%
Heathrow Funding Ltd. 4.00% 07-03-2019 3,200,000 3,314 1.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 520,922 656 0.2%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 37,920 48 0.0%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 1,462,500 1,844 0.6%
Hydro One Inc. 3.72% 11-18-2047 340,000 345 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 420,000 529 0.2%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 448,875 520 0.2%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 350,000 345 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 340,000 343 0.1%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 404,875 506 0.2%
International Finance Corp. 6.30% 11-25-2024 397,000,000 7,988 2.4%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 538,311 669 0.2%
iShares iBoxx $ High Yield Corp Bond ETF Put Option @ $86.00 Exp. 09-15-2017 1,356 8 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $81.00 Exp. 09-15-2017 980 0.0%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-10-2022 280,000 354 0.1%
John Deere Canada Funding Inc. 1.85% 03-24-2021 360,000 357 0.1%
JPW Industries Bridge Loan 10-28-2017 370,000 0.0%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 570,000 716 0.2%
Kommunalbanken AS F/R 05-26-2021 1,700,000 1,527 0.5%
Kommuninvest I Sverige AB 2.50% 12-01-2020 6,000,000 1,020 0.3%
Kraft Heinz Foods Co. 3.00% 06-01-2026 Callable 2026 1,250,000 1,508 0.5%
Lancer Finance Co. SPV Ltd. 5.85% 12-12-2017 144A 103,683 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 226,175 285 0.1%
LBM Borrower LLC. Term Loan 1st Lien F/R 08-20-2022 1,043,413 1,313 0.4%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-17-2022 220,000 278 0.1%
Lockheed Martin Corp. 3.55% 01-15-2026 Callable 2025 1,250,000 1,638 0.5%
Mackenzie Global High Yield Fixed Income ETF 950,000 18,867 5.6%
Mackenzie Unconstrained Fixed Income Fund Series R 165,258 1,690 0.5%
Manulife Bank of Canada 2.08% 05-26-2022 950,000 937 0.3%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 1,030,000 1,035 0.3%
Mexican Bonos 5.00% 12-11-2019 62,750,000 4,224 1.3%
Mexican Bonos 7.75% 11-13-2042 Series M 112,000,000 8,325 2.5%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 11,700,000 5,237 1.6%
Mexican Udibonos Inflation Linked Bonds 4.00% 11-15-2040 6,150,000 2,687 0.8%
Mitsubishi UFJ Financial Group Inc. 2.67% 07-25-2022 1,300,000 1,634 0.5%
Molson Coors International LP 2.25% 09-18-2018 1,030,000 1,034 0.3%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 610,000 607 0.2%
Molson Coors International LP 3.44% 07-15-2026 Callable Series MPLE 1,300,000 1,287 0.4%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 1,340,000 1,342 0.4%
National Australia Bank Ltd. 2.00% 01-14-2019 500,000 627 0.2%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 360,000 357 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 250,000 244 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 120,000 130 0.0%
Nykredit Realkredit AS 1.00% 01-01-2021 34,000,000 7,071 2.1%
Odebrecht Finance Ltd. 5.25% 06-27-2029 510,000 249 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 720,000 733 0.2%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 588,000 736 0.2%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 1,127,000 1,122 0.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 580,000 589 0.2%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 490,000 482 0.1%
PepsiCo Inc. 2.50% 11-01-2022 150,000 261 0.1%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 30,000 31 0.0%
Philip Morris International Inc. 1.375% 02-25-2019 500,000 622 0.2%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 180,000 216 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-30-2022 117,411 149 0.0%
Province of Manitoba 2.85% 09-05-2046 1,650,000 1,531 0.5%
Province of Manitoba 3.40% 09-05-2048 150,000 155 0.0%
Province of Ontario 2.40% 06-02-2026 400,000 397 0.1%
Province of Ontario 2.60% 06-02-2027 680,000 682 0.2%
Province of Ontario 2.80% 06-02-2048 370,000 349 0.1%
Province of Ontario 2.90% 12-02-2046 260,000 250 0.1%
Province of Quebec 2.75% 09-01-2027 20,000 20 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 115,000 126 0.0%
Queensland Treasury Corp. 2.75% 08-20-2027 6,800,000 6,517 2.0%
Rabobank Nederland of NY 2.50% 01-19-2021 250,000 317 0.1%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 520,000 0.0%
Realkredit Danmark AS 1.00% 04-01-2021 40,700,000 8,474 2.6%
Realkredit Danmark AS 1.00% 04-01-2022 33,900,000 7,067 2.1%
Reliance LP 3.813% 09-15-2020 150,000 153 0.0%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 448,875 563 0.2%
Republic of Poland F/R 01-25-2026 9,800,000 3,262 1.0%
Rite Aid Corp. 6.125% 04-01-2023 Callable 2018 144A 210,000 258 0.1%
Royal Bank of Canada 2.00% 03-21-2022 320,000 317 0.1%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 120,000 119 0.0%
Royal Bank of Canada 2.50% 01-19-2021 500,000 635 0.2%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 720,000 976 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 328,350 414 0.1%
Santander Consumer Bank AS 0.88% 06-12-2018 11,000,000 1,739 0.5%
Santander Consumer Bank AS F/R 03-30-2020 11,000,000 1,733 0.5%
Saputo Inc. 1.94% 06-13-2022 Callable 2022 480,000 471 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 727,617 707 0.2%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 06-20-2024 70,000 88 0.0%
Sempra Energy 2.85% 11-15-2020 Callable 2020 250,000 319 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 124,000 137 0.0%
Source Energy Services Ltd. Private Placement 1,160 8 0.0%
STAPLES INC. BRIDGE LOAN 12/28/17 SR. UNSECURED 1,320,000 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 380,000 472 0.1%
State Bank of India 3.25% 04-18-2018 144A 475,000 598 0.2%
State Bank of India 3.622% 04-17-2019 144A 200,000 255 0.1%
State of Israel 2.00% 03-31-2027 14,000,000 4,998 1.5%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 800,000 1,025 0.3%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 540,000 609 0.2%
Telefonica Emisiones SAU 3.987% 01-23-2023 300,000 524 0.2%
Telefonica Emisiones SAU 5.597% 03-12-2020 200,000 360 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 180,000 232 0.1%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 1,100,000 1,103 0.3%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 4,220,000 3,964 1.2%
The Korea Development Bank 1.50% 01-22-2018 500,000 624 0.2%
The Korea Development Bank 5.25% 04-03-2018 800,000 727 0.2%
The Southern Co. 2.15% 09-01-2019 Callable 2019 1,000,000 1,254 0.4%
The Toronto-Dominion Bank 1.68% 06-08-2021 Covered 610,000 603 0.2%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 1,600,000 1,606 0.5%
TransAlta Corp. Pfd. Series A 34,257 493 0.1%
TransCanada Corp. Pfd. Series 15 59,082 1,536 0.5%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 310,000 394 0.1%
TransCanada PipeLines Ltd. 3.80% 10-01-2020 500,000 656 0.2%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,000,000 1,002 0.3%
Treasury Corp. of Victoria 3.00% 10-20-2028 4,975,000 4,876 1.5%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 1,356,818 1,713 0.5%
TricorBraun Inc. (KRAIND) Term Loan Delayed Draw 1st Lien F/R 11-28-2023 136,364 172 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 1,042,297 1,303 0.4%
United States Treasury 2.25% 02-15-2027 4,175,000 5,274 1.6%
United States Treasury 2.25% 11-15-2025 100,000 127 0.0%
United States Treasury 3.00% 02-15-2047 7,700,000 10,157 3.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 840,000 828 0.3%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,180,000 1,381 0.4%
Verizon Communications Inc. 5.15% 09-15-2023 1,300,000 1,817 0.6%
VRX Escrow Corp. 4.50% 05-15-2023 Callable 2020 144A 1,250,000 1,533 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 650,000 640 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,700,000 1,670 0.5%
Wells Fargo & Co. 7.98% 03-15-2018 300,000 385 0.1%
Werner FinCo LP 8.75% 07-15-2025 Callable 2020 144A 110,000 139 0.0%
West Corp. Olympus Bridge Loan 02-07-2018 610,000 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 280,000 347 0.1%
Total Investments -- 317,440 96.1%
Cash & Equivalents -- 5,780 1.8%
Currency Hedge Contracts -- 6,929 2.1%
Other Assets (Liabilities) -- 99 0.0%
Total Net Assets -- 330,248 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of November 30, 2017
  • Regional Allocation
      United States
    27.8%
      Canada
    25.3%
      Other
    15.3%
      Mexico
    9.4%
      Australia
    4.4%
      United Kingdom
    4.0%
      Bahamas
    3.8%
      Norway
    2.8%
      Poland
    2.7%
      Belgium
    1.8%
      Cash & Equivalents 2.7%
  • Sector Allocation
      Corporate Bonds 38.7%
      Foreign Fixed Income 38.1%
      Bank Loans 6.5%
      Mutual&Pooled 6.4%
      Other 4.1%
      Cash & Equivalents 2.7%
      Provincial Bonds 1.9%
      Equities 1.6%
Credit Allocation (%)
AAA 15.9%
AA 10.9%
A 29.5%
BBB 18.6%
BB 8.8%
B 8.6%
CCC & Below 1.7%
NR 1.3%
Cash & Equivalents 3%
Equities 1.8%

Other Global Fixed Income Funds

Portfolio Managers

Konstantin Boehmer, MBA

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

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 BofA Merrill Lynch Global Broad Market (Hedged to CAD) 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 Canadian 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).