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 July 31, 2017
Major holdings represent 29.1% of the fund.
View all holdings
Total # of
Equity Holdings
6
Total # of
Fixed Income Holdings
214
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 3.00% 02-15-2047
United States | Foreign Governments
4.4%
Government of Mexico 10.00% 12-05-2024
Mexico | Foreign Governments
3.5%
Realkredit Danmark AS 1.00% 04-01-2021
Denmark | Corporate - Non Convertible
2.5%
Mexican Bonos 7.75% 11-13-2042 Series M
Mexico | Foreign Governments
2.5%
International Finance Corp. 6.30% 11-25-2024
United States | Supra - National
2.4%
Nykredit Realkredit AS 1.00% 01-01-2021
Denmark | Corporate - Non Convertible
2.1%
Realkredit Danmark AS 1.00% 04-01-2022
Denmark | Corporate - Non Convertible
2.1%
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
2.0%
Commonwealth of Bahamas 6.95% 11-20-2029
Bahamas | Foreign Governments
1.9%

Complete Fund Holdings Help Full holdings list

As of May 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.60% 05-21-2047 Callable 540,000 558 0.2%
African Development Bank F/R 02-24-2019 4,000,000 624 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,100,000 1,213 0.4%
Allied Properties REIT 3.93% 11-14-2022 Series B 404,000 425 0.1%
AltaGas Ltd. Pfd. Series K 35,483 913 0.3%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 764,000 804 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 04-30-2023 200,000 271 0.1%
AMS FinCo SARL Term Loan 1st Lien F/R 05-17-2024 150,000 202 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 870,000 883 0.3%
Anheuser-Busch InBev Finance Inc. 2.65% 02-01-2021 Callable 2021 2,900,000 3,983 1.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 610,000 850 0.3%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 463 0.1%
Argentine Bonos del Tesoro 21.20% 09-19-2018 27,000,000 2,284 0.7%
Ascend Learning LLC Bridge Loan 10-18-2017 1L Sr. Secd 190,000 0.0%
Asian Development Bank 6.45% 08-08-2021 41,430,000 887 0.3%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 210,000 278 0.1%
ASP AMC Merger Sub Inc. Term Loan 1st Lien F/R 04-13-2024 275,363 370 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 208,950 285 0.1%
AT&T Inc. 2.30% 03-11-2019 500,000 680 0.2%
Australia and New Zealand Banking Group Ltd. 2.00% 11-16-2018 500,000 678 0.2%
Aviva PLC 4.50% 05-10-2021 370,000 400 0.1%
Bank of America Corp. F/R 02-07-2022 Callable 2021 1,100,000 1,680 0.5%
Bank of America Corp. F/R 03-15-2023 Callable 2022 1,510,000 1,537 0.5%
Bank of Montreal 1.80% 07-31-2018 400,000 540 0.2%
Bank of Montreal F/R 06-01-2027 Callable 2022 1,390,000 1,395 0.4%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 540,000 564 0.2%
BK Nederlandse Gemeenten NV 2.125% 02-13-2019 5,500,000 886 0.3%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 Series NTNF 805,000 3,226 1.0%
Brookfield Asset Management Inc. Pfd. Series 46 23,788 620 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 620,000 646 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 200,000 213 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:17-1 290,000 300 0.1%
Bruce Power LP 3.97% 06-23-2026 260,000 283 0.1%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 447,750 609 0.2%
Canadian Credit Card Trust II 1.829% 03-24-2020 280,000 283 0.1%
Canadian Imperial Bank of Commerce 1.55% 01-23-2018 Callable 2017 250,000 337 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 670,000 678 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 80,000 83 0.0%
Canadian National Railway Co. 2.85% 12-15-2021 Callable 2021 250,000 347 0.1%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 738,750 999 0.3%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 02-21-2024 240,000 324 0.1%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 1,230,000 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 520,000 701 0.2%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 248,125 338 0.1%
City of Oslo 2.35% 09-04-2024 26,000,000 4,227 1.3%
Coca-Cola FEMSA SAB de CV 2.375% 11-26-2018 2,000,000 2,721 0.8%
Commonwealth of Bahamas 5.75% 01-16-2024 1,720,000 2,443 0.7%
Commonwealth of Bahamas 6.95% 11-20-2029 4,625,000 6,815 2.0%
Commonwealth of Bahamas 7.125% 04-02-2038 500,000 718 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 614,416 833 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 159,182 215 0.1%
Cooperatieve Rabobank UA F/R 11-27-2019 5,000,000 777 0.2%
Corporacion Andina de Fomento 1.50% 08-08-2017 250,000 338 0.1%
Corporacion Andina de Fomento 2.00% 05-10-2019 500,000 677 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 90,000 105 0.0%
CSM NV Term Loan B F/R 07-03-2020 307,176 391 0.1%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 584,097 802 0.2%
Currency Call Option AUD/JPY 06-20-2017 Strike 85.00 19,600,000 8 0.0%
Currency Call Option USD/CNH 03-01-2018 Strike 7.50 27,410,000 145 0.0%
Currency Put Option EUR/JPY 06-07-2017 Strike 118.00 14,100,000 0.0%
Currency Written Call Option USD/CNH 03-01-2018 Strike 7.75 -20,560,000 -60 0.0%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 770,000 783 0.2%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 688 0.2%
Danske Bank AS F/R 05-22-2020 4,500,000 711 0.2%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 430,000 580 0.2%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 540,102 709 0.2%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 70,000 100 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 150,000 220 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 150,000 223 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 367,688 484 0.1%
Enbridge Inc. 4.00% 10-01-2023 Callable 2023 250,000 354 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 5,120 92 0.0%
Endo International plc Term Loan B 1st Lien F/R 04-12-2024 110,000 150 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 750,000 770 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 750,000 788 0.2%
Energy Solutions LLC Term Loan B 1st Lien F/R 05-06-2020 564,256 773 0.2%
European Bank for Reconstruction & Development 6.00% 05-04-2020 105,000,000 2,212 0.7%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 850,000 902 0.3%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 841,743 1,109 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 89,286 122 0.0%
Fortified Trust 1.67% 07-23-2021 790,000 792 0.2%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 580,000 602 0.2%
Futures Contracts -176 -0.1%
Gaz Metro Inc. 1.52% 05-25-2020 280,000 282 0.1%
General Electric Capital Corp. F/R 07-30-2019 16,000,000 2,514 0.8%
General Electric Co. 8.35% 09-03-2022 19,000,000 1,369 0.4%
General Electric Co. F/R 01-16-2018 8,000,000 1,247 0.4%
General Motors Financial Co. Inc. 2.40% 05-09-2019 Callable 2019 500,000 677 0.2%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 630,000 629 0.2%
Genesis Trust II 1.699% 04-15-2020 430,000 433 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 650,000 821 0.2%
Government of Bermuda 4.138% 01-03-2023 2,300,000 3,257 1.0%
Government of Canada 1.50% 06-01-2023 310,000 318 0.1%
Government of Canada 2.75% 12-01-2048 100,000 116 0.0%
Government of Canada 3.50% 12-01-2045 240,000 313 0.1%
Government of Chile 5.50% 08-05-2020 2,638,000,000 5,626 1.7%
Government of Ireland 1.00% 05-15-2026 10,675,000 16,526 4.9%
Government of Ireland 2.00% 02-18-2045 1,800,000 2,774 0.8%
Government of Mexico 10.00% 12-05-2024 100,000,000 8,375 2.5%
Government of Netherlands 0.50% 07-15-2026 3,159,000 4,860 1.5%
Government of Poland 2.50% 07-25-2018 1,500,000 550 0.2%
Government of Poland 3.25% 07-25-2025 7,700,000 2,840 0.8%
Government of Poland 4.00% 10-25-2023 6,500,000 2,521 0.8%
Government of Portugal 5.125% 10-15-2024 2,830,000 3,894 1.2%
Government of Romania 2.875% 10-28-2024 1,810,000 2,983 0.9%
Government of Romania 3.625% 04-24-2024 750,000 1,293 0.4%
Government of Spain 1.50% 04-30-2027 1,800,000 2,721 0.8%
Government of Turkey 10.60% 02-11-2026 9,100,000 3,550 1.1%
Government of Turkey 11.00% 02-24-2027 6,500,000 2,608 0.8%
Government of Turkey 9.40% 07-08-2020 8,500,000 3,160 0.9%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 461,413 614 0.2%
Guanay Finance Ltd. 6.00% 12-15-2020 144A 427,574 593 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 670,000 676 0.2%
Heathrow Funding Ltd. 4.00% 07-03-2019 3,200,000 3,367 1.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 400,000 545 0.2%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 160,000 218 0.1%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 1,481,250 1,979 0.6%
Hydro One Inc. 3.72% 11-18-2047 340,000 357 0.1%
Hyperion Insurance Group Ltd. Term Loan B 1st Lien F/R 04-29-2022 994,924 1,353 0.4%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 420,000 572 0.2%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 450,000 610 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 275,575 373 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 350,000 356 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 340,000 355 0.1%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 410,000 547 0.2%
International Equipment Solutions LLC Term Loan B 1st Lien F/R 07-25-2019 309,207 409 0.1%
International Finance Corp. 6.30% 11-25-2024 297,000,000 6,359 1.9%
Invenergy Thermal Operating I LLC Term Loan B 1st Lien F/R 10-09-2022 308,472 402 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 539,695 728 0.2%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $81.00 Exp. 09-15-2017 980 35 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 150,000 200 0.1%
John Deere Canada Funding Inc. 1.85% 03-24-2021 360,000 363 0.1%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 570,000 770 0.2%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-10-2024 150,000 198 0.1%
Kommunalbanken AS F/R 05-26-2021 1,700,000 1,629 0.5%
Kommuninvest I Sverige AB 2.50% 12-01-2020 6,000,000 1,015 0.3%
Lanai Holdings III Inc. Term Loan B 1st Lien F/R 08-14-2022 392,333 519 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 150,000 202 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 650,000 883 0.3%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 318,000 413 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 238,760 235 0.1%
Mackenzie Global High Yield Fixed Income ETF 950,000 19,128 5.7%
Mackenzie Unconstrained Fixed Income Fund Series R 165,258 1,715 0.5%
Manulife Bank of Canada 2.08% 05-26-2022 950,000 954 0.3%
Mexican Bonos 5.00% 12-11-2019 62,750,000 4,311 1.3%
Mexican Bonos 7.75% 11-13-2042 Series M 70,000,000 5,175 1.5%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 11,700,000 5,313 1.6%
Mexican Udibonos Inflation Linked Bonds 4.00% 11-15-2040 6,150,000 2,692 0.8%
Molson Coors International LP 2.25% 09-18-2018 1,030,000 1,041 0.3%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 610,000 622 0.2%
Molson Coors International LP 3.44% 07-15-2026 Callable Series MPLE 1,300,000 1,334 0.4%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 1,340,000 1,378 0.4%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 118,553 162 0.0%
National Australia Bank Ltd. 2.00% 01-14-2019 500,000 677 0.2%
New Arclin US Holding Corp. Term Loan 1st Lien F/R 02-08-2024 90,000 123 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 360,000 362 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 250,000 252 0.1%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 103,215 139 0.0%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 70,000 93 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 120,000 147 0.0%
Nykredit Realkredit AS 1.00% 01-01-2021 34,000,000 7,201 2.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 700,000 373 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 720,000 757 0.2%
Oxbow Carbon & Minerals LLC Term Loan B 2nd Lien F/R 01-19-2020 250,000 340 0.1%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 589,500 798 0.2%
Parfums de Coeur Ltd. Term Loan 1st Lien F/R 06-30-2022 179,420 243 0.1%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 1,127,000 1,157 0.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 580,000 613 0.2%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 490,000 495 0.1%
PepsiCo Inc. 2.50% 11-01-2022 150,000 281 0.1%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 30,000 40 0.0%
PetSmart Inc. Bridge Loan 01-24-2018 1L Gtd Sr. Secd 210,000 0.0%
PetSmart Inc. Bridge Loan 01-24-2018 Sr. Unsecd 355,000 0.0%
Philip Morris International Inc. 1.375% 02-25-2019 500,000 672 0.2%
Poland Government Bond 2.50% 07-25-2026 12,000,000 4,141 1.2%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 267,950 358 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-30-2022 735,741 1,012 0.3%
Province of British Columbia 2.55% 06-18-2027 80,000 83 0.0%
Province of Manitoba 2.85% 09-05-2046 1,650,000 1,581 0.5%
Province Of Manitoba 3.40% 09-05-2048 150,000 161 0.0%
Province of Ontario 2.60% 06-02-2027 990,000 1,027 0.3%
Province of Ontario 2.80% 06-02-2048 370,000 361 0.1%
Province of Ontario 2.90% 12-02-2046 260,000 258 0.1%
Q Holding Co. Term Loan B 1st Lien F/R 12-18-2021 397,964 540 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 115,000 125 0.0%
Quinpario Acquisition Corp. BL 07-24-2017 Secured & Unsecured Bridge Loan 1,500,000 0.0%
Rabobank Nederland of NY 2.50% 01-19-2021 250,000 341 0.1%
Realkredit Danmark AS 1.00% 04-01-2021 40,700,000 8,614 2.6%
Realkredit Danmark AS 1.00% 04-01-2022 33,900,000 7,182 2.1%
Reliance LP 3.813% 09-15-2020 150,000 156 0.0%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 798,256 1,057 0.3%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 450,000 611 0.2%
Royal Bank of Canada 2.00% 03-21-2022 320,000 323 0.1%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 120,000 122 0.0%
Royal Bank of Canada 2.50% 01-19-2021 500,000 684 0.2%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 720,000 1,041 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 329,175 447 0.1%
Santander Consumer Bank AS 0.88% 06-12-2018 11,000,000 1,724 0.5%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 727,617 723 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 198,994 274 0.1%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 240,000 327 0.1%
Sempra Energy 2.85% 11-15-2020 Callable 2020 250,000 344 0.1%
Solenis International LP Term Loan 2nd Lien F/R 07-31-2022 50,000 67 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 150,000 165 0.0%
Source Energy Services Ltd. Private Placement 1,160 9 0.0%
SourceHOV LLC Term Loan B 1st Lien F/R 10-29-2019 355,102 455 0.1%
St. George's University Term Loan B 1st Lien F/R 07-06-2022 205,207 280 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 367,712 447 0.1%
State Bank of India 3.25% 04-18-2018 144A 475,000 648 0.2%
State Bank of India 3.622% 04-17-2019 144A 200,000 276 0.1%
State Bank of India 4.125% 08-01-2017 144A 200,000 271 0.1%
Superior Industries International Inc. Bridge Term 2 1st Lien F/R 03-21-2018 480,000 728 0.2%
Sybil Software LLC Term Loan B 1st Lien F/R 09-30-2023 227,125 310 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 800,000 1,096 0.3%
Telefonica Emisiones SAU 3.987% 01-23-2023 300,000 537 0.2%
Telefonica Emisiones SAU 5.597% 03-12-2020 200,000 390 0.1%
Temasek Financial I Ltd. 3.265% 02-19-2020 1,500,000 1,534 0.5%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 180,000 254 0.1%
Tempo Acquisition LLC Term Loan B 1st Lien F/R 04-21-2024 140,000 190 0.1%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 4,220,000 4,236 1.3%
The Korea Development Bank 1.50% 01-22-2018 500,000 674 0.2%
The Korea Development Bank 5.25% 04-03-2018 800,000 779 0.2%
The Southern Co. 2.15% 09-01-2019 Callable 2019 1,000,000 1,352 0.4%
The Toronto-Dominion Bank 1.68% 06-08-2021 Covered 610,000 613 0.2%
TransAlta Corp. Pfd. Series A 32,138 412 0.1%
TransCanada Corp. 4.00% Pfd. Series 7 2,938 61 0.0%
TransCanada Corp. Pfd. Series 15 59,082 1,541 0.5%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 310,000 427 0.1%
TransCanada PipeLines Ltd. 3.80% 10-01-2020 500,000 711 0.2%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,000,000 1,029 0.3%
Travel Leaders Group LLC Term Loan B 1st Lien F/R 01-19-2024 940,000 1,288 0.4%
Treasury Corp. of Victoria 5.50% 11-17-2026 2,700,000 3,361 1.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 1,360,227 1,859 0.6%
TricorBraun Inc. (KRAIND) Term Loan Delayed Draw 1st Lien F/R 11-28-2023 136,364 186 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 1,244,922 1,675 0.5%
United Parcel Service Inc. 2.13% 05-21-2024 Callable 2024 700,000 706 0.2%
United States Treasury 2.13% 02-29-2024 5,000,000 6,812 2.0%
United States Treasury 2.25% 02-15-2027 7,575,000 10,272 3.1%
United States Treasury 2.25% 11-15-2025 100,000 136 0.0%
United States Treasury 3.00% 02-15-2047 3,700,000 5,137 1.5%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,046,068 1,422 0.4%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 248,125 335 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 840,000 846 0.3%
Verdesian Life Sciences LLC Term Loan 1st Lien F/R 06-25-2020 710,644 830 0.2%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,180,000 1,480 0.4%
Virtu Financial Bridge Loan 01-31-2018 2l Gtd Sr. Secd 460,000 0.0%
VRX Escrow Corp. 4.50% 05-15-2023 Callable 2020 144A 1,250,000 1,467 0.4%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 300,000 397 0.1%
Wells Fargo & Co. 2.51% 10-27-2023 650,000 658 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,700,000 1,728 0.5%
Wells Fargo & Co. 7.98% 03-15-2018 300,000 422 0.1%
Windstream Services LLC Term Loan B6 1st Lien F/R 03-16-2021 349,123 476 0.1%
Total Investments -- 325,132 96.7%
Cash & Equivalents -- 19,610 6.4%
Currency Hedge Contracts -- -4,745 -1.4%
Other Assets (Liabilities) -- -5,748 -1.7%
Total Net Assets -- 334,249 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2017
  • Regional Allocation
      United States
    26.3%
      Canada
    20.0%
      Other
    13.0%
      Mexico
    10.7%
      Denmark
    7.2%
      Australia
    4.3%
      Turkey
    3.0%
      Bahamas
    2.8%
      Norway
    2.3%
      Netherlands
    2.0%
      Cash & Equivalents 8.4%
  • Sector Allocation
      Corporate Bonds 35.7%
      Foreign Fixed Income 35.5%
      Cash & Equivalents 8.4%
      Mutual&Pooled 6.3%
      Bank Loans 5.8%
      Other 3.7%
      Federal Bonds 2%
      Equities 1.4%
      Provincial Bonds 1.2%
Credit Allocation (%)
AAA 23.4%
AA 8.3%
A 23.6%
BBB 16.8%
BB 7.3%
B 7.1%
C 0.9%
NR 2.1%
Cash & Equivalents 9%
Equities 1.6%

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).