Fund Portfolio – Mackenzie Global Tactical Bond Fund Series D MFC4712 | Mackenzie Investments

Mackenzie Global Tactical Bond Fund Series D

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of December 31, 2018
Major holdings represent 29.9% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
295
Holding name, country and sector Percentage of holding in fund
United States Treasury 1.01% 02-15-2048 Inflation Indexed
United States | Foreign Governments
4.1%
International Finance Corp. 7.00% 07-20-2027
United States | Supra - National
4.1%
Mackenzie Global High Yield Fixed Income ETF
Canada | Exchange Traded Funds
3.9%
United Kingdom Treasury 4.25% 12-07-2027
United Kingdom | Foreign Governments
3.1%
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
3.0%
Government of Japan 0.10% 02-15-2019
Japan | Foreign Governments
2.9%
Mackenzie US Investment Grade Corporate Bond Index ETF
Canada | Exchange Traded Funds
2.8%
Treasury Corp. of Victoria 3.00% 10-20-2028
Australia | Foreign Governments
2.3%
City of Oslo 2.35% 09-04-2024
Norway | Foreign Governments
1.9%
The Goldman Sachs Group Inc. 5.20% 12-17-2019
United States | Corporate - Non Convertible
1.8%

Complete Fund Holdings Help Full holdings list

As of October 31, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.60% 05-21-2047 Callable 540,000 512 0.2%
407 International Inc. 3.72% 05-11-2048 Callable 2047 690,000 667 0.3%
AbbVie Inc. 3.75% 11-14-2023 Callable 2023 90,000 118 0.1%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 209,475 278 0.1%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 70,000 90 0.0%
African Development Bank F/R 02-24-2019 4,000,000 575 0.2%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 240,000 318 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 350,000 336 0.1%
AL Midcoast Holdings LLC B Term Loan 1st Lien F/R 06-28-2025 160,000 211 0.1%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 140,000 186 0.1%
Alibaba Group Holding Ltd. 3.40% 12-06-2027 Callable 2027 310,000 372 0.2%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 370,000 360 0.2%
AltaGas Ltd. Pfd. Series K 17,174 391 0.2%
Altice France SA Term Loan B13 1st Lien F/R 01-31-2026 210,000 271 0.1%
Amneal Pharmaceuticals LLC Term loan B 1st Lien F/R 03-23-2025 279,235 370 0.2%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 450,000 537 0.2%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 370,000 365 0.2%
Asian Development Bank 5.90% 12-20-2022 69,970,000 1,175 0.5%
Asian Development Bank 6.00% 02-24-2021 55,000,000 950 0.4%
Asian Development Bank 6.45% 08-08-2021 41,430,000 719 0.3%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 180,000 179 0.1%
AT&T Inc. 2.35% 09-05-2029 Callable 2029 520,000 682 0.3%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 690,000 680 0.3%
AT&T Inc. 4.90% 08-14-2037 144A 210,000 270 0.1%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 129,400 172 0.1%
Australia and New Zealand Banking Group Ltd. 2.00% 11-16-2018 500,000 658 0.3%
Aviva PLC 4.50% 05-10-2021 750,000 767 0.3%
Avolon Holdings Funding Ltd. 5.13% 10-01-2023 Callable 2023 144A 60,000 78 0.0%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 109,725 146 0.1%
Bank of America Corp. 3.228% 06-22-2022 390,000 388 0.2%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 490,000 484 0.2%
Bank of America Corp. F/R 02-07-2022 Callable 2021 1,100,000 1,651 0.7%
Bank of America Corp. F/R 07-23-2024 Callable 2023 110,000 146 0.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 530,000 641 0.3%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 540,000 522 0.2%
Beacon Escrow Corp. 4.88% 11-01-2025 Callable 2020 144A 80,000 95 0.0%
Bell Canada 3.60% 09-29-2027 Callable MTN 620,000 602 0.3%
Bell Canada 3.80% 08-21-2028 Callable 2028 390,000 381 0.2%
BK Nederlandse Gemeenten NV 2.125% 02-13-2019 5,500,000 796 0.3%
BP Capital Markets PLC 3.47% 05-15-2025 550,000 544 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 19,887 508 0.2%
Brookfield Asset Management Inc. Pfd. Series 48 14,918 368 0.2%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2018 590,000 575 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 470,000 451 0.2%
Brookfield Renewable Partners LP Pfd. Series 11 31,771 785 0.3%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 420,000 415 0.2%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 620,000 599 0.3%
Bruce Power LP 3.97% 06-23-2026 510,000 513 0.2%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 45,810 60 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 84,190 111 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 600,000 727 0.3%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 431,950 569 0.2%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 713,793 947 0.4%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 380,000 500 0.2%
Canadian Credit Card Trust II 1.829% 03-24-2020 280,000 276 0.1%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 210,000 210 0.1%
Canadian Imperial Bank of Commerce F/R 04-04-2028 Callable 2023 70,000 69 0.0%
Canadian National Railway Co. 2.85% 12-15-2021 Callable 2021 250,000 323 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 340,000 320 0.1%
Canadian Western Bank 2.74% 06-16-2022 DPNT 340,000 332 0.1%
Canadian Western Bank 2.751% 06-29-2020 300,000 298 0.1%
Canadian Western Bank 2.92% 12-15-2022 560,000 547 0.2%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 335,750 441 0.2%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 317,436 420 0.2%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 328,350 421 0.2%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 360,000 355 0.2%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 80,000 105 0.0%
Central 1 Credit Union 2.60% 11-07-2022 440,000 426 0.2%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 07-25-2025 90,000 119 0.1%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 580,000 574 0.2%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 170,000 170 0.1%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 720,000 706 0.3%
CI Financial Corp. 3.52% 07-20-2023 Callable 2023 280,000 276 0.1%
City of Oslo 2.35% 09-04-2024 26,000,000 4,056 1.7%
Coca-Cola Femsa SAB de CV 2.375% 11-26-2018 780,000 1,026 0.4%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 700,000 916 0.4%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 443,250 553 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 1,050,000 1,407 0.6%
Commonwealth of Bahamas 6.95% 11-20-2029 410,000 579 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 605,177 755 0.3%
Cooperatieve Rabobank UA F/R 11-27-2019 5,000,000 719 0.3%
Corel Corp. Term Loan 1st Lien F/R 05-11-2024 140,000 185 0.1%
Corporacion Andina de Fomento 2.00% 05-10-2019 500,000 654 0.3%
Coupa Software Inc. 120,000 158 0.1%
Crown Subsea Communications Holing Inc. Term Loan 1st Lien F/R 11-02-2025 90,000 118 0.1%
CSC Holdings LLC Term Loan B 1st Lien F/R 01-12-2026 139,300 183 0.1%
CU Inc. 3.964% 07-27-2045 Callable 40,000 40 0.0%
Currency Call Option CAD/KRW 04-03-2019 Strike $900.00 8,820,000 92 0.0%
Currency Call Option NOK/EUR 12-14-2018 Strike $9.30 14,040,000 16 0.0%
Currency Call Option USD/EUR 12-31-2018 Strike $1.10 11,500,000 49 0.0%
Currency Call Option USD/THB 12-21-2018 Strike $33.00 12,940,000 184 0.1%
Currency Call Option USD/TRY 01-22-2019 Strike $7.00 2,120,000 21 0.0%
Currency Written Call Option NOK/EUR 12-14-2018 Strike $8.90 -14,040,000 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 640 0.3%
Danske Bank AS F/R 05-22-2020 4,500,000 653 0.3%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 702,233 930 0.4%
Deutsche Bank AG 3.70% 05-30-2024 150,000 196 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 70,000 93 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 150,000 204 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 150,000 205 0.1%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 49,650 66 0.0%
Eagle Credit Card Trust 2.63% 10-17-2022 250,000 244 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 80,000 105 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 169,575 223 0.1%
Emera Inc. 2.90% 06-16-2023 430,000 417 0.2%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 460,000 433 0.2%
Enbridge Inc. 3.70% 07-15-2027 Callable 2027 270,000 336 0.1%
Enbridge Inc. 4.57% 03-11-2044 650,000 626 0.3%
Enbridge Inc. 4.77% 09-02-2019 Callable 1,000,000 1,017 0.4%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 2,580,000 2,407 1.0%
Enbridge Inc. F/R 04-12-2078 Callable 2028 690,000 698 0.3%
ENC Holding Corp. Delayed Draw Term Loan 1st Lien F/R 05-30-2025 4,000 5 0.0%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 65,835 87 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 750,000 743 0.3%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 570,000 564 0.2%
Energizer Holdings Inc. Bridge Loan Exp. 05-18-2019 250,000 0.0%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 119,700 159 0.1%
Enterprise Merger Sub Inc. Term Loan 1st Lien F/R 09-28-2025 390,000 504 0.2%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 450,000 422 0.2%
EPR Properties 4.95% 04-15-2028 Callable 2028 320,000 408 0.2%
Equinix Inc. 5.88% 01-15-2026 Callable 2021 130,000 170 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 450,000 616 0.3%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 430,000 418 0.2%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 670,000 1,056 0.5%
Federal Republic of Germany 1.25% 08-15-2048 1,600,000 2,526 1.1%
Financial & Risk US Holdings Inc. 8.25% 11-15-2026 Callable 2021 144A 120,000 154 0.1%
Financial & Risk US Holdings Inc. Term Loan B 1st Lien F/R 10-01-2025 560,000 734 0.3%
Forming Machining Industries Holdings LLC Term Loan 1st Lien F/R 10-03-2025 150,000 198 0.1%
Fortified Trust 1.67% 07-23-2021 790,000 761 0.3%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 144A 100,000 130 0.1%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 80,000 104 0.0%
Frontera Generation Holdings LLC. Term Loan B 1st Lien F/R 04-25-2025 119,700 158 0.1%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 136,500 170 0.1%
Futures Contracts 112 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 200,000 247 0.1%
General Electric Capital Corp. F/R 07-30-2019 11,000,000 1,589 0.7%
General Electric Co. 8.35% 09-03-2022 19,000,000 1,179 0.5%
General Electric Co. F/R 12-08-2021 5,000,000 712 0.3%
General Finance Corp. 250,000 325 0.1%
General Motors Financial Co. Inc. 2.40% 05-09-2019 Callable 2019 500,000 656 0.3%
Gentiva Health Services Inc. Term Loan 1st Lien F/R 06-21-2025 127,059 168 0.1%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 60,000 73 0.0%
GFL Environmental Inc. 7.00% 06-01-2026 Callable 2021 144A 50,000 61 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 460,000 460 0.2%
Glacier Credit Card Trust 3.14% 09-20-2023 310,000 307 0.1%
Government of Aruba 6.50% 01-31-2029 2,050,000 2,707 1.2%
Government of Australia 2.25% 05-21-2028 4,000,000 3,612 1.5%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 3,730,000 4,658 2.0%
Government of Bermuda 4.854% 02-06-2024 420,000 572 0.2%
Government of Bermuda 5.60% 07-20-20 490,000 663 0.3%
Government of Canada 2.50% 06-01-2024 650,000 652 0.3%
Government of Canada 2.75% 12-01-2048 90,000 94 0.0%
Government of Cayman Islands 5.95% 11-24-2019 144A 950,000 1,286 0.5%
Government of Germany 0.50% 02-15-2028 970,000 1,341 0.6%
Government of Ireland 1.00% 05-15-2026 1,000,000 1,528 0.7%
Government of Jamaica 8.00% 06-24-2019 340,000 457 0.2%
Government of Japan 0.10% 02-15-2019 500,000,000 5,835 2.5%
Government of Qatar 6.55% 04-09-2019 2,800,000 3,739 1.6%
Government of Russia 7.05% 01-19-2028 142,000,000 2,595 1.1%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 257,400 343 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 144,375 191 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 460,000 444 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 280,000 274 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 231,000 292 0.1%
Halo Buyer Inc. Delayed Draw Term Loan 1st Lien F/R 06-28-2025 20,693 27 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 49,136 64 0.0%
Hearthside Group Holdings LLC 1st Lien F/R 05-17-2025 129,675 168 0.1%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 45,652 60 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04/17/2025 303,587 399 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 650,000 631 0.3%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 410,000 401 0.2%
Hillman Group Inc. Term Loan B 1st Lien F/R 05-21-2025 99,750 129 0.1%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 228,850 303 0.1%
HSBC Bank Canada 3.25% 09-15-2023 490,000 486 0.2%
HSBC Holdings PLC 0.45% 09-24-2021 200,000,000 2,344 1.0%
Hub International Ltd. Term Loan B 1st Lien F/R 04-25-2025 99,750 131 0.1%
Hudson River Trading LLC Term Loan 1st Lien F/R 03-20-2025 189,050 250 0.1%
Hydro One Inc. 2.97% 06-26-2025 Callable 2025 200,000 195 0.1%
Hydro One Inc. 3.72% 11-18-2047 300,000 283 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 393,750 520 0.2%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 350,000 332 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 340,000 326 0.1%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 240,000 316 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 130,000 172 0.1%
International Finance Corp. 7.00% 07-20-2027 144,670,000 8,114 3.5%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 258,375 342 0.1%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 217,250 286 0.1%
iShares 0-5 Year High Yield Corporate Bond ETF 3,909 238 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF 5,774 641 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 12-21-2018 850 111 0.0%
iShares iBoxx $ Investment Grade Corporate Bond ETF 16,375 2,419 1.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 80,000 98 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 240,000 237 0.1%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 79,596 105 0.0%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 129,675 167 0.1%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 99,750 133 0.1%
KeyW Holding Corp/The Term Loan 1st Lien F/R 05-04-2024 133,488 177 0.1%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 110,000 145 0.1%
Knorr-Bremse AG 80,000 106 0.0%
Kommunalbanken AS F/R 05-26-2021 1,700,000 1,473 0.6%
Kommuninvest I Sverige AB 2.50% 12-01-2020 6,000,000 908 0.4%
Kraft Heinz Foods Co. 3.00% 06-01-2026 Callable 2026 1,250,000 1,470 0.6%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 100,000 100 0.0%
KSB SE & Co. KGaA 148,125 196 0.1%
L&W Inc. Term Loan 1st Lien F/R 05-17-2025 229,425 304 0.1%
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 223,341 295 0.1%
Laurentian Bank of Canada 3.45% 06-27-2023 240,000 236 0.1%
Laurentian Bank of Canada F/R 10-22-2019 560,000 561 0.2%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 281,077 376 0.2%
LifeScan Global Corp. Term Loan 1L F/R 06-19-2024 430,000 554 0.2%
Linde PLC 120,000 158 0.1%
Mackenzie Floating Rate Income ETF 45,382 972 0.4%
Mackenzie Global High Yield Fixed Income ETF 450,000 8,636 3.8%
Mackenzie Unconstrained Fixed Income Fund Series R 169,045 1,664 0.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 64,215 6,151 2.6%
Manulife Bank of Canada 2.84% 01-12-2023 420,000 412 0.2%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 260,000 256 0.1%
Mastronardi Produce Ltd. Term Loan B 1st Lien F/R 04-18-2025 99,750 132 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 180,000 176 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 120,000 149 0.1%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 188,000 229 0.1%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 268,650 350 0.1%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 354,556 467 0.2%
Metro Inc. 3.39% 12-06-2027 Callable 2027 460,000 439 0.2%
Mexico City Airport Trust 3.88% 04-30-2028 Callable 2028 1,350,000 1,437 0.6%
Mondelez International Inc. 3.25% 03-07-2025 Callable 2025 580,000 557 0.2%
Mondelez International Inc. 4.13% 05-07-2028 Callable 2028 150,000 194 0.1%
National Australia Bank Ltd. 2.00% 01-14-2019 500,000 657 0.3%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 163,625 214 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 110,000 136 0.1%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 240,000 290 0.1%
NMN Holdings III Corp. Term Loan 1st Lien F/R 10-26-2025 14,000 18 0.0%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 250,000 234 0.1%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 340,000 334 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 144A 120,000 135 0.1%
Ocean Bidco Inc. Term Loan B 1st Lien F/R 03-02-2025 108,350 143 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 159,200 212 0.1%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 277,500 371 0.2%
OFG Bancorp 17,000,000 3,517 1.5%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 109,450 145 0.1%
OZ Management LP Term Loan 1st Lien F/R 04-04-2023 192,000 254 0.1%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 180,000 233 0.1%
PepsiCo Inc. 2.50% 11-01-2022 150,000 264 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 587,000 135 0.1%
Petroleos Mexicanos 6.50% 01-23-2029 260,000 329 0.1%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 19,846 22 0.0%
Philip Morris International Inc. 1.375% 02-25-2019 500,000 655 0.3%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 [144A] 40,000 51 0.0%
Pisces Midco Inc. Term Loan B 1st Lien F/R 03-29-2025 239,400 314 0.1%
PLH Group Inc. Term Loan 1st Lien F/R 08-06-2023 132,943 174 0.1%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 178,200 235 0.1%
Polar US Borrower LLC Term Loan 1st Lien F/R 08-21-2025 160,000 210 0.1%
Polski Koncern Naftowy Orlen SA 323,000 425 0.2%
PowerShares Senior Loan Portfolio 39,949 1,210 0.5%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 398,000 528 0.2%
Province of Newfoundland 3.00% 06-02-2026 140,000 138 0.1%
Province of Newfoundland 3.70% 10-17-2048 80,000 82 0.0%
Province of Ontario 2.90% 06-02-2049 660,000 605 0.3%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 80,000 105 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 144A 115,000 123 0.1%
Queensland Treasury Corp. 2.75% 08-20-2027 6,800,000 6,210 2.7%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 119,700 158 0.1%
Rabobank Nederland of NY 2.50% 01-19-2021 250,000 322 0.1%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 300,000 371 0.2%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 269,775 357 0.2%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 145,000 198 0.1%
Reliance LP 3.813% 09-15-2020 150,000 151 0.1%
Reliance LP 3.84% 03-15-2025 Callable 2025 490,000 478 0.2%
Republic of Argentina 5.88% 01-11-2028 1,860,000 1,890 0.8%
Republic of Argentina 6.88% 01-11-2048 360,000 349 0.1%
Republic of Serbia 5.88% 12-03-2018 1,000,000 1,319 0.6%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 426,775 565 0.2%
Rite Aid Corp. 7.70% 02-15-2027 1,600,000 1,468 0.6%
Santander Consumer Bank AS F/R 03-30-2020 11,000,000 1,587 0.7%
Saputo Inc. 3.61% 08-14-2025 Callable 2025 340,000 335 0.1%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 155,631 207 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 661,572 627 0.3%
Sempra Energy 2.85% 11-15-2020 Callable 2020 250,000 324 0.1%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 66,000 87 0.0%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 210,000 313 0.1%
Sigma US Corp. Term Loan B 1st Lien F/R 03-06-2025 210,000 276 0.1%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 152,000 201 0.1%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 99,750 132 0.1%
SmarTone Telecommunications Holdings Ltd. 480,000 476 0.2%
SNC-Lavalin Group Inc. 3.24% 03-02-2023 Callable 2023 90,000 88 0.0%
Solenis International LP Term Loan 1st Lien F/R 12-18-2023 139,650 184 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 174,000 178 0.1%
Source Energy Services Ltd. 1,160 3 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 230,000 301 0.1%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 280,000 369 0.2%
SRS Distribution Inc. 8.25% 07-01-2026 Callable 2021 144A 61,000 75 0.0%
SRS Distribution Inc. Term Loan B 1st Lien F/R 05-17-2025 230,000 297 0.1%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 128,046 170 0.1%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 377,150 496 0.2%
Starfruit US Holdco LLC 8.00% 10-01-2026 Callable 2021 [144A] 50,000 64 0.0%
Stars Group Holdings BV 7.00% 07-15-2026 Callable 2021 144A 80,000 107 0.0%
State Bank of India 3.622% 04-17-2019 144A 200,000 263 0.1%
Stepstone Group LP Term Loan B 1st Lien F/R 03-19-2025 99,500 132 0.1%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 430,000 418 0.2%
Sunrun Inc. 163,000 213 0.1%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 130,000 171 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 800,000 1,000 0.4%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 89,550 119 0.1%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 430,000 427 0.2%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 144A 30,000 35 0.0%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 410,000 549 0.2%
Telefonica Emisiones SAU 3.987% 01-23-2023 300,000 508 0.2%
Telefonica Emisiones SAU 5.597% 03-12-2020 200,000 354 0.2%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 320,000 310 0.1%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 190,000 224 0.1%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 39,000 42 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 110,000 128 0.1%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 750,000 916 0.4%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 4,220,000 3,725 1.6%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 226,563 302 0.1%
The Southern Co. 2.15% 09-01-2019 Callable 2019 1,000,000 1,305 0.6%
The Toronto-Dominion Bank 3.01% 05-30-2023 410,000 407 0.2%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 200,000 193 0.1%
The Toronto-Dominion Bank F/R 09-14-2028 Callable 2023 570,000 562 0.2%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 180,000 198 0.1%
Titan Acquisition Ltd. Term Loan 1st Lien F/R 03-16-2025 298,650 372 0.2%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 250,000 244 0.1%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 230,000 230 0.1%
TransAlta Corp. Pfd. Series A 29,576 447 0.2%
TransCanada Corp. Pfd. Series 15 33,481 861 0.4%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 310,000 408 0.2%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 430,000 415 0.2%
TransCanada PipeLines Ltd. 3.80% 10-01-2020 500,000 663 0.3%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,620,000 1,502 0.6%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 120,000 159 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 4,975,000 4,635 2.0%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 207,375 274 0.1%
Uber Technologies Inc. Term Loan 1st Lien F/R 03-21-2025 309,225 407 0.2%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 811,392 1,070 0.5%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 230,000 299 0.1%
Ultra Resources Inc. 7.13% 04-15-2025 Callable 2020 144A 240,000 317 0.1%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 189,525 210 0.1%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 200,000 187 0.1%
United Kingdom Treasury 4.25% 12-07-2027 3,000,000 6,319 2.7%
United States Treasury Inflation Indexed 0.50% 01-15-2028 3,050,000 3,879 1.7%
United States Treasury Inflation Indexed 1.01% 02-15-2048 2,900,000 3,610 1.5%
Valeant Pharmaceuticals International Inc. Term Loan B 1st Lien F/R 05-28-2025 97,500 129 0.1%
VanEck Vectors Fallen Angel High Yield Bond ETF 11,424 424 0.2%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 840,000 805 0.3%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 100,000 132 0.1%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 89,775 119 0.1%
Vishay Intertechnology Inc. 80,000 99 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 169,150 223 0.1%
Vodafone Group PLC 3.75% 01-16-2024 180,000 232 0.1%
VVC Holding Corp. Term Loan 1st Lien F/R 07-03-2025 190,000 249 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 159,600 207 0.1%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 230,000 310 0.1%
Wells Fargo & Co. 7.98% 03-15-2018 300,000 399 0.2%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 250,000 321 0.1%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 185,000 251 0.1%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 280,000 345 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 271,470 363 0.2%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 237,000 313 0.1%
Total Investments -- 227,531 97.2%
Cash & Equivalents -- 7,769 3.3%
Currency Hedge Contracts -- 858 0.4%
Other Assets (Liabilities) -- -2,159 -0.9%
Total Net Assets -- 233,999 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of December 31, 2018
  • Regional Allocation
      United States
    32.4%
      Canada
    24.9%
      Other
    16.5%
      Australia
    7.9%
      United Kingdom
    5.5%
      Japan
    2.9%
      Norway
    2.7%
      Denmark
    2.0%
      Qatar
    1.8%
      Aruba
    1.5%
      Cash & Equivalents 1.9%
  • Sector Allocation
      Corporate Bonds 36.2%
      Foreign Fixed Income 33.7%
      Bank Loans 11.7%
      Mutual&Pooled 8.8%
      Other 6.1%
      Cash & Equivalents 1.9%
      Equities 1.4%
      Provincial Bonds 0.1%
      Federal Bonds 0.1%
Credit Allocation (%)
AAA 23.8%
AA 7.7%
A 17.8%
BBB 22.5%
BB 7.2%
B 12.7%
CCC & Below 1.7%
NR 3.2%
Cash & Equivalents 2%
Equities 1.5%

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

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).