Fund Portfolio – Mackenzie Global Tactical Bond Fund Series FB5 MFC4989 | Mackenzie Investments

Mackenzie Global Tactical Bond Fund Series FB5

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of June 30, 2018
Major holdings represent 28.4% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
321
Holding name, country and sector Percentage of holding in fund
Mackenzie Global High Yield Fixed Income ETF
Canada | Index Participation Units
6.9%
International Finance Corp. 7.00% 07-20-2027
United States | Supra - National
3.8%
Government of Bermuda 3.72% 01-25-2027 Callable 2026
Bermuda | Foreign Governments
2.7%
United Kingdom Treasury 4.25% 12-07-2027
United Kingdom | Foreign Governments
2.5%
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
2.4%
Government of Japan 0.10% 02-15-2019
Japan | Foreign Governments
2.2%
United States Treasury Inflation Indexed 0.50% 01-15-2028
United States | Foreign Governments
2.1%
Republic of Poland F/R 01-25-2026
Poland | Foreign Governments
2.1%
Mackenzie US Investment Grade Corporate Bond Index ETF
Canada | Index Participation Units
2.0%
Russian Federal Bond - OFZ 7.05% 01-19-2028
Russia | Foreign Governments
1.8%

Complete Fund Holdings Help Full holdings list

As of April 30, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.60% 05-21-2047 Callable 540,000 534 0.2%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 210,000 271 0.1%
African Development Bank F/R 02-24-2019 4,000,000 587 0.2%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 350,000 343 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,100,000 1,157 0.4%
Alibaba Group Holding Ltd. 3.40% 12-06-2027 Callable 2027 310,000 374 0.1%
Allied Properties Real Estate Investment Trust 3.93% 11-14-2022 404,000 409 0.1%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 370,000 370 0.1%
AltaGas Ltd. Pfd. Series K 17,174 431 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 764,000 772 0.3%
Amneal Pharmaceuticals LLC Term loan B 1st Lien F/R 03-23-2025 280,000 362 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,360,000 1,316 0.5%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 610,000 778 0.3%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 330,000 423 0.1%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 450,000 541 0.2%
Argentine Bonos del Tesoro 21.20% 09-19-2018 27,000,000 1,664 0.6%
Asian Development Bank 5.90% 12-20-2022 69,970,000 1,315 0.5%
Asian Development Bank 6.00% 02-24-2021 55,000,000 1,047 0.4%
Asian Development Bank 6.45% 08-08-2021 41,430,000 798 0.3%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 210,000 243 0.1%
AT&T Inc. 2.30% 03-11-2019 500,000 640 0.2%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 120,000 156 0.1%
Australia and New Zealand Banking Group Ltd. 2.00% 11-16-2018 500,000 640 0.2%
Aviva PLC 4.50% 05-10-2021 750,000 780 0.3%
Bank of America Corp. 3.228% 06-22-2022 390,000 394 0.1%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 490,000 491 0.2%
Bank of America Corp. F/R 02-07-2022 Callable 2021 1,100,000 1,723 0.6%
Bank of America Corp. F/R 09-20-2025 Callable 2024 730,000 728 0.3%
Bank of Montreal 1.80% 07-31-2018 400,000 513 0.2%
Bank of Montreal 2.70% 09-11-2024 DPNT 210,000 206 0.1%
Bank of Montreal 3.32% 06-01-2026 170,000 172 0.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 530,000 640 0.2%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 540,000 532 0.2%
Bell Canada 3.60% 09-29-2027 Callable MTN 1,040,000 1,038 0.4%
BK Nederlandse Gemeenten NV 2.125% 02-13-2019 5,500,000 820 0.3%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 350,000 451 0.2%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 585,000 2,190 0.8%
Brookfield Asset Management Inc. Pfd. Series 46 19,887 515 0.2%
Brookfield Asset Management Inc. Pfd. Series 48 14,918 383 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 620,000 607 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 200,000 202 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 31,771 795 0.3%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 620,000 609 0.2%
Bruce Power LP 3.97% 06-23-2026 510,000 524 0.2%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 600,000 740 0.3%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 443,284 574 0.2%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 436,700 568 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 380,000 483 0.2%
Canadian Credit Card Trust II 1.829% 03-24-2020 280,000 277 0.1%
Canadian Imperial Bank of Commerce 2.30% 07-11-2022 DPNT 350,000 343 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 60,000 61 0.0%
Canadian Imperial Bank of Commerce F/R 04-04-2028 Callable 2023 510,000 510 0.2%
Canadian National Railway Co. 2.85% 12-15-2021 Callable 2021 250,000 318 0.1%
Canadian Western Bank 2.74% 06-16-2022 DPNT 340,000 335 0.1%
Canadian Western Bank 2.92% 12-15-2022 560,000 554 0.2%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 1,180,000 1,189 0.4%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 340,000 436 0.2%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 419,250 541 0.2%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 360,000 361 0.1%
Central 1 Credit Union 2.60% 11-07-2022 440,000 431 0.1%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 580,000 580 0.2%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 170,000 172 0.1%
Chassix Inc. Term Loan B 1st Lien F/R 11-10-2023 269,325 349 0.1%
Choice Properties Real Estate Investment Trust 3.55% 01-10-2025 Callable 2024 370,000 367 0.1%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 720,000 723 0.2%
City of Oslo 2.35% 09-04-2024 26,000,000 4,166 1.4%
Coca-Cola Femsa SAB de CV 2.375% 11-26-2018 780,000 1,000 0.3%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 700,000 910 0.3%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 445,500 557 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 1,720,000 2,282 0.8%
Commonwealth of Bahamas 6.95% 11-20-2029 160,000 227 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 608,257 755 0.3%
Cooperatieve Rabobank UA F/R 11-27-2019 5,000,000 734 0.3%
Coronado Australian Holdings Pty Ltd. Term Loan B 1st Lien F/R 03-21-2025 165,000 212 0.1%
Coronado Australian Holdings Pty Ltd. Term Loan C 1st Lien F/R 03-21-2025 45,000 58 0.0%
Corp Nacional del Cobre de Chile 4.50% 09-16-2025 930,000 1,223 0.4%
Corporacion Andina de Fomento 2.00% 05-10-2019 500,000 637 0.2%
CSC Holdings LLC Term Loan B 1st Lien F/R 01-12-2026 140,000 180 0.1%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 578,094 746 0.3%
CU Inc. 3.964% 07-27-2045 Callable 40,000 42 0.0%
Currency Call Option CAD/EUR 06-08-2018 Strike $1.54 20,700,000 172 0.1%
Currency Call Option CAD/USD 06-01-2018 Strike $1.27 19,700,000 98 0.0%
Currency Call Option USD/EUR 07-13-2018 Strike $1.20 26,500,000 242 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 500,000 634 0.2%
Danske Bank AS F/R 05-22-2020 4,500,000 671 0.2%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 705,771 916 0.3%
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 150,000 203 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 140,000 181 0.1%
Eagle Credit Card Trust 2.63% 10-17-2022 250,000 247 0.1%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 458,150 593 0.2%
EmployBridge LLC Term Loan B 1st Lien F/R 04-10-2025 150,000 195 0.1%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 460,000 432 0.1%
Enbridge Inc. 4.00% 10-01-2023 Callable 2023 250,000 322 0.1%
Enbridge Inc. 4.57% 03-11-2044 650,000 632 0.2%
Enbridge Inc. 4.77% 09-02-2019 Callable 1,000,000 1,030 0.4%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 2,580,000 2,417 0.8%
Enbridge Inc. F/R 04-12-2078 Callable 2028 690,000 700 0.2%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 750,000 753 0.3%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 570,000 578 0.2%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 120,000 153 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 450,000 440 0.2%
EPR Properties 4.95% 04-15-2028 Callable 2028 320,000 399 0.1%
European Bank for Reconstruction & Development 6.00% 05-04-2020 105,000,000 2,011 0.7%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 450,000 581 0.2%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 430,000 421 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 670,000 1,053 0.4%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 580,000 567 0.2%
Federative Republic of Brazil 5.63% 02-21-2047 1,950,000 2,363 0.8%
Fortified Trust 1.67% 07-23-2021 790,000 765 0.3%
Fortified Trust 2.16% 10-23-2020 1,280,000 1,268 0.4%
Frontera Generation Holdings LLC. Term Loan B 1st Lien F/R 04-25-2025 120,000 155 0.1%
Futures Contracts -43 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 200,000 255 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 280,000 275 0.1%
General Electric Capital Corp. F/R 07-30-2019 16,000,000 2,368 0.8%
General Electric Co. 8.35% 09-03-2022 19,000,000 1,308 0.5%
General Motors Financial Co. Inc. 2.40% 05-09-2019 Callable 2019 500,000 639 0.2%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 630,000 612 0.2%
Genesis Trust II 1.699% 04-15-2020 430,000 424 0.1%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 460,000 463 0.2%
Government of Aruba 4.625% 09-14-2023 900,000 1,201 0.4%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 5,780,000 7,173 2.5%
Government of Canada 0.50% 03-01-2022 520,000 490 0.2%
Government of Canada 1.50% 06-01-2023 200,000 194 0.1%
Government of Canada 2.50% 06-01-2024 670,000 682 0.2%
Government of Canada 2.75% 12-01-2048 280,000 301 0.1%
Government of Canada 3.25% 06-01-2021 410,000 425 0.1%
Government of Cayman Islands 5.95% 11-24-2019 144A 950,000 1,281 0.4%
Government of Dominican Republic 7.50% 05-06-2021 1,960,000 2,670 0.9%
Government of Germany 0.50% 02-15-2028 970,000 1,377 0.5%
Government of Ireland 1.00% 05-15-2026 1,000,000 1,592 0.5%
Government of Japan 0.10% 02-15-2019 500,000,000 5,885 2.0%
Government of Qatar 6.55% 04-09-2019 2,800,000 3,721 1.3%
Government of Russia 7.05% 01-19-2028 172,500,000 3,500 1.2%
Government of Trinidad and Tobago 4.50% 08-04-2026 730,000 941 0.3%
Government of Turkey 11.00% 02-24-2027 10,550,000 3,113 1.1%
Government of Turkey 9.40% 07-08-2020 8,500,000 2,467 0.9%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 258,700 337 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 148,125 192 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 940,000 923 0.3%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 460,000 451 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 280,000 278 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 231,000 298 0.1%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 45,652 59 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04/17/2025 304,348 393 0.1%
Heathrow Funding Ltd. 3.40% 03-08-2028 650,000 649 0.2%
Heathrow Funding Ltd. 4.00% 07-03-2019 3,200,000 3,263 1.1%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 230,000 298 0.1%
HSBC Holdings PLC 0.45% 09-24-2021 200,000,000 2,368 0.8%
Hub International Ltd. 7.00% 05-01-2026 Callable 2021 144A 190,000 245 0.1%
Hub International Ltd. Term Loan B 1st Lien F/R 04-25-2025 100,000 129 0.0%
Hudson River Trading LLC Term Loan 1st Lien F/R 03-20-2025 190,000 246 0.1%
Hydro One Inc. 3.72% 11-18-2047 300,000 301 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 404,250 524 0.2%
I-Logic Technologies Bidco Ltd. Term Loan B 1st Lien F/R 12-20-2024 179,550 232 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 350,000 336 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 340,000 332 0.1%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 03-01-2024 389,500 504 0.2%
International Finance Corp. 6.30% 11-25-2024 128,580,000 2,451 0.8%
International Finance Corp. 7.00% 07-20-2027 163,800,000 10,653 3.7%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 260,000 336 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 355,087 459 0.2%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 220,000 279 0.1%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 80,000 101 0.0%
KEMET Corp. Term Loan B 1st Lien F/R 04-26-2024 548,625 718 0.2%
Kommunalbanken AS F/R 05-26-2021 1,700,000 1,546 0.5%
Kommuninvest I Sverige AB 2.50% 12-01-2020 6,000,000 941 0.3%
Kraft Heinz Foods Co. 3.00% 06-01-2026 Callable 2026 1,250,000 1,459 0.5%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 100,000 102 0.0%
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 224,474 290 0.1%
Laurentian Bank of Canada F/R 10-22-2019 560,000 561 0.2%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 1,027,246 1,335 0.5%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 296,692 389 0.1%
Mackenzie Global High Yield Fixed Income ETF 950,000 18,620 6.4%
Mackenzie Unconstrained Fixed Income Fund Series R 169,045 1,694 0.6%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 54,715 5,317 1.8%
Manulife Bank of Canada 2.08% 05-26-2022 950,000 922 0.3%
Manulife Bank of Canada 2.84% 01-12-2023 420,000 419 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 1,030,000 1,008 0.3%
Mastronardi Produce Ltd. Term Loan B 1st Lien F/R 04-18-2025 100,000 129 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 180,000 183 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 120,000 154 0.1%
McAfee LLC Term Loan B 1st Lien F/R 09-30-2024 437,800 570 0.2%
McDermott Escrow 1 Inc. 10.63% 05-01-2024 Callable 2021 144A 380,000 494 0.2%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 270,000 345 0.1%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 1,340,000 1,327 0.5%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 400,000 518 0.2%
Metro Inc. 2.68% 12-05-2022 Callable 2022 220,000 217 0.1%
Metro Inc. 3.39% 12-06-2027 Callable 2027 460,000 448 0.2%
Mexico City Airport Trust 3.88% 04-30-2028 Callable 2028 1,350,000 1,560 0.5%
Mitsubishi UFJ Financial Group Inc. 2.67% 07-25-2022 1,300,000 1,614 0.6%
Mizuho Financial Group Inc. F/R 09-11-2022 1,350,000 1,752 0.6%
Molson Coors International LP 2.25% 09-18-2018 1,030,000 1,031 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 2,450,000 2,389 0.8%
Mondelez International Inc. 3.25% 03-07-2025 Callable 2025 580,000 573 0.2%
Morgan Stanley 3.00% 02-07-2024 1,340,000 1,319 0.5%
National Australia Bank Ltd. 2.00% 01-14-2019 500,000 640 0.2%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 167,875 215 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 110,000 137 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 240,000 303 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 250,000 237 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 144A 120,000 142 0.0%
Ocean Bidco Inc. Term Loan B 1st Lien F/R 03-02-2025 110,000 142 0.0%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 160,000 208 0.1%
Odebrecht Finance Ltd. 5.25% 06-27-2029 250,000 85 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 292,500 384 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,210,000 1,211 0.4%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 710,000 708 0.2%
OPB Finance Trust 2.98% 01-25-2027 720,000 715 0.2%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 110,000 143 0.0%
OZ Management LP Term Loan 1st Lien F/R 04-04-2023 240,000 310 0.1%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 10-11-2024 585,034 758 0.3%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 180,000 232 0.1%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 1,127,000 1,101 0.4%
PepsiCo Inc. 2.50% 11-01-2022 150,000 279 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 587,000 192 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 20,000 19 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 9,923 10 0.0%
Philip Morris International Inc. 1.375% 02-25-2019 500,000 636 0.2%
Pisces Midco Inc. Term Loan B 1st Lien F/R 03-29-2025 240,000 312 0.1%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 179,100 230 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 400,000 518 0.2%
Province of Newfoundland 3.70% 10-17-2048 390,000 413 0.1%
Province of Ontario 2.40% 06-02-2026 120,000 116 0.0%
Province of Ontario 2.60% 09-08-2023 190,000 190 0.1%
Province of Ontario 2.80% 06-02-2048 360,000 334 0.1%
Province of Ontario 2.90% 06-02-2049 1,460,000 1,383 0.5%
Province of Ontario Canada 2.90% 06-02-2028 20,000 20 0.0%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 80,000 104 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 249,375 322 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 115,000 125 0.0%
Queensland Treasury Corp. 2.75% 08-20-2027 6,800,000 6,344 2.2%
Rabobank Nederland of NY 2.50% 01-19-2021 250,000 316 0.1%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 300,000 392 0.1%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 328,350 427 0.1%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 145,000 194 0.1%
Reliance LP 3.813% 09-15-2020 150,000 153 0.1%
Reliance LP 3.84% 03-15-2025 Callable 2025 490,000 484 0.2%
Republic of Argentina 4.63% 01-11-2023 940,000 1,165 0.4%
Republic of Argentina 5.88% 01-11-2028 1,860,000 2,193 0.8%
Republic of Argentina 6.88% 01-11-2048 360,000 412 0.1%
Republic of Poland F/R 01-25-2026 24,300,000 8,767 3.0%
Republic of Serbia 5.88% 12-03-2018 1,000,000 1,305 0.5%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 428,925 541 0.2%
Rite Aid Corp. 7.70% 02-15-2027 1,600,000 1,791 0.6%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 120,000 116 0.0%
Royal Bank of Canada 2.36% 12-05-2022 470,000 461 0.2%
Royal Bank of Canada 2.95% 05-01-2023 1,340,000 1,343 0.5%
Santander Consumer Bank AS 0.88% 06-12-2018 11,000,000 1,615 0.6%
Santander Consumer Bank AS F/R 03-30-2020 11,000,000 1,622 0.6%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 684,214 656 0.2%
Sempra Energy 2.85% 11-15-2020 Callable 2020 250,000 318 0.1%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 210,000 324 0.1%
Sigma US Corp. Term Loan B 1st Lien F/R 03-06-2025 210,000 271 0.1%
SNC-Lavalin Group Inc. 2.69% 11-24-2020 140,000 140 0.0%
SNC-Lavalin Group Inc. 3.24% 03-02-2023 Callable 2023 360,000 360 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 124,000 136 0.0%
Source Energy Services Ltd. 1,160 6 0.0%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 280,000 363 0.1%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 130,000 169 0.1%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 379,050 482 0.2%
State Bank of India 3.622% 04-17-2019 144A 200,000 257 0.1%
Stepstone Group LP Term Loan B 1st Lien F/R 03-19-2025 100,000 129 0.0%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 430,000 424 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 800,000 991 0.3%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 90,000 117 0.0%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 144A 40,000 45 0.0%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 400,000 492 0.2%
Telefonica Emisiones SAU 3.987% 01-23-2023 300,000 540 0.2%
Telefonica Emisiones SAU 5.597% 03-12-2020 200,000 381 0.1%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 320,000 318 0.1%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 190,000 229 0.1%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 149,000 153 0.1%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 750,000 911 0.3%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 4,220,000 3,944 1.4%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 242,188 314 0.1%
The Southern Co. 2.15% 09-01-2019 Callable 2019 1,000,000 1,270 0.4%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 200,000 197 0.1%
Thomson Reuters Corp. Bridge Loan 02-06-2019 2,300,000 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 350,000 448 0.2%
Titan Acquisition Ltd. Term Loan 1st Lien F/R 03-16-2025 240,000 309 0.1%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 450,000 444 0.2%
TransAlta Corp. Pfd. Series A 29,576 430 0.1%
TransCanada Corp. Pfd. Series 15 33,481 867 0.3%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 310,000 399 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 860,000 855 0.3%
TransCanada PipeLines Ltd. 3.80% 10-01-2020 500,000 652 0.2%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,000,000 966 0.3%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 120,000 155 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 4,975,000 4,744 1.6%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 210,000 272 0.1%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-30-2023 1,346,591 1,743 0.6%
TricorBraun Inc. (KRAIND) Term Loan Delayed Draw 1st Lien F/R 11-28-2023 135,682 176 0.1%
Uber Technologies Inc. Term Loan 1st Lien F/R 03-21-2025 310,000 403 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 815,531 1,057 0.4%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 200,000 196 0.1%
United Kingdom Treasury 4.25% 12-07-2027 3,000,000 6,652 2.3%
United States Treasury 2.25% 11-15-2025 100,000 123 0.0%
United States Treasury Inflation Indexed 0.13% 01-15-2023 2,100,000 2,843 1.0%
United States Treasury Inflation Indexed 0.89% 02-15-2047 3,975,000 5,231 1.8%
United States Treasury Inflation Indexed 2.00% 01-15-2026 2,220,000 3,924 1.4%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 840,000 816 0.3%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 170,000 220 0.1%
VRX Escrow Corp. 4.50% 05-15-2023 Callable 2020 144A 1,250,000 1,769 0.6%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 160,000 200 0.1%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 230,000 303 0.1%
Wells Fargo & Co. 2.98% 05-19-2026 1,700,000 1,625 0.6%
Wells Fargo & Co. 7.98% 03-15-2018 300,000 391 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 250,000 315 0.1%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 185,000 247 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 275,668 358 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 240,000 312 0.1%
Total Investments -- 290,406 100.3%
Cash & Equivalents -- 1,813 0.6%
Currency Hedge Contracts -- -295 -0.1%
Other Assets (Liabilities) -- -2,397 -0.8%
Total Net Assets -- 289,527 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of June 30, 2018
  • Regional Allocation
      United States
    31.9%
      Canada
    26.6%
      Other
    16.0%
      United Kingdom
    6.4%
      Australia
    5.3%
      Bermuda
    3.5%
      Norway
    2.8%
      Japan
    2.2%
      Poland
    2.1%
      Russia
    1.8%
      Cash & Equivalents 1.4%
  • Sector Allocation
      Corporate Bonds 36%
      Foreign Fixed Income 30.9%
      Bank Loans 12.7%
      Mutual&Pooled 10.8%
      Other 6.7%
      Cash & Equivalents 1.4%
      Equities 1.3%
      Provincial Bonds 0.2%
Credit Allocation (%)
AAA 17%
AA 7.3%
A 22.9%
BBB 19.1%
BB 11.2%
B 15.3%
CCC & Below 2.3%
NR 1.6%
Cash & Equivalents 2%
Equities 1.3%

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).