Fund Portfolio – Mackenzie Global Tactical Investment Grade Bond Fund Series A MFC4804 MFC7242 MFC4805 | Mackenzie Investments

Mackenzie Global Tactical Investment Grade Bond Fund Series A

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of September 30, 2018
Major holdings represent 24.9% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
253
Holding name, country and sector Percentage of holding in fund
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
3.1%
Republic of Poland F/R 01-25-2026
Poland | Foreign Governments
3.0%
Mackenzie Global High Yield Fixed Income ETF
Canada | Exchange Traded Funds
2.7%
Government of Japan 0.10% 02-15-2019
Japan | Foreign Governments
2.7%
Mackenzie US Investment Grade Corporate Bond Index ETF
Canada | Exchange Traded Funds
2.6%
United Kingdom Treasury 4.25% 12-07-2027
United Kingdom | Foreign Governments
2.5%
United States Treasury 0.50% 01-15-2028 Inflation Indexed
United States | Foreign Governments
2.5%
Treasury Corp. of Victoria 3.00% 10-20-2028
Australia | Foreign Governments
2.4%
Government of Qatar 6.55% 04-09-2019
Qatar | Foreign Governments
1.8%
HSBC Holdings PLC 0.45% 09-24-2021
United Kingdom | Corporate - Non Convertible
1.6%

Complete Fund Holdings Help Full holdings list

As of July 31, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.60% 05-21-2047 Callable 150,000 148 0.2%
Adtalem Global Education Inc. Term Loan B 1st Lien F/R 04-09-2025 70,000 92 0.1%
African Development Bank F/R 02-24-2019 3,000,000 444 0.6%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 110,000 107 0.1%
Alera Group Intermediate Holdings Inc. Term Loan B 1st Lien F/R 07-27-2025 10,000 13 0.0%
Allied Properties Real Estate Investment Trust 3.93% 11-14-2022 117,000 118 0.2%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 100,000 100 0.1%
AltaGas Ltd. Pfd. Series K 4,774 121 0.2%
Amneal Pharmaceuticals LLC Term loan B 1st Lien F/R 03-23-2025 99,977 130 0.2%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 340,000 327 0.4%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 140,000 181 0.2%
Anheuser-Busch InBev Worldwide Inc. 2.50% 07-15-2022 175,000 220 0.3%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 500,000 643 0.9%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 120,000 147 0.2%
Argentine Bonos del Tesoro 21.20% 09-19-2018 3,400,000 157 0.2%
Asian Development Bank 5.90% 12-20-2022 18,330,000 330 0.5%
Asian Development Bank 6.00% 02-24-2021 18,500,000 342 0.5%
Asian Development Bank 6.45% 08-08-2021 9,950,000 185 0.3%
AT&T Inc. 3.825% 11-25-2020 890,000 908 1.2%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 39,900 52 0.1%
Aviva PLC 4.50% 05-10-2021 210,000 217 0.3%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 20,000 26 0.0%
Bank of America Corp. 3.228% 06-22-2022 100,000 100 0.1%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 180,000 179 0.2%
Bank of America Corp. 3.95% 04-21-2025 155,000 198 0.3%
Bank of America Corp. F/R 02-07-2022 Callable 2021 300,000 460 0.6%
Bank of America Corp. F/R 09-20-2025 Callable 2024 240,000 238 0.3%
Bank of Montreal 2.27% 07-11-2022 310,000 302 0.4%
Bank of Montreal 2.70% 09-11-2024 DPNT 50,000 49 0.1%
Bank of Montreal 3.32% 06-01-2026 50,000 50 0.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 170,000 207 0.3%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 190,000 186 0.3%
Bell Canada 3.60% 09-29-2027 Callable MTN 220,000 218 0.3%
BP Capital Markets PLC 3.47% 05-15-2025 210,000 210 0.3%
Brookfield Asset Management Inc. Pfd. Series 46 6,420 168 0.2%
Brookfield Asset Management Inc. Pfd. Series 48 4,370 112 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 440,000 430 0.6%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 50,000 50 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 8,666 218 0.3%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 270,000 264 0.4%
Bruce Power LP 3.97% 06-23-2026 170,000 174 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 100,000 130 0.2%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 100,000 99 0.1%
Canadian Western Bank 2.74% 06-16-2022 DPNT 80,000 79 0.1%
Canadian Western Bank 2.751% 06-29-2020 100,000 100 0.1%
Canadian Western Bank 2.92% 12-15-2022 180,000 177 0.2%
Cards II Trust 2.155% 10-15-2020 210,000 207 0.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 81,205 106 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 130,000 130 0.2%
Central 1 Credit Union 2.60% 11-07-2022 130,000 127 0.2%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 07-25-2025 20,000 26 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 100,000 131 0.2%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 200,000 199 0.3%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 60,000 60 0.1%
Choice Properties Real Estate Investment Trust 3.55% 01-10-2025 Callable 2024 110,000 109 0.1%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 240,000 241 0.3%
CI Financial Corp. 3.52% 07-20-2023 Callable 2023 80,000 80 0.1%
City of Oslo 2.35% 09-04-2024 6,000,000 959 1.3%
City of Oslo 3.65% 11-08-2023 1,000,000 171 0.2%
City of Stockholm F/R 02-15-2022 2,000,000 306 0.4%
Coca-Cola Femsa SAB de CV 2.375% 11-26-2018 150,000 195 0.3%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 400,000 525 0.7%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 108,625 136 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 350,000 493 0.7%
Coronado Australian Holdings Pty Ltd. Term Loan B 1st Lien F/R 03-21-2025 54,863 72 0.1%
Coronado Australian Holdings Pty Ltd. Term Loan C 1st Lien F/R 03-21-2025 15,000 20 0.0%
CU Inc. 3.964% 07-27-2045 Callable 10,000 11 0.0%
Currency Call Option CAD/AUD 09-18-2018 Strike $0.95 12,850,000 29 0.0%
Currency Call Option NOK/EUR 12-14-2018 Strike $9.30 4,070,000 29 0.0%
Currency Call Option SEK/GBP 08-07-2018 Strike $11.50 4,300,000 20 0.0%
Currency Call Option USD/EUR 09-14-2018 Strike $1.155 6,490,000 31 0.0%
Currency Call Option USD/EUR 15-08-2018 Strike $1.16 2,710,000 4 0.0%
Currency Call Option USD/INR 10-01-2018 Strike $71.00 4,051,600 11 0.0%
Currency Written Call Option CAD/AUD 09-18-2018 Strike $0.92 -12,850,000 -3 0.0%
Currency Written Call Option NOK/EUR 12-14-2018 Strike $8.90 -4,070,000 -3 0.0%
Currency Written Call Option USD/EUR 09-14-2018 Strike $1.115 -6,490,000 -3 0.0%
Danske Bank AS 2.75% 09-17-2020 200,000 257 0.4%
Danske Bank AS F/R 05-22-2020 2,000,000 300 0.4%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 49,875 65 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 300,000 296 0.4%
Eagle Credit Card Trust 2.63% 10-17-2022 70,000 69 0.1%
EmployBridge LLC Term Loan B 1st Lien F/R 04-10-2025 50,000 66 0.1%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 110,000 105 0.1%
Enbridge Inc. 4.57% 03-11-2044 160,000 160 0.2%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 720,000 683 0.9%
Enbridge Inc. F/R 04-12-2078 Callable 2028 240,000 247 0.3%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 190,000 190 0.3%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 150,000 152 0.2%
Energizer Holdings Inc. Bridge Loan Exp. 05-18-2019 80,000 0.0%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 50,000 65 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 130,000 127 0.2%
EPR Properties 4.95% 04-15-2028 Callable 2028 110,000 140 0.2%
European Bank for Reconstruction & Development 6.00% 05-04-2020 25,000,000 465 0.6%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 120,000 118 0.2%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 190,000 298 0.4%
Fortified Trust 1.67% 07-23-2021 240,000 232 0.3%
Fortified Trust 2.16% 10-23-2020 360,000 355 0.5%
Fresenius US Finance II Inc. 4.25% 02-01-2021 350,000 462 0.6%
Frontera Generation Holdings LLC. Term Loan B 1st Lien F/R 04-25-2025 50,000 65 0.1%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 49,375 62 0.1%
Futures Contracts -37 -0.1%
Gaz Metro Inc. 1.52% 05-25-2020 80,000 79 0.1%
General Electric Capital Corp. F/R 07-30-2019 2,000,000 298 0.4%
General Electric Co. 8.35% 09-03-2022 6,000,000 414 0.6%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 160,000 155 0.2%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 130,000 130 0.2%
Government of Aruba 6.50% 01-31-2029 500,000 649 0.9%
Government of Bermuda 4.138% 01-03-2023 450,000 593 0.8%
Government of Bermuda 4.854% 02-06-2024 700,000 947 1.3%
Government of Bermuda 5.60% 07-20-20 160,000 216 0.3%
Government of Cayman Islands 5.95% 11-24-2019 400,000 534 0.7%
Government of Ireland 1.00% 05-15-2026 325,000 509 0.7%
Government of Japan 0.10% 02-15-2019 170,000,000 1,980 2.7%
Government of Qatar 6.55% 04-09-2019 1,000,000 1,332 1.8%
Government of Russia 7.05% 01-19-2028 55,500,000 1,118 1.5%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 69,475 92 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 39,000 51 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 260,000 255 0.3%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 130,000 127 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 90,000 89 0.1%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 77,000 96 0.1%
Heartland Dental LLC Delay Draw Term Loan 1st Lien F/R 04-17-2025 16,957 22 0.0%
Heartland Dental LLC Term Loan 1st Lien F/R 04/17/2025 113,043 146 0.2%
Heathrow Funding Ltd. 3.25% 05-21-2025 200,000 199 0.3%
Heathrow Funding Ltd. 3.40% 03-08-2028 210,000 208 0.3%
Heathrow Funding Ltd. 4.875% 07-15-2021 225,000 304 0.4%
Hollis Receivables Term Trust II 1.788% 02-26-2020 380,000 375 0.5%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 79,800 104 0.1%
HSBC Bank Canada 2.54% 01-31-2023 210,000 205 0.3%
HSBC Bank Canada 3.25% 09-15-2023 160,000 160 0.2%
HSBC Holdings PLC 0.45% 09-24-2021 100,000,000 1,171 1.6%
Hub International Ltd. Term Loan B 1st Lien F/R 04-25-2025 30,000 39 0.1%
Hudson River Trading LLC Term Loan 1st Lien F/R 03-20-2025 69,825 91 0.1%
Hydro One Inc. 2.97% 06-26-2025 Callable 2025 60,000 59 0.1%
Hydro One Inc. 3.72% 11-18-2047 100,000 100 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 90,000 86 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 80,000 78 0.1%
International Finance Corp. 3.625% 05-20-2020 30,000 27 0.0%
International Finance Corp. 6.30% 11-25-2024 24,520,000 441 0.6%
International Finance Corp. 7.00% 07-20-2027 17,700,000 1,147 1.6%
International Finance Corp. 8.38% 05-31-2029 7,500,000 530 0.7%
International Textile Group Inc. Term Loan 1st Lien F/R 04-19-2024 90,000 118 0.2%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 80,000 105 0.1%
iShares 0-5 Year High Yield Corporate Bond ETF 590 36 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF 872 98 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 09-21-2018 287 5 0.0%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 70,000 69 0.1%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 40,000 53 0.1%
KFW 3.75% 05-29-2020 850,000 773 1.1%
Kommunalbanken AS F/R 05-26-2021 450,000 402 0.5%
Kraft Heinz Foods Co. 3.00% 06-01-2026 Callable 2026 350,000 417 0.6%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 40,000 40 0.1%
Laurentian Bank of Canada 3.00% 09-12-2022 280,000 275 0.4%
Laurentian Bank of Canada 3.45% 06-27-2023 70,000 69 0.1%
Laurentian Bank of Canada F/R 10-22-2019 190,000 190 0.3%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 83,962 111 0.2%
Mackenzie Floating Rate Income ETF 6,852 147 0.2%
Mackenzie Global High Yield Fixed Income ETF 100,000 1,957 2.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 18,618 1,821 2.5%
Manulife Bank of Canada 2.84% 01-12-2023 140,000 139 0.2%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 100,000 100 0.1%
Mastronardi Produce Ltd. Term Loan B 1st Lien F/R 04-18-2025 30,000 39 0.1%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 89,775 118 0.2%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 370,000 364 0.5%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 129,675 169 0.2%
Metro Inc. 3.39% 12-06-2027 Callable 2027 140,000 136 0.2%
Mexico City Airport Trust 3.88% 04-30-2028 Callable 2028 400,000 477 0.7%
Molson Coors International LP 2.25% 09-18-2018 280,000 280 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 740,000 714 1.0%
Mondelez International Inc. 3.25% 03-07-2025 Callable 2025 190,000 186 0.3%
Mondelez International Inc. 4.13% 05-07-2028 Callable 2028 60,000 78 0.1%
Morgan Stanley 3.00% 02-07-2024 340,000 333 0.5%
National Bank of Canada 1.96% 06-30-2022 40,000 39 0.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 48,750 63 0.1%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 40,000 50 0.1%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 80,000 100 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 180,000 171 0.2%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 110,000 111 0.2%
Nykredit Realkredit AS F/R 07-01-2019 4,000,000 595 0.8%
Ocean Bidco Inc. Term Loan B 1st Lien F/R 03-02-2025 39,700 52 0.1%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 49,875 65 0.1%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 85,500 114 0.2%
OMERS Realty Corp. 2.473% 11-12-2019 Callable 200,000 200 0.3%
Ontario Electricity Financial Corp. 0% 11-27-2020 330,000 312 0.4%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 39,900 52 0.1%
OZ Management LP Term Loan 1st Lien F/R 04-04-2023 64,000 84 0.1%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 10-11-2024 24,315 32 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 50,000 64 0.1%
PepsiCo Inc. 2.50% 11-01-2022 100,000 179 0.2%
Petroleos De Venezuela SA 6.00% 05-16-2024 167,000 48 0.1%
Pisces Midco Inc. Term Loan B 1st Lien F/R 03-29-2025 80,000 104 0.1%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 49,625 65 0.1%
PowerShares Senior Loan Portfolio 6,032 181 0.2%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 129,675 170 0.2%
Province of Newfoundland 3.00% 06-02-2026 30,000 30 0.0%
Province of Newfoundland 3.70% 10-17-2048 130,000 139 0.2%
Province of Ontario Canada 2.90% 06-02-2028 60,000 60 0.1%
Province Of Quebec 2.75% 09-01-2028 10,000 10 0.0%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 30,000 39 0.1%
Queensland Treasury Corp. 2.75% 08-20-2027 2,450,000 2,303 3.1%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 50,000 65 0.1%
Realkredit Danmark A/S F/R 10-01-2019 1,400,000 207 0.3%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 73,575 97 0.1%
Reliance LP 3.84% 03-15-2025 Callable 2025 160,000 158 0.2%
Republic of Argentina 4.63% 01-11-2023 160,000 187 0.3%
Republic of Argentina 6.88% 01-11-2048 70,000 72 0.1%
Republic of Poland F/R 01-25-2026 6,250,000 2,185 3.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 139,300 177 0.2%
Rite Aid Corp. 7.70% 02-15-2027 250,000 285 0.4%
Rogers Communications Inc. 4.00% 06-06-2022 700,000 724 1.0%
Royal Bank of Canada 2.36% 12-05-2022 150,000 146 0.2%
Royal Bank of Canada 2.95% 05-01-2023 190,000 189 0.3%
Santander Consumer Bank AS F/R 03-30-2020 3,000,000 446 0.6%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 198,062 190 0.3%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 70,000 105 0.1%
Sigma US Corp. Term Loan B 1st Lien F/R 03-06-2025 70,000 91 0.1%
SNC-Lavalin Group Inc. 3.24% 03-02-2023 Callable 2023 120,000 119 0.2%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 216,000 233 0.3%
Source Energy Services Ltd. 2,006 11 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 80,000 104 0.1%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 49,875 65 0.1%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 99,500 128 0.2%
Stars Group Inc. Bridge Loan 10-19-2018 100,000 0.0%
Stepstone Group LP Term Loan B 1st Lien F/R 03-19-2025 39,900 52 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 210,000 211 0.3%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 130,000 128 0.2%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 445,000 555 0.8%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 30,000 34 0.0%
Telefonica Emisiones SAU 3.987% 01-23-2023 100,000 175 0.2%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 110,000 109 0.1%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 50,000 61 0.1%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 5,000 6 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 40,000 47 0.1%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 210,000 248 0.3%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 300,000 293 0.4%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 380,000 348 0.5%
The Goldman Sachs Group Inc. F/R 10-28-2027 Callable 2026 700,000 937 1.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 70,000 64 0.1%
The Korea Development Bank 5.13% 11-13-2020 400,000 369 0.5%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 290,000 275 0.4%
The Toronto-Dominion Bank 3.01% 05-30-2023 140,000 140 0.2%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 70,000 68 0.1%
Thomson Reuters Corp. 4.35% 09-30-2020 700,000 723 1.0%
Thomson Reuters Corp. Bridge Loan 02-06-2019 830,000 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 120,000 140 0.2%
Titan Acquisition Ltd. Term Loan 1st Lien F/R 03-16-2025 79,800 102 0.1%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 70,000 69 0.1%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 80,000 81 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 120,000 127 0.2%
TransAlta Corp. Pfd. Series A 7,204 108 0.1%
TransCanada Corp. Pfd. Series 15 12,050 311 0.4%
TransCanada Pipelines Ltd. 3.125% 01-15-2019 80,000 104 0.1%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 MTN 450,000 449 0.6%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 300,000 296 0.4%
TransCanada Trust F/R 05-18-2077 Callable 2027 260,000 248 0.3%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 60,000 60 0.1%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 30,000 39 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 1,800,000 1,738 2.4%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 69,563 91 0.1%
Uber Technologies Inc. Term Loan 1st Lien F/R 03-21-2025 110,000 144 0.2%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 137,424 180 0.2%
United Kingdom Treasury 4.25% 12-07-2027 850,000 1,822 2.5%
United States Treasury Inflation Indexed 0.50% 01-15-2028 1,400,000 1,795 2.5%
VanEck Vectors Fallen Angel High Yield Bond ETF 1,725 65 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 545,000 527 0.7%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 59,850 78 0.1%
Vodafone Group PLC 3.75% 01-16-2024 60,000 78 0.1%
Volkswagen Financial Services NV 1.75% 04-17-2020 200,000 342 0.5%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 60,000 77 0.1%
Wells Fargo & Co. 2.09% 04-25-2022 700,000 675 0.9%
Wells Fargo & Co. 2.222% 03-15-2021 400,000 393 0.5%
Wells Fargo & Co. 2.98% 05-19-2026 400,000 380 0.5%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 90,000 116 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 50,000 68 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 68,392 90 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 79,500 104 0.1%
Total Investments -- 70,898 96.6%
Cash & Equivalents -- 2,505 3.7%
Currency Hedge Contracts -- -49 -0.1%
Other Assets (Liabilities) -- -121 -0.2%
Total Net Assets -- 73,233 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of September 30, 2018
  • Regional Allocation
      Canada
    28.7%
      United States
    24.0%
      Other
    13.7%
      Australia
    8.7%
      United Kingdom
    6.3%
      Germany
    3.3%
      Poland
    3.0%
      Norway
    2.7%
      Japan
    2.7%
      Bermuda
    2.2%
      Cash & Equivalents 4.7%
  • Sector Allocation
      Corporate Bonds 45.1%
      Foreign Fixed Income 30.9%
      Bank Loans 6.3%
      Mutual&Pooled 6%
      Cash & Equivalents 4.7%
      Other 4%
      Equities 1.5%
      Provincial Bonds 1%
      Exchange Traded Funds 0.5%
Credit Allocation (%)
AAA 20.4%
AA 11%
A 26.4%
BBB 23.6%
BB 3%
B 7%
CCC & Below 1.3%
NR 0.8%
Cash & Equivalents 5%
Equities 1.5%

Other Global Fixed Income Funds

Portfolio Managers

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

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).