Fund Portfolio – Mackenzie Income Fund Series B MFC732 MFC832 MFC7039 MFC3187 | Mackenzie Investments

Mackenzie Income Fund Series B

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2017
Major holdings represent 15.3% of the fund.
View all holdings
Total # of
Equity Holdings
134
Total # of
Fixed Income Holdings
371
Holding name, country and sector Percentage of holding in fund
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.7%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
2.1%
Province of Ontario 2.80% 06-02-2048
Canada | Provincial Governments
2.0%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.9%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
1.8%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.1%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.1%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.0%
Royal Bank of Canada
Canada | Diversified Banks
0.9%
Bank of Montreal
Canada | Diversified Banks
0.8%

Complete Fund Holdings Help Full holdings list

As of May 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 8,000 2,209 0.2%
407 International Inc. 3.43% 06-01-2033 MTN 2,520,000 2,658 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,642 0.1%
Abbott Laboratories 24,000 1,480 0.1%
AbbVie Inc. 26,300 2,345 0.2%
Access Justice Durham 5.015% 08-31-2039 3,590,533 4,245 0.3%
Admiral Group PLC 61,437 2,178 0.2%
Agrium Inc. 21,750 2,715 0.2%
Air Liquide SA 19,818 3,263 0.3%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,958 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 570,000 629 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 8,870,000 9,276 0.8%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 2,010,000 2,134 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 72,000 4,499 0.4%
Allergan PLC 10,000 3,022 0.2%
Allied Properties Real Estate Investment Trust 49,014 1,875 0.2%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 2,080,000 2,096 0.2%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,310,000 1,367 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 1,179,000 1,241 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 2,100,000 2,240 0.2%
AltaGas Ltd. Pfd. Series K 100,797 2,595 0.2%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 1,665,000 1,751 0.1%
Altria Group Inc. 24,629 2,510 0.2%
AMS FinCo SARL Term Loan 1st Lien F/R 05-17-2024 370,000 498 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 2,220,000 2,252 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 2,010,000 2,802 0.2%
Anheuser-Busch InBev NV 9,600 1,513 0.1%
Apple Inc. 14,700 3,033 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,990,000 2,794 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 2,200,000 2,302 0.2%
ARC Resources Ltd. 174,767 2,948 0.2%
Artis Real Estate Investment Trust 3.753% 03-27-2019 1,310,000 1,337 0.1%
Ascend Learning LLC Bridge Loan 10-18-2017 1L Sr. Secd 480,000 0.0%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 1,230,000 1,629 0.1%
ASP AMC Merger Sub Inc. Term Loan 1st Lien F/R 04-13-2024 688,408 926 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 497,500 678 0.1%
Atlantia SPA 70,300 2,643 0.2%
Atlas Copco AB A 44,100 2,204 0.2%
Aviva PLC 4.50% 05-10-2021 1,120,000 1,210 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 536 0.0%
Bank of America Corp. F/R 03-15-2023 Callable 2022 3,670,000 3,737 0.3%
Bank of Montreal 93,719 8,498 0.7%
Bank of Montreal 1.61% 10-28-2021 DPNT 5,450,000 5,432 0.4%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,440,000 1,455 0.1%
Bank of Montreal 3.32% 06-01-2026 3,790,000 3,940 0.3%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 3,780,000 3,925 0.3%
Bank of Montreal F/R 06-01-2027 Callable 2022 3,530,000 3,541 0.3%
Bank of Nova Scotia 1.83% 04-27-2022 4,610,000 4,616 0.4%
Barrick Gold Corp. 68,179 1,523 0.1%
Bayer AG 16,400 2,939 0.2%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 1,310,000 1,367 0.1%
Becton, Dickinson and Co. 13,155 3,362 0.3%
Bell Canada 2.70% 02-27-2024 Callable 1,290,000 1,316 0.1%
Bell Canada 4.45% 02-27-2047 Callable 3,210,000 3,367 0.3%
BM&FBOVESPA SA 201,439 1,549 0.1%
British American Tobacco PLC 40,000 3,850 0.3%
Broadcom Ltd. 12,300 3,979 0.3%
Brookfield Asset Management Inc. 3.95% 04-09-2019 3,800,000 3,966 0.3%
Brookfield Asset Management Inc. Class A limited voting 127,195 6,505 0.5%
Brookfield Asset Management Inc. Pfd. Series 46 78,301 2,040 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,780,000 1,854 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 4,620,000 4,912 0.4%
Brookfield Renewable Partners LP Pfd. Series 11 113,781 2,859 0.2%
Bruce Power LP 2.84% 06-23-2021 4,310,000 4,469 0.4%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 Series:17-1 2,330,000 2,413 0.2%
Bruce Power LP 3.97% 06-23-2026 770,000 839 0.1%
Bureau Veritas SA 51,100 1,582 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 5,370,000 5,448 0.4%
Cameco Corp. 5.67% 09-02-2019 Series D 2,600,000 2,779 0.2%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 1,273,600 1,731 0.1%
Canada Housing Trust 2.35% 06-15-2027 110,000 115 0.0%
Canada Housing Trust No. 1 2.35% 06-15-2027 760,000 790 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 1,226,135 1,239 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 1,242,080 1,245 0.1%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 2,090,000 2,104 0.2%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 2,000,000 2,024 0.2%
Canadian Imperial Bank of Commerce 2.04% 03-21-2022 1,010,000 1,023 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 5,760,000 5,992 0.5%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 750,000 767 0.1%
Canadian National Railway Co. 9,100 953 0.1%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 2,280,000 2,414 0.2%
Canadian National Railway Co. 3.95% 09-22-2045 Callable 2045 330,000 369 0.0%
Canadian Natural Resources Ltd. 127,074 4,948 0.4%
Canadian Pacific Railway Ltd. 32,868 7,025 0.6%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 1,380,000 1,394 0.1%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 980,000 1,047 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 15,459 2,377 0.2%
Canadian Utilities Ltd. Class A non-voting 27,657 1,131 0.1%
Cards II Trust 2.155% 10-15-2020 3,910,000 3,994 0.3%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 3,010,000 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 1,300,000 1,754 0.1%
Chemtrade Logistics Income Fund 123,227 2,179 0.2%
China Mobile Ltd. 121,500 1,821 0.1%
CHIP Mortgage Trust 2.33% 04-29-2020 750,000 747 0.1%
CHIP Mortgage Trust 2.98% 11-15-2021 840,000 844 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 4,240,000 4,578 0.4%
Cielo SA 112,171 1,068 0.1%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 744,375 1,014 0.1%
Citigroup Inc. 3.39% 11-18-2021 1,757,000 1,857 0.2%
CME Group Inc. 15,900 2,519 0.2%
Cogeco Communications Inc. 13,600 1,074 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,530,802 3,965 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 740,000 1,051 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 1,590,000 2,343 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 897,247 1,216 0.1%
Compagnie Financiere Richemont SA 19,000 2,141 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 467,596 632 0.1%
Corus Entertainment Inc. Class B non-voting 39,248 524 0.0%
Crescent Point Energy Corp. 249,868 2,928 0.2%
Croda International PLC 15,140 1,044 0.1%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 2,230,000 2,347 0.2%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 1,615,326 2,217 0.2%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,197 0.1%
Currency Put Option EUR/JPY 06-07-2017 Strike 118.00 17,900,000 0.0%
Daimler Canada Finance Inc. 1.57% 05-25-2020 Series EMTN 1,850,000 1,848 0.2%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 1,750,000 1,779 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 620,000 851 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 1,540,000 2,118 0.2%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 1,100,000 1,484 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 604,712 794 0.1%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 1,253,708 1,706 0.1%
Deutsche Boerse AG 31,200 4,378 0.4%
Diageo PLC 26,700 1,081 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 313 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 646 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 655 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 834,750 1,100 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 1,450,000 1,477 0.1%
Element Fleet Management Corp. 168,700 1,444 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 12,090 216 0.0%
Enbridge Inc. 4.24% 08-27-2042 3,320,000 3,324 0.3%
Endo International plc Term Loan B 1st Lien F/R 04-12-2024 260,000 356 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,869 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,810,000 1,901 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,140,000 1,216 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 2,540,000 2,695 0.2%
Fanuc Corp. 7,500 1,991 0.2%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 254,464 347 0.0%
Fortified Trust 1.67% 07-23-2021 2,350,000 2,357 0.2%
Fortis Inc. 94,780 4,215 0.3%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 1,340,000 1,392 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 510,000 497 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 1,170,425 1,162 0.1%
Futures Contracts -442 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 642,857 842 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-03-2024 3,459,000 4,190 0.3%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 740,000 1,014 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 820,000 824 0.1%
General Electric Co. 96,200 3,558 0.3%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 1,600,000 1,599 0.1%
Genesis Trust II 1.699% 04-15-2020 2,230,000 2,248 0.2%
Genesis Trust II 2.43% 05-15-2019 2,040,000 2,084 0.2%
Genworth MI Canada Inc. 39,200 1,199 0.1%
Gibson Energy Inc. 83,404 1,495 0.1%
Glacier Credit Card Trust 2.05% 09-20-2022 2,710,000 2,724 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 1,520,000 1,920 0.2%
Goldcorp Inc. 201,924 3,709 0.3%
Government of Canada 1.25% 12-01-2047 Real Return 13,310,000 17,116 1.4%
Government of Canada 2.75% 12-01-2048 8,670,000 10,072 0.8%
Government of Canada 3.50% 06-01-2020 1,480,000 1,600 0.1%
Government of Canada 3.50% 12-01-2045 17,290,000 22,536 1.9%
Government of Canada 4.00% 12-01-2031 Real Return 1,660,000 3,620 0.3%
Government of Portugal 5.125% 10-15-2024 3,690,000 5,077 0.4%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 1,470,000 1,531 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 3,010,000 3,125 0.3%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 1,718,728 2,287 0.2%
H&R Real Estate Investment Trust 65,855 1,509 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,590,000 1,604 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,990,000 2,023 0.2%
Hang Lung Properties Ltd. 727,000 2,539 0.2%
Harley-Davidson Inc. 22,400 1,604 0.1%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 1,390,000 1,457 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,190,000 2,331 0.2%
Heineken Holding NV A 21,900 2,750 0.2%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 964,286 1,313 0.1%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 385,714 525 0.0%
Hollis Receivables Term Trust II 1.788% 02-26-2020 2,530,000 2,555 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 3,530,000 3,609 0.3%
Honda Canada Finance Inc. 2.27% 07-15-2022 2,820,000 2,875 0.2%
Honeywell International Inc. 11,800 2,120 0.2%
HSBC Bank Canada 2.449% 01-29-2021 1,060,000 1,089 0.1%
HSBC Holdings PLC 252,800 2,972 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,792 0.2%
Hydro One Inc. 3.72% 11-18-2047 2,500,000 2,625 0.2%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 1,760,000 1,902 0.2%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,300,000 1,946 0.2%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 1,070,000 1,457 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 940,000 957 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 1,070,000 1,451 0.1%
Intact Financial Corp. 28,496 2,644 0.2%
Intact Financial Corp. Subscription Receipts 13,474 1,234 0.1%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 1,053,197 1,424 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 3,870,000 3,935 0.3%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 2,860,000 2,969 0.2%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,184 0.2%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 1,000,000 1,334 0.1%
International Finance Corp. 3.625% 05-20-2020 2,100,000 2,065 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 2,722,238 3,675 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-15-2017 2,793 260 0.0%
Japan Exchange Group Inc. 104,000 2,270 0.2%
Japan Tobacco Inc. 5,400 274 0.0%
Jardine Matheson Holdings Ltd. 16,400 1,415 0.1%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 390,000 521 0.0%
John Deere Canada Funding Inc. 1.85% 03-24-2021 880,000 887 0.1%
Johnson & Johnson 18,500 3,205 0.3%
Johnson Controls International PLC 38,000 2,143 0.2%
JPMorgan Chase & Co. 27,700 3,073 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 3,100,000 3,257 0.3%
KAR Auction Services Inc. 28,500 1,677 0.1%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 1,440,000 1,945 0.2%
Keyera Corp. 36,500 1,467 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-10-2024 380,000 502 0.0%
Killam Apartment Real Estate Investment Trust 99,612 1,265 0.1%
Kinder Morgan Canada Ltd. 53,400 859 0.1%
Koninklijke Philips NV 60,894 2,907 0.2%
Kweichow Moutai Co. Ltd. 22,274 1,957 0.2%
Labrador Iron Ore Royalty Corp. 44,400 757 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 2,210,000 3,003 0.2%
Laurentian Bank of Canada 1.35% 03-01-2022 97508706 1,095,788 1,091 0.1%
Lawson Inc. 18,300 1,685 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 1,386,000 1,363 0.1%
Loblaw Companies Ltd. 43,858 3,349 0.3%
Lockheed Martin Corp. 6,900 2,620 0.2%
Mackenzie Global Credit Opportunities Fund Series R 5,124,790 51,491 4.7%
Mackenzie Global Tactical Bond Fund Series R 790,110 7,875 0.6%
Mackenzie International Dividend Fund Series R 179,000 2,114 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 635,624 6,598 0.5%
Magna International Inc. 67,065 4,055 0.3%
Manulife Bank of Canada 1.92% 09-01-2021 2,110,000 2,118 0.2%
Manulife Bank of Canada 2.08% 05-26-2022 2,420,000 2,431 0.2%
Manulife Financial Corp. 394,197 9,197 0.8%
McDonald's Corp. 14,860 3,028 0.2%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 4,253,461 4,243 0.3%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 11,680,186 11,661 1.0%
Merrill Lynch Canada Inc. 1.62% 03-01-2022 6,432,934 6,475 0.5%
Metropolitan Life Global Funding I 3.11% 04-16-2021 510,000 536 0.0%
Mexican Bonos 5.00% 12-11-2019 95,483,000 6,560 0.5%
Microsoft Corp. 51,500 4,858 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 1,820,000 1,857 0.2%
Monsanto Co. 14,900 2,363 0.2%
Moody's Corp. 17,300 2,768 0.2%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 3,000,000 3,085 0.3%
Motorola Solutions Inc. 22,100 2,495 0.2%
Mullen Group Ltd. 97,688 1,457 0.1%
Nasdaq Inc. 18,800 1,718 0.1%
National Bank of Canada 1.96% 06-30-2022 2,660,000 2,676 0.2%
National Bank of Canada 2.105% 03-18-2022 4,150,000 4,211 0.3%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 3,000,000 3,428 0.3%
Nestlé SA Reg. 33,300 3,838 0.3%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 490,000 491 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 2,550,000 2,565 0.2%
North Battleford Power LP 4.958% 12-31-2032 1,499,829 1,738 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 630,000 635 0.1%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,170,000 1,193 0.1%
Northern Trust Corp. 16,400 1,937 0.2%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 1,130,000 1,522 0.1%
Northland Power Inc. 75,273 1,758 0.1%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 1,593,032 2,152 0.2%
Novo Nordisk AS B 49,700 2,853 0.2%
Nykredit Realkredit AS 1.00% 01-01-2021 41,440,000 8,777 0.7%
Oaktree Capital Group LLC 40,591 2,541 0.2%
Occidental Petroleum Corp. 27,300 2,173 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,980,000 1,587 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 1,031 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 2,270,000 2,386 0.2%
OMERS Realty Corp. 3.328% 11-12-2024 1,500,000 1,623 0.1%
Ontario Hydro 0% 05-26-2025 2,060,000 1,717 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 1,710,000 1,798 0.1%
Oracle Corp. 49,300 3,022 0.2%
Outfront Media Inc. 49,606 1,531 0.1%
Owens & Minor Inc. 47,148 2,030 0.2%
Pembina Pipeline Corp. 80,645 3,481 0.3%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 2,900,000 2,977 0.2%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 2,380,000 2,515 0.2%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 4,120,000 4,476 0.4%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 1,250,000 1,264 0.1%
Pernod Ricard SA 5,700 1,046 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 410,000 556 0.0%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 80,000 106 0.0%
PetSmart Inc. Bridge Loan 01-24-2018 1L Gtd Sr. Secd 573,000 0.0%
PetSmart Inc. Bridge Loan 01-24-2018 Sr. Unsecd 959,000 0.0%
Philip Morris International Inc. 24,900 4,029 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 568,365 778 0.1%
Potash Corp. of Saskatchewan Inc. 85,409 1,905 0.2%
Province of Alberta 3.30% 12-01-2046 11,680,000 12,243 1.0%
Province of British Columbia 2.55% 06-18-2027 4,410,000 4,576 0.4%
Province of Manitoba 2.85% 09-05-2046 7,440,000 7,131 0.6%
Province Of Manitoba 3.40% 09-05-2048 6,410,000 6,871 0.6%
Province of Ontario 0% 12-02-2023 14,790,000 13,041 1.1%
Province of Ontario 2.60% 06-02-2027 11,830,000 12,274 1.0%
Province of Ontario 2.80% 06-02-2048 18,500,000 18,069 1.5%
Province of Ontario 2.90% 12-02-2046 24,800,000 24,587 2.0%
Province of Quebec 0% 04-01-2026 2,720,000 2,211 0.2%
Province Of Quebec 2.75% 09-01-2027 22,760,000 23,937 2.0%
Province of Quebec 3.50% 12-01-2045 30,510,000 33,756 2.8%
Province of Quebec 3.50% 12-01-2048 4,000,000 4,478 0.4%
Province of Quebec 4.25% 12-01-2031 Real Return 2,890,000 5,548 0.5%
Province of Quebec 4.50% 12-01-2021 Real Return 950,000 1,526 0.1%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 820,000 837 0.1%
Quinpario Acquisition Corp. BL 07-24-2017 Secured & Unsecured Bridge Loan 3,800,000 0.0%
RBC Dominion Securities 1.45% 10-01-2021 1,338,525 1,340 0.1%
Reliance LP 3.813% 09-15-2020 1,240,000 1,288 0.1%
Reliance LP 5.187% 03-15-2019 3,700,000 3,888 0.3%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 1,070,000 1,452 0.1%
RioCan Real Estate Investment Trust 67,584 1,710 0.1%
Roche Holding AG Genusscheine 8,600 3,188 0.3%
Rogers Communications Inc. 4.00% 03-13-2024 4,290,000 4,726 0.4%
Rogers Communications Inc. Class B non-voting 79,137 4,986 0.4%
Royal Bank of Canada 112,733 10,526 0.9%
Royal Bank of Canada 2.00% 03-21-2022 2,960,000 2,989 0.2%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 2,110,000 2,153 0.2%
Royal Bank of Canada 3.31% 01-20-2026 7,100,000 7,364 0.6%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 1,750,000 2,530 0.2%
Sabre Corp. 101,891 3,087 0.3%
Safran SA 29,400 3,515 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 937,650 1,274 0.1%
Sands China Ltd. 429,300 2,675 0.2%
SAP AG 19,200 2,781 0.2%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 760,000 788 0.1%
Schindler Holding AG PC 9,800 2,839 0.2%
Schlumberger Ltd. 23,100 2,171 0.2%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 2,182,850 2,170 0.2%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 600,000 818 0.1%
Shaw Communications Inc. Class B non-voting 93,727 2,705 0.2%
SNC-Lavalin Group Inc. 65,568 3,398 0.3%
SNC-Lavalin Group Inc. Subscription Receipts 14,877 768 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 1,480,000 1,628 0.1%
Source Energy Services Ltd. Private Placement 11,451 88 0.0%
Spy Hill Power LP 4.14% 03-31-2036 1,174,116 1,253 0.1%
Sun Life Financial Inc. 40,570 1,799 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,770,000 2,886 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,349 0.3%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 3,510,000 3,597 0.3%
Suncor Energy Inc. 102,744 4,344 0.4%
Superior Industries International Inc. Bridge Term 2 1st Lien F/R 03-21-2018 1,210,000 1,836 0.2%
Sybil Software LLC Term Loan B 1st Lien F/R 09-30-2023 661,625 904 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 2,400,000 3,287 0.3%
TD Securities Inc. 1.45% 12-01-2021 1,572,275 1,572 0.1%
Teck Resources Ltd. Class B 91,800 2,208 0.2%
TELUS Corp. 21,900 1,006 0.1%
Telus Corp. 4.70% 03-06-2048 Callable 2047 2,330,000 2,457 0.2%
Tempo Acquisition LLC Term Loan B 1st Lien F/R 04-21-2024 360,000 489 0.0%
Tencent Holdings Ltd. 38,300 1,776 0.1%
The Bank of Nova Scotia 167,323 12,753 1.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 4,880,000 4,915 0.4%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 4,590,000 4,671 0.4%
The Bank of Nova Scotia 2.58% 03-30-2027 Callable 2022 2,960,000 2,978 0.2%
The Bank of Nova Scotia 4.50% 12-16-2025 1,120,000 1,595 0.1%
The Bank of Nova Scotia 6.45% 01-01-2025 6,458,409 7,988 0.7%
The Goldman Sachs Group Inc. 2.433% 04-26-2023 Callable 3,170,000 3,192 0.3%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 5,020,000 5,311 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 6,332 0.5%
The Kraft Heinz Co. 18,700 2,329 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,770,000 1,802 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 1,280,000 1,313 0.1%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 4,700,000 4,802 0.4%
The Sherwin-Williams Co. 4,600 2,061 0.2%
The Toronto-Dominion Bank 187,459 12,072 1.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 5,180,000 5,176 0.4%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,243,164 1,265 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 2,030,000 2,085 0.2%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 4,680,000 5,344 0.4%
The Toronto-Dominion Bank 5.375% 07-01-2028 (99007783) 1,856,125 2,213 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,358,321 4,112 0.3%
The Weir Group PLC 48,908 1,546 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 2,050,000 2,288 0.2%
Tong Ren Tang Technologies Co. Ltd. 470,600 1,000 0.1%
Toyota Credit Canada Inc. 2.02% 02-28-2022 3,730,000 3,764 0.3%
Toyota Credit Canada Inc. 2.20% 02-25-2021 2,090,000 2,134 0.2%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 754,078 985 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,570,000 1,654 0.1%
TransAlta Corp. Pfd. Series A 95,187 1,221 0.1%
TransCanada Corp. 158,271 9,925 0.8%
TransCanada Corp. 4.00% Pfd. Series 7 8,393 173 0.0%
TransCanada Corp. Pfd. Series 15 194,732 5,079 0.4%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 680,000 732 0.1%
TransCanada Trust F/R 05-18-2077 Callable 2027 2,550,000 2,623 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 2,500,000 2,575 0.2%
Trillium Windpower LP 5.80% 02-15-2033 1,207,498 1,433 0.1%
Trisura Group Ltd. 748 15 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 1,823,593 2,453 0.2%
Unilever NV CVA 31,000 2,385 0.2%
Union Gas Ltd. 3.80% 06-01-2046 Callable 730,000 774 0.1%
United Parcel Service Inc. (UPS) Class B 12,000 1,718 0.1%
United Parcel Service Inc. 2.13% 05-21-2024 Callable 2024 1,770,000 1,786 0.1%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,576,005 2,142 0.2%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 2,160,000 2,174 0.2%
Veresen Inc. 192,897 3,542 0.3%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 3,440,000 4,314 0.4%
Virtu Financial Bridge Loan 01-31-2018 2l Gtd Sr. Secd 1,180,000 0.0%
Visa Inc. Class A 20,100 2,585 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 190,000 197 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 850,000 1,124 0.1%
Wells Fargo & Co. 61,800 4,269 0.4%
Wells Fargo & Co. 2.222% 03-15-2021 4,790,000 4,861 0.4%
Wells Fargo & Co. 2.51% 10-27-2023 1,850,000 1,872 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,823,000 1,853 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 2,660,000 2,844 0.2%
Westcoast Energy Inc. 4.79% 10-28-2041 2,070,000 2,313 0.2%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 816,750 1,105 0.1%
WestJet Airlines Ltd. 69,996 1,612 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 693,000 946 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 660,000 655 0.1%
Total Investments -- 1,206,400 99.1%
Cash & Equivalents -- 10,750 0.9%
Currency Hedge Contracts -- -1,732 -0.1%
Other Assets (Liabilities) -- 807 0.1%
Total Net Assets -- 1,216,225 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 31, 2017
  • Regional Allocation
      Canada
    EQ : 15.9% | FI : 50.7%
    66.6%
      United States
    EQ : 7.8% | FI : 9.3%
    17.1%
      Other
    EQ : 4.7% | FI : 4.3%
    9.0%
      United Kingdom
    EQ : 1.1%
    1.1%
      Denmark
    FI : 1.0%
    1.0%
      Australia
    FI : 0.9%
    0.9%
      Switzerland
    EQ : 0.9%
    0.9%
      Cash & Equivalents 3.4%
  • Sector Allocation
      Corporate Bonds 35.9%
      Equities 30.1%
      Provincial Bonds 15.1%
      Bank Loans 4.2%
      Federal Bonds 4%
      Mortgage Backed 3.4%
      Cash & Equivalents 3.4%
      Foreign Fixed Income 1.7%
      Mutual&Pooled 1.4%
      Other 0.8%
Credit Allocation (%)
AAA 10.8%
AA 19.7%
A 14.5%
BBB 12.7%
BB 1.9%
B 4%
C 0.6%
NR 2%
Cash & Equivalents 3.4%
Equities 30.3%

Other Canadian Balanced Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

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

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

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie All Cap Value Team

Investment experience since 1996

Wincy Wong, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 1997

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Alain Bergeron, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Asset Allocation 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 blended index is composed of 30% S&P/TSX Composite Index and 70% FTSE TMX Canada Universe Bond Index.

†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).