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 August 31, 2017
Major holdings represent 15.4% of the fund.
View all holdings
Total # of
Equity Holdings
134
Total # of
Fixed Income Holdings
373
Holding name, country and sector Percentage of holding in fund
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.8%
Province of Ontario 2.80% 06-02-2048
Canada | Provincial Governments
2.1%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
2.0%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
1.8%
Canada Housing Trust No. 1 2.40% 12-15-2022
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
1.1%
Royal Bank of Canada
Canada | Diversified Banks
0.9%
Bank of Montreal
Canada | Diversified Banks
0.7%

Complete Fund Holdings Help Full holdings list

As of July 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 8,000 2,005 0.2%
407 International Inc. 3.43% 06-01-2033 MTN 3,180,000 3,200 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,557 0.1%
AbbVie Inc. 26,300 2,291 0.2%
Access Justice Durham 5.015% 08-31-2039 3,568,775 3,994 0.3%
Admiral Group PLC 61,437 2,089 0.2%
Aena SA 8,500 2,071 0.2%
Agrium Inc. 21,750 2,714 0.2%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 1,570,000 1,531 0.1%
Air Liquide SA 19,818 3,030 0.3%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,858 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 570,000 611 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 8,870,000 9,179 0.8%
Alimentation Couche-Tard Inc. 3.06% 07-26-2024 Callable 2024 2,130,000 2,123 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 77,700 4,594 0.4%
Allergan PLC 10,700 3,364 0.3%
Allied Properties Real Estate Investment Trust 49,014 1,870 0.2%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 2,080,000 2,008 0.2%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,310,000 1,344 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 1,179,000 1,201 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 2,100,000 2,180 0.2%
AltaGas Ltd. Pfd. Series K 100,797 2,599 0.2%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 1,665,000 1,665 0.1%
Altria Group Inc. 21,629 1,751 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 2,220,000 2,174 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 2,010,000 2,599 0.2%
Anheuser-Busch InBev NV 8,600 1,291 0.1%
Apple Inc. 12,300 2,279 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,990,000 2,573 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 2,200,000 2,273 0.2%
ARC Resources Ltd. 200,967 3,455 0.3%
Artis Real Estate Investment Trust 3.753% 03-27-2019 1,310,000 1,322 0.1%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 1,230,000 1,522 0.1%
AT&T Inc. 3.825% 11-25-2020 2,320,000 2,414 0.2%
Atlantia SPA 70,300 2,663 0.2%
Atlas Copco AB A 44,100 1,992 0.2%
Aviva PLC 4.50% 05-10-2021 1,120,000 1,186 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 498 0.0%
Bank of America Corp. F/R 03-15-2023 Callable 2022 3,670,000 3,630 0.3%
Bank of Montreal 94,632 8,948 0.8%
Bank of Montreal 1.61% 10-28-2021 DPNT 5,450,000 5,305 0.4%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,440,000 1,426 0.1%
Bank of Montreal 2.27% 07-11-2022 2,390,000 2,377 0.2%
Bank of Montreal 3.32% 06-01-2026 3,790,000 3,874 0.3%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 3,780,000 3,873 0.3%
Bank of Montreal F/R 06-01-2027 Callable 2022 3,530,000 3,472 0.3%
Bank of Nova Scotia 1.83% 04-27-2022 4,610,000 4,492 0.4%
Barrick Gold Corp. 43,809 923 0.1%
Bayer AG 18,000 2,844 0.2%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 2,040,000 2,030 0.2%
Becton, Dickinson and Co. 13,155 3,301 0.3%
Bell Canada 2.70% 02-27-2024 Callable 2,890,000 2,857 0.2%
Bell Canada 4.45% 02-27-2047 Callable 3,210,000 3,191 0.3%
BM&FBOVESPA SA 201,439 1,652 0.1%
BMW Canada Inc. 1.88% 12-11-2020 Series Q 1,430,000 1,417 0.1%
British American Tobacco PLC 37,300 2,891 0.2%
Broadcom Ltd. 12,000 3,688 0.3%
Brookfield Asset Management Inc. 3.95% 04-09-2019 3,800,000 3,918 0.3%
Brookfield Asset Management Inc. Class A limited voting 125,050 6,064 0.5%
Brookfield Asset Management Inc. Pfd. Series 46 78,301 2,023 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,780,000 1,762 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 4,620,000 4,707 0.4%
Brookfield Renewable Partners LP Pfd. Series 11 113,781 2,871 0.2%
Bruce Power LP 2.84% 06-23-2021 4,310,000 4,359 0.4%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 Series:17-1 2,330,000 2,313 0.2%
Bruce Power LP 3.97% 06-23-2026 770,000 799 0.1%
Bureau Veritas SA 51,100 1,450 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 7,680,000 7,600 0.6%
Cameco Corp. 5.67% 09-02-2019 Series D 2,600,000 2,734 0.2%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 1,270,416 1,596 0.1%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 06-29-2024 1,120,000 1,395 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 1,209,934 1,216 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 1,025,622 1,026 0.1%
Canadian Imperial Bank 2.30% 07-11-2022 Series DPNT 3,030,000 3,020 0.3%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 5,760,000 5,909 0.5%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 750,000 761 0.1%
Canadian National Railway Co. 3.60% 08-01-2047 Callable 2047 1,010,000 997 0.1%
Canadian Natural Resources Ltd. 146,074 5,570 0.5%
Canadian Pacific Railway Ltd. 36,268 7,079 0.6%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 1,380,000 1,350 0.1%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 980,000 1,024 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 20,024 2,850 0.2%
Canadian Utilities Ltd. Class A non-voting 17,504 693 0.1%
Canadian Western Bank 2.74% 06-16-2022 Series DPNT 860,000 848 0.1%
Cards II Trust 2.155% 10-15-2020 3,910,000 3,925 0.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-27-2023 1,080,000 1,315 0.1%
CD&R Waterworks Merger Sub LLC 6.13% 08-15-2025 Callable 2020 144A 390,000 496 0.0%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 3,010,000 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,320,000 1,301 0.1%
Chemtrade Logistics Income Fund 152,627 2,662 0.2%
China Mobile Ltd. 134,500 1,797 0.2%
CHIP Mortgage Trust 2.33% 04-29-2020 750,000 740 0.1%
CHIP Mortgage Trust 2.98% 11-15-2021 840,000 824 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 4,240,000 4,401 0.4%
Cielo SA 112,171 1,178 0.1%
Citigroup Inc. 3.39% 11-18-2021 1,757,000 1,811 0.2%
CME Group Inc. 14,900 2,276 0.2%
Cogeco Communications Inc. 13,600 1,185 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,427,096 3,705 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 740,000 960 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 1,590,000 2,150 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 894,998 1,117 0.1%
Compagnie Financiere Richemont SA 19,700 2,085 0.2%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-02-2024 85,000 106 0.0%
Corus Entertainment Inc. Class B non-voting 39,813 551 0.0%
Crescent Point Energy Corp. 281,168 2,755 0.2%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 2,230,000 2,215 0.2%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 1,611,176 2,017 0.2%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,133 0.1%
Currency Call Option USD/CAD 09-22-2017 Strike 1.35 13,793,600 2 0.0%
Currency Call Option USD/CAD 09-25-2017 Strike 1.35 6,816,300 1 0.0%
Daimler Canada Finance Inc. 1.57% 05-25-2020 Series EMTN 1,290,000 1,269 0.1%
Danske Bank AS 2.75% 09-17-2020 144A 620,000 787 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 1,540,000 1,954 0.2%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 797,000 1,000 0.1%
Deutsche Boerse AG 31,200 4,067 0.3%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-22-2023 565,000 710 0.1%
Diageo PLC 26,700 1,075 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 290 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 605 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 612 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 829,500 950 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 1,450,000 1,453 0.1%
Element Fleet Management Corp. 190,600 1,799 0.2%
Enbridge Inc. 69,500 3,592 0.3%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 1,160,000 1,113 0.1%
Enbridge Inc. 4.24% 08-27-2042 3,320,000 3,093 0.3%
Enbridge Inc. 4.57% 03-11-2044 2,630,000 2,573 0.2%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,832 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,810,000 1,835 0.2%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 1,900,000 2,309 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,140,000 1,181 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 2,540,000 2,597 0.2%
Fanuc Corp. 7,500 1,913 0.2%
Fortified Trust 1.67% 07-23-2021 2,350,000 2,302 0.2%
Fortis Inc. 95,654 4,348 0.4%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 1,340,000 1,339 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 510,000 471 0.0%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-01-2024 1,310,000 1,573 0.1%
Futures Contracts 1,062 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-03-2024 3,163,458 3,623 0.3%
Gaz Metro Inc. 1.52% 05-25-2020 820,000 812 0.1%
General Electric Co. 112,900 3,602 0.3%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 1,600,000 1,564 0.1%
Genesis Trust II 1.699% 04-15-2020 2,230,000 2,217 0.2%
Genesis Trust II 2.43% 05-15-2019 2,040,000 2,061 0.2%
Genworth MI Canada Inc. 39,200 1,426 0.1%
Gibson Energy Inc. 83,404 1,354 0.1%
Glacier Credit Card Trust 2.05% 09-20-2022 2,710,000 2,649 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 01-06-2023 900,500 1,095 0.1%
Goldcorp Inc. 202,238 3,311 0.3%
Government of Canada 0.75% 09-01-2021 1,530,000 1,480 0.1%
Government of Canada 1.00% 06-01-2027 4,810,000 4,359 0.4%
Government of Canada 1.25% 12-01-2047 Real Return 13,310,000 15,766 1.3%
Government of Canada 2.75% 12-01-2048 2,420,000 2,569 0.2%
Government of Canada 3.25% 06-01-2021 1,370,000 1,456 0.1%
Government of Canada 3.50% 12-01-2045 17,290,000 20,822 1.8%
Government of Portugal 5.125% 10-15-2024 3,690,000 4,719 0.4%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 3,010,000 3,011 0.3%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 1,718,728 1,874 0.2%
H&R Real Estate Investment Trust 74,103 1,564 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,590,000 1,567 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,990,000 1,955 0.2%
Hang Lung Properties Ltd. 727,000 2,257 0.2%
Harley-Davidson Inc. 25,200 1,528 0.1%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 1,390,000 1,428 0.1%
HD Supply Waterworks Bridge Loan 12-22-2017 1,560,000 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,190,000 2,201 0.2%
Heineken Holding NV A 20,400 2,497 0.2%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 1,113,851 1,399 0.1%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 233,357 293 0.0%
Hollis Receivables Term Trust II 1.788% 02-26-2020 2,530,000 2,519 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 3,530,000 3,569 0.3%
Honeywell International Inc. 11,800 2,001 0.2%
HSBC Bank of Canada 2.17% 06-29-2022 DPNT 4,000,000 3,937 0.3%
HSBC Holdings PLC 252,800 3,146 0.3%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,694 0.2%
Hydro One Inc. 3.72% 11-18-2047 2,500,000 2,483 0.2%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 1,760,000 1,800 0.2%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,300,000 1,864 0.2%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 1,070,000 1,343 0.1%
Industrial Alliance Insurance and Financial Services Inc. 14,972 866 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 940,000 948 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 1,067,325 1,248 0.1%
Intact Financial Corp. 28,683 2,778 0.2%
Intact Financial Corp. Subscription Receipts 13,474 1,290 0.1%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 1,050,531 1,317 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 3,870,000 3,779 0.3%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 2,860,000 2,838 0.2%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,076 0.2%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 987,500 1,233 0.1%
International Finance Corp. 3.625% 05-20-2020 2,100,000 2,017 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 2,715,257 3,373 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 01-19-2018 2,095 257 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-15-2017 698 11 0.0%
Japan Exchange Group Inc. 104,000 2,329 0.2%
Jardine Matheson Holdings Ltd. 16,400 1,304 0.1%
John Deere Canada Funding Inc. 1.85% 03-24-2021 880,000 869 0.1%
Johnson & Johnson 18,500 3,059 0.3%
Johnson Controls International PLC 43,600 2,116 0.2%
JPMorgan Chase & Co. 27,700 3,168 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 3,100,000 3,192 0.3%
KAR Auction Services Inc. 28,500 1,493 0.1%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 1,440,000 1,807 0.2%
Keyera Corp. 36,757 1,432 0.1%
Killam Apartment Real Estate Investment Trust 117,704 1,443 0.1%
Kinder Morgan Canada Ltd. 53,400 938 0.1%
Kinder Morgan Inc. 101,000 2,571 0.2%
Koninklijke Philips NV 64,594 3,084 0.3%
Kweichow Moutai Co. Ltd. 20,074 1,789 0.2%
Labrador Iron Ore Royalty Corp. 55,500 956 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 768,800 966 0.1%
Laurentian Bank of Canada 1.35% 03-01-2022 97508706 1,084,884 1,056 0.1%
Lawson Inc. 18,300 1,553 0.1%
Loblaw Companies Ltd. 50,358 3,419 0.3%
Lockheed Martin Corp. 6,400 2,329 0.2%
Mackenzie Global Credit Opportunities Fund Series R 5,124,790 50,750 4.3%
Mackenzie Global Tactical Bond Fund Series R 790,110 7,749 0.7%
Mackenzie International Dividend Fund Series R 179,000 1,975 0.2%
Mackenzie Unconstrained Fixed Income Fund Series R 635,624 6,485 0.5%
Magna International Inc. 49,481 2,942 0.2%
Manulife Bank of Canada 1.92% 09-01-2021 2,110,000 2,068 0.2%
Manulife Bank of Canada 2.08% 05-26-2022 2,420,000 2,369 0.2%
Manulife Financial Corp. 338,996 8,705 0.7%
McDonald's Corp. 12,160 2,350 0.2%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 2,269,375 2,221 0.2%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 11,499,715 11,249 0.9%
Merrill Lynch Canada Inc. 1.62% 03-01-2022 6,339,975 6,235 0.5%
Metropolitan Life Global Funding I 3.11% 04-16-2021 510,000 524 0.0%
Mexican Bonos 5.00% 12-11-2019 95,483,000 6,435 0.5%
Microsoft Corp. 47,000 4,257 0.4%
Monsanto Co. 14,900 2,169 0.2%
Moody's Corp. 16,900 2,771 0.2%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 3,000,000 2,980 0.3%
Motorola Solutions Inc. 19,600 2,214 0.2%
Mullen Group Ltd. 90,888 1,451 0.1%
Nasdaq Inc. 18,800 1,742 0.1%
National Bank of Canada 1.96% 06-30-2022 5,540,000 5,428 0.5%
National Bank of Canada 2.105% 03-18-2022 4,150,000 4,100 0.3%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 3,000,000 3,347 0.3%
Nestlé SA Reg. 34,500 3,632 0.3%
Nike Inc. Class B 24,504 1,803 0.2%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 490,000 486 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 2,550,000 2,528 0.2%
North Battleford Power LP 4.958% 12-31-2032 1,477,106 1,630 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 630,000 604 0.1%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,170,000 1,143 0.1%
Northern Trust Corp. 17,100 1,864 0.2%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 1,130,000 1,404 0.1%
Northland Power Inc. 75,895 1,762 0.1%
Novo Nordisk AS B 49,700 2,642 0.2%
Nykredit Realkredit AS 1.00% 01-01-2021 41,440,000 8,524 0.7%
Oaktree Capital Group LLC 42,898 2,587 0.2%
Occidental Petroleum Corp. 28,500 2,199 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,190,000 1,028 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 955 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 1,500,000 1,558 0.1%
Ontario Hydro 0% 05-26-2025 2,060,000 1,638 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 1,710,000 1,716 0.1%
Oracle Corp. 49,300 3,067 0.3%
Outfront Media Inc. 49,606 1,413 0.1%
Owens & Minor Inc. 53,448 2,146 0.2%
Pembina Pipeline Corp. 52,945 2,250 0.2%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 2,900,000 2,859 0.2%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 2,380,000 2,382 0.2%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 4,120,000 4,245 0.4%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 1,250,000 1,217 0.1%
Pernod Ricard SA 5,700 985 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 410,000 492 0.0%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 80,000 95 0.0%
Philip Morris International Inc. 21,500 3,126 0.3%
Potash Corp. of Saskatchewan Inc. 14,151 316 0.0%
Province of Alberta 3.30% 12-01-2046 11,680,000 11,520 1.0%
Province of Manitoba 2.85% 09-05-2046 7,440,000 6,674 0.6%
Province of Manitoba 3.40% 09-05-2048 6,410,000 6,419 0.5%
Province of Ontario 0% 12-02-2023 14,790,000 12,563 1.1%
Province of Ontario 2.40% 06-02-2026 8,270,000 8,096 0.7%
Province of Ontario 2.60% 06-02-2027 15,240,000 15,051 1.3%
Province of Ontario 2.80% 06-02-2048 26,360,000 24,008 2.0%
Province of Ontario 2.90% 12-02-2046 24,800,000 23,026 1.9%
Province of Quebec 0% 04-01-2026 2,720,000 2,104 0.2%
Province of Quebec 2.75% 09-01-2027 24,570,000 24,618 2.1%
Province of Quebec 3.50% 12-01-2045 30,510,000 31,814 2.7%
Province of Quebec 3.50% 12-01-2048 4,000,000 4,201 0.4%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 820,000 806 0.1%
Pure Multi-Family REIT LP 112,701 958 0.1%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 1,330,000 0.0%
RBC Dominion Securities Inc. 1.45% 10-01-2021 1,320,736 1,295 0.1%
Reliance LP 3.813% 09-15-2020 1,240,000 1,264 0.1%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 1,067,325 1,338 0.1%
RioCan Real Estate Investment Trust 68,225 1,644 0.1%
Roche Holding AG Genusscheine 8,800 2,777 0.2%
Rogers Communications Inc. Class B non-voting 79,760 5,171 0.4%
Royal Bank of Canada 112,733 10,485 0.9%
Royal Bank of Canada 2.00% 03-21-2022 2,960,000 2,911 0.2%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 2,110,000 2,080 0.2%
Royal Bank of Canada 3.31% 01-20-2026 7,100,000 7,262 0.6%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 1,750,000 2,349 0.2%
Sabre Corp. 101,891 2,809 0.2%
Safran SA 29,400 3,465 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 935,300 1,174 0.1%
Sands China Ltd. 399,300 2,309 0.2%
SAP AG 19,200 2,539 0.2%
Saputo Inc. 1.94% 06-13-2022 Callable 2022 1,230,000 1,199 0.1%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 760,000 763 0.1%
Schindler Holding AG PC 9,800 2,634 0.2%
Schlumberger Ltd. 22,800 1,949 0.2%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 2,182,850 2,089 0.2%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 06-20-2024 166,100 209 0.0%
Shaw Communications Inc. Class B non-voting 94,369 2,620 0.2%
SNC-Lavalin Group Inc. 89,745 4,928 0.4%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 1,226,000 1,358 0.1%
Source Energy Services Ltd. Private Placement 11,451 82 0.0%
Spy Hill Power LP 4.14% 03-31-2036 1,174,116 1,197 0.1%
Sun Life Financial Inc. 30,452 1,455 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,770,000 2,831 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,231 0.3%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 3,510,000 3,538 0.3%
Suncor Energy Inc. 48,205 1,960 0.2%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 2,400,000 3,028 0.3%
TD Securities Inc. 1.45% 12-01-2021 1,547,131 1,517 0.1%
Teck Resources Ltd. Class B 91,800 2,484 0.2%
TELUS Corp. 22,139 997 0.1%
Telus Corp. 4.70% 03-06-2048 Callable 2047 2,330,000 2,358 0.2%
Tencent Holdings Ltd. 38,300 1,915 0.2%
The Bank of Nova Scotia 167,323 12,996 1.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 4,880,000 4,796 0.4%
The Bank of Nova Scotia 2.29% 06-28-2024 5,450,000 5,316 0.4%
The Bank of Nova Scotia 2.58% 03-30-2027 Callable 2022 2,960,000 2,920 0.2%
The Bank of Nova Scotia 4.50% 12-16-2025 1,120,000 1,476 0.1%
The Bank of Nova Scotia 6.45% 01-01-2025 6,397,303 7,629 0.6%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 3,170,000 3,108 0.3%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 5,020,000 5,206 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 6,184 0.5%
The Kraft Heinz Co. 18,200 1,983 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,770,000 1,773 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 1,280,000 1,295 0.1%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 4,700,000 4,761 0.4%
The Sherwin-Williams Co. 5,200 2,185 0.2%
The Toronto-Dominion Bank 187,459 12,048 1.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 5,180,000 5,005 0.4%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,227,276 1,215 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 2,030,000 2,060 0.2%
The Toronto-Dominion Bank 4.86% 03-04-2031 Callable 2026 4,680,000 5,165 0.4%
The Toronto-Dominion Bank 5.375% 07-01-2028 (99007783) 1,836,400 2,108 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,326,794 3,914 0.3%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 8,290,000 8,261 0.7%
The Weir Group PLC 43,508 1,312 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 2,050,000 2,198 0.2%
Tong Ren Tang Technologies Co. Ltd. 470,600 850 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,570,000 1,622 0.1%
TransAlta Corp. Pfd. Series A 95,187 1,379 0.1%
TransCanada Corp. 119,329 7,601 0.6%
TransCanada Corp. Pfd. Series 15 194,732 5,106 0.4%
TransCanada Trust F/R 05-18-2077 Callable 2027 2,550,000 2,545 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 2,500,000 2,553 0.2%
Trillium Windpower LP 5.80% 02-15-2033 1,207,498 1,367 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 1,529,740 1,912 0.2%
Unilever NV CVA 28,500 2,072 0.2%
United Parcel Service Inc. 2.13% 05-21-2024 Callable 2024 1,770,000 1,717 0.1%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,572,005 1,972 0.2%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 2,160,000 2,108 0.2%
Veresen Inc. 192,897 3,513 0.3%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 3,440,000 3,971 0.3%
Visa Inc. Class A 18,700 2,319 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 844,688 990 0.1%
Wells Fargo & Co. 60,400 4,059 0.3%
Wells Fargo & Co. 2.222% 03-15-2021 4,790,000 4,758 0.4%
Wells Fargo & Co. 2.51% 10-27-2023 1,850,000 1,804 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,823,000 1,763 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 2,660,000 2,721 0.2%
Werner FinCo LP 8.75% 07-15-2025 Callable 2020 144A 270,000 339 0.0%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 760,000 950 0.1%
West Corp. Olympus Bridge Loan 02-07-2018 1,560,000 0.0%
Westcoast Energy Inc. 4.79% 10-28-2041 2,070,000 2,185 0.2%
WestJet Airlines Ltd. 69,996 1,739 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 660,000 655 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 710,000 882 0.1%
Total Investments -- 1,150,773 97.1%
Cash & Equivalents -- 17,169 1.4%
Currency Hedge Contracts -- 6,532 0.6%
Other Assets (Liabilities) -- 11,161 0.9%
Total Net Assets -- 1,185,635 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2017
  • Regional Allocation
      Canada
    EQ : 15.9% | FI : 51.7%
    67.6%
      United States
    EQ : 7.7% | FI : 9.2%
    16.9%
      Other
    EQ : 4.8% | FI : 4.3%
    9.1%
      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 2.5%
  • Sector Allocation
      Corporate Bonds 36.3%
      Equities 30.2%
      Provincial Bonds 15.6%
      Federal Bonds 5.9%
      Bank Loans 4.2%
      Cash & Equivalents 2.5%
      Foreign Fixed Income 1.7%
      Mortgage Backed 1.4%
      Mutual&Pooled 1.4%
      Other 0.8%
Credit Allocation (%)
AAA 11.8%
AA 21.1%
A 14.2%
BBB 12.4%
BB 2.5%
B 4%
C 0.7%
NR 1.8%
Cash & Equivalents 0.5%

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).