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 February 28, 2017
Major holdings represent 15.1% of the fund.
View all holdings
Total # of
Equity Holdings
137
Total # of
Fixed Income Holdings
279
Holding name, country and sector Percentage of holding in fund
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.7%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
2.0%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.9%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
1.8%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.4%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.2%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.1%
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 December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 8,400 2,015 0.2%
407 International Inc. 2.43% 05-04-2027 MTN Callable 1,760,000 1,705 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,534 0.1%
Abbott Laboratories 34,000 1,755 0.2%
AbbVie Inc. 27,800 2,339 0.2%
Access Justice Durham 5.015% 08-31-2039 3,612,020 4,083 0.4%
Admiral Group PLC 69,537 2,096 0.2%
Agrium Inc. 21,750 2,935 0.3%
Air Liquide SA 21,818 3,256 0.3%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 8,870,000 9,300 0.8%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 2,010,000 2,063 0.2%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 1,690,000 1,815 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 72,000 4,383 0.4%
Allergan PLC 10,400 2,935 0.3%
Allied Properties Real Estate Investment Trust 42,337 1,522 0.1%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 1,389,000 1,407 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,510,000 1,552 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 2,100,000 2,218 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 195,000 193 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 810,000 1,165 0.1%
Altria Group Inc. 26,029 2,365 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 2,010,000 2,748 0.2%
Anheuser-Busch InBev NV 10,700 1,519 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 1,070,000 1,410 0.1%
Antero Resources Corp. 5.625% 06-01-2023 Callable 100,000 138 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 260,000 360 0.0%
Apple Inc. 16,600 2,583 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,990,000 2,658 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 2,200,000 2,298 0.2%
ARC Resources Ltd. 81,665 1,887 0.2%
Aretec Group Inc. 6,120 119 0.0%
Arrow Lakes Power Corp. 5.516% 04-05-2041 307,049 349 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 1,310,000 1,326 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 500,000 684 0.1%
Atlantia SPA 66,600 2,095 0.2%
Atlas Copco AB A 50,000 2,043 0.2%
Aviva PLC 4.50% 05-10-2021 1,120,000 1,178 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 522 0.0%
Bank of Montreal 93,981 9,076 0.8%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 5,450,000 5,349 0.5%
Bank of Montreal 1.88% 03-31-2021 4,420,000 4,416 0.4%
Bank of Montreal 2.10% 10-06-2020 Series DPNT 4,650,000 4,702 0.4%
Bank of Montreal 3.32% 06-01-2026 3,960,000 4,026 0.3%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 2,660,000 2,710 0.2%
Barrick Gold Corp. 68,064 1,463 0.1%
Bayer AG 13,200 1,851 0.2%
BCE Inc. 44,634 2,590 0.2%
Becton, Dickinson and Co. 13,955 3,104 0.3%
Bell Canada 2.00% 10-01-2021 2,390,000 2,364 0.2%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 2,470,000 2,536 0.2%
Bell Canada 4.70% 09-11-2023 Series MTN 1,720,000 1,917 0.2%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 690,000 909 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 2,470,000 2,597 0.2%
British American Tobacco PLC 44,100 3,366 0.3%
Broadcom Ltd. 15,900 3,776 0.3%
Brookfield Asset Management Inc. 3.95% 04-09-2019 3,800,000 3,958 0.3%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 3,323 69 0.0%
Brookfield Asset Management Inc. Class A limited voting 126,221 5,592 0.5%
Brookfield Asset Management Inc. Pfd. Series 46 79,761 2,046 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,780,000 1,742 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 4,140,000 4,194 0.4%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 640,000 859 0.1%
Bruce Power LP 2.844% 06-23-2021 2,610,000 2,653 0.2%
Bruce Power LP 3.969% 06-23-2026 770,000 793 0.1%
Bureau Veritas SA 54,000 1,407 0.1%
CAE Inc. 55,000 1,033 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 2,600,000 2,787 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 1,280,000 1,743 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 915,000 1,278 0.1%
Canada Housing Trust 1.90% 09-15-2026 5,330,000 5,182 0.4%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 1,313,121 1,328 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 1,388,247 1,395 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 2,000,000 1,999 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 5,690,000 5,800 0.5%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 1,040,000 1,049 0.1%
Canadian National Railway Co. 19,100 1,726 0.1%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 3,180,000 3,246 0.3%
Canadian Natural Resources Ltd. 127,074 5,437 0.5%
Canadian Pacific Railway Ltd. 32,868 6,296 0.5%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 510,000 522 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 980,000 1,035 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 27,544 3,836 0.3%
Canadian Utilities Ltd. Class A non-voting 27,380 991 0.1%
Cards II Trust 2.155% 10-15-2020 3,910,000 3,967 0.3%
Cenovus Energy Inc. 107,462 2,181 0.2%
CETIP SA - Mercados Organizados 176,008 3,234 0.3%
Chemtrade Logistics Income Fund 42,377 803 0.1%
China Mobile Ltd. 124,700 1,757 0.2%
CHIP Mortgage Trust 2.33% 04-29-2020 750,000 740 0.1%
Chip Mortgage Trust 2.98% 11-15-2021 840,000 835 0.1%
Choice Properties LP 3.00% 09-20-2019 880,000 903 0.1%
Choice Properties LP 3.60% 09-20-2021 1,620,000 1,696 0.1%
Choice Properties Real Estate Investment Trust 2.297% 09-14-2020 950,000 952 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 4,240,000 4,422 0.4%
CI Financial Corp. 2.645% 12-07-2020 Callable 1,370,000 1,375 0.1%
Cielo SA 98,976 1,135 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 748,125 997 0.1%
Citigroup Inc. 3.39% 11-18-2021 1,757,000 1,830 0.2%
City of Montreal 2.75% 09-01-2026 5,160,000 5,117 0.4%
CME Group Inc. 18,200 2,821 0.2%
Cogeco Communications Inc. 13,600 901 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,594,715 3,872 0.3%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 2,740,000 2,794 0.2%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 1,790,000 1,893 0.2%
Cominar REIT 4.247% 05-23-2023 1,000,000 1,011 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 2,640,000 3,624 0.3%
Commonwealth of Bahamas 6.95% 11-20-2029 1,300,000 1,912 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 901,750 1,227 0.1%
Compagnie Financiere Richemont SA 26,100 2,324 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 470,000 629 0.1%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 1,360,000 1,811 0.2%
Corus Entertainment Inc. Class B non-voting 37,811 476 0.0%
Crescent Point Energy Corp. 215,468 3,932 0.3%
Croda International PLC 16,040 846 0.1%
Crombie Real Estate Investment Trust 2.775% 02-10-2020 240,000 238 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 2,230,000 2,181 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,619,476 2,209 0.2%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,126 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 1,750,000 1,748 0.2%
Danske Bank AS 2.75% 09-17-2020 144A 620,000 841 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 1,540,000 2,087 0.2%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 606,254 753 0.1%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 1,260,000 1,724 0.1%
Deutsche Boerse AG 36,000 3,943 0.3%
DH Corp. 33,900 755 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 860,000 866 0.1%
Diageo PLC 25,500 887 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 306 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 628 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 641 0.1%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 1,890,000 2,517 0.2%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 840,000 1,023 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 1,450,000 1,467 0.1%
Element Financial Corp. 144,912 1,806 0.2%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 2,117,750 2,803 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 3,730,000 3,632 0.3%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 1,340,000 1,400 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 63,415 1,096 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,820,000 1,922 0.2%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 1,590,000 1,665 0.1%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 2,880,000 2,993 0.3%
Equitable Bank 1.52% 05-01-2021 4,366,796 4,331 0.4%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,400,000 1,457 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 1,710,000 1,729 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 1,710,000 1,936 0.2%
Fanuc Corp. 8,100 1,842 0.2%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 1,708,000 2,298 0.2%
FLIR Systems Inc. 76,508 3,720 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 570,000 771 0.1%
Ford Credit Canada Ltd. 2.45% 05-07-2020 2,110,000 2,108 0.2%
Fortified Trust 1.67% 07-23-2021 2,350,000 2,322 0.2%
Fortis Inc. 86,849 3,601 0.3%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 1,340,000 1,346 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 820,000 861 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 510,000 461 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 1,176,474 830 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 590,000 821 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 1,010,000 1,142 0.1%
Futures Contracts 991 0.1%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 642,857 862 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 3,206,960 3,079 0.3%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 1,700,000 1,702 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 820,000 817 0.1%
General Electric Co. 83,400 3,541 0.3%
Genesis Trust II 1.699% 04-15-2020 2,230,000 2,232 0.2%
Genesis Trust II 2.433% 05-15-2019 2,040,000 2,085 0.2%
Genworth MI Canada Inc. 39,200 1,319 0.1%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 790,000 1,169 0.1%
Gibson Energy Inc. 108,504 2,059 0.2%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 960,000 1,007 0.1%
Glacier Credit Card Trust 2.237% 09-20-2020 1,810,000 1,831 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 1,520,000 2,017 0.2%
Goldcorp Inc. 201,659 3,686 0.3%
Government of Bermuda 4.854% 02-06-2024 4,210,000 5,896 0.5%
Government of Canada 1.25% 12-01-2047 Real Return 13,310,000 16,902 1.5%
Government of Canada 2.75% 12-01-2048 40,404,000 44,396 3.0%
Government of Canada 4.00% 12-01-2031 Real Return 1,660,000 3,578 0.3%
Government of Portugal 5.125% 10-15-2024 3,690,000 4,846 0.4%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 2,650,000 2,719 0.2%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 1,830,000 1,838 0.2%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 920,000 968 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 1,720,119 2,259 0.2%
H&R Real Estate Investment Trust 64,318 1,439 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,810,000 1,803 0.2%
Hang Lung Properties Ltd. 769,600 2,165 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 200,000 229 0.0%
Harley-Davidson Inc. 25,700 2,015 0.2%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 1,390,000 1,429 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,190,000 2,224 0.2%
Heineken Holding NV A 24,100 2,253 0.2%
Hollis Receivables Term Trust II 1.788% 02-26-2020 2,530,000 2,534 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 3,530,000 3,607 0.3%
Honda Canada Finance Inc. 1.631% 08-12-2019 2,670,000 2,672 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 1,840,000 1,855 0.2%
Honeywell International Inc. 12,100 1,883 0.2%
HSBC Bank Canada 2.449% 01-29-2021 1,060,000 1,075 0.1%
HSBC Holdings PLC 263,000 2,859 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,672 0.2%
Hydro One Inc. 3.72% 11-18-2047 970,000 953 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 1,760,000 1,795 0.2%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 1,530,000 1,731 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2024 2,530,000 2,117 0.2%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 2,210,000 3,142 0.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 2,620,000 2,646 0.2%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 630,000 626 0.1%
Intact Financial Corp. 28,137 2,704 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 1,058,528 1,442 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 58,000 48 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 350,000 396 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 420,000 547 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 44,000 20 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 2,820,000 2,792 0.2%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 1,650,000 1,663 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 690,000 700 0.1%
International Finance Corp. 3.625% 05-20-2020 2,100,000 1,981 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 2,736,198 3,523 0.3%
Japan Tobacco Inc. 53,000 2,341 0.2%
Jardine Matheson Holdings Ltd. 17,400 1,290 0.1%
Johnson & Johnson 21,500 3,328 0.3%
JPMorgan Chase & Co. 30,300 3,513 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 1,990,000 2,067 0.2%
KAR Auction Services Inc. 39,500 2,262 0.2%
Killam Apartment Real Estate Investment Trust 70,675 844 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 560,000 753 0.1%
Kweichow Moutai Co. Ltd. 23,574 1,522 0.1%
Labrador Iron Ore Royalty Corp. 57,100 1,063 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 2,146,421 2,886 0.2%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 1,860,000 1,878 0.2%
Lawson Inc. 18,800 1,775 0.2%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 957,000 1,308 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 690,000 934 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 1,393,200 1,303 0.1%
Loblaw Companies Ltd. 43,858 3,107 0.3%
Lockheed Martin Corp. 7,300 2,451 0.2%
Lower Mattagami Energy LP 2.31% 10-21-2026 320,000 306 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 860,000 912 0.1%
Mackenzie Global Tactical Bond Fund Series R 790,110 7,743 0.7%
Mackenzie Unconstrained Fixed Income Fund Series R 635,624 6,458 0.6%
Magna International Inc. 67,382 3,928 0.3%
Manulife Bank of Canada 1.915% 09-01-2021 2,110,000 2,084 0.2%
Manulife Financial Corp. 377,281 9,021 0.8%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 710,000 969 0.1%
MCAP Commercial LP 3.955% 03-11-2019 1,370,000 1,354 0.1%
MCAP Services Corp. 1.85% 03-01-2018 670,025 674 0.1%
McDonald's Corp. 16,560 2,708 0.2%
Merrill Lynch 1.30% 08-01-2021 4,376,162 4,315 0.4%
Merrill Lynch 1.37% 11-01-2021 4,335,209 4,279 0.4%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,308,808 1,298 0.1%
Metropolitan Life Global Funding I 3.107% 04-16-2021 510,000 527 0.0%
Mexican Bonos 5.00% 12-11-2019 103,900,000 6,392 0.6%
Microsoft Corp. 59,400 4,959 0.4%
Molson Coors International LP 2.25% 09-18-2018 3,330,000 3,362 0.3%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 1,820,000 1,800 0.2%
Monsanto Co. 20,900 2,954 0.3%
Moody's Corp. 19,300 2,445 0.2%
Motorola Solutions Inc. 34,400 3,831 0.3%
MPLX LP 4.5% 07-15-2023 350,000 480 0.0%
Mullen Group Ltd. 94,288 1,870 0.2%
National Bank of Canada 2.105% 03-18-2022 4,150,000 4,140 0.4%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 3,000,000 3,446 0.3%
Nestlé SA Reg. 34,200 3,299 0.3%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 3,970,000 0.0%
Nielsen Holdings PLC 15,600 879 0.1%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 490,000 488 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,524,653 1,681 0.1%
Northern Trust Corp. 20,800 2,489 0.2%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 1,130,000 1,514 0.1%
Northland Power Inc. 73,692 1,717 0.1%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 1,614,020 2,076 0.2%
Novo Nordisk AS B 36,600 1,767 0.2%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 890,000 1,228 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 310,000 427 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 1,020,000 1,158 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 41,440,000 8,173 0.7%
Oaktree Capital Group LLC 42,891 2,161 0.2%
Occidental Petroleum Corp. 27,000 2,584 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,980,000 2,317 0.2%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 987 0.1%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 1,290,000 1,265 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 2,270,000 2,314 0.2%
OMERS Realty Corp. 3.328% 11-12-2024 1,500,000 1,568 0.1%
Ontario Hydro 0% 05-26-2025 2,060,000 1,638 0.1%
Oracle Corp. 51,500 2,661 0.2%
Outfront Media Inc. 52,506 1,755 0.2%
Owens & Minor Inc. 48,948 2,321 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 190,000 198 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 670,000 698 0.1%
Patterson Companies Inc. 24,700 1,362 0.1%
Pembina Pipeline Corp. 79,397 3,331 0.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,670,000 1,687 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 4,120,000 4,289 0.4%
Pernod Ricard SA 6,600 961 0.1%
Pfizer Inc. 42,500 1,855 0.2%
Philip Morris International Inc. 26,900 3,307 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 613,200 830 0.1%
Potash Corp. of Saskatchewan Inc. 123,255 2,994 0.3%
Province of Alberta 3.30% 12-01-2046 10,210,000 10,190 0.9%
Province of British Columbia 2.80% 06-18-2048 6,820,000 6,374 0.6%
Province of Manitoba 2.85% 09-05-2046 7,440,000 6,691 0.6%
Province of Ontario 0% 06-02-2024 10,490,000 8,728 0.8%
Province of Ontario 0% 06-02-2026 2,550,000 1,973 0.2%
Province of Ontario 0% 07-13-2022 4,050,000 3,609 0.3%
Province of Ontario 0% 12-02-2023 14,790,000 12,578 1.1%
Province of Ontario 2.40% 06-02-2026 17,305,000 17,180 1.5%
Province of Ontario 2.80% 06-02-2048 550,000 506 0.0%
Province of Ontario 2.90% 12-02-2046 18,110,000 16,974 1.5%
Province of Quebec 0% 04-01-2026 2,720,000 2,092 0.2%
Province of Quebec 2.50% 09-01-2026 19,075,000 19,057 1.6%
Province of Quebec 3.50% 12-01-2045 31,880,000 33,294 2.9%
Province of Quebec 3.50% 12-01-2048 4,356,000 4,590 0.4%
Province of Quebec 4.25% 12-01-2031 Real Return 2,890,000 5,461 0.5%
Province of Quebec 4.50% 12-01-2021 Real Return 950,000 1,518 0.1%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 820,000 814 0.1%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 1,440,000 1,953 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 100,000 105 0.0%
Reliance LP 3.813% 09-15-2020 1,240,000 1,247 0.1%
Reliance LP 5.187% 03-15-2019 3,700,000 3,862 0.3%
RioCan Real Estate Investment Trust 66,095 1,760 0.2%
Roche Holding AG Genusscheine 8,600 2,635 0.2%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 6,760,000 7,619 0.7%
Rogers Communications Inc. Class B non-voting 86,243 4,467 0.4%
Royal Bank of Canada 110,762 10,065 0.9%
Royal Bank of Canada 1.583% 09-13-2021 2,690,000 2,636 0.2%
Royal Bank of Canada 1.65% 07-15-2021 2,310,000 2,276 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 2,110,000 2,096 0.2%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 1,580,000 1,566 0.1%
Royal Bank of Canada 3.31% 01-20-2026 5,730,000 5,816 0.5%
Safran SA 35,900 3,475 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 940,000 1,257 0.1%
Sands China Ltd. 500,500 2,892 0.3%
SAP AG 22,500 2,644 0.2%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 760,000 762 0.1%
Schindler Holding AG PC 11,000 2,605 0.2%
Schlumberger Ltd. 25,700 2,899 0.3%
Schooner Trust 5.192% 03-12-2017 116,846 117 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 2,244,625 2,168 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 570,000 778 0.1%
Shaw Communications Inc. Class B non-voting 108,156 2,914 0.3%
SNC-Lavalin Group Inc. 57,468 3,321 0.3%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 2,110,000 2,248 0.2%
Spy Hill Power LP 4.14% 03-31-2036 1,187,425 1,213 0.1%
Sun Life Financial Inc. 58,409 3,011 0.3%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,770,000 2,840 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 2,150,000 2,157 0.2%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 3,510,000 3,540 0.3%
Suncor Energy Inc. 131,425 5,770 0.5%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 670,000 913 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 2,400,000 3,154 0.3%
TD Securities Inc. 1.45% 12-01-2021 1,620,000 1,596 0.1%
Teck Resources Ltd. Class B 90,100 2,421 0.2%
Telefonica Deutschland Holding AG 441,300 2,535 0.2%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 1,160,000 1,462 0.1%
Tencent Holdings Ltd. 38,400 1,252 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 730,000 867 0.1%
The Bank of Nova Scotia 159,765 11,944 1.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 5,070,000 5,034 0.4%
The Bank of Nova Scotia 2.09% 09-09-2020 4,590,000 4,637 0.4%
The Bank of Nova Scotia 6.45% 01-01-2025 6,608,144 8,030 0.7%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 5,020,000 5,260 0.5%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 2,330,000 2,435 0.2%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 6,054 0.5%
The Kraft Heinz Co. 19,800 2,323 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,770,000 1,774 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 1,280,000 1,299 0.1%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 4,700,000 4,778 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 210,000 278 0.0%
The Sherwin-Williams Co. 4,100 1,480 0.1%
The Toronto-Dominion Bank 201,930 13,372 1.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 5,400,000 5,255 0.5%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,282,583 1,279 0.1%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 4,710,000 4,701 0.4%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 3,200,000 3,222 0.3%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 3,510,000 3,844 0.3%
The Toronto-Dominion Bank 5.375% 07-01-2028 1,904,603 2,230 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,435,626 4,128 0.4%
The Weir Group PLC 56,408 1,757 0.2%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 2,050,000 2,235 0.2%
Tong Ren Tang Technologies Co. Ltd. 399,200 994 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 2,090,000 2,108 0.2%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 779,661 1,027 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,570,000 1,615 0.1%
TransCanada Corp. 154,040 9,326 0.8%
TransCanada Corp. 4.00% Pfd. Series 7 13,293 251 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 11,263 223 0.0%
TransCanada Corp. Pfd. Series 15 201,425 5,128 0.4%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 2,650,000 2,751 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 2,500,000 2,570 0.2%
Trillium Windpower LP 5.803% 02-15-2033 1,225,951 1,363 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 730,000 988 0.1%
Unilever NV CVA 35,700 1,973 0.2%
Union Gas Ltd. 2.81% 06-01-2026 Callable 2,610,000 2,608 0.2%
Union Gas Ltd. 3.19% 09-17-2025 Callable 2,800,000 2,903 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 730,000 723 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 8,550,000 11,751 1.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,584,005 2,138 0.2%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 477,000 498 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 360,000 374 0.0%
Veresen Inc. 169,697 2,225 0.2%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 3,440,000 4,252 0.4%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 200,000 207 0.0%
Visa Inc. Class A 21,800 2,285 0.2%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 490,000 497 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 870,000 884 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 740,000 964 0.1%
Wells Fargo & Co. 67,500 4,998 0.4%
Wells Fargo & Co. 2.222% 03-15-2021 5,330,000 5,331 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 1,850,000 1,819 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,823,000 1,778 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 2,660,000 2,731 0.2%
Wells Fargo Canada Corp. 3.04% 01-29-2021 2,420,000 2,522 0.2%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 3,520,000 3,778 0.3%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 1,097,250 1,484 0.1%
WestJet Airlines Ltd. 69,996 1,613 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 1,060,000 1,424 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 660,000 649 0.1%
Total Investments -- 1,148,994 99.4%
Cash & Equivalents -- 5,815 0.5%
Currency Hedge Contracts -- 347 0.0%
Other Assets (Liabilities) -- 1,339 0.1%
Total Net Assets -- 1,156,495 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 16.1% | FI : 52.3%
    68.4%
      United States
    EQ : 8.2% | FI : 9.1%
    17.3%
      Other
    EQ : 4.9% | FI : 3.9%
    8.8%
      United Kingdom
    EQ : 1.2%
    1.2%
      Germany
    EQ : 1.0%
    1.0%
      Australia
    FI : 0.9%
    0.9%
      Denmark
    FI : 0.9%
    0.9%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Corporate Bonds 34.9%
      Equities 31.6%
      Provincial Bonds 12%
      Federal Bonds 7%
      Bank Loans 4.7%
      Mortgage Backed 3.2%
      Foreign Fixed Income 2.8%
      Cash & Equivalents 1.5%
      Mutual&Pooled 1.2%
      Other 0.7%
      Municipal Bonds 0.4%
Credit Allocation (%)
AAA 15.7%
AA 11.7%
A 18%
BBB 13.5%
BB 1.9%
B 3.8%
C 0.2%
NR 2.1%
Cash & Equivalents 1.5%
Equities 31.6%

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

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).