Mackenzie Income Fund Series B

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of January 31, 2017
Major holdings represent 15.7% of the fund.
View all holdings
Total # of
Equity Holdings
129
Total # of
Fixed Income Holdings
281
Holding name, country and sector Percentage of holding in fund
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
3.8%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.7%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.4%
Canada Housing Trust No. 1 1.90% 09-15-2026
Canada | Federal Government
1.4%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.3%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.2%
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%
Manulife Financial Corp
Canada | Life & Health Insurance
0.8%

Complete Fund Holdings Help Full holdings list

As of November 30, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 8,400 1,936 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,563 0.1%
Abbott Laboratories 42,200 2,156 0.2%
AbbVie Inc. 27,800 2,269 0.2%
Access Justice Durham 5.015% 08-31-2039 3,633,242 4,137 0.4%
Admiral Group PLC 69,537 2,220 0.2%
Agrium Inc. 21,750 2,945 0.3%
Air Liquide SA 21,818 2,995 0.3%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 8,870,000 9,318 0.8%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 2,010,000 2,068 0.2%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 1,690,000 1,821 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 72,000 4,463 0.4%
Allergan PLC 9,500 2,478 0.2%
Allied Properties Real Estate Investment Trust 8,629 292 0.0%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 1,389,000 1,411 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,510,000 1,546 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 2,100,000 2,215 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 195,000 194 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 810,000 1,140 0.1%
Altria Group Inc. 26,029 2,234 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 2,010,000 2,735 0.2%
Anheuser-Busch InBev NV 6,000 837 0.1%
Antero Resources Corp. 5.625% 06-01-2023 Callable 160,000 219 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 2016 640,000 886 0.1%
Apple Inc. 16,600 2,463 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,990,000 2,659 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 2,200,000 2,305 0.2%
ARC Resources Ltd. 81,489 1,917 0.2%
Aretec Group Inc. 11,462 162 0.0%
Aretec Group Inc. Term Loan Exit 2nd Lien F/R 05-23-2021 1,507,977 1,731 0.1%
Arrow Lakes Power Corp. 5.516% 04-05-2041 307,049 356 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 980,000 1,330 0.1%
Atlantia SPA 71,500 2,127 0.2%
Atlas Copco AB A 50,000 2,024 0.2%
Aviva PLC 4.50% 05-10-2021 1,120,000 1,180 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 521 0.0%
Bank of Montreal 93,061 8,239 0.7%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 3,690,000 3,647 0.3%
Bank of Montreal 1.88% 03-31-2021 4,420,000 4,435 0.4%
Bank of Montreal 2.10% 10-06-2020 Series DPNT 4,650,000 4,721 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 2,712 0.2%
Barrick Gold Corp. 90,342 1,820 0.2%
BCE Inc. 55,734 3,226 0.3%
Becton, Dickinson and Co. 13,955 3,168 0.3%
Bell Canada 2.00% 10-01-2021 2,390,000 2,370 0.2%
Bell Canada 3.00% 10-03-2022 Callable 2,020,000 2,088 0.2%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 2,470,000 2,546 0.2%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 690,000 893 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 2,470,000 2,603 0.2%
British American Tobacco PLC 44,100 3,246 0.3%
Broadcom Ltd. 14,300 3,273 0.3%
Brookfield Asset Management Inc. 3.95% 04-09-2019 3,800,000 3,962 0.3%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 3,323 66 0.0%
Brookfield Asset Management Inc. Class A limited voting 125,521 5,615 0.5%
Brookfield Asset Management Inc. Pfd. Series 46 79,761 1,994 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,780,000 1,739 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 4,140,000 4,186 0.4%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 640,000 858 0.1%
Bruce Power LP 2.844% 06-23-2021 2,610,000 2,651 0.2%
Bruce Power LP 3.969% 06-23-2026 770,000 792 0.1%
Bureau Veritas SA 38,400 970 0.1%
CAE Inc. 115,385 2,286 0.2%
Cameco Corp. 5.67% 09-02-2019 Series D 2,600,000 2,783 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 1,280,000 1,726 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 915,000 1,260 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 1,317,109 1,332 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 1,391,724 1,399 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 2,000,000 2,008 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 5,690,000 5,811 0.5%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 3,040,000 3,072 0.3%
Canadian National Railway Co. 51,400 4,616 0.4%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 3,180,000 3,266 0.3%
Canadian Natural Resources Ltd. 121,074 5,488 0.5%
Canadian Pacific Railway Ltd. 31,768 6,532 0.6%
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 1,038 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 27,415 3,836 0.3%
Canadian Utilities Ltd. Class A non-voting 27,128 960 0.1%
Cards II Trust 2.155% 10-15-2020 3,910,000 3,984 0.3%
Cenovus Energy Inc. 107,462 2,232 0.2%
Cenovus Energy Inc. 4.45% 09-15-2042 Callable 2042 820,000 918 0.1%
CETIP SA - Mercados Organizados 176,008 3,096 0.3%
China Mobile Ltd. 113,800 1,671 0.1%
CHIP Mortgage Trust 2.33% 04-29-2020 750,000 743 0.1%
Chip Mortgage Trust 2.98% 11-15-2021 840,000 834 0.1%
Choice Properties LP 3.00% 09-20-2019 880,000 904 0.1%
Choice Properties LP 3.60% 09-20-2021 1,620,000 1,702 0.1%
Choice Properties Real Estate Investment Trust 2.297% 09-14-2020 950,000 956 0.1%
Choice Properties Real Estate Investment Trust 3.196% 03-07-2023 1,420,000 1,448 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 4,240,000 4,435 0.4%
CI Financial Corp. 2.645% 12-07-2020 Callable 1,370,000 1,377 0.1%
Cielo SA 98,976 1,166 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 748,125 975 0.1%
Citigroup Inc. 3.39% 11-18-2021 1,757,000 1,841 0.2%
City of Montreal 2.75% 09-01-2026 5,160,000 5,138 0.4%
CME Group Inc. 18,200 2,758 0.2%
Cogeco Communications Inc. 13,600 878 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,594,715 3,896 0.3%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 2,740,000 2,795 0.2%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 1,790,000 1,896 0.2%
Cominar REIT 4.247% 05-23-2023 1,000,000 1,012 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 2,640,000 3,677 0.3%
Commonwealth of Bahamas 6.95% 11-20-2029 1,300,000 1,924 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 1,601,750 2,164 0.2%
Compagnie Financiere Richemont SA 26,100 2,290 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 470,000 630 0.1%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 1,360,000 1,747 0.2%
Corus Entertainment Inc. Class B non-voting 37,508 455 0.0%
Crescent Point Energy Corp. 215,468 3,685 0.3%
Croda International PLC 24,340 1,331 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 2,229 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,623,626 2,216 0.2%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,141 0.1%
Currency Call Option USD/MXN 01-19-2016 Strike 19.50 5,230,000 422 0.0%
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 2,091 0.2%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 607,797 738 0.1%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 1,260,000 1,708 0.1%
Deutsche Boerse AG 36,000 3,904 0.3%
DH Corp. 26,214 493 0.0%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 860,000 867 0.1%
Diageo PLC 25,500 857 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 304 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 617 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 623 0.1%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 1,890,000 2,523 0.2%
Eagle Credit Card Trust 2.147% 09-17-2020 1,450,000 1,474 0.1%
Element Financial Corp. 92,100 1,032 0.1%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 2,123,125 2,757 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 3,730,000 3,654 0.3%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 1,340,000 1,408 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 38,715 617 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,820,000 1,927 0.2%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 1,590,000 1,667 0.1%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 2,880,000 2,999 0.3%
Equitable Bank 1.52% 05-01-2021 4,392,667 4,372 0.4%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,400,000 1,452 0.1%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 1,710,000 1,921 0.2%
Fanuc Corp. 8,100 1,869 0.2%
FLIR Systems Inc. 76,508 3,688 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 570,000 767 0.1%
Ford Credit Canada Ltd. 2.45% 05-07-2020 2,110,000 2,113 0.2%
Fortified Trust 1.67% 07-23-2021 2,350,000 2,328 0.2%
Fortis Inc. 85,839 3,437 0.3%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 820,000 864 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 510,000 469 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 1,176,474 715 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 590,000 795 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 1,010,000 1,103 0.1%
Futures Contracts 495 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 750,000 998 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 3,206,960 3,071 0.3%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 2016 144A 1,700,000 1,602 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 820,000 818 0.1%
General Electric Co. 93,500 3,861 0.3%
Genesis Trust II 1.699% 04-15-2020 2,230,000 2,236 0.2%
Genesis Trust II 2.433% 05-15-2019 2,040,000 2,090 0.2%
Genworth MI Canada Inc. 39,200 1,281 0.1%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 790,000 1,152 0.1%
Gibson Energy Inc. 108,504 1,980 0.2%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 2016 960,000 997 0.1%
Glacier Credit Card Trust 2.237% 09-20-2020 1,810,000 1,837 0.2%
Goldcorp Inc. 164,087 2,909 0.3%
Government of Bermuda 4.854% 02-06-2024 4,210,000 5,943 0.5%
Government of Canada 0.75% 03-01-2021 217,000 215 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 13,310,000 17,583 1.5%
Government of Canada 1.75% 03-01-2019 6,210,000 6,354 0.5%
Government of Canada 2.75% 06-01-2022 1,820,000 1,977 0.2%
Government of Canada 2.75% 12-01-2048 29,112,000 33,077 2.1%
Government of Canada 3.25% 06-01-2021 50,000 55 0.0%
Government of Canada 4.00% 12-01-2031 Real Return 1,660,000 3,661 0.3%
Government of Portugal 5.125% 10-15-2024 3,690,000 4,794 0.4%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 980,000 1,007 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 920,000 967 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 1,720,119 2,257 0.2%
H&R Real Estate Investment Trust 64,000 1,396 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,810,000 1,798 0.2%
Hang Lung Properties Ltd. 769,600 2,323 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 200,000 207 0.0%
Harley-Davidson Inc. 27,900 2,280 0.2%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 1,390,000 1,431 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,190,000 2,228 0.2%
Heineken Holding NV A 24,100 2,268 0.2%
Hollis Receivables Term Trust II 1.788% 02-26-2020 2,530,000 2,542 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 3,530,000 3,616 0.3%
Honda Canada Finance Inc. 1.631% 08-12-2019 2,670,000 2,675 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 1,840,000 1,858 0.2%
Honeywell International Inc. 12,100 1,851 0.2%
HSBC Bank Canada 2.449% 01-29-2021 1,060,000 1,079 0.1%
HSBC Holdings PLC 263,000 2,806 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,677 0.2%
Hydro One Inc. 3.72% 11-18-2047 970,000 971 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 1,760,000 1,812 0.2%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 1,530,000 1,749 0.2%
Hydro-Quebec Interest Strip 0.00% 02-15-2024 2,530,000 2,130 0.2%
Imperial Brands PLC 23,000 1,324 0.1%
Inception Merger Sub Inc. (Rackspace Hosting Inc.) Term Loan B 1st Lien F/R 10-26-2023 400,000 542 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 2,210,000 2,972 0.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 2,620,000 2,634 0.2%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 630,000 623 0.1%
Intact Financial Corp. 28,137 2,631 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 1,578,528 2,131 0.2%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 350,000 370 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 420,000 544 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 150,000 70 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 2,820,000 2,791 0.2%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 1,650,000 1,656 0.1%
International Finance Corp. 3.625% 05-20-2020 2,100,000 2,035 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 2,736,198 3,471 0.3%
Japan Tobacco Inc. 53,000 2,477 0.2%
Jardine Matheson Holdings Ltd. 17,400 1,264 0.1%
Johnson & Johnson 21,500 3,212 0.3%
JPMorgan Chase & Co. 33,600 3,616 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 1,990,000 2,073 0.2%
KAR Auction Services Inc. 44,800 2,535 0.2%
Killam Apartment Real Estate Investment Trust 34,500 415 0.0%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 560,000 724 0.1%
Kweichow Moutai Co. Ltd. 27,474 1,708 0.1%
Labrador Iron Ore Royalty Corp. 57,100 996 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 1,860,000 1,883 0.2%
Lawson Inc. 18,800 1,757 0.2%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 957,000 1,283 0.1%
Lions Gate Entertainment Corp. Bridge Loan 03-27-2017 Funded 1,100,000 0.0%
Lions Gate Entertainment Corp. Bridge Loan 06-27-2017 Unfunded 5,330,000 0.0%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 690,000 927 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 1,393,200 1,282 0.1%
Loblaw Companies Ltd. 43,858 3,061 0.3%
Lockheed Martin Corp. 7,300 2,599 0.2%
Lower Mattagami Energy LP 2.31% 10-21-2026 320,000 308 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 860,000 916 0.1%
Mackenzie Global Tactical Bond Fund Series R 779,007 7,709 0.7%
Mackenzie Unconstrained Fixed Income Fund Series R 629,150 6,337 0.5%
Magna International Inc. 66,995 3,636 0.3%
Manulife Bank of Canada 1.915% 09-01-2021 2,110,000 2,092 0.2%
Manulife Financial Corp. 374,453 8,758 0.8%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 710,000 949 0.1%
MCAP Commercial LP 3.955% 03-11-2019 1,370,000 1,359 0.1%
MCAP Services Corp. 1.85% 03-01-2018 671,919 677 0.1%
McDonald's Corp. 16,560 2,651 0.2%
Merrill Lynch 1.30% 08-01-2021 4,395,684 4,347 0.4%
Merrill Lynch 1.37% 11-01-2021 4,350,000 4,299 0.4%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,317,136 1,310 0.1%
Metropolitan Life Global Funding I 3.107% 04-16-2021 510,000 528 0.0%
Mexican Bonos 5.00% 12-11-2019 103,900,000 6,482 0.6%
Microsoft Corp. 59,400 4,805 0.4%
Molson Coors International LP 2.25% 09-18-2018 3,330,000 3,364 0.3%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 1,820,000 1,808 0.2%
Monsanto Co. 20,900 2,881 0.2%
Moody's Corp. 19,300 2,604 0.2%
Motorola Solutions Inc. 39,900 4,298 0.4%
MPLX LP 4.5% 07-15-2023 350,000 471 0.0%
Mullen Group Ltd. 94,288 1,692 0.1%
National Bank of Canada 2.105% 03-18-2022 4,150,000 4,167 0.4%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 3,000,000 3,453 0.3%
Nestlé SA Reg. 34,200 3,089 0.3%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 3,970,000 0.0%
Nielsen Holdings PLC 11,600 671 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 1,696 0.1%
Northern Trust Corp. 20,800 2,294 0.2%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 1,130,000 1,513 0.1%
Northland Power Inc. 44,600 969 0.1%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 2,164,020 2,770 0.2%
Novo Nordisk AS B 36,600 1,659 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 890,000 1,208 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 310,000 414 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 1,020,000 1,071 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 41,440,000 8,194 0.7%
Oaktree Capital Group LLC 42,891 2,386 0.2%
Occidental Petroleum Corp. 27,000 2,586 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,980,000 2,185 0.2%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 990 0.1%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 1,290,000 1,273 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 2,270,000 2,332 0.2%
OMERS Realty Corp. 3.328% 11-12-2024 1,500,000 1,580 0.1%
Ontario Hydro 0% 05-26-2025 2,060,000 1,645 0.1%
Oracle Corp. 57,900 3,124 0.3%
Outfront Media Inc. 52,506 1,777 0.2%
Owens & Minor Inc. 48,948 2,228 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 190,000 196 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 670,000 697 0.1%
Patterson Companies Inc. 24,700 1,284 0.1%
Pembina Pipeline Corp. 79,070 3,121 0.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,670,000 1,685 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 4,120,000 4,280 0.4%
Pernod Ricard SA 6,600 928 0.1%
Pfizer Inc. 53,900 2,325 0.2%
Philip Morris International Inc. 26,400 3,128 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 630,000 830 0.1%
Potash Corp. of Saskatchewan Inc. 123,255 3,020 0.3%
Power Corp. of Canada Sub. Voting* 57,900 1,737 0.2%
Province of Alberta 3.30% 12-01-2046 7,650,000 7,723 0.7%
Province of British Columbia 2.80% 06-18-2048 6,820,000 6,502 0.6%
Province of Manitoba 2.85% 09-05-2046 7,440,000 6,816 0.6%
Province of Ontario 0% 06-02-2024 10,490,000 8,776 0.8%
Province of Ontario 0% 06-02-2026 2,550,000 1,987 0.2%
Province of Ontario 0% 07-13-2022 4,050,000 3,623 0.3%
Province of Ontario 0% 12-02-2023 14,790,000 12,586 1.1%
Province of Ontario 2.40% 06-02-2026 15,910,000 15,903 1.4%
Province of Ontario 2.80% 06-02-2048 3,130,000 2,941 0.3%
Province of Ontario 2.90% 12-02-2046 18,110,000 17,312 1.5%
Province of Ontario F/R 10-27-2021 1,130,000 1,127 0.1%
Province of Quebec 0% 04-01-2026 2,720,000 2,108 0.2%
Province of Quebec 2.50% 09-01-2026 15,420,000 15,516 1.3%
Province of Quebec 3.50% 12-01-2045 31,880,000 33,926 2.9%
Province of Quebec 3.50% 12-01-2048 17,430,000 18,730 1.6%
Province of Quebec 4.25% 12-01-2031 Real Return 2,890,000 5,577 0.5%
Province of Quebec 4.50% 12-01-2021 Real Return 950,000 1,525 0.1%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 820,000 818 0.1%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 1,440,000 1,927 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 3,866 0.3%
RioCan Real Estate Investment Trust 65,804 1,762 0.2%
Roche Holding AG Genusscheine 9,300 2,777 0.2%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 6,760,000 7,648 0.7%
Rogers Communications Inc. Class B non-voting 86,243 4,476 0.4%
Royal Bank of Canada 143,662 12,510 1.1%
Royal Bank of Canada 1.583% 09-13-2021 2,690,000 2,650 0.2%
Royal Bank of Canada 1.65% 07-15-2021 3,220,000 3,187 0.3%
Royal Bank of Canada 1.968% 03-02-2022 3,200,000 3,191 0.3%
Royal Bank of Canada 2.03% 03-15-2021 Series DPNT 1,260,000 1,271 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 1,580,000 1,568 0.1%
Royal Bank of Canada 3.31% 01-20-2026 5,730,000 5,824 0.5%
Safran SA 35,900 3,309 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 940,000 1,255 0.1%
Sands China Ltd. 500,500 3,300 0.3%
SAP AG 22,500 2,529 0.2%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 760,000 763 0.1%
Schindler Holding AG PC 11,000 2,617 0.2%
Schlumberger Ltd. 25,700 2,899 0.3%
Schooner Trust 5.192% 03-12-2017 259,324 260 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 2,244,625 2,186 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 570,000 766 0.1%
Select Medical Corp. 6.375% 06-01-2021 Callable 2016 60,000 78 0.0%
Shaw Communications Inc. Class B non-voting 107,744 2,833 0.2%
SNC-Lavalin Group Inc. 53,568 3,049 0.3%
Spy Hill Power LP 4.14% 03-31-2036 1,187,425 1,231 0.1%
Sun Life Financial Inc. 75,809 3,910 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 2,165 0.2%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 3,510,000 3,538 0.3%
Suncor Energy Inc. 131,425 5,622 0.5%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 670,000 908 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 2,400,000 3,166 0.3%
Teck Resources Ltd. Class B 58,800 2,000 0.2%
Telefonica Deutschland Holding AG 489,200 2,573 0.2%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 2016 144A 1,630,000 1,897 0.2%
Tencent Holdings Ltd. 24,600 822 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 620,000 713 0.1%
The Bank of Nova Scotia 159,765 11,845 1.0%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 3,520,000 3,513 0.3%
The Bank of Nova Scotia 2.13% 06-15-2020 2,120,000 2,155 0.2%
The Bank of Nova Scotia 6.45% 01-01-2025 6,637,580 8,127 0.7%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 4,260,000 4,474 0.4%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 4,220,000 4,423 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 6,226 0.5%
The Kraft Heinz Co. 19,800 2,170 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,770,000 1,770 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 1,280,000 1,297 0.1%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 4,700,000 4,775 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 210,000 256 0.0%
The Sherwin-Williams Co. 2,900 1,046 0.1%
The Toronto-Dominion Bank 217,530 13,828 1.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 5,400,000 5,293 0.5%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,290,416 1,293 0.1%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 4,710,000 4,707 0.4%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 3,200,000 3,224 0.3%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 3,510,000 3,858 0.3%
The Toronto-Dominion Bank 5.375% 07-01-2028 1,914,157 2,257 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,450,832 4,180 0.4%
The Weir Group PLC 56,408 1,707 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 2,050,000 2,253 0.2%
Tong Ren Tang Technologies Co. Ltd. 399,200 1,023 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 2,090,000 2,115 0.2%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 779,661 1,003 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,570,000 1,600 0.1%
TransCanada Corp. 169,840 10,246 0.9%
TransCanada Corp. 4.00% Pfd. Series 7 13,293 240 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 11,003 204 0.0%
TransCanada Corp. Pfd. Series 15 201,685 5,024 0.4%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 2,650,000 2,755 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 2,500,000 2,571 0.2%
Trillium Windpower LP 5.803% 02-15-2033 1,225,951 1,398 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 1,300,000 1,754 0.2%
Unilever NV CVA 35,700 1,917 0.2%
Union Gas Ltd. 2.81% 06-01-2026 Callable 2,610,000 2,626 0.2%
Union Gas Ltd. 3.19% 09-17-2025 Callable 2,800,000 2,918 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 730,000 726 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 8,550,000 11,981 1.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,374,005 1,839 0.2%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 2016 144A 300,000 311 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 360,000 380 0.0%
Veresen Inc. 144,497 1,783 0.2%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 3,440,000 4,265 0.4%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 200,000 206 0.0%
Visa Inc. Class A 21,800 2,263 0.2%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 490,000 492 0.0%
VW Credit Canada Inc. 2.45% 11-14-2017 1,140,000 1,150 0.1%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 870,000 880 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 740,000 964 0.1%
Wells Fargo & Co. 73,400 5,214 0.5%
Wells Fargo & Co. 2.222% 03-15-2021 5,330,000 5,350 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 1,850,000 1,830 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,823,000 1,789 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 2,660,000 2,751 0.2%
Wells Fargo Canada Corp. 3.04% 01-29-2021 2,420,000 2,533 0.2%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 3,520,000 3,783 0.3%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 1,097,250 1,479 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 1,370,000 1,839 0.2%
WTH Car Rental ULC 1.912% 07-20-2020 660,000 651 0.1%
Total Investments -- 1,140,816 98.7%
Cash & Equivalents -- 14,202 1.2%
Currency Hedge Contracts -- -218 0.0%
Other Assets (Liabilities) -- 1,577 0.1%
Total Net Assets -- 1,156,377 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of January 31, 2017
  • Regional Allocation
      Canada
    EQ : 16.0% | FI : 51.7%
    67.7%
      United States
    EQ : 8.0% | FI : 9.5%
    17.5%
      Other
    EQ : 4.9% | FI : 4.1%
    9.0%
      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 1.8%
  • Sector Allocation
      Corporate Bonds 36.3%
      Equities 31.1%
      Provincial Bonds 11.7%
      Federal Bonds 6.9%
      Bank Loans 4%
      Mortgage Backed 3%
      Foreign Fixed Income 2.9%
      Cash & Equivalents 1.8%
      Mutual&Pooled 1.2%
      Other 0.7%
      Municipal Bonds 0.4%
Credit Allocation (%)
AAA 15.2%
AA 11.1%
A 19.5%
BBB 12.9%
BB 2.2%
B 4%
C 0.1%
NR 2%
Cash & Equivalents 1.8%
Equities 31.1%

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).