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 April 30, 2017
Major holdings represent 18.1% of the fund.
View all holdings
Total # of
Equity Holdings
136
Total # of
Fixed Income Holdings
255
Holding name, country and sector Percentage of holding in fund
Mackenzie Global Credit Opportunities SR R
Canada | Pooled Funds
4.2%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.7%
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%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
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%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.0%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.0%
Royal Bank of Canada
Canada | Diversified Banks
0.9%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 8,400 2,079 0.2%
407 International Inc. 2.43% 05-04-2027 Callable MTN 1,760,000 1,733 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 1,590,000 1,550 0.1%
Abbott Laboratories 34,000 2,036 0.2%
AbbVie Inc. 27,800 2,284 0.2%
Access Justice Durham 5.015% 08-31-2039 3,612,020 4,138 0.4%
Admiral Group PLC 66,459 2,001 0.2%
Agrium Inc. 21,750 2,785 0.2%
Air Liquide SA 20,730 2,972 0.3%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,810,000 1,868 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 570,000 623 0.1%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 8,870,000 9,318 0.8%
Alimentation Couche-Tard Inc. 3.32% 11-01-2019 Callable 2,970,000 3,100 0.3%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 2,010,000 2,088 0.2%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 1,690,000 1,823 0.2%
Alimentation Couche-Tard Inc. Class B Sub. voting 72,000 4,252 0.4%
Allergan PLC 10,400 3,382 0.3%
Allied Properties Real Estate Investment Trust 49,014 1,716 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,510,000 1,571 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 1,389,000 1,442 0.1%
AltaGas Ltd. 3.72% 09-28-2021 Callable 2,100,000 2,232 0.2%
AltaGas Ltd. Pfd. Series K 110,450 2,765 0.2%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 1,665,000 1,656 0.1%
Altria Group Inc. 26,029 2,590 0.2%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 2,830,000 0.0%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 2,010,000 2,728 0.2%
Anheuser-Busch InBev NV 10,649 1,547 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 1,070,000 1,381 0.1%
Apple Inc. 15,500 2,821 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 1,990,000 2,688 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 2,200,000 2,302 0.2%
ARC Resources Ltd. 119,954 2,375 0.2%
Arrow Lakes Power Corp. 5.516% 04-05-2041 307,049 352 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 1,310,000 1,336 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 498,750 669 0.1%
Atlantia SPA 66,600 2,071 0.2%
Atlas Copco AB A 47,923 2,084 0.2%
Aviva PLC 4.50% 05-10-2021 1,120,000 1,203 0.1%
Bank of America Corp. 3.95% 04-21-2025 390,000 520 0.0%
Bank of Montreal 93,981 9,472 0.8%
Bank of Montreal 1.61% 10-28-2021 DPNT 5,450,000 5,406 0.5%
Bank of Montreal 1.88% 03-31-2021 DPNT 4,420,000 4,450 0.4%
Bank of Montreal 3.32% 06-01-2026 3,960,000 4,096 0.3%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 3,780,000 3,910 0.3%
Barrick Gold Corp. 68,064 1,668 0.1%
Bayer AG 16,274 2,377 0.2%
BCE Inc. 37,058 2,147 0.2%
Becton, Dickinson and Co. 13,955 3,393 0.3%
Bell Canada 2.7% 02-27-2024 Callable 2,830,000 2,847 0.2%
Bell Canada 4.45% 02-27-2047 Callable 2,330,000 2,353 0.2%
BP Capital Markets PLC 3.497% 11-09-2020 2,470,000 2,609 0.2%
British American Tobacco PLC 43,161 3,612 0.3%
Broadcom Ltd. 14,700 4,119 0.4%
Brookfield Asset Management Inc. 3.95% 04-09-2019 3,800,000 3,974 0.3%
Brookfield Asset Management Inc. Class A limited voting 126,709 6,062 0.5%
Brookfield Asset Management Inc. Pfd. Series 46 79,761 2,058 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,780,000 1,810 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 4,620,000 4,813 0.4%
Brookfield Renewable Partners LP Pfd. Series 11 123,780 3,073 0.3%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 640,000 872 0.1%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 1,200,000 1,217 0.1%
Bruce Power LP 2.84% 06-23-2021 4,310,000 4,434 0.4%
Bruce Power LP 3.97% 06-23-2026 770,000 814 0.1%
Bureau Veritas SA 54,000 1,368 0.1%
CAE Inc. 46,080 919 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 3,670,000 3,709 0.3%
Cameco Corp. 5.67% 09-02-2019 Series D 2,600,000 2,796 0.2%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 1,276,800 1,719 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 2,740,000 2,683 0.2%
Canada Housing Trust No. 1 2.35% 06-15-2027 13,940,000 14,088 1.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 1,237,714 1,251 0.1%
Canadian Commercial Mortgage Origination Trust 2.658% 11-12-2017 1,381,262 1,387 0.1%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 3,710,000 3,730 0.3%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 2,000,000 2,017 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 5,690,000 5,895 0.5%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 1,040,000 1,062 0.1%
Canadian National Railway Co. 13,000 1,201 0.1%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 3,180,000 3,287 0.3%
Canadian Natural Resources Ltd. 127,074 4,840 0.4%
Canadian Pacific Railway Ltd. 32,868 6,423 0.5%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 510,000 523 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 980,000 1,045 0.1%
Canadian Tire Corp. Ltd. Class A non-voting 15,344 2,337 0.2%
Canadian Utilities Ltd. Class A non-voting 27,380 979 0.1%
Cards II Trust 2.155% 10-15-2020 3,910,000 3,988 0.3%
Cenovus Energy Inc. 48,625 817 0.1%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 3,010,000 0.0%
CETIP SA - Mercados Organizados 147,308 2,949 0.3%
Chemtrade Logistics Income Fund 47,677 872 0.1%
Chemtrade Logistics Income Fund Subscription Receipts 75,550 1,394 0.1%
China Mobile Ltd. 124,700 1,827 0.2%
CHIP Mortgage Trust 2.33% 04-29-2020 750,000 745 0.1%
Chip Mortgage Trust 2.98% 11-15-2021 840,000 838 0.1%
Choice Properties LP 3.60% 09-20-2021 1,620,000 1,711 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 4,240,000 4,507 0.4%
Cielo SA 98,976 1,154 0.1%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 746,250 999 0.1%
Citigroup Inc. 3.39% 11-18-2021 1,757,000 1,847 0.2%
City of Montreal 2.75% 09-01-2026 5,160,000 5,185 0.4%
CME Group Inc. 16,900 2,727 0.2%
Cogeco Communications Inc. 13,600 976 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 3,530,802 3,858 0.3%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 2,740,000 2,811 0.2%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 1,000,000 1,025 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 1,790,000 1,907 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 1,320,000 1,751 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 1,300,000 1,814 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 899,496 1,200 0.1%
Compagnie Financiere Richemont SA 20,861 2,041 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 468,798 623 0.1%
Corus Entertainment Inc. Class B non-voting 38,383 488 0.0%
Crescent Point Energy Corp. 215,468 3,148 0.3%
Croda International PLC 16,040 927 0.1%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 2,230,000 2,247 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,619,476 2,189 0.2%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,130,000 1,134 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 1,750,000 1,768 0.2%
Danske Bank AS 2.75% 09-17-2020 144A 620,000 833 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 1,540,000 2,069 0.2%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 606,254 775 0.1%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 1,256,850 1,682 0.1%
Deutsche Boerse AG 35,623 4,054 0.3%
DH Corp. 33,900 773 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 860,000 869 0.1%
Diageo PLC 25,500 953 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 220,000 307 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 440,000 632 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 440,000 645 0.1%
dorma+kaba Holding AG 50 55 0.0%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 840,000 1,050 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 1,450,000 1,475 0.1%
Element Fleet Management Corp. 150,500 2,118 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 3,730,000 3,690 0.3%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 1,340,000 1,415 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 66,030 1,193 0.1%
Enbridge Inc. 4.24% 08-27-2042 2,230,000 2,134 0.2%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,820,000 1,945 0.2%
Enbridge Income Fund Holdings Inc. 4.10% 02-22-2019 Callable 1,590,000 1,666 0.1%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 1,820,000 1,849 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 1,810,000 1,852 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,400,000 1,485 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 1,710,000 1,804 0.2%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 1,710,000 1,964 0.2%
Fanuc Corp. 8,100 2,118 0.2%
FLIR Systems Inc. 74,708 3,643 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 568,575 758 0.1%
Ford Credit Canada Ltd. 2.45% 05-07-2020 2,110,000 2,136 0.2%
Fortified Trust 1.67% 07-23-2021 2,350,000 2,341 0.2%
Fortis Inc. 86,849 3,659 0.3%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 1,340,000 1,363 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 820,000 873 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 510,000 466 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 1,173,449 1,091 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 590,000 789 0.1%
Futures Contracts -341 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 642,857 849 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 3,198,694 3,071 0.3%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 1,120,000 1,514 0.1%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 740,000 993 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 820,000 820 0.1%
General Electric Co. 83,400 3,302 0.3%
Genesis Trust II 1.699% 04-15-2020 2,230,000 2,245 0.2%
Genesis Trust II 2.43% 05-15-2019 2,040,000 2,087 0.2%
Genworth MI Canada Inc. 39,200 1,487 0.1%
Gibson Energy Inc. 93,204 1,733 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 960,000 1,002 0.1%
Glacier Credit Card Trust 2.237% 09-20-2020 1,810,000 1,842 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 1,520,000 1,943 0.2%
Goldcorp Inc. 201,659 4,245 0.4%
Government of Bermuda 4.854% 02-06-2024 4,210,000 5,896 0.5%
Government of Canada 1.00% 06-01-2027 160,000 149 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 13,310,000 16,358 1.3%
Government of Canada 2.75% 12-01-2048 19,350,000 21,125 1.7%
Government of Canada 3.50% 12-01-2045 19,290,000 23,784 1.9%
Government of Canada 4.00% 12-01-2031 Real Return 1,660,000 3,552 0.3%
Government of Portugal 5.125% 10-15-2024 3,690,000 4,760 0.4%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 2,650,000 2,750 0.2%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 2,070,000 2,127 0.2%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 920,000 966 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 1,720,119 2,234 0.2%
H&R Real Estate Investment Trust 64,938 1,533 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,810,000 1,821 0.2%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,990,000 2,009 0.2%
Hang Lung Properties Ltd. 769,600 2,581 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 200,000 238 0.0%
Harley-Davidson Inc. 23,700 1,775 0.2%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 1,390,000 1,455 0.1%
Heathrow Funding Ltd. 3.25% 05-21-2025 2,190,000 2,261 0.2%
Heineken Holding NV A 23,986 2,420 0.2%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 385,714 517 0.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 964,286 1,294 0.1%
Hollis Receivables Term Trust II 1.788% 02-26-2020 2,530,000 2,553 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 3,530,000 3,613 0.3%
Honda Canada Finance Inc. 2.155% 02-18-2021 1,840,000 1,866 0.2%
Honda Canada Finance Inc. 2.27% 07-15-2022 1,420,000 1,435 0.1%
Honeywell International Inc. 12,500 2,067 0.2%
HSBC Bank Canada 2.449% 01-29-2021 1,060,000 1,087 0.1%
HSBC Holdings PLC 260,000 2,769 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 2,680,000 2,730 0.2%
Hydro One Inc. 3.72% 11-18-2047 970,000 964 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 1,760,000 1,803 0.2%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 1,530,000 1,736 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2025 2,300,000 1,880 0.2%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 1,105,000 1,549 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 940,000 956 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 1,070,000 1,424 0.1%
Intact Financial Corp. 28,306 2,665 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 1,055,862 1,406 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 420,000 554 0.0%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 2,860,000 2,918 0.2%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 2,090,000 2,147 0.2%
International Finance Corp. 3.625% 05-20-2020 2,100,000 2,044 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 2,729,218 3,523 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 3,840 301 0.0%
Japan Tobacco Inc. 53,000 2,353 0.2%
Jardine Matheson Holdings Ltd. 17,400 1,437 0.1%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 1,470,000 1,961 0.2%
JCDecaux SA 1,734 74 0.0%
Johnson & Johnson 19,600 3,182 0.3%
JPMorgan Chase & Co. 30,300 3,647 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 3,100,000 3,244 0.3%
KAR Auction Services Inc. 30,200 1,798 0.2%
Killam Apartment Real Estate Investment Trust 98,494 1,249 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 560,000 751 0.1%
Koninklijke Philips NV 53,994 2,168 0.2%
Kweichow Moutai Co. Ltd. 23,574 1,617 0.1%
Labrador Iron Ore Royalty Corp. 47,500 904 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 2,139,559 2,845 0.2%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 1,860,000 1,900 0.2%
Lawson Inc. 18,800 1,722 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 552,000 739 0.1%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 1,389,600 1,327 0.1%
Loblaw Companies Ltd. 43,858 3,038 0.3%
Lockheed Martin Corp. 7,300 2,585 0.2%
London Stock Exchange Group PLC 1,871 95 0.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 320,000 311 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 860,000 926 0.1%
Luxottica Group SPA 611 43 0.0%
Mackenzie Global Tactical Bond Fund Series R 790,110 7,778 0.7%
Mackenzie Unconstrained Fixed Income Fund Series R 635,624 6,559 0.6%
Magna International Inc. 75,182 4,270 0.4%
Manulife Bank of Canada 1.92% 09-01-2021 2,110,000 2,104 0.2%
Manulife Financial Corp. 377,281 8,953 0.8%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 710,000 973 0.1%
MCAP Services Corp. 1.85% 03-01-2018 608,996 613 0.1%
McDonald's Corp. 16,560 2,808 0.2%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 4,330,868 4,294 0.4%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 11,844,556 11,743 1.0%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,289,961 1,286 0.1%
Metropolitan Life Global Funding I 3.11% 04-16-2021 510,000 533 0.0%
Mexican Bonos 5.00% 12-11-2019 103,900,000 6,541 0.6%
Microsoft Corp. 57,600 4,895 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 1,820,000 1,826 0.2%
Monsanto Co. 15,700 2,374 0.2%
Moody's Corp. 18,300 2,707 0.2%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 3,230,000 3,259 0.3%
Motorola Solutions Inc. 28,500 2,990 0.3%
Mullen Group Ltd. 98,588 1,646 0.1%
National Bank of Canada 2.105% 03-18-2022 4,150,000 4,192 0.4%
NBC Asset Trust 7.447% Perpetual (F/R @ 06-30-2020) Callable 2020 3,000,000 3,467 0.3%
Nestlé SA Reg. 34,636 3,401 0.3%
Nielsen Holdings PLC 15,600 919 0.1%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 490,000 490 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,499,829 1,679 0.1%
Northern Trust Corp. 17,400 2,019 0.2%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 1,130,000 1,497 0.1%
Northland Power Inc. 74,398 1,820 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 1,603,526 2,114 0.2%
Novo Nordisk AS B 50,473 2,381 0.2%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 790,000 1,092 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 410,000 564 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 1,020,000 1,192 0.1%
Nykredit Realkredit AS 1.00% 01-01-2021 41,440,000 8,167 0.7%
Oaktree Capital Group LLC 42,891 2,547 0.2%
Occidental Petroleum Corp. 26,600 2,316 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,980,000 1,747 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 750,000 997 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 2,270,000 2,341 0.2%
OMERS Realty Corp. 3.328% 11-12-2024 1,500,000 1,587 0.1%
Ontario Hydro 0% 05-26-2025 2,060,000 1,662 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 1,710,000 1,743 0.1%
Oracle Corp. 51,500 2,914 0.2%
Outfront Media Inc. 52,506 1,810 0.2%
Owens & Minor Inc. 48,948 2,346 0.2%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 670,000 707 0.1%
Pembina Pipeline Corp. 80,031 3,435 0.3%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 2,900,000 2,929 0.2%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,670,000 1,726 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 4,120,000 4,389 0.4%
Pernod Ricard SA 6,611 1,004 0.1%
Philip Morris International Inc. 26,900 3,907 0.3%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 596,662 799 0.1%
Potash Corp. of Saskatchewan Inc. 101,415 2,337 0.2%
Province of Alberta 3.30% 12-01-2046 10,210,000 10,160 0.9%
Province of British Columbia 2.30% 06-18-2026 4,600,000 4,600 0.4%
Province of British Columbia 2.80% 06-18-2048 9,800,000 9,090 0.8%
Province of Manitoba 2.85% 09-05-2046 7,440,000 6,688 0.6%
Province Of Manitoba 3.40% 09-05-2048 6,410,000 6,453 0.5%
Province Of Onatrio 2.60% 06-02-2027 2,750,000 2,770 0.2%
Province of Ontario 0% 06-02-2026 2,550,000 1,996 0.2%
Province of Ontario 0% 07-13-2022 4,050,000 3,642 0.3%
Province of Ontario 0% 12-02-2023 14,790,000 12,682 1.1%
Province of Ontario 2.90% 12-02-2046 24,440,000 22,802 1.8%
Province of Quebec 0% 04-01-2026 2,720,000 2,133 0.2%
Province Of Quebec 2.75% 09-01-2027 4,860,000 4,953 0.4%
Province of Quebec 3.50% 12-01-2045 30,510,000 31,726 2.6%
Province of Quebec 3.50% 12-01-2048 4,356,000 4,574 0.4%
Province of Quebec 4.25% 12-01-2031 Real Return 2,890,000 5,407 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 9 820,000 820 0.1%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 720,000 981 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 77,000 82 0.0%
Reliance LP 3.813% 09-15-2020 1,240,000 1,260 0.1%
Reliance LP 5.187% 03-15-2019 3,700,000 3,864 0.3%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 1,070,000 1,437 0.1%
RioCan Real Estate Investment Trust 66,684 1,779 0.2%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 540,000 547 0.0%
Roche Holding AG Genusscheine 8,600 2,783 0.2%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 6,760,000 7,632 0.6%
Rogers Communications Inc. Class B non-voting 87,031 4,853 0.4%
Royal Bank of Canada 110,762 10,686 0.9%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 2,690,000 2,663 0.2%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 2,110,000 2,130 0.2%
Royal Bank of Canada 3.31% 01-20-2026 7,310,000 7,546 0.6%
Sabre Corp. 87,000 2,532 0.2%
Safran SA 32,173 3,040 0.3%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 940,000 1,256 0.1%
Sands China Ltd. 454,500 2,520 0.2%
SAP AG 22,435 2,777 0.2%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 760,000 772 0.1%
Schindler Holding AG PC 10,674 2,741 0.2%
Schlumberger Ltd. 24,500 2,615 0.2%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 2,244,625 2,193 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 568,575 768 0.1%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 750,000 1,001 0.1%
Shaw Communications Inc. Class B non-voting 108,950 3,011 0.3%
SNC-Lavalin Group Inc. 57,468 3,108 0.3%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 2,200,000 2,717 0.2%
Spy Hill Power LP 4.14% 03-31-2036 1,187,425 1,228 0.1%
Sun Life Financial Inc. 40,225 1,939 0.2%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 2,770,000 2,872 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 3,210,000 3,287 0.3%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 3,510,000 3,575 0.3%
Suncor Energy Inc. 132,287 5,470 0.5%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 570,000 580 0.0%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 661,625 891 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 2,400,000 3,170 0.3%
TD Securities Inc. 1.45% 12-01-2021 1,602,712 1,594 0.1%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 890,000 1,180 0.1%
Teck Resources Ltd. Class B 76,200 2,023 0.2%
Telefonica Deutschland Holding AG 425,178 2,479 0.2%
Tencent Holdings Ltd. 38,400 1,360 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 730,000 961 0.1%
The Bank of Nova Scotia 161,278 12,425 1.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 5,070,000 5,085 0.4%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 4,590,000 4,660 0.4%
The Bank of Nova Scotia 6.45% 01-01-2025 6,548,764 7,995 0.7%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 5,020,000 5,288 0.5%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 6,460,000 6,244 0.5%
The Kraft Heinz Co. 19,800 2,407 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 1,770,000 1,792 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 1,280,000 1,308 0.1%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 4,700,000 4,801 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 210,000 265 0.0%
The Sherwin-Williams Co. 4,500 1,844 0.2%
The Toronto-Dominion Bank 203,564 13,936 1.1%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 5,400,000 5,331 0.5%
The Toronto-Dominion Bank 2.05% 12-01-2022 1,266,867 1,276 0.1%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 4,710,000 4,767 0.4%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 2,030,000 2,073 0.2%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 4,680,000 5,276 0.4%
The Toronto-Dominion Bank 5.375% 07-01-2028 1,885,353 2,211 0.2%
The Toronto-Dominion Bank 6.125% 12-01-2024 3,404,960 4,111 0.4%
The Weir Group PLC 53,580 1,662 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 2,050,000 2,256 0.2%
Tong Ren Tang Technologies Co. Ltd. 399,200 973 0.1%
Toyota Canada Credit Inc. 2.02% 02-28-2022 3,730,000 3,745 0.3%
Toyota Credit Canada Inc. 2.20% 02-25-2021 2,090,000 2,124 0.2%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 779,661 1,005 0.1%
TransAlta Corp. 5.00% 11-25-2020 1,570,000 1,651 0.1%
TransAlta Corp. Pfd. Series A 103,320 1,355 0.1%
TransCanada Corp. 155,536 9,497 0.8%
TransCanada Corp. 4.00% Pfd. Series 7 13,293 293 0.0%
TransCanada Corp. Pfd. Series 15 201,425 5,183 0.4%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 2,650,000 2,798 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 2,500,000 2,582 0.2%
Trillium Windpower LP 5.803% 02-15-2033 1,207,498 1,407 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 1,828,175 2,446 0.2%
Unilever NV CVA 32,800 2,059 0.2%
Union Gas Ltd. 2.81% 06-01-2026 Callable 2,610,000 2,651 0.2%
Union Gas Ltd. 3.19% 09-17-2025 Callable 2,800,000 2,941 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 730,000 727 0.1%
United Parcel Service Inc. (UPS) Class B 12,700 1,784 0.2%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 8,550,000 11,973 1.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 1,580,005 2,106 0.2%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 477,000 538 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 360,000 374 0.0%
Veresen Inc. 169,697 2,294 0.2%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 3,440,000 4,200 0.4%
Vestas Wind Systems AS 836 82 0.0%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 23,000 24 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 200,000 209 0.0%
Visa Inc. Class A 21,300 2,488 0.2%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 490,000 534 0.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 870,000 900 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 740,000 949 0.1%
Wells Fargo & Co. 65,500 5,036 0.4%
Wells Fargo & Co. 2.222% 03-15-2021 5,330,000 5,372 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 1,850,000 1,845 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 1,823,000 1,806 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 2,660,000 2,789 0.2%
Wells Fargo Canada Corp. 3.04% 01-29-2021 2,420,000 2,536 0.2%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 819,500 1,095 0.1%
WestJet Airlines Ltd. 69,996 1,526 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 700,000 944 0.1%
WTH Car Rental ULC 1.912% 07-20-2020 660,000 649 0.1%
Total Investments -- 1,156,036 98.4%
Cash & Equivalents -- 1,977 0.2%
Currency Hedge Contracts -- 671 0.1%
Other Assets (Liabilities) -- 15,636 1.3%
Total Net Assets -- 1,174,320 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    EQ : 20.3% | FI : 50.3%
    70.6%
      United States
    EQ : 8.3% | FI : 8.4%
    16.7%
      Other
    EQ : 4.6% | FI : 3.4%
    8.0%
      United Kingdom
    EQ : 1.2%
    1.2%
      Germany
    EQ : 1.0%
    1.0%
      Denmark
    FI : 1.0%
    1.0%
      Australia
    FI : 0.9%
    0.9%
      Cash & Equivalents 0.6%
  • Sector Allocation
      Corporate Bonds 32.6%
      Equities 31.2%
      Provincial Bonds 14.6%
      Mutual&Pooled 5.6%
      Bank Loans 4.8%
      Federal Bonds 4.6%
      Mortgage Backed 3.7%
      Foreign Fixed Income 1.6%
      Other 0.7%
      Cash & Equivalents 0.6%
Credit Allocation (%)
AAA 12.7%
AA 13.3%
A 18.2%
BBB 13.1%
BB 1.2%
B 2.8%
C 0.4%
NR 2.2%
Cash & Equivalents 0.6%
Equities 35.6%

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).