Fund Portfolio – Mackenzie Ivy Canadian Balanced Fund Series A MFC082 MFC612 MFC7021 MFC3160 | Mackenzie Investments

Mackenzie Ivy Canadian Balanced Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of May 31, 2017
Major holdings represent 23.2% of the fund.
View all holdings
Total # of
Equity Holdings
43
Total # of
Fixed Income Holdings
239
Holding name, country and sector Percentage of holding in fund
Hennes & Mauritz AB
Sweden | Apparel Retail
4.1%
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
3.9%
Loblaw Cos Ltd
Canada | Food Retail
3.7%
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
3.7%
Onex Corp
Canada | Multi-Sector Holdings
3.7%
Mackenzie Global Credit Opportunities Fund Series R
Canada | Pooled Funds
1.3%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
0.9%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
0.7%
Canada Housing Trust No. 1 2.35% 06-15-2027
Canada | Federal Government
0.7%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
0.6%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 Callable MTN 500,000 492 0.0%
407 International Inc. 3.60% 05-21-2047 Callable 460,000 448 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 520,000 537 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 450,000 492 0.0%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 1,150,000 1,208 0.1%
Alimentation Couche-Tard Inc. 3.32% 11-01-2019 Callable 760,000 793 0.1%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 570,000 592 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 410,000 442 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 585,133 34,558 3.4%
Allied Properties REIT 3.748% 05-13-2020 Series A 440,000 458 0.0%
Allied Properties REIT 3.93% 11-14-2022 Series B 402,000 417 0.0%
AltaGas Ltd. 3.72% 09-28-2021 Callable 1,440,000 1,531 0.1%
AltaGas Ltd. Pfd. Series K 28,860 722 0.1%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 532,000 529 0.1%
Amcor Ltd. 1,415,800 20,251 2.0%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 730,000 0.0%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 570,000 774 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 310,000 400 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 560,000 756 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 560,000 586 0.1%
Artis Real Estate Investment Trust 3.753% 03-27-2019 350,000 357 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 119,700 160 0.0%
Aviva PLC 4.50% 05-10-2021 330,000 354 0.0%
Bank of America Corp. 3.95% 04-21-2025 110,000 147 0.0%
Bank of Montreal 1.61% 10-28-2021 DPNT 1,510,000 1,498 0.1%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,540,000 1,551 0.2%
Bank of Montreal 3.32% 06-01-2026 1,330,000 1,376 0.1%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 1,270,000 1,314 0.1%
Bell Canada 2.7% 02-27-2024 Callable 750,000 755 0.1%
Bell Canada 4.45% 02-27-2047 Callable 620,000 626 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 1,330,000 1,405 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 830,000 868 0.1%
Brookfield Asset Management Inc. Class A limited voting 922,386 44,127 5.2%
Brookfield Asset Management Inc. Pfd. Series 46 22,200 573 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 530,000 539 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 130,000 135 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 32,370 804 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 180,000 245 0.0%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 320,000 325 0.0%
Bruce Power LP 2.84% 06-23-2021 1,220,000 1,255 0.1%
Bruce Power LP 3.97% 06-23-2026 220,000 232 0.0%
Caisse Centrale Desjardins 2.09% 01-17-2022 960,000 970 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 710,000 764 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 379,050 510 0.0%
Canada Housing Trust No. 1 1.90% 09-15-2026 1,250,000 1,224 0.1%
Canada Housing Trust No. 1 2.35% 06-15-2027 6,370,000 6,437 0.6%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 316,975 320 0.0%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 970,000 975 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 580,000 585 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,410,000 1,461 0.1%
Canadian National Railway Co. 143,100 13,217 1.3%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 910,000 941 0.1%
Canadian Natural Resources Ltd. 455,500 17,350 1.7%
Canadian Real Estate Investment Trust 3.676% 07-24-2018 150,000 154 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 250,000 267 0.0%
Canadian Western Bank 948,595 27,898 2.7%
Cards II Trust 2.155% 10-15-2020 1,140,000 1,163 0.1%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 800,000 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 390,000 387 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 230,000 230 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 1,210,000 1,286 0.1%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 218,900 293 0.0%
Citigroup Inc. 3.39% 11-18-2021 580,000 610 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 900,000 942 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 848,750 927 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 790,000 810 0.1%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 290,000 297 0.0%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 440,000 469 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 355,000 471 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 370,000 516 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 264,088 352 0.0%
Compagnie Financiere Richemont SA 115,432 11,295 1.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 139,642 185 0.0%
Crescent Point Energy Corp. 1,748,700 25,549 2.5%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 620,000 625 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 458,526 620 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 310,000 311 0.0%
Daimler Canada Finance Inc. 1.78% 08-19-2019 520,000 523 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 500,000 505 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 450,000 604 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 176,033 225 0.0%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 369,075 494 0.0%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 250,000 253 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 60,000 84 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 130,000 187 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 130,000 190 0.0%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 240,000 300 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 390,000 397 0.0%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 380,000 401 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 19,310 349 0.0%
Enbridge Inc. 4.24% 08-27-2042 590,000 565 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 530,000 566 0.1%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 470,000 478 0.0%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 470,000 481 0.0%
Enerplus Corp. 2,183,426 25,590 2.5%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 420,000 445 0.0%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 490,000 517 0.1%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 1,450,000 1,647 0.2%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 169,575 226 0.0%
Ford Credit Canada Ltd. 2.45% 05-07-2020 600,000 607 0.1%
Fortified Trust 1.67% 07-23-2021 690,000 687 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 230,000 245 0.0%
Fortive Corp. 84,540 6,474 0.6%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 292,187 272 0.0%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 170,000 217 0.0%
Futures Contracts -82 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 188,571 249 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 877,726 843 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 240,000 240 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 220,000 230 0.0%
Gildan Activewear Inc. 516,941 17,395 1.7%
Glacier Credit Card Trust 2.237% 09-20-2020 510,000 519 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 440,000 563 0.1%
Government of Bermuda 4.854% 02-06-2024 1,250,000 1,751 0.2%
Government of Canada 1.00% 06-01-2027 7,520,000 6,999 0.7%
Government of Canada 1.25% 12-01-2047 Real Return 3,940,000 4,842 0.5%
Government of Canada 2.75% 12-01-2048 2,280,000 2,489 0.2%
Government of Canada 3.50% 12-01-2045 2,500,000 3,083 0.3%
Government of Portugal 5.125% 10-15-2024 1,030,000 1,329 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 750,000 778 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 585,000 601 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 250,000 262 0.0%
Great-West Lifeco Inc.* 573,323 20,777 2.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 505,859 657 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 500,000 503 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 520,000 525 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 60,000 71 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 410,000 429 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 345,000 356 0.0%
Hennes & Mauritz AB B 721,067 25,316 2.5%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 100,000 134 0.0%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 250,000 335 0.0%
Henry Schein Inc. 66,668 15,193 1.5%
Hollis Receivables Term Trust II 1.788% 02-26-2020 480,000 484 0.0%
Honda Canada Finance Inc. 2.155% 02-18-2021 530,000 537 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 370,000 374 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 750,000 764 0.1%
Hydro One Inc. 3.72% 11-18-2047 270,000 268 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 510,000 523 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 460,000 522 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2025 640,000 523 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 325,000 455 0.0%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 280,000 285 0.0%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 280,000 373 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 315,812 421 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 120,000 158 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 610,000 627 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 789,538 1,019 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 1,020 80 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 390,000 520 0.1%
Johnson & Johnson 130,500 21,185 2.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 810,000 848 0.1%
Keyera Corp. 525,431 20,550 2.0%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 150,000 201 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 608,050 809 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 540,000 552 0.1%
Linamar Corp. 256,326 15,118 1.5%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 160,000 214 0.0%
Loblaw Companies Ltd. 586,785 40,641 4.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 90,000 88 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 230,000 248 0.0%
Mackenzie Unconstrained Fixed Income Fund Series R 175,523 1,811 0.2%
Manulife Bank of Canada 1.92% 09-01-2021 630,000 628 0.1%
Manulife Financial Corp. 1,104,532 26,211 2.6%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 100,000 137 0.0%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 1,294,394 1,283 0.1%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 3,314,892 3,286 0.3%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,071,806 1,068 0.1%
Metropolitan Life Global Funding I 1.875% 04-16-2020 430,000 433 0.0%
Metropolitan Life Global Funding I 3.11% 04-16-2021 140,000 146 0.0%
Mexican Bonos 5.00% 12-11-2019 29,740,000 1,872 0.2%
Molson Coors International LP 2.25% 09-18-2018 930,000 940 0.1%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 530,000 532 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 850,000 858 0.1%
National Bank of Canada 2.105% 03-18-2022 1,170,000 1,182 0.1%
Nestlé SA Reg. 61,704 6,058 0.6%
Nike Inc. Class B 322,200 24,464 2.4%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 140,000 140 0.0%
North Battleford Power LP 4.958% 12-31-2032 374,957 420 0.0%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 310,000 411 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 453,105 597 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 230,000 318 0.0%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 30,000 41 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 300,000 351 0.0%
Nykredit Realkredit AS 1.00% 01-01-2021 12,330,000 2,430 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 830,000 486 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 220,000 292 0.0%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 660,000 681 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 850,000 899 0.1%
Omnicom Group Inc. 220,368 24,911 2.4%
Onex Corp. Sub. voting 377,052 35,243 3.5%
Ontario Hydro 0% 05-26-2025 590,000 476 0.0%
OPB Finance Trust 2.98% 01-25-2027 Series F 450,000 459 0.0%
Oracle Corp. 484,500 27,410 2.7%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 190,000 201 0.0%
Pembina Pipeline Corp. 854,806 36,688 3.6%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 802,000 810 0.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 500,000 517 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 1,170,000 1,246 0.1%
PepsiCo Inc. 45,026 6,602 0.6%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 179,946 241 0.0%
Power Financial Corp.* 608,200 20,952 2.1%
Province of Alberta 3.30% 12-01-2046 2,760,000 2,746 0.3%
Province of British Columbia 2.30% 06-18-2026 1,350,000 1,350 0.1%
Province of British Columbia 2.80% 06-18-2048 2,730,000 2,532 0.2%
Province of Manitoba 2.85% 09-05-2046 2,190,000 1,969 0.2%
Province Of Manitoba 3.40% 09-05-2048 2,220,000 2,235 0.2%
Province Of Onatrio 2.60% 06-02-2027 1,870,000 1,884 0.2%
Province of Ontario 0% 06-02-2024 1,270,000 1,069 0.1%
Province of Ontario 0% 06-02-2026 720,000 564 0.1%
Province of Ontario 2.90% 12-02-2046 7,230,000 6,746 0.7%
Province of Quebec 0% 04-01-2026 770,000 604 0.1%
Province Of Quebec 2.75% 09-01-2027 2,640,000 2,691 0.3%
Province of Quebec 3.50% 12-01-2045 7,910,000 8,225 0.8%
Province of Quebec 3.50% 12-01-2048 2,010,000 2,111 0.2%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 230,000 230 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 195,000 266 0.0%
Raging River Exploration Inc. 3,073,622 27,632 2.7%
Reliance LP 3.813% 09-15-2020 350,000 356 0.0%
Reliance LP 5.187% 03-15-2019 230,000 240 0.0%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 280,000 376 0.0%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 140,000 142 0.0%
Royal Bank of Canada 240,300 23,184 2.3%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 790,000 782 0.1%
Royal Bank of Canada 1.65% 07-15-2021 1,640,000 1,631 0.2%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 630,000 636 0.1%
Royal Bank of Canada 3.31% 01-20-2026 2,110,000 2,178 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 260,000 348 0.0%
Saputo Inc. 104,869 4,783 0.5%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 210,000 213 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 669,449 654 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 169,575 229 0.0%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 200,000 267 0.0%
Shaw Communications Inc. Class B non-voting 1,178,203 32,566 3.2%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 630,000 778 0.1%
Spy Hill Power LP 4.14% 03-31-2036 289,844 300 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 790,000 819 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 940,000 962 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 1,000,000 1,019 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 150,000 153 0.0%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 197,500 266 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 700,000 925 0.1%
TD Securities Inc. 1.45% 12-01-2021 455,091 453 0.0%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 230,000 305 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 200,000 263 0.0%
The Bank of Nova Scotia 313,193 24,128 2.4%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,700,000 1,705 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 1,290,000 1,310 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 1,470,000 1,548 0.2%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 1,010,000 1,053 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,110,000 1,073 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 500,000 506 0.0%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 380,000 388 0.0%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 1,370,000 1,400 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 60,000 76 0.0%
The Procter & Gamble Co. 75,460 9,129 0.9%
The Standard Life Assurance Co. of Canada F/R 09-21-2022 Callable 2017 370,000 375 0.0%
The Toronto-Dominion Bank 349,688 23,940 2.3%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 1,620,000 1,599 0.2%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,330,000 1,346 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 550,000 562 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 1,380,000 1,556 0.2%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 530,000 555 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 610,000 671 0.1%
Toyota Canada Credit Inc. 2.02% 02-28-2022 800,000 803 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 610,000 620 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 223,718 288 0.0%
TransAlta Corp. 5.00% 11-25-2020 400,000 421 0.0%
TransAlta Corp. Pfd. Series A 27,010 354 0.0%
TransCanada Corp. 4.00% Pfd. Series 7 3,700 81 0.0%
TransCanada Corp. Pfd. Series 15 56,069 1,443 0.1%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 740,000 781 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 600,000 620 0.1%
Trillium Windpower LP 5.803% 02-15-2033 308,683 360 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 529,475 708 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 750,000 762 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 840,000 882 0.1%
United Parcel Service Inc. (UPS) Class B 131,037 18,409 1.8%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 2,190,000 3,067 0.3%
US 10-year Treasury Note Future Put Option @ $120 (Exp. 04-21-2017) 1,356 113 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 464,426 619 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 140,000 158 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 100,000 104 0.0%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,010,000 1,233 0.1%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 7,000 7 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 140,000 152 0.0%
W.W. Grainger Inc. 61,800 20,356 2.0%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 230,000 238 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 220,000 282 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,580,000 1,592 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 550,000 549 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 530,000 525 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 790,000 828 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 720,000 755 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 238,400 318 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 190,000 256 0.0%
WTH Car Rental ULC 1.912% 07-20-2020 190,000 187 0.0%
Total Investments -- 1,005,550 98.5%
Cash & Equivalents -- 12,590 1.2%
Currency Hedge Contracts -- 269 0.0%
Other Assets (Liabilities) -- 2,685 0.3%
Total Net Assets -- 1,021,094 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2017
  • Regional Allocation
      Canada
    EQ : 51.2% | FI : 15.6%
    66.8%
      United States
    EQ : 20.9% | FI : 3.2%
    24.1%
      Sweden
    EQ : 4.1%
    4.1%
      Australia
    EQ : 2.4% | FI : 0.2%
    2.6%
      Other
    EQ : 0.9% | FI : 1.0%
    1.9%
      Denmark
    FI : 0.3%
    0.3%
      Cash & Equivalents 0.2%
  • Sector Allocation
      Financials 21.7%
      Fixed Income 20.4%
      Consumer Discretionary 16.2%
      Energy 14.8%
      Consumer Staples 10.6%
      Industrials 5.4%
      Health Care 5.2%
      Information Technology 3%
      Materials 2.4%
      Cash & Equivalents 0.2%
      Utilities 0.1%
Credit Allocation (%)
AAA 3.4%
AA 4%
A 6.1%
BBB 3.9%
BB 0.8%
B 1.3%
C 0.2%
NR 0.7%
Cash & Equivalents 0.3%
Equities 79.4%

Other Canadian Balanced Funds

Portfolio Managers

Paul Musson, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Ivy Team

Investment experience since 1992

Graham Meagher, CFA

Associate Portfolio Manager

Mackenzie Ivy Team

Investment experience since 1999

James Morrison, MBA, CFA

Associate Portfolio Manager

Mackenzie Ivy Team

Investment experience since 2005

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Movin Mokbel, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2000

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 75% S&P/TSX Composite Index and 25% 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).