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 February 28, 2017
Major holdings represent 22% of the fund.
View all holdings
Total # of
Equity Holdings
43
Total # of
Fixed Income Holdings
252
Holding name, country and sector Percentage of holding in fund
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
4.4%
Loblaw Cos Ltd
Canada | Food Retail
4.0%
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
3.6%
Onex Corp
Canada | Multi-Sector Holdings
3.5%
Alimentation Couche-Tard Inc
Canada | Food Retail
3.4%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
0.8%
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
0.7%
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
0.6%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.5%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 500,000 484 0.0%
407 International Inc. 3.60% 05-21-2047 Callable 460,000 444 0.0%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 350,000 373 0.0%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 1,150,000 1,206 0.1%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 570,000 585 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 410,000 440 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 571,733 34,807 3.4%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 402,000 407 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 440,000 452 0.0%
AltaGas Ltd. 3.72% 09-28-2021 Callable 1,440,000 1,521 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 152,000 151 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 200,000 288 0.0%
Amcor Ltd. 1,324,100 19,156 1.9%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 570,000 779 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 310,000 408 0.0%
Antero Resources Corp. 5.625% 06-01-2023 Callable 25,000 34 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 70,000 97 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 560,000 748 0.1%
APT Pipelines Ltd. 4.245% 07-24-2019 560,000 585 0.1%
Aretec Group Inc. 1,662 32 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 350,000 354 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 120,000 164 0.0%
Aviva PLC 4.50% 05-10-2021 330,000 347 0.0%
Bank of America Corp. 3.95% 04-21-2025 110,000 147 0.0%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,510,000 1,482 0.1%
Bank of Montreal 1.88% 03-31-2021 1,540,000 1,538 0.2%
Bank of Montreal 3.32% 06-01-2026 1,330,000 1,352 0.1%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 930,000 948 0.1%
Bell Canada 2.00% 10-01-2021 700,000 693 0.1%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 710,000 729 0.1%
Bell Canada 4.70% 09-11-2023 Series MTN 500,000 557 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 220,000 290 0.0%
BP Capital Markets PLC 3.497% 11-09-2020 1,330,000 1,398 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 830,000 865 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 925 19 0.0%
Brookfield Asset Management Inc. Class A limited voting 890,886 39,466 4.6%
Brookfield Asset Management Inc. Pfd. Series 46 22,200 569 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 530,000 519 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 1,170,000 1,185 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 180,000 242 0.0%
Bruce Power LP 2.844% 06-23-2021 770,000 783 0.1%
Bruce Power LP 3.969% 06-23-2026 220,000 226 0.0%
Cameco Corp. 5.67% 09-02-2019 Series D 710,000 761 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 380,000 517 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 270,000 377 0.0%
Canada Housing Trust 1.90% 09-15-2026 3,200,000 3,111 0.3%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 336,287 340 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 960,000 962 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 580,000 580 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,410,000 1,437 0.1%
Canadian National Railway Co. 129,300 11,684 1.2%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 910,000 929 0.1%
Canadian Natural Resources Ltd. 438,500 18,763 1.9%
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 250,000 264 0.0%
Canadian Western Bank 896,295 27,194 2.7%
Cards II Trust 2.155% 10-15-2020 1,140,000 1,157 0.1%
CHIP Mortgage Trust 2.33% 04-29-2020 390,000 385 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 230,000 229 0.0%
Choice Properties LP 3.00% 09-20-2019 130,000 133 0.0%
Choice Properties LP 3.60% 09-20-2021 530,000 555 0.1%
Choice Properties Real Estate Investment Trust 2.297% 09-14-2020 450,000 451 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 1,210,000 1,262 0.1%
CI Financial Corp. 2.645% 12-07-2020 Callable 400,000 402 0.0%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 219,450 292 0.0%
Citigroup Inc. 3.39% 11-18-2021 580,000 604 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 900,000 920 0.1%
Colgate Palmolive Co. 67,690 5,952 0.6%
Comber Wind Financial Corp. 5.132% 11-15-2030 864,114 931 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 790,000 806 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 440,000 465 0.0%
Cominar REIT 4.247% 05-23-2023 290,000 293 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 710,000 975 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 370,000 544 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 264,750 360 0.0%
Compagnie Financiere Richemont SA 210,387 18,731 1.9%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 140,000 187 0.0%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 380,000 506 0.0%
Crescent Point Energy Corp. 1,649,900 30,111 3.0%
Crombie Real Estate Investment Trust 2.775% 02-10-2020 65,000 64 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 620,000 606 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 458,526 625 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 310,000 309 0.0%
Daimler Canada Finance Inc. 1.78% 08-19-2019 520,000 521 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 500,000 499 0.0%
Danaher Corp. 48,100 5,031 0.5%
Danone SA 88,414 7,524 0.7%
Danske Bank AS 2.80% 03-10-2021 144A 450,000 610 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 176,033 219 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 370,000 506 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 250,000 252 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 130,000 185 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 130,000 189 0.0%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 540,000 719 0.1%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 240,000 292 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 390,000 394 0.0%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 591,000 782 0.1%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 1,090,000 1,062 0.1%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 380,000 397 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 19,413 335 0.0%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 530,000 560 0.1%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 820,000 852 0.1%
Enerplus Corp. 1,532,900 19,529 1.9%
Equitable Bank 1.52% 05-01-2021 1,264,073 1,254 0.1%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 420,000 437 0.0%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 490,000 496 0.0%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 1,450,000 1,618 0.2%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 499,000 671 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 170,000 230 0.0%
Ford Credit Canada Ltd. 2.45% 05-07-2020 600,000 599 0.1%
Fortified Trust 1.67% 07-23-2021 690,000 682 0.1%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 380,000 382 0.0%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 230,000 242 0.0%
Fortive Corp. 121,550 8,759 0.9%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 292,940 207 0.0%
Freehold Royalties Ltd. 629,332 8,918 0.9%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 160,000 223 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 280,000 317 0.0%
Futures Contracts 236 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 188,571 253 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 879,994 845 0.1%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 590,000 591 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 240,000 239 0.0%
Genesis Trust II 1.699% 04-15-2020 640,000 641 0.1%
Genesis Trust II 2.433% 05-15-2019 540,000 552 0.1%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 230,000 340 0.0%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 220,000 231 0.0%
Glacier Credit Card Trust 2.237% 09-20-2020 510,000 516 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 440,000 584 0.1%
Government of Bermuda 4.854% 02-06-2024 1,250,000 1,751 0.2%
Government of Canada 1.25% 12-01-2047 Real Return 3,940,000 5,003 0.5%
Government of Canada 1.50% 06-01-2026 10,035,000 9,847 1.0%
Government of Canada 2.75% 12-01-2048 5,231,000 5,748 0.6%
Government of Portugal 5.125% 10-15-2024 1,030,000 1,353 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 750,000 770 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 520,000 522 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 250,000 263 0.0%
Great-West Lifeco Inc.* 551,823 19,408 1.9%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 505,859 664 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 500,000 498 0.0%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 60,000 69 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 410,000 422 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 630,000 640 0.1%
Hennes & Mauritz AB B 494,655 18,461 1.8%
Henry Schein Inc. 62,368 12,713 1.3%
Hollis Receivables Term Trust II 1.788% 02-26-2020 480,000 481 0.0%
Honda Canada Finance Inc. 2.155% 02-18-2021 530,000 534 0.1%
HSBC Holdings PLC 3.20% 12-05-2023 750,000 748 0.1%
Hydro One Inc. 3.72% 11-18-2047 270,000 265 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 510,000 520 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 460,000 520 0.1%
Hydro-Quebec Interest Strip 0.00% 02-15-2024 710,000 594 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 650,000 924 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 790,000 798 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 180,000 179 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 316,609 431 0.0%
Intelsat Connect Finance SA 12.50% 04-01-2022 15,000 12 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 100,000 113 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 120,000 156 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 12,000 5 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 840,000 832 0.1%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 480,000 484 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 200,000 203 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 791,557 1,019 0.1%
Johnson & Johnson 122,100 18,901 1.9%
JPMorgan Chase & Co. 3.19% 03-05-2021 560,000 582 0.1%
Keyera Corp. 227,911 9,221 0.9%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 150,000 202 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 610,000 820 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 540,000 545 0.1%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 278,000 380 0.0%
Linamar Corp. 238,426 13,755 1.4%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 200,000 271 0.0%
Loblaw Companies Ltd. 563,485 39,917 3.9%
Lower Mattagami Energy LP 2.31% 10-21-2026 90,000 86 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 230,000 244 0.0%
Mackenzie Unconstrained Fixed Income Fund Series R 175,523 1,783 0.2%
Manulife Bank of Canada 1.915% 09-01-2021 630,000 622 0.1%
Manulife Financial Corp. 1,220,668 29,186 2.9%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 100,000 137 0.0%
MCAP Commercial LP 3.955% 03-11-2019 360,000 356 0.0%
Merrill Lynch 1.30% 08-01-2021 1,307,932 1,290 0.1%
Merrill Lynch 1.37% 11-01-2021 1,215,852 1,200 0.1%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,087,465 1,078 0.1%
Metropolitan Life Global Funding I 1.875% 04-16-2020 430,000 430 0.0%
Metropolitan Life Global Funding I 2.682% 04-16-2019 230,000 235 0.0%
Metropolitan Life Global Funding I 3.107% 04-16-2021 140,000 145 0.0%
Mexican Bonos 5.00% 12-11-2019 29,740,000 1,830 0.2%
Molson Coors International LP 2.25% 09-18-2018 930,000 939 0.1%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 530,000 524 0.1%
MPLX LP 4.5% 07-15-2023 100,000 137 0.0%
National Bank of Canada 2.105% 03-18-2022 1,170,000 1,167 0.1%
Nestlé SA Reg. 58,604 5,652 0.6%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 1,190,000 0.0%
Nike Inc. Class B 270,200 18,453 1.8%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 140,000 139 0.0%
North Battleford Power LP 4.958% 12-31-2032 381,163 420 0.0%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 310,000 415 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 456,071 587 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 260,000 359 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 300,000 341 0.0%
Nykredit Realkredit A/S 1.00% 01-01-2021 12,330,000 2,432 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 830,000 645 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 220,000 289 0.0%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 350,000 343 0.0%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 660,000 673 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 850,000 889 0.1%
Omnicom Group Inc. 206,168 23,576 2.3%
Onex Corp. Sub. voting 362,852 33,157 3.3%
Ontario Electricity Financial Corp. 0% 11-27-2020 500,000 467 0.0%
Ontario Hydro 0% 05-26-2025 590,000 469 0.0%
Oracle Corp. 323,700 16,723 1.7%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 90,000 94 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 190,000 198 0.0%
Pembina Pipeline Corp. 800,006 33,568 3.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 500,000 505 0.0%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 1,170,000 1,218 0.1%
PepsiCo Inc. 42,726 6,006 0.6%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 184,933 250 0.0%
Power Financial Corp.* 585,500 19,649 1.9%
Province of Alberta 3.30% 12-01-2046 2,760,000 2,755 0.3%
Province of British Columbia 2.80% 06-18-2048 1,800,000 1,682 0.2%
Province of Manitoba 2.85% 09-05-2046 2,190,000 1,969 0.2%
Province of Ontario 0% 06-02-2024 1,270,000 1,057 0.1%
Province of Ontario 0% 06-02-2026 720,000 557 0.1%
Province of Ontario 0% 07-13-2022 1,780,000 1,586 0.2%
Province of Ontario 0% 12-02-2023 3,800,000 3,232 0.3%
Province of Ontario 2.40% 06-02-2026 5,095,000 5,058 0.5%
Province of Ontario 2.80% 06-02-2048 150,000 138 0.0%
Province of Ontario 2.90% 12-02-2046 6,410,000 6,008 0.6%
Province of Quebec 0% 04-01-2026 770,000 592 0.1%
Province of Quebec 2.50% 09-01-2026 6,775,000 6,769 0.7%
Province of Quebec 3.50% 12-01-2045 8,270,000 8,637 0.9%
Province of Quebec 3.50% 12-01-2048 2,010,000 2,118 0.2%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 230,000 228 0.0%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 390,000 529 0.1%
Quebecor Media Inc. 6.625% 01-15-2023 144A 30,000 32 0.0%
Raging River Exploration Inc. 2,309,359 24,387 2.4%
Reliance LP 3.813% 09-15-2020 350,000 352 0.0%
Reliance LP 5.187% 03-15-2019 230,000 240 0.0%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 2,050,000 2,311 0.2%
Royal Bank of Canada 316,200 28,733 2.8%
Royal Bank of Canada 1.583% 09-13-2021 790,000 774 0.1%
Royal Bank of Canada 1.65% 07-15-2021 1,640,000 1,616 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 630,000 626 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 450,000 446 0.0%
Royal Bank of Canada 3.31% 01-20-2026 1,660,000 1,685 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 260,000 348 0.0%
Saputo Inc. 102,469 4,868 0.5%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 210,000 210 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 669,449 646 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 170,000 232 0.0%
Shaw Communications Inc. Class B non-voting 1,122,103 30,229 3.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 600,000 639 0.1%
Spy Hill Power LP 4.14% 03-31-2036 289,844 296 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 790,000 810 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 630,000 632 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 1,000,000 1,009 0.1%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 200,000 273 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 700,000 920 0.1%
TD Securities Inc. 1.45% 12-01-2021 460,000 453 0.0%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 320,000 403 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 200,000 238 0.0%
The Bank of Nova Scotia 382,900 28,626 2.8%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,700,000 1,688 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 1,290,000 1,303 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 1,470,000 1,540 0.2%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 1,010,000 1,056 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,110,000 1,040 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 500,000 501 0.0%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 380,000 386 0.0%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 1,370,000 1,393 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 60,000 79 0.0%
The Procter & Gamble Co. 102,260 11,552 1.1%
The Standard Life Assurance Co. of Canada F/R 09-21-2022 Callable 2017 370,000 376 0.0%
The Toronto-Dominion Bank 434,688 28,785 2.8%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,620,000 1,576 0.2%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,330,000 1,328 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 870,000 876 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 1,060,000 1,161 0.1%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 530,000 551 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 610,000 665 0.1%
Toyota Credit Canada Inc. 1.80% 02-19-2020 840,000 841 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 610,000 615 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 223,718 295 0.0%
TransAlta Corp. 5.00% 11-25-2020 400,000 411 0.0%
TransCanada Corp. 4.00% Pfd. Series 7 3,700 70 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 3,128 62 0.0%
TransCanada Corp. Pfd. Series 15 56,069 1,428 0.1%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 740,000 768 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 600,000 617 0.1%
Trillium Windpower LP 5.803% 02-15-2033 313,400 349 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 210,000 284 0.0%
Union Gas Ltd. 2.81% 06-01-2026 Callable 750,000 749 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 840,000 871 0.1%
United Parcel Service Inc. (UPS) Class B 145,837 22,463 2.2%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,190,000 3,010 0.3%
US 10-year Treasury Note Future Put Option @ $125 (Exp. 01-27-2017) 1,448 2,098 0.2%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 465,602 628 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 140,000 146 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 100,000 104 0.0%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 1,010,000 1,248 0.1%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 60,000 62 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 140,000 142 0.0%
VW Credit Canada Inc. F/R 04-03-2017 570,000 570 0.1%
W.W. Grainger Inc. 67,800 21,157 2.1%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 230,000 234 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 220,000 287 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,580,000 1,580 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 550,000 541 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 530,000 517 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 790,000 811 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 720,000 750 0.1%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 990,000 1,062 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 319,200 432 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 290,000 390 0.0%
WTH Car Rental ULC 1.912% 07-20-2020 190,000 187 0.0%
Total Investments -- 999,437 98.8%
Cash & Equivalents -- 12,166 1.2%
Currency Hedge Contracts -- 164 0.0%
Other Assets (Liabilities) -- 313 0.0%
Total Net Assets -- 1,012,080 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 55.1% | FI : 15.0%
    70.1%
      United States
    EQ : 17.1% | FI : 3.3%
    20.4%
      Sweden
    EQ : 2.5%
    2.5%
      Australia
    EQ : 2.0% | FI : 0.3%
    2.3%
      Switzerland
    EQ : 1.7%
    1.7%
      Other
    FI : 1.2%
    1.2%
      Denmark
    FI : 0.3%
    0.3%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Financials 24.1%
      Fixed Income 20%
      Energy 15.3%
      Consumer Discretionary 14.8%
      Consumer Staples 10%
      Industrials 5.7%
      Health Care 3.6%
      Information Technology 2.7%
      Materials 2%
      Cash & Equivalents 1.5%
      Other 0.2%
      Utilities 0.1%
Credit Allocation (%)
AAA 4.5%
AA 3.8%
A 5.8%
BBB 3.8%
BB 0.6%
B 1.2%
C 0%
NR 0.5%
Cash & Equivalents 1.5%
Equities 78.3%

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

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).