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 April 30, 2018
Major holdings represent 24.3% of the fund.
View all holdings
Total # of
Equity Holdings
42
Total # of
Fixed Income Holdings
438
Holding name, country and sector Percentage of holding in fund
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
4.4%
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
4.3%
Onex Corp
Canada | Multi-Sector Holdings
3.7%
Alimentation Couche-Tard Inc
Canada | Food Retail
3.6%
Henry Schein Inc
United States | Health Care Distributors
3.1%
Government of Canada 2.00% 06-01-2028
Canada | Federal Government
1.9%
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
1.0%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
0.9%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
0.9%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.7%

Complete Fund Holdings Help Full holdings list

As of February 28, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 660,000 671 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 460,000 460 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 30,184 40 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 28,835 41 0.0%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 220,000 277 0.0%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 390,000 376 0.0%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 224,119 221 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 520,000 531 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 450,000 477 0.1%
Alibaba Group Holding Ltd. 3.40% 12-06-2027 Callable 2027 200,000 245 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 620,433 38,709 4.4%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 530,000 516 0.1%
Allied Properties Real Estate Investment Trust 3.75% 03-13-2020 380,000 387 0.0%
Allied Properties Real Estate Investment Trust 3.93% 11-14-2022 342,000 348 0.0%
AltaGas Ltd. 3.72% 09-28-2021 Callable 1,140,000 1,173 0.1%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 220,000 223 0.0%
AltaGas Ltd. Pfd. Series K 7,769 197 0.0%
AltaLink LP 3.72% 12-03-2046 Callable MTN 532,000 544 0.1%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 43,664 54 0.0%
Amcor Ltd. 1,561,200 21,529 2.5%
American Woodmark Corp. 4.88% 03-15-2026 Callable 2021 144A 9,886 13 0.0%
AMS FinCo SARL Term Loan 1st Lien F/R 05-27-2024 53,282 69 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 880,000 856 0.1%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 570,000 729 0.1%
Anheuser-Busch InBev Finance Inc. 4.32% 05-15-2047 Callable Series MPLE 250,000 258 0.0%
Antero Resources Corp. 5.00% 03-01-2025 48,195 63 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 560,000 728 0.1%
ArcelorMittal SA 5.13% 06-01-2020 32,954 44 0.0%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 376,390 465 0.1%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 78,265 104 0.0%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 32,954 46 0.0%
Argentine Bonos del Tesoro 21.20% 09-19-2018 1,046,281 66 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 350,000 353 0.0%
Asian Development Bank 6.00% 02-24-2021 2,825,783 55 0.0%
Asian Development Bank 6.45% 08-08-2021 1,359,342 27 0.0%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 376,845 458 0.1%
AT&T Inc. 3.825% 11-25-2020 680,000 702 0.1%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 79,062 102 0.0%
Aviva PLC 4.50% 05-10-2021 440,000 460 0.1%
Bank of America Corp. 3.228% 06-22-2022 250,000 254 0.0%
Bank of America Corp. 3.95% 04-21-2025 110,000 141 0.0%
Bank of America Corp. F/R 03-15-2023 Callable 2022 720,000 713 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 625,084 630 0.1%
Bank of Montreal 2.27% 07-11-2022 890,000 875 0.1%
Bank of Montreal 2.70% 09-11-2024 DPNT 350,000 346 0.0%
Bank of Montreal 3.32% 06-01-2026 1,141,788 1,158 0.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 336,591 412 0.0%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 550,000 544 0.1%
Bell Canada 2.70% 02-27-2024 Callable 347,415 340 0.0%
Bell Canada 3.60% 09-29-2027 Callable MTN 670,000 673 0.1%
Bell Canada 4.45% 02-27-2047 Callable 870,000 881 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 144A 16,477 17 0.0%
Big Ass Fans LLC Term Loan 1st Lien F/R 05-07-2024 8,238 11 0.0%
BMC Acquisition Inc. Term Loan 1st Lien F/R 12-15-2024 8,238 11 0.0%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 23,480 95 0.0%
Brookfield Asset Management Inc. Class A limited voting 805,786 40,088 4.5%
Brookfield Asset Management Inc. Pfd. Series 46 16,453 427 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 5,931 151 0.0%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 530,000 524 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 130,000 132 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 17,334 435 0.0%
Bruce Power LP 2.84% 06-23-2021 620,000 622 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 920,000 911 0.1%
Bruce Power LP 3.97% 06-23-2026 320,000 331 0.0%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 120,281 200 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 18,125 24 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 90,623 93 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 43,778 55 0.0%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 28,835 35 0.0%
Cameco Corp. 5.67% 09-02-2019 710,000 737 0.1%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 260,282 337 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 58,081 79 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 241,450 315 0.0%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 267,897 340 0.0%
Canada Housing Trust No. 1 2.40% 12-15-2022 1,040,000 1,045 0.1%
Canada Housing Trust No. 1 2.65% 03-15-2028 120,000 120 0.0%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 267,761 268 0.0%
Canadian Imperial Bank of Commerce 2.30% 07-11-2022 DPNT 820,000 808 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 879,062 869 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,360,000 1,382 0.2%
Canadian National Railway Co. 136,100 13,512 1.5%
Canadian National Railway Co. 3.60% 08-01-2047 Callable 2047 170,000 170 0.0%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 330,000 325 0.0%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 250,000 260 0.0%
Canadian Western Bank 224,295 8,508 0.9%
Canadian Western Bank 2.74% 06-16-2022 DPNT 210,000 208 0.0%
Canadian Western Bank 2.92% 12-15-2022 367,415 365 0.0%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 700,000 708 0.1%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 12,264 16 0.0%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 299,054 381 0.0%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-29-2024 40,883 53 0.0%
Cemex Finance LLC 6.00% 04-01-2024 Callable 2019 144A 32,130 43 0.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 19,772 25 0.0%
Central 1 Credit Union 2.60% 11-07-2022 270,000 266 0.0%
Central 1 Credit Union F/R 02-05-2021 150,000 150 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 63,436 80 0.0%
CGI Group Inc. Class A Sub. voting 263,700 19,778 2.3%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 530,000 528 0.1%
Chassix Inc. Term Loan B 1st Lien F/R 11-10-2023 190,596 247 0.0%
CHIP Mortgage Trust 2.98% 11-15-2021 230,000 225 0.0%
Chloe Ox Parent LLC Term Loan 1st Lien F/R 12-19-2024 15,653 20 0.0%
Choice Properties Real Estate Investment Trust 3.01% 03-21-2022 Callable 2022 132,472 133 0.0%
Choice Properties Real Estate Investment Trust 3.55% 01-10-2025 Callable 2024 234,943 235 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 1,210,000 1,240 0.1%
CHS/Community Health Systems Inc. 5.13% 08-01-2021 29,658 35 0.0%
Citigroup Inc. 3.39% 11-18-2021 580,000 594 0.1%
Citigroup Inc. 4.09% 06-09-2025 450,000 463 0.1%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 65,907 87 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 37,073 47 0.0%
Colbun SA 4.50% 07-10-2024 Callable 2024 36,249 48 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 808,461 867 0.1%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 335,137 421 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 227,297 303 0.0%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 270,000 363 0.0%
Commonwealth of Bahamas 6.95% 11-20-2029 190,710 268 0.0%
Communications Sales & Leasing Inc. 7.13% 12-15-2024 Callable 2019 144A 53,550 62 0.0%
Communications Sales & Leasing Inc. 8.25% 10-15-2023 Callable 2019 22,244 27 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 277,800 344 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 18,536 24 0.0%
Constellium NV 4.25% 02-15-2026 Callable 2020 14,829 24 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 37,073 48 0.0%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-20-2024 39,862 51 0.0%
Crescent Point Energy Corp. 1,555,041 14,353 1.6%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 620,000 638 0.1%
CSC Holdings LLC Term Loan B 1st Lien F/R 01-12-2026 146,477 188 0.0%
CSM NV Term Loan B F/R 07-03-2020 29,023 37 0.0%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 453,826 585 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 310,000 319 0.0%
CU Inc. 3.964% 07-27-2045 Callable 140,000 149 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 57,669 79 0.0%
Danske Bank AS 2.80% 03-10-2021 144A 450,000 572 0.1%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 438,462 570 0.1%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 51,078 64 0.0%
Deerfield Holdings Corp. Term Loan B 1st Lien F/R 12-06-2024 8,238 11 0.0%
Denbury Resources Inc. 5.50% 05-01-2022 Callable 2017 7,415 7 0.0%
Denbury Resources Inc. 9.00% 05-15-2021 Callable 144A 13,181 17 0.0%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 51,078 47 0.0%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-29-2023 1 0.0%
Diamond (BC) BV Term Loan 1st Lien F/R 09-06-2024 23,891 31 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 60,000 79 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 130,000 176 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 130,000 178 0.0%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 90,710 118 0.0%
Digicert Holdings Inc. Term Loan 2nd Lien F/R 10-31-2025 4,119 5 0.0%
DISH DBS Corp. 5.875% 11-15-2024 46,135 56 0.0%
Dollarama Inc. 54,352 8,117 0.9%
Eagle Credit Card Trust 2.63% 10-17-2022 150,000 149 0.0%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 258,187 334 0.0%
EIG Management Co. LLC Term Loan B 1st Lien F/R 01-30-2025 9,886 13 0.0%
Elo Touch Solutions Inc. Term Loan B 1st Lien F/R 10-25-2023 16,436 21 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 410,000 402 0.0%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 290,000 279 0.0%
Enbridge Inc. 4.57% 03-11-2044 1,380,000 1,389 0.2%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 1,740,167 1,697 0.2%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 470,000 473 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 470,000 479 0.1%
Enerplus Corp. 1,261,769 17,905 2.1%
Envigo Holdings Inc. Term Loan B 1st Lien F/R 12-14-2023 180,596 228 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 285,767 283 0.0%
European Bank for Reconstruction & Development 6.00% 05-04-2020 8,073,664 158 0.0%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 600,000 768 0.1%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.625% 08-15-2026 Callable 2021 144A 106,688 129 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 54,374 57 0.0%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 750,000 824 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 400,000 627 0.1%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 1,183,664 1,160 0.1%
Federative Republic of Brazil 5.63% 02-21-2047 100,921 125 0.0%
First Quantum Minerals Ltd. 6.88% 03-01-2026 Callable 2021 144A 28,011 36 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 37,073 49 0.0%
Fortified Trust 2.16% 10-23-2020 800,000 795 0.1%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 27,187 36 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 65,907 87 0.0%
Frontier Communications Corp. 9.25% 07-01-2021 20,596 24 0.0%
Futures Contracts 891 0.1%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 196,617 249 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-26-2024 168,904 219 0.0%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 85,680 118 0.0%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 16,477 21 0.0%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 200,000 195 0.0%
Genworth Holdings Inc. Term Loan 1st Lien F/R 02-28-2023 10,710 14 0.0%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 32,954 42 0.0%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 32,954 35 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 515,619 519 0.1%
Gildan Activewear Inc. 435,496 16,209 1.8%
Glacier Credit Card Trust 2.05% 09-20-2022 670,000 649 0.1%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 1,640,000 2,059 0.2%
Government of Canada 1.00% 06-01-2027 560,000 503 0.1%
Government of Canada 1.00% 09-01-2022 1,000,000 957 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 4,660,000 5,856 0.6%
Government of Canada 1.50% 06-01-2023 350,000 340 0.0%
Government of Canada 2.00% 06-01-2028 17,410,000 17,000 1.9%
Government of Canada 2.25% 06-01-2025 750,000 754 0.1%
Government of Canada 2.75% 12-01-2048 5,160,000 5,590 0.6%
Government of Dominican Republic 7.50% 05-06-2021 102,980 142 0.0%
Government of Germany 0.50% 02-15-2028 37,897 56 0.0%
Government of Russia 7.05% 01-19-2028 4,201,602 97 0.0%
Government of Turkey 11.00% 02-24-2027 436,637 143 0.0%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 165,000 166 0.0%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 144A 84,032 87 0.0%
Great-West Lifeco Inc.* 377,982 12,798 1.4%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 175,100 228 0.0%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 101,534 132 0.0%
Greenlight Merger Corp. Term Loan B 1st Lien F/R 05-31-2024 57,381 74 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 300,000 296 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 660,000 652 0.1%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 183,295 184 0.0%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 144A 32,954 39 0.0%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 410,000 418 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 531,189 535 0.1%
Henkel AG & Co. KGaA Pfd. 134,200 22,949 2.6%
Hennes & Mauritz AB B 1,227,964 26,075 3.0%
Henry Schein Inc. 309,989 26,331 3.0%
HSBC Bank Canada 2.17% 06-29-2022 600,000 585 0.1%
HSBC Bank Canada 2.54% 01-31-2023 450,000 443 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 750,000 754 0.1%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 4,307 78 0.0%
Husky IMS International Ltd. Bridge Loan Exp. 12-16-2018 2,870,000 0.0%
Hydro One Inc. 3.72% 11-18-2047 1,090,000 1,110 0.1%
Hydro One Ltd. Debentures Receipts 4.00% 09-30-2027 8,920,000 2,678 0.3%
Hydro-Quebec Interest Strip 0% 02-15-2025 640,000 527 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 257,775 333 0.0%
I-Logic Technologies Bidco Ltd. Term Loan B 1st Lien F/R 12-20-2024 14,005 18 0.0%
Impala Private Holdings II LLC Term Loan 1st Lien F/R 11-10-2024 18,125 23 0.0%
Indivior Finance SARL Term Loan B 1st Lien F/R 12-14-2022 10,710 14 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 940,000 908 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 610,000 598 0.1%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 03-01-2024 180,601 234 0.0%
International Finance Corp. 6.30% 11-25-2024 5,150,669 101 0.0%
International Finance Corp. 7.00% 07-20-2027 3,180,036 200 0.0%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 490,046 632 0.1%
IRB Holding Corp. 6.75% 02-15-2026 Callable 2021 144A 73,778 95 0.0%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 51,078 52 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03-16-2018 148 6 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 06/15/2018 263 47 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 03/16/2018 148 11 0.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 50,000 64 0.0%
Jaguar Land Rover Automotive PLC 4.25% 11-15-2019 144A 32,954 43 0.0%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-25-2022 278,831 362 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 57,237 73 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 32,954 43 0.0%
Johnson & Johnson 104,181 17,364 1.9%
KEMET Corp. Term Loan B 1st Lien F/R 04-26-2024 412,961 540 0.1%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 57,525 74 0.0%
Kronos Acquisition Holdings Inc. 9.00% 08-15-2023 144A 4,943 6 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 22,244 29 0.0%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 11,553 15 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 238,543 309 0.0%
Laurentian Bank of Canada 3.00% 09-12-2022 610,000 604 0.1%
Laurentian Bank of Canada F/R 10-22-2019 367,415 368 0.0%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 459,723 596 0.1%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-09-2022 26,052 30 0.0%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 65,907 89 0.0%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 148,438 197 0.0%
Lifetime Brands Inc. Term Loan B 1st Lien F/R 03-31-2025 9,062 12 0.0%
Livingston International Inc. Term Loan 1st Lien F/R 03-18-2020 12,261 12 0.0%
Loblaw Companies Ltd. 407,585 26,868 3.1%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 19,595 19 0.0%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 18,948 24 0.0%
Mackenzie Unconstrained Fixed Income Fund Series R 179,545 1,808 0.2%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 33,233 3,263 0.4%
Manulife Bank of Canada 1.92% 09-01-2021 630,000 615 0.1%
Manulife Bank of Canada 2.08% 05-26-2022 600,000 584 0.1%
Manulife Bank of Canada 2.84% 01-12-2023 275,767 276 0.0%
Manulife Financial Corp. 519,532 12,687 1.4%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 620,000 610 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 183,208 192 0.0%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 130,254 175 0.0%
McAfee LLC Term Loan B 1st Lien F/R 09-30-2024 303,018 391 0.0%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 730,000 731 0.1%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2018 144A 29,658 32 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 144A 21,420 28 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 282,130 365 0.0%
Metro Inc. 2.68% 12-05-2022 Callable 2022 2,472 2 0.0%
Metro Inc. 3.39% 12-06-2027 Callable 2027 295,767 289 0.0%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 325,418 141 0.0%
Morgan Stanley 3.00% 02-07-2024 846,845 838 0.1%
Mountain Province Diamonds Inc. 8.00% 12-15-2022 Callable 2019 144A 10,710 14 0.0%
National Bank of Canada 1.96% 06-30-2022 1,510,000 1,465 0.2%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 123,181 162 0.0%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 20,596 25 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 28,835 36 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 153,295 195 0.0%
Nokia OYJ 3.38% 06-12-2022 14,829 19 0.0%
Nokia OYJ 5.38% 05-15-2019 56,268 74 0.0%
North Battleford Power LP 4.958% 12-31-2032 363,454 396 0.0%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 600,000 574 0.1%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 300,000 298 0.0%
Numericable-SFR 6.00% 05-15-2022 Callable 144A 176,302 220 0.0%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 25,539 26 0.0%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 113,181 146 0.0%
Odebrecht Finance Ltd. 5.25% 06-27-2029 380,000 110 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 213,068 277 0.0%
Olin Corp. 5.00% 02-01-2030 Callable 2024 20,596 26 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 220,000 275 0.0%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,370,000 1,380 0.2%
Omnicom Group Inc. 296,768 29,032 3.3%
Onex Corp. Sub. voting 381,205 35,894 4.1%
Ontario Hydro 0% 05-26-2025 590,000 476 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 440,000 441 0.0%
OPB Finance Trust 2.98% 01-25-2027 450,000 449 0.0%
Oracle Corp. 492,400 32,018 3.6%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 78,238 101 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 113,690 118 0.0%
Pembina Pipeline Corp. 982,474 40,538 4.6%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 802,000 788 0.1%
Penske Automotive Group Inc. 3.75% 08-15-2020 30,482 39 0.0%
Petrobras Global Finance BV 7.38% 01-17-2027 65,907 92 0.0%
Petroleos De Venezuela SA 6.00% 05-16-2024 421,021 137 0.0%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 56,021 56 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 191,770 202 0.0%
Pilgrim's Pride Corp. 5.88% 09-30-2027 Callable 2022 144A 42,840 54 0.0%
Pioneer Holding LLC 9.00% 11-01-2022 Callable 2019 144A 60,000 81 0.0%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 109,725 141 0.0%
Power Financial Corp.* 526,500 17,638 2.0%
Premier Foods Finance PLC 6.50% 03-15-2021 Callable 56,021 100 0.0%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 282,130 365 0.0%
Province of Newfoundland 3.70% 10-17-2048 1,480,000 1,584 0.2%
Province of Ontario 2.40% 06-02-2026 5,000,000 4,868 0.5%
Province of Ontario 2.60% 06-02-2027 5,810,000 5,703 0.6%
Province of Ontario 2.60% 09-08-2023 2,220,000 2,232 0.2%
Province of Ontario 2.80% 06-02-2048 1,790,000 1,688 0.2%
Province of Ontario 2.90% 12-02-2046 1,830,000 1,757 0.2%
Province of Ontario 4.60% 06-02-2039 570,000 703 0.1%
Province of Quebec 0% 04-01-2026 Generic Strip 370,000 292 0.0%
Province of Quebec 2.50% 09-01-2026 1,230,000 1,207 0.1%
Province of Quebec 2.75% 09-01-2027 1,730,000 1,723 0.2%
Province of Quebec 3.50% 12-01-2045 7,910,000 8,510 0.9%
Province of Quebec 3.50% 12-01-2048 2,090,000 2,267 0.3%
PSC Industrial Outsourcing LP Term Loan 2nd Lien F/R 10-05-2025 5,767 7 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 179,772 233 0.0%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 107,100 135 0.0%
Q Holding Co. Term Loan B 1st Lien F/R 12-17-2021 57,227 74 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 31,718 42 0.0%
Quad Graphics Inc. 7.00% 05-01-2022 41,192 55 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 144A 12,028 13 0.0%
Quinpario Acquisition Corp. 2 B Term Loan 1st Lien F/R 06-30-2023 23,742 30 0.0%
Quintiles IMS Inc. 2.88% 09-15-2025 Callable 2020 20,596 32 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 37,897 51 0.0%
Raging River Exploration Inc. 3,083,639 19,149 2.2%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 224,975 291 0.0%
Refresco Group NV Term Loan B 1st Lien F/R 09-27-2024 4,119 5 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 145,609 196 0.0%
Reliance LP 3.813% 09-15-2020 350,000 357 0.0%
Reliance LP 3.84% 03-15-2025 Callable 2025 326,591 324 0.0%
Republic of Argentina 4.63% 01-11-2023 37,073 46 0.0%
Republic of Argentina 5.88% 01-11-2028 74,558 90 0.0%
Republic of Argentina 6.88% 01-11-2048 14,005 16 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 312,954 398 0.0%
Research Now Group Inc. Term Loan 2nd Lien F/R 12-20-2025 5,767 7 0.0%
Resolute Forest Products Inc. 5.875% 05-15-2023 39,544 52 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 32,954 43 0.0%
Rite Aid Corp. 7.70% 02-15-2027 84,032 100 0.0%
Robertshaw Holdings Corp. Term Loan 2nd Lien F/R 02-02-2025 2,472 3 0.0%
Robertshaw US Holding Corp. Term Loan 1st Lien F/R 02-15-2025 5,767 7 0.0%
Royal Bank of Canada 225,000 22,745 2.6%
Royal Bank of Canada 2.00% 03-21-2022 500,000 488 0.1%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 630,000 614 0.1%
Royal Bank of Canada 2.36% 12-05-2022 305,767 301 0.0%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 460,000 613 0.1%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 11-04-2022 117,753 153 0.0%
Saputo Inc. 502,769 20,619 2.4%
Scientific Games International Inc. 6.25% 09-01-2020 Callable 65,907 85 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 631,086 607 0.1%
Shaw Communications Inc. Class B non-voting 1,114,403 27,682 3.2%
Shaw Communications Inc. Pfd Series A 2,079 39 0.0%
Sinclair Television Group Inc. Term Loan B 1st Lien F/R 12-12-2024 145,653 188 0.0%
SmartCentres Real Estate Investment Trust 3.83% 12-21-2027 Callable 2027 100,000 98 0.0%
SMI Acquisition Inc. Term Loan 1st Lien F/R 10-27-2024 6,591 9 0.0%
SNC-Lavalin Group Inc. 2.69% 11-24-2020 91,648 92 0.0%
SoftBank Group Corp. 4.75% 09-19-2024 Callable 2024 20,596 26 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 8,238 11 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 151,587 166 0.0%
Source Energy Services Ltd. 4,664 29 0.0%
Spartan Energy Corp. 3,143,220 17,162 1.9%
Sprint Capital Corp. 6.875% 11-15-2028 43,664 54 0.0%
Sprint Corp. 7.63% 02-15-2025 Callable 2024 13,181 17 0.0%
Sprint Corp. 7.875% 09-15-2023 14,005 19 0.0%
Spy Hill Power LP 4.14% 03-31-2036 283,347 287 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 267,227 341 0.0%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 65,907 116 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 790,000 798 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 940,000 937 0.1%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 275,767 273 0.0%
Sunshine Investments BV Term Loan B3 1st Lien F/R 12-15-2024 15,653 20 0.0%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 152,411 154 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 764,260 959 0.1%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 112,358 146 0.0%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 144A 35,653 43 0.0%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 32,130 41 0.0%
Team Health Holdings Inc. 6.38% 02-01-2025 Callable 2020 144A 48,607 58 0.0%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 16,477 20 0.0%
TELUS Corp. 381,600 17,676 2.1%
TELUS Corp. 3.35% 04-01-2024 Callable 390,000 395 0.0%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 214,119 213 0.0%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 610,000 626 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 51,902 67 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 192,498 240 0.0%
TerraForm Power Operating LLC Term Loan B 1st Lien F/R 11-02-2022 49,431 64 0.0%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 97,991 102 0.0%
The Bank of Nova Scotia 272,093 21,631 2.5%
The Bank of Nova Scotia 2.29% 06-28-2024 1,850,000 1,786 0.2%
The Bank of Nova Scotia 2.36% 11-08-2022 870,000 856 0.1%
The Bank of Nova Scotia 4.50% 12-16-2025 300,000 394 0.0%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 498,835 624 0.1%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 640,000 631 0.1%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 810,000 792 0.1%
The Goldman Sachs Group Inc. 3.31% F/R 10-31-2025 Callable 2024 1,330,000 1,319 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,110,000 1,053 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 780,000 775 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 13,181 17 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 19,772 15 0.0%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 19,772 26 0.0%
The Toronto-Dominion Bank 311,888 23,080 2.6%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 806,845 773 0.1%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 1,740,000 1,724 0.2%
Thomas Cook Group PLC 6.25% 06-15-2022 Callable 2019 65,907 112 0.0%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 530,000 541 0.1%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 285,767 282 0.0%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 610,000 654 0.1%
Tortoise Borrower LLC Term Loan 1st Lien F/R 11-20-2024 8,238 11 0.0%
TransAlta Corp. Pfd. Series A 18,753 285 0.0%
TransCanada Corp. Pfd. Series 15 19,854 514 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 510,000 516 0.1%
TransCanada Trust F/R 05-18-2077 Callable 2027 641,648 635 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 230,000 233 0.0%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 79,062 102 0.0%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 146,477 189 0.0%
Trillium Windpower LP 5.80% 02-15-2033 296,659 337 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 385,901 499 0.1%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 310,000 309 0.0%
United Parcel Service Inc. (UPS) Class B 53,437 7,160 0.8%
United States Treasury 2.25% 11-15-2027 70,000 85 0.0%
United States Treasury 3.00% 05-15-2047 390,000 488 0.1%
United States Treasury Inflation Indexed 0.89% 02-15-2047 3,120,000 3,977 0.4%
Valeant Pharmaceuticals International Inc. 5.63% 12-01-2021 Callable 144A 17,465 21 0.0%
Valeant Pharmaceuticals International Inc. 9.00% 12-15-2025 Callable 2021 36,249 47 0.0%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 280,000 273 0.0%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 200,000 255 0.0%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 1,010,000 1,182 0.1%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 10,298 11 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 30,482 32 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 114,005 147 0.0%
VRX Escrow Corp. 5.375% 03-15-2020 Callable 144A 42,840 55 0.0%
W.W. Grainger Inc. 92,500 31,047 3.5%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 29,658 38 0.0%
Wells Fargo & Co. 2.98% 05-19-2026 530,000 510 0.1%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-23-2023 23,772 31 0.0%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 176,731 238 0.0%
Wind Tre SPA 5.00% 01-20-2026 Callable 2020 63,436 70 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 32,978 44 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 196,518 255 0.0%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 168,948 216 0.0%
Total Investments -- 901,416 99.4%
Cash & Equivalents -- 3,192 0.4%
Currency Hedge Contracts -- -438 0.0%
Other Assets (Liabilities) -- 2,072 0.2%
Total Net Assets -- 906,242 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2018
  • Regional Allocation
      Canada
    EQ : 54.8% | FI : 15.8%
    70.6%
      United States
    EQ : 13.9% | FI : 4.7%
    18.6%
      Sweden
    EQ : 2.8%
    2.8%
      Germany
    EQ : 2.4%
    2.4%
      Other
    EQ : 2.3% | FI : 1.2%
    3.5%
      United Kingdom
    FI : 0.4%
    0.4%
      Bermuda
    FI : 0.2%
    0.2%
      Cash & Equivalents 1.5%
  • Sector Allocation
      Fixed Income 22.3%
      Financials 20.5%
      Energy 13.3%
      Consumer Discretionary 11.7%
      Consumer Staples 10.7%
      Health Care 5.7%
      Information Technology 4.8%
      Industrials 4.1%
      Materials 2.3%
      Telecommunication Serv. 2.2%
      Cash & Equivalents 1.5%
      Utilities 0.9%
Credit Allocation (%)
AAA 4.4%
AA 5.3%
A 3.5%
BBB 4.2%
BB 1.2%
B 2.5%
CCC & Below 0.4%
NR 0.8%
Cash & Equivalents 1.6%
Equities 76.2%

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

The Series G versions of this fund are closed to new investments.

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).