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 March 31, 2017
Major holdings represent 22% of the fund.
View all holdings
Total # of
Equity Holdings
41
Total # of
Fixed Income Holdings
259
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
4.1%
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
3.5%
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%
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%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
0.5%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
0.5%

Complete Fund Holdings Help Full holdings list

As of January 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 500,000 486 0.0%
407 International Inc. 3.60% 05-21-2047 Callable 460,000 441 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 520,000 524 0.1%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 300,000 324 0.0%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 1,150,000 1,207 0.1%
Alimentation Couche-Tard Inc. 3.319% 11-01-2019 Callable 760,000 793 0.1%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 570,000 586 0.1%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 410,000 441 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 585,133 34,880 3.5%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 402,000 412 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 440,000 455 0.0%
AltaGas Ltd. 3.72% 09-28-2021 Callable 1,440,000 1,527 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 532,000 520 0.1%
Amcor Ltd. 1,322,100 18,659 1.9%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 570,000 754 0.1%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 310,000 396 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 560,000 732 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 350,000 356 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 119,700 157 0.0%
Aviva PLC 4.50% 05-10-2021 330,000 352 0.0%
Bank of America Corp. 3.95% 04-21-2025 110,000 142 0.0%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,510,000 1,490 0.1%
Bank of Montreal 1.88% 03-31-2021 1,540,000 1,542 0.2%
Bank of Montreal 3.32% 06-01-2026 1,330,000 1,364 0.1%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 930,000 954 0.1%
Bell Canada 2.00% 10-01-2021 700,000 694 0.1%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 710,000 732 0.1%
Bell Canada 4.70% 09-11-2023 Series MTN 500,000 559 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 220,000 281 0.0%
BP Capital Markets PLC 3.497% 11-09-2020 1,330,000 1,401 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 830,000 866 0.1%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 925 21 0.0%
Brookfield Asset Management Inc. Class A limited voting 922,386 41,507 4.5%
Brookfield Asset Management Inc. Pfd. Series 46 22,200 571 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 530,000 525 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 180,000 237 0.0%
Bruce Power LP 2.844% 06-23-2021 770,000 785 0.1%
Bruce Power LP 3.969% 06-23-2026 220,000 227 0.0%
Caisse Centrale Desjardins 2.09% 01-17-2022 960,000 964 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 379,050 498 0.0%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 270,000 373 0.0%
Canada Housing Trust No. 1 1.90% 09-15-2026 7,620,000 7,379 0.7%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 321,955 326 0.0%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 970,000 972 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 580,000 581 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,410,000 1,447 0.1%
Canadian National Railway Co. 143,100 12,942 1.3%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 910,000 930 0.1%
Canadian Natural Resources Ltd. 455,500 17,919 1.8%
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 250,000 265 0.0%
Canadian Western Bank 948,595 28,069 2.8%
Cards II Trust 2.155% 10-15-2020 1,140,000 1,158 0.1%
CHIP Mortgage Trust 2.33% 04-29-2020 390,000 386 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 230,000 229 0.0%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 1,210,000 1,269 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 218,900 285 0.0%
Citigroup Inc. 3.39% 11-18-2021 580,000 606 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 900,000 925 0.1%
Colgate Palmolive Co. 66,590 5,597 0.6%
Comber Wind Financial Corp. 5.132% 11-15-2030 848,750 916 0.1%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 790,000 809 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 440,000 467 0.0%
Cominar REIT 4.247% 05-23-2023 290,000 295 0.0%
Commonwealth of Bahamas 5.75% 01-16-2024 710,000 926 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 370,000 517 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 264,088 348 0.0%
Compagnie Financiere Richemont SA 140,832 14,203 1.4%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 139,642 182 0.0%
Crescent Point Energy Corp. 1,748,700 26,528 2.6%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 620,000 610 0.1%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 458,526 603 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 310,000 306 0.0%
Daimler Canada Finance Inc. 1.78% 08-19-2019 520,000 522 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 500,000 501 0.0%
Danaher Corp. 47,300 5,166 0.5%
Danske Bank AS 2.80% 03-10-2021 144A 450,000 591 0.1%
DBRS Ltd. Term Loan 1st Lien F/R 02-25-2022 176,033 213 0.0%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 370,000 486 0.0%
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 81 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 130,000 182 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 130,000 183 0.0%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 240,000 294 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 390,000 395 0.0%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 380,000 398 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 31,600 576 0.1%
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 820,000 855 0.1%
Enerplus Corp. 2,150,100 24,941 2.5%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 420,000 442 0.0%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 490,000 503 0.1%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 1,450,000 1,633 0.2%
Flex Acquisition Co.Inc. 6.88% Callable 2020 144A 160,000 212 0.0%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 169,575 223 0.0%
Ford Credit Canada Ltd. 2.45% 05-07-2020 600,000 602 0.1%
Fortified Trust 1.67% 07-23-2021 690,000 684 0.1%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 230,000 242 0.0%
Fortive Corp. 121,250 8,728 0.9%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 292,187 247 0.0%
Freehold Royalties Ltd. 279,121 3,606 0.4%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 160,000 211 0.0%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 280,000 307 0.0%
Futures Contracts -3 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 188,571 241 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 879,994 845 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 240,000 239 0.0%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 170,000 243 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 510,000 517 0.1%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 440,000 575 0.1%
Government of Bermuda 4.854% 02-06-2024 1,250,000 1,705 0.2%
Government of Canada 1.25% 12-01-2047 Real Return 3,940,000 4,823 0.5%
Government of Canada 1.50% 06-01-2026 6,485,000 6,344 0.6%
Government of Canada 2.75% 12-01-2048 5,231,000 5,628 0.6%
Government of Portugal 5.125% 10-15-2024 1,030,000 1,300 0.1%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 750,000 775 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 585,000 595 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 250,000 263 0.0%
Great-West Lifeco Inc.* 573,323 20,445 2.0%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 505,859 642 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 500,000 500 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 520,000 521 0.1%
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 410,000 419 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 345,000 351 0.0%
Hennes & Mauritz AB B 561,188 20,875 2.1%
Henry Schein Inc. 62,268 12,954 1.3%
Hollis Receivables Term Trust II 1.788% 02-26-2020 480,000 482 0.0%
Honda Canada Finance Inc. 2.155% 02-18-2021 530,000 535 0.1%
Honda Canada Finance Inc. 2.27% 07-15-2022 370,000 372 0.0%
HSBC Holdings PLC 3.20% 12-05-2023 750,000 754 0.1%
Hydro One Inc. 3.72% 11-18-2047 270,000 264 0.0%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 510,000 515 0.1%
Hydro One Inc. 4.59% 10-09-2043 Callable 2043 460,000 515 0.1%
Hydro-Quebec Generic Strip 02-15-2025 640,000 514 0.1%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 650,000 879 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 790,000 802 0.1%
Industrial Alliance Insurance and Financial Services Inc. F/R 02-23-2027 Callable 2022 180,000 181 0.0%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 315,812 409 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 100,000 112 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 120,000 154 0.0%
Intelsat Luxembourg SA 7.75% 06-01-2021 12,000 5 0.0%
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 789,538 987 0.1%
Johnson & Johnson 121,800 17,951 1.8%
JPMorgan Chase & Co. 3.19% 03-05-2021 810,000 843 0.1%
Keyera Corp. 236,711 9,042 0.9%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 150,000 194 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 608,050 792 0.1%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 540,000 548 0.1%
Linamar Corp. 256,326 14,664 1.5%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 200,000 263 0.0%
Loblaw Companies Ltd. 586,785 40,130 4.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 90,000 86 0.0%
Lower Mattagami Energy LP 3.416% 06-20-2024 230,000 245 0.0%
Mackenzie Unconstrained Fixed Income Fund Series R 175,523 1,790 0.2%
Manulife Bank of Canada 1.915% 09-01-2021 630,000 625 0.1%
Manulife Financial Corp. 1,307,168 32,614 3.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 100,000 133 0.0%
Merrill Lynch 1.30% 08-01-2021 1,300,293 1,282 0.1%
Merrill Lynch 1.37% 11-01-2021 2,621,573 2,588 0.3%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 1,080,223 1,071 0.1%
Metropolitan Life Global Funding I 1.875% 04-16-2020 430,000 431 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 1,767 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 530,000 527 0.1%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 850,000 850 0.1%
National Bank of Canada 2.105% 03-18-2022 1,170,000 1,173 0.1%
Nestlé SA Reg. 57,604 5,476 0.5%
Nike Inc. Class B 300,900 20,715 2.1%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 140,000 140 0.0%
North Battleford Power LP 4.958% 12-31-2032 374,957 415 0.0%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 310,000 404 0.0%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 453,105 585 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 260,000 349 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 300,000 346 0.0%
Nykredit Realkredit A/S 1.00% 01-01-2021 12,330,000 2,410 0.2%
Odebrecht Finance Ltd. 5.25% 06-27-2029 830,000 483 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 220,000 282 0.0%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 660,000 674 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 850,000 891 0.1%
Omnicom Group Inc. 205,768 22,936 2.3%
Onex Corp. Sub. voting 377,052 34,334 3.4%
Ontario Hydro 0% 05-26-2025 590,000 468 0.0%
OPB Finance Trust 2.98% 01-25-2027 Series F 450,000 453 0.0%
Oracle Corp. 452,400 23,615 2.4%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 190,000 200 0.0%
Pembina Pipeline Corp. 854,806 34,509 3.4%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 282,000 283 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 500,000 510 0.1%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 1,170,000 1,232 0.1%
PepsiCo Inc. 42,026 5,676 0.6%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 179,946 236 0.0%
Power Financial Corp.* 608,200 20,563 2.0%
Province of Alberta 3.30% 12-01-2046 2,760,000 2,699 0.3%
Province of British Columbia 2.30% 06-18-2026 1,350,000 1,335 0.1%
Province of British Columbia 2.80% 06-18-2048 1,800,000 1,642 0.2%
Province of Manitoba 2.85% 09-05-2046 2,190,000 1,935 0.2%
Province Of Manitoba 3.40% 09-052-2048 1,170,000 1,157 0.1%
Province of Ontario 0% 06-02-2024 1,270,000 1,054 0.1%
Province of Ontario 0% 06-02-2026 720,000 555 0.1%
Province of Ontario 2.40% 06-02-2026 2,905,000 2,869 0.3%
Province of Ontario 2.90% 12-02-2046 5,360,000 4,909 0.5%
Province of Quebec 0% 04-01-2026 770,000 593 0.1%
Province of Quebec 2.50% 09-01-2026 2,355,000 2,341 0.2%
Province Of Quebec 2.75% 09-01-2027 840,000 844 0.1%
Province of Quebec 3.50% 12-01-2045 7,910,000 8,087 0.8%
Province of Quebec 3.50% 12-01-2048 2,010,000 2,072 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 390,000 515 0.1%
Raging River Exploration Inc. 3,015,230 28,524 2.8%
Reliance LP 3.813% 09-15-2020 350,000 354 0.0%
Reliance LP 5.187% 03-15-2019 230,000 240 0.0%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 140,000 141 0.0%
Royal Bank of Canada 339,500 31,764 3.2%
Royal Bank of Canada 1.583% 09-13-2021 790,000 778 0.1%
Royal Bank of Canada 1.65% 07-15-2021 1,640,000 1,621 0.2%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 630,000 629 0.1%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 450,000 450 0.0%
Royal Bank of Canada 3.31% 01-20-2026 1,660,000 1,699 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 260,000 341 0.0%
Saputo Inc. 104,869 5,024 0.5%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 210,000 211 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 669,449 649 0.1%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 170,000 225 0.0%
Shaw Communications Inc. Class B non-voting 1,178,203 33,072 3.3%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 600,000 671 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 790,000 815 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 630,000 638 0.1%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 1,000,000 1,013 0.1%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 197,500 261 0.0%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 700,000 894 0.1%
TD Securities Inc. 1.45% 12-01-2021 457,168 452 0.0%
Team Health Holdings Inc. Bridge Loan 05-05-2017 Sr. Unsecured 1,820,000 0.0%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 280,000 368 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 200,000 246 0.0%
Tennessee Merger Sub Inc. Term Loan B 1st Lien F/R 01-12-2024 230,000 299 0.0%
The Bank of Nova Scotia 406,500 31,609 3.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,700,000 1,695 0.2%
The Bank of Nova Scotia 2.09% 09-09-2020 1,290,000 1,304 0.1%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 1,470,000 1,543 0.2%
The Goldman Sachs Group Inc. 5.00% 05-03-2018 1,010,000 1,055 0.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 1,110,000 1,065 0.1%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 500,000 502 0.1%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 380,000 387 0.0%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 1,370,000 1,397 0.1%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 60,000 73 0.0%
The Procter & Gamble Co. 102,060 11,635 1.2%
The Standard Life Assurance Co. of Canada F/R 09-21-2022 Callable 2017 370,000 376 0.0%
The Toronto-Dominion Bank 457,888 30,866 3.1%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,620,000 1,584 0.2%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,330,000 1,336 0.1%
The Toronto-Dominion Bank 2.982% 09-30-2025 Callable 2020 550,000 557 0.1%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 1,380,000 1,528 0.2%
Thomson Reuters Corp. 3.309% 11-12-2021 Callable 530,000 553 0.1%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 610,000 667 0.1%
Toyota Credit Canada Inc. 1.80% 02-19-2020 840,000 843 0.1%
Toyota Credit Canada Inc. 2.20% 02-25-2021 610,000 617 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 223,718 285 0.0%
TransAlta Corp. 5.00% 11-25-2020 400,000 418 0.0%
TransCanada Corp. 4.00% Pfd. Series 7 3,700 76 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 3,128 67 0.0%
TransCanada Corp. Pfd. Series 15 56,069 1,427 0.1%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 740,000 772 0.1%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 600,000 618 0.1%
Trillium Windpower LP 5.803% 02-15-2033 313,400 356 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 529,475 694 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 750,000 751 0.1%
Union Gas Ltd. 3.19% 09-17-2025 Callable 840,000 873 0.1%
United Parcel Service Inc. (UPS) Class B 122,337 17,375 1.7%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,190,000 2,960 0.3%
US 10-year Treasury Note Future Put Option @ $120 (Exp. 04-21-2017) 1,356 358 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 464,426 606 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 140,000 145 0.0%
Vancouver Airport Authority 3.857% 11-10-2045 Callable 100,000 102 0.0%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 1,010,000 1,194 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 140,000 139 0.0%
W.W. Grainger Inc. 67,600 22,220 2.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 230,000 233 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 220,000 276 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 1,580,000 1,585 0.2%
Wells Fargo & Co. 2.51% 10-27-2023 550,000 543 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 530,000 518 0.1%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 790,000 818 0.1%
Wells Fargo Canada Corp. 3.04% 01-29-2021 720,000 751 0.1%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 990,000 1,061 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 238,400 312 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 290,000 383 0.0%
WTH Car Rental ULC 1.912% 07-20-2020 190,000 187 0.0%
Total Investments -- 995,037 99.1%
Cash & Equivalents -- 6,643 0.7%
Currency Hedge Contracts -- 1,122 0.1%
Other Assets (Liabilities) -- 1,192 0.1%
Total Net Assets -- 1,003,994 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of March 31, 2017
  • Regional Allocation
      Canada
    EQ : 54.2% | FI : 15.2%
    69.4%
      United States
    EQ : 17.6% | FI : 3.1%
    20.7%
      Sweden
    EQ : 3.1%
    3.1%
      Australia
    EQ : 2.4% | FI : 0.3%
    2.7%
      Other
    FI : 1.2%
    1.2%
      Switzerland
    EQ : 0.7%
    0.7%
      Denmark
    FI : 0.3%
    0.3%
      Cash & Equivalents 1.9%
  • Sector Allocation
      Financials 22.5%
      Fixed Income 19.9%
      Energy 15.5%
      Consumer Discretionary 15.1%
      Consumer Staples 10.2%
      Industrials 5.5%
      Health Care 4%
      Information Technology 2.7%
      Materials 2.4%
      Cash & Equivalents 1.9%
      Other 0.2%
      Utilities 0.1%
Credit Allocation (%)
AAA 3.9%
AA 4.1%
A 6.1%
BBB 3.7%
BB 0.6%
B 1%
C 0.1%
NR 0.6%
Cash & Equivalents 1.9%
Equities 78%

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).