Fund Portfolio – Mackenzie Ivy Canadian Fund Series F MFC075 | Mackenzie Investments

Mackenzie Ivy Canadian Fund Series F

Asset Class: Canadian Equity

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2019
Major holdings represent 41% of the fund.
View all holdings
Total # of
Equity Holdings
Holding name, country and sector Percentage of holding in fund
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
Dollarama Inc
Canada | General Merchandise Stores
Pembina Pipeline Corp
Canada | Oil & Gas Storage & Transport
Onex Corp
Canada | Multi-Sector Holdings
Shaw Communications Inc
Canada | Cable & Satellite
Amcor Ltd/Australia
Australia | Paper Packaging
Johnson & Johnson
United States | Pharmaceuticals
Bank of Nova Scotia/The
Canada | Diversified Banks
Royal Bank of Canada
Canada | Diversified Banks
Toronto-Dominion Bank/The
Canada | Diversified Banks

Complete Fund Holdings Help Full holdings list

As of February 28, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Alimentation Couche-Tard Inc. Class B Sub. voting 467,909 34,705 3.8%
Amcor Ltd. 2,265,500 31,826 3.5%
Brookfield Asset Management Inc. Class A limited voting 897,255 53,333 5.8%
Brookfield Property Partners LP 594,700 15,349 1.7%
Canadian National Railway Co. 167,800 18,948 2.1%
Canadian Western Bank 275,594 8,447 0.9%
CCL Industries Inc. Class B non-voting 425,800 22,891 2.5%
CGI Inc. 104,811 9,247 1.0%
Covetrus Inc. 116,102 5,464 0.6%
Dollarama Inc. 1,253,620 44,654 4.9%
EnCana Corp. 2,058,600 19,886 2.2%
Gildan Activewear Inc. 257,992 12,141 1.3%
Great-West Lifeco Inc.* 538,509 16,295 1.8%
Henkel AG & Co. KGaA Pfd. 166,200 21,845 2.4%
Hennes & Mauritz AB B 1,083,644 21,570 2.3%
Henry Schein Inc. 290,255 22,639 2.5%
Johnson & Johnson 175,727 31,582 3.4%
Manulife Financial Corp. 833,540 18,538 2.0%
Onex Corp. Sub. voting 508,814 40,273 4.4%
Oracle Corp. 393,100 26,954 2.9%
Pembina Pipeline Corp. 968,107 46,624 5.1%
PepsiCo Inc. 59,300 9,020 1.0%
Power Financial Corp.* 646,800 18,997 2.1%
Premium Brands Holdings Corp. 286,800 21,215 2.3%
Reckitt Benckiser Group PLC 219,000 22,033 2.4%
Royal Bank of Canada 276,297 28,417 3.1%
Saputo Inc. 440,500 18,893 2.1%
Seven Generations Energy Ltd. 1,332,700 12,821 1.4%
Shaw Communications Inc. Class B non-voting 1,358,374 36,866 4.0%
TELUS Corp. 538,900 25,759 2.8%
The Bank of Nova Scotia 404,297 29,570 3.2%
The Toronto-Dominion Bank 383,180 28,915 3.1%
TransCanada Corp. 325,400 19,150 2.1%
United Parcel Service Inc. (UPS) Class B 67,245 9,747 1.1%
W.W. Grainger Inc. 45,300 18,159 2.0%
Total Investments -- 822,773 89.8%
Cash & Equivalents -- 93,249 9.9%
Currency Hedge Contracts -- 1,583 0.2%
Other Assets (Liabilities) -- 809 0.1%
Total Net Assets -- 918,414 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2019
  • Regional Allocation
      United States
      United Kingdom
      Cash & Equivalents 11.8%
  • Sector Allocation
      Financials 24.9%
      Consumer Staples 13.1%
      Cash & Equivalents 11.8%
      Energy 9.8%
      Consumer Discretionary 8.1%
      Materials 6.8%
      Health Care 6.7%
      Communication Serv. 6.5%
      Industrials 5.1%
      Information Technology 3.2%
      Utilities 2.2%
      Real Estate 1.8%

Other Canadian Equity 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

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.

Effective June 1, 2018, the management fee and/or administration fee of series F, PW, PWB, PWT, PWFB, and PWX of the fund was reduced. The new fees will not be fully reflected in the current MER until the semi-annual MER for the period ended September 30, 2019.

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 60% S&P/TSX Composite Index, 30% S&P 500 Index and 10% MSCI EAFE 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 to view the funds/products using currency derivatives to hedge exchange risk.