Fund Portfolio – Mackenzie Ivy Foreign Equity Fund Series F MFC077 MFC1905 | Mackenzie Investments

Mackenzie Ivy Foreign Equity Fund Series F

Asset Class: Global Equity

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 33.2% of the fund.
View all holdings
Total # of
Equity Holdings
Holding name, country and sector Percentage of holding in fund
Seven & i Holdings Co Ltd
Japan | Food Retail
Henkel AG & Co KGaA
Germany | Household Products
Omnicom Group Inc
United States | Advertising
Costco Wholesale Corp
United States | Hypermarkets & Super Centres
Procter & Gamble Co
United States | Household Products
Johnson & Johnson
United States | Pharmaceuticals
PepsiCo Inc
United States | Soft Drinks
WW Grainger Inc
United States | Trading Companies/Distributors
Brookfield Asset Management Inc
Canada | Asset Mgmnt & Custody Banks
Comcast Corp
United States | Cable & Satellite

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Admiral Group PLC 2,542,137 93,334 2.1%
Aggreko PLC 3,223,686 42,347 1.0%
Amcor PLC 10,811,814 160,862 3.7%
Amphenol Corp. Class A 223,847 28,124 0.6%
Becton, Dickinson and Co. 90,343 29,815 0.7%
Brambles Ltd. 6,314,242 74,738 1.7%
Bridgestone Corp. 844,200 43,501 1.0%
Brookfield Asset Management Inc. Class A limited voting 1,951,215 122,244 2.8%
CK Hutchison Holdings Ltd. 6,946,700 89,682 2.0%
Colgate Palmolive Co. 519,920 48,797 1.1%
Comcast Corp. Class A 2,589,486 143,374 3.3%
Compass Group PLC 1,106,786 34,728 0.8%
Costco Wholesale Corp. 366,839 126,949 2.9%
Danaher Corp. 628,550 117,640 2.7%
Fortive Corp. 461,159 49,231 1.1%
Henkel AG & Co. KGaA Pfd. 1,167,550 149,558 3.4%
Hennes & Mauritz AB B 3,266,078 76,179 1.7%
Henry Schein Inc. 1,554,350 142,282 3.2%
Johnson & Johnson 811,876 148,082 3.4%
Nike Inc. Class B 414,829 45,605 1.0%
Omnicom Group Inc. 1,453,189 155,953 3.6%
Oracle Corp. 1,260,450 94,036 2.1%
PepsiCo Inc. 988,588 169,762 3.9%
Publicis Groupe SA 634,567 43,874 1.0%
Reckitt Benckiser Group PLC 1,248,200 128,973 2.9%
Samsonite International SA 10,689,859 32,118 0.7%
Seven & i Holdings Co. Ltd. 3,912,900 173,395 4.0%
Sonic Healthcare Ltd. 1,820,777 45,345 1.0%
Taiwan Semiconductor Manufacturing Co. Ltd. 4,427,500 44,736 1.0%
The Procter & Gamble Co. 1,033,585 148,415 3.4%
The TJX Companies Inc. 319,048 22,094 0.5%
U.S. Bancorp 1,256,279 86,207 2.0%
Unicharm Corp. 679,900 26,792 0.6%
Unilever NV CVA 906,400 72,293 1.6%
United Parcel Service Inc. (UPS) Class B 745,358 100,800 2.3%
W.W. Grainger Inc. 373,426 131,170 3.0%
Total Investments -- 3,243,035 73.8%
Cash & Equivalents -- 1,136,636 26.1%
Other Assets (Liabilities) -- 3,645 0.1%
Total Net Assets -- 4,383,316 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      United States
      United Kingdom
      Hong Kong
      Cash & Equivalents 27.8%
  • Sector Allocation
      Cash & Equivalents 27.8%
      Consumer Staples 23.3%
      Industrials 11.5%
      Health Care 9.8%
      Communication Serv. 7.4%
      Financials 7.1%
      Consumer Discretionary 5.1%
      Information Technology 4.8%
      Materials 3.2%

Other Global Equity Funds

Portfolio Managers

Paul Musson, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Ivy Team

Investment experience since 1992

Matt Moody, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Ivy Team

Investment experience since 1999

Robert McKee, MSc, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Ivy Team

Investment experience since 2007

Hussein Sunderji, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Ivy Team

Investment experience since 2007

Note: USD option is capped to new purchases.

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 MSCI World Index is a free float adjusted, market capitalization weighted index that is designed to measure the equity market performance of developed markets. It consists of 24 developed market country indices.

†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.