Fund Portfolio – Mackenzie Private Global Fixed Income Pool Series PWF MFC6590 | Mackenzie Investments

Mackenzie Private Global Fixed Income Pool Series PWF

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 27.6% of the fund.
View all holdings
Total # of
Equity Holdings
8
Total # of
Fixed Income Holdings
358
Holding name, country and sector Percentage of holding in fund
United States Treasury 1.01% 02-15-2048 Inflation Indexed
United States | Foreign Governments
4.4%
United States Treasury 0.75% 07-15-2028 Inflation Indexed
United States | Foreign Governments
3.6%
United States Treasury 2.38% 05-15-2029
United States | Foreign Governments
3.4%
United States Treasury 2.38% 04-30-2026
United States | Foreign Governments
3.3%
United States Treasury 0.87% 01-15-2029
United States | Foreign Governments
2.4%
Queensland Treasury Corp. 2.75% 08-20-2027
Australia | Foreign Governments
2.4%
Government of Japan 0% 11-11-2019
Japan | Foreign Governments
2.3%
United States Treasury 0.50% 01-15-2028 Inflation Indexed
United States | Foreign Governments
2.2%
Government of Japan 0.10% 09-20-2019
Japan | Foreign Governments
2.0%
United States Treasury 0.13% 07-15-2026 Inflation Indexed
United States | Foreign Governments
1.7%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 1,810 2 0.0%
407 International Inc. 3.43% 06-01-2033 MTN 3,810 4 0.1%
407 International Inc. 3.60% 05-21-2047 Callable 8,022 9 0.2%
407 International Inc. 3.65% 09-08-2044 Callable MTN 2,800 3 0.1%
407 International Inc. 3.67% 03-08-2049 Callable 2048 2,922 3 0.1%
407 International Inc. 3.72% 05-11-2048 Callable 2047 2,366 3 0.1%
Abu Dhabi National Energy Co. 3.63% 06-22-2021 15,008 20 0.5%
Access Justice Durham 5.02% 08-31-2039 2,076 2 0.0%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 1,244 2 0.0%
AerCap Ireland Capital Designated Activity Co. 4.45% 10-01-2025 Callable 2025 729 1 0.0%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 1,422 1 0.0%
Aimco Realty Investors LP 2.712% 06-01-2029 Callable 2029 5,829 6 0.1%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 843 1 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 1,865 2 0.0%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 2,709 3 0.1%
AltaGas Ltd. Pfd. Series K 211 4 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 1,450 2 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 8,601 9 0.2%
Anheuser-Busch InBev Worldwide Inc. 4.75% 01-23-2029 Callable 2028 257 0.0%
Apple Inc. 2.51% 08-19-2024 Callable 2024 38,403 39 1.1%
Aroundtown SA 4.63% 09-18-2025 Callable 2025 1,458 2 0.0%
Artis Real Estate Investment Trust 3.68% 02-22-2021 722 1 0.0%
Asian Development Bank 6.00% 02-24-2021 816,613 15 0.4%
AT&T Inc. 2.85% 05-25-2024 5,364 5 0.1%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 8,070 9 0.2%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 2,366 3 0.1%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 874 1 0.0%
Bank of America Corp. 3.30% 04-24-2024 Callable 2023 1,172 1 0.0%
Bank of America Corp. 3.95% 04-21-2025 6,842 9 0.2%
Bank of America Corp. F/R 02-07-2022 Callable 2021 13,242 20 0.5%
Bank of America Corp. F/R 04-25-2025 Callable 2024 6,335 6 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 10,803 11 0.3%
Bank of Montreal 2.27% 07-11-2022 3,531 4 0.1%
Bank of Montreal 2.70% 09-11-2024 DPNT 6,204 6 0.1%
Bank of Montreal 2.85% 03-06-2024 1,215 1 0.0%
Bank of Montreal 2.89% 06-20-2023 2,166 2 0.0%
Bank of Montreal 3.19% 03-01-2028 1,937 2 0.0%
Bank of Montreal 3.32% 06-01-2026 3,516 4 0.1%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 1,837 2 0.0%
BCPE Cycle Merger Sub II Inc. 10.63% 07-15-2027 Callable 2022 144A 883 1 0.0%
Bell Canada 2.70% 02-27-2024 Callable 2,323 2 0.0%
Bell Canada 3.80% 08-21-2028 Callable 2028 2,980 3 0.1%
Bell Canada 4.45% 02-27-2047 Callable 3,102 3 0.1%
BP Capital Markets PLC 3.47% 05-15-2025 2,773 3 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 164 4 0.1%
Brookfield Asset Management Inc. Pfd. Series 48 139 3 0.1%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 12,420 13 0.3%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 18,017 19 0.5%
Brookfield Renewable Energy Partners ULC 3.75% 06-02-2025 Callable 2025 2,630 3 0.1%
Brookfield Renewable Partners LP Pfd. Series 11 383 8 0.2%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 6,955 7 0.2%
Bruce Power LP 2.84% 06-23-2021 3,431 3 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 15,213 16 0.4%
Bruce Power LP 3.97% 06-23-2026 7,520 8 0.2%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 34 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 845 1 0.0%
Canada Housing Trust 2.35% 06-15-2023 26,874 28 0.8%
Canada Housing Trust 2.90% 06-15-2024 3,159 3 0.1%
Canada Housing Trust F/R 09-15-2023 6,933 7 0.2%
Canadian Credit Card Trust II 1.83% 03-24-2020 3,924 4 0.1%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 3,123 3 0.1%
Canadian Imperial Bank of Commerce 2.97% 07-11-2023 7,355 8 0.2%
Canadian Imperial Bank of Commerce 3.29% 01-15-2024 1,044 1 0.0%
Canadian Imperial Bank of Commerce 3.30% 05-26-2025 5,411 6 0.1%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 6,261 6 0.1%
Canadian Imperial Bank of Commerce F/R 06-19-2029 Callable 2024 1,358 1 0.0%
Canadian Mortgage Pools 1.75% 06-01-2024 1,301 1 0.0%
Canadian National Railway Co. 3.00% 02-08-2029 Callable 2028 1,387 1 0.0%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 6,608 7 0.2%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 1,572 2 0.0%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 4,596 5 0.1%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 2,673 3 0.1%
Capital Power Corp. 4.99% 01-23-2026 Callable 2025 915 1 0.0%
Cards II Trust 2.16% 10-15-2020 12,565 13 0.3%
CBS Corp. 4.20% 06-01-2029 Callable 2029 1,801 2 0.0%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 6,825 7 0.2%
Central 1 Credit Union F/R 02-05-2021 593 1 0.0%
Charter Communications Operating LLC 4.50% 02-01-2024 Callable 2024 1,308 2 0.0%
Charter Communications Operating LLC 5.05% 03-30-2029 Callable 2028 1,644 2 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,987 2 0.0%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 3,370 4 0.1%
Choice Properties Real Estate Investment Trust 3.54% 06-11-2029 Callable 2029 1,644 2 0.0%
Choice Properties Real Estate Investment Trust 3.55% 01-10-2025 Callable 2024 736 1 0.0%
Choice Properties Real Estate Investment Trust 4.06% 11-24-2025 Callable 1,844 2 0.0%
Choice Properties Real Estate Investment Trust 4.18% 03-08-2028 Callable 2027 2,108 2 0.0%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 6,180 8 0.2%
City of Oslo 3.65% 11-08-2023 44,141 7 0.2%
City of Oslo F/R 05-06-2026 176,565 27 0.8%
City of Stockholm F/R 02-15-2022 88,282 13 0.3%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 17,656 24 0.7%
Commonwealth of Bahamas 5.75% 01-16-2024 22,071 31 0.9%
Commonwealth of Bahamas 6.95% 11-20-2029 15,449 23 0.7%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 883 1 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 4,582 5 0.1%
Cordelio Amalco GP I 4.09% 09-30-2034 3,978 4 0.1%
Corporacion Andina de Fomento 3.25% 02-11-2022 2,207 3 0.1%
Corporacion Andina de Fomento 4.375% 06-15-2022 7,063 10 0.2%
Crombie Real Estate Investment Trust 4.80% 01-31-2025 Callable 2024 636 1 0.0%
Crosslinx Transit Solutions General Partnership 4.65% 09-30-2046 1,865 2 0.0%
CU Inc. 3.76% 11-19-2046 Callable 2046 1,001 1 0.0%
CU Inc. 3.95% 11-23-2048 Callable 2048 1,565 2 0.0%
CU Inc. 3.96% 07-27-2045 Callable 1,499 2 0.0%
Eagle Credit Card Trust 2.15% 09-17-2020 3,023 3 0.1%
Eagle Credit Card Trust 2.63% 10-17-2022 3,662 4 0.1%
Eagle Credit Card Trust 3.04% 07-17-2023 750 1 0.0%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 428 1 0.0%
Emera Inc. 2.90% 06-16-2023 1,744 2 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 1,587 2 0.0%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 1,058 1 0.0%
Enbridge Inc. 4.57% 03-11-2044 13,545 15 0.4%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 39,973 40 1.1%
Enbridge Inc. F/R 04-12-2078 Callable 2028 16,435 18 0.4%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 10,896 11 0.3%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 7,865 8 0.2%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 2,191 3 0.1%
EPCOR Utilities Inc. 3.11% 07-08-2049 Callable 2049 6,407 6 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 7,053 8 0.2%
EPR Properties 4.95% 04-15-2028 Callable 2028 972 1 0.0%
Export-Import Bank of Korea 1.93% 02-24-2020 144A 11,477 11 0.3%
Fairfax Financial Holdings Ltd. 4.23% 06-14-2029 Callable 2029 2,366 2 0.0%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 5,390 6 0.1%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,780 2 0.0%
Fairfax Financial Holdings Ltd. 4.95% 03-03-2025 793 1 0.0%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 1,372 2 0.0%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 9,945 16 0.4%
Fédération des Caisses Desjardins du Québec 2.09% 01-17-2022 3,138 3 0.1%
Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 4,603 5 0.1%
Fédération des Caisses Desjardins du Québec 3.06% 09-11-2023 4,160 4 0.1%
Federative Republic of Brazil 10.00% 01-01-2029 4,414 18 0.4%
Fortified Trust 1.67% 07-23-2021 4,267 4 0.1%
Fortified Trust 2.56% 03-23-2024 1,544 2 0.0%
FortisAlberta Inc. 3.67% 09-09-2047 Callable 2047 343 0.0%
FortisAlberta Inc. 3.74% 09-18-2048 Callable 2048 393 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 1,324 2 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 15,449 21 0.5%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 75 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 2,168 2 0.0%
Fusion Connect Inc. Term Loan DIP 1st Lien F/R 10-03-2019 132 0.0%
Futures Contracts -13 -0.3%
Gaz Metro Inc. 1.52% 05-25-2020 722 1 0.0%
General Electric Capital Corp. F/R 07-30-2019 88,282 12 0.3%
General Electric Co. 8.35% 09-03-2022 264,847 18 0.4%
Genesis Trust II 1.70% 04-15-2020 4,560 5 0.1%
Government of Argentina 6.88% 04-22-2021 10,152 12 0.3%
Government of Australia 3.25% 04-21-2029 49,880 54 1.4%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 9,711 13 0.3%
Government of Bermuda 4.13% 01-03-2023 8,828 12 0.3%
Government of Bermuda 4.85% 02-06-2024 29,707 42 1.1%
Government of Canada 0.75% 09-01-2020 1,837 2 0.0%
Government of Canada 1.00% 06-01-2027 1,987 2 0.0%
Government of Canada 1.00% 09-01-2022 1,329 1 0.0%
Government of Canada 1.25% 12-01-2047 Real Return 20,670 29 0.8%
Government of Canada 1.50% 06-01-2026 629 1 0.0%
Government of Canada 1.50% 09-01-2024 49,052 49 1.3%
Government of Canada 1.75% 05-01-2021 27,081 27 0.8%
Government of Canada 2.00% 09-01-2023 1,215 1 0.0%
Government of Canada 2.00% 12-01-2041 Real Return 1,036 2 0.0%
Government of Canada 2.25% 06-01-2029 393 0.0%
Government of Canada 2.75% 12-01-2048 34,214 43 1.2%
Government of Canada 3.50% 06-01-2020 10,106 10 0.2%
Government of Cayman Islands 5.95% 11-24-2019 22,071 30 0.8%
Government of Chile 4.00% 03-01-2023 3,972,718 8 0.2%
Government of Chile 4.50% 03-01-2021 7,504,033 15 0.4%
Government of Japan 0% 08-13-2019 7,504,015 91 2.3%
Government of Japan 0.10% 09-20-2019 6,621,189 80 2.1%
Government of Mexico 7.50% 06-03-2027 258,668 18 0.4%
Government of Qatar 4.50% 01-20-2022 11,477 16 0.4%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 2,302 2 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,086 1 0.0%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 3,073 3 0.1%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 1,394 1 0.0%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 3,399 4 0.1%
Health Montreal Collective LP 6.72% 09-30-2049 1,065 1 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 11,723 12 0.3%
Heathrow Funding Ltd. 3.40% 03-08-2028 11,128 12 0.3%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 6,919 7 0.2%
Heathrow Funding Ltd. 4.875% 07-15-2021 9,932 14 0.3%
Hollis Receivables Term Trust II 1.79% 02-26-2020 21,970 22 0.5%
HSBC Bank Canada 2.17% 06-29-2022 5,232 5 0.1%
HSBC Bank Canada 2.25% 09-15-2022 822 1 0.0%
HSBC Bank Canada 2.54% 01-31-2023 4,589 5 0.1%
HSBC Bank Canada 3.25% 09-15-2023 1,765 2 0.0%
HSBC Holdings PLC 0.45% 09-24-2021 4,414,124 54 1.4%
HSBC Holdings PLC 3.20% 12-05-2023 2,473 3 0.1%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 5,202 5 0.1%
Hydro One Inc. 3.63% 06-25-2049 Callable 2048 901 1 0.0%
Hydro One Inc. 3.72% 11-18-2047 8,381 9 0.2%
Hydro-Quebec Interest Strip 0% 02-15-2025 2,058 2 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 7,318 7 0.2%
Inter Pipeline Ltd. 3.17% 03-24-2025 Callable 2024 MTN 2,566 3 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 5,397 6 0.1%
Inter-American Development Bank 7.88% 03-14-2023 129,788,294 13 0.3%
International Finance Corp. 3.63% 05-20-2020 3,440 3 0.1%
International Finance Corp. 7.00% 07-20-2027 425,522 28 0.8%
International Finance Corp. 8.38% 05-31-2029 331,059 23 0.7%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 3,355 3 0.1%
iShares Barclays Capital TB ETF Put Option @ $116.00 Exp. 09-20-2019 4 0.0%
iShares Barclays Capital TB ETF Put Option @ $117.00 Exp. 09-20-2019 4 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $82.00 Exp. 07-19-2019 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 07-19-2019 8 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 11-15-2019 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 07-19-2019 4 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.50 Exp. 07-19-2019 7 0.0%
iShares J.P. Morgan USD Emerging Markets Bond ETF 106 16 0.4%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 3,969 4 0.1%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 1,321 2 0.0%
JPMorgan Chase & Co. 3.19% 03-05-2021 2,916 3 0.1%
Keyera Corp. F/R 06-13-2079 Callable 2029 2,207 2 0.0%
KFW 3.75% 05-29-2020 37,520 34 0.9%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 1,766 2 0.0%
Mackenzie Floating Rate Income ETF 711 15 0.4%
Mackenzie Global High Yield Fixed Income ETF 2,119 41 1.1%
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) 259 25 0.7%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 959 98 2.5%
Manulife Bank of Canada 1.92% 09-01-2021 2,980 3 0.1%
Manulife Bank of Canada 2.08% 05-26-2022 2,001 2 0.0%
Manulife Bank of Canada 2.84% 01-12-2023 4,174 4 0.1%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 5,315 5 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 2,366 2 0.0%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 19,827 21 0.5%
Morgan Stanley 3.00% 02-07-2024 19,025 19 0.5%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 100,000 0.0%
National Bank of Canada 1.96% 06-30-2022 10,493 10 0.2%
National Bank of Canada 2.98% 03-04-2024 2,466 3 0.1%
NAV Canada 3.21% 09-29-2050 Callable 2050 122 0.0%
NAV Canada 3.29% 03-30-2048 Callable 2047 1,086 1 0.0%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 1,910 2 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 1,766 2 0.0%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 90,000 0.0%
North Battleford Power LP 4.96% 12-31-2032 1,183 1 0.0%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 1,973 2 0.0%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 1,058 1 0.0%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 6,098 7 0.2%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 3,420 4 0.1%
Nykredit Realkredit AS F/R 07-01-2019 176,565 25 0.7%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 2,351 3 0.1%
OMERS Finance Trust 2.60% 05-14-2029 7,504 8 0.2%
OMERS Realty Corp. 2.47% 11-12-2019 Callable 8,828 9 0.2%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 7,397 8 0.2%
OMERS Realty Corp. 3.63% 06-05-2030 Callable 2030 2,158 2 0.0%
Ontario Electricity Financial Corp. 0% 11-27-2020 18,076 18 0.4%
Ontario Hydro 0% 05-26-2025 1,844 2 0.0%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 2,001 2 0.0%
Ontario Power Generation Inc. 3.84% 06-22-2048 Callable 2047 1,179 1 0.0%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 3,203 4 0.1%
OPB Finance Trust 2.98% 01-25-2027 4,424 5 0.1%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 3,090 4 0.1%
Parkland Fuel Corp. 5.88% 07-15-2027 Callable 2022 144A 221 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 2,075 3 0.1%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 1,029 1 0.0%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 4,048 4 0.1%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 1,444 2 0.0%
PepsiCo Inc. 2.50% 11-01-2022 4,414 8 0.2%
Petroleos De Venezuela SA 6.00% 05-16-2024 3,973 1 0.0%
Petroleos Mexicanos 6.50% 01-23-2029 3,531 4 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 4,803 6 0.1%
Province of Alberta 2.20% 06-01-2026 32,223 33 0.9%
Province of Newfoundland 3.00% 06-02-2026 10,943 12 0.3%
Province of Newfoundland 3.70% 10-17-2048 12,216 14 0.3%
Province of Ontario 0% 06-02-2024 10,406 9 0.2%
Province of Ontario 0% 06-02-2026 2,266 2 0.0%
Province of Ontario 0% 07-13-2022 4,195 4 0.1%
Province of Ontario 2.30% 09-08-2024 7,240 7 0.2%
Province of Ontario 2.65% 02-05-2025 2,952 3 0.1%
Province of Ontario 2.65% 12-02-2050 18,912 20 0.5%
Province of Ontario 2.70% 06-02-2029 36,300 38 1.0%
Province of Ontario 2.90% 06-02-2028 34,679 37 1.0%
Province of Ontario 2.90% 06-02-2049 38,267 42 1.1%
Province of Ontario 4.60% 06-02-2039 2,859 4 0.1%
Province of Ontario F/R 08-21-2023 5,360 5 0.1%
Province of Ontario Generic Coupon Strip 0% 12-02-2023 5,039 5 0.1%
Province of Quebec 0% 04-01-2026 Generic Strip 2,416 2 0.0%
Province Of Quebec 2.75% 09-01-2028 8,555 9 0.2%
Province of Quebec 3.10% 12-01-2051 2,287 3 0.1%
Province of Quebec 3.50% 12-01-2048 27,045 33 0.9%
Province of Saskatchewan 3.05% 12-02-2028 27,368 29 0.8%
Province of Saskatchewan 3.30% 06-02-2048 2,373 3 0.1%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 1,314 2 0.0%
Queensland Treasury Corp. 2.75% 08-20-2027 108,146 107 2.7%
Realkredit Danmark A/S F/R 10-01-2019 61,798 9 0.2%
Republic of Argentina 6.88% 01-11-2048 3,090 3 0.1%
Republic of South Africa 8.00% 01-31-2030 439,647 39 1.1%
Rite Aid Corp. 7.70% 02-15-2027 11,035 9 0.2%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 5,259 5 0.1%
Royal Bank of Canada 2.36% 12-05-2022 1,136 1 0.0%
Royal Bank of Canada 2.95% 05-01-2023 14,509 15 0.4%
Royal Bank of Canada 3.30% 09-26-2023 1,966 2 0.0%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 1,787,721 37 1.0%
Santander Consumer Bank AS F/R 03-30-2020 132,424 19 0.5%
Saudi Arabian Oil Co. 2.88% 04-16-2024 144A 23,836 31 0.9%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 1,693 2 0.0%
Shaw Communications Inc. 3.80% 03-01-2027 Callable 1,179 1 0.0%
Shaw Communications Inc. 4.40% 11-02-2028 Callable 2028 2,752 3 0.1%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 3,090 5 0.1%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 1,221 2 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 9,535 9 0.2%
Source Energy Services Ltd. 89 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 4,339 6 0.1%
Sprint Spectrum Co. LLC 4.74% 03-20-2025 144A 815 1 0.0%
Spy Hill Power LP 4.14% 03-31-2036 1,154 1 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 11,635 12 0.3%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 5,704 6 0.1%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 1,036 1 0.0%
Suncor Energy Inc. 3.10% 05-24-2029 Callable 2029 5,231 5 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.63% 04-28-2026 Callable 2026 144A 2,108 3 0.1%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 6,998 7 0.2%
TC Energy Corp. Pfd. Series 15 268 7 0.2%
Telus Corp. 2.75% 07-08-2026 4,141 4 0.1%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 2,943 3 0.1%
TELUS Corp. 3.35% 04-01-2024 Callable 1,308 1 0.0%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 565 1 0.0%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 221 0.0%
The Bank of Nova Scotia 1.90% 12-02-2021 DPNT 4,932 5 0.1%
The Bank of Nova Scotia 2.29% 06-28-2024 5,482 6 0.1%
The Bank of Nova Scotia 2.36% 11-08-2022 2,437 2 0.0%
The Bank of Nova Scotia 2.98% 04-17-2023 33,643 35 1.0%
The Bank of Nova Scotia 6.45% 01-01-2025 1,796 2 0.0%
The Bank of Nova Scotia F/R 07-03-2029 Callable 2024 1,358 1 0.0%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 2,888 3 0.1%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 25,161 22 0.5%
The Goldman Sachs Group Inc. F/R 10-28-2027 Callable 2026 30,899 41 1.1%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 9,665 9 0.2%
The Korea Development Bank 5.13% 11-13-2020 17,656 16 0.4%
The Manufacturers Life Insurance Co. 2.39% 01-05-2026 Callable 2021 2,287 2 0.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 11,450 11 0.3%
The Toronto-Dominion Bank 2.05% 12-01-2022 2,156 2 0.0%
The Toronto-Dominion Bank 2.50% 12-02-2024 2,502 3 0.1%
The Toronto-Dominion Bank 2.85% 03-08-2024 2,194 2 0.0%
The Toronto-Dominion Bank 3.01% 05-30-2023 1,444 1 0.0%
The Toronto-Dominion Bank 5.38% 07-01-2028 4,179 5 0.1%
The Toronto-Dominion Bank 5.50% 04-01-2024 619 1 0.0%
The Toronto-Dominion Bank 6.13% 12-01-2024 3,209 4 0.1%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 851 1 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 2,207 3 0.1%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 7,997 8 0.2%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 4,275 5 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 4,260 5 0.1%
TransAlta Corp. Pfd. Series A 331 4 0.1%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 9,441 10 0.2%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 1,796 2 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 9,200 9 0.2%
Transurban Finance Co. Pty. Ltd. 4.56% 11-14-2028 Callable 2028 2,787 3 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 79,454 81 2.1%
Trico Group LLC Term Loan 1st Lien F/R 02-02-2024 2,994 4 0.1%
Trillium Windpower LP 5.80% 02-15-2033 1,122 1 0.0%
Trulieve Cannabis Corp. 9.75% 06-18-2024 1,324 2 0.0%
Trulieve Cannabis Corp. Warrants Exp.06-18-2022 28 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 6,004 8 0.2%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 1,179 1 0.0%
United States Treasury 0.13% 07-15-2024 Inflation Indexed 32,223 45 1.2%
United States Treasury 0.50% 01-15-2028 Inflation Indexed 61,798 85 2.2%
United States Treasury 0.50% 04-15-2024 Inflation Indexed 34,609 47 1.3%
United States Treasury 0.75% 07-15-2028 Inflation Indexed 99,566 138 3.5%
United States Treasury 0.87% 01-15-2029 Inflation Indexed 45,024 62 1.6%
United States Treasury 1.00% 02-15-2049 Inflation Indexed 28,250 40 1.1%
United States Treasury 1.01% 02-15-2048 Inflation Indexed 109,029 156 3.9%
United States Treasury 2.38% 04-30-2026 94,021 127 3.2%
United States Treasury 2.38% 05-15-2029 12,215 17 0.4%
United States Treasury 2.63% 02-15-2029 1,036 1 0.0%
United States Treasury 2.75% 02-15-2028 2,016 3 0.1%
United States Treasury 2.88% 08-15-2028 1,172 2 0.0%
United States Treasury 2.88% 09-30-2023 6,748 9 0.2%
United States Treasury 2.88% 10-31-2023 1,660 2 0.0%
United States Treasury 3.13% 11-15-2028 2,809 4 0.1%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 6,321 7 0.2%
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 212 10 0.2%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 3,045 3 0.1%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 793 1 0.0%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 878 1 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 2,615 3 0.1%
Vodafone Group PLC 3.75% 01-16-2024 3,299 5 0.1%
Volkswagen Financial Services NV 1.75% 04-17-2020 8,828 15 0.4%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 2,622 3 0.1%
Wells Fargo & Co. 2.98% 05-19-2026 1,617 2 0.0%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 9,478 10 0.2%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 4,582 6 0.1%
Welltower Inc. 4.25% 04-15-2028 Callable 2028 1,172 2 0.0%
Westcoast Energy Inc. 4.79% 10-28-2041 1,637 2 0.0%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 2,207 3 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 2,964 4 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 3,421 4 0.1%
Total Investments -- 3,929 96.5%
Cash & Equivalents -- 76 1.9%
Currency Hedge Contracts -- 38 0.9%
Other Assets (Liabilities) -- 27 0.7%
Total Net Assets -- 4,070 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      Canada
    35.0%
      United States
    32.4%
      Other
    12.0%
      Australia
    4.2%
      Japan
    4.2%
      United Kingdom
    2.6%
      Bahamas
    1.7%
      Germany
    1.7%
      Luxembourg
    1.5%
      Mexico
    1.5%
      Cash & Equivalents 3.2%
  • Sector Allocation
      Foreign Fixed Income 42.6%
      Corporate Bonds 30.9%
      Provincial Bonds 8%
      Mutual&Pooled 5%
      Federal Bonds 4.3%
      Other 3.3%
      Cash & Equivalents 3.2%
      Bank Loans 1.5%
      Equities 0.8%
      Mortgage Backed 0.4%
Credit Allocation (%)
AAA 12%
AA 36.6%
A 23.5%
BBB 17%
BB 4.4%
B 2.6%
CCC & Below 0.6%
NR 0.3%
Cash & Equivalents 2.4%
Equities 0.8%

Other Global Fixed Income Funds

Portfolio Managers

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

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 BofA Merrill Lynch Global Broad Market (Hedged to CAD) Index tracks the performance of investment grade debt publicly issued in the major domestic and eurobond markets, including sovereign, quasi-government, corporate, securitized and collateralized securities. Qualifying bonds must be rated "BBB" or higher and have a remaining term to maturity of at least one year. The foreign currency exposure is hedged back to the Canadian dollar.

†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 ratings issued by a designated rating organization.