Fund Portfolio – Mackenzie Strategic Bond Fund Series A MFC4345 MFC7214 MFC4346 MFC4347 MFC7215 | Mackenzie Investments

Mackenzie Strategic Bond Fund Series A

Asset Class: Canadian Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2017
Major holdings represent 32.6% of the fund.
View all holdings
Total # of
Equity Holdings
10
Total # of
Fixed Income Holdings
246
Holding name, country and sector Percentage of holding in fund
Mackenzie Global Credit Opportunities SR R
Canada | Pooled Funds
8.7%
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
4.9%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
3.1%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
3.1%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
2.9%
Canada Housing Trust No. 1 2.35% 06-15-2027
Canada | Federal Government
2.6%
Province of Ontario F/R 03-16-2021
Canada | Provincial Governments
2.2%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.9%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
1.8%
Province of Alberta 3.30% 12-01-2046
Canada | Provincial Governments
1.5%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 Callable MTN 370,000 364 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 310,000 302 0.2%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 580,000 598 0.3%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,090,000 1,192 0.6%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 322,000 338 0.2%
Alimentation Couche-Tard Inc. 3.32% 11-01-2019 Callable 730,000 762 0.4%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 420,000 436 0.2%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 320,000 345 0.2%
Allied Properties REIT 3.748% 05-13-2020 Series A 350,000 364 0.2%
Allied Properties REIT 3.93% 11-14-2022 Series B 235,000 244 0.1%
AltaGas Ltd. Pfd. Series K 24,990 626 0.3%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 317,000 315 0.2%
American Axle & Manufacturing Inc. Bridge Loan 08-03-2017 Sr. Unsecured 630,000 0.0%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 480,000 652 0.3%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 225,000 290 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 390,000 527 0.3%
APT Pipelines Ltd. 4.245% 07-24-2019 230,000 241 0.1%
Aviva PLC 4.50% 05-10-2021 220,000 236 0.1%
Bank of America Corp. 3.95% 04-21-2025 80,000 107 0.1%
Bank of Montreal 1.61% 10-28-2021 DPNT 1,140,000 1,131 0.6%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,280,000 1,289 0.7%
Bank of Montreal 3.32% 06-01-2026 2,010,000 2,079 1.1%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 1,190,000 1,231 0.7%
Bell Canada 2.7% 02-27-2024 Callable 640,000 644 0.3%
Bell Canada 4.45% 02-27-2047 Callable 530,000 535 0.3%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 140,000 182 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 888,000 938 0.5%
Brookfield Asset Management Inc. 3.95% 04-09-2019 416,000 435 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 16,901 436 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 350,000 356 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 734,000 765 0.4%
Brookfield Renewable Partners LP Pfd. Series 11 27,910 693 0.4%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 130,000 177 0.1%
Bruce Power L.P. 3.0% 06-21-2024 Callable 2024 Series:17-1 230,000 233 0.1%
Bruce Power LP 2.84% 06-23-2021 1,910,000 1,965 1.0%
Bruce Power LP 3.97% 06-23-2026 170,000 180 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 800,000 809 0.4%
Cameco Corp. 5.67% 09-02-2019 Series D 647,000 696 0.4%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 259,350 349 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 185,000 262 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 2,221,000 2,175 1.2%
Canada Housing Trust No. 1 2.35% 06-15-2027 11,260,000 11,379 6.1%
Canada Housing Trust No. 1 2.40% 12-15-2022 90,000 94 0.0%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 76,981 78 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 543,000 548 0.3%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 820,000 824 0.4%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 390,000 393 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,370,000 1,419 0.8%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 580,000 592 0.3%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 543,000 561 0.3%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 80,000 85 0.0%
Cards II Trust 2.155% 10-15-2020 647,000 660 0.3%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 226,754 300 0.2%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 690,000 0.0%
CHIP Mortgage Trust 2.33% 04-29-2020 82,000 81 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 180,000 180 0.1%
Choice Properties LP 3.00% 09-20-2019 930,000 957 0.5%
Choice Properties LP 3.60% 09-20-2021 200,000 211 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 500,000 532 0.3%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 139,300 186 0.1%
Citigroup Inc. 3.39% 11-18-2021 295,000 310 0.2%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 680,000 712 0.4%
Comber Wind Financial Corp. 5.132% 11-15-2030 394,668 431 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 390,000 400 0.2%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 190,000 195 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 115,000 123 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 450,000 597 0.3%
Commonwealth of Bahamas 6.95% 11-20-2029 260,000 363 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 126,761 169 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 99,744 132 0.1%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 364,000 367 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 174,037 235 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 240,000 241 0.1%
Daimler Canada Finance Inc. 1.78% 08-19-2019 312,000 314 0.2%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 370,000 374 0.2%
Danske Bank AS 2.75% 09-17-2020 144A 200,000 269 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 370,000 497 0.3%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 239,400 320 0.2%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 170,000 172 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 40,000 56 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 80,000 115 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 80,000 117 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 180,000 225 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 330,000 336 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 740,000 732 0.4%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 210,000 222 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 13,930 252 0.1%
Enbridge Inc. 4.24% 08-27-2042 500,000 479 0.3%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,290,000 1,378 0.7%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 410,000 417 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 410,000 420 0.2%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 360,000 380 0.2%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 590,000 677 0.4%
Flex Acquisition Co. Inc. 6.88% Callable 2020 144A 130,000 177 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 119,700 160 0.1%
Fortified Trust 1.67% 07-23-2021 460,000 458 0.2%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 290,000 295 0.2%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 110,000 117 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 110,000 101 0.1%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 130,000 166 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 190,000 213 0.1%
Frontier Communications Corp. 8.75% 04-15-2022 80,000 107 0.1%
Futures Contracts -72 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 137,143 181 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 369,815 355 0.2%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 310,000 419 0.2%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 210,000 282 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 160,000 160 0.1%
Genesis Trust II 1.675% 09-17-2018 520,000 523 0.3%
Genesis Trust II 1.699% 04-15-2020 450,000 453 0.2%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 60,000 63 0.0%
Glacier Credit Card Trust 2.237% 09-20-2020 297,000 302 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 330,000 422 0.2%
Government of Bermuda 4.854% 02-06-2024 1,180,000 1,653 0.9%
Government of Canada 1.00% 06-01-2027 730,000 679 0.4%
Government of Canada 1.25% 12-01-2047 Real Return 3,140,000 3,859 2.0%
Government of Canada 2.75% 12-01-2048 3,550,000 3,876 2.1%
Government of Canada 3.50% 12-01-2045 3,610,000 4,451 2.4%
Government of Portugal 5.125% 10-15-2024 650,000 839 0.4%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 390,000 405 0.2%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 390,000 401 0.2%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 160,000 168 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 214,610 279 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 380,000 382 0.2%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 440,000 444 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 50,000 59 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 1,450,000 1,497 0.8%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 85,714 115 0.1%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 214,286 287 0.2%
Hollis Receivables Term Trust II 1.788% 02-26-2020 460,000 464 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 794,000 813 0.4%
Honda Canada Finance Inc. 1.631% 08-12-2019 329,000 330 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 440,000 446 0.2%
Honda Canada Finance Inc. 2.27% 07-15-2022 310,000 313 0.2%
HSBC Bank Canada 1.816% 07-07-2020 238,000 239 0.1%
HSBC Bank Canada 2.449% 01-29-2021 440,000 451 0.2%
HSBC Bank Canada 2.908% 09-29-2021 700,000 731 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 570,000 581 0.3%
Hydro One Inc. 3.72% 11-18-2047 200,000 199 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 430,000 441 0.2%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 460,000 645 0.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 150,000 153 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 240,000 319 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 148,039 197 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 80,000 105 0.1%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 610,000 622 0.3%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 420,000 432 0.2%
International Finance Corp. 3.625% 05-20-2020 170,000 165 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 364,501 470 0.2%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 05-19-2017 875 69 0.0%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 330,000 440 0.2%
JPMorgan Chase & Co. 3.19% 03-05-2021 690,000 722 0.4%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 145,000 194 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 446,680 594 0.3%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 360,000 368 0.2%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 112,000 150 0.1%
Lower Mattagami Energy LP 2.31% 10-21-2026 300,000 292 0.2%
Manulife Bank of Canada 1.92% 09-01-2021 420,000 419 0.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 250,000 343 0.2%
MCAP Services Corp. 1.85% 03-01-2018 5,536 6 0.0%
Merrill Lynch Canada Inc. 1.30% 08-01-2021 905,103 897 0.5%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 2,463,905 2,443 1.3%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 711,376 709 0.4%
Metropolitan Life Global Funding I 1.875% 04-16-2020 290,000 292 0.2%
Metropolitan Life Global Funding I 3.11% 04-16-2021 60,000 63 0.0%
Mexican Bonos 5.00% 12-11-2019 21,010,000 1,323 0.7%
Molson Coors International LP 2.25% 09-18-2018 760,000 768 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 360,000 361 0.2%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 720,000 726 0.4%
National Bank of Canada 2.105% 03-18-2022 800,000 808 0.4%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 100,000 100 0.1%
North Battleford Power LP 4.958% 12-31-2032 109,743 123 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 260,000 345 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 190,607 251 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 180,000 249 0.1%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 20,000 28 0.0%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 180,000 210 0.1%
Nykredit Realkredit AS 1.00% 01-01-2021 8,440,000 1,663 0.9%
Odebrecht Finance Ltd. 5.25% 06-27-2029 480,000 281 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 133 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 253,000 261 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 600,000 635 0.3%
Ontario Electricity Financial Corp. 0% 11-27-2020 990,000 931 0.5%
OPB Finance Trust 2.98% 01-25-2027 Series F 380,000 387 0.2%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 100,000 106 0.1%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 555,000 560 0.3%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 830,000 858 0.5%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 890,000 948 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 123,121 165 0.1%
Province of Alberta 3.30% 12-01-2046 2,050,000 2,040 1.1%
Province of British Columbia 2.30% 06-18-2026 1,310,000 1,310 0.7%
Province of British Columbia 2.80% 06-18-2048 2,840,000 2,634 1.4%
Province of Manitoba 2.85% 09-05-2046 1,430,000 1,286 0.7%
Province Of Manitoba 3.40% 09-05-2048 1,710,000 1,722 0.9%
Province Of Onatrio 2.60% 06-02-2027 1,000,000 1,007 0.5%
Province of Ontario 0% 06-02-2024 840,000 707 0.4%
Province of Ontario 0% 06-02-2026 480,000 376 0.2%
Province of Ontario 0% 07-13-2022 350,000 315 0.2%
Province of Ontario 0% 12-02-2023 2,280,000 1,955 1.0%
Province of Ontario 2.90% 12-02-2046 6,510,000 6,074 3.2%
Province of Ontario F/R 03-16-2021 4,400,000 4,437 2.4%
Province of Ontario F/R 10-27-2021 2,250,000 2,248 1.2%
Province of Quebec 0% 04-01-2026 480,000 376 0.2%
Province Of Quebec 2.75% 09-01-2027 820,000 836 0.4%
Province of Quebec 3.50% 12-01-2045 5,830,000 6,063 3.2%
Province of Quebec 3.50% 12-01-2048 290,000 305 0.2%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 170,000 170 0.1%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 270,000 368 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 15,000 16 0.0%
Reliance LP 5.187% 03-15-2019 925,000 966 0.5%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 90,220 110 0.1%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 240,000 322 0.2%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 120,000 122 0.1%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 1,320,000 1,490 0.8%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 800,000 792 0.4%
Royal Bank of Canada 1.65% 07-15-2021 910,000 905 0.5%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 640,000 646 0.3%
Royal Bank of Canada 3.31% 01-20-2026 2,010,000 2,075 1.1%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 200,000 267 0.1%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 160,000 163 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 443,018 433 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 119,700 162 0.1%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 170,000 227 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 470,000 580 0.3%
Spy Hill Power LP 4.14% 03-31-2036 93,497 97 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 200,000 207 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,090,000 1,116 0.6%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 794 0.4%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 130,000 132 0.1%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 138,250 186 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 460,000 608 0.3%
TD Securities Inc. 1.45% 12-01-2021 346,265 344 0.2%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 200,000 265 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 130,000 178 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 180,000 237 0.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,570,000 1,575 0.8%
The Bank of Nova Scotia 2.09% 09-09-2020 DPNT 890,000 904 0.5%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 660,000 695 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 520,000 503 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 380,000 385 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 210,000 215 0.1%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 766,000 783 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 40,000 50 0.0%
The Toronto-Dominion Bank 1.68% 06-08-2021 DPNT 350,000 350 0.2%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 1,060,000 1,046 0.6%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,030,000 1,043 0.6%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 920,000 1,037 0.5%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 420,000 462 0.2%
Toyota Canada Credit Inc. 2.02% 02-28-2022 1,000,000 1,004 0.5%
Toyota Credit Canada Inc. 2.20% 02-25-2021 220,000 224 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 97,385 125 0.1%
TransAlta Corp. 5.00% 11-25-2020 190,000 200 0.1%
TransAlta Corp. Pfd. Series A 23,300 305 0.2%
TransCanada Corp. 4.00% Pfd. Series 7 2,817 62 0.0%
TransCanada Corp. Pfd. Series 15 42,688 1,098 0.6%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 434,000 458 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 524,000 541 0.3%
Trillium Windpower LP 5.803% 02-15-2033 99,868 116 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 389,625 521 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 520,000 528 0.3%
Union Gas Ltd. 3.19% 09-17-2025 Callable 550,000 578 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 140,000 139 0.1%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 2,250,000 3,151 1.7%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 366,501 488 0.3%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 107,000 121 0.1%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 680,000 830 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 145,000 152 0.1%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 50,000 52 0.0%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 110,000 120 0.1%
VW Credit Canada Inc. 2.45% 11-14-2017 280,000 282 0.1%
VW Credit Canada Inc. F/R 04-03-2017 280,000 280 0.1%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 60,000 62 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 160,000 205 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 951,000 958 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 820,000 818 0.4%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 355,000 352 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 620,000 650 0.3%
Wells Fargo Canada Corp. 3.04% 01-29-2021 290,000 304 0.2%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 163,900 219 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 150,000 202 0.1%
Total Investments -- 181,081 96.0%
Cash & Equivalents -- 6,810 3.6%
Currency Hedge Contracts -- 3 0.0%
Other Assets (Liabilities) -- 837 0.4%
Total Net Assets -- 188,731 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    81.3%
      United States
    10.1%
      United Kingdom
    1.6%
      Denmark
    1.2%
      Other
    1.1%
      Australia
    1.0%
      Mexico
    0.7%
      Bermuda
    0.6%
      Bahamas
    0.4%
      Portugal
    0.4%
      Cash & Equivalents 1.6%
  • Sector Allocation
      Corporate Bonds 43.7%
      Provincial Bonds 26.1%
      Mutual&Pooled 8.7%
      Federal Bonds 7.9%
      Bank Loans 5.1%
      Mortgage Backed 2.9%
      Foreign Fixed Income 2.1%
      Cash & Equivalents 1.6%
      Equities 1.6%
      Other 0.3%
Credit Allocation (%)
AAA 16.4%
AA 27.1%
A 23.2%
BBB 15.6%
BB 1.6%
B 3.1%
C 0.3%
NR 0.9%
Cash & Equivalents 1.6%
Equities 10.2%

Other Canadian Fixed Income Funds

Portfolio Managers

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

Dan Cooper, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

Konstantin Boehmer

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

You can no longer purchase this fund under the US dollar settlement option.

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 FTSE TMX Canada Universe Bond Index is a broad measure of Canadian bonds with terms to maturity of more than one year. It includes approximately 1,000 federal, provincial, municipal and corporate bonds rated 'BBB' or higher.

†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).