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, 2018
Major holdings represent 26.2% of the fund.
View all holdings
Total # of
Equity Holdings
9
Total # of
Fixed Income Holdings
466
Holding name, country and sector Percentage of holding in fund
Government of Canada 2.00% 06-01-2028
Canada | Federal Government
3.8%
Canada Housing Trust No. 1 F/R 03-15-2023
Canada | Federal Government
3.4%
Province of Ontario 2.40% 06-02-2026
Canada | Provincial Governments
3.1%
Province of Ontario 2.90% 06-02-2049
Canada | Provincial Governments
2.8%
Province of Ontario 2.60% 09-08-2023
Canada | Provincial Governments
2.5%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.5%
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
2.3%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
2.0%
Province of Ontario F/R 06-27-2022
Canada | Provincial Governments
2.0%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
1.8%

Complete Fund Holdings Help Full holdings list

As of February 28, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 730,000 742 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 310,000 310 0.1%
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 43,066 56 0.0%
Advanced Micro Devices Inc. 7.50% 08-15-2022 41,141 58 0.0%
AerCap Ireland Capital Designated Activity Co. 3.30% 01-23-2023 Callable 2022 250,000 315 0.1%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 400,000 385 0.2%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 265,877 262 0.1%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 580,000 592 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,090,000 1,155 0.5%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 322,000 327 0.1%
Alibaba Group Holding Ltd. 3.40% 12-06-2027 Callable 2027 230,000 281 0.1%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 510,000 497 0.2%
Allied Properties Real Estate Investment Trust 3.75% 03-13-2020 300,000 306 0.1%
Allied Properties Real Estate Investment Trust 3.93% 11-14-2022 195,000 198 0.1%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 260,000 263 0.1%
AltaGas Ltd. Pfd. Series K 9,047 230 0.1%
AltaLink LP 3.72% 12-03-2046 Callable MTN 317,000 324 0.1%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 62,299 77 0.0%
American Woodmark Corp. 4.88% 03-15-2026 Callable 2021 144A 14,105 18 0.0%
AMS FinCo SARL Term Loan 1st Lien F/R 05-27-2024 76,022 98 0.0%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 840,000 817 0.3%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 480,000 614 0.2%
Anheuser-Busch InBev Finance Inc. 4.32% 05-15-2047 Callable Series MPLE 290,000 300 0.1%
Antero Resources Corp. 5.00% 03-01-2025 68,764 89 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 390,000 507 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 230,000 235 0.1%
ArcelorMittal SA 5.13% 06-01-2020 47,018 63 0.0%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 437,528 540 0.2%
Arcos Dorados Holdings Inc. 5.88% 04-04-2027 Callable 2022 111,668 148 0.1%
Arcos Dorados Holdings Inc. 6.63% 09-27-2023 47,018 65 0.0%
Argentine Bonos del Tesoro 21.20% 09-19-2018 1,492,820 94 0.0%
Artis Real Estate Investment Trust 3.753% 03-27-2019 330,000 333 0.1%
Asian Development Bank 6.00% 02-24-2021 4,031,792 78 0.0%
Asian Development Bank 6.45% 08-08-2021 1,939,491 38 0.0%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 371,106 451 0.2%
AT&T Inc. 3.825% 11-25-2020 260,000 269 0.1%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 112,930 145 0.1%
Aviva PLC 4.50% 05-10-2021 510,000 533 0.2%
Bank of America Corp. 3.228% 06-22-2022 220,000 223 0.1%
Bank of America Corp. 3.95% 04-21-2025 80,000 103 0.0%
Bank of America Corp. F/R 03-15-2023 Callable 2022 640,000 634 0.3%
Bank of America Corp. F/R 09-20-2025 Callable 2024 932,860 941 0.4%
Bank of Montreal 2.27% 07-11-2022 1,370,000 1,348 0.5%
Bank of Montreal 2.70% 09-11-2024 DPNT 890,000 879 0.3%
Bank of Montreal 3.32% 06-01-2026 2,428,159 2,462 1.1%
Bank of Montreal F/R 12-15-2032 Callable 2027 409,404 502 0.2%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 400,000 396 0.2%
Bell Canada 2.70% 02-27-2024 Callable 610,579 597 0.2%
Bell Canada 3.35% 06-18-2019 550,000 558 0.2%
Bell Canada 3.60% 09-29-2027 Callable MTN 1,100,000 1,104 0.4%
Bell Canada 4.45% 02-27-2047 Callable 720,000 729 0.3%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 144A 23,509 25 0.0%
Big Ass Fans LLC Term Loan 1st Lien F/R 05-07-2024 11,754 15 0.0%
BMC Acquisition Inc. Term Loan 1st Lien F/R 12-15-2024 11,754 15 0.0%
Brazil Notas do Tesouro Nacional 10.00% 01-01-2027 33,500 136 0.1%
Brookfield Asset Management Inc. Pfd. Series 46 13,866 360 0.1%
Brookfield Asset Management Inc. Pfd. Series 48 9,192 233 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 350,000 346 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 734,000 746 0.3%
Brookfield Renewable Partners LP Pfd. Series 11 18,589 467 0.2%
Bruce Power LP 2.84% 06-23-2021 1,910,000 1,918 0.8%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 700,000 693 0.3%
Bruce Power LP 3.97% 06-23-2026 420,000 435 0.2%
Burger King France SAS 6.00% 05-01-2024 Callable 2020 171,616 286 0.1%
BWAY Holding Co. 7.25% 04-15-2025 144A 25,860 34 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 129,299 132 0.1%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 144A 58,193 73 0.0%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 41,141 50 0.0%
Cameco Corp. 5.67% 09-02-2019 647,000 672 0.3%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 280,096 363 0.1%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 82,869 113 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 350,537 458 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 314,071 399 0.2%
Canada Housing Trust F/R 09-15-2022 3,460,000 3,487 1.5%
Canada Housing Trust No. 1 2.40% 12-15-2022 4,390,000 4,412 1.9%
Canada Housing Trust No. 1 2.65% 03-15-2028 1,080,000 1,083 0.4%
Canada Housing Trust No. 1 F/R 03-15-2023 8,500,000 8,530 3.5%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 65,028 65 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 543,000 538 0.2%
Canadian Imperial Bank of Commerce 2.30% 07-11-2022 DPNT 950,000 936 0.4%
Canadian Imperial Bank of Commerce 2.47% 12-05-2022 1,042,930 1,031 0.4%
Canadian Imperial Bank of Commerce 3.00% 10-28-2024 Callable 2019 420,000 423 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,470,000 1,494 0.6%
Canadian National Railway Co. 3.60% 08-01-2047 Callable 2047 190,000 190 0.1%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 310,000 305 0.1%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 80,000 83 0.0%
Canadian Western Bank 2.74% 06-16-2022 DPNT 220,000 218 0.1%
Canadian Western Bank 2.92% 12-15-2022 440,579 437 0.2%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 800,000 809 0.3%
Cards II Trust 2.155% 10-15-2020 647,000 643 0.3%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 17,497 23 0.0%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 336,859 430 0.2%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-29-2024 58,332 76 0.0%
Cemex Finance LLC 6.00% 04-01-2024 Callable 2019 144A 45,843 62 0.0%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 28,211 36 0.0%
Central 1 Credit Union 2.60% 11-07-2022 320,000 315 0.1%
Central 1 Credit Union F/R 02-05-2021 190,000 190 0.1%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 90,510 114 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 510,000 508 0.2%
Chassix Inc. Term Loan B 1st Lien F/R 11-10-2023 229,386 298 0.1%
CHIP Mortgage Trust 2.98% 11-15-2021 180,000 176 0.1%
Chloe Ox Parent LLC Term Loan 1st Lien F/R 12-19-2024 22,334 29 0.0%
Choice Properties Real Estate Investment Trust 3.01% 03-21-2022 Callable 2022 163,526 164 0.1%
Choice Properties Real Estate Investment Trust 3.55% 01-10-2025 Callable 2024 277,053 277 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 500,000 513 0.2%
CHS/Community Health Systems Inc. 5.13% 08-01-2021 42,316 50 0.0%
Citigroup Inc. 3.39% 11-18-2021 295,000 302 0.1%
Citigroup Inc. 4.09% 06-09-2025 680,000 699 0.3%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 94,036 124 0.0%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 52,895 68 0.0%
Colbun SA 4.50% 07-10-2024 Callable 2024 51,720 68 0.0%
Comber Wind Financial Corp. 5.132% 11-15-2030 375,934 403 0.2%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 319,864 401 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 361,563 482 0.2%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 320,000 430 0.2%
Commonwealth of Bahamas 6.95% 11-20-2029 165,281 232 0.1%
Communications Sales & Leasing Inc. 7.13% 12-15-2024 Callable 2019 144A 76,404 88 0.0%
Communications Sales & Leasing Inc. 8.25% 10-15-2023 Callable 2019 31,737 38 0.0%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 148,826 184 0.1%
Conn's Inc. 7.25% 07-15-2022 Callable 26,448 34 0.0%
Constellium NV 4.25% 02-15-2026 Callable 2020 21,158 34 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 52,895 69 0.0%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-20-2024 34,755 45 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 364,000 374 0.1%
CSC Holdings LLC Term Loan B 1st Lien F/R 01-12-2026 193,509 249 0.1%
CSM NV Term Loan B F/R 07-03-2020 41,409 53 0.0%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 172,253 222 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 240,000 247 0.1%
CU Inc. 3.964% 07-27-2045 Callable 70,000 74 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 82,281 112 0.0%
Danske Bank AS 2.75% 09-17-2020 144A 200,000 255 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 370,000 471 0.2%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 378,682 492 0.2%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 72,878 92 0.0%
Deerfield Holdings Corp. Term Loan B 1st Lien F/R 12-06-2024 11,754 15 0.0%
Denbury Resources Inc. 5.50% 05-01-2022 Callable 2017 10,579 11 0.0%
Denbury Resources Inc. 9.00% 05-15-2021 Callable 144A 18,807 25 0.0%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 72,878 67 0.0%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-29-2023 1 0.0%
Diamond (BC) BV Term Loan 1st Lien F/R 09-06-2024 34,088 44 0.0%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 40,000 52 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 80,000 108 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 80,000 110 0.0%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 115,281 150 0.1%
Digicert Holdings Inc. Term Loan 2nd Lien F/R 10-31-2025 5,877 8 0.0%
DISH DBS Corp. 5.875% 11-15-2024 65,825 79 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 330,000 327 0.1%
Eagle Credit Card Trust 2.63% 10-17-2022 170,000 169 0.1%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 300,388 389 0.2%
EIG Management Co. LLC Term Loan B 1st Lien F/R 01-30-2025 14,105 18 0.0%
Elo Touch Solutions Inc. Term Loan B 1st Lien F/R 10-25-2023 23,450 30 0.0%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 490,000 481 0.2%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 290,000 279 0.1%
Enbridge Inc. 4.57% 03-11-2044 1,330,000 1,339 0.5%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 2,005,721 1,956 0.9%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 410,000 413 0.2%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 410,000 418 0.2%
Envigo Holdings Inc. Term Loan B 1st Lien F/R 12-14-2023 229,386 289 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 338,228 335 0.1%
European Bank for Reconstruction & Development 6.00% 05-04-2020 11,519,400 225 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 450,000 576 0.2%
FAGE International SA / FAGE USA Dairy Industry Inc. 5.625% 08-15-2026 Callable 2021 144A 152,221 184 0.1%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 460,000 453 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 77,580 81 0.0%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 950,000 1,488 0.6%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 1,772,299 1,737 0.7%
Federative Republic of Brazil 5.63% 02-21-2047 143,993 179 0.1%
First Quantum Minerals Ltd. 6.88% 03-01-2026 Callable 2021 144A 39,965 51 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 52,895 70 0.0%
Fortified Trust 1.67% 07-23-2021 460,000 447 0.2%
Fortified Trust 2.16% 10-23-2020 910,000 904 0.4%
FortisAlberta Inc. 3.67% 09-09-2047 Callable 2047 100,000 101 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.75% 03-15-2022 Callable 2020 144A 38,790 51 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 144A 94,036 124 0.0%
Frontier Communications Corp. 9.25% 07-01-2021 29,386 35 0.0%
Futures Contracts -10 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 249,317 316 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-26-2024 23,724 31 0.0%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 122,247 168 0.1%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 23,509 30 0.0%
Gaz Metro Inc. 1.52% 05-25-2020 160,000 158 0.1%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 390,000 381 0.2%
Genesis Trust II 1.699% 04-15-2020 660,000 651 0.3%
Genworth Holdings Inc. Term Loan 1st Lien F/R 02-28-2023 15,281 20 0.0%
GFL Environmental Inc. 5.38% 03-01-2023 Callable 2020 144A 47,018 60 0.0%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 47,018 49 0.0%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 656,178 661 0.3%
Glacier Credit Card Trust 2.05% 09-20-2022 670,000 649 0.3%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 1,910,000 2,398 1.1%
Government of Canada 1.00% 06-01-2027 730,000 655 0.3%
Government of Canada 1.00% 09-01-2022 490,000 469 0.2%
Government of Canada 1.25% 12-01-2047 Real Return 4,080,000 5,127 2.1%
Government of Canada 1.50% 06-01-2023 210,000 204 0.1%
Government of Canada 2.00% 06-01-2028 9,950,000 9,714 4.0%
Government of Canada 2.25% 06-01-2025 590,000 593 0.2%
Government of Canada 2.75% 12-01-2048 3,020,000 3,272 1.4%
Government of Dominican Republic 7.50% 05-06-2021 146,931 203 0.1%
Government of Germany 0.50% 02-15-2028 54,071 80 0.0%
Government of Russia 7.05% 01-19-2028 5,994,792 138 0.1%
Government of Turkey 11.00% 02-24-2027 622,988 204 0.1%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 100,000 100 0.0%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 144A 119,896 124 0.0%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 205,923 269 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 126,456 164 0.1%
Greenlight Merger Corp. Term Loan B 1st Lien F/R 05-31-2024 81,870 106 0.0%
H&R Real Estate Investment Trust 2.92% 05-06-2022 320,000 316 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 590,000 582 0.2%
H&R Real Estate Investment Trust 3.42% 01-23-2023 Callable 2022 224,702 225 0.1%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 144A 47,018 56 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 1,715,651 1,728 0.7%
Hollis Receivables Term Trust II 1.788% 02-26-2020 1,060,000 1,050 0.4%
HSBC Bank Canada 2.17% 06-29-2022 1,480,000 1,443 0.6%
HSBC Bank Canada 2.54% 01-31-2023 530,000 522 0.2%
HSBC Holdings PLC 3.20% 12-05-2023 570,000 573 0.2%
Husky Energy Inc. 4.45% 12-31-2049 Pfd. Series 1 6,145 112 0.0%
Husky IMS International Ltd. Bridge Loan Exp. 12-16-2018 2,930,000 0.0%
Hydro One Inc. 3.72% 11-18-2047 550,000 560 0.2%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 368,106 476 0.2%
I-Logic Technologies Bidco Ltd. Term Loan B 1st Lien F/R 12-20-2024 19,983 26 0.0%
Impala Private Holdings II LLC Term Loan 1st Lien F/R 11-10-2024 25,860 33 0.0%
Indivior Finance SARL Term Loan B 1st Lien F/R 12-14-2022 15,281 20 0.0%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 150,000 151 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,280,000 1,236 0.5%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 MTN 610,000 597 0.2%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 420,000 412 0.2%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 03-01-2024 266,630 345 0.1%
International Finance Corp. 3.625% 05-20-2020 170,000 161 0.1%
International Finance Corp. 6.30% 11-25-2024 7,348,908 144 0.1%
International Finance Corp. 7.00% 07-20-2027 4,537,234 286 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 294,592 380 0.2%
IRB Holding Corp. 6.75% 02-15-2026 Callable 2021 144A 98,193 126 0.1%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 72,878 75 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03-16-2018 227 9 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 06/15/2018 296 52 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 03/16/2018 228 17 0.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 144A 50,000 64 0.0%
Jaguar Land Rover Automotive PLC 4.25% 11-15-2019 144A 47,018 61 0.0%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-25-2022 321,792 417 0.1%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 81,664 104 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 47,018 61 0.0%
JPMorgan Chase & Co. 3.19% 03-05-2021 450,000 459 0.2%
KEMET Corp. Term Loan B 1st Lien F/R 04-26-2024 415,744 544 0.2%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 82,076 106 0.0%
Kronos Acquisition Holdings Inc. 9.00% 08-15-2023 144A 7,053 9 0.0%
Lamb Weston Holdings Inc. 4.88% 11-01-2026 Callable 2021 144A 31,737 41 0.0%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 16,484 21 0.0%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 185,802 240 0.1%
Laurentian Bank of Canada 3.00% 09-12-2022 710,000 703 0.3%
Laurentian Bank of Canada F/R 10-22-2019 450,579 451 0.2%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 362,789 471 0.2%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-09-2022 37,171 43 0.0%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 94,036 126 0.1%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 177,194 235 0.1%
Lifetime Brands Inc. Term Loan B 1st Lien F/R 03-31-2025 12,930 17 0.0%
Livingston International Inc. Term Loan 1st Lien F/R 03-18-2020 17,494 17 0.0%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 27,958 27 0.0%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 27,035 35 0.0%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 44,220 4,342 1.8%
Manulife Bank of Canada 1.92% 09-01-2021 420,000 410 0.2%
Manulife Bank of Canada 2.08% 05-26-2022 590,000 575 0.2%
Manulife Bank of Canada 2.84% 01-12-2023 338,228 338 0.1%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 690,000 679 0.3%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 238,720 250 0.1%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 151,702 204 0.1%
McAfee LLC Term Loan B 1st Lien F/R 09-30-2024 357,298 462 0.2%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 840,000 841 0.3%
MEG Energy Corp. 7.00% 03-31-2024 Callable 2018 144A 42,316 46 0.0%
Meredith Corp. 6.88% 02-01-2026 Callable 2021 144A 30,562 40 0.0%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 365,843 473 0.2%
Metro Inc. 2.68% 12-05-2022 Callable 2022 163,526 162 0.1%
Metro Inc. 3.39% 12-06-2027 Callable 2027 348,228 341 0.1%
Mexican Udibonos Inflation Indexed Bonds 4.50% 12-04-2025 464,302 201 0.1%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 360,000 353 0.1%
Morgan Stanley 3.00% 02-07-2024 751,106 744 0.3%
Mountain Province Diamonds Inc. 8.00% 12-15-2022 Callable 2019 144A 15,281 20 0.0%
National Bank of Canada 1.96% 06-30-2022 4,510,000 4,376 1.8%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 148,807 195 0.1%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 29,386 36 0.0%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 41,141 52 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 204,702 260 0.1%
Nokia OYJ 3.38% 06-12-2022 21,158 26 0.0%
Nokia OYJ 5.38% 05-15-2019 80,283 106 0.0%
North Battleford Power LP 4.958% 12-31-2032 106,376 116 0.0%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 540,000 516 0.2%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 290,000 289 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 144A 251,546 314 0.1%
NuVista Energy Ltd. 6.50% 03-02-2023 Callable 2020 36,439 36 0.0%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 148,807 192 0.1%
Odebrecht Finance Ltd. 5.25% 06-27-2029 220,000 64 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 252,913 329 0.1%
Olin Corp. 5.00% 02-01-2030 Callable 2024 29,386 37 0.0%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 125 0.0%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,280,000 1,289 0.5%
Ontario Electricity Financial Corp. 0% 11-27-2020 990,000 930 0.4%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 1,410,000 1,412 0.6%
OPB Finance Trust 2.98% 01-25-2027 380,000 380 0.2%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 101,754 132 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 162,212 168 0.1%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 555,000 545 0.2%
Penske Automotive Group Inc. 3.75% 08-15-2020 43,492 56 0.0%
Petrobras Global Finance BV 7.38% 01-17-2027 94,036 131 0.1%
Petroleos De Venezuela SA 6.00% 05-16-2024 500,931 164 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 79,931 80 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 208,446 219 0.1%
Pilgrim's Pride Corp. 5.88% 09-30-2027 Callable 2022 144A 61,123 76 0.0%
Pioneer Holding LLC 9.00% 11-01-2022 Callable 2019 144A 60,000 81 0.0%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 119,700 154 0.1%
Premier Foods Finance PLC 6.50% 03-15-2021 Callable 79,931 143 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 375,843 487 0.2%
Province of Newfoundland 3.70% 10-17-2048 1,800,000 1,927 0.8%
Province of Ontario 0% 06-02-2024 840,000 709 0.3%
Province of Ontario 0% 06-02-2026 480,000 377 0.1%
Province of Ontario 0% 07-13-2022 350,000 313 0.1%
Province of Ontario 2.40% 06-02-2026 8,160,000 7,944 3.3%
Province of Ontario 2.60% 06-02-2027 8,260,000 8,106 3.3%
Province of Ontario 2.60% 09-08-2023 5,250,000 5,278 2.2%
Province of Ontario 2.80% 06-02-2048 4,900,000 4,620 1.9%
Province of Ontario 2.90% 12-02-2046 4,820,000 4,628 1.9%
Province of Ontario 4.60% 06-02-2039 1,080,000 1,331 0.5%
Province of Ontario F/R 06-27-2022 5,000,000 5,031 2.1%
Province of Ontario Generic Coupon Strip 0% 12-02-2023 2,280,000 1,958 0.9%
Province of Quebec 0% 04-01-2026 Generic Strip 480,000 379 0.2%
Province of Quebec 2.50% 09-01-2026 1,360,000 1,335 0.5%
Province of Quebec 2.75% 09-01-2027 3,350,000 3,336 1.4%
Province of Quebec 3.50% 12-01-2045 5,830,000 6,272 2.6%
Province of Quebec 3.50% 12-01-2048 3,310,000 3,590 1.5%
PSC Industrial Outsourcing LP Term Loan 2nd Lien F/R 10-05-2025 8,228 10 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 208,211 270 0.1%
Puma International Financing SA 5.00% 01-24-2026 Callable 2021 152,808 192 0.1%
Q Holding Co. Term Loan B 1st Lien F/R 12-17-2021 81,650 106 0.0%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 45,255 59 0.0%
Quad Graphics Inc. 7.00% 05-01-2022 58,772 78 0.0%
Quebecor Media Inc. 6.625% 01-15-2023 144A 17,162 19 0.0%
Quinpario Acquisition Corp. 2 B Term Loan 1st Lien F/R 06-30-2023 33,875 43 0.0%
Quintiles IMS Inc. 2.88% 09-15-2025 Callable 2020 29,386 46 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 54,071 73 0.0%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 265,773 344 0.1%
Refresco Group NV Term Loan B 1st Lien F/R 09-27-2024 5,877 8 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2018 144A 189,343 255 0.1%
Reliance LP 3.84% 03-15-2025 Callable 2025 389,404 386 0.2%
Republic of Argentina 4.63% 01-11-2023 52,895 66 0.0%
Republic of Argentina 5.88% 01-11-2028 106,378 128 0.1%
Republic of Argentina 6.88% 01-11-2048 19,983 23 0.0%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 377,018 480 0.2%
Research Now Group Inc. Term Loan 2nd Lien F/R 12-20-2025 8,228 10 0.0%
Resolute Forest Products Inc. 5.875% 05-15-2023 56,422 75 0.0%
Reynolds Group Issuer Inc./Reynolds Group Issuer LLC/Reynolds Group Issue Lu 5.125% 07-15-2023 47,018 62 0.0%
Rite Aid Corp. 7.70% 02-15-2027 119,896 143 0.1%
Robertshaw Holdings Corp. Term Loan 2nd Lien F/R 02-02-2025 3,526 5 0.0%
Robertshaw US Holding Corp. Term Loan 1st Lien F/R 02-15-2025 8,228 11 0.0%
Royal Bank of Canada 2.00% 03-21-2022 1,880,000 1,835 0.7%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 640,000 624 0.2%
Royal Bank of Canada 2.36% 12-05-2022 378,228 372 0.1%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 400,000 533 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 11-04-2022 88,277 115 0.0%
Scientific Games International Inc. 6.25% 09-01-2020 Callable 94,036 122 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 417,631 402 0.2%
Shaw Communications Inc. Pfd Series A 2,967 56 0.0%
Sinclair Television Group Inc. Term Loan B 1st Lien F/R 12-12-2024 172,334 222 0.1%
SmartCentres Real Estate Investment Trust 3.83% 12-21-2027 Callable 2027 120,000 118 0.0%
SMI Acquisition Inc. Term Loan 1st Lien F/R 10-27-2024 9,404 12 0.0%
SNC-Lavalin Group Inc. 2.69% 11-24-2020 112,351 112 0.0%
SoftBank Group Corp. 4.75% 09-19-2024 Callable 2024 29,386 37 0.0%
SoftBank Group Corp. 5.38% 07-30-2022 Callable 2022 11,754 15 0.0%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 216,283 236 0.1%
Source Energy Services Ltd. 4,494 28 0.0%
Sprint Capital Corp. 6.875% 11-15-2028 62,299 77 0.0%
Sprint Corp. 7.63% 02-15-2025 Callable 2024 18,807 24 0.0%
Sprint Corp. 7.875% 09-15-2023 19,983 27 0.0%
Spy Hill Power LP 4.14% 03-31-2036 91,401 93 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 303,310 387 0.2%
Stonegate Pub Company Financing PLC 4.88% 03-15-2022 Callable 2019 94,036 165 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 200,000 202 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,090,000 1,087 0.4%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 328,228 325 0.1%
Sunshine Investments BV Term Loan B3 1st Lien F/R 12-15-2024 22,334 29 0.0%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 217,458 220 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 551,685 692 0.3%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 147,632 191 0.1%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 144A 52,334 63 0.0%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 45,843 59 0.0%
Team Health Holdings Inc. 6.38% 02-01-2025 Callable 2020 144A 69,351 82 0.0%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 23,509 29 0.0%
TELUS Corp. 3.35% 04-01-2024 Callable 460,000 466 0.2%
TELUS Corp. 3.63% 03-01-2028 Callable 2027 295,877 295 0.1%
TELUS Corp. 4.70% 03-06-2048 Callable 2047 530,000 544 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 74,053 95 0.0%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 243,440 303 0.1%
TerraForm Power Operating LLC Term Loan B 1st Lien F/R 11-02-2022 70,527 91 0.0%
Teva Pharmaceutical Finance Netherlands III BV 3.15% 10-01-2026 Callable 133,778 140 0.1%
The Bank of Nova Scotia 1.83% 04-27-2022 1,110,000 1,074 0.4%
The Bank of Nova Scotia 1.90% 12-02-2021 DPNT 1,170,000 1,141 0.5%
The Bank of Nova Scotia 2.29% 06-28-2024 1,870,000 1,805 0.7%
The Bank of Nova Scotia 2.36% 11-08-2022 1,020,000 1,004 0.4%
The Bank of Nova Scotia 4.50% 12-16-2025 260,000 342 0.1%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 571,141 715 0.3%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 740,000 730 0.3%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 760,000 743 0.3%
The Goldman Sachs Group Inc. 3.31% F/R 10-31-2025 Callable 2024 600,000 595 0.2%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 520,000 494 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 530,000 527 0.2%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 766,000 771 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 18,807 24 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 28,211 22 0.0%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 28,211 36 0.0%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 1,101,106 1,055 0.4%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 3,280,000 3,251 1.4%
Thomas Cook Group PLC 6.25% 06-15-2022 Callable 2019 94,036 159 0.1%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 348,228 343 0.1%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 420,000 450 0.2%
Tortoise Borrower LLC Term Loan 1st Lien F/R 11-20-2024 11,754 15 0.0%
TransAlta Corp. Pfd. Series A 19,843 301 0.1%
TransCanada Corp. Pfd. Series 15 18,327 474 0.2%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 590,000 597 0.2%
TransCanada Trust F/R 05-18-2077 Callable 2027 622,351 616 0.2%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 410,000 416 0.2%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 92,930 120 0.0%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 193,509 249 0.1%
Trillium Windpower LP 5.80% 02-15-2033 95,978 109 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 314,601 407 0.2%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 360,000 359 0.1%
United States Treasury 2.25% 11-15-2027 90,000 109 0.0%
United States Treasury 3.00% 05-15-2047 430,000 538 0.2%
United States Treasury Inflation Indexed 0.89% 02-15-2047 3,590,000 4,576 1.9%
Valeant Pharmaceuticals International Inc. 5.63% 12-01-2021 Callable 144A 24,920 30 0.0%
Valeant Pharmaceuticals International Inc. 9.00% 12-15-2025 Callable 2021 51,720 67 0.0%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 530,000 517 0.2%
Ventas Realty LP 4.00% 03-01-2028 Callable 2027 260,000 331 0.1%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 680,000 796 0.3%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 14,693 16 0.0%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 43,492 46 0.0%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 159,983 206 0.1%
VRX Escrow Corp. 5.375% 03-15-2020 Callable 144A 61,123 78 0.0%
Waste Pro USA Inc. 5.50% 02-15-2026 Callable 2021 144A 42,316 55 0.0%
Wells Fargo & Co. 2.222% 03-15-2021 771,000 762 0.3%
Wells Fargo & Co. 2.98% 05-19-2026 355,000 342 0.1%
Westcoast Energy Inc. 4.79% 10-28-2041 410,000 449 0.2%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-23-2023 33,918 44 0.0%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 220,211 296 0.1%
Wind Tre SPA 5.00% 01-20-2026 Callable 2020 90,510 101 0.0%
Xplornet Communications Inc. 9.63% 06-01-2022 Callable 2019 144A 47,053 62 0.0%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 228,232 296 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 217,035 277 0.1%
Total Investments -- 244,798 97.2%
Cash & Equivalents -- 6,939 2.8%
Currency Hedge Contracts -- -487 -0.2%
Other Assets (Liabilities) -- 547 0.2%
Total Net Assets -- 251,797 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2018
  • Regional Allocation
      Canada
    74.6%
      United States
    17.4%
      Other
    2.0%
      United Kingdom
    1.9%
      Bermuda
    0.9%
      Australia
    0.8%
      Belgium
    0.6%
      Bahamas
    0.5%
      Netherlands
    0.4%
      Denmark
    0.3%
      Cash & Equivalents 0.6%
  • Sector Allocation
      Corporate Bonds 45.4%
      Provincial Bonds 23.6%
      Federal Bonds 14.6%
      Bank Loans 8.1%
      Foreign Fixed Income 4.6%
      Mutual&Pooled 1.7%
      Equities 0.8%
      Other 0.6%
      Cash & Equivalents 0.6%
Credit Allocation (%)
AAA 20.1%
AA 32.9%
A 14.7%
BBB 16.6%
BB 4.4%
B 7.5%
CCC & Below 1.3%
NR 1%
Cash & Equivalents 0.7%
Equities 0.8%

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, MBA

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).