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 March 31, 2017
Major holdings represent 25.3% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
278
Holding name, country and sector Percentage of holding in fund
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
4.6%
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%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
1.6%
Province of Alberta 3.30% 12-01-2046
Canada | Provincial Governments
1.5%

Complete Fund Holdings Help Full holdings list

As of January 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 370,000 360 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 310,000 297 0.2%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 580,000 585 0.3%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 960,000 1,036 0.6%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 322,000 338 0.2%
Alimentation Couche-Tard Inc. 3.319% 11-01-2019 Callable 730,000 761 0.4%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 420,000 432 0.2%
Alimentation Couche-Tard Inc. 4.214% 08-21-2020 320,000 344 0.2%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 235,000 241 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 350,000 362 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 317,000 310 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 480,000 635 0.4%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 225,000 288 0.2%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 390,000 510 0.3%
APT Pipelines Ltd. 4.245% 07-24-2019 230,000 241 0.1%
Aviva PLC 4.50% 05-10-2021 220,000 235 0.1%
Bank of America Corp. 3.95% 04-21-2025 80,000 103 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,140,000 1,125 0.6%
Bank of Montreal 1.88% 03-31-2021 1,280,000 1,282 0.7%
Bank of Montreal 3.32% 06-01-2026 2,010,000 2,061 1.1%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 1,010,000 1,036 0.6%
Bell Canada 2.00% 10-01-2021 1,470,000 1,457 0.8%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 300,000 309 0.2%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 140,000 179 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 888,000 936 0.5%
Brookfield Asset Management Inc. 3.95% 04-09-2019 416,000 434 0.2%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 704 16 0.0%
Brookfield Asset Management Inc. Pfd. Series 46 16,901 434 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 350,000 347 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 624,000 641 0.4%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 130,000 171 0.1%
Bruce Power LP 2.844% 06-23-2021 1,520,000 1,549 0.9%
Bruce Power LP 3.969% 06-23-2026 170,000 175 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 800,000 803 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 259,350 341 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 185,000 256 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 13,481,000 13,054 6.9%
Canada Housing Trust No. 1 2.40% 12-15-2022 90,000 93 0.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 78,190 79 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 543,000 546 0.3%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 820,000 822 0.5%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 390,000 391 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,370,000 1,406 0.8%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 580,000 589 0.3%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 543,000 555 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 647,000 657 0.4%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 226,754 294 0.2%
CHIP Mortgage Trust 2.33% 04-29-2020 82,000 81 0.0%
Chip Mortgage Trust 2.98% 11-15-2021 180,000 179 0.1%
Choice Properties LP 3.00% 09-20-2019 930,000 956 0.5%
Choice Properties LP 3.60% 09-20-2021 200,000 210 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 500,000 524 0.3%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 139,300 181 0.1%
Citigroup Inc. 3.39% 11-18-2021 295,000 308 0.2%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 680,000 699 0.4%
Comber Wind Financial Corp. 5.132% 11-15-2030 394,668 426 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 390,000 399 0.2%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 115,000 122 0.1%
Cominar REIT 4.247% 05-23-2023 190,000 193 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 450,000 587 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 126,761 167 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 99,744 130 0.1%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 364,000 358 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 174,037 229 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 240,000 237 0.1%
Daimler Canada Finance Inc. 1.78% 08-19-2019 312,000 313 0.2%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 370,000 371 0.2%
Danske Bank AS 2.75% 09-17-2020 144A 200,000 263 0.1%
Danske Bank AS 2.80% 03-10-2021 144A 370,000 486 0.3%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 240,000 315 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 54 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 80,000 112 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 80,000 113 0.1%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 180,000 220 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 330,000 334 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 740,000 722 0.4%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 210,000 220 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 22,800 415 0.2%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,290,000 1,362 0.8%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 243,000 253 0.1%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 360,000 369 0.2%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 590,000 674 0.4%
Flex Acquisition Co.Inc. 6.88% Callable 2020 144A 130,000 173 0.1%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 119,700 157 0.1%
Fortified Trust 1.67% 07-23-2021 460,000 456 0.3%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 290,000 293 0.2%
FortisAlberta Inc. 3.30% 09-30-2024 Callable 110,000 116 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 110,000 99 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 130,000 172 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 190,000 208 0.1%
Frontier Communications Corp. 8.75% 04-15-2022 80,000 105 0.1%
Futures Contracts 37 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 137,143 175 0.1%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 370,771 356 0.2%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 470,000 472 0.3%
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 450,000 451 0.3%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 130,000 186 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 60,000 63 0.0%
Glacier Credit Card Trust 2.237% 09-20-2020 297,000 301 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 330,000 432 0.2%
Government of Bermuda 4.854% 02-06-2024 1,180,000 1,609 0.9%
Government of Canada 1.25% 12-01-2047 Real Return 3,140,000 3,844 2.1%
Government of Canada 1.50% 06-01-2026 438,000 428 0.2%
Government of Canada 2.75% 12-01-2048 7,555,000 8,128 4.5%
Government of Portugal 5.125% 10-15-2024 650,000 821 0.5%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 390,000 403 0.2%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 390,000 396 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 06-03-2020 214,610 272 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 380,000 380 0.2%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 440,000 441 0.2%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 50,000 57 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 1,450,000 1,475 0.8%
Hollis Receivables Term Trust II 1.788% 02-26-2020 460,000 462 0.3%
Hollis Receivables Term Trust II 2.434% 06-26-2019 794,000 812 0.5%
Honda Canada Finance Inc. 1.631% 08-12-2019 329,000 330 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 440,000 444 0.2%
Honda Canada Finance Inc. 2.27% 07-15-2022 310,000 311 0.2%
HSBC Bank Canada 1.816% 07-07-2020 238,000 238 0.1%
HSBC Bank Canada 2.449% 01-29-2021 440,000 449 0.2%
HSBC Bank Canada 2.908% 09-29-2021 700,000 727 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 570,000 573 0.3%
Hydro One Inc. 3.72% 11-18-2047 200,000 196 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 430,000 435 0.2%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 460,000 622 0.3%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 420,000 426 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 148,039 192 0.1%
Intelsat Connect Finance SA 12.50% 04-01-2022 11,000 9 0.0%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 80,000 90 0.0%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 80,000 103 0.1%
Intelsat Luxembourg SA 7.75% 06-01-2021 9,000 4 0.0%
Inter Pipeline Ltd. 2.608% 09-13-2023 Callable Series MTN 600,000 595 0.3%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 320,000 323 0.2%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 150,000 152 0.1%
International Finance Corp. 3.625% 05-20-2020 170,000 164 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 364,501 456 0.3%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 330,000 0.0%
JPMorgan Chase & Co. 3.19% 03-05-2021 690,000 718 0.4%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 145,000 188 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 446,680 582 0.3%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 360,000 365 0.2%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 140,000 184 0.1%
Lower Mattagami Energy LP 2.31% 10-21-2026 300,000 287 0.2%
Manulife Bank of Canada 1.915% 09-01-2021 420,000 417 0.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 250,000 333 0.2%
MCAP Services Corp. 1.85% 03-01-2018 6,011 6 0.0%
Merrill Lynch 1.30% 08-01-2021 909,228 896 0.5%
Merrill Lynch 1.37% 11-01-2021 1,866,878 1,843 1.0%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 716,962 711 0.4%
Metropolitan Life Global Funding I 1.875% 04-16-2020 290,000 291 0.2%
Metropolitan Life Global Funding I 3.107% 04-16-2021 60,000 62 0.0%
Mexican Bonos 5.00% 12-11-2019 21,010,000 1,249 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 360,000 358 0.2%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 720,000 720 0.4%
National Bank of Canada 2.105% 03-18-2022 800,000 802 0.4%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 100,000 100 0.1%
North Battleford Power LP 4.958% 12-31-2032 109,743 122 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 260,000 338 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 190,607 246 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 200,000 268 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 180,000 207 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 8,440,000 1,650 0.9%
Odebrecht Finance Ltd. 5.25% 06-27-2029 480,000 279 0.2%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 128 0.1%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 253,000 258 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 600,000 629 0.3%
Ontario Electricity Financial Corp. 0% 11-27-2020 990,000 927 0.5%
OPB Finance Trust 2.98% 01-25-2027 Series F 380,000 382 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 40,000 42 0.0%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 100,000 105 0.1%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 235,000 236 0.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 830,000 847 0.5%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 890,000 937 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 123,121 161 0.1%
Province of Alberta 3.30% 12-01-2046 2,050,000 2,004 1.1%
Province of British Columbia 2.30% 06-18-2026 1,310,000 1,296 0.7%
Province of British Columbia 2.80% 06-18-2048 1,300,000 1,186 0.7%
Province of Manitoba 2.85% 09-05-2046 1,430,000 1,264 0.7%
Province Of Manitoba 3.40% 09-052-2048 1,710,000 1,690 0.9%
Province of Ontario 0% 06-02-2024 840,000 697 0.4%
Province of Ontario 0% 06-02-2026 480,000 370 0.2%
Province of Ontario 0% 07-13-2022 350,000 312 0.2%
Province of Ontario 0% 12-02-2023 2,280,000 1,928 1.1%
Province of Ontario 2.40% 06-02-2026 2,825,000 2,790 1.5%
Province of Ontario 2.90% 12-02-2046 3,260,000 2,985 1.7%
Province of Ontario F/R 03-16-2021 4,400,000 4,428 2.5%
Province of Ontario F/R 10-27-2021 2,250,000 2,243 1.2%
Province of Quebec 0% 04-01-2026 480,000 370 0.2%
Province of Quebec 2.50% 09-01-2026 1,725,000 1,715 1.0%
Province Of Quebec 2.75% 09-01-2027 820,000 824 0.5%
Province of Quebec 3.50% 12-01-2045 5,830,000 5,960 3.3%
Province of Quebec 3.50% 12-01-2048 290,000 299 0.2%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 170,000 169 0.1%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 270,000 356 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 91,336 107 0.1%
RioCan Real Estate Investment Trust 2.83% 10-03-2022 120,000 121 0.1%
Rogers Communications Inc. 5.34% 03-22-2021 Callable 1,320,000 1,488 0.8%
Royal Bank of Canada 1.583% 09-13-2021 800,000 788 0.4%
Royal Bank of Canada 1.65% 07-15-2021 1,280,000 1,265 0.7%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 640,000 639 0.4%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 410,000 410 0.2%
Royal Bank of Canada 3.31% 01-20-2026 1,600,000 1,638 0.9%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 200,000 262 0.1%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 160,000 161 0.1%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 443,018 429 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 120,000 159 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 450,000 503 0.3%
Spy Hill Power LP 4.14% 03-31-2036 93,497 95 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 200,000 206 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,000,000 1,012 0.6%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 790 0.4%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 138,250 183 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 460,000 588 0.3%
TD Securities Inc. 1.45% 12-01-2021 347,845 344 0.2%
Team Health Holdings Inc. Bridge Loan 05-05-2017 Sr. Unsecured 1,380,000 0.0%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 140,000 184 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 180,000 222 0.1%
Tennessee Merger Sub Inc. Term Loan B 1st Lien F/R 01-12-2024 200,000 260 0.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,570,000 1,566 0.9%
The Bank of Nova Scotia 2.09% 09-09-2020 890,000 900 0.5%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 660,000 693 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 520,000 499 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 380,000 382 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 210,000 214 0.1%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 766,000 781 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 40,000 49 0.0%
The Toronto-Dominion Bank 1.68% 06-08-2021 350,000 349 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,060,000 1,036 0.6%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,030,000 1,035 0.6%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 920,000 1,018 0.6%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 420,000 459 0.3%
Toyota Credit Canada Inc. 1.80% 02-19-2020 630,000 632 0.4%
Toyota Credit Canada Inc. 2.20% 02-25-2021 220,000 222 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 97,385 124 0.1%
TransAlta Corp. 5.00% 11-25-2020 190,000 199 0.1%
TransCanada Corp. 4.00% Pfd. Series 7 2,817 58 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 2,380 51 0.0%
TransCanada Corp. Pfd. Series 15 42,688 1,086 0.6%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 434,000 453 0.3%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 524,000 540 0.3%
Trillium Windpower LP 5.803% 02-15-2033 101,394 115 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 389,625 511 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 520,000 520 0.3%
Union Gas Ltd. 3.19% 09-17-2025 Callable 550,000 572 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 140,000 137 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,010,000 2,717 1.5%
United States Treasury Inflation Indexed Bonds 0.75% 02-15-2045 240,000 306 0.2%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 366,501 478 0.3%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 107,000 111 0.1%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 680,000 804 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 145,000 151 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 110,000 109 0.1%
VW Credit Canada Inc. 2.45% 11-14-2017 280,000 282 0.2%
VW Credit Canada Inc. F/R 04-03-2017 280,000 280 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 60,000 61 0.0%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 160,000 201 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 951,000 954 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 820,000 810 0.4%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 355,000 347 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 620,000 642 0.4%
Wells Fargo Canada Corp. 3.04% 01-29-2021 290,000 302 0.2%
Westcoast Energy Inc. 5.60% 01-16-2019 Callable 620,000 665 0.4%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 163,900 215 0.1%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 220,000 291 0.2%
Total Investments -- 172,827 95.8%
Cash & Equivalents -- 4,632 2.6%
Currency Hedge Contracts -- 531 0.3%
Other Assets (Liabilities) -- 2,323 1.3%
Total Net Assets -- 180,313 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of March 31, 2017
  • Regional Allocation
      Canada
    74.4%
      United States
    11.0%
      United Kingdom
    1.6%
      Other
    1.3%
      Denmark
    1.2%
      Australia
    1.0%
      Bermuda
    0.8%
      Mexico
    0.7%
      Bahamas
    0.5%
      Portugal
    0.4%
      Cash & Equivalents 7.1%
  • Sector Allocation
      Corporate Bonds 47.8%
      Provincial Bonds 24.8%
      Federal Bonds 8.6%
      Cash & Equivalents 7.1%
      Bank Loans 4.6%
      Mortgage Backed 2.6%
      Foreign Fixed Income 2.5%
      Equities 1.7%
      Other 0.3%
Credit Allocation (%)
AAA 17%
AA 25.9%
A 24.4%
BBB 15.3%
BB 2.8%
B 4.2%
C 0.4%
NR 1.2%
Cash & Equivalents 7.1%
Equities 1.7%

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).