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 October 31, 2017
Major holdings represent 28.9% of the fund.
View all holdings
Total # of
Equity Holdings
9
Total # of
Fixed Income Holdings
383
Holding name, country and sector Percentage of holding in fund
Province of Ontario 2.60% 06-02-2027
Canada | Provincial Governments
5.3%
Province of Ontario 2.80% 06-02-2048
Canada | Provincial Governments
4.6%
Province of Ontario 2.40% 06-02-2026
Canada | Provincial Governments
3.4%
Canada Housing Trust F/R 09-15-2023
Canada | Federal Government
2.8%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
2.7%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
2.3%
Province of Quebec 2.75% 09-01-2027
Canada | Provincial Governments
2.1%
Canada Housing Trust No. 1 2.40% 12-15-2022
Canada | Federal Government
2.0%
United States Treasury 0.89% 02-15-2047
United States | Foreign Governments
2.0%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
1.6%

Complete Fund Holdings Help Full holdings list

As of August 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.43% 06-01-2033 MTN 730,000 746 0.3%
407 International Inc. 3.60% 05-21-2047 Callable 310,000 310 0.1%
AIMCo Realty Investors LP 2.27% 06-26-2024 Callable 2024 400,000 394 0.2%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 580,000 607 0.3%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,090,000 1,177 0.5%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 322,000 332 0.1%
Alimentation Couche-Tard Inc. 3.06% 07-26-2024 Callable 2024 550,000 553 0.2%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 510,000 499 0.2%
Allied Properties REIT 3.748% 05-13-2020 Series A 300,000 308 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 195,000 200 0.1%
AltaGas Ltd. Pfd. Series K 22,806 587 0.3%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 317,000 325 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 540,000 535 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 480,000 623 0.3%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 390,000 512 0.2%
APT Pipelines Ltd. 4.245% 07-24-2019 230,000 237 0.1%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 [144A] 300,000 363 0.2%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 290,000 345 0.2%
AT&T Inc. 3.825% 11-25-2020 260,000 271 0.1%
Aviva PLC 4.50% 05-10-2021 220,000 233 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 860,000 858 0.4%
Bank of Montreal 1.61% 10-28-2021 DPNT 1,140,000 1,116 0.5%
Bank of Montreal 1.88% 03-31-2021 DPNT 630,000 626 0.3%
Bank of Montreal 2.27% 07-11-2022 610,000 610 0.3%
Bank of Montreal 3.32% 06-01-2026 1,920,000 1,968 0.9%
Bank of Montreal 3.34% 12-08-2025 Callable 2020 1,190,000 1,220 0.5%
Bank of Montreal F/R 06-01-2027 Callable 2022 870,000 860 0.4%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 400,000 405 0.2%
Bell Canada 2.70% 02-27-2024 Callable 600,000 598 0.3%
Bell Canada 4.45% 02-27-2047 Callable 720,000 731 0.3%
BMW Canada Inc. 1.88% 12-11-2020 Series Q 180,000 179 0.1%
Brookfield Asset Management Inc. 3.95% 04-09-2019 416,000 429 0.2%
Brookfield Asset Management Inc. Pfd. Series 46 16,712 434 0.2%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 350,000 351 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 734,000 756 0.3%
Brookfield Renewable Partners LP Pfd. Series 11 25,655 645 0.3%
Bruce Power LP 2.84% 06-23-2021 1,910,000 1,942 0.9%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 Series:17-1 700,000 703 0.3%
Caisse Centrale Desjardins 2.09% 01-17-2022 2,260,000 2,247 1.0%
Cameco Corp. 5.67% 09-02-2019 Series D 647,000 680 0.3%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 258,053 324 0.1%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 06-29-2024 290,000 363 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 08-14-2021 260,000 321 0.1%
Canada Housing Trust 2.35% 06-15-2027 4,350,000 4,360 1.9%
Canada Housing Trust F/R 09-15-2022 6,650,000 6,664 2.9%
Canada Housing Trust No. 1 2.40% 12-15-2022 4,600,000 4,712 2.1%
Canadian Commercial Mortgage Origination Trust 1 2.768% 11-12-2018 72,532 73 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 543,000 542 0.2%
Canadian Imperial Bank 2.30% 07-11-2022 Series DPNT 1,320,000 1,323 0.6%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,470,000 1,510 0.7%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 420,000 426 0.2%
Canadian National Railway Co. 3.60% 08-01-2047 Callable 2047 190,000 191 0.1%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 330,000 326 0.1%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 80,000 84 0.0%
Canadian Western Bank 2.74% 06-16-2022 Series DPNT 220,000 219 0.1%
Cards II Trust 2.155% 10-15-2020 647,000 651 0.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-27-2023 280,000 343 0.2%
CD&R Waterworks Merger Sub LLC 6.13% 08-15-2025 Callable 2020 144A 70,000 89 0.0%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 690,000 0.0%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 330,000 329 0.1%
CHIP Mortgage Trust 2.33% 04-29-2020 82,000 81 0.0%
CHIP Mortgage Trust 2.98% 11-15-2021 180,000 178 0.1%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 500,000 524 0.2%
Citigroup Inc. 3.39% 11-18-2021 295,000 306 0.1%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 680,000 707 0.3%
Comber Wind Financial Corp. 5.132% 11-15-2030 383,076 417 0.2%
Commonwealth of Bahamas 5.75% 01-16-2024 130,000 170 0.1%
Commonwealth of Bahamas 6.95% 11-20-2029 480,000 654 0.3%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 126,128 153 0.1%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-02-2024 22,000 27 0.0%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 364,000 372 0.2%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 173,145 217 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 240,000 246 0.1%
Currency Call Option USD/CAD 09-22-2017 Strike 1.35 3,553,500 0.0%
Currency Call Option USD/CAD 09-25-2017 Strike 1.35 1,753,500 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 370,000 472 0.2%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 195,510 246 0.1%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-22-2023 145,000 182 0.1%
Diamond 1 Finance Corp. 4.42% 06-15-2021 Callable 2021 144A 40,000 53 0.0%
Diamond 1 Finance Corp. 5.45% 06-15-2023 Callable 2023 144A 80,000 109 0.0%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 80,000 112 0.0%
Eagle Credit Card Trust 2.147% 09-17-2020 330,000 331 0.1%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 290,000 282 0.1%
Enbridge Inc. 4.24% 08-27-2042 360,000 341 0.2%
Enbridge Inc. 4.57% 03-11-2044 970,000 965 0.4%
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 410,000 422 0.2%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 450,000 551 0.2%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 650,000 676 0.3%
Fortified Trust 1.67% 07-23-2021 460,000 453 0.2%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 290,000 293 0.1%
FortisAlberta Inc. 3.34% 09-21-2046 Callable Series MTN 110,000 104 0.0%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-01-2024 330,000 394 0.2%
Futures Contracts -13 0.0%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-03-2024 159,600 160 0.1%
Gaz Metro Inc. 1.52% 05-25-2020 160,000 159 0.1%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 390,000 383 0.2%
Genesis Trust II 1.675% 09-17-2018 520,000 520 0.2%
Genesis Trust II 1.699% 04-15-2020 450,000 448 0.2%
Glacier Credit Card Trust 2.05% 09-20-2022 670,000 660 0.3%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 01-06-2023 197,938 240 0.1%
Government of Canada 1.25% 12-01-2047 Real Return 3,140,000 3,851 1.7%
Government of Canada 1.50% 06-01-2023 540,000 538 0.2%
Government of Canada 2.75% 12-01-2048 940,000 1,043 0.5%
Government of Canada 3.25% 06-01-2021 200,000 213 0.1%
Government of Canada 3.50% 06-01-2020 95,000 101 0.0%
Government of Canada 3.50% 12-01-2045 1,690,000 2,117 0.9%
Government of Portugal 5.125% 10-15-2024 650,000 844 0.4%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 520,000 525 0.2%
Green Plains Inc. Term Loan B 1st Lien F/R 08-08-2023 170,000 213 0.1%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 214,437 226 0.1%
H&R Real Estate Investment Trust 2.92% 05-06-2022 470,000 466 0.2%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 440,000 437 0.2%
Heathrow Funding Ltd. 3.25% 05-21-2025 1,450,000 1,482 0.7%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 279,065 352 0.2%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 20,314 26 0.0%
Hollis Receivables Term Trust II 1.788% 02-26-2020 460,000 459 0.2%
Hollis Receivables Term Trust II 2.434% 06-26-2019 794,000 803 0.4%
Honda Canada Finance Inc. 1.631% 08-12-2019 329,000 328 0.1%
HSBC Bank of Canada 2.17% 06-29-2022 DPNT 2,010,000 1,992 0.9%
HSBC Holdings PLC 3.20% 12-05-2023 570,000 579 0.3%
Hydro One Inc. 3.72% 11-18-2047 200,000 203 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 430,000 451 0.2%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 260,000 327 0.1%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 150,000 151 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 239,400 277 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,280,000 1,263 0.6%
Inter Pipeline Ltd. 3.173% 03-24-2025 Callable 2024 Series MTN 610,000 612 0.3%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 420,000 423 0.2%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 227,125 284 0.1%
International Finance Corp. 3.625% 05-20-2020 170,000 157 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 362,637 450 0.2%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 01-19-2018 592 67 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03/16/18 180 37 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-15-2017 198 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 11/17/17 181 15 0.0%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-10-2022 190,000 240 0.1%
John Deere Canada Funding Inc. 1.85% 03-24-2021 210,000 208 0.1%
JPMorgan Chase & Co. 3.19% 03-05-2021 450,000 465 0.2%
JPW Industries Bridge Loan 10-28-2017 250,000 0.0%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 350,000 440 0.2%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 157,425 198 0.1%
LBM Borrower LLC. Term Loan 1st Lien F/R 08-20-2022 364,645 459 0.2%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-17-2022 150,000 190 0.1%
Mackenzie Global Credit Opportunities Fund Series R 1,773,739 17,563 8.1%
Manulife Bank of Canada 1.92% 09-01-2021 420,000 414 0.2%
Manulife Bank of Canada 2.08% 05-26-2022 590,000 582 0.3%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 690,000 693 0.3%
Metropolitan Life Global Funding I 3.11% 04-16-2021 280,000 288 0.1%
Mexican Bonos 5.00% 12-11-2019 19,308,000 1,300 0.6%
Molson Coors International LP 2.25% 09-18-2018 220,000 221 0.1%
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 670,000 671 0.3%
National Bank of Canada 1.96% 06-30-2022 2,010,000 1,982 0.9%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 100,000 99 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 1,010,000 1,003 0.4%
North Battleford Power LP 4.958% 12-31-2032 108,080 121 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 150,000 146 0.1%
North West Redwater Partnership 3.65% 06-01-2035 Callable 2034 290,000 290 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 260,000 324 0.1%
Nykredit Realkredit AS 1.00% 01-01-2021 8,440,000 1,755 0.8%
Odebrecht Finance Ltd. 5.25% 06-27-2029 350,000 171 0.1%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 129 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 600,000 630 0.3%
Ontario Electricity Financial Corp. 0% 11-27-2020 990,000 930 0.4%
OPB Finance Trust 2.98% 01-25-2027 Series F 380,000 387 0.2%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 555,000 553 0.2%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 920,000 934 0.4%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 890,000 931 0.4%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 300,000 295 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 100,000 112 0.0%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 20,000 21 0.0%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 120,000 144 0.1%
Province of Alberta 3.30% 12-01-2046 2,700,000 2,752 1.2%
Province of Manitoba 2.85% 09-05-2046 1,430,000 1,327 0.6%
Province of Manitoba 3.40% 09-05-2048 1,710,000 1,771 0.8%
Province of Ontario 0% 06-02-2024 840,000 710 0.3%
Province of Ontario 0% 06-02-2026 480,000 378 0.2%
Province of Ontario 0% 07-13-2022 350,000 315 0.1%
Province of Ontario 0% 12-02-2023 2,280,000 1,962 0.9%
Province of Ontario 2.40% 06-02-2026 6,030,000 5,988 2.6%
Province of Ontario 2.60% 06-02-2027 8,170,000 8,194 3.6%
Province of Ontario 2.80% 06-02-2048 7,720,000 7,279 3.2%
Province of Ontario 2.90% 12-02-2046 6,510,000 6,253 2.8%
Province of Quebec 0% 04-01-2026 480,000 378 0.2%
Province of Quebec 2.75% 09-01-2027 5,640,000 5,733 2.5%
Province of Quebec 3.50% 12-01-2045 5,830,000 6,260 2.8%
Province of Quebec 3.50% 12-01-2048 1,400,000 1,516 0.7%
PSP Capital Inc. 2.09% 11-22-2023 Series 9 170,000 169 0.1%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 340,000 0.0%
Reliance LP 5.187% 03-15-2019 925,000 960 0.4%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 239,400 300 0.1%
Royal Bank of Canada 2.00% 03-21-2022 1,880,000 1,862 0.8%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 640,000 637 0.3%
Royal Bank of Canada 3.31% 01-20-2026 1,950,000 1,997 0.9%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 400,000 542 0.2%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 199,000 251 0.1%
Saputo Inc. 1.94% 06-13-2022 Callable 2022 310,000 304 0.1%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 160,000 162 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 430,826 418 0.2%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 06-20-2024 45,500 57 0.0%
Source Energy Services Ltd. Private Placement 2,475 16 0.0%
Spy Hill Power LP 4.14% 03-31-2036 92,449 96 0.0%
STAPLES INC. BRIDGE LOAN 12/28/17 SR. UNSECURED 870,000 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 250,000 311 0.1%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 200,000 205 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,090,000 1,105 0.5%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 787 0.3%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 460,000 589 0.3%
Telus Corp. 4.70% 03-06-2048 Callable 2047 530,000 546 0.2%
The Bank of Nova Scotia 1.83% 04-27-2022 1,110,000 1,090 0.5%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,870,000 1,848 0.8%
The Bank of Nova Scotia 2.29% 06-28-2024 1,110,000 1,093 0.5%
The Bank of Nova Scotia 2.58% 03-30-2027 Callable 2022 470,000 466 0.2%
The Bank of Nova Scotia 4.50% 12-16-2025 260,000 346 0.2%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 740,000 742 0.3%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 760,000 751 0.3%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 660,000 686 0.3%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 520,000 478 0.2%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 530,000 532 0.2%
The Manufacturers Life Insurance Co. 2.81% 02-21-2024 Callable 2019 766,000 776 0.3%
The Toronto-Dominion Bank 1.68% 06-08-2021 Covered 350,000 346 0.2%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 1,020,000 995 0.4%
The Toronto-Dominion Bank 4.86% 03-04-2031 Callable 2026 920,000 1,025 0.5%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 1,920,000 1,927 0.8%
TMX Group Ltd. 4.46% 10-03-2023 Callable 2023 420,000 455 0.2%
TransAlta Corp. Pfd. Series A 23,030 331 0.1%
TransCanada Corp. Pfd. Series 15 41,480 1,078 0.5%
TransCanada Trust F/R 05-18-2077 Callable 2027 620,000 622 0.3%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 524,000 536 0.2%
Trillium Windpower LP 5.80% 02-15-2033 97,609 112 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 327,823 410 0.2%
United States Treasury 3.00% 05-15-2047 3,950,000 5,213 2.3%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 530,000 522 0.2%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 680,000 796 0.4%
VW Credit Canada Inc. 2.45% 11-14-2017 280,000 281 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 771,000 769 0.3%
Wells Fargo & Co. 2.51% 10-27-2023 750,000 739 0.3%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 355,000 349 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 620,000 641 0.3%
Werner FinCo LP 8.75% 07-15-2025 Callable 2020 144A 70,000 88 0.0%
West Corp. Olympus Bridge Loan 02-07-2018 400,000 0.0%
Westcoast Energy Inc. 4.79% 10-28-2041 410,000 442 0.2%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 190,000 235 0.1%
Total Investments -- 208,145 91.8%
Cash & Equivalents -- 16,587 7.3%
Currency Hedge Contracts -- 982 0.4%
Other Assets (Liabilities) -- 1,048 0.5%
Total Net Assets -- 226,762 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of November 30, 2017
  • Regional Allocation
      Canada
    71.9%
      United States
    14.3%
      Other
    1.7%
      United Kingdom
    1.6%
      Mexico
    1.1%
      Australia
    0.8%
      Bahamas
    0.8%
      Belgium
    0.6%
      Portugal
    0.3%
      Denmark
    0.3%
      Cash & Equivalents 6.6%
  • Sector Allocation
      Corporate Bonds 47.4%
      Provincial Bonds 26.8%
      Federal Bonds 7.3%
      Cash & Equivalents 6.6%
      Bank Loans 5.2%
      Foreign Fixed Income 4.4%
      Equities 1.7%
      Other 0.5%
      Mutual&Pooled 0.1%
      Mortgage Backed 0%
Credit Allocation (%)
AAA 12.4%
AA 34.7%
A 18.7%
BBB 14.7%
BB 3.7%
B 5.7%
CCC & Below 1%
NR 0.6%
Cash & Equivalents 6.6%
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, 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).