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 February 28, 2017
Major holdings represent 25.6% of the fund.
View all holdings
Total # of
Equity Holdings
7
Total # of
Fixed Income Holdings
272
Holding name, country and sector Percentage of holding in fund
Canada Housing Trust No. 1 2.35% 06-15-2027
Canada | Federal Government
6.0%
Province of Ontario 2.90% 12-02-2046
Canada | Provincial Governments
3.2%
Province of Quebec 3.50% 12-01-2045
Canada | Provincial Governments
3.2%
Government of Canada 3.50% 12-01-2045
Canada | Federal Government
2.4%
Province of Ontario F/R 03-16-2021
Canada | Provincial Governments
2.4%
Government of Canada 2.75% 12-01-2048
Canada | Federal Government
2.1%
Government of Canada 1.25% 12-01-2047 Real Return
Canada | Federal Government
2.0%
United States Treasury Inflation Indexed Bonds
United States | Foreign Governments
1.7%
Province of British Columbia 2.80% 06-18-2048
Canada | Provincial Governments
1.4%
Merrill Lynch Canada Inc. 1.37% 11-01-2021 [97507953]
Canada | Mortgage Backed
1.3%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 2.43% 05-04-2027 MTN Callable 370,000 358 0.2%
407 International Inc. 3.60% 05-21-2047 Callable 310,000 299 0.2%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 1,130,000 1,205 0.7%
Algonquin Power & Utilities Corp. 5.50% 07-25-2018 Callable 322,000 338 0.2%
Alimentation Couche-Tard Inc. 3.60% 06-02-2025 Callable 2025 420,000 431 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 235,000 238 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 350,000 360 0.2%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 37,000 37 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 200,000 288 0.2%
Anheuser-Busch InBev Finance Inc. 3.30% 02-01-2023 Callable 2022 480,000 656 0.4%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 225,000 296 0.2%
Antero Resources Corp. 5.625% 06-01-2023 Callable 20,000 28 0.0%
Antero Resources Corp. 6.00% 12-01-2020 Callable 40,000 55 0.0%
APT Pipelines Ltd. 4.20% 03-23-2025 Callable 2024 144A 390,000 521 0.3%
APT Pipelines Ltd. 4.245% 07-24-2019 230,000 240 0.1%
Aretec Group Inc. 1,204 23 0.0%
Aviva PLC 4.50% 05-10-2021 220,000 231 0.1%
Bank of America Corp. 3.95% 04-21-2025 80,000 107 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 1,140,000 1,119 0.6%
Bank of Montreal 1.88% 03-31-2021 1,280,000 1,279 0.7%
Bank of Montreal 2.10% 10-06-2020 Series DPNT 1,020,000 1,031 0.6%
Bank of Montreal 3.32% 06-01-2026 2,010,000 2,043 1.2%
Bank of Montreal 3.340% 12-08-2025 Callable 2020 1,010,000 1,029 0.6%
Bell Canada 2.00% 10-01-2021 1,470,000 1,454 0.8%
Bell Canada 3.55% 03-02-2026 Callable Series MTN 300,000 308 0.2%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 140,000 184 0.1%
BP Capital Markets PLC 3.497% 11-09-2020 888,000 934 0.5%
Brookfield Asset Management Inc. 3.95% 04-09-2019 416,000 433 0.2%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 704 15 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 350,000 342 0.2%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 624,000 632 0.4%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 130,000 175 0.1%
Bruce Power LP 2.844% 06-23-2021 1,520,000 1,545 0.9%
Bruce Power LP 3.969% 06-23-2026 170,000 175 0.1%
Cameco Corp. 5.67% 09-02-2019 Series D 647,000 693 0.4%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 260,000 354 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 185,000 258 0.1%
Canada Housing Trust 1.90% 09-15-2026 10,241,000 9,956 5.4%
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 81,671 83 0.0%
Canadian Credit Card Trust II 1.829% 03-24-2020 543,000 544 0.3%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 390,000 390 0.2%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 1,370,000 1,396 0.8%
Canadian Imperial Bank of Commerce F/R 3.00% 10-28-2024 Callable 2019 580,000 585 0.3%
Canadian National Railway Co. 2.80% 09-22-2025 Callable 2025 543,000 554 0.3%
Canadian Real Estate Investment Trust 4.323% 01-15-2021 80,000 84 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 227,328 304 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 1,080,000 1,109 0.6%
Choice Properties LP 3.60% 09-20-2021 200,000 209 0.1%
Choice Properties Real Estate Investment Trust 2.297% 09-14-2020 320,000 321 0.2%
Choice Properties Real Estate Investment Trust 4.055% 11-24-2025 Callable 500,000 521 0.3%
CI Financial Corp. 2.645% 12-07-2020 Callable 230,000 231 0.1%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 139,650 186 0.1%
Citigroup Inc. 3.39% 11-18-2021 295,000 307 0.2%
Citigroup Inc. 4.09% 06-09-2025 Series MPLE 680,000 695 0.4%
Comber Wind Financial Corp. 5.132% 11-15-2030 401,812 433 0.2%
Cominar Real Estate Investment Trust 3.62% 06-21-2019 390,000 398 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 190,000 192 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 450,000 618 0.4%
Commonwealth of Bahamas 6.95% 11-20-2029 260,000 382 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 127,079 173 0.1%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 100,000 134 0.1%
Corp Nacional del Cobre de Chile 4.875% 11-04-2044 210,000 280 0.2%
Crosslinx Transit Solutions General Partnership 4.651% 09-30-2046 364,000 356 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 174,037 237 0.1%
CU Inc. 3.76% 11-19-2046 Callable 2046 240,000 239 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 370,000 370 0.2%
Danske Bank AS 2.75% 09-17-2020 144A 200,000 271 0.2%
Danske Bank AS 2.80% 03-10-2021 144A 370,000 501 0.3%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 240,000 328 0.2%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 170,000 171 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 80,000 114 0.1%
Diamond 1 Finance Corp. 6.02% 06-15-2026 Callable 2026 144A 80,000 116 0.1%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 340,000 453 0.3%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 180,000 219 0.1%
Eagle Credit Card Trust 2.147% 09-17-2020 330,000 334 0.2%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 284,759 377 0.2%
Enbridge Gas Distribution Inc. 2.50% 08-05-2026 Callable 2026 740,000 721 0.4%
Enbridge Gas Distribution Inc. 3.15% 08-22-2024 Callable 2024 210,000 219 0.1%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 12,947 224 0.1%
Enbridge Income Fund Holdings Inc. 3.95% 11-19-2024 Callable 1,290,000 1,363 0.8%
Enbridge Pipelines Inc. 3.45% 09-29-2025 Callable 2025 243,000 252 0.1%
Equitable Bank 1.52% 05-01-2021 847,242 840 0.5%
Fairfax Financial Holdings Ltd. 4.70% 12-16-2026 Callable 2026 360,000 364 0.2%
Fairfax Financial Holdings Ltd. 6.40% 05-25-2021 590,000 668 0.4%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 364,000 490 0.3%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 120,000 162 0.1%
Fortified Trust 1.67% 07-23-2021 460,000 455 0.3%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 290,000 291 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 130,000 181 0.1%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 190,000 215 0.1%
Frontier Communications Corp. 8.75% 04-15-2022 80,000 107 0.1%
Futures Contracts 214 0.1%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 137,143 184 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 470,000 471 0.3%
Gaz Metro Inc. 1.52% 05-25-2020 160,000 159 0.1%
Genesis Trust II 1.675% 09-17-2018 520,000 523 0.3%
Genesis Trust II 1.699% 04-15-2020 450,000 450 0.3%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 180,000 266 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 297,000 300 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 330,000 438 0.2%
Government of Bermuda 4.854% 02-06-2024 1,180,000 1,653 0.9%
Government of Canada 1.25% 12-01-2047 Real Return 3,140,000 3,987 2.3%
Government of Canada 1.50% 06-01-2026 438,000 430 0.2%
Government of Canada 2.75% 12-01-2048 7,555,000 8,301 4.7%
Government of Portugal 5.125% 10-15-2024 650,000 854 0.5%
Granite REIT Holdings LP 3.788% 07-05-2021 Callable 2021 390,000 400 0.2%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 390,000 392 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 214,610 282 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 380,000 378 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 1,472 0.8%
Hollis Receivables Term Trust II 1.788% 02-26-2020 460,000 461 0.3%
Hollis Receivables Term Trust II 2.434% 06-26-2019 794,000 811 0.5%
Honda Canada Finance Inc. 1.631% 08-12-2019 329,000 329 0.2%
Honda Canada Finance Inc. 2.155% 02-18-2021 440,000 443 0.3%
HSBC Bank Canada 1.816% 07-07-2020 238,000 237 0.1%
HSBC Bank Canada 2.449% 01-29-2021 440,000 446 0.3%
HSBC Bank Canada 2.908% 09-29-2021 700,000 721 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 570,000 568 0.3%
Hydro One Inc. 3.72% 11-18-2047 200,000 197 0.1%
Hydro One Inc. 3.91% 02-23-2046 Callable 2045 430,000 439 0.2%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 460,000 654 0.4%
Industrial Alliance Insurance and Financial Services Inc. 2.80% 05-16-2024 Callable 2019 420,000 424 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 148,413 202 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 91 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 80,000 104 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 600,000 594 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 170,000 160 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 365,433 471 0.3%
JPMorgan Chase & Co. 3.19% 03-05-2021 350,000 364 0.2%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 145,000 195 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 448,112 602 0.3%
Laurentian Bank of Canada 2.75% 04-22-2021 Series DPNT 360,000 363 0.2%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 191,000 261 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 140,000 189 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 420,000 415 0.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 250,000 341 0.2%
MCAP Commercial LP 3.955% 03-11-2019 357,000 353 0.2%
MCAP Services Corp. 1.85% 03-01-2018 6,074 6 0.0%
Merrill Lynch 1.30% 08-01-2021 910,489 898 0.5%
Merrill Lynch 1.37% 11-01-2021 913,744 902 0.5%
Merrill Lynch Canada Inc. 1.40% 05-01-2021 717,176 711 0.4%
Metropolitan Life Global Funding I 1.875% 04-16-2020 290,000 290 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 1,292 0.7%
Molson Coors International LP 2.25% 09-18-2018 760,000 767 0.4%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 360,000 356 0.2%
MPLX LP 4.5% 07-15-2023 70,000 96 0.1%
National Bank of Canada 2.105% 03-18-2022 800,000 798 0.5%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 760,000 0.0%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 100,000 100 0.1%
North Battleford Power LP 4.958% 12-31-2032 111,559 123 0.1%
Northgroup Preferred Capital Corp. F/R 10-15-2017 Callable 260,000 348 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 191,854 247 0.1%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 200,000 276 0.2%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 180,000 204 0.1%
Nykredit Realkredit A/S 1.00% 01-01-2021 8,440,000 1,665 0.9%
Odebrecht Finance Ltd. 5.25% 06-27-2029 480,000 373 0.2%
Omega Healthcare Investors Inc. 4.50% 01-15-2025 Callable 2024 100,000 132 0.1%
Omers Realty Corp. 1.823% 05-09-2022 Callable (8) 270,000 265 0.2%
OMERS Realty Corp. 2.858% 02-23-2024 Callable 2024 253,000 258 0.1%
OMERS Realty Corp. 3.328% 11-12-2024 600,000 627 0.4%
Ontario Electricity Financial Corp. 0% 11-27-2020 990,000 925 0.5%
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 100,000 104 0.1%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 830,000 838 0.5%
Pembina Pipeline Corp. 4.24% 06-15-2027 Callable 2027 890,000 927 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 126,533 171 0.1%
Province of Alberta 3.30% 12-01-2046 2,050,000 2,046 1.2%
Province of British Columbia 2.80% 06-18-2048 1,300,000 1,215 0.7%
Province of Manitoba 2.85% 09-05-2046 1,430,000 1,286 0.7%
Province of Ontario 0% 06-02-2024 840,000 699 0.4%
Province of Ontario 0% 06-02-2026 480,000 371 0.2%
Province of Ontario 0% 07-13-2022 350,000 312 0.2%
Province of Ontario 0% 12-02-2023 2,280,000 1,939 1.1%
Province of Ontario 2.40% 06-02-2026 4,955,000 4,919 2.8%
Province of Ontario 2.80% 06-02-2048 110,000 101 0.1%
Province of Ontario 2.90% 12-02-2046 4,940,000 4,630 2.6%
Province of Ontario F/R 03-16-2021 4,400,000 4,436 2.5%
Province of Ontario F/R 10-27-2021 2,250,000 2,247 1.3%
Province of Quebec 0% 04-01-2026 480,000 369 0.2%
Province of Quebec 2.50% 09-01-2026 4,965,000 4,960 2.8%
Province of Quebec 3.50% 12-01-2045 6,090,000 6,360 3.6%
Province of Quebec 3.50% 12-01-2048 290,000 306 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 270,000 366 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 20,000 21 0.0%
Reliance LP 5.187% 03-15-2019 925,000 965 0.5%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 91,336 110 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 800,000 784 0.4%
Royal Bank of Canada 1.65% 07-15-2021 1,280,000 1,261 0.7%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 640,000 636 0.4%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 410,000 406 0.2%
Royal Bank of Canada 3.31% 01-20-2026 1,600,000 1,624 0.9%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 200,000 267 0.2%
Saputo Inc. 2.83% 11-21-2023 Callable 2023 160,000 160 0.1%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 443,018 428 0.2%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 120,000 164 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 450,000 480 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 200,000 205 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,000,000 1,003 0.6%
Sun Life Financial Inc. F/R 09-25-2025 Callable 2020 780,000 787 0.4%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 140,000 191 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 460,000 605 0.3%
TD Securities Inc. 1.45% 12-01-2021 350,000 345 0.2%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 160,000 202 0.1%
Tenet Healthcare Corp. 6.75% 06-15-2023 180,000 214 0.1%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,570,000 1,559 0.9%
The Bank of Nova Scotia 2.09% 09-09-2020 890,000 899 0.5%
The Goldman Sachs Group Inc. 3.55% 02-12-2021 660,000 692 0.4%
The International Bank for Reconstruction and Development 3.50% 01-22-2021 520,000 487 0.3%
The Manufacturers Life Insurance Co. 2.389% 01-05-2026 Callable 2021 380,000 381 0.2%
The Manufacturers Life Insurance Co. 2.64% 01-15-2025 Callable 2020 210,000 213 0.1%
The Manufacturers Life Insurance Co. 2.811% 02-21-2024 Callable 2019 766,000 779 0.4%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 40,000 53 0.0%
The Toronto-Dominion Bank 1.68% 06-08-2021 350,000 348 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 1,060,000 1,031 0.6%
The Toronto-Dominion Bank 2.692% 06-24-2025 Callable 2020 1,030,000 1,028 0.6%
The Toronto-Dominion Bank 4.859% 03-04-2031 Callable 2026 MTN 920,000 1,008 0.6%
TMX Group Ltd. 4.461% 10-03-2023 Callable 2023 420,000 458 0.3%
Toyota Credit Canada Inc. 1.80% 02-19-2020 630,000 631 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 97,385 128 0.1%
TransAlta Corp. 5.00% 11-25-2020 190,000 195 0.1%
TransCanada Corp. 4.00% Pfd. Series 7 2,817 53 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 2,380 47 0.0%
TransCanada Corp. Pfd. Series 15 42,688 1,087 0.6%
TransCanada PipeLines Ltd. 3.30% 07-17-2025 Callable 2025 Series MTN 434,000 450 0.3%
Transurban Finance Co. Pty Ltd. 3.368% 03-06-2019 524,000 539 0.3%
Trillium Windpower LP 5.803% 02-15-2033 101,394 113 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 150,000 203 0.1%
Union Gas Ltd. 2.81% 06-01-2026 Callable 520,000 520 0.3%
Union Gas Ltd. 3.19% 09-17-2025 Callable 550,000 570 0.3%
Union Gas Ltd. 3.80% 06-01-2046 Callable 140,000 139 0.1%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,010,000 2,762 1.6%
United States Treasury Inflation Indexed Bonds 0.75% 02-15-2045 240,000 311 0.2%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 367,429 496 0.3%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 107,000 112 0.1%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 680,000 840 0.5%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 140,000 144 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 110,000 111 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 160,000 209 0.1%
Wells Fargo & Co. 2.222% 03-15-2021 951,000 951 0.5%
Wells Fargo & Co. 2.51% 10-27-2023 390,000 383 0.2%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 355,000 346 0.2%
Wells Fargo & Co. 3.874% 05-21-2025 Series MTN 620,000 637 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 219,450 297 0.2%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 220,000 296 0.2%
Total Investments -- 172,284 97.8%
Cash & Equivalents -- 3,083 1.7%
Currency Hedge Contracts -- -8 0.0%
Other Assets (Liabilities) -- 966 0.5%
Total Net Assets -- 176,325 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    75.2%
      United States
    12.5%
      Other
    1.8%
      United Kingdom
    1.7%
      Denmark
    1.3%
      Australia
    1.0%
      Bermuda
    0.9%
      Mexico
    0.7%
      Bahamas
    0.5%
      Brazil
    0.4%
      Cash & Equivalents 4.0%
  • Sector Allocation
      Corporate Bonds 49.3%
      Provincial Bonds 18.5%
      Federal Bonds 14.1%
      Bank Loans 5.3%
      Foreign Fixed Income 4.2%
      Cash & Equivalents 4%
      Mortgage Backed 2.4%
      Equities 1.8%
      Other 0.4%
Credit Allocation (%)
AAA 24.2%
AA 21.5%
A 22.5%
BBB 17%
BB 2.7%
B 5%
C 0.4%
NR 0.9%
Cash & Equivalents 4%
Equities 1.8%

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

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).