Fund Portfolio – Mackenzie Strategic Income Class Series A MFC1951 MFC3687 MFC4198 | Mackenzie Investments

Mackenzie Strategic Income Class Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of March 31, 2017
Major holdings represent 18.2% of the fund.
View all holdings
Total # of
Equity Holdings
136
Total # of
Fixed Income Holdings
252
Holding name, country and sector Percentage of holding in fund
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
4.6%
United States Treasury 1.50% 08-15-2026
United States | Foreign Governments
2.8%
Toronto-Dominion Bank/The
Canada | Diversified Banks
2.0%
Royal Bank of Canada
Canada | Diversified Banks
1.7%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.6%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.6%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.5%
Manulife Financial Corp
Canada | Life & Health Insurance
1.2%
Videotron Ltee 5.625% 06-15-2025 Callable 2025
Canada | Corporate - Non Convertible
0.7%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021
United States | Corporate - Non Convertible
0.7%

Complete Fund Holdings Help Full holdings list

As of January 31, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 3,408 775 0.3%
407 International Inc. 2.43% 05-04-2027 MTN Callable 158,477 154 0.1%
Abbott Laboratories 14,365 781 0.3%
AbbVie Inc. 11,656 927 0.3%
Admiral Group PLC 28,969 842 0.3%
Advanced Micro Devices Inc. 7.00% 07-01-2024 Callable 2019 632,202 857 0.3%
Agrium Inc. 7,856 1,053 0.4%
AGT Food and Ingredients Inc. 5.88% 12-21-2021 Callable 2018 512,919 526 0.2%
Air Liquide SA 9,083 1,276 0.4%
Air Medical Group Holdings Inc. Term Loan B 1st Lien F/R 04-16-2022 31,118 40 0.0%
Albertsons LLC. Term Loan B4 1st Lien F/R 08-22-2021 26,899 35 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 163,589 165 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 30,059 1,792 0.6%
Allergan PLC 4,413 1,257 0.4%
Allied Properties Real Estate Investment Trust 20,707 702 0.2%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 66,628 68 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 185,741 192 0.1%
Ally Financial Inc. 8.00% 12-31-2018 443,053 631 0.2%
Alpha 3 BV 6.25% 02-01-2025 Callable 2020 144A 378,299 495 0.2%
Alpha 3 BV Term Loan B1 1st Lien F/R 01-24-2024 109,059 143 0.0%
Alphabet Inc. Class A 613 655 0.2%
AltaGas Ltd. Pfd. Series E 1,160 29 0.0%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 72,763 71 0.0%
Altria Group Inc. 10,958 1,015 0.3%
Amaya Holdings BV Term Loan 1st Lien F/R 08-01-2021 31,118 41 0.0%
Amazon.com Inc. 511 548 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 03-06-2023 95,427 124 0.0%
Anheuser-Busch InBev NV 4,550 614 0.2%
Apple Inc. 6,816 1,076 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 804,311 588 0.2%
ARC Resources Ltd. 46,111 934 0.3%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 141,083 185 0.1%
Asurion LLC Term Loan B4 1st Lien F/R 08-04-2022 30,996 41 0.0%
Atlantia SPA 28,185 833 0.3%
Atlantic Power LP 5.95% 06-23-2036 651,799 526 0.2%
Atlas Copco AB A 20,329 848 0.3%
Aviva PLC 4.50% 05-10-2021 206,190 220 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 823,056 812 0.3%
Bank of Montreal 1.88% 03-31-2021 536,776 537 0.2%
Bank of Montreal 3.32% 06-01-2026 349,330 358 0.1%
Barrick Gold Corp. 25,667 616 0.2%
Bayer AG 6,458 928 0.3%
BCE Inc. 13,385 785 0.3%
Becton, Dickinson and Co. 5,854 1,351 0.5%
Bell Canada 2.00% 10-01-2021 216,414 215 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 903,146 1,153 0.4%
Berry Plastics Corp. Term Loan I 1st Lien F/R 10-01-2022 29,783 39 0.0%
BMC Software Inc. Term Loan B 1st Lien F/R 09-11-2020 31,105 40 0.0%
British American Tobacco PLC 18,557 1,487 0.5%
Broadcom Ltd. 6,970 1,810 0.6%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 599 13 0.0%
Brookfield Asset Management Inc. Class A limited voting 55,524 2,499 0.9%
Brookfield Asset Management Inc. Pfd. Series 46 14,376 369 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 322,065 319 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 657,763 865 0.3%
Bruce Power LP 2.844% 06-23-2021 475,430 485 0.2%
Bruce Power LP 3.969% 06-23-2026 139,732 144 0.0%
Bureau Veritas SA 22,817 581 0.2%
C&S Group Enterprises LLC 5.375% 07-15-2022 Callable 144A 197,670 255 0.1%
CAE Inc. 22,849 422 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 333,994 335 0.1%
Calfrac Well Services Ltd. 7.50% 12-01-2020 Callable 144A 45,157 55 0.0%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 460,643 605 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 315,249 435 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 327,177 317 0.1%
Canadian Imperial Bank of Commerce 24,916 2,761 0.9%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 337,402 338 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 110,763 111 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 42,601 44 0.0%
Canadian National Railway Co. 6,015 544 0.2%
Canadian Natural Resources Ltd. 59,583 2,344 0.8%
Canadian Pacific Railway Ltd. 13,615 2,680 0.9%
Canadian Tire Corp. Ltd. Class A non-voting 9,433 1,305 0.4%
Canadian Utilities Ltd. Class A non-voting 12,622 468 0.2%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 583,914 758 0.3%
Cenovus Energy Inc. 53,258 946 0.3%
CETIP SA - Mercados Organizados 62,503 1,215 0.4%
Charter Communications Operating LLC Term Loan I 1st Lien F/R 01-15-2024 203,228 266 0.1%
Chemtrade Logistics Income Fund 20,256 362 0.1%
Chemtrade Logistics Income Fund Subscription Receipts 33,364 601 0.2%
China Mobile Ltd. 52,860 779 0.3%
Chip Mortgage Trust 2.98% 11-15-2021 149,956 149 0.1%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 30,161 37 0.0%
Cielo SA 41,709 456 0.2%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 272,980 356 0.1%
CME Group Inc. 7,668 1,208 0.4%
Cogeco Communications Inc. 5,828 414 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 1,633,610 1,764 0.6%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 776,194 824 0.3%
Cominar REIT 4.247% 05-23-2023 184,037 187 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 441,349 576 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 202,683 267 0.1%
Community Health Systems Inc. 7.125% 07-15-2020 Callable 259,016 279 0.1%
Compagnie Financiere Richemont SA 8,844 892 0.3%
Computer Sciences Government Services Inc. Term Loan B 1st Lien F/R 10-29-2022 19,541 26 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 621,978 700 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 166,570 217 0.1%
Corus Entertainment Inc. Class B non-voting 17,892 231 0.1%
Crescent Point Energy Corp. 89,589 1,359 0.5%
Croda International PLC 6,745 369 0.1%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 451,573 447 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 304,228 400 0.1%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 351,545 489 0.2%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 158,477 159 0.1%
Data & Audio-Visual Enterprises Holdings Inc. Class B Purchase Warrants Exp. 09-25-2018 10,500 0.0%
Data & Audio-Visual Enterprises Holdings Inc. Purchase Warrants Exp. 09-25-2018 4,500 0.0%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 259,015 329 0.1%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 461,797 607 0.2%
Deutsche Boerse AG 15,132 1,812 0.6%
DH Corp. 15,200 350 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 313,545 316 0.1%
Diageo PLC 10,701 386 0.1%
Diebold Inc. 8.5% 04-15-2024 Series WI 364,667 520 0.2%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 309,285 379 0.1%
Dynegy Inc. 7.625% 11-01-2024 412,380 513 0.2%
Element Financial Corp. 63,118 798 0.3%
Emera Inc. 4.10% Cum. Conv. Pfd. Series C 644 14 0.0%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 20,573 375 0.1%
Endo Finance LLC 6.00% 02-01-2025 Callable 2020 144A 83,498 89 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 265,832 279 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 1,107,632 1,561 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 3,902,273 4,394 1.5%
Fairfax Financial Holdings Ltd. Pfd. Series K 613 14 0.0%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 371,979 474 0.2%
Fanuc Corp. 3,306 845 0.3%
FCA US LLC Term Loan B 1st Lien F/R 05-24-2017 31,355 41 0.0%
First Quantum Minerals Ltd. 7.25% 10-15-2019 Callable 144A 790,679 1,062 0.4%
Flex Acquisition Co.Inc. 6.88% Callable 2020 144A 255,607 339 0.1%
FLIR Systems Inc. 31,130 1,431 0.5%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 202,275 266 0.1%
Fortified Trust 1.67% 07-23-2021 211,302 209 0.1%
Fortis Inc. 35,417 1,482 0.5%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 120,988 122 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 468,002 396 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 627,772 828 0.3%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 986,815 1,080 0.4%
Frontier Communications Corp. 8.75% 04-15-2022 371,483 489 0.2%
Futures Contracts 23 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 292,123 373 0.1%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 1,062,986 1,325 0.5%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 1,405,053 1,349 0.5%
Gates Global LLC Term Loan 1st Lien F/R 07-03-2021 201,517 262 0.1%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 1,547,277 1,555 0.5%
General Electric Co. 35,223 1,361 0.5%
Genworth MI Canada Inc. 15,501 506 0.2%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 356,828 509 0.2%
Gibson Energy Inc. 59,230 1,122 0.4%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 233,455 255 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 611,754 642 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 555,520 727 0.2%
Goldcorp Inc. 83,148 1,749 0.6%
Government of Canada 0.75% 03-01-2021 27,265 27 0.0%
Government of Canada 1.50% 06-01-2026 14,459,199 14,145 4.9%
Government of Canada 1.75% 03-01-2019 1,335,975 1,363 0.5%
Government of Canada 2.75% 12-01-2048 257,311 277 0.1%
Government of Portugal 5.125% 10-15-2024 833,280 1,052 0.4%
Grande Communications Networks LLC Bridge Loan 05-20-2017 4,350,000 0.0%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 165,293 168 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 548,704 577 0.2%
Great-West Lifeco Inc.* 17,211 614 0.2%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 615,665 781 0.3%
H&R Real Estate Investment Trust 27,362 617 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 325,473 326 0.1%
Hang Lung Properties Ltd. 321,077 1,034 0.4%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 149,104 171 0.1%
Harley-Davidson Inc. 10,838 805 0.3%
Heathrow Funding Ltd. 3.25% 05-21-2025 628,794 640 0.2%
Heineken Holding NV A 10,139 925 0.3%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 412,380 522 0.2%
Hilton Worldwide Finance LLC Term Loan B1 1st Lien F/R 10-26-2020 20,500 27 0.0%
Honda Canada Finance Inc. 2.27% 07-15-2022 129,508 130 0.0%
Honeywell International Inc. 5,061 779 0.3%
HSBC Holdings PLC 109,400 1,210 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 240,271 242 0.1%
Hydro One Inc. 3.72% 11-18-2047 146,548 143 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 664,579 898 0.3%
Intact Financial Corp. 11,975 1,138 0.4%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 583,500 756 0.3%
Intelsat Connect Finance SA 12.50% 04-01-2022 267,025 222 0.1%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 277,760 312 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 357,850 459 0.2%
Intelsat Luxembourg SA 7.75% 06-01-2021 197,670 89 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 63,050 64 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 02-20-2022 550,408 626 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 734,477 918 0.3%
Iron Mountain Canada Operations ULC 5.375% 09-15-2023 Callable 2019 308,433 319 0.1%
Japan Tobacco Inc. 22,170 930 0.3%
Jardine Matheson Holdings Ltd. 7,225 580 0.2%
Johnson & Johnson 8,810 1,298 0.4%
JPMorgan Chase & Co. 12,814 1,411 0.5%
KAR Auction Services Inc. 16,666 988 0.3%
Killam Apartment Real Estate Investment Trust 30,204 367 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 338,254 438 0.1%
Koninklijke Philips NV 19,733 752 0.3%
Kweichow Moutai Co. Ltd. 9,996 651 0.2%
Labrador Iron Ore Royalty Corp. 25,735 483 0.2%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 293,011 376 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 339,297 442 0.2%
Lawson Inc. 7,992 759 0.3%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 260,720 323 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 593,009 823 0.3%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 247,087 324 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 877,504 1,066 0.4%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 772,376 722 0.2%
Loblaw Companies Ltd. 19,416 1,328 0.5%
Lockheed Martin Corp. 3,067 1,003 0.3%
Lower Mattagami Energy LP 2.31% 10-21-2026 57,938 55 0.0%
LSC Communications Inc. 8.75% 10-15-2023 Callable 2019 144A 305,025 418 0.1%
Mackenzie Global Tactical Bond Fund Series R 195,000 1,902 0.6%
Magna International Inc. 27,769 1,563 0.5%
Mallinckrodt International Finance SA 5.625% 10-15-2023 Callable 2018 144A 162,737 187 0.1%
Manulife Financial Corp. 145,864 3,639 1.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 961,084 1,282 0.4%
McDonald's Corp. 6,754 1,077 0.4%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 381,707 500 0.2%
Mexican Bonos 5.00% 12-11-2019 22,851,305 1,358 0.5%
Microsoft Corp. 24,163 2,033 0.7%
MJ Acquisition Corp. Term Loan 1st Lien F/R 04-08-2022 31,118 41 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 768,526 764 0.3%
Monsanto Co. 8,759 1,235 0.4%
Moody's Corp. 7,532 1,016 0.3%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 294,801 295 0.1%
Motorola Solutions Inc. 14,553 1,529 0.5%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 128,248 168 0.1%
Nestlé SA Reg. 14,246 1,354 0.5%
Nielsen Holdings PLC 6,612 352 0.1%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 86,907 87 0.0%
North Battleford Power LP 4.958% 12-31-2032 275,838 305 0.1%
Northern Trust Corp. 8,145 879 0.3%
Northland Power Inc. 31,295 749 0.3%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 527,456 681 0.2%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 465,205 572 0.2%
Novo Nordisk AS B 16,444 768 0.3%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 895,478 1,201 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 276,056 369 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 674,804 777 0.3%
Nykredit Realkredit A/S 1.00% 01-01-2021 7,453,512 1,457 0.5%
Oaktree Capital Group LLC 18,235 1,001 0.3%
Occidental Petroleum Corp. 11,349 1,001 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 402,156 234 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 155,068 156 0.1%
Oracle Corp. 21,795 1,138 0.4%
Outfront Media Inc. 22,161 791 0.3%
Owens & Minor Inc. 18,939 884 0.3%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 357,518 465 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 407,268 424 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 299,061 310 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 281,168 296 0.1%
Pattern Energy Group Inc. 5.88% 02-01-2024 Callable 2020 144A 287,984 383 0.1%
Patterson Companies Inc. 9,134 495 0.2%
PBF Holding Co 7.00% 11-15-2023 721,835 959 0.3%
Pembina Pipeline Corp. 32,275 1,303 0.4%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 98,153 99 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 301,617 308 0.1%
Pembina Pipeline Corp. Pfd. Series 1 709 14 0.0%
Pernod Ricard SA 2,744 418 0.1%
Petco Animal Supplies Inc. Term Loan B1 1st Lien F/R 01-26-2023 31,119 41 0.0%
Philip Morris International Inc. 11,417 1,428 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 214,646 281 0.1%
Portugal Obrigacoes do Tesouro OT 2.875% 10-15-2025 473,726 612 0.2%
Potash Corp. of Saskatchewan Inc. 55,980 1,355 0.5%
Premier Foods Finance PLC 6.50% 03-15-2021 Callable 2017 163,589 265 0.1%
Presidio Inc./GA Term Loan 1st Lien F/R 02-02-2022 30,049 40 0.0%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 283,136 370 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-01-2022 369,625 480 0.2%
Province of Alberta 3.30% 12-01-2046 368,075 360 0.1%
Province of British Columbia 2.80% 06-18-2048 480,542 438 0.1%
Province Of Manitoba 3.40% 09-052-2048 241,975 239 0.1%
Province of Ontario 2.90% 12-02-2046 1,053,102 964 0.3%
Province of Quebec 2.50% 09-01-2026 132,916 132 0.0%
Province of Quebec 3.50% 12-01-2048 398,577 411 0.1%
Q Holdings Co. Term Loan B 1st Lien F/R 12-18-2021 333,144 427 0.1%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 518,883 685 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 536,776 684 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 480,201 512 0.2%
Quicken Loans Inc. 5.75% 05-01-2025 Callable 2020 144A 499,286 627 0.2%
Real Alloy Holding Inc. 10.00% 01-15-2019 Callable 2018 144A 581,081 769 0.3%
Real Estate Asset Liquidity Trust 5.273% 04-12-2017 548,704 550 0.2%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 454,630 583 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 537,213 631 0.2%
Resolute Forest Products Inc. 5.875% 05-15-2023 1,577,268 1,800 0.6%
RioCan Real Estate Investment Trust 28,272 735 0.3%
Riverbed Technology Inc. Term Loan 1st Lien F/R 04-27-2022 31,355 41 0.0%
Roche Holding AG Genusscheine 3,647 1,117 0.4%
Rogers Communications Inc. Class B non-voting 38,744 2,187 0.7%
Royal Bank of Canada 53,535 5,010 1.7%
Royal Bank of Canada 1.583% 09-13-2021 482,246 475 0.2%
Royal Bank of Canada 1.65% 07-15-2021 233,455 231 0.1%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 88,611 88 0.0%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 46,009 46 0.0%
Royal Bank of Canada 3.31% 01-20-2026 444,757 455 0.2%
Safran SA 13,718 1,208 0.4%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 335,698 440 0.1%
Sands China Ltd. 206,850 1,197 0.4%
SAP AG 9,134 1,086 0.4%
Schindler Holding AG PC 4,533 1,120 0.4%
Schlumberger Ltd. 10,224 1,114 0.4%
Scientific Games International Inc. 10.00% 12-01-2022 Callable 2018 253,903 340 0.1%
Scientific Games International Inc. Term Loan B1 1st Lien F/R 10-18-2020 31,114 41 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 122,466 119 0.0%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 202,782 268 0.1%
Shaw Communications Inc. Class B non-voting 41,252 1,158 0.4%
SIG Combibloc US Acquisition Inc. Term Loan B 1st Lien F/R 03-13-2022 30,212 40 0.0%
Silversea Cruise Finance Ltd. 7.25% 02-01-2025 Callable 2020 144A 519,735 699 0.2%
SNC-Lavalin Group Inc. 24,152 1,354 0.5%
Solenis International LP Term Loan 2nd Lien F/R 07-02-2022 310,137 400 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 766,822 857 0.3%
St. George's University Term Loan B 1st Lien F/R 06-06-2022 223,806 296 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 366,662 441 0.2%
Sun Life Financial Inc. 25,499 1,310 0.4%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 194,262 197 0.1%
Suncor Energy Inc. 58,725 2,370 0.8%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 238,950 316 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 132,916 170 0.1%
Team Health Holdings Inc. Bridge Loan 05-05-2017 Sr. Unsecured 16,270,000 0.0%
Team Health Inc. Term Loan B 1st Lien F/R 11-23-2022 31,119 41 0.0%
Teck Resources Ltd. Class B 37,182 1,186 0.4%
Telefonica Deutschland Holding AG 180,442 978 0.3%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 1,018,169 1,340 0.5%
Tencent Holdings Ltd. 16,240 557 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 754,894 930 0.3%
Tennessee Merger Sub Inc. 6.38% 02-01-2025 Callable 2020 144A 371,483 475 0.2%
Tennessee Merger Sub Inc. Term Loan B 1st Lien F/R 01-12-2024 325,473 424 0.1%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 158,477 161 0.1%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 463,501 615 0.2%
Tervita Escrow Corp. 7.63% 12-01-2021 Callable 2018 144A 386,819 522 0.2%
The Bank of Nova Scotia 59,209 4,604 1.6%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 316,953 316 0.1%
The Hertz Corp. 5.50% 10-15-2024 Callable 2019 144A 168,701 185 0.1%
The Kraft Heinz Co. 8,333 968 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 251,773 308 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 31,115 34 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 211,302 171 0.1%
The Sherwin-Williams Co. 1,926 761 0.3%
The Toronto-Dominion Bank 92,501 6,236 2.1%
The Toronto-Dominion Bank 1.68% 06-08-2021 485,654 484 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 567,448 555 0.2%
The Weir Group PLC 22,630 742 0.3%
Tong Ren Tang Technologies Co. Ltd. 174,001 405 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 560,813 714 0.2%
TransAlta Corp. 5.00% 11-25-2020 436,237 456 0.2%
TransCanada Corp. 63,075 3,872 1.3%
TransCanada Corp. 4.00% Pfd. Series 7 2,396 49 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 2,032 43 0.0%
TransCanada Corp. Pfd. Series 15 36,303 924 0.3%
Transfield Services Ltd. 8.375% 05-15-2020 Callable 2017 144A 562,336 774 0.3%
Trevali Mining Corp. 12.50% 05-30-2019 1,176,135 1,311 0.4%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 144,900 130 0.0%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 29,596 39 0.0%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 32,222 42 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 322,220 424 0.1%
Trinidad Drilling Ltd. 6.63% 02-15-2025 Callable 2020 144A 431,124 575 0.2%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 31,119 38 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 657,111 862 0.3%
Unilever NV CVA 15,030 789 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 335,698 336 0.1%
United States Treasury 1.50% 08-15-2026 6,816,197 8,157 2.9%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 1,997,146 2,700 0.9%
US Farathane LLC Term Loan B 1st Lien F/R 12-23-2021 30,179 40 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 674,406 880 0.3%
Valeant Pharmaceuticals International Inc. 18,020 324 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 361,940 374 0.1%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 276,371 360 0.1%
Veresen Inc. 68,817 910 0.3%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 935,523 1,106 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 1,957,953 2,042 0.7%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 276,056 289 0.1%
Visa Inc. Class A 8,759 943 0.3%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 466,910 463 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 512,919 520 0.2%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 267,536 336 0.1%
Wells Fargo & Co. 28,543 2,092 0.7%
Wells Fargo & Co. 2.51% 10-27-2023 332,290 328 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 645,835 631 0.2%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 6,513 170 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 304,684 399 0.1%
WestJet Airlines Ltd. 30,330 666 0.2%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 97,131 128 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 437,941 578 0.2%
Total Investments -- 286,929 97.7%
Cash & Equivalents -- 5,830 2.0%
Currency Hedge Contracts -- 1,807 0.6%
Other Assets (Liabilities) -- -760 -0.3%
Total Net Assets -- 293,806 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of March 31, 2017
  • Regional Allocation
      Canada
    EQ : 25.8% | FI : 21.7%
    47.5%
      United States
    EQ : 14.2% | FI : 22.0%
    36.2%
      Other
    EQ : 7.6% | FI : 3.3%
    10.9%
      United Kingdom
    EQ : 2.0%
    2.0%
      Germany
    EQ : 1.7%
    1.7%
      Portugal
    FI : 0.6%
    0.6%
      Denmark
    FI : 0.5%
    0.5%
      Cash & Equivalents 0.6%
  • Sector Allocation
      Fixed Income 47.4%
      Financials 13.9%
      Industrials 6.4%
      Energy 6.3%
      Consumer Staples 5%
      Information Technology 4.9%
      Other 3.7%
      Health Care 3.6%
      Materials 3.4%
      Consumer Discretionary 3.2%
      Telecommunication Serv. 1.6%
      Cash & Equivalents 0.6%
Credit Allocation (%)
AAA 8.7%
AA 2.3%
A 2.6%
BBB 6%
BB 7.4%
B 14.1%
C 4.3%
NR 2.8%
Cash & Equivalents 0.6%
Equities 51.3%

Other Canadian Balanced Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Dan Cooper, CFA

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

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie All Cap Value Team

Investment experience since 1996

Wincy Wong, CFA

Vice President, Portfolio Manager

Mackenzie All Cap Value Team

Investment experience since 1997

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Note: Effective September 29, 2016, Mackenzie Investments will no longer permit purchases of securities in Mackenzie Strategic Income Class.

A trust version of this fund is available for sale: Mackenzie Strategic Income Fund

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 blended index is composed of 50% S&P/TSX Composite Index and 50% FTSE TMX Canada Universe Bond Index.

†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).