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 February 28, 2017
Major holdings represent 18.8% of the fund.
View all holdings
Total # of
Equity Holdings
145
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
4.8%
United States Treasury 1.50% 08-15-2026
United States | Foreign Governments
2.8%
Toronto-Dominion Bank/The
Canada | Diversified Banks
2.1%
Royal Bank of Canada
Canada | Diversified Banks
1.7%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.6%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.5%
Manulife Financial Corp
Canada | Life & Health Insurance
1.2%
United States Treasury Inflation Indexed Bonds
United States | Foreign Governments
0.9%
Videotron Ltee 5.625% 06-15-2025 Callable 2025
Canada | Corporate - Non Convertible
0.7%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 3,464 831 0.3%
407 International Inc. 2.43% 05-04-2027 MTN Callable 161,069 156 0.1%
Abbott Laboratories 14,600 753 0.3%
AbbVie Inc. 11,846 997 0.3%
Admiral Group PLC 29,443 888 0.3%
Advanced Micro Devices Inc. 7.00% 07-01-2024 Callable 2019 788,200 1,103 0.4%
Agrium Inc. 7,984 1,078 0.4%
AGT Food and Ingredients Inc. 5.88% 12-21-2021 Callable 2018 521,310 528 0.2%
Air Liquide SA 9,232 1,378 0.5%
Air Medical Group Holdings Inc. Term Loan B 1st Lien F/R 04-16-2022 31,707 43 0.0%
Albertsons LLC. Term Loan B4 1st Lien F/R 08-22-2021 27,339 37 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 30,551 1,860 0.6%
Allergan PLC 4,486 1,266 0.4%
Allied Properties Real Estate Investment Trust 18,149 652 0.2%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 67,718 69 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 188,780 194 0.1%
Ally Financial Inc. 8.00% 12-31-2018 450,301 660 0.2%
Alphabet Inc. Class A 623 664 0.2%
AltaGas Ltd. Pfd. Series E 1,179 28 0.0%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 73,953 73 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 488,404 703 0.2%
Altria Group Inc. 11,137 1,012 0.3%
Amaya Holdings BV Term Loan 1st Lien F/R 08-01-2021 31,707 43 0.0%
Amazon.com Inc. 520 523 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 03-06-2023 96,988 128 0.0%
Anheuser-Busch InBev NV 4,624 657 0.2%
Antero Resources Corp. 5.625% 06-01-2023 Callable 273,645 377 0.1%
Apple Inc. 6,928 1,078 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 817,470 626 0.2%
ARC Resources Ltd. 46,758 1,081 0.4%
Aretec Group Inc. 7,262 141 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 143,750 197 0.1%
Asurion LLC Term Loan B 1st Lien F/R 08-04-2022 31,584 43 0.0%
Atlantia SPA 28,646 901 0.3%
Atlantic Power LP 5.95% 06-23-2036 662,463 529 0.2%
Atlas Copco AB A 20,662 844 0.3%
Avago Technologies Cayman Finance Ltd. Term Loan B3 1st Lien F/R 02-01-2023 18,674 25 0.0%
Aviva PLC 4.50% 05-10-2021 209,563 221 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 836,521 821 0.3%
Bank of Montreal 1.88% 03-31-2021 545,557 545 0.2%
Bank of Montreal 3.32% 06-01-2026 355,045 361 0.1%
Barrick Gold Corp. 26,087 561 0.2%
Bayer AG 5,698 799 0.3%
BCE Inc. 16,766 973 0.3%
Becton, Dickinson and Co. 5,950 1,323 0.4%
Bell Canada 2.00% 10-01-2021 219,955 218 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 917,922 1,209 0.4%
Berry Plastics Group Inc. Term Loan H 1st Lien F/R 10-01-2022 30,270 41 0.0%
BMC Software Inc. Term Loan B 1st Lien F/R 09-11-2020 31,698 43 0.0%
British American Tobacco PLC 18,861 1,440 0.5%
Broadcom Ltd. 6,876 1,633 0.5%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 609 13 0.0%
Brookfield Asset Management Inc. Class A limited voting 56,213 2,490 0.8%
Brookfield Asset Management Inc. Pfd. Series 46 14,611 375 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 327,334 320 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 668,524 898 0.3%
Bruce Power LP 2.844% 06-23-2021 483,208 491 0.2%
Bruce Power LP 3.969% 06-23-2026 142,018 146 0.0%
Bureau Veritas SA 23,191 604 0.2%
C&S Group Enterprises LLC 5.375% 07-15-2022 Callable 144A 200,904 261 0.1%
CAE Inc. 23,062 433 0.1%
Calfrac Well Services Ltd. 7.50% 12-01-2020 Callable 144A 844,315 987 0.3%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 469,353 639 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 320,407 447 0.1%
Canada Housing Trust 1.90% 09-15-2026 81,401 79 0.0%
Canadian Imperial Bank of Commerce 25,040 2,743 0.9%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 112,575 113 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 43,298 44 0.0%
Canadian National Railway Co. 6,114 552 0.2%
Canadian Natural Resources Ltd. 60,558 2,591 0.9%
Canadian Pacific Railway Ltd. 13,838 2,651 0.9%
Canadian Tire Corp. Ltd. Class A non-voting 11,598 1,615 0.5%
Canadian Utilities Ltd. Class A non-voting 12,828 464 0.2%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 594,969 795 0.3%
Cenovus Energy Inc. 53,997 1,096 0.4%
CETIP SA - Mercados Organizados 75,286 1,383 0.5%
Charter Communications Term Loan I 1st Lien F/R 01-24-2023 31,708 43 0.0%
Chemtrade Logistics Income Fund 18,180 344 0.1%
China Mobile Ltd. 53,724 757 0.3%
Chip Mortgage Trust 2.98% 11-15-2021 152,410 151 0.1%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 31,707 41 0.0%
Cielo SA 42,391 486 0.2%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 278,143 371 0.1%
CME Group Inc. 7,794 1,208 0.4%
Cogeco Communications Inc. 5,923 392 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 1,690,391 1,821 0.6%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 788,893 834 0.3%
Cominar REIT 4.247% 05-23-2023 187,048 189 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 448,569 616 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 206,515 281 0.1%
Community Health Systems Inc. 7.125% 07-15-2020 Callable 263,253 270 0.1%
Compagnie Financiere Richemont SA 10,911 971 0.3%
Computer Sciences Government Services Inc. Term Loan B 1st Lien F/R 10-29-2022 19,861 27 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 632,154 747 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 169,729 227 0.1%
Corus Entertainment Inc. Class B non-voting 18,045 227 0.1%
Crescent Point Energy Corp. 91,055 1,662 0.6%
Croda International PLC 6,855 362 0.1%
CSC Holdings LLC 10.125% 01-15-2023 Callable 2019 144A 313,479 488 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 458,961 461 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 309,206 422 0.1%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 271,913 376 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 161,069 161 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 124,699 166 0.1%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 469,353 642 0.2%
Deutsche Boerse AG 15,380 1,684 0.6%
DH Corp. 15,449 344 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 318,675 321 0.1%
Diageo PLC 10,877 378 0.1%
Diebold Inc. 8.5% 04-15-2024 Series WI 370,633 539 0.2%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 964,684 1,285 0.4%
Dollar Tree Inc. Term Loan B 1st Lien F/R 07-06-2022 10,392 14 0.0%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 314,345 383 0.1%
Element Financial Corp. 61,692 769 0.3%
Emera Inc. 4.10% Cum. Conv. Pfd. Series C 655 14 0.0%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 579,157 766 0.3%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 12,631 218 0.1%
Endo Finance LLC 6.00% 02-01-2025 Callable 2020 144A 84,864 96 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 270,181 281 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 1,125,753 1,624 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 3,966,115 4,427 1.5%
Fairfax Financial Holdings Ltd. Pfd. Series K 623 14 0.0%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 236,657 310 0.1%
Fanuc Corp. 3,360 764 0.3%
FCA US LLC Term Loan B 1st Lien F/R 05-24-2017 31,867 43 0.0%
First Quantum Minerals Ltd. 7.00% 02-15-2021 Callable 2018 144A 381,544 511 0.2%
First Quantum Minerals Ltd. 7.25% 10-15-2019 Callable 144A 422,590 577 0.2%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 762,395 1,026 0.3%
FLIR Systems Inc. 31,640 1,538 0.5%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 206,099 279 0.1%
Fortified Trust 1.67% 07-23-2021 214,759 212 0.1%
Fortis Inc. 35,996 1,492 0.5%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 122,967 123 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 476,885 336 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 638,042 888 0.3%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 1,002,960 1,134 0.4%
Frontier Communications Corp. 8.75% 04-15-2022 377,560 503 0.2%
Futures Contracts 148 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 296,902 398 0.1%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 1,080,377 1,374 0.5%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 1,428,040 1,371 0.5%
Gates Global LLC Term Loan 1st Lien F/R 07-03-2021 31,621 43 0.0%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 1,572,591 1,575 0.5%
General Electric Co. 35,799 1,520 0.5%
Genworth MI Canada Inc. 15,755 530 0.2%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 481,476 712 0.2%
Gibson Energy Inc. 60,199 1,143 0.4%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 237,274 259 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 621,762 652 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 564,609 749 0.2%
Goldcorp Inc. 84,508 1,545 0.5%
Government of Canada 0.75% 03-01-2021 27,711 27 0.0%
Government of Canada 1.50% 06-01-2026 14,695,757 14,422 4.8%
Government of Canada 1.75% 03-01-2019 1,357,832 1,386 0.5%
Government of Canada 2.75% 12-01-2048 261,521 287 0.1%
Government of Portugal 5.125% 10-15-2024 846,913 1,112 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 167,997 169 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 557,681 587 0.2%
Great-West Lifeco Inc.* 17,492 615 0.2%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 625,737 822 0.3%
H&R Real Estate Investment Trust 27,674 619 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 330,798 329 0.1%
Hang Lung Properties Ltd. 326,330 918 0.3%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 151,544 174 0.1%
Harley-Davidson Inc. 11,015 863 0.3%
Heathrow Funding Ltd. 3.25% 05-21-2025 639,081 649 0.2%
Heineken Holding NV A 10,305 963 0.3%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 419,127 537 0.2%
Hilex Poly Co. LLC Term Loan 1st Lien F/R 12-09-2021 138,532 188 0.1%
Hilton Worldwide Finance LLC Term Loan B1 1st Lien F/R 10-26-2020 20,835 28 0.0%
Honeywell International Inc. 5,040 784 0.3%
HSBC Holdings PLC 111,190 1,209 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 244,202 243 0.1%
Hydro One Inc. 3.72% 11-18-2047 148,946 146 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 812,274 1,155 0.4%
Intact Financial Corp. 12,098 1,163 0.4%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 594,543 810 0.3%
Intelsat Connect Finance SA 12.50% 04-01-2022 271,393 226 0.1%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 282,304 320 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 363,705 474 0.2%
Intelsat Luxembourg SA 7.75% 06-01-2021 200,904 90 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 64,081 65 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 02-20-2022 559,413 655 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 748,402 964 0.3%
Iron Mountain Canada Operations ULC 5.375% 09-15-2023 Callable 2019 313,479 320 0.1%
Japan Tobacco Inc. 22,532 995 0.3%
Jardine Matheson Holdings Ltd. 7,343 544 0.2%
Johnson & Johnson 8,954 1,386 0.5%
JPMorgan Chase & Co. 13,024 1,510 0.5%
KAR Auction Services Inc. 16,938 970 0.3%
Killam Apartment Real Estate Investment Trust 30,567 365 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 343,788 462 0.2%
Kweichow Moutai Co. Ltd. 10,160 656 0.2%
Labrador Iron Ore Royalty Corp. 26,156 487 0.2%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 297,805 395 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 345,954 465 0.2%
Lawson Inc. 8,123 767 0.3%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 264,985 331 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 602,711 859 0.3%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 350,889 479 0.2%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 251,130 340 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 891,860 1,117 0.4%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 787,046 736 0.2%
Loblaw Companies Ltd. 19,734 1,398 0.5%
Lockheed Martin Corp. 3,117 1,047 0.3%
Lower Mattagami Energy LP 2.31% 10-21-2026 58,886 56 0.0%
LSC Communications Inc. 8.75% 10-15-2023 Callable 2019 144A 310,015 419 0.1%
Mackenzie Global Tactical Bond Fund Series R 198,190 1,942 0.6%
Magna International Inc. 28,224 1,645 0.5%
Mallinckrodt International Finance SA 5.625% 10-15-2023 Callable 2018 144A 165,399 207 0.1%
Manulife Financial Corp. 148,250 3,545 1.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 976,807 1,334 0.4%
McDonald's Corp. 6,865 1,123 0.4%
Media General Inc. Term Loan B 1st Lien F/R 07-08-2020 27,949 38 0.0%
Mexican Bonos 5.00% 12-11-2019 23,225,157 1,429 0.5%
Microsoft Corp. 24,559 2,050 0.7%
MJ Acquisition Corp. Term Loan 1st Lien F/R 04-08-2022 31,707 43 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 781,100 773 0.3%
Monsanto Co. 8,902 1,258 0.4%
Moody's Corp. 7,655 970 0.3%
Motorola Solutions Inc. 14,791 1,647 0.5%
MPLX LP 4.5% 07-15-2023 232,078 318 0.1%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 130,674 176 0.1%
Nestlé SA Reg. 14,479 1,396 0.5%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 8,360,000 0.0%
Nielsen Holdings PLC 6,720 379 0.1%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 88,328 88 0.0%
North Battleford Power LP 4.958% 12-31-2032 284,991 314 0.1%
Northern Trust Corp. 8,885 1,063 0.4%
Northland Power Inc. 31,682 738 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 539,594 694 0.2%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 472,816 607 0.2%
Novo Nordisk AS B 15,639 755 0.3%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 917,056 1,265 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 280,572 387 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 685,844 779 0.3%
Nykredit Realkredit A/S 1.00% 01-01-2021 7,575,454 1,494 0.5%
Oaktree Capital Group LLC 18,533 934 0.3%
Occidental Petroleum Corp. 11,535 1,104 0.4%
Odebrecht Finance Ltd. 5.25% 06-27-2029 408,735 318 0.1%
Oracle Corp. 22,151 1,144 0.4%
Outfront Media Inc. 22,523 753 0.3%
Owens & Minor Inc. 19,248 913 0.3%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 364,289 489 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 413,931 431 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 303,953 313 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 285,768 298 0.1%
Patterson Companies Inc. 9,283 512 0.2%
PBF Holding Co. LLC 7.00% 11-15-2023 Callable 2018 144A 733,645 983 0.3%
Pembina Pipeline Corp. 32,675 1,371 0.5%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 306,551 310 0.1%
Pembina Pipeline Corp. Pfd. Series 1 720 14 0.0%
Pernod Ricard SA 2,788 406 0.1%
Petco Animal Supplies Inc. Term Loan B1 1st Lien F/R 01-26-2023 31,628 43 0.0%
Pfizer Inc. 18,255 797 0.3%
Philip Morris International Inc. 11,604 1,426 0.5%
Platform Specialty Products Corp. 10.375% 05-01-2021 144A Callable 257,191 384 0.1%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 224,204 303 0.1%
Portugal Obrigacoes do Tesouro OT 2.875% 10-15-2025 481,476 648 0.2%
Potash Corp. of Saskatchewan Inc. 56,896 1,382 0.5%
Presidio Inc. Term Loan 1L F/R 02-02-2022 31,707 43 0.0%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 288,500 388 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-01-2022 376,616 498 0.2%
Province of Alberta 3.30% 12-01-2046 374,096 373 0.1%
Province of British Columbia 2.80% 06-18-2048 488,404 456 0.2%
Province of Ontario 2.80% 06-02-2048 41,566 38 0.0%
Province of Ontario 2.90% 12-02-2046 1,279,895 1,200 0.4%
Province of Quebec 2.50% 09-01-2026 386,220 386 0.1%
Province of Quebec 3.50% 12-01-2048 405,098 427 0.1%
Q Holdings Co. Term Loan B 1st Lien F/R 12-18-2021 339,458 450 0.2%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 527,372 715 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 545,557 716 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 635,618 670 0.2%
Quicken Loans Inc. 5.75% 05-01-2025 Callable 2020 144A 507,455 666 0.2%
Quorum Health Corp. 11.625% 04-15-2023 Callable 2019 144A 245,934 277 0.1%
Real Alloy Holding Inc. 10.00% 01-15-2019 Callable 2018 144A 171,461 232 0.1%
Real Estate Asset Liquidity Trust 5.273% 04-12-2017 557,681 559 0.2%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 483,208 632 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 546,002 657 0.2%
Resolute Forest Products Inc. 5.875% 05-15-2023 1,603,073 1,948 0.7%
RioCan Real Estate Investment Trust 28,609 762 0.3%
Riverbed Technology Inc. Term Loan 1st Lien F/R 04-27-2022 31,867 43 0.0%
Roche Holding AG Genusscheine 3,706 1,136 0.4%
Rogers Communications Inc. Class B non-voting 39,021 2,021 0.7%
Royal Bank of Canada 54,411 4,945 1.6%
Royal Bank of Canada 1.583% 09-13-2021 490,136 480 0.2%
Royal Bank of Canada 1.65% 07-15-2021 237,274 234 0.1%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 90,060 89 0.0%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 46,762 46 0.0%
Royal Bank of Canada 3.31% 01-20-2026 452,033 459 0.2%
Safran SA 15,189 1,470 0.5%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 341,190 456 0.2%
Sands China Ltd. 210,234 1,215 0.4%
SAP AG 9,283 1,091 0.4%
Schindler Holding AG PC 4,607 1,091 0.4%
Schlumberger Ltd. 10,392 1,172 0.4%
Scientific Games International Inc. 10.00% 12-01-2022 Callable 2018 258,057 342 0.1%
Scientific Games International Inc. Term Loan B1 1st Lien F/R 10-18-2020 31,704 43 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 124,469 120 0.0%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 206,099 281 0.1%
Shaw Communications Inc. Class B non-voting 41,772 1,125 0.4%
SIG Combibloc Purhcase Co. Sarl Term Loan B 1st Lien F/R 03-13-2022 30,706 42 0.0%
SNC-Lavalin Group Inc. 24,547 1,419 0.5%
Solenis International LP Term Loan 2nd Lien F/R 07-02-2022 315,211 419 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 779,368 831 0.3%
SS&C European Holdings SARL TL B2 1st Lien F/R 07-08-2022 Sr. Secured - Acquisition Financing/Refinance 1 0.0%
St. George's University Term Loan B 1st Lien F/R 06-06-2022 230,346 314 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 285,050 327 0.1%
Sun Life Financial Inc. 25,661 1,323 0.4%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 197,440 198 0.1%
Suncor Energy Inc. 59,297 2,603 0.9%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 245,934 335 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 135,090 178 0.1%
Team Health Inc. Term Loan B 1st Lien F/R 11-23-2022 31,708 43 0.0%
Teck Resources Ltd. Class B 37,791 1,015 0.3%
Telefonica Deutschland Holding AG 189,317 1,088 0.4%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 1,161,258 1,464 0.5%
Tencent Holdings Ltd. 16,505 538 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 767,244 912 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 161,069 168 0.1%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 471,084 642 0.2%
Tervita Escrow Corp. 7.63% 12-01-2021 Callable 2018 144A 311,747 429 0.1%
The Bank of Nova Scotia 60,177 4,500 1.5%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 322,139 320 0.1%
The Hertz Corp. 5.50% 10-15-2024 Callable 2019 144A 171,461 202 0.1%
The Kraft Heinz Co. 8,469 994 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 255,892 339 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 31,624 37 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 72,741 73 0.0%
The Sherwin-Williams Co. 1,784 644 0.2%
The Toronto-Dominion Bank 94,014 6,227 2.1%
The Toronto-Dominion Bank 1.68% 06-08-2021 493,600 490 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 576,732 561 0.2%
The Weir Group PLC 23,000 716 0.2%
Tong Ren Tang Technologies Co. Ltd. 176,847 441 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 569,988 751 0.3%
TransAlta Corp. 5.00% 11-25-2020 443,374 456 0.2%
TransCanada Corp. 64,107 3,881 1.3%
TransCanada Corp. 4.00% Pfd. Series 7 2,435 46 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 2,065 41 0.0%
TransCanada Corp. Pfd. Series 15 36,897 939 0.3%
Transfield Services Ltd. 8.375% 05-15-2020 Callable 2017 144A 571,536 814 0.3%
Trevali Mining Corp. 12.50% 05-30-2019 1,195,377 1,249 0.4%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 147,270 111 0.0%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 30,156 41 0.0%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 32,749 44 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 327,492 444 0.1%
Trinidad Drilling Ltd. 7.875% 01-15-2019 Callable 144A 218,223 293 0.1%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 31,628 40 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 264,985 359 0.1%
Unilever NV CVA 15,276 844 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 341,190 341 0.1%
United States Treasury 1.50% 08-15-2026 6,927,713 8,555 2.9%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 2,029,820 2,790 0.9%
US Farathane LLC Term Loan B 1st Lien F/R 12-23-2021 31,071 42 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 687,175 927 0.3%
Valeant Pharmaceuticals International Inc. 18,315 357 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 367,862 384 0.1%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 281,599 378 0.1%
Veresen Inc. 69,943 917 0.3%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 950,829 1,175 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 1,842,425 1,902 0.6%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 280,572 291 0.1%
Visa Inc. Class A 8,902 933 0.3%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 474,548 481 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 521,310 529 0.2%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 271,913 354 0.1%
Wells Fargo & Co. 29,010 2,148 0.7%
Wells Fargo & Co. 2.51% 10-27-2023 337,726 332 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 656,401 640 0.2%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 6,619 171 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 414,624 561 0.2%
WestJet Airlines Ltd. 30,826 710 0.2%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 98,720 134 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 445,106 598 0.2%
Total Investments -- 292,862 97.8%
Cash & Equivalents -- 6,206 2.1%
Currency Hedge Contracts -- -450 -0.2%
Other Assets (Liabilities) -- 1,047 0.3%
Total Net Assets -- 299,665 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 25.5% | FI : 21.6%
    47.1%
      United States
    EQ : 14.0% | FI : 22.9%
    36.9%
      Other
    EQ : 8.3% | FI : 3.5%
    11.8%
      United Kingdom
    EQ : 2.0%
    2.0%
      Germany
    EQ : 1.6%
    1.6%
      Luxembourg
    FI : 0.6%
    0.6%
      Portugal
    FI : 0.6%
    0.6%
      Cash & Equivalents -0.6%
  • Sector Allocation
      Fixed Income 48.6%
      Financials 14.1%
      Industrials 6.5%
      Energy 6.3%
      Consumer Staples 5.2%
      Information Technology 4.8%
      Health Care 3.6%
      Materials 3.5%
      Other 3.3%
      Consumer Discretionary 3.1%
      Telecommunication Serv. 1.6%
      Cash & Equivalents -0.6%
Credit Allocation (%)
AAA 9.9%
AA 2.1%
A 2.2%
BBB 6.3%
BB 7.2%
B 15%
C 4.1%
NR 2.4%
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).