Fund Portfolio – Mackenzie Strategic Income Fund Series A MFC2238 MFC3232 MFC7123 MFC2239 | Mackenzie Investments

Mackenzie Strategic Income Fund Series A

Asset Class: Canadian Balanced

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2017
Major holdings represent 20.6% of the fund.
View all holdings
Total # of
Equity Holdings
140
Total # of
Fixed Income Holdings
249
Holding name, country and sector Percentage of holding in fund
Mackenzie Global High Yield Fixed Income ETF
Canada | Index Participation Units
6.7%
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
3.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
1.9%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.6%
Royal Bank of Canada
Canada | Diversified Banks
1.6%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.6%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.4%
Manulife Financial Corp
Canada | Life & Health Insurance
1.1%
Videotron Ltee 5.625% 06-15-2025 Callable 2025
Canada | Corporate - Non Convertible
0.7%
Mackenzie Global Tactical Bond Fund Series R
Canada | Pooled Funds
0.6%

Complete Fund Holdings Help Full holdings list

As of February 28, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 4,951 0.3%
407 International Inc. 2.43% 05-04-2027 Callable MTN 916 0.1%
Abbott Laboratories 5,048 0.3%
AbbVie Inc. 5,619 0.3%
Admiral Group PLC 4,964 0.3%
Advanced Micro Devices Inc. 7.50% 08-15-2022 5,926 0.3%
Agrium Inc. 5,903 0.3%
AGT Food and Ingredients Inc. 5.88% 12-21-2021 Callable 2018 3,098 0.2%
Air Liquide SA 7,404 0.4%
Albertson's LLC Term Loan B4 1st Lien F/R 08-22-2021 212 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 991 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 10,418 0.6%
Allergan PLC 8,423 0.5%
Allied Properties Real Estate Investment Trust 4,255 0.2%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,134 0.1%
Allied Properties REIT 3.93% 11-14-2022 Series B 406 0.0%
Ally Financial Inc. 8.00% 12-31-2018 3,792 0.2%
Alpha 3 BV Term Loan B1 1st Lien F/R 01-24-2024 857 0.0%
Alphabet Inc. Class A 4,041 0.2%
AltaGas Ltd. Pfd. Series K 2,968 0.2%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 425 0.0%
Altria Group Inc. 6,400 0.4%
Amaya Holdings BV Term Loan 1st Lien F/R 08-01-2021 243 0.0%
Amazon.com Inc. 3,368 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 04-30-2023 748 0.0%
Anheuser-Busch InBev NV 3,868 0.2%
Apple Inc. 7,024 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 3,570 0.2%
ARC Resources Ltd. 7,185 0.4%
Ardagh Packaging Finance PLC 2.75% 03-15-2024 Callable 2020 946 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 1,110 0.1%
Atlantia SPA 5,144 0.3%
Atlantic Power LP 5.95% 06-23-2036 3,036 0.2%
Atlas Copco AB A 5,144 0.3%
Aviva PLC 4.50% 05-10-2021 1,300 0.1%
Bank of Montreal 1.61% 10-28-2021 DPNT 4,791 0.3%
Bank of Montreal 1.88% 03-31-2021 DPNT 3,172 0.2%
Bank of Montreal 3.32% 06-01-2026 2,120 0.1%
Barrick Gold Corp. 3,692 0.2%
Bayer AG 5,994 0.3%
BCE Inc. 4,551 0.3%
Becton, Dickinson and Co. 8,353 0.5%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 6,908 0.4%
BMC Software Inc. Term Loan B 1st Lien F/R 09-11-2020 244 0.0%
British American Tobacco PLC 9,017 0.5%
Broadcom Ltd. 10,339 0.6%
Brookfield Asset Management Inc. Class A limited voting 15,588 0.9%
Brookfield Asset Management Inc. Pfd. Series 46 2,177 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,921 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 271 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 3,286 0.2%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 5,259 0.3%
Bruce Power LP 2.84% 06-23-2021 2,870 0.2%
Bruce Power LP 3.97% 06-23-2026 866 0.0%
Bureau Veritas SA 3,393 0.2%
C&S Group Enterprises LLC 5.375% 07-15-2022 Callable 144A 1,529 0.1%
CAE Inc. 2,212 0.1%
Caisse Centrale Desjardins 2.09% 01-17-2022 1,981 0.1%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 3,638 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 2,620 0.1%
Canada Housing Trust No. 1 1.90% 09-15-2026 313 0.0%
Canada Housing Trust No. 1 2.35% 06-15-2027 1,617 0.1%
Canadian Imperial Bank of Commerce 17,050 1.0%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 1,991 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 656 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 259 0.0%
Canadian National Railway Co. 2,180 0.1%
Canadian Natural Resources Ltd. 13,318 0.8%
Canadian Pacific Railway Ltd. 15,615 0.9%
Canadian Tire Corp. Ltd. Class A non-voting 7,244 0.4%
Canadian Utilities Ltd. Class A non-voting 2,647 0.1%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 4,540 0.3%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 02-21-2024 1,679 0.1%
Cenovus Energy Inc. 169,235 2,843 0.2%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 19,520,000 0.0%
CETIP SA - Mercados Organizados 366,792 7,342 0.4%
Charter Communications Operating LLC Term Loan I 1st Lien F/R 01-15-2024 1,192,620 1,594 0.1%
Chemtrade Logistics Income Fund 118,869 2,174 0.1%
Chemtrade Logistics Income Fund Subscription Receipts 195,794 3,612 0.2%
China Mobile Ltd. 310,200 4,544 0.3%
Chip Mortgage Trust 2.98% 11-15-2021 880,000 878 0.0%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 176,998 232 0.0%
Cielo SA 244,763 2,853 0.2%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 1,601,950 2,145 0.1%
CME Group Inc. 42,300 6,825 0.4%
Cogeco Communications Inc. 34,200 2,456 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 9,464,416 10,341 0.6%
Cominar Real Estate Investment Trust 4.25% 05-23-2023 1,080,000 1,107 0.1%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 4,555,000 4,854 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 2,590,000 3,435 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 1,189,420 1,586 0.1%
Community Health Systems Inc. 7.13% 07-15-2020 Callable 1,520,000 1,902 0.1%
Compagnie Financiere Richemont SA 51,705 5,059 0.3%
Computer Sciences Government Services Inc. Term Loan B 1st Lien F/R 11-28-2022 114,674 154 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 3,650,000 4,255 0.2%
Constellium NV 6.63% 03-01-2025 Callable 2020 144A 2,460,000 3,260 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 977,494 1,298 0.1%
Corus Entertainment Inc. Class B non-voting 105,767 1,344 0.1%
Crescent Point Energy Corp. 525,744 7,681 0.4%
Crew Energy Inc. 6.50% 03-14-2024 Callable 5,340,000 5,377 0.3%
Croda International PLC 39,581 2,287 0.1%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 2,650,000 2,997 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,785,326 2,413 0.1%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 2,063,000 2,936 0.2%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 930,000 939 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 2,180,000 2,912 0.2%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 2,703,225 3,619 0.2%
Deutsche Boerse AG 89,011 10,131 0.6%
DH Corp. 89,200 2,035 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 1,840,000 1,858 0.1%
Diageo PLC 62,800 2,346 0.1%
Diebold Inc. 8.50% 04-15-2024 Series WI 2,140,000 3,134 0.2%
dorma+kaba Holding AG 125 137 0.0%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 1,815,000 2,268 0.1%
Dynegy Inc. 7.625% 11-01-2024 3,070,000 3,882 0.2%
Element Fleet Management Corp. 370,400 5,212 0.3%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 73,771 1,332 0.1%
Endo Finance LLC 6.00% 02-01-2025 Callable 2020 144A 490,000 583 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 980,000 996 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 970,000 993 0.1%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,560,000 1,655 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 6,500,000 9,353 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 22,900,000 26,016 1.5%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 2,182,912 2,860 0.2%
Fanuc Corp. 19,400 5,073 0.3%
First Quantum Minerals Ltd. 7.25% 10-15-2019 Callable 144A 4,640,000 6,368 0.4%
Flex Acquisition Co. Inc. 6.88% Callable 2020 144A 1,500,000 2,037 0.1%
FLIR Systems Inc. 182,685 8,908 0.5%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-30-2024 1,187,025 1,583 0.1%
Fortified Trust 1.67% 07-23-2021 1,240,000 1,235 0.1%
Fortis Inc. 207,839 8,756 0.5%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 710,000 722 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 2,746,411 2,554 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 3,684,000 4,924 0.3%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 5,791,000 6,500 0.4%
Frontier Communications Corp. 8.75% 04-15-2022 2,180,000 2,910 0.2%
Futures Contracts -291 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 1,714,286 2,263 0.1%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 6,238,000 7,950 0.4%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 8,224,125 7,895 0.4%
Gates Global LLC Term Loan 1st Lien F/R 07-03-2021 1,182,579 1,575 0.1%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 5,970,000 8,069 0.5%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 3,960,000 5,313 0.3%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 1,030,000 1,348 0.1%
General Electric Co. 206,700 8,185 0.5%
Genworth MI Canada Inc. 90,966 3,451 0.2%
Gibson Energy Inc. 347,581 6,462 0.4%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 1,370,000 1,487 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 3,590,000 3,747 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 3,260,000 4,168 0.2%
Go Daddy Operating Co. LLC Delayed Draw Term Loan 1st Lien F/R 02-06-2024 753,153 1,004 0.1%
Go Daddy Operating Co. LLC Term Loan B 1st Lien F/R 02-06-2024 566,847 755 0.0%
Goldcorp Inc. 487,942 10,271 0.6%
Government of Canada 1.00% 06-01-2027 90,250,000 84,000 4.8%
Government of Canada 2.75% 06-01-2022 4,560,000 4,932 0.3%
Government of Canada 2.75% 12-01-2048 790,000 863 0.0%
Government of Canada 3.50% 12-01-2045 720,000 888 0.1%
Government of Portugal 5.125% 10-15-2024 4,890,000 6,308 0.4%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 970,000 997 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 3,220,000 3,380 0.2%
Great-West Lifeco Inc.* 101,000 3,660 0.2%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 07-11-2020 3,612,951 4,691 0.3%
H&R Real Estate Investment Trust 161,332 3,807 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,910,000 1,922 0.1%
Hang Lung Properties Ltd. 1,884,200 6,319 0.4%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 875,000 1,040 0.1%
Harley-Davidson Inc. 59,100 4,426 0.2%
Heathrow Funding Ltd. 3.25% 05-21-2025 3,690,000 3,810 0.2%
Heineken Holding NV A 58,767 5,928 0.3%
Hennessy Capital Acquisition Corp. II Delayed Draw Term Loan 1st Lien F/R 02-03-2024 825,714 1,108 0.1%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 2,064,286 2,770 0.2%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 2,420,000 3,156 0.2%
Honda Canada Finance Inc. 2.27% 07-15-2022 760,000 768 0.0%
Honeywell International Inc. 31,300 5,176 0.3%
HSBC Holdings PLC 642,000 6,837 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 1,410,000 1,436 0.1%
Hydro One Inc. 3.72% 11-18-2047 860,000 855 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 3,900,000 5,466 0.3%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 2,290,000 3,048 0.2%
Innocor Inc. Term Loan 2nd Lien F/R 02-02-2025 640,000 823 0.0%
Intact Financial Corp. 70,276 6,617 0.4%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 3,424,197 4,560 0.3%
Intelsat Connect Finance SA 12.50% 04-01-2022 1,567,000 1,811 0.1%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 1,630,000 2,070 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 2,100,000 2,768 0.2%
Intelsat Luxembourg SA 7.75% 06-01-2021 1,160,000 868 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 370,000 380 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 3,230,000 3,797 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 4,310,186 5,563 0.3%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 1,810,000 1,877 0.1%
Japan Tobacco Inc. 130,100 5,777 0.3%
Jardine Matheson Holdings Ltd. 42,400 3,502 0.2%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 3,160,000 4,216 0.2%
JCDecaux SA 4,340 184 0.0%
Jefferies Finance LLC 6.88% 04-15-2022 Callable 2017 760,000 981 0.1%
Johnson & Johnson 48,900 7,938 0.4%
JPMorgan Chase & Co. 75,200 9,052 0.5%
KAR Auction Services Inc. 75,799 4,513 0.3%
Killam Apartment Real Estate Investment Trust 247,895 3,143 0.2%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 1,985,000 2,662 0.2%
Koninklijke Philips NV 136,001 5,461 0.3%
Kweichow Moutai Co. Ltd. 58,662 4,024 0.2%
L Brands Inc. 6.95% 03-01-2033 1,830,000 2,332 0.1%
Labrador Iron Ore Royalty Corp. 121,825 2,318 0.1%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 1,719,500 2,270 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 1,991,125 2,648 0.1%
Lawson Inc. 46,900 4,296 0.2%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 1,530,000 1,951 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 3,480,000 4,865 0.3%
Lionbridge Technologies Inc. Term Loan 1st Lien F/R 02-06-2024 860,000 1,145 0.1%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 1,160,000 1,554 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 5,149,522 6,387 0.4%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 4,532,590 4,329 0.2%
Loblaw Companies Ltd. 113,943 7,892 0.4%
Lockheed Martin Corp. 18,000 6,374 0.4%
London Stock Exchange Group PLC 4,684 237 0.0%
Lower Mattagami Energy LP 2.31% 10-21-2026 340,000 331 0.0%
LSC Communications Inc. 8.75% 10-15-2023 Callable 2019 144A 1,790,000 2,477 0.1%
Luxottica Group SPA 1,530 107 0.0%
Mackenzie Global Tactical Bond Fund Series R 1,144,332 11,265 0.6%
Magna International Inc. 194,260 11,032 0.6%
Manulife Financial Corp. 855,983 20,312 1.1%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 5,640,000 7,731 0.4%
McDonald's Corp. 39,636 6,721 0.4%
McGraw-Hill Global Education Holdings LLC 7.875% 05-15-2024 Series 144A Callable 1,700,000 2,217 0.1%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 2,240,000 2,996 0.2%
Mexican Bonos 5.00% 12-11-2019 134,100,000 8,442 0.5%
Microsoft Corp. 141,800 12,051 0.7%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 4,510,000 4,525 0.3%
Monsanto Co. 39,300 5,942 0.3%
Moody's Corp. 44,200 6,539 0.4%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 1,730,000 1,745 0.1%
Motorola Solutions Inc. 71,500 7,500 0.4%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 752,609 1,008 0.1%
Nestlé SA Reg. 86,442 8,487 0.5%
New Arclin US Holding Corp. Term Loan 1st Lien F/R 02-08-2024 1,310,000 1,764 0.1%
Nielsen Holdings PLC 38,800 2,286 0.1%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 510,000 510 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,618,719 1,812 0.1%
Northern Trust Corp. 43,500 5,047 0.3%
Northland Power Inc. 184,687 4,517 0.3%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 3,095,312 4,081 0.2%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 2,730,000 3,427 0.2%
Novo Nordisk AS B 126,385 5,961 0.3%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 4,615,000 6,379 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 2,260,000 3,111 0.2%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 3,960,000 4,629 0.3%
Nykredit Realkredit AS 1.00% 01-01-2021 43,740,000 8,621 0.5%
Oaktree Capital Group LLC 107,010 6,354 0.4%
Occidental Petroleum Corp. 66,600 5,799 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,360,000 1,383 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 910,000 927 0.1%
Oracle Corp. 127,900 7,236 0.4%
Outfront Media Inc. 130,047 4,483 0.3%
Owens & Minor Inc. 111,139 5,327 0.3%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 2,098,050 2,792 0.2%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 1,755,000 1,824 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 1,650,000 1,742 0.1%
Pattern Energy Group Inc. 5.88% 02-01-2024 Callable 2020 144A 1,690,000 2,305 0.1%
PBF Holding Co 7.00% 11-15-2023 4,236,000 5,666 0.3%
Pembina Pipeline Corp. 190,167 8,162 0.5%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 576,000 582 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,770,000 1,829 0.1%
Pembina Pipeline Corp. Pfd. Series 1 4,160 85 0.0%
Pernod Ricard SA 16,480 2,502 0.1%
Petco Animal Supplies Inc. Tern Loan B1 1st Lien F/R 01-26-2023 182,160 234 0.0%
PetSmart Inc. 7.125% 03-15-2023 Callable 2018 144A 2,400,000 3,136 0.2%
Philip Morris International Inc. 67,000 9,732 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 1,259,621 1,686 0.1%
Portugal Obrigacoes do Tesouro OT 2.875% 10-15-2025 2,780,000 3,683 0.2%
Potash Corp. of Saskatchewan Inc. 283,671 6,536 0.4%
Power Products LLC Term Loan 1st Lien F/R 01-31-2023 1,660,000 2,229 0.1%
Premier Foods Finance PLC 6.50% 03-15-2021 Callable 2017 960,000 1,585 0.1%
Presidio Inc. Term Loan 1st Lien F/R 02-02-2022 176,341 236 0.0%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 1,661,545 2,224 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-30-2022 2,169,100 2,881 0.2%
Province of Alberta 3.30% 12-01-2046 2,160,000 2,149 0.1%
Province of British Columbia 2.80% 06-18-2048 2,820,000 2,616 0.1%
Province Of Manitoba 3.40% 09-05-2048 2,630,000 2,648 0.1%
Province of Ontario 2.90% 12-02-2046 5,610,000 5,234 0.3%
Province of Quebec 3.50% 12-01-2048 2,339,000 2,456 0.1%
Q Holding Co. Term Loan B 1st Lien F/R 12-18-2021 1,955,013 2,626 0.1%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 3,045,000 4,148 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 3,150,000 4,184 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 2,818,000 3,018 0.2%
Quicken Loans Inc. 5.75% 05-01-2025 Callable 2020 144A 1,750,000 2,293 0.1%
Quintiles IMS Inc. 3.25% 03-15-2025 Callable 2020 1,830,000 2,581 0.1%
Real Alloy Holding Inc. 10.00% 01-15-2019 Callable 2018 144A 3,410,000 4,612 0.3%
Real Estate Asset Liquidity Trust 5.273% 04-12-2017 3,220,000 3,221 0.2%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 2,563,312 3,401 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 3,114,029 3,785 0.2%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 2,290,000 3,076 0.2%
Resolute Forest Products Inc. 5.875% 05-15-2023 9,256,000 10,543 0.6%
RioCan Real Estate Investment Trust 166,662 4,447 0.3%
Riverbed Technology Inc. Term Loan 1st Lien F/R 04-27-2022 184,000 247 0.0%
Roche Holding AG Genusscheine 21,200 6,860 0.4%
Rogers Communications Inc. Class B non-voting 227,363 12,678 0.7%
Royal Bank of Canada 314,165 30,311 1.7%
Royal Bank of Canada 1.58% 09-13-2021 DPNT 2,830,000 2,801 0.2%
Royal Bank of Canada 1.65% 07-15-2021 1,370,000 1,362 0.1%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 520,000 525 0.0%
Royal Bank of Canada 3.31% 01-20-2026 2,880,000 2,973 0.2%
Sabre Corp. 219,000 6,374 0.4%
Safran SA 80,685 7,625 0.4%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 1,970,000 2,633 0.1%
Sands China Ltd. 1,135,773 6,297 0.4%
SAP AG 55,592 6,880 0.4%
Schindler Holding AG PC 26,087 6,699 0.4%
Schlumberger Ltd. 60,000 6,405 0.4%
Scientific Games International Inc. 10.00% 12-01-2022 Callable 2018 1,490,000 2,105 0.1%
Scientific Games International Inc. Term Loan B3 1st Lien F/R 10-01-2021 143,378 193 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 718,674 702 0.0%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 1,187,025 1,604 0.1%
Select Medical Corp. Term Loan B 1st Lien F/R 02-09-2024 1,600,000 2,135 0.1%
Shaw Communications Inc. Class B non-voting 242,957 6,715 0.4%
Silversea Cruise Finance Ltd. 7.25% 02-01-2025 Callable 2020 144A 3,050,000 4,219 0.2%
SNC-Lavalin Group Inc. 141,735 7,666 0.4%
Solenis International LP Term Loan 2nd Lien F/R 07-31-2022 1,820,000 2,400 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 4,700,000 5,805 0.3%
SourceHOV LLC Term Loan B 1st Lien F/R 10-29-2019 1,910,000 2,515 0.1%
St. George's University Term Loan B 1st Lien F/R 07-06-2022 1,313,375 1,777 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 2,151,709 2,615 0.1%
Sun Life Financial Inc. 90,840 4,378 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,140,000 1,167 0.1%
Suncor Energy Inc. 344,620 14,250 0.8%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 3,690,000 3,755 0.2%
Sybil Software LLC Term Loan B 1st lien F/R 08-03-2022 1,402,250 1,888 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 780,000 1,030 0.1%
Symantec Corp. 5.00% 04-15-2025 Callable 2020 144A 1,870,000 2,552 0.1%
Team Health Holdings Inc. Term Loan B 1st Lien F/R 02-06-2024 1,910,000 2,533 0.1%
Teck Resources Ltd. Class B 218,200 5,793 0.3%
Telefonica Deutschland Holding AG 1,051,277 6,130 0.3%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 5,605,000 7,692 0.4%
Tencent Holdings Ltd. 95,300 3,376 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 4,430,000 5,829 0.3%
Tennessee Merger Sub Inc. 6.38% 02-01-2025 Callable 2020 144A 2,180,000 2,880 0.2%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 930,000 961 0.1%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 2,720,000 3,731 0.2%
Tervita Escrow Corp. 7.63% 12-01-2021 Callable 2018 144A 2,270,000 3,162 0.2%
The Bank of Nova Scotia 350,749 27,022 1.5%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,860,000 1,865 0.1%
The Hertz Corp. 5.50% 10-15-2024 Callable 2019 144A 1,750,000 2,105 0.1%
The Kraft Heinz Co. 48,900 5,944 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 1,477,500 1,865 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 182,122 196 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 3,020,000 2,517 0.1%
The Sherwin-Williams Co. 11,300 4,631 0.3%
The Toronto-Dominion Bank 547,222 37,463 2.2%
The Toronto-Dominion Bank 1.68% 06-08-2021 DPNT 2,850,000 2,851 0.2%
The Toronto-Dominion Bank 1.91% 07-18-2023 Series DPNT 3,330,000 3,287 0.2%
The Weir Group PLC 133,034 4,126 0.2%
Tong Ren Tang Technologies Co. Ltd. 1,021,100 2,488 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 3,291,059 4,241 0.2%
TransAlta Corp. 5.00% 11-25-2020 2,560,000 2,691 0.2%
TransAlta Corp. Pfd. Series A 110,440 1,448 0.1%
TransCanada Corp. 373,612 22,813 1.3%
TransCanada Corp. 4.00% Pfd. Series 7 14,058 309 0.0%
TransCanada Corp. Pfd. Series 15 213,040 5,482 0.3%
Transfield Services Ltd. 8.375% 05-15-2020 Callable 2017 144A 3,300,000 4,625 0.3%
Trevali Mining Corp. 12.50% 05-30-2019 6,902,000 7,661 0.4%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 850,326 865 0.0%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 57,893 78 0.0%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 189,091 254 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 1,890,909 2,544 0.1%
Trinidad Drilling Ltd. 6.63% 02-15-2025 Callable 2020 144A 2,530,000 3,466 0.2%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 182,617 224 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 3,856,175 5,159 0.3%
Unilever NV CVA 82,400 5,173 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 1,970,000 2,001 0.1%
United Parcel Service Inc. (UPS) Class B 31,800 4,467 0.3%
United States Treasury 1.50% 08-15-2026 40,000,000 49,232 2.9%
United States Treasury Inflation Indexed Bonds 1.02% 02-15-2046 11,720,000 16,412 0.9%
US Farathane LLC Term Loan B 1st Lien F/R 12-23-2021 177,100 235 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 3,957,666 5,274 0.3%
Valeant Pharmaceuticals International Inc. 105,750 1,998 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 2,484,000 2,801 0.2%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 1,621,850 2,156 0.1%
Veresen Inc. 403,843 5,460 0.3%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 5,490,000 6,703 0.4%
Vestas Wind Systems AS 2,092 206 0.0%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 11,490,000 12,057 0.7%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 1,620,000 1,696 0.1%
Visa Inc. Class A 51,400 6,004 0.3%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 2,740,000 2,985 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 3,010,000 3,114 0.2%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 1,570,000 2,013 0.1%
Wells Fargo & Co. 162,800 12,517 0.7%
Wells Fargo & Co. 2.51% 10-27-2023 1,950,000 1,945 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 3,790,000 3,755 0.2%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 38,220 997 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 1,788,000 2,388 0.1%
WestJet Airlines Ltd. 177,989 3,880 0.2%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 570,000 767 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 1,700,000 2,292 0.1%
Total Investments -- 1,775,528 100.2%
Cash & Equivalents -- 4,854 0.3%
Currency Hedge Contracts -- -30 0.0%
Other Assets (Liabilities) -- -9,285 -0.5%
Total Net Assets -- 1,771,067 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2017
  • Regional Allocation
      Canada
    EQ : 25.7% | FI : 25.8%
    51.5%
      United States
    EQ : 14.1% | FI : 19.3%
    33.4%
      Other
    EQ : 8.0% | FI : 2.8%
    10.8%
      United Kingdom
    EQ : 2.0%
    2.0%
      Germany
    EQ : 1.7%
    1.7%
      Luxembourg
    FI : 0.6%
    0.6%
      Denmark
    FI : 0.5%
    0.5%
      Cash & Equivalents -0.5%
  • Sector Allocation
      Fixed Income 41.7%
      Financials 13.7%
      Industrials 6.7%
      Index Participation Units 6.7%
      Energy 6.4%
      Other 5.2%
      Consumer Staples 5%
      Information Technology 4.9%
      Health Care 3.6%
      Materials 3.4%
      Consumer Discretionary 3.2%
      Cash & Equivalents -0.5%
Credit Allocation (%)
AAA 5.4%
AA 2.6%
A 2.5%
BBB 6%
BB 8%
B 15.4%
C 4.8%
NR 2.9%
Cash & Equivalents 0.8%
Equities 51.5%

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

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 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).