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 August 31, 2017
Major holdings represent 20.2% of the fund.
View all holdings
Total # of
Equity Holdings
136
Total # of
Fixed Income Holdings
278
Holding name, country and sector Percentage of holding in fund
Mackenzie Global High Yield Fixed Income ETF
Canada | Index Participation Units
6.8%
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
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%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.4%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.4%
Manulife Financial Corp
Canada | Life & Health Insurance
1.2%
Mackenzie Global Tactical Bond Fund Series R
Canada | Pooled Funds
0.6%
United States Treasury 3.00% 05-15-2047
United States | Foreign Governments
0.6%

Complete Fund Holdings Help Full holdings list

As of June 30, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 18,700 5,048 0.3%
AAC holdings Inc. Term Loan 1st Lien F/R 06-28-2023 1,310,000 1,652 0.1%
AbbVie Inc. 64,200 6,036 0.3%
Admiral Group PLC 151,300 5,116 0.3%
Advanced Micro Devices Inc. 7.50% 08-15-2022 3,700,000 5,345 0.3%
Aena SA 16,000 4,046 0.2%
Agrium Inc. 46,100 5,418 0.3%
Air Liquide SA 48,805 7,816 0.4%
Albertsons LLC Term Loan B4 1st Lien F/R 08-25-2021 145,398 187 0.0%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 960,000 1,009 0.1%
Alimentation Couche-Tard Inc. Class B Sub. voting 176,400 10,965 0.6%
Allergan PLC 26,900 8,478 0.5%
Allied Properties Real Estate Investment Trust 121,514 4,729 0.3%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 1,120,000 1,100 0.1%
Allied Properties REIT 3.748% 05-13-2020 Series A 520,000 536 0.0%
Allied Properties REIT 3.93% 11-14-2022 Series B 391,000 402 0.0%
Alphabet Inc. Class A 3,500 4,219 0.2%
Alpine Finance Merger Sub LLC 6.875% 08-01-2025 Series 144A 1,310,000 1,736 0.1%
AltaGas Ltd. Pfd. Series K 118,560 3,047 0.2%
Altalink LP 3.72% 12-03-2046 Callable Series MTN 427,000 446 0.0%
Altria Group Inc. 62,206 6,006 0.3%
Amaya Holdings Term Loan B 1st Lien F/R 08-01-2021 181,683 236 0.0%
Amazon.com Inc. 3,100 3,891 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 04-30-2023 560,000 730 0.0%
American Teleconferencing Services Ltd. Term Loan 1st Lien F/R 12-08-2021 1,380,000 1,821 0.1%
AMS FinCo SARL Term Loan 1st Lien F/R 05-17-2024 800,000 1,033 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,210,000 1,199 0.1%
Anheuser-Busch InBev NV 21,700 3,106 0.2%
Antero Resources Corp. 5.00% 03-01-2025 Callable 2020 144A 1,630,000 2,060 0.1%
Apple Inc. 36,200 6,760 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 4,720,000 3,224 0.2%
ARC Resources Ltd. 443,012 7,513 0.4%
Ascend Learning LLC Bridge Loan 10-18-2017 1L Sr. Secd 3,140,000 0.0%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 4,880,000 5,997 0.3%
ASP AMC Merger Sub Inc. Term Loan 1st Lien F/R 04-13-2024 1,494,829 1,921 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 825,850 1,079 0.1%
Atlantia SPA 177,600 6,477 0.4%
Atlantic Power Corp. 5.95% 06-23-2036 3,825,000 3,089 0.2%
Atlas Copco AB A 108,000 5,365 0.3%
Aviva PLC 4.50% 05-10-2021 1,210,000 1,286 0.1%
Bank of America Corp. F/R 03-15-2023 Callable 2022 1,980,000 1,979 0.1%
Bank of Montreal 1.61% 10-28-2021 DPNT 4,830,000 4,743 0.3%
Bank of Montreal 1.88% 03-31-2021 DPNT 1,550,000 1,546 0.1%
Bank of Montreal 3.32% 06-01-2026 1,480,000 1,526 0.1%
Bank of Montreal F/R 06-01-2027 Callable 2022 1,900,000 1,887 0.1%
Bank of Nova Scotia 1.83% 04-27-2022 2,480,000 2,442 0.1%
Barrick Gold Corp. 109,369 2,256 0.1%
Bayer AG 41,500 6,953 0.4%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 710,000 723 0.0%
Becton, Dickinson and Co. 32,253 8,159 0.5%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 4,780,000 5,559 0.3%
BM&FBOVESPA SA 511,231 3,952 0.2%
BMC Software Finance Inc. Term Loan 1st Lien F/R 09-10-2022 158,451 206 0.0%
BMW Canada Inc. 1.88% 12-11-2020 Series Q 770,000 768 0.0%
Bright Bidco BV Term Loan 1st Lien F/R 03-17-2024 1,390,000 1,830 0.1%
British American Tobacco PLC 99,000 8,747 0.5%
Broadcom Ltd. 30,900 9,337 0.5%
Brookfield Asset Management Inc. Class A limited voting 327,085 16,645 0.9%
Brookfield Asset Management Inc. Pfd. Series 46 94,376 2,467 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,890,000 1,909 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 260,000 269 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 132,360 3,338 0.2%
Bruce Power LP 2.84% 06-23-2021 2,790,000 2,843 0.2%
Bruce Power LP 3.97% 06-23-2026 820,000 868 0.0%
Bureau Veritas SA 127,700 3,662 0.2%
BWAY Holding Co. 7.25% 04-15-2025 144A 3,160,000 4,165 0.2%
Caisse Centrale Desjardins 2.09% 01-17-2022 1,960,000 1,958 0.1%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 1,320,000 1,086 0.1%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 550,000 675 0.0%
Calpine Corp. 5.75% 01-15-2025 Callable 2019 800,000 978 0.1%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 2,689,709 3,512 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 1,600,000 2,240 0.1%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 06-29-2024 2,400,000 3,011 0.2%
Canada Housing Trust 2.35% 06-15-2027 370,000 374 0.0%
Canada Housing Trust No. 1 2.35% 06-15-2027 1,600,000 1,618 0.1%
Canadian Imperial Bank of Commerce 161,567 17,028 0.9%
Canadian Imperial Bank of Commerce 1.66% 01-20-2020 DPNT 1,980,000 1,976 0.1%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 650,000 649 0.0%
Canadian National Railway Co. 23,600 2,483 0.1%
Canadian Natural Resources Ltd. 349,657 13,084 0.7%
Canadian Pacific Railway Ltd. 79,900 16,671 0.9%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 740,000 733 0.0%
Canadian Tire Corp. Ltd. Class A non-voting 48,048 7,090 0.4%
Canadian Utilities Ltd. Class A non-voting 75,488 3,146 0.2%
Canadian Western Bank 2.74% 06-16-2022 Series DPNT 460,000 457 0.0%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 3,409,275 4,426 0.2%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 02-21-2024 1,276,800 1,657 0.1%
CenturyLink Inc. Bridge Loan 01-31-2018 1L Sr. Secured 19,520,000 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 1,830,000 2,350 0.1%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 710,000 707 0.0%
Chemtrade Logistics Income Fund 314,663 5,724 0.3%
Chemtrade Logistics Income Fund 4.75% 05-31-2024 Conv. Callable 2022 1,690,000 1,701 0.1%
China Mobile Ltd. 307,100 4,226 0.2%
CHIP Mortgage Trust 2.98% 11-15-2021 880,000 869 0.0%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 166,453 216 0.0%
Cielo SA 275,435 2,652 0.1%
Cision AB Term Loan B 1st Lien F/R 06-16-2023 1,593,901 2,082 0.1%
CME Group Inc. 39,600 6,430 0.4%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 144A 1,650,000 2,087 0.1%
Cogeco Communications Inc. 34,200 2,709 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 9,464,416 10,378 0.6%
Commercial Vehicle Group Inc. Term Loan B 1st Lien F/R 03-29-2023 1,700,000 2,221 0.1%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 1,183,473 1,536 0.1%
Compagnie Financiere Richemont SA 50,200 5,359 0.3%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 2,440,000 2,938 0.2%
Constellium NV 6.63% 03-01-2025 Callable 2020 144A 3,350,000 4,159 0.2%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-02-2024 970,000 1,250 0.1%
Corus Entertainment Inc. Class B non-voting 108,943 1,485 0.1%
Crescent Point Energy Corp. 704,044 6,984 0.4%
Crew Energy Inc. 6.50% 03-14-2024 Callable 3,020,000 2,940 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 2,650,000 3,001 0.2%
CSM NV Term Loan B F/R 07-03-2020 2,060,000 2,537 0.1%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 1,776,176 2,342 0.1%
CSRA Inc. Term Loan B 1st Lien F/R 11-30-2023 114,674 149 0.0%
CTR Partnership LP 5.25% 06-01-2025 Callable 2020 1,950,000 2,601 0.1%
Currency Call Option USD/CAD 09-22-2017 Strike 1.35 36,889,300 116 0.0%
Currency Call Option USD/CAD 09-25-2017 Strike 1.35 18,258,000 59 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 813,000 1,106 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 930,000 929 0.1%
Dayco Products LLC Term Loan B 1st Lien F/R 05-04-2023 2,380,000 3,082 0.2%
Dell International LLC Term Loan 1st Lien F/R 09-07-2023 2,696,467 3,516 0.2%
Deutsche Boerse AG 81,400 11,135 0.6%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-22-2023 1,760,000 2,295 0.1%
Diageo PLC 67,900 2,600 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 12-21-2022 1,803,656 2,150 0.1%
Dynegy Inc. 7.38% 11-01-2022 Callable 2018 2,210,000 2,846 0.2%
Eldorado Resorts Inc. Term Loan B 1st Lien F/R 03-16-2024 1,110,000 1,431 0.1%
Element Fleet Management Corp. 475,900 4,236 0.2%
Enbridge Inc. 94,900 4,903 0.3%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 630,000 615 0.0%
Enbridge Inc. 4.57% 03-11-2044 880,000 901 0.0%
Endo International plc Term Loan B 1st Lien F/R 04-12-2024 570,000 746 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 980,000 989 0.1%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 970,000 993 0.1%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 3,850,000 4,933 0.3%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,000,000 1,046 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 6,500,000 9,121 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 22,900,000 25,527 1.4%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 2,041,566 2,521 0.1%
Fanuc Corp. 18,800 4,692 0.3%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 2,410,000 3,070 0.2%
Fortified Trust 1.67% 07-23-2021 1,240,000 1,224 0.1%
Fortis Inc. 255,876 11,663 0.6%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 710,000 720 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 2,732,255 2,373 0.1%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 8,791,000 10,197 0.6%
Frontier Communications Corp. 8.75% 04-15-2022 2,180,000 2,555 0.1%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-01-2024 2,810,000 3,593 0.2%
Futures Contracts 802 0.0%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 5,958,000 7,881 0.4%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-03-2024 3,610,000 3,605 0.2%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 4,390,000 5,945 0.3%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-14-2023 3,960,000 5,186 0.3%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 1,030,000 1,272 0.1%
General Electric Co. 247,400 8,664 0.5%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 860,000 846 0.0%
Genworth MI Canada Inc. 124,266 4,434 0.2%
Gibson Energy Inc. 326,081 5,465 0.3%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 968,000 1,007 0.1%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 5,150,000 5,141 0.3%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 3,239,625 3,728 0.2%
Goldcorp Inc. 512,382 8,567 0.5%
Government of Canada 1.00% 06-01-2027 54,300,000 50,608 2.8%
Government of Canada 1.50% 06-01-2023 990,000 991 0.1%
Government of Canada 2.75% 12-01-2048 2,410,000 2,751 0.2%
Government of Canada 3.50% 06-01-2020 3,995,000 4,258 0.2%
Government of Canada 3.50% 12-01-2045 720,000 925 0.1%
Government of Portugal 5.125% 10-15-2024 4,890,000 6,479 0.4%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 970,000 981 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 1,680,000 1,746 0.1%
Great-West Lifeco Inc.* 101,000 3,550 0.2%
H&R Real Estate Investment Trust 164,412 3,620 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,910,000 1,893 0.1%
Hang Lung Properties Ltd. 1,767,200 5,723 0.3%
Harley-Davidson Inc. 43,700 3,061 0.2%
HD Supply Waterworks Bridge Loan 12-22-2017 10,020,000 0.0%
Heathrow Funding Ltd. 3.25% 05-21-2025 3,690,000 3,812 0.2%
Heineken Holding NV A 53,200 6,319 0.3%
Hennessy Capital Acquisition Corp. II Term Loan 1st Lien F/R 02-03-2024 2,384,467 3,116 0.2%
Hennessy Capital Acquisition Corp. II Term Loan Delayed Draw 1st Lien F/R 02-03-2024 499,557 653 0.0%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 2,359,500 3,069 0.2%
Honda Canada Finance Inc. 2.27% 07-15-2022 760,000 761 0.0%
Honeywell International Inc. 29,300 5,064 0.3%
HSBC Holdings PLC 641,200 7,704 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 1,410,000 1,434 0.1%
Hydro One Inc. 3.72% 11-18-2047 860,000 904 0.1%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-22-2023 2,290,000 2,997 0.2%
Industrial Alliance Insurance and Financial Services Inc. 37,024 2,083 0.1%
Innocor Inc. Term Loan 1st Lien F/R 02-02-2024 2,290,000 2,954 0.2%
Innocor Inc. Term Loan 2nd Lien F/R 02-02-2025 640,000 805 0.0%
Intact Financial Corp. 70,748 6,930 0.4%
Intact Financial Corp. Subscription Receipts 36,856 3,553 0.2%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 3,406,908 4,395 0.2%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,500,000 1,488 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 370,000 376 0.0%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 02-27-2024 2,160,000 2,794 0.2%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 3,230,000 4,010 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 4,299,162 5,551 0.3%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 09-15-2017 6,560 468 0.0%
Japan Exchange Group Inc. 263,800 6,187 0.3%
Jardine Matheson Holdings Ltd. 39,700 3,305 0.2%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 830,000 1,050 0.1%
John Deere Canada Funding Inc. 1.85% 03-24-2021 480,000 477 0.0%
Johnson & Johnson 47,500 8,147 0.5%
Johnson Controls International PLC 100,100 5,627 0.3%
JPMorgan Chase & Co. 69,600 8,248 0.5%
KAR Auction Services Inc. 71,099 3,869 0.2%
KEMET Corp. Term Loan B 1st Lien F/R 04-21-2024 3,100,000 4,039 0.2%
Keyera Corp. 96,034 3,920 0.2%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-10-2024 830,000 1,072 0.1%
Killam Apartment Real Estate Investment Trust 296,065 3,772 0.2%
Kinder Morgan Canada Ltd. 134,100 2,123 0.1%
Koninklijke Philips NV 154,001 7,088 0.4%
Kweichow Moutai Co. Ltd. 54,962 4,959 0.3%
Labrador Iron Ore Royalty Corp. 121,825 1,915 0.1%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 1,674,250 2,164 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 1,034,875 1,348 0.1%
Lawson Inc. 45,300 4,104 0.2%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 1,510,875 1,856 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 2,680,000 3,590 0.2%
Lionbridge Technologies Inc. Term Loan 1st Lien F/R 02-06-2024 857,850 1,114 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 5,149,522 6,276 0.3%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 4,509,106 4,430 0.2%
Loblaw Companies Ltd. 125,743 9,071 0.5%
Lockheed Martin Corp. 16,900 6,083 0.3%
Mackenzie Global High Yield Fixed Income ETF 6,100,000 122,336 7.3%
Mackenzie Global Tactical Bond Fund Series R 1,144,332 11,310 0.6%
Mackenzie International Dividend Fund Series R 448,000 5,057 0.3%
Magna International Inc. 164,464 9,879 0.5%
Manulife Bank of Canada 2.08% 05-26-2022 1,300,000 1,285 0.1%
Manulife Financial Corp. 849,904 20,661 1.1%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 5,580,000 7,421 0.4%
McDonald's Corp. 37,136 7,374 0.4%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 2,240,000 2,832 0.2%
Mexican Bonos 5.00% 12-11-2019 104,300,000 7,186 0.4%
Microsoft Corp. 124,200 11,100 0.6%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 4,510,000 4,487 0.2%
Monsanto Co. 36,900 5,663 0.3%
Moody's Corp. 42,500 6,705 0.4%
Morgan Stanley 3.00% 02-07-2024 Series MPLE 1,730,000 1,742 0.1%
Motorola Solutions Inc. 53,400 6,005 0.3%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 748,827 975 0.1%
NAB Holdings LLC. Term Loan B 1st Lien F/R 06-14-2024 930,000 1,209 0.1%
Nasdaq Inc. 40,300 3,735 0.2%
National Bank of Canada 1.96% 06-30-2022 1,440,000 1,426 0.1%
NAVEX Global Inc. Term Loan B 1st Lien F/R 11-19-2021 1,406,403 1,826 0.1%
Nestlé SA Reg. 87,800 9,902 0.5%
New Arclin US Holding Corp. Term Loan 1st Lien F/R 02-08-2024 510,000 669 0.0%
New Red Finance Inc. 4.25% 05-15-2024 Callable 2020 144A 1,520,000 1,961 0.1%
Nike Inc. Class B 59,125 4,523 0.3%
Nissan Canada Financial Services Inc. 1.58% 10-07-2019 510,000 507 0.0%
Nissan Canada Financial Services Inc. 1.75% 04-09-2020 470,000 468 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,618,719 1,820 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 340,000 334 0.0%
Northern Trust Corp. 40,800 5,142 0.3%
Northland Power Inc. 187,633 4,334 0.2%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 2,730,000 3,486 0.2%
Novo Nordisk AS B 124,700 6,920 0.4%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 6,135,000 8,322 0.5%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 3,960,000 4,595 0.3%
Nykredit Realkredit AS 1.00% 01-01-2021 43,740,000 9,008 0.5%
Oaktree Capital Group LLC 102,410 6,188 0.3%
Occidental Petroleum Corp. 65,200 5,061 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,360,000 1,128 0.1%
OPB Finance Trust 2.98% 01-25-2027 Series F 910,000 933 0.1%
Oracle Corp. 123,900 8,055 0.4%
Orchestra Borrower LLC Term Loan B 1st Lien F/R 12-02-2021 800,000 1,045 0.1%
Outfront Media Inc. 121,947 3,656 0.2%
Owens & Minor Inc. 119,439 4,985 0.3%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 2,087,400 2,713 0.2%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 1,755,000 1,806 0.1%
PBF Holding Co. 7.00% 11-15-2023 2,146,000 2,774 0.2%
Pembina Pipeline Corp. 137,527 5,907 0.3%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 576,000 575 0.0%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,770,000 1,809 0.1%
PepsiCo Inc. 2.15% 05-06-2024 Callable 2024 670,000 661 0.0%
Pernod Ricard SA 14,400 2,499 0.1%
Petco Animal Supplies Inc. Term Loan B1 1st Lien F/R 01-26-2023 181,700 214 0.0%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 2,640,000 3,307 0.2%
PetSmart Inc. 7.13% 03-15-2023 Callable 2018 144A 2,060,000 2,386 0.1%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 490,000 587 0.0%
Philip Morris International Inc. 62,700 9,548 0.5%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 1,179,156 1,549 0.1%
Potash Corp. of Saskatchewan Inc. 222,095 4,697 0.3%
Power Products LLC Term Loan 1st Lien F/R 01-31-2023 1,655,850 2,160 0.1%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 2,543,090 3,277 0.2%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-30-2022 1,674,881 2,197 0.1%
Province of Alberta 3.30% 12-01-2046 2,010,000 2,097 0.1%
Province Of Manitoba 3.40% 09-05-2048 2,630,000 2,805 0.2%
Province of Ontario 2.40% 06-02-2026 320,000 320 0.0%
Province of Ontario 2.60% 06-02-2027 1,890,000 1,913 0.1%
Province of Ontario 2.80% 06-02-2048 2,480,000 2,413 0.1%
Province of Ontario 2.90% 12-02-2046 5,610,000 5,544 0.3%
Province Of Quebec 2.75% 09-01-2027 2,070,000 2,125 0.1%
Pure Multi-Family REIT LP 248,100 2,158 0.1%
Q Holding Co. Term Loan B 1st Lien F/R 12-18-2021 1,945,038 2,534 0.1%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 3,045,000 4,071 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 2,250,000 2,974 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 1,728,000 1,881 0.1%
Quinpario Acquisition Corp. BL 07-24-2017 Secured & Unsecured Bridge Loan 7,700,000 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 3,900,000 5,393 0.3%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 8,580,000 0.0%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 2,197,125 2,865 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 3,094,759 3,982 0.2%
REP WWEX Acquisition Parent LLC Term Loan 1st Lien F/R 02-02-2024 2,290,000 2,988 0.2%
Resolute Forest Products Inc. 5.875% 05-15-2023 5,386,000 6,786 0.4%
RioCan Real Estate Investment Trust 169,696 4,085 0.2%
Rite Aid Corp. 6.75% 06-15-2021 Callable 2,600,000 3,477 0.2%
Rite Aid Corp. 7.70% 02-15-2027 1,240,000 1,623 0.1%
Riverbed Technology Inc. Term Loan B 1st Lien F/R 04-24-2022 182,222 233 0.0%
Roche Holding AG Genusscheine 22,400 7,392 0.4%
Rogers Communications Inc. Class B non-voting 198,807 12,177 0.7%
Royal Bank of Canada 319,757 30,108 1.7%
Royal Bank of Canada 2.00% 03-21-2022 4,620,000 4,590 0.3%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 520,000 520 0.0%
Royal Bank of Canada 3.31% 01-20-2026 2,310,000 2,378 0.1%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 950,000 1,323 0.1%
Sabre Corp. 255,457 7,210 0.4%
Safran SA 75,200 8,931 0.5%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 1,960,150 2,560 0.1%
Sands China Ltd. 1,065,173 6,324 0.4%
SAP AG 48,400 6,551 0.4%
Saputo Inc. 1.94% 06-13-2022 Callable 2022 660,000 649 0.0%
Schindler Holding AG PC 23,800 6,526 0.4%
Schlumberger Ltd. 56,200 4,797 0.3%
Scientific Games International Inc. 10.00% 12-01-2022 Callable 2018 1,080,000 1,537 0.1%
Scientific Games International Inc. Term Loan B3 1st Lien F/R 10-01-2021 143,378 188 0.0%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 Series A 698,895 680 0.0%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 11-01-2022 1,184,013 1,562 0.1%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 06-20-2024 1,070,000 1,385 0.1%
Shaw Communications Inc. Class B non-voting 246,447 6,972 0.4%
SNC-Lavalin Group Inc. 183,835 10,308 0.6%
SNC-Lavalin Group Inc. Subscription Receipts 37,408 2,105 0.1%
Solenis International LP Term Loan 2nd Lien F/R 07-31-2022 1,820,000 2,359 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 2,693,000 2,982 0.2%
Source Energy Services Ltd. Private Placement 25,146 190 0.0%
SourceHOV LLC Term Loan B 1st Lien F/R 10-29-2019 1,884,014 2,432 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 2,001,741 2,310 0.1%
Sun Life Financial Inc. 75,021 3,478 0.2%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,140,000 1,161 0.1%
Suncor Energy Inc. 155,407 5,888 0.3%
Superior Industries International Inc. Term Loan 1st Lien F/R 03-22-2024 1,780,000 2,302 0.1%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 2,450,000 2,517 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 3,860,000 4,318 0.2%
Team Health Holdings Inc. 6.38% 02-01-2025 Callable 2020 144A 1,450,000 1,827 0.1%
Teck Resources Ltd. Class B 232,600 5,229 0.3%
TELUS Corp. 57,800 2,588 0.1%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 3,675,000 4,955 0.3%
Tempo Acquisition LLC Term Loan B 1st Lien F/R 04-21-2024 780,000 1,015 0.1%
Tencent Holdings Ltd. 96,900 4,493 0.2%
Tenet Healthcare Corp. 4.63% 07-15-2024 Callable 2020 144A 638,000 822 0.0%
Tenet Healthcare Corp. 6.75% 06-15-2023 4,230,000 5,486 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 930,000 977 0.1%
THC Escrow Corp. III 4.63% 07-15-2024 Callable 2020 144A 802,000 1,044 0.1%
The Bank of Nova Scotia 376,754 29,391 1.6%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,860,000 1,845 0.1%
The Goldman Sachs Group Inc. 2.433% 04-26-2023 Callable 1,700,000 1,682 0.1%
The Hertz Corp. 5.50% 10-15-2024 Callable 2019 144A 1,750,000 1,867 0.1%
The Kraft Heinz Co. 45,900 5,097 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 1,880,000 2,144 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 291,370 286 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 1,570,000 1,120 0.1%
The Sherwin-Williams Co. 11,600 5,278 0.3%
The Toronto-Dominion Bank 533,951 34,894 1.9%
The Toronto-Dominion Bank 1.68% 06-08-2021 Covered 2,850,000 2,824 0.2%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 3,330,000 3,261 0.2%
The Weir Group PLC 120,700 3,527 0.2%
Tong Ren Tang Technologies Co. Ltd. 1,154,500 2,312 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 3,183,072 3,977 0.2%
TransAlta Corp. 5.00% 11-25-2020 2,560,000 2,665 0.1%
TransAlta Corp. Pfd. Series A 127,425 1,752 0.1%
TransCanada Corp. 367,436 22,715 1.3%
TransCanada Corp. Pfd. Series 15 230,492 6,041 0.3%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,380,000 1,388 0.1%
Trevali Mining Corp. 12.50% 05-30-2019 6,902,000 7,868 0.4%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 850,326 763 0.0%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 57,893 76 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 788,932 1,034 0.1%
TricorBraun Inc. (KRAIND) Term Loan Delayed Draw 1st Lien F/R 11-28-2023 79,091 104 0.0%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 301,068 380 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 3,553,821 4,613 0.3%
Unilever NV CVA 77,900 5,571 0.3%
United Parcel Service Inc. (UPS) Class B 31,500 4,517 0.2%
United Parcel Service Inc. 2.13% 05-21-2024 Callable 2024 960,000 946 0.1%
United States Treasury 1.50% 08-15-2026 8,500,000 10,312 0.6%
United States Treasury 3.00% 05-15-2047 8,030,000 10,750 0.6%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 3,937,627 5,144 0.3%
Valeant Pharmaceuticals International Inc. 105,750 2,384 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 4,374,000 5,140 0.3%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 1,613,700 2,094 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 1,160,000 1,146 0.1%
Veresen Inc. 519,343 9,525 0.5%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 5,490,000 6,575 0.4%
Vermilion Energy Inc. 5.63% 03-15-2025 Callable 2020 144A 6,290,000 8,127 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 11,490,000 12,448 0.7%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 1,100,000 1,182 0.1%
Virtu Financial Bridge Loan 01-31-2018 2l Gtd Sr. Secd 6,570,000 0.0%
Visa Inc. Class A 48,200 5,861 0.3%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 1,760,000 1,818 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 1,790,000 2,229 0.1%
Wells Fargo & Co. 152,700 10,970 0.6%
Wells Fargo & Co. 2.51% 10-27-2023 1,950,000 1,928 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 3,790,000 3,743 0.2%
Werner FinCo LP 8.75% 07-15-2025 Callable 2020 144A 1,780,000 2,335 0.1%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 1,620,000 2,095 0.1%
Werner Worldwide Holding Co. Bridge Loan 09-17-2017 5,040,000 0.0%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 38,220 1,008 0.1%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-23-2023 1,320,000 1,707 0.1%
WestJet Airlines Ltd. 177,989 4,120 0.2%
Windstream Services LLC Term Loan B6 1st Lien F/R 03-16-2021 567,143 734 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-08-2023 1,109,733 1,454 0.1%
Total Investments -- 1,763,576 97.6%
Cash & Equivalents -- 43,504 2.4%
Currency Hedge Contracts -- 9,709 0.5%
Other Assets (Liabilities) -- -9,909 -0.5%
Total Net Assets -- 1,806,880 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2017
  • Regional Allocation
      Canada
    EQ : 25.6% | FI : 25.2%
    50.8%
      United States
    EQ : 13.4% | FI : 18.6%
    32.0%
      Other
    EQ : 8.1% | FI : 2.0%
    10.1%
      United Kingdom
    EQ : 1.8%
    1.8%
      Germany
    EQ : 1.6%
    1.6%
      Denmark
    FI : 0.5%
    0.5%
      France
    FI : 0.4%
    0.4%
      Cash & Equivalents 2.8%
  • Sector Allocation
      Fixed Income 46.8%
      Financials 14.5%
      Industrials 7%
      Energy 6.3%
      Consumer Staples 4.6%
      Information Technology 4.1%
      Health Care 3.4%
      Consumer Discretionary 3.2%
      Materials 3%
      Cash & Equivalents 2.8%
      Other 2.7%
      Real Estate 1.6%
Credit Allocation (%)
AAA 5.4%
AA 2.8%
A 2.7%
BBB 5.9%
BB 6.8%
B 15.4%
C 4.3%
NR 2.8%
Cash & Equivalents 3.3%
Equities 50.6%

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).