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 January 31, 2018
Major holdings represent 19.9% of the fund.
View all holdings
Total # of
Equity Holdings
127
Total # of
Fixed Income Holdings
325
Holding name, country and sector Percentage of holding in fund
Mackenzie Global High Yield Fixed Income ETF
Canada | Index Participation Units
6.6%
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
2.3%
Toronto-Dominion Bank/The
Canada | Diversified Banks
2.1%
Royal Bank of Canada
Canada | Diversified Banks
1.7%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.7%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.3%
Manulife Financial Corp
Canada | Life & Health Insurance
1.3%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.2%
United States Treasury 0.89% 02-15-2047
United States | Foreign Governments
1.0%
Government of Canada 2.00% 06-01-2028
Canada | Federal Government
0.7%

Complete Fund Holdings Help Full holdings list

As of November 30, 2017
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
AAC holdings Inc. Term Loan 1st Lien F/R 06-30-2023 1,681,813 2,181 0.1%
AbbVie Inc. 49,400 6,177 0.3%
Admiral Group PLC 151,300 5,076 0.3%
Advanced Micro Devices Inc. 7.50% 08-15-2022 3,700,000 5,366 0.3%
Aena SA 25,500 6,543 0.3%
Agrium Inc. 44,900 6,365 0.3%
AIMCo Realty Investors LP 3.04% 06-01-2028 Callable 2028 510,000 514 0.0%
Air Liquide SA 53,685 8,666 0.5%
Air Medical Group Holdings Inc. Term Loan B 1st Lien F/R 09-26-2024 980,000 1,272 0.1%
Algonquin Power & Utilities Corp. 4.09% 02-17-2027 Callable 960,000 999 0.1%
Alibaba Group Holding Ltd. 3.40% 12-06-2027 Callable 2027 460,000 590 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 208,600 13,724 0.7%
Allergan PLC 37,400 8,388 0.4%
Alliance HealthCare Services Inc. Term Loan 1st Lien F/R 10-24-2023 860,000 1,117 0.1%
Allied Properties Real Estate Investment Trust 121,514 5,040 0.3%
Allied Properties Real Estate Investment Trust 3.64% 04-21-2025 Callable 2025 1,120,000 1,101 0.1%
Allied Properties Real Estate Investment Trust 3.75% 03-13-2020 520,000 533 0.0%
Allied Properties Real Estate Investment Trust 3.93% 11-14-2022 391,000 401 0.0%
Alphabet Inc. Class A 3,200 4,278 0.2%
AltaGas Ltd. 3.98% 10-04-2027 Callable 2027 510,000 524 0.0%
AltaGas Ltd. Pfd. Series K 118,560 3,077 0.2%
AltaLink LP 3.72% 12-03-2046 Callable MTN 427,000 447 0.0%
Altria Group Inc. 70,106 6,135 0.3%
Amazon.com Inc. 3,300 5,010 0.3%
AMC Entertainment Holdings Inc. 5.88% 11-15-2026 Callable 1,840,000 2,327 0.1%
American Teleconferencing Services Ltd. Term Loan 1st Lien F/R 12-08-2021 1,343,588 1,766 0.1%
AMS FinCo SARL Term Loan 1st Lien F/R 05-27-2024 798,000 1,037 0.1%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 1,880,000 1,862 0.1%
Anheuser-Busch InBev NV 21,700 3,221 0.2%
Antero Resources Corp. 5.00% 03-01-2025 1,630,000 2,145 0.1%
Apple Inc. 31,400 6,962 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 4,720,000 2,284 0.1%
ARC Resources Ltd. 592,412 9,366 0.5%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 144A 7,260,000 8,452 0.4%
ASP AMC Merger Sub Inc. 8.00% 05-15-2025 Callable 2020 144A 4,880,000 6,173 0.3%
ASP AMC Merger Sub Inc. Term Loan 1st Lien F/R 04-22-2024 1,104,829 1,424 0.1%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-16-2023 821,700 1,064 0.1%
Atlantia SPA 177,600 7,609 0.4%
Atlantic Power Corp. 5.95% 06-23-2036 3,825,000 3,182 0.2%
Atlas Copco AB A 104,900 5,806 0.3%
Aviva PLC 4.50% 05-10-2021 1,210,000 1,280 0.1%
B3 SA- Brasil Bolsa Balcao 511,231 4,685 0.2%
Bank of America Corp. F/R 03-15-2023 Callable 2022 1,980,000 1,978 0.1%
Bank of America Corp. F/R 09-20-2025 Callable 2024 2,200,000 2,257 0.1%
Bank of Montreal 2.27% 07-11-2022 2,120,000 2,117 0.1%
Bank of Montreal 2.70% 09-11-2024 DPNT 3,250,000 3,286 0.2%
Bank of Montreal 3.32% 06-01-2026 2,310,000 2,364 0.1%
Bank of Montreal F/R 06-01-2027 Callable 2022 1,710,000 1,694 0.1%
Bayer AG 47,400 7,797 0.4%
bcIMC Realty Corp. 3.00% 03-31-2027 Callable 2026 710,000 719 0.0%
Becton, Dickinson and Co. 32,253 9,497 0.5%
Bell Canada 2.70% 02-27-2024 Callable 4,540,000 4,511 0.2%
Bell Canada 3.60% 09-29-2027 Callable MTN 1,960,000 2,004 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 144A 3,780,000 4,701 0.2%
Big Ass Fans LLC Term Loan 1st Lien F/R 05-07-2024 1,050,000 1,364 0.1%
Brenntag AG 57,400 4,608 0.2%
Bright Bidco BV Term Loan 1st Lien F/R 06-30-2024 1,386,525 1,811 0.1%
British American Tobacco PLC 102,000 8,344 0.4%
Broadcom Ltd. 29,200 10,471 0.6%
Brookfield Asset Management Inc. Class A limited voting 314,216 16,848 0.9%
Brookfield Asset Management Inc. Pfd. Series 46 94,376 2,468 0.1%
Brookfield Asset Management Inc. Pfd. Series 48 46,520 1,203 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,890,000 1,903 0.1%
Brookfield Renewable Energy Partners ULC 3.752% 06-02-2025 Callable 2025 260,000 268 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 132,360 3,349 0.2%
Bruce Power LP 2.84% 06-23-2021 2,790,000 2,828 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 1,050,000 1,059 0.1%
California Resources Corp. 8.00% 12-15-2022 Callable 2018 144A 2,110,000 2,016 0.1%
Calpine Corp. 5.50% 02-01-2024 Callable 2019 1,620,000 2,024 0.1%
Calpine Corp. 6.00% 01-15-2022 Callable 2017 144A 1,100,000 1,467 0.1%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 2,682,968 3,475 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 1,600,000 2,216 0.1%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 2,394,000 3,137 0.2%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 2,050,000 2,618 0.1%
Canada Housing Trust No. 1 2.35% 06-15-2027 1,970,000 1,982 0.1%
Canadian Imperial Bank of Commerce 165,422 19,543 1.0%
Canadian Imperial Bank of Commerce 2.30% 07-11-2022 DPNT 2,410,000 2,410 0.1%
Canadian Natural Resources Ltd. 349,657 15,301 0.8%
Canadian Pacific Railway Ltd. 85,800 19,374 1.0%
Canadian Real Estate Investment Trust 2.95% 01-18-2023 Callable 2022 740,000 729 0.0%
Canadian Tire Corp. Ltd. Class A non-voting 28,256 4,607 0.2%
Canadian Western Bank 2.74% 06-16-2022 DPNT 460,000 460 0.0%
Capital Power Corp. 4.28% 09-18-2024 Callable 2024 1,580,000 1,617 0.1%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 3,400,600 4,431 0.2%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 2,330,000 2,935 0.2%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-29-2024 1,273,600 1,648 0.1%
Centennial Resource Production LLC 5.38% 01-15-2026 Callable 2021 144A 880,000 1,154 0.1%
Central 1 Credit Union 2.60% 11-07-2022 620,000 621 0.0%
CenturyLink Inc. Term Loan B 1st Lien F/R 01-31-2025 1,830,000 2,271 0.1%
Chartwell Retirement Residences 3.79% 12-11-2023 Callable 2023 1,000,000 1,007 0.1%
Chassix Inc. Term Loan B 1st Lien F/R 11-10-2023 2,580,000 3,295 0.2%
Chemtrade Logistics Income Fund 383,163 7,395 0.4%
Chemtrade Logistics Income Fund 4.75% 05-31-2024 Conv. Callable 2022 1,690,000 1,705 0.1%
China Mobile Ltd. 326,300 4,272 0.2%
CHIP Mortgage Trust 2.98% 11-15-2021 880,000 871 0.0%
Cielo SA 275,435 2,487 0.1%
Cisco Systems Inc. 92,100 4,432 0.2%
CME Group Inc. 37,900 7,312 0.4%
Coeur Mining Inc. 5.88% 06-01-2024 Callable 2020 1,650,000 2,124 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 9,186,431 9,901 0.5%
Commercial Vehicle Group Inc. Term Loan B 1st Lien F/R 03-30-2023 1,689,375 2,196 0.1%
Commonwealth of Bahamas 6.00% 11-21-2028 Callable 2028 6,220,000 8,242 0.4%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 1,180,500 1,470 0.1%
Compagnie Financiere Richemont SA 50,200 5,573 0.3%
Conn's Inc. 7.25% 07-15-2022 Callable 2,890,000 3,738 0.2%
Constellium NV 4.25% 02-15-2026 Callable 2020 510,000 793 0.0%
Constellium NV 5.88% 02-15-2026 Callable 2020 144A 1,300,000 1,738 0.1%
Constellium NV 6.63% 03-01-2025 Callable 2020 144A 280,000 384 0.0%
ConvergeOne Holdings Corp. Term Loan B 1st Lien F/R 06-20-2024 1,456,350 1,884 0.1%
Crescent Point Energy Corp. 858,944 8,083 0.4%
Crew Energy Inc. 6.50% 03-14-2024 Callable 3,020,000 2,942 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 07-05-2021 2,650,000 3,261 0.2%
CSM NV Term Loan B F/R 07-03-2020 1,116,475 1,418 0.1%
CSP Technologies North America LLC Term Loan B 1st Lien F/R 01-29-2022 1,771,601 2,316 0.1%
CU Inc. 3.964% 07-27-2045 Callable 100,000 109 0.0%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 813,000 1,112 0.1%
Daseke Inc. Term Loan 1st Lien F/R 02-03-2024 2,877,303 3,746 0.2%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 750,000 969 0.1%
DaVita Healthcare Partners Inc. 5.00% 05-01-2025 Callable 2020 2,230,000 2,885 0.2%
Deutsche Boerse AG 73,700 10,776 0.6%
DHX Media Ltd. 5.88% 09-30-2024 Conv. 320,000 302 0.0%
DHX Media Ltd. Term Loan B 1st Lien F/R 12-29-2023 1,025,600 1,330 0.1%
Diageo PLC 75,700 3,392 0.2%
Diamond (BC) BV Term Loan 1st Lien F/R 09-06-2024 1,320,000 1,705 0.1%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 1,270,000 1,662 0.1%
Digicert Holdings Inc. Term Loan 2nd Lien F/R 10-31-2025 430,000 559 0.0%
DISH DBS Corp. 5.875% 11-15-2024 2,020,000 2,630 0.1%
Drive DeVilbiss Healthcare Ltd. Term Loan 1st Lien F/R 01-03-2023 2,170,969 2,551 0.1%
Eagle Credit Card Trust 2.63% 10-17-2022 340,000 344 0.0%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 3,480,000 4,524 0.2%
Elo Touch Solutions Inc. Term Loan B 1st Lien F/R 10-25-2023 2,110,000 2,709 0.1%
Emera Inc. 94,500 4,589 0.2%
Enbridge Gas Distribution Inc. 3.51% 11-29-2047 Callable 2047 970,000 975 0.1%
Enbridge Inc. 356,475 17,343 0.9%
Enbridge Inc. 3.20% 06-08-2027 Callable 2027 630,000 612 0.0%
Enbridge Inc. 4.57% 03-11-2044 880,000 888 0.0%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 7,700,000 7,808 0.4%
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 970,000 999 0.1%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 650,000 658 0.0%
Equifax Inc. 35,900 5,286 0.3%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 3,850,000 4,676 0.2%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,000,000 1,053 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 6,500,000 8,998 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 22,900,000 25,473 1.3%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 900,000 1,443 0.1%
Fairmount Santrol Term Loan B 1st Lien F/R 11-01-2022 2,615,926 3,385 0.2%
Fanuc Corp. 18,100 5,795 0.3%
Federation des Caisses Desjardins du Quebec 2.09% 01-17-2022 2,190,000 2,176 0.1%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 2,410,000 3,292 0.2%
Fortified Trust 1.67% 07-23-2021 1,240,000 1,219 0.1%
Fortified Trust 2.16% 10-23-2020 1,810,000 1,816 0.1%
Fortis Inc. 258,157 12,262 0.6%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 12-18-2020 1,827,508 1,450 0.1%
Frontier Communications Corp. 6.25% 09-15-2021 Callable 2021 2,491,000 2,386 0.1%
Frontier Communications Corp. 9.25% 07-01-2021 8,480,000 8,817 0.5%
Frontier Communications Corp. Term Loan B 1st Lien F/R 06-15-2024 2,034,900 2,502 0.1%
Futures Contracts 565 0.0%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 3,320,000 4,285 0.2%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 5,958,000 7,889 0.4%
Garda World Security Corp. Term Loan B 1st Lien F/R 05-24-2024 3,591,950 3,601 0.2%
Gateway Casinos & Entertainment Ltd. 8.25% 03-01-2024 Callable 2020 144A 4,110,000 5,745 0.3%
Gateway Casinos & Entertainment Ltd. Term Loan B1 1st Lien F/R 02-22-2023 3,950,100 5,165 0.3%
Gavilan Resources LLC Term Loan 2nd Lien F/R 02-23-2024 1,030,000 1,309 0.1%
General Electric Co. 351,800 8,302 0.4%
General Mills Inc. 70,400 5,137 0.3%
General Motors Financial of Canada Ltd. 2.60% 06-01-2022 860,000 850 0.0%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 1,370,000 1,439 0.1%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 7,640,000 7,697 0.4%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 3,880,000 3,916 0.2%
Goldcorp Inc. 331,597 5,408 0.3%
Government of Canada 1.00% 06-01-2027 39,420,000 36,398 1.9%
Government of Canada 1.00% 09-01-2022 1,860,000 1,807 0.1%
Government of Canada 1.50% 06-01-2023 160,000 159 0.0%
Government of Portugal 5.125% 10-15-2024 3,500,000 4,824 0.3%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 420,000 426 0.0%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 144A 1,680,000 1,744 0.1%
Great-West Lifeco Inc.* 101,000 3,546 0.2%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 1,360,000 1,767 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 1,410,000 1,831 0.1%
H&R Real Estate Investment Trust 236,762 5,005 0.3%
H&R Real Estate Investment Trust 2.92% 05-06-2022 2,360,000 2,342 0.1%
H&R Real Estate Investment Trust 3.37% 01-30-2024 Callable 2023 1,140,000 1,135 0.1%
Harley-Davidson Inc. 78,600 5,091 0.3%
Heathrow Funding Ltd. 3.25% 05-21-2025 3,690,000 3,779 0.2%
Heineken Holding NV A 46,800 5,817 0.3%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-30-2022 2,329,250 3,013 0.2%
Honeywell International Inc. 26,100 5,252 0.3%
HSBC Bank Canada 2.17% 06-29-2022 380,000 377 0.0%
HSBC Bank Canada 2.54% 01-31-2023 1,040,000 1,043 0.1%
HSBC Holdings PLC 641,200 8,210 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 1,410,000 1,439 0.1%
Hydro One Inc. 3.72% 11-18-2047 760,000 790 0.0%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 2,261,375 2,943 0.2%
Impala Private Holdings II LLC Term Loan 1st Lien F/R 11-10-2024 1,620,000 2,084 0.1%
Industrial Alliance Insurance and Financial Services Inc. 126,535 7,614 0.4%
Innocor Inc. Term Loan 1st Lien F/R 02-05-2024 2,278,550 2,690 0.1%
Innocor Inc. Term Loan 2nd Lien F/R 02-02-2025 640,000 673 0.0%
Intact Financial Corp. 81,043 8,772 0.5%
Integro Ltd. United States Term Loan B1 1st Lien F/R 10-31-2022 3,398,263 4,434 0.2%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 1,500,000 1,478 0.1%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 370,000 373 0.0%
Interior Logic Group Inc. Term Loan B 1st Lien F/R 03-01-2024 2,106,000 2,738 0.1%
iQor US Inc. Term Loan 2nd Lien F/R 04-01-2022 3,230,000 4,016 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 2,807,115 3,608 0.2%
Iron Mountain Canada Operations ULC 5.38% 09-15-2023 Callable 2019 830,000 872 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03-16-2018 944 91 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 03/16/2018 945 121 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $87.00 Exp. 02/16/2018 4,920 615 0.0%
ITRON INC. Bridge Loan 03-17-2018 2,960,000 0.0%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-25-2022 1,500,000 1,960 0.1%
Japan Exchange Group Inc. 263,800 6,233 0.3%
Jardine Matheson Holdings Ltd. 39,700 3,200 0.2%
JBS USA Lux SA Term Loan B 1st Lien F/R 10-30-2022 825,850 1,045 0.1%
Johnson & Johnson 43,700 7,856 0.4%
Johnson Controls International PLC 118,600 5,760 0.3%
JPMorgan Chase & Co. 72,400 9,763 0.5%
Kao Corp. 46,100 3,929 0.2%
KEMET Corp. Term Loan B 1st Lien F/R 04-26-2024 3,061,250 3,994 0.2%
Keyera Corp. 126,179 4,588 0.2%
Keystone Peer Review Organization Holdings Inc. Term Loan 1st Lien F/R 05-01-2024 830,000 1,078 0.1%
Killam Apartment Real Estate Investment Trust 278,259 3,937 0.2%
Kinder Morgan Canada Ltd. 189,071 3,331 0.2%
Kinder Morgan Inc. 350,700 7,796 0.4%
Koninklijke Philips NV 166,001 8,314 0.4%
Kweichow Moutai Co. Ltd. 43,762 5,388 0.3%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 1,651,625 2,137 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 1,034,800 1,348 0.1%
Laurentian Bank of Canada 3.00% 09-12-2022 1,380,000 1,390 0.1%
LBM Borrower LLC Term Loan 1st Lien F/R 08-20-2022 3,927,608 5,118 0.3%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-09-2022 1,501,313 1,821 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 2,680,000 3,570 0.2%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 1,190,000 1,578 0.1%
Lionbridge Technologies Inc. Term Loan 1st Lien F/R 02-28-2024 395,700 511 0.0%
Livingston International Inc. Term Loan 2nd Lien F/R 04-17-2020 5,149,522 6,345 0.3%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 4,497,363 4,250 0.2%
Loblaw Companies Ltd. 134,243 9,119 0.5%
Lockheed Martin Corp. 16,200 6,670 0.4%
Logibec Groupe Informatique Ltd. Term Loan 1st Lien F/R 12-31-2018 1,050,000 998 0.1%
MacDonald, Dettwiler & Associates Ltd. Term Loan B 1st Lien F/R 10-04-2024 1,020,000 1,323 0.1%
Mackenzie Global High Yield Fixed Income ETF 6,262,640 124,908 6.7%
Mackenzie Global Tactical Bond Fund Series R 1,144,332 11,196 0.6%
Mackenzie International Dividend Fund Series R 448,000 5,465 0.3%
Magna International Inc. 139,551 10,099 0.5%
Manulife Bank of Canada 2.08% 05-26-2022 1,300,000 1,281 0.1%
Manulife Financial Corp. 901,629 24,443 1.3%
Manulife Financial Corp. F/R 08-20-2029 Callable 2024 1,390,000 1,396 0.1%
Marine Harvest ASA 211,000 4,785 0.3%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 4,330,000 4,514 0.2%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 144A 3,590,000 4,863 0.3%
McAfee LLC Term Loan B 1st Lien F/R 09-30-2024 4,060,000 5,268 0.3%
McDonald's Corp. 31,036 6,886 0.4%
McDonald's Corp. 3.13% 03-04-2025 Callable 2025 1,640,000 1,673 0.1%
MEG Energy Corp. Term Loan B 1st Lien F/R 12-31-2023 2,228,800 2,882 0.2%
Metro Inc. 2.68% 12-05-2022 Callable 2022 310,000 311 0.0%
Metro Inc. 3.39% 12-06-2027 Callable 2027 670,000 673 0.0%
Mexican Bonos 5.00% 12-11-2019 104,300,000 6,940 0.4%
Micro Focus International PLC 159,392 6,921 0.4%
Microsoft Corp. 107,700 11,696 0.6%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 4,510,000 4,486 0.2%
Monsanto Co. 9,500 1,450 0.1%
Moody's Corp. 39,300 7,698 0.4%
Morgan Stanley 3.00% 02-07-2024 1,730,000 1,738 0.1%
Nasdaq Inc. 40,300 4,116 0.2%
National Bank of Canada 1.96% 06-30-2022 1,440,000 1,419 0.1%
NAVEX Global Inc. Term Loan B 1st Lien F/R 11-19-2021 1,399,209 1,814 0.1%
Nestlé SA Reg. 87,800 9,695 0.5%
New Arclin US Holding Corp. Term Loan 1st Lien F/R 02-14-2024 508,725 663 0.0%
New Oriental Education & Technology Group Inc. ADR 27,800 3,044 0.2%
Nidec Corp. 18,300 3,202 0.2%
Nike Inc. Class B 69,525 5,420 0.3%
North Battleford Power LP 4.958% 12-31-2032 1,594,194 1,783 0.1%
North West Redwater Partnership 2.80% 06-01-2027 Callable 2027 640,000 626 0.0%
Northern Trust Corp. 38,700 4,882 0.3%
Northland Power Inc. 188,728 4,488 0.2%
Novo Nordisk AS B 110,200 7,337 0.4%
Numericable-SFR 6.00% 05-15-2022 Callable 144A 6,135,000 7,991 0.4%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 144A 3,960,000 4,605 0.2%
Oaktree Capital Group LLC 115,410 6,380 0.3%
Occidental Petroleum Corp. 69,900 6,358 0.3%
Odebrecht Finance Ltd. 5.25% 06-27-2029 1,730,000 794 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 2,870,000 3,698 0.2%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 1,640,000 1,688 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 980,000 1,010 0.1%
OPB Finance Trust 2.98% 01-25-2027 910,000 932 0.0%
Open Text Corp. 108,900 4,583 0.2%
Oracle Corp. 123,900 7,843 0.4%
Outfront Media Inc. 84,447 2,556 0.1%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 10-11-2024 2,082,075 2,703 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 1,755,000 1,793 0.1%
Pembina Pipeline Corp. 283,391 12,733 0.7%
Pembina Pipeline Corp. 2.99% 01-22-2024 Callable 2023 576,000 573 0.0%
Pernod Ricard SA 14,400 2,897 0.2%
Petroleos De Venezuela SA 6.00% 05-16-2024 4,168,000 1,244 0.1%
PetSmart Inc. 5.88% 06-01-2025 Callable 2020 144A 2,500,000 2,778 0.1%
PetSmart Inc. 7.13% 03-15-2023 Callable 2018 144A 1,060,000 1,001 0.1%
PetSmart Inc. 8.88% 06-01-2025 Callable 2020 144A 490,000 474 0.0%
PetSmart Inc. Term Loan B2 1st Lien F/R 03-10-2022 1,318,324 1,465 0.1%
Philip Morris International Inc. 57,400 7,609 0.4%
Pioneer Holding LLC 9.00% 11-01-2022 Callable 2019 144A 1,950,000 2,570 0.1%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 970,000 1,209 0.1%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 1,055,577 1,380 0.1%
Power Products LLC Term Loan 1st Lien F/R 12-20-2022 961,009 1,254 0.1%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-14-2022 2,534,323 3,282 0.2%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-30-2022 1,446,999 1,873 0.1%
Province of Manitoba 3.40% 09-05-2048 2,990,000 3,196 0.2%
Province of Ontario 2.40% 06-02-2026 2,010,000 2,007 0.1%
Province of Ontario 2.60% 06-02-2027 7,360,000 7,426 0.4%
Province of Ontario 2.80% 06-02-2048 3,460,000 3,364 0.2%
Province of Ontario 2.90% 06-02-2049 1,060,000 1,053 0.1%
Province of Ontario 2.90% 12-02-2046 5,930,000 5,868 0.3%
Province of Ontario 3.15% 06-02-2022 1,280,000 1,343 0.1%
Province of Quebec 2.50% 09-01-2026 410,000 413 0.0%
Province of Quebec 2.75% 09-01-2027 5,530,000 5,659 0.3%
Province of Quebec 3.50% 12-01-2048 400,000 446 0.0%
PSC Industrial Outsourcing LP Term Loan 2nd Lien F/R 10-05-2025 650,000 820 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 2,360,000 3,068 0.2%
Pure Multi-Family REIT LP 332,566 2,651 0.1%
Q Holding Co. Term Loan B 1st Lien F/R 12-17-2021 1,940,051 2,534 0.1%
QCP SNF West 8.13% 11-01-2023 Callable 2019 144A 3,045,000 4,066 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 2,250,000 2,986 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 1,728,000 1,902 0.1%
Quest Software US Holdings Inc. Term Loan 1st Lien F/R 10-31-2022 1,477,988 1,930 0.1%
Quinpario Acquisition Corp. 2 B Term Loan 1st Lien F/R 06-30-2023 1,290,000 1,591 0.1%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 2,560,000 3,538 0.2%
Radiate Holdco LLC Bridge Loan 02/27/18 Sr. Unsecured 8,580,000 0.0%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 3,060,000 3,937 0.2%
Refresco Group NV Term Loan B 1st Lien F/R 09-27-2024 490,000 637 0.0%
Renfro Corp. Term Loan B 1st Lien F/R 03-31-2021 4,736,910 6,094 0.3%
Resolute Forest Products Inc. 5.875% 05-15-2023 2,416,000 3,226 0.2%
Resolute Investment Managers Inc. Term Loan 2nd Lien F/R 04-30-2023 560,000 732 0.0%
RioCan Real Estate Investment Trust 173,855 4,329 0.2%
Rite Aid Corp. 6.125% 04-01-2023 Callable 2018 144A 1,840,000 2,201 0.1%
Rite Aid Corp. 7.70% 02-15-2027 1,950,000 2,230 0.1%
Robertshaw Holdings Corp. Term Loan 2nd Lien F/R 02-02-2025 130,000 167 0.0%
Roche Holding AG Genusscheine 21,500 6,994 0.4%
Rogers Communications Inc. Class B non-voting 154,014 10,313 0.5%
Royal Bank of Canada 325,669 32,844 1.7%
Royal Bank of Canada 2.00% 03-21-2022 4,620,000 4,572 0.2%
Royal Bank of Canada 2.33% 12-05-2023 DPNT 520,000 518 0.0%
Royal Bank of Canada 2.36% 12-05-2022 690,000 690 0.0%
Royal Bank of Canada 3.31% 01-20-2026 2,310,000 2,364 0.1%
Royal Bank of Canada 4.65% 01-27-2026 GMTN 950,000 1,316 0.1%
Sabre Corp. 361,457 9,285 0.5%
Safran SA 75,200 10,335 0.5%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 11-04-2022 945,225 1,226 0.1%
Sands China Ltd. 920,173 5,769 0.3%
SAP AG 48,400 7,032 0.4%
Schindler Holding AG PC 22,000 6,407 0.3%
Schlumberger Ltd. 61,300 4,971 0.3%
Scientific Games International Inc. 6.25% 09-01-2020 Callable 1,590,000 2,082 0.1%
Sea to Sky Highway Investment LP 2.63% 08-31-2030 677,490 657 0.0%
Securus Technologies Holdings Inc. Term Loan 1st Lien F/R 11-01-2024 1,070,000 1,395 0.1%
Shaw Communications Inc. Class B non-voting 408,160 11,735 0.6%
SMI Acquisition Inc. Term Loan 1st Lien F/R 10-27-2024 850,000 1,108 0.1%
SNC-Lavalin Group Inc. 234,843 13,215 0.7%
SNC-Lavalin Group Inc. 2.69% 11-24-2020 210,000 211 0.0%
Solenis International LP Term Loan 2nd Lien F/R 07-31-2022 1,820,000 2,307 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 2,693,000 2,993 0.2%
Sprint Capital Corp. 6.875% 11-15-2028 2,470,000 3,277 0.2%
Sprint Corp. 7.875% 09-15-2023 630,000 877 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 2,040,000 2,523 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 1,996,307 2,305 0.1%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,140,000 1,153 0.1%
Sun Life Financial Inc. F/R 11-23-2027 Callable 2022 630,000 632 0.0%
Suncor Energy Inc. 140,092 6,269 0.3%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 5,040,000 5,153 0.3%
Taiwan Semiconductor Manufacturing Co. Ltd. 621,400 6,035 0.3%
Talen Energy Supply LLC 10.50% 01-15-2026 Callable 2022 144A 1,900,000 2,473 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 144A 3,270,000 4,407 0.2%
Team Health Holdings Inc. 6.38% 02-01-2025 Callable 2020 144A 1,620,000 1,896 0.1%
Teck Resources Ltd. Class B 232,600 6,894 0.4%
Telenet Finance Luxembourg Notes Sarl 5.50% 03-01-2028 Callable 2022 144A 600,000 774 0.0%
TELUS Corp. 84,275 4,018 0.2%
Tencent Holdings Ltd. 81,100 5,332 0.3%
Tenet Healthcare Corp. 6.75% 06-15-2023 4,230,000 5,117 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 930,000 972 0.1%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 3,310,000 4,291 0.2%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 1,190,000 1,618 0.1%
TerraForm Power Operating LLC Term Loan B 1st Lien F/R 11-02-2022 1,100,000 1,435 0.1%
Texas Instruments Inc. 39,500 4,958 0.3%
The Bank of Nova Scotia 384,058 31,305 1.6%
The Bank of Nova Scotia 1.83% 04-27-2022 2,480,000 2,433 0.1%
The Bank of Nova Scotia 1.90% 12-02-2021 DPNT 2,700,000 2,667 0.1%
The Bank of Nova Scotia 2.29% 06-28-2024 750,000 740 0.0%
The Bank of Nova Scotia 2.36% 11-08-2022 2,000,000 2,000 0.1%
The Bank of Nova Scotia F/R 04-12-2066 Callable 2022 1,060,000 1,365 0.1%
The Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 1,400,000 1,404 0.1%
The Goldman Sachs Group Inc. 2.43% 04-26-2023 Callable 1,700,000 1,679 0.1%
The Kraft Heinz Co. 43,100 4,525 0.2%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 1,410,000 1,751 0.1%
The Neiman Marcus Group Inc. LLC Term Loan F/R 10-25-2020 289,864 306 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 1,570,000 1,167 0.1%
The Sherwin-Williams Co. 13,500 6,957 0.4%
The Toronto-Dominion Bank 543,370 39,796 2.1%
The Toronto-Dominion Bank 1.91% 07-18-2023 DPNT 3,330,000 3,248 0.2%
The Toronto-Dominion Bank F/R 07-25-2029 Callable 2024 1,440,000 1,453 0.1%
Thomson Reuters Corp. 121,300 6,892 0.4%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 650,000 653 0.0%
Tortoise Borrower LLC Term Loan 1st Lien F/R 11-20-2024 990,000 1,288 0.1%
TransAlta Corp. Pfd. Series A 133,087 1,902 0.1%
TransCanada Corp. 308,368 19,082 1.0%
TransCanada Corp. Pfd. Series 15 230,492 6,044 0.3%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 1,160,000 1,200 0.1%
TransCanada Trust F/R 05-18-2077 Callable 2027 1,380,000 1,394 0.1%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 1,090,000 1,422 0.1%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 850,326 844 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-30-2023 784,977 1,014 0.1%
TricorBraun Inc. (KRAIND) Term Loan Delayed Draw 1st Lien F/R 11-28-2023 79,091 102 0.0%
Tronox Blocked Borrower LLC Term Loan B 1st Lien F/R 09-14-2024 462,558 603 0.0%
Tronox Pigments Holland BV Term Loan B 1st Lien F/R 09-14-2024 1,067,442 1,391 0.1%
TTM Technologies Inc. 5.63% 10-01-2025 Callable 2020 144A 2,040,000 2,697 0.1%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 2,816,598 3,668 0.2%
Unilever NV CVA 74,100 5,504 0.3%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 720,000 734 0.0%
United States Treasury 0.89% 02-15-2047 14,160,000 18,700 1.0%
United States Treasury 1.50% 08-15-2026 8,500,000 10,197 0.5%
Valeant Pharmaceuticals International Inc. 5.63% 12-01-2021 Callable 144A 2,580,000 3,096 0.2%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 1,609,625 2,090 0.1%
Ventas Canada Finance Ltd. 2.55% 03-15-2023 Callable 2023 1,160,000 1,144 0.1%
Verizon Communications Inc. 2.63% 08-15-2026 Callable 2026 5,490,000 6,634 0.3%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 6,997,000 7,533 0.4%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 1,100,000 1,179 0.1%
Visa Inc. Class A 42,800 6,217 0.3%
VRX Escrow Corp. 5.375% 03-15-2020 Callable 144A 964,000 1,233 0.1%
WellDyneDx Inc. Term Loan 1st Lien F/R 08-16-2022 1,767,625 2,208 0.1%
Wells Fargo & Co. 142,700 10,397 0.5%
Wells Fargo & Co. 2.98% 05-19-2026 3,790,000 3,730 0.2%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 2,550,000 3,302 0.2%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 38,220 1,010 0.1%
Western Dental Services Inc. Term Loan B 1st Lien F/R 06-23-2023 1,316,700 1,716 0.1%
WestJet Airlines Ltd. 77,927 2,085 0.1%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 2,955,000 3,952 0.2%
Williams Scotsman International Inc. Bridge Loan 12-19-2017 5,910,000 0.0%
Windstream Services LLC Term Loan B6 1st Lien F/R 03-16-2021 1,194,865 1,444 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 1,517,636 1,947 0.1%
Total Investments -- 1,877,813 98.9%
Cash & Equivalents -- 34,320 1.8%
Currency Hedge Contracts -- -9,878 -0.5%
Other Assets (Liabilities) -- -4,301 -0.2%
Total Net Assets -- 1,897,954 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of January 31, 2018
  • Regional Allocation
      Canada
    EQ : 25.3% | FI : 25.0%
    50.3%
      United States
    EQ : 13.2% | FI : 20.7%
    33.9%
      Other
    EQ : 8.6% | FI : 1.9%
    10.5%
      United Kingdom
    EQ : 2.1% | FI : 0.4%
    2.5%
      Germany
    EQ : 1.6%
    1.6%
      Netherlands
    FI : 0.4%
    0.4%
      Cash & Equivalents 0.8%
  • Sector Allocation
      Fixed Income 48.3%
      Financials 15.4%
      Energy 6.3%
      Industrials 6%
      Information Technology 5.4%
      Consumer Staples 4.8%
      Consumer Discretionary 3.5%
      Health Care 3.3%
      Real Estate 2.6%
      Materials 2%
      Utilities 1.6%
      Cash & Equivalents 0.8%
Credit Allocation (%)
AAA 4.5%
AA 2.8%
A 3.2%
BBB 6.2%
BB 8%
B 16.8%
CCC & Below 4.6%
NR 1.8%
Cash & Equivalents 1.3%
Equities 51%

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

Martin Downie, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie North American Equities Team

Investment experience since 1984

Tim Johal, CFA

Vice President, Portfolio Manager

Mackenzie North American Equities Team

Investment experience since 2000

Hovig Moushian, MBA, CFA

Senior Vice President, Portfolio Manager

Mackenzie North American Equities Team

Investment experience since 1996

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).