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 February 28, 2017
Major holdings represent 18.7% of the fund.
View all holdings
Total # of
Equity Holdings
145
Total # of
Fixed Income Holdings
252
Holding name, country and sector Percentage of holding in fund
Government of Canada 1.00% 06-01-2027
Canada | Federal Government
4.7%
United States Treasury 1.50% 08-15-2026
United States | Foreign Governments
2.8%
Toronto-Dominion Bank/The
Canada | Diversified Banks
2.1%
Royal Bank of Canada
Canada | Diversified Banks
1.7%
TransCanada Corp
Canada | Oil & Gas Storage & Transport
1.6%
Bank of Nova Scotia/The
Canada | Diversified Banks
1.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022
Canada | Corporate - Non Convertible
1.5%
Manulife Financial Corp
Canada | Life & Health Insurance
1.2%
United States Treasury Inflation Indexed Bonds
United States | Foreign Governments
0.9%
Videotron Ltee 5.625% 06-15-2025 Callable 2025
Canada | Corporate - Non Convertible
0.7%

Complete Fund Holdings Help Full holdings list

As of December 31, 2016
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
3M Co. 20,000 4,799 0.3%
407 International Inc. 2.43% 05-04-2027 MTN Callable 930,000 901 0.1%
Abbott Laboratories 84,300 4,351 0.3%
AbbVie Inc. 68,400 5,755 0.3%
Admiral Group PLC 170,000 5,125 0.3%
Advanced Micro Devices Inc. 7.00% 07-01-2024 Callable 2019 4,551,000 6,371 0.4%
Agrium Inc. 46,100 6,222 0.4%
AGT Food and Ingredients Inc. 5.88% 12-21-2021 Callable 2018 3,010,000 3,048 0.2%
Air Liquide SA 53,305 7,956 0.5%
Air Medical Group Holdings Inc. Term Loan B 1st Lien F/R 04-16-2022 183,073 246 0.0%
Albertsons LLC. Term Loan B4 1st Lien F/R 08-22-2021 157,854 215 0.0%
Alimentation Couche-Tard Inc. Class B Sub. voting 176,400 10,739 0.6%
Allergan PLC 25,900 7,308 0.4%
Allied Properties Real Estate Investment Trust 104,793 3,767 0.2%
Allied Properties Real Estate Investment Trust 3.934% 11-14-2022 Series B 391,000 396 0.0%
Allied Properties REIT 3.748% 05-13-2020 Series A 1,090,000 1,120 0.1%
Ally Financial Inc. 8.00% 12-31-2018 2,600,000 3,812 0.2%
Alphabet Inc. Class A 3,600 3,833 0.2%
AltaGas Ltd. Pfd. Series E 6,810 161 0.0%
Altalink LP 3.717% 12-03-2046 Callable Series MTN 427,000 423 0.0%
Altice SA 7.75% 05-15-2022 Callable 2017 144A 2,820,000 4,057 0.2%
Altria Group Inc. 64,306 5,842 0.3%
Amaya Holdings BV Term Loan 1st Lien F/R 08-01-2021 183,073 247 0.0%
Amazon.com Inc. 3,000 3,023 0.2%
American Beacon Advisors Inc. Term Loan 2nd Lien F/R 03-06-2023 560,000 741 0.0%
Anheuser-Busch InBev NV 26,700 3,791 0.2%
Antero Resources Corp. 5.625% 06-01-2023 Callable 1,580,000 2,176 0.1%
Apple Inc. 40,000 6,225 0.4%
Appvion Inc. 9.00% 06-01-2020 Callable 144A 4,720,000 3,615 0.2%
ARC Resources Ltd. 269,975 6,239 0.4%
Aretec Group Inc. 41,932 817 0.0%
ASP MSG Acquisition Co. Inc. Term Loan 1st Lien F/R 08-04-2023 830,000 1,136 0.1%
Asurion LLC Term Loan B 1st Lien F/R 08-04-2022 182,365 248 0.0%
Atlantia SPA 165,400 5,203 0.3%
Atlantic Power LP 5.95% 06-23-2036 3,825,000 3,053 0.2%
Atlas Copco AB A 119,300 4,876 0.3%
Avago Technologies Cayman Finance Ltd. Term Loan B3 1st Lien F/R 02-01-2023 107,819 147 0.0%
Aviva PLC 4.50% 05-10-2021 1,210,000 1,273 0.1%
Bank of Montreal 1.61% 10-28-2021 Series DPTN 4,830,000 4,740 0.3%
Bank of Montreal 1.88% 03-31-2021 3,150,000 3,147 0.2%
Bank of Montreal 3.32% 06-01-2026 2,050,000 2,084 0.1%
Barrick Gold Corp. 150,625 3,237 0.2%
Bayer AG 32,900 4,614 0.3%
BCE Inc. 96,808 5,618 0.3%
Becton, Dickinson and Co. 34,353 7,641 0.4%
Bell Canada 2.00% 10-01-2021 1,270,000 1,256 0.1%
Bellatrix Exploration Ltd. 8.50% 05-15-2020 Callable 2017 144A 5,300,000 6,983 0.4%
Berry Plastics Group Inc. Term Loan H 1st Lien F/R 10-01-2022 174,776 237 0.0%
BMC Software Inc. Term Loan B 1st Lien F/R 09-11-2020 183,024 246 0.0%
British American Tobacco PLC 108,900 8,313 0.5%
Broadcom Ltd. 39,700 9,429 0.5%
Brookfield Asset Management Inc. 4.80% Pfd. Callable 2017 Series 30 3,515 73 0.0%
Brookfield Asset Management Inc. Class A limited voting 324,571 14,378 0.8%
Brookfield Asset Management Inc. Pfd. Series 46 84,364 2,164 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 1,890,000 1,849 0.1%
Brookfield Residential Properties Inc. 6.375% 05-15-2025 Callable 2020 144A 3,860,000 5,183 0.3%
Bruce Power LP 2.844% 06-23-2021 2,790,000 2,836 0.2%
Bruce Power LP 3.969% 06-23-2026 820,000 844 0.0%
Bureau Veritas SA 133,900 3,488 0.2%
C&S Group Enterprises LLC 5.375% 07-15-2022 Callable 144A 1,160,000 1,508 0.1%
CAE Inc. 133,158 2,501 0.1%
Calfrac Well Services Ltd. 7.50% 12-01-2020 Callable 144A 4,875,000 5,699 0.3%
Camelot Finance LP Term Loan B 1st Lien F/R 09-15-2023 2,710,000 3,690 0.2%
Camelot Finance SA 7.88% 10-15-2024 Callable 2019 144A 1,850,000 2,584 0.1%
Canada Housing Trust 1.90% 09-15-2026 470,000 457 0.0%
Canadian Imperial Bank of Commerce 144,581 15,840 0.9%
Canadian Imperial Bank of Commerce 1.90% 04-26-2021 DPNT 650,000 650 0.0%
Canadian Imperial Bank of Commerce 3.42% 01-26-2026 Callable 2021 250,000 255 0.0%
Canadian National Railway Co. 35,300 3,190 0.2%
Canadian Natural Resources Ltd. 349,657 14,962 0.9%
Canadian Pacific Railway Ltd. 79,900 15,306 0.9%
Canadian Tire Corp. Ltd. Class A non-voting 66,966 9,326 0.5%
Canadian Utilities Ltd. Class A non-voting 74,068 2,681 0.2%
CareCentrix Inc. Term Loan B 1st Lien F/R 07-08-2021 3,435,300 4,593 0.3%
Cenovus Energy Inc. 311,772 6,329 0.4%
CETIP SA - Mercados Organizados 434,692 7,988 0.5%
Charter Communications Term Loan I 1st Lien F/R 01-24-2023 183,080 248 0.0%
Chemtrade Logistics Income Fund 104,969 1,988 0.1%
China Mobile Ltd. 310,200 4,371 0.3%
Chip Mortgage Trust 2.98% 11-15-2021 880,000 874 0.1%
CHS/Community Health Systems Inc. Term Loan H 1st Lien F/R 01-27-2021 183,073 238 0.0%
Cielo SA 244,763 2,807 0.2%
Cision AB Term Loan B 1st Lien F/R 05-17-2023 1,605,975 2,139 0.1%
CME Group Inc. 45,000 6,974 0.4%
Cogeco Communications Inc. 34,200 2,265 0.1%
Comber Wind Financial Corp. 5.132% 11-15-2030 9,760,169 10,513 0.6%
Cominar Real Estate Investment Trust 4.941% 07-27-2020 Callable 4,555,000 4,817 0.3%
Cominar REIT 4.247% 05-23-2023 1,080,000 1,092 0.1%
Commonwealth of Bahamas 5.75% 01-16-2024 2,590,000 3,555 0.2%
Communications Sales & Leasing Inc. Term Loan B 1st Lien F/R 10-24-2022 1,192,401 1,623 0.1%
Community Health Systems Inc. 7.125% 07-15-2020 Callable 1,520,000 1,560 0.1%
Compagnie Financiere Richemont SA 63,000 5,609 0.3%
Computer Sciences Government Services Inc. Term Loan B 1st Lien F/R 10-29-2022 114,674 156 0.0%
Conn's Inc. 7.25% 07-15-2022 Callable 2017 3,650,000 4,316 0.2%
ConvergeOne Holdings Corp. Term Loan 1st Lien F/R 06-16-2020 980,000 1,312 0.1%
Corus Entertainment Inc. Class B non-voting 104,191 1,313 0.1%
Crescent Point Energy Corp. 525,744 9,595 0.6%
Croda International PLC 39,581 2,088 0.1%
CSC Holdings LLC 10.125% 01-15-2023 Callable 2019 144A 1,810,000 2,815 0.2%
CSM Bakery Solutions LLC Term Loan 2nd Lien F/R 05-23-2021 2,650,000 2,664 0.2%
CSP Technologies North America LLC Term Loan 1st Lien F/R 02-02-2022 1,785,326 2,435 0.1%
CVR Partners LP 9.25% 06-15-2023 Callable 2019 144A 1,570,000 2,173 0.1%
Daimler Canada Finance Inc. 2.23% 12-16-2021 Series EMTN 930,000 929 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 720,000 961 0.1%
Dell International LLC Term Loan B 1st Lien F/R 05-24-2022 2,710,000 3,708 0.2%
Deutsche Boerse AG 88,800 9,726 0.6%
DH Corp. 89,200 1,987 0.1%
DHX Media Ltd. 5.875% 12-02-2021 Callable 2017 1,840,000 1,853 0.1%
Diageo PLC 62,800 2,184 0.1%
Diebold Inc. 8.5% 04-15-2024 Series WI 2,140,000 3,111 0.2%
Dollar General Corp. 3.25% 04-15-2023 Callable 2023 5,570,000 7,418 0.4%
Dollar Tree Inc. Term Loan B 1st Lien F/R 07-06-2022 60,000 81 0.0%
Drive DeVilbiss (CD&R Reign Merger Sub Inc.) Term Loan 1st Lien F/R 12-21-2022 1,815,000 2,210 0.1%
Element Financial Corp. 356,204 4,438 0.3%
Emera Inc. 4.10% Cum. Conv. Pfd. Series C 3,780 82 0.0%
Emerging Markets Communications LLC Term Loan B 1st Lien F/R 06-29-2021 3,344,001 4,426 0.3%
Enbridge Inc. 4.00% Cum. Red. Pfd. Series B 72,928 1,260 0.1%
Endo Finance LLC 6.00% 02-01-2025 Callable 2020 144A 490,000 553 0.0%
Fairfax Financial Holdings Ltd. 4.50% 03-22-2023 1,560,000 1,623 0.1%
Fairfax Financial Holdings Ltd. 5.80% 05-15-2021 144A 6,500,000 9,377 0.5%
Fairfax Financial Holdings Ltd. 5.84% 10-14-2022 22,900,000 25,557 1.5%
Fairfax Financial Holdings Ltd. Pfd. Series K 3,600 79 0.0%
Fairmount Santrol Holdings Inc. Term Loan B2 1st Lien F/R 09-05-2019 1,366,434 1,789 0.1%
Fanuc Corp. 19,400 4,411 0.3%
FCA US LLC Term Loan B 1st Lien F/R 05-24-2017 184,000 248 0.0%
First Quantum Minerals Ltd. 7.00% 02-15-2021 Callable 2018 144A 2,203,000 2,951 0.2%
First Quantum Minerals Ltd. 7.25% 10-15-2019 Callable 144A 2,440,000 3,334 0.2%
Flex Acquisition Co. Inc. Term Loan F/R 12-06-2017 (Bridge Term as per BBG) 4,402,000 5,922 0.3%
FLIR Systems Inc. 182,685 8,883 0.5%
Floor & Decor Outlets of America Inc. Term Loan 1st Lien F/R 09-29-2023 1,190,000 1,609 0.1%
Fortified Trust 1.67% 07-23-2021 1,240,000 1,225 0.1%
Fortis Inc. 207,839 8,617 0.5%
Fortis Inc. 2.85% 12-12-2023 Callable 2023 710,000 713 0.0%
FR Dixie Acquisition Corp. Term Loan B 1st Lien F/R 01-23-2021 2,753,490 1,942 0.1%
Frontier Communications Corp. 11.00% 09-15-2025 Callable 2025 3,684,000 5,129 0.3%
Frontier Communications Corp. 6.875% 01-15-2025 Callable 2024 5,791,000 6,550 0.4%
Frontier Communications Corp. 8.75% 04-15-2022 2,180,000 2,905 0.2%
Futures Contracts 854 0.0%
G-III Apparel Group Ltd. Term Loan B 1st Lien F/R 10-05-2022 1,714,286 2,299 0.1%
Garda World Security Corp. 7.25% 11-15-2021 Callable 144A 6,238,000 7,936 0.5%
Garda World Security Corp. Term Loan B 1st Lien F/R 11-01-2020 8,245,376 7,916 0.5%
Gates Global LLC Term Loan 1st Lien F/R 07-03-2021 182,579 246 0.0%
Gateway Casinos & Entertainment Ltd. 8.50% 11-26-2020 Callable 144A 9,080,000 9,091 0.5%
General Electric Co. 206,700 8,776 0.5%
Genworth MI Canada Inc. 90,966 3,062 0.2%
GFL Environmental Inc. 9.875% 02-01-2021 Callable 2018 144A 2,780,000 4,113 0.2%
Gibson Energy Inc. 347,581 6,597 0.4%
Gibson Energy Inc. 5.25% 07-15-2021 Conv. Callable 2020 1,370,000 1,493 0.1%
Gibson Energy Inc. 7.00% 07-15-2020 Callable 3,590,000 3,765 0.2%
Global Eagle Entertainment Inc. Term Loan 1st Lien F/R 12-22-2022 3,260,000 4,325 0.2%
Goldcorp Inc. 487,942 8,920 0.5%
Government of Canada 0.75% 03-01-2021 160,000 158 0.0%
Government of Canada 1.50% 06-01-2026 84,852,000 83,265 4.7%
Government of Canada 1.75% 03-01-2019 7,840,000 8,003 0.5%
Government of Canada 2.75% 12-01-2048 1,510,000 1,659 0.1%
Government of Portugal 5.125% 10-15-2024 4,890,000 6,421 0.4%
Grande Communications Networks LLC Bridge Loan 05-20-2017 4,350,000 0.0%
Granite REIT Holdings LP 3.87% 11-30-2023 Callable 2023 970,000 974 0.1%
Great Canadian Gaming Corp. 6.625% 07-25-2022 Callable 2017 144A 3,220,000 3,388 0.2%
Great-West Lifeco Inc.* 101,000 3,552 0.2%
GST AutoLeather Inc. Term Loan B 1st Lien F/R 06-03-2020 3,612,951 4,745 0.3%
H&R Real Estate Investment Trust 159,790 3,575 0.2%
H&R Real Estate Investment Trust 2.92% 05-06-2022 1,910,000 1,902 0.1%
Hang Lung Properties Ltd. 1,884,200 5,301 0.3%
Hardwoods Acquisition Inc. 7.50% 08-01-2021 Callable 2017 144A 875,000 1,003 0.1%
Harley-Davidson Inc. 63,600 4,985 0.3%
Heathrow Funding Ltd. 3.25% 05-21-2025 3,690,000 3,747 0.2%
Heineken Holding NV A 59,500 5,562 0.3%
Highland Acquisition Holdings LLC Term Loan B 1st Lien F/R 11-23-2023 2,420,000 3,100 0.2%
Hilex Poly Co. LLC Term Loan 1st Lien F/R 12-09-2021 799,872 1,085 0.1%
Hilton Worldwide Finance LLC Term Loan B1 1st Lien F/R 10-26-2020 120,300 163 0.0%
Honeywell International Inc. 29,100 4,530 0.3%
HSBC Holdings PLC 642,000 6,979 0.4%
HSBC Holdings PLC 3.20% 12-05-2023 1,410,000 1,406 0.1%
Hydro One Inc. 3.72% 11-18-2047 860,000 845 0.0%
Inception Merger Sub Inc. 8.63% 11-15-2024 Callable 2019 144A 4,690,000 6,668 0.4%
Intact Financial Corp. 69,855 6,713 0.4%
Integro Ltd. United States Term Loan B1 1st Lien F/R 11-02-2022 3,432,841 4,676 0.3%
Intelsat Connect Finance SA 12.50% 04-01-2022 1,567,000 1,305 0.1%
Intelsat Jackson Holdings SA 7.25% 04-01-2019 Callable 1,630,000 1,845 0.1%
Intelsat Jackson Holdings SA Term Loan B2 1st Lien F/R 06-30-2019 2,100,000 2,736 0.2%
Intelsat Luxembourg SA 7.75% 06-01-2021 1,160,000 519 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 370,000 375 0.0%
iQor US Inc. Term Loan 2nd Lien F/R 02-20-2022 3,230,000 3,783 0.2%
iQor US Inc. Term Loan B 1st Lien F/R 02-20-2021 4,321,209 5,564 0.3%
Iron Mountain Canada Operations ULC 5.375% 09-15-2023 Callable 2019 1,810,000 1,845 0.1%
Japan Tobacco Inc. 130,100 5,747 0.3%
Jardine Matheson Holdings Ltd. 42,400 3,143 0.2%
Johnson & Johnson 51,700 8,003 0.5%
JPMorgan Chase & Co. 75,200 8,719 0.5%
KAR Auction Services Inc. 97,800 5,600 0.3%
Killam Apartment Real Estate Investment Trust 176,493 2,107 0.1%
Kindred Healthcare Inc. 8.00% 01-15-2020 Callable 1,985,000 2,669 0.2%
Kweichow Moutai Co. Ltd. 58,662 3,789 0.2%
Labrador Iron Ore Royalty Corp. 151,025 2,812 0.2%
Lannett Co. Inc. Term Loan B 1st Lien F/R 11-25-2022 1,719,500 2,281 0.1%
Lantheus Medical Imaging Inc. Term Loan B 1st Lien F/R 06-30-2022 1,997,511 2,686 0.2%
Lawson Inc. 46,900 4,427 0.3%
LD Intermediate Holdings Inc. Term Loan B 1st Lien F/R 12-08-2022 1,530,000 1,912 0.1%
Lee Enterprises Inc. 9.50% 03-15-2022 Callable 2018 144A 3,480,000 4,962 0.3%
LG FinanceCo Corp. 5.875% 11-01-2024 Callable 2019 144A 2,026,000 2,768 0.2%
Lions Gate Entertainment Corp. Term Loan B 1st Lien F/R 10-12-2023 1,450,000 1,963 0.1%
Livingston International Inc. Term Loan 2nd Lien F/R 04-18-2020 5,149,522 6,452 0.4%
Livingston International Inc. Term Loan B2 1st Lien F/R 04-18-2019 4,544,333 4,249 0.2%
Loblaw Companies Ltd. 113,943 8,072 0.5%
Lockheed Martin Corp. 18,000 6,045 0.3%
Lower Mattagami Energy LP 2.31% 10-21-2026 340,000 325 0.0%
LSC Communications Inc. 8.75% 10-15-2023 Callable 2019 144A 1,790,000 2,417 0.1%
Mackenzie Global Tactical Bond Fund Series R 1,144,332 11,215 0.6%
Magna International Inc. 162,960 9,501 0.5%
Mallinckrodt International Finance SA 5.625% 10-15-2023 Callable 2018 144A 955,000 1,197 0.1%
Manulife Financial Corp. 855,983 20,467 1.2%
Mattamy Group Corp. 6.50% 11-15-2020 Callable 144A 5,640,000 7,701 0.4%
McDonald's Corp. 39,636 6,482 0.4%
Media General Inc. Term Loan B 1st Lien F/R 07-08-2020 161,372 217 0.0%
Mexican Bonos 5.00% 12-11-2019 134,100,000 8,250 0.5%
Microsoft Corp. 141,800 11,839 0.7%
MJ Acquisition Corp. Term Loan 1st Lien F/R 04-08-2022 183,073 247 0.0%
Molson Coors International LP 2.84% 07-15-2023 Callable 2023 4,510,000 4,462 0.3%
Monsanto Co. 51,400 7,266 0.4%
Moody's Corp. 44,200 5,598 0.3%
Motorola Solutions Inc. 85,400 9,511 0.5%
MPLX LP 4.5% 07-15-2023 1,340,000 1,836 0.1%
MWI Holdings Inc./Illinois Term Loan 1st Lien F/R 06-23-2020 754,500 1,019 0.1%
Nestlé SA Reg. 83,600 8,063 0.5%
Nexstar Broadcasting Group Inc. Bridge Loan 01-27-2017 8,360,000 0.0%
Nielsen Holdings PLC 38,800 2,187 0.1%
Nissan Canada Financial Services Inc. 1.584% 10-07-2019 510,000 508 0.0%
North Battleford Power LP 4.958% 12-31-2032 1,645,510 1,815 0.1%
Northern Trust Corp. 51,300 6,138 0.4%
Northland Power Inc. 182,927 4,262 0.2%
Novitex Acquisition LLC Term Loan 1st Lien F/R 07-01-2020 3,115,569 4,007 0.2%
Novitex Acquisition LLC Term Loan 2nd Lien F/R 07-01-2021 2,730,000 3,503 0.2%
Novo Nordisk AS B 90,300 4,361 0.3%
Numericable-SFR 6.00% 05-15-2022 Callable 2017 144A 5,295,000 7,306 0.4%
Numericable-SFR SA 7.375% 05-01-2026 Callable 2021 144A 1,620,000 2,234 0.1%
NWH Escrow Corp. 7.50% 08-01-2021 Callable 2017 144A 3,960,000 4,496 0.3%
Nykredit Realkredit A/S 1.00% 01-01-2021 43,740,000 8,626 0.5%
Oaktree Capital Group LLC 107,010 5,392 0.3%
Occidental Petroleum Corp. 66,600 6,374 0.4%
Odebrecht Finance Ltd. 5.25% 06-27-2029 2,360,000 1,835 0.1%
Oracle Corp. 127,900 6,607 0.4%
Outfront Media Inc. 130,047 4,346 0.3%
Owens & Minor Inc. 111,139 5,270 0.3%
Paradigm Acquisition Corp. Term Loan 1st Lien F/R 06-02-2022 2,103,375 2,821 0.2%
Parkland Fuel Corp. 5.50% 05-28-2021 Callable 2017 2,390,000 2,489 0.1%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 1,755,000 1,809 0.1%
Parkland Fuel Corp. 6.00% 11-21-2022 Callable 2017 1,650,000 1,719 0.1%
Patterson Companies Inc. 53,600 2,955 0.2%
PBF Holding Co. LLC 7.00% 11-15-2023 Callable 2018 144A 4,236,000 5,674 0.3%
Pembina Pipeline Corp. 188,660 7,916 0.5%
Pembina Pipeline Corp. 3.71% 08-11-2026 Callable 2026 1,770,000 1,788 0.1%
Pembina Pipeline Corp. Pfd. Series 1 4,160 78 0.0%
Pernod Ricard SA 16,100 2,345 0.1%
Petco Animal Supplies Inc. Term Loan B1 1st Lien F/R 01-26-2023 182,620 248 0.0%
Pfizer Inc. 105,400 4,600 0.3%
Philip Morris International Inc. 67,000 8,236 0.5%
Platform Specialty Products Corp. 10.375% 05-01-2021 144A Callable 1,485,000 2,216 0.1%
Polycom Inc. Term Loan 1st Lien F/R 09-27-2023 1,294,533 1,752 0.1%
Portugal Obrigacoes do Tesouro OT 2.875% 10-15-2025 2,780,000 3,740 0.2%
Potash Corp. of Saskatchewan Inc. 328,512 7,980 0.5%
Presidio Inc. Term Loan 1L F/R 02-02-2022 183,071 248 0.0%
Primeline Utility Services LLC Term Loan B 1st Lien F/R 11-12-2022 Preliminary 1,665,773 2,241 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 06-01-2022 2,174,550 2,878 0.2%
Province of Alberta 3.30% 12-01-2046 2,160,000 2,156 0.1%
Province of British Columbia 2.80% 06-18-2048 2,820,000 2,636 0.2%
Province of Ontario 2.80% 06-02-2048 240,000 221 0.0%
Province of Ontario 2.90% 12-02-2046 7,390,000 6,926 0.4%
Province of Quebec 2.50% 09-01-2026 2,230,000 2,228 0.1%
Province of Quebec 3.50% 12-01-2048 2,339,000 2,465 0.1%
Q Holdings Co. Term Loan B 1st Lien F/R 12-18-2021 1,960,000 2,599 0.2%
QCP SNF West 8.125% 11-01-2023 Callable 2019 144A 3,045,000 4,130 0.2%
Quad Graphics Inc. 7.00% 05-01-2022 3,150,000 4,134 0.2%
Quebecor Media Inc. 6.625% 01-15-2023 144A 3,670,000 3,866 0.2%
Quicken Loans Inc. 5.75% 05-01-2025 Callable 2020 144A 2,930,000 3,843 0.2%
Quorum Health Corp. 11.625% 04-15-2023 Callable 2019 144A 1,420,000 1,600 0.1%
Real Alloy Holding Inc. 10.00% 01-15-2019 Callable 2018 144A 990,000 1,341 0.1%
Real Estate Asset Liquidity Trust 5.273% 04-12-2017 3,220,000 3,230 0.2%
Redbox Automated Retail LLC Term Loan 1st Lien F/R 09-26-2021 2,790,000 3,651 0.2%
Renfro Corp. Term Loan B 1st Lien F/R 01-30-2019 3,152,569 3,791 0.2%
Resolute Forest Products Inc. 5.875% 05-15-2023 9,256,000 11,247 0.6%
RioCan Real Estate Investment Trust 165,188 4,399 0.3%
Riverbed Technology Inc. Term Loan 1st Lien F/R 04-27-2022 184,000 249 0.0%
Roche Holding AG Genusscheine 21,400 6,557 0.4%
Rogers Communications Inc. Class B non-voting 225,303 11,668 0.7%
Royal Bank of Canada 314,165 28,548 1.6%
Royal Bank of Canada 1.583% 09-13-2021 2,830,000 2,773 0.2%
Royal Bank of Canada 1.65% 07-15-2021 1,370,000 1,350 0.1%
Royal Bank of Canada 2.333% 12-05-2023 Series DPNT 520,000 516 0.0%
Royal Bank of Canada 2.48% 06-04-2025 Callable 2020 270,000 268 0.0%
Royal Bank of Canada 3.31% 01-20-2026 2,610,000 2,649 0.2%
Safran SA 87,700 8,489 0.5%
Sage Automotive Holdings Inc. Term Loan 1st Lien F/R 10-27-2022 1,970,000 2,634 0.2%
Sands China Ltd. 1,213,873 7,015 0.4%
SAP AG 53,600 6,298 0.4%
Schindler Holding AG PC 26,600 6,299 0.4%
Schlumberger Ltd. 60,000 6,768 0.4%
Scientific Games International Inc. 10.00% 12-01-2022 Callable 2018 1,490,000 1,973 0.1%
Scientific Games International Inc. Term Loan B1 1st Lien F/R 10-18-2020 183,059 250 0.0%
Sea to Sky Highway Investment LP 2.629% 08-31-2030 Series A 718,674 694 0.0%
Seahawk Holding Cayman Ltd. Term Loan 1st Lien F/R 09-27-2022 1,190,000 1,623 0.1%
Shaw Communications Inc. Class B non-voting 241,186 6,498 0.4%
SIG Combibloc Purhcase Co. Sarl Term Loan B 1st Lien F/R 03-13-2022 177,296 241 0.0%
SNC-Lavalin Group Inc. 141,735 8,191 0.5%
Solenis International LP Term Loan 2nd Lien F/R 07-02-2022 1,820,000 2,419 0.1%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 144A 4,500,000 4,795 0.3%
St. George's University Term Loan B 1st Lien F/R 06-06-2022 1,330,000 1,812 0.1%
Star West Generation LLC Term Loan B 1st Lien F/R 03-13-2020 1,645,854 1,891 0.1%
Sun Life Financial Inc. 148,162 7,638 0.4%
Sun Life Financial Inc. F/R 09-19-2028 Callable 2023 1,140,000 1,144 0.1%
Suncor Energy Inc. 342,374 15,030 0.9%
Sybil Software LLC Term Loan 1st lien Term B F/R 08-03-2022 1,420,000 1,936 0.1%
Sydney Airport Finance Co. Pty. Ltd. 3.625% 04-28-2026 Callable 2026 144A 780,000 1,025 0.1%
Team Health Inc. Term Loan B 1st Lien F/R 11-23-2022 183,080 247 0.0%
Teck Resources Ltd. Class B 218,200 5,863 0.3%
Telefonica Deutschland Holding AG 1,093,100 6,280 0.4%
Tembec Industries Inc. 9.00% 12-15-2019 Callable 144A 6,705,000 8,451 0.5%
Tencent Holdings Ltd. 95,300 3,108 0.2%
Tenet Healthcare Corp. 6.75% 06-15-2023 4,430,000 5,264 0.3%
Tensar International Corp. Term Loan 2nd Lien F/R 07-09-2022 930,000 968 0.1%
TerraForm Power Operating LLC 5.875% 02-01-2023 Callable 2018 144A 2,720,000 3,705 0.2%
Tervita Escrow Corp. 7.63% 12-01-2021 Callable 2018 144A 1,800,000 2,477 0.1%
The Bank of Nova Scotia 347,458 25,976 1.5%
The Bank of Nova Scotia 1.90% 12-02-2021 Series DPNT 1,860,000 1,847 0.1%
The Hertz Corp. 5.50% 10-15-2024 Callable 2019 144A 990,000 1,165 0.1%
The Kraft Heinz Co. 48,900 5,737 0.3%
The Men's Wearhouse Inc. 7.00% 07-01-2022 Callable 2017 1,477,500 1,955 0.1%
The Neiman Marcus Group Inc. Term Loan F/R 10-25-2020 182,592 215 0.0%
The Neiman Marcus Group Ltd. LLC 8.00% 10-15-2021 Callable 144A 420,000 421 0.0%
The Sherwin-Williams Co. 10,300 3,719 0.2%
The Toronto-Dominion Bank 542,829 35,946 2.1%
The Toronto-Dominion Bank 1.68% 06-08-2021 2,850,000 2,830 0.2%
The Toronto-Dominion Bank 1.909% 07-18-2023 Series DPNT 3,330,000 3,240 0.2%
The Weir Group PLC 132,800 4,137 0.2%
Tong Ren Tang Technologies Co. Ltd. 1,021,100 2,544 0.1%
Toys R Us Property Co. I LLC Term Loan B F/R 08-21-2019 3,291,059 4,337 0.3%
TransAlta Corp. 5.00% 11-25-2020 2,560,000 2,633 0.2%
TransCanada Corp. 370,150 22,409 1.3%
TransCanada Corp. 4.00% Pfd. Series 7 14,058 265 0.0%
TransCanada Corp. 4.25% First Pfd. Cum. Red. Series 9 11,924 236 0.0%
TransCanada Corp. Pfd. Series 15 213,040 5,424 0.3%
Transfield Services Ltd. 8.375% 05-15-2020 Callable 2017 144A 3,300,000 4,697 0.3%
Trevali Mining Corp. 12.50% 05-30-2019 6,902,000 7,213 0.4%
Trevali Mining Corp. Purchase Warrants Exp. 12-30-2020 850,326 639 0.0%
Tribune Media Co. Term Loan B 1st Lien F/R 12-27-2020 174,118 236 0.0%
TricorBraun Inc. (KRAIND) Delayed Draw Term loan 1st Lien F/R 11-28-2023 189,091 256 0.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-28-2023 1,890,909 2,561 0.1%
Trinidad Drilling Ltd. 7.875% 01-15-2019 Callable 144A 1,260,000 1,691 0.1%
U.S. Renal Care Inc. Term Loan 1st Lien F/R 12-31-2022 182,617 230 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-07-2023 1,530,000 2,071 0.1%
Unilever NV CVA 88,200 4,874 0.3%
Union Gas Ltd. 2.81% 06-01-2026 Callable 1,970,000 1,969 0.1%
United States Treasury 1.50% 08-15-2026 40,000,000 49,392 2.9%
United States Treasury Inflation Indexed Bond 1.02% 02-15-2046 11,720,000 16,107 0.9%
US Farathane LLC Term Loan B 1st Lien F/R 12-23-2021 179,400 242 0.0%
US LBM Holdings LLC Term Loan 1st Lien F/R 08-20-2022 3,967,685 5,354 0.3%
Valeant Pharmaceuticals International Inc. 105,750 2,059 0.1%
Valeant Pharmaceuticals International Inc. 5.625% 12-01-2021 Callable 144A 2,124,000 2,217 0.1%
VCVH Holding Corp. Term Loan 1st Lien F/R 05-10-2023 1,625,925 2,182 0.1%
Veresen Inc. 403,843 5,294 0.3%
Verizon Communications Inc. 2.625% 08-15-2026 Callable 2026 5,490,000 6,786 0.4%
Videotron Ltee 5.625% 06-15-2025 Callable 2025 10,638,000 10,979 0.6%
Videotron Ltee 5.75% 01-15-2026 Callable 2020 1,620,000 1,680 0.1%
Visa Inc. Class A 51,400 5,388 0.3%
VRX Escrow Corp. 5.875% 05-15-2023 Callable 2018 144A 2,740,000 2,777 0.2%
Wajax Corp. 6.125% 10-23-2020 Callable 2017 3,010,000 3,057 0.2%
WellDyneDx Inc. Term Loan 1st Lien F/R 10-12-2023 1,570,000 2,046 0.1%
Wells Fargo & Co. 167,500 12,403 0.7%
Wells Fargo & Co. 2.51% 10-27-2023 1,950,000 1,917 0.1%
Wells Fargo & Co. 2.975% 05-19-2026 Series MPLE 3,790,000 3,696 0.2%
Westcoast Energy Inc. 5.20% Cum. Red. First Pfd. Series 12 38,220 986 0.1%
Western Refining Inc. Term Loan B2 1st Lien F/R 05-27-2023 2,394,000 3,239 0.2%
WestJet Airlines Ltd. 177,989 4,101 0.2%
Windstream Services LLC Term Loan 1st Lien F/R 03-18-2021 570,000 771 0.0%
Winnebago Industries Inc. Term Loan B 1st Lien F/R 11-02-2023 2,570,000 3,453 0.2%
Total Investments -- 1,690,962 97.6%
Cash & Equivalents -- 34,971 2.0%
Currency Hedge Contracts -- -2,596 -0.1%
Other Assets (Liabilities) -- 8,231 0.5%
Total Net Assets -- 1,731,568 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of February 28, 2017
  • Regional Allocation
      Canada
    EQ : 25.4% | FI : 21.5%
    46.9%
      United States
    EQ : 14.0% | FI : 22.8%
    36.8%
      Other
    EQ : 8.3% | FI : 3.5%
    11.8%
      United Kingdom
    EQ : 2.0%
    2.0%
      Germany
    EQ : 1.6%
    1.6%
      Luxembourg
    FI : 0.6%
    0.6%
      Portugal
    FI : 0.6%
    0.6%
      Cash & Equivalents -0.3%
  • Sector Allocation
      Fixed Income 48.5%
      Financials 14.1%
      Industrials 6.4%
      Energy 6.2%
      Consumer Staples 5.2%
      Information Technology 4.8%
      Health Care 3.6%
      Materials 3.5%
      Consumer Discretionary 3.1%
      Other 1.8%
      Telecommunication Serv. 1.6%
      Real Estate 1.5%
      Cash & Equivalents -0.3%
Credit Allocation (%)
AAA 9.8%
AA 2.1%
A 2.2%
BBB 6.3%
BB 7.2%
B 14.9%
C 4.1%
NR 2.4%
Cash & Equivalents -0.3%
Equities 51.2%

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).