Fund Portfolio – Mackenzie US All Cap Growth Fund Series F | Mackenzie Investments

Mackenzie US All Cap Growth Fund Series F

Asset Class: US Equity

Major Holdings (%) Help Top holdings by percentage

As of June 30, 2019
Major holdings represent 39% of the fund.
View all holdings
Total # of
Equity Holdings
57
Holding name, country and sector Percentage of holding in fund
Microsoft Corp
United States | Systems Software
7.9%
Amazon.com Inc
United States | Internet & Direct Mkt Retail
5.5%
Apple Inc
United States | Technology Hardware, Storage & Peripherals
4.5%
Alphabet Inc
United States | Interactive Media & Services
4.3%
Visa Inc
United States | Data Prcssg & Outsourced Svcs
3.7%
PayPal Holdings Inc
United States | Data Prcssg & Outsourced Svcs
3.4%
UnitedHealth Group Inc
United States | Managed Health Care
2.5%
Danaher Corp
United States | Health Care Equipment
2.5%
American Tower Corp
United States | Specialized REITs
2.3%
Home Depot Inc/The
United States | Home Improvement Retail
2.3%

Complete Fund Holdings Help Full holdings list

As of April 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
Adobe Systems Inc. 47,500 18,407 2.3%
AIA Group Ltd. 455,000 6,213 0.8%
Alphabet Inc. Class C 24,670 39,281 4.9%
Amazon.com Inc. 15,137 39,069 4.8%
American Tower Corp. Class A 71,300 18,656 2.3%
Apple Inc. 141,720 38,101 4.7%
BioMarin Pharmaceutical Inc. 58,700 6,726 0.8%
Booking Holdings Inc. 2,756 6,849 0.8%
Burlington Stores Inc. 34,400 7,785 1.0%
Charter Communications Inc. Class A 33,951 16,884 2.1%
CoStar Group Inc. 17,971 11,948 1.5%
Danaher Corp. 108,600 19,270 2.4%
Dassault Systemes SA 35,055 7,431 0.9%
DocuSign Inc. 96,091 7,296 0.9%
Envestnet Inc. 49,200 4,679 0.6%
Facebook Inc. 42,503 11,013 1.4%
Fortive Corp. 68,900 7,970 1.0%
HEICO Corp. 71,100 10,052 1.2%
Honeywell International Inc. 55,800 12,980 1.6%
ICU Medical Inc. 16,526 5,037 0.6%
IDEXX Laboratories Inc. 37,160 11,550 1.4%
Intercontinental Exchange Inc. 141,500 15,422 1.9%
Intuitive Surgical Inc. 10,150 6,944 0.9%
Liberty Braves Group Class A 245,600 9,332 1.2%
Linde PLC 71,600 17,292 2.1%
Live Nation Entertainment Inc. 169,728 14,858 1.8%
Lonza Group AG 15,159 6,274 0.8%
Lululemon Athletica Inc. 31,200 7,371 0.9%
MarketAxess Holdings Inc. 16,700 6,227 0.8%
McCormick & Co. Inc. non-voting 61,600 12,707 1.6%
Mettler-Toledo International Inc. 7,900 7,888 1.0%
Microsoft Corp. 347,300 60,767 7.9%
Netflix Inc. 20,100 9,978 1.2%
Nike Inc. Class B 149,900 17,639 2.2%
NVIDIA Corp. 17,200 4,171 0.5%
Okta Inc. 42,205 5,882 0.7%
PayPal Holdings Inc. 183,900 27,784 3.4%
Pinterest Inc. 175,795 7,296 0.9%
Planet Fitness Inc. 101,500 10,294 1.3%
Raymond James Financial Inc. 32,800 4,024 0.5%
Raytheon Co. 32,500 7,733 1.0%
RealPage Inc. 142,900 12,484 1.5%
RingCentral Inc. Class A 50,400 7,858 1.0%
Roper Technologies Inc. 20,300 9,783 1.2%
Salesforce.com Inc. 92,600 20,513 2.5%
ServiceNow Inc. 27,600 10,040 1.2%
T-Mobile USA Inc. 66,200 6,474 0.8%
The Boeing Co. 18,200 9,209 1.1%
The Home Depot Inc. 63,100 17,220 2.1%
The Madison Square Garden Co. Class A 31,200 13,060 1.6%
The Sherwin-Williams Co. 20,100 12,248 1.5%
TransDigm Group Inc. 13,000 8,404 1.0%
Trimble Inc. 98,300 5,376 0.7%
Union Pacific Corp. 69,000 16,366 2.0%
UnitedHealth Group Inc. 64,400 20,109 2.5%
Vertex Pharmaceuticals Inc. 33,500 7,584 0.9%
Visa Inc. Class A 133,300 29,365 3.6%
Wal-Mart Stores Inc. 49,000 6,751 0.8%
Waste Connections Inc. 86,100 10,701 1.3%
Worldpay Inc. 60,200 9,453 1.2%
Total Investments -- 800,078 99.1%
Cash & Equivalents -- 5,601 0.7%
Currency Hedge Contracts -- 52 0.0%
Other Assets (Liabilities) -- 1,587 0.2%
Total Net Assets -- 807,318 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of May 31, 2019
  • Regional Allocation
      United States
    93.0%
      Ireland
    2.2%
      Canada
    1.4%
      France
    0.9%
      Switzerland
    0.8%
      Hong Kong
    0.7%
      Cash & Equivalents 1.0%
  • Sector Allocation
      Information Technology 33.8%
      Communication Serv. 15.6%
      Consumer Discretionary 13.6%
      Industrials 12.5%
      Health Care 11%
      Financials 4.1%
      Materials 3.7%
      Real Estate 2.6%
      Consumer Staples 2.1%
      Cash & Equivalents 1%

Other US Equity Funds

Portfolio Managers

Richard Bodzy, MBA

Portfolio Manager

Putnam Investments Inc.

Investment experience since 2004

Formerly known as Mackenzie US Large Cap Growth Fund
Fund Risk Measures:
  • Annualized Standard Deviation: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the fund have historically been less volatile and vice-versa. Standard deviation is a measure of historical risk; future risk may be different.
  • Annualized Standard Deviation Benchmark: A measure of how widely returns varied over a period. A lower standard deviation means the returns of the benchmark have historically been less volatile, and vice-versa.
  • Alpha: A measure of the difference between a portfolio's actual return and its expected return given its level of risk. Risk is measured by beta. A positive number indicates that it has performed better than beta would predict.
  • Beta: A measure of the tendency of the value of the fund and the value of the benchmark to move together. The market has a beta of 1. If beta of a fund is higher than 1, the movement in value compared to the benchmark tends to be amplified. A beta less than 1 means the movement in value tends to be dampened.
  • R2: A measure that represents the percentage of a fund's movements that can be attributed to movements of a benchmark index.
  • Sharpe Ratio: A measure of how much of a fund's excess return is achieved for a certain level of risk. The greater a fund's Sharpe Ratio, the higher the risk-adjusted returns.

Effective June 1, 2018, the management fee and/or administration fee of series F, PW, PWB, PWT, PWFB, and PWX of the fund was reduced. The new fees will not be fully reflected in the current MER until the semi-annual MER for the period ended September 30, 2019.

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 S&P 500 Index is a market capitalization weighted index of 500 widely held securities, designed to measure broad U.S. equity performance.

†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.