Fund Portfolio – Mackenzie USD Global Strategic Income Fund Series A MFC4825 MFC4826 MFC7246 MFC4827 | Mackenzie Investments

Mackenzie USD Global Strategic Income Fund Series A

Asset Class: Global Balanced

Major Holdings (%) Help Top holdings by percentage

As of August 31, 2019
Major holdings represent 16.2% of the fund.
View all holdings
Total # of
Equity Holdings
86
Total # of
Fixed Income Holdings
285
Holding name, country and sector Percentage of holding in fund
United States Treasury 1.01% 02-15-2048 Inflation Indexed
United States | Foreign Governments
2.7%
United States Treasury 0.75% 07-15-2028 Inflation Indexed
United States | Foreign Governments
1.9%
United States Treasury 2.38% 05-15-2029
United States | Foreign Governments
1.8%
Government of Japan 0% 11-11-2019
Japan | Foreign Governments
1.7%
Nestle SA
Switzerland | Packaged Foods & Meats
1.6%
Microsoft Corp
United States | Systems Software
1.5%
European Investment Bank 0.13% 06-20-2029
Luxembourg | Supra - National
1.4%
Becton Dickinson and Co
United States | Health Care Equipment
1.3%
Safran SA
France | Aerospace & Defense
1.3%
Deutsche Boerse AG
Germany | Financial Exchanges & Data
1.2%

Complete Fund Holdings Help Full holdings list

As of June 30, 2019
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
407 International Inc. 3.14% 03-06-2030 Callable 2029 10,000 8 0.0%
407 International Inc. 3.60% 05-21-2047 Callable 30,000 25 0.1%
407 International Inc. 3.65% 09-08-2044 Callable MTN 10,000 8 0.0%
407 International Inc. 3.67% 03-08-2049 Callable 2048 20,000 17 0.0%
407 International Inc. 3.72% 05-11-2048 Callable 2047 70,000 60 0.1%
AbbVie Inc. 2,700 196 0.4%
Abu Dhabi National Energy Co. 3.63% 06-22-2021 200,000 203 0.4%
Acproducts Inc. Term Loan 1st Lien F/R 02-14-2024 19,875 19 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 9,925 10 0.0%
Aena SA 2,400 476 1.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 16,385 16 0.0%
AIA Group Ltd. 22,800 246 0.5%
Aimco Realty Investors LP 2.712% 06-01-2029 Callable 2029 30,000 23 0.0%
Air Liquide SA 3,380 473 1.0%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 19,850 20 0.0%
Alcami Carolinas Corp. Term Loan 1st Lien F/R 07-06-2025 9,950 10 0.0%
Alchemy US Holdco LLC Term Loan B 1st Lien F/R 10-01-2025 9,875 10 0.0%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 170,000 138 0.3%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 19,950 20 0.0%
Allergan PLC 2,900 486 1.0%
AltaGas Ltd. Pfd. Series K 1,336 21 0.0%
AltaLink LP 3.72% 12-03-2046 Callable MTN 153,000 132 0.3%
Altria Group Inc. 5,100 241 0.5%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 50,000 38 0.1%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 10,000 10 0.0%
Apple Inc. 1,600 317 0.7%
Apple Inc. 2.51% 08-19-2024 Callable 2024 350,000 272 0.6%
Asahi Group Holdings Ltd. 4,600 207 0.4%
Asian Development Bank 6.00% 02-24-2021 5,500,000 79 0.2%
AT&T Inc. 2.85% 05-25-2024 10,000 8 0.0%
AT&T Inc. 4.00% 11-25-2025 Callable 2025 20,000 16 0.0%
AT&T Inc. 4.35% 03-01-2029 Callable 2028 10,000 11 0.0%
Atlas Copco AB A 7,500 240 0.5%
B3 SA- Brasil Bolsa Balcao 20,855 203 0.4%
Baker Hughes a GE Co. 6,500 160 0.3%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 9,900 10 0.0%
Bank of America Corp. F/R 02-07-2022 Callable 2021 200,000 229 0.5%
Bank of America Corp. F/R 04-25-2025 Callable 2024 30,000 23 0.0%
Bank of America Corp. F/R 09-20-2025 Callable 2024 20,000 16 0.0%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 9,072 9 0.0%
Bayer AG 3,317 230 0.5%
BCPE Cycle Merger Sub II Inc. 10.63% 07-15-2027 Callable 2022 144A 40,000 41 0.1%
Becton, Dickinson and Co. 2,600 655 1.4%
Boardriders Inc. Term Loan B 1st Lien F/R 03-21-2024 29,700 29 0.1%
BP Capital Markets PLC 3.47% 05-15-2025 10,000 8 0.0%
Brenntag AG 5,500 271 0.6%
British American Tobacco PLC 6,800 237 0.5%
Broadcom Inc. 1,200 345 0.7%
Brookfield Asset Management Inc. Pfd. Series 46 824 15 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 809 14 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 80,000 64 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 140,000 111 0.2%
Brookfield Renewable Partners LP Pfd. Series 11 2,317 38 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 40,000 33 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 70,000 55 0.1%
Bruce Power LP 3.97% 06-23-2026 30,000 25 0.1%
Bulldog Purchaser Inc. Delayed Draw Term Loan 1st Lien F/R 08-31-2025 381 0.0%
Bulldog Purchaser Inc. Term Loan B 1st Lien F/R 08-31-2025 9,571 9 0.0%
BWAY Holding Co. 7.25% 04-15-2025 144A 50,000 48 0.1%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 9,950 9 0.0%
Cabot Oil & Gas Corp. 4,700 108 0.2%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 19,875 20 0.0%
California Resources Corp. 8.00% 12-15-2022 Callable 2019 144A 30,000 23 0.0%
Calpine Corp. 5.25% 06-01-2026 Callable 2021 40,000 40 0.0%
Camelot Finance SA 7.875% 10-15-2024 Callable 2019 20,000 21 0.0%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 49,198 48 0.1%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 30,000 25 0.1%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 60,000 48 0.1%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 20,000 16 0.0%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 29,063 29 0.1%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 39,500 39 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 30,000 24 0.1%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 9,950 10 0.0%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 10,000 9 0.0%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 15,000 12 0.0%
Cisco Systems Inc. 4,700 257 0.5%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 40,000 40 0.1%
City of Oslo F/R 05-06-2026 2,000,000 236 0.5%
CME Group Inc. 2,400 466 1.0%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 150,000 158 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 130,000 139 0.3%
Commonwealth of Bahamas 6.95% 11-20-2029 70,000 78 0.2%
CommScope Inc. Term Loan B2 1st Lien F/R 02-07-2026 10,000 10 0.0%
CommScope Technologies Finance LLC 8.25% 03-01-2027 Callable 2022 144A 20,000 20 0.0%
Compagnie Financière Richemont SA 3,100 263 0.5%
Concrete Pumping Merger Sub Inc. Term Loan 1st Lien F/R 11-14-2025 9,875 10 0.0%
Constellation Brands Inc. Class A 1,700 335 0.7%
Conterra Ultra Broadband Holdings Inc. Term Loan B 1st Lien F/R 04-26-2026 10,000 10 0.0%
Cordelio Amalco GP I 4.09% 06-30-2034 30,000 24 0.1%
Cordelio Amalco GP I 4.09% 09-30-2034 19,184 16 0.0%
Corporacion Andina de Fomento 3.25% 02-11-2022 20,000 20 0.0%
Corporacion Andina de Fomento 4.375% 06-15-2022 70,000 74 0.2%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 19,500 19 0.0%
Currency Call Option EUR/CNH 07-28-2019 Strike $8.00 2,000,000 1 0.0%
Currency Call Option EUR/USD 07-22-2019 Strike $1.16 2,070,000 2 0.0%
Currency Call Option GBP/USD 08-01-2019 Strike $1.295 1,500,000 3 0.0%
Currency Put Option USD/CAD 07-05-2019 Strike $1.3250 480,000 6 0.0%
Currency Put Option USD/CAD 07-11-2019 Strike $1.3050 3,000,000 9 0.0%
Dentsply Sirona Inc. 8,700 508 1.1%
Deutsche Boerse AG 4,200 594 1.2%
Diageo PLC 5,800 249 0.5%
DNB Boligkreditt AS 2.00% 05-28-2020 250,000 250 0.5%
Eagle Credit Card Trust 2.15% 09-17-2020 100,000 76 0.2%
Eagle Credit Card Trust 2.63% 10-17-2022 20,000 16 0.0%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 29,525 29 0.1%
Eastern Power LLC Term Loan B 1st Lien F/R 10-02-2023 9,690 10 0.0%
Electrical Components International Inc. Term Loan 1st Lien F/R 06-22-2025 19,800 18 0.0%
Emera Inc. 2.90% 06-16-2023 40,000 31 0.1%
Enbridge Inc. 4.57% 03-11-2044 30,000 25 0.1%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 160,000 121 0.3%
Enbridge Inc. F/R 04-12-2078 Callable 2028 80,000 66 0.1%
ENC Holding Corp. Term Loan 1st Lien F/R 05-30-2025 9,929 10 0.0%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 30,000 23 0.0%
EnerCare Solutions Inc. 3.99% 02-21-2024 Callable 2023 30,000 24 0.0%
Ensono LP Term Loan 1st Lien F/R 04-30-2025 9,925 10 0.0%
EnTrans International LLC Term Loan 1st Lien F/R 10-29-2025 9,625 10 0.0%
EPCOR Utilities Inc. 3.11% 07-08-2049 Callable 2049 30,000 23 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 30,000 25 0.1%
Equifax Inc. 3,300 446 0.9%
Eurofins Scientific 500 221 0.5%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 80,000 65 0.1%
Fairfax Financial Holdings Ltd. 4.23% 06-14-2029 Callable 2029 10,000 8 0.0%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 50,000 39 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 40,000 49 0.1%
Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 60,000 46 0.1%
Federative Republic of Brazil 10.00% 01-01-2029 40,000 126 0.3%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 19,950 20 0.0%
First Quantum Minerals Ltd. 7.25% 04-01-2023 Callable 2019 144A 20,000 19 0.0%
Fortress Transportation and Infrastructure Investors LLC 6.50% 10-01-2025 Callable 2021 10,000 10 0.0%
Foundation Building Materials LLC Term Loan B 1st Lien F/R 05-11-2025 9,950 10 0.0%
Fresenius US Finance II Inc. 4.25% 02-01-2021 125,000 128 0.3%
Frontera Generation Holdings LLC Term Loan B 1st Lien F/R 04-25-2025 9,925 10 0.0%
Fusion Connect Inc. Term Loan 1st Lien F/R 06-03/2019 400 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 9,823 7 0.0%
Fusion Connect Inc. Term Loan DIP 1st Lien F/R 10-03-2019 1,000 1 0.0%
Futures Contracts -98 -0.2%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 144A 10,000 9 0.0%
Gaz Metro Inc. 1.52% 05-25-2020 10,000 8 0.0%
General Electric Co. 8.35% 09-03-2022 1,000,000 52 0.1%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 43,000 34 0.1%
GLOBALFOUNDRIES Inc. Term Loan B 1st Lien F/R 05/24/2026 30,000 30 0.1%
Government of Australia 3.25% 04-21-2029 480,000 396 0.8%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 70,000 72 0.2%
Government of Bermuda 4.13% 01-03-2023 200,000 208 0.4%
Government of Bermuda 4.85% 02-06-2024 120,000 130 0.3%
Government of Cayman Islands 5.95% 11-24-2019 200,000 207 0.4%
Government of Chile 4.00% 03-01-2023 40,000,000 62 0.1%
Government of Chile 4.50% 03-01-2021 75,000,000 114 0.2%
Government of Dominican Republic 7.50% 05-06-2021 86,667 91 0.2%
Government of El Salvador 7.38% 12-01-2019 150,000 151 0.3%
Government of Japan 0% 08-13-2019 90,000,000 835 1.7%
Government of Mexico 7.50% 06-03-2027 5,760,000 300 0.6%
Greater Toronto Airports Authority 2.73% 04-03-2029 Callable 2029 10,000 8 0.0%
Hadrian Merger Sub Inc. 8.50% 05-01-2026 Callable 2021 144A 51,000 49 0.1%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 9,926 10 0.0%
Hannover Rueckversicherung SE Reg. 700 113 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 60,000 48 0.1%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 40,000 32 0.1%
Heathrow Funding Ltd. 4.875% 07-15-2021 100,000 104 0.2%
Heineken Holding NV A 3,700 388 0.8%
Honeywell International Inc. 2,300 402 0.8%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 28,276 28 0.1%
HSBC Holdings PLC 22,000 184 0.4%
Hydro One Inc. 2.54% 04-05-2024 Callable 2024 30,000 23 0.0%
Hydro One Inc. 3.72% 11-18-2047 20,000 17 0.0%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 19,000 18 0.0%
II-VI Inc. Term Loan B 1st Lien F/R 05-08-2026 20,000 20 0.0%
Imagine! Print Solutions Inc. Term Loan 1st Lien F/R 06-21-2022 68,717 58 0.1%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 19,950 19 0.0%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 10,000 10 0.0%
Intelsat Jackson Holdings SA 8.50% 10-15-2024 Callable 2020 144A 30,000 30 0.1%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 30,000 23 0.0%
Inter Pipeline Ltd. 3.48% 12-16-2026 Callable 2026 10,000 8 0.0%
Inter Pipeline Ltd. F/R 03-26-2079 Callable 2029 10,000 8 0.0%
Inter-American Development Bank 7.88% 03-14-2023 1,220,000,000 90 0.2%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 29,775 29 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 9,950 10 0.0%
International Finance Corp. 7.00% 07-20-2027 9,470,000 474 1.0%
International Finance Corp. 8.38% 05-31-2029 4,000,000 215 0.4%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 51,272 50 0.1%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 19,000 15 0.0%
iShares Barclays Capital TB ETF Put Option @ $116.00 Exp. 09-20-2019 40 0.0%
iShares Barclays Capital TB ETF Put Option @ $117.00 Exp. 09-20-2019 40 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 07-19-2019 80 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 07-19-2019 40 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.50 Exp. 07-19-2019 60 2 0.0%
iShares J.P. Morgan USD Emerging Markets Bond ETF 1,000 113 0.2%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 20,000 16 0.0%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 19,950 20 0.0%
Japan Exchange Group Inc. 19,200 305 0.6%
Johnson & Johnson 3,200 446 0.9%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 9,750 9 0.0%
JPMorgan Chase & Co. 4,500 503 1.1%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 9,900 10 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 19,825 19 0.0%
Keyence Corp. 300 184 0.4%
Keyera Corp. F/R 06-13-2079 Callable 2029 20,000 15 0.0%
KFW 3.75% 05-29-2020 250,000 171 0.4%
Kinder Morgan Inc. 24,100 503 1.1%
Kommunalbanken AS 2.13% 02-11-2025 200,000 202 0.4%
Koninklijke Philips NV 10,887 473 1.0%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 10,000 7 0.0%
LABL Escrow Issuer LLC 10.50% 07-15-2027 Callable 2022 144A 44,000 44 0.1%
LABL Escrow Issuer LLC 6.75% 07-15-2026 Callable 2022 144A 9,000 9 0.0%
Landshypotek Bank AB F/R 10-25-2021 2,000,000 219 0.5%
Linde PLC 1,100 221 0.5%
Lockheed Martin Corp. 1,200 436 0.9%
London Stock Exchange Group PLC 4,100 286 0.6%
Mackenzie Floating Rate Income ETF 6,322 101 0.2%
Mackenzie International Dividend Fund Series R 19,301 182 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 6,267 48 0.1%
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) 2,301 172 0.4%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 7,390 576 1.2%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 30,000 24 0.0%
Matterhorn Merger Sub LLC 8.50% 06-01-2026 Callable 2021 144A 20,000 18 0.0%
McDermott Technology Americas Inc. Term Loan B 1st Lien F/R 04-05-2025 9,726 10 0.0%
McDonald's Corp. 1,300 270 0.6%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 17,362 17 0.0%
Micro Focus International PLC 14,652 384 0.8%
Microsoft Corp. 5,300 710 1.5%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 19,950 20 0.0%
Moody's Corp. 2,000 391 0.8%
Morgan Stanley 3.00% 02-07-2024 60,000 47 0.1%
Mowi ASA 8,800 206 0.4%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 30,000 0.0%
Multi-Color Corp. Term Loan B 1st Lien F/R 06-17-2026 10,000 10 0.0%
Murata Manufacturing Co. Ltd. 3,200 144 0.3%
MyNEXUS Inc. Term Loan 1st Lien F/R 06-19-2024 10,000 10 0.0%
Natel Engineering Co. Inc. Term Loan B 1st Lien F/R 04-29-2026 10,000 10 0.0%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 8,653 9 0.0%
Nestlé SA Reg. 7,000 725 1.5%
New Oriental Education & Technology Group Inc. ADR 2,200 212 0.4%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 10,000 10 0.0%
Nexstar Escrow Inc. 5.63% 07-15-2027 Callable 2022 144A 9,000 9 0.0%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 30,000 0.0%
Nike Inc. Class B 1,900 160 0.3%
Nine Energy Service Inc. 8.75% 11-01-2023 Callable 2020 144A 30,000 29 0.1%
Nokia OYJ 44,700 222 0.5%
Norbord Inc. 5.75% 07-15-2027 Callable 2022 144A 10,000 10 0.0%
Northern Trust Corp. 2,400 216 0.5%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 29,993 26 0.1%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 20,000 16 0.0%
Novo Nordisk AS B 7,700 392 0.8%
Nykredit Realkredit AS F/R 07-01-2019 2,000,000 215 0.4%
Oaktree Capital Group LLC 7,100 352 0.7%
Occidental Petroleum Corp. 5,100 256 0.5%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 9,875 10 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 11,836 12 0.0%
OMERS Finance Trust 2.60% 05-14-2029 40,000 31 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 70,000 57 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 35,000 28 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 10,000 9 0.0%
Oracle Corp. 4,300 245 0.5%
Otsuka Corp. 5,100 205 0.4%
Owens & Minor Inc. Term Loan B 1st Lien F/R 05-01-2025 29,775 25 0.1%
Panther BF Aggregator 2 LP 8.50% 05-15-2027 Callable 2022 144A 50,000 51 0.1%
Panther BF Aggregator 2 LP Term Loan B 1st Lien F/R 03-18-2026 10,000 10 0.0%
Parkland Fuel Corp. 5.75% 09-16-2024 Callable 2019 60,000 47 0.1%
Parkland Fuel Corp. 5.88% 07-15-2027 Callable 2022 144A 2,000 2 0.0%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 9,000 9 0.0%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 40,000 32 0.1%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 20,000 16 0.0%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 100,000 82 0.2%
PepsiCo Inc. 2.50% 11-01-2022 100,000 133 0.3%
PepsiCo Inc. 3.00% 10-15-2027 Callable 2027 225,000 234 0.5%
Pernod Ricard SA* 1,200 221 0.5%
Petroleos De Venezuela SA 6.00% 05-16-2024 20,000 5 0.0%
Petroleos Mexicanos 6.50% 01-23-2029 30,000 29 0.1%
Philip Morris International Inc. 5,700 448 0.9%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 20,000 19 0.0%
Pluto Acquisition I Inc. Term Loan 1st Lien F/R 06-18-2026 10,000 10 0.0%
Polymer Process Holdings Inc. Term Loan 1st Lien F/R 04-29-2026 10,000 10 0.0%
Project Leopard Holdings Inc. Term Loan 1st Lien F/R 07-07-2023 19,900 20 0.0%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 19,750 19 0.0%
Province of Alberta 2.20% 06-01-2026 330,000 255 0.5%
Province of Newfoundland 3.00% 06-02-2026 80,000 64 0.1%
Province of Newfoundland 3.70% 10-17-2048 20,000 18 0.0%
Province of Ontario 1.875% 05-21-2020 100,000 100 0.2%
Province of Ontario 2.65% 12-02-2050 20,000 16 0.0%
Province of Ontario 2.70% 06-02-2029 20,000 16 0.0%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 9,925 10 0.0%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 49,375 49 0.1%
Queensland Treasury Corp. 2.75% 08-20-2027 800,000 605 1.3%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 60,000 55 0.1%
Radiate Holdco LLC Term Loan 1st Lien F/R 02-01-2024 10,000 10 0.0%
Reliance Intermediate Holdings LP 6.50% 04-01-2023 Callable 2020 144A 10,000 10 0.0%
Republic of Argentina 5.88% 01-11-2028 190,000 144 0.3%
Republic of Argentina 6.88% 01-11-2048 35,000 26 0.1%
Republic of South Africa 8.00% 01-31-2030 4,250,000 285 0.6%
Rite Aid Corp. 7.70% 02-15-2027 125,000 75 0.2%
Roche Holding AG Genusscheine 1,600 450 0.9%
Rogers Communications Inc. 3.25% 05-01-2029 Callable 2029 30,000 23 0.0%
Russian Federal Loan Bond - OFZ 7.05% 01-19-2028 18,500,000 289 0.6%
Sabre Corp. 9,666 215 0.4%
Safran SA 4,300 630 1.3%
Sands China Ltd. 55,300 264 0.6%
SAP AG 3,200 439 0.9%
Saudi Arabian Oil Co. 2.88% 04-16-2024 144A 230,000 232 0.5%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 17,459 18 0.0%
Schlumberger Ltd. 4,400 175 0.4%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 20,000 22 0.0%
Sika AG 2,500 427 0.9%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 18,763 18 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 9,900 10 0.0%
Skandiabanken Aktiebolag F/R 03-02-2022 2,000,000 219 0.5%
Sony Corp. 5,200 272 0.6%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 46,000 33 0.1%
Source Energy Services Ltd. 385 0.0%
Spirit AeroSystems Inc. 3.95% 06-15-2023 Callable 2023 20,000 21 0.0%
SS&C Technologies Inc. Term Loan B5 1st Lien F/R 04-16-2025 9,924 10 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 9,548 10 0.0%
Starbucks Corp. 4,800 402 0.8%
Stars Group Holdings BV 7.00% 07-15-2026 Callable 2021 144A 10,000 11 0.0%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 9,171 9 0.0%
Sun Life Financial Inc. F/R 02-19-2026 Callable 2021 20,000 15 0.0%
Suncor Energy Inc. 3.10% 05-24-2029 Callable 2029 30,000 23 0.0%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 20,000 15 0.0%
Superior Plus LP 7.00% 07-15-2026 Callable 2021 144A 10,000 10 0.0%
Suzuki Motor Corp. 3,800 179 0.4%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 40,000 32 0.1%
Taiwan Semiconductor Manufacturing Co. Ltd. 29,700 229 0.5%
TC Energy Corp. Pfd. Series 15 1,569 30 0.1%
Telus Corp. 2.75% 07-08-2026 20,000 15 0.0%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 20,000 16 0.0%
Tencent Holdings Ltd. 6,700 302 0.6%
Teva Pharmaceutical Industries Ltd. 2.80% 07-21-2023 35,000 30 0.1%
Texas Instruments Inc. 2,300 264 0.6%
The Bank of Nova Scotia 2.29% 06-28-2024 20,000 15 0.0%
The Bank of Nova Scotia 2.98% 04-17-2023 30,000 24 0.0%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 170,000 116 0.2%
The Goldman Sachs Group Inc. F/R 10-28-2027 Callable 2026 200,000 204 0.4%
The Korea Development Bank 5.13% 11-13-2020 200,000 139 0.3%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 15,938 16 0.0%
The Sherwin-Williams Co. 1,100 504 1.1%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 23,900 24 0.0%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 10,000 9 0.0%
TMX Group Ltd. 2.30% 12-11-2024 Callable 2024 10,000 8 0.0%
TMX Group Ltd. 3.78% 06-05-2028 Callable 2028 30,000 25 0.1%
Total Return Swap BKLN 05-10-2019 -1 0.0%
Total Return Swap EMB 06-12-2019 3 0.0%
TransAlta Corp. Pfd. Series A 2,017 17 0.0%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 30,000 24 0.1%
TransCanada PipeLines Ltd. 3.69% 07-19-2023 20,000 16 0.0%
TransCanada Trust F/R 05-18-2077 Callable 2027 40,000 29 0.1%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 30,000 28 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 600,000 466 1.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-30-2023 97,818 97 0.2%
Trulieve Cannabis Corp. 9.75% 06-18-2024 10,000 10 0.0%
Trulieve Cannabis Corp. Warrants Exp.06-18-2022 210 0.0%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 29,077 29 0.1%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 28,580 27 0.1%
Unilever NV CVA 5,300 323 0.7%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 19,800 16 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 20,000 17 0.0%
United States Treasury 0.13% 07-15-2024 Inflation Indexed 130,000 140 0.3%
United States Treasury 0.50% 01-15-2028 Inflation Indexed 550,000 579 1.2%
United States Treasury 0.50% 04-15-2024 Inflation Indexed 220,000 226 0.5%
United States Treasury 0.75% 07-15-2028 Inflation Indexed 880,000 934 1.9%
United States Treasury 0.87% 01-15-2029 Inflation Indexed 410,000 432 0.9%
United States Treasury 1.00% 02-15-2049 Inflation Indexed 260,000 280 0.6%
United States Treasury 1.01% 02-15-2048 Inflation Indexed 1,090,000 1,189 2.5%
United States Treasury 1.88% 02-28-2022 100,000 100 0.2%
United States Treasury 2.13% 02-29-2024 100,000 102 0.2%
United States Treasury 2.38% 04-30-2026 220,000 227 0.5%
United States Treasury 2.75% 02-15-2028 30,000 32 0.1%
United States Treasury 2.88% 08-15-2028 80,000 86 0.2%
United States Treasury 2.88% 09-30-2023 30,000 31 0.1%
United States Treasury 2.88% 10-31-2023 10,000 10 0.0%
United Technologies Corp. 3,600 469 1.0%
US Renal Care Inc. Term Loan B 1st Lien F/R 06-14-2026 20,000 20 0.0%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 40,000 36 0.1%
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 12,900 448 0.9%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 19,900 19 0.0%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 9,900 10 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 10,000 8 0.0%
Visa Inc. Class A 2,300 399 0.8%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 9,875 10 0.0%
Vodafone Group PLC 3.75% 01-16-2024 20,000 21 0.0%
Volkswagen Financial Services NV 1.75% 04-17-2020 50,000 64 0.1%
VVC Holding Corp. Term Loan B 1st Lien F/R 02-07-2026 30,000 30 0.1%
Vyaire Medical Inc. Term Loan B 1st Lien F/R 04-06-2025 19,800 18 0.0%
Wells Fargo & Co. 5,800 274 0.6%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 40,000 31 0.1%
Welltower Inc. 4.13% 03-15-2029 Callable 2028 20,000 21 0.0%
Werner FinCo LP Term Loan 1st Lien F/R 06-23-2024 98,496 95 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 30,000 32 0.1%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 29,625 27 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 15,349 15 0.0%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 19,375 19 0.0%
Total Investments -- 46,177 93.6%
Cash & Equivalents -- 1,728 6.4%
Currency Hedge Contracts -- -135 -0.3%
Other Assets (Liabilities) -- 121 0.3%
Total Net Assets -- 47,891 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of August 31, 2019
  • Regional Allocation
      United States
    EQ : 25.8% | FI : 20.0%
    45.8%
      Other
    EQ : 14.6% | FI : 13.9%
    28.5%
      Canada
    FI : 7.5%
    7.5%
      Switzerland
    EQ : 3.6%
    3.6%
      United Kingdom
    EQ : 3.2%
    3.2%
      Germany
    EQ : 3.2%
    3.2%
      Australia
    FI : 1.9%
    1.9%
      Japan
    FI : 1.7%
    1.7%
      Cash & Equivalents 4.6%
  • Sector Allocation
      Fixed Income 44.9%
      Information Technology 9.2%
      Financials 8.6%
      Health Care 7.9%
      Consumer Staples 7%
      Industrials 6.7%
      Cash & Equivalents 4.6%
      Consumer Discretionary 4.4%
      Materials 3%
      Energy 2.6%
      Communication Serv. 0.6%
      Other 0.5%
Credit Allocation (%)
AAA 5.5%
AA 15.5%
A 9.3%
BBB 5.8%
BB 3.6%
B 4.1%
CCC & Below 0.7%
NR 0.3%
Cash & Equivalents 4.7%
Equities 50.6%

Other Global Balanced Funds

Portfolio Managers

Steve Locke, MBA, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Fixed Income Team

Investment experience since 1995

Darren McKiernan, CFA

Senior Vice President, Portfolio Manager, Head of Team

Mackenzie Global Equity & Income Team

Investment experience since 1995

Konstantin Boehmer, MBA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 2003

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 52.5% MSCI World and 47.5% BofA Merrill Lynch Global Broad Market (Hedged to USD).

†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 ratings issued by a designated rating organization.