Fund Portfolio – Mackenzie USD Global Strategic Income Fund Series PW MFC6536 | Mackenzie Investments

Mackenzie USD Global Strategic Income Fund Series PW

Asset Class: Global Balanced

Major Holdings (%) Help Top holdings by percentage

As of July 31, 2019
Major holdings represent 15.3% of the fund.
View all holdings
Total # of
Equity Holdings
85
Total # of
Fixed Income Holdings
287
Holding name, country and sector Percentage of holding in fund
United States Treasury 1.01% 02-15-2048 Inflation Indexed
United States | Foreign Governments
2.4%
United States Treasury 0.75% 07-15-2028 Inflation Indexed
United States | Foreign Governments
1.9%
Government of Japan 0% 08-13-2019
Japan | Foreign Governments
1.7%
Nestle SA
Switzerland | Packaged Foods & Meats
1.5%
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%
United States Treasury 0.87% 01-15-2029
United States | Foreign Governments
1.3%
Safran SA
France | Aerospace & Defense
1.2%
Deutsche Boerse AG
Germany | Financial Exchanges & Data
1.2%

Complete Fund Holdings Help Full holdings list

As of May 31, 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 24 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 16 0.0%
407 International Inc. 3.72% 05-11-2048 Callable 2047 70,000 57 0.1%
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 20,000 19 0.0%
Aegis Toxicology Sciences Corp. Term Loan B 1st Lien F/R 05-09-2025 9,950 10 0.0%
Aena SA 2,400 442 1.0%
AI Ladder Luxembourg Term Loan B 1st Lien F/R 05-04-2025 16,456 16 0.0%
AIA Group Ltd. 22,800 214 0.5%
Air Liquide SA 3,380 421 0.9%
AL Midcoast Holdings LLC Term Loan B 1st Lien F/R 06-28-2025 19,900 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 9,938 10 0.0%
Algonquin Power & Utilities Corp. 4.65% 02-15-2022 170,000 133 0.3%
Allegiant Travel Co. Term Loan B 1st Lien F/R 01-29-2024 19,950 20 0.0%
Allergan PLC 3,200 390 0.9%
AltaGas Ltd. Pfd. Series K 1,336 20 0.0%
AltaLink LP 3.72% 12-03-2046 Callable MTN 153,000 124 0.3%
Altria Group Inc. 5,100 250 0.5%
Anheuser-Busch InBev Finance Inc. 2.60% 05-15-2024 Callable 2024 50,000 37 0.1%
APFS Staffing Holdings Inc. Term Loan 1st Lien F/R 04-10-2026 10,000 10 0.0%
Apple Inc. 1,600 280 0.6%
Apple Inc. 2.51% 08-19-2024 Callable 2024 350,000 262 0.6%
Asian Development Bank 5.90% 12-20-2022 14,100,000 198 0.4%
Asian Development Bank 6.00% 02-24-2021 5,500,000 78 0.2%
Asian Development Bank 6.45% 08-08-2021 1,790,000 26 0.1%
AT&T Inc. 2.85% 05-25-2024 10,000 7 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 10 0.0%
Atlas Copco AB A 7,500 202 0.4%
B3 SA- Brasil Bolsa Balcao 22,555 210 0.5%
Baker Hughes a GE Co. 7,300 156 0.3%
Ball Metalpack Finco LLC Term Loan B 1st Lien F/R 07-26-2025 9,925 10 0.0%
Bank of America Corp. F/R 02-07-2022 Callable 2021 200,000 225 0.5%
Bank of America Corp. F/R 04-25-2025 Callable 2024 30,000 22 0.0%
Bank of America Corp. F/R 09-20-2025 Callable 2024 20,000 15 0.0%
Bank of Israel 0% 11-06-2019 963,698 266 0.6%
Bausch Health Cos Inc. Term Loan B 1st Lien F/R 05-24-2025 9,250 9 0.0%
Bayer AG 3,317 196 0.4%
Becton, Dickinson and Co. 2,600 607 1.3%
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 5,500 256 0.6%
British American Tobacco PLC 6,800 237 0.5%
Broadcom Inc. 1,200 302 0.7%
Brookfield Asset Management Inc. Pfd. Series 46 824 15 0.0%
Brookfield Asset Management Inc. Pfd. Series 48 809 13 0.0%
Brookfield Infrastructure Finance ULC 4.20% 09-11-2028 Callable 2028 80,000 62 0.1%
Brookfield Renewable Energy Partners ULC 3.63% 01-15-2027 Callable 2026 140,000 107 0.2%
Brookfield Renewable Partners LP Pfd. Series 11 2,317 37 0.1%
Brookfield Renewable Partners ULC 4.25% 01-15-2029 Callable 2028 40,000 31 0.1%
Bruce Power LP 3.00% 06-21-2024 Callable 2024 70,000 53 0.1%
Bruce Power LP 3.97% 06-23-2026 30,000 24 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 20,000 19 0.0%
C&D Technologies Inc. Term Loan B 1st Lien F/R 12-13-2025 9,975 9 0.0%
Cabot Oil & Gas Corp. 4,700 118 0.3%
Calceus Acquisition Inc. Term Loan B1 1st Lien F/R 02-08-2025 19,875 20 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 49,323 48 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-02-2024 15,372 15 0.0%
Canadian National Railway Co. 3.60% 07-31-2048 Callable 2048 30,000 24 0.1%
Canadian Natural Resources Ltd. 3.55% 06-03-2024 60,000 46 0.1%
Canadian Pacific Railway Ltd. 3.15% 03-13-2029 Callable 2028 20,000 15 0.0%
CareCentrix Inc. Term Loan 1st Lien F/R 03-22-2025 29,250 29 0.1%
Casablanca US Holdings Inc. Term Loan 1st Lien F/R 03-31-2024 39,600 39 0.1%
CCL Industries Inc. 3.86% 04-13-2028 Callable 2028 30,000 23 0.1%
CCS-CMGC Holdings Inc. Term Loan 1st Lien F/R 09-25-2025 9,975 10 0.0%
CEVA Logistics Finance BV Term Loan B 1st Lien F/R 08-03-2025 10,000 10 0.0%
Chartwell Retirement Residences 4.21% 04-28-2025 Callable 2025 15,000 12 0.0%
Choice Properties Real Estate Investment Trust 3.54% 06-11-2029 Callable 2029 40,000 30 0.1%
Cisco Systems Inc. 4,700 245 0.5%
Citadel LLC Term Loan B 1st Lien F/R 02-22-2026 30,000 30 0.1%
City of Oslo F/R 05-06-2026 2,000,000 230 0.5%
CME Group Inc. 2,400 461 1.0%
Coca-Cola Femsa SAB de CV 3.88% 11-26-2023 150,000 156 0.3%
Commonwealth of Bahamas 5.75% 01-16-2024 130,000 137 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 10,000 10 0.0%
Compagnie Financière Richemont SA 3,100 228 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 1,700 300 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 15 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 73 0.2%
Crown Subsea Communications Holding Inc. Term Loan 1st Lien F/R 11-02-2025 19,750 20 0.0%
Currency Call Option EUR/USD 07-22-2019 Strike $1.16 2,070,000 1 0.0%
Currency Put Option USD/CHF 06-11-2019 Strike $1.00 1,600,000 5 0.0%
Currency Put Option USD/CNY 06-11-2019 Strike $0.995 730,000 1 0.0%
Currency Put Option USD/JPY 06-04-2019 Strike $108.75 3,100,000 14 0.0%
Dawn Acquisition LLC Term Loan 1st Lien F/R 10-25-2025 19,950 19 0.0%
Dentsply Sirona Inc. 8,700 469 1.0%
Deutsche Boerse AG 4,200 581 1.3%
Diageo PLC 5,800 244 0.5%
DNB Boligkreditt AS 2.00% 05-28-2020 250,000 249 0.5%
Eagle Credit Card Trust 2.15% 09-17-2020 100,000 74 0.2%
Eagle Credit Card Trust 2.63% 10-17-2022 20,000 15 0.0%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 29,600 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 19,850 19 0.0%
Emera Inc. 2.90% 06-16-2023 40,000 30 0.1%
Enbridge Inc. 4.57% 03-11-2044 30,000 24 0.1%
Enbridge Inc. 5.37% 09-27-2077 Callable 2027 160,000 117 0.3%
Enbridge Inc. F/R 04-12-2078 Callable 2028 80,000 63 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 23 0.1%
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 9,813 10 0.0%
EPCOR Utilities Inc. 3.55% 11-27-2047 Callable 2047 30,000 23 0.1%
Equifax Inc. 3,300 399 0.9%
Eurofins Scientific 500 227 0.5%
Exela Intermediate LLC 10.00% 07-15-2023 Callable 2020 144A 50,000 40 0.1%
Fairfax Financial Holdings Ltd. 4.25% 12-06-2027 Callable 2027 50,000 38 0.1%
Fairfax Financial Holdings Ltd. 8.30% 04-15-2026 40,000 48 0.1%
Fédération des Caisses Desjardins du Québec 2.39% 08-25-2022 60,000 45 0.1%
Federative Republic of Brazil 10.00% 01-01-2029 40,000 116 0.3%
First Eagle Holdings Inc. Term Loan B 1st Lien F/R 12-01-2024 19,950 20 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 9,975 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 300 0.0%
Fusion Connect Inc. Term Loan B 1st Lien F/R 05-03-2023 9,625 7 0.0%
Futures Contracts -120 -0.3%
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 7 0.0%
General Electric Co. 8.35% 09-03-2022 1,000,000 50 0.1%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 43,000 33 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 480,000 388 0.9%
Government of Bermuda 3.72% 01-25-2027 Callable 2026 70,000 70 0.2%
Government of Bermuda 4.13% 01-03-2023 200,000 207 0.5%
Government of Bermuda 4.85% 02-06-2024 120,000 129 0.3%
Government of Canada 1.00% 06-01-2027 40,000 29 0.1%
Government of Canada 1.50% 06-01-2026 10,000 7 0.0%
Government of Canada 1.50% 09-01-2024 40,000 30 0.1%
Government of Canada 1.75% 05-01-2021 30,000 22 0.0%
Government of Canada 2.00% 09-01-2023 30,000 23 0.0%
Government of Canada 2.25% 06-01-2029 10,000 8 0.0%
Government of Cayman Islands 5.95% 11-24-2019 200,000 206 0.5%
Government of Chile 4.00% 03-01-2023 40,000,000 58 0.1%
Government of Chile 4.50% 03-01-2021 75,000,000 108 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 Ireland 1.00% 05-15-2026 100,000 119 0.3%
Government of Jamaica 8.00% 06-24-2019 34,000 34 0.1%
Government of Japan 0% 08-13-2019 90,000,000 831 1.8%
Government of Mexico 7.50% 06-03-2027 5,760,000 285 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 21,000 20 0.0%
Halo Buyer Inc. Term Loan 1st Lien F/R 06-28-2025 9,926 10 0.0%
Hannover Rueckversicherung SE Reg. 600 90 0.2%
Heathrow Funding Ltd. 3.40% 03-08-2028 60,000 46 0.1%
Heathrow Funding Ltd. 3.79% 09-04-2030 Callable 2030 40,000 31 0.1%
Heathrow Funding Ltd. 4.875% 07-15-2021 100,000 103 0.2%
Heineken Holding NV A 3,700 366 0.8%
Honeywell International Inc. 2,300 378 0.8%
Hornblower Sub LLC Term Loan 1st Lien F/R 04-28-2025 28,276 28 0.1%
HSBC Holdings PLC 22,000 179 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 16 0.0%
IEA Energy Services LLC Term Loan 1st Lien F/R 09-25-2024 19,500 19 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 68,893 60 0.1%
Innovative Water Care Global Corp. Term Loan 1st Lien F/R 02-27-2026 20,000 19 0.0%
Institutional Shareholder Services Inc. Term Loan 1st Lien F/R 02-26-2026 10,000 10 0.0%
Inter Pipeline Ltd. 2.73% 04-18-2024 Callable 2024 30,000 22 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 87 0.2%
Interior Logic Group Holdings IV LLC Term Loan B 1st Lien F/R 05-21-2025 29,850 30 0.1%
Intermedia Holdings Inc. Term Loan B 1st Lien F/R 07-13-2025 9,975 10 0.0%
International Finance Corp. 7.00% 07-20-2027 9,470,000 446 1.0%
International Finance Corp. 8.38% 05-31-2029 4,000,000 203 0.4%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 51,406 50 0.1%
Isagenix International LLC Term Loan 1st Lien F/R 04-26-2025 19,250 15 0.0%
iShares Barclays Capital TB ETF Put Option @ $116.00 Exp. 09-20-2019 40 1 0.0%
iShares Barclays Capital TB ETF Put Option @ $117.00 Exp. 06-21-2019 100 0.0%
iShares Barclays Capital TB ETF Put Option @ $117.00 Exp. 09-20-2019 40 1 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 06-21-2019 80 4 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $84.00 Exp. 07-19-2019 80 5 0.0%
iShares J.P. Morgan USD Emerging Markets Bond ETF 1,000 110 0.2%
Ivanhoe Cambridge II Inc. 2.91% 06-27-2023 Callable 2023 20,000 15 0.0%
Jane Street Group LLC. Term Loan B 1st Lien F/R 08-25-2022 20,000 20 0.0%
Janus International Group LLC Term Loan 1st Lien F/R 02-15-2025 10,000 10 0.0%
Japan Exchange Group Inc. 19,200 298 0.7%
Johnson & Johnson 3,200 420 0.9%
JP Intermediate B LLC Term Loan 1st Lien F/R 10-19-2025 9,750 9 0.0%
JPMorgan Chase & Co. 4,500 477 1.0%
Kao Corp. 3,600 282 0.6%
Keane Group Holdings LLC Term Loan B 1st Lien F/R 05-18-2025 9,925 10 0.0%
Kestrel Acquisition LLC Term Loan B 1st Lien F/R 05-02-2025 19,875 19 0.0%
Keyence Corp. 300 170 0.4%
KFW 3.75% 05-29-2020 250,000 167 0.4%
Kinder Morgan Inc. 24,100 481 1.1%
Kindred Healthcare Inc. Term Loan B 1st Lien F/R 06-21-2025 9,950 10 0.0%
Kommunalbanken AS 2.13% 02-11-2025 200,000 200 0.4%
Koninklijke Philips NV 10,887 431 0.9%
Kruger Products LP 6.00% 04-24-2025 Callable 2021 10,000 7 0.0%
Landshypotek Bank AB F/R 10-25-2021 2,000,000 214 0.5%
Linde PLC 1,100 199 0.4%
Lockheed Martin Corp. 1,200 406 0.9%
London Stock Exchange Group PLC 4,100 274 0.6%
Mackenzie Floating Rate Income ETF 6,322 98 0.2%
Mackenzie International Dividend Fund Series R 19,301 170 0.4%
Mackenzie Unconstrained Fixed Income Fund Series R 6,267 46 0.1%
Mackenzie US High Yield Bond Index ETF (CAD-Hedged) 2,301 162 0.4%
Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) 7,390 547 1.2%
Manulife Financial Corp. F/R 05-09-2028 Callable 2023 30,000 23 0.1%
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 9,750 9 0.0%
McDonald's Corp. 1,300 258 0.6%
Meredith Corp. Term Loan B 1st Lien F/R 01-31-2025 18,958 19 0.0%
Micro Focus International PLC 14,652 355 0.8%
Microsoft Corp. 5,300 656 1.4%
Minotaur Acquisition Inc. Term Loan 1st Lien F/R 02-27-2026 20,000 20 0.0%
Moody's Corp. 2,000 366 0.8%
Morgan Stanley 3.00% 02-07-2024 60,000 45 0.1%
Mowi ASA 8,500 197 0.4%
Multi-Color Corp. Bridge Loan Exp. 02-25-2020 30,000 0.0%
Murata Manufacturing Co. Ltd. 3,200 139 0.3%
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 8,770 9 0.0%
Nestlé SA Reg. 7,000 696 1.5%
New Oriental Education & Technology Group Inc. ADR 2,200 188 0.4%
New Red Finance Inc. 5.00% 10-15-2025 Callable 2020 144A 10,000 10 0.0%
Newell Brands Inc. 4.20% 04-01-2026 Callable 2026 10,000 10 0.0%
Nexstar Media Group Inc. Bridge Loan Exp. 11-30-2019 30,000 0.0%
Nike Inc. Class B 1,900 147 0.3%
Nokia OYJ 44,700 224 0.5%
Northern Trust Corp. 2,400 205 0.5%
Nouvelle Autoroute 30 Financement Inc. 4.11% 03-31-2042 29,993 24 0.1%
Nova Scotia Power Inc. 3.57% 04-05-2049 Callable 2048 20,000 15 0.0%
Novo Nordisk AS B 7,700 363 0.8%
Nykredit Realkredit AS 1.00% 01-01-2023 1,000,000 157 0.3%
Nykredit Realkredit AS F/R 07-01-2019 2,000,000 211 0.5%
Oaktree Capital Group LLC 7,100 343 0.8%
Occidental Petroleum Corp. 4,700 234 0.5%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 9,900 10 0.0%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 12,336 12 0.0%
OMERS Finance Trust 2.60% 05-14-2029 40,000 30 0.1%
OMERS Realty Corp. 3.24% 10-04-2027 Callable 2027 70,000 55 0.1%
Ontario Power Generation Inc. 3.32% 10-04-2027 Callable 2027 35,000 27 0.1%
Ontario Power Generation Inc. 4.25% 01-18-2049 Callable 2048 10,000 8 0.0%
Oracle Corp. 5,300 268 0.6%
Otsuka Corp. 3,600 140 0.3%
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 10,000 10 0.0%
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 45 0.1%
Parkland Fuel Corp. 6.00% 04-01-2026 Callable 2021 144A 10,000 10 0.0%
Pembina Pipeline Corp. 3.54% 02-03-2025 Callable 40,000 31 0.1%
Pembina Pipeline Corp. 3.62% 04-03-2029 Callable 2029 20,000 15 0.0%
Pembina Pipeline Corp. 4.02% 03-27-2028 Callable 2027 100,000 79 0.2%
PepsiCo Inc. 2.50% 11-01-2022 100,000 132 0.3%
PepsiCo Inc. 3.00% 10-15-2027 Callable 2027 225,000 228 0.5%
Pernod Ricard SA* 1,200 212 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 30 0.1%
Philip Morris International Inc. 5,700 440 1.0%
Pisces Midco Inc. 8.00% 04-15-2026 Callable 2021 144A 20,000 18 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 19,950 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 330,000 246 0.5%
Province of Newfoundland 3.00% 06-02-2026 80,000 62 0.1%
Province of Newfoundland 3.70% 10-17-2048 20,000 17 0.0%
Province of Ontario 1.875% 05-21-2020 100,000 100 0.2%
Province of Ontario 2.70% 06-02-2029 20,000 15 0.0%
PS HoldCo LLC Term Loan 1st Lien F/R 03-02-2025 9,950 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 800,000 591 1.3%
R1 RCM Inc. Term Loan B 1st Lien F/R 05-02-2025 9,925 10 0.0%
Rackspace Hosting Inc. 8.63% 11-15-2024 Callable 2019 144A 30,000 26 0.1%
Realkredit Danmark AS 1.00% 04-01-2022 2,150,000 335 0.7%
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 190,000 132 0.3%
Republic of Argentina 6.88% 01-11-2048 35,000 24 0.1%
Republic of South Africa 8.00% 01-31-2030 4,250,000 270 0.6%
Rite Aid Corp. 7.70% 02-15-2027 125,000 75 0.2%
Roche Holding AG Genusscheine 1,600 420 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 18,500,000 272 0.6%
Sabre Corp. 9,666 196 0.4%
Safran SA 4,300 566 1.2%
Sands China Ltd. 55,300 250 0.5%
SAP AG 3,200 395 0.9%
Saudi Arabian Oil Co. 2.88% 04-16-2024 144A 230,000 229 0.5%
Savage Enterprises LLC Term Loan B 1st Lien F/R 07-02-2025 17,550 18 0.0%
Schlumberger Ltd. 3,700 128 0.3%
Sigma Bidco BV Term Loan B 1st Lien F/R 03-07-2025 20,000 22 0.0%
Sika AG 2,700 402 0.9%
SIRVA Worldwide Inc. Term Loan 1st Lien F/R 07-31-2025 18,881 19 0.0%
SIWF Holdings Inc. Term Loan 1st Lien F/R 05-25-2025 9,925 10 0.0%
Skandiabanken Aktiebolag F/R 03-02-2022 2,000,000 215 0.5%
Sony Corp. 5,200 252 0.6%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2019 46,000 32 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 9,949 10 0.0%
St. Joseph Energy Center LLC Term Loan 1st Lien F/R 04-06-2025 9,652 10 0.0%
Starbucks Corp. 5,500 418 0.9%
Stars Group Holdings BV 7.00% 07-15-2026 Callable 2021 144A 10,000 10 0.0%
Stars Group Holdings BV Term Loan B 1st Lien F/R 07-10-2025 9,275 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. 3,800 181 0.4%
Sysco Canada Inc. 3.65% 04-25-2025 Callable 2025 40,000 31 0.1%
Taiwan Semiconductor Manufacturing Co. Ltd. 28,800 215 0.5%
TC Energy Corp. Pfd. Series 15 1,569 29 0.1%
TELUS Corp. 3.30% 05-02-2029 Callable 2029 20,000 15 0.0%
Tencent Holdings Ltd. 6,700 279 0.6%
TerraForm Power Operating LLC 5.00% 01-31-2028 Callable 2027 144A 10,000 10 0.0%
Teva Pharmaceutical Industries Ltd. 2.20% 07-21-2021 5,000 5 0.0%
Texas Instruments Inc. 2,300 240 0.5%
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 23 0.1%
The Goldman Sachs Group Inc. 5.20% 12-17-2019 170,000 113 0.2%
The Goldman Sachs Group Inc. F/R 10-28-2027 Callable 2026 200,000 203 0.4%
The KeyW Holding Corp. Term Loan 1st Lien F/R 05-04-2024 9,302 9 0.0%
The Korea Development Bank 5.13% 11-13-2020 200,000 136 0.3%
The Pasha Group Term Loan B 1st Lien F/R 12-13-2022 16,719 17 0.0%
The Sherwin-Williams Co. 1,100 461 1.0%
Thor Industries Inc. Term Loan B 1st Lien F/R 11-01-2025 25,623 25 0.1%
Titan Acquisition Ltd. 7.75% 04-15-2026 Callable 2021 144A 20,000 18 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 24 0.1%
Total Return Swap BKLN 05-10-2019 -1 0.0%
Total Return Swap EMB 06-12-2019 4 0.0%
TransAlta Corp. Pfd. Series A 2,017 18 0.0%
TransCanada Pipelines Ltd. 3.39% 03-15-2028 Callable 2027 30,000 23 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 28 0.1%
Travelport Finance Luxembourg Sarl Term Loan 1st Lien F/R 03-18-2026 30,000 29 0.1%
Treasury Corp. of Victoria 3.00% 10-20-2028 600,000 454 1.0%
TricorBraun Inc. (KRAIND) Term Loan 1st Lien F/R 11-30-2023 97,818 98 0.2%
Uber Technologies Inc. Term Loan B 1st Lien F/R 07-13-2023 29,151 29 0.1%
Ultra Clean Holdings Inc. Term Loan B 1st Lien F/R 08-27-2025 29,625 29 0.1%
Unilever NV CVA 5,300 320 0.7%
Unimin Corp. Term Loan 1st Lien F/R 05-21-2025 19,850 17 0.0%
Union Gas Ltd. 3.59% 11-22-2047 Callable 2047 20,000 16 0.0%
United States Treasury 0.13% 07-15-2024 Inflation Indexed 130,000 138 0.3%
United States Treasury 0.50% 01-15-2028 Inflation Indexed 550,000 572 1.3%
United States Treasury 0.75% 07-15-2028 Inflation Indexed 880,000 923 2.0%
United States Treasury 0.87% 01-15-2029 Inflation Indexed 410,000 429 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 1,181 5.3%
United States Treasury 1.88% 02-28-2022 100,000 100 0.2%
United States Treasury 2.13% 02-29-2024 100,000 101 0.2%
United States Treasury 2.38% 04-30-2026 220,000 225 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 85 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. 3,600 455 1.0%
Vancouver Airport Authority 3.66% 11-23-2048 Callable 2048 40,000 34 0.1%
VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 5,300 175 0.4%
VeriFone Systems Inc. Term Loan 1st Lien F/R 08-09-2025 19,900 20 0.0%
Vertex Aerospace Services Corp. Term Loan B 1st Lien F/R 06-14-2025 9,920 10 0.0%
Vidéotron Ltée 5.75% 01-15-2026 Callable 2020 10,000 8 0.0%
Visa Inc. Class A 2,500 403 0.9%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 9,900 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 63 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 19,850 18 0.0%
W/S Packaging Holdings Inc. 9.00% 04-15-2023 Callable 2020 144A 20,000 22 0.0%
Wells Fargo & Co. 5,800 257 0.6%
Wells Fargo & Co. 3.19% 02-08-2024 Callable 2024 40,000 30 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 98,747 94 0.2%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 144A 30,000 31 0.1%
Yak Access LLC Term Loan B 1st Lien F/R 06-26-2025 29,625 28 0.1%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 15,490 15 0.0%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 19,500 20 0.0%
Total Investments -- 44,370 97.4%
Cash & Equivalents -- 782 1.7%
Currency Hedge Contracts -- 103 0.2%
Other Assets (Liabilities) -- 313 0.7%
Total Net Assets -- 45,568 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of July 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 6.1%
AA 14.2%
A 9.5%
BBB 5.9%
BB 3.7%
B 4.4%
CCC & Below 0.8%
NR 0.3%
Cash & Equivalents 4.6%
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

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 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.