Fund Portfolio – Mackenzie USD Ultra Short Duration Income Fund Series D | Mackenzie Investments

Mackenzie USD Ultra Short Duration Income Fund Series D

Asset Class: Global Fixed Income

Major Holdings (%) Help Top holdings by percentage

As of April 30, 2018
Major holdings represent 19.9% of the fund.
View all holdings
Total # of
Equity Holdings
5
Total # of
Fixed Income Holdings
144
Holding name, country and sector Percentage of holding in fund
Vancouver City Savings Credit Union F/R 04-10-2019
Canada | Corporate - Non Convertible
2.5%
Wells Fargo Bank National Association F/R 12-06-2019
United States | Corporate - Non Convertible
2.4%
Manulife Bank of Canada F/R 01-27-2020 Callable 2019
Canada | Corporate - Non Convertible
2.2%
HSBC Holdings PLC F/R 05-25-2021
United Kingdom | Corporate - Non Convertible
2.0%
Bank of Montreal F/R 12-12-2019
Canada | Corporate - Non Convertible
1.9%
Danske Bank AS F/R 09-06-2019
Denmark | Corporate - Non Convertible
1.9%
Anheuser-Busch InBev Worldwide Inc. 2.20% 08-01-2018
Belgium | Corporate - Non Convertible
1.9%
Royal Bank of Canada F/R 12-07-2018
Canada | Corporate - Non Convertible
1.9%
Dollarama Inc. F/R 03-16-2020
Canada | Corporate - Non Convertible
1.6%
John Deere Canada Funding Inc. F/R 09-21-2020
United States | Corporate - Non Convertible
1.6%

Complete Fund Holdings Help Full holdings list

As of February 28, 2018
Holding Name No. of Shares/Units Market Value CAD (000s) % of NAV
AbbVie Inc. 1.80% 05-14-2018 150,000 150 1.7%
Aercap Ireland Capital Designated Activity Co. 3.75% 05-15-2019 150,000 151 1.7%
American Express Credit Corp. F/R 05-03-2019 Callable 2019 150,000 150 1.7%
American Honda Finance Corp. F/R 11-05-2021 150,000 150 1.7%
Amgen Inc. 1.90% 05-10-2019 120,000 119 1.3%
Anheuser-Busch InBev Worldwide Inc. 2.20% 08-01-2018 200,000 200 2.3%
Apple Inc. F/R 05-06-2019 120,000 120 1.4%
Arch Merger Sub Inc. 8.50% 09-15-2025 Callable 2020 20,000 19 0.2%
Artis Real Estate Investment Trust 3.753% 03-27-2019 80,000 63 0.7%
Artis Real Estate Investment Trust F/R 02-07-2020 150,000 117 1.3%
AT&T Inc. 2.30% 03-11-2019 120,000 120 1.4%
ATS Consolidated Inc. Term Loan B 1st Lien F/R 02-23-2025 10,000 10 0.1%
Aviva PLC 4.50% 05-10-2021 70,000 57 0.6%
Bank of America Corp. F/R 07-21-2021 Callable 2020 120,000 121 1.4%
Bank of Montreal 2.27% 07-11-2022 10,000 8 0.1%
Bank of Montreal 3.32% 06-01-2026 70,000 55 0.6%
Bank of Montreal F/R 12-12-2019 200,000 201 2.3%
Barclays PLC 2.00% 03-16-2018 200,000 200 2.3%
Berkshire Hathaway Inc. F/R 08-06-2018 150,000 150 1.7%
BMW Canada Inc. F/R 06-14-2019 200,000 157 1.8%
BP Capital Markets PLC 1.38% 05-10-2018 150,000 150 1.7%
Brookfield Asset Management Inc. Pfd. Series 46 759 15 0.2%
Brookfield Asset Management Inc. Pfd. Series 48 211 4 0.0%
Brookfield Renewable Partners LP Pfd. Series 11 814 16 0.2%
BWAY Holding Co. 7.25% 04-15-2025 20,000 21 0.2%
Camelot Finance LP Term Loan 1st Lien F/R 10-03-2023 19,751 20 0.2%
Can Am Construction Inc./Canada Term Loan B 1st Lien F/R 07-01-2024 9,950 10 0.1%
Canada Goose Inc. Term Loan 1st Lien F/R 12-22-2021 10,000 10 0.1%
Canadian Imperial Bank of Commerce 3.00% 10-28-2024 Callable 2019 110,000 86 1.0%
Canadian Imperial Bank of Commerce F/R 01-17-2019 150,000 117 1.3%
Careerbuilder LLC Term Loan 1st Lien F/R 07-31-2023 9,875 10 0.1%
Caterpillar Financial Services Corp. 1.70% 06-16-2018 150,000 150 1.7%
Central 1 Credit Union F/R 02-05-2021 30,000 23 0.3%
Chassix Inc. Term Loan B 1st Lien F/R 11-10-2023 10,000 10 0.1%
Citigroup Inc. F/R 09-01-2023 Callable 2022 150,000 156 1.8%
Comfort Holding LLC Term Loan 1st Lien F/R 02-05-2024 9,925 10 0.1%
Commonwealth Bank of Australia 1.375% 09-06-2018 150,000 149 1.7%
Danske Bank AS F/R 09-06-2019 200,000 201 2.3%
Daseke Inc. Term Loan 1st Lien F/R 02-27-2024 9,956 10 0.1%
Digicert Holdings Inc. Term Loan 1st Lien F/R 09-20-2024 50,000 51 0.6%
Dollarama Inc. F/R 03-16-2020 150,000 118 1.3%
Dominion Energy Inc. 1.88% 01-15-2019 120,000 119 1.3%
EagleTree-Carbide Acquisition Corp. Term Loan 1st Lien F/R 08-28-2024 9,975 10 0.1%
Ecolab Inc. 2.00% 01-14-2019 120,000 120 1.3%
Enbridge Inc. 3.19% 12-05-2022 90,000 71 0.8%
EnerCare Solutions Inc. 3.38% 02-21-2022 Callable 2022 30,000 24 0.3%
Envigo Holdings Inc. Term Loan B 1st Lien F/R 12-14-2023 10,000 10 0.1%
Ford Auto Securitization Trust 1.42% 04-15-2021 17-R2 110,000 85 1.0%
Ford Credit Canada Co. F/R 12-01-2020 30,000 23 0.3%
Fortified Trust 1.67% 07-23-2021 10,000 8 0.1%
FXI Holdings Inc. 7.88% 11-01-2024 Callable 2020 20,000 20 0.2%
Gaz Metro Inc. 1.52% 05-25-2020 10,000 8 0.1%
General Electric Co. 5.63% 05-01-2018 150,000 151 1.7%
Gibson Energy Inc. 5.25% 07-15-2024 Callable 2020 REGS 20,000 16 0.2%
Gilead Sciences Inc. 1.85% 09-04-2018 120,000 120 1.4%
Green Plains Inc. Term Loan B 1st Lien F/R 08-29-2023 9,975 10 0.1%
Greenhill & Co. Inc. Term Loan B 1st Lien F/R 10-12-2022 10,000 10 0.1%
HCN Canadian Holdings-1 LP 3.35% 11-25-2020 50,000 40 0.4%
Heathrow Funding Ltd. 4.00% 07-03-2019 200,000 159 1.8%
HSBC Holdings PLC F/R 05-25-2021 200,000 208 2.3%
Hyster-Yale Group Inc. Term Loan B 1st Lien F/R 05-30-2023 9,750 10 0.1%
iQor US Inc. Term Loan B 1st Lien F/R 04-01-2021 4,936 5 0.1%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $85.00 Exp. 03-16-2018 10 0.0%
iShares iBoxx $ High Yield Corporate Bond ETF Put Option @ $86.00 Exp. 03/16/2018 10 1 0.0%
Itron Inc. 5.00% 01-15-2026 Callable 2021 20,000 20 0.2%
Jane Street Group LLC Term Loan B 1st Lien F/R 08-25-2022 9,875 10 0.1%
John Deere Canada Funding Inc. F/R 09-21-2020 150,000 117 1.3%
JPMorgan Chase & Co. F/R 01-23-2020 100,000 101 1.1%
KEMET Corp. Term Loan B 1st Lien F/R 04-26-2024 9,750 10 0.1%
Kraft Foods Group Inc. 6.13% 08-23-2018 120,000 122 1.4%
Laurentian Bank of Canada F/R 04-24-2019 150,000 150 1.7%
LifeMiles Ltd. Term Loan B 1st Lien F/R 08-18-2022 9,750 10 0.1%
Manulife Bank of Canada F/R 06-01-2018 200,000 156 1.8%
Mattamy Group Corp. 6.50% 10-01-2025 Callable 2020 5,000 4 0.0%
McAfee LLC Term Loan B 1st Lien F/R 09-30-2024 49,875 50 0.6%
Medtronic Inc. 1.50% 03-15-2018 150,000 150 1.7%
Meredith Corp. Term Loan B 1st Lien F/R 01-18-2025 10,000 10 0.1%
Morgan Stanley F/R 01-27-2020 100,000 102 1.1%
Neenah Foundry Co. Term Loan B 1st Lien F/R 12-08-2022 5,000 5 0.1%
NextEra Energy Capital Holding Inc. 1.65% 09-01-2018 150,000 149 1.7%
Nissan Motor Acceptance Corp. F/R 01-13-2020 150,000 151 1.7%
OCI Beaumont LLC Term Loan B 1st Lien F/R 02-16-2025 10,000 10 0.1%
Office Depot Inc. Term Loan B 1st Lien F/R 11-08-2022 10,000 10 0.1%
Osteon Merger Sub Inc. Term Loan B 1st Lien F/R 02-06-2025 10,000 10 0.1%
PepsiCo Inc. F/R 04-30-2018 120,000 120 1.4%
PepsiCo Inc. F/R 10-04-2019 130,000 130 1.5%
PNI Canada Acquireco Corp. Term Loan B 1st Lien F/R 08-23-2022 9,975 10 0.1%
Prospect Medical Holdings Inc. Term Loan B 1st Lien F/R 02-15-2024 10,000 10 0.1%
PSC Industrial Outsourcing LP Term Loan B 1st Lien F/R 10-05-2024 50,000 51 0.6%
QCP SNF West 8.125% 11-01-2023 Callable 2019 5,000 5 0.1%
Red Ventures LLC Term Loan B 1st Lien F/R 11-08-2024 9,975 10 0.1%
Research Now Group Inc. Term Loan 1st Lien F/R 12-20-2024 10,000 10 0.1%
Rogers Communications Inc. 6.80% 08-15-2018 250,000 255 2.9%
Royal Bank of Canada 2.00% 03-21-2022 10,000 8 0.1%
Royal Bank of Canada of New York F/R 12-07-2018 200,000 200 2.3%
Sinclair Television Group Inc. Term Loan B 1st Lien F/R 12-12-2024 10,000 10 0.1%
SmartCentres Real Estate Investment Trust F/R 12-21-2020 40,000 31 0.4%
SNC-Lavalin Group Inc. 2.69% 11-24-2020 10,000 8 0.1%
SNC-Lavalin Group Inc. F/R 03-02-2021 30,000 23 0.3%
Source Energy Services Canada LP 10.50% 12-15-2021 Callable 2018 41,000 35 0.4%
Source Energy Services Ltd. 385 2 0.0%
Staples Inc. Term Loan 1st Lien F/R 08-15-2024 9,975 10 0.1%
State Street Corp. F/R 08-18-2020 120,000 122 1.4%
Superior Plus LP 5.25% 02-27-2024 Callable 2020 20,000 16 0.2%
Syniverse Holdings Inc. Term Loan 1st Lien F/R 02-09-2023 10,000 10 0.1%
Talen Energy Supply LLC 9.50% 07-15-2022 Callable 2020 10,000 10 0.1%
The Bank of Nova Scotia 1.90% 12-02-2021 DPNT 10,000 8 0.1%
The Goldman Sachs Group Inc. F/R 12-13-2019 150,000 151 1.7%
The Toronto-Dominion Bank 2.63% 09-10-2018 150,000 150 1.7%
Toyota Motor Credit Corp. F/R 10-18-2019 150,000 151 1.7%
TransAlta Corp. Pfd. Series A 713 8 0.1%
TransCanada Corp. Pfd. Series 15 1,104 22 0.3%
Traverse Midstream Partners LLC Term Loan B 1st Lien F/R 09-21-2024 10,000 10 0.1%
Trico Products Corp. Term Loan 1st Lien F/R 02-02-2024 10,000 10 0.1%
Verizon Communications Inc. F/R 03-16-2022 120,000 123 1.4%
Vistage Worldwide Inc. Term Loan 1st Lien F/R 02-01-2025 10,000 10 0.1%
Wells Fargo Bank National Association F/R 12-06-2019 250,000 252 2.8%
Westpac Banking Corp. F/R 03-06-2020 120,000 121 1.4%
Williams Scotsman International Inc. 7.88% 12-15-2022 Callable 2019 15,000 16 0.2%
YRC Worldwide Inc. Term Loan 1st Lien F/R 07-21-2022 5,955 6 0.1%
Zotec Partners LLC Term Loan 1st Lien F/R 02-09-2024 10,000 10 0.1%
Total Investments -- 8,364 94.7%
Cash & Equivalents -- 453 4.7%
Currency Hedge Contracts -- 6 0.1%
Other Assets (Liabilities) -- 45 0.5%
Total Net Assets -- 8,868 100.0%

Asset Allocation (%) Help Holdings by region and sector

As of April 30, 2018
  • Regional Allocation
      United States
    48.4%
      Canada
    29.7%
      United Kingdom
    5.5%
      Australia
    2.6%
      Germany
    2.2%
      Belgium
    1.9%
      Denmark
    1.9%
      Netherlands
    1.6%
      Other
    1.5%
      Chile
    1.4%
      Cash & Equivalents 3.3%
  • Sector Allocation
      Corporate Bonds 89.2%
      Bank Loans 6.8%
      Cash & Equivalents 3.3%
      Equities 0.5%
      Federal Bonds 0.2%

Other Global Fixed Income Funds

Portfolio Managers

Felix Wong, MBA, CFA

Vice President, Portfolio Manager

Mackenzie Fixed Income Team

Investment experience since 1988

Closed to new investments in registered plans.

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 Index is an unmanaged index comprised of U.S. dollar denominated investment grade corporate debt securities publicly issued in the U.S. domestic market with less than one year remaining term to final maturity.

†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.