Mackenzie US Small-Mid Cap Growth Fund Series F

US Equity

Compound Annualized Returns 09/30/2023 Calendar Year Returns (%) 09/30/2023 Key Fund Data
NAME PERCENT VALUE A
bar
chart
illustrating
the
returns
for
the
fund
over
the
past
10
calendar
years,
as
at
September 30, 2023.
2013 11.09%,
2014 40.02%,
17.29%,
2015 10.00%,

1 Month -3.7%
2016
2017
2018
2019
2020 12.52%,
12.20%,
21.76%,
13.00%,
2021
2022
YTD 19.55%,
-16.52%,
0.96%.

Total Fund Assets: $2.9 billion

3 Months -2.9%
Year-to-date 1.0%
NAVPS (09/29/2023): C$50.61 US$37.28
1 Year 3.9% MER (as of Mar. 2023): F: 1.05% A: 2.53%
2 Years -5.3% Management Fee: F: 0.80% A: 2.00%
3 Years 6.2%
5 Years 4.6%
0 Benchmark**: Russell 2500
10 Years 10.9% Last Paid Distribution:
Since inception (Jan. 2003) 10.3% SERIES FREQUENCY AMOUNT DATE
F Annually 2.4982 12/23/2022
Regional Allocation 08/31/2023
A Annually 1.4400 12/23/2022
CASH & EQUIVALENTS Value of $10,000 invested 09/30/2023 FB Annually 0.6147 12/23/2022
Cash & Equivalents 5.2% A
line
chart
illustrating
the
growth
of
$10,000
invested
in
the
fund
starting
September 30, 2013.
At
September 29, 2023,
the
investment
would
be
worth
$28,149.

PW Annually 0.6389 12/23/2022

OVERALL
PWFB Annually 0.5700 12/23/2022
United States 94.8%
Sector Allocation 08/31/2023 Fund Codes:
SERIES (C$) PREFIX FE BE * LL2 * LL3 *
NAME PERCENT VALUE

Information Technology 27.5%

Industrials 23.9% F MFC 8625 — — —
Health Care 23.1% A MFC 8622 8623 8658 8627
Real Estate 5.9% FB MFC 8642 — — —
Consumer Discretionary 5.3% PW MFC 8650 — — —
Cash & Equivalents 5.2% PWFB MFC 8656 — — —
Consumer Staples 4.8% SERIES (US$) PREFIX FE BE * LL2 * LL3 *
Financials 4.3% F MFC 8629 — — —
Major Holdings*** 08/31/2023
Portfolio Managers A MFC 8628 8632 8659 8633
Major Holdings Represent 45.5% of the fund FB MFC 8643 — — —
Mackenzie Growth Team NAME PERCENT VALUE

PW MFC 8653 — — —
Maximus Inc 4.8%
Phil Taller, Sonny Aggarwal, John Lumbers Parsons Corp 4.8% PWFB MFC 8657 — — —
Grocery Outlet Holding Corp 4.8% Additional fund series available at
Akamai Technologies Inc 4.8% mackenzieinvestments.com/fundcodes
Westinghouse Air Brake Technologies Corp 4.6%
Tenable Holdings Inc 4.4% Morningstar Equity Investment Style
Markel Group Inc 4.3%
The
fund’s
investment
style
is
considered
aGROWTH
MEDIUM
CAP.

Cirrus Logic Inc 4.3% VALUE BLEND GROWTH

iRhythm Technologies Inc 4.3% LARGE CAP
ExlService Holdings Inc 4.3% MEDIUM CAP
TOTAL NUMBER OF EQUITY HOLDINGS: 35 SMALL CAP

Fund Risk Measures (3 year) 09/29/2023 Why Invest in this fund?

Annual Std Dev 13.90 Beta 0.74 ■
Access mid-cap stocks that can offer a unique risk-return
B’mark Annual Std 16.63 R-squared 0.82 ‘sweet spot’ between fast-growing small businesses and
Dev. Sharpe Ratio 0.32 mature large companies.
Alpha -0.97 ■
Gain exposure to innovative, secular growth businesses
Source: Mackenzie Investments offering robust return potential across market cycles.
■
Active management seeking alpha through in-depth research
in a sparsely covered small- and mid-cap equity universe.
Risk Tolerance
The
fund
is
rated
as
Medium
risk.

LOW MEDIUM HIGH

* Effective June 1, 2022, the redemption charge purchase option, and the low-load purchase option are no longer available for purchase, including those made through systematic purchase plans such as pre-
authorized contribution plans. Switching from securities of a Mackenzie Fund previously purchased under the redemption charge or low-load purchase options to securities of another Mackenzie Fund, under the
same purchase option, will continue to be available until such redemption schedules expire.
** The Russell 2500 Index measures the performance of the small- to mid-cap segment of the U.S. equity universe. The Index is a subset of the Russell 3000 Index. It includes approximately 2,500 of the smallest

securities based on a combination of their market capitalization and current index membership.
*** 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.

For detailed portfolio manager commentary, visit mackenzieinvestments.com/fundcodes