Mackenzie Investments announces distributions for its Active Exchange Traded Funds (MKB, MUB, MFT, MGB)
Mackenzie Financial Corporation (Mackenzie Investments) has announced the April 2017 cash distributions for its Active Exchange Traded Funds (ETFs) that trade on the Toronto Stock Exchange (TSX). Unitholders of record on April 28, 2017, will receive cash distributions payable on May 5, 2017.
Movin Mokbel, Portfolio Manager on the Mackenzie Fixed Income Team, discusses the impact of rates on the Mackenzie Floating Rate Income Fund.
April 21, 2017
Dina DeGeer and David Arpin of the Mackenzie Canadian Growth Team explain their take on the relative performance of growth and value investing styles.
Most major global equity markets delivered positive returns over the quarter, in a post US election rally. Fixed income markets, conversely, saw a sharp sell-off. In our view, although market valuations appear to be higher than long term historical averages, they remain within reasonable ranges, given the low level of inflation and interest rates globally.
The fourth quarter of 2016 showed positive market returns in each of the three months, which was unexpected due to the tremendous uncertainty entering the US Presidential Election. The markets cheerfully welcomed President-Elect Trump, with the S&P 500 rallying 3.8% from the election to the end of the year.
Central Banks have given us a lot to think about over the last few years with respect to yield curves and positioning fixed income portfolios.