Mackenzie Investments Announces May 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG and QHY)
Mackenzie Investments today announced the May 2018 cash distributions for its Exchange Traded Funds (“ETFs”) listed below that trade on the Toronto Stock Exchange (TSX) and Aequitas NEO Exchange. Unitholders of record on May 23, 2018 will receive cash distributions payable on May 30, 2018.
May 16, 2018 Bookmark the Web Page, Mackenzie Investments Announces May 2018 Distributions for its Exchange Traded Funds (MGB, MUB, MFT, MKB, MHYB, MCSB, QBB, QSB, QCB, QTIP, QUIG and QHY) Add to My Bookmarks
Mackenzie Investments announced a change today to the portfolio management for its emerging markets offerings, effective May 17.
Michael Cooke, Mackenzie’s Head of Exchange Traded Funds, discusses positioning client portfolios against geopolitical uncertainty and a robust economy.
US equities have performed well to the end of the third quarter. The Russell 2500 TR index returned 11.0% in US Dollars (3.0% in Canadian Dollars). Year to date the market continued to be led by Health Care and Technology, but in the third quarter there was a rebound in the more cyclical sectors.
The number of countries now participating in the current global economic expansion reached levels last seen in the mid-2000s. With such breadth, the global economy is now lifting PMI and other leading indicators higher, confirming the early sign that the global economy has reached a point where growing capital expenditures can be sustained.
The third quarter of 2017 started where the month of June ended with a negative return of 0.71% for the CFE category for the month of July. Luckily, the next two months were both positive, allowing the CFE Category to return +2.06% for the Quarter.