Flexible fixed income
means staying ahead of the curve

New takes on fixed income

Targeting predictable, lower risk income

Why Mackenzie Fixed Income?

Today’s evolving markets need flexible fixed income solutions that seek to provide value over and above yield. We’ve always believed that fixed income doesn’t need to be fixed, and that greater flexibility may help deliver advantages that go beyond traditional fixed income investing.

Flexible strategies

Our team offers comprehensive fixed income options across all market cycles that aim to deliver attractive yield and returns, with less risk. Our products offer choice including mutual funds, ETFs, alternatives and private credit.

Integrated and modern mindsets

Our experienced team applies its expertise to analyze global fixed income securities, rates, currencies and credit quality, capitalizing on our best ideas using a non-siloed approach that enables flexibility across all strategies.

Innovative and non-traditional approaches

The team’s goal is to maximize returns with innovative, non-traditional fixed income strategies and a flexible global approach, while using a proprietary ESG integration process as part of its credit analysis.

Featured Funds

Fixed income

Mackenzie Target 2027 North American IG Corporate Bond Fund and ETF (MTBA)

Mackenzie Target 2029 North American IG Corporate Bond Fund and ETF (MTBB)

By holding bonds to maturity, these strategies offer predictability, minimized risk and principal safety within a time frame to match an investor’s timelines and objectives. Also available in an ETF version.

Fixed income

Mackenzie AAA CLO ETF (MAAA)

Secure attractive yields without compromising on credit quality by investing in AAA-rated tranches of collateralized loan obligations. 

Sustainable Investing

A look inside sustainable bonds

Konstantin Boehmer, SVP, Portfolio Manager, Head of Fixed Income offers a view into sustainable bonds, the various types and their growth. Learn more about our sustainable investing solutions.

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Compare, contrast, build

Use Precision analytics to compare strengths of various funds and find the right one for your client.

Insights and education

Insight Article

What does it take to be a $1 billion fixed income ETF?

The Mackenzie Unconstrained Bond ETF (MUB) is one of only nine actively managed fixed income ETFs in Canada with more than $1 billion in assets.

Insight Article

Capitalizing on opportunities across the capital structure

Hybrid securities offer diversification benefits without compromising on overall credit quality, presenting an attractive rating arbitrage opportunity for investors. 

Insight PDf

Account for the real return of a GIC

The low-risk profile of a GIC can appear attractive at first glance, especially during volatile markets. However, when you account for tax and inflation factors, the real return of a GIC has often been negative throughout history.

Insight PDf

Spotlight on sustainability-linked debt

The gradual increase of green bond issuance through the 2010s accelerated into a tidal wave of ESG-labelled debt issuance in the early 2020s.

Understanding Fixed Income

Fixed Income team provides an overview of fixed income investing fundamentals and breaks down key concepts in this series of short videos.

View educational videos

Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.

FundGrade A+® is used with permission from Fundata Canada Inc., all rights reserved. The annual FundGrade A+® Awards are presented by Fundata Canada Inc. to recognize the “best of the best” among Canadian investment funds. The FundGrade A+® calculation is supplemental to the monthly FundGrade ratings and is calculated at the end of each calendar year. The FundGrade rating system evaluates funds based on their risk-adjusted performance, measured by Sharpe Ratio, Sortino Ratio, and Information Ratio. The score for each ratio is calculated individually, covering all time periods from 2 to 10 years. The scores are then weighted equally in calculating a monthly FundGrade. The top 10% of funds earn an A Grade; the next 20% of funds earn a B Grade; the next 40% of funds earn a C Grade; the next 20% of funds receive a D Grade; and the lowest 10% of funds receive an E Grade. To be eligible, a fund must have received a FundGrade rating every month in the previous year. The FundGrade A+® uses a GPA-style calculation, where each monthly FundGrade from “A” to “E” receives a score from 4 to 0, respectively. A fund’s average score for the year determines its GPA. Any fund with a GPA of 3.5 or greater is awarded a FundGrade A+® Award. For more information, see www.FundGradeAwards.com. Although Fundata makes every effort to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Fundata.

Mackenzie Core Plus Canadian Fixed Income ETF (MKB) was recognized for outstanding fund performance at the 2023 Fundata FundGrade A+ Awards in the Canadian Fixed Income category out of a total of 311 funds. Performance for the fund for the period ended December 31, 2023 is as follows: 6.3% (1 year), -2.6% (3 years), 1.7% (5 years), and 1.9% (since inception- April 2016).

Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP) was recognized for outstanding fund performance at the 2023 Fundata FundGrade A+ Awards in the Global Fixed Income category out of a total of 219 funds. Performance for the fund for the period ended December 31, 2023 is as follows: 3.1% (1 year), -1.5% (3 years), 2.5% (5 years), and 1.8% (since inception- January 2018).