Asset Class Canadian Fixed Income

MCSB

Mackenzie Canadian Short Term Fixed Income ETF

Nav: Jul 7, 2020

C$20.43

Market Price: Jul 7, 2020

C$20.42

Why invest in this fund?

  • Maximize income while limiting duration risk.
  • Exposure to higher average credit quality.
  • Short duration alternative to GICs.

Key Facts

NAV Changes $ | % | YTD

C$0.02 | 0.10% | 2.95%

Net Assets

Jul 7, 2020

C$18,382,589

Units Outstanding

Jul 7, 2020

900,000

Risk Tolerance

Low

Management Fee | MER

Sep 30, 2019

0.35% | 0.39%

Benchmark*

FTSE CANADA SHORT TERM OVERALL BOND INDEX

NAV

C$20.43 | C$19.60

Inception Date

Nov 22, 2017

Management Style

Active

Eligible for Registered Plans

Yes

CUSIP

55452Q109

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

ETF Characteristics

Trailing 12 - Month Yield (May 31, 2020)

2.08%

Distribution Yield (May 31, 2020)

2.28%

Last Paid Distribution (Jun 9, 2020)

C$0.044

Record Date

Jun 2, 2020

Distribution Frequency

Monthly

Effective Duration (May 31, 2020)

3.20 years

Weighted Average Maturity (May 31, 2020)

4.31 years

Weighted Average YTM (May 31, 2020)

1.86%

Weighted Average Coupon (May 31, 2020)

2.76%

Commentary

Insights

Fund feature page

Learn how this Fund can be a valuable component for the construction of your clients’ portfolios.

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Commentary

Monthly Commentaries

Mackenzie Investments publishes regular commentaries to help advisors make sense of the markets, review the recent performances of funds and anticipate future outlooks. Read the latest monthly commentaries for more information.

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Performance

Portfolio

Maturity

Historical Data

Resources

Fund Materials

Regulatory Documents

Investment Teams

Mackenzie Fixed Income Team

The Mackenzie Fixed Income Team covers a broad range of debt securities and conducts proprietary analysis. Economic analysis helps shape the context for valuing government and corporate sectors.