Asset Class Canadian Fixed Income

MKB

Mackenzie Core Plus Canadian Fixed Income ETF

Nav: May 10, 2021

C$21.30

Market Price: May 10, 2021

C$21.33

Why invest in this fund?

  • Designed to achieve the best return while maintaining a risk profile expected from a quality bond portfolio. 
  • Expanded investable universe creates greater yield opportunities while maintaining an overall credit quality of A- or better. 
  • Core Plus strategy is further supported by active Management and the portfolio manager’s ability to potentially outperform less flexible products. 

Key Facts

NAV Changes $ | % | YTD

C$-0.03 | -0.12% | -4.05%

Net Assets

May 10, 2021

C$562,321,490

Units Outstanding

May 10, 2021

26,400,000

Risk Tolerance

Low

Fund Risk Measures

(3 years) | (Mar 31, 2021)

  • Annualized Standard Deviation

    4.580

  • Annualized Standard Deviation Benchmark

    4.730

  • Alpha

    0.920

  • Beta

    0.960

  • R2

    0.980

  • Sharpe Ratio

    0.740

Management Fee | MER

Mar 31, 2020

0.40% | 0.45%

Benchmark*

FTSE CANADA UNIVERSE BOND INDEX

NAV

C$22.60 | C$21.26

Inception Date

Apr 19, 2016

Management Style

Active

Eligible for Registered Plans

Yes

CUSIP

55452R107

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

ETF Characteristics

Trailing 12 - Month Yield (Mar 31, 2021)

2.23%

Distribution Yield (Mar 31, 2021)

2.27%

Last Paid Distribution (May 11, 2021)

C$0.035

Record Date

May 4, 2021

Distribution Frequency

Monthly

Effective Duration (Mar 31, 2021)

5.58 years

Weighted Average Maturity (Mar 31, 2021)

10.91 years

Weighted Average YTM (Mar 31, 2021)

2.42%

Weighted Average Coupon (Mar 31, 2021)

2.61%

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.