Asset Class Canadian Fixed Income

MKB

Mackenzie Core Plus Canadian Fixed Income ETF

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$0.06 | 0.27% | 8.88%

Net Assets

Jul 7, 2020

C$309,856,736

Units Outstanding

Jul 7, 2020

13,900,000

Risk Tolerance

Low

Fund Risk Measures

(3 years) | (May 31, 2020)

  • Annualized Standard Deviation

    4.460

  • Annualized Standard Deviation Benchmark

    4.540

  • Alpha

    0.530

  • Beta

    0.970

  • R2

    0.980

  • Sharpe Ratio

    0.760

Management Fee | MER

Sep 30, 2019

0.40% | 0.45%

Benchmark*

FTSE CANADA UNIVERSE BOND INDEX

NAV

C$22.29 | C$20.64

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 (May 31, 2020)

2.16%

Distribution Yield (May 31, 2020)

2.00%

Last Paid Distribution (Jun 9, 2020)

C$0.039

Record Date

Jun 2, 2020

Distribution Frequency

Monthly

Effective Duration (May 31, 2020)

8.39 years

Weighted Average Maturity (May 31, 2020)

10.61 years

Weighted Average YTM (May 31, 2020)

1.95%

Weighted Average Coupon (May 31, 2020)

2.67%

Commentary

Performance

Portfolio

Maturity

Historical Data

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.