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$-0.01 | -0.04% | 0.54%

Net Assets

Jan 17, 2020

C$219,001,875

Units Outstanding

Jan 17, 2020

10,500,000

Risk Tolerance

Low

Fund Risk Measures

(3 years) | (Dec 31, 2019)

  • Annualized Standard Deviation

    3.400

  • Annualized Standard Deviation Benchmark

    3.620

  • Alpha

    0.290

  • Beta

    0.930

  • R2

    0.970

  • Sharpe Ratio

    0.740

Management Fee | MER

Sep 30, 2019

0.40% | 0.45%

Benchmark*

FTSE CANADA UNIVERSE BOND INDEX

NAV

C$21.41 | C$19.80

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 (Dec 31, 2019)

2.45%

Distribution Yield (Dec 31, 2019)

4.74%

Last Paid Distribution (Jan 10, 2020)

C$0.082

Record Date

Dec 31, 2019

Distribution Frequency

Monthly

Effective Duration (Dec 31, 2019)

7.76 years

Weighted Average Maturity (Dec 31, 2019)

10.64 years

Weighted Average YTM (Dec 31, 2019)

2.47%

Weighted Average Coupon (Dec 31, 2019)

2.93%

Commentary

Commentary

Quarterly Commentaries

Read the latest Mackenzie Team commentaries to learn about their analysis of key market risks and opportunities. For select funds, quarterly reviews of performance and market conditions are also available.
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.

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.