Asset Class Global Fixed Income

MGB

Mackenzie Core Plus Global Fixed Income ETF

Why invest in this fund?

  • Uses a globally diversified approach to maximize relative value for risk across the fixed income spectrum. 
  • Aims to provide a high quality, low volatility fixed income experience that maintains an overall credit quality of A- or higher. 
  • Enhances diversification through active management to help limit downside risk and take advantage of global market opportunities. 

Key Facts

NAV Changes $ | % | YTD

C$0.00 | 0.00% | -2.49%

Net Assets

May 10, 2021

C$171,940,557

Units Outstanding

May 10, 2021

8,700,000

Risk Tolerance

Low

Fund Risk Measures

(3 years) | (Mar 31, 2021)

  • Annualized Standard Deviation

    2.960

  • Annualized Standard Deviation Benchmark

    3.240

  • Alpha

    0.020

  • Beta

    0.650

  • R2

    0.510

  • Sharpe Ratio

    0.580

Management Fee | MER

Mar 31, 2020

0.60% | 0.68%

Benchmark*

BofA Merrill Lynch Global Broad Market (Hedged to CAD) Index

NAV

C$20.48 | C$19.62

Inception Date

Apr 19, 2016

Management Style

Active

Eligible for Registered Plans

Yes

CUSIP

55452P101

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

ETF Characteristics

Trailing 12 - Month Yield (Mar 31, 2021)

2.18%

Distribution Yield (Mar 31, 2021)

2.74%

Last Paid Distribution (May 11, 2021)

C$0.044

Record Date

May 4, 2021

Distribution Frequency

Monthly

Effective Duration (Mar 31, 2021)

4.03 years

Weighted Average Maturity (Mar 31, 2021)

9.77 years

Weighted Average YTM (Mar 31, 2021)

3.39%

Weighted Average Coupon (Mar 31, 2021)

3.77%

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.