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. 
  • Provides 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$0.05 | 0.24% | 1.59%

Net Assets

Dec 13, 2019

C$197,455,796

Units Outstanding

Dec 13, 2019

10,250,000

Risk Tolerance

Low

Fund Risk Measures

(3 years) | (Nov 30, 2019)

  • Annualized Standard Deviation

    2.100

  • Annualized Standard Deviation Benchmark

    3.830

  • Alpha

    0.540

  • Beta

    -0.150

  • R2

    0.410

  • Sharpe Ratio

    1.750

Management Fee | MER

Sep 30, 2019

0.60% | 0.67%

Benchmark*

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

NAV

C$19.55 | C$18.90

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 (Nov 30, 2019)

0.03%

Distribution Yield (Nov 30, 2019)

0.34%

Last Paid Distribution (Dec 10, 2019)

C$0.046

Record Date

Dec 3, 2019

Distribution Frequency

Monthly

Effective Duration (Nov 30, 2019)

4.42 years

Weighted Average Maturity (Nov 30, 2019)

8.66 years

Weighted Average YTM (Nov 30, 2019)

3.13%

Weighted Average Coupon (Nov 30, 2019)

2.95%

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.

Monthly Commentary – Mackenzie Core Plus Global Fixed Income ETF (MGB)

Monthly exchange traded fund (ETF) commentaries provide insight into an ETF’s recent performance and future outlook.

May 10, 2019

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.