Canadian-made floating rate ETF
Protect against inflation with our competitively priced MFT ETF.

MFT
Mackenzie Floating Rate Income ETF
Why invest in this fund?
- Higher income potential as floating rate loans are generally below investment grade and yields often exceed conventional fixed income instruments
- Mitigates interest rate risk and tends to be less sensitive to interest rate fluctuations compared to fixed-rate bonds
- Improves diversification as floating rate loans generally have a lower correlation to conventional investment grade fixed income assets
Key Facts
NAV Changes $ | % | YTD
C$0.02 | 0.13% | 2.89%
Net Assets
Mar 21, 2023
C$685,338,844
Units Outstanding
Mar 21, 2023
39,450,000
Risk Tolerance
Low-Med
Fund Risk Measures
(3 years) | (Jan 31, 2023)
-
Annualized Standard Deviation
8.590
-
Annualized Standard Deviation Benchmark
9.400
-
Alpha
-2.180
-
Beta
0.900
-
R2
0.960
-
Sharpe Ratio
-0.070
Management Fee | MER
Sep 30, 2022
0.60% | 0.67%
Benchmark*
Morningstar LSTA Leveraged Loan (Hedged to CAD)
NAV
C$18.89
| C$17.09
Inception Date
Apr 19, 2016
Management Style
Active
Eligible for Registered Plans
Yes
CUSIP
55453X103
Exchange
Toronto Stock Exchange
Investment Programs
DRIP
ETF Characteristics
Trailing 12 - Month Yield (Jan 31, 2023)
6.06%
Distribution Yield (Jan 31, 2023)
11.09%
Last Paid Distribution (Mar 9, 2023)
C$0.109
Record Date
Mar 2, 2023
Distribution Frequency
Monthly
Effective Duration (Jan 31, 2023)
0.61 years
Weighted Average Maturity (Jan 31, 2023)
5.14 years
Weighted Average YTM (Jan 31, 2023)
11.50%
Weighted Average Coupon (Jan 31, 2023)
8.62%
Commentary
Performance
Portfolio
Sustainability Characteristics
Maturity
Historical Data
Resources
Fund Materials
= Login required for access
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The Looming Pension Crisis Part IV - U.S. Public Pension Plans COVID-19 Update pdf 424KB
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Fixed Income Investing with Active ETFs - Brochure pdf 412KB
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Mackenzie ETFs - Made for Canadians by Canadians pdf 727KB
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Fund Profile - Mackenzie Floating Rate Income ETF pdf 508KB
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Monthly Commentary - Mackenzie Floating Rate Income ETF pdf 155KB
Regulatory Documents
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- Fund Facts
- Prospectus & Annual Information Form
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Financial Statements – Annual – Mackenzie Floating Rate Income ETF pdf 442KB
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MRFP – Annual – Mackenzie Floating Rate Income ETF pdf 158KB
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Quarterly Portfolio Disclosure – 1st Quarter – Mackenzie Floating Rate Income ETF pdf 73KB
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PFIC Annual Information Statement 2021 - Mackenzie Floating Rate Income ETF pdf 210KB
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Financial Statements – Semi-annual – Mackenzie Floating Rate Income ETF pdf 1076KB
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MRFP – Semi-annual – Mackenzie Floating Rate Income ETF pdf 130KB
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Quarterly Portfolio Disclosure – 3rd Quarter – Mackenzie Floating Rate Income ETF pdf 68KB
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.