Asset Class Global Fixed Income

MGAB

Mackenzie Global Fixed Income Allocation ETF

Nav: Jan 22, 2021

C$19.99

Market Price: Jan 22, 2021

C$20.00

Why invest in this fund?

  • For investors seeking income with a potential for modest capital appreciation.
  • Low cost allocation ETF that provides exposure to fixed income securities globally, diversified by sector, geography, credit quality, duration and currency, primarily by investing in fixed income ETFs.
  • Regular rebalancing helps maintain target allocations and risk levels.

Key Facts

NAV Changes $ | % | YTD

C$-0.01 | -0.03% | -0.66%

Net Assets

Jan 22, 2021

C$6,995,323

Units Outstanding

Jan 22, 2021

350,000

Risk Tolerance

Low

Management Fee | MER

Mar 31, 2020

0.25% | n/a

Benchmark*

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

NAV

C$20.27 | C$19.94

Inception Date

Sep 29, 2020

Management Style

Active

Eligible for Registered Plans

Yes

CUSIP

554552208

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

ETF Characteristics

Distribution Yield (Dec 31, 2020)

4.06%

Last Paid Distribution (Dec 31, 2020)

C$0.204

Record Date

Dec 22, 2020

Distribution Frequency

Quarterly

Effective Duration (Dec 31, 2020)

6.43 years

Weighted Average Maturity (Dec 31, 2020)

8.78 years

Weighted Average YTM (Dec 31, 2020)

2.41%

Weighted Average Coupon (Dec 31, 2020)

3.48%

Commentary

Performance

Portfolio

Maturity

Historical Data

Resources

Fund Materials

Regulatory Documents