Asset Class High Yield Fixed Income

MHYB

Mackenzie Global High Yield Fixed Income ETF

Why invest in this fund?

  • Increases opportunity for yield as the team continually searches globally for fixed income securities with a favourable risk/return profile
  • Active management using rigorous credit work helps to uncover the most attractive opportunities within the asset class
  • Potential for portfolio diversification as high yield bonds have low correlation to traditional bonds

Key Facts

NAV Changes $ | % | YTD

C$0.02 | 0.11% | -0.45%

Net Assets

Jul 7, 2020

C$192,846,129

Units Outstanding

Jul 7, 2020

10,150,000

Risk Tolerance

Low-Med

Fund Risk Measures

(3 years) | (May 31, 2020)

  • Annualized Standard Deviation

    6.350

  • Annualized Standard Deviation Benchmark

    7.390

  • Alpha

    0.710

  • Beta

    0.840

  • R2

    0.950

  • Sharpe Ratio

    0.270

Management Fee | MER

Sep 30, 2019

0.60% | 0.67%

Benchmark*

75% BofAML Global High Yield (Hedged to CAD) + 25% BofAML Global Broad Market (Hedged to CAD)

NAV

C$19.78 | C$16.95

Inception Date

Apr 26, 2017

Management Style

Active

Eligible for Registered Plans

Yes

CUSIP

55454M106

Exchange

Aequitas NEO Exchange

Investment Programs

DRIP

ETF Characteristics

Trailing 12 - Month Yield (May 31, 2020)

5.43%

Distribution Yield (May 31, 2020)

7.31%

Last Paid Distribution (Jun 9, 2020)

C$0.103

Record Date

Jun 2, 2020

Distribution Frequency

Monthly

Effective Duration (May 31, 2020)

3.65 years

Weighted Average Maturity (May 31, 2020)

4.00 years

Weighted Average YTM (May 31, 2020)

6.27%

Weighted Average Coupon (May 31, 2020)

5.63%

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.