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 | 0.08% | 0.84%

Net Assets

Jan 22, 2020

C$205,649,238

Units Outstanding

Jan 22, 2020

10,400,000

Risk Tolerance

Low-Med

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$19.77 | C$18.90

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 (Dec 31, 2019)

5.25%

Distribution Yield (Dec 31, 2019)

3.05%

Last Paid Distribution (Jan 10, 2020)

C$0.050

Record Date

Dec 31, 2019

Distribution Frequency

Monthly

Effective Duration (Dec 31, 2019)

3.08 years

Weighted Average Maturity (Dec 31, 2019)

3.22 years

Weighted Average YTM (Dec 31, 2019)

6.22%

Weighted Average Coupon (Dec 31, 2019)

5.69%

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.

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.