Asset Class High Yield Fixed Income

MHYB

Mackenzie Global High Yield Fixed Income ETF

Nav: Oct 15, 2021

C$19.99

Market Price: Oct 15, 2021

C$20.00

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 lower correlation to traditional bonds

Key Facts

NAV Changes $ | % | YTD

C$0.02 | 0.11% | 3.30%

Net Assets

Oct 15, 2021

C$247,889,585

Units Outstanding

Oct 15, 2021

12,400,000

Risk Tolerance

Low-Med

Fund Risk Measures

(3 years) | (Aug 31, 2021)

Annualized Standard Deviation

6.800
Annualized Standard Deviation Benchmark

7.760
Alpha

1.230
Beta

0.860
R²

0.960
Sharpe Ratio

0.800

Management Fee | MER

Mar 31, 2021

0.60% | 0.66%

Benchmark*

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

NAV

C$20.26 | C$19.24

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 (Aug 31, 2021)

4.21%

Distribution Yield (Aug 31, 2021)

4.55%

Last Paid Distribution (Oct 12, 2021)

C$0.077

Record Date

Oct 4, 2021

Distribution Frequency

Monthly

Effective Duration (Aug 31, 2021)

3.27 years

Weighted Average Maturity (Aug 31, 2021)

7.13 years

Weighted Average YTM (Aug 31, 2021)

4.68%

Weighted Average Coupon (Aug 31, 2021)

5.31%

Performance

Portfolio

Maturity

Historical Data

Resources

Fund Materials

The Looming Pension Crisis Part IV - U.S. Public Pension Plans COVID-19 Update pdf 424KB
Fund Profile – Mackenzie Global High Yield Fixed Income ETF pdf 475KB
ETF strategy brochure - Invest across the ETF spectrum pdf 1285KB
Fixed Income Investing with Active ETFs - Brochure pdf 412KB

Regulatory Documents

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.