Asset Class High Yield Fixed Income

MHYB

Mackenzie Global High Yield Fixed Income ETF

Nav: Apr 12, 2021

C$19.96

Market Price: Apr 12, 2021

C$19.93

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$0.00 | 0.02% | 0.91%

Net Assets

Apr 12, 2021

C$233,490,925

Units Outstanding

Apr 12, 2021

11,700,000

Risk Tolerance

Low-Med

Fund Risk Measures

(3 years) | (Feb 28, 2021)

  • Annualized Standard Deviation

    6.830

  • Annualized Standard Deviation Benchmark

    7.790

  • Alpha

    1.020

  • Beta

    0.860

  • R2

    0.960

  • Sharpe Ratio

    0.640

Management Fee | MER

Mar 31, 2020

0.60% | 0.67%

Benchmark*

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

NAV

C$20.18 | C$18.27

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 (Feb 28, 2021)

4.88%

Distribution Yield (Feb 28, 2021)

4.75%

Last Paid Distribution (Apr 12, 2021)

C$0.079

Record Date

Apr 5, 2021

Distribution Frequency

Monthly

Effective Duration (Feb 28, 2021)

3.35 years

Weighted Average Maturity (Feb 28, 2021)

3.49 years

Weighted Average YTM (Feb 28, 2021)

4.60%

Weighted Average Coupon (Feb 28, 2021)

5.36%

Commentary

Insights

Fund feature page

Learn how this Fund can be a valuable component for the construction of your clients’ portfolios.

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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.

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Performance

Portfolio

Maturity

Historical Data

Resources

Fund Materials

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.