Mackenzie Maximum Diversification All World Developed ex North America Index ETF
Why invest in this fund?
- Seeks to increase diversification to reduce biases and enhance risk-adjusted returns.
- Enhances diversification in international markets to reduce sector concentration and maintain exposure to all sources of potential future return.
- Mackenzie Investments offers TOBAM’s proven, award-winning diversification methodology to all Canadian retail investors.
Key Facts
NAV Changes $ | % | YTD
C$-0.12 | -0.49% | -0.78%
Net Assets
Apr 12, 2021
C$71,788,714
Units Outstanding
Apr 12, 2021
3,000,000
Risk Tolerance
Med
Fund Risk Measures
(3 years) | (Feb 28, 2021)
-
Annualized Standard Deviation
10.450
-
Sharpe Ratio
0.120
Management Fee | MER
Mar 31, 2020
0.50% | 0.56%
Index*
TOBAM Maximum Diversification All World Developed ex North America Index
NAV
Inception Date
Sep 7, 2016
Management Style
Strategic Beta
Eligible for Registered Plans
Yes
CUSIP
55454L108
Exchange
Toronto Stock Exchange
Investment Programs
DRIP
Rebalance Frequency
Quarterly
ETF Characteristics
P/E Ratio (Feb 28, 2021)
21.71x
P/B Ratio (Feb 28, 2021)
2.11x
Trailing 12 - Month Yield (Feb 28, 2021)
1.41%
Distribution Yield (Feb 28, 2021)
1.66%
Last Paid Distribution (Mar 30, 2021)
C$0.019
Record Date
Mar 23, 2021
Distribution Frequency
Quarterly
Commentary
Performance
On February 28, 2019 this ETF began to track a version of TOBAM Maximum Diversification All World Developed ex North America Index which is calculated net of withholding taxes.
Index Inception Date: February 28, 2019
Portfolio
Maturity
Historical Data
Resources
Fund Materials
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Feature Page – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 197KB
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Brochure - Mackenzie Maximum Diversification Index Exchange Traded Funds pdf 1976KB
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Investor page - Why you need enhanced diversification pdf 284KB
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ETF Fact Sheet – Mackenzie Maximum Diversification All World Developed ex North America Index ETF (MXU) pdf 473KB
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ETF strategy brochure - Invest across the ETF spectrum pdf 1232KB
Regulatory Documents
- Fund Facts
- Prospectus & Annual Information Form
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Quarterly Portfolio Disclosure – 1st Quarter – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 148KB
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Financial Statements – Semi-annual – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 788KB
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MRFP – Annual – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 197KB
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Financial Statements – Annual – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 1135KB
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MRFP – Semi-annual – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 185KB
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Quarterly Portfolio Disclosure – 3rd Quarter – Mackenzie Maximum Diversification All World Developed ex North America Index ETF pdf 115KB
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PFIC Annual Information Statement 2020 - Mackenzie Maximum Diversification All World Developed Ex North America Index ETF pdf 113KB
Index Provider

TOBAM
Mackenzie Maximum Diversification Index ETFs are based on TOBAM Maximum Diversification Index Series created by TOBAM S.A.S.
TOBAM is a Paris-based index provider and institutional asset manager with AUM of US$8B (31/12/15).
Fund feature page
Learn how this Fund can be a valuable component for the construction of your clients’ portfolios.
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.