Asset Class Global Equity

MXU

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$-0.15 | -0.63% | 0.34%

Net Assets

Jul 30, 2021

C$79,377,523

Units Outstanding

Jul 30, 2021

3,300,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Jun 30, 2021)

  • Annualized Standard Deviation

    10.450

  • Sharpe Ratio

    0.230

Management Fee | MER

Mar 31, 2021

0.50% | 0.55%

Index*

TOBAM Maximum Diversification All World Developed ex North America Index

NAV

C$24.93 | C$21.99

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 (Jun 30, 2021)

21.97x

P/B Ratio (Jun 30, 2021)

2.14x

Trailing 12 - Month Yield (Jun 30, 2021)

1.43%

Distribution Yield (Jun 30, 2021)

2.41%

Last Paid Distribution (Jun 29, 2021)

C$0.144

Record Date

Jun 22, 2021

Distribution Frequency

Quarterly

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

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).