Asset Class Global Equity

MXU

Mackenzie Maximum Diversification All World Developed ex North America Index ETF

Nav: Oct 15, 2021

C$23.44

Market Price: Oct 15, 2021

C$23.55

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$0.16 | 0.71% | -1.94%

Net Assets

Oct 15, 2021

C$77,336,970

Units Outstanding

Oct 15, 2021

3,300,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Aug 31, 2021)

  • Annualized Standard Deviation

    10.530

  • Sharpe Ratio

    0.410

Management Fee | MER

Mar 31, 2021

0.50% | 0.55%

Index*

TOBAM Maximum Diversification All World Developed ex North America Index

NAV

C$25.36 | C$22.07

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 (Aug 31, 2021)

19.63x

P/B Ratio (Aug 31, 2021)

2.11x

Trailing 12 - Month Yield (Aug 31, 2021)

1.38%

Distribution Yield (Aug 31, 2021)

2.31%

Last Paid Distribution (Sep 28, 2021)

C$0.075

Record Date

Sep 21, 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

Resources

Fund Materials

Regulatory Documents

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).