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$0.06 | 0.25% | 9.74%

Net Assets

Nov 18, 2019

C$73,207,738

Units Outstanding

Nov 18, 2019

3,300,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Oct 31, 2019)

  • Annualized Standard Deviation

    9.170

  • Sharpe Ratio

    0.480

Management Fee | MER

Mar 31, 2019

0.50% | 0.62%

Index*

TOBAM Maximum Diversification All World Developed ex North America Index

NAV

C$22.20 | C$20.05

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 (Oct 31, 2019)

17.40x

P/B Ratio (Oct 31, 2019)

1.79x

Trailing 12 - Month Yield (Oct 31, 2019)

2.30%

Distribution Yield (Oct 31, 2019)

2.53%

Last Paid Distribution (Oct 1, 2019)

C$0.138

Record Date

Sep 24, 2019

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

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).