Asset Class Global Equity

MXU

Mackenzie Maximum Diversification All World Developed ex North America Index ETF

Nav: Jan 26, 2021

C$24.53

Market Price: Jan 26, 2021

C$24.67

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$-0.07 | -0.27% | 1.65%

Net Assets

Jan 26, 2021

C$61,335,608

Units Outstanding

Jan 26, 2021

2,500,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Dec 31, 2020)

  • Annualized Standard Deviation

    10.420

  • Sharpe Ratio

    0.330

Management Fee | MER

Mar 31, 2020

0.50% | 0.56%

Index*

TOBAM Maximum Diversification All World Developed ex North America Index

NAV

C$24.60 | C$17.78

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 (Dec 31, 2020)

24.91x

P/B Ratio (Dec 31, 2020)

2.17x

Trailing 12 - Month Yield (Dec 31, 2020)

1.38%

Distribution Yield (Dec 31, 2020)

1.62%

Last Paid Distribution (Dec 31, 2020)

C$0.098

Record Date

Dec 22, 2020

Distribution Frequency

Quarterly

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

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).