Asset Class Global Equity

MWD

Mackenzie Maximum Diversification All World Developed Index ETF

Nav: Oct 15, 2021

C$29.35

Market Price: Oct 15, 2021

C$29.46

Why invest in this fund?

  • MWD seeks to increase diversification to reduce biases and enhance risk-adjusted returns.
  •  Enhances diversification in global markets to reduce sector concentration, help protect value and give exposure to all sources of potential future return.
  • Mackenzie Investments now offers TOBAM’s proven, award-winning diversification methodology to all Canadian retail investors.

Key Facts

NAV Changes $ | % | YTD

C$0.10 | 0.33% | 4.36%

Net Assets

Oct 15, 2021

C$457,833,568

Units Outstanding

Oct 15, 2021

15,600,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Aug 31, 2021)

  • Annualized Standard Deviation

    12.090

  • Sharpe Ratio

    0.710

Management Fee | MER

Mar 31, 2021

0.50% | 0.55%

Index*

TOBAM Maximum Diversification All World Developed Index

NAV

C$31.46 | C$26.10

Inception Date

Sep 7, 2016

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453N105

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Aug 31, 2021)

21.48x

P/B Ratio (Aug 31, 2021)

2.96x

Trailing 12 - Month Yield (Aug 31, 2021)

0.85%

Distribution Yield (Aug 31, 2021)

1.16%

Last Paid Distribution (Sep 28, 2021)

C$0.059

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 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).