Asset Class Global Equity

MWD

Mackenzie Maximum Diversification All World Developed Index ETF

Nav: Dec 3, 2020

C$28.13

Market Price: Dec 3, 2020

C$28.15

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$0.05 | 0.16% | 12.09%

Net Assets

Dec 3, 2020

C$410,770,258

Units Outstanding

Dec 3, 2020

14,600,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Oct 31, 2020)

  • Annualized Standard Deviation

    11.380

  • Sharpe Ratio

    0.540

Management Fee | MER

Mar 31, 2020

0.50% | 0.55%

Index*

TOBAM Maximum Diversification All World Developed Index

NAV

C$28.13 | C$19.99

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 (Oct 31, 2020)

20.19x

P/B Ratio (Oct 31, 2020)

2.69x

Trailing 12 - Month Yield (Oct 31, 2020)

1.49%

Distribution Yield (Oct 31, 2020)

1.17%

Last Paid Distribution (Sep 29, 2020)

C$0.076

Record Date

Sep 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.

Read more

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).