Asset Class Canadian Equity

MKC

Mackenzie Maximum Diversification Canada Index ETF

Why invest in this fund?

  • Seeks to increase diversification to reduce biases and enhance risk adjusted returns.
  • Enhances diversification in a Canadian equity market that has a history of sector concentration: Financials, Energy and Materials.
  • A proven award-winning diversification methodology exclusively available through mutual funds and ETFs to all retail investors in Canada.

Key Facts

NAV Changes $ | % | YTD

C$0.05 | 0.16% | 15.58%

Net Assets

Jul 30, 2021

C$552,468,939

Units Outstanding

Jul 30, 2021

18,500,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Jun 30, 2021)

  • Annualized Standard Deviation

    18.110

  • Sharpe Ratio

    0.530

Management Fee | MER

Mar 31, 2021

0.45% | 0.50%

Index*

TOBAM Maximum Diversification Canada Index

NAV

C$30.09 | C$24.27

Inception Date

Jun 21, 2016

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453L109

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Jun 30, 2021)

20.98x

P/B Ratio (Jun 30, 2021)

2.44x

Trailing 12 - Month Yield (Jun 30, 2021)

1.15%

Distribution Yield (Jun 30, 2021)

1.05%

Last Paid Distribution (Jun 29, 2021)

C$0.077

Record Date

Jun 22, 2021

Distribution Frequency

Quarterly

Performance

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).