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$0.08 | 0.31% | 2.65%

Net Assets

Jan 14, 2021

C$432,086,823

Units Outstanding

Jan 14, 2021

16,200,000

Risk Tolerance

Low-Med

Fund Risk Measures

(3 years) | (Nov 30, 2020)

  • Annualized Standard Deviation

    18.160

  • Sharpe Ratio

    0.250

Management Fee | MER

Mar 31, 2020

0.45% | 0.50%

Index*

TOBAM Maximum Diversification Canada Index

NAV

C$26.90 | C$16.45

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 (Nov 30, 2020)

22.16x

P/B Ratio (Nov 30, 2020)

1.90x

Trailing 12 - Month Yield (Nov 30, 2020)

1.80%

Distribution Yield (Nov 30, 2020)

1.41%

Last Paid Distribution (Dec 31, 2020)

C$0.086

Record Date

Dec 22, 2020

Distribution Frequency

Quarterly

Commentary

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).