Asset Class Regional Equity

MEU

Mackenzie Maximum Diversification Developed Europe Index ETF

NAV:

C$17.41

Updated: Sep 23, 2022

MARKET PRICE:

C$17.44

Updated: Sep 23, 2022

NAV:

C$17.41

Updated: Sep 23, 2022

MARKET PRICE:

C$17.44

Updated: Sep 23, 2022

Why invest in this fund?

  • MEU seeks to increase diversification to reduce biases and enhance risk-adjusted returns.
  • Enhances diversification in European equity markets to avoid concentration, protect value and maintain 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$-0.42 | -2.33% | -27.23%

Net Assets

Sep 23, 2022

C$10,448,970

Units Outstanding

Sep 23, 2022

600,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Aug 31, 2022)

  • Annualized Standard Deviation

    13.660

  • Sharpe Ratio

    -0.150

Management Fee | MER

Mar 31, 2022

0.50% | 0.56%

Index*

TOBAM Maximum Diversification Developed Europe Index

NAV

C$25.30 | C$17.41

Inception Date

Sep 7, 2016

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453P100

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Aug 31, 2022)

15.09x

P/B Ratio (Aug 31, 2022)

1.75x

Trailing 12 - Month Yield (Aug 31, 2022)

3.95%

Distribution Yield (Aug 31, 2022)

5.85%

Last Paid Distribution (Sep 27, 2022)

C$0.055

Record Date

Sep 20, 2022

Distribution Frequency

Quarterly

Performance

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).