MEU
Mackenzie Maximum Diversification Developed Europe Index ETF
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$0.04 | 0.20% | 5.36%
Net Assets
Jan 25, 2023
C$10,699,383
Units Outstanding
Jan 25, 2023
500,000
Risk Tolerance
Med
Fund Risk Measures
(3 years) | (Dec 31, 2022)
-
Annualized Standard Deviation
15.190
-
Sharpe Ratio
-0.130
Management Fee | MER
Sep 30, 2022
0.50% | 0.56%
Index*
TOBAM Maximum Diversification Developed Europe Index
NAV
C$23.36
| C$17.17
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 (Dec 31, 2022)
14.28x
P/B Ratio (Dec 31, 2022)
1.69x
Trailing 12 - Month Yield (Dec 31, 2022)
2.01%
Distribution Yield (Dec 31, 2022)
1.25%
Last Paid Distribution (Dec 29, 2022)
C$0.064
Record Date
Dec 20, 2022
Distribution Frequency
Quarterly
Performance
Portfolio
Maturity
Historical Data
Resources
Fund Materials
= Login required for access
-
Brochure - Mackenzie Maximum Diversification Index Exchange Traded Funds pdf 1976KB
-
Investor page - Why you need enhanced diversification pdf 284KB
-
Mackenzie ETFs - Made for Canadians by Canadians pdf 727KB
-
Fund Profile - Mackenzie Maximum Diversification Developed Europe Index ETF pdf 485KB
Regulatory Documents
= Login required for access
- Fund Facts
- Prospectus & Annual Information Form
-
MRFP – Annual – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 181KB
-
Quarterly Portfolio Disclosure – 1st Quarter – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 94KB
-
PFIC Annual Information Statement 2021 - Mackenzie Maximum Diversification Developed Europe Index ETF pdf 187KB
-
Financial Statements – Annual – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 351KB
-
Financial Statements – Semi-annual – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 210KB
-
MRFP – Semi-annual – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 140KB
-
Quarterly Portfolio Disclosure – 3rd Quarter – Mackenzie Maximum Diversification Developed Europe Index ETF pdf 94KB
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).