Asset Class Global Equity

MEE

Mackenzie Maximum Diversification Emerging Markets Index ETF

Why invest in this fund?

  • MEE seeks to increase diversification to reduce biases and enhance risk-adjusted returns.
  • Enhances diversification in Emerging Markets which are currently dominated by the Financial and Information Technology sectors.
  • Mackenzie Investments now offers TOBAM’s proven, award-winning diversification methodology to all Canadian retail investors.

Key Facts

NAV Changes $ | % | YTD

C$0.54 | 2.35% | -11.93%

Net Assets

Nov 29, 2022

C$70,805,910

Units Outstanding

Nov 29, 2022

3,000,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Oct 31, 2022)

  • Annualized Standard Deviation

    16.330

  • Sharpe Ratio

    -0.150

Management Fee | MER

Mar 31, 2022

0.50% | 0.56%

Index*

TOBAM Maximum Diversification Emerging Index

NAV

C$27.50 | C$21.71

Inception Date

Jan 23, 2017

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453Q108

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Oct 31, 2022)

10.21x

P/B Ratio (Oct 31, 2022)

1.58x

Trailing 12 - Month Yield (Oct 31, 2022)

1.99%

Distribution Yield (Oct 31, 2022)

1.54%

Last Paid Distribution (Jun 28, 2022)

C$0.084

Record Date

Jun 21, 2022

Distribution Frequency

Semi-annual

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).