Asset Class Global Equity

MEE

Mackenzie Maximum Diversification Emerging Markets Index ETF

Nav: Feb 26, 2020

C$22.92

Market Price: Feb 26, 2020

C$23.01

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$-0.43 | -1.83% | -5.15%

Net Assets

Feb 26, 2020

C$61,878,151

Units Outstanding

Feb 26, 2020

2,700,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Jan 31, 2020)

  • Annualized Standard Deviation

    10.290

  • Sharpe Ratio

    0.600

Management Fee | MER

Sep 30, 2019

0.50% | 0.56%

Index*

TOBAM Maximum Diversification Emerging Index

NAV

C$24.60 | C$22.32

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 (Jan 31, 2020)

18.17x

P/B Ratio (Jan 31, 2020)

2.01x

Trailing 12 - Month Yield (Jan 31, 2020)

2.29%

Distribution Yield (Jan 31, 2020)

7.22%

Last Paid Distribution (Jan 3, 2020)

C$0.426

Record Date

Dec 24, 2019

Distribution Frequency

Semi-annual

Commentary

Commentary

Quarterly Commentaries

Read the latest Mackenzie Team commentaries to learn about their analysis of key market risks and opportunities. For select funds, quarterly reviews of performance and market conditions are also available.
Learn more
Commentary

Monthly Commentaries

Mackenzie Investments publishes regular commentaries to help advisors make sense of the markets, review the recent performances of funds and anticipate future outlooks. Read the latest monthly commentaries for more information.
Learn more

Performance

On February 28, 2019 this ETF began to track a version of TOBAM Maximum Diversification Emerging Index which is calculated net of withholding taxes. 

Index Inception Date: February 28, 2019

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).