Asset Class Global Equity

MEE

Mackenzie Maximum Diversification Emerging Markets Index ETF

Nav: Jul 30, 2021

C$27.24

Market Price: Jul 30, 2021

C$27.23

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$-0.17 | -0.63% | -0.05%

Net Assets

Jul 30, 2021

C$106,254,341

Units Outstanding

Jul 30, 2021

3,900,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Jun 30, 2021)

  • Annualized Standard Deviation

    15.760

  • Sharpe Ratio

    0.400

Management Fee | MER

Mar 31, 2021

0.50% | 0.57%

Index*

TOBAM Maximum Diversification Emerging Index

NAV

C$29.97 | C$23.73

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 (Jun 30, 2021)

18.30x

P/B Ratio (Jun 30, 2021)

2.14x

Trailing 12 - Month Yield (Jun 30, 2021)

0.96%

Distribution Yield (Jun 30, 2021)

1.31%

Last Paid Distribution (Jun 29, 2021)

C$0.094

Record Date

Jun 22, 2021

Distribution Frequency

Semi-annual

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).