Asset Class US Equity

MUS

Mackenzie Maximum Diversification US Index ETF

Nav: Jul 30, 2021

C$36.54

Market Price: Jul 30, 2021

C$36.53

Why invest in this fund?

  • Seeks to increase diversification to reduce biases and enhance risk adjusted returns.
  • Enhances diversification in a US market that historically has a cycle of risk concentrations.
  • A proven award-winning diversification methodology exclusively available through mutual funds and ETFs to all retail investors in Canada.

Key Facts

NAV Changes $ | % | YTD

C$-0.10 | -0.26% | 9.16%

Net Assets

Jul 30, 2021

C$204,620,379

Units Outstanding

Jul 30, 2021

5,600,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Jun 30, 2021)

  • Annualized Standard Deviation

    14.130

  • Sharpe Ratio

    0.830

Management Fee | MER

Mar 31, 2021

0.45% | 0.50%

Index*

TOBAM Maximum Diversification USA Index

NAV

C$37.16 | C$29.87

Inception Date

Jun 21, 2016

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453M107

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Jun 30, 2021)

23.71x

P/B Ratio (Jun 30, 2021)

4.15x

Trailing 12 - Month Yield (Jun 30, 2021)

0.70%

Distribution Yield (Jun 30, 2021)

0.65%

Last Paid Distribution (Jun 29, 2021)

C$0.058

Record Date

Jun 22, 2021

Distribution Frequency

Quarterly

Performance

On February 28, 2019 this ETF began to track a version of TOBAM Maximum Diversification USA 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).