MUS
Mackenzie Maximum Diversification US Index ETF
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$-0.33 | -0.93% | 3.86%
Net Assets
Jan 26, 2021
C$153,423,039
Units Outstanding
Jan 26, 2021
4,400,000
Risk Tolerance
Low-Med
Fund Risk Measures
(3 years) | (Dec 31, 2020)
-
Annualized Standard Deviation
13.870
-
Sharpe Ratio
0.910
Management Fee | MER
Mar 31, 2020
0.45% | 0.50%
Index*
TOBAM Maximum Diversification USA Index
NAV
C$35.20
| C$22.23
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 (Dec 31, 2020)
19.63x
P/B Ratio (Dec 31, 2020)
3.96x
Trailing 12 - Month Yield (Dec 31, 2020)
1.32%
Distribution Yield (Dec 31, 2020)
0.94%
Last Paid Distribution (Dec 31, 2020)
C$0.079
Record Date
Dec 22, 2020
Distribution Frequency
Quarterly
Commentary
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
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Feature Page - Mackenzie Maximum Diversification US Index ETF (MUS) pdf 214KB
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Brochure - Mackenzie Maximum Diversification Index Exchange Traded Funds pdf 1976KB
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ETF Fact Sheet – Mackenzie Maximum Diversification US Index ETF (MUS) pdf 458KB
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Investor page - Why you need enhanced diversification pdf 284KB
Regulatory Documents
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- Fund Facts
- Prospectus & Annual Information Form
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Quarterly Portfolio Disclosure – 3rd Quarter – Mackenzie Maximum Diversification US Index ETF pdf 115KB
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PFIC Annual Information Statement 2019 - Mackenzie Maximum Diversification US Index ETF pdf 101KB
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MRFP – Annual – Mackenzie Maximum Diversification US Index ETF pdf 208KB
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Financial Statements – Annual – Mackenzie Maximum Diversification US Index ETF pdf 961KB
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MRFP – Semi-annual – Mackenzie Maximum Diversification US Index ETF pdf 165KB
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Quarterly Portfolio Disclosure – 1st Quarter – Mackenzie Maximum Diversification US Index ETF pdf 145KB
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Financial Statements – Semi-annual – Mackenzie Maximum Diversification US Index ETF pdf 869KB
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).
Fund feature page
Learn how this Fund can be a valuable component for the construction of your clients’ portfolios.
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.