Asset Class US Equity

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$0.21 | 0.64% | -7.12%

Net Assets

Dec 2, 2022

C$157,968,504

Units Outstanding

Dec 2, 2022

4,700,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Oct 31, 2022)

  • Annualized Standard Deviation

    15.150

  • Sharpe Ratio

    0.380

Management Fee | MER

Mar 31, 2022

0.45% | 0.50%

Index*

TOBAM Maximum Diversification USA Index

NAV

C$37.09 | C$28.67

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 (Oct 31, 2022)

12.10x

P/B Ratio (Oct 31, 2022)

2.89x

Trailing 12 - Month Yield (Oct 31, 2022)

1.06%

Distribution Yield (Oct 31, 2022)

1.14%

Last Paid Distribution (Sep 27, 2022)

C$0.091

Record Date

Sep 20, 2022

Distribution Frequency

Quarterly

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).