Asset Class US Equity

MUS

Mackenzie Maximum Diversification US Index ETF

Nav: Jan 26, 2021

C$34.87

Market Price: Jan 26, 2021

C$34.85

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

Insights

Fund feature page

Learn how this Fund can be a valuable component for the construction of your clients’ portfolios.

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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.

Read more

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).