Asset Class US Equity

MUS

Mackenzie Maximum Diversification US Index ETF

Nav: Oct 15, 2021

C$36.04

Market Price: Oct 15, 2021

C$36.12

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$0.00 | 0.01% | 7.84%

Net Assets

Oct 15, 2021

C$205,438,876

Units Outstanding

Oct 15, 2021

5,700,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Aug 31, 2021)

  • Annualized Standard Deviation

    14.040

  • Sharpe Ratio

    0.820

Management Fee | MER

Mar 31, 2021

0.45% | 0.50%

Index*

TOBAM Maximum Diversification USA Index

NAV

C$37.92 | C$30.50

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 (Aug 31, 2021)

23.02x

P/B Ratio (Aug 31, 2021)

4.17x

Trailing 12 - Month Yield (Aug 31, 2021)

0.68%

Distribution Yield (Aug 31, 2021)

0.62%

Last Paid Distribution (Sep 28, 2021)

C$0.055

Record Date

Sep 21, 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).