Asset Class Global Equity

MEE

Mackenzie Maximum Diversification Emerging Markets Index ETF

Why invest in this fund?

  • MEE seeks to increase diversification to reduce biases and enhance risk-adjusted returns.
  • Enhances diversification in Emerging Markets which are currently dominated by the Financial and Information Technology sectors.
  • Mackenzie Investments now offers TOBAM’s proven, award-winning diversification methodology to all Canadian retail investors.

Key Facts

NAV Changes $ | % | YTD

C$-0.13 | -0.52% | 0.96%

Net Assets

Sep 23, 2020

C$72,403,960

Units Outstanding

Sep 23, 2020

3,000,000

Risk Tolerance

Med

Fund Risk Measures

(3 years) | (Aug 31, 2020)

  • Annualized Standard Deviation

    15.400

  • Sharpe Ratio

    0.140

Management Fee | MER

Mar 31, 2020

0.50% | 0.56%

Index*

TOBAM Maximum Diversification Emerging Index

NAV

C$24.86 | C$17.18

Inception Date

Jan 23, 2017

Management Style

Strategic Beta

Eligible for Registered Plans

Yes

CUSIP

55453Q108

Exchange

Toronto Stock Exchange

Investment Programs

DRIP

Rebalance Frequency

Quarterly

ETF Characteristics

P/E Ratio (Aug 31, 2020)

20.92x

P/B Ratio (Aug 31, 2020)

2.46x

Trailing 12 - Month Yield (Aug 31, 2020)

2.22%

Distribution Yield (Aug 31, 2020)

1.84%

Last Paid Distribution (Jun 30, 2020)

C$0.111

Record Date

Jun 23, 2020

Distribution Frequency

Semi-annual

Commentary

Performance

On February 28, 2019 this ETF began to track a version of TOBAM Maximum Diversification Emerging Index which is calculated net of withholding taxes. 

Index Inception Date: February 28, 2019

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).