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$0.10 | 0.31% | 6.86%

Net Assets

Feb 14, 2020

C$116,548,151

Units Outstanding

Feb 14, 2020

3,800,000

Risk Tolerance

Low-Med

Fund Risk Measures

(3 years) | (Jan 31, 2020)

  • Annualized Standard Deviation

    10.160

  • Sharpe Ratio

    1.080

Management Fee | MER

Sep 30, 2019

0.45% | 0.50%

Index*

TOBAM Maximum Diversification USA Index

NAV

C$30.67 | C$25.82

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 (Jan 31, 2020)

20.35x

P/B Ratio (Jan 31, 2020)

3.06x

Trailing 12 - Month Yield (Jan 31, 2020)

1.40%

Distribution Yield (Jan 31, 2020)

1.99%

Last Paid Distribution (Jan 3, 2020)

C$0.146

Record Date

Dec 24, 2019

Distribution Frequency

Quarterly

Commentary

Commentary

Quarterly Commentaries

Read the latest Mackenzie Team commentaries to learn about their analysis of key market risks and opportunities. For select funds, quarterly reviews of performance and market conditions are also available.
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.

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

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).