Key stats
About MACKENZIE US TIPS INDEX ETF (CAD-HEDGED)
Expense ratio
0.17%
Home page
Inception date
Jan 24, 2018
The fund provides exposure to an index of inflation-linked bonds issued by the US government. Eligible securities must be denominated in USD, have an effective time to maturity of at least 18 months for new issuers, and have a par amount outstanding of not less than 750 million USD. Constituents are market-cap weighted and rebalanced on a monthly basis. Derivatives may also be in the mix in seeking to hedge the USD exposure of the securities to the CAD. The fund is designed for investors with a low risk appetite who are seeking low cost exposure to a diversified portfolio of inflation-link sovereign debts in the US.
Classification
What's in the fund
Exposure type
Government
Bonds, Cash & Other100.00%
Government102.33%
Cash−2.33%
Displays a symbol's price movements over previous years to identify recurring trends.