Key stats
About MACKENZIE FINANCIAL CORP FLOATING RATE INCOME ETF CAD UNIT
Expense ratio
0.67%
Home page
Inception date
Apr 19, 2016
The fund actively invests in floating rate, high yield debt securities of issuers located anywhere in the world. This includes securities such as senior loans, floating rate notes, fixed-rate, high-yield corporate bonds, or other debt obligations. The adviser typically uses fundamental analysis to select investments for the portfolio. Constant reviews of the funds constituents enable a diversification of the issuers held in the portfolio by a number of factors, including industry and sector. while qualitative insights and quantitative tools are used to monitor the opportunities in foreign currencies. Foreign currency exposure may be hedged back to the Canadian dollar at the advisers discretion.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Loans
Miscellaneous
Stocks0.23%
Utilities0.09%
Retail Trade0.05%
Finance0.04%
Communications0.02%
Non-Energy Minerals0.02%
Industrial Services0.00%
Bonds, Cash & Other99.77%
Loans70.46%
Miscellaneous18.90%
Corporate7.97%
Cash1.59%
ETF0.43%
Rights & Warrants0.41%
Top 10 holdings
Dividends
Dividend payout history