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Mackenzie Maximum Diversification Emerging Markets Index ETF (MEE : TSX)

Emerging Markets Equity

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

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Close
(06-14-2024)
$26.85
Change
$0.15 (0.56%)
Open $27.00
Day Range $27.00 - $27.02
Volume 600

As at May 31, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Legend

Mackenzie Maximum Diversification Emerging Markets Index ETF

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Fund Returns

Inception Return (January 23, 2017): 5.00%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -1.52% 1.16% 7.32% 5.27% 12.13% 6.32% -0.55% 6.41% 3.88% 2.26% 3.49% - - -
Benchmark 0.38% 4.91% 9.08% 8.36% 15.55% 7.33% -0.29% 6.62% 4.48% 3.38% 4.24% 7.10% 4.72% 5.89%
Category Average 0.31% 8.16% 8.16% 6.28% 12.47% 5.34% -3.88% 5.35% 3.41% 1.86% 2.72% 5.41% 3.31% 3.57%
Category Rank 328 / 336 300 / 326 228 / 323 254 / 323 192 / 311 131 / 298 76 / 276 106 / 262 123 / 248 97 / 203 83 / 195 - - -
Quartile Ranking 4 4 3 4 3 2 2 2 2 2 2 - - -

Monthly Return

Monthly Return
Return % Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May
Fund 1.23% 4.23% -2.21% -3.83% -1.50% 6.89% 1.95% -0.48% 4.56% 1.33% 1.37% -1.52%
Benchmark 1.39% 5.60% -2.72% -1.99% -1.05% 4.87% 0.67% -2.21% 5.63% 1.24% 3.23% 0.38%

Best Monthly Return Since Inception

10.79% (April 2020)

Worst Monthly Return Since Inception

-14.10% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - -4.88% 6.54% 15.18% 0.00% -11.97% 8.02%
Benchmark 8.76% 2.69% 7.90% 26.42% -6.05% 15.55% 11.45% 0.08% -12.38% 7.03%
Category Average 2.91% -3.92% 6.53% 28.88% -11.86% 15.06% 17.52% -3.30% -17.32% 8.68%
Quartile Ranking - - - - 1 4 3 2 1 3
Category Rank - - - - 23/ 198 235/ 242 150/ 257 68/ 265 45/ 285 171/ 306

Best Calendar Return (Last 10 years)

15.18% (2020)

Worst Calendar Return (Last 10 years)

-11.97% (2022)

Asset Allocation

Asset Allocation
Name Percent
International Equity 99.04
Income Trust Units 0.96

Sector Allocation

Sector Allocation
Name Percent
Financial Services 27.42
Technology 17.54
Healthcare 11.62
Consumer Goods 9.09
Consumer Services 7.91
Other 26.42

Geographic Allocation

Geographic Allocation
Name Percent
Asia 84.15
Latin America 11.30
Europe 2.15
Africa and Middle East 2.10
Other 0.30

Top Holdings

Top Holdings
Name Percent
Taiwan Semiconductor Manufactrg Co Ltd 1.74
Tencent Holdings Ltd 1.65
Zomato Ltd 1.48
Sun Pharmaceutical Industries Ltd 1.39
Bharti Airtel Ltd 1.28
Cipla Ltd 1.24
Bank Central Asia Tbk PT 1.18
Gold Fields Ltd 1.09
Varun Beverages Ltd 1.00
China Construction Bank Corp Cl H 0.97

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Fixed income style data not available
Period: 

Risk vs Return (3 Yr)

Mackenzie Maximum Diversification Emerging Markets Index ETF

Median

Other - Emerging Markets Equity

3 Yr Annualized

Standard Deviation 12.44% 14.47% -
Beta 0.82% 0.94% -
Alpha 0.00% 0.00% -
Rsquared 0.76% 0.80% -
Sharpe -0.22% 0.19% -
Sortino -0.32% 0.19% -
Treynor -0.03% 0.03% -
Tax Efficiency - 81.54% -
Volatility Volatility rating is 6 on a scale of 1 to 10 Volatility rating is 7 on a scale of 1 to 10 -

Risk Rating

Rating 6 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 10.82% 12.44% 14.47% -
Beta 0.93% 0.82% 0.94% -
Alpha -0.02% 0.00% 0.00% -
Rsquared 0.80% 0.76% 0.80% -
Sharpe 0.66% -0.22% 0.19% -
Sortino 1.67% -0.32% 0.19% -
Treynor 0.08% -0.03% 0.03% -
Tax Efficiency 93.78% - 81.54% -

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date January 23, 2017
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Semi Annual
Assets ($mil) -
52 Week High $27.14
52 Week Low $22.49
Annual Dividend $0.45
Annual Yield -
Index TOBAM Maximum Diversification Emerging Index
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure 1x performance
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Mackenzie Maximum Diversification Emerging Markets Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the TOBAM Maximum Diversification Emerging Index, or any successor thereto. It invests primarily in equity securities of emerging markets.

Investment Strategy

-

Portfolio Manager(s)

Name Start Date
Matthew Cardillo 01-23-2017
Doug Kean 01-23-2017

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar TSX Trust Company
Distributor -
Auditor Deloitte LLP

Fees

MER 0.57%
Management Fee 0.50%

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