Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports

Mackenzie Global High Yield Fixed Income ETF (MHYB : NEO)

High Yield Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020

Click for more information on Fundata’s FundGrade

Close
(07-23-2025)
$18.01
Change
$0.02 (0.11%)
Open -
Day Range - - -
Volume 12

As at June 30, 2025

As at April 30, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2017Jul 20…Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$16.00$18.00$20.00$22.00$17.25$17.50$17.75$18.2502,000,000200,000400,000Period
Created with Highcharts 10.3.3Jul 2017Jul 20…Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-10%0%-30%10%-3%-2%-1%1%2%3%Period

Legend

Mackenzie Global High Yield Fixed Income ETF

Compare Options


Fund Returns

Inception Return (April 26, 2017): 3.79%

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 1.07% 1.86% 2.67% 2.67% 7.88% 8.17% 7.47% 2.18% 4.00% 3.66% 3.98% 3.81% - -
Benchmark 1.47% -0.66% 1.39% 1.39% 11.51% 12.96% 12.81% 5.35% 5.30% 5.02% 5.27% 5.04% 5.83% 5.88%
Category Average 1.42% 3.00% 3.00% 3.00% 7.58% 7.77% 6.81% 2.02% 3.86% 3.08% 3.29% 3.05% 3.59% 3.21%
Category Rank 186 / 245 147 / 245 118 / 242 118 / 242 101 / 242 126 / 235 123 / 232 143 / 229 146 / 219 100 / 213 80 / 196 70 / 184 - -
Quartile Ranking 4 3 2 2 2 3 3 3 3 2 2 2 - -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-4%-2%0%2%4%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.07% 1.07% 1.23% -0.18% 0.99% -0.19% 1.00% 0.60% -0.81% -0.38% 1.17% 1.07%
Benchmark 2.95% -0.48% 2.00% 2.26% 0.82% 2.08% 1.94% 0.36% -0.24% -3.14% 1.07% 1.47%

Best Monthly Return Since Inception

3.91% (April 2020)

Worst Monthly Return Since Inception

-8.13% (March 2020)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - - -1.44% 11.32% 7.60% 3.39% -10.50% 8.98% 8.09%
Benchmark 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36% 17.23%
Category Average -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59% 7.12%
Quartile Ranking - - - 2 2 1 3 3 3 2
Category Rank - - - 55/ 186 100/ 211 30/ 218 152/ 222 144/ 229 149/ 235 112/ 241

Best Calendar Return (Last 10 years)

11.32% (2019)

Worst Calendar Return (Last 10 years)

-10.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 75.21
Canadian Corporate Bonds 15.40
Cash and Equivalents 5.50
Canadian Equity 1.48
Canadian Government Bonds 0.88
Other 1.53

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 92.40
Cash and Cash Equivalent 5.50
Utilities 0.75
Consumer Goods 0.57
Financial Services 0.26
Other 0.52

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.38
Europe 2.48
Latin America 0.34
Multi-National 0.03
Other 1.77

Top Holdings

Top Holdings
Name Percent
iShares iBoxx $ High Yield Corp Bond ETF (HYG) 6.53
Enbridge Inc 5.38% 27-Sep-2027 1.57
ENEL Finance International NV 2.50% 12-Apr-2031 1.13
Keyera Corp 6.88% 13-Jun-2079 1.00
Rogers Communications Inc 5.25% 15-Mar-2082 0.92
TransCanada Trust 4.65% 18-May-2027 0.85
Inter Pipeline Ltd 6.88% 26-Mar-2079 0.80
Parkland Corp 4.50% 01-Oct-2029 0.79
CCO Holdings LLC 6.38% 01-Sep-2029 0.76
Videotron Ltd 3.63% 29-Jun-2025 0.75

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: L.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return1234567891011122%4%6%8%10%12%14%16%

Mackenzie Global High Yield Fixed Income ETF

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 4.82% 5.41% -
Beta 0.57% 0.62% -
Alpha 0.00% 0.01% -
Rsquared 0.33% 0.52% -
Sharpe 0.69% 0.29% -
Sortino 1.66% 0.29% -
Treynor 0.06% 0.03% -
Tax Efficiency 71.78% 50.63% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.92% 4.82% 5.41% -
Beta 0.25% 0.57% 0.62% -
Alpha 0.05% 0.00% 0.01% -
Rsquared 0.23% 0.33% 0.52% -
Sharpe 1.47% 0.69% 0.29% -
Sortino 3.37% 1.66% 0.29% -
Treynor 0.17% 0.06% 0.03% -
Tax Efficiency 73.27% 71.78% 50.63% -

Fund Details

Start Date April 26, 2017
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $18.29
52 Week Low $16.84
Annual Dividend $0.93
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

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

Investment Objectives

Mackenzie Global High Yield Fixed Income ETF seeks to provide a steady flow of income with potential for long term capitl growth by investing primarily in higher yielding fixed-income securities and instruments of companies anywhere in the world and in other fixed-income securities issued by companies or governments of any size, anywhere in the world.

Investment Strategy

The Fund invests in higher yielding and other fixed-income securities and instruments. It employs a fundamental credit analysis in selecting its portfolio holdings, and seeks to take advantage of relative value opportunities that exist in the golbal fixed-income space. It has the flexibility to invest in a wide variety of fixed-income securities and other assets from anywhere in the world, including governments bonds, high yield bonds and loans.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Steve Locke
  • Dan Cooper
  • Movin Mokbel
  • Konstantin Boehmer
Sub-Advisor

-

Management and Organization

Fund Manager

Mackenzie Financial Corporation

Custodian

Canadian Imperial Bank of Commerce

Registrar

TSX Trust Company

Distributor

-

Fees

MER 0.66%
Management Fee 0.60%

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports