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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
(10-09-2025)
$18.01
Change
-$0.03 (-0.17%)
Open $17.99
Day Range $17.99 - $18.03
Volume 412

As at September 30, 2025

As at July 31, 2025

Period
Created with Highcharts 10.3.3Closing PriceVolumeNov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 2025Oct 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$18.2502,000,000250,000500,000Period
Created with Highcharts 10.3.3Jul 2017Jul 20…Jan 2018Jul 2018Jan 2019Jul 2019Jan 2020Jul 2020Jan 2021Jul 2021Jan 2022Jul 2022Jan 2023Jul 2023Jan 2024Jul 2024Jan 2025Jul 2025Nov 2024Dec 2024Dec 2024Jan 2025Feb 2025Mar 2025Apr 2025May 2025Jun 2025Jul 2025Aug 2025Sep 2025Oct 20252018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-20%-10%0%-30%10%-4%-3%-2%-1%1%2%Period

Legend

Mackenzie Global High Yield Fixed Income ETF

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Fund Returns

Inception Return (April 26, 2017): 3.91%

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 1.01% 1.98% 3.88% 4.70% 5.34% 9.22% 8.40% 2.41% 3.67% 3.94% 4.07% 3.93% - -
Benchmark 2.13% 4.50% 3.81% 5.95% 11.51% 14.19% 13.09% 5.82% 5.63% 5.49% 5.90% 5.74% 5.61% 6.10%
Category Average 0.86% 4.64% 4.64% 5.25% 5.70% 9.12% 7.95% 2.44% 3.60% 3.35% 3.43% 3.19% 3.40% 3.84%
Category Rank 72 / 240 150 / 238 151 / 238 126 / 235 143 / 235 130 / 232 132 / 228 150 / 222 143 / 215 95 / 210 82 / 199 73 / 181 - -
Quartile Ranking 2 3 3 3 3 3 3 3 3 2 2 2 - -

Monthly Return

Created with Highcharts 10.3.3Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25-4%-2%0%2%4%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.18% 0.99% -0.19% 1.00% 0.60% -0.81% -0.38% 1.17% 1.07% 0.54% 0.41% 1.01%
Benchmark 2.26% 0.82% 2.08% 1.94% 0.36% -0.24% -3.14% 1.07% 1.47% 1.52% 0.80% 2.13%

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 - - - 53/ 183 100/ 206 28/ 213 145/ 215 139/ 222 141/ 228 110/ 234

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 75.87
Canadian Corporate Bonds 15.35
Cash and Equivalents 4.65
Canadian Equity 1.37
Canadian Government Bonds 0.85
Other 1.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 93.40
Cash and Cash Equivalent 4.65
Utilities 0.80
Consumer Goods 0.56
Financial Services 0.24
Other 0.35

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.19
Europe 2.50
Latin America 0.35
Other 6.96

Top Holdings

Top Holdings
Name Percent
Enbridge Inc 5.38% 27-Sep-2027 1.47
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 0.84
Inter Pipeline Ltd 6.88% 26-Mar-2079 0.80
COGENT COMMUNICATI 6.5 01JUL32 144A 0.80
Parkland Corp 4.50% 01-Oct-2029 0.79
WARNERMEDIA HLDGS INC 5.05 15MAR42 0.75
CCO Holdings LLC 6.38% 01-Sep-2029 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 Return1234567892%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 3.90% 5.21% -
Beta 0.43% 0.61% -
Alpha 0.03% 0.00% -
Rsquared 0.26% 0.53% -
Sharpe 1.07% 0.21% -
Sortino 2.99% 0.20% -
Treynor 0.10% 0.02% -
Tax Efficiency 74.63% 46.01% -
Volatility Volatility rating is 1 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 1 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 2.32% 3.90% 5.21% -
Beta 0.20% 0.43% 0.61% -
Alpha 0.03% 0.03% 0.00% -
Rsquared 0.20% 0.26% 0.53% -
Sharpe 0.99% 1.07% 0.21% -
Sortino 1.63% 2.99% 0.20% -
Treynor 0.12% 0.10% 0.02% -
Tax Efficiency 62.02% 74.63% 46.01% -

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 $18.35
52 Week Low $17.07
Annual Dividend $0.89
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%

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