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Mackenzie Canadian Strategic Fixed Income ETF (MKB : TSX)

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Canadian Fixed Income

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

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Close
(10-09-2025) 		$19.43
Change
$0.00 (0.00%)
Open $19.44
Day Range $19.41 - $19.44
Volume 17,001

As at September 30, 2025

As at July 31, 2025

  • Closing Price / Volume
Period
Created with Highcharts 10.3.3Closing PriceVolumeJul 2016Jan 2017Jul 2017Jan 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 20252018-01-012020-01-012022-01-012024-01-01$18.00$20.00$22.00$16.00$24.00$18.50$19.00$19.50010,000,0001,000,0002,000,000Period
Created with Highcharts 10.3.3Jul 2016Jan 2017Jul 2017Jan 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 20252017-01-012018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-10%0%10%-20%20%-2%-1%1%2%3%4%Period

Legend

Mackenzie Canadian Strategic Fixed Income ETF

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Fund Returns

Inception Return (April 19, 2016): 2.45%

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 2.04% 1.95% 1.41% 3.20% 3.57% 8.03% 5.23% 0.87% 0.19% 1.56% 2.59% 2.54% 2.11% -
Benchmark 1.80% 1.42% 0.76% 2.76% 2.66% 7.60% 4.42% 0.61% -0.31% 0.90% 2.13% 2.09% 1.48% 1.96%
Category Average 1.76% 0.99% 0.99% 2.68% 2.34% 7.26% 4.32% 0.08% -0.48% 0.58% 1.59% 1.45% 1.00% 1.40%
Category Rank 18 / 491 69 / 487 133 / 477 171 / 476 72 / 470 129 / 436 65 / 415 113 / 407 90 / 383 59 / 367 60 / 347 48 / 321 24 / 299 -
Quartile Ranking 1 1 2 2 1 2 1 2 1 1 1 1 1 -

Monthly Return

Created with Highcharts 10.3.3Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25Jul 25Aug 25Sep 25-2%-1%0%1%2%3%
Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund -0.59% 1.61% -0.65% 1.11% 1.13% -0.48% -0.84% -0.03% 0.33% -0.56% 0.48% 2.04%
Benchmark -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04% -0.74% 0.37% 1.80%

Best Monthly Return Since Inception

4.25% (April 2020)

Worst Monthly Return Since Inception

-3.47% (April 2022)

Calendar Return (%)

Created with Highcharts 10.3.3-15%-10%-5%0%5%10%15%
Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund - - 3.05% 1.19% 6.88% 10.63% -2.25% -11.16% 6.38% 4.93%
Benchmark 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38% 4.10%
Category Average 1.07% 1.60% 1.96% -0.34% 6.21% 8.18% -2.79% -12.16% 6.16% 3.68%
Quartile Ranking - - 1 2 1 1 1 1 3 1
Category Rank - - 30/ 306 104/ 327 72/ 356 11/ 368 88/ 390 93/ 407 221/ 416 74/ 440

Best Calendar Return (Last 10 years)

10.63% (2020)

Worst Calendar Return (Last 10 years)

-11.16% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 42.96
Canadian Government Bonds 41.68
Foreign Government Bonds 6.27
Cash and Equivalents 5.51
Foreign Corporate Bonds 2.88
Other 0.70

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 93.85
Cash and Cash Equivalent 5.51
Exchange Traded Fund 0.45
Financial Services 0.08
Utilities 0.03
Other 0.08

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.70
Latin America 3.03
Europe 0.58
Asia 0.26
Other 1.43

Top Holdings

Top Holdings
Name Percent
Canada Government 3.25% 01-Jun-2035 9.63
Ontario Province 3.60% 02-Jun-2035 4.88
Canada Government 3.25% 01-Dec-2034 3.59
Mexico Government 5.50% 04-Mar-2027 2.99
Ontario Province 4.60% 02-Dec-2055 2.29
Canada Government 2.75% 01-Dec-2055 2.20
Quebec Province 4.40% 01-Dec-2055 2.18
United States Treasury 2.13% 15-Jan-2035 1.69
Quebec Province 4.00% 01-Sep-2035 1.65
TransCanada Trust 4.65% 18-May-2027 1.61

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return24681012141618200%2%4%6%8%10%

Mackenzie Canadian Strategic Fixed Income ETF

Median

Other - Canadian Fixed Income

3 Yr Annualized

Standard Deviation 5.45% 5.65% -
Beta 0.91% 0.92% -
Alpha 0.01% 0.00% -
Rsquared 0.90% 0.93% -
Sharpe 0.23% -0.40% -
Sortino 0.72% -0.63% -
Treynor 0.01% -0.02% -
Tax Efficiency 74.33% - -
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 3.39% 5.45% 5.65% -
Beta 0.99% 0.91% 0.92% -
Alpha 0.01% 0.01% 0.00% -
Rsquared 0.96% 0.90% 0.93% -
Sharpe 0.19% 0.23% -0.40% -
Sortino 0.29% 0.72% -0.63% -
Treynor 0.01% 0.01% -0.02% -
Tax Efficiency 59.88% 74.33% - -

Fund Details

Start Date April 19, 2016
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 $19.77
52 Week Low $18.50
Annual Dividend $0.67
Annual Yield -
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 Core Plus Canadian Fixed Income ETF seeks to provide a steady flow of income with an emphasis on capital preservation by investing primarily in investment-grade Canadian government, corporate fixed-income and/or asset-backed securities, in each case with maturities of more than one year.

Investment Strategy

In order to achieve its investment objective, Mackenzie Core Plus Canadian Fixed Income ETF invests primarily in investment-grade Canadian government, corporate fixed-income and/or asset-backed securities, in each case with maturities of more than one year. Mackenzie Core Plus Canadian Fixed Income ETF may also invest in unrated debt instruments and preferred shares.

Portfolio Management

Portfolio Manager

Mackenzie Financial Corporation

  • Steve Locke
  • Felix Wong
  • 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 0.44%
Management Fee 0.40%

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