Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

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
Sign up Now More Info

Mackenzie Canadian Strategic Fixed Income ETF (MKB : TSX)

Add to My Watchlist

Canadian Fixed Income

FundGrade B Click for more information on Fundata’s FundGrade

FundGrade B

Click for more information on Fundata’s FundGrade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023, 2022, 2021, 2020, 2019

Click for more information on Fundata’s FundGrade

Close
(07-23-2025) 		$18.95
Change
-$0.05 (-0.26%)
Open $19.01
Day Range $18.94 - $19.01
Volume 10,781

As at June 30, 2025

As at April 30, 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 2025Jul 20…Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252017-01-012018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01$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 2025Jul 20…Aug 2024Sep 2024Oct 2024Nov 2024Dec 2024Jan 2025Feb 2025Mar 2025Mar 2025Apr 2025May 2025Jun 2025Jul 20252017-01-012018-01-012019-01-012020-01-012021-01-012022-01-012023-01-012024-01-012025-01-01-10%0%10%-20%20%-1%1%2%3%4%5%Period

Legend

Mackenzie Canadian Strategic Fixed Income ETF

Compare Options

Fund Returns

Inception Return (April 19, 2016): 2.30%

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 0.33% -0.54% 1.22% 1.22% 6.33% 5.07% 4.56% 0.29% -0.02% 1.43% 2.21% 2.07% 2.06% -
Benchmark 0.04% -0.65% 1.32% 1.32% 5.82% 4.77% 4.10% 0.07% -0.47% 0.86% 1.77% 1.66% 1.46% 1.83%
Category Average 0.15% 1.23% 1.23% 1.23% 5.39% 4.36% 3.76% -0.44% -0.60% 0.49% 1.25% 1.08% 0.96% 1.19%
Category Rank 102 / 481 247 / 479 281 / 478 281 / 478 114 / 458 133 / 432 115 / 413 118 / 408 88 / 378 63 / 364 65 / 347 55 / 320 27 / 294 -
Quartile Ranking 1 3 3 3 1 2 2 2 1 1 1 1 1 -

Monthly Return

Created with Highcharts 10.3.3Jul 24Aug 24Sep 24Oct 24Nov 24Dec 24Jan 25Feb 25Mar 25Apr 25May 25Jun 25-2%-1%0%1%2%3%
Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 2.31% 0.37% 1.92% -0.59% 1.61% -0.65% 1.11% 1.13% -0.48% -0.84% -0.03% 0.33%
Benchmark 2.14% 0.52% 1.82% -1.07% 1.51% -0.52% 1.13% 1.14% -0.29% -0.77% 0.08% 0.04%

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/ 309 104/ 330 73/ 358 11/ 370 90/ 392 93/ 409 223/ 418 75/ 442

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 44.30
Canadian Government Bonds 41.59
Foreign Government Bonds 6.21
Cash and Equivalents 5.19
Foreign Corporate Bonds 2.11
Other 0.60

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 94.16
Cash and Cash Equivalent 5.19
Exchange Traded Fund 0.51
Financial Services 0.07
Utilities 0.03
Other 0.04

Geographic Allocation

Geographic Allocation
Name Percent
North America 95.87
Asia 2.97
Europe 0.31
Latin America 0.31
Other 0.54

Top Holdings

Top Holdings
Name Percent
Canada Government 3.25% 01-Jun-2035 6.06
Canada Government 3.25% 01-Dec-2034 5.15
Ontario Province 3.60% 02-Jun-2035 4.32
Canada Government 2.75% 01-Dec-2055 3.63
Quebec Province 4.40% 01-Dec-2055 2.44
Ontario Province 4.60% 02-Dec-2055 1.87
Canada Government 3.50% 01-Sep-2029 1.70
Mackenzie Canadian Aggregate Bond Index ETF (QBB) 1.64
New Zealand Government 3.50% 14-Apr-2033 1.60
TransCanada Trust 4.65% 18-May-2027 1.47

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: L. 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 5.87% 5.63% -
Beta 0.91% 0.91% -
Alpha 0.01% 0.00% -
Rsquared 0.91% 0.93% -
Sharpe 0.11% -0.42% -
Sortino 0.47% -0.67% -
Treynor 0.01% -0.03% -
Tax Efficiency 70.93% - -
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 3.75% 5.87% 5.63% -
Beta 1.00% 0.91% 0.91% -
Alpha 0.00% 0.01% 0.00% -
Rsquared 0.97% 0.91% 0.93% -
Sharpe 0.76% 0.11% -0.42% -
Sortino 1.77% 0.47% -0.67% -
Treynor 0.03% 0.01% -0.03% -
Tax Efficiency 76.06% 70.93% - -

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 $0.73
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%

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
Sign up Now More Info