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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

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Close
(01-22-2025)
$17.98
Change
$0.02 (0.11%)
Open $18.04
Day Range $18.04 - $18.05
Volume 5,090

As at December 31, 2024

As at October 31, 2024

Period

Chart

Combination chart with 3 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 3 Y axes displaying Closing Price Volume and navigator-y-axis.
Viewing Data ranges from 2017-06-21 00:00:00 to 2025-01-22 00:00:00.
End of interactive chart.

Chart

Combination chart with 2 data series.
The chart has 2 X axes displaying Time and navigator-x-axis.
The chart has 2 Y axes displaying values and navigator-y-axis.
Viewing Data ranges from 2017-06-21 00:00:00 to 2025-01-22 00:00:00.
End of interactive chart.

Legend

Mackenzie Global High Yield Fixed Income ETF

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Fund Returns

Inception Return (April 26, 2017): 3.68%

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 -0.19% 0.62% 5.07% 8.09% 8.09% 8.54% 1.78% 2.18% 3.24% 4.55% 3.67% - - -
Benchmark 2.08% 5.25% 9.99% 17.23% 17.23% 13.74% 6.39% 4.89% 5.14% 5.61% 5.57% 5.24% 5.84% 6.72%
Category Average -0.34% 4.45% 4.45% 7.12% 7.12% 7.85% 1.54% 1.95% 2.63% 3.74% 2.80% 3.12% 3.82% 3.15%
Category Rank 194 / 303 184 / 303 134 / 302 138 / 301 138 / 301 160 / 295 174 / 286 179 / 277 132 / 272 104 / 262 86 / 237 - - -
Quartile Ranking 3 3 2 2 2 3 3 3 2 2 2 - - -

Monthly Return

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -0.6825 to 2.9503.
End of interactive chart.
Monthly Return
Return % Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec
Fund 0.65% 0.03% 1.04% -0.68% 1.17% 0.64% 2.07% 1.07% 1.23% -0.18% 0.99% -0.19%
Benchmark 1.39% 1.87% 0.83% 0.55% 0.00% 1.79% 2.95% -0.48% 2.00% 2.26% 0.82% 2.08%

Best Monthly Return Since Inception

3.91% (April 2020)

Worst Monthly Return Since Inception

-8.13% (March 2020)

Calendar Return (%)

Chart

Bar chart with 2 data series.
The chart has 1 X axis displaying categories.
The chart has 1 Y axis displaying values. Data ranges from -10.502826 to 17.230188.
End of interactive chart.
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 - - - 76/ 237 101/ 262 31/ 272 167/ 277 190/ 286 161/ 295 138/ 301

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 72.09
Canadian Corporate Bonds 14.48
Cash and Equivalents 7.01
Foreign Government Bonds 3.23
Canadian Equity 1.91
Other 1.28

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.49
Cash and Cash Equivalent 7.01
Utilities 0.72
Consumer Goods 0.58
Financial Services 0.37
Other 0.83

Geographic Allocation

Geographic Allocation
Name Percent
North America 90.72
Europe 2.92
Latin America 1.96
Africa and Middle East 0.99
Multi-National 0.02
Other 3.39

Top Holdings

Top Holdings
Name Percent
Enbridge Inc 5.38% 27-Sep-2027 1.56
ENEL Finance International NV 2.50% 12-Apr-2031 1.12
Keyera Corp 6.88% 13-Jun-2079 1.01
South Africa Government 8.88% 28-Feb-2035 0.99
Athenahealth Group Inc 6.50% 15-Feb-2030 0.97
Rogers Communications Inc 5.25% 15-Mar-2082 0.94
Brazil Government 10.00% 01-Jan-2027 0.92
Gartner Inc 3.63% 01-Feb-2025 0.91
TransCanada Trust 4.65% 18-May-2027 0.81
Inter Pipeline Ltd 6.88% 26-Mar-2079 0.81

Equity Style

Equity style data not available

Fixed Income Style

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

Risk vs Return (3 Yr)

Chart

Scatter chart with 3 data series.
The chart has 1 X axis displaying Risk (Annualized Standard Deviation). Data ranges from 0.6551 to 13.5181.
The chart has 1 Y axis displaying Return. Data ranges from -4.485139 to 10.324205.
End of interactive chart.

Mackenzie Global High Yield Fixed Income ETF

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.30% 6.89% -
Beta 0.74% 0.77% -
Alpha -0.03% -0.01% -
Rsquared 0.62% 0.65% -
Sharpe -0.27% 0.16% -
Sortino -0.22% 0.08% -
Treynor -0.02% 0.01% -
Tax Efficiency - 37.41% -
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 2.69% 6.30% 6.89% -
Beta 0.01% 0.74% 0.77% -
Alpha 0.08% -0.03% -0.01% -
Rsquared 0.00% 0.62% 0.65% -
Sharpe 1.29% -0.27% 0.16% -
Sortino 4.25% -0.22% 0.08% -
Treynor 2.59% -0.02% 0.01% -
Tax Efficiency 74.58% - 37.41% -

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 $18.28
52 Week Low $16.56
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 Manager(s)

Name Start Date
Dan Cooper 08-09-2016
Steve Locke 08-09-2016
Konstantin Boehmer 08-09-2016
Movin Mokbel 08-09-2016

Management and Organization

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

Fees

MER 0.67%
Management Fee 0.60%

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