Key stats
About Mackenzie Corporate Knights Global 100 Index ETF Trust Units
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Inception date
Apr 18, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55452V1085
The fund is passively managed to hold a sustainable portfolio of stocks around the globe. Eligible securities must have gross revenue of 1 billion USD. The index initially screens the eligible universe to remove companies with low financial health or involvement in controversial business activities. Remaining securities are scored against their peers on up to 25 key performance indicators that cover various ESG and clean economy criteria. The index selects 100 equities with the highest scores within their respective industries. The resulting portfolio is equally weighted and rebalances on an annual basis.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
Producer Manufacturing
Stocks97.85%
Finance20.51%
Producer Manufacturing13.23%
Consumer Durables9.83%
Electronic Technology7.08%
Communications7.07%
Utilities6.37%
Non-Energy Minerals6.04%
Health Technology5.16%
Consumer Non-Durables4.69%
Technology Services4.62%
Industrial Services3.91%
Process Industries2.64%
Transportation2.30%
Energy Minerals1.30%
Retail Trade1.06%
Health Services1.02%
Consumer Services1.02%
Bonds, Cash & Other2.15%
UNIT1.26%
Cash0.59%
Rights & Warrants0.30%
Stock breakdown by region
Europe48.41%
North America25.05%
Asia17.17%
Latin America3.58%
Middle East2.33%
Oceania2.23%
Africa1.23%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MCKG invests in stocks. The fund's major sectors are Finance, with 20.51% stocks, and Producer Manufacturing, with 13.23% of the basket. The assets are mostly located in the Europe region.
MCKG top holdings are SolarEdge Technologies, Inc. and Nordex SE, occupying 2.31% and 1.76% of the portfolio correspondingly.
MCKG assets under management is 11.59 M CAD. It's risen 13.28% over the last month.
MCKG fund flows account for 83.71 K CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
No, MCKG doesn't pay dividends to its holders.
MCKG shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Apr 18, 2023, and its management style is Passive.
MCKG expense ratio is 0.70% meaning you'd have to pay 0.70% of your investment to help manage the fund.
MCKG follows the Corporate Knights Global 100 Index - CAD - Benchmark TR Net. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MCKG invests in stocks.
MCKG price has risen by 2.37% over the last month, and its yearly performance shows a 12.39% increase. See more dynamics on MCKG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.43% over the last month, showed a 9.31% increase in three-month performance and has increased by 12.03% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.43% over the last month, showed a 9.31% increase in three-month performance and has increased by 12.03% in a year.
MCKG trades at a premium (0.41%) meaning the ETF is trading at a higher price than the calculated NAV.