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About Mackenzie US TIPS Index ETF (CAD-Hedged)
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Inception date
Jan 24, 2018
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55456B1085
The fund provides exposure to an index of inflation-linked bonds issued by the US government. Eligible securities must be denominated in USD, have an effective time to maturity of at least 18 months for new issuers, and have a par amount outstanding of not less than 750 million USD. Constituents are market-cap weighted and rebalanced on a monthly basis. Derivatives may also be in the mix in seeking to hedge the USD exposure of the securities to the CAD. The fund is designed for investors with a low risk appetite who are seeking low cost exposure to a diversified portfolio of inflation-link sovereign debts in the US.
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
Government
Bonds, Cash & Other100.00%
Government100.25%
Cash−0.25%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QTIP top holdings are United States Treasury Notes 0.25% 15-JUL-2029 and United States Treasury Notes 0.875% 15-JAN-2029, occupying 4.77% and 4.39% of the portfolio correspondingly.
QTIP assets under management is 397.77 M CAD. It's risen 4.73% over the last month.
QTIP fund flows account for 115.72 M 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, QTIP doesn't pay dividends to its holders.
QTIP shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Jan 24, 2018, and its management style is Passive.
QTIP expense ratio is 0.17% meaning you'd have to pay 0.17% of your investment to help manage the fund.
QTIP follows the Solactive US Treasury Inflation-Linked Bond Hedged to CAD Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QTIP invests in bonds.
QTIP price has fallen by −0.06% over the last month, and its yearly performance shows a 0.15% increase. See more dynamics on QTIP price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.36% over the last month, have fallen by −0.36% over the last month, showed a 0.41% increase in three-month performance and has increased by 2.81% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.36% over the last month, have fallen by −0.36% over the last month, showed a 0.41% increase in three-month performance and has increased by 2.81% in a year.
QTIP trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.