Key stats
About Mackenzie AAA CLO ETF Trust Units
Home page
Inception date
May 1, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545381082
MAAA offers steady income with a lower risk of default by exclusively holding North American AAA-rated tranches of collateralized loan obligations (CLOs). These tranches benefit from significant structural protections such as subordination and overcollateralization. The strategy aims to seize opportunities presented by wider credit spreads and higher base rates in the current macroeconomic environment. As part of the strategy, the fund also follows a proprietary ESG-integrated approach, using quantitative models to evaluate risk factors like emissions, labor practices, and governance to manage corporate loan risks.
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
Securitized
Bonds, Cash & Other100.00%
Securitized107.46%
Cash−7.46%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MAAA last dividends amounted to 0.23 CAD. The month before, the issuer paid 0.23 CAD in dividends,
MAAA assets under management is 109.00 M CAD. It's risen 25.79% over the last month.
MAAA fund flows account for 106.58 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.
Yes, MAAA pays dividends to its holders with the dividend yield of 5.31%. The last dividend (Sep 9, 2025) amounted to 0.23 CAD. The dividends are paid monthly.
MAAA shares are issued by Power Corp. of Canada under the brand Mackenzie. The ETF was launched on May 1, 2025, and its management style is Active.
MAAA follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAAA invests in bonds.
MAAA trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.