Key stats
About Mackenzie Cyclical Tilt ETF Trust Units
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Inception date
Sep 3, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545491055
The fund invests in large- and mid-cap US companies that are less sensitive to economic cycles, spanning across all sectors rather than focusing solely on traditional cyclical sectors like consumer discretionary, financials, real estate, industrials, information technology, materials, and communication services. Stock selection employs a systematic, rules-based process that evaluates companies based on measures such as operating leverage, earnings sensitivity to the economic cycle, and earnings certainty. Securities that score well on these defensive criteria are weighted in the portfolio according to the strength of their defensive characteristics. The strategy aims to identify companies likely to benefit most during economic growth. The fund incorporates ESG considerations by favoring companies with improving sustainability risk profiles, reducing exposure to high-controversy securities.
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Classification
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MCYC trades at 20.83 CAD today, its price has risen 0.10% in the past 24 hours. Track more dynamics on MCYC price chart.
MCYC net asset value is 20.84 today — it's risen 4.19% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MCYC assets under management is 2.08 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MCYC fund flows account for 0.00 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
No, MCYC isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MCYC doesn't pay dividends to its holders.
MCYC trades at a premium (0.04%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MCYC shares are issued by Power Corp. of Canada
MCYC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 3, 2025.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.