Key stats
About Mackenzie Defensive 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
CA55454C1086
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 defensive sectors like consumer staples, healthcare, and utilities. Stock selection employs a systematic, rules-based process that evaluates companies based on measures such as price volatility, earnings stability, and consistency of earnings estimate. 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 be more resilient during economic slowdowns. 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.
MDEF trades at 19.81 CAD today, its price has risen 0.50% in the past 24 hours. Track more dynamics on MDEF price chart.
MDEF net asset value is 19.97 today — it's fallen 0.16% 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.
MDEF assets under management is 1.97 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.
MDEF 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, MDEF 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, MDEF doesn't pay dividends to its holders.
MDEF 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.
MDEF shares are issued by Power Corp. of Canada
MDEF 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.