Key stats
About MACKENZIE GBL FXD INCM ALLOCTN ETF CAD UNIT
Expense ratio
0.29%
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Inception date
Sep 29, 2020
The fund seeks income with a potential for capital appreciation by primarily investing in fixed income ETFs and other funds, which may be managed by the manager. The underlying funds provide exposure to a broad range of debt securities of issuers from around the world, diversified by sector, geography, credit quality, duration, and currency. Exposure to non-investment-grade issues is typically ranged between 5% and 25%, which includes high-yield corporate bonds and certain emerging market sovereign bonds. The fund may also invest directly in fixed income securities or indirectly through the use of derivatives.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF101.04%
Cash−1.04%