Key stats
About Mackenzie Global Dividend ETF Trust Units
Home page
Inception date
Jun 6, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545421003
The fund seeks long-term capital growth and current income by investing in dividend-paying companies, as well as other income-producing securities. It applies a disciplined investment process in selecting attractively valued companies, combining above-average yield with growth potential. In the stock selection process, the portfolio manager considers upside potential and downside risk and utilizes sector allocation in managing overall portfolio risk. Although the fund primarily invests in equities, it may hold some fixed-income securities, including convertible bonds and warrants. Investments in emerging markets are capped at 25%. The ETF integrates ESG screens in its investment process, which determines ESG characteristics perceived as most material to financial performance that could lead to better risk-adjusted returns. As an actively managed fund, the portfolio manager has full discretion to make any investment at any time.
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
Electronic Technology
Finance
Technology Services
Stocks99.88%
Electronic Technology18.46%
Finance17.61%
Technology Services16.08%
Consumer Non-Durables9.96%
Health Technology9.05%
Retail Trade3.96%
Distribution Services3.63%
Commercial Services3.37%
Energy Minerals2.73%
Utilities2.59%
Producer Manufacturing2.53%
Transportation1.88%
Industrial Services1.84%
Communications1.48%
Consumer Services1.31%
Process Industries1.23%
Non-Energy Minerals0.99%
Health Services0.62%
Consumer Durables0.58%
Bonds, Cash & Other0.12%
Cash0.12%
Stock breakdown by region
North America65.11%
Europe24.40%
Asia10.49%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MGDV invests in stocks. The fund's major sectors are Electronic Technology, with 18.46% stocks, and Finance, with 17.61% of the basket. The assets are mostly located in the North America region.
MGDV top holdings are Microsoft Corporation and Philip Morris International Inc., occupying 5.15% and 3.58% of the portfolio correspondingly.
MGDV last dividends amounted to 0.11 CAD. Six months before that, the issuer paid 0.01 CAD in dividends, which shows a 88.46% increase.
MGDV assets under management is 334.61 M CAD. It's risen 5.17% over the last month.
MGDV fund flows account for 144.48 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, MGDV pays dividends to its holders with the dividend yield of 0.65%. The last dividend (Jun 30, 2025) amounted to 0.11 CAD. The dividends are paid semi-annually.
MGDV shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Jun 6, 2024, and its management style is Active.
MGDV expense ratio is 0.89% meaning you'd have to pay 0.89% of your investment to help manage the fund.
MGDV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MGDV invests in stocks.
MGDV price has risen by 3.03% over the last month, and its yearly performance shows a 15.66% increase. See more dynamics on MGDV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a 6.35% increase in three-month performance and has increased by 10.61% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.08% over the last month, showed a 6.35% increase in three-month performance and has increased by 10.61% in a year.
MGDV trades at a premium (0.19%) meaning the ETF is trading at a higher price than the calculated NAV.