Key stats
About Mackenzie Canadian High Dividend Yield ETF Trust Units
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Inception date
Sep 3, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545631064
The fund invests in a portfolio of Canadian equity securities and ETFs with above-average dividend yields. It employs a systematic, rules-based strategy that evaluates dividend yield, momentum, quality, and volatility to select securities. To enhance income, the fund writes put and call options based on market volatility, generating premiums while allowing the purchase of securities at discounted prices or hedging of existing positions. Additionally, it uses derivatives such as swaps, futures, and forwards to manage risk and optimize returns. The fund may employ leverage through borrowing, up to 50% of net asset value, and derivatives. The total leverage exposure is generally kept below 200% but allowed up to 300%. The strategy integrates ESG considerations by favoring companies with improving sustainability risk profiles, reducing exposure to high-controversy securities. During unfavorable market conditions, the fund may hold cash or short-term debt securities.
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
Finance
Energy Minerals
Government
Stocks99.06%
Finance32.06%
Energy Minerals15.15%
Utilities9.15%
Communications6.04%
Industrial Services5.51%
Producer Manufacturing2.59%
Distribution Services2.27%
Process Industries2.03%
Health Services1.86%
Transportation1.79%
Consumer Services1.70%
Commercial Services1.70%
Miscellaneous1.46%
Bonds, Cash & Other0.94%
Government18.22%
Cash1.63%
Rights & Warrants−0.03%
Miscellaneous−18.87%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MHDC invests in stocks. The fund's major sectors are Finance, with 38.13% stocks, and Energy Minerals, with 18.01% of the basket. The assets are mostly located in the North America region.
MHDC last dividends amounted to 0.12 CAD. The month before, the issuer paid 0.01 CAD in dividends, which shows a 89.22% increase.
Yes, MHDC pays dividends to its holders with the dividend yield of 3.63%. The last dividend (Dec 8, 2025) amounted to 0.12 CAD. The dividends are paid monthly.
MHDC shares are issued by Power Corp. of Canada under the brand Mackenzie. The ETF was launched on Sep 3, 2025, and its management style is Active.
MHDC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MHDC invests in stocks.
MHDC trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.