Key stats
About Mackenzie GQE International Equity ETF
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Inception date
Sep 10, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Qualified dividends
Income tax type
Capital Gains
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55456A1003
The fund targets long-term capital growth by investing in equity securities of companies in developed countries, excluding the United States and Canada. The strategy focuses on undervalued, high-quality companies with growth prospects. The Portfolio Manager uses a bottom-up, quantitative stock selection process, analyzing stocks through a region/sector relative model framework. The fund follows an ESG-Integrated approach, integrating ESG characteristics into stock selection models for better risk-adjusted returns. The fund may hold a portion of its net assets in other investment funds, including other exchange-traded funds managed by the Manager.
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
Technology Services
Stocks96.39%
Finance25.07%
Technology Services11.99%
Health Technology7.81%
Producer Manufacturing6.89%
Retail Trade6.09%
Electronic Technology5.99%
Transportation4.75%
Consumer Non-Durables4.56%
Utilities4.03%
Communications3.63%
Commercial Services3.24%
Non-Energy Minerals2.86%
Health Services2.81%
Industrial Services2.25%
Consumer Services1.87%
Consumer Durables1.50%
Process Industries1.04%
Bonds, Cash & Other3.61%
Cash3.61%
Stock breakdown by region
Europe65.63%
Asia22.90%
Oceania11.26%
Middle East0.21%
North America0.00%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MIQE invests in stocks. The fund's major sectors are Finance, with 25.07% stocks, and Technology Services, with 11.99% of the basket. The assets are mostly located in the Europe region.
MIQE last dividends amounted to 0.06 CAD. The year before, the issuer paid 0.05 CAD in dividends, which shows a 13.24% increase.
MIQE assets under management is 481.58 M CAD. It's risen 14.54% over the last month.
MIQE fund flows account for 447.42 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.
MIQE shares are issued by Power Corp. of Canada under the brand Mackenzie. The ETF was launched on Sep 10, 2024, and its management style is Active.
MIQE expense ratio is 1.36% meaning you'd have to pay 1.36% of your investment to help manage the fund.
MIQE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MIQE invests in stocks.
MIQE price has fallen by −0.20% over the last month, and its yearly performance shows a 22.38% increase. See more dynamics on MIQE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 8.09% increase in three-month performance and has increased by 22.86% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by −0.06% over the last month, have fallen by −0.06% over the last month, showed a 8.09% increase in three-month performance and has increased by 22.86% in a year.
MIQE trades at a premium (0.51%) meaning the ETF is trading at a higher price than the calculated NAV.