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
Health Technology
Stocks97.14%
Finance27.19%
Health Technology10.33%
Technology Services9.88%
Electronic Technology8.13%
Retail Trade6.84%
Producer Manufacturing5.97%
Consumer Non-Durables4.64%
Transportation3.65%
Utilities3.58%
Communications3.44%
Consumer Services3.08%
Health Services2.81%
Commercial Services2.58%
Non-Energy Minerals2.53%
Consumer Durables1.26%
Industrial Services1.04%
Process Industries0.10%
Energy Minerals0.09%
Bonds, Cash & Other2.86%
Cash2.86%
Stock breakdown by region
Europe63.72%
Asia23.92%
Oceania11.08%
Middle East1.27%
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 27.19% stocks, and Health Technology, with 10.33% 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 614.85 M CAD. It's risen 10.65% over the last month.
MIQE fund flows account for 562.12 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 −0.34% over the last month, and its yearly performance shows a 28.22% increase. See more dynamics on MIQE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.22% over the last month, showed a 6.59% increase in three-month performance and has increased by 26.18% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.22% over the last month, showed a 6.59% increase in three-month performance and has increased by 26.18% in a year.
MIQE trades at a premium (0.35%) meaning the ETF is trading at a higher price than the calculated NAV.