Key stats
About Mackenzie GQE World Low Volatility ETF
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Inception date
Feb 20, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55453H1082
The fund seeks long-term capital growth by investing in large and mid-capitalization stocks from developed markets. It applies a quantitative, bottom-up selection investment process based on fundamental insights and following a core investment style. The portfolio management team uses a quantitative approach to stock selection, portfolio construction and transaction cost measurement, while employing fundamental ideas in a disciplined, risk-aware manner. The ETF aims to operate with lower volatility against its benchmark while also following an ESG-integrated approach through quantitative modelling. The approach determines ESG characteristics that are perceived to be 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
Finance
Technology Services
Consumer Non-Durables
Health Technology
Stocks97.77%
Finance15.60%
Technology Services14.91%
Consumer Non-Durables11.67%
Health Technology10.47%
Communications9.58%
Electronic Technology6.83%
Utilities6.17%
Industrial Services5.88%
Retail Trade5.29%
Distribution Services3.14%
Health Services2.22%
Consumer Services1.47%
Energy Minerals1.09%
Commercial Services1.09%
Transportation0.97%
Process Industries0.85%
Non-Energy Minerals0.54%
Bonds, Cash & Other2.23%
Cash2.23%
Stock breakdown by region
North America70.78%
Europe16.39%
Asia12.07%
Middle East0.57%
Oceania0.19%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MWLV invests in stocks. The fund's major sectors are Finance, with 15.60% stocks, and Technology Services, with 14.91% of the basket. The assets are mostly located in the North America region.
MWLV last dividends amounted to 0.19 CAD. Six months before that, the issuer paid 0.05 CAD in dividends, which shows a 73.83% increase.
MWLV assets under management is 321.22 M CAD. It's risen 5.90% over the last month.
MWLV fund flows account for 212.23 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, MWLV pays dividends to its holders with the dividend yield of 0.95%. The last dividend (Jun 30, 2025) amounted to 0.19 CAD. The dividends are paid semi-annually.
MWLV shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Feb 20, 2024, and its management style is Active.
MWLV expense ratio is 0.56% meaning you'd have to pay 0.56% of your investment to help manage the fund.
MWLV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MWLV invests in stocks.
MWLV price has risen by 2.72% over the last month, and its yearly performance shows a 12.58% increase. See more dynamics on MWLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.69% over the last month, showed a 2.50% increase in three-month performance and has increased by 8.58% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 1.69% over the last month, showed a 2.50% increase in three-month performance and has increased by 8.58% in a year.
MWLV trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.