MACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CADMACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CADMACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CAD

MACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CAD

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Key stats

Assets under management (AUM)
‪63.14 M‬CAD
Fund flows (1Y)
Dividend yield (indicated)
3.42%
Discount/Premium to NAV
1.8%

About MACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CAD

Issuer
Power Financial Corp.
Brand
Mackenzie
Inception date
Nov 20, 2023
Index tracked
Solactive Canadian Long Term Government Bond Index - CAD - Benchmark TR Gross
Management style
Passive
The fund is passively managed to provide exposure to the longer-dated segment of Canadian government debt. The index holds CAD-denominated sovereign and province/state government bonds. Municipal bonds are excluded by the index. Eligible securities must have at least 15 years to maturity and a minimum amount outstanding of at least CAD 150 million. The index maintains an average bond rating between AAA and A. The index weights the portfolio by market value and rebalances on a monthly basis.

Classification

Asset Class
Fixed income
Category
Government, broad-based
Focus
Investment grade
Niche
Long-term
Strategy
Vanilla
Weighting scheme
Market value
Selection criteria
Market value

Returns

1 month3 monthsYear to date1 year3 years5 years
Price performance
NAV total return

What's in the fund

As of May 30, 2024
Exposure type
Bonds, Cash & Other
Government
Bonds, Cash & Other100.00%
Government97.95%
Cash2.05%
Top 10 holdings

Dividends

Dividend payout history

Assets under management (AUM)

Fund Flows