Key stats
About MACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER E
Expense ratio
0.53%
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Inception date
Oct 24, 2019
The fund is passively managed to hold bonds issued by sovereigns or central banks from emerging markets, including China. Eligible bonds must be denominated in local currency and should have at least one year remaining to maturity. Inflation-linked bonds and T-bills are not eligible. The resulting portfolio is weighted by market value, with country weights capped at 10%. The index is rebalanced monthly.
Classification
What's in the fund
Exposure type
Government
Corporate
Bonds, Cash & Other100.00%
Government80.45%
Corporate15.58%
Cash3.97%