Key stats
About MACKENZIE CANADIAN ULTRA SHORT BOND UNITS ETF CAD
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Inception date
Nov 20, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
The fund is passively managed to provide exposure to the ultra-short segment of Canadian debt. The index holds CAD-denominated government and corporate bonds. The government bond sleeve covers sovereign and local authority/political division bonds but excludes municipal bonds. Maple bonds or foreign-issued, CAD-denominated bonds are eligible for inclusion. Eligible securities must have at least 0 to 1 year 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, with the corporate bond sleeve getting 75% weight and the government bond sleeve 25%. Individual bond weights are capped at 5%. The index rebalances on a monthly basis.
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
Corporate
Government
Bonds, Cash & Other100.00%
Corporate71.19%
Government25.41%
Cash3.38%
Futures0.03%
Stock breakdown by region
North America79.87%
Oceania17.60%
Europe2.53%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history