MUB:CA:TSX-Mackenzie Unconstrained Bond ETF (CAD)

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 18.59

Change

+0.06 (+0.30)%

Market Cap

CAD 0.01B

Volume

0.02M

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Mackenzie Unconstrained Bond ETF seeks to provide a positive total return over a market cycle, regardless of market conditions, by investing primarily in fixed-income securities of issuers anywhere in the world and in derivative instruments.

Inception Date: 19/04/2016

Primary Benchmark: FTSE Canada 91 Day TBill

Primary Index: CIBC WM 91 Day Treasury Bill CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.58 %

Unadjusted Closing Price

Adjusted Closing Price

Assets

N/A

Top Holdings

N/A

Top Sectors

N/A

Top Regions

N/A

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2024-08-28 )

Largest Industry Peers for High Yield Fixed Income

Symbol Name Mer Price(Change) Market Cap
ZJK:CA BMO High Yield US Corporate Bo.. 0.58 %

+0.08 (+0.43%)

CAD 1.06B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

+0.02 (+0.18%)

CAD 0.97B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

+0.02 (+0.16%)

CAD 0.62B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

+0.06 (+0.33%)

CAD 0.41B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

+0.14 (+0.81%)

CAD 0.09B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

+0.04 (+0.21%)

CAD 0.09B
XSI:CA iShares Short Term Strategic F.. 0.56 %

N/A

CAD 0.04B
QHY:CA Mackenzie US High Yield Bond I.. 0.56 %

N/A

CAD 0.04B
PBD:CA Purpose Total Return Bond 0.72 %

N/A

CAD 0.01B
ZGSB:CA BMO Global Strategic Bond ETF 0.82 %

+0.01 (+0.04%)

CAD 0.01B

ETFs Containing MUB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (High Yield Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain 1.97% 58% F 28% F
Dividend Return 2.74% 50% F 68% D+
Total Return 4.72% 42% F 33% F
Trailing 12 Months  
Capital Gain 3.51% 8% B- 27% F
Dividend Return 4.92% 50% F 75% C
Total Return 8.43% 42% F 38% F
Trailing 5 Years  
Capital Gain -10.24% 58% F 24% F
Dividend Return 16.93% 60% D- 68% D+
Total Return 6.69% 75% C 34% F
Average Annual (5 Year Horizon)  
Capital Gain -3.19% 33% F 19% F
Dividend Return 0.57% 42% F 32% F
Total Return 3.76% 58% F 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 4.74% 100% F 90% A-
Risk Adjusted Return 12.12% 50% F 37% F
Market Capitalization 0.01B N/A N/A N/A N/A

Annual Financials (CAD)

Quarterly Financials (CAD)

Analyst Rating

Target Price Action Rating Action Analyst Rating Price Date

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Low volatility

The stock’s annual returns have been stable and consistent compared to its sector peers(for a hold period of at least 12 months) and is in the top quartile. Although stability is good, also keep in mind it can limit returns.

What to not like:
Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.