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

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 18.69

Change

+0.03 (+0.16)%

Market Cap

CAD 0.01B

Volume

0.03M

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: 2024-09-19 )

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 %

+0.03 (+0.13%)

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

+0.06 (+0.52%)

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

+0.02 (+0.16%)

CAD 0.63B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

+0.03 (+0.18%)

CAD 0.42B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

+0.08 (+0.46%)

CAD 0.10B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

N/A

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

N/A

CAD 0.05B
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 %

+0.02 (+0.07%)

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 2.52% 42% F 25% F
Dividend Return 3.19% 50% F 70% C-
Total Return 5.71% 42% F 32% F
Trailing 12 Months  
Capital Gain 5.36% 17% F 27% F
Dividend Return 5.43% 50% F 80% B-
Total Return 10.79% 42% F 36% F
Trailing 5 Years  
Capital Gain -9.62% 58% F 24% F
Dividend Return 17.34% 60% D- 69% C-
Total Return 7.72% 75% C 34% F
Average Annual (5 Year Horizon)  
Capital Gain -3.16% 33% F 18% F
Dividend Return 0.64% 50% F 30% F
Total Return 3.80% 67% D+ 81% B-
Risk Return Profile  
Volatility (Standard Deviation) 4.83% 100% F 90% A-
Risk Adjusted Return 13.32% 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.