MGB:CA:TSX-Mackenzie Core Plus Global Fixed Income ETF (CAD)

ETF | Global Fixed Income | Toronto Stock Exchange

Last Closing

CAD 16.13

Change

-0.02 (-0.12)%

Market Cap

CAD 0.02B

Volume

8.73K

Analyst Target

N/A
Analyst Rating

N/A

ducovest Verdict

Verdict

About

Mackenzie Core Plus Global Fixed Income ETF seeks to provide a steady flow of income with an emphasis on capital preservation by investing primarily in investment-grade fixed-income securities denominated in Canadian or foreign currencies that are issued by companies or governments.

Inception Date: 19/04/2016

Primary Benchmark: BoAML Gbl Bd Market CAD-Hedged TR CAD

Primary Index: Barclays Global Aggregate TR CAD

Gross Expense Ratio: NA%

Management Expense Ratio: 0.67 %

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: 2024-12-24 )

Largest Industry Peers for Global Fixed Income

Symbol Name Mer Price(Change) Market Cap
PMIF:CA PIMCO Monthly Income ETF 0.85 %

N/A

CAD 2.80B
FGO:CA CI Enhanced Government Bond ET.. 0.97 %

N/A

CAD 0.66B
FLGA:CA Franklin Global Core Bond Fund.. 0.39 %

N/A

CAD 0.43B
FSB:CA CI Enhanced Short Duration Bon.. 0.77 %

N/A

CAD 0.19B
XSE:CA iShares Conservative Strategic.. 0.56 %

N/A

CAD 0.12B
XSC:CA iShares Conservative Short Ter.. 0.45 %

N/A

CAD 0.06B
HAF:CA Global X Active Global Fixed I.. 0.82 %

N/A

CAD 0.04B
PMNT:CA PIMCO Global Short Maturity Fu.. 0.00 %

N/A

CAD 0.03B
ZMSB:CA BMO Sustainable Global Multi-S.. 0.67 %

N/A

CAD 0.01B
PLDI:CA PIMCO Low Duration Monthly Inc.. 0.00 %

N/A

CAD 2.03M

ETFs Containing MGB:CA

N/A

Market Performance

  Market Performance vs. Industry/Classification (Global Fixed Income) Market Performance vs. Exchange (Toronto Stock Exchange)
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -2.06% 18% F 18% F
Dividend Return 4.45% 67% D+ 63% D
Total Return 2.38% 25% F 19% F
Trailing 12 Months  
Capital Gain -1.83% 17% F 18% F
Dividend Return 4.77% 67% D+ 63% D
Total Return 2.95% 25% F 19% F
Trailing 5 Years  
Capital Gain -16.55% 8% B- 20% F
Dividend Return 18.42% 58% F 54% F
Total Return 1.86% 33% F 21% F
Average Annual (5 Year Horizon)  
Capital Gain -4.66% 8% B- 10% F
Dividend Return -1.46% 8% B- 15% F
Total Return 3.20% 100% F 77% C+
Risk Return Profile  
Volatility (Standard Deviation) 6.42% 33% F 86% B+
Risk Adjusted Return -22.73% 33% F 12% F
Market Capitalization 0.02B 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:
Superior total returns

The stock has outperformed its sector peers on average annual total returns basis in the past 5 years (for a hold period of at least 12 months) and is in the top quartile.

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.

High volatility

The total returns for this company are volatile and above median for its sector over the past 5 years. Make sure you have the risk tolerance for investing in such stock.