ducovest

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

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 18.365

Change

-0.02 (-0.08)%

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.

Company Website : www.mackenzieinvestments.com

Currency: CAD

Country : Canada

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: 2024-12-24 )

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 %

N/A

 CAD 1.10B
ZHY:CA BMO High Yield US Corporate Bo.. 0.60 %

N/A

 CAD 0.98B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

N/A

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

N/A

 CAD 0.48B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

N/A

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

N/A

 CAD 0.10B
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 %

N/A

 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 0.74% 50% F 24% F
Dividend Return 4.42% 42% F 63% D
Total Return 5.16% 33% F 27% F
Trailing 12 Months  
Capital Gain 0.19% 33% F 22% F
Dividend Return 4.98% 42% F 66% D+
Total Return 5.17% 33% F 25% F
Trailing 5 Years  
Capital Gain -11.11% 50% F 26% F
Dividend Return 19.88% 42% F 57% F
Total Return 8.77% 50% F 26% F
Average Annual (5 Year Horizon)  
Capital Gain -3.04% 17% F 14% F
Dividend Return 0.67% 42% F 25% F
Total Return 3.71% 67% D+ 83% B
Risk Return Profile  
Volatility (Standard Deviation) 5.47% 92% A 90% A-
Risk Adjusted Return 12.27% 42% F 29% 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.