ducovest

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

ETF | High Yield Fixed Income | Toronto Stock Exchange

Last Closing

CAD 18.24

Change

+0.11 (+0.61)%

Market Cap

CAD 0.01B

Volume

0.01M

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: 2025-04-29 )

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 %

-0.01 (-0.05%)

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

-0.03 (-0.27%)

 CAD 0.98B
XHY:CA iShares U.S. High Yield Bond I.. 0.67 %

+0.07 (+0.43%)

 CAD 0.72B
ZEF:CA BMO Emerging Markets Bond (CAD.. 0.55 %

-0.10 (-0.81%)

 CAD 0.63B
SYLD:CA Purpose Strategic Yield Fund E.. 1.22 %

+0.04 (+0.21%)

 CAD 0.10B
CVD:CA iShares Convertible Bond Commo.. 0.50 %

+0.06 (+0.35%)

 CAD 0.10B
QHY:CA Mackenzie US High Yield Bond I.. 0.56 %

N/A

 CAD 0.06B
XSI:CA iShares Short Term Strategic F.. 0.56 %

+0.01 (+0.06%)

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

+0.04 (+0.24%)

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

+0.06 (+0.22%)

 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 -0.27% 83% B 60% D-
Dividend Return 1.10% 17% F 63% D
Total Return 0.82% 67% D+ 66% D+
Trailing 12 Months  
Capital Gain 1.73% 50% F 34% F
Dividend Return 4.89% 42% F 84% B
Total Return 6.62% 33% F 43% F
Trailing 5 Years  
Capital Gain -12.10% 17% F 19% F
Dividend Return 19.90% 25% F 51% F
Total Return 7.80% 17% F 22% F
Average Annual (5 Year Horizon)  
Capital Gain -3.15% 25% F 14% F
Dividend Return 0.70% 42% F 23% F
Total Return 3.85% 67% D+ 82% B
Risk Return Profile  
Volatility (Standard Deviation) 5.46% 92% A 90% A-
Risk Adjusted Return 12.72% 42% F 27% 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.