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Mackenzie Global High Yield Fixed Income ETF (MHYB : NEO)

High Yield Fixed Income

FundGrade C Click for more information on Fundata’s FundGrade

FundGrade C

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2021, 2020

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Close
(07-12-2024)
$17.66
Change
$0.04 (0.23%)
Open -
Day Range - - -
Volume 23

As at June 30, 2024

As at April 30, 2024

Period
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Legend

Mackenzie Global High Yield Fixed Income ETF

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Fund Returns

Inception Return (April 26, 2017): 3.23%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 0.64% 1.12% 2.87% 2.87% 8.47% 7.26% 0.34% 3.05% 2.84% 3.35% 3.24% - - -
Benchmark 1.79% 2.35% 6.59% 6.59% 14.42% 13.47% 3.38% 3.80% 3.77% 4.27% 4.15% 5.14% 5.27% 5.98%
Category Average 0.67% 2.55% 2.55% 2.55% 7.96% 6.42% 0.22% 2.95% 2.20% 2.59% 2.42% 3.10% 2.73% 2.49%
Category Rank 207 / 301 167 / 301 156 / 301 156 / 301 164 / 295 143 / 292 187 / 286 174 / 276 123 / 270 95 / 250 84 / 238 - - -
Quartile Ranking 3 3 3 3 3 2 3 3 2 2 2 - - -

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 1.02% 0.05% -1.03% -0.72% 3.48% 2.61% 0.65% 0.03% 1.04% -0.68% 1.17% 0.64%
Benchmark 1.08% 2.51% -1.32% 1.59% 2.42% 0.89% 1.39% 1.87% 0.83% 0.55% 0.00% 1.79%

Best Monthly Return Since Inception

3.91% (April 2020)

Worst Monthly Return Since Inception

-8.13% (March 2020)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - -1.44% 11.32% 7.60% 3.39% -10.50% 8.98%
Benchmark 8.91% 14.93% 10.80% 2.96% 5.36% 7.98% 6.14% 0.50% -6.92% 10.36%
Category Average 2.69% -2.71% 9.58% 5.34% -2.63% 9.49% 5.35% 3.21% -10.00% 8.59%
Quartile Ranking - - - - 2 2 1 3 3 3
Category Rank - - - - 76/ 240 103/ 265 32/ 275 165/ 277 188/ 286 158/ 295

Best Calendar Return (Last 10 years)

11.32% (2019)

Worst Calendar Return (Last 10 years)

-10.50% (2022)

Asset Allocation

Asset Allocation
Name Percent
Foreign Corporate Bonds 71.01
Canadian Corporate Bonds 14.09
Foreign Government Bonds 5.52
Cash and Equivalents 4.93
Canadian Equity 2.30
Other 2.15

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 90.79
Cash and Cash Equivalent 4.93
Utilities 0.73
Mutual Fund 0.65
Consumer Goods 0.61
Other 2.29

Geographic Allocation

Geographic Allocation
Name Percent
North America 87.26
Latin America 4.28
Europe 2.82
Africa and Middle East 0.88
Asia 0.05
Other 4.71

Top Holdings

Top Holdings
Name Percent
Mexico Government 8.50% 01-Mar-2029 1.37
FAGE International SA 5.63% 15-Aug-2026 1.24
Enbridge Inc 5.38% 27-Sep-2027 1.24
ENEL Finance International NV 2.25% 12-Apr-2031 1.13
Brazil Government 10.00% 01-Jan-2027 1.11
Keyera Corp 6.88% 13-Jun-2079 1.03
Athenahealth Group Inc 6.50% 15-Feb-2030 0.98
South Africa Government 8.88% 28-Feb-2035 0.88
Rogers Communications Inc 5.25% 15-Mar-2082 0.86
Inter Pipeline Ltd 6.88% 26-Mar-2079 0.83

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: M. Average Credit Quality: L.
Period: 

Risk vs Return (3 Yr)

Mackenzie Global High Yield Fixed Income ETF

Median

Other - High Yield Fixed Income

3 Yr Annualized

Standard Deviation 6.17% 6.86% -
Beta 0.71% 0.80% -
Alpha -0.02% 0.00% -
Rsquared 0.62% 0.68% -
Sharpe -0.40% 0.14% -
Sortino -0.52% 0.01% -
Treynor -0.03% 0.01% -
Tax Efficiency - 30.13% -
Volatility Volatility rating is 2 on a scale of 1 to 10 Volatility rating is 2 on a scale of 1 to 10 -

Risk Rating

Rating 2 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 4.63% 6.17% 6.86% -
Beta 0.43% 0.71% 0.80% -
Alpha 0.02% -0.02% 0.00% -
Rsquared 0.12% 0.62% 0.68% -
Sharpe 0.74% -0.40% 0.14% -
Sortino 2.79% -0.52% 0.01% -
Treynor 0.08% -0.03% 0.01% -
Tax Efficiency 74.39% - 30.13% -

Fund Details

Start Date April 26, 2017
Instrument Type Exchange Traded Fund
Share Class Do-It-Yourself
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -
52 Week High $17.71
52 Week Low $15.93
Annual Dividend $0.91
Annual Yield -
Index -
Shares Outstanding -
Registered Plan Eligible Yes

ETF Characteristics

Exposure -
Asset Class High -
Asset Class Medium -
Asset Class Low -
Leveraged -
Inverse -
Advisor Series -
Covered Call Strategy No

Investment Objectives

Mackenzie Global High Yield Fixed Income ETF seeks to provide a steady flow of income with potential for long term capitl growth by investing primarily in higher yielding fixed-income securities and instruments of companies anywhere in the world and in other fixed-income securities issued by companies or governments of any size, anywhere in the world.

Investment Strategy

The Fund invests in higher yielding and other fixed-income securities and instruments. It employs a fundamental credit analysis in selecting its portfolio holdings, and seeks to take advantage of relative value opportunities that exist in the golbal fixed-income space. It has the flexibility to invest in a wide variety of fixed-income securities and other assets from anywhere in the world, including governments bonds, high yield bonds and loans.

Portfolio Manager(s)

Name Start Date
Dan Cooper 08-09-2016
Steve Locke 08-09-2016
Konstantin Boehmer 08-09-2016
Movin Mokbel 08-09-2016

Management and Organization

Fund Manager Mackenzie Financial Corporation
Advisor Mackenzie Financial Corporation
Custodian Canadian Imperial Bank of Commerce
Registrar TSX Trust Company
Distributor -
Auditor Deloitte LLP

Fees

MER 0.66%
Management Fee 0.60%

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