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Mackenzie Global High Yield Fixed Income ETF (MHYB : NEO)
High Yield Fixed Income
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FundGrade C
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FundGrade A+® Rating Recipient
2021, 2020
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|
Close (07-03-2026) |
$17.54 |
|---|---|
| Change |
-$0.08
(-0.45%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at May 31, 2026
As at March 31, 2026
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Legend
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Fund Returns
Inception Return (April 26, 2017): 3.75%
| 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 | 0.24% | 0.31% | 0.91% | 0.76% | 4.24% | 5.82% | 6.75% | 5.09% | 2.59% | 3.99% | 3.86% | 3.90% | 3.68% | - |
| Benchmark | 1.73% | 1.68% | 1.44% | 2.26% | 8.06% | 9.95% | 10.49% | 9.66% | 6.15% | 5.57% | 5.13% | 5.59% | 4.78% | 5.90% |
| Category Average | 0.59% | 1.82% | 1.82% | 1.55% | 5.97% | 6.38% | 6.97% | 5.03% | 2.71% | 4.22% | 3.51% | 3.44% | 3.18% | 3.77% |
| Category Rank | 197 / 253 | 191 / 253 | 183 / 250 | 193 / 251 | 185 / 246 | 147 / 242 | 146 / 236 | 134 / 233 | 155 / 227 | 151 / 219 | 109 / 213 | 92 / 195 | 87 / 185 | - |
| Quartile Ranking | 4 | 4 | 3 | 4 | 4 | 3 | 3 | 3 | 3 | 3 | 3 | 2 | 2 | - |
Monthly Return
| Return % | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.07% | 0.54% | 0.41% | 1.01% | -0.01% | 0.23% | 0.16% | 0.08% | 0.37% | -1.20% | 1.28% | 0.24% |
| Benchmark | 1.47% | 1.52% | 0.80% | 2.13% | 0.55% | -0.09% | -0.80% | -0.26% | 0.83% | 0.13% | -0.18% | 1.73% |
Best Monthly Return Since Inception
3.91% (April 2020)
Worst Monthly Return Since Inception
-8.13% (March 2020)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | -1.44% | 11.32% | 7.60% | 3.39% | -10.50% | 8.98% | 8.09% | 5.09% |
| Benchmark | 10.80% | 2.96% | 5.36% | 7.98% | 6.14% | 0.50% | -6.92% | 10.36% | 17.23% | 5.59% |
| Category Average | 9.58% | 5.34% | -2.63% | 9.49% | 5.35% | 3.21% | -10.00% | 8.59% | 7.12% | 5.98% |
| Quartile Ranking | - | - | 2 | 2 | 1 | 3 | 3 | 3 | 2 | 3 |
| Category Rank | - | - | 53/ 187 | 100/ 211 | 29/ 218 | 149/ 223 | 147/ 230 | 144/ 236 | 113/ 242 | 145/ 243 |
Best Calendar Return (Last 10 years)
11.32% (2019)
Worst Calendar Return (Last 10 years)
-10.50% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Corporate Bonds | 82.54 |
| Canadian Corporate Bonds | 10.65 |
| Cash and Equivalents | 3.65 |
| Foreign Bonds - Other | 0.95 |
| Canadian Government Bonds | 0.91 |
| Other | 1.30 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 95.42 |
| Cash and Cash Equivalent | 3.65 |
| Utilities | 0.68 |
| Financial Services | 0.09 |
| Telecommunications | 0.05 |
| Other | 0.11 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 75.92 |
| Europe | 0.95 |
| Multi-National | 0.12 |
| Latin America | 0.01 |
| Other | 23.00 |
Top Holdings
| Name | Percent |
|---|---|
| iShares iBoxx $ High Yield Corp Bond ETF (HYG) | 1.82 |
| Enbridge Inc 5.38% 27-Sep-2027 | 1.10 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 1.07 |
| CCO Holdings LLC 6.38% 01-Sep-2029 | 0.79 |
| NEXSTAR MEDIA INC 6.5 15SEP33 144A | 0.79 |
| Seaspan Corp 5.50% 01-Aug-2029 | 0.77 |
| Go Daddy Operating Co LLC 3.50% 01-Mar-2029 | 0.77 |
| COGENT COMMUNICATI 6.5 01JUL32 144A | 0.76 |
| Lamb Weston Holdings Inc 4.38% 31-Jan-2032 | 0.74 |
| AES Andes SA 8.15% 10-Jun-2055 | 0.73 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Global High Yield Fixed Income ETF
Median
Other - High Yield Fixed Income
3 Yr Annualized
| Standard Deviation | 3.34% | 5.08% | - |
|---|---|---|---|
| Beta | 0.28% | 0.61% | - |
| Alpha | 0.04% | -0.01% | - |
| Rsquared | 0.13% | 0.53% | - |
| Sharpe | 0.91% | -0.04% | - |
| Sortino | 2.26% | -0.08% | - |
| Treynor | 0.11% | 0.00% | - |
| Tax Efficiency | 68.84% | 18.95% | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.22% | 3.34% | 5.08% | - |
| Beta | 0.25% | 0.28% | 0.61% | - |
| Alpha | 0.02% | 0.04% | -0.01% | - |
| Rsquared | 0.13% | 0.13% | 0.53% | - |
| Sharpe | 0.82% | 0.91% | -0.04% | - |
| Sortino | 0.80% | 2.26% | -0.08% | - |
| Treynor | 0.07% | 0.11% | 0.00% | - |
| Tax Efficiency | 52.17% | 68.84% | 18.95% | - |
Fund Details
| Start Date | April 26, 2017 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | - |
| 52 Week High | $18.35 |
| 52 Week Low | $17.05 |
| Annual Dividend | $0.81 |
| 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 Management
| Portfolio Manager |
Mackenzie Financial Corporation
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Mackenzie Financial Corporation |
|---|---|
| Custodian |
Canadian Imperial Bank of Commerce |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Fees
| MER | 0.66% |
|---|---|
| Management Fee | 0.60% |
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