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Mackenzie Global Fixed Income Allocation ETF (MGAB : TSX)
Global Fixed Income
Click for more information on Fundata’s FundGrade
FundGrade B
Click for more information on Fundata’s FundGrade.
|
Close (09-11-2026) |
$16.39 |
|---|---|
| Change |
$0.00
(0.00%)
|
| Open | - |
|---|---|
| Day Range | - - - |
| Volume | 0 |
As at August 31, 2026
As at June 30, 2026
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Legend
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Fund Returns
Inception Return (September 29, 2020): 0.80%
| 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 | 0.20% | -0.38% | -0.98% | 0.34% | 1.48% | 2.57% | 4.38% | 3.66% | 0.70% | - | - | - | - | - |
| Benchmark | -0.84% | -0.50% | -1.39% | 0.16% | 0.75% | 2.93% | 4.03% | 3.71% | -0.35% | -0.87% | -0.26% | 0.99% | 1.17% | 0.60% |
| Category Average | -0.04% | -2.04% | -2.04% | -0.53% | 0.53% | 1.33% | 3.08% | 2.43% | -0.36% | -0.11% | 0.42% | 1.17% | 0.97% | 0.89% |
| Category Rank | 50 / 241 | 47 / 237 | 50 / 235 | 53 / 235 | 46 / 223 | 34 / 196 | 24 / 171 | 20 / 141 | 23 / 118 | - | - | - | - | - |
| Quartile Ranking | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 1.07% | 0.32% | 0.29% | -0.55% | 0.34% | 0.99% | -1.62% | 0.32% | 0.72% | 0.48% | -1.06% | 0.20% |
| Benchmark | 2.14% | 0.41% | -0.23% | -1.70% | -0.25% | 1.83% | -0.86% | -1.43% | 1.42% | 2.33% | -1.94% | -0.84% |
Best Monthly Return Since Inception
3.89% (November 2023)
Worst Monthly Return Since Inception
-3.13% (April 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -1.53% | -10.30% | 7.26% | 4.12% | 4.12% |
| Benchmark | -1.36% | -0.08% | 7.82% | 1.45% | 7.03% | -6.05% | -10.83% | 2.72% | 6.80% | 3.01% |
| Category Average | 2.08% | 2.75% | -0.04% | 5.49% | 5.94% | -1.81% | -10.70% | 5.33% | 2.37% | 3.68% |
| Quartile Ranking | - | - | - | - | - | 1 | 2 | 1 | 1 | 1 |
| Category Rank | - | - | - | - | - | 19/ 96 | 47/ 124 | 21/ 146 | 34/ 180 | 41/ 206 |
Best Calendar Return (Last 10 years)
7.26% (2023)
Worst Calendar Return (Last 10 years)
-10.30% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Foreign Government Bonds | 30.86 |
| Foreign Corporate Bonds | 26.58 |
| Canadian Government Bonds | 23.26 |
| Canadian Corporate Bonds | 17.18 |
| Mortgages | 0.86 |
| Other | 1.26 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 99.20 |
| Financial Services | 0.41 |
| Cash and Cash Equivalent | 0.36 |
| Industrial Services | 0.01 |
| Utilities | 0.01 |
| Other | 0.01 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 70.00 |
| Europe | 6.39 |
| Asia | 5.13 |
| Latin America | 4.48 |
| Africa and Middle East | 1.95 |
| Other | 12.05 |
Top Holdings
| Name | Percent |
|---|---|
| Mackenzie Canadian Short-Term Bond Index ETF (QSB) | 21.97 |
| Mackenzie Canadian Aggregate Bond Index ETF (QBB) | 14.03 |
| Mackenzie US Inv Gra Corp Bond Idx ETF C$Hg (QUIG) | 10.96 |
| Mackenzie Emerging Markets Lo Cu Bon Ix ETF (QEBL) | 9.25 |
| Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP) | 7.91 |
| Mackenzie Canadian All Corporate Bond Ix ETF (QCB) | 7.00 |
| Mackenzie U.S. Aggregate Bond Index ETF (QUB) | 6.96 |
| Mackenzie US High Yield Bond Index ETF C$Hgd (QHY) | 5.97 |
| Mackenzie Emerging Markets Bond Idx ETF C$H (QEBH) | 5.97 |
| Mackenzie Developed ex-NA Agg Bd Ind ETF (QDXB) | 5.03 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Mackenzie Global Fixed Income Allocation ETF
Median
Other - Global Fixed Income
3 Yr Annualized
| Standard Deviation | 4.10% | 5.05% | - |
|---|---|---|---|
| Beta | 0.61% | 0.61% | - |
| Alpha | 0.02% | 0.01% | - |
| Rsquared | 0.56% | 0.56% | - |
| Sharpe | 0.24% | -0.43% | - |
| Sortino | 0.55% | -0.57% | - |
| Treynor | 0.02% | -0.04% | - |
| Tax Efficiency | 54.74% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 2.80% | 4.10% | 5.05% | - |
| Beta | 0.38% | 0.61% | 0.61% | - |
| Alpha | 0.01% | 0.02% | 0.01% | - |
| Rsquared | 0.53% | 0.56% | 0.56% | - |
| Sharpe | -0.27% | 0.24% | -0.43% | - |
| Sortino | -0.62% | 0.55% | -0.57% | - |
| Treynor | -0.02% | 0.02% | -0.04% | - |
| Tax Efficiency | 1.47% | 54.74% | - | - |
Fund Details
| Start Date | September 29, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | Trust |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $5 |
| 52 Week High | $17.20 |
| 52 Week Low | $16.29 |
| Annual Dividend | $0.61 |
| Annual Yield | - |
| Index | - |
| Shares Outstanding | - |
| Registered Plan Eligible | Yes |
ETF Characteristics
| Exposure | 1x performance |
|---|---|
| Asset Class High | - |
| Asset Class Medium | - |
| Asset Class Low | - |
| Leveraged | - |
| Inverse | - |
| Advisor Series | - |
| Covered Call Strategy | No |
Investment Objectives
Mackenzie Global Fixed Income Allocation ETF seeks to provide income with a potential for modest capital appreciation, primarily by investing in ETFs that provide exposure to a portfolio of fixed income securities of issuers anywhere in the world, diversified by sector, geography, credit quality, duration and currency.
Investment Strategy
In order to achieve its investment objective, Mackenzie Global Fixed Income Allocation ETF invests in a portfolio of fixed-income ETFs and securities diversified by sector, geography, credit quality, duration, currency and other relevant factors.
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 | 0.29% |
|---|---|
| Management Fee | 0.25% |
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