Description

The Mackenzie Floating Rate Income ETF is an actively managed fund that targets high-yield debt securities with floating interest rates, issued by companies globally. Its investments span various debt instruments, including senior loans, floating rate notes, and fixed-rate high-yield corporate bonds. The advisor employs a fundamental analysis approach for investment selection. Regular evaluations of the portfolio's constituents help ensure broad diversification across industries and sectors. Additionally, the fund leverages qualitative insights and quantitative tools to track foreign currency market opportunities. The advisor retains the option to hedge foreign currency exposure back to the Canadian dollar.