Mackenzie Core Plus Global Fixed Income ETF (MGB.TO) TSX

15.86

-0.02(-0.13%)

Updated at May 12 02:13PM

Currency In CAD

Mackenzie Core Plus Global Fixed Income ETF

Address

180 Queen Street West

Toronto, ON M5V 3K1

Canada

Phone

1-800-387-0614

Sector

Financial Services

Industry

Asset Management - Income

Employees

N/A

First IPO Date

April 22, 2016

Key Executives

N/A

Description

The fund is actively managed to capture a wide variety of fixed income securities. The fund primarily invests in CAD or foreign currency denominated securities issued by companies or governments. The portfolio mainly consists of investment-grade debt but may allocate up to 25% in non-investment-grade debt. The advisor employs a macro and fundamental analysis approach, using qualitative insights and quantitative tools and models, to allocate assets across varying credit qualities, structures, sectors, currencies, maturities, and countries. Qualitative insights and quantitative tools are used to continuously monitor the opportunities in foreign currencies. Do note that this fund may invest a sizable portion of its portfolio in one issuer, granted they meet credit rating requirements.