Mackenzie Emerging Markets Local Currency Bond Index ETF (QEBL.TO) TSX

77.83

+0.09(+0.12%)

Updated at April 01 05:01PM

Currency In CAD

Mackenzie Emerging Markets Local Currency Bond Index ETF

Address

,

Canada

Phone

N/A

Website

N/A

Sector

Financial Services

Industry

Asset Management - Bonds

Employees

N/A

First IPO Date

October 25, 2019

Key Executives

N/A

Description

The fund is passively managed to hold bonds issued by sovereigns or central banks from emerging markets, including China. Eligible bonds must be denominated in local currency and should have at least one year remaining to maturity. Inflation-linked bonds and T-bills are not eligible. The resulting portfolio is weighted by market value, with country weights capped at 10%. The index is rebalanced monthly.