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MACKENZIE BALANCED ALLOCATION ETF UNITMACKENZIE BALANCED ALLOCATION ETF UNITMACKENZIE BALANCED ALLOCATION ETF UNIT

MACKENZIE BALANCED ALLOCATION ETF UNIT

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Overview
Analysis
Holdings News Discussions Technicals Seasonals

Key stats


Assets under management (AUM)
‪104.14 M‬ CAD
Fund flows (1Y)
‪16.27 M‬ CAD
Dividend yield (indicated)
2.30%
Discount/Premium to NAV
−0.09%
Shares outstanding
‪4.05 M‬
Expense ratio
0.19%

About MACKENZIE BALANCED ALLOCATION ETF UNIT


Issuer
POWER FINANCIAL CORP 4.50% NON CUMULATIV FIRST PFD SHS SER 23
Brand
Mackenzie
Home page
mackenzieinvestments.com
Inception date
Sep 29, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
The fund provides strategic allocation to a global portfolio of fixed income and equities. The Portfolio Manager invests in ETFs that can provide long-term capital appreciation and moderate income. MBAL maintains a 60/40 asset allocation to equities and fixed income, respectively. It may use derivatives to gain exposure to these asset classes. The fund can undergo reconstitution and rebalance at the discretion of the Portfolio Manager.

Classification


Asset Class
Asset allocation
Category
Asset allocation
Focus
Target outcome
Niche
Income & capital appreciation
Strategy
Active
Geography
Global
Weighting scheme
Proprietary
Selection criteria
Proprietary

Returns


1 month3 monthsYear to date1 year3 years5 years
Price performance——————
NAV total return——————

What's in the fund


As of February 28, 2025
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.75%
Cash0.25%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows



Frequently Asked Questions


MBAL top holdings are Mackenzie US Large Cap Equity Index ETF Trust Units Series -E- and Mackenzie Canadian Aggregate Bond Index ETF, occupying 26.58% and 23.49% of the portfolio correspondingly.
MBAL last dividends amounted to 0.11 CAD. The quarter before, the issuer paid 0.19 CAD in dividends, which shows a 70.36% decrease.
MBAL assets under management is ‪104.14 M‬ CAD. It's fallen 10.00% over the last month.
MBAL fund flows account for ‪16.27 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Yes, MBAL pays dividends to its holders with the dividend yield of 2.30%. The last dividend (Mar 31, 2025) amounted to 0.11 CAD. The dividends are paid quarterly.
MBAL shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Sep 29, 2020, and its management style is Active.
MBAL expense ratio is 0.19% meaning you'd have to pay 0.19% of your investment to help manage the fund.
MBAL follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MBAL invests in funds.
MBAL price has risen by 4.53% over the last month, and its yearly performance shows a 10.24% increase. See more dynamics on MBAL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.86% over the last month, showed a −0.07% decrease in three-month performance and has increased by 13.99% in a year.
MBAL trades at a premium (0.09%) meaning the ETF is trading at a higher price than the calculated NAV.