Key stats
About MACKENZIE CORE PLUS GLOBAL FIX INCM CAD UNIT
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Inception date
Apr 19, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Return of capital
Income tax type
Capital Gains
Primary advisor
Mackenzie Financial Corp.
Distributor
Mackenzie Investments Corp.
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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Government
Corporate
Stocks0.13%
Communications0.10%
Non-Energy Minerals0.03%
Bonds, Cash & Other99.87%
Government63.09%
Corporate29.30%
ETF5.14%
Loans1.30%
Cash0.76%
Miscellaneous0.39%
Futures−0.10%
Stock breakdown by region
North America70.02%
Europe19.46%
Oceania4.59%
Asia2.90%
Latin America2.54%
Middle East0.50%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MGB invests in bonds. The fund's major sectors are Government, with 63.09% stocks, and Corporate, with 29.30% of the basket. The assets are mostly located in the North America region.
MGB top holdings are United States Treasury Notes 4.625% 15-FEB-2035 and United States Treasury Notes 4.375% 15-MAY-2034, occupying 12.90% and 6.87% of the portfolio correspondingly.
MGB last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.07 CAD in dividends, which shows a 20.99% decrease.
MGB assets under management is 119.64 M CAD. It's risen 4.36% over the last month.
MGB fund flows account for 8.63 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, MGB pays dividends to its holders with the dividend yield of 5.18%. The last dividend (May 8, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
MGB shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Apr 19, 2016, and its management style is Active.
MGB expense ratio is 0.55% meaning you'd have to pay 0.55% of your investment to help manage the fund.
MGB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MGB invests in bonds.
MGB price has fallen by −0.31% over the last month, and its yearly performance shows a −1.98% decrease. See more dynamics on MGB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.03% over the last month, showed a −1.54% decrease in three-month performance and has increased by 0.66% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.03% over the last month, showed a −1.54% decrease in three-month performance and has increased by 0.66% in a year.
MGB trades at a premium (0.06%) meaning the ETF is trading at a higher price than the calculated NAV.