MACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER EMACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER EMACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER E

MACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER E

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Key stats


Assets under management (AUM)
‪81.80 M‬CAD
Fund flows (1Y)
‪57.94 M‬CAD
Dividend yield (indicated)
5.22%
Discount/Premium to NAV
0.4%
Shares outstanding
‪1.05 M‬
Expense ratio
0.53%

About MACKENZIE EMRGNG MKTS LOC CR BD IDX UNIT SER E


Brand
Mackenzie
Inception date
Oct 24, 2019
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
Solactive EM Local Currency Government Bond Select Index - CAD
Management style
Passive
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
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.

Classification


Asset Class
Fixed income
Category
Government, treasury
Focus
Broad credit
Niche
Broad maturities
Strategy
Vanilla
Geography
Emerging Markets
Weighting scheme
Market value
Selection criteria
Market value
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Stock breakdown by region
17%9%16%7%49%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to QEBL via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
QEBL trades at 77.10 CAD today, its price has fallen −1.85% in the past 24 hours. Track more dynamics on QEBL price chart.
QEBL net asset value is 77.93 today — it's risen 1.99% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
QEBL assets under management is ‪81.80 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
QEBL price has fallen by −0.27% over the last month, and its yearly performance shows a 7.23% increase. See more dynamics on QEBL price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 1.99% over the last month, showed a 1.08% increase in three-month performance and has increased by 14.51% in a year.
QEBL fund flows account for ‪57.94 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
QEBL invests in bonds. See more details in our Analysis section.
QEBL expense ratio is 0.53%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, QEBL isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, QEBL technical analysis shows the sell rating and its 1-week rating is neutral. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating QEBL shows the neutral signal. See more of QEBL technicals for a more comprehensive analysis.
Yes, QEBL pays dividends to its holders with the dividend yield of 5.22%.
QEBL trades at a premium (0.44%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
QEBL shares are issued by Power Financial Corp.
QEBL follows the Solactive EM Local Currency Government Bond Select Index - CAD. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Oct 24, 2019.
The fund's management style is passive, meaning it's aiming to replicate the performance of the underlying index by holding assets in the same proportions as the index. The goal is to match the index's returns.