Key stats
About MACKENZIE CANADIAN GOVERNMENT LONG UNITS ETF CAD
Home page
Inception date
Nov 20, 2023
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
The fund is passively managed to provide exposure to the longer-dated segment of Canadian government debt. The index holds CAD-denominated sovereign and province/state government bonds. Municipal bonds are excluded by the index. Eligible securities must have at least 15 years to maturity and a minimum amount outstanding of at least CAD 150 million. The index maintains an average bond rating between AAA and A. The index weights the portfolio by market value and rebalances on a monthly basis.
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
Bonds, Cash & Other100.00%
Government98.70%
Cash1.30%
Stock breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
QLB top holdings are Canada Treasury Bonds 2.0% 01-DEC-2051 and Canada Treasury Bonds 1.75% 01-DEC-2053, occupying 11.09% and 5.87% of the portfolio correspondingly.
QLB last dividends amounted to 0.23 CAD. The month before, the issuer paid 0.23 CAD in dividends,
QLB assets under management is 67.47 M CAD. It's risen 0.57% over the last month.
QLB fund flows account for 2.24 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, QLB pays dividends to its holders with the dividend yield of 3.40%. The last dividend (Jun 9, 2025) amounted to 0.23 CAD. The dividends are paid monthly.
QLB shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Nov 20, 2023, and its management style is Passive.
QLB follows the Solactive Canadian Long Term Government Bond Index - CAD - Benchmark TR Gross. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
QLB invests in bonds.
QLB price has fallen by −0.47% over the last month, and its yearly performance shows a −1.68% decrease. See more dynamics on QLB price chart.
NAV returns, another gauge of an ETF dynamics, showed a −4.30% decrease in three-month performance and has increased by 4.04% in a year.
NAV returns, another gauge of an ETF dynamics, showed a −4.30% decrease in three-month performance and has increased by 4.04% in a year.
QLB trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.