Key stats
About Mackenzie GQE US Alpha Extension ETF Trust Unit
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Inception date
Aug 19, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545361027
The fund seeks long-term capital growth by taking long/short positions in US equities. Adopting the Mackenzie Global Quantitative Equity (GQE) teams process, the fund blends quantitative research with a human overlay to identify opportunities and risks. The fund may employ cash borrowing, short sales, leverage, and derivatives for hedging and non-hedging purposes. Following a core style initially, the fund goes long on undervalued, high-quality companies and short on overvalued ones through a risk-aware quantitative process based on valuations, financial ratios, market and alternative data, as well as AI. Leverage use via borrowing, shorts, or derivatives cant exceed 300% of the funds NAV. Short-selling and cash borrowings are also capped at 50%. MALX integrates ESG factors using quantitative models. The actively managed ETF may invest in other funds with flexibility to adjust the portfolio at any time.
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
Electronic Technology
Technology Services
Finance
Stocks119.30%
Electronic Technology23.15%
Technology Services21.93%
Finance16.06%
Retail Trade7.68%
Health Technology6.19%
Consumer Services4.15%
Producer Manufacturing4.06%
Commercial Services2.99%
Utilities2.54%
Consumer Non-Durables2.47%
Energy Minerals1.70%
Consumer Durables1.19%
Transportation0.98%
Non-Energy Minerals0.94%
Industrial Services0.93%
Distribution Services0.86%
Process Industries0.47%
Health Services0.40%
Communications0.32%
Bonds, Cash & Other−19.30%
Cash1.19%
Miscellaneous−20.49%
Stock breakdown by region
North America97.94%
Europe2.06%
Latin America0.00%
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
MALX invests in stocks. The fund's major sectors are Electronic Technology, with 27.90% stocks, and Technology Services, with 26.42% of the basket. The assets are mostly located in the North America region.
MALX top holdings are NVIDIA Corporation and Microsoft Corporation, occupying 8.55% and 7.65% of the portfolio correspondingly.
MALX assets under management is 7.53 M CAD. It's risen 3.31% over the last month.
MALX fund flows account for 0.00 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.
No, MALX doesn't pay dividends to its holders.
MALX shares are issued by Power Corp. of Canada under the brand Mackenzie. The ETF was launched on Aug 19, 2025, and its management style is Passive.
MALX follows the S&P 500. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MALX invests in stocks.
MALX trades at a premium (0.50%) meaning the ETF is trading at a higher price than the calculated NAV.