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

MACKENZIE BALANCED ALLOCATION ETF UNIT

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Key stats


Assets under management (AUM)
‪97.47 M‬CAD
Fund flows (1Y)
‪32.53 M‬CAD
Dividend yield (indicated)
2.28%
Discount/Premium to NAV
−0.3%

About MACKENZIE BALANCED ALLOCATION ETF UNIT


Issuer
Power Financial Corp.
Brand
Mackenzie
Expense ratio
0.19%
Inception date
Sep 29, 2020
Index tracked
No Underlying Index
Management style
Active
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
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 August 30, 2024
Exposure type
Bonds, Cash & Other
ETF
Bonds, Cash & Other100.00%
ETF99.77%
Cash0.23%
Top 10 holdings

Dividends


Dividend payout history

Assets under management (AUM)



Fund Flows