Key stats
About Mackenzie GQE Canada Low Volatility ETF
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Inception date
Jun 6, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545551023
The fund seeks long-term capital growth by investing in large- and mid-capitalization Canadian companies. It applies a quantitative, bottom-up selection investment process based on fundamental insights and following a core investment style. The portfolio management team uses a quantitative approach to stock selection, portfolio construction, and transaction cost measurement while employing fundamental ideas in a disciplined, risk-aware manner. The ETF aims to operate with lower volatility against its benchmark while following an ESG-integrated approach through quantitative modeling. The approach determines which ESG characteristics are perceived to be most material to financial performance that could lead to better risk-adjusted returns. As an actively managed fund, the portfolio manager has full discretion to make any investment 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
Finance
Retail Trade
Industrial Services
Stocks98.66%
Finance32.20%
Retail Trade14.71%
Industrial Services10.34%
Non-Energy Minerals8.52%
Technology Services6.98%
Utilities6.11%
Transportation4.84%
Communications4.20%
Consumer Non-Durables2.71%
Distribution Services2.16%
Process Industries1.66%
Energy Minerals1.45%
Consumer Services1.38%
Health Services1.21%
Producer Manufacturing0.13%
Health Technology0.06%
Bonds, Cash & Other1.34%
Cash1.34%
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
MCLV invests in stocks. The fund's major sectors are Finance, with 32.20% stocks, and Retail Trade, with 14.71% of the basket. The assets are mostly located in the North America region.
MCLV top holdings are Sun Life Financial Inc. and Metro Inc., occupying 3.40% and 3.23% of the portfolio correspondingly.
MCLV last dividends amounted to 0.14 CAD. The quarter before, the issuer paid 0.14 CAD in dividends, which shows a 2.40% increase.
MCLV assets under management is 114.20 M CAD. It's risen 3.16% over the last month.
MCLV fund flows account for 94.50 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, MCLV pays dividends to its holders with the dividend yield of 1.83%. The last dividend (Sep 29, 2025) amounted to 0.14 CAD. The dividends are paid quarterly.
MCLV shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Jun 6, 2024, and its management style is Active.
MCLV expense ratio is 0.59% meaning you'd have to pay 0.59% of your investment to help manage the fund.
MCLV follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MCLV invests in stocks.
MCLV price has risen by 3.57% over the last month, and its yearly performance shows a 21.06% increase. See more dynamics on MCLV price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 3.50% over the last month, showed a 6.70% increase in three-month performance and has increased by 16.07% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 3.50% over the last month, showed a 6.70% increase in three-month performance and has increased by 16.07% in a year.
MCLV trades at a premium (0.07%) meaning the ETF is trading at a higher price than the calculated NAV.