Key stats
About MACKENZIE MAXIMUM DIVERSIFIC US IND UNITS(CAD)
Expense ratio
0.52%
Home page
Inception date
Jun 21, 2016
The fund aims for long-term capital growth by investing in equity securities of US companies in such a way that maximum diversification of its investments is achieved. Eligible securities are first subjected to size and liquidity rules. Index screens are then utilized to remove those involved in the production of controversial weapons, tobacco, or coal, and those engaged in human rights violations, environmental damage, corruption, or other serious ethical violations. Next, the index uses a mathematical model known as the Diversification Ratio to minimize the covariance between its constituents, resulting in a portfolio of stocks with low or negative correlations to each other.
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
Health Technology
Finance
Technology Services
Consumer Non-Durables
Stocks99.77%
Health Technology20.99%
Finance16.56%
Technology Services14.57%
Consumer Non-Durables12.22%
Electronic Technology9.52%
Consumer Services4.54%
Retail Trade4.52%
Health Services4.00%
Communications3.21%
Distribution Services2.29%
Non-Energy Minerals1.83%
Process Industries1.60%
Commercial Services1.25%
Transportation0.97%
Producer Manufacturing0.80%
Industrial Services0.42%
Consumer Durables0.40%
Utilities0.05%
Bonds, Cash & Other0.23%
Cash0.23%
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