Key stats
About MACKENZIE CND SHORT TERM BD IDX ETF UNITS SERIES E
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Inception date
Jan 29, 2018
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Physical
Tax on distributions
Ordinary income
Primary advisor
Mackenzie Financial Corp.
The fund is passively managed to provide exposure to the short-term segment of the Canadian investment-grade bond market. The index includes CAD-denominated government and corporate bonds that have one to five years remaining to maturity. Eligible bonds must be rated at least BBB- and should have a minimum amount outstanding of CAD 100 million. The resulting portfolio is weighted by market value. The index undergoes monthly reconstitution and rebalancing.
Classification
What's in the fund
Exposure type
Corporate
Government
Stock breakdown by region
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