Key stats
About MACKENZIE FINANCIAL CORP CORE PLUS CANADIAN FIXED INCOME ETF
Home page
Inception date
Apr 19, 2016
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
Mackenzie Financial Corp.
The fund actively invests in government and corporate debt issued by Canadian institutions. A wide variety of securities may be included, as long as they have more than one year to maturity. The fund may hold up to 30% in foreign securities and up to 25% in non-investment grade securities, given that the issuers of these securities have a credit rating of A- or higher. Portfolio maturities are adjusted to take advantage of different stages in the economic cycle. Macroeconomic factors, such as economic growth, inflation, and monetary and fiscal policy are analyzed by the advisor to position the maturity and credit quality of MKBs portfolio for different stages in the economic cycle.
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
Corporate
Government
Stocks0.00%
Non-Energy Minerals0.00%
Bonds, Cash & Other100.00%
Corporate52.64%
Government41.79%
Cash3.02%
ETF2.55%
Rights & Warrants0.03%
Loans0.01%
Miscellaneous0.01%
Futures−0.06%
Stock breakdown by region
North America95.70%
Oceania3.05%
Europe1.22%
Asia0.03%
Latin America0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MKB invests in bonds. The fund's major sectors are Corporate, with 52.64% stocks, and Government, with 41.79% of the basket. The assets are mostly located in the North America region.
MKB top holdings are Canada Treasury Bonds 3.25% 01-JUN-2035 and Canada Treasury Bonds 3.25% 01-DEC-2034, occupying 5.88% and 5.00% of the portfolio correspondingly.
MKB last dividends amounted to 0.06 CAD. The month before, the issuer paid 0.06 CAD in dividends,
MKB assets under management is 829.54 M CAD. It's risen 0.43% over the last month.
MKB fund flows account for 151.31 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, MKB pays dividends to its holders with the dividend yield of 3.87%. The last dividend (Jul 9, 2025) amounted to 0.06 CAD. The dividends are paid monthly.
MKB shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Apr 19, 2016, and its management style is Active.
MKB expense ratio is 0.44% meaning you'd have to pay 0.44% of your investment to help manage the fund.
MKB follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MKB invests in bonds.
MKB price has fallen by −0.79% over the last month, and its yearly performance shows a −0.53% decrease. See more dynamics on MKB price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.67% over the last month, showed a −0.57% decrease in three-month performance and has increased by 2.02% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.67% over the last month, showed a −0.57% decrease in three-month performance and has increased by 2.02% in a year.
MKB trades at a premium (0.15%) meaning the ETF is trading at a higher price than the calculated NAV.