Mackenzie Financial Corporation (Mackenzie Investments) has launched three new Exchange Traded Funds (ETFs), including an active equity ETF, which provide various opportunities to manage interest rate risk, leverage non-traditional asset classes and invest in enhanced global equity diversification.
“We are very excited to expand our ETF shelf with these new products, delivering solutions to investors that offer the benefits of our portfolio management expertise, plus the structural benefits unique to ETFs including liquidity and flexibility,” says Michael Cooke, Senior Vice President and Head of Exchange Traded Funds at Mackenzie Investments.
The MIVG Mackenzie Ivy Global Equity ETF sees the Mackenzie Ivy Team bring their unique expertise to the ETF space for the first time, by seeking to provide long-term capital growth with international exposure.
The MCSB Mackenzie Canadian Short Term Fixed Income ETF, which is managed by the Mackenzie Fixed Income Team, invests in high quality fixed-income securities with relatively shorter terms to maturity.
The MPCF Mackenzie Portfolio Completion ETF provides diversification, long-term capital appreciation, and the potential for income by investing primarily in a diversified portfolio of alternative asset class ETFs and currencies.
The new ETFs are now trading today on the Toronto Stock Exchange.