- Mackenzie Global Dividend ETF offers access to high-quality,
global, dividend-paying companies
- Mackenzie Canadian Low Volatility ETF and Mackenzie
US Low Volatility ETF can mitigate portfolio risk by seeking to
reduce market-cycle volatility
TORONTO, June 6, 2024
/CNW/ - Mackenzie Investments ("Mackenzie") today announced
the launch of three exchange traded funds (the "ETFs"): Mackenzie
Global Dividend ETF (ticker: MGDV), Mackenzie Canadian Low
Volatility ETF (ticker: MCLV) and Mackenzie US Low Volatility ETF
(ticker: MULV). Mackenzie Global Dividend ETF offers investors
enhanced access to global dividend investing, while Mackenzie
Canadian Low Volatility ETF and Mackenzie US Low Volatility ETF
provide opportunities to minimize downside risk with actively
managed core holdings.
Mackenzie Global Dividend ETF
Mackenzie Global
Dividend ETF is managed by the Mackenzie Global Equity & Income
Team and seeks to provide long-term capital growth and current
income by investing in equity securities of global companies that
pay, or may be expected to pay, dividends. The Mackenzie Global
Equity & Income Team is well known to Canadian investors and
advisors through their decade-long tenure at the helm of the
Mackenzie Global Dividend Fund, a mutual fund with a consistently
strong track record among its global equity peers. They will
leverage their well-honed investment process in this new ETF.
Mackenzie Global Dividend ETF invests in companies that the
Mackenzie Global Equity & Income Team has identified as having
sustainable competitive advantages, predictable long-term economics
and attractive fundamental valuations. It strategically allocates
between companies with high-yield dividends and those with the
potential for dividend growth.
"Dividend-paying equities continue to play a central role in
balanced portfolio construction," said Prerna Mathews, VP, ETF Product and Strategy,
Mackenzie Investments. "The Mackenzie Global Dividend ETF offers
investors a new way to access a diversified portfolio of
high-quality, dividend-paying businesses that are leaders within
their sectors."
Mackenzie Canadian Low Volatility ETF and Mackenzie US Low
Volatility ETF
Managed by the Mackenzie Global
Quantitative Equity Team, Mackenzie Canadian Low Volatility ETF and
Mackenzie US Low Volatility ETF use a proprietary stock selection
process based on fundamental insights to construct risk-optimized
portfolios of Canadian and U.S. companies diversified across
markets and sectors.
The investment approach combines strategically selected factors
to build a portfolio that aims to outperform in various market
conditions while managing volatility over a market cycle, relative
to the broad market, while seeking to achieve market-like
returns.
"With the new Mackenzie Canadian Low Volatility ETF and
Mackenzie US Low Volatility ETF, we're proud to offer investors
solutions that can help diversify and de-risk their portfolio while
maintaining a focus on long-term growth," added Ms. Mathews.
The initial offerings of the ETFs have closed, and they
will begin trading today on the Toronto Stock Exchange under their
respective ticker symbols.
About Mackenzie Investments
Mackenzie Investments is a
leading investment management firm with $198.9 billion in assets under management as of
April 30, 2024. Mackenzie
provides investment solutions and related services to more than one
million retail and institutional clients through multiple
distribution channels. Founded in 1967, Mackenzie is a global asset
manager with offices across Canada
as well as in Boston, Dublin, London, Hong
Kong and Beijing. Mackenzie
is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies
with approximately $247 billion in
total assets under management and advisement as of April 30, 2024. For more information,
visit mackenzieinvestments.com.
SOURCE Mackenzie Financial Corporation