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TSE:MGAB ETF Price & Analysis

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MGAB ETF Chart & Stats

ETF Overview

Mackenzie Global Fixed Income Allocation ETF Trust Units

The Mackenzie Global Fixed Income Allocation ETF Trust Units (TSE:MGAB) is a dynamic investment vehicle designed to provide investors with broad exposure to global fixed income markets. This ETF falls under the 'Broad Market' category, offering a comprehensive platform for investors seeking diversified opportunities in the fixed income sector. With a primary focus on 'Broad-based' strategies, MGAB aims to capture the vast potential of global credit markets by investing in a diversified portfolio of high-quality debt securities. The fund is meticulously structured to cover a wide spectrum of credit instruments, ensuring that investors benefit from a broad credit exposure. This includes a variety of issuers such as governments, corporations, and international entities, which helps in mitigating risk while optimizing returns. Furthermore, MGAB's emphasis on 'Broad Maturities' offers a strategic blend of short, medium, and long-term bonds, providing a well-rounded approach to interest rate management and income generation. By investing in the Mackenzie Global Fixed Income Allocation ETF, investors gain access to a world-class portfolio managed by experienced professionals who are adept at navigating the complexities of the global fixed income landscape. This ETF not only aims to deliver steady income but also seeks to enhance portfolio stability, making it an essential component for investors looking to balance risk and reward in their investment strategy.

Mackenzie Global Fixed Income Allocation ETF Trust Units (MGAB) Fund Flow Chart

Mackenzie Global Fixed Income Allocation ETF Trust Units (MGAB) 1 year Net Flows: -C$838K

MGAB ETF FAQ

What was TSE:MGAB’s price range in the past 12 months?
TSE:MGAB lowest ETF price was C$16.21 and its highest was C$17.52 in the past 12 months.
    What is the AUM of TSE:MGAB?
    As of Feb 20, 2025 The AUM of TSE:MGAB is 5.09M.
      Is TSE:MGAB overvalued?
      According to Wall Street analysts TSE:MGAB’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does TSE:MGAB pay dividends?
        TSE:MGAB does not currently pay dividends.
        How many shares outstanding does TSE:MGAB have?
        Currently, no data Available
        Which hedge fund is a major shareholder of TSE:MGAB?
        Currently, no hedge funds are holding shares in TSE:MGAB

        Top 10 Holdings

        Name
        Weight %
        Mackenzie Canadian Short-Term Bond Index ETF
        14.93%
        Mackenzie Canadian Aggregate Bond Index ETF
        14.27%
        Mackenzie U.S. Aggregate Bond Index ETF Trust Units
        11.92%
        Mackenzie US Investment Grade Corporate Bond Index ETF CAD Hed
        9.94%
        Mackenzie Developed ex-North America Aggregate Bond Index ETF Trust Units
        8.98%
        Mackenzie Emerging Markets Local Currency Bond Index ETF Series E Trust Units
        8.35%
        QCB
        Mackenzie Canadian All Corporate Bond Index ETF
        8.18%
        Mackenzie Emerging Markets Bond Index ETF (CAD-Hedged) Series E Trust Units
        6.07%
        Mackenzie US High Yield Bond Index ETF (CAD-Hedged)
        5.89%
        QTIP
        Mackenzie US TIPS Index ETF (CAD-Hedged)
        5.84%
        Total94.37%
        See All Holdings
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