Key stats
About MACKENZIE BALANCED ALLOCATION ETF UNIT
Expense ratio
0.19%
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Inception date
Sep 29, 2020
The fund provides strategic allocation to a global portfolio of fixed income and equities. The Portfolio Manager invests in ETFs that can provide long-term capital appreciation and moderate income. MBAL maintains a 60/40 asset allocation to equities and fixed income, respectively. It may use derivatives to gain exposure to these asset classes. The fund can undergo reconstitution and rebalance at the discretion of the Portfolio Manager.
Classification
What's in the fund
Exposure type
ETF
Bonds, Cash & Other100.00%
ETF99.77%
Cash0.23%
Displays a symbol's price movements over previous years to identify recurring trends.