Key stats
About MACKENZIE IVY GLOBAL EQUITY ETF UNITS SERIES E
Home page
Inception date
Nov 22, 2017
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 aims to provide long-term capital growth and protection of capital by investing in a broad universe of equities. Its active strategy allows a bigger allocation of the fund to US equities, but may also invest in companies from other developed and emerging markets. The portfolio managers select companies based on their expected returns in the portfolio, which are based on the stock prices at the time of evaluation and a review of the long-term expected growth of the companies. The review process includes an analysis of each companys competitive position, management strengths, expected profitability, and financial position. The fund expects to hold its positions for the long-term and may also invest in fixed income securities.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Health Technology
Finance
Consumer Non-Durables
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MIVG trades at 37.72 CAD today, its price has risen 1.78% in the past 24 hours. Track more dynamics on MIVG price chart.
MIVG net asset value is 37.70 today — it's risen 0.93% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MIVG assets under management is 20.68 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MIVG price has risen by 0.96% over the last month, and its yearly performance shows a 17.73% increase. See more dynamics on MIVG price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.93% over the last month, showed a 9.49% increase in three-month performance and has increased by 18.27% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.93% over the last month, showed a 9.49% increase in three-month performance and has increased by 18.27% in a year.
MIVG fund flows account for 3.59 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MIVG invests in stocks. See more details in our Analysis section.
MIVG expense ratio is 0.87%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MIVG isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MIVG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MIVG shows the buy signal. See more of MIVG technicals for a more comprehensive analysis.
Today, MIVG technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MIVG shows the buy signal. See more of MIVG technicals for a more comprehensive analysis.
Yes, MIVG pays dividends to its holders with the dividend yield of 0.52%.
MIVG trades at a premium (0.07%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MIVG shares are issued by Power Financial Corp.
MIVG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 22, 2017.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.