Key stats
About MACKENZIE IVY GLOBAL EQUITY ETF UNITS SERIES E
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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.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Technology Services
Health Technology
Finance
Consumer Non-Durables
Stocks98.42%
Technology Services20.68%
Health Technology19.56%
Finance15.92%
Consumer Non-Durables11.94%
Electronic Technology8.82%
Retail Trade7.99%
Consumer Services7.88%
Transportation2.45%
Distribution Services1.62%
Commercial Services1.57%
Bonds, Cash & Other1.58%
Cash1.58%
Stock breakdown by region
North America67.23%
Europe29.23%
Asia3.53%
Latin America0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MIVG invests in stocks. The fund's major sectors are Technology Services, with 20.68% stocks, and Health Technology, with 19.56% of the basket. The assets are mostly located in the North America region.
MIVG top holdings are Microsoft Corporation and Alphabet Inc. Class A, occupying 3.92% and 3.86% of the portfolio correspondingly.
MIVG last dividends amounted to 0.19 CAD. The year before, the issuer paid 0.34 CAD in dividends, which shows a 77.94% decrease.
MIVG assets under management is 20.68 M CAD. It's risen 0.75% over the last month.
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.
Yes, MIVG pays dividends to its holders with the dividend yield of 0.52%. The last dividend (Jan 2, 2025) amounted to 0.19 CAD. The dividends are paid annually.
MIVG shares are issued by Power Financial Corp. under the brand Mackenzie. The ETF was launched on Nov 22, 2017, and its management style is Active.
MIVG expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
MIVG follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MIVG invests in stocks.
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 0.61% over the last month, showed a 8.75% increase in three-month performance and has increased by 17.74% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.61% over the last month, showed a 8.75% increase in three-month performance and has increased by 17.74% in a year.
MIVG trades at a premium (1.71%) meaning the ETF is trading at a higher price than the calculated NAV.