Mackenzie Canada Low Volatility ETF Trust Units (TSE:MCLV) Price & Chart
TSE:MCLV ETF Chart & Stats
- Day’s Range
- CAD 31.10 - CAD 31.25
- 52-Week Range
- CAD 25.50 - CAD 31.78
- Previous Close
- CAD 31.45
- Volume
- 7,100
- Average Volume (3M)
- 5,820
- AUM
- 236.21M
- NAV
- 31.50
- Expense Ratio
- 0.57%
- Holdings Count
- 99
- Beta
- 0.64
- Inception Date
- Jun 06, 2024
- Last Dividend Ex-Date
- N/A
- Dividend Yield
- N/A
- Shares Outstanding
- 7,525,000
- Standard Deviation
- N/A
ETF Overview
Mackenzie Canada Low Volatility ETF Trust Units
The Mackenzie Canada Low Volatility ETF Trust Units, trading under the ticker TSE:MCLV, is a meticulously crafted exchange-traded fund designed to cater to discerning investors seeking exposure to the Canadian equity market with a focus on minimizing risk. Positioned within the 'Size and Style' category, this ETF emphasizes a comprehensive approach to the total market, targeting a broad-based niche that balances growth and stability. MCLV stands out by prioritizing low-volatility stocks, which are selected based on their historical performance and resilience in fluctuating markets. This strategic focus aims to offer investors a smoother investment journey, reducing the impact of market volatility on their portfolios, making it an appealing choice for those who prioritize consistent, long-term returns over short-term gains. The fund's structure allows for diversification across a wide array of sectors within the Canadian market, while its low-volatility mandate ensures that each investment aligns with the overarching goal of risk reduction. By investing in MCLV, investors can gain exposure to a curated selection of Canadian companies that exhibit lower volatility, potentially providing a more stable investment experience even amidst market turbulences. With its distinct emphasis on total market exposure and low-volatility, the Mackenzie Canada Low Volatility ETF Trust Units offers a nuanced investment pathway that is ideal for those seeking to balance growth potential with risk management in their portfolios.
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TSE:MCLV ETF Smart Score
Top 10 Holdings
| Name | Weight % |
|---|---|
| BNSBank Of Nova Scotia | 4.16% |
| TDToronto Dominion Bank | 3.93% |
| GWOGreat-West Lifeco | 3.31% |
| CNRCanadian National Railway Company | 2.85% |
| BMOBank Of Montreal | 2.72% |
| WNGeorge Weston Limited | 2.65% |
| RYRoyal Bank Of Canada | 2.59% |
| POWPower Corp Of Canada | 2.52% |
| CMCanadian Imperial Bank Of Commerce | 2.51% |
| FTSFortis | 2.47% |
| Total | 29.71% |