Key stats
About MACKENZIE MAX DIVER EMG MKT IDX ETF UNITS SER E
Expense ratio
0.85%
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Inception date
Jan 23, 2017
The fund aims for long-term capital growth by investing in equity securities of companies in emerging markets in such a way that maximum diversification of its investments is achieved. Eligible securities are first subjected to size and liquidity rules. Then, the Diversification Ratio is applied to index constituents, which is a mathematical definition of diversification according to the fund advisers proprietary methodology. The fund may use derivatives in order to further meet its investment objective, and may also engage in short selling or other securities lending transactions to generate additional income. Moreover, the Fund may choose to temporarily invest in cash or cash equivalent securities as a defensive strategy or as deemed necessary by the fund adviser.
Classification
What's in the fund
Exposure type
Finance
Stock breakdown by region