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Mackenzie Balanced Allocation ETF
MBAL (Mackenzie Balanced Allocation ETF) is an index Balanced ETF by Mackenzie. With a 0.17% MER, it provides diversified exposure. Quarterly distribution with a 2.01% yield.
MBAL by Mackenzie is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
Its 0.17% MER makes it one of the most cost-effective options in its category. It pays a quarterly distribution with a 2.01% yield, making it attractive for income-seeking investors.
MBAL is an all-in-one solution combining equities and bonds. It is particularly well suited for beginners or investors who prefer a simplified approach.