Search for an ETF or holding
Mackenzie Core Plus Global Fixed Income ETF
MGB (Mackenzie Core Plus Global Fixed Income ETF) is an index Canadian Fixed Income ETF by Mackenzie. With a 0.50% MER, it provides diversified exposure. Monthly distribution with a 3.99% yield.
MGB by Mackenzie is a passively managed index ETF that tracks a broad market index. This approach keeps management fees low while providing wide diversification.
With a 0.50% MER, its fees are in line with category averages. It pays a monthly distribution with a 3.99% yield, making it attractive for income-seeking investors.
This ETF is suited for investors seeking stability and capital preservation. It can serve as a defensive component in a diversified portfolio or as a temporary cash parking option.