93.13000 CAD
0.21
0.22%
Last update Dec 12, 10:53 AM EST
Market closed
Day range
93.13000
93.19000
Previous close
93.34000
Open
93.17000
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Mackenzie Canadian Aggregate Bond Fund
93.13
0.21
0.22%

Overview

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Description

The Mackenzie Canadian Aggregate Bond Fund is a fixed income fund designed to provide investors with exposure to the Canadian bond market. Its primary function is to generate income and preserve capital by investing in a diversified portfolio of Canadian fixed-income securities. The fund primarily includes government bonds, high-quality corporate bonds, and securitized debt instruments, providing exposure to a wide array of interest rate sensitivities and maturities. A notable feature of this fund is its emphasis on stability and relatively lower risk, appealing to investors seeking conservative asset allocation. By focusing primarily on Canadian debt securities, it plays a significant role in capitalizing on the strengths of Canada's stable economic environment and creditworthiness. The fund serves as a key component for risk-averse investors seeking diversification and predictable income streams within their investment portfolios.

About

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Phone
Website
Instrument type
ETF
Country
Canada
MIC code
XTSE
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