Overview
Description
The Mackenzie Emerging Markets Bond Fund CAD-Hedged is an actively managed mutual fund designed to provide Canadian investors with exposure to a diversified portfolio of bonds from emerging market countries while mitigating currency risk. The primary purpose of this fund is to generate income and long-term growth by investing in sovereign, quasi-sovereign, and corporate bonds issued in emerging markets. By utilizing a CAD-hedged strategy, the fund aims to protect Canadian investors from currency fluctuations between the Canadian dollar and the currencies of the countries in which it invests. This fund plays a crucial role in enhancing portfolio diversification, offering access to global debt securities that may not be available in domestic markets. By focusing on emerging markets, it taps into the potential of regions experiencing rapid economic growth and development, while also attending to geopolitical and economic factors influencing bond performance.
About
Address
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Phone
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Website
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Instrument type
ETF
Country
Canada
MIC code
NEOE