Risk rating lowered on Mackenzie Investments ETF

By Staff | April 3, 2017 | Last updated on April 3, 2017
1 min read
CC&L Private Capital changes fund’s risk rating

Effective today, the risk rating for Mackenzie Core Plus Global Fixed Income ETF changes from “medium to low” to “low.”

The change results from compliance with the Canadian Securities Administrators’ updated risk classification methodology, published December 2016. Previously, the ETF’s risk rating was determined using a standard deviation–based calculation sanctioned by the Canadian ETF Association.

Read: ETF facts, mutual fund risk methodology now finalized

There are no changes to the investment objectives or strategies of the fund associated with its new risk rating.

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Lessons from 2016’s volatile high yield

How to invest in Canadian equities

Advisor.ca staff


The staff of Advisor.ca have been covering news for financial advisors since 1998.