Risk rating lowered on Mackenzie Investments ETF

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. […]

By Staff | April 3, 2017 | Last updated on April 3, 2017

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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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