Mackenzie Emerging Markets Local Currency Bond Index ETF (QEBL.TO)

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Mackenzie Emerging Markets Local Currency Bond Index ETF (QEBL.TO)

Country: CanadaSector: Financial ServicesIndustry: Asset Management - BondsExchange: TSX

Company overview

This Exchange Traded Fund (ETF) employs a passive investment strategy, focusing on debt securities issued by sovereign governments and central banks within emerging markets, encompassing countries like China. To be eligible for inclusion, bonds must be denominated in the issuer's domestic currency and have a remaining maturity of at least one year. Inflation-indexed bonds and short-term treasury bills are specifically excluded from the portfolio. The fund's holdings are weighted by market capitalization, with a prudential cap of 10% on any single country's allocation. The portfolio undergoes monthly rebalancing to maintain its adherence to the underlying index.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryCanada
Trades inCAD
Current price
79.69+0.42%
Benchmarks

No price history available.

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

Mackenzie Emerging Markets Local Currency Bond Index ETF (QEBL.TO)

QEBL.TO · TSX · Financial Services
79.69+0.42%
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No price history available.

About

This Exchange Traded Fund (ETF) employs a passive investment strategy, focusing on debt securities issued by sovereign governments and central banks within emerging markets, encompassing countries like China. To be eligible for inclusion, bonds must be denominated in the issuer's domestic currency and have a remaining maturity of at least one year. Inflation-indexed bonds and short-term treasury bills are specifically excluded from the portfolio. The fund's holdings are weighted by market capitalization, with a prudential cap of 10% on any single country's allocation. The portfolio undergoes monthly rebalancing to maintain its adherence to the underlying index.

SectorFinancial Services
IndustryAsset Management - Bonds
CountryCanada
Trades inCAD

For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.

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