Mackenzie Canadian Ownership

QBB Etf  CAD 92.56  0.24  0.26%   
Some institutional investors establish a significant position in etfs such as Mackenzie Canadian in order to find ways to drive up its value. Retail investors, on the other hand, need to know that institutional holders can own millions of shares of Mackenzie Canadian, and when they decide to sell, the etf will often sell-off, which may instantly impact shareholders' value. So, traders who get in early or near the beginning of the institutional investor's buying cycle could potentially generate profits.
Please note, institutional investors have a lot of resources and new technology at their disposal. They can put in a lot of research and financial analysis when reviewing investment options. There are many different types of institutional investors, including banks, hedge funds, insurance companies, and pension plans. One of the main advantages they have over retail investors is the fees paid for trades. As they are buying in large quantities, they can manage their cost more effectively.
  
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Mackenzie Canadian Aggregate. Also, note that the market value of any etf could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Mackenzie Etf Ownership Analysis

The fund maintains about 95.85% of assets in bonds. Mackenzie Canadian last dividend was 0.149 per share. Mackenzie Canadian Aggregate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canadian Select Universe Bond Index, or any successor thereto. MACKENZIE CDN is traded on Toronto Stock Exchange in Canada. To find out more about Mackenzie Canadian Aggregate contact the company at 800-387-0614.

Top Mackenzie Canadian Aggregate Etf Constituents

Canada Housing Trust No.11.82%
Ontario (Province Of)1.5800001%
Canada (Government of)1.98%
Quebec (Province Of)2.41%

Institutional Etf Holders for Mackenzie Canadian

Mackenzie Canadian Outstanding Bonds

Mackenzie Canadian issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Mackenzie Canadian uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Mackenzie bonds can be classified according to their maturity, which is the date when Mackenzie Canadian Aggregate has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Pair Trading with Mackenzie Canadian

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Mackenzie Canadian position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Mackenzie Canadian will appreciate offsetting losses from the drop in the long position's value.

Moving together with Mackenzie Etf

  0.98ZAG BMO Aggregate BondPairCorr
  0.99XBB iShares Canadian UniversePairCorr
  0.96ZCPB BMO Core PlusPairCorr
  0.99ZDB BMO Discount BondPairCorr
  0.95XGB iShares Canadian GovPairCorr

Moving against Mackenzie Etf

  0.32ZSP BMO SP 500PairCorr
  0.32VFV Vanguard SP 500PairCorr
The ability to find closely correlated positions to Mackenzie Canadian could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Mackenzie Canadian when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Mackenzie Canadian - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Mackenzie Canadian Aggregate to buy it.
The correlation of Mackenzie Canadian is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Mackenzie Canadian moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Mackenzie Canadian moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Mackenzie Canadian can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Other Information on Investing in Mackenzie Etf

Mackenzie Canadian financial ratios help investors to determine whether Mackenzie Etf is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Mackenzie with respect to the benefits of owning Mackenzie Canadian security.