Question 1

What is MGB?

Accepted Answer

MGB — Mackenzie Core Plus Global Fixed Income ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the MGB ETF price today?

Accepted Answer

MGB last traded at $15.61 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the MGB MER (management expense ratio)?

Accepted Answer

MGB has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, MGB is considered a low-cost ETF.

Question 4

What are MGB annualised returns?

Accepted Answer

MGB historical returns: YTD: -2.44%, 1-year: +0.39%, 3-year annualised: +3.37%, 5-year annualised: -0.24%, 10-year annualised: +0.94%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is -0.10, which measures risk-adjusted return.

Question 5

Does MGB pay dividends or distributions?

Accepted Answer

Yes, MGB distributes income to unitholders. The current distribution yield is approximately 3.71%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does MGB invest in?

Accepted Answer

MGB's top holdings include Mackenzie US Investment Grade Corporate Bond Index ETF (CAD-Hedged) (QUIG, 5.8%), Mackenzie Canadian All Corporate Bd ETF (QCB, 3.9%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Gbl Core Bd GR CAD.

Question 7

What sectors does MGB invest in?

Accepted Answer

MGB's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is MGB? (Assets under management)

Accepted Answer

MGB has approximately $108M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was MGB launched?

Accepted Answer

MGB was launched on April 19, 2016, giving it a 10-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy MGB in Canada?

Accepted Answer

MGB trades on the TSX under the ticker MGB. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is MGB?

Accepted Answer

MGB has a 1-year volatility of 3.78% and a beta of 0.63 (less volatile than the broad market). Its 3-year Sharpe ratio of -0.10 indicates below-average risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-08-20	$15.61	$15.61	$15.61	$15.61	$15.61	200
2026-08-19	$15.59	$15.62	$15.59	$15.62	$15.62	3,143
2026-08-18	$15.60	$15.60	$15.60	$15.60	$15.60	0
2026-08-14	$15.70	$15.70	$15.69	$15.69	$15.69	580
2026-08-13	$15.77	$15.77	$15.70	$15.70	$15.70	1,056
2026-08-12	$15.75	$15.75	$15.69	$15.69	$15.69	810
2026-08-11	$15.70	$15.70	$15.68	$15.68	$15.68	1,924
2026-08-10	$15.70	$15.70	$15.63	$15.63	$15.63	8,238
2026-08-07	$15.73	$15.74	$15.68	$15.74	$15.74	1,100
2026-08-06	$15.72	$15.74	$15.72	$15.74	$15.74	531

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

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CIBC Investor's Edge

Mackenzie Core Plus Global Fixed Income ETF (MGB : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Mackenzie Core Plus Global Fixed Income ETF

ETF Details

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Frequently Asked Questions — MGB