Question 1

What is MGDV?

Accepted Answer

MGDV (Mackenzie Global Dividend ETF) is a Canadian-listed ETF trading on the TSX in the Global Equity category. It tracks the Morningstar Global Markets GR CAD.

Question 2

What is the MGDV ETF price today?

Accepted Answer

MGDV last traded at $27.26 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are MGDV annualised returns?

Accepted Answer

MGDV historical returns: YTD: +11.22%, 1-year: +9.17%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.00, which measures risk-adjusted return.

Question 4

Does MGDV pay dividends or distributions?

Accepted Answer

Yes, MGDV distributes income to unitholders. The current distribution yield is approximately 0.83%. 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 5

What does MGDV invest in?

Accepted Answer

MGDV's top holdings include NVIDIA Corporation (NVDA, 5.2%), Microsoft Corporation (MSFT, 4.2%), Alphabet Inc Class A (GOOGL, 4.4%), Apple Inc. (AAPL, 4.0%), Amazon.com Inc (AMZN, 3.1%) — and 5 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Global Markets GR CAD.

Question 6

What sectors does MGDV invest in?

Accepted Answer

MGDV's largest sector exposures are Technology (29.0%), Financial Services (14.4%), Healthcare (11.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is MGDV? (Assets under management)

Accepted Answer

MGDV has approximately $392M 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 8

When was MGDV launched?

Accepted Answer

MGDV was launched on June 6, 2024, giving it a 2-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 9

How do I buy MGDV in Canada?

Accepted Answer

MGDV trades on the TSX under the ticker MGDV. 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 10

How risky is MGDV?

Accepted Answer

MGDV has a 1-year volatility of 7.95% and a beta of 0.00 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.00 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
2026-11-10	$27.39	$27.39	$27.17	$27.26	$27.26	12,037
2026-11-09	$27.12	$27.33	$27.12	$27.32	$27.32	934
2026-11-06	$26.76	$26.83	$26.73	$26.73	$26.73	3,700
2026-11-05	$26.81	$26.81	$26.70	$26.77	$26.77	2,541
2026-11-04	$27.34	$27.46	$27.30	$27.43	$27.43	22,844
2026-11-03	$26.95	$26.95	$26.95	$26.95	$26.95	149
2026-11-02	$27.30	$27.30	$26.95	$26.95	$26.95	6,167
2026-10-30	$26.79	$27.04	$26.79	$26.98	$26.98	3,682
2026-10-29	$27.27	$27.32	$27.14	$27.32	$27.32	31,886
2026-10-28	$27.34	$27.38	$27.26	$27.28	$27.28	11,960

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	5.25%
2	MSFT	Microsoft Corporation	4.25%
3	GOOGL	Alphabet Inc Class A	4.43%
4	AAPL	Apple Inc.	3.98%
5	AMZN	Amazon.com Inc	3.12%
6	JNJ	Johnson & Johnson	2.98%
7	2330	Taiwan Semiconductor Manufacturing Co. Ltd.	2.66%
8	PM	Philip Morris International Inc	2.32%
9	JPM	JPMorgan Chase & Co	2.29%
10	V	Visa Inc. Class A	2.00%

Sector	Weight
Technology	29.03%
Financial Services	14.38%
Healthcare	11.05%
Industrials	10.41%
Consumer Defensive	7.63%
Communication Services	7.40%
Consumer Cyclicals	6.52%
Energy	4.87%
Utilities	3.55%
Basic Materials	3.22%
Real Estate	0.53%

Ticker	Name	Price	1D
CGMD		$5.13	+14.00%
NVDD		$15.27	+11.62%
GDXD	BetaPro Canadian Gold Miners -2x Daily Bear ETF	$8.18	+10.09%
MSTZ		$2.66	+8.57%
COID		$6.48	+8.00%
CCUL	Counterpoint Global CIBC U.S. Large Cap Growth ETF	$23.18	+7.91%
SLVD	BetaPro Silver -2x Daily Bear ETF	$46.09	+7.19%
SHPD		$5.24	+6.50%

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Mackenzie Global Dividend ETF (MGDV : TSX)

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Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

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