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 $26.68 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: +8.85%, 1-year: +15.56%. Past performance is not a guarantee of future results.

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, 4.9%), Alphabet Inc Class A (GOOGL, 4.5%), Apple Inc. (AAPL, 4.5%), Microsoft Corporation (MSFT, 3.2%), 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 (24.5%), Financial Services (14.5%), Industrials (12.1%). 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 $371M 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 8.32% and a beta of 0.00 (less volatile than the broad market). As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-10	$26.59	$26.68	$26.59	$26.68	$26.68	303
2026-07-09	$26.50	$26.62	$26.50	$26.58	$26.58	4,596
2026-07-08	$26.43	$26.51	$26.40	$26.47	$26.47	5,198
2026-07-07	$26.79	$26.80	$26.63	$26.65	$26.65	4,016
2026-07-06	$26.89	$26.89	$26.69	$26.72	$26.72	7,115
2026-07-03	$26.80	$26.98	$26.80	$26.97	$26.97	1,382
2026-07-02	$26.67	$26.67	$26.54	$26.60	$26.60	629
2026-06-30	$26.45	$26.48	$26.40	$26.44	$26.44	2,900
2026-06-29	$26.21	$26.38	$26.21	$26.37	$26.37	15,310
2026-06-26	$25.72	$26.13	$25.72	$26.08	$26.08	5,200

#	Ticker	Name	Weight
1	NVDA	NVIDIA Corporation	4.86%
2	GOOGL	Alphabet Inc Class A	4.51%
3	AAPL	Apple Inc.	4.48%
4	MSFT	Microsoft Corporation	3.25%
5	AMZN	Amazon.com Inc	3.10%
6	2330	Taiwan Semiconductor Manufacturing Co. Ltd.	2.97%
7	JNJ	Johnson & Johnson	2.88%
8	JPM	JPMorgan Chase & Co	2.31%
9	PM	Philip Morris International Inc	2.25%
10	CME	CME Group Inc	2.08%

Sector	Weight
Technology	24.51%
Financial Services	14.49%
Industrials	12.12%
Healthcare	11.73%
Consumer Defensive	9.61%
Energy	6.89%
Communication Services	6.46%
Consumer Cyclicals	6.02%
Utilities	4.36%
Basic Materials	3.18%
Real Estate	0.63%

Mackenzie Global Dividend ETF (MGDV : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

ETF Details

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Frequently Asked Questions — MGDV