Question 1

What is MGRW?

Accepted Answer

MGRW — Mackenzie Growth Allocation ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the MGRW ETF price today?

Accepted Answer

MGRW last traded at $36.72 CAD on the TSX. See the price chart above for recent performance.

Question 3

What are MGRW annualised returns?

Accepted Answer

MGRW historical returns: YTD: +10.07%, 1-year: +13.99%, 3-year annualised: +18.56%, 5-year annualised: +10.29%, 10-year annualised: +0.00%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 1.98, which measures risk-adjusted return.

Question 4

Does MGRW pay dividends or distributions?

Accepted Answer

Yes, MGRW distributes income to unitholders. The current distribution yield is approximately 1.78%, paid quarterly. 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 MGRW invest in?

Accepted Answer

MGRW's top holdings include Mackenzie US Large Cap Equity Index ETF (QUU, 34.9%), Mackenzie Canadian Equity Index ETF (QCN, 24.8%), Mackenzie International Equity Index ETF (QDX, 15.2%), Mackenzie Canadian Aggregate Bond Index ETF (QBB, 10.8%), Mackenzie Emerging Markets Equity Index ETF (QEE, 5.3%) — and 3 more positions. See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Eq Gbl Tgt Alloc NR CAD.

Question 6

What sectors does MGRW invest in?

Accepted Answer

MGRW's largest sector exposures are Technology (23.9%), Financial Services (21.6%), Industrials (10.8%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 7

How large is MGRW? (Assets under management)

Accepted Answer

MGRW has approximately $90M 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 MGRW launched?

Accepted Answer

MGRW was launched on September 29, 2020, giving it a 6-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 MGRW in Canada?

Accepted Answer

MGRW trades on the TSX under the ticker MGRW. 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 MGRW?

Accepted Answer

MGRW has a 1-year volatility of 8.66% and a beta of 1.06 (roughly in line with the broad market). Its 3-year Sharpe ratio of 1.98 indicates solid 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	$36.64	$36.72	$36.64	$36.72	$36.72	14,945
2026-11-09	$36.82	$36.82	$36.82	$36.82	$36.82	1,600
2026-11-06	$36.10	$36.13	$36.10	$36.13	$36.13	556
2026-11-05	$35.95	$35.95	$35.92	$35.92	$35.92	1,776
2026-11-04	$36.27	$36.27	$36.27	$36.27	$36.27	0
2026-11-03	$36.40	$36.40	$36.30	$36.30	$36.30	485
2026-11-02	$36.34	$36.34	$36.34	$36.34	$36.34	231
2026-10-30	$36.59	$36.59	$36.10	$36.26	$36.26	1,261
2026-10-29	$36.77	$36.85	$36.77	$36.85	$36.85	3,203
2026-10-28	$36.79	$36.79	$36.79	$36.79	$36.79	280

#	Ticker	Name	Weight
1	QUU	Mackenzie US Large Cap Equity Index ETF	34.91%
2	QCN	Mackenzie Canadian Equity Index ETF	24.75%
3	QDX	Mackenzie International Equity Index ETF	15.15%
4	QBB	Mackenzie Canadian Aggregate Bond Index ETF	10.76%
5	QEE	Mackenzie Emerging Markets Equity Index ETF	5.35%
6	QUB	Mackenzie U.S. Aggregate Bond Index ETF (CAD-Hedged)	4.13%
7	QDXB	Mackenzie Developed ex-North America Aggregate Bond Index ETF (CAD-Hedged)	2.89%
8	QEBL	Mackenzie Emerging Markets Local Currency Bond Index ETF	0.39%

Sector	Weight
Technology	23.92%
Financial Services	21.61%
Industrials	10.76%
Energy	8.71%
Healthcare	7.30%
Basic Materials	7.13%
Consumer Cyclicals	6.72%
Communication Services	5.66%
Consumer Defensive	4.48%
Utilities	2.38%
Real Estate	1.56%

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%

Mackenzie Growth Allocation ETF (MGRW : TSX)

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Mackenzie Growth Allocation ETF

ETF Details

One Canadian stock and the case for it

Compare MGRW

Explore More

Compare MGRW vs Similar ETFs

Frequently Asked Questions — MGRW