Question 1

What is MKB?

Accepted Answer

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

Question 2

What is the MKB ETF price today?

Accepted Answer

MKB last traded at $19.04 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the MKB MER (management expense ratio)?

Accepted Answer

MKB 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%, MKB is considered a low-cost ETF.

Question 4

What are MKB annualised returns?

Accepted Answer

MKB historical returns: YTD: -0.31%, 1-year: +4.11%, 3-year annualised: +4.59%, 5-year annualised: +0.91%, 10-year annualised: +2.33%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.17, which measures risk-adjusted return.

Question 5

Does MKB pay dividends or distributions?

Accepted Answer

Yes, MKB distributes income to unitholders. The current distribution yield is approximately 3.56%, 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 MKB invest in?

Accepted Answer

MKB's top holdings include QBB (QBB, 1.4%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar Can Core Bd GR CAD.

Question 7

What sectors does MKB invest in?

Accepted Answer

MKB'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 MKB? (Assets under management)

Accepted Answer

MKB has approximately $912M 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 MKB launched?

Accepted Answer

MKB 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 MKB in Canada?

Accepted Answer

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

Accepted Answer

MKB has a 1-year volatility of 4.14% and a beta of 0.94 (roughly in line with the broad market). Its 3-year Sharpe ratio of 0.17 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
2026-07-13	$19.00	$19.07	$19.00	$19.04	$19.04	22,924
2026-07-10	$19.01	$19.10	$19.01	$19.09	$19.09	17,789
2026-07-09	$19.00	$19.10	$19.00	$19.09	$19.09	19,781
2026-07-08	$19.06	$19.07	$18.99	$19.07	$19.07	26,944
2026-07-07	$19.19	$19.19	$19.11	$19.14	$19.14	31,129
2026-07-06	$19.16	$19.21	$19.16	$19.21	$19.21	6,627
2026-07-03	$19.32	$19.32	$19.12	$19.12	$19.12	15,300
2026-07-02	$19.13	$19.17	$19.12	$19.14	$19.14	16,800
2026-06-30	$19.31	$19.31	$19.25	$19.28	$19.28	35,500
2026-06-29	$19.29	$19.31	$19.27	$19.31	$19.31	12,563

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%

Mackenzie Core Plus Canadian Fixed Income ETF (MKB : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Mackenzie Core Plus Canadian Fixed Income ETF

ETF Details

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Frequently Asked Questions — MKB