Mackenzie Investments has announced its monthly cash distributions for July 2026, impacting various ETFs listed on the TSX. Unitholders can expect these payments on August 11, 2026.
On July 27, 2026, Mackenzie Investments revealed the cash distributions for its Exchange Traded Funds (ETFs) trading on the Toronto Stock Exchange (TSX) and Cboe Canada. Unitholders of record on August 4, 2026, will receive these distributions, which vary across different funds. This update is crucial for Canadian investors looking to manage their portfolio income effectively.
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IGM Financial Inc.
IGM.TO
IGM.TO
IGM Financial Inc.
WealthAwesomeMarket cap
$19.61B
P/E
17.4x
Div. yield
2.77%
Div. / share
$2.31
52W high
$87.99
52W low
$43.02
1W change
+0.50%
Beta
1.12
Analyst Price Targets
Based on analyst covering IGM
Wall Street analysts forecast IGM stock price to fall 2.3% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$82.38
-2.3% Upside
Current Price
C$84.34
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on IGM's historical volatility
30-Day Vol
26.1%
Annualized
90-Day Vol
22.9%
Annualized
Trend (90d)
+45.2%
Annualized drift
90d Mean
C$99.12
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$89.01 | C$81.34 – C$97.39 |
| 60 trading days | C$93.93 | C$82.70 – C$106.69 |
| 90 trading days | C$99.12 | C$84.81 – C$115.86 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Investor takeaway: Long-term Canadian investors should consider how these distributions align with their income strategies and overall portfolio management.
July 2026 Distributions Breakdown — Key Figures for Investors
Mackenzie’s ETFs will distribute varying amounts, with the Mackenzie Canadian Aggregate Bond Index ETF (QBB) paying out CA$0.25914 per unit and the Mackenzie US TIPS Index ETF (CAD-Hedged) (QTIP) offering CA$0.95418. These figures highlight the income potential across different asset classes, which is essential for Canadian investors assessing yield opportunities.
Bull case
- The announced distributions provide a steady income stream for investors, especially those focused on fixed income and dividend yields.
- Mackenzie’s diverse range of ETFs allows investors to customize their portfolios based on their risk tolerance and income needs.
Bear case
- Investors should keep in mind that distributions can vary and are not guaranteed, which may affect overall returns.
- If the ETFs don’t perform as expected, the value of investments could decrease, even with distributions coming in.
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