Canada's Mackenzie launches global ESG bond ETF
Canada’s Mackenzie Investments has launched the Mackenzie Global Sustainable Bond ETF, expanding its comprehensive suite of global ETFs and adding to its sustainable investing products.
This new ETF seeks to provide a steady flow of income with potential for moderate capital growth by investing primarily in fixed-income securities with a focus on sustainable and responsible global issuers. They are selected using a proprietary method which involves analysing more than 2,900 environmental, social and governance (ESG) performance data points.
“As we continue to build our lineup of purpose-driven ETFs, made for Canadians, by Canadians, Mackenzie is committed to providing investors with simple, effective solutions that help to strengthen and diversify their portfolios,” says Michael Cooke, Head of ETFs at Mackenzie Investments. “Through the launch of Mackenzie Global Sustainable Bond ETF, we are excited to help meet the growing demand for sustainable investing solutions while providing access to long-term risk adjusted returns.”
The new ETF is managed by the Mackenzie Fixed Income Team, an early adopter of sustainable investing with a proven proprietary process that integrates ESG factors into its investment selection. In April 2021 the Team launched Mackenzie Global Sustainable Bond Fund, a mutual fund with a similar investment strategy to the new ETF.
With the introduction of the Mackenzie Global Sustainable Bond ETF, Mackenzie's comprehensive suite of ETFs now stands at 42 Canadian-listed ETFs and spans active, strategic beta and index solutions. The firm's ETF business has grown to more than CAD11 billion in assets under management in just over five years.