Mackenzie Canadian Bond Positions Weight vs. Net Asset

QBB
 Etf
  

CAD 92.76  0.25  0.27%   

For Mackenzie Canadian profitability analysis, we use financial ratios and fundamental drivers that measure the ability of Mackenzie Canadian to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well Mackenzie Canadian Aggregate utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between Mackenzie Canadian's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of Mackenzie Canadian Aggregate over time as well as its relative position and ranking within its peers. Please see Your Equity Center.
  
Please note, there is a significant difference between Mackenzie Canadian's value and its price as these two are different measures arrived at by different means. Investors typically determine Mackenzie Canadian value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Mackenzie Canadian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

Mackenzie Canadian Net Asset vs. Bond Positions Weight Fundamental Analysis

Comparative valuation techniques use various fundamental indicators to help in determining Mackenzie Canadian's current stock value. Our valuation model uses many indicators to compare Mackenzie Canadian value to that of its competitors to determine the firm's financial worth.
Mackenzie Canadian Aggregate is presently regarded as number one ETF in bond positions weight as compared to similar ETFs. It is presently regarded as number one ETF in net asset as compared to similar ETFs making up about  1,071,466  of Net Asset per Bond Positions Weight. . Comparative valuation analysis is a catch-all model that can be used if you cannot value Mackenzie Canadian by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Mackenzie Canadian's Etf . Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Mackenzie Canadian's earnings, one of the primary drivers of an investment's value.

Mackenzie Net Asset vs. Bond Positions Weight

Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Mackenzie Canadian 
Bond Percentage 
 = 
% of Bonds 
 
in the fund 
95.85 %
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Mackenzie Canadian 
Net Asset 
 = 
Current Market Value 
Current Liabilities 
102.7 M
Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.

Mackenzie Canadian Profitability Projections

The most important aspect of a successful company is its ability to generate a profit. For investors in Mackenzie Canadian, profitability is also one of the essential criteria for including it into their portfolios because, without profit, Mackenzie Canadian will eventually generate negative long term returns. The profitability progress is the general direction of Mackenzie Canadian's change in net profit over the period of time. It can combine multiple indicators of Mackenzie Canadian, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
Mackenzie Canadian Aggregate Bond Index ETF seeks to replicate, to the extent reasonably possible and before fees and expenses, the performance of the Solactive Canadian Select Universe Bond Index, or any successor thereto. MACKENZIE CDN is traded on Toronto Stock Exchange in Canada.

Mackenzie Profitability Driver Comparison

Profitability drivers are factors that can directly affect your investment outlook on Mackenzie Canadian. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of Mackenzie Canadian position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the Mackenzie Canadian's important profitability drivers and their relationship over time.

Learn to be your own money manager

Our tools can tell you how much better you can do entering a position in Mackenzie Canadian without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Analyst Recommendations

Analyst recommendations and target price estimates broken down by several categories
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Use Investing Themes to Complement your Mackenzie Canadian position

In addition to having Mackenzie Canadian in your portfolios, you can quickly add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your investment opportunity, you can then find an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility.

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Macroaxis Picks Theme
Daily selected watch list of stocks of large companies handpicked by Macroaxis Team based on their diversification potential. The Macroaxis Picks theme has 45 constituents at this time.
You can either use a buy-and-hold strategy to lock in the entire theme or actively trade it to take advantage of the short-term price volatility of individual constituents. Macroaxis can help you discover thousands of investment opportunities in different asset classes. In addition, you can partner with us for reliable portfolio optimization as you plan to utilize Macroaxis Picks Theme or any other thematic opportunities.
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Please see Your Equity Center. You can also try Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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To fully project Mackenzie Canadian's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of Mackenzie Canadian at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include Mackenzie Canadian's income statement, its balance sheet, and the statement of cash flows.
Potential Mackenzie Canadian investors and stakeholders can use historical trends found within financial statements to determine how well the company is positioned for the future. Although Mackenzie Canadian investors may work on each financial statement separately, they are all related. The changes in Mackenzie Canadian's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Mackenzie Canadian's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.