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Mackenzie Investments
A one-ticket global equity portfolio: 3,465 stocks held through four underlying funds, 45% United States, unhedged, for 0.17% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Broad equity exposure. The portfolio is spread across many holdings rather than depending on any one stock.
Top holding: NVIDIA Corp 3.4% (broad) · Top sector: Technology 24.5% (broad) · Top region: United States 45.3% (global)
Technology 24.5%·Financials 21.0%·Industrials 10.9%·Materials 7.4%·Consumer Discretionary 7.3%·Other 7.0%·Other (locked) 21.3%
United States 45.3%·Canada 27.6%·Europe 12.3%·Emerging Markets 8.0%·Japan 4.9%·Other 1.5%
Look-through via underlying funds.
The management fee was 0.17% a year, or about $17 for every $10,000 held. This figure is the fund's own fee; the underlying funds it holds are covered by it rather than charged again. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
A mix of income types
The full distribution tax character across 3 years, plus what you keep after tax in a TFSA, RRSP, or non-registered account, is on the Real Yield report card.
See the full tax breakdown →For information only, not tax advice. Tax treatment depends on your account type and personal circumstances; consult a qualified tax professional.
How durable the fund is, and what moved its price.
| Assets | $37M· net assets |
| Listed | 2023· 2 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | MEQT.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-unhedged |
| Asset class | Equity |
| Structure | Fund of funds |
| Theme | Broad Market |
| Geography | Global / World |
| Provider | Mackenzie Investments |
| Mgmt fee | 0.17% |
Compare MEQT.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
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