The ETF tracks the Collective GBS Developing Economies Large and Mid Cap CAD Index, which is designed to replicate the overall performance of equity securities in emerging economies.
McKenzie’s entire portfolio of ETFs now consists of 45 Canadian-listed ETFs including active, strategic beta and index solutions. In just five years, the firm’s ETF business has grown to over $12 billion in assets under management.
“Economic growth in emerging markets is outpacing that of more developed economies,” Cook said. “The Mackenzie Emerging Markets Equity Index ETF will tap into global growth opportunities, while satisfying investors’ growing demand for emerging market equities as they play a more mainstream role in investment portfolios.”
The ETF is now trading on the Toronto Stock Exchange under the ticker name QEE.
