Mackenzie Investments launches Mackenzie Global Sustainable Bond ETF

By Marisa Wong

Los Angeles, Sept. 23 – Mackenzie Investments launched on Thursday the Mackenzie Global Sustainable Bond ETF, expanding its comprehensive suite of global exchange-traded funds 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, according to a press release.

The securities are selected using a proprietary method that involves analyzing over 2,900 environmental, social and governance performance data points.

The new ETF is managed by the Mackenzie fixed-income team. In April the team launched Mackenzie Global Sustainable Bond Fund, a mutual fund with a similar investment strategy to the new ETF.

The ETF began trading Thursday on the NEO Exchange under the ticker symbol “MGSB.”

Mackenzie is an investment management firm based in Toronto.

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