Question 1

What is MFT?

Accepted Answer

MFT — Mackenzie Floating Rate Income ETF — is a Canadian-listed ETF trading on the TSX. NA

Question 2

What is the MFT ETF price today?

Accepted Answer

MFT last traded at $15.68 CAD on the TSX. See the price chart above for recent performance.

Question 3

What is the MFT MER (management expense ratio)?

Accepted Answer

MFT has a management expense ratio (MER) of 0% per year. This fee is automatically deducted from the fund's assets, so you never pay it directly — but it does reduce your net returns over time. At 0%, MFT is considered a low-cost ETF.

Question 4

What are MFT annualised returns?

Accepted Answer

MFT historical returns: YTD: -0.76%, 1-year: +2.82%, 3-year annualised: +5.52%, 5-year annualised: +3.82%, 10-year annualised: +4.43%. Past performance is not a guarantee of future results. The 3-year Sharpe ratio is 0.97, which measures risk-adjusted return.

Question 5

Does MFT pay dividends or distributions?

Accepted Answer

Yes, MFT distributes income to unitholders. The current distribution yield is approximately 8.24%, paid monthly. Distributions may include dividends, interest, capital gains, or return of capital depending on the fund's holdings. In a TFSA or RRSP, distributions are sheltered from tax.

Question 6

What does MFT invest in?

Accepted Answer

MFT's top holdings include iShares iBoxx $ High Yield Corporate Bond ETF (HYG, 1.2%). See the full Top 10 Holdings table above for a complete breakdown. The fund tracks the Morningstar LSTA US LL TR CAD.

Question 7

What sectors does MFT invest in?

Accepted Answer

MFT's largest sector exposures are Basic Materials (0.0%), Consumer Cyclicals (0.0%), Financial Services (0.0%). The full sector breakdown is shown in the Sector Weights table on this page.

Question 8

How large is MFT? (Assets under management)

Accepted Answer

MFT has approximately $320M in assets under management (AUM). Larger AUM generally means better liquidity, tighter bid-ask spreads, and a lower risk of the fund being wound down.

Question 9

When was MFT launched?

Accepted Answer

MFT was launched on April 19, 2016, giving it a 10-year track record. A longer history makes it easier to evaluate how the ETF performs across different market cycles.

Question 10

How do I buy MFT in Canada?

Accepted Answer

MFT trades on the TSX under the ticker MFT. You can buy it through any Canadian brokerage, including Wealthsimple Trade (commission-free), Questrade, TD Direct Investing, RBC Direct, and CIBC Investor's Edge. It can be held in a TFSA, RRSP, FHSA, or taxable account.

Question 11

How risky is MFT?

Accepted Answer

MFT has a 1-year volatility of 1.63% and a beta of 0.11 (less volatile than the broad market). Its 3-year Sharpe ratio of 0.97 indicates moderate risk-adjusted returns. As with all market-linked investments, past volatility does not predict future risk.

Date	Open	High	Low	Close	Adj Close	Volume
2026-07-20	$15.68	$15.72	$15.68	$15.68	$15.68	1,151
2026-07-17	$15.71	$15.73	$15.67	$15.73	$15.73	2,724
2026-07-16	$15.66	$15.70	$15.66	$15.67	$15.67	3,916
2026-07-15	$15.60	$15.67	$15.60	$15.64	$15.64	840
2026-07-14	$15.63	$15.64	$15.63	$15.64	$15.64	3,340
2026-07-13	$15.60	$15.65	$15.60	$15.64	$15.64	5,277
2026-07-10	$15.59	$15.62	$15.59	$15.60	$15.60	6,317
2026-07-09	$15.60	$15.62	$15.59	$15.60	$15.60	3,772
2026-07-08	$15.63	$15.63	$15.59	$15.59	$15.59	4,681
2026-07-07	$15.61	$15.61	$15.59	$15.59	$15.59	2,817

Sector	Weight
Basic Materials	0.00%
Consumer Cyclicals	0.00%
Financial Services	0.00%
Real Estate	0.00%
Communication Services	0.00%
Energy	0.00%
Industrials	0.00%
Technology	0.00%
Consumer Defensive	0.00%
Healthcare	0.00%
Utilities	0.00%

Mackenzie Floating Rate Income ETF (MFT : TSX)

CIBC Investor's Edge

Price Chart (30 Days)

Key Statistics

Recent Price History

Annualised Returns

Top 10 Holdings

Sector Weights

About Mackenzie Floating Rate Income ETF

ETF Details

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Frequently Asked Questions — MFT