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TSE:QLB Price & Analysis

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QLB ETF Chart & Stats

ETF Overview

Mackenzie Canadian Government Long Bond Index ETF Trust Unit

The Mackenzie Canadian Government Long Bond Index ETF Trust Unit (TSE:QLB) is a meticulously crafted investment vehicle designed to cater to investors seeking stable, long-term growth through exposure to high-quality government securities. This Exchange-Traded Fund (ETF) falls under the 'Government' category, with a broad-based focus on investment-grade bonds, ensuring a robust portfolio of assets that are deemed to have a lower risk of default compared to non-investment-grade securities. QLB is uniquely positioned within the long-term niche, targeting bonds with extended maturities. This strategic focus allows investors to potentially benefit from steady income streams derived from interest payments, as well as the opportunity for capital appreciation over time. The fund is ideal for those looking to diversify their portfolios with a reliable and secure asset class or for investors seeking a hedge against market volatility. Managed by Mackenzie Investments, a leader in asset management, the ETF aims to replicate the performance of the Canadian government long bond index, providing investors with a precise and efficient way to gain exposure to this segment of the bond market. Whether you are a risk-averse investor or someone looking to complement your portfolio with stable government-backed securities, the Mackenzie Canadian Government Long Bond Index ETF Trust Unit offers a compelling option that aligns with prudent investment strategies focused on long-term financial goals.
Asset Class
Fixed Income
Region
North America
Issuer
Mackenzie
Index Tracked
Solactive Canadian Long Term Government Bond Index - CAD - Benchmark TR Gross
Ticker Symbol
TSE:QLB

Mackenzie Canadian Government Long Bond Index ETF Trust Unit (QLB) Fund Flow Chart

Mackenzie Canadian Government Long Bond Index ETF Trust Unit (QLB) 1 year Net Flows: C$6M

QLB ETF FAQ

What was TSE:QLB’s price range in the past 12 months?
TSE:QLB lowest ETF price was C$96.13 and its highest was C$108.89 in the past 12 months.
    What is the AUM of TSE:QLB?
    As of Jan 29, 2025 The AUM of TSE:QLB is 68.70M.
      Is TSE:QLB overvalued?
      According to Wall Street analysts TSE:QLB’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
        Does TSE:QLB pay dividends?
        TSE:QLB does not currently pay dividends.
        How many shares outstanding does TSE:QLB have?
        Currently, no data Available
        Which hedge fund is a major shareholder of TSE:QLB?
        Currently, no hedge funds are holding shares in TSE:QLB

        Top 10 Holdings

        Name
        Weight %
        USD_CASH
        Canada Treasury Bonds 2.0% 01-DEC-2051
        10.62%
        USD_CASH
        Canada Treasury Bonds 1.75% 01-DEC-2053
        6.50%
        USD_CASH
        Province of Ontario 2.9% 02-JUN-2049
        5.45%
        USD_CASH
        Province of Quebec 3.5% 01-DEC-2048
        5.39%
        USD_CASH
        Province of Quebec 3.1% 01-DEC-2051
        5.14%
        USD_CASH
        Canada Treasury Bonds 2.75% 01-DEC-2048
        5.05%
        USD_CASH
        Province of Ontario 3.5% 02-JUN-2043
        4.41%
        USD_CASH
        Canada Treasury Bonds 2.75% 01-DEC-2055
        3.96%
        USD_CASH
        Province of Quebec 5.0% 01-DEC-2041
        3.81%
        USD_CASH
        Province of Ontario 3.75% 02-DEC-2053
        3.67%
        Total54.00%
        See All Holdings
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