- Mackenzie Investments launched two new ETFs — the Mackenzie GQE US Alpha Extension ETF (TSX:MALX) and the Mackenzie NASDAQ 100 Index ETF (TSX:QQQQ) — now trading on the Toronto Stock Exchange
- It employs a quantitative investment process that strategically combines long and short positions to enhance alpha generation
- MALX uses a quantitative strategy with long and short positions to enhance alpha potential in U.S. equity portfolios, based on the existing Mackenzie GQE US Alpha Extension Fund
- QQQQ tracks the NASDAQ 100 Index, offering Canadian investors diversified exposure to top U.S. tech and growth companies
Mackenzie Investments has officially launched two new exchange traded funds (ETFs) on the Toronto Stock Exchange, offering Canadian investors fresh avenues to tap into the growth potential of U.S. equities. The newly listed funds — the Mackenzie GQE US Alpha Extension ETF (TSX:MALX) and the Mackenzie NASDAQ 100 Index ETF (TSX:QQQQ) — aim to deliver innovative, diversified strategies tailored to today’s dynamic market environment.
This content has been prepared as part of a partnership with Mackenzie Investments and is intended for informational purposes only.
The Mackenzie GQE US Alpha Extension ETF builds on the success of its mutual fund counterpart, the Mackenzie GQE US Alpha Extension Fund. It employs a quantitative investment process that strategically combines long and short positions to enhance alpha generation. This approach is designed to optimize portfolio performance by leveraging broader market opportunities.
Meanwhile, the Mackenzie NASDAQ 100 Index ETF offers investors direct exposure to the NASDAQ 100 Index, which includes the 100 largest and most actively traded companies on the NASDAQ. This ETF is positioned as a gateway to the innovation economy, featuring top-tier firms in technology, healthcare, manufacturing, and other growth sectors.
“This new offering highlights our ability to offer Canadians flexible, efficient investment tools, including ETF options related to tech and growth solutions,” Prerna Mathews, Mackenzie Investments’ VP, ETF Product and Strategy, explained in a news statement. “It provides exposure to high-performing companies from a range of industries, including manufacturing, technology and healthcare and helps diversify and complement portfolios while working to meet a range of investment objectives.”
Both ETFs are now actively trading on the Toronto Stock Exchange, marking a significant step in Mackenzie’s ongoing mission to provide accessible, performance-driven investment solutions. The launch underscores the firm’s commitment to innovation and its responsiveness to evolving investor needs in a globalized market landscape.
For more information, visit mackenzieinvestments.com.
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