MACKENZIE CANADIAN HIGH DIVIDEND YIELD ETF (CAD) MMDC.CA

The Mackenzie Canadian High Dividend Yield ETF is an actively managed Canadian equity‐based strategy that aims to provide high income together with potential for long-term capital growth. The fund invests primarily in Canadian dividend-paying companies (and qualifying ETFs) and supplements this core exposure by writing put and/or call options on some of its equity securities (or indexes) depending on market conditions.

It uses the S&P/TSX Composite High Dividend Index as its benchmark, which selects 50 to 75 stocks from the broader S&P/TSX Composite focused on dividend income. The index is weighted by market capitalization, with individual stock weights capped at 5% and each sector capped at 30%.

The fund is managed by the Mackenzie Multi-Asset Strategies Team and is structured as a Canadian ETF under the "Alternative Strategies" category. It follows a systematic strategy combining dividend equity exposure with a flexible option overlay to enhance yield while balancing growth.