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MGRW

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1d
1w
1m

Analysis and statistics

  • Open
    31.5456$
  • Previous Close
    31.5456$
  • 52 Week Change
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  • Day Range
    0.00$
  • 52 Week High/Low
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  • Dividend Per Share
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  • Market cap
    --$
  • EPS
    --
  • Beta
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  • Volume
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About

MGRW.TO is the ticker symbol for the Mackenzie Global Leadership Impact ETF, a Canadian-listed exchange-traded fund (ETF). This ETF aims to provide long-term capital appreciation by investing primarily in equity securities of companies worldwide that demonstrate leadership in Environmental, Social, and Governance (ESG) factors, as well as positive social impact. It focuses on companies contributing towards solutions for global challenges like climate change, resource scarcity, and social inequalities. Investors should consult the fund's prospectus for full details on its investment objectives, strategies, and risk factors.
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Factors

Fund Performance: The underlying companies' growth and profitability directly impact the ETF's value.

Market Sentiment: Overall investor optimism or pessimism towards growth stocks influences demand.

Interest Rates: Rising rates can make growth stocks less attractive, decreasing the ETF price.

Economic Growth: Strong economic growth often supports higher valuations for growth companies.

Sector Trends: The performance of sectors represented in the ETF portfolio will affect its price.

Currency Fluctuations: Changes in the Canadian dollar value relative to other currencies influence returns.

ETF Supply and Demand: Higher demand than supply will increase the price and vice-versa.

Management Fees and Expenses: Higher expenses reduce the net return and thus affect the attractiveness.

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