TORONTO--(BUSINESS WIRE)--Today, NEO welcomes Mackenzie Investments (“Mackenzie”) back to the NEO Exchange, with the launch of the Mackenzie Corporate Knights Global 100 Index ETF. The fund begins trading today under the symbol MCKG.
The ETF seeks to replicate the performance of the Corporate Knights Global 100 Index (“the Index”). The securities contained within include equity securities of issuers from anywhere in the world, selected based on an evaluation of sustainability characteristics using criteria developed and maintained by the Index Provider.
“The launch of Mackenzie Corporate Knights Global 100 Index ETF on the NEO Exchange is a proud occasion for Mackenzie,” said Luke Gould, President and CEO, Mackenzie Investments. “NEO is not only a champion of the Canadian ETF industry, it also shares our values of actively working toward a better tomorrow. We’re particularly excited to launch this new offering during Earth Week. This year’s theme is ‘Invest in our Planet’ and this ETF enhances the ability of Canadians to invest in global companies that are leading the way in sustainable business practices.”
MCKG joins 8 other Mackenzie ETFs, listed on the NEO Exchange, all of which can be traded through the usual investment channels, including discount brokerage platforms and full-service dealers.
“We are thrilled about Mackenzie’s return to the NEO Exchange, particularly through the launch of a sustainable investment ETF which aligns so well with our focus on the purpose-driven Innovation Economy,” said Jos Schmitt, President and CEO of the NEO Exchange, and SVP of Global Listings for Cboe Global Markets. “It’s an honour to serve as the listing exchange of choice for an organization that shares our commitment to shaping a better future, and we will continue to support Mackenzie as an advocate and innovator within the Canadian ETF industry.”
The NEO Exchange is home to over 260 unique listings, including ETFs from Canada’s largest ETF issuers, Canadian Depositary Receipts (CDRs), and some of the most innovative Canadian and international growth companies. NEO consistently facilitates close to 20% of all volume traded in Canadian ETFs and between 10% and 15% of all volume traded in Canadian-listed companies.
About the NEO Exchange
The NEO Exchange is Canada’s Tier 1 stock exchange for the innovation economy, bringing together investors and capital raisers within a fair, liquid, efficient, and service-oriented environment. Fully operational since 2015 and acquired by Cboe Global Markets in 2022, NEO provides access to trading across all Canadian-listed securities on a level playing field. NEO lists companies and investment products seeking an internationally recognized stock exchange that enables investor trust, quality liquidity, and broad awareness including unfettered access to market data.
NEO also powers the Canadian ETF Market, a user-friendly platform providing investors and advisors with one-stop access to ETF research and analysis. Real-time, institutional-grade data allows users to compare, contrast, and explore the entire universe of 1,200+ Canadian ETFs, free of charge.
About Mackenzie Investments
Mackenzie Investments is a leading investment management firm with $194 billion in assets under management as of March 31, 2023. Mackenzie provides investment solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, Mackenzie is a global asset manager with offices across Canada as well as in Boston, Dublin, London, Hong Kong and Beijing. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), one of Canada's premier financial services companies with approximately $260 billion in total assets under management and advisement as of March 31, 2023.