Mackenzie Floating Rate Income ETF (MFT)

Mackenzie Floating Rate Income ETF (MFT $15.67)
- $15.67 P/E (TTM): 90.29X Cap: $349M
- View MFT Profile
- View Questions on MFT

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iShares S&P/TSX Canadian Preferred Share Index ETF (CPD $13.76)
- $13.76 P/E (TTM): 6.96X Cap: $1.05B
- View CPD Profile
- View Questions on CPD
BMO Covered Call Canadian Banks ETF (ZWB $25.72)
- $25.72 P/E (TTM): 11.7X
- View ZWB Profile
- View Questions on ZWB
BMO Covered Call Utilities ETF (ZWU $11.51)
- $11.51 P/E (TTM): 18.74X Cap: $2.05B
- View ZWU Profile
- View Questions on ZWU
iShares Convertible Bond Index ETF (CVD $18.40)
- $18.40 P/E (TTM): 36.5X Cap: $115M
- View CVD Profile
- View Questions on CVD
BMO Canadian High Dividend Covered Call ETF (ZWC $21.13)
- $21.13 P/E (TTM): 12.59X Cap: $2.03B
- View ZWC Profile
- View Questions on ZWC
Mackenzie Floating Rate Income ETF (MFT $15.67)
- $15.67 P/E (TTM): 90.29X Cap: $349M
- View MFT Profile
- View Questions on MFT
Harvest Tech Achievers Growth & Income ETF (HTA $18.32)
- $18.32 P/E (TTM): 32.54X Cap: $663M
- View HTA Profile
- View Questions on HTA
Global X Canadian Oil and Gas Equity Covered Call ETF (ENCC $11.28)
- $11.28 P/E (TTM): 6.67X Cap: $729M
- View ENCC Profile
- View Questions on ENCC

Q: Hello 5i team,
In several recent reports you recommended selling the full position in CPD, noting “better opportunities.” I also noticed that CVD and MFT were removed from your model portfolios earlier.
Given this shift away from preferred-share ETFs, do you think a combination of ZWU, ENCC, ZWB, and HTA would serve as a reasonably balanced substitute for a moderate‑risk, slightly income‑oriented allocation? Or would you suggest broader diversification?
Thank you for your insights!

Read Answer Asked by Borys on January 22, 2026

Mackenzie Floating Rate Income ETF (MFT $15.67)
- $15.67 P/E (TTM): 90.29X Cap: $349M
- View MFT Profile
- View Questions on MFT

Q: Hello
There seems to be interest in this ETF here and on BNN market call.

The price chart now being at pandemic low price catches my attention

I tried to access manager commentary but it was locked. Are you able to comment on what has driven such a poor price performance and whether the financial environment we are entering in the USA is favourable for this ETF?

We’d all like 9% yield but a waste of time if the price drops more.

Any thoughts?

Thanks
Dave

Read Answer Asked by David on January 21, 2025

Mackenzie Floating Rate Income ETF (MFT $15.67)
- $15.67 P/E (TTM): 90.29X Cap: $349M
- View MFT Profile
- View Questions on MFT

Q: I have held this for years, down 20%. Is the 9.44% yield a red flag?

Read Answer Asked by Peter on January 07, 2025