Mackenzie US Government Long Bond Index ETF Trust Unit (QTLT.TO) Price

The ISIN of Mackenzie US Government Long Bond Index ETF Trust Unit is CA55454Q1072.

Mackenzie US Government Long Bond Index ETF Trust Unit aims to deliver 1 times the daily return of US (long). The leverage resets each trading day, so multi-day returns can differ materially from 1X the underlying's cumulative return.

Volatility decay (also called compounding drag) occurs because Mackenzie US Government Long Bond Index ETF Trust Unit rebalances daily. In choppy, sideways markets the cumulative return can significantly trail 1X the underlying's period return — even if the underlying ends flat. The effect intensifies with higher leverage factors and longer holding periods.

Leveraged ETFs like Mackenzie US Government Long Bond Index ETF Trust Unit are designed for short-term, tactical trading — typically intraday or a few days. Holding them for weeks or months exposes investors to compounding risk and potential tracking deviation. Most issuers explicitly recommend against long-term holding.

Mackenzie US Government Long Bond Index ETF Trust Unit provides 1X daily long exposure to US. When US moves +1% in a day, Mackenzie US Government Long Bond Index ETF Trust Unit targets approximately 1% (before fees).

The total expense ratio of Mackenzie US Government Long Bond Index ETF Trust Unit is 0.20%, which means that investors pay 20.00 CAD per 10,000 CAD in investment capital annually.

The ETF is listed in CAD.

European investors may incur additional costs for currency exchange and transaction fees.

No, Mackenzie US Government Long Bond Index ETF Trust Unit does not comply with the EU UCITS investor protection directives.

Mackenzie US Government Long Bond Index ETF Trust Unit tracks the performance of the Solactive U.S. 20+ Year Treasury Bond Index - Benchmark TR Net.

Mackenzie US Government Long Bond Index ETF Trust Unit is domiciled in CA.

The fund was launched on 11/20/2023.

The Mackenzie US Government Long Bond Index ETF Trust Unit mainly invests in Investment Grade companies.

The NAV of Mackenzie US Government Long Bond Index ETF Trust Unit amounts to 98.02 M CAD.

Investments can be made through brokers or financial institutions that provide access to trading ETFs.

The ETF is traded on the stock exchange, similar to stocks.

Yes, the ETF can be held in a regular securities account.

The ETF is suitable for both short-term and long-term investment strategies, depending on the investor's goals.

The ETF is valued on a daily stock exchange basis.

Information on dividends should be requested from the provider's website or your broker.

The risks include market fluctuations, currency risks, and the risk associated with smaller companies.

The ETF is obligated to report regularly and transparently on its investments.

The performance can be viewed on Eulerpool or directly on the provider's website.

Further information can be found on the official website of the provider.