NEO welcomes Mackenzie Investments (“Mackenzie”) back to the NEO Exchange for the launch of the Mackenzie Corporate Knights Global 100 Index ETF. The fund began trading from yesterday under the ticker symbol MCKG.
The ETF seeks to replicate the performance of the Corporate Knights Global 100 Index (the “Index”). ETF securities include equity securities of issuers worldwide, selected based on an assessment of sustainability characteristics using criteria developed and maintained by the Index provider.
“The launch of the Mackenzie Corporate Knights Global 100 Index ETF on the NEO Exchange is a proud moment 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 towards a better future. We are especially excited to launch this new offer during Earth Week. This year’s theme is “Investing in Our Planet,” and this ETF enhances Canadians’ ability to invest in global companies that are leading the way in sustainable business practices.
The MCKG joins eight other Mackenzie ETFs listed on the NEO Exchange, all of which are tradeable through regular investment channels, including discount brokerage platforms and full-service brokers.
“We are delighted to have Mackenzie back on the NEO Exchange, especially as we launch a sustainable investing ETF, which aligns so well with our focus on the innovation economy”, says Jos Schmitt, President and CEO of the NEO Exchange, and Senior Vice President of global listings at Cboe Global Markets. “It is an honor to be the platform of choice for a company 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 has over 260 unique listings, including ETFs from Canada’s largest ETF issuers, Canadian Depositary Receipts of Foreign Shares (CCAE), and some of the most innovative Canadian and international growth companies. NEO manages nearly 20% of the total volume traded in Canadian ETFs and between 10% and 15% of the total volume traded in Canadian-listed companies.
Some interesting reads on financial services and investments:
UST announces its continued growth and success in banking and financial services
Ooredoo business partners with My Rateb to introduce mobile financial services
TSFE and B Investments co-invest in Egypt’s healthcare sector
