Liquid Alternatives: Mackenzie’s Alternative Enhanced Yield Fund is its Fifth Liquid Alt Offering

https://dailyalts.com/wp-content/uploads/2020/06/signal-813223_640.jpg

The fund offers Canadian investors a consistent yield and stable cash flow through a 5% fixed annual distribution.

Mackenzie Investments launched today the Mackenzie Alternative Enhanced Yield Fund.

The fund generates returns using alternative strategies to build a diversified portfolio. (Markets Insider)

Fund investing methodology

The Mackenzie Alternative Enhanced Yield Fund invests in yield assets using a proprietary combined structured and fundamental approach to portfolio construction. However, it also uses leverage within certain asset classes to generate income, however, keeping a watch on risk. Therefore, the fund actively manages a diversified allocation to contain risk and adapt to fast-changing market conditions.

The fund will be managed by Matthew Cardillo, VP and Portfolio Manager.

Mackenzie’s liquid alternatives

According to Mackenzie Investments, liquid alternatives AUM could grow to $ 100 billion in Canada in the coming years. In May 2018, the firm launched Canada’s first absolute return fund for retail investors.

The Mackenzie Alternative Enhanced Yield Fund is the firm’s fifth fund offering in the liquid alternatives space.

“In the current low-yield environment, investors should consider seeking access to alternative strategies and asset classes that provide higher and more consistent income,” said Michael Schnitman, Senior Vice President and Head of Alternative Investments. “Mackenzie Alternative Enhanced Yield Fund can complement an income-focused balanced portfolio as it aims to achieve a higher yield while providing investors with increased diversification and potentially lower total portfolio volatility.”

Moreover, Mackenzie’s Accessible Alternatives is the firm’s mission to democratize alternatives by making them accessible and to help achieve better outcomes over the long-term.

The asset manager had $138.4 billion in assets under management as of May 31, 2020.

Related Story:     Wilshire Liquid Index Returns 1.54% in May 

Free Industry News

Subscribe to our free newsletter for updates and news about alternatives investments.

  • This field is for validation purposes and should be left unchanged.


Shape

Latest Alternative Investment News

https://dailyalts.com/wp-content/uploads/2023/02/the-eleventh-hour-gfac76b1a4_640.png
Alternative Investments/ESG: Six New Responsible Funds Flag Off Morgan Stanley’s ETF Platform

Morgan Stanley Investment Management (MSIM) has launched its ETF platform with six Calvert ETFs listed on NYSE Arca. The ETFs feature Calvert’s responsible investing approach and offer access to four…

https://dailyalts.com/wp-content/uploads/2023/02/adi-goldstein-i3gs_IIyvuI-unsplash.jpg
Artificial Intelligence: MusicLM, A New Generative AI Tool From Google, Creates Music From Text
February 2, 2023     Artificial Intelligence, News

Google (NASDAQ: GOOGL) recently published a research paper on its new AI tool, MusicLM, designed to create music. The tool is based on machine learning and is trained on vast…

https://dailyalts.com/wp-content/uploads/2023/02/augmented-reality-g86922a9f7_640.jpg
Artificial Intelligence: Snap Mulling AR Glasses Powered By Generative AI
February 2, 2023     Artificial Intelligence, News

Snap (NYSE: SNAP), the parent company of Snapchat, has hinted at future AR glasses powered by generative AI technology. CEO Evan Spiegel stated that AI will be critical to the…

https://dailyalts.com/wp-content/uploads/2023/02/94280bca-3fa2-430a-a5cd-2b2b997f622b.png
Digital Assets: Binance And Mastercard Launch Prepaid Crypto Card In Brazil
February 1, 2023     Digital Assets, News

Binance and Mastercard (NYSE: MA) have jointly launched the Binance Card in Brazil, allowing Binance users in the country to make purchases and pay bills with cryptocurrencies like bitcoin and…