Mackenzie Global Equity & Gold Overlay ETFTSX: MGEG

Mackenzie Investments expands ETF lineup with global equity gold overlay and systematic multi-factor solutions

· Issued by Mackenzie Global Equity & Gold Overlay ETF via CNW

Summary by 6ix AI

Mackenzie Investments, a Canadian investment management firm, launched four new exchange-traded funds (ETFs, funds that trade on a stock exchange). Their initial offerings have closed, and they begin trading on the Toronto Stock Exchange on October 1, 2026. Three carry Mackenzie Modus, a new brand for the firm's systematic (rules-based) investment strategies.

Key details

  • Mackenzie Global Equity & Gold Overlay ETF (ticker MGEG), management fee 1.15%, is an alternative mutual fund. It combines an actively managed global equity allocation with a strategic 50% notional gold futures overlay, which gives gold exposure through futures contracts rather than by holding gold.
  • The Modus funds are Mackenzie Modus Global Equity ETF (MMGL) and Mackenzie Modus International Equity ETF (MMEA), each with a 0.55% management fee, and Mackenzie Modus Global Small-Mid Cap Equity ETF (MMSD), with a 0.60% fee.
  • Each Modus ETF uses a defined, repeatable process instead of manager judgment. It targets four factors: value, momentum, quality and low volatility. It also seeks to minimize exposure to uncompensated factors such as size, liquidity, country and sector biases.
  • MMGL invests primarily in mid and large cap companies globally, and MMSD in small and mid-cap companies globally. MMEA focuses on mid and large cap companies in developed markets outside the U.S. and Canada.
  • The four ETFs are managed by the Mackenzie Multi-Asset Strategies Team.

6ix AI wrote this summary from the release below and checked it against the release.

Mackenzie Investments expands ETF lineup with global equity gold overlay and systematic multi-factor solutions

Canada NewsWire

  • Mackenzie Global Equity & Gold Overlay ETF combines diversified exposure to global equities with a gold futures overlay
  • Mackenzie Modus Systematic ETF line-up offers rules-based, multi-factor equity exposure across global, international, and global small-mid cap markets

TORONTO, Oct. 1, 2026 /CNW/ -- Mackenzie Investments ("Mackenzie") today announced the launch of four new exchange-traded funds ("ETFs"), listed below. Managed by the Mackenzie Multi-Asset Strategies Team, the ETFs seek to deliver innovative solutions that combine systematic factor investing with a differentiated approach helping investors construct diversified portfolios across global markets. Three of the four ETFs are the first to carry Mackenzie Modus, a new brand for the firm's systematic investment strategies.

Mackenzie Investments Logo

ETF name

TSX symbol

Management fee

Mackenzie Global Equity & Gold Overlay ETF

MGEG

1.15 %

Mackenzie Modus Global Equity ETF

MMGL

0.55 %

Mackenzie Modus International Equity ETF

MMEA

0.55 %

Mackenzie Modus Global Small-Mid Cap Equity ETF

MMSD

0.60 %

Mackenzie Global Equity & Gold Overlay ETF (TSX: MGEG)

MGEG is an alternative mutual fund that combines an actively managed global equity allocation with a strategic 50% notional gold futures overlay in a single ETF. As global equity markets have become increasingly concentrated in U.S. equities, portfolios may also carry greater exposure to common U.S. market and currency drivers. Gold has historically exhibited different return drivers than global equities, while also demonstrating a negative historical relationship with the U.S. dollar, providing diversification.

"By implementing the gold allocation through futures, MGEG maintains full global equity exposure while adding strategic gold exposure in a capital-efficient structure," said Kristi Ashcroft, Executive Vice President, Products and Solutions, Mackenzie Investments. "Investors gain access to the diversification benefits of gold without having to reduce their allocation to global equities."

Mackenzie Modus Global Equity ETF (TSX: MMGL), Mackenzie Modus International Equity ETF (TSX: MMEA) and Mackenzie Modus Global Small-Mid Cap Equity ETF (TSX: MMSD)

Mackenzie Modus is the firm's new brand for a suite of rule-based factor investing strategies. Each Modus ETF systematically targets four established sources of return, value, momentum, quality and low volatility, using a defined and repeatable investment process, rather than relying on manager judgment. Each ETF holds a diversified portfolio built on those four factors while seeking to minimize exposure to uncompensated factors such as size, liquidity, country and sector biases.

MMGL invests primarily in mid and large cap companies globally, while MMSD invests in small and mid-cap companies globally. MMEA focuses on mid and large cap companies across developed markets outside the U.S. and Canada.

The initial offerings of the ETFs have closed, and they will begin trading today on the Toronto Stock Exchange under their respective ticker symbols.

For more information on Mackenzie's investment solutions, please visit mackenzieinvestments.com.

Commissions, management fees, brokerage fees and expenses may all be associated with Exchange Traded Funds.  Please read the prospectus before investing.  Exchange Traded Funds are not guaranteed, their values change frequently and past performance may not be repeated.

About Mackenzie Investments

Mackenzie Investments ("Mackenzie") is a Canadian investment management firm with approximately $270 billion in assets under management as of August 31, 2026. Mackenzie seeks to create a more invested world by delivering strong investment performance and offering innovative portfolio solutions and related services to more than one million retail and institutional clients through multiple distribution channels. Founded in 1967, it is a global asset manager with offices across Canada as well as in Beijing, Boston, Dublin, Hong Kong and London. Mackenzie is a member of IGM Financial Inc. (TSX: IGM), part of the Power Corporation group of companies and one of Canada's leading diversified wealth and asset management organizations with approximately $346 billion in total assets under management and advisement as of August 31, 2026. For more information, visit mackenzieinvestments.com.

SOURCE Mackenzie Investments

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