Mackenzie Investments marked the launch of four new exchange-traded funds on the Toronto Stock Exchange with a market-open ceremony on October 8, 2026. Among the new listings is the Mackenzie Global Equity and Gold Overlay ETF (TSX: MGEG), alongside three Modus-branded equity funds. The launch expands Mackenzie's ETF lineup as the firm manages approximately $270.5 billion in assets under management, signalling continued product innovation for Canadian retail and institutional investors.

Key Points

  • Mackenzie Investments (TSX: MGEG, MMGL, MMEA, MMSD) launched four new ETFs on the Toronto Stock Exchange
  • The four funds cover global equity with gold overlay, global equity, international equity, and global small- and mid-cap equity strategies
  • Mackenzie reported approximately $270.5 billion in assets under management as of August 31, 2026
  • Investors may be watching early trading volumes and fund flows across the four newly listed ETFs

Four New Mackenzie ETFs Begin Trading on the Toronto Stock Exchange

Prerna Mathews, Vice-President of Product Innovation and Design at Mackenzie, joined Graham MacKenzie, Managing Director of Exchange Traded Products at the Toronto Stock Exchange, to open markets and celebrate the simultaneous launch of four funds. The listings are the Mackenzie Global Equity and Gold Overlay ETF (TSX: MGEG), the Mackenzie Modus Global Equity ETF (TSX: MMGL), the Mackenzie Modus International Equity ETF (TSX: MMEA), and the Mackenzie Modus Global Small Mid Cap Equity ETF (TSX: MMSD). The release did not disclose individual fund expense ratios or initial assets.

Gold Overlay Strategy Sets MGEG Apart From the Modus Suite

The Mackenzie Global Equity and Gold Overlay ETF (TSX: MGEG) is distinct from the three Modus-branded funds by incorporating a gold overlay component alongside a global equity mandate. This structure may appeal to investors seeking diversified equity exposure combined with a commodity hedge within a single listed product. The company did not disclose specific portfolio construction details, benchmark indices, or target gold allocation weightings in the announcement, leaving investors to review prospectus documentation for full strategy parameters.

Mackenzie's Scale and IGM Financial Backing Support ETF Expansion

Founded in 1967, Mackenzie Investments operates as a global asset manager with offices in Canada, Beijing, Boston, Dublin, Hong Kong, and London, serving more than one million retail and institutional clients through multiple distribution channels. The firm is a member of IGM Financial Inc. (TSX: IGM), which reported combined assets under management and advisement of approximately $346.1 billion as of August 31, 2026. Mackenzie is also part of the Power Corporation group of companies. This institutional backing and distribution infrastructure may support the commercial reach of the newly launched ETF suite.