The rules-based emerging markets equity exchange-traded fund (ETF) is the fourth fund from the Modus Systematic range.

Mackenzie Investments has launched the Mackenzie Modus Emerging Markets Equity exchange traded fund (ETF) (MMEM) on the Toronto Stock Exchange, expanding its range of systematic investment products. The initial offering of MMEM has closed and the fund began trading on the Toronto Stock Exchange  Managed by the Mackenzie Multi-Asset Strategies Team, the ETF aims to deliver long-term capital growth by investing mainly in equities issued by mid and large-cap companies in emerging markets.