This Week in Canada ETFs: February 16-20, 2026
Here’s a recap of all the key developments from week 8 of 2026 in Canada’s ETF market.
Here’s a recap of ETF activity across the Canadian market this week, from launches and filings to key structural updates.
Mackenzie Expands Active Lineup Across Styles
Mackenzie Investments introduced four new ETFs designed to translate established mutual fund expertise into scalable ETF solutions. The launches span value, growth and balanced exposures, reinforcing the firm’s focus on active management within diversified portfolios.
The Mackenzie Global Value ETF (MAGV), sub-advised by Barrow Hanley Global Investors, applies a traditional value philosophy across developed and emerging markets. Drawing on more than four decades of experience, the strategy seeks companies trading below intrinsic value with the potential for long-term growth.
Its counterpart, the Mackenzie US Value ETF (MAUV), sub-advised by Putnam Investments, focuses on high-quality U.S. companies with strong cash flows and attractive valuations, targeting pricing inefficiencies across market cycles.
Complementing these value strategies are two portfolio-building solutions aimed at modern asset allocation needs.
The Mackenzie GQE Global Balanced ETF (MBQG) combines global quantitative equity exposure with diversified fixed income allocations, offering a single-ticket balanced approach.
The Mackenzie US All Cap Growth ETF (MAUG), also sub-advised by Putnam, targets U.S. companies with above-average growth potential across sectors including technology, health care, industrials and consumer discretionary.
Russell Investments Strengthens Core Portfolio Tools
Russell Investments Canada Limited also expanded its ETF shelf with five new products spanning fixed income and equity allocations. The launch reflects growing advisor demand for cost-effective core exposures supported by global research and portfolio construction expertise.
Two fixed income ETFs anchor the expansion. The Russell Investments Fallen Angels ETF (HALO) provides exposure to bonds downgraded from investment grade to high yield, a segment often associated with potential price recovery and enhanced yield.
The Russell Investments Core Plus Fixed Income ETF (RBND) combines a diversified active fixed income allocation with dedicated fallen angels exposure, creating a core-plus solution designed to enhance returns while maintaining broad diversification.
On the equity side, Russell introduced three multi-factor strategies covering Canadian, U.S. and international markets. These ETFs bring long-standing multi-factor processes into ETF form, integrating value, momentum, quality and size factors within diversified portfolios.
New Filings
Beyond launches, several new filings signal a robust pipeline of strategies set to reach the Canadian ETF market in the months ahead.
Evolve Funds Group filed a preliminary prospectus for the Evolve All-in-One UltraYield ETF (EASY), which aims to combine diversified global equities with a covered call strategy and modest leverage to generate enhanced income and semi-monthly distributions.
Madison ETFs is preparing to enter Canada with its first listings, targeting U.S. large-cap and mid-cap equities through fundamentally driven strategies.
Meanwhile, Manulife Investments has filed to add an ETF series to its multi-asset credit fund, offering investors access to global credit opportunities through a flexible ETF structure.
Desjardins Investments has also filed two currency-hedged bond ETFs focused on U.S. investment-grade corporates and G7 government bonds, reinforcing continued demand for diversified and hedged fixed income exposures.
Please note this article is for information purposes only and does not in any way constitute investment advice. It is essential that you seek advice from a registered financial professional prior to making any investment decision.
