MANULIFE INVESTMENT MANAGEMENT LTD SMART DEFENSIVE EQUITY ETFMM

MANULIFE INVESTMENT MANAGEMENT LTD SMART DEFENSIVE EQUITY ETF

12.36CADD
−0.08−0.64%
At close at 21:13 GMT
CAD
No trades
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Key stats


Assets under management (AUM)
‪4.67 M‬CAD
Fund flows (1Y)
‪2.96 M‬CAD
Dividend yield (indicated)
1.70%
Discount/Premium to NAV
0.4%
Shares outstanding
‪375.00 K‬
Expense ratio
0.36%

About MANULIFE INVESTMENT MANAGEMENT LTD SMART DEFENSIVE EQUITY ETF


Brand
Manulife
Inception date
Nov 10, 2021
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Manulife Investment Management Ltd.
The fund aims for long-term capital appreciation by targeting Canadian stocks perceived to have lower sensitivity to market changes. Using a proprietary defensive screen, the fund manager selects securities deemed to be less market sensitive. The portfolio is then optimized by proportionally allocating more to securities that are perceived to have higher potential risk-adjusted returns. As an actively managed ETF, the fund manager can analyze market and financial data to make buy, sell, and hold decisions at their discretion, such as securities lending, use of derivatives, etc.

Classification


Asset Class
Equity
Category
Size and style
Focus
Total market
Niche
Broad-based
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
StocksBonds, Cash & Other
Finance
Industrial Services
Retail Trade
Stock breakdown by region
100%
Top 10 holdings
Symbol
Assets
Symbol
Assets
F
Fairfax Financial Holdings LimitedFFH
2.53%
L
Loblaw Companies LimitedL
2.52%
F
Franco-Nevada CorporationFNV
2.51%
F
Fortis Inc.FTS
2.51%
M
Metro Inc.MRU
2.50%
C
Canadian Pacific Kansas City LimitedCP
2.50%
C
Canadian National Railway CompanyCNR
2.49%
S
Sun Life Financial Inc.SLF
2.49%
D
Dollarama Inc.DOL
2.49%
N
National Bank of CanadaNA
2.49%
Top 10 weight25.03%
66 total holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CDEF trades at 12.36 CAD today, its price has fallen −0.64% in the past 24 hours. Track more dynamics on CDEF price chart.
CDEF net asset value is 12.39 today — it's risen 0.59% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CDEF assets under management is ‪4.64 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CDEF price has risen by 1.06% over the last month, and its yearly performance shows a 17.94% increase. See more dynamics on CDEF price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.59% over the last month, showed a 5.63% increase in three-month performance and has increased by 20.46% in a year.
CDEF fund flows account for ‪2.96 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CDEF invests in stocks. See more details in our Analysis section.
CDEF expense ratio is 0.36%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CDEF isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CDEF technical analysis shows the neutral rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CDEF shows the buy signal. See more of CDEF technicals for a more comprehensive analysis.
Yes, CDEF pays dividends to its holders with the dividend yield of 1.70%.
CDEF trades at a premium (0.37%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CDEF shares are issued by Manulife Financial Corp.
CDEF follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 10, 2021.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.