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About Mackenzie Core Resources ETF Trust Unit
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Inception date
Sep 10, 2024
Structure
Canadian Mutual Fund Trust (ON)
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55454B1004
The fund aims to generate alpha by focusing primarily on Canadian equities within the natural resource sectors. Investments typically include smaller and larger capitalization companies across the energy, materials, and precious metals industries. Adopting a company-focused investment approach, the fund prioritizes firms with strong, sustainable free cash flows. Additionally, it integrates ESG factors by favoring subsectors positioned to benefit from positive demand trends while avoiding those with significant environmental or social risks. The fund may also hold cash or short-term debt and invest in other ETFs to maintain liquidity.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Energy Minerals
Non-Energy Minerals
Industrial Services
Stocks92.39%
Energy Minerals32.93%
Non-Energy Minerals30.00%
Industrial Services15.64%
Process Industries8.82%
Producer Manufacturing1.70%
Distribution Services1.45%
Retail Trade0.99%
Utilities0.76%
Commercial Services0.09%
Bonds, Cash & Other7.61%
Rights & Warrants4.53%
Cash2.31%
ETF0.77%
Stock breakdown by region
North America83.57%
Europe15.31%
Oceania0.79%
Latin America0.33%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
MORE invests in stocks. The fund's major sectors are Energy Minerals, with 32.93% stocks, and Non-Energy Minerals, with 30.00% of the basket. The assets are mostly located in the North America region.
MORE top holdings are TC Energy Corporation and Barrick Mining Corporation, occupying 5.10% and 4.58% of the portfolio correspondingly.
MORE last dividends amounted to 0.17 CAD. Before that, the issuer paid 0.06 CAD in dividends, which shows a 65.18% increase.
MORE assets under management is 35.23 M CAD. It's risen 8.97% over the last month.
MORE fund flows account for 24.45 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.
MORE shares are issued by Power Corp. of Canada under the brand Mackenzie. The ETF was launched on Sep 10, 2024, and its management style is Active.
MORE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MORE invests in stocks.
MORE price has risen by 10.05% over the last month, and its yearly performance shows a 32.13% increase. See more dynamics on MORE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.38% over the last month, showed a 12.49% increase in three-month performance and has increased by 22.84% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.38% over the last month, showed a 12.49% increase in three-month performance and has increased by 22.84% in a year.
MORE trades at a premium (0.05%) meaning the ETF is trading at a higher price than the calculated NAV.