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About MANULIFE INVESTMENT EXCHANGE FUNDS ETF SERIES SHARES
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Inception date
May 21, 2025
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Manulife Investment Management Ltd.
The fund seeks long-term capital appreciation through investments in the Canadian equity market. It is a multi-sector portfolio targeting Canadian companies with sustainable business models, predictable cash flows, and growing dividends. The fund may also hold foreign securities but is limited to only 10% of its assets. It may also hold securities of other funds in seeking to achieve its investment objectives. The fund utilizes a fundamental, bottom-up investment approach, factoring in the magnitude and volatility of a companys earnings, competitive advantages, products and other performance drivers in its selection process. Due to its active management style, investment decisions are at the discretion of the adviser. The fund may also use derivatives for hedging purposes, hold cash or short-term money market securities for administrative purposes, and enter lending agreements for additional income.
Classification
Related funds
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.
MCAN trades at 10.19 CAD today, its price has risen 0.20% in the past 24 hours. Track more dynamics on MCAN price chart.
MCAN net asset value is 10.17 today — it's risen 0.49% 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.
MCAN assets under management is 1.27 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.
MCAN fund flows account for 0.00 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.
No, MCAN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
No, MCAN doesn't pay dividends to its holders.
MCAN trades at a premium (0.19%).
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.
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.
MCAN shares are issued by Manulife Financial Corp.
MCAN 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 May 21, 2025.
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.