About MANULIFE DIVIDEND INCOME FUND ETF SER
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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 primarily invests in Canadian dividend-paying stocks, REITs, and royalty trusts, and may allocate up to 49% of its assets to foreign securities, including those from China. It seeks to provide income and long-term capital appreciation by selecting securities through a fundamental, value-based approach. The Fund evaluates companies based on profit margins, financial strength, and reinvestment potential, and weights securities according to their valuation and income prospects. It may also use derivatives and hold cash or short-term securities for risk management and liquidity. The overall strategy aims to achieve a balance of income and growth by focusing on attractively priced, fundamentally strong securities.
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.
MDIF trades at 25.52 CAD today, its price has risen 0.47% in the past 24 hours. Track more dynamics on MDIF price chart.
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, MDIF 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, MDIF doesn't pay dividends to its holders.
MDIF shares are issued by Manulife Financial Corp.
MDIF 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.