Key stats
About MANULIFE SMART CORE BD ETF COM UNIT
Expense ratio
0.24%
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Inception date
Nov 25, 2020
The fund actively and primarily invests in a portfolio of investment-grade government debt securities from Canada. In seeking to earn the highest level of income, the fund holds fixed income securities issued by the Canadian federal, provincial or municipal governments. Since the fund is actively managed, allocation and maturity is at the discretion of the manager who uses a systematic value-added strategy to distribute the funds assets across a variety of sectors, credit quality and yield. To help preserve the capital, the fund may also hold high-yield fixed income securities and invest no more than 30% in foreign securities. The fund is designed for investors with a low risk appetite who are seeking steady and high cash flow from a diversified portfolio delivering efficient exposure to the potential of Canadian government debt obligations.
Classification
What's in the fund
Exposure type
Corporate
Bonds, Cash & Other100.00%
Corporate90.10%
Securitized7.60%
Miscellaneous2.18%
Cash0.12%