Overview
Quick Facts
Ticker
BSKTDaily Prices
$9.5726
-0.66%
(-$0.06)
March 04, 2021
Summary Stats
| Listing Date | 2020-11-25 |
|---|---|
| AUM | $2.39 M |
| Mgmt. Fee | 0.22% |
Investment Objective
BSKT seeks to earn the highest level of income consistent with the preservation of capital by investing primarily in a diversified portfolio of fixed income securities.
ETF Characteristics
| Average Credit Quality | AA- |
|---|---|
| Current Yield | 2.73% |
| Modified Duration | 8.19 |
| Yield to Maturity | 1.39% |
| Units Outstanding | 250000 |
| Number of Holdings | 91 |
| Risk Rating | Low |
Why Invest
An important asset class
BSKT invests in Canadian investment-grade bonds that often pay higher interest rates than short-term bonds. While they can be more sensitive to interest rate movements, they still provide diversification benefits to a portfolio overall.
Efficient investment management
BSKT’s efficient systematic approach is blended with active management techniques that aim to produce a portfolio with higher yield potential while matching bond market index risk metrics. The portfolio management team uses Manulife Investment Management credit research to inform their decisions to add or remove bonds from the ETF. As a result, BSKT tends to have fewer bonds than the market index and fewer bonds than passive ETFs, while the systematic approach helps to keep costs low.
Performance ±
Performance cannot be shown until one year after the Fund's inception
Portfolio Allocation as of 2021-03-04
Geographic Allocation (%)
Geographic Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.
| Name | Weight % |
|---|---|
| Canada | 100.00 |
Sector Allocation (%)
Sector Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.
| Name | Weight % |
|---|---|
| Provincial | 34.85 |
| Corporate | 28.76 |
| Federal | 17.16 |
| Federal Agency | 11.91 |
| Municipal Bonds | 5.44 |
| Base Cash | 1.87 |
Asset Allocation (%)
Asset Allocation pie chart. See following table for detailed information. The pie slices display the relative value of each table entry.
| Name | Weight % |
|---|---|
| Fixed Income | 98.13 |
| Cash | 1.87 |
Top 10 Holdings (%) 2
| Name | Ticker | ISIN | Weight % |
|---|---|---|---|
| Canada Housing Trust No. 1 - 2.65 - 2022-03-15 | — | CA13509PDB63 | 3.98 |
| Province of Ontario - 2.6 - 2025-06-02 | — | CA68323ACX06 | 3.73 |
| Province of New Brunswick - 2.85 - 2023-06-02 | — | CA642869AF87 | 3.26 |
| Canada Housing Trust No. 1 - 2.55 - 2025-03-15 | — | CA13509PER07 | 3.11 |
| PSP Capital Inc. - 3.29 - 2024-04-04 | — | CA69363TAH55 | 2.89 |
| Government of Canada - 2.0 - 2051-12-01 | — | CA135087H722 | 2.65 |
| Government of Canada - 2.75 - 2022-06-01 | — | CA135087ZU15 | 2.41 |
| Province of Alberta - 2.55 - 2027-06-01 | — | CA013051DW44 | 1.90 |
| CASH - BASE CASH | — | — | 1.87 |
| Canadian Government Bond - 1.25 - 2030-06-01 | — | CA135087K379 | 1.85 |
| Province of Quebec - 5.0 - 2038-12-01 | — | CA74814ZDK62 | 1.82 |
| CPPIB Capital Inc. - 3.0 - 2028-06-15 | — | CA12593CAF82 | 1.73 |
| Province of Newfoundland and Labrador - 3.0 - 2026-06-02 | — | CA651333FV32 | 1.71 |
| Province of Manitoba - 2.55 - 2023-06-02 | — | CA563469UA15 | 1.62 |
| Province of Ontario - 2.85 - 2023-06-02 | — | CA68323ABN33 | 1.58 |
| Province of Alberta - 2.35 - 2025-06-01 | — | CA013051DQ75 | 1.54 |
| H&R Real Estate Investment Trust - 3.369 - 2024-01-30 | — | CA403925AY67 | 1.48 |
| Province of Alberta - 3.5 - 2031-06-01 | — | CA01306ZDF59 | 1.40 |
| Government of Canada - 2.75 - 2048-12-01 | — | CA135087D358 | 1.39 |
| Province of Ontario - 2.7 - 2029-06-02 | — | CA68333ZAE75 | 1.38 |
| Province of New Brunswick - 4.8 - 2039-09-26 | — | CA642866GA97 | 1.36 |
| Province of Ontario - 2.05 - 2030-06-02 | — | CA68333ZAH07 | 1.34 |
| Province of Newfoundland and Labrador - 2.3 - 2025-06-02 | — | CA651333FS03 | 1.31 |
| Province of Quebec - 5.0 - 2041-12-01 | — | CA74814ZEF68 | 1.28 |
| Original Wempi Inc. - 4.309 - 2024-02-13 | — | CA952637AA45 | 1.27 |
| Canadian Government Bond - 5.75 - 2029-06-01 | — | CA135087WL43 | 1.24 |
| Province of Ontario - 4.7 - 2037-06-02 | — | CA683234YD42 | 1.20 |
| 407 International Inc. - 3.43 - 2033-06-01 | — | CA35085ZBP05 | 1.18 |
| Teranet Holdings L.P. - 3.646 - 2022-11-18 | — | CA880789AP70 | 1.17 |
| General Motors Financial of Canada Ltd. - 1.75 - 2026-04-15 | — | CA37045YAG94 | 1.15 |
| PSP Capital Inc. - 2.09 - 2023-11-22 | — | CA69363TAK84 | 1.13 |
| Government of Canada - 3.5 - 2045-12-01 | — | CA135087ZS68 | 1.11 |
| City of Toronto - 3.4 - 2024-05-21 | — | CA891288DJ86 | 1.09 |
| South Coast British Columbia Transportation Author - 3.05 - 2025-06-04 | — | CA83740TAE79 | 1.08 |
| Province of Quebec - 1.9 - 2030-09-01 | — | CA74814ZFG33 | 1.08 |
| Province of Manitoba - 2.45 - 2025-06-02 | — | CA563469UE37 | 1.06 |
| Husky Energy Inc. - 3.55 - 2025-03-12 | — | CA448055AM50 | 1.06 |
| PSP Capital Inc. - 1.73 - 2022-06-21 | — | CA69363TAL67 | 1.02 |
| 407 International Inc. - 2.59 - 2032-05-25 | — | CA35085ZBX39 | 1.01 |
| North West Redwater Partnership/NWR Financing Comp - 4.15 - 2033-06-01 | — | CA663307AJ55 | 1.01 |
| Hydro One Inc. - 4.89 - 2037-03-13 | — | CA44810ZAS98 | 0.99 |
| Province of Alberta - 3.05 - 2048-12-01 | — | CA013051DY00 | 0.95 |
| Province of Ontario - 3.45 - 2045-06-02 | — | CA68323ACC68 | 0.95 |
| City of Toronto - 3.5 - 2036-06-02 | — | CA891288DM16 | 0.94 |
| Canadian Government Bond - 0.25 - 2024-04-01 | — | CA135087L690 | 0.91 |
| Capital Power Corporation - 4.986 - 2026-01-23 | — | CA14046ZAL37 | 0.90 |
| Genworth MI Canada Inc. - 4.242 - 2024-04-01 | — | CA37252BAC69 | 0.90 |
| Teranet Holdings LP - 3.544 - 2025-06-11 | — | CA880789AQ53 | 0.89 |
| Province of Ontario - 4.65 - 2041-06-02 | ONT | CA683234B984 | 0.89 |
| Province of Ontario - 4.6 - 2039-06-02 | — | CA683234ZP62 | 0.87 |
| Union Gas Limited - 5.2 - 2040-07-23 | — | CA90664ZAT71 | 0.86 |
| City of Montreal - 3.5 - 2024-09-01 | — | CA614852NP21 | 0.82 |
| FortisBC Energy Inc. - 6.05 - 2038-02-15 | — | CA88100BAA76 | 0.81 |
| City of Montreal - 3.0 - 2025-09-01 | — | CA614852PH86 | 0.81 |
| Canada Housing Trust No. 1 - 1.15 - 2021-12-15 | — | CA13509PFR97 | 0.80 |
| British Columbia Ferry Services Inc. - 5.581 - 2038-01-11 | — | CA110574AF73 | 0.79 |
| TransCanada PipeLines Limited - 4.18 - 2048-07-03 | — | CA89353ZCC01 | 0.79 |
| TELUS Corporation - 4.85 - 2044-04-05 | — | CA87971MAW34 | 0.78 |
| Hydro One Inc. - 4.17 - 2044-06-06 | — | CA44810ZBN92 | 0.78 |
| CU Inc. - 2.963 - 2049-09-07 | — | CA12657ZBM47 | 0.76 |
| Canadian Pacific Railway Company - 6.45 - 2039-11-17 | — | CA13644ZAX56 | 0.73 |
| City of Toronto - 2.45 - 2025-02-06 | — | CA891288DK59 | 0.70 |
| Province of Newfoundland and Labrador - 3.3 - 2046-10-17 | NF | CA651333FT85 | 0.70 |
| Government of Canada - 0.5 - 2025-09-01 | — | CA135087K940 | 0.70 |
| Province of Quebec - 3.5 - 2045-12-01 | — | CA74814ZER07 | 0.67 |
| Aeroports de Montreal - 3.919 - 2042-09-26 | — | CA007863AH61 | 0.66 |
| Canadian National Railway Company - 3.6 - 2049-02-08 | — | CA136375CT71 | 0.63 |
| Canadian Government Bond - 2.25 - 2029-06-01 | — | CA135087J397 | 0.63 |
| CU Inc. - 3.548 - 2047-11-22 | — | CA12657ZBK80 | 0.62 |
| Canadian Government Bond - 0.5 - 2030-12-01 | — | CA135087L443 | 0.61 |
| EPCOR Utilities Inc. - 3.949 - 2048-11-26 | — | CA29410ZAM73 | 0.57 |
| Nova Scotia Power Inc. - 4.15 - 2042-03-06 | — | CA66988ZBB46 | 0.56 |
| Enbridge Inc. - 4.24 - 2042-08-27 | — | CA29251ZBB28 | 0.56 |
| Shaw Communications Inc. - 2.9 - 2030-12-09 | — | CA82028KBB67 | 0.55 |
| Province of Ontario - 1.35 - 2030-12-02 | — | CA68333ZAN74 | 0.55 |
| Great-West Lifeco Inc. - 2.981 - 2050-07-08 | GWOCN | CA39138CAJ59 | 0.55 |
| Vancouver Airport Authority - 2.8 - 2050-09-21 | — | CA92157WAE71 | 0.55 |
| Bell Canada Inc. - 3.5 - 2050-09-30 | BCE | CA07813ZCD48 | 0.51 |
| Pembina Pipeline Corporation - 4.75 - 2048-03-26 | — | CA70632ZAL54 | 0.49 |
| Canadian Government Bond - 0.25 - 2022-08-01 | — | CA135087L286 | 0.46 |
| AltaLink L.P. - 3.717 - 2046-12-03 | — | CA02135ZAS52 | 0.46 |
| Shaw Communications Inc. - 6.75 - 2039-11-09 | — | CA82028KAQ46 | 0.46 |
| Greater Toronto Airports Authority - 5.63 - 2040-06-07 | — | CA39191ZAW91 | 0.45 |
| PSP Capital Inc. - 0.9 - 2026-06-15 | — | CA69363TAP71 | 0.45 |
| Fairfax Financial Holdings Ltd. - 5.84 - 2022-10-14 | — | CA303901AV45 | 0.45 |
| Province of Ontario - 2.65 - 2050-12-02 | — | CA68333ZAG24 | 0.38 |
| Province of Newfoundland and Labrador - 2.85 - 2029-06-02 | — | CA651333GC42 | 0.35 |
| CI Financial Corp. - 3.759 - 2025-05-26 | — | CA125491AJ93 | 0.35 |
| RioCan Real Estate Investment Trust - 3.287 - 2024-02-12 | — | CA766910AZ63 | 0.35 |
| CI Financial Corp. - 3.215 - 2024-07-22 | — | CA125491AL40 | 0.35 |
| NAV Canada - 2.924 - 2051-09-29 | NAVCAN | CA628957AH53 | 0.32 |
Management
Jean-Francois Giroux
Manulife Investment Management LP*
Investing since 2001
Investing since 2001
Sonia Chatigny
Manulife Investment Management LP*
Investing since 1996
Investing since 1996
Nadia Live
Manulife Investment Management LP*
Investing since 1998
Investing since 1998
Nicholas Scipio del Camp
Manulife Investment Management LP*
Investing since 2005
Investing since 2005
Christina Somers
Manulife Investment Management LP*
Investing since 2001
Investing since 2001