Overview

Quick Facts

Ticker

BSKT

Daily 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.

Geographic Allocation pie chart.
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.

Sector Allocation pie chart.
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.

Asset Allocation pie chart.
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

Picture of Jean-Francois Giroux.
Jean-Francois Giroux Manulife Investment Management LP*
Investing since 2001
Picture of Sonia Chatigny.
Sonia Chatigny Manulife Investment Management LP*
Investing since 1996
Picture of Nadia Live.
Nadia Live Manulife Investment Management LP*
Investing since 1998
Picture of Nicholas Scipio del Camp.
Nicholas Scipio del Camp Manulife Investment Management LP*
Investing since 2005
Picture of Christina Somers.
Christina Somers Manulife Investment Management LP*
Investing since 2001