Overview

Quick Facts

Ticker

CDIV

Daily Prices

$11.0617
-0.98% (-$0.11)
March 04, 2021

Summary Stats

Listing Date 2020-11-25
AUM $4.15 M
Mgmt. Fee 0.25%

Investment Objective

CDIV seeks to provide a steady flow of income and long-term capital appreciation by investing primarily in a diversified portfolio of Canadian dividend paying securities.

ETF Characteristics 1

Price to Book (P/B) 1.59
Price to Earnings (P/E) 15.57
Average Market Cap $20.79 B
Dividend Yield 4.91%
Units Outstanding 375000
Number of Holdings 60
Risk Rating Medium

Why Invest

An important asset class

CDIV invests in dividend-paying companies in Canada. Investing in dividend-paying companies continues to be an important contributor to total returns and a way to generate income. As investors continue to look for sustainable sources of income in a low interest rate environment, incorporating dividend-payers could be an appropriate portfolio addition.

Efficient investment management

CDIV’s efficient quantitative approach focuses on companies that pay a consistent and growing dividend over time – not just the highest dividend payers in the market. Their approach screens out companies across market capitalizations, sectors and industries. The portfolio managers also optimize the holding’s weights in the portfolio through their research. As a result, CDIV portfolio allocations to different companies will often look very different than the broad Canadian stock indices. This combination of portfolio management techniques also helps to keep costs lower.

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 99.99
United States 0.01

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 %
Financials 20.60
Materials 16.78
Energy 13.88
Real Estate 9.64
Consumer Staples 9.55
Communication Services 8.91
Utilities 6.93
Industrials 6.66
Consumer Discretionary 4.87
Other 2.19

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 %
Equities 99.30
Cash 0.70
Currency 0.01

Top 10 Holdings (%) 2

Name Ticker ISIN Weight %
Labrador Iron Ore Royalty Corporation LIF CA5054401073 7.36
Enbridge Inc. ENB CA29250N1050 5.65
Power Corporation of Canada POW CA7392391016 5.18
Laurentian Bank of Canada LB CA51925D1069 5.16
Great-West Lifeco Inc. GWO CA39138C1068 5.12
BCE Inc. BCE CA05534B7604 4.74
North West Company Inc. (The) NWC CA6632782083 4.67
Pembina Pipeline Corporation PPL CA7063271034 3.91
Hydro One Limited H CA4488112083 3.83
RioCan Real Estate Investment Trust REI-U CA7669101031 3.73
Intertape Polymer Group Inc. ITP CA4609191032 3.66
TC Energy Corporation TRP CA87807B1076 3.21
Cascades Inc. CAS CA1469001053 2.98
IGM Financial Inc. IGM CA4495861060 2.31
Choice Properties Real Estate Investment Trust CHP-U CA17039A1066 1.80
Lundin Mining Corporation LUN CA5503721063 1.23
Magna International Inc. MG CA5592224011 1.10
Canadian Natural Resources Limited CNQ CA1363851017 1.10
Dollarama Inc. DOL CA25675T1075 1.10
TFI International Inc. TFII CA87241L1094 1.07
Sleep Country Canada Holdings Inc. ZZZ CA83125J1049 1.06
Finning International Inc. FTT CA3180714048 1.05
Stantec Inc. STN CA85472N1096 1.05
WSP Global Inc. WSP CA92938W2022 0.99
Bank of Nova Scotia (The) BNS CA0641491075 0.97
Manulife Financial Corporation MFC CA56501R1064 0.96
Cogeco Communications Inc. CCA CA19239C1068 0.95
Agnico Eagle Mines Limited AEM CA0084741085 0.93
Premium Brands Holdings Corporation PBH CA74061A1084 0.90
Canadian Imperial Bank of Commerce CM CA1360691010 0.89
Badger Daylighting Ltd. BAD CA05651W2094 0.88
SmartCentres Real Estate Investment Trust SRU-U CA83179X1087 0.86
Saputo Inc. SAP CA8029121057 0.85
TELUS Corporation T CA87971M1032 0.85
Thomson Reuters Corporation TRI CA8849037095 0.83
Summit Industrial Income REIT SMU-U CA8661201167 0.83
Allied Properties Real Estate Investment Trust AP-U CA0194561027 0.83
George Weston Limited WN CA9611485090 0.83
Restaurant Brands International Inc. QSR CA76131D1033 0.82
Dream Industrial Real Estate Investment Trust DIR-U CA26153W1095 0.82
Open Text Corporation OTEX CA6837151068 0.81
Loblaw Companies Limited L CA5394811015 0.80
Quebecor Inc., Class "B" SV QBR/B CA7481932084 0.80
Canadian Tire Corporation Limited, Class "A" NV CTC/A CA1366812024 0.80
Northland Power Inc. NPI CA6665111002 0.80
Shaw Communications Inc., Class "B" NV SJR/B CA82028K2002 0.80
Maple Leaf Foods Inc. MFI CA5649051078 0.79
ATCO Limited, Class "I" ACO/X CA0467894006 0.79
Granite Real Estate Investment Trust GRT-U CA3874371147 0.78
Canadian National Railway Company CNR CA1363751027 0.78
Rogers Communications Inc., Class "B" RCI/B CA7751092007 0.77
Canadian Utilities Limited, Class "A" CU CA1367178326 0.76
Fortis Inc. FTS CA3495531079 0.75
METRO Inc. MRU CA59162N1096 0.71
CASH - BASE CASH 0.70
Enghouse Systems Limited ENGH CA2929491041 0.68
Barrick Gold Corporation ABX CA0679011084 0.62
Sun Life Financial Inc. SLF CA8667961053 0.01
United States Dollar 0.01

Management

Picture of Brett Hryb.
Brett Hryb Manulife Investment Management LP*
Investing since 1993
Picture of Ashikhusein Shahpurwala.
Ashikhusein Shahpurwala Manulife Investment Management LP*
Investing since 1999
Picture of Boncana Maiga.
Boncana Maiga Manulife Investment Management LP*
Investing since 2004