Overview

Quick Facts

Daily Price

$13.35
0.98% ($0.13)
January 18, 2019
7-Day Performance 2.41%
Inception date March 22, 2012
CIFSC category Canadian Focused Equity
AUM1 $3.54 billion
MER 2.29% (as at 2017/12/31, includes HST)

Investment Highlights

The Portfolio Managers use a fundamental, value based investment approach that seeks attractively priced securities that offer the potential for growth and income. Investment analysis is focused on understanding and evaluating the factors that make a company profitable including profit margins, the use of assets, debt levels, revenues and reinvestment opportunities. This effort is complemented by an evaluation of the unique strengths of each business in relation to its competitors. Emphasis is placed on businesses with strong track records of allocating capital.

Why Invest

Managed by the Manulife Value Equity Team all companies are viewed under the same fundamental proprietary lens, using a scalable and repeatable process driven by the team's fundamental beliefs unchanged since the team's founding in 1996. The team's focus is on creating a high returning conglomerate portfolio consisting of diversified businesses to ensure that revenue and earnings come from many different sources. As a result, no single event will have a large negative impact on the portfolio. The fund aims to provide investors with a portfolio of Canadian and U.S. dividend paying diversified businesses, which in aggregate have high and stable profitability, minimal financial leverage and at an attractive valuation. The outcome is a portfolio of securities that together create value at a pace faster than the benchmark. The fund is ideal for clients looking for long term growth and tax efficient monthly income.

Fund Details

Investment style Value
Distribution frequency2 Monthly
Distribution Yield3 1.97%
Management fee 1.83%
Positions 97
Risk Medium
Min. investment $500.00 initial; $25.00 PAC
Sub-advisor Manulife Asset Management Limited
Fund Status Open

Fund Characteristics as of November 30, 2018

Valuation/Growth Portfolio
Active Share 67.33%
Dividend Yield 2.11%
Market Cap ($B)4 $49,590.00

Fund Codes (MMF)

Series FE LL DSC
Advisor Series 4529 4729 4429
Series T6 9579 9779 9479

Performance5

Growth of $10,000 since inception

Jump to Range Total return for this timeframe

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
-6.65 -9.55 -5.91 -4.54 -4.54 7.58 7.98 10.28
1 month -6.65
3 months -9.55
6 months -5.91
YTD -4.54
1 year -4.54
3 years 7.58
5 years 7.98
10 years
Inception 10.28

Calendar Returns (%)

2009 2010 2011 2012 2013 2014 2015 2016 2017 2018
25.19 19.18 -1.07 15.65 12.79 -4.54
2009
2010
2011
2012
2013 25.19
2014 19.18
2015 -1.07
2016 15.65
2017 12.79
2018 -4.54

Portfolio Allocation as of November 30, 2018

Asset Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Equities 93.63
Cash and equivalents 6.34
Fixed income 0.03

Geographic Allocation (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Canada 59.70
United States 36.71
Bermuda 3.58

Sector Allocation (Equities) (%)

See following table for detailed information. The pie slices display the relative value of each table entry.

Industrials 23.26
Financials 20.55
Information technology 13.57
Health care 11.07
Utilities 6.87
Consumer discretionary 5.09
Consumer staples 4.85
Energy 4.72
Real Estate 4.41
Materials 2.81
Telecommunication services 2.80

Top 10 Holdings6 (%)

Name Weight %
Roper Technologies, Inc. 4.03
Thermo Fisher Scientific Inc. 4.02
Toronto-Dominion Bank 4.01
Waste Connections, Inc. 3.98
Gov. of Canada Treasury Bill, 12/13/2018 3.29
TransUnion 3.18
Canadian Pacific Railway Limited 3.10
Open Text Corporation 2.80
Brookfield Infrastructure Partners L.P. 2.49
Visa Inc. 2.44

Distributions

Effective Date Net Asset Value Income Capital Gain Total Distribution Reinvestment Price
2019/01/18 $13.35
2019/01/17 $13.22
2019/01/16 $13.12
2019/01/15 $13.09
2019/01/14 $13.04
2019/01/11 $13.04
2019/01/10 $13.03
2019/01/09 $12.95
2019/01/08 $12.82
2019/01/07 $12.73
2019/01/04 $12.62
2019/01/03 $12.39
2019/01/02 $12.59
2018/12/31 $12.64
2018/12/28 $12.56
2018/12/27 $12.54
2018/12/24 $12.10
2018/12/21 $12.29 0.0009 0.5548 0.5557
2018/12/20 $13.04
2018/12/19 $13.24
2018/12/18 $13.35
2018/12/17 $13.29
2018/12/14 $13.53
2018/12/13 $13.70
2018/12/12 $13.71
2018/12/11 $13.63
2018/12/10 $13.65
2018/12/07 $13.67
2018/12/06 $13.87
2018/12/05 $13.99
2018/12/04 $13.95
2018/12/03 $14.22
2018/11/30 $14.15 0.0250 0.0250
2018/11/29 $14.12
2018/11/28 $14.13
2018/11/27 $13.86
2018/11/26 $13.88
2018/11/23 $13.80
2018/11/22 $13.78
2018/11/21 $13.82
2018/11/20 $13.68
2018/11/19 $13.87
2018/11/16 $14.03
2018/11/15 $13.98
2018/11/14 $13.92
2018/11/13 $14.00
2018/11/12 $14.00
2018/11/09 $14.14
2018/11/08 $14.17
2018/11/07 $14.16
2018/11/06 $14.03
2018/11/05 $13.99
2018/11/02 $13.94
2018/11/01 $13.98
2018/10/31 $13.90
2018/10/30 $13.79
2018/10/29 $13.63
2018/10/26 $13.72 0.0250 0.0250
2018/10/25 $13.81
2018/10/24 $13.74
2018/10/23 $13.95
2018/10/22 $14.08
2018/10/19 $14.08
2018/10/18 $14.06
2018/10/17 $14.21
2018/10/16 $14.22
2018/10/15 $14.00
2018/10/12 $14.05
2018/10/11 $13.92
2018/10/10 $14.06
2018/10/09 $14.37
2018/10/05 $14.46
2018/10/04 $14.48
2018/10/03 $14.56
2018/10/02 $14.60
2018/10/01 $14.64
2018/09/28 $14.66 0.0250 0.0250
2018/09/27 $14.73
2018/09/26 $14.68
2018/09/25 $14.70
2018/09/24 $14.71
2018/09/21 $14.77
2018/09/20 $14.75
2018/09/19 $14.68
2018/09/18 $14.76
2018/09/17 $14.69
2018/09/14 $14.71
2018/09/13 $14.71
2018/09/12 $14.71
2018/09/11 $14.71
2018/09/10 $14.67
2018/09/07 $14.63
2018/09/06 $14.68
2018/09/05 $14.63
2018/09/04 $14.66
2018/08/31 $14.70 0.0250 0.0250
2018/08/30 $14.76
2018/08/29 $14.76
2018/08/28 $14.72
2018/08/27 $14.73
2018/08/24 $14.66
2018/08/23 $14.64
2018/08/22 $14.65
2018/08/21 $14.65
2018/08/20 $14.68
2018/08/17 $14.71
2018/08/16 $14.66
2018/08/15 $14.59
2018/08/14 $14.66
2018/08/13 $14.56
2018/08/10 $14.58
2018/08/09 $14.66
2018/08/08 $14.59
2018/08/07 $14.56
2018/08/03 $14.59
2018/08/02 $14.55
2018/08/01 $14.53
2018/07/31 $14.49
2018/07/30 $14.40
2018/07/27 $14.50 0.0250 0.0250
2018/07/26 $14.61
2018/07/25 $14.59
2018/07/24 $14.47
2018/07/23 $14.51
2018/07/20 $14.53

Management

Conrad Dabiet
Alan Wicks
Chris Hensen
Jonathan Popper

Management Fee Reduction7

Account/Household Value Tiers All Qualifying Investments
$250K+ to $499K 2.5 basis points
$500K+ to $999K 5 basis points
$1M+ to $4.9M 7.5 basis points
$5M+ to $9.9M 10 basis points
$10M+ 12.5 basis points