Overview

Quick Facts

Daily Price

$64.3022
0.50% ($0.32)
January 08, 2026

Summary Stats

Asset Class Canadian Neutral Balanced
Risk Low to Medium
MER 1 2.42%
Net Assets $3.74 B
Inception Date December 26, 2000
Fund Status Closed to deposits and switches-in
Geographic Allocation
A map of Canada.
A map of Canada.

Geographic Allocation

A map of Canada.
A map of Canada.

Growth of $10,000

A chart thumbnail displaying change in value of $10,000 invested in this fund.
A chart thumbnail displaying change in value of $10,000 invested in this fund. 

Underlying Fund

Manulife Monthly High Income Fund

Underlying Fund Manager

Manulife Investment Management Limited

Portfolio Management Team

Manulife Essential Equity Team

Investment Objective

This Balanced Fund aims to provide steady flow of monthly income and capital growth. The Fund invests primarily in Canadian fixed income and large-cap Canadian equity securities. The Fund may also invest in securities of royalty trusts and real estate investment trusts (“REITs”).

Fund Codes

FE BE
MIF219 MIF019
Fund Status Capped Capped
MIF607 MIF707
Fund Status Capped Capped

Series 1 - 100%

FE MIF219 Capped
BE MIF019 Capped

Series 2 - 75% (selected)

FE MIF607 Capped
BE MIF707 Capped
FE BE
Series 1 - 100% MIF219 MIF019
Fund Status Capped Capped
Series 2 - 75% MIF607 MIF707
Fund Status Capped Capped

Performance ±

Growth Chart

Jump to Range
Total return for this timeframe
Growth Chart

Compound Returns (%)

1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
-0.31 0.55 6.56 8.90 8.90 11.32 6.49 5.82 7.05
-0.27 0.66 6.79 9.37 9.37 11.81 6.95 6.29 7.67

Series 1 - 100%

1 month -0.31
3 months 0.55
6 months 6.56
YTD 8.90
1 year 8.90
3 years 11.32
5 years 6.49
10 years 5.82
Inception 7.05

Series 2 - 75%

1 month -0.27
3 months 0.66
6 months 6.79
YTD 9.37
1 year 9.37
3 years 11.81
5 years 6.95
10 years 6.29
Inception 7.67
1 month 3 months 6 months YTD 1 year 3 years 5 years 10 years Inception
Series 1 - 100% -0.31 0.55 6.56 8.90 8.90 11.32 6.49 5.82 7.05
Series 2 - 75% (selected) -0.27 0.66 6.79 9.37 9.37 11.81 6.95 6.29 7.67

Calendar Returns (%)

2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
11.30 18.00 18.23 11.90 5.44 3.70 -21.46 21.56 7.92 0.69 6.76 15.01 15.56 -0.74 4.89 9.72 -6.48 12.90 5.85 12.49 -11.77 7.85 17.48 8.90
17.29 11.77 18.51 18.76 12.36 5.89 4.15 -21.13 22.07 8.37 1.10 7.20 15.50 16.06 -0.30 5.34 10.20 -6.07 13.39 6.31 12.99 -11.38 8.32 17.99 9.37

Series 1 - 100%

2000
2001
2002 11.30
2003 18.00
2004 18.23
2005 11.90
2006 5.44
2007 3.70
2008 -21.46
2009 21.56
2010 7.92
2011 0.69
2012 6.76
2013 15.01
2014 15.56
2015 -0.74
2016 4.89
2017 9.72
2018 -6.48
2019 12.90
2020 5.85
2021 12.49
2022 -11.77
2023 7.85
2024 17.48
2025 8.90

Series 2 - 75%

2000
2001 17.29
2002 11.77
2003 18.51
2004 18.76
2005 12.36
2006 5.89
2007 4.15
2008 -21.13
2009 22.07
2010 8.37
2011 1.10
2012 7.20
2013 15.50
2014 16.06
2015 -0.30
2016 5.34
2017 10.20
2018 -6.07
2019 13.39
2020 6.31
2021 12.99
2022 -11.38
2023 8.32
2024 17.99
2025 9.37
2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
Series 1 - 100% 11.30 18.00 18.23 11.90 5.44 3.70 -21.46 21.56 7.92 0.69 6.76 15.01 15.56 -0.74 4.89 9.72 -6.48 12.90 5.85 12.49 -11.77 7.85 17.48 8.90
Series 2 - 75% (selected) 17.29 11.77 18.51 18.76 12.36 5.89 4.15 -21.13 22.07 8.37 1.10 7.20 15.50 16.06 -0.30 5.34 10.20 -6.07 13.39 6.31 12.99 -11.38 8.32 17.99 9.37

Portfolio Allocation as of November 30, 2025

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 60.57
Fixed income 36.57
Cash and equivalents 2.85

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 73.69
United States 17.29
Ireland 2.47
Switzerland 1.94
France 1.53
United Kingdom 1.31
Netherlands 0.86
Denmark 0.56
Bermuda 0.29
Australia 0.06

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 26.71
Information tech. 24.98
Industrials 12.61
Materials 10.19
Communication serv. 7.13
Energy 6.23
Consumer staples 4.94
Real Estate 2.63
Cons. discrectionary 1.87
Health care 1.55
Utilities 1.16

Fixed Income Allocation (%)

Fixed Income Allocation table combined with a bar chart. The bars are under each row, representing the relative value of each table entry.

Canadian Corporate Bonds 32.05
Floating rate bank loans 29.79
Canadian investment grade bonds 28.97
Preferred stocks 1.95
Canadian Asset-backed Securities 1.83
Canadian high yield bonds 1.60
U.S. Corporate Bonds 1.41
Canadian government bonds 0.84
International investment grade bonds 0.48
U.S. investment grade bonds 0.44
Other 0.64

Top 10 Holdings (%)

Name Weight %
Royal Bank of Canada 2.56
Constellation Software Inc. 2.44
Shopify Inc. Cl A Sub Vtg Shs 2.33
Microsoft Corp. 2.01
Open Text Corp. 1.85
Marsh & McLennan Cos. 1.81
Toronto-Dominion Bank Com New 1.73
Accenture PLC Shs Class A 1.64
FirstService Corporation 1.59
Brookfield Corporation Vtg Shs Cl A 1.53

Historical Net Asset Values

Fees

 
Series 1 - 100%
Series 2 - 75% (selected)
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
1.80 0.00 2.86
1.80 0.00 2.42

Series 1 - 100%

Management Fee (%) 1.80
Insurance Fee (%) 0.00
Management Expense Ratio (%) 2.86

Series 2 - 75%

Management Fee (%) 1.80
Insurance Fee (%) 0.00
Management Expense Ratio (%) 2.42
Management Fee (%) Insurance Fee (%) Management Expense Ratio (%)
Series 1 - 100% 1.80 0.00 2.86
Series 2 - 75% (selected) 1.80 0.00 2.42