MANULIFE SMART CORPORATE BD ETF COM UNITMANULIFE SMART CORPORATE BD ETF COM UNITMANULIFE SMART CORPORATE BD ETF COM UNIT

MANULIFE SMART CORPORATE BD ETF COM UNIT

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Key stats


Assets under management (AUM)
‪181.75 M‬CAD
Fund flows (1Y)
‪55.50 M‬CAD
Dividend yield (indicated)
3.90%
Discount/Premium to NAV
0.3%
Shares outstanding
‪19.80 M‬
Expense ratio
0.27%

About MANULIFE SMART CORPORATE BD ETF COM UNIT


Brand
Manulife
Inception date
Nov 25, 2020
Structure
Canadian Mutual Fund Trust (ON)
Index tracked
No Underlying Index
Management style
Active
Dividend treatment
Distributes
Primary advisor
Manulife Investment Management Ltd.
The fund actively and primarily invests in a portfolio of investment-grade corporate debt securities from Canada. Since the fund is actively managed, allocation and maturity is at the discretion of the manager who uses a systematic value-added strategy to distribute the fund’s assets across a variety of sectors, credit quality and yield. To help preserve the capital, the fund may also hold high-yield fixed income securities and invest no more than 30% in foreign securities. The fund is designed for investors with a low risk appetite who are seeking steady and high cash flow from a diversified portfolio delivering efficient exposure to the potential of Canadian corporate debt obligations.

Classification


Asset Class
Fixed income
Category
Corporate, broad-based
Focus
Broad credit
Niche
Broad maturities
Strategy
Active
Geography
Canada
Weighting scheme
Proprietary
Selection criteria
Proprietary
What's in the fund
Exposure type
Bonds, Cash & Other
Government
Corporate
Stock breakdown by region
99%0.5%
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.

Broaden your horizons with more funds linked to CBND via country, focus, and more.

Frequently Asked Questions


An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
CBND trades at 9.23 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on CBND price chart.
CBND net asset value is 9.21 today — it's risen 0.91% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
CBND assets under management is ‪181.75 M‬ CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
CBND price has risen by 0.76% over the last month, and its yearly performance shows a 4.18% increase. See more dynamics on CBND price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.91% over the last month, showed a 0.04% increase in three-month performance and has increased by 8.22% in a year.
CBND fund flows account for ‪55.50 M‬ CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
CBND invests in bonds. See more details in our Analysis section.
CBND expense ratio is 0.27%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, CBND isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, CBND technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating CBND shows the buy signal. See more of CBND technicals for a more comprehensive analysis.
Yes, CBND pays dividends to its holders with the dividend yield of 3.90%.
CBND trades at a premium (0.29%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
CBND shares are issued by Manulife Financial Corp.
CBND follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Nov 25, 2020.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.