Key stats
About ISHARES CDN FINANCIAL MTHLY INC FD COM UNIT
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Inception date
Apr 16, 2010
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Income tax type
Capital Gains
Primary advisor
BlackRock Asset Management Canada Ltd.
The fund seeks to maximize total return and generate a monthly target distribution of $0.05 per unit by holding a portfolio of various securities from issuers in the Canadian financial sector. These securities can be in a form of common shares, preferred shares, corporate bonds and income trust units. In constructing FIEs Portfolio, its sub-advisor refers to a model portfolio provided by Manulife Investment Management. The model portfolio is guided by fund-specific risk management techniques by Manulife, and utilizes a disciplined bottom-up approach employing strict quantitative stock selection disciplines. Note that FIE, on top of its net assets, has also entered into a loan facility with a Canadian financial institution to purchase additional securities for working capital purposes. FIE can borrow up to 15% of its NAV.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
ETF
Stocks71.63%
Finance71.63%
Bonds, Cash & Other28.37%
ETF28.19%
Cash0.18%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
FIE top holdings are iShares S&P/TSX Canadian Preferred Share Index ETF and iShares Core Canadian Corporate Bond Index ETF, occupying 19.03% and 9.16% of the portfolio correspondingly.
FIE last dividends amounted to 0.04 CAD. The month before, the issuer paid 0.04 CAD in dividends,
FIE assets under management is 1.09 B CAD. It's risen 7.87% over the last month.
FIE fund flows account for −71.90 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.
Yes, FIE pays dividends to its holders with the dividend yield of 5.72%. The last dividend (May 30, 2025) amounted to 0.03 CAD. The dividends are paid monthly.
FIE shares are issued by BlackRock, Inc. under the brand iShares. The ETF was launched on Apr 16, 2010, and its management style is Active.
FIE expense ratio is 0.87% meaning you'd have to pay 0.87% of your investment to help manage the fund.
FIE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
FIE invests in stocks.
FIE price has risen by 6.07% over the last month, and its yearly performance shows a 16.71% increase. See more dynamics on FIE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 7.84% over the last month, showed a 2.46% increase in three-month performance and has increased by 23.42% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 7.84% over the last month, showed a 2.46% increase in three-month performance and has increased by 23.42% in a year.
FIE trades at a premium (0.03%) meaning the ETF is trading at a higher price than the calculated NAV.