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Manulife Smart Short-Term Bond ETF
Cdn Short Term Fixed Inc
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FundGrade A
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FundGrade A+® Rating Recipient
2025, 2024
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|
NAVPS (09-18-2026) |
$9.63 |
|---|---|
| Change |
-$0.02
(-0.16%)
|
As at August 31, 2026
As at August 31, 2026
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Fund Returns
Inception Return (November 25, 2020): 2.61%
| Row Heading | Return | Annualized Return | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1 Mth | 3 Mth | 6 Mth | YTD | 1 Yr | 2 Yr | 3 Yr | 4 Yr | 5 Yr | 6 Yr | 7 Yr | 8 Yr | 9 Yr | 10 Yr | |
| Fund | 0.16% | 0.22% | 0.38% | 1.54% | 3.00% | 4.36% | 5.97% | 5.22% | 2.89% | - | - | - | - | - |
| Benchmark | 0.09% | 0.05% | -0.06% | 1.13% | 2.23% | 3.41% | 4.76% | 3.99% | 2.08% | 1.82% | 2.16% | 2.45% | 2.24% | 2.02% |
| Category Average | 0.10% | 0.05% | -0.04% | 0.93% | 1.86% | 2.91% | 4.25% | 3.59% | 1.75% | 1.59% | 1.83% | 2.01% | 1.80% | 1.64% |
| Category Rank | 102 / 312 | 119 / 307 | 110 / 299 | 58 / 295 | 10 / 278 | 5 / 245 | 3 / 217 | 5 / 202 | 19 / 190 | - | - | - | - | - |
| Quartile Ranking | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | - | - | - | - | - |
Monthly Return
| Return % | Sep | Oct | Nov | Dec | Jan | Feb | Mar | Apr | May | Jun | Jul | Aug |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Fund | 0.91% | 0.45% | 0.19% | -0.11% | 0.60% | 0.55% | -0.96% | 0.29% | 0.84% | 0.38% | -0.32% | 0.16% |
| Benchmark | 0.75% | 0.38% | 0.22% | -0.27% | 0.45% | 0.74% | -0.88% | 0.04% | 0.74% | 0.32% | -0.36% | 0.09% |
Best Monthly Return Since Inception
2.04% (November 2023)
Worst Monthly Return Since Inception
-1.86% (March 2022)
Calendar Return (%)
| Return % | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Fund | - | - | - | - | - | -0.63% | -4.44% | 6.69% | 7.37% | 4.54% |
| Benchmark | 0.90% | 0.27% | 1.89% | 2.98% | 5.17% | -0.92% | -3.98% | 4.92% | 5.71% | 3.77% |
| Category Average | 0.85% | 0.42% | 0.53% | 2.93% | 4.36% | -0.83% | -4.45% | 4.84% | 5.17% | 3.22% |
| Quartile Ranking | - | - | - | - | - | 2 | 3 | 1 | 1 | 1 |
| Category Rank | - | - | - | - | - | 55/ 182 | 111/ 191 | 8/ 203 | 6/ 220 | 11/ 257 |
Best Calendar Return (Last 10 years)
7.37% (2024)
Worst Calendar Return (Last 10 years)
-4.44% (2022)
Asset Allocation
| Name | Percent |
|---|---|
| Canadian Corporate Bonds | 91.07 |
| Canadian Bonds - Other | 4.81 |
| Canadian Government Bonds | 2.70 |
| Cash and Equivalents | 0.79 |
| Foreign Corporate Bonds | 0.63 |
Sector Allocation
| Name | Percent |
|---|---|
| Fixed Income | 98.03 |
| Financial Services | 1.18 |
| Cash and Cash Equivalent | 0.79 |
Geographic Allocation
| Name | Percent |
|---|---|
| North America | 99.37 |
| Europe | 0.63 |
Top Holdings
| Name | Percent |
|---|---|
| Athene Global Funding 4.09% 23-May-2030 | 2.81 |
| Royal Bank of Canada 4.83% 08-Aug-2029 | 2.52 |
| Federation Csses Desjardins Qc 5.47% 17-Oct-2028 | 1.65 |
| Manulife Financial Corp 5.41% 10-Mar-2028 | 1.62 |
| BNP Paribas SA 4.49% 03-Sep-2030 | 1.59 |
| Keyera Company Keyera Corp 3.70% 15-Oct-2030 | 1.53 |
| Amazon.com Inc. 3.70% 12-Jun-2031 | 1.45 |
| iA Financial Corp Inc 5.69% 20-Jun-2033 | 1.42 |
| Toyota Credit Canada Inc 3.74% 21-May-2030 | 1.35 |
| Magna International Inc 4.80% 30-Apr-2029 | 1.30 |
Equity Style
Fixed Income Style
Risk vs Return (3 Yr)
Manulife Smart Short-Term Bond ETF
Median
Other - Cdn Short Term Fixed Inc
3 Yr Annualized
| Standard Deviation | 2.14% | 2.75% | - |
|---|---|---|---|
| Beta | 1.07 | 1.10 | - |
| Alpha | 0.01 | 0.01 | - |
| Rsquared | 0.94% | 0.94% | - |
| Sharpe | 1.15 | -0.04 | - |
| Sortino | 2.93 | -0.06 | - |
| Treynor | 0.02 | 0.00 | - |
| Tax Efficiency | 75.86% | - | - |
| Volatility |
|
|
- |
Risk Rating
Annualized Key Ratio Period Comparison
| Key Ratio | 1 Yr | 3 Yr | 5 Yr | 10 Yr |
|---|---|---|---|---|
| Standard Deviation | 1.80% | 2.14% | 2.75% | - |
| Beta | 1.02 | 1.07 | 1.10 | - |
| Alpha | 0.01 | 0.01 | 0.01 | - |
| Rsquared | 0.95% | 0.94% | 0.94% | - |
| Sharpe | 0.40 | 1.15 | -0.04 | - |
| Sortino | -0.02 | 2.93 | -0.06 | - |
| Treynor | 0.01 | 0.02 | 0.00 | - |
| Tax Efficiency | 50.97% | 75.86% | - | - |
Fund Details
| Start Date | November 25, 2020 |
|---|---|
| Instrument Type | Exchange Traded Fund |
| Share Class | Do-It-Yourself |
| Legal Status | - |
| Sales Status | Open |
| Currency | CAD |
| Distribution Frequency | Monthly |
| Assets ($mil) | $875 |
Fund Codes
| FundServ Code | Load Code | Sales Status |
|---|---|---|
| N/A | ||
Investment Objectives
Manulife Smart Short-Term Bond ETF seeks to earn the highest level of income consistent with the preservation of capital by investing primarily in a diversified portfolio of short-term fixed income securities issued by Canadian corporations and may also invest in short-term fixed income securities issued by federal, provincial or municipal governments in Canada.
Investment Strategy
In order to achieve its investment objectives, Manulife Smart Short-Term Bond ETF invests mainly in short-term Canadian corporate investment-grade fixed income securities. Manulife Smart Short-Term Bond ETF may also invest in short-term high yield fixed income securities.
Portfolio Management
| Portfolio Manager |
Manulife Investment Management Limited
|
|---|---|
| Sub-Advisor |
- |
Management and Organization
| Fund Manager |
Manulife Investment Management Limited |
|---|---|
| Custodian |
CIBC Mellon Trust Company |
| Registrar |
TSX Trust Company |
| Distributor |
- |
Investment Minimums
| RSP Eligible | Yes |
|---|---|
| PAC Allowed | Yes |
| PAC Initial Investment | - |
| PAC Subsequent | - |
| SWP Allowed | Yes |
| SWP Min Balance | - |
| SWP Min Withdrawal | - |
Fees
| MER | 0.23% |
|---|---|
| Management Fee | 0.20% |
| Load | No Load |
| FE Max | - |
| DSC Max | - |
| Trailer Fee Max (FE) | - |
| Trailer Fee Max (DSC) | - |
| Trailer Fee Max (NL) | - |
| Trailer Fee Max (LL) | - |
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