Compare with MANULIFE STRATEGIC INCOME FUND Trust Unit
Key stats
Fund info
Home page
Inception date
Oct 1, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Manulife Investment Management Ltd.
ISIN
CA56501D1078
CUSIP
56501D107
FIGI
BBG01Q36QKJ1
Identifiers
ISIN CA56501D1078
The fund is actively managed and aims to generate income and preserve capital through investments in government and corporate debt securities globally. It invests in debts of any credit quality, including high yield bonds. The portfolio sub-advisors allocate assets based on projected international interest rate movements, industry cycles, and political trends. They may invest the entire fund's assets in a single sector, selecting securities based on yield, credit quality, structure, and industry distributions. The primary considerations are relative yields and risk/reward ratios.
Classification
What's in the fund
Exposure type
Corporate
Government
Securitized
Breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
Oscillators
Neutral
Summary
Neutral
Summary
Neutral
Summary
Neutral
Moving Averages
Neutral
Moving Averages
Neutral
Displays a symbol's price movements over previous years to identify recurring trends.
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.
STRT trades at 9.59 CAD today, its price hasn't changed in the past 24 hours. Track more dynamics on STRT price chart.
STRT net asset value is 9.63 today — it's fallen 0.49% 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.
STRT assets under management is 107.56 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.
STRT price has fallen by −0.62% over the last month, and its yearly performance shows a −4.96% decrease. See more dynamics on STRT price chart.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.49% over the last month, showed a −1.18% decrease in three-month performance and has decreased by −0.04% in a year.
NAV returns, another gauge of an ETF dynamics, have fallen by −0.49% over the last month, showed a −1.18% decrease in three-month performance and has decreased by −0.04% in a year.
STRT fund flows account for −2.34 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.
STRT invests in bonds. See more details in our Profile section.
STRT expense ratio is 0.91%. 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, STRT 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, STRT technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating STRT shows the strong sell signal. See more of STRT technicals for a more comprehensive analysis.
Today, STRT technical analysis shows the strong sell rating and its 1-week rating is strong sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating STRT shows the strong sell signal. See more of STRT technicals for a more comprehensive analysis.
STRT 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.
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.
STRT shares are issued by Manulife Financial Corp.
STRT 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 Oct 1, 2024.
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.