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Inception date
Mar 18, 2026
Structure
Canadian Mutual Fund Corporation (ON)
Replication method
Physical
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Middlefield Ltd.
ISIN
CA5959433098
CUSIP
595943309
FIGI
BBG020YFXF24
Identifiers
ISIN CA5959433098
MAEC aims to provide stable monthly income while maximizing long-term return. The fund invests in dividend-paying securities of global issuers involved in the energy production, services and infrastructure industries. The fund may invest in units of energy-related income trusts and royalty trusts, income deposit securities, other equity securities (including private enterprise), mutual funds, exchange-traded funds, and cash. The portfolio manager evaluates investments using a fundamental approach focused on balance sheet strength, cash flow, profitability, industry positioning, growth potential, and management quality, with ESG factors considered but not the determining factor. The fund may also invest in private placements and illiquid securities, engage in short selling, and participate in securities lending, repurchase, or reverse purchase transactions, to enhance returns.
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
Energy Minerals
Industrial Services
Stocks99.34%
Energy Minerals71.44%
Industrial Services14.46%
Consumer Durables4.00%
Producer Manufacturing2.82%
Utilities1.98%
Process Industries1.86%
Miscellaneous1.79%
Non-Energy Minerals1.00%
Bonds, Cash & Other0.66%
Cash0.66%
Breakdown by region
North America100.00%
Latin America0.00%
Europe0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Oceania0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
MAEC invests in stocks. The fund's major sectors are Energy Minerals, with 71.44% stocks, and Industrial Services, with 14.46% of the basket. The assets are mostly located in the North America region.
MAEC top holdings are Tourmaline Oil Corp. and Kelt Exploration Ltd., occupying 5.13% and 5.05% of the portfolio correspondingly.
MAEC last dividends amounted to 0.02 CAD. The month before, the issuer paid 0.02 CAD in dividends,
MAEC assets under management is 5.52 M CAD. It's risen 5.72% over the last month.
MAEC fund flows account for 4.73 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, MAEC pays dividends to its holders with the dividend yield of 2.12%. The last dividend (Aug 14, 2026) amounted to 0.02 CAD. The dividends are paid monthly.
MAEC shares are issued by Middlefield Group under the brand Middlefield. The ETF was launched on Mar 18, 2026, and its management style is Active.
MAEC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MAEC invests in stocks.
MAEC trades at a premium (0.78%) meaning the ETF is trading at a higher price than the calculated NAV.