Key stats
Details
Home page
Inception date
Sep 3, 2025
Structure
Canadian Mutual Fund Trust (ON)
Replication method
Synthetic
Dividend treatment
Distributes
Distribution tax treatment
Ordinary income
Primary advisor
Mackenzie Financial Corp.
ISIN
CA5545631064
CUSIP
554563106
FIGI
BBG01WRDFXX5
Identifiers
ISIN CA5545631064
The fund invests in a portfolio of Canadian equity securities and ETFs with above-average dividend yields. It employs a systematic, rules-based strategy that evaluates dividend yield, momentum, quality, and volatility to select securities. To enhance income, the fund writes put and call options based on market volatility, generating premiums while allowing the purchase of securities at discounted prices or hedging of existing positions. Additionally, it uses derivatives such as swaps, futures, and forwards to manage risk and optimize returns. The fund may employ leverage through borrowing, up to 50% of net asset value, and derivatives. The total leverage exposure is generally kept below 200% but allowed up to 300%. The strategy integrates ESG considerations by favoring companies with improving sustainability risk profiles, reducing exposure to high-controversy securities. During unfavorable market conditions, the fund may hold cash or short-term debt securities.
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
Energy Minerals
ETF
Stocks97.68%
Finance32.93%
Energy Minerals17.65%
Utilities8.26%
Communications6.56%
Industrial Services5.50%
Producer Manufacturing3.41%
Process Industries2.04%
Transportation1.93%
Miscellaneous1.91%
Commercial Services1.72%
Distribution Services1.64%
Consumer Services1.15%
Health Services0.40%
Bonds, Cash & Other2.91%
ETF15.59%
Government0.97%
Cash0.52%
Miscellaneous−14.17%
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
MHDC invests in stocks. The fund's major sectors are Finance, with 37.79% stocks, and Energy Minerals, with 20.25% of the basket. The assets are mostly located in the North America region.
MHDC top holdings are iShares S&P/TSX 60 Index ETF and Toronto-Dominion Bank, occupying 15.59% and 6.14% of the portfolio correspondingly.
MHDC last dividends amounted to 0.10 CAD. The month before, the issuer paid 0.10 CAD in dividends, which shows a 3.52% increase.
MHDC assets under management is 5.56 M CAD. It's risen 4.50% over the last month.
MHDC fund flows account for 2.00 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, MHDC pays dividends to its holders with the dividend yield of 4.08%. The last dividend (Jul 9, 2026) amounted to 0.10 CAD. The dividends are paid monthly.
MHDC shares are issued by Power Corp of Canada under the brand Mackenzie. The ETF was launched on Sep 3, 2025, and its management style is Active.
MHDC expense ratio is 0.74% meaning you'd have to pay 0.74% of your investment to help manage the fund.
MHDC follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MHDC invests in stocks.
MHDC price has risen by 4.29% over the last month, and its yearly performance shows a 39.70% increase. See more dynamics on MHDC price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.98% over the last month, showed a 11.32% increase in three-month performance and has increased by 29.42% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.98% over the last month, showed a 11.32% increase in three-month performance and has increased by 29.42% in a year.
MHDC trades at a premium (0.04%) meaning the ETF is trading at a higher price than the calculated NAV.