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Details
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Inception date
Sep 10, 2024
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Income tax type
Ordinary Income
Primary advisor
Mackenzie Financial Corp.
ISIN
CA55454B1004
CUSIP
55454B100
FIGI
BBG01PK1JT86
Identifiers
ISIN CA55454B1004
The fund aims to generate alpha by focusing primarily on Canadian equities within the natural resource sectors. Investments typically include smaller and larger capitalization companies across the energy, materials, and precious metals industries. Adopting a company-focused investment approach, the fund prioritizes firms with strong, sustainable free cash flows. Additionally, it integrates ESG factors by favoring subsectors positioned to benefit from positive demand trends while avoiding those with significant environmental or social risks. The fund may also hold cash or short-term debt and invest in other ETFs to maintain liquidity.
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
Non-Energy Minerals
Industrial Services
Stocks92.82%
Energy Minerals39.47%
Non-Energy Minerals31.16%
Industrial Services12.76%
Process Industries6.26%
Producer Manufacturing1.84%
Distribution Services0.73%
Utilities0.44%
Commercial Services0.17%
Bonds, Cash & Other7.18%
Rights & Warrants4.53%
Cash1.76%
Miscellaneous0.90%
Breakdown by region
North America89.93%
Europe8.54%
Oceania0.86%
Latin America0.67%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently asked questions
MORE invests in stocks. The fund's major sectors are Energy Minerals, with 39.47% stocks, and Non-Energy Minerals, with 31.16% of the basket. The assets are mostly located in the North America region.
MORE top holdings are Cenovus Energy Inc. and Canadian Natural Resources Limited, occupying 6.52% and 5.35% of the portfolio correspondingly.
MORE last dividends amounted to 1.12 CAD. The year before, the issuer paid 0.17 CAD in dividends, which shows a 84.98% increase.
MORE assets under management is 88.03 M CAD. It's risen 10.40% over the last month.
MORE fund flows account for 36.91 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, MORE pays dividends to its holders with the dividend yield of 3.03%. The last dividend (Dec 31, 2025) amounted to 1.12 CAD. The dividends are paid annually.
MORE shares are issued by Power Corp of Canada under the brand Mackenzie. The ETF was launched on Sep 10, 2024, and its management style is Active.
MORE expense ratio is 0.97% meaning you'd have to pay 0.97% of your investment to help manage the fund.
MORE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
MORE invests in stocks.
MORE price has risen by 3.60% over the last month, and its yearly performance shows a 49.33% increase. See more dynamics on MORE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 6.73% over the last month, showed a 1.01% increase in three-month performance and has increased by 51.96% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 6.73% over the last month, showed a 1.01% increase in three-month performance and has increased by 51.96% in a year.
MORE trades at a premium (0.02%) meaning the ETF is trading at a higher price than the calculated NAV.