MFUN.TO
Manulife Fundamental Equity Fund
Canadian
EQUITY
Active
MANAGEMENT STYLE
$ 2.7 B
ASSETS UNDER MGMT
71 bp
EXPENSES
Fund Basics
| Inception date | May 21, 2025 |
| Regulation | |
| Fund Website | link... |
| Distributions | |
| Currency | CAD |
| Holdings Transparency | Full |
| Derivatives-based | No |
| Options available | No |
| Currency hedged | No |
| Fund of funds | No |
Top 10 Holdings
| ROYAL BANK OF CANADA | 5.3 % |
| TORONTO-DOMINION BANK | 4.2 % |
| CANADIAN NATURAL RESOURCES | 4.2 % |
| MICROSOFT CORP | 3.6 % |
| TMX GROUP INC | 3.4 % |
| INTACT FINANCIAL CORP | 3.2 % |
| CENCORA INC | 3.1 % |
| ABBOTT LABORATORIES | 3.1 % |
| VISA INC. CLASS A | 3.1 % |
| WASTE CONNECTIONS, INC. | 3.0 % |
Constituent Breakdown
| Number of holdings | 58 |
| Herfindahl-Hirschman Index | 255 |
| Wgt avg mkt cap (mns) | $478,294 |
| Large cap (>$10bn) | 91.6% |
| Mid cap ($2-10bn) | 8.5% |
| Small cap (<$2bn) | 0.0% |
| Developed mkts. | 100.2% |
| Emerging mkts. | 0.0% |
Sector Breakdown
Country Exposure
 |
CANADA | 54.3 % |
 |
UNITED STATES | 37.4 % |
 |
BRITAIN | 3.1 % |
 |
IRELAND | 2.1 % |
 |
GERMANY | 1.5 % |
 |
FRANCE | 1.2 % |
 |
SWITZERLAND | 0.6 % |
Historical Performance
Standardized Performance (as of 05/31/2026)
| YTD | 1 YR | 2 YR | 3 YR | 5 YR | 10 YR | 20 YR | Incep. | |
|---|---|---|---|---|---|---|---|---|
| Price Returns | 4.6% | 6.9% | -- | -- | -- | -- | -- | 29.7% |
| Dividend Yield | 0.3% | 0.8% | -- | -- | -- | -- | -- | 0.9% |
| Total Returns | 4.9% | 7.7% | -- | -- | -- | -- | -- | 30.7% | Ann. Volatility | 10.5% | 11.6% | -- | -- | -- | -- | -- | 25.4% |
Market Correlations
| versus... | Beta | R-squared |
| S&P 500 | 0.42 | 18% |
| MSCI EAFE | 0.31 | 16% |
| MSCI Emg Mkts | 0.19 | 10% |
Liquidity Measures
| Avg. volume (000) | 5 |
| ADV traded (mns) | $0 |
| Turnover | 0.0% |
| Avg. Bid/Ask (% of price) | 0.00% |
Technical Indicators
| 30d moving avg. (EMA) | $10.86 |
| Relative strength (RSI) | 58 |
| MACD/Signal | 0.07/0.05 |
| Bollinger Bands (Upper/Lower) | $11.11/$10.64 |
| Short interest (% of AUM) | 0.0% |
Distributions
Top Ten Comparable ETFs only shown here. For an extended list become an Individual or Professional subscriber. Start your FREE trial
Comparable ETFs Based on Overlap
| Ticker | Fund Name | Overlap vs. MFUN.TO |
Expenses vs. MFUN.TO |
ALTAR Score™ vs. MFUN.TO |
|---|---|---|---|---|
| MCAN.TO | Manulife Canadian Equity Class | 61.1% | -3 bp | -0.1% |
| MDIF.TO | Manulife Dividend Income Fund | 36.3% | +12 bp | -1.4% |
| EQLT.TO | Invesco S&P/TSX 60 Equal Weight Index ETF | 30.7% | -46 bp | +0.4% |
| XMV.TO | iShares MSCI Min Vol Canada Index ETF | 30.0% | -38 bp | +0.2% |
| CNDX.TO | Global X S&P/TSX 60 Index ETF | 29.8% | -62 bp | -0.3% |
| ZIU.TO | BMO S&P/TSX 60 Index ETF | 29.8% | -58 bp | -0.3% |
| XIU.TO | iShares S&P/TSX 60 Index ETF | 29.8% | -56 bp | -0.3% |
| FST.TO | First Trust Canadian Capital Strength ETF | 29.6% | -5 bp | -0.4% |
| VCE.TO | Vanguard FTSE Canada Index ETF | 29.2% | -66 bp | -0.2% |
| MCLC.TO | Manulife Multifactor Canadian Large Cap Index ETF | 29.1% | -36 bp | -0.1% |
Risk and Returns: MFUN.TO vs. Comps (1 YR)
Notes: Top 10 overlapping ETFs. Funds with insufficient history not shown. Some funds may overlap. Hover over data point for ticker symbol.
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Results & Estimates (CAD)
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|---|---|
| Sales per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Earnings per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Dividends per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- | ||
| Book value per share | -- | -- | -- | -- | -- | -- | -- | ||
| change (%) | -- | -- | -- | -- | -- | -- | -- |
Return on Equity
Net Margins
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Valuation Metrics
| Fwd Est | 2025 | 2026 | 2027 | |
| Price-to-sales | --x | --x | --x | --x |
| Price-to-earnings | --x | --x | --x | --x |
| Price-to-cash flow | --x | --x | --x | --x |
| Price-to-growth | --x | --x | --x | --x |
| Price-to-book value | --x | --x | --x | --x |
| Yield | --% | --% | --x | --% |
Based on closing prices from 6/3/2026
Peer Group Comparison
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ETF Research Center Rating
5.9%
ALTAR SCORE™
51st
PERCENTILE
NEUTRAL
ETFRC RATING
There are 104 funds in the Canadian Equity category with an average
ALTAR Score™ of 5.9% and a standard deviation
of 1.4%. MFUN.TO's ALTAR Score™ is approximately 0.0 standard
deviations above the category average. This places MFUN.TO in the 51st percentile
among funds in the category.
Sell-Side Consensus
$12.83
PRICE TARGET
+16.2%
UPSIDE