Key stats
About Manulife Smart International Defensive Equity ETF Trust Units -Unhedged-
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Inception date
Oct 25, 2022
Structure
Canadian Mutual Fund Trust (ON)
Dividend treatment
Distributes
Primary advisor
Manulife Investment Management Ltd.
Identifiers
3
ISINCA56504H1055
The fund seeks long-term capital appreciation by investing in a defensive portfolio of developed markets ex-US equities. A proprietary defensive screen is used to select securities with lower sensitivity to market changes. The fund manager optimizes the portfolio by allocating proportionally more assets to securities that have higher potential risk-adjusted returns. To achieve the desired exposure, the fund may invest in other funds including Canada- or US-listed ETFs. The fund may utilize derivatives for hedging or investment purposes. It may also enter into securities lending, repurchase, and reverse repurchase transactions to earn additional income.
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
Stocks98.10%
Finance20.63%
Communications9.13%
Consumer Non-Durables8.88%
Health Technology7.37%
Retail Trade7.07%
Energy Minerals6.95%
Transportation6.34%
Electronic Technology5.33%
Producer Manufacturing4.88%
Consumer Durables4.74%
Technology Services3.38%
Consumer Services3.20%
Utilities2.74%
Non-Energy Minerals2.66%
Commercial Services1.77%
Process Industries1.46%
Industrial Services0.98%
Distribution Services0.56%
Bonds, Cash & Other1.90%
Cash1.90%
Stock breakdown by region
Europe53.21%
Asia32.20%
Oceania8.70%
Middle East4.72%
North America1.17%
Latin America0.00%
Africa0.00%
Top 10 holdings
Dividends
Dividend payout history
Assets under management (AUM)
Fund Flows
Frequently Asked Questions
IDEF.B invests in stocks. The fund's major sectors are Finance, with 20.63% stocks, and Communications, with 9.13% of the basket. The assets are mostly located in the Europe region.
IDEF.B last dividends amounted to 0.20 CAD. Six months before that, the issuer paid 0.14 CAD in dividends, which shows a 29.25% increase.
IDEF.B assets under management is 3.60 M CAD. It's fallen 0.45% over the last month.
IDEF.B fund flows account for 0.00 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, IDEF.B pays dividends to its holders with the dividend yield of 2.27%. The last dividend (Jul 15, 2025) amounted to 0.20 CAD. The dividends are paid semi-annually.
IDEF.B shares are issued by Manulife Financial Corp. under the brand Manulife. The ETF was launched on Oct 25, 2022, and its management style is Active.
IDEF.B expense ratio is 0.53% meaning you'd have to pay 0.53% of your investment to help manage the fund.
IDEF.B follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
IDEF.B invests in stocks.
IDEF.B price has fallen by −0.76% over the last month, and its yearly performance shows a 16.49% increase. See more dynamics on IDEF.B price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a 0.96% increase in three-month performance and has increased by 23.26% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 0.83% over the last month, showed a 0.96% increase in three-month performance and has increased by 23.26% in a year.
IDEF.B trades at a premium (0.27%) meaning the ETF is trading at a higher price than the calculated NAV.