Key stats
About MACKENZIE CORE RESOURCES ETF CAD UNITS
Home page
Inception date
Sep 10, 2024
Structure
Canadian Mutual Fund Trust (ON)
Distribution tax treatment
Ordinary income
Income tax type
Ordinary Income
Primary advisor
Mackenzie Financial Corp.
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.
Related funds
Classification
What's in the fund
Exposure type
Energy Minerals
Non-Energy Minerals
Industrial Services
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MORE trades at 23.95 CAD today, its price has fallen −0.87% in the past 24 hours. Track more dynamics on MORE price chart.
MORE net asset value is 24.18 today — it's risen 4.06% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MORE assets under management is 35.87 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MORE price has risen by 1.44% over the last month, and its yearly performance shows a 19.69% increase. See more dynamics on MORE price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 4.06% over the last month, showed a 4.88% increase in three-month performance and has increased by 13.82% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 4.06% over the last month, showed a 4.88% increase in three-month performance and has increased by 13.82% in a year.
MORE fund flows account for 28.04 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.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MORE invests in stocks. See more details in our Analysis section.
No, MORE isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MORE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MORE shows the strong buy signal. See more of MORE technicals for a more comprehensive analysis.
Today, MORE technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MORE shows the strong buy signal. See more of MORE technicals for a more comprehensive analysis.
Yes, MORE pays dividends to its holders with the dividend yield of 0.24%.
MORE trades at a premium (0.09%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MORE shares are issued by Power Corp. of Canada
MORE follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Sep 10, 2024.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.