Manulife Dividend Income Fund Fundamentals
| 0P0000VUYE | CAD 17.01 0.03 0.18% |
Manulife Dividend Income fundamentals help investors to digest information that contributes to Manulife Dividend's financial success or failures. It also enables traders to predict the movement of Manulife Fund. The fundamental analysis module provides a way to measure Manulife Dividend's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Manulife Dividend fund.
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Manulife Dividend Income Fund Bond Positions Weight Analysis
Manulife Dividend's Percentage of fund asset invested in fixed income securities. About 30% of U.S. mutual funds invest in bonds.
Current Manulife Dividend Bond Positions Weight | 8.54 % |
Most of Manulife Dividend's fundamental indicators, such as Bond Positions Weight, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Manulife Dividend Income is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Funds that have over 60% of asset value invested in bonds or or other fixed income securities would usually attract conservative investors.
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In accordance with the recently published financial statements, Manulife Dividend Income has a Bond Positions Weight of 8.54%. This is much higher than that of the Manulife Investments family and significantly higher than that of the Canadian Focused Equity category. The bond positions weight for all Canada funds is notably lower than that of the firm.
Manulife Dividend Income Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Manulife Dividend's current stock value. Our valuation model uses many indicators to compare Manulife Dividend value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Manulife Dividend competition to find correlations between indicators driving Manulife Dividend's intrinsic value. More Info.Manulife Dividend Income is fourth largest fund in net asset among similar funds. It also is fourth largest fund in minimum initial investment among similar funds . The ratio of Net Asset to Minimum Initial Investment for Manulife Dividend Income is about 7,640,000 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Manulife Dividend's earnings, one of the primary drivers of an investment's value.Did you try this?
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Fund Asset Allocation for Manulife Dividend
The fund consists of 79.53% investments in stocks, with the rest of investments allocated between bonds, cashand various exotic instruments.Asset allocation divides Manulife Dividend's investment portfolio among different asset categories to balance risk and reward by investing in a diversified mix of instruments that align with the investor's goals, risk tolerance, and time horizon. Mutual funds, which pool money from multiple investors to buy a diversified portfolio of securities, use asset allocation strategies to manage the risk and return of their portfolios.
Mutual funds allocate their assets by investing in a diversified portfolio of securities, such as stocks, bonds, cryptocurrencies and cash. The specific mix of these securities is determined by the fund's investment objective and strategy. For example, a stock mutual fund may invest primarily in equities, while a bond mutual fund may invest mainly in fixed-income securities. The fund's manager, responsible for making investment decisions, will buy and sell securities in the fund's portfolio as market conditions and the fund's objectives change.
Manulife Fundamentals
| Total Asset | 3.82 B | |||
| Net Asset | 3.82 B | |||
| Minimum Initial Investment | 500 | |||
| Cash Position Weight | 6.68 % | |||
| Equity Positions Weight | 79.53 % | |||
| Bond Positions Weight | 8.54 % |
About Manulife Dividend Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Manulife Dividend Income's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Manulife Dividend using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Manulife Dividend Income based on its fundamental data. In general, a quantitative approach, as applied to this fund, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.The Fund seeks to provide a combination of income and long-term capital appreciation. Manulife Dividend is traded on Toronto Stock Exchange in Canada.
Pair Trading with Manulife Dividend
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Manulife Dividend position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Manulife Dividend will appreciate offsetting losses from the drop in the long position's value.The ability to find closely correlated positions to Manulife Dividend could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Manulife Dividend when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Manulife Dividend - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Manulife Dividend Income to buy it.
The correlation of Manulife Dividend is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Manulife Dividend moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Dividend Income moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Manulife Dividend can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Other Information on Investing in Manulife Fund
Manulife Dividend financial ratios help investors to determine whether Manulife Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Manulife with respect to the benefits of owning Manulife Dividend security.
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