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Manulife
A U.S. equity index fund: 766 stocks, 98% United States, hedged to Canadian dollars, for 0.37% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Broad U.S. equity exposure. This is benchmark-driven single-country exposure rather than a narrow stock pick. It tracks the John Hancock Dimensional Large Cap Index (CAD Hedged).
Top holding: NVIDIA Corp 4.6% (broad) · Top sector: Technology 29.5% (broad) · Top region: United States 97.8% (single-country)
Technology 29.5%·Financials 13.5%·Industrials 11.7%·Consumer Discretionary 9.7%·Healthcare 9.0%·Other 8.2%·Other (locked) 18.2%
United States 97.8%·Europe 1.6%·LR 0.2%·Emerging Markets 0.2%·Puerto Rico 0.0%
Source: fund provider disclosure.
The management fee was 0.37% a year, or about $37 for every $10,000 held. Trading spreads are separate from this fee. This is the management fee as published by the provider; the total expense ratio can be slightly higher once fund operating costs are added.
Mostly interest and other income
The full distribution tax character across 9 years, plus what you keep after tax in a TFSA, RRSP, or non-registered account, is on the Real Yield report card.
See the full tax breakdown →For information only, not tax advice. Tax treatment depends on your account type and personal circumstances; consult a qualified tax professional.
How durable the fund is, and what moved its price.
| Assets | $16M· net assets |
| Listed | 2017· 9 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | MULC.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-hedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | United States |
| Index tracked | John Hancock Dimensional Large Cap Index (CAD Hedged) |
| Provider | Manulife |
| Mgmt fee | 0.37% |
Compare MULC.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
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