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Manulife
An actively managed U.S. equity fund: 170 stocks, 98% United States, hedged to Canadian dollars, for 0.33% a year.
Funds of this type differ on a small set of facts. Where this fund sits on each:
Active equity portfolio with a United States tilt. United States is the dominant region at 97.7%, and that positioning was the largest geographic influence on results.
Top holding: Cisco Systems Inc 2.3% (broad) · Top sector: Technology 32.1% (sector-tilted) · Top region: United States 97.7% (single-country)
Technology 32.1%·Financials 16.7%·Healthcare 12.4%·Industrials 11.3%·Consumer Staples 6.7%·Other 6.1%·Other (locked) 14.7%
United States 97.7%·Europe 2.3%
Source: fund provider disclosure.
The management fee was 0.33% a year, or about $33 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 5 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 | $3M· net assets |
| Listed | 2021· 4 years of history |
| Leverage / overlay | None |
What moved the price
| Ticker | UDEF.TO |
| Exchange | TSX |
| Currency | CAD |
| FX strategy | CAD-hedged |
| Asset class | Equity |
| Structure | Physical (holds securities) |
| Theme | Broad Market |
| Geography | United States |
| Provider | Manulife |
| Mgmt fee | 0.33% |
Compare UDEF.TO→Backtest it→Rate your portfolio→Real Yield report card→
Prices as of last close · tax character year 2025.
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