Manulife Multifactor Ownership
| MINT Etf | CAD 40.27 0.09 0.22% |
Manulife |
Manulife Etf Ownership Analysis
The fund generated five year return of 15.0%. Manulife Multifactor maintains 98.2% of assets in stocks. This fund last dividend was 0.47 per share. MINT seeks to track the performance of the John Hancock Dimensional Developed International Index CAD Hedged, before fees and expenses. MANULIFE MLTFACTOR is traded on Toronto Stock Exchange in Canada. To find out more about Manulife Multifactor Developed contact the company at 416 581 8350.Manulife Multifactor Outstanding Bonds
Manulife Multifactor issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Manulife Multifactor uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Manulife bonds can be classified according to their maturity, which is the date when Manulife Multifactor Developed has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
Pair Trading with Manulife Multifactor
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 Multifactor 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 Multifactor will appreciate offsetting losses from the drop in the long position's value.Moving together with Manulife Etf
| 0.95 | XEF | iShares Core MSCI | PairCorr |
| 0.95 | ZEA | BMO MSCI EAFE | PairCorr |
| 0.95 | VIU | Vanguard FTSE Developed | PairCorr |
| 0.96 | XIN | iShares MSCI EAFE | PairCorr |
| 0.92 | ZDM | BMO MSCI EAFE | PairCorr |
Moving against Manulife Etf
| 0.45 | FHQ | First Trust AlphaDEX | PairCorr |
| 0.39 | ZQQ | BMO NASDAQ 100 | PairCorr |
| 0.39 | XQQ | iShares NASDAQ 100 | PairCorr |
| 0.38 | TXF | First Asset Tech | PairCorr |
| 0.35 | HQU | BetaPro NASDAQ 100 | PairCorr |
The ability to find closely correlated positions to Manulife Multifactor 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 Multifactor 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 Multifactor - 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 Multifactor Developed to buy it.
The correlation of Manulife Multifactor 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 Multifactor moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Manulife Multifactor 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 Multifactor 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 Etf
Manulife Multifactor financial ratios help investors to determine whether Manulife Etf 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 Multifactor security.