Core Dividend Fund ETF Review (PDF) 2024

Last Updated: 3/7/2024

Wealth Awesome Rating: 63/100
This equity ETF has an MER of 0.73%. With higher than average fees, it’s a premium option. Managing 190 million in assets, it’s widely trusted by investors. Suitable for those seeking growth with a medium to high risk tolerance.
 
The Wealth Awesome ETF rating is based on identifying ETFs that are popular and well used, while keeping costs low.

PDF trades on the TSX exchange.
Looking to invest in general equity? Consider an general equity ETF as an easy way to get access. The Core Dividend Fund (PDF) is one of the most popular ETF’s in Canada by market cap. Let’s take a closer look at this ETF here.  

What is the Core Dividend Fund ETF

A general equity ETF, aiming for growth by investing in a broad range of stocks. This ETF has an MER of 0.73%. This ETF trades on the TSX exchange.

PDF stock price and other stats

ETF Key Stats

Exchange: TSX

Assets Under Management: $190MM

Expense Ratio: 0.73%

Price: $31.06 (Updated: 3/7/2024)



Core Dividend Fund (PDF) Top 10 Holdings

Company NameSymbolAssets %
Manulife Financial CorpMFC3.96385
AbbVie IncABBV3.56285
Restaurant Brands International IncQSR3.50878
Enbridge IncENB3.33724
Exxon Mobil CorpXOM3.29522
Pembina Pipeline CorpPPL3.25358
TC Energy CorpTRP3.139
Toronto Dominion BankTD3.13484
Bank of Nova ScotiaBNS3.13029
Tourmaline Oil Corp.TOU3.05526

Core Dividend Fund (PDF) Breakdown by Market Cap

CategoryValue
Mega36.54267
Big52.80517
Medium9.37456
Small0
Micro0

Core Dividend Fund (PDF) Sector Breakdown

SectorEquity %Relative to Category
Basic Materials6.09335.56163
Consumer Cyclicals7.1035110.17843
Financial Services25.6414823.33612
Real Estate01.77978
Communication Services5.591334.59466
Energy20.444388.08561
Industrials5.8977512.93397
Technology7.0604817.09546
Consumer Defensive6.002165.6569
Healthcare10.501869.02231
Utilities5.663761.75511

Core Dividend Fund (PDF) Geographic Breakdown

RegionEquity %Relative to Category
North America10097.954
United Kingdom00.3394
Europe Developed01.15
Europe Emerging00.006
Africa/Middle East00.074
Japan00.127
Australasia00.022
Asia Developed00.18
Asia Emerging00.116
Latin America00.033

PDF Management Expense Ratio

PDF has a management expense ratio of  0.73% . The MER is significantly lower than what you can get with a mutual fund product offered by large banks.  


How to Buy  Core Dividend Fund TSX ETF

You can buy  PDF on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:  
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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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