Key stats
About Middlefield Innovation Dividend ETF
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Inception date
Mar 15, 2022
Dividend treatment
Distributes
Primary advisor
Middlefield Ltd.
ISIN
CA5963391019
The fund is actively managed to target the innovative segment of the global dividend-paying market. It primarily invests in dividend payers that derive significant revenue from the development or commercialization of products or services related to major technological innovation. The fund adviser considers ongoing analysis regarding global technology and related sectors in building the portfolio. The funds equity investments may include depositary receipts, convertibles, income trust units, single issuer equity options, preferred shares, and warrants. The fund may also invest in debt securities, futures, and other ETFs. The fund adviser may utilize derivatives and engage in short selling, as permitted by Canadian laws. The adviser may also generate additional income through lending, repurchase, and reverse repurchase transactions. Prior to Mar. 15, 2022, the fund was named the Global Innovation Dividend Fund before it converted from a mutual fund to an ETF structure.
Related funds
Classification
What's in the fund
Exposure type
Technology Services
Electronic Technology
Stock breakdown by region
Top 10 holdings
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
An exchange-traded fund (ETF) is a collection of assets (stocks, bonds, commodities, etc.) that track an underlying index and can be bought on an exchange like individual stocks.
MINN trades at 25.10 CAD today, its price has risen 0.75% in the past 24 hours. Track more dynamics on MINN price chart.
MINN net asset value is 25.34 today — it's risen 5.41% over the past month. NAV represents the total value of the fund's assets less liabilities and serves as a gauge of the fund's performance.
MINN assets under management is 100.97 M CAD. AUM is an important metric as it reflects the fund's size and can serve as a gauge of how successful the fund is in attracting investors, which, in its turn, can influence decision-making.
MINN price has risen by 6.55% over the last month, and its yearly performance shows a 23.16% increase. See more dynamics on MINN price chart.
NAV returns, another gauge of an ETF dynamics, have risen by 5.41% over the last month, showed a 13.48% increase in three-month performance and has increased by 25.94% in a year.
NAV returns, another gauge of an ETF dynamics, have risen by 5.41% over the last month, showed a 13.48% increase in three-month performance and has increased by 25.94% in a year.
MINN fund flows account for −15.75 M CAD (1 year). Many traders use this metric to get insight into investors' sentiment and evaluate whether it's time to buy or sell the fund.
Since ETFs work like an individual stock, they can be bought and sold on exchanges (e.g. NASDAQ, NYSE, EURONEXT). As it happens with stocks, you need to select a brokerage to access trading. Explore our list of available brokers to find the one to help execute your strategies. Don't forget to do your research before getting to trading. Explore ETFs metrics in our ETF screener to find a reliable opportunity.
MINN invests in stocks. See more details in our Analysis section.
MINN expense ratio is 1.53%. It's an important metric for helping traders understand the fund's operating costs relative to assets and how expensive it would be to hold the fund.
No, MINN isn't leveraged, meaning it doesn't use borrowings or financial derivatives to magnify the performance of the underlying assets or index it follows.
In some ways, ETFs are safe investments, but in a broader sense, they're not safer than any other asset, so it's crucial to analyze a fund before investing. But if your research gives a vague answer, you can always refer to technical analysis.
Today, MINN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MINN shows the buy signal. See more of MINN technicals for a more comprehensive analysis.
Today, MINN technical analysis shows the buy rating and its 1-week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1-month rating MINN shows the buy signal. See more of MINN technicals for a more comprehensive analysis.
Yes, MINN pays dividends to its holders with the dividend yield of 2.19%.
MINN trades at a premium (0.12%).
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
Premium/discount to NAV expresses the difference between the ETF’s price and its NAV value. A positive percentage indicates a premium, meaning the ETF trades at a higher price than the calculated NAV. Conversely, a negative percentage indicates a discount, suggesting the ETF trades at a lower price than NAV.
MINN shares are issued by Middlefield Group
MINN follows the No Underlying Index. ETFs usually track some benchmark seeking to replicate its performance and guide asset selection and objectives.
The fund started trading on Mar 15, 2022.
The fund's management style is active, aiming to outperform its benchmark index by actively selecting and adjusting assets. The goal is to achieve returns that exceed those of the index the fund tracks.