Manulife Fundamental Equity Fund
When markets get loud, bring the focus back to what truly matters: the fundamentals. Manulife Fundamental Equity Fund sifts through a decade’s worth of financial statements to identify quality companies at a reasonable price. Rely on deep market expertise and a quality-focused investment approach that targets companies with strong capital efficiency and tangible cash flows.
Investing through inflation: a long-term lens
Patrick Blais, head of the Manulife Fundamental Equity Team, senior portfolio manager, shares the inflation outlook for the remainder of 2025, highlighting a long-term, normalized approach to inflation and how his team manages risk by avoiding overleveraged companies and assessing each stock’s resilience.
Targeting growth with downside protection
The Manulife Fundamental Equity Team focuses on delivering long-term outperformance for investors backed by strong downside protection.
Performance
| 1 year | 3 year | 5 year | 10 year | 15 year | 20 year | Since inception¹ | |
| Manulife Fundamental Equity Fund - Series F (MMF699) | 8.77 | 18.48 | 14.41 | 12.37 | 10.57 | 8.75 | 9.54 |
| Canadian Focused Equity Category | 17.70 | 18.05 | 13.89 | 10.23 | 9.40 | 7.45 | — |
| Benchmark² | 28.60 | 21.31 | 16.68 | 11.82 | 9.31 | 8.27 | — |
| Morningstar Ratingᵀᴹ | — | ★★★ | ★★★ | ★★★★ | — | — | — |
| Quartile ranking | 4ᵗʰ | 2ⁿᵈ | 2ⁿᵈ | 1ˢᵗ | 1ˢᵗ | 1ˢᵗ | — |
| Percentage of peers beaten | 8% | 57% | 53% | 88% | 80% | 79% | — |
| Number of funds in category | 487 | 480 | 465 | 344 | 178 | — | — |
Source: Morningstar Direct, as of September 30, 2025. 1 The fund's inception date is February 11, 2004. 2 The benchmark is the S&P/TSX Composite Total Return Index.
Average rolling return performance (%)
When taking a longer-term view, rolling returns may offer a more holistic way of evaluating an investment’s performance over time. On a rolling return basis, Manulife Fundamental Equity Fund has outperformed its Morningstar peer fund category and index 100% of the time over all standard time periods.
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Proudly honoured with the FundGrade A+ Award for its performance in 2024
View all winners hereInvestment process
The Manulife Fundamental Equity Team believes that long-term stock returns are linked to a company’s ability to use its assets to generate income. To find such companies, the team uses a proprietary method of calculating economic earnings and cash-based return on capital. The investment approach is best characterized as style neutral, fundamental in nature, and done on a company-by-company basis.
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Important disclosures
Important disclosures
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and exchange-traded fund (ETF) investments. Please read the prospectus before investing. The indicated rates of return are the historical annual compound total returns net of fees and expenses payable by the fund (except for figures of one year or less, which are simple total returns) including changes in security value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds and ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. You will usually pay brokerage fees to your dealer if you purchase or sell units of an ETF on recognized Canadian exchanges. If the units are purchased or sold on these Canadian exchanges, investors may pay more than the current net asset value when buying units of the ETF and may receive less than the current net asset value when selling them.
Manulife Funds and Manulife Corporate Class are managed by Manulife Investment Management Limited. Manulife Investment Management is a trade name of Manulife Investment Management Limited. Manulife, Manulife Investment Management, the Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.
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