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MORE ETF · Mackenzie Core Resources ETF
The MORE Exchange Traded Fund (ETF) is provided by Mackenzie Investments. This fund is actively managed; it does not track an index. This share class generates a stream of income by distributing dividends.
Last update 3/13/2026, 1:30 PM UTC
LIVE
CLOSED
This fund is part ofDeveloped Market Blended Cap1M perf.-3.95%
Last price
$36.40
1M perf.
+5.61%
1M flows
+€8.7M
AuM
€44M
E/R
0.84%
Rating
Not rated
ESG Consensus®
MORE
$36.40
Performance & flows
Segment for quartile rank
December 12, 2025 → March 12, 2026
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MORE
$36.99
+20.48%
Developed Market Blended Cap
-0.52%
Historic performance and flows
| 1M | 3M | 1Y | 3Y | 5Y | MTD | QTD | YTD | ||
|---|---|---|---|---|---|---|---|---|---|
| Perf. | +5.61%  | +20.48% | +74.25% | N/A | N/A | -3.47% | +18.52% | +18.52% | |
| Flows |
Key fund info
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This ETF's jurisdiction country is not in your region (Europe and Middle East) ·
Main characteristics
More details
NAV
3/12/2026
$36.99
1D NAV change
+0.15%
Dividend policy
No. of holdings
51
Inception date
9/10/2024
Jurisdiction
Canada
Distribution
Canada
Legal structure
Unit Trust
Base currency
CAD
Dividend distribution
Trailing 12-month distr. yield
Distribution frequency
Last distribution
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Classification
Investment strategy
The ETF seeksto provide long-term capital growth by investing primarily in equity securities of companies operating in the natural resource industries.
Tax optimisation
PEA
France
UK Reporting Status
United Kingdom
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Risk profile
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Historical risk/return profile
| 3M | 1Y | 3Y | 5Y | |
|---|---|---|---|---|
| Returns | +20.48% | +74.25% | N/A | N/A |
| Volatility | ||||
| Perf./Volatility | ||||
| Max drawdown |
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Synthetic Risk and Reward Indicator (SRRI)
UCITS
N/A
PRIIPS
N/A
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Countries
Canada
68.87%
USA
5.45%
United Kingdom
2.08%
Australia
1.73%
Unavailable
20.40%
Other
1.48%
Sectors
Energy
39.54%
Materials
38.72%
Unavailable
20.70%
Other
1.04%
Diversification
Total weight of top 15 holdings out of 51
Top 15 holdings
Data as of January 31, 2026
BARRICK GOLD
AGNICO EAGLE MINES LTD
TC ENERGY CORP
CDN NATURAL RESOURCE
CENOVUS ENERGY
ENBRIDGE
NUTRIEN LTD
TOURMALINE OIL
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PEMBINA PIPELINE
FST QUANTUM MIN
ALCOA CORP
ADVANTAGE ENERGY LTD
SHELL PLC
ENERFLEX
METHANEX
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
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Integrates ESG criteria
No
SDG
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Enterprise
Trackinsight Enterprise helps professional and institutional ETF investors tackle operational, regulatory, and analytical challenges at every stage of the investment process.
Learn more about Trackinsight EnterpriseIssuer
Mackenzie Investments
Mackenzie Investments ID Card
Number of funds
63
Total AuM
€16.43B
Expense ratio range
0.04% - 0.9%
Average expense ratio
0.4174%
Top 5 funds by Mackenzie Investments
| AuM | ||
|---|---|---|
QUU | Mackenzie US Large Cap Equity Index ETF | €3.3B |
QCN | Mackenzie Canadian Equity Index ETF | €3.04B |
QDX | Mackenzie International Equity Index ETF | €915M |
QBB | Mackenzie Canadian Aggregate Bond Index ETF | €854M |
MIQE | Mackenzie GQE International Equity ETF | €764M |
Frequently asked questions about MORE
What does Mackenzie Core Resources ETF, MORE, invest in?
MORE is a Active ETF. This ETF provides exposure to Other Canadian Equities.
What is the Total Expense ratio (TER) of MORE?
MORE carries a total expense ratio (TER) of 0.84%, indicating the annual cost for holding the fund.
When was MORE launched?
MORE was introduced to the market on September 10, 2024. It trades on Canada
Who is the ETF issuer of MORE?
Mackenzie Core Resources ETF, MORE, is provided by Mackenzie Investments. Learn more about Mackenzie Investments here.
What is the current assets under management (AUM) of MORE?
MORE oversees €44M in assets as of March 12, 2026.
How has MORE performed lately?
Based on data from March 12, 2026, MORE returned 5.61% over the past month, 20.48% over the last three months and 18.52% year-to-date.
What are the latest inflows or outflows for MORE?
As of March 12, 2026, MORE recorded net flows of +€8.7M over the last month and +€18M year-to-date.
Does MORE distribute dividends?
MORE follows a distributing dividend policy, meaning it pays out income to investors. As of March 12, 2026, its 12-month trailing yield was 3.04%.
What are the main country or region exposures of MORE?
As of January 31, 2026, MORE has significant geographic allocations in Canada, USA and United Kingdom.
In which sector or theme does MORE invest in?
As of January 31, 2026, MORE focuses largely on Energy and Materials.
How many securities does MORE hold and how diversified is it?
As of January 31, 2026, MORE holds 51 positions in its portfolio, with 48.99% of assets concentrated in its top 15 holdings.
What are the main positions in MORE?
As of January 31, 2026, MORE top three holdings include BARRICK GOLD, AGNICO EAGLE MINES LTD and TC ENERGY CORP.
What is the base currency of MORE?
The base currency of MORE is CAD.
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