VS
Compare Manulife Growth ETF Portfolio (MGAP) vs Purpose Active Growth Fund (PAGF) to find the best fit for your portfolio. MGAP provides Finance, Technology, and Industrials exposures, while PAGF is primarily weighted in Finance, Industrials, and Technology. When evaluating costs, MGAP features a management fee (MER) of 0.35%, compared to 0.2% for PAGF. Use the comparison tool below to benchmark these funds across top 10 holdings, yield, sector weights and historical returns.
NAV Performance and Flows
Key Data
Compare
MGAP
PAGF
| AuM | $22.11 M | $217.17 M |
| Management Fees | 0.35% | 0.20% |
| Exp. ratio | 0.35% | 0.45% |
| Tracking Difference | - | - |
Historical performance and flows
As of September 3, 2026
| 1M | 3M | YTD | 1Y | 3Y | ||
|---|---|---|---|---|---|---|
| Perf. | MGAP | +1.26% | +0.95% | - | - | - |
PAGF | +0.05% | +2.86% | +14.07% | +20.32% | - | |
| Flows | MGAP | +$3 M | +$18 M | - | - | - |
PAGF | +$4 M | -$7 M | +$17 M | +$59 M | - |
MGAP vs PAGF exposure
Countries
MGAP
USA
29.35%
Canada
26.95%
Other
12.32%
Other
31.39%
PAGF
Canada
25.36%
Other
21.18%
USA
16.99%
Japan
10.12%
Other
26.34%
Sectors
MGAP
Finance
22.87%
Technology
15.98%
Other
12.31%
Industrials
7.98%
Energy
7.22%
Other
33.65%
PAGF
Finance
23.82%
Other
21.17%
Industrials
8.09%
Technology
7.66%
Other
39.27%
As of September 3, 2026
Top 10 Holdings
MGAP
CA56503H1064
5.21%
CA56501D1078
2.94%
CA56504C1068
1.98%
NVIDIA Corp.
1.62%
Microsoft Corp.
1.12%
Apple, Inc.
1.11%
Alphabet, Inc.
0.81%
Broadcom Inc.
0.80%
Amazon.com, Inc.
0.80%
The Toronto-Dominion Bank
0.63%
PAGF
CA74643B1031
7.43%
US46090E1038
6.30%
CA74642X1069
3.77%
CA74642E3068
2.52%
Royal Bank of Canada
1.60%
Bank of Montreal
0.94%
The Bank of Nova Scotia
0.87%
The Toronto-Dominion Bank
0.79%
Taiwan Semiconductor Manufacturing Co., Ltd.
0.65%
Canadian National Railway Co.
0.63%
Diversification
MGAP
Total weight of top 10 holdings out of 12,606 total
17.04%
PAGF
Total weight of top 10 holdings out of 16,622 total
25.49%
Characteristics
Compare
MGAP
PAGF
| Provider | Manulife Investments | Purpose Investments |
| Management | Actively managed | Actively managed |
| Benchmark | - | - |
| Replication Method | ||
| Asset Class | Equity, Fixed Income | Equity, Fixed Income |
| Dividend Policy | Distributing | Distributing |
| Trailing 12m distribution yield | - | 2.98% |
| Meets ESG criteria | No | No |
| Inception Date | April 28, 2026 | October 13, 2023 |
Frequently asked questions about MGAP and PAGF
Which ETF is larger by assets under management: MGAP or PAGF?
As of September 3, 2026, MGAP manages $22.11 M in assets, while PAGF manages $217.17 M. PAGF is the larger fund by AUM.
How are MGAP and PAGF managed?
MGAP is actively managed by Manulife Investments. It does not track an index. PAGF is actively managed by Purpose Investments. It does not track an index.
What sectors do MGAP and PAGF emphasize?
MGAP is most exposed to Finance, Technology, and Industrials. PAGF is most exposed to Finance, Industrials, and Technology.
How do the fees of MGAP and PAGF compare?
MGAP has an expense ratio of 0.35%, while PAGF has an expense ratio of 0.45%.
What are the top holdings of MGAP and PAGF?
MGAP's largest holdings include NVIDIA Corp. and Microsoft Corp.. PAGF's top holdings include Royal Bank of Canada and Bank of Montreal.
Which ETF is more diversified: MGAP or PAGF?
MGAP holds 12112 securities, while PAGF holds 15894. On holdings count, PAGF is the more diversified portfolio.
The ETF Market Canada is brought to you by Cboe in partnership with Trackinsight SA who is providing all the data, analysis and editorial content on this site. Unless explicitly stated as such, any information that you receive is not real-time.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.
All content on the ETF Market Canada is for your general information use only, Cboe is not responsible for any use of content by you outside this scope. In particular, the content does not constitute any form of advice, recommendation, representation, endorsement or arrangement by Cboe and is not intended to be relied upon by users in making (or refraining from making) any specific investment or other decisions.