TSX/NYSE/PSE: MFC SEHK:945
TORONTO, March 18, 2015 /CNW/ - Manulife Investments, a division of
Manulife Asset Management Limited, today announced the launch of a new
Manulife Private Investment Pool (MPIP), Manulife U.S. Balanced Value
Private Trust, and two new mutual funds, Manulife Strategic Investment
Grade Global Bond Fund and Manulife U.S. Dollar Strategic Income Fund.
"These new funds broaden our platform of investment options for advisors
and their clients," said Derek Saliba, Assistant Vice President of
Manulife Investments. "These three new mandates provide advisors and
investors extensions of the existing Monthly High Income and Strategic
Income strategies which have served investors well for many years."
The Manulife U.S. Balanced Value Private Trust will join the Manulife
Private Investment Pools platform geared towards affluent investors and
will primarily invest in U.S. dividend paying equity and fixed income
securities. Inspired by Manulife U.S. Monthly High Income Fund, the
Pool applies the same investment objective, process and strategy but
within the MPIP program which includes competitive fees, and the
ability to allow households to group accounts to potentially receive
greater management fee reductions. The equity component will be managed
by Alan Wicks, Jonathan Popper and Conrad Dabiet and fixed income will
be managed by Howard Greene, Jeffrey Given and Konstantin Kizunov. The
new Pool brings the total number of pools with MPIP to 15.
First launched in December 2012, Manulife Private Investment Pools
offers a comprehensive suite of investment pools spanning a range of
asset classes, and portfolio management by high conviction asset
managers from Manulife Asset Management and Mawer Investment Management
Additional information can be found at manulifeprivateinvestmentpools.ca
Manulife Investments also launched two fixed income funds: Manulife U.S.
Dollar Strategic Income Fund and Manulife Strategic Investment Grade
Global Bond Fund. Led by Dan Janis and the global fixed income team,
Manulife U.S. Dollar Strategic Income Fund follows the same successful
investing mandate as our existing Manulife Strategic Income Fund but is
geared towards those looking to invest U.S. dollars. Investors can
invest in a fund with its Net Asset Value (NAV), income and year-end
distributions (if any) in U.S. dollars with no currency calculations.
Due to the new offerings of the Manulife U.S. Dollar Strategic Income
Fund, Manulife Investments will close the U.S. dollar purchase option
to new deposits for Manulife Strategic Income Fund at 4:00 p.m. EST on
March 24, 2015.
Manulife Strategic Investment Grade Global Bond Fund will leverage the
same successful team and strategy of Manulife Strategic Income Fund,
but focusing on investment grade securities. The Fund will invest
primarily in investment grade, global government and corporate bonds
offering investors a global aggregate bond investment strategy. Like
Manulife Strategic Income Fund, the portfolio management team seeks to
add value primarily through country and sector allocation, security
selection and opportunistic currency investments.
For more information, please visit manulifemutualfunds.ca or contact Manulife Investments at the following telephone numbers:
About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited,
builds on 125 years of Manulife's wealth and investment management
expertise in managing assets for Canadian investors. As one of Canada's
leading integrated financial services providers, Manulife Investments
offers a variety of products and services including segregated fund
contracts, mutual funds, annuities and guaranteed interest contracts.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of
Manulife, providing comprehensive asset management solutions for
institutional investors and investment funds in key markets around the
world. This investment expertise extends across a broad range of public
and private asset classes, as well as asset allocation solutions. As at
December 31, 2014, assets under management for Manulife Asset
Management were approximately C$321 billion (US$277 billion).
Additional information about Manulife Asset Management may be found at ManulifeAM.com.
Manulife is a leading Canada-based financial services group with
principal operations in Asia, Canada and the United States. We operate
as John Hancock in the U.S. and as Manulife in other parts of the
world. We provide strong, reliable, trustworthy and forward-thinking
solutions for our customers' significant financial decisions. Our
international network of employees, agents and distribution partners
offers financial protection and wealth management products and services
to millions of clients. We also provide asset management services to
institutional customers. Assets under management by Manulife and its
subsidiaries were approximately C$691 billion (US$596 billion) as at
December 31, 2014.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com
SOURCE Manulife Financial Corporation
For further information: