TORONTO, Aug. 5, 2014 /CNW/ - Manulife Investments today announced the
addition of three mutual funds to its global fund lineup: Manulife
Global Dividend Fund, Manulife Global Dividend Class and Manulife
Global Strategic Balanced Yield Fund.
"Global equity and fixed income exposure are important diversification
tools for Canadian investors" said Paul Lorentz, Executive Vice
President, Retail Markets. "Equally important is the seasoned
management of those investments by a team of professionals with
expertise in these markets."
Manulife Global Dividend Fund and Manulife Global Dividend Class invest
primarily in a diversified portfolio of high quality dividend paying
global equities. The Fund's mandate is unconstrained, allowing the
portfolio managers to invest in the most attractive investment
opportunities throughout the world.
Portfolio Managers Paul Boyne (27 years of industry experience) and Doug
McGraw (19 years of industry experience) of Manulife Asset Management,
have a strong track record managing global equity products and use a
proactive bottom-up stock-by-stock research process selecting strong
value and growth companies. The Fund's goal is to provide a yield
premium over the MSCI World Index by focusing on companies that
compound cash flows and grow earnings, resulting in dividend growth.
Manulife Global Strategic Balanced Yield Fund invests in high quality,
undervalued global dividend stocks as well as a diversified portfolio
of global fixed income securities. The Fund invests across the spectrum
of fixed income securities of global issuers of any quality and term.
The fixed income component has maximum flexibility to tactically
reposition holdings at different points in the credit cycle to mitigate
downside risk and capitalize on opportunities.
Portfolio Managers for the Manulife Global Strategic Balanced Yield Fund
are Paul Boyne and Doug McGraw who will manage the equity portion of
the Fund and John Addeo (over 20 years of industry experience), Dennis
McCafferty (over 17 years of industry experience), Endre Pedersen (over
13 years of industry experience) and Daniel S. Janis III (29 years of
industry experience) of Manulife Asset Management, who will manage the
fixed income portion of the Fund.
"Our mandate is to provide advisors and investors with the tools they
need to build a diversified portfolio" said Derek Saliba, Assistant
Vice President, Mutual Funds, Manulife. "In 2013, Manulife Asset
Management hired Paul and Doug, seasoned global equity managers out of
London with an excellent track record of managing income-oriented
global equities and providing downside protection. They join John,
Dennis, Endre and Dan, to lead this new Global Balanced Fund with a
mandate to deliver a diversified global portfolio."
About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited,
builds on 125 years of Manulife Financial's wealth and investment
management expertise in managing assets for Canadian investors, through
a diverse portfolio of forward-thinking mutual fund products. Our
experienced Portfolio Managers offer access to markets in Canada, the
United States and around the world, in a range of investment styles to
help meet individual needs. Manulife Investments offers personal wealth
management products and services, such as mutual funds, segregated fund
contracts, annuities and guaranteed interest contracts. For more
information, please visit manulifemutualfunds.ca.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife
Financial, 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
March 31, 2014, assets under management for Manulife Asset Management
were C$298 billion (US$269 billion).
Manulife Asset Management's public markets units have investment
expertise across a broad range of asset classes including public equity
and fixed income, and asset allocation strategies. Offices with full
investment capabilities are located in the United States, Canada, the
United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia,
Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife
Asset Management has a joint venture asset management business in
China, Manulife TEDA. The public markets units of Manulife Asset
Management also provide investment management services to affiliates'
retail clients through product offerings of Manulife and John Hancock.
John Hancock Asset Management and Declaration Management and Research
are units of Manulife Asset Management.
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. Clients
look to Manulife for strong, reliable, trustworthy and forward-thinking
solutions for their most 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. Funds under management by Manulife and its
subsidiaries were approximately C$635 billion (US$574 billion) as at
March 31, 2014. Our group of companies operates as Manulife in Canada
and Asia and primarily as John Hancock in the United States.
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
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