TSX/NYSE/PSE: MFC; SEHK: 0945
TORONTO, Jan. 29 /CNW/ - Canadian investors can benefit from a new series
of principal protected Deposit Notes that has access to world-class investment
managers and can generate potential returns based on exposure to equity
RBC Manulife Investments Global Balanced Plus Deposit Notes is a unique
investment offering issued by Royal Bank of Canada that is tied to the
performance of three funds: the Mawer World Investment Fund - four time winner
of the International Equity Fund of the Year, the Manulife Strategic Income
Fund and the Manulife Canadian Core Fund. The RBC Manulife Investments Global
Balanced Plus Deposit Notes provide Principal Amount guarantee by RBC as
"Recent market volatility has led many Canadians to rethink the
investments within their portfolios," said Bob Tillmann, Vice President of
Marketing and Business Development, Manulife Investments.
"The RBC Manulife Investments Global Balanced Plus Deposit Notes provide
investors with global equity market and fixed income exposure, with a 100 per
cent Principal Amount guarantee feature, making the Notes an attractive
alternative for mutual fund investors who require stability yet want to
maintain equity market exposure. And with award-winning fund management
managing the underlying funds, these Notes truly provide investors with a
best-in-class investment opportunity."
The Deposit Notes employ a dynamic asset allocation strategy providing
notional exposure to the underlying funds when performance is positive and
reduced exposure to the funds when performance is negative.
Yield Notes (Series 1 & 4)
- 100% Principal Amount guaranteed at maturity
- Monthly coupon payments equivalent to 5.04% annually(*)
Return of Capital Notes (Series 2 & 5)
- 100% Principal Amount guaranteed over the term of the Deposit Note
- Monthly principal repayments equivalent to 5.04% annually(*)
Total Return Notes (Series 3 & 6)
- 100% Principal Amount guaranteed at maturity
The RBC Manulife Investments Global Balanced Plus Deposit Notes, Series
1, 2, 3, 4, 5 and 6 are sold by advisors licensed by the Investment Dealers
Association of Canada as well as licensed mutual fund dealers.
Series 1, 2 and 3 of the Global Balanced Plus Deposit Notes are available
for purchase until February 15, 2008. Series 4, 5 and 6 of the Global Balanced
Plus Deposit Notes are available for purchase until April 4, 2008. Details
regarding this investment product, including a discussion of risk factors
relating to the Deposit Notes, are contained in the Information Statements
that can be obtained from your financial advisor or at
About Manulife Investments
Manulife Investments is the brand name describing certain Canadian
subsidiaries and operating divisions of Manulife Financial Corporation that
offer personal wealth management products and services in Canada. As one of
Canada's leading integrated financial services providers, Manulife Investments
offers a variety of products and services including segregated funds, mutual
funds, annuities and guaranteed investment contracts.
About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group
serving millions of customers in 19 countries and territories worldwide.
Operating as Manulife Financial in Canada and Asia, and primarily through John
Hancock in the United States, the Company offers clients a diverse range of
financial protection products and wealth management services through its
extensive network of employees, agents and distribution partners. Funds under
management by Manulife Financial and its subsidiaries were Cdn$399.0 billion
(US$400.5 billion) as at September 30, 2007.
Manulife Financial is one of two publicly traded life insurance companies
in North America whose rated life insurance subsidiaries hold Standard &
Poor's Rating Services' highest "AAA" rating and Moody's Investor Services'
second highest "Aa1" rating, both representing financial strength.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE,
and under '0945' on the SEHK. Manulife Financial can be found on the Internet
About MFC Global Investment Management
MFC Global Investment Management is the asset management division of
MFC Global Investment Management's diversified group of companies and
affiliates provide comprehensive asset management solutions for institutional
investors, investment funds and individuals in key markets around the world.
This investment expertise extends across a full range of asset classes
including equity, fixed income and alternative investments such as oil & gas,
real estate, timber, farmland, as well as asset allocation strategies.
MFC Global Investment Management has investment offices in the United
States, Canada, the United Kingdom, Japan, Hong Kong, and throughout Southeast
Asia. As at June 30, 2007, assets managed exceeded C$240 billion
(US$210 billion). Additional information about MFC Global Investment
Management may be found at www.mfcglobal.com.
(*) of the value of the Equity account - Monthly cash payout is variable
and not guaranteed. Certain conditions apply; see Information Statement
for more details.
The information contained herein is for information purposes only and
does not constitute an offer to sell or a solicitation to purchase the Deposit
Notes or investment advice. Investors should read the Information Statements
related to the Deposit Notes dated December 6, 2007 and discuss with their
advisor before making any investment decisions. Complete information relating
to the Deposit Notes, including the risks of investment and disclosure on how
the return is calculated, are included in the related Information Statement.
An investment in Protected Deposit Notes is subject to certain risks,
which investors should consider. Investors should read the Information
Statement carefully before investing and discuss their suitability with their
advisor. The Deposit Notes may not be suitable for all types of investors; the
prices, and value of the Deposit Notes may fluctuate and/or be adversely
affected by a number of factors. The fluctuation of the value of the Fund
Portfolio will directly impact the return, if any, on the Deposit Notes at
maturity. It is possible that no return will be paid on the Deposit Notes.
The information contained herein is intended to be read in conjunction
with the related Information Statement and is qualified in its entirety by
reference to the Information Statement. The fluctuation of the value of the
Fund Portfolio will directly impact the return, if any, on the Deposit Notes
at maturity. It is possible that no return will be paid on the Deposit Notes.
Royal Bank of Canada makes no assurances, representations or warranties
with respect to the accuracy, reliability or completeness of the information
contained herein. Furthermore, Royal Bank of Canada makes no recommendations
concerning Manulife Investments, mutual funds or the suitability of investing
in securities generally, or the Deposit Notes in particular. No person has
been authorized to give information or to make any representation not
contained in the related Information Statement and Royal Bank of Canada does
not accept any responsibility for any information not contained in the related
Manulife Investments is the brand name identifying the personal wealth
management lines of business offered by The Manufacturers Life Insurance
Company (Manulife Financial) and its subsidiaries in Canada (collectively,
"Manulife Financial"). Manulife Investments, MFC Global Investment Management,
Manulife and the Manulife Investments block design are trade names or
registered or unregistered trademarks of Manulife Financial and have been
licensed for use by the Royal Bank of Canada and its affiliates.
For further information:
For further information: Media Contact: Tom Nunn, Manulife Financial,
(519) 594-8578, firstname.lastname@example.org