C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Dec. 12, 2018 /CNW/ - Manulife Investments announced today portfolio manager changes to two of its funds, sub advised by Mawer Investment Management Ltd.: Manulife Diversified Investment Fund1 and Manulife Tax-Managed Growth Fund2.
The changes are as follows:
- Effective January 1, 2019, Craig Senyk is being appointed to the role of President of Mawer Investment Management Ltd. To focus entirely his efforts on his new role, he will be stepping down as the lead manager on Manulife Diversified Investment Fund and Manulife Tax-Managed Growth Fund.
- Travis Goldfeldt, who is already a named portfolio manager on both funds, will take over lead portfolio manager duties.
- Steven Visscher will be added to both funds as co-manager.
Travis Goldfeldt is a seasoned investment professional who has over 11 years of investment experience at Mawer Investment Management Ltd. He is a CFA charterholder since 2011. He graduated with a Bachelor of Mathematics from the University of Waterloo and a Bachelor of Business Administration (high distinction) with a finance concentration and a minor in economics from Wilfrid Laurier University.
Steven Visscher joined Mawer Investment Management Ltd. in 2005 and is a member of the asset allocation team. He received his Bachelor of Commerce Degree with distinction from the University of Alberta. He holds the Canadian Investment Manager designation and is a CFA charterholder.
Manulife Diversified Investment Fund was capped to all new purchases as of March 28, 2013.
Manulife Tax-Managed Growth Fund was closed to all new investments effective July 30, 2014.
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 and its affiliates offer a variety of products and services including exchange traded funds, segregated fund contracts, mutual funds and guaranteed interest contracts.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had about 35,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of September 30, 2018, we had over $1.1 trillion (US$863 billion) in assets under management and administration, and in the previous 12 months we made $27.6 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
SOURCE Manulife Financial Corporation
For further information: Media Contact: Anne-Julie Gratton, Manulife, 438 401-7346, [email protected]