TORONTO, Aug. 10, 2015 /CNW/ - Manulife Investments, a division of Manulife Asset Management Limited (MAML), announced today that it launched a new mutual fund, Manulife Strategic Dividend Bundle and a new Manulife Private Investment Pool, Manulife Canadian Growth and Income Private Trust.
Manulife Strategic Dividend Bundle is a single investment solution for investors looking for exposure to tax-efficient Canadian dividends and a wide range of fixed income assets through a flexible global portfolio. The Bundle, also known as a "fund of funds", normally provides investors with 60 per cent exposure to Manulife Dividend Income Fund and 40 per cent exposure to Manulife Strategic Income Fund. Both of these underlying funds are considered very attractive options within their respective asset classes and provide a unique blend of Canadian equities and global multi-sector fixed income exposure.
"Strategically designed to give exposure to two of Manulife Investments' most prominent portfolio management teams in one fund, the Bundle solution gives investors who are looking for a balanced approach, an excellent solution," said Derek Saliba, Assistant Vice President, Manulife Investments.
Manulife Canadian Growth and Income Private Trust is an investment pool that seeks to provide mass-affluent investors with a flexible Canadian balanced solution. The equity component is managed by Marie-Eve Savard and Steve Belisle, while the fixed income component is managed by Terry Carr's fixed income desk, including new member, Jean-Pierre D'Agnillo, all now of Manulife Asset Management.
"The Manulife Canadian Growth and Income Private Trust is the latest addition to our successful Manulife Private Investment Pools program," said Saliba. "We are thrilled at the support our Private Investment Pool program has gained in the marketplace since its inception two and half years ago. To be able to add this balanced solution with Marie-Eve, Steve and Jean-Pierre as part of the team at Manulife is very exciting. They have delivered strong risk-adjusted performance as managers of Standard Life Monthly Income Fund, and have the opportunity to continue to deliver a high quality investment outcome to mass affluent investors via this new pool."
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.
Manulife Financial Corporation is a leading international financial services group providing forward-thinking solutions to help people with their big financial decisions. We operate as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. At the end of 2014, we had 28,000 employees, 58,000 agents, and thousands of distribution partners, serving 20 million customers. At the end of June 2015, we had $883 billion (US$708 billion) in assets under management and administration, and in the previous 12 months we made more than $22 billion in benefits, interest and other 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. Follow Manulife on Twitter @ManulifeNews or visit www.manulife.com or www.johnhancock.com.
SOURCE Manulife Financial Corporation
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