Canada NewsWire
TORONTO, Sept. 18, 2018
C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO , Sept. 18, 2018 /CNW/ - Manulife Investments announced today several changes to its mutual fund platform. In an effort to streamline and improve the experience for investors and advisors, Manulife Investments will make the following changes:
Changes Effective on or about September 25th, 2018
Changes Effective on or about October 4th, 2018
"As we enter a market environment that may be characterized by more modest growth in equity markets, where interest rates continue to rise, the addition of these strategies has the potential to improve the risk/reward characteristics of the Manulife Strategic Dividend Bundle," said James Robertson, Head of Asset Allocation, Canada, Senior Portfolio Manager, Manulife Asset Management.
Changes Effective on or about October 31st, 2018
As announced August 2nd, 2018 sub-advisory responsibilities for Manulife International Value
Equity Fund and Manulife International Focused Fund will transition from Manulife Asset
Management (US) LLC to Pictet Asset Management Limited effective on or about October 31st,
2018. In connection with this transition the following will also take place on this date:
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.
About Manulife
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 June 30, 2018, we had over $1.1 trillion (US$849 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
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