Manulife Investment Management Announces Three Smart ETF Segregated Funds
C$ unless otherwise stated
TORONTO, Sept. 13, 2021 /CNW/ - Manulife Investment Management is introducing new offerings on the segregated fund platform today. Now available are three new Manulife Smart Exchange Traded Funds (ETFs) segregated funds. The one fixed income and two dividend funds build on the popularity of Manulife Investment Management's Smart ETFs launched last November and can offer investors access to key asset classes via innovative, active strategies, with competitive fees.
Manulife Investment Management is the first Canadian financial institution to offer single asset category ETFs in a segregated fund. These new segregated funds are available in the Manulife Private Investment Pools—MPIP Segregated Pools and Manulife GIF Select InvestmentPlus contracts. Manulife Smart Corporate Bond ETF segregated fund aims to help investors earn income while preserving capital. Manulife Smart Dividend ETF and Manulife Smart U.S. Dividend ETF segregated funds are tailored for investors looking to generate steady income with dividends that have potential for consistency and growth.
"We're excited to bring these new Manulife Smart ETFs to the segregated fund platform as innovative solutions for investors and to make active ETFs available to a wider range of Canadians," says Marie Gauthier, Head of Pricing & Guaranteed Investment Products. "The new Manulife Smart ETF segregated funds bring together the quality of management of our ETF platform, while embracing the easy-to-access and flexible nature of our segregated fund contracts."
The offerings deliver an efficient and effective way to combine actively managed ETFs with segregated fund contract estate planning advantages:
The Manufacturers Life Insurance Company is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guarantee provisions therein. Any amount that is allocated to a segregated fund is invested at the risk of the contract holder and may increase or decrease in value. Manulife Investment Management is a trade name of The Manufacturers Life Insurance Company.
About Manulife Investment Management
As of June 30, 2021, Manulife Investment Management's assets under management and administration, including assets managed for Manulife's other segments, totaled CAD $1.0 trillion (US $834 billion). Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
SOURCE Manulife Investment Management
Company Codes: Toronto:MFC, NYSE:MFC, Manila:MFC, HongKong:0945, AMEX:MFC, Toronto:CBND, Toronto:CDIV, Toronto:UDIV.B
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