Tuesday, May 18, 2021

Manulife Investment Management’s UITFs lead PH’s top-performing offshore funds

 

Manulife Investment Management and Trust Corporation’s top-performing unit investment trust funds (UITFs) delivered more than 50% Year-on-Year (YoY) growth as of March 2021. These UITFs, available in both peso and US dollar currencies, include:

Manulife American Growth Equity Feeder Fund with 63.51% and 70.56% YoY performance in peso and dollar, respectively, invests in a distinct portfolio of equity-related securities of large capitalization North American companies with sustainable competitive advantages and trade at a discount to their intrinsic value.

Manulife Dragon Growth Equity Feeder Fund with 54.36% and 61.23% YoY performance in peso and dollar, respectively, invests in a portfolio of equity-related securities of public companies which are listed in Hong Kong, and/or, although not listed in Hong Kong, are listed on a stock exchange in another jurisdiction and have any substantial business interests in Hong Kong and/or China.

Manulife Asia Best Select Equity Fund with 51.33% and 58.03% YoY performance in peso and dollar, respectively, invests in a portfolio of securities of companies listed on stock markets in and/or incorporated in and/or with significant business interests in Asia.

The Firm’s wide suite of innovative offshore UITFs, which include industry-leading, top-performing funds, reflect its access to the global investment capabilities and resources of Manulife Investment Management, the global wealth and asset management segment of Manulife Financial Corporation. Consistent with the global corporate brand refresh, the Firm now operates under the brand name of Manulife Investment Management. Based in Canada, Manulife Investment Management has leading capabilities in public and private markets and operates in 17 countries and territories.

“Amidst the low interest rate environment, we provide our clients access to a diverse range of distinctive UITFs for them to use to grow their wealth and/or receive recurring income, as they navigate the new realities today and prepare for their future,” said Aira Gaspar, Manulife Investment Management and Trust Corporation President and Chief Executive Officer. “Aligned with Manulife Investment Management’s goal to communicate our market presence more simply, clearly, and consistently wherever we operate, we have transitioned to the Manulife Investment Management brand, strengthening our position of being part of a unified global brand, as well as our commitment to help more and more people achieve their financial aspirations through innovative solutions for managing their wealth”.

In 2020, Manulife Investment Management and Trust Corporation (previously known as Manulife Asset Management and Trust Corporation) received recognition from The Asset’s Benchmark Research Awards 2020 as one of the Philippines’ top investment houses. Two of the Firm’s portfolio managers were also ranked among the country’s “Most Astute Investors in Asian local currency bonds”.

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