Manulife Launches Two New Mandates within the Manulife Private Investment Pools
Adds Manulife Balanced Income Private Trust and Manulife Balanced Private
Trust to popular investment program for affluent investors
TORONTO, June 10, 2013 /CNW/ - Manulife Investments announced today that it
has added two new options to its lineup of Manulife Private Investment Pools:
Manulife Balanced Income Private Trust and Manulife Balanced Private Trust.
While Manulife Private Investment Pools were first offered for sale to
investors in December 2012, the corporate class versions of these pools were
capped as a result of the recent Federal Budget announcement. The launch of
the two trust versions rounds out the suite of balanced pools, ensuring a
comprehensive range of pools from which investors may choose.
"Manulife is pleased to provide advisors with these investment options for
their affluent clients," said Derek Saliba, Head of Mutual Funds Product.
"This program enables advisors to develop an investment strategy that reflects
their clients' goals for income, growth and capital preservation, while
providing tax efficiency, household account-linking, and competitive fees."
The two new pools, managed by Manulife Asset Management and offered in a trust
-- Manulife Balanced Income Private Trust, which invests in a mix
of income-oriented equity and fixed income investment funds.
Managed by Manulife Asset Management (U.S.), LLC's Portfolio
Solutions Group (Steve Medina, Bob Boyda, and Scott McIntosh),
this is a diversified, income-tilted balanced solution with a
target asset allocation of 70 percent fixed income and 30
-- Manulife Balanced Private Trust, which offers investors
balanced exposure to dividend-paying equities and global fixed
income securities. This strategy targets a neutral mix of 50
percent equities and 50 percent fixed income under normal
market conditions, and is managed by Sandy Sanders, Walter
McCormick, Dan Janis III, Tom Goggins, and Dennis McCafferty of
Manulife Asset Management (U.S.), LLC
The minimum investment for the Manulife Private Investment Pools is $150,000
per pool, per account.
Additional information may be found at manulifeprivateinvestmentpools.ca.
About Manulife Asset Management
Manulife Asset Management is the global asset management arm of Manulife
Financial. Manulife Asset Management provides comprehensive asset management
solutions for institutional investors and investment funds in key markets
around the world. Manulife Asset Management also provides investment
management services to affiliates' retail clients through product offerings of
Manulife and John Hancock. This investment expertise extends across a broad
range of asset classes including equity, fixed income and alternative
investments such as real estate, timber, farmland, as well as asset allocation
Manulife Asset Management has offices with full investment capabilities in the
United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore,
Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In
addition, it has a joint venture asset management business in China, Manulife
TEDA. It also has operations in Australia, New Zealand, Brazil and Uruguay.
John Hancock Asset Management, Hancock Natural Resource Group and Declaration
Management and Research are units of Manulife Asset Management.
About Manulife Investments
Manulife Investments is the brand name describing certain Canadian
subsidiaries and operating divisions of Manulife Financial Corporation that
offer personal wealth management products and services in Canada. 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, guaranteed interest contracts and structured products.
About Manulife Financial
Manulife Financial is a leading Canada-based financial services group with
principal operations in Asia, Canada and the United States. Clients look to
Manulife for strong, reliable, trustworthy and forward-thinking solutions for
their most significant financial decisions. Our international network of
employees, agents and distribution partners offers financial protection and
wealth management products and services to millions of clients. We also
provide asset management services to institutional customers. Funds under
management by Manulife Financial and its subsidiaries were C$555 billion
(US$547 billion) as at March 31, 2013. The Company operates as Manulife
Financial in Canada and Asia and primarily as John Hancock in the United
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and
under '945' on the SEHK. Manulife Financial can be found on the Internet at
Commissions, trailing commissions, management fees and expenses all may be
associated with mutual fund investments. Please read the prospectus before
investing. Mutual funds are not guaranteed, their values change frequently and
past performance may not be repeated. Manulife Funds (including the Trust
Pools) and Manulife Corporate Classes (including the Class Pools) are managed
by Manulife Mutual Funds.
Brian Carmichael, Manulife Financial, 617-663-4748,
SOURCE: Manulife Mutual Funds
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CO: Manulife Mutual Funds
NI: FIN FND NP
-0- Jun/10/2013 18:36 GMT
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