Manila, Philippines – Manulife Investment Management and Trust Corporation (Manulife IM [Philippines]) recently launched the Manulife Global Technology Equity Feeder Fund (the “Fund”), a unit investment trust fund (UITF) that offers a growth-oriented, professionally managed and diversified approach to investing in the technology sector.
The Fund invests in a collective investment scheme that aims to achieve capital appreciation by investing at least two-thirds of its net invested assets in equity securities of companies that are expected to benefit from the development, advancement, and use of technology, or in equity or debt securities of any foreign or US issuer, as well as in American, European or Global Depositary Receipts.
Investors can avail of the Fund for as low as Php5,000 or US$100.
“Even before the pandemic became a catalyst for companies’ digitalization efforts, the past few years have seen various technological innovations that disrupted the global business landscape, helping push 8 technology firms to be among the top 10 most valuable companies in terms of market capitalization. Moving forward, the technology sector offers strong growth potential as global digital transformation continues to unfold. Through the Manulife Global Technology Equity Feeder Fund, investors can further diversify their portfolio and have access to the growth of the technology sector’s top performers,” said Aira Gaspar, President and Chief Executive Officer, Manulife IM Philippines.
Rapid acceleration in digital transformation is seen to benefit select industry themes such as cloud computing, e-commerce and Internet-of-Things. Cloud computing is a scalable, flexible, and cost-efficient solution for storing and accessing data over the internet. With the pandemic propelling purchases and transactions online, e-commerce has exceeded the sales growth of traditional retail. The dramatic shift in the demands placed on the home - from serving primarily as family sanctuaries to becoming much more multifunctional and versatile spaces – has brought with it a number of changes in patterns of consumption. On the other hand, Internet-of-Things, which adds internet capability to devices beyond just computers and smartphones, has been disruptive with potential for big winners.
Committed to provide a diversified range of investment solutions for varied investment objectives and risk appetites, Manulife IM Philippines is one of the top investment houses in the country recognized by the leading Asia financial magazine The Asset in the 2021 Benchmark Research Awards.
For more information about the Fund, investors may contact their Wealth Specialists or visit www.manulifeim.com.ph for more details.
About Manulife Investment Management and Trust Corporation
Manulife Investment Management and Trust Corporation is a wholly-owned subsidiary of The Manufacturers Life Insurance Co. (Phils.) Inc. (Manulife Philippines). It acquired its trust and other fiduciary business license from the Bangko Sentral ng Pilipinas in 2017 and started operations in September 2017. It operates under the brand name of Manulife Investment Management, the global wealth and asset management segment of Manulife Financial Corporation. For additional information, please visit www.manulifeim.com.ph.
About Manulife Philippines
The Manufacturers Life Insurance Company opened its doors for business in the Philippines in 1907. Since then, Manulife’s Philippine Branch and later The Manufacturers Life Insurance Co. (Phils.), Inc. (Manulife Philippines) has grown to become one of the country’s leading life insurance companies. Manulife Philippines is a wholly-owned domestic subsidiary of Manulife Financial Corporation, among the world’s largest life insurance companies by market capitalization. Learn more about Manulife Philippines by visiting their website www.manulife.com.ph and following them on Facebook (www.facebook.com/ManulifePH), Twitter (@ManulifePH), and Instagram (@manulifeph).
About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.
As of September 30, 2021, Manulife Investment Management’s assets under management and administration, including assets managed for Manulife’s other segments, totaled CAD $1.1 trillion (US $835 billion). Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
Manulife Financial Corporation is a leading international financial services provider that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our global wealth and asset management segment, we serve individuals, institutions and retirement plan members worldwide. At the end of 2020, we had more than 37,000 employees, over 118,000 agents, and thousands of distribution partners, serving over 30 million customers. As of September 30, 2021, we had CAD$1.4 trillion (US$1.1 trillion) in assets under management and administration, and in the previous 12 months we made CAD$31.6 billion in payments to our customers.
Our principal operations are in Asia and Canada, and the United States, where we have served customers for more than 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit www.manulife.com
The products and services of Manulife Investment Management and Trust Corporation are trust and/or investment solutions and NOT deposit accounts, obligations of, guaranteed, or insured by the company, its parent company or its affiliates. The Fund/s are not insured or governed by the Philippine Deposit Insurance Corporation (PDIC). Due to the nature of the investment, yields and potential yields cannot be and are not guaranteed. Any loss/income arising from market fluctuations and price volatility of the securities held by the Fund/s, even if invested in government securities, is for the account of the client/participant. As such, the units of participation of the investor in the Fund/s, when redeemed, may be worth more or be worth less than his/her initial investment contributions. When presented, historical performance is purely for reference purposes and is not a guarantee of similar future results. Manulife Investment Management and Trust Corporation is not liable for losses unless upon willful default, bad faith, or gross negligence on its part.
Manulife Investment Management and Trust Corporation, its products and services are regulated and governed by the Bangko Sentral ng Pilipinas (BSP) with telephone number (02) 8708-7087 and email address firstname.lastname@example.org. For inquiries or complaints relating to our products and services, you may call our Customer Care Hotline at (02) 8884-7000 or send an email to email@example.com. To know your rights under BSP Circular No. 857 (Regulations on Financial Consumer Protection), please access a copy at the BSP website (www.bsp.gov.ph).