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Manulife’s new UITF invests in global healthcare equities

Manila, January 18, 2021- Manulife Asset Management Trust Corporation recently launched the Manulife Global Healthcare Equity Feeder Fund (the “Fund”), an equity feeder unit investment trust fund (UITF) that provides investment opportunities in healthcare-related companies listed globally. Investors may access the Fund for as low as Php5,000 or US$100. 

“The global healthcare industry presents potentially profitable long-term investment opportunities in advancements focused on disease prevention, as in the case of the COVID-19 vaccine, as well as developments in Central Nervous System disorders (CNS), obesity or metabolic syndrome, and other rare cases. Around the world, we see increases in health-related expenditures, particularly in countries with aging populations,” said Aira Gaspar, President and Chief Executive Officer of Manulife Asset Management and Trust Corporation. “The Fund will enable investors to take advantage of the healthcare sector’s exciting growth potential at a time when its value to economies and societies has become more important,” she added.

The Fund’s target fund (Manulife Global Fund - Healthcare Fund) invests in accordance to its guiding principles to drive fund performance. The target fund seeks innovative companies that have achieved groundbreaking progress in understanding previously untreatable or undertreated conditions. The target fund also seeks underappreciated market opportunities related to medical breakthroughs and companies that are well-positioned to bend the healthcare cost curve via products, services, or technologies.

Manulife Asset Management and Trust Corporation was recognized as one of the Philippines’ top investment houses by The Asset Benchmark Research Review 2020, with award-winning fund managers ranked among the country’s most astute investment professionals.

Investors interested in the Fund may contact their Wealth Specialists or visit www.manulifeim.com.ph for more information.

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About Manulife Asset Management and Trust Corporation

Manulife Asset Management and Trust Corporation is a wholly-owned subsidiary of The Manufacturers Life Insurance Co. (Phils.) Inc. (Manulife Philippines). It provides investment solutions to both retail and institutional clients. The Company started its operations in September 2017. It is part of Manulife Investment Management, the global asset management arm of Manulife.

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 wealth and asset management segment of Manulife Financial Corporation. We draw on more than a century of financial stewardship and our parent company’s full resources 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 17 countries and territories. 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. We believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors worldwide 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, 2020, Manulife Investment Management had CAD$923 billion (US$692 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and their lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States. We provide financial advice, insurance, and wealth and asset management solutions for individuals, groups, and institutions. At the end of 2019, we had more than 35,000 employees, over 98,000 agents, and thousands of distribution partners, serving almost 30 million customers. As of September 30, 2020, we had $1.3 trillion (US$943 billion) in assets under management and administration, and in the previous 12 months, we made $31.2 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 155 years. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

Disclaimer

The Manulife Asset Management and Trust Corporation’s products and services are trust and/or investment solutions and NOT deposit accounts, obligations of, guaranteed, or insured by the Trustee 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 Asset Management and Trust Corporation is not liable for losses unless upon willful default, bad faith, or gross negligence on its part.

Manulife Asset 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 consumeraffairs@bsp.gov.ph. 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 phcustomercare@manulife.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).

 

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