Manulife Investment Management announces management fee reductions for seven mutual funds

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TORONTO, February 28, 2022 /CNW/ – Manulife Investment Management today announced management fee reductions for seven of its mutual funds, effective on or about March 1, 2022.

Manulife Investment Management logo (CNW Group/Manulife Investment Management)

Reduced mutual fund management fees

Fund name

Series

Existing management fees (%)

New management fees (%)

Manulife Global Balanced Fund

Advisor Series/T-Series

1.91

1.81

F-Series/FT-Series

0.82

0.72

Manulife Global Monthly High Income Fund

Advisor Series/T-Series

2.00

1.86

F-Series/FT-Series

0.90

0.76

Manulife Global Monthly High Income Class

Advisor Series/T-Series

2.00

1.86

F-Series/FT-Series

0.90

0.76

Manulife Conservative Portfolio

Advisor Series/T-Series

1.56

1.44

F-Series/FT-Series

0.81

0.69

Manulife Moderate Portfolio

Advisor Series/T-Series

1.80

1.70

F-Series/FT-Series

0.80

0.70

Manulife Balanced Portfolio

Advisor Series/T-Series

1.89

1.77

F-Series/FT-Series

0.89

0.77

Manulife Growth Portfolio

Advisor Series/T-Series

1.94

1.84

F-Series/FT-Series

0.94

0.84

Manulife Investment Management is committed to continually reviewing its product lineup to ensure it evolves to meet the needs of investors and advisors. The management fee reduction is expected to have a corresponding impact on the fund’s management expense ratio over time.

“We are constantly working to ensure that our funds are competitively priced and provide value to our clients. A recent review of our range identified an opportunity to improve our pricing attractiveness on certain products, including our mutual fund asset allocation portfolios and certain global balanced funds. mentioned Yanic ChagnonHead of Investment Products, Manulife Investment Management, Canada.

Commissions, trailing commissions, management fees and expenses all may be associated with investing in mutual funds and using an asset allocation service. Please read the fund facts and prospectus of the mutual funds in which investments may be made under the asset allocation service before investing. Mutual funds are not guaranteed, their values ​​change frequently and past performance may not be repeated. Manulife Funds, Manulife Corporate Classes and Manulife Asset Allocation Portfolios are managed by Manulife Investment Management Limited. Manulife Investment Management is a trading name of Manulife Investment Management Limited. Manulife, Manulife Investment Management, the stylized M and Manulife Investment Management and the stylized M are trademarks of The Manufacturers Life Insurance Company and are used by The Manufacturers Life Insurance Company and its affiliates under licence.

About Manulife Investment Management
Manulife Investment Management is the global brand for the global wealth and asset management business of Manulife Financial Corporation. We draw on more than a century of financial stewardship and all the resources of our parent company to serve individuals, institutions and pension plan members around the world. Based at Toronto, our industry-leading capabilities in public and private markets are bolstered by an investment footprint that spans 18 geographies. We complement these capabilities by providing access to a network of unaffiliated asset managers around the world. We are committed to investing responsibly in our business. We develop innovative global frameworks for sustainable investing, collaborate 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 pension plans. Today, plan sponsors around the world rely on our expertise in pension plan administration and investment to help their employees plan, save and live a better retirement. Not all offers are available in all jurisdictions. For more information, please visit manulifeim.com.

About Manulife
Manulife Financial Corporation is a leading international provider of financial services that helps people make decisions easier and live better. With our global headquarters in Toronto, Canadawe provide financial advice and insurance, trading as Manulife across Canada, Asiaand Europeand mainly as John Hancock in United States. Through Manulife Investment Management, the global brand for our global wealth and asset management business, we serve individuals, institutions and pension plan members around the world. Our main operations are in Asia and Canadaand United States, where we have been serving our customers for over 155 years. We trade as “MFC” on the Toronto, New Yorkand Philippine stock exchanges and under ‘945’ in hong kong. Over the past 12 months, we have made 31.8 billion Canadian dollars in payments to our customers.

Not all offers are available in all jurisdictions. For more information, visit manulife.com.

SOURCE Manulife Investment Management

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