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TORONTO, April 25, 2022 /CNW/ – Manulife Investment Management has announced that two new mid-cap US equity funds, sub-advised by Mawer Investment Management Ltd. (Mawer), are offered to retail investors in Canada.
The investment objective of the Manulife U.S. Mid-Cap Equity Fund is to provide above-average risk-adjusted long-term returns by investing primarily in equity and equity-related securities of mid-cap U.S. entities. capitalization. Treasury bills or short-term investments, with maturities not exceeding three years, may also be used from time to time.
The Manulife US Dollar US Mid-Cap Equity Fund is a stand-alone US dollar version of the Manulife US Mid-Cap Equity Fund.
“U.S. mid-cap stocks have historically produced positive growth potential. We believe the funds will create an opportunity for our clients to make the most of a unique risk-reward opportunity,” said Yanic ChagnonHead of Investment Products, Manulife Investment Management, Canada.
The fund is sub-advised by Mawer Investment Management Ltd., an independent private investment firm founded in 1974, which manages approximately $88 billion of assets for private and institutional investors (in December 31, 2021).
“The launch of this fund is a natural extension for us,” said Jeff Mo (CFA), portfolio manager, Mawer Investment Management which manages the fund. “We have decades of success investing in U.S. mid-cap equities and small-to-medium sized companies globally. Our long history of knowledge coupled with our proven investment philosophy enables us to offer this exciting new specialty equity product to our clients and investors,” said Mo.
To learn more about the Manulife US Mid Cap Equity Fund, click here.
The Manulife U.S. Mid Cap Segregated Fund will be available in certain segregated fund contracts on or about May 24, 2022subject to regulatory approval.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts and prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated. Manulife Funds are managed by Manulife Investment Management Limited.
The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife Segregated Funds and the guarantor of all warranty provisions contained therein. Any amount allocated to a segregated fund is invested at the risk of the contract holder and its value may increase or decrease. Manulife Investment Management is a trade name of The Manufacturers Life Insurance Company and Manulife Investment Management Limited. Manulife, Manulife Investment Management, the stylized M design and Manulife Investment Management and the stylized M design are trademarks of The Manufacturers Life Insurance Company and are used by it 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.
Manulife Financial Corporation is a leading international provider of financial services that helps people make decisions easier and live better lives. 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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