C$ unless otherwise
stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, Nov. 25, 2020 /CNW/ - Manulife Investment
Management announced five new Smart Exchange-Traded Funds (ETFs)
have closed their initial offering of units and will begin trading
on the Toronto Stock Exchange today. The three Canadian fixed
income ETFs and two equity ETFs will provide investors with the
opportunity to access the growing popularity of the ETF structure
while taking advantage of Manulife's investment expertise with
active quantitative strategies.
Manulife Smart Dividend ETF and Manulife Smart U.S. Dividend ETF
are tailored for Canadian investors looking for income producing
investments that can provide a steady cash flow stream. They seek
to provide a steady flow of income and long-term capital
appreciation by investing in a diversified portfolio of dividend
paying securities.
Manulife Smart Short-Term Bond ETF, Manulife Smart Core Bond ETF
and Manulife Smart Corporate Bond ETF aim to support investors
looking to generate steady income in their investment. They seek to
earn the highest level of income consistent with the preservation
of capital by investing in a diversified portfolio of fixed income
securities.
"Manulife Investment Management's new exchange-traded funds have
an attractive price point within their respective categories, which
offer a good balance between price and the potential to
outperform," said Bernard Letendre,
Head of Wealth and Asset Management, Canada. "Adding these new Manulife ETFs are
part of our commitment to investors to provide them with the most
amount of value."
ETF
name
|
Ticker
|
Manulife Smart
Short-Term Bond ETF
|
TERM
|
Manulife Smart Core
Bond ETF
|
BSKT
|
Manulife Smart
Corporate Bond ETF
|
CBND
|
Manulife Smart
Dividend ETF
|
CDIV
|
Manulife Smart U.S.
Dividend ETF
|
UDIV
(hedged)
UDIV.B
(unhedged)
|
Manulife Investment Management is always looking to expand its
line up to meet the growing and diverse needs of investors. The new
Manulife Smart ETFs showcase our active management capabilities and
commitment to offering investors investment options at different
price points.
Manulife ETFs are managed by Manulife Investment Management
Limited (formerly named Manulife Asset Management Limited).
Manulife Investment Management is a trade name of Manulife
Investment Management Limited. Commissions, management
fees and expenses all may be associated with exchange traded funds
(ETFs). Investment objectives, risks, fees, expenses and other
important information are contained in the ETF Facts as well as the
prospectus, please read before investing. ETFs are not guaranteed,
their values change frequently, and past performance may not be
repeated.
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 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 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, 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, 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 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.
SOURCE Manulife Investment Management