Manila, Philippines - Manulife Investment Management and Trust Corporation (Manulife IM Philippines) recently launched another first-in-the-market strategy, the Manulife Global Money Market Feeder Fund (the “Fund”), which is a unit investment trust fund (UITF) that aims to generate competitive US dollar money market returns to better preserve capital.
The new Fund gives investors access to a portfolio of high-quality credit rating, global short-term investments, specifically money market instruments that are denominated in US dollars or hedged against the US dollar, with an average portfolio maturity of ninety (90) days or less. Investors may access the Fund for as low as USD 100.
“Money market securities are resilient across interest rate cycles, providing a cushion against market volatility. The Manulife Global Money Market Feeder Fund seeks to deliver steady returns that can help enhance the performance of one’s investment portfolio,” said Aira Gaspar, President and CEO, Manulife IM Philippines.
The Fund invests in a collective investment scheme (the “Target Fund”) that has consistently generated positive net performance over the past decade. It is the newest among Manulife IM Philippines’ distinctive suite UITFs for varied investment objectives and risk appetites.
Interested investors may open a UITF account online through Manulife iFUNDS, a secure digital investment platform that makes it easy and convenient for investors to manage their UITF investments. For more information on the investments that best suit your investment goals, you may contact a Manulife Wealth Specialist or visit manulifeim.com.ph.
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 manulifeim.com.ph.
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and live 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 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. 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 manulife.com.
About Manulife Investment Management
Manulife Investment Management is the brand for the global wealth and asset management segment of Manulife Financial Corporation. Our mission is to make decisions easier and lives better by empowering investors for a better tomorrow. Serving more than 17 million individuals, institutions, and retirement plan members, we believe our global reach, complementary businesses, and the strength of our parent company position us to help investors capitalize on today’s emerging global trends. We provide our clients access to public and private investment solutions across equities, fixed income, multi-asset, alternative, and sustainability-linked strategies, such as natural capital, to help them make more informed financial decisions and achieve their investment objectives. Not all offerings are available in all jurisdictions.
For additional information, please visit manulifeim.com.
Media Contacts:
John Robert Sion
Manulife Philippines
Dessa Virtusio
Virtusio PR International, Inc.
(+632) 631-9479
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