Manila, Philippines - Manulife Investment Management and Trust Corporation (Manulife IM Philippines) announces that it has recently lowered its minimum investment amount for all its funds from PHP 5,000 to PHP 1,000 starting March 2023, making investing in local and global Unit Investment Trust Funds (UITFs) even more accessible to more Filipinos. In addition, the following funds will shift from semi-annual to monthly income payouts starting August 1, 2023, allowing investors to see more frequent growth in their investments:
Manulife’s Asia Pacific REIT Fund of Funds, which invests in a diversified portfolio of exchange-listed REITs in the Asia Pacific region, will continue to have semi-annual payouts but will have a lowered minimum investment amount of Php 1,000 starting March 2023.
Investors can receive their monthly income payouts via credit to their bank accounts or arrange for them to be topped up to their funds so these can grow further over time. Income payouts lower than PHP 100 or US$20 will be automatically reinvested into investors’ respective funds to enable them to earn more income over time.
Interested investors may contact a Manulife Wealth Specialist or visit www.manulifeim.com.ph for more details. These funds are also available on Manulife iFunds, an easy-to-use one-stop digital fund investment platform that allows investors to manage their portfolios anytime, anywhere.
Manulife IM Philippines has 19 Funds available, providing investors access to local and global investment opportunities depending on their goals, needs, and risk profiles. In 2022, the Company already became one of the country's largest fund managers, with more than Php162.6 billion in assets under management (AUM), a net income of Php84.3 million, and a customer base of over 13,000 investors.
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 licenses from the Bangko Sentral ng Pilipinas in 2017 and started operations in 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 Investment Management
Manulife Investment Management is the global brand for 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 extensive capabilities in public and private markets are strengthened by an investment footprint that spans 19 geographies. 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. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
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 manulife.com.ph and following them on Facebook (facebook.com/ManulifePH), Twitter (@ManulifePH), and Instagram (@manulifeph).
About Manulife
Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives 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.
Media Contacts:
John Robert Sion
Manulife Philippines
Dessa Virtusio
Virtusio PR International, Inc.
(+632) 631-9479