Manulife Investment Management Limited Announces Changes to Fund Platform
- Editor
- Feb 18
- 1 min read
Whats Happening:
Manulife Investment Management Limited is making significant changes to its fund platform. The fund is proposing a merger of Manulife Global Thematic Opportunities Fund into Manulife Global All Cap Focused Fund, along with investment objective changes for both funds. Additionally, Manulife IM will terminate several funds to streamline its platform of actively managed investments.
Key Moves:
Proposed merger of Manulife Global Thematic Opportunities Fund into Manulife Global All Cap Focused Fund
Investment objective changes for Manulife Global All Cap Focused Fund and Manulife Global Thematic Opportunities Class
Termination of six funds, including Manulife Asia Equity Class and Manulife China Class
By The Numbers:
Management fee for Manulife Global All Cap Focused Fund Advisor Series/Series T reduced from 1.96% to 1.80%
Management fee for Manulife Global Thematic Opportunities Class Advisor Series/Series T reduced from 1.87% to 1.85%
Six funds to be terminated on or about May 23, 2025
Key Quotes:
"These fund terminations help streamline Manulife IM's fund platform of actively managed investments and further its commitment to offering diverse products that are in demand by Canadian investors to help them achieve their investment goals."
Bottom Line:
Manulife Investment Management Limited is restructuring its fund platform to streamline offerings and enhance value for investors. The proposed changes, including fund mergers, investment objective modifications, and terminations, aim to create a more focused and efficient portfolio of actively managed investments tailored to meet the evolving needs of Canadian investors.
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