Manulife rolls out 7 new fund mandates

Manulife Mutual Funds has announced the launch of seven new funds, all managed by Manulife Asset Management. Three of the new funds are available in both trust and corporate class.

“We know that advisors look to Manulife Mutual Funds for high quality investment solutions that their clients both need and want, and so we are very pleased to offer new options in the areas of balanced yield and balanced Canadian equity, dividend income and corporate bonds,” said Paul Lorentz, president of Manulife Investments.

The new funds include:

Manulife Strategic Balanced Yield Fund/Class will invest in a diversified portfolio of U.S. and Canadian dividend paying equity securities and fixed income securities. The equity portion and overall portfolio management will be run by Walter McCormick and Sandy Sanders. The fixed income portion will be managed by Daniel Janis and Tom Goggins.

Manulife Dividend Income Fund/Class will invest primarily in a diversified portfolio of Canadian dividend paying common and preferred equity securities. The lead manager is Jonathan Popper, who is also co-manager of the Manulife Monthly High Income Fund.

Manulife Canadian Equity Balanced Fund/Class will have a target allocation of 65-70% in equities, with the remainder invested across a variety of fixed income asset classes and money market. The lead manager for the equity portion is Monika Skiba, with fixed income managed by Terry Carr.

Manulife Corporate Bond Class is a corporate class version of the existing Manulife Corporate Bond Fund, managed by Terry Carr.

All of the new funds offered in Advisor, F, I, IT and T6 Series.

Staff

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