Manulife Investments has announced that it will lower the risk rating on five of its mutual funds and cap certain other funds.
The lowered risk ratings, effective on or about July 31, 2015, are for the following funds:
Manulife Diversified Strategies Fund – from “low to medium” to “low”
Manulife Special Opportunities Class – from “high” to “medium”
Manulife China Class – from “high” to “medium to high”
Manulife Global Real Estate Class – from “medium to high” to “medium”
Manulife Global Real Estate Fund – from “medium to high” to “medium”
No changes have been made to the investment objectives, strategies or management of these funds.
Also, due to limited investor demand, on July 31, 2015, Manulife Investments will cease offering the U.S. Dollar Purchase Option series of all funds listed below, and all series of the Manulife Canadian Bond Fund. Instead of the U.S. Dollar Purchase Option, investors interested in purchasing investments in U.S. dollars have the option of choosing U.S. Dollar Funds. Manulife Investments offers four pure U.S. dollar funds: two fixed income, one balanced and one equity.
The following funds are capped to all new and ongoing purchases. Any existing pre-authorized chequing plans, Group Plan Purchases and RESP incentives to the Manulife Canadian Bond Fund will be directed to a money market fund managed by Manulife Investments, unless securityholders advise otherwise.
| All Series Capping |
| MANULIFE CANADIAN BOND FUND |
| US Dollar Purchase Option Capping |
| MANULIFE ASIA TOTAL RETURN BOND FUND |
| MANULIFE CORPORATE BOND FUND |
| MANULIFE DIVERSIFIED STRATEGIES FUND |
| MANULIFE EMERGING MARKETS DEBT FUND |
| MANULIFE GLOBAL ALL CAP FOCUSED FUND |
| MANULIFE GLOBAL BALANCED FUND |
| MANULIFE GLOBAL DIVIDEND FUND |
| MANULIFE GLOBAL FOCUSED BALANCED FUND |
| MANULIFE GLOBAL FOCUSED FUND |
| MANULIFE GLOBAL INFRASTRUCTURE FUND |
| MANULIFE GLOBAL REAL ESTATE FUND |
| MANULIFE GLOBAL STRATEGIC BALANCED YIELD FUND |
| MANULIFE GLOBAL TACTICAL CREDIT FUND |
| MANULIFE HIGH YIELD BOND FUND |
| MANULIFE INTERNATIONAL FOCUSED FUND |
| MANULIFE INTERNATIONAL VALUE EQUITY FUND |
| MANULIFE LEADERS OPPORTUNITIES PORTFOLIO |
| MANULIFE STRATEGIC INVESTMENT GRADE GLOBAL BOND FUND |
| MANULIFE U.S. DIVIDEND REGISTERED FUND |
| MANULIFE U.S. LARGE CAP EQUITY FUND |
| MANULIFE U.S. MONTHLY HIGH INCOME FUND |
| MANULIFE U.S. OPPORTUNITIES FUND |
| MANULIFE U.S. TACTICAL CREDIT FUND |
| MANULIFE VALUE FUND |
| MANULIFE WORLD INVESTMENT FUND |
| MANULIFE YIELD OPPORTUNITIES FUND |
| MANULIFE ASIA EQUITY CLASS |
| MANULIFE CANADIAN FOCUSED CLASS |
| MANULIFE GLOBAL DIVIDEND CLASS |
| MANULIFE GLOBAL FOCUSED CLASS |
| MANULIFE GLOBAL INFRASTRUCTURE CLASS |
| MANULIFE GLOBAL REAL ESTATE CLASS |
| MANULIFE MONTHLY HIGH INCOME CLASS |
| MANULIFE SPECIAL OPPORTUNITIES CLASS |
| MANULIFE U.S. ALL CAP EQUITY CLASS |
| MANULIFE U.S. DIVIDEND CLASS |
| MANULIFE U.S. LARGE CAP EQUITY CLASS |
| MANULIFE U.S. OPPORTUNITIES CLASS |
| MANULIFE WORLD INVESTMENT CLASS |
| MANULIFE BALANCED INCOME PRIVATE TRUST |
| MANULIFE CORPORATE FIXED INCOME PRIVATE TRUST |
| MANULIFE GLOBAL BALANCED PRIVATE TRUST |
| MANULIFE GLOBAL FIXED INCOME PRIVATE TRUST |
| MANULIFE U.S. BALANCED PRIVATE TRUST |
| MANULIFE U.S. FIXED INCOME PRIVATE TRUST |
| MANULIFE BALANCED EQUITY PRIVATE POOL |
| MANULIFE GLOBAL EQUITY PRIVATE POOL |
| MANULIFE U.S. EQUITY PRIVATE POOL |
| MANULIFE U.S. BALANCED VALUE PRIVATE TRUST |