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Manulife Investments Lowers Risk Rating on Five Funds and Caps Certain Funds

T.MFC

TSX/NYSE/PSE: MFC  SEHK:945

TORONTO, July 22, 2015 /CNW/ - Manulife Investments, a division of Manulife Asset Management Limited, today announced that it will lower the risk rating on five of its mutual funds and cap certain other funds.

Manulife Investments has determined it is appropriate to lower the risk rating for the following funds, effective on or about July 31, 2015. No changes have been made to the investment objectives, strategies or management of these 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".

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

For more information, please visit manulifemutualfunds.ca or contact Manulife Investments at the following telephone numbers:

English: 1-888-588-7999
French: 1-877-426-9991

About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited, builds on 125 years of Manulife's wealth and investment management expertise in managing assets for Canadian investors. As one of Canada's leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated fund contracts, mutual funds, annuities and guaranteed interest contracts.

About Manulife
Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. We operate as John Hancock in the U.S. and as Manulife in other parts of the world. We provide strong, reliable, trustworthy and forward-thinking solutions for our customers' significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Assets under management by Manulife and its subsidiaries were approximately C$821 billion (US$648 billion) as at March 31, 2015.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com

 

SOURCE Manulife Financial Corporation

Media contact:
Bev MacLean
Manulife
416-852-8501
Beverley_Maclean@manulife.com
@ManulifeNews

Copyright CNW Group 2015
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