C$ unless otherwise stated
TSX/NYSE/PSE: MFC SEHK: 945
TORONTO, April 5, 2018 /CNW/ - Manulife Investments today
announced the receipt of the required approvals from securityholders to proceed with the previously announced mutual fund mergers
and investment objective changes.
Applicable securityholders of each of the following terminating and/or continuing funds have provided their approval of the
applicable fund mergers:
|
Terminating Fund
|
Continuing Fund
|
Merger Date
– On or
about:
|
|
Manulife Asia Total Return Bond
Fund
|
Manulife Global Tactical Credit Fund
|
April 20, 2018
|
|
Manulife U.S. Dollar Floating Rate
Income Fund
|
Manulife U.S. Dollar Strategic Income Fund
|
April 20, 2018
|
|
Manulife Canadian Opportunities
Balanced Class
|
Manulife Canadian Monthly Income
Class
|
April 20, 2018
|
|
Manulife Preferred Income Class
|
Manulife Dividend Income Class
|
April 20, 2018
|
|
Manulife Canadian Opportunities
Class
|
Manulife Canadian Stock Class
|
April 20, 2018
|
|
Manulife Money Fund
|
Manulife Money Market Private Trust
|
May 25, 2018
|
|
Manulife Short Term Bond Fund
|
Manulife Money Market Private Trust
|
May 25, 2018
|
|
Manulife Canadian Corporate Bond
Fund
|
Manulife Canadian Bond Plus Fund
|
May 25, 2018
|
|
Manulife High Yield Bond Fund
|
Manulife U.S. Tactical Credit Fund
|
May 25, 2018
|
|
Manulife Emerging Markets Debt
Fund
|
Manulife Global Tactical Credit Fund
|
May 25, 2018
|
|
Manulife Emerging Markets Class
|
Manulife Emerging Markets Fund
|
May 25, 2018
|
|
Manulife U.S. Fixed Income Private
Trust
|
Manulife Global Fixed Income
Private Trust
|
May 25, 2018
|
Notwithstanding the receipt of the requisite securityholder approval, the mergers of these funds also require the approval of
the Canadian securities regulators before such mergers may be affected.
The following merger proposals were withdrawn prior to the meeting and will not be implemented at this time:
|
Terminating Fund
|
Continuing Fund
|
|
Manulife Canadian Dividend Growth Class
|
Manulife Canadian Dividend Income Class
|
|
Manulife Tactical Income Fund
|
Manulife Canadian Monthly Income Class
|
|
Manulife U.S. Dividend Income Class
|
Manulife U.S. Dividend Income Fund
|
Results of Vote on Investment Objective Changes
Applicable securityholders of each of the following funds have provided their approval for an investment objective change
effective April 6, 2018:
- Manulife Dividend Income Private Pool
- Manulife Dividend Income Fund
- Manulife Dividend Income Class
- Manulife Canadian Focused Fund
- Manulife Canadian Focused Class
- Manulife Money Market Private Trust
- Manulife Canadian Bond Plus Fund
- Manulife Dollar-Cost Averaging Fund
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 and its affiliates offer a variety of products and services
including exchange traded funds, segregated fund contracts, mutual funds, annuities and guaranteed interest contracts.
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and
aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide
financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the
end of 2017, we had approximately 34,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26
million customers. As of December 31, 2017, we had over $1.04
trillion (US$829.4 billion) in assets under management and administration, and in the
previous 12 months we made $26.7 billion in payments to our customers. Our principal operations are
in Asia, Canada and the United
States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong
Kong.
SOURCE Manulife Financial Corporation
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