Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Manulife Investment Management Limited Announces Changes to Risk Ratings for Manulife Multifactor U.S. Mid Cap Index ETF

T.MFC, T.MUMC

C$ unless otherwise stated

TSX/NYSE/PSE: MFC SEHK: 945

TORONTO, Aug. 17, 2023 /CNW/ - Manulife Investment Management today announced that the risk ratings for Hedged and Unhedged Units of Manulife Multifactor U.S. Mid Cap Index ETF have changed as described below. The changes will be reflected in the fund's prospectus and ETF Facts, which are expected to be filed on or about August 18, 2023.

The risk rating changes are based on an annual review following the methodology mandated by the Canadian Securities Administrators and are not the result of any changes to the investment objectives, strategies or management of the Manulife Multifactor U.S. Mid Cap Index ETF.

Risk Rating Adjustments on Certain Manulife ETFs

Fund

Ticker

Previous Rating

New Rating

Manulife Multifactor U.S. Mid Cap Index ETF-Unhedged

MUMC.B

Medium

Medium-to-High

Manulife Multifactor U.S. Mid Cap Index ETF-Hedged

MUMC

Medium

Medium-to-High

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the ETF Facts and prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. Manulife ETFs are managed by Manulife Investment Management. Manulife Investment Management is a trade name of Manulife Investment Management Limited.

About Manulife Investment Management

Manulife Investment Management is the brand for the global wealth and asset management segment of Manulife Financial Corporation. Our mission is to make decisions easier and lives better by empowering investors for a better tomorrow. Serving more than 17 million individuals, institutions, and retirement plan members, we believe our global reach, complementary businesses, and the strength of our parent company position us to help investors capitalize on today's emerging global trends. We provide our clients access to public and private investment solutions across equities, fixed income, multi-asset, alternative, and sustainability-linked strategies, such as natural capital, to help them make more informed financial decisions and achieve their investment objectives. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

About Manulife

Manulife Financial Corporation is a leading international financial services provider, helping people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we provide financial advice and insurance, operating as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States. Through Manulife Investment Management, the global brand for our Global Wealth and Asset Management segment, we serve individuals, institutions, and retirement plan members worldwide. At the end of 2022, we had more than 40,000 employees, over 116,000 agents, and thousands of distribution partners, serving over 34 million customers. We trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong. Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

SOURCE Manulife Investment Management

Cision View original content: http://www.newswire.ca/en/releases/archive/August2023/17/c7875.html