MANILA, Philippines — A wholly owned subsidiary of Manulife Philippines has launched a unit investment trust fund (UITF) that aims to offer high-quality, low-volatility income opportunities by tapping into the best sources of income across the global fixed-income universe.
In a statement yesterday, Manulife Investment Management and Trust Corp. (Manulife Investment Management Philippines) announced the launch of the Manulife Global Income Feeder Fund.
The product provides investors access to dollar-denominated fixed income and fixed income-related securities of issuers globally, giving them high-quality and stable income generation opportunities.
Investors may access the fund for as low as P1,000 or $1,000.
“The Manulife Global Income Feeder Fund offers an all-weather wealth solution that combines the entirety of the fixed income universe, including traditional and non-traditional sources of income,” Manulife Investment Management Philippines president and CEO Aira Gaspar said.
“It provides high and sustainable opportunities that can help investors maximize their financial portfolio’s income generation across economic and interest rate cycles,” she added.
Manulife Investment Management Philippines said the fund is the newest product in its distinct suite of UITFs for different investment objectives.
It added that the product will be part of its newly-introduced “Better Income” campaign.
Through the campaign, the company aims to empower investors to elevate their financial journey by giving them investment choices based on their unique financial goals, needs, risk tolerance, and life stages.
Interested investors may open a UITF account online through Manulife iFUNDS, a secure digital investment platform that makes it easy and convenient for investors to manage their UITF investments.
Manulife Investment Management and Trust Corp. is a wholly owned subsidiary of The Manufacturers Life Insurance Co. (Phils.) Inc. (Manulife Philippines). It operates under the brand name of Manulife Investment Management, the global wealth and asset management segment of Manulife Financial Corp.