Manulife Global Fund – Preferred Securities Income Fund (the “Fund”) invests primarily in preferred securities listed or traded on any regulated market in the world, including preferred stocks (including convertible preferred stocks) and subordinated debt securities, which exposes investors to preferred securities risk, equity market risk, volatility and liquidity risk and currency risk. As the Fund may carry significant exposure to US-related issuers it may expose investors to geographical concentration risk. Certain investors may also be subject to the risk relating to RMB hedged share class.
The relevant distributing class of the Fund does not guarantee distribution of dividends, the frequency of distribution and the amount/rate of dividends. Dividends may be paid out of income, realized capital gains and/or out of capital of the Fund in respect of Inc share class(es). Dividends may be paid out of realized capital gains, capital and/or gross income while charging all or part of their fees and expenses to capital (i.e. payment of fees and expenses out of capital) in respect of MDIST (G), R MDIST (G) and F MDIST (G) share class(es). Dividends paid out of capital of the Fund amounts to a return or withdrawal of part of the amount of an investor’s original investment or from any capital gains attributable to that original investment and may result in an immediate decrease in the net asset value per share in respect of such class(es) of the Fund. Fixed yield share classes pay out a pre-determined annualized fixed percentage of their NAV, which can be adjusted by the Directors with at least one month’s prior notice, do not entirely reflect the actual or expected income or performance of the Fund. These distributions may exceed the actual income, leading to capital erosion, especially during negative returns or losses, and may reduce future capital growth. A positive distribution yield does not guarantee a positive return, and the absolute distributions vary with the NAV, resulting in fluctuating monthly payouts for investors.
The Fund’s investment in fixed income and cash and cash equivalents is subject to credit risk, interest rate risk, credit rating and downgrading risk and high-yield bonds risk.
The Fund intends to use financial derivative instruments (“FDIs”) for investment, efficient portfolio management and/or hedging purposes. The use of FDIs exposes the Fund to additional risks, including leverage risk, management risk, market risk, credit risk and liquidity risk.
Investment involves risk. The Fund may expose its investors to capital loss. Investors should not make decisions based on this material alone and should read the offering document for details, including the risk factors, charges and features of the Fund and its share classes.
REITs, or Real Estate Investment Trusts, are collective investment schemes that are listed as corporate stocks. REITs investors own the property indirectly through share units which they hold and regularly gain income from the property's portfolio.
How do REITs work?
REITs have a simple business model: Generating income by leasing out properties. The property is managed by a professional team which actively seeks to lift the value of the property and the rent to increase potential income.
Different types of REITs
REITs aim to deliver a source of recurrent income to investors through focused investment in a portfolio of income-generating properties such as shopping malls, offices, hotels and service apartments.
REITs by sectors
Key Investment Thesis: Predictability and Consistency of Income1
Key Investment Thesis: Predictability and Consistency of Income
Consistent Income Return2
Asia REITs have historically delivered a consistent dividend income. From December 2013 through YTD 2025, dividend income has remained positive. This consistency provides defensive characteristics to the asset class and results in lower volatility relative to conventional Asian equities.
Attractive Dividend Yield Potential3
Major Asia Pacific REIT markets currently offer relatively attractive yield compared to other yield-oriented securities which should continue to be driven by healthy operating fundamentals and lower financing costs.
Asia Pacific REITs 2025 Outlook4
Manulife Investment Management's expertise
95+ years
investment experience in property investments, and assets and property management
700+
investment experts across asset classes
USD 158.3 billion
Assets under management and administration in Asia
Source: Manulife Investment Management, as of 30 June 2025. The above information may contain projections or other forward looking statements regarding future events, targets, management discipline or other expectations. There is no assurance that such events will occur, and the future course may be significantly different from that shown here.
Source: Bloomberg, as of 29 September 2025. Asia ex Japan REITs represented by FTSE EPRA/NAREIT Asia ex Japan REITs Index (capped) in USD. Past performances are not an indication of future performances.
Source: Bloomberg as of 26 September 2025. REIT Yield and Equity Dividend Yield are the projected 12-month yield from Bloomberg consensus. REIT Yield: Australia REIT - S&P/ASX 200 A-REIT Index, Hong Kong REIT - FTSE EPRA/Nareit Developed REITs Hong Kong Index, Singapore REIT - FTSE ST Real Estate Investment Trusts index. Equity Dividend Yield: Stratis Times Total Return Index, Hang Seng Index, S&P/ASX 200 Index. 10 Year Government Bond Yield = Local Generic 10-Year Government Bond Yield. Projections or other forward-looking statements regarding future events, targets, management discipline or other explanations are only current as of the data indicated. There is no assurancce that such events will occur, and if they were to occur, the result may be significantly different than that shown here.
Source: Manulife Investment Management, as of 30 September 2025. Projections or other forward-looking statements regarding future events, targets, management discipline or other explanations are only current as of the data indicated. There is no assurance that such events will occur, and if they were to occur, the result may be significantly different than that shown here.
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