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.
Manulife Global Multi-Asset
Diversified Income Fund
Multi-Asset Income: Pursuing High Income Within a Challenged Growth Outlook
An unconstrained income drive approach across global asset classes can become an attractive strategy in order to capture a sustainable high-income payout within a challenged growth outlook.
A differentiated approach of achieving yield
To strive for a sustainable long-term income distribution, our strategy adopts a differentiated approach of achieving yield, minimising reliance on equity appreciation - primarily seeking yield through fixed income and an option writing strategy.
Performance of the startegy is not guaranteed and losses remain possible.
Typical asset allocation (%)1
Aim for high, stable income generation through diversified assets and regions
Average yield breakdown by asset class (%)1
Typical geographical breakdown (%)
Aim to generate a stable yield while emphasizing downside protection
One of the key factors for achieving long-term performance is effectively managing downside risk through a lower volatility construction.
Apart from competitive income distribution, the Fund also aims to achieve an optimal risk-reward profile with a low volatility, minimal style bias portfolio.
Option writing saw better downside performance2
Value vs. Growth: Style rotation with volatility3
Manulife Global Multi-Asset Diversified Income Fund
Aims to generate high, stable income through multiple rational and non-traditional income sources.
Source: Manulife Investment Management, as of May 2025.
*Dividend rate is not guaranteed. Please note that a positive distribution yield does not imply a positive return. Past performance is not indicative of
future performance.
Manulife Investment Management's expertise
25+ years
average investment experience of management team
700+
investment experts across asset classes4
USD 155.4 billion
AUM of multi-asset solutions5
Q&A with portfolio managers: Achieving High & Stable Income via a Global Multi-Asset Income Strategy
Pursuing a regular and achieving a higher income from investment products is still a top priority for many investors in Asia. Geoffrey Kelley, and John F. Addeo, the portfolio managers, are sharing with us the investment philosophy of our multi-asset income strategy, and how they manage volatility in achieving a relative high- and stable-income payout across market cycles.
Source: Manulife Investment Management, Barclays Point. As of February 28, 2025. Typical asset allocation and average yield breakdown by asset class are based on the average weightings within the portfolio over past three year. Holdings, sector weightings, market capitalization and portfolio characteristics are subject to change at any time and are for illustrative and reference purpose only. This information does not constitute, and should not be construed as, investment advice or recommendations with respect to the securities and sectors listed. Yield breakdown by asset class is as of total portfolio yield. The above yield does not represent the distribution yield of the Fund and are not an accurate reflection of the actual return that an investor will receive in all cases. A positive distribution yield does not imply a positive return.
Source: Bloomberg, Manulife Investment Management, as of February 28, 2025. Covered call measured by CBOE S&P 500 BuyWrite Index and Put Writing measured by CBOE S&P 500 PutWrite Index. Dot.com Bubble refers to the period from September 4 2000 to October 9 2002; GFC (October 9 2007 to March 9 2009); COVID-19 (February 19 2020 to March 23 2020). It is not possible to invest directly in an index. No investment strategy or risk management technique can guarantee returns or eliminate risk in any market environment.
Source: Bloomberg, Manulife Investment Management, as of February 28, 2025.
Source: Manulife Investment Management, as of September 30, 2024. Manulife Investment Management’s global investment professional team includes expertise from several Manulife IM affiliates and joint ventures; not all entities represent all asset classes.
Source: Manulife Financial Corporation as of September 30, 2024. AUM includes $5.6 billion advised by MAST, managed by other Manulife Investments investment teams, and $37.4 billion allocated to investment strategies managed by other Manulife Investments investment teams.
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