Leading performance, lasting value.
Now, more than ever, your clients are looking for consistent, reliable returns to reach their goals. Consider the Manulife Global Monthly High Income Fund*. Diversified by business risk. Focused on investing in highly profitable companies. And a 2020 Lipper Award winner.
Manulife Global Monthly High Income Fund* is an incredibly flexible mandate. The equity portion of the fund aims to provide investors with a portfolio of global diversified businesses, which in aggregate have high and stable profitability, minimal financial leverage at attractive valuations. To complement this, the fixed income portion of the fund aims to generate returns by investing primarily in a portfolio of global government and corporate bonds, including emerging markets and high yield securities. Currency management is employed to further diversify the portfolio, mitigate risk and add value. By expanding the investment universe to include multiple sectors and currencies, the fixed income managers believe they can increase their potential to add value while reducing risk. Together, they deliver an investment solution for investors targeting growth with downside protection.
Why Manulife Global Monthly High Income Fund*?
1. Flexible mandate — Wide range of asset allocation alternatives to take advantage of opportunities across the investment landscape.
2. Win by not losing — Fund’s value and flexible income investing approach help provide downside protection while seeking capital appreciation.
3. Proven portfolio management — Benefit from the demonstrated expertise of Manulife essential equity and Manulife global multi-sector fixed income teams.
Lipper Award Winner – Manulife Global Monthly High Income Fund*
A proven history of performance
Since its inception in 2011, Manulife Global Monthly High Income Fund* has produced a return of 9.55%. Currently, this fund has an overall 5-star rating from Morningstar¹.
Advisor Series - Performance as at August 31, 2021
Manulife Global Monthly High Income Fund*
Category Avg Return³
1 Performance as of August 31, 2021. Advisor Series. Source of monthly fund performance provided by Morningstar.ca. Past performance is not indicative of future results.
2 Inception date: August 19, 2011. Returns in C$ as of August 31, 2021. Advisor Series includes a 1.00% trailing commission.
3 On August 27, 2020 the fund changed categories from the Tactical Balanced to the Global Neutral Balanced category.
4 Outperformance refers to the fund returns compared with the Global Neutral Balanced category average returns.
Get to know the teams and other featured funds they manage
Manulife Global Monthly High Income Fund* is currently managed by both Manulife essential equity team, led by Alan Wicks and Manulife global multi-sector fixed income team, led by Daniel S. Janis III.**
Manulife essential equity team
The team’s approach to building a fund is to think of themselves as being CEOs of a private conglomerate business. Each stock holding can be thought of as a different subsidiary of the conglomerate business. The team seeks to diversify funds by business risk so that revenue and earnings come from multiple diversified and uncorrelated sources; therefore, no one subsidiary can take down the entire conglomerate business. A fund that’s well diversified by business risk means that any individual business event would have limited impact on the entire portfolio.
Manulife global multi-sector fixed income team
The sun never sets on the funds the team manages. Team members are located in North America and Asia, and combined with Manulife’s global footprint of supporting traders, research analysts, and risk managers, funds are managed 24 hours a day, 6 days a week (markets are closed on the weekend, but due to a time difference, Asian markets are open while it’s still Sunday in Boston).
Team members see themselves as risk managers first and foremost. Every decision they make is focused on the four key risks of fixed-income investing: interest-rate, credit, currency, and liquidity risk. Their approach tends to be highly flexible, incorporating dynamic asset allocation and active currency management, which allows them to take advantage of changing credit and currency markets. Few competitors in Canada can match this team’s expertise in managing currency risk. They employ both risk-reducing and return-enhancing hedging strategies.
* On August 3, 2021, the Manulife Value Balanced Fund was renamed Manulife Global Monthly High Income Fund.
** On August 4, 2020, the Manulife global multi-sector fixed income team was added to the fund to manage the fixed income portion of the portfolio. On August 27, 2020 the fund changed categories from the Tactical Balanced to the Global Neutral Balanced category.
Manulife Global Monthly High Income Fund (On August 3, 2021, the Manulife Value Balanced Fund was renamed Manulife Global Monthly High Income Fund.) was awarded the 2020 Lipper Fund Award in the Tactical Balanced category for the 5 year period out of a total of 37 funds ending July 31, 2020. Performance for the fund for the period ended August 31, 2021 is 20.63% (1 year), 13.20% (3 years), 12.87% (5 years), 9.26% (10 years) and 9.55% (since inception on August 19, 2011). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years) [1845 funds], 5 (5 years) [1429 funds], 5 (10 years) [619 funds].
The Refinitiv Lipper Fund Awards, granted annually, highlight funds and fund companies that have excelled in delivering consistently strong risk-adjusted performance relative to their peers.
The Refinitiv Lipper Fund Awards are based on the Lipper Leader for Consistent Return rating, which is a risk-adjusted performance measure calculated over 36, 60 and 120 months. The highest 20% of funds in each category are named Lipper Leaders for Consistent Return and receive a score of 5, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2 and the lowest 20% are scored 1. The fund with the highest Lipper Leader for Consistent Return (Effective Return) value in each eligible classification per award universe wins the Refinitiv Lipper Fund Award. Lipper Leader Ratings change monthly. For more information, see lipperfundawards.com Although Refinitiv Lipper makes reasonable efforts to ensure the accuracy and reliability of the data contained herein, the accuracy is not guaranteed by Refinitiv Lipper.
The Morningstar Rating, commonly referred to as the Star Rating, relates how a fund has performed on a risk-adjusted basis against its Morningstar category peers and is subject to change every month. Calculations are based on the funds in each Morningstar Category to better measure fund manager skill. Funds are ranked by their Morningstar Risk-Adjusted Return scores with the top 10% of funds in a category receiving 5 stars, the top 22.5% receiving 4 stars. A fund in the middle 35% receiving 3 stars, a fund in the next 22.5% receiving 2 stars and a fund in the bottom 10% receiving 1 star. The Star Ratings as of August 31, 2021 for the Fund shown, and the number of funds within their category for each period are as follows: Manulife Global Monthly High Income Fund* Advisor series within the Global Neutral Balanced Category N/A (1 year), 5 (3 years) [1412 funds], 5 (5 years) [1095 funds], 4 (10 years) [425 funds].
The overall Star Rating for a fund is a weighted combination of its 3, 5 and 10 year ratings. Overall ratings are adjusted where a fund has less than 5 or 10 years of history. Please refer to www.morningstar.ca for greater detail on the calculation of the Star Ratings. © 2021 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the fund facts as well as the prospectus before investing. The indicated rates of return are the historical annual compounded total returns including changes in unit value and reinvestment of all distributions and do not take into account sales, redemption, distribution or optional charges or income taxes payable by any securityholder that would have reduced returns. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.
Manulife Funds are managed by Manulife Investment Management Limited (formerly named Manulife Asset Management Limited). Manulife Investment Management is a trade name of Manulife Investment Management Limited. Manulife, Manulife Investment Management, the Stylized M Design, and Manulife Investment Management & Stylized M Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license. From Lipper Fund Awards from Refinitiv, ©2020 Refinitiv. All rights reserved. Used under license. Used by permission and protected by the Copyright laws of the United States. The printing, copy, distribution or retransmission of this Content without written permission is prohibited.