Discover a winner 

Now, more than ever, your clients are looking for consistent, reliable returns to reach their goals. Consider the Manulife U.S. Monthly High Income Fund. The Fund seeks to provide a combination of income and capital appreciation. And now, a 2021 Lipper Award winner.

Overview

Manulife U.S. Monthly High Income Fund is managed by the Manulife Essential Equity Team. The team analyzes all companies and each of them are viewed under the same fundamental proprietary lens, using a scalable and repeatable process driven by the team's fundamental beliefs, which have not changed since the team's founding in 1996. The team's focus is on creating a high returning conglomerate portfolio consisting of diversified businesses to ensure that revenue and earnings come from many different sources. As a result, no single event will have a large negative impact on the portfolio. This portfolio is constructed using a fundamental, value based lens selecting primarily U.S. dividend paying businesses and multi sector fixed income securities. The portfolio managers focus on selecting businesses, which in aggregate have high and stable profitability, minimal financial leverage and are priced at an attractive valuation. The fund is targeted to clients looking for a fixed monthly income source with the growth potential of one the world’s largest equity markets.

Who is this fund for?

The fund may be suitable for investors who:

  • Are seeking monthly income
  • Are looking for potential capital growth
  • Are willing to accept a low to medium level of investment risk
  • Are investing for the medium to long term

A proven history of performance

Since its inception in 2013, the Manulife U.S. Monthly High Income Fund has produced a return of 11.02%. Currently, this fund has an overall 5-star rating from Morningstar¹.

Series F – Performance as at October 31, 2021

  YTD

1 year

3 years

5 years

Since Inception²

Manulife U.S. Monthly High Income Fund

18.44% 27.17%

17.44%

12.76%

11.02%

Category Avg Return³

6.97%

14.66%

8.68%

6.39%

-

Outperformance⁴

11.47%

12.51%

8.76%

6.36%

-

Important disclosure

1 Performance as of October 31, 2021. Series F. Source of monthly fund performance provided by Morningstar.ca. Past performance is not indicative of future results

2 Inception date: December 24, 2013. Returns in C$ as of October 31, 2021. Series F is generally designed for investors who have a fee-based or wrap account with their dealer. Series F performance is net of fees and expenses. Advisor Series is also available and includes a 0.50% trailing commission.

3 Category refers to Global Neutral Balanced category

4 Outperformance refers to the fund returns compared with Global Neutral Balanced category average returns.


Get to know the team and other featured funds they manage

Manulife U.S. Monthly High Income Fund is currently managed by Manulife essential equity team, led by Alan Wicks.

We are thrilled to see two funds recognized this year - the Manulife U.S. Monthly High Income Fund and the Manulife Canadian Balanced Fund. On behalf of the Manulife Investment Management Canadian leadership team, I’d like to congratulate Conrad Dabiet, Lead Portfolio Manager, and the Manulife Essential Equity Team, along with Greg Peterson, Portfolio Manager with our subadvisor, Mawer Investment Management, for this prestigious recognition. Helping make decisions easier and lives better for our advisors and investors, is what motivates our teams to go above and beyond in their approach to managing our funds.”

- Leo Zerilli, Head of Wealth and Asset Management, Manulife Investment Management, Canada

Another 2021 Lipper Award winner

Manulife Canadian Balanced Fund (capped to all new purchases as of March 28, 2013), managed by our subadvisor Mawer Investment Management Ltd., was awarded the 2021 Lipper Fund Award in the Canadian Neutral Balanced category out of a total of 48 funds for the 10-year period ending July 31, 2021. The fund provides diversification across all major asset classes. The equity selection process is based on Mawer's disciplined, fundamentally based bottom-up research process, which includes a strong focus on downside protection. Within fixed income, the fund will take a core position in Canadian government debt.

Important disclosure

Manulife U.S. Monthly High Income Fund - series F was awarded the 2021 Lipper Fund Award in the Global Neutral Balanced category for the 3 year period out of a total of 161 funds ending July 31, 2021. Performance for the fund for the period ended October 31, 2021 is 27.17% (1 year), 17.44% (3 years), 12.76% (5 years) and 11.02% (since inception on December 24, 2013). Performance for Global Neutral Balanced category for the same period is 14.66% (1 year), 8.68% (3 years), and 6.39% (5 years). The corresponding Lipper Leader ratings of the fund for the same period are as follows: N/A (1 year), 5 (3 years) [1862 funds], 5 (5 years) [1446 funds].

Performance for Manulife Canadian Balanced Fund – series F ended October 31, 2021 is 18.41% (1 year), 10.68% (3 years), 8.00% (5 years), 9.54% (10 years) and 9.53% (since inception on August 19, 2010). Performance for Canadian Neutral Balanced category for the same period is 18.46% (1 year), 8.88% (3 years), 6.15% (5 years) and 6.49% (10 years). The corresponding Lipper Leader ratings for the fund for the same period are as follows: N/A (1year), 5 (3 years) [621 funds], 5 (5 years) [571 funds], 5 (10 years) [260 funds].

Refinitiv Lipper Fund Awards, ©2021 Refinitiv. All rights reserved. Used under license.

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 Lipper Awards and Lipper Leader ratings being referenced are calculated based on comparisons of performance of investment funds within a specified category established by the CIFSC.

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 October 31, 2021 for the Fund shown, and the number of funds within their category for each period are as follows: Manulife U.S. Monthly High Income Fund, Series F within the Global Neutral Balanced Category N/A (1 year), 5 (3 years) [1415 funds], 5 (5 years) [1093 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, ©2021 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.