

High Interest Savings Fund
A secure and flexible savings solution
Grow your savings with Manulife High Interest Savings Fund
If you're looking for a secure and flexible segregated fund savings solution, the Manulife High Interest Savings Fund (HISA) can be an excellent choice.
Whether saving for a significant purchase, building an emergency fund, or planning for your retirement, the Manulife HISA fund provides attractive interest earnings, helping you achieve your financial goals. With the Manulife HISA fund, you can experience the benefits of a savings account with the competitive returns of an investment product. The Manulife HISA fund ensures that your hard-earned money grows at an attractive rate and is readily accessible whenever you need it.
Why choose Manulife HISA?
Competitive Returns
Your savings should work as hard as you do. Manulife HISA offers attractive interest earnings, helping you achieve your financial goals faster.
Security
Enjoy peace of mind knowing your savings are placed in a stable, secure environment, protected from the unpredictability of market fluctuations.
Easy acces
Life's financial needs can be unpredictable. With Manulife HISA, you access your funds without penalties, giving you the flexibility to respond to life's moments, big or small.
Predictable savings growth
Plan your future with confidence. Manulife HISA provides predictable growth, enabling you to set and achieve short-term and long-term financial milestones.
Estate planning advantages
Manulife HISA is available within select segregated fund products, offering additional perks such as potential creditor protection, bypassing probate when a beneficiary is named, and ensuring your financial legacy is managed according to your wishes.
Manulife High Interest Savings Fund — At a glance
Manulife HISA | |
---|---|
Investment objective |
The fund seeks to provide investors with interest income by generally holding all of its portfolio assets on deposit in a demand deposit (cashable) account with an administered interest rate at its affiliate, Manulife Bank of Canada. |
Target investor |
This fund is ideal for those who want to earn a higher interest rate than traditional savings accounts while maintaining easy access to their money. |
Segregated fund products |
|
Deposit minimums |
GIF Select InvestmentPlus:
MPIP Segregated Pools:
Manulife Segregated Fund RESP:
|
MER |
0% |
Availability |
All registered and non-registered contracts |
Interest rates |
The current rates can be found on the fund profiles |
Eligible for scheduled switches to segregated funds within the same contract |
Yes |
Fees if transferred |
No fees |

Start building your savings with Manulife HISA
Getting started with Manulife High Interest Savings Fund is easy. For more information on opening a segregated fund contract or understanding how the Manulife HISA can fit into your overall financial plan, speak to your advisor.
1. In which segregated fund contracts can the Manulife High Interest Savings Fund be purchased?
The Manulife High Interest Savings Fund is available for new deposits within the following segregated fund contracts:
- GIF Select InvestmentPlus
- MPIP Segregated Pools
- Manulife Segregated Fund RESP
2. Will the no-load (with chargeback) and front-end sales charge options for the Manulife High Interest Savings Fund still be available for new deposits?
No, these options are only available for switches within the same sales charge option.
3. How is the interest rate applicable to the Manulife High Interest Savings Fund determined?
Manulife aims to offer its clients savings options that are competitive in the marketplace. Regularly, we review the returns paid on similar funds and, when necessary, adjust our rates to keep the offer current and well-adapted to market conditions.
4. Is the Manulife High Interest Savings Fund a segregated fund or offered outside the segregated fund contract?
The Manulife High Interest Savings Fund is a segregated fund. Its value accumulates within one of the contracts into which it can be added. As such, it offers all the benefits a segregated fund can offer, be it easy payment to a named beneficiary, guarantees upon maturity and death or the potential for creditor protection. For more information regarding the benefits of each contract this fund offers, please consult the respective Information Folder and Contract.
5. How is the interest paid from the Manulife High Interest Savings Fund treated from a tax perspective?
This income is accrued daily, allocated monthly and taxed as interest income on the year-end T3 tax slip.
6. Can a client opt to receive their interest income in cash?
As for any segregated fund, the income earned on this fund is kept within the fund and reflected in the daily NAV price. If a client wants to draw income from this fund, you need to set up a systematic withdrawal plan (SWP) or request an ad hoc withdrawal.
7. Will I receive commission if my client invests in the Manulife HISA and intends to move the assets to another segregated fund shortly after that?
The new no-load (without chargeback) Manulife High Interest Savings Fund does not offer an upfront commission but will generate an upfront commission upon switching into a destination fund in the no-load with chargeback or, if applicable, the front-end sales charge options. If the intention is to move the assets systematically soon after deposit to other funds within the contract, consider using the Manulife Dollar-Cost Averaging Program Fund instead. For details about this fund, please review this page.
8. How do I purchase the Manulife HISA investment for my client?
To find out how to purchase Manulife High Interest Savings Fund investments, review these tutorials:
- Submitting a non-registered segregated fund application
- Submitting a registered segregated fund application
- Additional OLT training resources (log-in required) or
- Log in to Repsource > Tools & Illustrations > Tools > Online Transactions and make your deposit.

Other questions?
Contact your Guaranteed Investment wholesaler.