Manulife Strategic Income Fund
This resilient fixed-income fund has been a beacon of consistency for over 15 years in all market conditions. Explore what you’ve been missing.
Strategically speaking with Christopher M. Chapman, CFA
Chris shares insight on Manulife Strategic Income Fund, including the team’s investment process and risk mitigation.
Return potential is compelling for global multi-sector bond fund
Opportunities for the yield are probably the best in a decade, says Manulife Investment Management’s Senior Portfolio Manager, Head of Global Multi-Sector Fixed Income Chris Chapman
Pushing the boundaries of fixed income to their core
In today’s challenging environment, generating positive returns in a core fixed-income portfolio is more challenging than ever. Traditional government bonds struggle to deliver results of the past, leaving investors to take on more risk to get the returns they need.
Faced with these challenges, the global multi-sector fixed-income team at Manulife Investment Management thought strategically. The team wanted to push the boundaries and build a resilient core fixed-income solution that took advantage of Manulife’s global expertise and capabilities. A fund that could:
- Invest anywhere in the world
- Hold a diverse portfolio of income assets ranging from government bonds to high-yield and emerging-market securities
- Leverage our global network of credit analysts to manage risk
- Tactically shift to a more aggressive or defensive stance based on the portfolio management’s ability to manage interest-rate, credit, currency, and liquidity risks in the markets
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).
Investment process
When it comes to Manulife Strategic Income Fund, the portfolio management team aims to generate returns by investing primarily in a portfolio of global government and corporate bonds, including high-yield and emerging-markets securities. Currency management enables team members to further diversify the portfolio, mitigate risk, and potentially add returns. By expanding the investment universe to include multiple sectors and currencies, they look to increase potential return while reducing risk.
Learn about our segregated fund platform
Manulife Strategic Income Fund is available to segregated fund investors in the GIF Select InvestmentPlus® contract.
- Learn more about Manulife Strategic Income GIF Select InvestmentPlus Fund.
- For high-net-worth investors (minimum $100,000 initial investment), consider the Manulife Global Fixed Income Private Segregated Pool, available in our Manulife Private Investment Pools—MPIP Segregated Pools contract. These pools recognize higher deposit amounts with management fee reimbursements; they also allow household contract linking, which combines all the contract balances in an investor’s household to potentially qualify for an even greater management fee reimbursement.
- Learn more about the estate planning advantages of segregated fund contracts.
Since inception, Manulife Strategic Income GIF Select InvestmentPlus Fund has delivered an annualized return of 3.14%.
Resources
How does the team actively manage interest-rate risk?
Chris Chapman speaks to the team’s prudent approach—being dynamic when managing interest-rate risk
How does the team actively manage credit risk?
Chris Chapman describes how the team leverages its investment process to mitigate credit risk.
How does the team actively manage currency risk?
Chris Chapman speaks to active currency management in the portfolio and how it can be a risk mitigator, a diversifier, and an alpha generator.
How does the team actively manage liquidity risk?
Chris Chapman talks about how the liquidity decision is built into the team’s investment process.
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Solutions video: all about bonds (new) Team profile Manulife Strategic Income Fund—global reach, infinite possibilities
Marketing materials
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Investments Unplugged Episode 67
Podcasts
Is fixed income dead? No, but you may want to look under the hood. Dan Janis and Tom Goggins from the global multi-sector fixed-income team at Manulife Investment Management join Investments Unplugged to discuss this and more.
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Four types of risk in global fixed income The golden age of security selection in fixed income Return potential compelling for global multi-sector bond fund
Viewpoints
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Mutual funds GIF Select InvestmentPlus Fund MPIP Segregated Pools
Fund facts
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Mutual fund series Manulife Global Fixed Income Private Trust Segregated fund series Manulife Global Fixed Income Private Segregated Pool
Fund profiles
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GIF Select InvestmentPlus® information folder and contract MPIP information folder and contract
Segregated fund information folders and contracts
Important disclosures
2024 © Manulife Investment Management. This media reflects the views of the subadvisor of Manulife Investment Management Limited. These views are subject to change as market and other conditions warrant. Individuals should seek the advice of professionals to ensure that any action taken with respect to this information is appropriate to their specific situation. The commentary does not constitute an offer or an invitation by or on behalf of Manulife Investment Management to any person to buy or sell any security or investment product. This material should not be revised as a current or past recommendation or a solicitation of an offer to buy or sell investment products or to adopt any investment strategy. Manulife Investment Management is not responsible for any damages or losses arising from any use of this information.
Morningstar Ratings: The Star Ratings as of March 31, 2024 for Series F for the Fund shown, and the number of funds within their categories for each period are as follows: 3.67% (1 year), -0.50% (3 years), 1.69% (5 years), 2.90% (10 years), 4.67% (15 years) and 5.15% (since inception on January 11, 2007). The corresponding Morningstar ratings of the fund for the same period are as follows: N/A (1 year), 3 (3 years) [243 funds], 4 (5 years) [213 funds], 4 (10 years) [60 funds].
The Morningstar Rating, commonly referred to as the Star Rating, relates to 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 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 morningstar.ca for greater detail on the calculation of the Star Ratings. © 2024 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.
Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value. Commissions, trailing commissions, management fees and expenses all may be associated with segregated fund investments. Please read the information folder, contract and fund facts before investing. Returns shown are after the MER has been deducted. Performance histories are not indicative of future performance. Withdrawals proportionally decrease Maturity and Death Benefit Guarantees. The Management Fee Reimbursement will not be paid in cash but will be credited to the Contract as additional Units to the relevant Funds. The Manufacturers Life Insurance Company (Manulife) is the issuer of the Manulife Private Investment Pools – MPIP Segregated Pools (MPIP Segregated Pools) insurance contract and Manulife segregated fund contracts and the guarantor of any guarantee provisions therein. Manulife Investment Management is a trade name of The Manufacturers Life Insurance Company.
Manulife Strategic Income Fund is also available as an investment option in the Manulife GIF Select segregated fund contract and the Manulife Private Investment Pools – MPIP Segregated Pools contract.
Manulife, Manulife Investment Management, Manulife GIF Select InvestmentPlus, 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.
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