Segregated Funds

Risk ratings—August 1, 2023

• Manulife Yield Opportunities Fund: FROM Low TO Low to medium
• Manulife Balanced Income Private Segregated Pool: FROM Low TO Low to medium
• Manulife Moderate Portfolio: FROM Low TO Low to medium
• Ideal Moderate Portfolio: FROM Low TO Low to medium
• Manulife Simplicity Moderate Portfolio: FROM Low TO Low to medium
• Manulife Balanced Equity Private Segregated Pool: FROM Low to medium TO Medium
  
  

Learn more about this change

DSC ban now in effect—May 26, 2023

Per the Canadian Council of Insurance Regulators (CCIR) announcement in early 2022, Manulife Investment Management has capped back-end and low-load sales charge options on our segregated fund platform effective May 26, 2023. Existing PACs were moved to the front-end or no-load version of the same fund.  

Segregated Fund external contract application (Form NN0907) is available here

We’re happy to announce that the segregated fund nominee name External Contract Application (Form NN0907) is now fillable and posted to mim.ca EN | FR. 

The form is now accessible without having to log in to Repsource, and the fillable feature increases workflow efficiencies for you and your clients. 

Please complete the form as authorized by your dealer.

Client name segregated fund applications, and all other forms, are only available on Online Transactions through Repsource.

If you have any questions about completing the form, contact the Manulife Investment Management customer service centre at 888-790-4387 (outside Quebec) or 800-355-6776 (Quebec), or visit us at manulife_investments@manulife.com.

Fund additions—February 21, 2023

We’ve added two funds to Manulife Private Investment Pools—MPIP Segregated Pools:

1. Manulife Fundamental Equity Private Segregated Pool
2. Manulife Fundamental Balanced Class Private Segregated Pool
   
   

What’s New inserts have been updated in the MPIP Segregated Pools Fund Facts booklet to reflect the fund additions.

Closing and capping certain segregated fund contracts—October 28, 2022

Effective October 28, 2022, we closed certain segregated fund contracts to new contract sales and additional deposits. Existing PACs can continue but can’t increase:

• Manulife RetirementPlus
• Manulife PensionBuilder¹
• Manulife Ideal Signature Select
  
  

Also effective October 28, 2022, we capped additional deposits to certain segregated fund contracts that were previously closed to new sales. Existing PACs will continue but can't increase:

• Manulife GIF Select EstatePlus
• Ideal Segregated Funds
• Ideal Segregated Funds Signature Series
• Ideal Segregated Funds Signature 2.0
  
  

We updated the Price and Performance tool to reflect these changes.

Amendments from the PPLUS to IFAST system Conversion—October 21, 2022

• Amendment to your Manulife GIF Investment Account (MLIA)
• Amendment to your Manulife Investments Guaranteed Interest Contract (GIC)
• Amendment to your Manulife Life Triflex Contract
• Amendment to your Manulife Portfolio RIF Contract

New sales charge option—September 14, 2022

We launched a no-load sales charge option on a 2-year chargeback schedule in these contracts:

• GIF Select—InvestmentPlus
• Manulife Private Investment Pools—MPIP Segregated Pools
• Manulife Segregated Fund Registered Education Savings Plan (RESP)
  
  

We will no longer accept deposits in the existing no-load with a 4-year chargeback schedule in InvestmentPlus and MPIP Segregated Pools. Effective November 4, 2022, existing PACs will be deposited into the no-load (2-year chargeback schedule). Switches and change of sales charges from other sales charges, including the no-load with 4-year chargeback schedule, are not permitted. Switches within the same sales charge option are still allowed.

We’ve amended the Fund Facts pages and the PDF booklets (available through the Manulife Investment Management website) for these contracts. For new fund codes and MER details, consult the Price and Performance tool.

Fund additions—September 14, 2022

We’ve added Manulife Climate Action Balanced Segregated Fund to these contracts:

• Manulife Private Investment Pools—MPIP Segregated Pools
• GIF Select—InvestmentPlus
• Manulife Segregated Fund Registered Education Savings Plan (RESP)
  
  

We’ve also added nine funds to the Manulife Segregated Fund RESP:

1. Manulife Global Monthly High Income Segregated Fund
2. Manulife Climate Action Segregated Fund
3. Manulife U.S. All Cap Equity Segregated Fund
4. Manulife U.S. Mid-Cap Equity Segregated Fund
5. Manulife Smart Balanced Dividend ETF Bundle Segregated Fund
6. Manulife Smart Dividend ETF Segregated Fund
7. Manulife Smart U.S. Dividend ETF Segregated Fund
8. Manulife Global Equity Class Segregated Fund
9. Manulife Canadian Equity Class Segregated Fund

Fund name changes—September 14, 2022

The following funds had a name change:

• Manulife Invesco Global Diversified Companies GIF becomes Manulife Invesco Global Select Equity GIF
• Manulife Invesco Global Diversified Companies GIF Select becomes Manulife Invesco Global Select Equity GIF Select
• Manulife Invesco Global Diversified Companies Seg Fund becomes Manulife Invesco Global Select Equity Seg Fund

Risk ratings—August 2, 2022 

Manulife U.S. Equity Private Segregated Pool: FROM medium TO medium to high 

Learn more about this change

Management fee increases—July 29, 2022

On July 29, 2022, we increased management fees for certain funds within the following segregated funds contracts, resulting in higher overall management expense ratios (MERs):

• Ideal Segregated Funds Signature Series
• Ideal Segregated Funds Signature 2.0
  
  

We updated the Price & Performance tool and the Fund Facts (in the form of an addendum) for the affected funds to reflect the new management fees and estimated MERs. As of December 31, 2022, the MER will be composed of a blended rate of the previous MER (January 1, 2022, to July 28, 2022) and the increased MER (July 29, 2022, to December 31, 2022).

Fund additions—May 24, 2022

Manulife U.S. Mid-Cap Equity Segregated Fund is now available in the following contracts:

Manulife Private Investment Pools—MPIP Segregated Pools and Manulife GIF Select InvestmentPlus.

Visit manulifeim.ca/usmidcap to learn more.

Manulife Strategic Dividend Bundle has been added to Manulife Private Investment Pools—MPIP Segregated Pools. This fund is currently available in other segregated fund contracts.

MER reduction—May 24, 2022

On May 24, 2022, we reduced the management fees for the following funds/pools. The estimated MERs will be reported for the remainder of 2022 within the Fund Facts and on the Price & Performance Tool. As of December 31, 2022, the MER will be composed of a blended rate of the previous MER (January 1, 2022, to May 23, 2022) and the reduced MER (May 24, 2022, to December 31, 2022).

• Manulife U.S. All Cap Equity GIF Select
• Manulife U.S. Equity GIF Select
• Manulife U.S. Dividend Income GIF Select
• Manulife U.S. Equity Private Segregated Pool
• Manulife Mawer U.S. Equity Private Segregated Pool
• Manulife U.S. Dividend Income Private Segregated Pool

Fund name changes—May 24, 2022

Effective May 24, 2002, the following funds had a name change:

• Ideal CI Cambridge Global High Income Fund becomes Ideal CI Global Equity and Income Fund
• Manulife CI Signature Canadian Balanced Fund becomes Manulife CI Canadian Balanced Fund
• Manulife CI Cambridge Canadian Asset Allocation Fund becomes Manulife CI Canadian Asset Allocation Fund
• Manulife CI Signature Income & Growth Fund becomes Manulife CI Canadian Income & Growth Fund
• Manulife Invesco Canadian Premier Growth Class Fund becomes Manulife Invesco EQV Canadian Premier Equity Class Fund