Segregated Funds

Effective on or about May 9, 2025, the underlying fund of the Ideal CI Global Equity and Income Fund will merge with the CI Global Income & Growth Fund. Post-merger, the segregated fund will be renamed the Ideal CI Global Income and Growth Fund. This change is part of CI Global Asset Management's efforts to streamline offerings and enhance investment options.

Learn more about how this merger affects your advisory services and client portfolios.

Manulife Global All-Cap Focused Fund changes - May, 26, 2025

The Manulife Global All-Cap Focused Fund will undergo important changes, including a new investment objective, a change in the portfolio manager, and a name change to the Manulife Fundamental Global Equity Fund. These changes will take effect on or about May 26, 2025, subject to the underlying mutual fund unitholder vote on April 16, 2025.

Free exit rights: From March 10 to May 23, 2025, eligible clients can withdraw their investments from the contract without deferred sales charge (DSC) fees.

Fund Closure- Manulife Global Thematic Opportunities Fund - May 16, 2025

On or about May 16, 2025, we’ll close the Manulife Global Thematic Opportunities Fund and switch the assets to the Manulife Global All-Cap Focused Fund (subject to the underlying mutual fund’s unitholder vote). The affected contracts are: 

• GIF Select - InvestmentPlus 75/75 and InvestmentPlus 75/100 Series
• GIF Select (original) - 75 Series
• Manulife Private Investment Pools - MPIP Segregated Pools - MPIP 75/75 and MPIP 75/100 

Clients invested in the closing fund can exercise their free exit rights, allowing them to withdraw their investments without incurring a deferred sales charge (DSC) if they act between March 3, 2025, and May 9, 2025.

Tax deferred underlying fund merger and name change – December 6, 2024

Effective December 6, 2024, the Ideal Templeton Sustainable Global Balanced Fund (segregated fund) no longer invests in the Templeton Sustainable Global Balanced Fund but rather in the Franklin Brandywine Global Sustainable Balanced Fund.

As a result of the underlying fund merger, the segregated fund will be renamed Ideal Franklin Brandywine Global Sustainable Balanced Fund.

We’ve updated the Price and Performance tool and the Fund Facts (in the form of a “What’s New” insert).

This fund is offered in the following contracts:

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

Fund name change – December 6, 2024

Ideal Franklin Bissett Canadian Balanced Fund becomes Ideal Franklin Canadian Balanced Fund. Affected contracts are:

• Ideal Segregated Funds Signature 2.0
• Manulife Ideal Signature Select

We’ve updated the Price and Performance tool and the Fund Facts (in the form of a “What’s New” insert).

New guarantee option

Since November 12, 2024, we offer a 100% death benefit guarantee in:

• GIF Select InvestmentPlus
• MPIP Segregated Pools

Fund minimums

We've removed segregated fund minimums for InvestmentPlus, MPIP and RESP, except for DCA and Elite funds, where contract minimums are met.

New sales charge option - September 9, 2024

We launched a no-load (without commission chargeback) sales charge option within the Manulife High Interest Savings Fund (HISA) for the following products:

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

As a result, the front-end and no-load (with commission chargeback) sales charge options within HISA in these products no longer allow new deposits, subsequent deposits, new or existing PACs. However, they remain available for switches within the same sales charge option.

Fund additions - September 9, 2024

Manulife International Large Cap Fund is now available in the following contracts:

• MPIP Segregated Pools
• GIF Select – InvestmentPlus
• RESP
• GIF Select Original - 75 Series

Manulife Smart Global Dividend ETF Portfolio is now available in the following contracts:

• MPIP Segregated Pools
• GIF Select – InvestmentPlus
• RESP

Contract/series investment minimum reduction - September 9, 2024

• InvestmentPlus Series: Reduced from $2,500 to $1,000
• DCA Program: Reduced from $2,000 to $1,000

MER reduction - September 9, 2024

On September 9, 2024, we reduced the management fees for the following funds/pools:

• Manulife Fundamental Balanced Class Funds

The estimated MERs will be reported for the remainder of 2024 within the Fund Facts and on the Price & Performance Tool. As of December 31, 2024,

the MER will be composed of a blended rate of the previous MER (January 1, 2024, to September 8, 2024) and the reduced MER (September 9, 2024, to

December 31, 2024). FE/NL sales charge options reflected.

Fund name changes - September 9, 2024

Effective September 9, 2024, the following funds had a name change:

• Ideal Canadian Unconstrained Bond Fund becomes Ideal Core Plus Bond Fund
• Manulife RetirementPlus Canadian Unconstrained Bond becomes Manulife RetirementPlus Core Plus Bond

Update on household rules for Manulife Private Investment Pools – MPIP Segregated Pools - September 6, 2024

Effective September 6, 2024, we removed the requirement that a household may include all contracts belonging to owners residing at the same address from the Manulife Private Investment Pools – MPIP Segregated Pools Contract Householding Form (NN1637), available on OLT.

The Information Folder and the Contract were updated to reflect this change on November 12, 2024.

Risk ratings – July 26, 2024

The following fund had a risk rating change:

• Manulife Invesco Select Balanced from low to medium to medium.

Learn more about this change: Invesco Canada announces risk rating changes to Canadian mutual funds.