Manulife Investments has launched the Manulife U.S. Balanced Value Private Trust, the Manulife Strategic Investment Grade Global Bond Fund and the Manulife U.S. Dollar Strategic Income Fund.
The Manulife U.S. Balanced Value Private Trust is designed for affluent investors and will primarily invest in U.S. dividend-paying equity and fixed-income securities. The pool applies the same investment objective, process and strategy as the Manulife U.S. Monthly High Income Fund, but allows households to group accounts to potentially receive greater management fee reductions.
Alan Wicks, Jonathan Popper and Conrad Dabiet will manage the equity component of the pool. Howard Greene, Jeffrey Given and Konstantin Kizunov will manage fixed-income investments.
Manulife Private Investment Pools were first launched in December 2012.