Manulife boosts trailer on two funds

By Staff | March 19, 2012 | Last updated on March 19, 2012
1 min read

Manulife Mutual Funds has announced it will increase its trailer commission on the front-end options of Manulife Preferred Income Fund and Manulife Diversified Income Portfolio. The trailer on these funds has increased by 10 basis points, to 0.85%, effective April 1, 2012.

At the same time, the company announced its Manulife Global Infrastructure Fund will change its distribution policy from an annual basis to a fixed quarterly distribution, with a target of 1.6% per year. The first distribution payment is scheduled for the end of June 2012.

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.