Viewpoints
The golden age of security selection in fixed income
An income solution for all market environments
Today’s market climate poses a host of challenges to advisors: Market volatility seems here to stay and an aging population is increasingly preoccupied with sustaining a steady income stream.
Faced with these challenges, the Canadian fixed-income team at Manulife Investment Management saw an opportunity—an opportunity to build a better income solution that could:
- Invest anywhere in the world
- Hold a diverse portfolio of income assets ranging from government bonds to dividend-paying equities to emerging-market debt
- Leverage our global network of credit analysts to manage risk
- Provide a monthly distribution to investors
- Tactically shift to a more aggressive or defensive stance based on market cycle
Select exposure to high-yield opportunities
High-yield bonds and floating-rate loans are the bread and butter of Manulife Yield Opportunities Fund. The former help us meet our income targets while the latter provide stability. The trick is getting the right balance at the right time.
Lowering risk
Government bonds act as a safety net for Manulife Yield Opportunities Fund, providing valuable risk protection in declining markets. Our job is to make sure that safety net is securely in place before the market turns.
Core stable returns
We scour the investment-grade universe to uncover incremental yield without adding risk. Doing this consistently year after year has enabled the fund to provide stable returns and elevated income.
Learn about our segregated fund platform
Manulife Yield Opportunities Fund is available to segregated fund investors in the GIF Select InvestmentPlus® contract.
- Learn more about Manulife Yield Opportunities GIF Select InvestmentPlus Fund.
- For high-net-worth investors (minimum $100,000 initial investment), consider the Manulife Balanced 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.
Resources
Marketing materials
Podcast
Is fixed income still yielding opportunities? Roshan Thiru and Sivan Nair, CFA, from the Canadian-fixed income team at Manulife Investment Management, join Investments Unplugged to discuss credit markets, U.S. fiscal policy, and other topics related to bonds.
Viewpoints
Fund profiles
Segregated funds information folders and contracts
Important disclosures
Morningstar Ratings: The Star Ratings as of May 31, 2024 for Series F for the Fund shown, and the number of funds within their categories for each period are as follows: 7.30% (1 year), 0.25% (3 years), 3.27% (5 years), 4.12% (10 years) and 5.57% (since inception on December 23, 2009). The corresponding Morningstar ratings of the fund for the same period are as follows: N/A (1 year), 3 (3 years) [764 funds], 4 (5 years) [682 funds], 4 (10 years) [306 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.
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 Manulife. Manulife, Manulife GIF Select InvestmentPlus, Stylized M Design, and Manulife Investment Management & Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and its affiliates under license.
© 2024 Copyright Manulife Investment Management. This media reflects the views of the sub-advisor 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.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund and segregated fund investments. Please read the fund facts as well as the prospectus before investing in mutual funds and the information folder, contract and the fund facts before investing in segregated fund products. The indicated rates of return for Manulife Yield Opportunities Fund 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.
Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value.
The Manulife Yield Opportunities 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 Funds and Manulife Corporate Class, including Manulife Yield Opportunities Fund, 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 and The Manufacturers Life Insurance Company.
The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guarantee provisions therein.
Manulife, Manulife Investment Management, and 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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