The enhancements include new products and the merging of some existing offerings
Manulife Investments has committed to offering an efficient mutual fund platform for Canadian investors by launching a new asset allocation program and merging a number of portfolios, subject to regulatory and security-holder approvals.
The firm is introducing a new suite of four portfolios: the Manulife Conservative Portfolio, the Manulife Moderate Portfolio, the Manulife Balanced Portfolio, and the Manulife Growth Portfolio. A preliminary prospectus, annual information form, and fund fact documents for the portfolios have been submitted. They will be launched on or about May 5 and will be managed by Manulife Asset Management.
Manulife Investments is also planning to terminate a number of its funds on or about June 2, pending approval from regulators and security-holders following the table below:
| Terminating/Merging Funds | Continuing Funds (New) |
| Manulife Diversified Strategies Fund | Manulife Conservative Portfolio |
| Manulife Diversified Income Portfolio Manulife Leaders Balanced Income Portfolio Manulife Portrait Conservative Portfolio |
Manulife Moderate Portfolio |
| Manulife Leaders Balanced Growth Portfolio Manulife Portrait Moderate Portfolio |
Manulife Balanced Portfolio |
| Manulife Leaders Opportunities Portfolio Manulife Portrait Aggressive Portfolio Manulife Portrait Dividend Growth & Income Portfolio Manulife Portrait Dividend Growth & Income Portfolio Class Manulife Portrait Growth Portfolio Manulife Portrait Growth Portfolio Class |
Manulife Growth Portfolio |
Once the mergers have been completed, the firm’s investment platform is expected to be more efficient and streamlined. “These portfolios help remove uncertainty and confusion from investing,” said Manulife Investments President Bernard Letendre, adding that they “provide advisors and investors institutional quality management in an easy-to-access solution.”
Related stories:
Mutual funds mergers completed
Changes announced for Manulife investment team
