Income & growth strategy

A dynamic strategy to achieve potential returns and sustainable income*

The Fund invests at least 70% of its portfolio investing in REITs, and has the flexibility to invest up to 30% in non-REIT real estate-related securities to achieve potential stable income* and potential capital appreciation.

MGF - Asia
Pacific REIT
REITs
70%
Non-REITs
30%

REITs

  • Sources of income from income generating assets
  • Primary exposure to commercial real estate only

Non-REIT related

  • Additional exposure to residential real estate via property developers
  • Property brokers
  • Property management companies
For illustrative purpose only.

Benefits of REITs investments

Stable income with capital appreciation potential

REITs typically distribute a minimum of 90% of their rental income as dividends to the investors. The dividend yields from Asia-Pacific REITs are potentially higher compared to dividends from equities and 10-year government bond yields.

Yield comparison: REIT, equity and government bonds

5.8
3.9
2.0
5.1
4.4
2.0
4.9
4.7
2.3
Source: Bloomberg, as of 31 December 2018.
REIT Yield: Australia REIT – S&P/ASP 200 A-REIT Index,
Hong Kong REIT – Hang Seng REIT Index, Singapore REIT – FTSE Straits Times REIT Index
Equity Dividend Yield: Australia – S&P/ASX 200 Index Index, Hong Kong – Hang Seng Index, Singapore – Straits Times Index
For illustrative purposes only. Past performance is not an indication of future results.

Asia-Pacific REITs delivered strong performance over the past decade (December 2008 to December 2018), where dividend income contributed more than one-third of total return.

Performance of Asia-Pacific REITs

Annualised Asia-Pacific REITs total return 16.5% p.a.

= Price return: 10.6% p.a. + Dividend income: 5.9% p.a.

Annualised Asia-Pacific Equities total return 11% p.a.

= Price return: 7.6% p.a. + Dividend income: 3.4% p.a.

Source: Bloomberg, as of 28 January 2019. Total Return, USD, rebased to 1000 as of 31 December 2008.
Asia-Pacific REITs: FTSE EPRA/NAREIT Asia ex Japan REITs 10% Capped Total Return Index.
For illustrative purposes only. Past performance is not an indication of future results.

Diversification benefits

REITs invest in different types of quality properties, allowing investors the opportunity to capture potential growth opportunities from these properties.

Office
Retail
Hotel
Industrial
Healthcare

REITs are professionally managed by property managers

Active tenant-remixing to potentially enhance occupancy and rental rate for retail malls.

Develop long-term development strategies, such as new asset acquisitions and/or portfolio reconsitutions to increase potential returns.

REITs benefit from asset enhancement initiatives, which can help to further enhance property values and maintain sustainable rental income yields.

†Asset enhancement initiative (AEI) is a strategy used frequently by REIT managers to enhance the functional and aesthetical characteristics of a property, such that it has greater potential to yield more income for the REIT, including through positive rental reversion.

For illustrative purpose only; and does not constitute any investment, legal or accounting advice.

Fund information

Share Class S Hedged MDIST (G)/
P (SGD Hedged) MDIST (G)
AA (USD) MDIST (G)/
P (USD) MDIST (G)
AA (AUD Hedged) MDIST (G)/
P (AUD Hedged) MDIST (G)
Investment Objective The Fund aims to provide long-term capital appreciation and income generation primarily through investment in real estate investment trusts (“REITs”) in the Asia-Pacific ex-Japan region.
Base Currency USD
Class Currency SGD USD AUD
Mode of Subscription Cash & SRS Cash Cash
Launch Price SGD 1.00 per unit USD 1.00 per unit AUD 1.00 per unit
Minimum Investment S$1,000/S$100,000 (or the equivalent in any other Major Currency) US$1,000/US$100,000 (or the equivalent in any other Major Currency) A$1,000/A$100,000 (or the equivalent in any other Major Currency)
Distribution Frequency Monthly*
Management Fee P (SGD Hedged) MDIST (G), P (USD) MDIST (G) & P (AUD Hedged) MDIST (G): 1.0% per annum;
S Hedged MDIST (G): 1.25% per annum;
AA (USD) MDIST(G) & AA (AUD Hedged) MDIST (G): 1.5% per annum
Initial Sales Charge Up to 5%
Dealing Frequency Daily
Investment Manager Manulife Asset Management (Hong Kong) Limited

Investment Objective The Fund aims to provide long-term capital appreciation and income generation primarily through investment in real estate investment trusts (“REITs”) in the Asia-Pacific ex-Japan region.
Base Currency USD
Class Currency SGD
Mode of Subscription Cash & SRS
Launch Price SGD 1.00 per unit
Minimum Investment S$1,000/S$100,000 (or the equivalent in any other Major Currency)
Distribution Frequency Monthly*
Management Fee P (SGD Hedged) MDIST (G), P (USD) MDIST (G) & P (AUD Hedged) MDIST (G): 1.0% per annum; S Hedged MDIST (G): 1.25% per annum; AA (USD) MDIST(G) & AA (AUD Hedged) MDIST (G): 1.5% per annum
Initial Sales Charge Up to 5%
Dealing Frequency Daily
Investment Manager Manulife Asset Management (Hong Kong) Limited

Investment Objective The Fund aims to provide long-term capital appreciation and income generation primarily through investment in real estate investment trusts (“REITs”) in the Asia-Pacific ex-Japan region.
Base Currency USD
Class Currency USD
Mode of Subscription Cash
Launch Price USD 1.00 per unit
Minimum Investment US$1,000/US$100,000 (or the equivalent in any other Major Currency)
Distribution Frequency Monthly*
Management Fee P (SGD Hedged) MDIST (G), P (USD) MDIST (G) & P (AUD Hedged) MDIST (G): 1.0% per annum; S Hedged MDIST (G): 1.25% per anum; AA (USD) MDIST(G) & AA (AUD Hedged) MDIST (G): 1.5% per annum
Initial Sales Charge Up to 5%
Dealing Frequency Daily
Investment Manager Manulife Asset Management (Hong Kong) Limited

Investment Objective The Fund aims to provide long-term capital appreciation and income generation primarily through investment in real estate investment trusts (“REITs”) in the Asia-Pacific ex-Japan region.
Base Currency USD
Class Currency AUD
Mode of Subscription Cash
Launch Price AUD 1.00 per unit
Minimum Investment A$1,000/A$100,000 (or the equivalent in any other Major Currency)
Distribution Frequency Monthly*
Management Fee P (SGD Hedged) MDIST (G), P (USD) MDIST (G) & P (AUD Hedged) MDIST (G): 1.0% per annum; S Hedged MDIST (G): 1.25% per anum; AA (USD) MDIST(G) & AA (AUD Hedged) MDIST (G): 1.5% per annum
Initial Sales Charge Up to 5%
Dealing Frequency Daily
Investment Manager Manulife Asset Management (Hong Kong) Limited

∆ Please refer to the Prospectus for details on other available classes.

Investment advisor biographies

Chan Hock Fai, CFA

Head of Equities, Singapore

Hock Fai heads up the Singapore equity investment team and leads all Singapore based equity strategies. Hock Fai has over 20 years of industry experience and deep knowledge of Singapore’s asset management landscape. Prior to joining Manulife Asset Management, Hock Fai spent ten years with Amundi Asset Management Singapore, covering Singapore, regional (Asia Pacific ex-Japan) and global multi-asset portfolios.

Ng Hui Min, CFA

Director, Portfolio Manager, Equities

Hui Min is Portfolio Manager responsible for Singapore equity, balanced and regional REIT portfolios. Hui Min has over 17 years of investment experience and has managed a range of investment strategies from retail portfolios to balanced institutional mandates. Prior to joining Manulife Asset Management, she spent 8 years with UOB Asset Management covering the real estate sector and was responsible for the Asia Pacific REITs strategy.

Where to buy this Fund

Banks

CIMB
DBS
Posb
Standard Chartered

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Financial advisers / Online platforms

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Dollardex
FSM One

Call (65) 6557 2853
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Manulife Financial Advisors

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