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Manulife Global Fund

Enhanced Distribution Retirement Investment Series

Blending income and dividends for a sweeter retirement life

Living costs are high and day-to-day expenses can often exceed budgets. As a result, many of you are looking for relatively steady and reliable investment opportunities that will enhance your income – particularly those nearing retirement.

How can you improve your cash flow and add some sweetness to your retirement life?

There are so many income products, but which one delivers a higher potential return?

The Enhanced Distribution retirement investment series offers a new source of income – the R share class.

The R share class has two distinct income-paying sources:

  • Traditional monthly dividends that are based on your portfolio.
  • An additional distribution yield of 2.5% p.a.1 that we systematically withdraw from your realised capital gains and/or capital.

Both sources work together to provide with a potentially higher monthly income and improved cash flow.

(The distribution amount is not guaranteed. Distribution may be paid out of capital. Refer to Important Note 2.)

A higher monthly income – systematic capital withdrawal plus traditional dividends

By investing for the longer term, we aim to pursue a higher potential yield, along with more stable and more predictable capital gains. With an additional monthly distribution income, you will have extra money to spend on other retirement purposes. What’s more, since capital is used to pay monthly dividends, its positive value will gradually decrease. In turn, this helps to reduce market exposure, withstand periods of volatility, and protect against downturns in share prices.

R share class – Hypothetical Numerical Example

What will investors receive every month?

For illustrative purposes only.

R share class – Highlights

Manulife has been serving your wealth management needs for more than 100 years. With over 550 investment experts6 based in 17 geographies, Manulife Investment Management continuously strives to provide you with ideal retirement investment solutions.

The systematic withdrawal of capital generates an additional layer of predictable retirement income

Our long-term investment strategy helps to navigate changing markets

Aims to generate a higher yield that will help to boost your retirement cash flow

The removal of the ‘accumulation’ period means a higher level of monthly distribution

The R share class is available in the Manulife Global Fund series7. It offers monthly distributions and retirement returns with different characteristics that match your personal goals and preferred level of risk.

Distribution type of R share class is Enhanced Monthly Distributing (Unhedged).
  1. Dividend composition:
    Distribution Type: Enhanced Monthly Distributing (Unhedged)
    Dividend composition: The distribution applicable to R Classes comprises of (i) a distribution determined by taking into consideration the securities held by the portfolio of the relevant Sub-Fund and the gross investment income that such securities are likely to generate over the coming year; and (ii) an additional distribution from realised capital gains and/or capital at a fixed rate of [2.5%] of NAV per share per annum based on the initial subscription price during the year of inception and the NAV per share on the first business day of each calendar year after that.
  2. A distribution determined by taking into consideration the securities held by the portfolio of the relevant Sub-Fund and the gross investment income that such securities are likely to generate over the coming year.
  3. The additional distribution portion is reviewed and fixed on the first business day of each calendar year and will be paid for the coming 12 months.
  4. Annualised yield =[(1+distribution per unit/ex-dividend NAV) ^ distribution frequency per annum]–1, for example, 8.62% = [(1+0.0681/9.85)^12]-1. The annualised dividend yield is calculated on the basis of the latest relevant dividend distribution and dividend reinvested, and may be higher or lower than the actual annual dividend yield. Please note that dividend is not guaranteed, and a positive dividend yield does not imply a positive return.
  5. The R share class is launched in January 2020, the first distribution record date is 28 February 2020 and the payment date is 9 March 2020.
  6. Total is comprised of investment professionals of Manulife Investment Management, Manulife-TEDA Fund Management Co. Ltd., a 49% joint venture is a joint venture between Manulife Financial and Northern International Trust, part of the Tianjin TEDA Investment Holding Co. Ltd. (TEDA), and Mahindra Manulife Investment Management Private Limited, a 49% joint venture of Manulife and Mahindra AMC. As of 31 December 2020. Total includes investment professionals in Manulife Asset Management (Thailand) Limited, which is no longer part of the Manulife group of companies from 31 March 2021 onwards.
  7. Applicable to part of the sub-funds only. Please refer to the offering document for details.

Contact your Manulife Financial Planning Manager
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Important Notes:
  1. Manulife Global Fund is an umbrella fund comprising a number of sub-funds investing in equity and/or fixed income securities, each of which has a different investment objective and risk profile and may involve equity market,  geographical concentration, sovereign debt, liquidity, volatility, credit downgrade, interest rate, counterparty risks.
  2. The relevant distributing class of the sub-funds does not guarantee distribution of dividends, the frequency of distribution and the amount/rate of dividends. Dividends may be paid out of income, realized capital gains and/or out of capital of certain sub-funds in respect of Inc share class(es). Dividends may be paid out of realized capital gains, capital and/or gross income while charging all or part of their fees and expenses to capital (i.e. payment of fees and expenses out of capital) in respect of MDIST (G) and R MDIST (G) share class(es).  Dividends paid out of capital of these sub-funds amounts to a return or withdrawal of part of the amount of an investor’s original investment or from any capital gains attributable to that original investment and may result in an immediate decrease in the net asset value per share in respect of such class(es) of the sub-funds.
  3. Certain sub-funds invest in emerging economies or markets, where special risks, including liquidity, volatility, government policies, taxation, currency, currency repatriation, political and regulatory risks, may be substantially higher than the risks normally associated with more developed economies or markets.
  4. Certain sub-funds invest in securities of small and medium sized companies in the relevant markets. This can involve greater risk than is customarily associated with investments in larger and more established companies.
  5. Certain sub-funds concentrate their investments in a single country and/or a particular industry sector are subject to greater risks than diversified investments in several countries and/or regions and across sectors.
  6. Certain sub-funds may invest directly in certain China A shares via Stock Connect, which may involve in risk related to Investments via Stock Connect and Mainland China investment.
  7. Investment involves risk. The sub-funds may expose their investors to capital loss. Investors should not invest solely based on this material and should read the offering document for details including the risk factors, charges and features of the sub-funds and their share classes.
  8. Each sub-fund intends to use financial derivative instruments (“FDIs”) for investment, efficient portfolio management and/or hedging purposes.  The use of FDIs exposes the Fund to additional risks, including volatility risk, management risk, market risk, credit risk and liquidity risk.
  9. Given RMB is currently not a freely convertible currency,  payment of redemptions and/or dividend payment in RMB may be delayed due to the exchange controls and restrictions applicable to RMB. As offshore RMB (CNH) will be used for the valuation of RMB denominated Class(es), CNH rate may be at a premium or discount to the exchange rate for onshore RMB (CNY) and there may be significant bid and offer spreads and thus the value of the RMB denominated Class(es) will be subject to fluctuation.  Any devaluation of RMB could adversely affect the value of investors’ investments in the RMB denominated Class(es) of certain sub-funds.