Manulife Asset Management Services Berhad declares dividend distribution for …

Manulife Asset Management Services Berhad, a subsidiary of Manulife Holdings Berhad, has declared dividend distributions for two of its funds, the Manulife Bond Plus Fund and the Manulife Equity Plus Fund.

Total gross distributions declared for the financial year ending 31 October 2013 are as follows:

Fund

Gross distribution per unit

Indicative yield

Manulife Bond Plus Fund

2.3 sen per unit

4.05%*

Manulife Equity Plus Fund

5.7 sen per unit

7.50%*

·          Based on net asset valuation as at 31 October 2013.

Edward Ooi, Chief Executive Officer of Manulife Asset Management Services Berhad, commented: “We are pleased to declare the inaugural income distributions for the Manulife Bond Plus Fund and the Manulife Equity Plus Fund. The distributions reflect our expertise in investment management, which is based on in-depth research and stringent risk management by our on-the-ground equity and fixed income professionals. Both funds have outperformed their respective benchmarks since their launch1.”

The Manulife Bond Plus Fund aims to generate returns for investors based on a combination of recurring income and capital appreciation by investing primarily in fixed income securities. As at 31 October 2013, the Fund had generated a total cumulative return of 13.64%2 since its launch compared to the benchmark return of 11.98%3.

The Manulife Equity Plus Fund aims to deliver medium- to long-term capital growth by investing primarily in equities and equity related securities. As at 31 October 2013, the Fund had generated a total cumulative total return of 52.00%2 since its launch compared to the benchmark return of 39.20%4.

Jason Chong, Chief Investment Officer with Manulife Asset Management Services Berhad, explained: “Investors should be aware that it is not only bonds that have the potential to pay regular income. Listed companies are increasingly returning a portion of their earnings to investors in the form of dividend payments, which can contribute significantly to total returns. For example, the attractive performance of the Manulife Equity Plus Fund and its ability to pay a distribution reflects a combination of capital appreciation and dividend income.”

Manulife Asset Management Services Berhad operates under Manulife Asset Management, which is part of Canada-based Manulife Financial. Manulife Asset Management, which has over 330 investment professionals working across 17 countries and territories, combines the global resources of a financial services leader with the responsiveness and focus of a boutique asset management firm.

On the local front, Manulife Asset Management Services Berhad offers unit trusts and is also one of only eight investment service providers under the Private Retirement Scheme (PRS) in Malaysia, a voluntary investment scheme initiated by the Government to help Malaysians accumulate savings to bolster retirement income security.   

The Manulife Bond Plus Fund and the Manulife Equity Plus Fund were incepted on 18 January 2010.

Since inception, 29 December 2009. Manulife Asset Management.

Benchmark = Malaysia Malayan Banking Deposit Rate 12-Month; Bloomberg, 31 October 2013.

About Manulife Asset Management Services Berhad

Manulife Asset Management Services Berhad (MAMSB) is a substantially owned subsidiary of Manulife Holdings Berhad, which is majority owned by Canada-based Manulife Financial Corporation. MAMSB operates under the brand name of Manulife Asset Management and holds Capital Markets Services License for fund management, dealing in securities restricted to unit trusts and dealing in private retirement schemes, under the Capital Markets Services Act 2007.  

About Manulife Asset Management

Manulife Asset Management is the global asset management arm of Manulife Financial, providing comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. This investment expertise extends across a broad range of public, private, and alternative asset classes, as well as asset allocation solutions. As at September 30, 2013, assets under management for Manulife Asset Management were C$265 billion (US $258 billion).

Manulife Asset Management’s public markets units have investment expertise across a broad range of asset classes including public equity and fixed income, and asset allocation strategies. Offices with full investment capabilities are located in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife Asset Management has a joint venture asset management business in China, Manulife TEDA. The public markets units of Manulife Asset Management also provide investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock. John Hancock Asset Management and Declaration Management and Research are units of Manulife Asset Management.

Additional information about Manulife Asset Management may be found at ManulifeAM.com.

About Manulife Financial

Manulife Financial is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions.

Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife Financial and its subsidiaries were C$574.6 billion (US$558.7 billion) as at September 30, 2013. The Company operates as Manulife Financial in Canada and Asia and primarily as John Hancock in the United States.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife Financial can be found on the Internet at manulife.com.

Media contact:

Malaysia:

Yip Yi Ling
Manulife Insurance Berhad
Tel: (03) 2719 9228 (ext 541)
Fax: (03) 2094 8139
yiling_yip@manulife.com

Asia:

Ginie Lam
Manulife Asset Management (Asia)
Tel: +852 2202 1965
ginie_yn_lam@manulifeam.com

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Friday, November 29th, 2013 EN

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