Savage said the expansion gives advisors “more choice and flexibility” while keeping the protection and legacy planning features that segregated funds carry.
Three of the new funds draw on Manulife Investment Management‘s existing mutual fund and ETF strategies, which the insurer attributed to strong advisor demand, covering US equity, international dividend, and short-term bond mandates inside an insured structure:
- Manulife U.S. Opportunities Segregated Fund
- Manulife Smart International Dividend ETF Segregated Fund
- Manulife Smart Short-Term Bond ETF Segregated Fund
Fidelity Investments Canada ULC supplies three more across Canadian, global, and balanced mandates:
- Manulife Fidelity Canadian Growth Company Segregated Fund
- Manulife Fidelity Global Equity+ Segregated Fund
- Manulife Fidelity Income Portfolio Segregated Fund
Two ETF-based funds complete the eight, Manulife said:
- Manulife BlackRock Core Equity ETF Segregated Fund, an all-in-one index equity solution targeting long-term capital growth through diversified exposure to Canadian, US, international, and emerging market equities
- Manulife Invesco NASDAQ 100 ETF Segregated Fund, giving contract holders exposure to large US-listed companies through an insurance contract
Series availability widens on 11 existing funds, according to the announcement: