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- Introducing Manulife Climate Action Fund, Manulife Climate
Action Class and Manulife Investment Management Global Climate
Pooled Fund1.
- Announcing the availability of the Climate Action Fund in two
segregated fund contracts later in May.
TORONTO, May 4, 2021 /CNW/ - With a continued commitment
to providing investors with innovative investment solutions,
Manulife Investment Management announced today the launch of
climate focused funds. Now available to investors, Manulife Climate
Action Fund and Manulife Climate Action Class join Manulife
Investment Management Global Climate Pooled Fund, which became
available to institutional investors this past February. These
climate focused funds are seeking long-term capital growth by
investing in organizations making positive contributions to climate
change mitigation. Starting May 25,
the Manulife Climate Action Fund will also be available in two
Manulife Segregated fund contracts: GIF Select InvestmentPlus
Series and MPIP Segregated Pools.
"Investors want their investments to generate growth and have a
positive impact on the world," said Leo
Zerilli, Head of Manulife Investment Management in
Canada. "We recognize the benefits
and opportunities arising from the transition to a low carbon
economy and a healthier planet. For this reason, we strive to offer
products and services that can empower customers to make their own
sustainable choices and build resilience in the face of climate
change."
The Manulife Climate Action Fund seeks to provide long-term
capital growth by investing primarily in a diversified portfolio of
global security issuers who are also leaders in making positive
contributions to mitigating climate change. The Fund uses the Paris
Agreement and science-based targets as a framework for its stock
selection process by investing in companies with clear plans to
reduce their carbon footprint.
"Our belief is that organizations demonstrating progress within
the three ESG factors – environment, social and corporate
governance – will tend to have a good understanding of risks and
show better return potential," said Patrick
Blais, Head of Manulife Investment Management's Fundamental
Equity Team. "Our team uses extensive research to identify climate
leaders combined with bottom-up fundamental security selection
to help bring the most value to investors."
Proprietary analysis is used to construct and analyze the
historical economic earnings of a company to gain an understanding
of the business being studied. Factors such as the magnitude and
volatility of a company's earnings, competitive advantages,
products, and other performance drivers are also considered in
selecting securities for the
Fund.
"Our ESG team works closely with Manulife Investment
Management's Fundamental Equity team. Together we developed this
investment strategy that identifies companies that not only clearly
articulate their approach to sustainability but are also
transparent in their reporting," said Margaret Childe, Head of ESG Canada, Manulife
Investment Management. "This provides the opportunity for investors
to invest in companies taking serious actions towards climate
change without sacrificing potential returns."
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1 The
new funds launched by Manulife Investment Management are only
available in Canada.
|
About Manulife Investment Management
Manulife Investment Management is the global wealth and asset
management segment of Manulife Financial Corporation. We draw on
more than a century of financial stewardship and the full resources
of our parent company to serve individuals, institutions, and
retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public
and private markets are strengthened by an investment footprint
that spans 17 countries and territories. We complement these
capabilities by providing access to a network of unaffiliated asset
managers from around the world. We're committed to investing
responsibly across our businesses. We develop innovative global
frameworks for sustainable investing, collaboratively engage with
companies in our securities portfolios, and maintain a high
standard of stewardship where we own and operate assets, and we
believe in supporting financial well-being through our workplace
retirement plans. Today, plan sponsors around the world rely on our
retirement plan administration and investment expertise to help
their employees plan for, save for, and live a better
retirement.
As of March 31, 2021, Manulife
Investment Management had CAD $764.1
billion (US $607.6 billion) in
assets under management and administration. Not all offerings are
available in all jurisdictions. For additional information, please
visit manulifeim.com.
This communication is not, and under no circumstances is to be
construed as, an invitation to make an investment in the Manulife
Investment Management Global Climate Pooled Fund (the "Fund") nor
does it constitute a public offering to sell units of the Fund.
Subscriptions for units of the Fund will only be considered on the
terms of the Fund's Offering Memorandum (the "OM"). Units of the
Fund are only available for purchase by "accredited investors", as
such term is defined under applicable Canadian securities
legislation. Please refer to the OM for a discussion of the risks
of investing. Commissions, trailing commissions, management fees
and expenses all may be associated with mutual fund investments and
the use of an asset allocation service. Please read the fund
facts as well as the prospectus of the mutual funds in which
investment may be made under the asset allocation service before
investing. Mutual funds are not guaranteed, their values
change frequently and past performance may not be repeated.
Manulife Funds and Manulife Corporate Classes are managed by
Manulife Investment Management Limited (formerly named Manulife
Asset Management Limited). Manulife Investment Management is
a trade name of Manulife Investment Management Limited. The
Manufacturers Life Insurance Company (Manulife) is the issuer of
insurance contracts containing Manulife segregated funds and the
guarantor of any guarantee provisions therein. Manulife Investment
Management is a trade name of Manulife.
SOURCE Manulife Investment Management