Investing local and global Unit Investment Trust Funds (UITFs) is now more accessible to Filipinos as Manulife Investment Management and Trust Corporation (Manulife IM Philippines) lowers the minimum investment amount for all its funds from P5,000 to P1,000 starting March 2023.
Manulife announced that income payouts from Manulife investment portfolio that include Manulife Asia Dynamic Bond Feeder Fund, Manulife Global Preferred Income Feeder Fund, Manulife Global Multi-Asset Diversified Income Feeder Fund and Manulife Global REIT Feeder Fund will shift from semi-annual to monthly income payouts starting August 1, 2023, allowing investors to actually experience return on their investment on a more regular basis.
Manulife’s Asia Pacific REIT Fund of Funds, which invests in a diversified portfolio of exchange-listed REITs in the Asia Pacific region, will continue to have semi-annual payouts but will have a lowered minimum investment amount of P1,000 starting March 2023.
Investors can receive their monthly income payouts via credit to their bank accounts or arrange for them to be topped up to their funds adding more value to their investments. Income payouts lower than P100 or $20 will be automatically reinvested into investors’ respective funds to enable them to earn more income over time.
Manulife investment funds are available on Manulife iFunds, an easy-to-use one-stop digital fund investment platform that allows investors to manage their portfolios anytime, anywhere.
Manulife IM Philippines has 19 Funds available, providing investors access to local and global investment opportunities depending on their goals, needs, and risk profiles. In 2022, the company already became one of the country’s largest fund managers, with more than P162.6 billion in assets under management (AUM), a net income of P84.3 million, and a customer base of over 13,000 investors.