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Manulife unit offers new UITF product
The Philippine Star
|November 29, 2024
A wholly owned subsidiary of Manulife Philippines has launched a unit investment trust fund (UITF) that aims to offer high-quality, low-volatility income opportunities by tapping into the best sources of income across the global fixed-income universe.
In a statement yesterday, Manulife Investment Management and Trust Corp. (Manulife Investment Management Philippines) announced the launch of the Manulife Global Income Feeder Fund.
The product provides investors access to dollar-denominated fixed income and fixed income-related securities of issuers globally, giving them high-quality and stable income generation opportunities.
Investors may access the fund for as low as P1,000 or $1,000.
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