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Manulife Asia Pacific Investment Grade Bond Fund​

Delivering income from quality sources​

Access high quality Asian markets

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Stable income from quality sources

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Fund information

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Access high quality Asian markets

 

Most of the Asian markets are now of investment grade quality. Countries such as Philippines and Indonesia have had their sovereign credit ratings upgraded from non-investment grade to investment grade over the past decade.

 


Sovereign rating trends over the past ten years1

Asian market IG

 

When compared to other growth markets such as Latin America (LATAM) and Eastern Europe, Middle East and Africa (EEMEA), Asian economies are well supported by a cushion of about US$6 trillion in foreign reserves. Having ample foreign reserves is essential in ensuring the stability of a country’s currency.



Large foreign reserves2

Default rate

 

Asian bonds have offered better risk-adjusted returns than most asset classes.



10-year risk return3

(SG) 201023 – Manulife income solutions brochure_v7_0504

Stable income from quality sources

 

A portfolio of high quality Asia Pacific companies

Investing primarily in investment-grade debt securities​ issued by governments and companies in the Asia-Pacific region to provide stability. Max. 5% in non-investment grade credit for potential capital growth

Currency

 

Adaptable to different interest rate environments

Duration range from 1–5 years

Currency

 

Receive potential regular income4

Potential monthly payout

 

Fund information

  Class A-MDIST SGD Class A - ACC SGD
Investment objective The Fund aims to maximize total returns from a combination of capital appreciation and income generation through investing primarily in a diversified portfolio of investment grade debt securities issued by governments, agencies, supranationals and corporate issuers in the Asia Pacific region.
Inception date​ 21-01-2014
ISIN code SG9999011142 SG9999011134
Bloomberg ticker MAIGBAM SP MAPIGBA SP
Base currency​ SGD
Mode of subscription Cash and SRS Cash, SRS, CPFIS-OA and CPFIS-SA
Share class currency SGD
Launch price SGD 1.00 per unit
Minimum investment SGD5,000 SGD1,000
Distribution frequency​​4 Monthly Not applicable
Management fee 0.75% p.a. 0.75% p.a.
Initial sales charge Up to 5.0%
Dealing frequency Daily
Investment manager Manulife Investment Management (Singapore) Pte. Ltd.
Fund size SGD 463.28 million (as of 31 March 2021)

Investment objective​: The Fund aims to maximize total returns from a combination of capital appreciation and income generation through investing primarily in a diversified portfolio of investment grade debt securities issued by governments, agencies, supranationals and corporate issuers in the Asia Pacific region. ​

Inception date:​ 21-01-2014

ISIN code: SG9999011142 

Bloomberg ticker: MAIGBAM SP 

Base currency​: SGD

Mode of subscription​: Cash​ and SRS

Share class currency​: SGD​

Launch price​: SGD 1.00 per unit​

Minimum investment​: SGD 5,000

Distribution frequency4​: Monthly

Management fee​: 0.75% p.a.​

Initial sales charge​: Up to 5.0%​

Dealing frequency​: Daily​

Investment manager​: Manulife Investment Management (Singapore) Pte. Ltd.​

Fund size: SGD 463.28 million (as of 31 March 2021)

Investment objective​: The Fund aims to maximize total returns from a combination of capital appreciation and income generation through investing primarily in a diversified portfolio of investment grade debt securities issued by governments, agencies, supranationals and corporate issuers in the Asia Pacific region. ​

Inception date:​ 21-01-2014

ISIN code: SG9999011134

Bloomberg ticker: MAPIGBA SP

Base currency​: SGD

Mode of subscription​: Cash​, SRS, CPFIS-OA and CPFIS-SA

Share class currency​: SGD​

Launch price​: SGD 1.00 per unit​

Minimum investment​: SGD 1,000

Distribution frequency​4: Not applicable

Management fee​: 0.75% p.a.​

Initial sales charge​: Up to 5.0%​

Dealing frequency​: Daily​

Investment manager​: Manulife Investment Management (Singapore) Pte. Ltd.​

 

Portfolio manager

 

Endre Pedersen​, Deputy Chief Investment Officer (CIO), Global Fixed Income

Endre is Deputy CIO, Global Fixed Income and lead manager for the company’s pan-Asian fixed income strategies. His main responsibilities include overseeing the development and implementation of the investment philosophy, risk management, and performance of all our fixed income strategies worldwide. Endre has extensive investment experience in developed Asian markets, having managed single- and multiple-currency funds with exposure to Asian sovereign and corporate debt. Before joining Manulife Investment Management, he worked as a Senior Fixed Income Portfolio Manager for DBS Asset Management. Prior to this, he was a Fixed Income Portfolio Manager for Hermes Investment Management and F&C Management in London.​

 

Endre Pedersen​, Deputy Chief Investment Officer (CIO), Global Fixed Income

Endre is Deputy CIO, Global Fixed Income and lead manager for the company’s pan-Asian fixed income strategies. His main responsibilities include overseeing the development and implementation of the investment philosophy, risk management, and performance of all our fixed income strategies worldwide. Endre has extensive investment experience in developed Asian markets, having managed single- and multiple-currency funds with exposure to Asian sovereign and corporate debt. Before joining Manulife Investment Management, he worked as a Senior Fixed Income Portfolio Manager for DBS Asset Management. Prior to this, he was a Fixed Income Portfolio Manager for Hermes Investment Management and F&C Management in London.​

 

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Notes:

1. Bloomberg, Foreign Currency Long-term Rating as of 31 March 2021.

2. Bloomberg, as of 31 March 2021.

3. Bloomberg, 31 December 2020. In US dollar terms for the period 31 December 2010 to 31 December 2020 unless otherwise noted. Asian bonds (ex-Japan) is represented by 50% Markit iBoxx ALBI + 50% JPMorgan Asia Credit Index; Asian High Yield is represented by JPMorgan Asian Credit Non-Investment Grade Index; Asian equities (ex-Japan) is represented by MSCI AC Asia Pacific ex Japan Index; EM Debt is represented by 50% JPMorgan GBI-EM Broad Index + 50% JPMorgan CEMBI Index; EM Equities is represented by MSCI Emerging Market Equity Index; Euro government bonds is represented by BofA Merrill Lynch Euro Government Index; Global aggregate bonds is represented by Bloomberg Barclays Global-Aggregate Total Return Index; Global corporate bonds is represented by BofA Merrill Lynch Global Corporate Index; Global equities is represented by MSCI World Index; Global high yield is represented by BofA Merrill Lynch Global High Yield Index; Money markets (cash) is represented by BofA Merrill Lynch US Dollar 3-Month Deposit Offered Rate Average Index; Real estate is represented by Dow Jones Composite REIT Total Return Index; US equities is represented by S&P 500 Index; US Treasuries is represented by BofA Merrill Lynch US Treasury Index. Risk is measured in terms of the standard deviation.

4. The intention of the Manager to make the monthly distribution and the distribution yield for the Fund is not guaranteed, and the Manager may in future review the distribution policy depending on prevailing market conditions.

Important Information

Manager of the Fund: Manulife Investment Management (Singapore) Pte. Ltd. (“Manulife”) (Company Registration Number: 200709952G). The information provided herein does not constitute financial advice, an offer or recommendation with respect to the Fund. Opinions, forecasts and estimates on the economy, financial markets or economic trends of the markets mentioned herein are not necessarily indicative of the future or likely performance of the Fund. The Fund may use financial derivative instruments for efficient portfolio management and/or hedging.

Investments in the Fund are not deposits in, guaranteed or insured by the Manager and involve risks. Past performance of the manager or sub-manager is not necessarily indicative of its future performance. The value of units in the Fund and any income accruing to them may fall or rise. Past performance of the Fund is not necessarily indicative of future performance. Investors should read the prospectus, and seek advice from a financial adviser before deciding whether to purchase units in the Fund. A copy of the prospectus and the product highlights sheet can be obtained from Manulife or its distributors. In the event an investor chooses not to seek advice from a financial adviser, he should consider whether the Fund is suitable for him. ​

Distributions are not guaranteed. Investors should refer to the prospectus for the distribution policy of the Fund. The Manager shall have the absolute discretion to determine whether a distribution is to be made in respect of the Fund as well as the rate and frequency of distributions to be made. Distributions may be made out of (a) income, or (b) net capital gains, or (c) capital of the Fund, or (d) any combination of  (a), (b) and/or (c). Past distribution yields and payments are not necessarily indicative of future distribution yields and payments. Any payment of distributions by the Fund is expected to result in an immediate decrease in the net asset value per unit of the Fund.​

This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.​