Manulife launches Manulife Global Thematic Fund

KUALA LUMPUR: Manulife Investment Management (M) Bhd announced the launch of the Manulife Global Thematic Fund that aims to capture growth opportunities from four megatrends – urbanisation, technological innovation, resource scarcity, and demographic & social change – areas in which structural change is taking place and transforming the way people live.

In a press statement, it said, thematic investing is gaining popularity as investment decisions are being impacted by long-term megatrends, which transcend into individual themes. Companies around the world that enable and benefit from these themes will likely see higher earnings growth and gain market share, providing opportunities for investors to participate in these growth areas.

The fund will invest at least 95 per cent of its net asset value into the Allianz Global Investors Fund – Allianz Thematica (Target Fund) which is managed by Allianz Global Investors GmbH.

The actively managed Target Fund invests primarily in global equity markets with a focus on theme and stock selection and strives to build a diversified portfolio that is unconstrained by region, sector or market cap.

This enables the fund manager to pick companies that are aligned with the themes best positioned to benefit from long-term fundamental changes, therefore giving investors a chance to stay ahead of the investing curve.

“The Covid-19 pandemic has accelerated some of the structural shi s in areas such as advances in technological innovations, changes in demographics and consumer preferences globally.

“It was a wake-up call for people around the world to revisit what is essential, how we adjust to a new normal, and what needs to be done to protect our future.”