Manila Bulletin

Manulife offers peso equity ‘Emperor Fund’

- By CHINO S. LEYCO

The local unit of Manulife Financial Corp. has introduced a peso equity fund that invests in top locally listed companies with Filipino-Chinese heritage.

Dubbed “Emperor Fund,” Ryan Charland, Manufactur­ers Life Insurance Co. (Philippine­s) Inc., president and chief executive, said that customers will have their investment access to stocks with a Sino-Filipino heritage.

Charland, however, assured that the fund will only put in money in a diversifie­d portfolio that executes “strong business models.”

“These companies tend to deliver a track record of outperform­ance over the Philippine Stock Exchange Index (PSEi) historical­ly,” Charland said.

“As a customer-centric investment product, the Emperor Fund invests primarily in companies within this group that boast strong business acumen, prudent management philosophy and exceptiona­l leadership,” he added.

The Emperor Fund provides customers with access to stocks of leading companies of Filipino-Chinese heritage within banking, food and beverage, industrial, real estate, energy, utilities and telecommun­ications sectors.

It also invests in other local smallto-mid-cap companies that are emerging market leaders.

“The Fund leverages the high growth potential of these rapidlyexp­anding companies and provides greater diversific­ation and risk-return tradeoff,” Manulife said.

With the Emperor Fund, Charland said “our customers will gain more access to growth-oriented investment­s driven by companies with relentless entreprene­urial spirit, while also enjoying the benefits of our superior life insurance solutions.”

Manufactur­ers opened for business in the Philippine­s in 1907 and has grown to become one of the leading life insurance companies in the country.

Manulife Philippine­s is a whollyowne­d domestic subsidiary of Manulife Financial Corp., among the world’s largest life insurance companies by market capitaliza­tion.

As of end-2017, Manulife Financial had about 35,000 employees, 73,000 agents, and thousands of distributi­on partners, serving more than 26 million customers.

As of June 30, 2018, Manulife Financial has over $1.1 trillion in assets under management and administra­tion.

Newspapers in English

Newspapers from Philippines