Manulife Global Fund – Shareholder Notice dated 2 June 2022
Shareholder Notice
- Please find attached the Notice to Shareholders dated 2 June 2022 issued by Manulife Global Fund (MGF), with changes coming into effect on 18 July 2022.
Appended table summarises the changes.
Item
Summary of changes 1
Investment objective change to MGF Asia Total Return to enable investment in LAPs and CoCos up to 20% 2
Investment objective change to MGF China Total Return Bond Fund to enable investment in LAPs and CoCos up to 20% 3
Investment objective change to MGF Global Multi Asset Diversified Income to enable investment in LAPs and CoCos up to 5% 4
Changes to MGF Sustainable Asia Bond Fund: i) Investment policy change to enable the fund to invest up to 10% via bond stock ii) Investment policy change to minimum exposure in Environmental, Social and Governance (“ESG”) themed bonds from 10% to 15% iii) Changes to ESG process5
Repositioning of MGF Asian Equity Fund to MGF Sustainable Asia Equity Fund 6
Inclusion of India tax disclosure 7
Enhancement to disclosure of MGF Asia Dynamic Income Fund to comply with SFC requirement 8
Enhancement to disclosure of MGF Asian Short Duration Bond Fund to comply with SFC requirement 9
General and Administrative Updates - Update of PRC taxation and addition of disclosure on India taxation
- Simplification of disclosures on initial subscription price of share classes
- Simplification of disclosures regarding performance fees (not currently levied on any of the sub-funds)
- Update of additional information for investors in the UK
- Enhancement of disclosures on “Small-Cap/Mid-Cap Risks” and risks associated with bond funds
- Amendments to disclosures to reflect regulatory updates and requirements under the Sustainable Finance Disclosure Regulation in the European Union
For more details, you might refer to the shareholder notice.