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 stockii) Investment policy change to minimum exposure in Environmental, Social and Governance (“ESG”) themed bonds from 10% to 15%iii) Changes to ESG process

    5

    		 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

    1. Update of PRC taxation and addition of disclosure on India taxation
    2. Simplification of disclosures on initial subscription price of share classes
    3. Simplification of disclosures regarding performance fees (not currently levied on any of the sub-funds)
    4. Update of additional information for investors in the UK
    5. Enhancement of disclosures on “Small-Cap/Mid-Cap Risks” and risks associated with bond funds
    6. 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.

Contact us to Open an Account

Need Assistance? Share your Details and we’ll get back to you

IMPORTANT INFORMATION

This material is provided by Phillip Capital Management (S) Ltd (“PCM”) for general information only and does not constitute a recommendation, an offer to sell, or a solicitation of any offer to invest in any of the exchange-traded fund (“ETF”) or the unit trust (“Products”) mentioned herein. It does not have any regard to your specific investment objectives, financial situation and any of your particular needs. You should read the Prospectus and the accompanying Product Highlights Sheet (“PHS”) for key features, key risks and other important information of the Products and obtain advice from a financial adviser (“FA“) pursuant to a separate engagement before making a commitment to invest in the Products. In the event that you choose not to obtain advice from a FA, you should assess whether the Products are suitable for you before proceeding to invest. A copy of the Prospectus and PHS are available from PCM, any of its Participating Dealers (“PDs“) for the ETF, or any of its authorised distributors for the unit trust managed by PCM.  

An ETF is not like a typical unit trust as the units of the ETF (the “Units“) are to be listed and traded like any share on the Singapore Exchange Securities Trading Limited (“SGX-ST”). Listing on the SGX-ST does not guarantee a liquid market for the Units which may be traded at prices above or below its NAV or may be suspended or delisted. Investors may buy or sell the Units on SGX-ST when it is listed. Investors cannot create or redeem Units directly with PCM and have no rights to request PCM to redeem or purchase their Units. Creation and redemption of Units are through PDs if investors are clients of the PDs, who have no obligation to agree to create or redeem Units on behalf of any investor and may impose terms and conditions in connection with such creation or redemption orders. Please refer to the Prospectus of the ETF for more details.  

Investments are subject to investment risks including the possible loss of the principal amount invested. The purchase of a unit in a fund is not the same as placing your money on deposit with a bank or deposit-taking company. There is no guarantee as to the amount of capital invested or return received. The value of the units and the income accruing to the units may fall or rise. Past performance is not necessarily indicative of the future or likely performance of the Products. There can be no assurance that investment objectives will be achieved.  

Where applicable, fund(s) may invest in financial derivatives and/or participate in securities lending and repurchase transactions for the purpose of hedging and/or efficient portfolio management, subject to the relevant regulatory requirements. PCM reserves the discretion to determine if currency exposure should be hedged actively, passively or not at all, in the best interest of the Products.  

The regular dividend distributions, out of either income and/or capital, are not guaranteed and subject to PCM’s discretion. Past payout yields and payments do not represent future payout yields and payments. Such dividend distributions will reduce the available capital for reinvestment and may result in an immediate decrease in the net asset value (“NAV”) of the Products. Please refer to <www.phillipfunds.com> for more information in relation to the dividend distributions.  

The information provided herein may be obtained or compiled from public and/or third party sources that PCM has no reason to believe are unreliable. Any opinion or view herein is an expression of belief of the individual author or the indicated source (as applicable) only. PCM makes no representation or warranty that such information is accurate, complete, verified or should be relied upon as such. The information does not constitute, and should not be used as a substitute for tax, legal or investment advice.  

The information herein are not for any person in any jurisdiction or country where such distribution or availability for use would contravene any applicable law or regulation or would subject PCM to any registration or licensing requirement in such jurisdiction or country. The Products is not offered to U.S. Persons. PhillipCapital Group of Companies, including PCM, their affiliates and/or their officers, directors and/or employees may own or have positions in the Products. Any member of the PhillipCapital Group of Companies may have acted upon or used the information, analyses and opinions herein before they have been published. 

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

 

Phillip Capital Management (S) Ltd (Co. Reg. No. 199905233W)  
250 North Bridge Road #06-00, Raffles City Tower ,Singapore 179101 
Tel: (65) 6230 8133 Fax: (65) 65383066 www.phillipfunds.com