Manulife Launches Private Investment Pool


    Manulife Investments, a division of Manulife Asset Management Limited, has launched its Manulife Private Investment Pool, Manulife U.S. Balanced Value Private Trust, and two new mutual funds, the Manulife Strategic Investment Grade Global Bond Fund and the Manulife U.S. Dollar Strategic Income Fund. The U.S. balanced value private trust will join the private investment pools platform geared towards affluent investors and will primarily invest in U.S. dividend paying equity and fixed income securities. Inspired by its U.S. monthly high income fund, the pool applies the same investment objective, process, and strategy, but within the pooled program which includes competitive fees and the ability to allow households to group accounts to potentially receive greater management fee reductions.