Manulife IM Philippines has launched the Manulife Global Money Market Feeder Fund, a unit investment trust fund (UITF) designed to generate competitive US dollar money market returns. The Fund offers investors access to a portfolio of high-quality credit rating, global short-term investments, specifically money market instruments denominated in US dollars or hedged against the US dollar, with an average portfolio maturity of 90 days or less.
“Money market securities are resilient across interest rate cycles, providing a cushion against market volatility. The Manulife Global Money Market Feeder Fund seeks to deliver steady returns that can help enhance the performance of one’s investment portfolio,” said Aira Gaspar, President and CEO, Manulife IM Philippines.
The Fund invests in a collective investment scheme (the “Target Fund”) that has consistently generated positive net performance over the past decade. It is the newest among Manulife IM Philippines’ distinctive suite UITFs for varied investment objectives and risk appetites.
Interested investors may open a UITF account online through Manulife iFUNDS, a secure digital investment platform that makes it easy and convenient for investors to manage their UITF investments. For more information on the investments that best suit your investment goals, you may contact a Manulife Wealth Specialist or visit manulifeim.com.ph.
