The Manulife Asset Management and Trust Corporation

The Manulife Asset Management and Trust Corp., is the first trust corporation in the Philippines backed by a leading multinational financial services group.  Trust corporations are entities duly authorized by the Bangko Sentral ng Pilipinas to engage in funds management under either a trustor-trustee arrangement or an agency type of agreement.  

Now  Manulife will serve both retail and institutional clients with their Unit Investment Trust Funds (UITFs.) 

Ryan Charland, Pres. & CEO of Manulife Phils., said "the group entry into this business was meant to complement its suite of offerings to include solutions which were free from insurance.  This is seen necessary to broaden its reach to other clients, especially young people who are not yet ready to buy insurance products or even older people who had already preserved their wealth."

Asked why Manulife chose to focus on UITF instead of mutual funds, Charland explained:  "We do believe there are certain advantages with unit investment trusts, as an example, the (lower) charge structure for clients.  We're also able to offer fund of funds.  We can offer feeder funds that come from outside the Philippines and we also believe that through this method, we'll be able to license and get more of our financial investors to sell UITFs faster."

In the case of Manulife, the first three new UITFs are as follows:

– Manulife stable income fund: a bond fund that seeks to preserve capital and generate income by investing in fixed income securities with maximum remaining term to maturity of up to three years;
– Manulife income builder fund: a bond fund that seeks to achieve stable and long-term growth by investing in government securities and/or high quality corporate debt securities and other liquid fixed income instruments; and,
– Manulife equity wealth fund: an equity fund that seeks to achieve long-term capital appreciation by investing in stocks listed on the Philippines Stock Exchange, fixed income securities and other liquid fixed income instruments.
(source: http://business.inquirer.net/237203/manulife-launches-ph-asset-management-arm)

With a minimum investment of  5,000 pesos you can start building up a fund for a comfortable retirement, education of your child, a future travel, a house and lot, buy your dream car, a future wedding, or for a future business venture.  Investing your money can allow you to grow it exponentially overtime and reach your financial goals.  Now is the best and the right time to start while Unit prices are still LOW, just like an initial offering of a new corporation.

Get your applications here : UITF Applcation Forms