Manulife Investment Management has launched the Manulife Global Perspective Fund, a retail feeder fund that invests into Capital International Fund – Capital Group New Perspective Fund (LUX), a global equity strategy that in return invests across a spectrum of multinational companies to pursue opportunities of global transformational changes.
The investment objective of the Target Fund is to achieve long-term growth of capital by investing in companies located around the world, including emerging markets.
The Target Fund is part of Capital Group’s New Perspective Strategy which has a 50-year track record of identifying and investing in established and early-stage multinationals benefiting from changing global trade patterns.
Jason Chong, CEO, Manulife Investment Management (M) Berhad said:“As a leading provider of long-term investment solutions in Malaysia, we offer products that not only aim to meet the financial goals of investors but also ones that can capture the potential upside from trends that are changing the world. Manulife Global Perspective Fund identifies companies that are shaping or are well-positioned to benefit from new and revolving long-term trends, for example, healthcare post-pandemic is vastly different, countries across the world are upgrading their infrastructure, and the way energy consumption has changed as the way people live and work continues to evolve rapidly.”
The Fund will invest at least 85% of its net asset value (NAV) into Capital International Fund – Capital Group New Perspective Fund, and the remaining NAV of the Fund will be in liquid assets such as money market instruments or short-term deposits with financial institutions for
liquidity purposes and/or derivatives for hedging purposes. The Fund is suitable for investors who seek capital appreciation, have a long-term investment horizon, and wish to seek exposure to global equities.
Distribution of income, if any, is incidental. The classes that are offered for subscription by the Fund are A (RM-Hedged) Class, A (USD) Class, and A (SGD-Hedged) Class. The Fund is now available for subscription through unit trust advisers of Manulife Investment Management (M) Berhad.
