Manulife Launches Two New Fixed Income ETFs
- 00 mins 53 secs
Manulife Investment Management launched two new fixed income ETFs on NEO Exchange: Manulife Smart Global Dividend ETF Portfolio (GDIV) and Manulife Smart Global Bond ETF (GBND). GDIV focuses on global dividends, while GBND primarily invests in global investment-grade bonds with some exposure to high-yield securities.Channel: CA News
Manulife Investment Management has launched two new fixed-income ETFS on the NEO exchange. The Manulife Smart Global Dividend ETF portfolio which primarily invests in other manual life ETFs. A focus on global dividend-paying securities with a tactical allocation of up to 20% in cash or short-term bond ETFs with a 35 basis point management fee and medium risk rating. The ETF offers a balanced approach to global dividends.
Additionally, Manulife launched the Manulife Smart Global Bond ETF primarily investing in global investment grade bonds with some potential limited exposure to high-yield securities through various means with a 40 basis point management fee and low risk rating. The ETF provides a diversified fixed-income option with fewer bonds than passive ETF S.