Offers a wide range of investment-linked funds to policyholders and access to global equities
Manulife Malaysia has launched a new investment-linked fund, Manulife Global Equity Fund, which will widen its range of investment-linked (IL) funds available to customers in Malaysia looking for high-quality overseas stocks and a long-term investment horizon.
The Manulife Global Equity Fund invests in the AllianceBernstein (AB) SICAV I – Low Volatility Equity Portfolio (“Target Fund”), which seeks to provide capital appreciation by achieving quality and stability through diversification with global equities.
The Target Fund’s portfolio is positioned so that it is prepared for a downturn and poised for recovery. It seeks to capture 90% of the market’s gains in rising markets, while capturing only 70% of the declines in falling markets.
The Target Fund manager’s global research platform aims to source high quality and stable companies at the right price. This may potentially beat the market and protect capital against downside risk.
The Fund is suitable for customers who seek capital appreciation, are looking for investment exposure in diversified global market, are willing to accept higher level of risk with low income requirement and have a long-term investment horizon.
“We continue to build and enhance our investment-linked funds offerings through professional fund managers in order to make every day better for our customers. The Manulife Global Equity Fund fits well with our investment-linked plans’ sustainability objective – the Fund has lower volatility with the objective to outperform benchmark in the longer term,” said Vibha Coburn, Chief Executive Officer of Manulife Insurance Berhad.