Manulife unveils new equity fund

Published January 25, 2021, 5:00 AM

by Chino S. Leyco

The Manulife Asset Management Trust Corp. (MAMTC) has unveiled a new equity fund that provides investment opportunities in healthcare-related companies listed globally.

 Aira Gaspar, MAMTC president and chief executive, said that Manulife Global Healthcare Equity Feeder Fund, an equity feeder unit investment trust fund (UITF), may be accessed for as low as P5,000 or $100.

According to Gaspar, this target fund enables investors to take advantage of the healthcare sector’s growth potential at a time when its value to economies and societies has become more important.

“The global healthcare industry presents potentially profitable long-term investment opportunities in advancements focused on disease prevention,” Gaspar said in a statement.

“Around the world, we see increases in health-related expenditures, particularly in countries with aging populations,” she added.

 This target fund seeks innovative companies that have achieved groundbreaking progress in understanding previously untreatable or undertreated conditions.

It also seeks underappreciated market opportunities related to medical breakthroughs and companies that are well-positioned to bend the healthcare cost curve via products, services, or technologies.

  MAMTC was recognized as one of the Philippines’ top investment houses by The Asset Benchmark Research Review 2020, with award-winning fund managers ranked among the country’s most astute investment professionals.