Manulife Investments adds segregated fund platform to Manulife Private Investment Pools program

TSX/NYSE/PSE: MFC SEHK:945

TORONTO, Oct. 6, 2014 /CNW/ - Manulife Investments today announced the launch of a segregated fund product option to its Manulife Private Investment Pools (MPIP) investment program that can be accessed through life-licensed advisors. The new platform, MPIP Segregated Pools will join the MPIP Investment Pools platform, which was originally launched in 2012. 

"Adding a segregated fund platform to our Manulife Private Investment Pools program provides investors with the protection features of an insurance contract backed by the strength of Manulife" said Steve Parker, Assistant Vice President, Guaranteed Investment Products.  "Since the launch, the MPIP program has proven to be popular with investors and now that they can access the new MPIP Segregated Pools platform through their life-licensed advisors, we believe the program will become even more appealing."

Designed for mass-affluent investors with $500,000 or more in investable assets, MPIP Segregated Pools offer 14 segregated pools (equity, balanced, fixed income) and Maturity and Death Benefit Guarantees. The MPIP program employs the expertise of institutional-style portfolio managers.

Key features of the product will include:

• $150,000 minimum deposit per pool, per contract
• A Management Fee Reimbursement to the investor's contract when their combined household MPIP Segregated Pools assets exceed $500,000
• A guarantee at maturity of the greater of 75 per cent of the deposits or market value*
• A guarantee upon the death of the last surviving annuitant of the greater of 75 per cent of the deposits or market value*
• Dedicated sales support, variety of purchase options, household contract-linking, customizable proposals and the potential for creditor protection.

*Reduced proportionally for withdrawals.

About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited, builds on 125 years of Manulife Financial's wealth and investment management expertise in managing assets for Canadian investors. As one of Canada's leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated fund contracts, mutual funds, annuities and guaranteed interest contracts.

About Manulife
Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife and its subsidiaries were approximately C$637 billion (US$597 billion) as at June 30, 2014. We operate as John Hancock in the U.S. and as Manulife in other parts of the world.

Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife can be found on the Internet at manulife.com

SOURCE: Manulife Financial Corporation

Media Contact: Rebecca Freiburger, Manulife, 519-503-6604, [email protected]