Tapping into new and old economies
Increased industrial exposure:
Shifted from Hong Kong landlord holdings to Singapore retail:
Added to China property management companies:
*Source: Manulife Investment Management, as of 31 December 2020. Information about asset allocation is historical and is not an indication of the future composition.
Portfolio sector allocation
Source: Manulife Investment Management, as of 31 December 2020. Information about asset allocation is historical and is not an indication of the future composition.
Asia Pacific REITs performance
|Total return||2020||Jan 2021|
|Hong Kogn REITs||-13.5%||-3.0%|
Source: Bloomberg, as of 31 January 2021. Asia Pacific REITs are represented by FTSE EPRA Nareit Asia ex Japan Index (capped), Singapore REITs by FTSE Strait Times Real Estate Investment Trust Index, Hong Kong REITs by Hang Seng REIT Index and Australia REITs by S&P/ASX200 A-REIT Index. Performance is in local currency terms. Past performance is not a guarantee of future results.
Yield comparison vs equity/ government bond
Source: Bloomberg, as of 31 December 2020. REIT Yield: Asia ex-Japan REITs are represented by FTSE EPRA Nareit Asia ex-Japan REITs 10% Capped USD Index, Australia REITs by S&P/ASP 200 A-REIT Index, Hong Kong REITs by Hang Seng REIT Index, Singapore REITs by FTSE Straits Times REIT Index. Equity Dividend Yield: Australia equities are represented by S&P/ASX 200 Index, Hong Kong equities by Hang Seng Index, Singapore equities by Straits Times Index. For illustrative purposes only. The above yields do not represent the distribution yield of the Fund and are not an accurate reflection of the actual return that an investor will receive in all cases. A positive distribution yield does not imply a positive return. Past performance is not an indication of future results.
Manulife Global Fund (the “Company”) is an open-ended investment company registered in the Grand Duchy of Luxembourg. The Manulife Global Fund - Asia Pacific REIT Fund ("the Fund") is recognised under the Securities and Futures Act of Singapore for retail distribution. The Company has appointed Manulife Investment Management (Singapore) Pte. Ltd. as its Singapore Representative and agent for service of process in Singapore. The information provided herein does not constitute financial advice, an offer or recommendation with respect to the Fund. The information and views expressed herein are those of Manulife Investment Management (Singapore) Pte. Ltd. (Company Registration No. 200709952G) and its affiliates ("Manulife") as of date of this document and are subject to change based on market and other conditions. Manulife expressly disclaims any responsibility for the accuracy and completeness of, and the requirement to update, such information. Investments in the Fund are not deposits in, guaranteed or insured by Manulife and involve risks. The value of units in the Fund and any income accruing to it may fall or rise. Past performance of the Fund is not necessarily indicative of future performance. Opinions, forecasts and estimates on the economy, financial markets or economic trends of the markets mentioned herein are not necessarily indicative of the future or likely performance of the Fund. The Fund may use financial derivative instruments for efficient portfolio management and/or hedging. Investors should read the Singapore prospectus and the product highlights sheet and seek financial advice before deciding whether to purchase units in the Fund. A copy of the Singapore prospectus and the product highlights sheet can be obtained from Manulife or its distributors. In the event an investor chooses not to seek advice from a financial adviser, he should consider whether the Fund is suitable for him. This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.