Manulife Philippines Floats Apac Bond Fund

Manulife Philippines has rolled out a dollar-denominated investment-linked fund.

Manulife Philippines has rolled out a dollar-denominated investment-linked fund, Philippine Star reports. The Asia Pacific Bond Fund uses a combination of capital appreciation and income generation to maximize total returns potential over a medium-to long-term period. The product will invest in mostly investment grade-fixed income securities issued by governments, agencies, supra-nationals and corporate issuers from across the Asia-Pacific region. It will be run by a team of fixed-income fund managers, part of a global network of investment professionals under Manulife Asset Management (Hong Kong).

Click here for the story from Philippine Star.