All unit holders of Manulife Financial Corporation (USA) (NYSE:MFC) that have continually held their units since inception have all reasons to smile. Each of them will receive C$0.04160 and US$0.04160 per Class A Unit and Class U Unit of the Fund respectively all which will be paid on September 15, 2016, as of the payment date. As of the payment date, every unitholder will have obtained an entire C$0.9984 and US$0.9984 for per Class A Unit and Class U Unit respectively.
About Manulife, its Investments and Asset Management
The Financial Corporation is one of the top most international financial services which is tasked with the provision of insurance and wealth and asset management solutions to groups, institutions as well as interested individuals. The corporation’s principal operations are in Asia, Canada, and the United States. With it’s close to 34,000 employees and 63,000 agents, the company had served more than 20 million customers as at the end of 2015. One year after, the corporation has broken the record with its $934 billion worth of assets under management and administration. There has been notable growth regarding benefits and interests against other payments.
Manulife has available expertise when it comes to global asset management. Its arm of competence which extends across a broad range of public and private asset classes is packed with complete asset management solutions. As at June 30, 2016, Manulife’s Asset Management portfolio was in the tune of C$435 billion which speaks volumes if the corporation’s capabilities. The United Kingdom, Taiwan, Indonesia, the United States, Canada, Malaysia, and the Philippines are some of the locations that have the company’s full investment capabilities.
Manulife Asset Management also has some presence in China given its establishment of a joint venture asset management business, Manulife TEDA.
For close to 125years, Manulife Investments, a division of Manulife Asset Management Limited has been managing assets for Canadian investors. Some of the products and services offered by Manulife Investments include segregated fund contracts, mutual funds, and annuities among others. A mere look of the Manulife Investments indicates that it has everything regarding expertise that many investors are looking for.