Manulife Expands Segregated Fund Lineup with New Solutions Managed by BlackRock

Executive Summary

• Manulife Canada announced the launch of four new segregated index funds managed by BlackRock, marking its first offering of segregated index funds with BlackRock exposure.
• The new funds provide investors with broad market index exposure combined with insurance benefits such as principal protection and estate planning features.
• Funds will be available through Manulife’s GIF Select – InvestmentPlus series and the Manulife Segregated Fund RESP, expanding choice for advisors and clients.

Key Details

• New Funds Introduced:
• Manulife BlackRock Canada Universe Bond Index Fund
• Manulife BlackRock Canadian Equity Index Fund
• Manulife BlackRock U.S. Equity Index Fund
• Manulife BlackRock International Equity Index Fund
• Distribution Channels: Available via GIF Select – InvestmentPlus (75/75 and 75/100 Series) and the Manulife Segregated Fund RESP.
• Strategic Significance: First time Manulife offers segregated index funds linked to BlackRock-managed portfolios, enhancing product lineup for cost‑conscious investors seeking market‑wide exposure.
• Benefits Highlighted: Combines growth potential with insurance features such as principal protection and estate planning tools.
• Quote: “At Manulife, we're focused on giving advisors the tools they need to help Canadians protect and grow their wealth,” said Paul Savage, Head of Individual Insurance, Manulife Canada.

Notable Quotes

• “Segregated funds combine growth potential with valuable insurance benefits, like principal protection and estate planning. By adding these new funds, we're offering cost‑conscious investors simple, broad market exposure to complement actively managed strategies.” – Paul Savage, Head of Individual Insurance, Manulife Canada.