Manulife Core Plus Bond Fund – ETF Series (MCOR)

Overview

The Manulife Core Plus Bond Fund – ETF Series is a fixed income exchange-traded fund operating within the Canadian investment landscape and managed by Manulife Investment Management Limited. This fund primarily aims to provide income generation while maintaining a focus on capital preservation. It achieves this by investing in a well-diversified portfolio of Canadian fixed income securities, including bonds and debentures that are either issued or backed by Canadian governmental entities at various levels—federal, provincial, and municipal. Additionally, it includes investments from established corporate issuers, which comprise both investment-grade and selected high-yield corporate bonds.

With flexibility in its allocation strategy, the fund can invest up to 30% of its total holdings in foreign securities, thereby enhancing diversification and striving for optimized risk-adjusted returns. It is designed for investors who appreciate regular income, as the fund provides income distributions on a monthly basis. Its classification as a low-risk investment is indicative of the typically lower volatility associated with its underlying asset base, thereby serving as a stable option within the broader Canadian bond market for those seeking a professionally managed and actively diversified fixed income portfolio.

Products and Services

• Canadian Fixed Income Securities

  The fund predominantly invests in a range of Canadian fixed income securities, which includes bonds and debentures that are issued or guaranteed by various levels of the Canadian government. This focus on government-backed securities helps minimize credit risk while providing a steady source of income.

• Corporate Debt Instruments

  In addition to government securities, the fund diversifies its portfolio by investing in corporate bonds, including both investment-grade and carefully selected high-yield corporate issuers. This blend allows for potential higher returns, while still aiming to maintain an overall conservative risk profile.

• Foreign Securities Allocation

  Up to 30% of the fund can be allocated to foreign securities. This international exposure adds an extra layer of diversification, enabling investors to capture potential growth and returns from broader global markets, while also managing overall risk through geographical diversification.

• Monthly Income Distributions

  The fund aims to appeal to income-focused investors by offering monthly income distributions. This structured payout schedule is designed to provide a consistent cash flow, making it suitable for those looking for regular income from their fixed income investments.

• Professional Management

  Managed by Manulife Investment Management Limited, the fund benefits from a team of experienced professionals who actively oversee the portfolio. This professional management aims to respond to market changes and optimize investment opportunities to achieve the desired income and preservation of capital for investors.

• Low-Risk Investment Profile

  The fund is categorized as a low-risk investment, a characteristic reflective of the generally low volatility associated with its underlying assets. This makes it a compelling choice for conservative investors who prioritize capital preservation and stability in their investment portfolios.