Manulife Global Fund – Dynamic Leaders Fund
Seeking tomorrow’s leaders today
In today’s dynamic investing world, investors are seeking a strategy that allows them to participate in potential equity market upside, while mitigating downside risk. The Manulife Global Fund – Dynamic Leaders Fund seeks to achieve this goal by investing in a global equity portfolio of industry leaders with the potential to generate consistent healthy risk-adjusted returns.
A “better” portfolio to LEAD
* Seeking “Better” as compared to the MSCI AC World Index
Elements of a Dynamic Leader
The importance of active management
MSCI AC World Index – top 5 sectors by market weight1
Performance of two companies from top 10 market cap companies (rebased as of Dec 2015)2
Dynamic allocations into 3 types of growth companies
Key features
Investment process
- Idea sourcing: > 500 holdings owned by other Manulife Investment Management equity teams
- Baseline model portfolio development: Optimization driven by active weights, Dynamic Leader criteria and portfolio guidelines
- Portfolio construction: Final portfolio actively selected by Dynamic Leaders strategy investment team
Sell discipline
- Reached fair value
- No longer meets our Dynamic Leaders criteria
- Better opportunity identified based on top-down or bottom-up views
Competitive performance vs benchmark, with lower volatility3
- The fund outperformed the MSCI ACWI NR USD index for year-to-date, 1-year, 3-year and since inception periods.
- It also has lower volatility compared to the MSCI ACWI NR USD index over 1-year and 3-year periods.
Fund information
| AA (SGD Hedged) Acc | AA (USD) Acc | |
| Investment objective | The Fund aims to achieve capital growth from investing at least 80% of its net assets in a concentrated portfolio of equity and equity related securities of large capitalisation companies listed globally (including in emerging markets from time to time), including, but not limited to, common stocks and depositary receipts. | |
| Inception date | 29-Apr-24 | |
| ISIN code | LU2746668974 | LU2746668461 |
| Bloomberg ticker | MLDLAAS LX | MLDLAUA LX |
| Base currency | USD | |
| Mode of subscription | Cash | |
| Minimum investment | USD 1,000 (or the equivalent in any other major currency) | |
| Distribution frequency | N.A. | |
| Management fee | 1.50% p.a. | |
| Initial sales charge | Up to 5.0% | |
| Dealing frequency | Daily | |
| Investment manager | Manulife Investment Management (US) LLC | |
| Fund size | USD 105.4 million (as of 31 May 2025) | |
Portfolio managers
Noman Ali, CFA
As a member of the firm’s Capital Appreciation team, Noman Ali, CFA, is responsible for managing Canadian and North American growth equity mandates. Previously, he worked on Manulife Investment Management’s U.S. equity team, where he was responsible for large-, mid-, and small-cap U.S. equity mandates for clients worldwide. Prior to joining the firm, Noman was head of research at AKD Securities in his native Pakistan. He holds the Chartered Financial Analyst designation.
Susan Curry
Susan Curry is head of developed market equity at Manulife Investment Management and Co-head of the Capital Appreciation team. As Head of Developed Market Equity, she oversees our US- and Canadian-based investment teams, as well as our Japan Equity team, and is responsible for oversight of investment performance and process execution. She is also the lead portfolio manager of the financial industries strategy, and a portfolio manager of the bank opportunities and balanced strategies. In addition to her portfolio management responsibilities, she provides fundamental research on the financial sector for all diversified and thematic-based strategies managed by the Capital Appreciation team. Prior to joining the firm as an investment analyst, Susan worked as a portfolio officer for Manulife’s private client group. She began her career at Fidelity Investments, where she served as a research analysts.
Susan has a B.A., Economics from University of Massachusetts and a M.S., Finance from Brandeis University.
Unless otherwise stated, all information sources are from Manulife Investment Management, as of 30 Nov 2024.
1. Source: Bloomberg, as of 31 Oct 2024.
2. Source: Bloomberg, as of 31 Oct 2024. Company performance rebased to 100 as of 31 Dec 2015.
3. Source: Manulife Investment Management, Morningstar, as of 31 Oct 2024. Fund performance applies only to I Acc class due to shorter history of AA Acc class. All performance figures are on NAV-to-NAV basis, in base currency with dividends reinvested. The fund benchmark is MSCI ACWI NR USD Index. Volatility is measured by standard deviation. Investment involves risk. Past performance is not indicative of future performance. I Acc class performance information for the past three calendar years: 27.78% (2023); -19.36% (2022); 24.06% (2021). I Acc class does not carry a sales charge.
4. Such fees and charges may be increased, up to a specified permitted maximum, by giving affected shareholders at least one month’s prior notice. For initial subscription fee, the Directors reserve the right to charge up to 6% of the NAV per share.
Manulife Global Fund (the “Company”) is an open-ended investment company registered in the Grand Duchy of Luxembourg. The Manulife Global Fund – Dynamic Leaders 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. (Company Registration Number: 200709952G) 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. 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 the purposes of investment, efficient portfolio management and/or hedging.
Investments in the Fund are not deposits in, guaranteed or insured by the Manager and involve risks. Past performance of the manager or sub-manager is not necessarily indicative of its future performance. The value of units in the Fund and any income accruing to them may fall or rise. Past performance of the Fund is not necessarily indicative of future performance. Investors should read the Singapore prospectus, and seek advice from a financial adviser 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.
Distributions are not guaranteed. Investors should refer to the Singapore prospectus for the distribution policy of the Fund. The Directors of the Company shall have the absolute discretion to determine whether a distribution is to be made in respect of the Fund as well as the rate and frequency of distributions to be made. Distributions may be made out of (a) income, or (b) net realized gains, or (c) capital of the Fund, or (d) gross income while charging all or part of the fees and expenses to capital, or (e) any combination of (a), (b), (c) and/or (d). Past distribution yields and payments are not necessarily indicative of future distribution yields and payments. Any payment of distributions by the Fund is expected to result in an immediate decrease in the net asset value per share of the Fund.
This advertisement or publication has not been reviewed by the Monetary Authority of Singapore.