Manulife Investment Management Launches Two Enhanced Yield ETFs
C$ unless otherwise stated TSX/NYSE/PSE: MFC SEHK: 945
Manulife Smart Enhanced Yield ETF and Manulife Smart US Enhanced Yield ETF deliver exposure to dividend securities and covered-call strategies to provide investors with multiple income streams
Portfolio managers to combine 94 years of investment experience on these strategies
CYLD aims to provide a steady flow of income and long-term capital appreciation by investing primarily in a diversified portfolio of Canadian dividend-paying securities. CYLD will employ a Manulife IM proprietary quality dividend screen to select securities that have high and sustainable dividends, or dividends that are expected to grow over time, to pursue higher risk-adjusted returns. Additionally, CYLD's portfolio will include at times writing covered-call options or cash-covered put options on a percentage of its holdings to generate additional income streams for the ETF's shareholders. CYLD will distribute income monthly.
Meanwhile, UYLD possesses a similar investment objective for
"We're pleased to be leveraging the experience of
ETF Name |
Ticker |
CISFC Category |
Management Fee |
Manulife Smart Enhanced Yield ETF |
CYLD |
Canadian Dividend (Option-based) |
0.52 % |
Manulife Smart US Enhanced Yield ETF |
|
|
|
Hedged Unhedged USD units |
UYLD UYLD.B UYLD.U |
|
0.60% 0.55% 0.55% |
The new ETFs are managed by
"We're excited to grow our ETF lineup with two new solutions for investors looking for income and long-term capital appreciation," said
With these launches, Manulife IM's ETFs total 20 funds with
-
Manulife Smart Short-Term Bond ETF (TERM) -
Manulife Smart Core Bond ETF (BSKT) -
Manulife Smart Corporate Bond ETF (CBND) -
Manulife Smart Dividend ETF (CDIV) - Manulife Smart
U.S. Dividend ETF – Unhedged Units (UDIV.B), Hedged Units (UDIV), USD Units (UDIV.U) -
Manulife Smart International Dividend ETF – Unhedged Units (IDIV.B) -
Manulife Smart Defensive Equity ETF (CDEF) - Manulife Smart
U.S. Defensive Equity ETF – Unhedged Units (UDEF.B), Hedged Units (UDEF), USD Units (UDEF.U) -
Manulife Smart International Defensive Equity ETF – Unhedged Units (IDEF.B) -
Manulife Multifactor Canadian SMID Cap Index ETF (MCSM) - Manulife Multifactor
U.S. Large Cap Index ETF – Unhedged Units (MULC.B), Hedged Units (MULC) - Manulife Multifactor
U.S. Mid Cap Index ETF – Unhedged Units (MUMC.B), Hedged Units (MUMC) -
Manulife Multifactor Canadian Large Cap Index ETF (MCLC) - Manulife Multifactor Developed International Index ETF – Unhedged Units (MINT.B), Hedged Units (MINT)
-
Manulife Multifactor Emerging Markets Index ETF – Unhedged Units (MEME.B) - Manulife Multifactor
U.S. Small Cap Index ETF – Unhedged Units (MUSC.B), Hedged Units (MUSC) - Manulife Smart Global Dividend ETF Portfolio (GDIV)
- Manulife Smart Global Bond ETF (GBND)
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1
AUM as of |
Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Please read the ETF Facts and prospectus before investing. ETFs are not guaranteed, their values change frequently, and past performance may not be repeated. Manulife ETFs are managed by
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