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Manulife Monthly High Income Fund Advisor Series

Canadian Neutral Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

Click for more information on Fundata’s FundGrade.

Fundata ESG GradeD Click for more information on Fundata’s ESG Grade

Fundata ESG Grade D

Click for more information on Fundata’s ESG Grade.

FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2019, 2018, 2017, 2016, 2015

Click for more information on Fundata’s FundGrade

NAVPS
(03-14-2025)
$8.96
Change
$0.08 (0.92%)

As at February 28, 2025

As at January 31, 2025

As at December 31, 2024

Period
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Legend

Manulife Monthly High Income Fund Advisor Series

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Fund Returns

Inception Return (September 30, 1997): 7.76%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund -0.19% 1.25% 8.76% 2.66% 17.30% 14.18% 7.68% 7.74% 7.71% 7.19% 6.44% 6.50% 6.71% 5.65%
Benchmark 0.29% 0.63% 7.50% 2.72% 16.04% 11.31% 6.08% 6.93% 7.24% 7.23% 7.00% 6.40% 7.12% 5.58%
Category Average 0.27% 1.03% 5.97% 2.65% 12.56% 10.01% 5.15% 5.65% 6.18% 5.93% 5.35% 5.06% 5.66% 4.37%
Category Rank 388 / 452 189 / 452 38 / 452 247 / 452 18 / 446 19 / 432 49 / 415 82 / 392 112 / 381 112 / 370 125 / 360 74 / 347 122 / 334 95 / 301
Quartile Ranking 4 2 1 3 1 1 1 1 2 2 2 1 2 2

Monthly Return

Monthly Return
Return % Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb
Fund 1.64% -2.27% 2.50% 0.81% 4.98% 0.10% 1.44% 0.81% 5.03% -1.37% 2.85% -0.19%
Benchmark 2.49% -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03% 2.42% 0.29%

Best Monthly Return Since Inception

6.71% (April 2020)

Worst Monthly Return Since Inception

-11.07% (August 1998)

Calendar Return (%)

Calendar Return
Return % 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
Fund 0.11% 5.77% 10.62% -5.67% 13.84% 6.73% 13.43% -11.00% 8.74% 18.46%
Benchmark -3.02% 11.97% 6.22% -4.30% 15.62% 7.61% 11.90% -8.20% 9.43% 13.55%
Category Average 0.06% 6.65% 5.72% -4.72% 12.57% 6.33% 10.85% -9.35% 8.27% 11.70%
Quartile Ranking 3 4 1 3 2 2 2 4 2 1
Category Rank 167/ 301 274/ 334 20/ 347 267/ 358 155/ 368 155/ 377 149/ 392 386/ 412 186/ 432 19/ 446

Best Calendar Return (Last 10 years)

18.46% (2024)

Worst Calendar Return (Last 10 years)

-11.00% (2022)

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 34.24
Canadian Equity 31.65
US Equity 23.43
International Equity 3.71
Cash and Equivalents 3.06
Other 3.91

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 36.67
Financial Services 18.64
Technology 14.47
Consumer Services 6.76
Industrial Services 4.61
Other 18.85

Geographic Allocation

Geographic Allocation
Name Percent
North America 94.80
Europe 3.72
Latin America 1.48

Top Holdings

Top Holdings
Name Percent
Constellation Software Inc 3.68
Alimentation Couche-Tard Inc 3.17
Microsoft Corp 3.15
Berkshire Hathaway Inc Cl B 2.72
Royal Bank of Canada 2.35
Alphabet Inc Cl A 2.22
Shopify Inc Cl A 2.20
Arthur J Gallagher & Co 1.92
Autozone Inc 1.88
Aon PLC Cl A 1.75

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Manulife Monthly High Income Fund Advisor Series

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.10% 10.07% 8.25%
Beta 0.86% 0.90% 0.91%
Alpha 0.02% 0.01% 0.01%
Rsquared 0.87% 0.88% 0.83%
Sharpe 0.44% 0.55% 0.51%
Sortino 0.85% 0.72% 0.50%
Treynor 0.05% 0.06% 0.05%
Tax Efficiency 71.33% 77.92% 63.24%
Volatility Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 4 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 7.78% 9.10% 10.07% 8.25%
Beta 1.04% 0.86% 0.90% 0.91%
Alpha 0.01% 0.02% 0.01% 0.01%
Rsquared 0.88% 0.87% 0.88% 0.83%
Sharpe 1.58% 0.44% 0.55% 0.51%
Sortino 4.40% 0.85% 0.72% 0.50%
Treynor 0.12% 0.05% 0.06% 0.05%
Tax Efficiency 83.50% 71.33% 77.92% 63.24%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date September 30, 1997
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Capped
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $9,397

Fund Codes

FundServ Code Load Code Sales Status
MMF1454
MMF1754
MMF383
MMF40483
MMF40783
MMF483
MMF583
MMF783

Investment Objectives

The objective of the Fund is to provide a steady flow of monthly income and achieve capital growth. The Fund invests primarily in Canadian fixed income and large-cap Canadian equity securities. The Fund may also invest in securities of royalty trusts and real estate investment trusts (“REITs”). The fundamental investment objective of the Fund cannot be changed without the approval of investors who own securities in the Fund.

Investment Strategy

For the equity and trust portions of the Fund, the portfolio advisor uses primarily a value-based approach, looking for attractively priced securities that offer potential for growth and income. The portfolio advisor may invest: Up to 75% of Fund assets in fixed income securities (including up to 20% in money market securities); Up to 75% of Fund assets in equities; Up to 75% of Fund assets in REITs and royalty and other trusts.

Portfolio Management

Portfolio Manager

Manulife Investment Management Limited

  • Alan Wicks
  • Jonathan Popper
  • Conrad Dabiet
  • Chris Hensen
  • Roshan Thiru
  • Terry Carr
  • Saurabh Moudgil
Sub-Advisor

-

Management and Organization

Fund Manager

Manulife Investment Management Limited

Custodian

RBC Investor Services Trust (Canada)

Registrar

Manulife Investment Management Limited

Distributor

-

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment -
PAC Subsequent -
SWP Allowed Yes
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER 2.01%
Management Fee 1.63%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 0.50%
Trailer Fee Max (DSC) 0.50%
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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