Fund Library Home Page
Sign In Français

  • My Watchlist is is a members only feature. Sign in or Sign up for free access to the watchlist feature.

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info

Manulife Monthly High Income Fund Advisor Series

  • Premium Feature Only
Add to My Watchlist

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
(05-02-2025) 		$8.82
Change
$0.05 (0.55%)

As at March 31, 2025

As at February 28, 2025

As at March 31, 2025

Period
Created with Highcharts 10.3.3Jan 2000Jan 2002Jan 2004Jan 2006Jan 2008Jan 2010Jan 2012Jan 2014Jan 2016Jan 2018Jan 2020Jan 2022Jan 2024Apr 2022Jul 2022Oct 2022Jan 2023Apr 2023Jul 2023Oct 2023Apr 2024Jul 2024Oct 2024Jan 2025Jan 2000Jan 2005Jan 2010Jan 2015Jan 2020$10,000$110,000-$15,000$35,000$60,000$85,000$8,000$9,000$11,000$12,000$13,000Period

Legend

Manulife Monthly High Income Fund Advisor Series

Compare Options

Fund Returns

Inception Return (September 30, 1997): 7.65%

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 -2.05% 0.56% 5.01% 0.56% 13.04% 12.18% 6.47% 6.60% 9.40% 6.51% 6.25% 6.14% 6.08% 5.50%
Benchmark -0.96% 1.73% 3.82% 1.73% 12.13% 10.30% 5.44% 6.25% 9.47% 6.77% 6.80% 6.15% 6.64% 5.60%
Category Average -1.57% 1.05% 2.31% 1.05% 8.76% 8.76% 4.46% 4.74% 7.91% 5.39% 5.16% 4.77% 5.13% 4.28%
Category Rank 397 / 447 350 / 447 20 / 447 350 / 447 18 / 447 29 / 429 68 / 410 81 / 388 142 / 377 123 / 366 122 / 356 82 / 343 126 / 331 96 / 297
Quartile Ranking 4 4 1 4 1 1 1 1 2 2 2 1 2 2

Monthly Return

Created with Highcharts 10.3.3-4%-2%0%2%4%6%
Monthly Return
Return % Apr May Jun Jul Aug Sep Oct Nov Dec Jan Feb Mar
Fund -2.27% 2.50% 0.81% 4.98% 0.10% 1.44% 0.81% 5.03% -1.37% 2.85% -0.19% -2.05%
Benchmark -1.88% 1.52% 0.56% 4.19% 0.91% 2.55% -0.02% 4.18% -2.03% 2.42% 0.29% -0.96%

Best Monthly Return Since Inception

6.71% (April 2020)

Worst Monthly Return Since Inception

-11.07% (August 1998)

Calendar Return (%)

Created with Highcharts 10.3.3-20%-10%0%10%20%
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 164/ 297 270/ 330 20/ 343 263/ 354 154/ 364 155/ 373 146/ 388 381/ 407 181/ 427 19/ 441

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 34.96
Canadian Equity 32.59
US Equity 24.16
Cash and Equivalents 2.79
International Equity 1.92
Other 3.58

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 37.16
Financial Services 15.84
Technology 14.27
Consumer Services 6.30
Industrial Services 5.02
Other 21.41

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.70
Europe 1.92
Latin America 1.38

Top Holdings

Top Holdings
Name Percent
Constellation Software Inc 3.49
Alimentation Couche-Tard Inc 3.14
Microsoft Corp 3.02
Berkshire Hathaway Inc Cl B 2.80
Alphabet Inc Cl A 2.51
UnitedHealth Group Inc 2.41
Royal Bank of Canada 2.38
Arthur J Gallagher & Co 2.15
Shopify Inc Cl A 2.11
Autozone Inc 1.97

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)

Created with Highcharts 10.3.3Risk (Annualized Standard Deviation)ReturnMedian DeviationMedian Return891011121314-4%-2%0%2%4%6%8%10%

Manulife Monthly High Income Fund Advisor Series

Median

Other - Canadian Neutral Balanced

3 Yr Annualized

Standard Deviation 9.22% 9.06% 8.28%
Beta 0.86% 0.91% 0.91%
Alpha 0.02% 0.01% 0.00%
Rsquared 0.86% 0.84% 0.83%
Sharpe 0.31% 0.78% 0.49%
Sortino 0.63% 1.18% 0.47%
Treynor 0.03% 0.08% 0.04%
Tax Efficiency 65.58% 81.81% 62.60%
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 8.48% 9.22% 9.06% 8.28%
Beta 1.11% 0.86% 0.91% 0.91%
Alpha 0.00% 0.02% 0.01% 0.00%
Rsquared 0.90% 0.86% 0.84% 0.83%
Sharpe 1.03% 0.31% 0.78% 0.49%
Sortino 2.54% 0.63% 1.18% 0.47%
Treynor 0.08% 0.03% 0.08% 0.04%
Tax Efficiency 78.76% 65.58% 81.81% 62.60%

Fundata ESG Metrics

Fundata ESG Score

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A16.3​16.330.8​30.80%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A24.6​24.634.3​34.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A18.0​18.031.3​31.30%10%20%30%40%50%60%70%80%90%100%

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

Created with Highcharts 10.3.3Grade: EGrade: DGrade: CGrade: BGrade: A11.8​11.830.4​30.40%10%20%30%40%50%60%70%80%90%100%

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.

View the full methodology

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) $9,133

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) -

Try Fund Library Premium

For Free with a 30 day trial!

Gain access to

  • Unlimited Watchlists
  • Advanced Search Filtering
  • Fund Comparisons
  • Portfolio Scenarios
  • Customizable PDF Reports
Sign up Now More Info