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Manulife Alternative Opportunities Fund Advisor Series

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Alternative Credit Focus

NAVPS
(10-16-2024) 		$10.37
Change
$0.01 (0.09%)

As at September 30, 2024

As at August 31, 2024

No data available

Fund Returns

Inception Return (May 13, 2024): 5.15%

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 1.42% 3.75% - - - - - - - - - - - -
Benchmark 1.82% 4.54% 5.56% 4.21% 12.78% 5.31% -0.07% -1.04% 0.55% 2.05% 2.01% 1.33% 1.88% 2.23%
Category Average 1.09% 4.41% 4.41% 6.41% 10.84% 7.88% 3.17% 4.06% 4.08% - - - - -
Category Rank 34 / 125 38 / 125 - - - - - - - - - - - -
Quartile Ranking 2 2 - - - - - - - - - - - -

Monthly Return

Monthly Return
Return % Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep
Fund - - - - - - - - 1.11% 1.55% 0.73% 1.42%
Benchmark 0.43% 4.21% 3.42% -1.36% -0.40% 0.48% -1.95% 0.00% 2.98% 2.14% 0.52% 1.82%

Best Monthly Return Since Inception

1.55% (July 2024)

Worst Monthly Return Since Inception

0.23% (May 2024)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund - - - - - - - - - -
Benchmark 9.10% 3.57% 1.54% 2.70% 1.29% 6.97% 8.61% -2.71% -11.46% 6.38%
Category Average - - - - - - 7.20% 3.25% -4.07% 7.22%
Quartile Ranking - - - - - - - - - -
Category Rank - - - - - - - - - -

Best Calendar Return (Last 10 years)

-

Worst Calendar Return (Last 10 years)

-

Asset Allocation

Asset Allocation
Name Percent
Canadian Corporate Bonds 56.21
Foreign Corporate Bonds 33.31
Cash and Equivalents 6.90
Foreign Government Bonds 3.57
Other 0.01

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 93.09
Cash and Cash Equivalent 6.91

Geographic Allocation

Geographic Allocation
Name Percent
North America 96.72
Europe 1.83
Latin America 1.44
Other 0.01

Top Holdings

Top Holdings
Name Percent
Zeus Receivables Trust 03-Sep-2024 3.92
ATS CORP 6.50% 21-Aug-2032 3.19
United Kingdom Government 0.50% 31-Jan-2029 1.79
HOMEEQUITY BANK 5.82% 13-Aug-2029 1.67
Open Text Corp 6.90% 01-Nov-2027 1.65
Allied Properties REIT 3.11% 08-Apr-2027 1.47
UNITED AIRLINES 2024-1 C 5.88% 15-Feb-2037 1.37
Coastal Gaslink Pipeline LP 4.69% 30-Sep-2029 1.37
SOUTH BOW CANADIAN IN FRN 7.63% 01-Mar-2055 1.37
Emera Inc 4.84% 02-Mar-2030 1.35

Equity Style

Equity style data not available

Fixed Income Style

Average Duration: S. Average Credit Quality: M.

Risk vs Return (3 Yr)

3 Yr Annualized

Standard Deviation - - -
Beta - - -
Alpha - - -
Rsquared - - -
Sharpe - - -
Sortino - - -
Treynor - - -
Tax Efficiency - - -
Volatility - - -

Risk Rating

Rating out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation - - - -
Beta - - - -
Alpha - - - -
Rsquared - - - -
Sharpe - - - -
Sortino - - - -
Treynor - - - -
Tax Efficiency - - - -

Fund Details

Start Date May 13, 2024
Instrument Type Mutual Fund (Alternative)
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) -

Fund Codes

FundServ Code Load Code Sales Status
MMF2000
MMF2100
MMF2200
MMF2300

Investment Objectives

The investment objective of the Fund is to generate attractive long-term total returns through income and capital appreciation while mitigating volatility through hedging strategies. The Fund invests primarily in a diversified portfolio of Canadian and U.S. investment grade corporate and high yield fixed income securities. The Fund will use derivatives from time to time to hedge its exposure to foreign currencies, interest rates, and/or credit markets.

Investment Strategy

The investment grade corporate bond component of the Fund will be managed based on a combination of top-down macroeconomic research and bottom-up fundamental credit analysis. This approach has a greater emphasis on sector, credit quality and security selection. In-depth credit analysis is complemented with the extensive use of external management interviews in the selection of holdings in the portfolio.

Portfolio Manager(s)

Management and Organization

Fund Manager Manulife Investment Management Limited
Advisor -
Custodian -
Registrar -
Distributor -
Auditor -

Investment Minimums

RSP Eligible Yes
PAC Allowed No
PAC Initial Investment -
PAC Subsequent -
SWP Allowed No
SWP Min Balance -
SWP Min Withdrawal -

Fees

MER -
Management Fee -
Load Choice of Front or No Load
FE Max -
DSC Max -
Trailer Fee Max (FE) -
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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