Print this article

What's New In Investments, Funds? – Manulife

Editorial Staff

30 April 2025

Manulife
has launched a fund to provide dollar returns in line with prevailing money market rates. 

Called the Manulife Stable Fund, it is available through both the InvestChoice, Manulife Investments’ online fund investment platform, and investment-linked assurance schemes (ILAS).

Previously known as the Manulife Capital Conservative Fund, it has been rebranded and repositioned after a change in investment objective and policy, effective 28 March. The fund now invests primarily in dollar-denominated and settled short-term deposits, high-quality money market instruments including treasury bills, certificates of deposit, commercial papers, and short-dated corporate bonds.

“The fund targets investors who are looking to park excess cash, seek a lower-risk alternative to traditional bond funds, or manage short-term cash needs without being locked into fixed-term deposits,” Manulife said.

“In an environment where investors are searching for yield without taking on significant market risk, the Manulife Stable Fund offers a timely and practical solution,” Paula Chan, head of Hong Kong fixed income and senior portfolio manager at Manulife Investment Management, said. 

“Given the volatile market environment and uncertain outlook for interest rates, yields on USD money market securities remain attractive,” Chan said. 

Earlier this week, Manulife Hong Kong launched two new critical illness plans, designed to mitigate income loss during long-term treatment.