Manulife bundles funds

Manulife Strategic Dividend Bundle now is available to retail investors. Launched by Toronto-based Manulife Investments, a division of Manulife Asset Management Ltd., the fund-of-funds provides investors with 60% exposure to Manulife Dividend Income Fund and 40% exposure to Manulife Strategic Income Fund. The bundle provides investors with exposure to both fixed-income assets in a global portfolio with Canadian dividends. Advisor commissions are 0%-5% for front-end sales; 5% for deferred sales; or 2% for the low-load option. Redemption fees begin at 6% in Year 1 and end at zero after Year 6 for the regular DSC schedule; or begin at 3% in Year 1 and end at zero after Year 3 of the low-load schedule. Trailing commissions are 1% for front-end sales; 0.5% for the first six years of deferred sales, and 1% thereafter; or 1% for the low-load sales option. Management fees are 1.95% for A-class units and 0.95% for F-class units. Minimum investment is $500.

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