The Manulife Balanced Income Private Pool is amending its investments strategies to better meet its current investment objectives, announced Toronto-based Manulife Asset Management Ltd.

The changes are a result of the changes to character conversion tax measures. The pool was first launched in December 2012 and offers investors a suite of investment pools in various assets classes.

The pool is managed by asset managers from Manulife and Mawer Investment Management Ltd. Investors in the Manulife Private Placement Pools must invest a minimum of $150,000 per pool, per account.