Manulife terminates four funds

Manulife Mutual Funds has streamlined its mutual fund offering by discontinuing the four funds effective December 18.

The four terminated funds are:

• Value Leaders Maximum Growth Portfolio;
• AIC American Advantage Corporate Class;
• AIC Global Advantage Corporate Class; and
• AIC Global Premium Dividend Income Corporate Class.

“The termination of these four funds will allow Manulife Mutual Funds to concentrate resources in other mandates that will better serve the interests of our investors,” says Jeff Ray, assistant vice president, mutual fund products.

“The decision to terminate the four funds was based on streamlining the product offering and reducing costs associated with managing smaller funds,” adds Ray.

IE