Manulife cuts management costs

Toronto-based Manulife Investments, a division of Manulife Asset Management Ltd., has reduced the management expense ratios for some of its mutual funds. In addition, management fees on A-class units were reduced for several funds, including: Manulife China Class (to 2.45% from 2.50%); Manulife Asia Equity Class (to 1.10% from 1.20%; and Manulife Global Infrastructure Class and Manulife Global Infrastructure Fund (each down to 1.15% from 1.20%). These changes, says Manulife, reflect the firm’s commitment of offering attractive pricing options for investors. For a full list of fee changes, visit www. manulife.ca.

(cohara@investmentexecutive.com).