Seeking to deliver higher yield from 'sweet spot' of the yield curve

Giroux and his team also manage two other ETFs – the Manulife Smart Corporate Bond ETF (CBND) and the Manulife Smart Core Bond ETF (BSKT). Both ETFs combine the same systematic and active approach as TERM and seek to match the volatility of the benchmark while delivering a higher yield. But given the market environment, TERM has seen the most interest – attracting over $600M since launch in November 2020 – as investors seek to preserve capital by reducing duration risk.

With the team having been around since 1998, and with members coming from insurance, pension fund and quant side, the model, tools, and algorithms are well developed over the past 20-plus years. Marry that with reputation and its huge footprint in the Canadian fixed-income markets, and it’s no surprise TERM benefits from opportunities in the market, either on the secondary market or from new issues. TERM offers investors the prospect of short-end optimization in these volatile times.

Sponsored by Manulife Investment Management, as of May 2022. 

The views expressed are those of Manulife Investment Management and are subject to change as market and other conditions warrant. Information about a portfolio’s holdings, asset allocation, or country diversification is historical and is no indication of future portfolio composition, which will vary. Certain research and information about specific holdings in the Fund, including any opinion, is based on various sources believed to be reliable. All overviews and commentary are for information purposes only and are not intended to provide specific financial, investment, tax, legal, accounting, or other advice and should not be relied upon in that regard. This material was prepared solely for informational purposes, does not constitute an offer or an invitation by or on behalf of Manulife Investment Management to any person to buy or sell any security and is no indication of trading intent in any fund or account managed by Manulife Investment Management. 

Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs).  Investment objectives, risks, fees, expenses, and other important information are contained in the ETF facts as well as the prospectus, please read before investing.  ETFs are not guaranteed, their values change frequently, and past performance may not be repeated.