Manulife issued the following announcement on April 5.
Manulife Investments today announced the receipt of the required approvals from securityholders to proceed with the previously announced mutual fund mergers and investment objective changes.
Applicable securityholders of each of the following terminating and/or continuing funds have provided their approval of the applicable fund mergers:
Terminating FundContinuing FundMerger Date – On or about:
Manulife Asia Total Return Bond FundManulife Global Tactical Credit FundApril 20, 2018
Manulife U.S. Dollar Floating Rate Income FundManulife U.S. Dollar Strategic Income FundApril 20, 2018
Manulife Canadian Opportunities Balanced ClassManulife Canadian Monthly Income ClassApril 20, 2018
Manulife Preferred Income ClassManulife Dividend Income ClassApril 20, 2018
Manulife Canadian Opportunities ClassManulife Canadian Stock ClassApril 20, 2018
Manulife Money FundManulife Money Market Private TrustMay 25, 2018
Manulife Short Term Bond FundManulife Money Market Private TrustMay 25, 2018
Manulife Canadian Corporate Bond FundManulife Canadian Bond Plus FundMay 25, 2018
Manulife High Yield Bond FundManulife U.S. Tactical Credit FundMay 25, 2018
Manulife Emerging Markets Debt FundManulife Global Tactical Credit FundMay 25, 2018
Manulife Emerging Markets ClassManulife Emerging Markets FundMay 25, 2018
Manulife U.S. Fixed Income Private TrustManulife Global Fixed Income Private TrustMay 25, 2018
Notwithstanding the receipt of the requisite securityholder approval, the mergers of these funds also require the approval of the Canadian securities regulators before such mergers may be affected.
The following merger proposals were withdrawn prior to the meeting and will not be implemented at this time:
Terminating FundContinuing Fund
Manulife Canadian Dividend Growth ClassManulife Canadian Dividend Income Class
Manulife Tactical Income FundManulife Canadian Monthly Income Class
Manulife U.S. Dividend Income ClassManulife U.S. Dividend Income Fund
Results of Vote on Investment Objective Changes
Applicable securityholders of each of the following funds have provided their approval for an investment objective change effective April 6, 2018:
Manulife Dividend Income Private Pool
Manulife Dividend Income Fund
Manulife Dividend Income Class
Manulife Canadian Focused Fund
Manulife Canadian Focused Class
Manulife Money Market Private Trust
Manulife Canadian Bond Plus Fund
Manulife Dollar-Cost Averaging Fund
About Manulife Investments
Manulife Investments, a division of Manulife Asset Management Limited, builds on 125 years of Manulife’s wealth and investment management expertise in managing assets for Canadian investors. As one of Canada’s leading integrated financial services providers, Manulife Investments and its affiliates offer a variety of products and services including exchange traded funds, segregated fund contracts, mutual funds, annuities and guaranteed interest contracts.
About Manulife
Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers’ needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had approximately 34,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of December 31, 2017, we had over $1.04 trillion (US$829.4 billion) in assets under management and administration, and in the previous 12 months we made $26.7 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges and under ‘945’ in Hong Kong.
Original source: http://www.manulife.com/Master-Article-Detail?content_id=a0Q5000000Rz8ZrEAJ