Increased industrial exposure:
Shifted from Hong Kong landlord holdings to Singapore retail:
Added to China property management companies:
Tapping into new and old economies
*Source: Manulife Investment Management, as of 31 December 2020. Information about asset allocation is historical and is not an indication of the future composition.
Portfolio sector allocation
Source: Manulife Investment Management, as of 31 December 2020. Information about asset allocation is historical and is not an indication of the future composition.
Asia Pacific REITs performance
Sources: Bloomberg, as of 31 January 2021. Asia Pacific REITs are represented by FTSE EPRA Nareit Asia ex Japan Index (capped), Singapore REITs by FTSE Strait Times Real Estate Investment Trust Index, Hong Kong REITs by Hang Seng REIT Index and Australia REITs by S&P/ASX200 A-REIT Index. Performance is in local currency terms. Past performance is not a guarantee of future results.
Yield comparison vs Equity/ Government bond
Sources: Bloomberg, as of 31 December 2020. REIT Yield: Asia ex-Japan REITs are represented by FTSE EPRA Nareit Asia ex-Japan REITs 10% Capped USD Index, Australia REITs by S&P/ASP 200 A-REIT Index, Hong Kong REITs by Hang Seng REIT Index, Singapore REITs by FTSE Straits Times REIT Index. Equity Dividend Yield: Australia equities are represented by S&P/ASX 200 Index, Hong Kong equities by Hang Seng Index, Singapore equities by Straits Times Index. For illustrative purposes only. The above yields do not represent the distribution yield of the Fund and are not an accurate reflection of the actual return that an investor will receive in all cases. A positive distribution yield does not imply a positive return. Past performance is not an indication of future results.
Unless otherwise stated, all information sources are from Manulife Investment Management, as of 30 November 2020. A widespread health crisis such as a global pandemic could cause substantial market volatility, exchange trading suspensions and closures, and affect fund performance. For example, the novel coronavirus disease (COVID-19) has resulted in significant disruptions to global business activity. The impact of a health crisis and other epidemics and pandemics that may arise in the future, could affect the global economy in ways that cannot necessarily be foreseen at the present time. A health crisis may exacerbate other pre-existing political, social and economic risks. Any such impact could adversely affect the fund’s performance, resulting in losses to your investment. The information in this material may contain projections or other forward-looking statements regarding future events, targets, management discipline or other expectations, and is only as current as of the date indicated. There is no assurance that such events will occur, and may be significantly different than that shown here. Past performance is not indicative of future performance. Information about the asset allocation is historical and is not an indication of the future composition.