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Manulife Tactical Income Fund Advisor Series

Tactical Balanced

FundGrade A Click for more information on Fundata’s FundGrade

FundGrade A

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Fundata ESG GradeB Click for more information on Fundata’s ESG Grade

Fundata ESG Grade B

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FundGrade A+® Rating Recipient

FundGrade A+® Rating Recipient

2023

Click for more information on Fundata’s FundGrade

NAVPS
(07-12-2024)
$7.89
Change
$0.04 (0.49%)

As at June 30, 2024

As at May 31, 2024

As at February 29, 2024

Period
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Manulife Tactical Income Fund Advisor Series

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Fund Returns

Inception Return (July 06, 2007): 4.40%

Fund Returns
Row Heading Return Annualized Return
1 Mth 3 Mth 6 Mth YTD 1 Yr 2 Yr 3 Yr 4 Yr 5 Yr 6 Yr 7 Yr 8 Yr 9 Yr 10 Yr
Fund 1.60% 0.53% 7.48% 7.48% 11.70% 12.95% 6.11% 8.00% 7.14% 6.86% 6.14% 6.33% 5.64% 5.15%
Benchmark 1.79% 1.93% 7.81% 7.81% 14.07% 12.55% 3.51% 5.23% 5.76% 5.68% 6.03% 6.45% 6.40% 7.19%
Category Average 0.53% 5.25% 5.25% 5.25% 9.52% 8.29% 2.10% 5.28% 4.32% 4.00% 3.88% 4.25% 3.72% 3.62%
Category Rank 48 / 345 242 / 344 95 / 342 95 / 342 115 / 341 24 / 340 28 / 327 52 / 319 47 / 310 38 / 287 48 / 273 52 / 259 49 / 181 67 / 145
Quartile Ranking 1 3 2 2 2 1 1 1 1 1 1 1 2 2

Monthly Return

Monthly Return
Return % Jul Aug Sep Oct Nov Dec Jan Feb Mar Apr May Jun
Fund 0.93% -0.94% -3.15% -0.40% 5.33% 2.31% 1.22% 3.93% 1.63% -2.48% 1.47% 1.60%
Benchmark 1.75% 0.57% -3.70% 0.21% 5.00% 2.05% 0.78% 3.10% 1.80% -1.57% 1.73% 1.79%

Best Monthly Return Since Inception

6.16% (July 2022)

Worst Monthly Return Since Inception

-5.68% (June 2022)

Calendar Return (%)

Calendar Return
Return % 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023
Fund 4.67% 1.39% 5.94% 5.97% -5.20% 13.88% 9.27% 12.08% -6.10% 11.71%
Benchmark 12.44% 17.05% 2.39% 8.66% 2.68% 12.26% 11.12% 6.48% -11.62% 11.69%
Category Average 6.78% 0.31% 5.78% 6.18% -5.55% 12.58% 5.65% 9.53% -9.83% 8.35%
Quartile Ranking 4 4 3 3 4 2 1 2 1 1
Category Rank 110/ 114 116/ 154 101/ 198 144/ 262 237/ 281 112/ 297 67/ 318 131/ 320 49/ 339 44/ 340

Best Calendar Return (Last 10 years)

13.88% (2019)

Worst Calendar Return (Last 10 years)

-6.10% (2022)

Asset Allocation

Asset Allocation
Name Percent
US Equity 28.54
Canadian Corporate Bonds 27.99
International Equity 15.77
Canadian Equity 14.80
Cash and Equivalents 8.40
Other 4.50

Sector Allocation

Sector Allocation
Name Percent
Fixed Income 32.51
Technology 12.43
Financial Services 11.55
Consumer Services 10.61
Cash and Cash Equivalent 8.40
Other 24.50

Geographic Allocation

Geographic Allocation
Name Percent
North America 84.28
Europe 15.74
Other -0.02

Top Holdings

Top Holdings
Name Percent
BANNER TRUST -
Microsoft Corp -
Oracle Corp -
Visa Inc Cl A -
Abbott Laboratories -
Brown & Brown Inc -
McKesson Corp -
Mcdonald's Corp -
Sysco Corp -
London Stock Exchange Group PLC -

Equity Style

Market capitalization is large. Equity style is growth.

Fixed Income Style

Average Duration: M. Average Credit Quality: M.
Period: 

Risk vs Return (3 Yr)

Manulife Tactical Income Fund Advisor Series

Median

Other - Tactical Balanced

3 Yr Annualized

Standard Deviation 10.96% 10.05% 8.42%
Beta 1.05% 1.08% 0.80%
Alpha 0.02% 0.01% 0.00%
Rsquared 0.74% 0.75% 0.54%
Sharpe 0.32% 0.53% 0.46%
Sortino 0.50% 0.68% 0.42%
Treynor 0.03% 0.05% 0.05%
Tax Efficiency 65.98% 73.38% 67.24%
Volatility Volatility rating is 5 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10 Volatility rating is 4 on a scale of 1 to 10

Risk Rating

Rating 5 out of ten

Annualized Key Ratio Period Comparison

Key Ratio
Key Ratio 1 Yr 3 Yr 5 Yr 10 Yr
Standard Deviation 8.43% 10.96% 10.05% 8.42%
Beta 1.06% 1.05% 1.08% 0.80%
Alpha -0.03% 0.02% 0.01% 0.00%
Rsquared 0.92% 0.74% 0.75% 0.54%
Sharpe 0.78% 0.32% 0.53% 0.46%
Sortino 1.85% 0.50% 0.68% 0.42%
Treynor 0.06% 0.03% 0.05% 0.05%
Tax Efficiency 85.08% 65.98% 73.38% 67.24%

Fundata ESG Metrics

Fundata ESG Score

The E, S, and G scores are averaged for each security in the portfolio, to arrive at an ESG score for each security. We take the portfolio weighted average of the ESG scores for each fund and rank them against their peers to arrive at the Fundata ESG Score from 0-100.

Fundata E Score

Three scores under the Environment bucket are averaged to yield the Fundata Environment Score for each fund from 0-100: (1) Pollution Prevention, (2) Environmental Transparency, (3) Resource Efficiency.

Fundata S Score

Six scores under the Social bucket are averaged to yield the Fundata Social Score for each fund from 0-100. (1) Compensation and Satisfaction, (2) Diversity and Rights, (3) Education and Work Conditions, (4) Community and Charity, (5) Human Rights, (6) Sustainability Integration.

Fundata G Score

Three scores under the governance bucket are averaged to yield the Fundata Governance Score for each fund from 0-100: (1) Board Effectiveness, (2) Management Ethics, (3) Disclosure and Accountability.

Powered by OWL Analytics. For more information, please contact Fundata Canada.

Fund Details

Start Date July 06, 2007
Instrument Type Mutual Fund
Share Class Commission Based Advice
Legal Status Trust
Sales Status Open
Currency CAD
Distribution Frequency Monthly
Assets ($mil) $116

Fund Codes

FundServ Code Load Code Sales Status
MMF13452
MMF13752
MMF3452
MMF3552
MMF3672
MMF3752

Investment Objectives

To generate income with the potential for long term capital growth. The Fund invests primarily in fixed income and equity securities of Canadian and foreign issuers. The fundamental investment objective of the Fund cannot be changed without the approval of investors who own securities in the Fund.

Investment Strategy

The portfolio advisor will utilize a strategy of tactically allocating investments among various fixed income and equity asset classes. Tactical Asset Allocation (“TAA”) decisions are derived from the portfolio advisor’s analysis and reports that assess a number of factors which include, but are not limited to, available yields, quality of management, a company’s earnings and dividend growth as well as its industry and overall economic prospects.

Portfolio Manager(s)

Name Start Date
Terry Carr 07-01-2015
Christopher Mann 07-01-2015
Steve Belisle 07-01-2015
Patrick Blais 02-13-2017
Richard Kos 02-20-2020

Management and Organization

Fund Manager Manulife Investment Management Limited
Advisor Manulife Investment Management Limited
Custodian RBC Investor Services Trust (Canada)
Registrar Manulife Investment Management Limited
Distributor -
Auditor Ernst & Young LLP

Investment Minimums

RSP Eligible Yes
PAC Allowed Yes
PAC Initial Investment 500
PAC Subsequent 25
SWP Allowed Yes
SWP Min Balance 5,000
SWP Min Withdrawal 100

Fees

MER 2.42%
Management Fee 1.98%
Load Choice of Front or No Load
FE Max 5.00%
DSC Max -
Trailer Fee Max (FE) 1.00%
Trailer Fee Max (DSC) -
Trailer Fee Max (NL) -
Trailer Fee Max (LL) -

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