KWI Healthcare FIF-D
An open-ended feeder fund investing mainly in the mutual fund units of a foreign sector fund. Mutual fund units of the Fund are divided into 2 classes as follows:
1) Capital Accumulation (KWI HCARE-A)
2) Dividend Distribution (KWI HCARE-D)
Renamed from Manulife Strength-Healthcare FIF-D (MS-HCARE-D) More details
The Fund shall invest, on average, no less than 80 percent of the net asset value in any accounting period in the Mutual Fund Units of Manulife Global Fund - Healthcare Fund (Share Class AA) (the Master Fund), which is registered and traded in Luxembourg. Managed by Manulife Investment Management (US) LLC. For the remaining investment portion, the Fund may invest or hold other types of securities or assets; or seek investment returns by other means, domestically and abroad, as stipulated or approved by the Office of the SEC.
The Healthcare Fund will invest a major portion of its assets in stocks of health sciences companies. These companies will derive more than half of their revenues from health care-related business activities or commit more than half of their assets to these activities. As the Sub-Fund is non-diversified, it may invest more than 5% of its Net Asset Value in transferable securities or money market instruments of individual companies.
The Investment Manager studies economic trends to allocate assets among the following major categories:
• pharmaceuticals and biotechnology
• medical devices and analytical equipment
• healthcare services
The Investment Manager also uses fundamental financial analysis to identify individual companies of any size that appear most attractive in terms of earnings stability, growth potential and valuation.
Manulife Investment Management (US) LLC
Dividend Distribution Class (KWI HCARE-D):
(1) The Management Company shall arrange to pay dividends not more than 12 times a year.
(2) Dividends of the Fund are paid out of accumulated earnings and/or net profits during an accounting period. The dividend payouts shall not result in higher accumulated losses during the corresponding accounting period.