On The Shelf:

By Staff | May 6, 2008 | Last updated on May 6, 2008
2 min read
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(May 6, 2008) Manulife Investments and RBC have teamed up to offer a series of new principal-protected deposit notes, which provide access to global equity markets.

The Manulife Investments Global Balanced Plus Deposit Notes are tied to the performance of three funds: the Mawer World Investment Fund, the Manulife Strategic Income Fund, and the Manulife Canadian Core Fund.

Bob Tillmann, vice-president, marketing and business development, Manulife Investments, says these deposit notes are ideal for investors who are nervous about market volatility yet require growth potential to reach their financial goals.

“By providing a 100% principal-amount guarantee at maturity, these notes provide exposure to potentially superior rates of return while controlling the risks associated with equity investing,” adds Tillmann.

The notes employ a dynamic asset-allocation strategy providing notional exposure to underlying funds when performance is positive and reduced exposure when performance is negative.

They are not, however, without risk. The notes may not be suitable for all types of investors; prices and value may fluctuate and/or be adversely affected by a number of factors. The fluctuation of the fund-portfolio value will have a direct impact on returns, if any, on maturity.

The series 7, 8 and 9 notes are available through advisors on both the IDA and MFDA platforms and are available for purchase until June 13, 2008. For details regarding this investment product, including a discussion of risk factors, visit www.manulife.ca/investments.

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Mavrix launches Quebec flow-through fund

(May 6, 2008) Mavrix Fund Management has announced the filing of the preliminary prospectus for the Mavrix Quebec 2008 Flow Through LP, which will invest in flow-through shares issued by mining companies with exploration activities in the province of Quebec.

Mavrix is the manager and portfolio advisor of the LP. The maximum size of the offering is $25 million.

Pending approval by the government of Quebec, residents of the province who invest in the fund may be entitled to deduct up to 150% of certain exploration expenses incurred within the province.

While the primary benefit of flow-through investing is the tax break, the exploration companies could provide investors with exposure to gold, copper, zinc, nickel, iron and diamonds, if these minerals are discovered.

(05/06/08)

Advisor.ca staff

Staff

The staff of Advisor.ca have been covering news for financial advisors since 1998.