Manulife Global Infrastructure Fund

Posted by on Apr 4, 2012 in Mutual Fund Updates | 0 comments

Fund Company Manulife Mutual Funds
Fund Type Specialty
Rating $$$$
Style Bottom up
Risk Level Medium
Load Status Optional
RRSP/RRIF Suitability Poor
TFSA Suitability Poor
Manager Craig Noble since May 2008
MER 3.06%
Code MMF 4569 – Front End Units
MMF 4469 – DSC Units
MMF 4769 – Low Load Units
Minimum Investment $500

Analysis: Craig Noble of Brookfield Investment Management runs this fund using a disciplined, bottom up stock selection process that looks to identify infrastructure related companies that are trading below their intrinsic values. In Europe, the fund holds a number of toll roads, while the North American focus is on energy infrastructure including pipelines and power generation. Performance has outpaced much of the global equity category, returning 14.9% for the most recent three year period. The biggest drawback of this fund is its cost, with an MER of 3.06%.             

 

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