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March 18, 2013updated 13 Apr 2017 8:40am

Manulife Philippines Launches Innovative New Product

Manulife Philippines is launching a new product that offers investors the opportunity to grow their wealth through gains in equity markets while limiting their exposure to market volatility. MANULIFE Wealth Premier allows investors to benefit during boom times, while protecting their savings during market downturns.

By Verdict Staff

MANULIFE Wealth Premier is a variable life insurance product that provides a safety net for investments. MANULIFE Wealth Premier combines the benefits of a life insurance policy with the opportunity gain from the performance of a basket of international equity indices and cash-like instruments. Investors are guaranteed that the unit price of the Fund will not fall below 80 percent of the highest-ever Fund unit price (the "High Watermark Price"). Every time the unit price reaches a new high, a new minimum unit price will be achieved.

"At Manulife, we care about our clients and we listen to their concerns. We’ve heard that they are concerned about equity markets after the recent volatility but still want to see their money grow," said Indren Naidoo, Manulife Philippines President and Chief Executive Officer. "This product offers our clients the best of both worlds; exposure to international markets and the protection of a guarantee that their Fund’s unit price will never drop below the 80% high watermark."

MANULIFE Wealth Premier offers a unique guarantee that applies throughout the life of the Fund, not just at maturity.

"This product offers our customers the growth potential, protection and flexibility that they want in their wealth solutions," said Mr. Naidoo.

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