Manulife Asset Management launches Manulife Strength – Asian Small Cap Equity Retirement Mutual Fund

Manulife Asset Management launches Manulife Strength – Asian Small Cap Equity Retirement Mutual Fund

Bangkok– Manulife Asset Management (Thailand) Co Ltd (Manulife AM (Thailand)) has announced the launch of the Manulife Strength – Asian Small Cap Equity Retirement Mutual Fund (the MS-ASM RMF). The new fund is suited for long-term investors who seek to achieve internationally diversified portfolios with the potential to deliver capital appreciation to help finance retirement.

MS-ASM RMF is a feeder fund that will invest in a “master fund”: the Manulife Global Fund – Asian Small Cap Equity Fund. The master fund is actively managed and employs a bottom-up approach to identify underappreciated small-cap equities trading on Asia-Pacific markets which have unique market niches, capable management teams and the potential for strong profitability. It aims to make early stage investments and reap returns as the wider market recognises the potential of these stocks.

According to Tor Indhavivadha, CEO of Manulife AM (Thailand), “Manulife Asset Management’s Aging Asia series of research reports found that responsibility for retirement income security is increasingly shifting to individuals. However, a proprietary Manulife survey has found that many people in the region, including in Thailand, may underestimate the level of savings needed to ensure a comfortable and secure retirement.

“We believe the investment strategy of the master fund and the Asian small cap asset class is well suited for investors with a long-term investment horizon looking to contribute regularly to a retirement mutual fund, or RMF. Asian small cap stocks have outperformed their large-cap peers in 10 of the past 14 years without showing a higher degree of volatility.”

The launch of the MS-ASM RMF follows the 2012 launch of the Manulife Strength – Asian Small Cap Equity FIF (the MS-ASIAN SM), which is a feeder fund that invests in the same master fund.

According to Indhavivadha, “The launch of MS-ASIAN SM was received enthusiastically by Thai investors and rapidly grew to reach assets under management of THB4.198 billion, making it Thailand’s largest Asian equity fund[1]. This strong growth has been propelled by the master fund’s investment strategy, which has consistently delivered returns in excess of its benchmark[2].”

The MS-ASIAN SM has delivered cumulative return of 70.55% since its 31 January 2012 inception, outperforming its benchmark index by more than 50 percentage points[3].

The master fund is managed by Linda Csellak, Head of Asia Pacific equities with Manulife Asset Management Hong Kong. Csellak was named “Long-Only Equity Fund Manager of the Year – Small Cap” at The Asset’s Triple A Investor and Fund Manager Awards 2014.

Interested investors can subscribe to the MS-ASM RMF IPO during 25 June to 8 July 2014, with a minimum subscription of THB10,000. Those who invest in the MS-ASM RMF during the IPO period will receive investment units in the Manulife Strength – Money Market Fund (MS-MONEY) valued at 0.20% of the total amount invested in MS-ASM RMF (term & conditions apply). For more details, contact Manulife Asset Management (Thailand) Co Ltd at 0 2246 7650 #2, visit or contact any of our sales agents.


Manulife Strength – Asian Small-Cap Equity FIF (MS-ASIAN SM)
Fund performance since inception – 31 January 2012 (as of 30 May 2014)

Fund / Benchmark 3 months 6 months 1 yr YTD Since inception
(31 January 2012)
MS-ASIAN SM 4.19% 10.21% 14.00% 9.07% 70.55%
MSCI Asia Pacific ex Japan
Small Cap Index
4.20% 7.94% 10.64% 6.66% 19.04%
Fund vs benchmark performance (percentage points) -0.01 2.27 3.36 2.41 51.51


Note: Fund performance is presented net of fees.

Source: Manulife AM (Thailand), Bloomberg (as of 30 May 2014 – in THB).

Investment contains risks. Investors should study information, investment policy, risks, fund performance and tax guidelines before investing. Past returns are no guarantee of future returns. Investment in a foreign investment fund contains currency risks, ie the risk of incurring losses (and the opportunity to make gains) on exchange, and may offer either positive or negative returns.

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About Manulife Asset Management (Thailand)

Manulife Asset Management (Thailand) Co Ltd (Manulife AM (Thailand)) is a subsidiary of Manulife Financial, a leading Canada-based financial services group. As a part of a global investment organization with fund analysts and investment professionals around the world and in 10 countries and territories throughout Asia, the company is fully supported by and interconnected with Manulife Asset Management’s global team. Manulife AM (Thailand) is one of only a few asset management companies in Thailand that has expertise in offshore fund management, which is a core strength.

About Manulife Asset Management

Manulife Asset Management is the global asset management arm of Manulife Financial, providing comprehensive asset management solutions for institutional investors and investment funds in key markets around the world. This investment expertise extends across a broad range of public, private, and alternative asset classes, as well as asset allocation solutions. As at 31 March 2014, assets under management for Manulife Asset Management were US$269 billion.

Manulife Asset Management’s public markets units have investment expertise across a broad range of asset classes including public equity and fixed income, and asset allocation strategies. Offices with full investment capabilities are located in the United States, Canada, the United Kingdom, Japan, Hong Kong, Singapore, Taiwan, Indonesia, Thailand, Vietnam, Malaysia, and the Philippines. In addition, Manulife Asset Management has a joint venture asset management business in China, Manulife TEDA. The public markets units of Manulife Asset Management also provide investment management services to affiliates’ retail clients through product offerings of Manulife and John Hancock. John Hancock Asset Management and Declaration Management and Research are units of Manulife Asset Management.

Additional information about Manulife Asset Management may be found at

About Manulife

Manulife is a leading Canada-based financial services group with principal operations in Asia, Canada and the United States. Clients look to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Our international network of employees, agents and distribution partners offers financial protection and wealth management products and services to millions of clients. We also provide asset management services to institutional customers. Funds under management by Manulife and its subsidiaries were approximately US$574 billion as at 31 March 2014. Our group of companies operates as Manulife in Canada and Asia and primarily as John Hancock in the United States. Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘945’ on the SEHK. Manulife can be found on the Internet at

Customer Inquiries:

Manulife Asset Management (Thailand) Co Ltd

6th Floor Manulife Place  364/30 Sri Ayudhaya Road, Thanon Phayathai, Rajthevi, Bangkok 10400

Website: Tel: 02-246-7650 #2   Fax: 02-642-6341

Media contacts:             
Chutchada Ekahitanonda

Manulife Asset Management (Thailand) Co Ltd

02 246 7650 (ext 8615)

662 354 1006 (direct)


Wattanapong Ranron

Manulife Asset Management (Thailand) Co Ltd

02 246 7650 (ext 8640)


Panwadee Pintuyothin

Manulife Asset Management (Thailand) Co Ltd

02 246 7650 (ext 8608)



[1]As of 30 May 2014.

[2] The MSCI AC Asia Pacific ex Japan Small Cap Index.

[3] Bloomberg, 30 May 2014.