Manulife’s Retirement Date Funds offer plan members a simple, convenient investment choice. Members select the fund with a date closest to their planned year of retirement and over time, the investment mix within each specific fund will shift by reducing equity exposure and increasing the amount invested in fixed income securities.
The asset mix for the funds is strategically managed with an annual rebalancing element. Manulife's Retirement Date Funds are structured with the risk-reduction benefits of diversification as an essential foundation.
Manulife also offers members Target Date funds managed by three third-party partners: BlackRock, Fidelity Investments, and Franklin Templeton Investments.
The individual BlackRock LifePath Portfolios offered include those with retirement dates of 2020, 2025, 2030, 2035, 2040, 2045 and 2050, plus the BlackRock LifePath Index Retirement Fund. Each portfolio uses active rebalancing and indexed exposure across multiple asset classes.
Fidelity ClearPath Retirement Portfolios
Fidelity ClearPath Funds automatically adjust their investment mix for different time horizons, making investors less vulnerable to market volatility as they approach retirement. The further away a member’s retirement date is, the greater percentage of the portfolio is invested in stocks . The closer the member’s retirement date is, the more bonds and cash the portfolio will hold, to preserve gains and generate income.
Franklin Templeton LifeSmart Investment Portfolios
Manulife offers 12 actively-managed Franklin Templeton Target Date funds and a Retirement Fund, providing investors with portfolios to meet investor profiles ranging from conservative, to growth, and to target retirement dates of 2020, 2030, 2040 or 2050. All funds are overseen by Franklin Templeton’s global and domestic portfolio management teams.