We’re adding new retirement date funds to our lineup

In 2019, we’ll be adding new funds to existing retirement date fund series to make sure members born in 1995 or later can invest in a fund that aligns most closely to their expected retirement year, assuming they retire at age 65.

As a first step, on July 18, 2019 we’ll be adding a 2060 fund to clients that currently have one of the following retirement date fund series as part of their investment line-up:

  • Manulife BlackRock LifePath® Index Retirement Date Fund
  • Manulife Fidelity ClearPath Portfolio
  • Manulife MFS LifePlan Retirement Funds

What will happen and when

If any of your clients are affected by this change, we’ve sent you a letter detailing how and when the 2060 funds will be added, and how future contributions will be invested, if applicable. It also gives details on what will be communicated to your clients and their plan members affected by this change.

Affected plan sponsors and members will be notified by letter in May 2019 and June 2019, respectively. No action is required by either sponsors or members.

If you have any questions, please contact your Manulife representative.