MPIP Segregated Pools combines these key features and benefits to help build and protect wealth
Comprehensive selection of funds
Access high-conviction, active portfolio management. Choose from carefully selected segregated pools and portfolios in various asset classes, from fixed income to specialty equity.
Flexibility and convenience
MPIP Segregated Pools recognize higher deposit amounts with management fee reimbursements. These allow household contract linking, which combines all the contract balances in an investor’s household to potentially qualify for an even greater management fee reimbursement.
- Household contract-linking
The household contract linking balance is determined by combining all the assets of the pools/portfolios held in eligible contracts in the household, which can include spouses² and other family members residing at the same address. It can also include corporate contracts where a qualifying household member beneficially owns more than 50% of the corporation’s voting equity.
- Management Fee Reimbursement (MFR) Rates
If the aggregated market value of the household assets reaches or exceeds $250,000, every contract within the household benefits from the MFR. MFR rates don’t differ by pool/portfolio and include the household assets going back to the first dollar invested. The MFR will automatically be credited to the contract, and all eligible contracts in the household, as an allocation of additional units into the relevant pools or portfolios on at least a quarterly basis and will not be paid in cash.
Management fee reimbursement rates*
|Contract/household value tiers|
|Asset band**||$250K to $499,999K||$500K+ to $999,999K||$1M+ to $4,999,999K||$5M+ to $9,999,999M||$10M+|
|All MPIP Segregated Pools and Portfolios||2.5bps||5.0bps||7.5bps||10.0bps||12.5bps|
*MFR rates that are listed do not apply to the Manulife Dollar‑Cost Averaging Program Private Segregated Pool or the Manulife High Interest Savings Private Segregated Pool, if held, and any applicable HST. The MFR will not be paid in cash, but will be credited to the contract. **Asset bands, tiers, and rates are subject to change. The amount of the reimbursement begins on the first dollar invested.
Explore our segregated pools and portfolios
With access to balanced and fixed-income asset classes, as well as global opportunities, these segregated pools and portfolios may be ideal for business owners and professionals who want to separate personal assets from business assets for potential creditor protection.
1 Minimum initial investment per pool/portfolio, may be reduced depending on the total amount of assets invested. For invested assets between $100,000 and $249,999, minimum per pool/portfolio is $100,000. For invested assets of $250,000 or more, the minimum per pool is $1,000. 2 The term spouse includes common-law partner as these terms are defined by the Income Tax Act (Canada).
Withdrawals proportionally decreasematurity and death benefit guarantees. The MPIP Segregated Pools insurance contract is offered by The Manufacturers Life Insurance Company.
The Manufacturers Life Insurance Company (Manulife) is the issuer of insurance contracts containing Manulife segregated funds and the guarantor of any guarantee provisions therein. Manulife Investment Management is a trade name of Manulife.
MPIP Segregated Pools: Any amount that is allocated to a segregated fund is invested at the risk of the contractholder and may increase or decrease in value. Withdrawals proportionally decrease Maturity and Death Benefit Guarantees. The Management Fee Reimbursement will not be paid in cash but will be credited to the Contract as additional Units to the relevant Funds. Manulife Investments is a division of The Manufacturers Life Insurance Company. The Manufacturers Life Insurance Company is the issuer of the Manulife Private Investment Pools – MPIP Segregated Pools (MPIP Segregated Pools) insurance contract and the guarantor of any guarantee provisions therein.