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Manulife Strategic Investment Grade Gb Bond Fd Adv (MMF4575 $8.97)
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Vanguard Global Aggregate Bond Index ETF (CAD-hedged) (VGAB)
Q: Your comments please about this fund for global bond exposure in a diversified portfolio. Are there any ETF's that would be similar in scope and performance.
Thanks, Brian
Thanks, Brian
5i Research Answer:
MER is 1.63%, which of course is way high for a bond fund. It does have a 4-star rating. Ten-year return is not impressive at 1.21%. It lost money in 2018, 2021 and 2022. Five year return is slightly negative. We don't think it is a good fund. VGAB would be similar. Five year numbers are not great but the fee difference over time (VGAB is 0.33%) should help relative performance.