Financial Update on Manulife Financial Corp
Manulife Financial Corp, a leading provider of financial protection and investment management services in Canada, the United States, and Asia, announced several developments in its investment and insurance segments on 25 November 2025.
New Exchange‑Traded Funds
Manulife Investments introduced two new ETFs that closed their initial offering and are now trading on Cboe Canada:
| ETF | Ticker | Focus |
|---|---|---|
| Manulife Smart Enhanced Yield Bond ETF | BYLD | Targeted at investors seeking steady income |
| Manulife Smart Enhanced Yield Bond ETF – Unhedged | BYLD.B | Similar income strategy without currency hedging |
| Manulife Global Edge ETF | GEDG | Designed for long‑term capital appreciation through global equities |
The launch expands Manulife’s ETF platform and offers clients additional avenues for diversification and income generation.
Estimated Reinvested Capital Gains Distributions
On 24 November 2025, Manulife Investments released the 2025 annual estimates for reinvested capital‑gain distributions from its ETFs and ETF series of Manulife Mutual Funds, including the Alternative Mutual Funds. These estimates represent realized capital gains that will be distributed to investors in the following year.
Market Context – Variable Life Insurance
A recent Allied Market Research report projected that the global variable life insurance market will reach $149.7 billion by 2034, up from $67.5 billion in 2024, at an 8.1 % compound annual growth rate. This growth reflects increasing consumer demand for investment‑linked insurance products and the broader trend toward financial planning solutions that combine protection with wealth accumulation.
Company Snapshot (as of 23 November 2025)
- Close price: CAD 49.28
- 52‑week range: CAD 36.93 – CAD 49.82
- Market capitalization: CAD 81.99 billion
- Price‑earnings ratio: 15.45
- Primary exchange: Toronto Stock Exchange
- Currency: CAD
Manulife’s ongoing initiatives in ETF offerings and its participation in a rapidly expanding variable life insurance market reinforce its position as a diversified financial services provider.
