Manulife Launches Actively Managed All-in-One ETFs for Diversified Portfolios — Manulife Investment Management (Manulife Wealth & Asset Management)

Event summary

Manulife Investments launched three actively managed All-in-One ETFs on April 28, 2026, offering diversified exposure across 15 equity and fixed income asset classes.
The ETFs are categorized into Conservative (MCAP), Balanced (MBAP), and Growth (MGAP) portfolios, managed by Manulife's Multi-Asset Solutions Team.
The portfolios utilize underlying ETFs and derivatives for global exposure, with risk-based asset allocation strategies.
Alexandre Richard, CFA, leads the management team, emphasizing adaptability to market shifts and cost efficiency.

The big picture

Manulife's launch of actively managed, diversified ETFs reflects a broader industry trend toward simplified, cost-effective investment solutions. The move positions Manulife to compete with other asset managers offering similar one-ticket portfolio solutions, particularly as investors seek balanced exposure with reduced complexity. The success of these ETFs will hinge on their ability to adapt to market shifts and deliver consistent performance.

What we're watching

Competitive Positioning: How Manulife's actively managed ETFs will differentiate against passive and other active ETF providers in the Canadian market.
Performance Metrics: Whether the new ETFs can deliver on their promise of long-term capital appreciation and income generation across varying market conditions.
Adoption Pace: The pace at which advisors and retail investors adopt these all-in-one solutions, given their cost-efficiency and diversified approach.