Manulife streamlines universal life product [Advisor.ca (Canada)]
Manulife Financial Corporation (MFC)
Last manulife financial corporation earnings: 2/12 05:00 pm
Check Earnings Report
US:NYSE Investor Relations:
manulife.com/investor-relations
Company Research
Source: Advisor.ca
© Gearstd / iStockphotoToronto-based Manulife Financial Corp. has streamlined its universal life product and lowered the rates of various term products.Alex Lucas, head of insurance at Manulife Canada, said the company is expanding its universal life (UL) product shelf and closing some of its other products “to streamline and simplify our offer for customers and advisors.”Manulife is adding a minimum interest rate guarantee of 1% to its Performax Gold Investment Fund account and making the account more accessible. Advisors will be able to invest their clients in the Performax fund and other investment accounts in the same universal life policy, the firm said Monday.The universal life product provides single and joint last-to-die coverage and Manulife has lowered the minimum face amount for UL coverage to $25,000. Death benefit types are divided into two cost structures: level (face plus and percentage of account value on each death) and yearly renewable term (YRT, with face plus and l
Show less
Read more
Impact Snapshot
Event Time:
MFC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
MFC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
MFC alerts
High impacting Manulife Financial Corporation news events
Weekly update
A roundup of the hottest topics
MFC
News
- Manulife to Release First Quarter 2024 Results [Yahoo! Finance]Yahoo! Finance
- Manulife to Release First Quarter 2024 ResultsPR Newswire
- Manulife Investment Management Announces Cash Distributions for Manulife Exchange Traded FundsPR Web
- Manulife Financial: Company Firing On All Cylinders, But Valuation Too Rich (Rating Downgrade) [Seeking Alpha]Seeking Alpha
- Should Value Investors Buy Manulife Financial Corp (MFC) Stock? [Yahoo! Finance]Yahoo! Finance
MFC
Earnings
- 2/14/24 - Beat
MFC
Sec Filings
- 3/25/24 - Form 6-K
- 3/22/24 - Form 6-K
- 2/28/24 - Form S-8
- MFC's page on the SEC website