Manulife Financial is one of the Big Three Canadian life insurers. The firm provides life insurance, annuities, asset management, and wealth management products to individuals and group customers in Canada, the United States, and Asia. The Canadian business segment contributes approximately 21% of 2025 adjusted earnings. The Asia segment operates across 12 countries and contributes around 38% of earnings, with a significant presence in Hong Kong and Singapore. The US business, which primarily operates under the John Hancock brand, contributes about 16% of earnings. Manulife's global asset and wealth management business contributes approximately 25% of its earnings and had around CAD 1.1 trillion in assets under management and administration as of the end of 2025.
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The chart shows the growth of an initial investment of $10,000 in Manulife Financial Corp., comparing it to the performance of the S&P 500 index.
All prices have been adjusted for splits and dividends.
Manulife Financial Corp. (MFC) has returned -4.09% so far this year and 31.95% over the past 12 months. Looking at the last ten years, MFC has achieved an annualized return of 9.53%, underperforming the Benchmark (SPY), which averaged 12.23% per year.
The table below presents the monthly returns of Manulife Financial Corp. (MFC) with color gradation from worst to best to easily spot seasonal factors.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | 4.73% | -6.74% | -0.98% | 0.06% | ||||||||
| 2025 | -2.73% | 10.07% | -0.29% | -1.89% | 4.26% | 0.41% | -3.04% | 0.33% | 2.23% | 4.49% | 8.74% | 3.01% |
| 2024 | 1.10% | 7.91% | 5.27% | -7.02% | 11.37% | 2.62% | -0.30% | 3.52% | 8.08% | -0.92% | 9.29% | -4.66% |
| 2023 | 11.24% | 0.30% | -7.32% | 7.16% | -6.23% | 1.83% | 5.76% | -6.95% | -1.88% | -4.18% | 11.31% | 13.33% |
| 2022 | 8.55% | -3.02% | 5.69% | -8.98% | -5.12% | -6.88% | 6.39% | -5.31% | -8.90% | 3.70% | 7.45% | -1.49% |
| 2021 | 0.56% | 9.45% | 6.07% | 1.63% | -5.04% | -6.77% | -2.42% | 0.10% | -1.79% | 1.30% | -8.32% | 3.36% |
| 2020 | -4.14% | -13.82% | -25.80% | 6.24% | 1.47% | 9.22% | -1.61% | 9.26% | -5.12% | -2.37% | 23.09% | 2.77% |
| 2019 | 14.86% | 4.78% | -0.53% | 7.98% | -9.19% | 8.54% | -1.58% | -7.72% | 11.81% | 1.31% | 5.24% | 3.05% |
| 2018 | 1.43% | -9.93% | -2.16% | 1.67% | -0.26% | -5.62% | 4.21% | -1.72% | -1.49% | -12.76% | 4.23% | -15.94% |
| 2017 | 6.33% | -6.86% | -3.38% | -1.07% | -2.87% | 8.00% | 9.22% | -5.21% | 2.58% | -1.08% | 4.06% | -1.42% |
| 2016 | 5.44% | 0.68% | -7.57% | 0.15% | 3.45% | 2.99% | 19.37% | 1.31% |
The charts below present risk-adjusted performance metrics for Manulife Financial Corp. (MFC) and compare them to a Benchmark (SPY). These indicators evaluate an investment's returns against its associated risks.
The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.
These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns.
The chart below shows the rolling Sharpe ratio of MFC compared to the benchmark. This view highlights how the investment's risk-adjusted performance has changed over time.
The current Manulife Financial Corp. volatility is 1.22%, representing the standart deviation of percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.
The Drawdowns chart displays portfolio losses from any high point along the way. It shows the maximum percentage drop from a peak to a trough over a specified period, indicating the risk of significant losses.
Although chart shows positive values, it represents the percentage drop from the peak, so a value of 10% means the portfolio has dropped 10% from its highest point.
Manulife Investments announced March 2026 cash distributions for its exchange-traded funds (ETFs) and ETF series of mutual funds. Unitholders of record as of March 31, 2026, will receive distributions payable on April 15, 2026. The announcement includes distribution amounts for 24 different Manulife ETFs and ETF series funds with monthly and quarterly payment frequencies.
Canadian Life Companies Split Corp. announced its monthly dividend distribution of $0.10000 per Class A share (annualized at $1.20) and $0.05833 per Preferred share (annualized at $0.70), payable April 10, 2026. Since inception, Class A shareholders have received $10.05 per share and Preferred shareholders $12.97 per share. The company invests in four major Canadian life insurance companies.
Dividend 15 Split Corp. declares monthly distributions of $0.10000 per Class A share and $0.05833 per Preferred share, payable April 10, 2026. The fund invests in a portfolio of 14 leading Canadian dividend-yielding stocks. Since inception, Class A shareholders have received $29.00 per share and Preferred shareholders $11.93 per share.
M Split Corp. declared its monthly distribution of $0.03125 per share for Class I Preferred shareholders, representing a 7.50% annual yield based on the $5 notional issue price. The distribution is payable April 10, 2026 to shareholders of record as of March 31, 2026. M Split invests in common shares of Manulife Financial Corporation.
North American Financial 15 Split Corp. declared its regular monthly distributions of $0.11335 per Class A share (annualized $1.3602) and $0.06250 per Preferred share (annualized $0.750), payable April 10, 2026. Since inception, Class A shareholders have received $18.99 per share and Preferred shareholders $12.74 per share.
Manulife Investments announced February 2026 cash distributions for its ETFs and ETF series of mutual funds that distribute monthly. Unitholders of record as of February 27, 2026, will receive distributions payable on March 13, 2026, with distribution amounts varying across different funds ranging from $0.019614 to $0.160000 per unit.
M Split Corp. declared its monthly distribution of $0.03125 per share for both Class I and Class II Preferred shareholders, maintaining an annual dividend rate of 7.50% based on the $5 notional issue price. Distributions are payable March 10, 2026 to shareholders of record as of February 27, 2026. The fund invests in common shares of Manulife Financial Corporation.
The Asia Pacific Foundation of Canada successfully concluded its fourth Canada-in-Asia Conference in Singapore on February 11, 2026, with 708 registered guests. The conference focused on three key pillars—food security, energy security, and infrastructure—to strengthen Canada-Asia partnerships. Senior government representatives from Canada, Singapore, and Ontario attended, emphasizing the strategic importance of building diversified supply chains and collaborative relationships between Canada and the Indo-Pacific region.
The Asia Pacific Foundation of Canada successfully concluded the 2026 Canada-in-Asia Conference in Singapore on February 11, 2026, with 708 registered guests. The conference focused on three key pillars—food security, energy security, and infrastructure—to foster resilient partnerships between Canada and Asia amid geopolitical disruptions and economic uncertainty. High-level government representatives from Canada, Singapore, and Ontario participated, emphasizing the strategic importance of diversified supply chains and collaborative relationships across the Pacific.
Manulife Investments announced the launch of five ETF-based mutual funds and a new Global Credit Opportunities Fund to provide investors with additional actively managed strategies for diversification, income, and capital preservation. The ETF-based mutual funds offer greater flexibility with total cost reporting while maintaining disciplined investment processes.