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Manulife Investments to launch 4 multifactor ETFs

Manulife Investments plans to launch four multifactor equity exchange-traded funds in April in partnership with Dimensional Fund Advisors Canada ULC.

The Canadian Large Cap, Developed International, U.S. Large Cap and U.S. Mid Cap ETFs will seek to track indexes designed by Dimensional Fund Advisors LP, the parent company of Dimensional Fund Advisors Canada.

Dimensional Fund Advisors Canada will provide sub-advisory services to Manulife Investments with respect to Canadian ETFs for a period of seven years, subject to certain conditions.

Manulife Investments is part of Manulife Financial Corp.