Philippine National Bank and Manulife Asset Management and Trust Corporation MOA Signing
Philippine National Bank (PNB) and Manulife Asset Management and Trust Corporation (MAMTC) signed a memorandum of agreement which was formalized last 22 July 2019 allowing PNB to make available the Manulife Asia Pacific REIT Fund of Funds UITF to their clients. This fund is a unit paying fund that seeks to achieve long-term capital appreciation and generate income by investing primarily in Real Estate Investment Trusts (REITs) in the Asia Pacific region.