Which Manulife Preferred should I Buy - www.canadianpreferredshares.ca

Which Manulife Preferred Should I Buy

This compare tool helps you determine Which Manulife Preferred you Should Buy. In this section we provide additional information to help you make the right decision. This information includes

  1. A number of what if scenarios for the 5 year resets. The scenarios are based on the various yields of the G.O.C. 5 year bond.
  2. A line graph chart with the historical yields of all preferreds issued.
  3. Links to the prospectus of each preferred.


 
 

Reset Scenarios Based on Various G.O.C. 5 Year Bond Yield Rates

The following table presents 6 scenarios, of the issues resetting based on different 5 Year Bond rates. Each scenario consists of 3 columns and grouped by color. The rates assumed for the reset are as follows:
  • Scenario 1: 5YR GOC Rate is set at 1.50%
  • Scenario 2: 5YR GOC Rate is set at 2.00%
  • Scenario 3: 5YR GOC Rate is set at 2.50%
  • Scenario 4: 5YR GOC Rate is set at 3.0%
  • Scenario 5: 5YR GOC Rate is set at 3.50%
  • Scenario 6: 5YR GOC Rate is set at 4.00%

Note: Only the first 3 "What if scenarios" of the total 6 are available on the Free Site. All 6 scenarios can be viewed in the premium site


For more information please review our video and/or post. Links available at the bottom of the page


Rank Preferreds - Compare Reset Scenarios

Last Updated: Market Data 2024-Apr-05 19:07, Model Metrics 2024-Apr-08 20:15
Credit RatingSymbolReset Date Y/M/DCurrent (Yield Dividend)
5Yr @ 1.50%. Reset (Yield Dividend)Scenario: 1 yield and dividend based on GOC 5yr Rate of 5Yr @ 1.50%.
5Yr @ 1.50%. Blended (Yield Dividend)5Yr @ 1.50%. Rate Change (percent | to value )
5Yr @ 2.00%. Reset (Yield Dividend)Scenario: 2 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.00%.
5Yr @ 2.00%. Blended (Yield Dividend)5Yr @ 2.00%. Rate Change (percent | to value )
5Yr @ 2.50%. Reset (Yield Dividend)Scenario: 3 yield and dividend based on GOC 5yr Rate of 5Yr @ 2.50%.
5Yr @ 2.50%. Blended (Yield Dividend)5Yr @ 2.50%. Rate Change (percent | to value )
Pfd2HMFC-F MFC.PR.F CA56501R8580 2026JUN1903.84% $0.58704.76% $0.7204.34% $0.66063% 4.76%5.58% $0.8504.79% $0.73063% 5.58%6.39% $0.9705.24% $0.80063% 6.39%
Pfd2HMFC-Q MFC.PR.Q CA56501R6196 2028JUN1906.79% $1.48554.63% $1.0106.46% $1.41014% 4.63%5.20% $1.1406.55% $1.43014% 5.20%5.77% $1.2606.63% $1.45014% 5.77%
Pfd2HMFC-I MFC.PR.I CA56501R7830 2027SEP1906.68% $1.49454.88% $1.0906.14% $1.37011% 4.88%5.44% $1.2206.31% $1.41011% 5.44%6.00% $1.3406.47% $1.44011% 6.00%
Pfd2HMFC-J MFC.PR.J CA56501R7673 2028MAR1906.84% $1.53984.57% $1.0306.39% $1.43011% 4.57%5.12% $1.1506.49% $1.46011% 5.12%5.68% $1.2806.61% $1.48011% 5.68%
Pfd2HMFC-K MFC.PR.K CA56501R7426 2028SEP1907.07% $1.58754.14% $0.9306.78% $1.52011% 4.14%4.70% $1.0606.83% $1.53011% 4.70%5.26% $1.1806.89% $1.54011% 5.26%
Pfd2HMFC-L MFC.PR.L CA56501R7269 2024JUN1904.71% $0.94654.56% $0.9104.56% $0.91024% 4.56%5.18% $1.0405.15% $1.03024% 5.18%5.80% $1.1705.77% $1.15024% 5.80%
Pfd2HMFC-M MFC.PR.M CA56501R6923 2024DEC1904.69% $0.95004.76% $0.9604.75% $0.96023% 4.76%5.38% $1.0905.27% $1.06023% 5.38%6.00% $1.2205.82% $1.17023% 6.00%
Pfd2HMFC-N MFC.PR.N CA56501R6766 2025MAR1904.66% $0.91884.82% $0.9504.78% $0.94026% 4.82%5.45% $1.0805.31% $1.04026% 5.45%6.09% $1.2005.80% $1.14026% 6.09%




Current yields over time

The graph below shows the current yield of each Manulife Financial Corp. preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. The yield has an inverse relationshlp to the share price. As the share price rises towards face value the yield gets lower.
  2. For 5 year resets, at reset time the yield usually makes a substantial move up or down when the reset takes effect.




Reset yields over time

The graph below shows the projected reset yield of each Manulife Financial Corp. preferred share, over time. Place the mouse cursor over the graph to reveal data like (date, ticker and current Yield).
When viewing the graph below keep in mind the following
  1. This yield is projected based on todays 5yr GOC rate plus the spread of the preferred.
  2. This is a what if scenario. If the preferred was to reset today this would be the new yield.

Additional Information

Continue to Which Manulife should I Buy – Page 1 of 4 where you can find:

  1. Manulife Brief Overview
  2. Latest Manulife Credit Ratings
  3. Manulife Common Share Metrics
  4. Overall Preferred Share Metrics across all Manulife preferreds
Back To Page 1/4
Which Manulife Preferred should I Buy - www.canadianpreferredshares.ca

Additional Information

Continue to Manulife Preferreds Consolidated Short Position Report page 3 of 4 where you can find

  1. Consolidated Short Position Reports for each Manulife Preferred
Continue To Page 3/4