24 Oct 2025
Manulife MPF Healthcare Fund (available through the Manulife Global Select (MPF) Scheme)
Highlights
- Available through the Manulife Global Select (MPF) Scheme, a Gold rated MPF scheme.
- The only Healthcare fund available to MPF members.
- Offers strong diversification characteristics.
- Features attractive valuations in the Healthcare sector.
- Healthcare is a significant AI beneficiary.
“Buy Low, Sell High”
Recently, Mr MPF’s youngest son asked, “Dad, where should I invest?” The easiest answer would have been “Gold” or “the Magnificent 7,” but paternal instincts kicked in. Both are at all-time highs and, according to Bank of America’s October Global Fund Manager Survey, they’re currently the market’s “most crowded trades.” Clichés like “misery loves company” and “lemmings to a cliff” filled Mr MPF’s head. His instincts told him there’s a better way to invest than simply jumping on the bandwagon. It takes courage to do something different from the crowd, but one lesson he’s learned in working life is that you rarely go wrong when you “buy low and sell high.”
Global Healthcare – A Generational Investment Opportunity?
Historically, the healthcare sector has been known for its growth opportunities, diversification characteristics, and by its very nature, an incubator for innovation. These benefits have richly rewarded investors. However, in recent times, the sector has been a laggard due to uncertainty surrounding US healthcare policy and tariffs. Meanwhile, strong momentum in sectors such as technology and gold has compounded healthcare’s underperformance. The positive news for investors today is that investing in healthcare stocks may be a generational investment opportunity, with valuations at historic lows relative to historical trends and future growth prospects. To put this in context, healthcare represents just 9% of the S&P 500 today—its lowest share in over 15 years! Logically, two scenarios could unfold: either the rest of the market corrects (and you don’t want to be in a crowded trade in that situation), or Healthcare rebounds (aligning with the “buy low, sell high” principle).
AI Adoption in Healthcare is Accelerating
Okay, we understand: technology isn’t disappearing, and you can’t afford not to invest in it. Indeed, healthcare is also significantly benefiting from AI adoption. Healthcare companies have been deploying artificial intelligence and big data in various functional areas over the last 10 years, and AI is also an emerging tool in clinical and radiographic diagnostics. (Disclaimer: Mr MPF has a son working on this right now.) So, for those worried about missing out on the benefits of investing in technology, fear not: Healthcare is an important industry actively deploying the very technologies we’re discussing.
How Can MPF Members Invest in Global Healthcare? – The Manulife MPF Healthcare Fund
The Manulife Global Select (MPF) Scheme belong to a Gold rated MPF scheme, meaning MPF Ratings has awarded it the highest levels of “value for money” for its members. Part of Manulife’s value proposition is that its scheme is the only one that offers a healthcare fund to MPF members.
The Manulife MPF Healthcare Fund is an actively managed fund that seeks to provide medium to long-term capital growth by investing in companies involved in healthcare and related industries globally. Healthcare is not going to disappear anytime soon. Mr MPF is a believer in the fund and the investment benefits of healthcare, actively investing his annual TVC contributions in it. If his conviction isn’t enough, consider reading about the fund’s benefits directly from the fund manager; it’s a compelling read, especially as now appears to be an ideal time to invest in healthcare if you believe in “buying low” and “selling high.”
The information contained in this blog is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.
