MANULIFE Investment Management and Trust Corp. on Monday said it was cutting its minimum investment requirement to P1,000 from P5,000 to make investing more attainable for Filipinos.

“Manulife’s Asia Pacific REIT (real estate investment trust) Fund of Funds, which invests in a diversified portfolio of exchange-listed REITs in the Asia Pacific region, will continue to have semi-annual payouts but will have a lowered minimum investment amount of P1,000 starting March 2023,” the company said in a statement.

Investors can have monthly income payments credited to their bank accounts or added to their investments. Payouts less than P100 or $20 will be automatically reinvested into investors’ respective funds.

Manulife also said that from Aug. 1, 2023, several funds would transition from semi-annual to monthly income distributions, allowing investors to enjoy more regular growth in their investments.

This includes the Manulife Asia Dynamic Bond Feeder Fund, Manulife Global Multi-Asset Diversified Income Feeder Fund, and the Manulife Global REIT Feeder Fund.

Manulife said it is among the country’s largest fund managers with over P162.6 billion in assets under management, a net income of P84.3 million, and a client base of more than 13,000 investors as of last year.