Manulife Financial: Hefty Yield, Wide Margin of Safety Canada-based Manulife Financial Corporation (MFC) is an international financial services giant that helps individuals, corporations, and institutions in achieving their financial goals through its wealth, asset management, and insurance businesses. Manulife also offers annuity products and services. The company operates through its Manulife brand across its offices in Canada, Asia, and Europe, and through its John Hancock brand in the United States. Manulife has roughly 120,000 agents and a multi-channel distribution network that supports over 30 million clients. Shares trade on both the TSX (Toronto Stock Exchange) and NYSE. The stock has hovered between $10 and $20 for over a decade on the American exchange.