Manulife Investments launches Simplicity (April 28, 2005)
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FOR IMMEDIATE RELEASE
April 28, 2005


Manulife Investments launches SimplicityTM
A comprehensive solution for offering best-in-class diversified portfolios

Waterloo – Manulife Investments is launching Simplicity, a sophisticated asset allocation wrap program available in either a mutual fund or segregated fund option.

“Simplicity combines the three most critical and broadly accepted aspects of wealth management,” said Roy Firth, Executive Vice President, Manulife Financial. “Canadian investors, regardless of their risk profile, will benefit from comprehensive diversification, access to best-in-class sub-advisors and a highly disciplined selection and monitoring process.”

Simplicity portfolios are strategic asset allocation programs based on an individual’s financial goals. They are available in both segregated and mutual fund versions, allowing advisors comprehensive wealth management solutions for their clients.

“Our clients have told us they want products that offer access to a wide variety of funds and managers. They also want features such as enhanced reporting and flexibility to choose from a range of product and tax types,” added Firth. Those who invest at least $25,000 will receive personalized, quarterly reports complete with commentary from fund managers.

Simplicity portfolios include a wide range of funds managed by some of the top fund managers in the business, including AllianceBernstein, Goldman Sachs Asset Management, Howson Tattersall Investment Counsel Limited, McLean Budden, MFC Global Investment Management, TAL Global Asset Management and Templeton Investment Management.

All selected sub-advisors have undergone extensive reviews through Manulife Financial’s Investment Watch (i-Watch) process. i-Watch is Manulife’s proprietary process to ensure funds adhere to their investment mandates over time, through comprehensive selection, monitoring and review.

Portfolios:
Segregated Fund Portfolios have been renamed:
  • Manulife Simplicity Conservative Portfolio GIF or GIF encore (formerly Manulife Conservative Asset Allocation Guaranteed Investment Fund)
  • Manulife Simplicity Moderate Portfolio GIF or GIF encore (formerly Manulife Moderate Asset Allocation Guaranteed Investment Fund)
  • Manulife Simplicity Balanced Portfolio GIF or GIF encore (formerly Manulife Balanced Asset Allocation Guaranteed Investment Fund)
  • Manulife Simplicity Growth Portfolio GIF or GIF encore (formerly Manulife Growth Asset Allocation Guaranteed Investment Fund)
  • Manulife Simplicity Aggressive Portfolio GIF or GIF encore (formerly Manulife Aggressive Asset Allocation Guaranteed Investment Fund)
Manulife Mutual Funds has launched three new portfolios and renamed two others:
  • Manulife Simplicity Conservative Portfolio (New)
  • Manulife Simplicity Moderate Portfolio (New)
  • Manulife Simplicity Balanced Portfolio (formerly E&P Manulife Balanced Asset Allocation Portfolio)
  • Manulife Simplicity Growth Portfolio (formerly E&P Manulife Maximum Growth Asset Allocation Portfolio)
  • Manulife Simplicity Aggressive Portfolio (New)
E&P Manulife Maximum Growth Portfolio and E & P Balanced Asset Allocation Portfolio will be rebalanced at the end of April and relaunched under the Simplicity brand with new target asset weightings.

About Simplicity
Simplicity is a trademark of The Manufacturers Life Insurance Company identifying the Manulife Simplicity Portfolios offered by Manulife Mutual Funds (a division of Elliott & Page Limited) and the Manulife Simplicity Portfolios GIF and GIF encore offered by The Manufacturers Life Insurance Company.

About Manulife Investments
Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada. As one of Canada's leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated funds, mutual funds, annuities and guaranteed investment contracts.

About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group serving millions of customers in 19 countries and territories worldwide. Operating as Manulife Financial in Canada and Asia, and primarily through John Hancock in the United States, the Company offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. Funds under management by Manulife Financial and its subsidiaries were Cdn$350.3 billion as at March 31, 2005.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

For more information about Manulife Mutual Funds, visit www.manulife.ca.

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Media contact:

Tom Nunn
Manulife Financial
(519) 594-8578
tom_nunn@manulife.com




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