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Manulife Mutual Funds receives approval to merge five funds Toronto – Manulife Mutual Funds has received unitholder and regulatory approval to merge the following funds:
To meet regulatory requirements, each merger required the approval of a majority of unitholders in each of the five terminated funds by proxy or in person at a special meeting that was held on Friday, May 7, 2004. In each instance, unitholders voted to support the proposal to consolidate the funds into the continuing funds that share similar investment mandates. The mergers will be completed on or about Friday, May 21, 2004. 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. Pro forma funds under management by Manulife Financial and its subsidiaries were Cdn$355.9 billion (US$271.6 billion) as at March 31, 2004. 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. -30 - For media inquiries or to arrange an interview, please contact:
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