About Manulife Hong Kong
Manulife Hong Kong, comprising Manulife (International) Limited, Manulife Asset Management (Hong Kong) Limited and Manulife Provident Funds Trust Company Limited, offers a diverse range of protection and wealth products and services to individual and corporate customers in Hong Kong and Macau. These entities are members of the Manulife group of companies.
Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2018, we had more than 34,000 employees, over 82,000 agents, and thousands of distribution partners, serving almost 28 million customers. As of December 31, 2018, we had over C$1.1 trillion (HK$6.2 trillion) in assets under management and administration, and in the previous 12 months we made C$29.0 billion in payments to our customers. Our principal operations in Asia, Canada and the United States are where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.
 Certified Plans provide partial coverage for the 2nd and 3rd policy year and full coverage from the 4th policy year onwards.
 This benefit is for Flexi Plan customers who have added supplementary medical benefit, and on the condition that the preliminary assessment is approved by Manulife.
 Manulife remained the largest MPF scheme sponsor with a market share of 23.0% based on assets under management as at December 31, 2018 and 35.6% in terms of estimated net cash flows for the period from October 1 to December 31, 2018. Source: “Mercer MPF Market Shares Report” as at December 31, 2018 by Mercer (Hong Kong) Limited.
 These features are subject to the governing rules of the MPF scheme. Please refer to the offering document of the MPF scheme for details.
 Subject to terms and conditions
Jacqueline Kam / Steve Lee
Manulife (International) Limited
Tel: (852) 2202 1284 / 2510 5817
i. Manulife Hong Kong includes all our Hong Kong businesses including insurance, insurance-based wealth accumulation products, and our wealth and asset management businesses.
ii. All percentage changes are stated on a year-over-year basis, except for MPF market share.
iii. Core earnings for Manulife Hong Kong include insurance and insurance-based wealth accumulation products, and exclude our wealth and asset management businesses. Core earnings is a non-GAAP profitability measure. For full definition of core earnings, see “Performance and Non-GAAP Measures” in Manulife’s 2018 Management’s Discussion and Analysis.
iv. Annualized premium equivalent (“APE”) sales are presented to provide consistency of scope for NBV disclosures and industry practice. APE sales consist of insurance and insurance-based wealth accumulation products, and exclude our wealth and asset management businesses. They comprise 100% of regular premiums/deposits sales and 10% of single premiums/deposits sales.
v. New business value (“NBV”) is the change in embedded value as a result of sales in the reporting period. NBV is calculated as the present value of shareholders’ interests in expected future distributable earnings, after the cost of capital, on actual new business sold in the period using assumptions that are consistent with the assumptions used in the calculation of embedded value. NBV excludes businesses with immaterial insurance risks, such as Hong Kong’s wealth and asset management businesses. NBV is a useful metric to evaluate the value created by Manulife Hong Kong’s new business franchise.
vi. Wealth and asset management gross flows is a new business measure comprised of all deposits into mutual funds and pension products. Gross flows is a common industry metric for WAM businesses as it provides a measure of how successful the businesses are at attracting assets.
vii. MPF market shares are measured by scheme sponsor share of asset under management and net cash flows. Source: Table on p. 5 of Mercer MPF Market Shares Report as at December 31, 2018