Canadian Large Cap Equity Code 7661 / EQTY Volatility meter Low High MIM Canadian Equity Fund

 Fund (13)  Benchmark (16) Based on 3 year standard deviation

How the fund is invested Objective The Manulife Asset Management Canadian Equity Fund is managed to provide long term capital growth by investing primarily in equities of issuers located in and listed on a recognized exchange. Composition Managed by Manulife Investment Management Ltd „„Canadian Equity 99.43% „„Canadian Fixed Income 0.41% Fund managers Standard Life Investments Inc. „„Cash & Equivalents 0.16% Underlying fund Segregated Fund Inception date - July 1966 Total assets - $350.1 million Operating expense (2018) in IMF 0.03% Equity Industry „„Financials 28.99% „„Industrials 15.55% „„Materials 14.05% „„Information Technology 11.64% „„Energy 8.18% „„Communication Services 8.14% „„Consumer Staples 7.14% „„Other 6.31% Overall past performance This graph shows how a $10,000 investment in this fund would have changed in value over time, Geographic split based on gross returns. Gross rates of return are shown before investment management fees „„Canada 99.85% have been deducted. „„United States 0.15%

Manulife MIM Canadian Equity Fund - ($16,265) S&P/TSX Composite TR - ($15,335)

Top holdings (As at June 30, 2020) 15,000 -Dominion Bank 9.26% Canadian National Railway Co 6.74% 10,000 CGI Inc 5.36% Inc 4.85% Brookfield Asset Management Inc 4.30% 5,000 Inc 4.17% Intact Financial Corp 4.14% 0 Ltd 3.92% Franco-Nevada Corp 3.82% Annual returns 2011 2012 2013 2014 2015 2016 2017 2018 2019 YTD CCL Industries Inc 3.60% (%) Fund -9.52 4.87 17.53 10.80 -3.24 15.81 10.90 -6.83 25.70 -9.56 Benchmark -8.71 7.19 12.99 10.55 -8.32 21.08 9.10 -8.89 22.88 -7.47

Annualized compound returns (As at June 30, 2020) This table shows the historical annual compound total return of the fund compared with the benchmark, as outlined in the investment objective below. 3 mo (%) 1 year (%) 2 year (%) 3 year (%) 5 year (%) 10 year (%) Fund 8.63 -4.10 1.37 4.84 4.70 7.02 Benchmark 16.97 -2.17 0.80 3.91 4.45 6.34

Investment objective Over the long term, the Fund is expected to outperform the S&P/TSX Total Return Index.

Primary investment process Fundamental, Bottom-up

Note: All rates of return are shown before investment management fees or taxes have been deducted. The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect the future values or returns in the Fund. Operating expenses are the costs of operating and maintaining a fund, and include items such as legal, audit, trustee, custodial, and fund valuation fees. Operating expenses are incurred by the Segregated Fund and by the Underlying Fund (if applicable). Manulife’s segregated fund operating expenses are included in the Investment Management Fees. Source: Lipper, a Refinitiv company