Manulife Asset Management Pooled Funds Semi-Annual Report

June 30, 2018

ManulifeAM.com MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT Table of Contents

Management’s Responsibility for Financial Reporting 2 Manulife Asset Management Global Diversified Balanced Pooled Fund 149 MONEY MARKET FUND EQUITY FUNDS Manulife Asset Management Money Market Pooled Fund 3 Manulife Asset Management Canadian Large Cap Growth Pooled Fund 152 INCOME FUNDS Manulife Asset Management Canadian Equity Index Manulife Asset Management Canadian Bond Index Pooled Fund 155 Pooled Fund 7 Manulife Asset Management Canadian Core Equity Manulife Asset Management Canadian Core Fixed Pooled Fund 161 Income Pooled Fund 29 Manulife Asset Management Capped Canadian Equity Manulife Asset Management Canadian Long Duration Pooled Fund 164 Fixed Income Pooled Fund 40 Manulife Asset Management Canadian Value Equity Manulife Asset Management Canadian Core Plus Fixed Pooled Fund 167 Income Pooled Fund 48 Manulife Asset Management Canadian All Cap Manulife Asset Management Canadian Corporate Focused Equity Pooled Fund 170 Fixed Income Pooled Fund 60 Manulife Asset Management US Large Cap Core Manulife Asset Management Canadian Short Duration Pooled Fund 173 Fixed Income Pooled Fund 66 Manulife Asset Management US Equity Index Pooled Manulife Asset Management Short-Term Bond Pooled Fund 177 Fund 71 Manulife Asset Management US Equity Index Pooled Manulife Asset Management Short-Term Liability Fund (Non-Taxable) 186 Government Bond Pooled Fund 75 Manulife Asset Management Focused US Large Cap Manulife Asset Management Short-Term Liability Growth Pooled Fund 195 Corporate Bond Pooled Fund 80 Manulife Asset Management US Small Cap Value Manulife Asset Management Mid-Term Liability Pooled Fund 198 Government Bond Pooled Fund 85 Manulife Asset Management Emerging Markets Equity Manulife Asset Management Mid-Term Liability Pooled Fund 201 Corporate Bond Pooled Fund 90 Manulife Asset Management Global Focus Pooled Manulife Asset Management Long-Term Liability Fund 205 Government Bond Pooled Fund 97 Manulife Asset Management Global Equity II Pooled Manulife Asset Management Leveraged Liability Fund 208 Government Bond Pooled Fund 101 Manulife Asset Management Global Equity Index Manulife Asset Management Ultra Long Duration Pooled Fund 212 Fixed Income Pooled Fund 104 Manulife Asset Management Global Natural Resources Manulife Asset Management Strategic Income Pooled Pooled Fund 214 Fund 109 Manulife Asset Management Global Energy Pooled Manulife Asset Management Strategic Income (ex Fund 218 Tobacco and Marijuana) Pooled Fund 125 Manulife Asset Management Global Precious Metals Manulife Asset Management Emerging Markets Pooled Fund 221 Corporate Debt Pooled Fund 138 Manulife Asset Management Global Small Cap Equity Manulife Asset Management Emerging Markets Local Pooled Fund 224 Currency Debt Pooled Fund 145 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

Manulife Asset Management International Equity GLOBAL ALLOCATION FUNDS Pooled Fund 228 Manulife Asset Management Global Opportunistic Manulife Asset Management International Equity II Allocation Pooled Fund 267 Pooled Fund 233 ABSOLUTE RETURN FUNDS Manulife Asset Management International Equity Index Pooled Fund 238 Manulife Asset Management Global Absolute Return Strategies Pooled Fund 269 Manulife Asset Management International Small Cap Pooled Fund 251 Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund 271 TARGET DE-RISKING FUNDS Manulife Asset Management Multi Asset Absolute Manulife Asset Management Target De-Risking 80 Return Solution 274 Pooled Fund 255 LIMITED PARTNERSHIPS Manulife Asset Management Target De-Risking 90 Pooled Fund 257 Manulife Asset Management S&P / TSX 60 Pooled Fund II 279 Manulife Asset Management Target De-Risking 100 Pooled Fund 259 Manulife Real Asset Fund 283

Manulife Asset Management Target De-Risking 105 PRIVATE FUND Young Pooled Fund 261 Fonds Manuvie - HEC 287 Manulife Asset Management Target De-Risking 105 MCRA Holdings Inc. 290 Average Pooled Fund 263 Notes to Financial Statements 292 Manulife Asset Management Target De-Risking 105 Mature Pooled Fund 265 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

1 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT Management’s Responsibility for Financial Reporting

The accompanying financial statements have been prepared by Manulife Investments, a division of Manulife Asset Management Limited (the “Manager”) and approved by the Board of Directors of the Manager, as its capacity as trustee of the Funds. The Manager of the Funds is responsible for the information and represen- tations contained in these financial statements.

The Manager has maintained appropriate processes to ensure that relevant and reliable financial information is produced. The financial statements have been prepared in accordance with International Financial Reporting Standards (IFRS) and include certain amounts based on estimates and judgments. The significant accounting policies which management believes are appropriate for the Funds are described in Note 2 to the financial statements.

The Board of Directors of the Manager is responsible for reviewing and approving the financial statements, the adequacy of internal controls, the audit process and financial reporting with management.

Lisa Hutfloetz Chief Financial Officer Manulife Asset Management Limited August 20, 2018

Notice to Unitholders These financial statements have not been reviewed by an independent auditor.

2 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED FUND FUND

STATEMENTS OF FINANCIAL POSITION STATEMENTS OF COMPREHENSIVE INCOME As at June 30, December 31, 2018 2017 For the periods ended June 30 2018 2017 (In thousands except for per unit amounts) (Unaudited) $ $ (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $

Assets Income Current assets Interest for distribution purposes 95 94 Investments, at fair value 12,957 13,992 Realized gain (loss) on sales of investments (4) (11) Cash 9 4 Realized gain (loss) on derivatives - (1) Receivable from Manager - 10 Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 9 9 in the value of investments 1 (8) 12,975 14,015 92 74 Liabilities Expenses Audit fees 2 2 Current liabilities Transfer agent fees 1 2 Accrued expenses and other liabilities 7 9 Filing fees 1 - 79Unitholder reporting costs 2 1 Custodial fees 3 8 Net assets attributable to unitholders 12,968 14,006 913 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager (3) (6) 7.87 7.87 Net operating expenses 6 7 Increase (decrease) in net assets attributable to unitholders 86 67 Increase (decrease) in net assets attributable to unitholders per unit 0.06 0.03

Signed on behalf of the Fund Manager for Manulife Asset Management Money Market Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

3 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED FUND FUND

Net assets attributable to unitholders - end of period 12,968 14,099 Cash flows from financing activities Proceeds from sale of units 3,427 11,825 Changes due to unitholder transactions(Note 4) Payments for units redeemed (4,551) (13,344) Units outstanding beginning of period 1,779 1,973 Units issued 435 1,485 Net cash provided by (used in) financing Units issued for reinvestment of distributions 11 10 activities (1,124) (1,519) Units redeemed (578) (1,680) Net increase (decrease) in cash 533 Units outstanding end of period 1,647 1,788 Cash (bank overdraft) beginning of period 4 8 Cash (bank overdraft) end of period 941 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 95 87

The accompanying notes are an integral part of the financial statements.

4 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE SHORT-TERM INVESTMENTS 79.3% CONTRACTS NAME ($) (’000) ($) (’000) Commercial Paper 39.8% Floating Rate Notes 7.7% 230,000 Honda Canada Finance, Inc., 330,000 Canadian Imperial Bank of Commerce, 0.24%, Jul 06, 2018 230 230 1.70%, Oct 09, 2018 332 330 350,000 Honda Canada Finance, Inc., 350,000 Royal Bank of Canada, 0.31%, Jul 12, 2018 350 350 1.59%, Aug 01, 2018 350 350 170,000 Honda Canada Finance, Inc., 120,000 Royal Bank of Canada, 0.19%, Jul 13, 2018 170 170 1.74%, Apr 09, 2019 120 120 210,000 Honda Canada Finance, Inc., 200,000 The Bank of Nova Scotia, 0.31%, Jul 23, 2018 210 210 1.74%, Mar 22, 2019 200 200 1,150,000 Merit Trust, 0.54%, Jul 11, 2018 1,149 1,149 1,002 1,000 100,000 National Bank of Canada, Provincial Bonds 1.0% 0.16%, Jul 17, 2018 100 100 130,000 Province of Alberta, 350,000 Nestlé Capital Canada Ltd., 0.13%, Jul 10, 2018 130 130 0.24%, Jul 11, 2018 350 350 10,288 10,286 600,000 OMERS Finance Trust, 0.21%, Jul 09, 2018 600 600 BONDS 20.6% 400,000 OMERS Finance Trust, Canada 20.6% 0.43%, Jul 10, 2018 400 400 Corporate Bonds 20.6% 140,000 OMERS Finance Trust, 590,000 Canadian Imperial Bank of Commerce, 1.07%, Jul 23, 2018 140 140 1.77%, May 08, 2019 590 591 570,000 Plaza Trust, 200,000 Canadian Imperial Bank of Commerce, 0.68%, Jul 24, 2018 569 569 1.77%, Jun 07, 2019 200 200 630,000 Prime Trust, 320,000 National Bank of Canada, 0.53%, Jul 11, 2018 630 630 2.79%, Aug 09, 2018 321 320 150,000 Storm King Funding, 420,000 National Bank of Canada, 0.00%, Sep 19, 2018 150 150 1.76%, Jun 11, 2019 420 420 120,000 SURE Trust, 130,000 Royal Bank of Canada, 0.28%, Jul 12, 2018 120 120 2.82%, Jul 12, 2018 131 130 110,000 Royal Bank of Canada, 5,168 5,168 1.76%, Jun 19, 2019 110 110 Banker’s Acceptances 16.9% 900,000 The Bank of Nova Scotia, 260,000 Bank of Montreal, 1.76%, Jun 14, 2019 900 900 0.33%, Jul 11, 2018 260 260 2,672 2,671 690,000 Province of Saskatchewan, 0.40%, Jul 11, 2018 689 689 Investments 12,960 12,957 250,000 Royal Bank of Canada, Transaction costs - 1.17%, Jul 11, 2018 250 250 Total investments 12,960 12,957 300,000 Royal Bank of Canada, 1.25%, Jul 19, 2018 300 300 Other assets less liabilities 0.1% 11 300,000 The Toronto-Dominion Bank, Net assets attributable to unitholders 0.15%, Jul 04, 2018 300 300 100.0% 12,968 390,000 The Toronto-Dominion Bank, 0.17%, Jul 06, 2018 390 390 2,189 2,189 Treasury Bills 13.9% 1,500,000 Canadian Treasury Bill, 0.09%, Jul 12, 2018 1,499 1,499 300,000 Canadian Treasury Bill, 0.20%, Jul 26, 2018 300 300 1,799 1,799

The accompanying notes are an integral part of the financial statements.

5 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED MANULIFE ASSET MANAGEMENT MONEY MARKET POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Short-Term Investments Commercial Paper 39.8 36.1 Banker’s Acceptances 16.9 10.6 Treasury Bills 13.9 15.2 Floating Rate Notes 7.7 - Provincial Bonds 1.0 3.2 Bonds Canada Corporate Bonds 20.6 34.8 Other assets less liabilities 0.1 0.1 100.0 100.0

The accompanying notes are an integral part of the financial statements.

6 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 17,349 18,026 Investments, at fair value 1,132,707 1,127,098 Realized gain (loss) on sales of investments (4,108) (89) Cash 19 1,055 Change in unrealized appreciation (depreciation) Subscriptions receivable 176 645 in the value of investments (6,611) 10,255 Receivable from investments sold 4,855 - 6,630 28,192 Interest, dividends and other receivables 6,295 6,234 Expenses 1,144,052 1,135,032 Audit fees 2 5 Liabilities Transfer agent fees 5 7 Unitholder reporting costs 28 3 Current liabilities Custodial fees 31 80 Redemptions payable 1,414 208 Payable on investments purchased 5,880 1,499 66 95 Accrued expenses and other liabilities 27 56 Less operating expenses absorbed by manager - (7) Distribution payable to unitholders - 1,419 Net operating expenses 66 88 7,321 3,182 Increase (decrease) in net assets Net assets attributable to unitholders 1,136,731 1,131,850 attributable to unitholders 6,564 28,104 Net assets attributable to unitholders per unit Increase (decrease) in net assets attributable to unitholders per unit 0.07 0.27 10.79 10.89

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 1,131,850 1,198,448 Increase (decrease) in net assets attributable to unitholders 6,564 28,104 Distribution to unitholders from: Net investment income (17,019) (17,767)

Total distributions to unitholders (17,019) (17,767)

Security Transactions Proceeds from units issued 51,051 62,378 Reinvestments of distributions to unitholders 14,418 14,991 Redemption of units (50,133) (161,731)

Total security transactions 15,336 (84,362)

Net assets attributable to unitholders - end of period 1,136,731 1,124,423

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 103,953 109,407 Units issued 4,724 5,659 Units issued for reinvestment of distributions 1,333 1,355 Units redeemed (4,652) (14,589)

Units outstanding end of period 105,358 101,832

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Bond Bernard Letendre Warren Thomson Index Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

7 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.6% unitholders 6,564 28,104 Canada 99.1% Adjustments for: Provincial Bonds 33.7% Realized gain (loss) on sales of investments 4,108 89 1,193,000 Financement-Québec, Change in unrealized appreciation (depreciation) 2.45%, Dec 01, 2019 1,188 1,200 in the value of investments 6,611 (10,255) 1,587,000 Financement-Québec, Purchases of investments (297,572) (388,491) 5.25%, Jun 01, 2034 1,870 2,027 Proceeds from disposition of investments 280,770 470,089 250,000 First Nations Finance Authority, Receivable from Manager - (5) 3.40%, Jun 26, 2024 264 258 Interest, dividends and other receivables (61) 968 1,366,000 Hydro-Québec, Accrued expenses and other liabilities (29) 2 6.50%, Feb 15, 2035 1,945 1,999 Net cash provided by (used in) operating 1,240,000 Hydro-Québec, activities 391 100,501 5.00%, Feb 15, 2045 1,332 1,698 Cash flows from financing activities 2,100,000 Labrador-Island Link Funding Trust, Distributions paid to unitholders, net of 3.85%, Dec 01, 2053 2,148 2,540 reinvested distributions (4,020) (4,211) 1,500,000 Maritime Link Financing Trust, Proceeds from sale of units 51,520 63,813 3.50%, Dec 01, 2052 1,495 1,596 Payments for units redeemed (48,927) (159,972) 286,000 Municipal Finance Authority of British Columbia, Net cash provided by (used in) financing 4.45%, Jun 01, 2020 311 298 activities (1,427) (100,370) 125,000 Municipal Finance Authority of British Net increase (decrease) in cash (1,036) 131 Columbia, Cash (bank overdraft) beginning of period 1,055 56 3.35%, Jun 01, 2022 124 129 Cash (bank overdraft) end of period 19 187 1,150,000 Municipal Finance Authority of British Columbia, Supplemental information on cash flows from operating activities: 3.75%, Sep 26, 2023 1,197 1,214 Interest received, net of foreign withholding 953,000 Municipal Finance Authority of British taxes 17,288 18,994 Columbia, 4.95%, Dec 01, 2027 1,082 1,112 420,000 Municipal Finance Authority of British Columbia, 3.05%, Oct 23, 2028 420 423 30,000 Newfoundland & Labrador Hydro, 6.65%, Aug 27, 2031 32 41 250,000 Newfoundland & Labrador Hydro, 3.60%, Dec 01, 2045 237 266 569,000 Ontario Electricity Financial Corp., 8.90%, Aug 18, 2022 808 710 54,949 Ontario School Boards Financing Corp., 5.38%, Jun 25, 2032 59 62 1,506,000 Province of Alberta, 4.00%, Dec 01, 2019 1,630 1,548 1,970,000 Province of Alberta, 1.25%, Jun 01, 2020 1,956 1,938 1,428,000 Province of Alberta, 1.35%, Sep 01, 2021 1,406 1,387 560,000 Province of Alberta, 1.60%, Sep 01, 2022 559 542 385,000 Province of Alberta, 2.55%, Dec 15, 2022 382 387 20,000 Province of Alberta, 3.10%, Jun 01, 2024 21 21 2,418,000 Province of Alberta, 2.35%, Jun 01, 2025 2,407 2,371

The accompanying notes are an integral part of the financial statements.

8 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,745,000 Province of Alberta, 2,260,000 Province of British Columbia, 2.20%, Jun 01, 2026 2,745 2,642 4.30%, Jun 18, 2042 2,544 2,803 2,190,000 Province of Alberta, 3,007,000 Province of British Columbia, 2.55%, Jun 01, 2027 2,156 2,149 3.20%, Jun 18, 2044 2,891 3,171 660,000 Province of Alberta, 3,852,000 Province of British Columbia, 2.90%, Dec 01, 2028 658 663 2.80%, Jun 18, 2048 3,727 3,790 1,057,000 Province of Alberta, 1,257,000 Province of Manitoba, 2.90%, Sep 20, 2029 964 1,058 4.15%, Jun 03, 2020 1,349 1,305 1,150,000 Province of Alberta, 400,000 Province of Manitoba, 3.50%, Jun 01, 2031 1,164 1,222 1.60%, Sep 05, 2020 399 395 1,150,000 Province of Alberta, 720,000 Province of Manitoba, 3.90%, Dec 01, 2033 1,323 1,284 1.55%, Sep 05, 2021 718 703 300,000 Province of Alberta, 548,000 Province of Manitoba, 4.50%, Dec 01, 2040 334 373 3.85%, Dec 01, 2021 602 575 1,533,000 Province of Alberta, 1,158,000 Province of Manitoba, 3.45%, Dec 01, 2043 1,451 1,656 2.55%, Jun 02, 2023 1,163 1,159 3,810,000 Province of Alberta, 300,000 Province of Manitoba, 3.30%, Dec 01, 2046 3,892 4,029 3.30%, Jun 02, 2024 314 311 4,390,000 Province of Alberta, 2,600,000 Province of Manitoba, 3.05%, Dec 01, 2048 4,296 4,451 2.45%, Jun 02, 2025 2,559 2,558 1,101,000 Province of British Columbia, 700,000 Province of Manitoba, 4.10%, Dec 18, 2019 1,231 1,135 4.40%, Sep 05, 2025 768 775 2,297,000 Province of British Columbia, 537,000 Province of Manitoba, 3.70%, Dec 18, 2020 2,481 2,382 7.75%, Dec 22, 2025 806 714 76,000 Province of British Columbia, 1,290,000 Province of Manitoba, 9.95%, May 15, 2021 112 92 2.55%, Jun 02, 2026 1,312 1,268 237,000 Province of British Columbia, 885,000 Province of Manitoba, 4.80%, Jun 15, 2021 251 254 2.60%, Jun 02, 2027 870 867 778,000 Province of British Columbia, 110,000 Province of Manitoba, 3.25%, Dec 18, 2021 823 802 3.25%, Sep 05, 2029 117 113 1,945,000 Province of British Columbia, 707,000 Province of Manitoba, 2.70%, Dec 18, 2022 2,010 1,970 6.30%, Mar 05, 2031 972 950 630,000 Province of British Columbia, 723,000 Province of Manitoba, 8.00%, Sep 08, 2023 905 796 5.70%, Mar 05, 2037 899 990 1,060,000 Province of British Columbia, 815,000 Province of Manitoba, 3.30%, Dec 18, 2023 1,092 1,104 4.60%, Mar 05, 2038 885 996 581,000 Province of British Columbia, 450,000 Province of Manitoba, 2.85%, Jun 18, 2025 599 591 4.65%, Mar 05, 2040 578 560 1,780,000 Province of British Columbia, 768,000 Province of Manitoba, 2.30%, Jun 18, 2026 1,752 1,737 4.10%, Mar 05, 2041 799 892 740,000 Province of British Columbia, 1,429,000 Province of Manitoba, 2.55%, Jun 18, 2027 734 731 4.05%, Sep 05, 2045 1,524 1,677 370,000 Province of British Columbia, 1,689,000 Province of Manitoba, 2.95%, Dec 18, 2028 370 376 2.85%, Sep 05, 2046 1,570 1,610 2,185,000 Province of British Columbia, 1,160,000 Province of Manitoba, 5.70%, Jun 18, 2029 2,771 2,783 3.40%, Sep 05, 2048 1,178 1,231 1,363,000 Province of British Columbia, 740,000 Province of Manitoba, Class B 6.35%, Jun 18, 2031 1,899 1,883 3.00%, Jun 02, 2028 735 746 163,000 Province of British Columbia, 1,245,000 Province of New Brunswick, 5.40%, Jun 18, 2035 214 218 4.50%, Jun 02, 2020 1,381 1,300 791,000 Province of British Columbia, 1,855,000 Province of New Brunswick, 4.70%, Jun 18, 2037 947 999 3.35%, Dec 03, 2021 1,988 1,913 1,110,000 Province of British Columbia, 705,000 Province of New Brunswick, 4.95%, Jun 18, 2040 1,301 1,479 2.85%, Jun 02, 2023 688 714

The accompanying notes are an integral part of the financial statements.

9 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 425,000 Province of New Brunswick, 590,000 Province of Nova Scotia, 3.65%, Jun 03, 2024 437 447 2.10%, Jun 01, 2027 576 557 500,000 Province of New Brunswick, 189,000 Province of Nova Scotia, 2.60%, Aug 14, 2026 500 491 6.60%, Jun 01, 2027 239 245 280,000 Province of New Brunswick, 125,000 Province of Nova Scotia, 2.35%, Aug 14, 2027 271 267 6.60%, Dec 01, 2031 187 175 220,000 Province of New Brunswick, 410,000 Province of Nova Scotia, 3.10%, Aug 14, 2028 219 223 5.80%, Jun 01, 2033 491 547 213,000 Province of New Brunswick, 326,000 Province of Nova Scotia, 5.65%, Dec 27, 2028 247 263 4.90%, Jun 01, 2035 365 407 775,000 Province of New Brunswick, 662,000 Province of Nova Scotia, 5.50%, Jan 27, 2034 951 1,001 4.50%, Jun 01, 2037 702 801 634,000 Province of New Brunswick, 483,000 Province of Nova Scotia, 4.65%, Sep 26, 2035 666 760 4.70%, Jun 01, 2041 562 613 145,000 Province of New Brunswick, 450,000 Province of Nova Scotia, 4.55%, Mar 26, 2037 158 173 4.40%, Jun 01, 2042 545 552 860,000 Province of New Brunswick, 148,000 Province of Nova Scotia, 4.80%, Sep 26, 2039 1,006 1,074 3.45%, Jun 01, 2045 151 159 327,000 Province of New Brunswick, 1,120,000 Province of Nova Scotia, 4.80%, Jun 03, 2041 358 412 3.50%, Jun 02, 2062 1,061 1,240 1,063,000 Province of New Brunswick, 5,420,000 Province of Ontario, 3.55%, Jun 03, 2043 977 1,129 2.10%, Sep 08, 2019 5,527 5,431 395,000 Province of New Brunswick, 9,701,000 Province of Ontario, 3.80%, Aug 14, 2045 427 439 4.20%, Jun 02, 2020 10,386 10,076 895,000 Province of New Brunswick, 7,416,000 Province of Ontario, 3.10%, Aug 14, 2048 874 883 4.00%, Jun 02, 2021 8,127 7,772 89,000 Province of Newfoundland and Labrador, 3,780,000 Province of Ontario, 10.95%, Apr 15, 2021 136 109 1.35%, Mar 08, 2022 3,710 3,644 600,000 Province of Newfoundland and Labrador, 8,168,000 Province of Ontario, 1.95%, Jun 02, 2022 598 588 3.15%, Jun 02, 2022 8,600 8,389 1,815,000 Province of Newfoundland and Labrador, 1,082,000 Province of Ontario, 2.30%, Jun 02, 2025 1,769 1,762 9.50%, Jul 13, 2022 1,650 1,371 110,000 Province of Newfoundland and Labrador, 11,055,000 Province of Ontario, 8.45%, Feb 05, 2026 152 151 2.85%, Jun 02, 2023 11,398 11,220 715,000 Province of Newfoundland and Labrador, 4,145,000 Province of Ontario, 6.15%, Apr 17, 2028 901 903 2.60%, Sep 08, 2023 4,141 4,155 360,000 Province of Newfoundland and Labrador, 724,000 Province of Ontario, 2.85%, Jun 02, 2028 359 356 7.50%, Feb 07, 2024 1,014 905 275,000 Province of Newfoundland and Labrador, 7,132,000 Province of Ontario, 6.55%, Oct 17, 2030 360 371 3.50%, Jun 02, 2024 7,683 7,474 129,000 Province of Newfoundland and Labrador, 500,000 Province of Ontario, 5.60%, Oct 17, 2033 160 167 2.65%, Feb 05, 2025 499 500 340,000 Province of Newfoundland and Labrador, 8,921,000 Province of Ontario, 5.70%, Oct 17, 2035 385 454 2.60%, Jun 02, 2025 9,075 8,873 432,000 Province of Newfoundland and Labrador, 1,582,000 Province of Ontario, 4.65%, Oct 17, 2040 461 532 8.50%, Dec 02, 2025 2,483 2,183 995,000 Province of Newfoundland and Labrador, 4,665,000 Province of Ontario, 3.30%, Oct 17, 2046 950 1,014 2.40%, Jun 02, 2026 4,652 4,549 640,000 Province of Newfoundland and Labrador, 154,000 Province of Ontario, 3.70%, Oct 17, 2048 665 704 8.00%, Dec 02, 2026 226 213 2,161,000 Province of Nova Scotia, 6,850,000 Province of Ontario, 4.10%, Jun 01, 2021 2,367 2,271 2.60%, Jun 02, 2027 6,768 6,735 160,000 Province of Nova Scotia, 2,140,000 Province of Ontario, 4.45%, Oct 24, 2021 161 170 7.60%, Jun 02, 2027 3,126 2,947

The accompanying notes are an integral part of the financial statements.

10 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,320,000 Province of Ontario, 5,372,000 Province of Quebec, 2.90%, Jun 02, 2028 2,308 2,330 3.00%, Sep 01, 2023 5,610 5,495 3,622,000 Province of Ontario, 3,268,000 Province of Quebec, 6.50%, Mar 08, 2029 4,786 4,814 3.75%, Sep 01, 2024 3,680 3,480 2,012,000 Province of Ontario, 1,051,000 Province of Quebec, 6.20%, Jun 02, 2031 2,761 2,717 5.35%, Jun 01, 2025 1,306 1,223 2,244,000 Province of Ontario, 340,000 Provice of Quebec, 5.85%, Mar 08, 2033 2,974 3,011 2.60%, Jul 06, 2025 339 339 3,728,000 Province of Ontario, 3,750,000 Province of Quebec, 5.60%, Jun 02, 2035 5,015 5,017 2.75%, Sep 01, 2025 3,834 3,771 4,731,000 Province of Ontario, 2,822,000 Province of Quebec, 4.70%, Jun 02, 2037 5,778 5,889 8.50%, Apr 01, 2026 4,284 3,942 3,420,000 Province of Ontario, 3,920,000 Province of Quebec, 4.60%, Jun 02, 2039 3,922 4,262 2.50%, Sep 01, 2026 3,969 3,857 5,235,000 Province of Ontario, 4,160,000 Province of Quebec, 4.65%, Jun 02, 2041 6,307 6,643 2.75%, Sep 01, 2027 4,206 4,153 6,840,000 Province of Ontario, 2,220,000 Province of Quebec, 3.50%, Jun 02, 2043 6,916 7,418 2.75%, Sep 01, 2028 2,188 2,208 8,710,000 Province of Ontario, 2,382,000 Province of Quebec, 3.45%, Jun 02, 2045 8,548 9,399 6.00%, Oct 01, 2029 3,101 3,096 9,387,000 Province of Ontario, 2,379,000 Province of Quebec, 2.90%, Dec 02, 2046 9,253 9,178 6.25%, Jun 01, 2032 3,203 3,276 8,560,000 Province of Ontario, 2,135,000 Province of Quebec, 2.80%, Jun 02, 2048 8,131 8,222 5.75%, Dec 01, 2036 2,747 2,976 4,400,000 Province of Ontario, 2,300,000 Province of Quebec, 2.90%, Jun 02, 2049 4,244 4,315 5.00%, Dec 01, 2038 2,804 3,010 148,000 Province of Prince Edward Island, 5,437,000 Province of Quebec, 4.25%, Sep 24, 2019 165 152 5.00%, Dec 01, 2041 6,441 7,277 150,000 Province of Prince Edward Island, 4,718,000 Province of Quebec, 2.35%, Aug 25, 2025 150 145 4.25%, Dec 01, 2043 5,289 5,784 39,000 Province of Prince Edward Island, 6,769,000 Province of Quebec, 6.10%, Jul 29, 2027 48 48 3.50%, Dec 01, 2045 7,095 7,433 356,000 Province of Prince Edward Island, 7,002,000 Province of Quebec, 5.70%, Jun 15, 2035 451 467 3.50%, Dec 01, 2048 7,675 7,759 542,000 Province of Prince Edward Island, 2,000,000 Province of Saskatchewan, 4.65%, Nov 19, 2037 577 644 3.90%, Jul 28, 2020 2,074 2,071 53,000 Province of Prince Edward Island, 230,000 Province of Saskatchewan, 4.60%, May 19, 2041 56 64 9.60%, Feb 04, 2022 341 286 185,000 Province of Prince Edward Island, 645,000 Province of Saskatchewan, 3.65%, Jun 27, 2042 176 195 3.20%, Jun 03, 2024 656 666 2,247,000 Province of Quebec, 690,000 Province of Saskatchewan, 4.50%, Dec 01, 2019 2,474 2,325 2.55%, Jun 02, 2026 699 681 4,405,000 Province of Quebec, 680,000 Province of Saskatchewan, 4.50%, Dec 01, 2020 4,835 4,645 2.65%, Jun 02, 2027 678 672 3,859,000 Province of Quebec, 290,000 Province of Saskatchewan, 4.25%, Dec 01, 2021 4,518 4,102 3.05%, Dec 02, 2028 290 295 520,000 Province of Quebec, 452,000 Province of Saskatchewan, 1.65%, Mar 03, 2022 519 509 5.75%, Mar 05, 2029 542 570 5,586,000 Province of Quebec, 194,000 Province of Saskatchewan, 3.50%, Dec 01, 2022 5,957 5,831 6.40%, Sep 05, 2031 248 267 1,960,000 Province of Quebec, 335,000 Province of Saskatchewan, 9.38%, Jan 16, 2023 2,994 2,531 5.80%, Sep 05, 2033 451 451 500,000 Province of Quebec, 270,000 Province of Saskatchewan, 2.45%, Mar 01, 2023 501 501 5.60%, Sep 05, 2035 366 365

The accompanying notes are an integral part of the financial statements.

11 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 585,000 Province of Saskatchewan, 3,075,000 Canada Housing Trust No. 1, 4.75%, Jun 01, 2040 688 749 2.90%, Jun 15, 2024 3,114 3,153 1,091,000 Province of Saskatchewan, 4,310,000 Canada Housing Trust No. 1, 3.40%, Feb 03, 2042 992 1,164 2.55%, Mar 15, 2025 4,439 4,333 1,153,000 Province of Saskatchewan, 1,074,000 Canada Housing Trust No. 1, 3.90%, Jun 02, 2045 1,367 1,345 1.95%, Dec 15, 2025 1,101 1,034 1,398,000 Province of Saskatchewan, 2,697,000 Canada Housing Trust No. 1, 2.75%, Dec 02, 2046 1,314 1,334 2.25%, Dec 15, 2025 2,725 2,651 1,600,000 Province of Saskatchewan, 4,320,000 Canada Housing Trust No. 1, 3.30%, Jun 02, 2048 1,617 1,702 1.90%, Sep 15, 2026 4,232 4,122 583,475 Royal Office Finance LP, 1,270,000 Canada Housing Trust No. 1, 5.21%, Nov 12, 2032 610 693 2.35%, Jun 15, 2027 1,263 1,250 43,000 South Coast British Columbia 1,610,000 Canada Housing Trust No. 1, Transportation Authority, 2.35%, Mar 15, 2028 1,606 1,581 4.65%, Jun 20, 2041 44 53 3,240,000 Canada Housing Trust No. 1, 60,000 South Coast British Columbia 2,65%, Mar 15, 2028 3,207 3,264 Transportation Authority, 2,930,000 Canadian Government Bond, 4.45%, Jun 09, 2044 70 73 0.75%, Aug 01, 2019 2,916 2,898 6,930,000 Canadian Government Bond, 380,325 383,449 1.75%, Sep 01, 2019 7,181 6,926 Federal Bonds 32.8% 7,625,000 Canadian Government Bond, 9,454,000 Canada Housing Trust No. 1, 1.25%, Nov 01, 2019 7,583 7,567 2.00%, Dec 15, 2019 9,592 9,463 8,190,000 Canadian Government Bond, 2,315,000 Canada Housing Trust No. 1, 1.25%, Feb 01, 2020 8,111 8,109 3.75%, Mar 15, 2020 2,519 2,383 13,415,000 Canadian Government Bond, 4,980,000 Canada Housing Trust No. 1, 1.50%, Mar 01, 2020 13,705 13,329 1.20%, Jun 15, 2020 4,976 4,903 7,000,000 Canadian Government Bond, 910,000 Canada Housing Trust No. 1, 1.75%, May 01, 2020 6,991 6,980 1.45%, Jun 15, 2020 910 900 7,194,000 Canadian Government Bond, 8,645,000 Canada Housing Trust No. 1, 3.50%, Jun 01, 2020 8,117 7,405 1.25%, Dec 15, 2020 8,630 8,469 700,000 Canadian Government Bond, 2,923,000 Canada Housing Trust No. 1, 1.75%, Aug 01, 2020 697 697 3.35%, Dec 15, 2020 3,081 3,009 13,748,000 Canadian Government Bond, 8,130,000 Canada Housing Trust No. 1, 0.75%, Sep 01, 2020 13,571 13,402 1.25%, Jun 15, 2021 8,178 7,914 12,585,000 Canadian Government Bond, 3,586,000 Canada Housing Trust No. 1, 0.75%, Mar 01, 2021 12,599 12,187 3.80%, Jun 15, 2021 3,934 3,750 7,890,000 Canadian Government Bond, 4,120,000 Canada Housing Trust No. 1, 3.25%, Jun 01, 2021 8,711 8,169 1.15%, Dec 15, 2021 4,112 3,972 9,730,000 Canadian Government Bond, 4,290,000 Canada Housing Trust No. 1, 0.75%, Sep 01, 2021 9,497 9,360 1.50%, Dec 15, 2021 4,287 4,185 11,490,000 Canadian Government Bond, 2,497,000 Canada Housing Trust No. 1, 0.50%, Mar 01, 2022 11,034 10,878 2.65%, Mar 15, 2022 2,554 2,531 7,847,000 Canadian Government Bond, 5,429,000 Canada Housing Trust No. 1, 2.75%, Jun 01, 2022 8,444 8,059 1.75%, Jun 15, 2022 5,416 5,318 11,315,000 Canadian Government Bond, 12,968,000 Canada Housing Trust No. 1, 1.00%, Sep 01, 2022 10,968 10,848 2.40%, Dec 15, 2022 13,113 13,000 6,630,000 Canadian Government Bond, 7,200,000 Canada Housing Trust No. 1, 1.75%, Mar 01, 2023 6,551 6,538 2,35%, Jun 15, 2023 7,201 7,190 8,237,000 Canadian Government Bond, 3,204,000 Canada Housing Trust No. 1, 1.50%, Jun 01, 2023 8,168 8,016 2.35%, Sep 15, 2023 3,103 3,196 2,278,800 Canadian Government Bond, 1,570,000 Canada Housing Trust No. 1, 8.00%, Jun 01, 2023 3,410 2,905 3.15%, Sep 15, 2023 1,744 1,627 2,500,000 Canadian Government Bond, 2.00%, Sep 01, 2023 2,496 2,489

The accompanying notes are an integral part of the financial statements.

12 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 7,152,000 Canadian Government Bond, 220,000 407 International, Inc., 2.50%, Jun 01, 2024 7,585 7,303 3.43%, Jun 01, 2033 220 225 6,269,000 Canadian Government Bond, 430,000 407 International, Inc., 2.25%, Jun 01, 2025 6,511 6,316 5.75%, Feb 14, 2036 524 554 4,272,000 Canadian Government Bond, 84,254 407 International, Inc., 9.00%, Jun 01, 2025 7,085 6,150 6.75%, Jul 27, 2039 99 111 8,270,000 Canadian Government Bond, 609,000 407 International, Inc., 1.50%, Jun 01, 2026 8,180 7,886 4.45%, Nov 15, 2041 628 697 8,138,000 Canadian Government Bond, 250,000 407 International, Inc., 1.00%, Jun 01, 2027 7,359 7,379 3.65%, Sep 08, 2044 250 256 1,327,000 Canadian Government Bond, 67,000 407 International, Inc., 8.00%, Jun 01, 2027 2,199 1,954 3.30%, Mar 27, 2045 67 64 5,730,000 Canadian Government Bond, 260,000 407 International, Inc., 2.00%, Jun 01, 2028 5,580 5,645 3.83%, May 11, 2046 261 273 6,455,000 Canadian Government Bond, 360,000 407 International, Inc., 5.75%, Jun 01, 2029 9,438 8,681 3.60%, May 21, 2047 360 364 7,257,000 Canadian Government Bond, 360,000 407 International, Inc., 5.75%, Jun 01, 2033 10,875 10,511 3.72%, May 11, 2048 360 373 8,569,000 Canadian Government Bond, 375,000 407 International, Inc., 5.00%, Jun 01, 2037 11,799 12,253 3.98%, Sep 11, 2052 330 401 10,425,000 Canadian Government Bond, 362,311 Aeroports de Montreal, 4.00%, Jun 01, 2041 13,434 13,737 6.95%, Apr 16, 2032 445 460 9,028,000 Canadian Government Bond, 372,000 Aeroports de Montreal, 3.50%, Dec 01, 2045 11,895 11,401 6.55%, Oct 11, 2033 471 518 7,230,000 Canadian Government Bond, 2 Aeroports de Montreal, 2.75%, Dec 01, 2048 7,903 8,104 6.61%, Oct 11, 2033 - - 2,000,000 Canadian Government Bond, 143,000 Aeroports de Montreal, 2.00%, Dec 01, 2051 1,848 1,907 5.17%, Sep 17, 2035 154 178 3,055,000 Canadian Government Bond, 213,000 Aeroports de Montreal, 2.75%, Dec 01, 2064 3,580 3,574 5.67%, Oct 16, 2037 258 284 1,000,000 CPPIB Capital, Inc., 335,000 Aeroports de Montreal, 1.40%, Jun 04, 2020 998 986 5.47%, Apr 16, 2040 354 446 3,730,000 CPPIB Capital Inc, 333,000 Aeroports de Montreal, 3.00%, Jun 15, 2028 3,730 3,773 3.92%, Jun 12, 2045 333 367 590,000 Export Development Canada, 200,000 Aeroports de Montreal, 1.80%, Sep 01, 2022 589 579 3.36%, Apr 24, 2047 200 201 1,570,000 PSP Capital, Inc., 140,000 AIMCo Realty Investors LP, 3.03%, Oct 22, 2020 1,621 1,599 2.27%, Jun 26, 2024 140 134 860,000 PSP Capital, Inc., 100,000 AIMCo Realty Investors LP, 1.34%, Aug 18, 2021 860 835 3.04%, Jun 01, 2028 100 98 770,000 PSP Capital, Inc., 350,000 Alberta Capital Finance Authority, 1.73%, Jun 21, 2022 770 749 4.45%, Dec 15, 2025 357 387 860,000 PSP Capital, Inc., 150,000 Alectra, Inc., 2.09%, Nov 22, 2023 860 839 3.24%, Nov 21, 2024 150 153 120,000 PSP Capital, Inc., 200,000 Alectra, Inc., 3.29%, Apr 04, 2024 120 124 2.49%, May 17, 2027 200 192 32,000 Alectra, Inc., 380,606 372,245 5.30%, Apr 29, 2041 35 41 Corporate Bonds 30.9% 275,000 Alectra, Inc., 490,000 407 International, Inc., 3.96%, Jul 30, 2042 271 295 2.47%, Sep 08, 2022 490 482 200,000 Algonquin Power Co., 1,185,000 407 International, Inc., 4.65%, Feb 15, 2022 214 210 6.47%, Jul 27, 2029 1,555 1,548 130,000 Algonquin Power Co., 4.09%, Feb 17, 2027 130 132

The accompanying notes are an integral part of the financial statements.

13 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 699,000 Alimentation Couche-Tard, Inc., 1,344,000 Bank of Montreal, 3.90%, Nov 01, 2022 705 722 2.84%, Jun 04, 2020 1,388 1,352 460,000 Alimentation Couche-Tard, Inc., 1,750,000 Bank of Montreal, 3.06%, Jul 26, 2024 460 451 2.10%, Oct 06, 2020 1,750 1,730 750,000 Alimentation Couche-Tard, Inc., 1,030,000 Bank of Montreal, 3.60%, Jun 02, 2025 753 754 1.88%, Mar 31, 2021 1,030 1,008 128,606 Alliance Pipeline LP, 1,375,000 Bank of Montreal, 7.18%, Jun 30, 2023 138 143 3.40%, Apr 23, 2021 1,396 1,401 15,679 Alliance Pipeline LP, 780,000 Bank of Montreal, 5.55%, Dec 31, 2023 17 16 1.61%, Oct 28, 2021 775 752 50,492 Alliance Pipeline LP, 1,500,000 Bank of Montreal, 6.77%, Dec 31, 2025 58 57 2.12%, Mar 16, 2022 1,499 1,465 178,450 Alliance Pipeline LP, 770,000 Bank of Montreal, 7.22%, Dec 31, 2025 208 205 2.27%, Jul 11, 2022 770 754 525,000 AltaGas Ltd., 750,000 Bank of Montreal, 3.72%, Sep 28, 2021 535 536 2.89%, Jun 20, 2023 750 749 21,000 AltaGas Ltd., 1,110,000 Bank of Montreal, 3.57%, Jun 12, 2023 20 21 2.70%, Sep 11, 2024 1,110 1,091 590,000 AltaGas Ltd., 561,000 Bank of Montreal, 3.84%, Jan 15, 2025 601 598 4.61%, Sep 10, 2025 581 618 80,000 AltaGas Ltd., 800,000 Bank of Montreal, 3.98%, Oct 04, 2027 80 81 3.32%, Jun 01, 2026 814 804 300,000 AltaGas Ltd., 530,000 Bank of Montreal, 4.50%, Aug 15, 2044 297 292 2.70%, Dec 09, 2026 530 515 220,000 AltaGas Ltd., 1,000,000 Bank of Montreal, 4.99%, Oct 04, 2047 220 230 3.19%, Mar 01, 2028 998 1,005 910,000 AltaLink Investments LP, 750,000 Bank of Montreal, FRN 3.27%, Jun 05, 2020 929 920 3.34%, Dec 08, 2025 761 756 1,086,000 AltaLink LP, 750,000 Bank of Montreal, FRN 2.98%, Nov 28, 2022 1,115 1,101 2.57%, Jun 01, 2027 736 730 1,000,000 AltaLink LP, 500,000 bcIMC Realty Corp., 3.67%, Nov 06, 2023 1,106 1,045 2.10%, Jun 03, 2021 500 492 300,000 AltaLink LP, 714,000 bcIMC Realty Corp., 3.40%, Jun 06, 2024 300 309 3.51%, Jun 29, 2022 728 733 475,000 AltaLink LP, 500,000 bcIMC Realty Corp., 2.75%, May 29, 2026 475 468 2.84%, Jun 03, 2025 500 493 29,000 AltaLink LP, 460,000 bcIMC Realty Corp., 5.38%, Mar 26, 2040 32 37 3.00%, Mar 31, 2027 460 455 32,000 AltaLink LP, 457,000 Bell Canada, Inc., 4.87%, Nov 15, 2040 33 39 4.95%, May 19, 2021 506 484 59,000 AltaLink LP, 1,470,000 Bell Canada, Inc., 4.46%, Nov 08, 2041 57 68 2.00%, Oct 01, 2021 1,467 1,430 700,000 AltaLink LP, 200,000 Bell Canada, Inc., 3.99%, Jun 30, 2042 747 754 3.00%, Oct 03, 2022 202 200 45,000 AltaLink LP, 1,000 Bell Canada, Inc., 4.92%, Sep 17, 2043 47 55 3.35%, Mar 22, 2023 1 1 250,000 AltaLink LP, 735,000 Bell Canada, Inc., 4.05%, Nov 21, 2044 250 273 4.70%, Sep 11, 2023 802 787 333,000 AltaLink LP, 495,000 Bell Canada, Inc., 4.09%, Jun 30, 2045 333 366 3.35%, Mar 12, 2025 494 495 120,000 AltaLink LP, 650,000 Bell Canada, Inc., 3.72%, Dec 03, 2046 120 124 3.55%, Mar 02, 2026 648 654 162,294 Arrow Lakes Power Corp., 220,000 Bell Canada, Inc., 5.52%, Apr 05, 2041 180 192 7.00%, Sep 24, 2027 270 276

The accompanying notes are an integral part of the financial statements.

14 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 420,000 Bell Canada, Inc., 372,000 Brookfield Renewable Partners ULC, 3.60%, Sep 29, 2027 419 420 4.79%, Feb 07, 2022 402 393 350,000 Bell Canada, Inc., 100,000 Brookfield Renewable Partners ULC, 6.55%, May 01, 2029 414 432 3.75%, Jun 02, 2025 100 101 755,000 Bell Canada, Inc., 750,000 Brookfield Renewable Partners ULC, 7.30%, Feb 23, 2032 942 1,014 3.63%, Jan 15, 2027 750 741 420,000 Bell Canada, Inc., 29,000 Brookfield Renewable Partners ULC, 6.17%, Feb 26, 2037 521 523 5.84%, Nov 05, 2036 28 34 420,000 Bell Canada, Inc., 480,000 Bruce Power LP, 4.75%, Sep 29, 2044 413 446 2.84%, Jun 23, 2021 480 480 350,000 Bell Canada, Inc., 550,000 Bruce Power LP, 4.35%, Dec 18, 2045 352 351 4.01%, Jun 21, 2029 550 563 1,130,000 Bell Canada, Inc., 750,000 Bruce Power LP, 2.70%, Feb 27, 2047 1,129 1,099 4.13%, Jun 21, 2033 750 764 410,000 Bell Canada, Inc., 156,000 Cadillac Fairview Finance Trust, 4.45%, Feb 27, 2047 408 418 4.31%, Jan 25, 2021 168 163 486,000 BMO Capital Trust II, 450,000 Caisse Centrale Desjardins, 10.22%, Dec 31, 2107 632 505 2.44%, Jul 17, 2019 450 451 250,000 BMW Canada, Inc., 1,050,000 Caisse Centrale Desjardins, 1.88%, Dec 11, 2020 250 245 1.75%, Mar 02, 2020 1,046 1,037 150,000 BMW Canada, Inc., 1,293,000 Cameco Corp., 1.83%, Jun 15, 2021 150 146 5.67%, Sep 02, 2019 1,423 1,331 35,484 Borealis Infrastructure Trust, 200,000 Cameco Corp., 6.35%, Dec 01, 2020 39 37 4.19%, Jun 24, 2024 200 199 56,000 Bow Centre Street LP, 29,000 Cameco Corp., 3.69%, Jun 14, 2021 54 55 5.09%, Nov 14, 2042 27 27 28,067 Bow Centre Street LP, 20,000 Canada Life Capital Trust, 3.69%, Jun 14, 2022 27 28 7.53%, Jun 30, 2052 27 28 90,000 Bow Centre Street LP, 323,000 Canada Post Corp., 3.80%, Jun 13, 2023 87 87 4.08%, Jul 16, 2025 332 353 472,000 British Columbia Ferry Services, Inc., 536,000 Canada Post Corp., 6.25%, Oct 13, 2034 620 642 4.36%, Jul 16, 2040 551 664 42,000 British Columbia Ferry Services, Inc., 800,000 Canadian Credit Card Trust II, Series A 5.02%, Mar 20, 2037 40 52 1.83%, Mar 24, 2020 800 791 214,000 British Columbia Ferry Services, Inc., 950,000 Canadian Imperial Bank of Commerce, 5.58%, Jan 11, 2038 257 281 1.66%, Jan 20, 2020 950 939 200,000 British Columbia Ferry Services, Inc., 850,000 Canadian Imperial Bank of Commerce, 4.29%, Apr 28, 2044 200 230 1.85%, Jul 14, 2020 848 838 54,893 Broadcast Centre Trust, 490,000 Canadian Imperial Bank of Commerce, 7.53%, May 01, 2027 70 66 1.90%, Apr 26, 2021 490 480 1,040,000 Brookfield Asset Management, Inc., 1,200,000 Canadian Imperial Bank of Commerce, 3.80%, Mar 16, 2027 1,040 1,036 1.64%, Jul 12, 2021 1,202 1,163 800,000 Brookfield Asset Management, Inc., 650,000 Canadian Imperial Bank of Commerce, 5.95%, Jun 14, 2035 919 948 2.04%, Mar 21, 2022 650 633 500,000 Brookfield Infrastructure Finance ULC, 1,330,000 Canadian Imperial Bank of Commerce, 3.45%, Mar 11, 2022 500 505 2.30%, Jul 11, 2022 1,330 1,304 760,000 Brookfield Infrastructure Finance ULC, 740,000 Canadian Imperial Bank of Commerce, 3.32%, Feb 22, 2024 763 754 2.47%, Dec 05, 2022 740 728 500,000 Brookfield Property Finance ULC, 1,490,000 Canadian Imperial Bank of Commerce, 4.35%, Jul 03, 2023 500 500 3.30%, May 26, 2025 1,490 1,513 45,000 Brookfield Renewable Kwagis Holding, Inc., 900,000 Canadian Imperial Bank of Commerce, FRN 4.45%, Dec 31, 2053 49 47 3.42%, Jan 26, 2026 919 907 604,000 Brookfield Renewable Partners ULC, 1,020,000 Canadian Imperial Bank of Commerce, FRN 5.14%, Oct 13, 2020 632 635 3.45%, Apr 04, 2028 1,020 1,013

The accompanying notes are an integral part of the financial statements.

15 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,350,000 Canadian National Railway Co., 500,000 Choice Properties LP, 2.80%, Sep 22, 2025 1,349 1,339 3.60%, Apr 20, 2020 511 507 300,000 Canadian National Railway Co., 100,000 Choice Properties REIT, 3.60%, Aug 01, 2047 298 304 2.30%, Sep 14, 2020 100 99 1,250,000 Canadian Natural Resources Ltd., 220,000 Choice Properties REIT, 2.05%, Jun 01, 2020 1,250 1,235 3.01%, Mar 21, 2022 220 219 980,000 Canadian Natural Resources Ltd., 250,000 Choice Properties REIT, 3.31%, Feb 11, 2022 980 989 3.20%, Mar 07, 2023 250 249 1,900,000 Canadian Natural Resources Ltd., 427,000 Choice Properties REIT, 3.55%, Jun 03, 2024 1,920 1,917 4.90%, Jul 05, 2023 449 456 500,000 Canadian Natural Resources Ltd., 820,000 Choice Properties REIT, 3.42%, Dec 01, 2026 500 490 4.29%, Feb 08, 2024 818 851 230,000 Canadian Natural Resources Ltd., 550,000 Choice Properties REIT, 4.85%, May 30, 2047 230 241 3.56%, Sep 09, 2024 550 548 366,000 Canadian Pacific Railway Co., 1,020,000 Choice Properties REIT, 6.45%, Nov 17, 2039 423 503 4.18%, Mar 08, 2028 1,020 1,032 500,000 Canadian Tire Corp Ltd, 50,000 Choice Properties REIT, 3.17%, Jul 06, 2023 500 502 5.27%, Mar 07, 2046 50 56 393,000 Canadian Tire Corp., Ltd., 216,000 CIBC Capital Trust, 6.45%, Feb 24, 2034 436 496 10.25%, Jun 30, 2108 322 276 250,000 Canadian Tire Corp., Ltd., 1,399,000 CIBC Capital Trust, FRN 5.61%, Sep 04, 2035 303 293 9.98%, Jun 30, 2108 1,806 1,495 165,000 Canadian Utilities Ltd., 120,000 Cogeco Communications, Inc., 3.12%, Nov 09, 2022 178 168 4.18%, May 26, 2023 121 124 200,000 Canadian Western Bank, 41,000 Co-operators Financial Services Ltd., 2.38%, Jan 23, 2020 200 199 5.78%, Mar 10, 2020 44 43 420,000 Canadian Western Bank, 100,000 CT REIT, 2.75%, Jun 29, 2020 420 420 2.16%, Jun 01, 2021 100 98 520,000 Canadian Western Bank, 370,000 CT REIT, 2.88%, Mar 01, 2021 520 519 3.29%, Jun 01, 2026 370 359 150,000 Canadian Western Bank, 45,000 CT REIT, 2.79%, Sep 13, 2021 150 149 3.47%, Jun 16, 2027 45 44 375,000 Canadian Western Bank, 170,000 CU, Inc., 2.74%, Jun 16, 2022 375 370 6.80%, Aug 13, 2019 205 178 120,000 Canadian Western Bank, 530,000 CU, Inc., 2.92%, Dec 15, 2022 120 119 9.40%, May 01, 2023 773 680 588,000 Capital Desjardins, Inc., 600,000 CU, Inc., 5.19%, May 05, 2020 620 615 5.56%, May 26, 2028 722 718 445,000 Capital Desjardins, Inc., 92,000 CU, Inc., 4.95%, Dec 15, 2026 507 475 5.18%, Nov 21, 2035 100 112 1,325,000 CARDS II Trust, 163,000 CU, Inc., 2.16%, Oct 15, 2020 1,327 1,311 5.56%, Oct 30, 2037 206 209 100,000 Caterpillar Financial Services Ltd, 567,000 CU, Inc., 2.80%, Jun 08, 2021 100 100 5.58%, May 26, 2038 612 732 200,000 CDP Financial, Inc., 58,000 CU, Inc., 4.60%, Jul 15, 2020 218 209 6.50%, Mar 07, 2039 75 83 700,000 Central 1 Credit Union, 500,000 CU, Inc., 1.87%, Mar 16, 2020 700 691 3.81%, Sep 10, 2042 486 522 860,000 Central 1 Credit Union, 75,000 CU, Inc., 2.60%, Nov 07, 2022 860 842 4.72%, Sep 09, 2043 77 90 365,000 Central 1 Credit Union, FRN 550,000 CU, Inc., 3.06%, Oct 14, 2026 365 360 4.09%, Sep 02, 2044 552 600 260,000 Chartwell Retirement Residences, 200,000 CU, Inc., 3.79%, Dec 11, 2023 260 261 3.96%, Jul 27, 2045 200 214

The accompanying notes are an integral part of the financial statements.

16 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 530,000 CU, Inc., 405,000 Enbridge Pipelines, Inc., 3.76%, Nov 19, 2046 530 551 6.35%, Nov 17, 2023 502 466 520,000 CU, Inc., 1,300,000 Enbridge Pipelines, Inc., 3.55%, Nov 22, 2047 520 521 3.45%, Sep 29, 2025 1,295 1,315 35,000 CU, Inc., 60,000 Enbridge Pipelines, Inc., 4.95%, Nov 18, 2050 37 44 3.00%, Aug 10, 2026 60 59 370,000 CU, Inc., 149,000 Enbridge Pipelines, Inc., 3.86%, Nov 14, 2052 375 386 6.55%, Nov 17, 2027 185 183 38,000 CU, Inc., 44,000 Enbridge Pipelines, Inc., 4.59%, Oct 24, 2061 38 45 5.08%, Dec 19, 2036 47 50 41,000 CU, Inc., 238,000 Enbridge Pipelines, Inc., 3.83%, Sep 11, 2062 35 43 5.35%, Nov 10, 2039 250 277 450,000 Daimler Canada Finance, Inc., 350,000 Enbridge Pipelines, Inc., 1.78%, Aug 19, 2019 450 447 4.55%, Sep 29, 2045 348 375 330,000 Daimler Canada Finance, Inc., 210,000 Enbridge Pipelines, Inc., 1.57%, May 25, 2020 330 323 4.13%, Aug 09, 2046 210 210 500,000 Daimler Canada Finance, Inc., 328,000 Enbridge, Inc., 1.91%, Jul 08, 2021 500 486 4.77%, Sep 02, 2019 346 337 150,000 Daimler Canada Finance, Inc., 1,949,000 Enbridge, Inc., 2.23%, Dec 16, 2021 150 146 4.53%, Mar 09, 2020 2,128 2,008 220,000 Daimler Canada Finance, Inc., 300,000 Enbridge, Inc., 3.05%, May 16, 2022 220 220 3.16%, Mar 11, 2021 300 302 250,000 Daimler Canada Finance, Inc., 73,000 Enbridge, Inc., 2.57%, Nov 22, 2022 250 245 3.19%, Dec 05, 2022 72 73 430,000 Dollarama, Inc., 564,000 Enbridge, Inc., 2.34%, Jul 22, 2021 430 424 3.94%, Jun 30, 2023 580 581 320,000 Dollarama, Inc., 540,000 Enbridge, Inc., 2.20%, Nov 10, 2022 320 309 3.20%, Jun 08, 2027 540 515 38,744 Edmonton Regional Airports Authority, 250,000 Enbridge, Inc., 7.21%, Nov 01, 2030 47 48 7.20%, Jun 18, 2032 326 322 1,484,000 Emera, Inc., 335,000 Enbridge, Inc., 4.83%, Dec 02, 2019 1,628 1,529 5.75%, Sep 02, 2039 338 389 39,000 Enbridge Gas Distribution, Inc., 350,000 Enbridge, Inc., 4.04%, Nov 23, 2020 41 40 5.12%, Sep 28, 2040 380 378 573,000 Enbridge Gas Distribution, Inc., 678,000 Enbridge, Inc., 4.77%, Dec 17, 2021 624 613 4.24%, Aug 27, 2042 665 650 67,000 Enbridge Gas Distribution, Inc., 560,000 Enbridge, Inc., 6.05%, Jul 05, 2023 79 76 4.57%, Mar 11, 2044 570 564 120,000 Enbridge Gas Distribution, Inc., 660,000 Enbridge, Inc., FRN 6.90%, Nov 15, 2032 167 166 5.38%, Sep 27, 2077 660 628 400,000 Enbridge Gas Distribution, Inc., 300,000 Enbridge, Inc., FRN 4.00%, Aug 22, 2044 383 430 6.63%, Apr 12, 2078 300 310 280,000 Enbridge Gas Distribution, Inc., 130,000 Enercare Solutions, Inc., 3.51%, Nov 29, 2047 280 278 3.99%, Feb 21, 2024 130 132 500,000 Enbridge Gas Distribution, Inc., 1,469,000 Énergir, Inc., 4.95%, Nov 22, 2050 542 623 5.45%, Jul 12, 2021 1,667 1,593 711,000 Enbridge Income Fund, 5,000 Énergir, Inc., 4.85%, Feb 22, 2022 764 752 7.05%, Oct 30, 2030 6 7 800,000 Enbridge Income Fund, 205,000 Énergir, Inc., 3.94%, Jan 13, 2023 834 822 6.30%, Oct 31, 2033 235 274 250,000 Enbridge Income Fund, 30,000 Énergir, Inc., 4.87%, Nov 21, 2044 250 258 3.28%, Oct 09, 2046 30 29 440,000 Enbridge Pipelines, Inc., 170,000 Énergir, Inc., 3.79%, Aug 17, 2023 441 456 3.53%, May 16, 2047 170 171

The accompanying notes are an integral part of the financial statements.

17 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 250,000 Enmax Corp., 260,000 Ford Credit Canada Co., 3.81%, Dec 05, 2024 250 256 2.71%, Feb 23, 2022 260 254 250,000 Enmax Corp., 770,000 Ford Credit Canada Co., 3.84%, Jun 05, 2028 250 253 2.77%, Jun 22, 2022 770 751 448,000 EPCOR Utilities, Inc., 280,000 Ford Credit Canada Co., 6.80%, Jun 28, 2029 568 587 3.35%, Sep 19, 2022 280 279 76,000 EPCOR Utilities, Inc., 700,000 Ford Credit Canada Co., 5.65%, Nov 16, 2035 85 97 3.74%, May 08, 2023 703 703 158,000 EPCOR Utilities, Inc., 1,505,000 Ford Credit Canada Ltd., 6.65%, Apr 15, 2038 191 227 2.45%, May 07, 2020 1,490 1,492 414,000 EPCOR Utilities, Inc., 510,000 Ford Credit Canada Ltd., 5.75%, Nov 24, 2039 465 548 2.58%, May 10, 2021 510 502 290,000 EPCOR Utilities, Inc., 400,000 Ford Credit Canada Ltd., 3.55%, Nov 27, 2047 290 290 3.28%, Jul 02, 2021 400 401 420,000 Fair Hydro Trust, 620,000 Fortified Trust, 3.36%, May 15, 2033 420 431 2.16%, Oct 23, 2020 620 614 73,000 Fairfax Financial Holdings Ltd., 980,000 Fortified Trust, 5.84%, Oct 14, 2022 75 80 1.67%, Jul 23, 2021 980 949 270,000 Fairfax Financial Holdings Ltd., 250,000 Fortis, Inc., 4.50%, Mar 22, 2023 268 282 2.85%, Dec 12, 2023 250 246 225,000 Fairfax Financial Holdings Ltd., 390,000 Fortis, Inc., 4.95%, Mar 03, 2025 223 238 6.51%, Jul 04, 2039 488 525 460,000 Fairfax Financial Holdings Ltd., 50,000 FortisAlberta, Inc., 4.70%, Dec 16, 2026 458 474 3.30%, Sep 30, 2024 50 51 610,000 Fairfax Financial Holdings Ltd., 204,000 FortisAlberta, Inc., 4.25%, Dec 06, 2027 610 603 6.22%, Oct 31, 2034 263 273 16,000 Farm Credit Canada, 22,000 FortisAlberta, Inc., 4.55%, Apr 12, 2021 18 17 5.85%, Apr 15, 2038 26 29 860,000 Fédération des Caisses Desjardins du 30,000 FortisAlberta, Inc., Quebec, 7.06%, Feb 14, 2039 41 45 2.09%, Jan 17, 2022 860 839 578,000 FortisAlberta, Inc., 990,000 Fédération des Caisses Desjardins du 5.37%, Oct 30, 2039 647 734 Quebec, 37,000 FortisAlberta, Inc., 2.39%, Aug 25, 2022 990 971 4.54%, Oct 18, 2041 37 43 88,152 Fifth Avenue LP, 200,000 FortisAlberta, Inc., 4.71%, Aug 05, 2021 91 91 4.11%, Sep 29, 2044 200 219 150,000 Finning International, Inc., 80,000 FortisAlberta, Inc., 2.84%, Sep 29, 2021 150 150 3.34%, Sep 21, 2046 80 77 158,000 Finning International, Inc., 38,000 FortisAlberta, Inc., 5.08%, Jun 13, 2042 164 184 4.99%, Jan 03, 2047 40 48 58,000 First Capital Realty, Inc., 80,000 FortisAlberta, Inc., 5.48%, Jul 30, 2019 63 60 3.67%, Sep 09, 2047 80 82 761,000 First Capital Realty, Inc., 29,000 FortisAlberta, Inc., 5.60%, Apr 30, 2020 806 799 4.80%, Oct 27, 2050 30 35 740,000 First Capital Realty, Inc., 440,000 FortisBC Energy, Inc., 4.50%, Mar 01, 2021 757 769 6.50%, May 01, 2034 495 601 232,000 First Capital Realty, Inc., 328,000 FortisBC Energy, Inc., 3.95%, Dec 05, 2022 229 238 5.90%, Feb 26, 2035 342 428 236,000 First Capital Realty, Inc., 435,000 FortisBC Energy, Inc., 3.90%, Oct 30, 2023 234 241 6.00%, Oct 02, 2037 548 585 40,000 First Capital Realty, Inc., 31,000 FortisBC Energy, Inc., 3.60%, May 06, 2026 40 39 6.05%, Feb 15, 2038 37 42 160,000 First Capital Realty, Inc., 52,000 FortisBC Energy, Inc., 3.75%, Jul 12, 2027 160 157 5.80%, May 13, 2038 61 69

The accompanying notes are an integral part of the financial statements.

18 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 86,000 FortisBC Energy, Inc., 500,000 Greater Toronto Airports Authority, 6.55%, Feb 24, 2039 110 124 4.53%, Dec 02, 2041 558 604 32,000 FortisBC Energy, Inc., 430,000 Great-West Lifeco Inc, 5.20%, Dec 06, 2040 35 40 3.34%, Feb 28, 2028 430 434 267,000 FortisBC Energy, Inc., 100,000 Great-West Lifeco, Inc., 3.38%, Apr 13, 2045 267 260 6.74%, Nov 24, 2031 117 133 290,000 FortisBC Energy, Inc., 497,000 Great-West Lifeco, Inc., 3.69%, Oct 30, 2047 301 297 6.67%, Mar 21, 2033 577 666 44,000 FortisBC, Inc., 323,000 Great-West Lifeco, Inc., 5.60%, Nov 09, 2035 50 55 6.00%, Nov 16, 2039 359 431 99,000 FortisBC, Inc., 80,000 H&R REIT, 6.10%, Jun 02, 2039 130 135 3.42%, Jan 23, 2023 80 80 400,000 FortisBC, Inc., 500,000 H&R REIT, 4.00%, Oct 28, 2044 396 429 3.37%, Jan 30, 2024 504 492 48,000 FortisBC, Inc., 61,000 Halifax International Airport Authority, 5.00%, Nov 24, 2050 51 60 4.89%, Nov 15, 2050 64 78 644,000 GE Capital Canada Funding Co., 1,263,000 Health Montreal Collective LP, 4.60%, Jan 26, 2022 680 680 6.72%, Sep 30, 2049 1,434 1,695 500,000 General Motors Financial of Canada Ltd., 490,000 Hollis Receivables Term Trust II, 3.08%, May 22, 2020 492 502 1.79%, Feb 26, 2020 490 484 310,000 General Motors Financial of Canada Ltd., 250,000 Honda Canada Finance, Inc., 3.00%, Feb 26, 2021 310 309 1.63%, Aug 12, 2019 250 248 820,000 General Motors Financial of Canada Ltd., 250,000 Honda Canada Finance, Inc., 2.60%, Jun 01, 2022 819 798 1.82%, Dec 07, 2021 250 242 500,000 Genesis Trust II, 850,000 Honda Canada Finance, Inc., 1.70%, Apr 15, 2020 500 493 2.27%, Jul 15, 2022 850 831 250,000 George Weston Ltd., 250,000 Honda Canada Finance Inc, 4.12%, Jun 17, 2024 250 258 3.44%, May 23, 2025 250 255 94,000 George Weston Ltd., 428,046 Hospital Infrastructure Partners NOH 7.10%, Feb 05, 2032 101 121 Partnership, 250,000 Glacier Credit Card Trust, 5.44%, Jan 31, 2045 478 498 2.57%, Sep 20, 2019 250 250 1,883,000 HSBC Bank Canada, 500,000 Glacier Credit Card Trust, 2.94%, Jan 14, 2020 1,888 1,894 2.24%, Sep 20, 2020 500 495 1,000,000 HSBC Bank Canada, 310,000 Glacier Credit Card Trust, 1.82%, Jul 07, 2020 1,000 983 2.05%, Sep 20, 2022 310 300 250,000 HSBC Bank Canada, 138,339 Grand Renewable Solar LP, 2.45%, Jan 29, 2021 249 248 3.93%, Jan 31, 2035 138 137 750,000 HSBC Bank Canada, 1,000,000 Greater Toronto Airports Authority, 2.91%, Sep 29, 2021 750 750 3.04%, Sep 21, 2022 1,070 1,018 260,000 HSBC Bank Canada, 330,000 Greater Toronto Airports Authority, 2.17%, Jun 29, 2022 260 252 6.45%, Dec 03, 2027 424 425 470,000 HSBC Bank Canada, 256,891 Greater Toronto Airports Authority, 2.54%, Jan 31, 2023 470 460 6.45%, Jul 30, 2029 276 305 500,000 HSBC Bank Canada, 414,000 Greater Toronto Airports Authority, 3.25%, Sep 15, 2023 500 502 7.05%, Jun 12, 2030 519 576 1,914,000 Husky Energy, Inc., 941,000 Greater Toronto Airports Authority, 5.00%, Mar 12, 2020 2,143 1,989 7.10%, Jun 04, 2031 1,182 1,332 400,000 Husky Energy, Inc., 321,000 Greater Toronto Airports Authority, 3.55%, Mar 12, 2025 399 404 6.47%, Feb 02, 2034 409 452 500,000 Husky Energy, Inc., 580,000 Greater Toronto Airports Authority, 3.60%, Mar 10, 2027 499 497 3.26%, Jun 01, 2037 580 582 170,000 Hydro One, Inc., 85,000 Greater Toronto Airports Authority, 1.48%, Nov 18, 2019 170 168 5.63%, Jun 07, 2040 98 116

The accompanying notes are an integral part of the financial statements.

19 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 175,000 Hydro One, Inc., 44,000 IGM Financial, Inc., 1.62%, Apr 30, 2020 175 172 6.00%, Dec 10, 2040 49 56 400,000 Hydro One, Inc., 120,000 IGM Financial, Inc., 4.40%, Jun 01, 2020 443 414 4.56%, Jan 25, 2047 120 129 1,750,000 Hydro One, Inc., 140,000 IGM Financial, Inc., 1.84%, Feb 24, 2021 1,737 1,717 4.12%, Dec 09, 2047 140 141 350,000 Hydro One, Inc., 250,000 Industrial Alliance Insurance & Financial 2.57%, Jun 25, 2021 350 349 Services, Inc., 1,000,000 Hydro One, Inc., 3.30%, Sep 15, 2028 250 252 3.20%, Jan 13, 2022 1,070 1,016 350,000 Industrial Alliance Insurance & Financial 1,000,000 Hydro One, Inc., Services, Inc., FRN 2.77%, Feb 24, 2026 1,038 981 2.64%, Feb 23, 2027 350 345 400,000 Hydro One, Inc., 1,124,000 Intact Financial Corp., 6.93%, Jun 01, 2032 549 550 5.41%, Sep 03, 2019 1,226 1,163 21,000 Hydro One, Inc., 61,000 Intact Financial Corp., 6.35%, Jan 31, 2034 29 28 4.70%, Aug 18, 2021 65 64 699,000 Hydro One, Inc., 390,000 Intact Financial Corp., 4.89%, Mar 13, 2037 765 823 2.85%, Jun 07, 2027 390 373 530,000 Hydro One, Inc., 184,000 Intact Financial Corp., 5.49%, Jul 16, 2040 682 680 6.40%, Nov 23, 2039 225 249 306,000 Hydro One, Inc., 225,000 Intact Financial Corp., 4.39%, Sep 26, 2041 298 343 5.16%, Jun 16, 2042 252 269 600,000 Hydro One, Inc., 197,097 Integrated Team Solutions PCH Partnership, 4.59%, Oct 09, 2043 641 696 4.88%, May 31, 2046 221 221 250,000 Hydro One, Inc., 33,118 Integrated Team Solutions SJHC 4.17%, Jun 06, 2044 254 273 Partnership, 159,000 Hydro One, Inc., 5.95%, Nov 30, 2042 37 41 3.91%, Feb 23, 2046 160 167 108,000 Inter Pipeline Ltd., 429,000 Hydro One, Inc., 3.78%, May 30, 2022 106 111 5.00%, Oct 19, 2046 510 535 250,000 Inter Pipeline Ltd., 330,000 Hydro One, Inc., 2.61%, Sep 13, 2023 250 242 3.72%, Nov 18, 2047 330 337 130,000 Inter Pipeline Ltd., 570,000 Hydro One, Inc., 2.73%, Apr 18, 2024 130 125 3.63%, Jun 25, 2049 570 570 100,000 Inter Pipeline Ltd., 250,000 Hydro One, Inc., 3.17%, Mar 24, 2025 100 98 3.79%, Jul 31, 2062 264 254 1,000,000 Inter Pipeline Ltd., 2,225,000 Hydro-Québec, 3.48%, Dec 16, 2026 1,013 982 11.00%, Aug 15, 2020 3,459 2,630 545,000 Inter Pipeline Ltd., 562,000 Hydro-Québec, 4.64%, May 30, 2044 553 550 9.63%, Jul 15, 2022 836 717 81,000 Investors Group, Inc., 165,000 Hydro-Québec, 7.00%, Dec 31, 2032 99 108 6.50%, Jan 16, 2035 255 239 500,000 Ivanhoe Cambridge II, Inc., 834,000 Hydro-Québec, 2.91%, Jun 27, 2023 500 499 6.00%, Feb 15, 2040 1,066 1,231 330,000 John Deere Canada Funding, Inc., 1,345,000 Hydro-Québec, 1.60%, Jul 13, 2020 330 324 5.00%, Feb 15, 2050 1,680 1,903 250,000 John Deere Canada Funding, Inc., 1,280,000 Hydro-Québec, 2.05%, May 13, 2022 250 243 4.00%, Feb 15, 2055 1,473 1,578 250,000 John Deere Canada Funding, Inc., 200,000 IGM Financial, Inc., 2.63%, Sep 21, 2022 250 248 3.44%, Jan 26, 2027 200 199 430,000 Keyera Corp., 463,000 IGM Financial, Inc., 3.93%, Jun 21, 2028 430 430 7.45%, May 09, 2031 599 627 652,386 Kingston Solar LP, 50,000 IGM Financial, Inc., 3.57%, Jul 31, 2035 652 630 7.11%, Mar 07, 2033 62 68

The accompanying notes are an integral part of the financial statements.

20 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 300,000 Laurentian Bank of Canada, 250,000 Metro, Inc., 2.50%, Jan 23, 2020 300 298 4.27%, Dec 04, 2047 250 250 1,125,000 Laurentian Bank of Canada, 62,118 Milit-Air, Inc., 2.75%, Apr 22, 2021 1,123 1,113 5.75%, Jun 30, 2019 67 64 250,000 Laurentian Bank of Canada, 70,000 Morguard Corp., 3.00%, Sep 12, 2022 250 246 4.09%, May 14, 2021 70 70 320,000 Laurentian Bank of Canada, 755,000 Muskrat Falls / Labrador Transmission 3.45%, Jun 27, 2023 320 319 Assets Funding Trust, 678,000 Loblaw Cos., Ltd., 3.63%, Jun 01, 2029 797 816 5.22%, Jun 18, 2020 751 711 1,040,000 Muskrat Falls / Labrador Transmission 455,000 Loblaw Cos., Ltd., Assets Funding Trust, 4.86%, Sep 12, 2023 471 489 3.86%, Dec 01, 2048 1,074 1,240 331,000 Loblaw Cos., Ltd., 320,000 National Bank of Canada, 6.45%, Feb 09, 2028 365 400 1.74%, Mar 03, 2020 320 316 243,000 Loblaw Cos., Ltd., 650,000 National Bank of Canada, 6.85%, Mar 01, 2032 302 314 1.81%, Jul 26, 2021 650 633 120,000 Loblaw Cos., Ltd., 750,000 National Bank of Canada, 6.15%, Jan 29, 2035 123 148 2.11%, Mar 18, 2022 750 732 296,000 Loblaw Cos., Ltd., 960,000 National Bank of Canada, 5.90%, Jan 18, 2036 333 360 1.96%, Jun 30, 2022 949 928 375,000 Lower Mattagami Energy LP, 750,000 National Bank of Canada, FRN 4.33%, May 18, 2021 424 393 3.18%, Feb 01, 2028 750 735 250,000 Lower Mattagami Energy LP, 54,450 NAV Canada, 3.42%, Jun 20, 2024 250 258 7.56%, Mar 01, 2027 68 65 410,000 Lower Mattagami Energy LP, 201,000 NAV Canada, 5.14%, May 18, 2041 488 514 7.40%, Jun 01, 2027 271 270 345,000 Lower Mattagami Energy LP, 390,000 NAV Canada, 4.18%, Feb 23, 2046 387 384 3.53%, Feb 23, 2046 390 413 24,000 Lower Mattagami Energy LP, 210,000 NAV Canada, 4.18%, Apr 23, 2052 22 27 3.29%, Mar 30, 2048 210 213 400,000 Magna International, Inc., 404,000 NBC Asset Trust, 3.10%, Dec 15, 2022 420 401 7.45%, Dec 31, 2049 492 434 250,000 Manitoba Telecom Services, Inc., 106,500 Newfoundland Power, Inc., 4.00%, May 27, 2024 250 258 9.00%, Oct 01, 2020 135 119 250,000 Manulife Bank of Canada, 70,000 Nissan Canada Financial Services, Inc., 1.92%, Sep 01, 2021 250 243 1.58%, Oct 07, 2019 70 69 600,000 Manulife Bank of Canada, 180,000 Nissan Canada Financial Services, Inc., 2.08%, May 26, 2022 600 583 1.75%, Apr 09, 2020 180 177 190,000 Manulife Bank of Canada, 620,000 Nissan Canada Financial Services, Inc., 2.84%, Jan 12, 2023 190 189 2.42%, Oct 19, 2020 620 615 786,000 Manulife Financial Capital Trust II, FRN 120,000 Nissan Canada Financial Services, Inc., 7.41%, Dec 31, 2108 879 839 2.61%, Mar 05, 2021 120 119 520,000 Manulife Financial Corp., FRN 840,000 North West Redwater Partnership / NWR 3.05%, Aug 20, 2029 520 510 Financing Co., Ltd., 310,000 McGill University, 3.20%, Apr 24, 2026 878 837 3.98%, Jan 29, 2056 310 351 260,000 North West Redwater Partnership / NWR 200,000 Metro, Inc., Financing Co., Ltd., 3.20%, Dec 01, 2021 200 202 2.80%, Jun 01, 2027 259 249 370,000 Metro, Inc., 420,000 North West Redwater Partnership / NWR 3.39%, Dec 06, 2027 370 363 Financing Co., Ltd., 381,000 Metro, Inc., 4.15%, Jun 01, 2033 465 446 5.97%, Oct 15, 2035 391 466 600,000 North West Redwater Partnership / NWR 300,000 Metro, Inc., Financing Co., Ltd., 5.03%, Dec 01, 2044 300 336 3.65%, Jun 01, 2035 600 597

The accompanying notes are an integral part of the financial statements.

21 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 530,000 North West Redwater Partnership / NWR 50,000 OPB Finance Trust, Financing Co., Ltd., 1.88%, Feb 24, 2022 50 49 4.75%, Jun 01, 2037 629 602 89,000 OPB Finance Trust, 740,000 North West Redwater Partnership / NWR 2.90%, May 24, 2023 85 90 Financing Co., Ltd., 250,000 OPB Finance Trust, 4.05%, Jul 22, 2044 804 772 2.95%, Feb 02, 2026 250 251 52,200 Northwestconnect Group Partnership, 980,000 OPB Finance Trust, 5.95%, Apr 30, 2041 60 62 2.98%, Jan 25, 2027 979 980 250,000 Nova Scotia Power, Inc., 400,000 Ottawa Macdonald-Cartier International 8.85%, May 19, 2025 350 331 Airport Authority, 375,000 Nova Scotia Power, Inc., 3.93%, Jun 09, 2045 400 420 6.95%, Aug 25, 2033 436 518 58,000 Pembina Pipeline Corp., 410,000 Nova Scotia Power, Inc., 4.89%, Mar 29, 2021 62 61 5.67%, Nov 14, 2035 414 516 1,155,000 Pembina Pipeline Corp., 25,000 Nova Scotia Power, Inc., 3.77%, Oct 24, 2022 1,164 1,183 5.95%, Jul 27, 2039 30 33 410,000 Pembina Pipeline Corp., 55,000 Nova Scotia Power, Inc., 2.99%, Jan 22, 2024 407 403 5.61%, Jun 15, 2040 63 71 300,000 Pembina Pipeline Corp., 63,000 Nova Scotia Power, Inc., 3.54%, Feb 03, 2025 300 301 4.15%, Mar 06, 2042 57 68 250,000 Pembina Pipeline Corp., 230,000 Nova Scotia Power, Inc., 3.71%, Aug 11, 2026 250 251 4.50%, Jul 20, 2043 248 261 400,000 Pembina Pipeline Corp., 175,000 Nova Scotia Power, Inc., 4.02%, Mar 27, 2028 400 405 3.61%, May 01, 2045 175 173 200,000 Pembina Pipeline Corp., 500,000 OMERS Realty Corp., 4.75%, Apr 30, 2043 204 205 2.47%, Nov 12, 2019 500 501 420,000 Pembina Pipeline Corp., 150,000 OMERS Realty Corp., 4.81%, Mar 25, 2044 428 434 2.97%, Apr 05, 2021 150 151 590,000 Pembina Pipeline Corp., 120,000 OMERS Realty Corp., 4.74%, Jan 21, 2047 581 602 1.82%, May 09, 2022 120 116 40,640 Plenary Health Bridgepoint LP, 1,090,000 OMERS Realty Corp., 7.25%, Aug 31, 2042 53 57 3.36%, Jun 05, 2023 1,051 1,112 653,289 Plenary Health Care Partnerships 160,000 OMERS Realty Corp., Humber LP, 2.86%, Feb 23, 2024 160 159 4.90%, May 31, 2039 728 732 200,000 OMERS Realty Corp., 455,000 Plenary Health Care Partnerships 3.33%, Nov 12, 2024 200 203 Humber LP, 430,000 OMERS Realty Corp., 4.82%, Nov 30, 2044 471 541 3.24%, Oct 04, 2027 430 432 535,064 Plenary Health Hamilton LP, 420,000 OMERS Realty Corp, 5.80%, May 31, 2043 610 660 3.63%, Jun 05, 2030 420 432 731,424 Plenary Properties LTAP LP, 775,000 Ontario Electricity Financial Corp., 6.29%, Jan 31, 2044 804 961 8.50%, May 26, 2025 1,191 1,049 130,000 Power Corp. of Canada, 902,000 Ontario Electricity Financial Corp., 8.57%, Apr 22, 2039 206 207 8.25%, Jun 22, 2026 1,303 1,243 190,000 Power Corp. of Canada, 1,250,000 Ontario Power Generation, Inc., 4.81%, Jan 31, 2047 190 210 3.32%, Oct 04, 2027 1,284 1,256 544,000 Power Financial Corp., 630,000 Ontario Power Generation, Inc., 6.90%, Mar 11, 2033 609 729 3.84%, Jun 22, 2048 630 636 100,000 Queen’s University, 148,367 Ontario School Boards Financing Corp., 6.10%, Nov 19, 2032 108 129 5.80%, Nov 07, 2028 182 168 120,000 Reliance LP, 57,477 Ontario School Boards Financing Corp., 3.84%, Mar 15, 2025 120 119 5.48%, Nov 26, 2029 64 65 630,000 RioCan REIT, 56,287 Ontario School Boards Financing Corp., 3.62%, Jun 01, 2020 635 640 5.07%, Apr 18, 2031 60 61

The accompanying notes are an integral part of the financial statements.

22 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 250,000 RioCan REIT, 755,000 Royal Bank of Canada, 2.19%, Apr 09, 2021 250 245 4.93%, Jul 16, 2025 836 845 530,000 RioCan REIT, 775,000 Royal Bank of Canada, 3.72%, Dec 13, 2021 533 541 3.45%, Sep 29, 2026 789 781 200,000 RioCan REIT, 1,100,000 Royal Bank of Canada, FRN 3.75%, May 30, 2022 200 204 3.31%, Jan 20, 2026 1,121 1,107 275,000 RioCan REIT, 490,000 Saputo, Inc., 2.83%, Oct 03, 2022 275 271 2.20%, Jun 23, 2021 490 482 30,000 RioCan REIT, 260,000 Saputo, Inc., 3.73%, Apr 18, 2023 28 31 1.94%, Jun 13, 2022 260 250 120,000 RioCan REIT, 290,000 Saputo, Inc., 3.21%, Sep 29, 2023 120 119 2.83%, Nov 21, 2023 290 286 200,000 RioCan REIT, 645,000 Scotiabank Capital Trust, FRN 3.29%, Feb 12, 2024 200 198 5.65%, Dec 31, 2056 669 783 844,000 Rogers Communications, Inc., 1,058,000 Scotiabank Tier I Trust, 5.38%, Nov 04, 2019 948 877 7.80%, Jun 30, 2108 1,296 1,110 1,508,000 Rogers Communications, Inc., 1,785,000 Shaw Communications, Inc., 5.34%, Mar 22, 2021 1,633 1,609 5.65%, Oct 01, 2019 1,965 1,854 593,000 Rogers Communications, Inc., 547,000 Shaw Communications, Inc., 4.00%, Jun 06, 2022 592 616 5.50%, Dec 07, 2020 604 581 340,000 Rogers Communications, Inc., 160,000 Shaw Communications, Inc., 6.68%, Nov 04, 2039 368 451 3.80%, Mar 01, 2027 160 161 622,000 Rogers Communications, Inc., 1,177,000 Shaw Communications, Inc., 6.11%, Aug 25, 2040 663 777 6.75%, Nov 09, 2039 1,211 1,483 349,000 Rogers Communications, Inc., 100,000 Simon Fraser University, 6.56%, Mar 22, 2041 434 460 5.61%, Jun 10, 2043 132 134 1,000,000 Royal Bank of Canada, 440,000 Sinai Health System, 2.35%, Dec 09, 2019 1,000 1,000 3.53%, Jun 09, 2056 440 430 600,000 Royal Bank of Canada, 200,000 Smart REIT, 1.59%, Mar 23, 2020 600 592 3.73%, Jul 22, 2022 201 203 1,000,000 Royal Bank of Canada, 580,000 Smart REIT, 1.92%, Jul 17, 2020 1,000 987 3.99%, May 30, 2023 567 593 700,000 Royal Bank of Canada, 825,000 Smart REIT, 2.86%, Mar 04, 2021 700 703 3.56%, Feb 06, 2025 822 812 1,700,000 Royal Bank of Canada, 300,000 Smart REIT, 2.03%, Mar 15, 2021 1,699 1,671 3.44%, Aug 28, 2026 300 289 1,190,000 Royal Bank of Canada, 100,000 SmartCentres Real Estate Investment Trust, 1.65%, Jul 15, 2021 1,192 1,153 2.88%, Mar 21, 2022 100 99 650,000 Royal Bank of Canada, 250,000 SmartCentres Real Estate Investment Trust, 1.58%, Sep 13, 2021 650 627 2.99%, Aug 28, 2024 250 240 2,000,000 Royal Bank of Canada, 120,000 SmartCentres REIT, 1.97%, Mar 02, 2022 1,968 1,944 3.83%, Dec 21, 2027 120 117 1,040,000 Royal Bank of Canada, 215,000 SNC-Lavalin Group, Inc., 2.00%, Mar 21, 2022 1,040 1,011 2.69%, Nov 24, 2020 215 214 1,060,000 Royal Bank of Canada, 270,000 SNC-Lavalin Group, Inc., 2.36%, Dec 05, 2022 1,060 1,038 3.24%, Mar 02, 2023 270 270 1,650,000 Royal Bank of Canada, 645,277 SNC-Lavalin Innisfree McGill Finance, Inc., 2.95%, May 01, 2023 1,650 1,653 6.63%, Jun 30, 2044 715 833 1,430,000 Royal Bank of Canada, 542,000 South Coast British Columbia 2.33%, Dec 05, 2023 1,430 1,386 Transportation Authority, 1,782,000 Royal Bank of Canada, 3.80%, Nov 02, 2020 578 560 2.99%, Dec 06, 2024 1,819 1,793 200,000 South Coast British Columbia 900,000 Royal Bank of Canada, Transportation Authority, 2.48%, Jun 04, 2025 899 893 3.05%, Jun 04, 2025 199 203

The accompanying notes are an integral part of the financial statements.

23 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 30,000 South Coast British Columbia 530,000 TELUS Corp., Transportation Authority, 4.85%, Apr 05, 2044 529 560 3.85%, Feb 09, 2052 27 34 200,000 TELUS Corp., 800,000 SSL Finance, Inc. / SSL Financement, Inc., 4.75%, Jan 17, 2045 199 209 4.10%, Oct 31, 2045 800 833 650,000 TELUS Corp., 260,000 Sun Life Capital Trust, 4.40%, Jan 29, 2046 620 643 7.09%, Jun 30, 2052 292 346 420,000 TELUS Corp., 79,000 Sun Life Capital Trust II, 4.70%, Mar 06, 2048 420 435 5.86%, Dec 31, 2108 88 83 458,000 Teranet Holdings LP, 505,000 Sun Life Financial, Inc., 5.75%, Dec 17, 2040 468 488 4.57%, Aug 23, 2021 555 532 950,000 The 55 Ontario School Board Trust, 250,000 Sun Life Financial, Inc., 5.90%, Jun 02, 2033 1,274 1,245 2.75%, Nov 23, 2027 250 247 1,500,000 The Bank of Nova Scotia, 700,000 Sun Life Financial, Inc., 2.40%, Oct 28, 2019 1,500 1,501 3.05%, Sep 19, 2028 699 696 1,000,000 The Bank of Nova Scotia, 353,000 Sun Life Financial, Inc., 2.27%, Jan 13, 2020 1,000 997 5.40%, May 29, 2042 360 424 1,500,000 The Bank of Nova Scotia, 1,300,000 Suncor Energy, Inc., 2.13%, Jun 15, 2020 1,500 1,487 3.10%, Nov 26, 2021 1,335 1,316 1,750,000 The Bank of Nova Scotia, 610,000 Suncor Energy, Inc., 2.09%, Sep 09, 2020 1,754 1,730 3.00%, Sep 14, 2026 608 597 2,030,000 The Bank of Nova Scotia, 491,000 Suncor Energy, Inc., 3.27%, Jan 11, 2021 2,056 2,059 5.39%, Mar 26, 2037 490 583 1,000,000 The Bank of Nova Scotia, 250,000 Suncor Energy, Inc., 2.87%, Jun 04, 2021 1,000 1,004 4.34%, Sep 13, 2046 250 264 1,050,000 The Bank of Nova Scotia, 122,000 TD Capital Trust IV, 1.90%, Dec 02, 2021 1,050 1,020 1.00%, Jun 30, 2108 148 156 770,000 The Bank of Nova Scotia, 763,000 TD Capital Trust IV, 1.83%, Apr 27, 2022 770 742 6.63%, Jun 30, 2108 860 839 1,180,000 The Bank of Nova Scotia, 510,000 TD Capital Trust IV, 2.36%, Nov 08, 2022 1,180 1,155 9.52%, Jun 30, 2108 651 543 2,550,000 The Bank of Nova Scotia, 210,000 TELUS Communications, Inc., 2.98%, Apr 17, 2023 2,549 2,555 10.65%, Jun 19, 2021 283 255 770,000 The Bank of Nova Scotia, 142,000 TELUS Communications, Inc., 2.29%, Jun 28, 2024 770 740 9.65%, Apr 08, 2022 200 174 2,270,000 The Bank of Nova Scotia, 907,000 TELUS Corp., 3.04%, Oct 18, 2024 2,291 2,283 5.05%, Dec 04, 2019 1,028 942 1,180,000 The Bank of Nova Scotia, 1,582,000 TELUS Corp., 2.62%, Dec 02, 2026 1,180 1,140 5.05%, Jul 23, 2020 1,675 1,658 620,000 The Bank of Nova Scotia, 480,000 TELUS Corp., 2.58%, Mar 30, 2027 606 604 2.35%, Mar 28, 2022 479 470 670,000 The Bank of Nova Scotia, 594,000 TELUS Corp., 3.10%, Feb 02, 2028 670 667 3.35%, Apr 01, 2024 583 597 250,000 The Empire Life Insurance Co., 860,000 TELUS Corp., 3.38%, Dec 16, 2026 250 251 3.75%, Jan 17, 2025 858 880 500,000 The Manufacturers Life Insurance Co., 200,000 TELUS Corp., 2.64%, Jan 15, 2025 500 501 3.75%, Mar 10, 2026 201 204 500,000 The Manufacturers Life Insurance Co., 90,000 TELUS Corp., 2.39%, Jan 05, 2026 500 495 3.63%, Mar 01, 2028 89 90 500,000 The Manufacturers Life Insurance Co., 539,000 TELUS Corp., 3.18%, Nov 22, 2027 500 504 4.40%, Apr 01, 2043 504 533 500,000 The Toronto-Dominion Bank, 370,000 TELUS Corp., 1.69%, Apr 02, 2020 500 494 5.15%, Nov 26, 2043 376 407 840,000 The Toronto-Dominion Bank, 2.56%, Jun 24, 2020 839 841

The accompanying notes are an integral part of the financial statements.

24 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 800,000 The Toronto-Dominion Bank, 100,000 Toyota Credit Canada, Inc., 2.05%, Mar 08, 2021 800 788 1.75%, Jul 21, 2021 100 97 1,750,000 The Toronto-Dominion Bank, 1,000,000 Toyota Credit Canada, Inc., 1,68%, Jun 08, 2021 1,753 1,707 2.02%, Feb 28, 2022 1,000 973 1,396,000 The Toronto-Dominion Bank, 150,000 Toyota Credit Canada, Inc., 2.62%, Dec 22, 2021 1,415 1,392 2.62%, Oct 11, 2022 150 148 3,130,000 The Toronto-Dominion Bank, 165,000 Toyota Credit Canada, Inc., 1.99%, Mar 23, 2022 3,111 3,045 2.70%, Jan 25, 2023 165 164 300,000 The Toronto-Dominion Bank, 575,000 TransCanada PipeLines Ltd., 3.01%, May 30, 2023 300 302 3.69%, Jul 19, 2023 603 592 2,110,000 The Toronto-Dominion Bank, 300,000 TransCanada PipeLines Ltd., 3.23%, Jul 24, 2024 2,148 2,141 3.30%, Jul 17, 2025 300 302 39,000 The Toronto-Dominion Bank, 570,000 TransCanada PipeLines Ltd., 9.15%, May 26, 2025 57 53 8.29%, Feb 05, 2026 680 753 815,000 The Toronto-Dominion Bank, 70,000 TransCanada PipeLines Ltd., 4.86%, Mar 04, 2031 899 877 7.90%, Apr 15, 2027 94 92 1,480,000 The Toronto-Dominion Bank, Deposit Note 450,000 TransCanada PipeLines Ltd., 1.91%, Jul 18, 2023 1,485 1,412 3.39%, Mar 15, 2028 450 448 1,075,000 The Toronto-Dominion Bank, FRN 185,000 TransCanada PipeLines Ltd., 2.69%, Jun 24, 2025 1,080 1,072 6.28%, May 26, 2028 211 224 700,000 The Toronto-Dominion Bank, FRN 542,000 TransCanada PipeLines Ltd., 2.98%, Sep 30, 2025 708 701 6.89%, Aug 07, 2028 685 684 1,050,000 The Toronto-Dominion Bank, FRN 384,000 TransCanada PipeLines Ltd., 3.22%, Jul 25, 2029 1,050 1,027 8.05%, Feb 17, 2039 536 586 120,000 The University of Western Ontario, 693,000 TransCanada PipeLines Ltd., 3.39%, Dec 04, 2057 120 120 4.55%, Nov 15, 2041 702 734 755,000 Thomson Reuters Corp., 510,000 TransCanada PipeLines Ltd., 4.35%, Sep 30, 2020 798 782 4.35%, Jun 06, 2046 509 526 400,000 Thomson Reuters Corp., 500,000 TransCanada PipeLines Ltd., 3.31%, Nov 12, 2021 400 405 4.33%, Sep 16, 2047 500 513 616,042 THP Partnership, 820,000 TransCanada PipeLines Ltd., 4.39%, Oct 31, 2046 648 661 4.18%, Jul 03, 2048 820 817 130,000 TMX Group Ltd., 150,000 Union Gas Ltd., 3.00%, Dec 11, 2024 130 129 2.76%, Jun 02, 2021 150 151 340,000 TMX Group Ltd., 175,000 Union Gas Ltd., 3.78%, Jun 05, 2028 340 348 8.65%, Nov 10, 2025 258 237 220,000 Toromont Industries Ltd., 100,000 Union Gas Ltd., 3.84%, Oct 27, 2027 220 223 2.81%, Jun 01, 2026 100 99 40,000 Toronto Hydro Corp., 250,000 Union Gas Ltd., 4.49%, Nov 12, 2019 43 41 2.88%, Nov 22, 2027 250 246 289,000 Toronto Hydro Corp., 517,000 Union Gas Ltd., 3.54%, Nov 18, 2021 300 298 6.05%, Sep 02, 2038 614 704 320,000 Toronto Hydro Corp., 411,000 Union Gas Ltd., 2.52%, Aug 25, 2026 320 310 5.20%, Jul 23, 2040 428 514 515,000 Toronto Hydro Corp., 206,000 Union Gas Ltd., 5.54%, May 21, 2040 646 677 4.88%, Jun 21, 2041 229 248 100,000 Toronto Hydro Corp., 500,000 Union Gas Ltd., 4.08%, Sep 16, 2044 100 110 4.20%, Jun 02, 2044 496 554 100,000 Toronto Hydro Corp., 100,000 Union Gas Ltd., 3.49%, Feb 28, 2048 100 100 3.80%, Jun 01, 2046 100 104 300,000 Toyota Credit Canada, Inc., 170,000 Union Gas Ltd., 2.48%, Nov 19, 2019 300 300 3.59%, Nov 22, 2047 170 171 1,125,000 Toyota Credit Canada, Inc., 21,003 University Health Network, 1.80%, Feb 19, 2020 1,127 1,113 5.64%, Dec 08, 2022 22 22

The accompanying notes are an integral part of the financial statements.

25 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 100,000 University of British Columbia, 70,000 York Region District School Board, 6.65%, Dec 01, 2031 124 136 6.55%, Apr 12, 2023 78 82 125,000 University of British Columbia, 150,000 York University, 4.82%, Jul 26, 2035 150 149 6.48%, Mar 07, 2042 171 223 110,000 University of Guelph, 350,000 York University, 6.24%, Oct 10, 2042 156 159 3.58%, May 26, 2056 350 361 200,000 University of Ottawa, 349,847 351,314 6.28%, Apr 15, 2043 264 295 210,000 University of Ottawa, Municipal Bonds 1.7% 3.26%, Oct 12, 2056 210 205 714,000 City of Montreal, 30,000 Vancouver Airport Authority, 5.45%, Dec 01, 2019 793 748 7.43%, Dec 07, 2026 40 40 60,000 City of Montreal, 300,000 Vancouver Airport Authority, 3.50%, Sep 01, 2023 58 62 3.86%, Nov 10, 2045 348 333 425,000 City of Montreal, 200,000 Ventas Canada Finance Ltd., 3.50%, Sep 01, 2024 447 442 3.30%, Feb 01, 2022 200 202 430,000 City of Montreal, 260,000 Ventas Canada Finance Ltd., 2.75%, Sep 01, 2026 429 424 2.55%, Mar 15, 2023 260 253 310,000 City of Montreal, 200,000 Ventas Canada Finance Ltd., 3.00%, Sep 01, 2027 310 310 4.13%, Sep 30, 2024 206 208 250,000 City of Montreal, 250,000 Veresen, Inc., 3.15%, Sep 01, 2028 250 252 3.43%, Nov 10, 2021 250 254 201,000 City of Montreal, 500,000 VW Credit Canada, Inc., 4.25%, Dec 01, 2032 203 226 2.90%, Mar 29, 2021 499 500 484,000 City of Montreal, 500,000 VW Credit Canada, Inc., 4.10%, Dec 01, 2034 505 539 3.25%, Mar 29, 2023 499 501 440,000 City of Montreal, 1,740,000 Wells Fargo Canada Corp., 3.15%, Dec 01, 2036 433 436 2.94%, Jul 25, 2019 1,753 1,751 210,000 City of Montreal, 940,000 Wells Fargo Canada Corp., 3.50%, Dec 01, 2038 210 218 3.04%, Jan 29, 2021 938 947 1,051,000 City of Montreal, 30,000 Westcoast Energy, Inc., 6.00%, Jun 01, 2043 1,289 1,546 9.90%, Jan 10, 2020 41 33 41,000 City of Ottawa, 1,051,000 Westcoast Energy, Inc., 4.60%, Jul 14, 2042 42 50 4.57%, Jul 02, 2020 1,107 1,090 700,000 City of Ottawa, 332,000 Westcoast Energy, Inc., 3.05%, Apr 23, 2046 697 679 3.88%, Oct 28, 2021 336 343 280,000 City of Ottawa, 90,000 Westcoast Energy, Inc., 3.10%, Jul 27, 2048 267 274 3.12%, Dec 05, 2022 85 91 536,000 City of Toronto, 150,000 Westcoast Energy, Inc., 4.50%, Dec 02, 2019 551 554 8.85%, Jul 21, 2025 189 200 580,000 City of Toronto, 288,000 Westcoast Energy, Inc., 3.50%, Dec 06, 2021 605 600 7.15%, Mar 20, 2031 352 377 275,000 City of Toronto, 240,000 Westcoast Energy, Inc., 3.90%, Sep 29, 2023 276 291 4.79%, Oct 28, 2041 231 264 300,000 City of Toronto, 500,000 WestJet Airlines Ltd., 3.40%, May 21, 2024 299 310 3.29%, Jul 23, 2019 500 504 300,000 City of Toronto, 30,000 Winnipeg Airport Authority, Inc., 2.45%, Feb 06, 2025 299 293 4.57%, Nov 20, 2019 32 31 310,000 City of Toronto, 216,491 Winnipeg Airport Authority, Inc., 2.40%, Jun 24, 2026 310 299 5.21%, Sep 28, 2040 256 255 310,000 City of Toronto, 177,527 Winnipeg Airport Authority, Inc., 2.40%, Jun 07, 2027 309 296 6.10%, Nov 20, 2040 209 227 200,000 City of Toronto, 370,000 Winnipeg Airport Authority, Inc., 2.95%, Apr 28, 2035 199 194 3.66%, Sep 30, 2047 370 391

The accompanying notes are an integral part of the financial statements.

26 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 180,000 City of Toronto, Global 0.5% 3.50%, Jun 02, 2036 179 187 Corporate Bonds 0.3% 1,260,000 City of Toronto, 500,000 Asian Development Bank, 5.20%, Jun 01, 2040 1,420 1,648 1.38%, Jun 11, 2020 499 493 237,000 City of Toronto, 1,198,000 Asian Development Bank, 4.70%, Jun 10, 2041 264 294 4.65%, Feb 16, 2027 1,286 1,359 60,000 City of Toronto, 1,300,000 International Bank for Reconstruction & 3.80%, Dec 13, 2042 54 66 Development, 250,000 City of Toronto, 1.25%, Mar 18, 2021 1,290 1,272 4.15%, Mar 10, 2044 248 290 370,000 International Bank for Reconstruction & 470,000 City of Toronto, Development, 3.25%, Jun 24, 2046 457 472 2.25%, Jan 17, 2023 368 368 300,000 City of Vancouver, 3,443 3,492 4.50%, Jun 01, 2020 332 313 470,000 City of Vancouver, Supranational Bonds 0.2% 3.45%, Dec 02, 2021 504 486 600,000 Inter-American Development Bank, 162,000 City of Winnipeg, 1.88%, Mar 20, 2020 598 598 4.30%, Nov 15, 2051 164 193 1,117,000 Inter-American Development Bank, 450,000 Municipal Finance Authority of British 4.40%, Jan 26, 2026 1,139 1,237 Columbia, 1,737 1,835 1.65%, Apr 19, 2021 449 442 5,180 5,327 811,000 Municipal Finance Authority of British Columbia, United States 0.0% 4.15%, Jun 01, 2021 890 852 Corporate Bonds 0.0% 230,000 Municipal Finance Authority of British 446,000 Manulife Finance Delaware LP, Columbia, 5.06%, Dec 15, 2041 397 502 2.15%, Dec 01, 2022 230 226 1,134,934 1,132,317 26,000 Regional Municipality of Halton, SHORT-TERM INVESTMENTS 0.0% 4.05%, Oct 11, 2041 24 29 390,000 Merit Trust, 120,000 Regional Municipality of Peel, 0.72%, Jul 03, 2018 390 390 2.30%, Nov 02, 2026 120 114 275,000 Regional Municipality of Peel, Investments 1,135,324 1,132,707 4.25%, Dec 02, 2033 274 310 Transaction costs - 1,060,000 Regional Municipality of Peel, 5.10%, Jun 29, 2040 1,148 1,370 Total investments 1,135,324 1,132,707 56,000 Regional Municipality of Peel, Other assets less liabilities 0.4% 4,024 3.85%, Oct 30, 2042 51 62 Net assets attributable to unitholders 1,070,000 The Regional Municipality of York, 100.0% 1,136,731 4.00%, Jun 30, 2021 1,137 1,119 133,000 The Regional Municipality of York, 2.60%, Dec 15, 2025 132 131 120,000 The Regional Municipality of York, 2.50%, Jun 02, 2026 123 117 770,000 The Regional Municipality of York, 4.00%, May 31, 2032 772 843 387,000 The Regional Municipality of York, 3.65%, May 13, 2033 380 409 400,000 The Regional Municipality of York, 4.05%, May 01, 2034 429 443 18,000 The Regional Municipality of York, 4.15%, Nov 18, 2041 17 21 18,579 19,480 1,129,357 1,126,488

The accompanying notes are an integral part of the financial statements.

27 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN BOND INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Provincial Bonds 33.7 32.1 Federal Bonds 32.8 33.8 Corporate Bonds 30.9 31.1 Municipal Bonds 1.7 2.0 Global Corporate Bonds 0.3 0.3 Supranational Bonds 0.2 0.2 Short-Term Investments - 0.1 Other assets less liabilities 0.4 0.4 100.0 100.0

The accompanying notes are an integral part of the financial statements.

28 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

Assets Income Current assets Interest for distribution purposes 7,914 5,154 Investments, at fair value 518,447 528,158 Foreign exchange gain (loss) on currency 139 (21) Cash 878 3,482 Realized gain (loss) on sales of investments (1,667) 72 Margin deposited on derivatives 1,061 139 Realized gain (loss) on derivatives 143 (137) Subscriptions receivable - 68 Change in unrealized appreciation (depreciation) Receivable from investments sold - 3,084 in the value of investments (2,708) 2,738 Interest, dividends and other receivables 2,848 2,849 Change in unrealized appreciation (depreciation) Derivative assets 9 344 in the value of derivatives (595) 379 523,243 538,124 3,226 8,185 Expenses Liabilities Audit fees 2 3 Current liabilities Transfer agent fees 1 2 Redemptions payable 73 73 Filing fees 23 - Payable on investments purchased 435 2,917 Unitholder reporting costs 28 2 Accrued expenses and other liabilities 19 41 Custodial fees 19 53 Derivative liabilities 321 61 Transaction costs 3 1 848 3,092 76 61 Net assets attributable to unitholders 522,395 535,032 Less operating expenses absorbed by manager - (6) Net assets attributable to unitholders per unit Net operating expenses 76 55 10.60 10.53 Increase (decrease) in net assets attributable to unitholders 3,150 8,130 Increase (decrease) in net assets attributable to unitholders per unit 0.07 0.27

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Core Bernard Letendre Warren Thomson Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

29 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 3,150 8,130 Net assets attributable to unitholders - beginning of Adjustments for: period 535,032 310,868 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (87) (6) unitholders 3,150 8,130 Realized gain (loss) on sales of investments 1,667 (72) Security Transactions Realized gain (loss) on derivatives (143) 137 Proceeds from units issued 11,646 61,165 Change in unrealized appreciation (depreciation) Redemption of units (27,433) (51,905) in the value of investments 2,708 (2,738) Total security transactions (15,787) 9,260 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 522,395 328,258 in the value of derivatives 595 (379) Purchases of investments (555,733) (391,446) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 561,814 374,360 Units outstanding beginning of period 50,811 29,696 Margin deposited on derivatives (922) 41 Units issued 1,114 5,722 Receivable from Manager - (5) Units issued for reinvestment of distributions - - Interest, dividends and other receivables 1 57 Units redeemed (2,621) (4,854) Accrued expenses and other liabilities (22) 1 Units outstanding end of period 49,304 30,564 Net cash provided by (used in) operating activities 13,028 (11,920) Cash flows from financing activities Proceeds from sale of units 11,714 61,272 Payments for units redeemed (27,433) (51,923) Net cash provided by (used in) financing activities (15,719) 9,349 Change in unrealized foreign exchange gain (loss) on currency 87 6 Net increase (decrease) in cash (2,691) (2,565) Cash (bank overdraft) beginning of period 3,482 1,800 Cash (bank overdraft) end of period 878 (765) Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 7,915 5,211

The accompanying notes are an integral part of the financial statements.

30 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) BONDS 98.9% Canada 90.6% 2,500,000 Bell Canada, Inc., Corporate Bonds 38.3% 3.55%, Mar 02, 2026 2,517 2,515 487,000 407 International, Inc., 910,000 Bell Canada, Inc., 5.75%, Feb 14, 2036 579 627 3.60%, Sep 29, 2027 907 911 145,000 407 International, Inc., 272,000 Bell Canada, Inc., 4.45%, Nov 15, 2041 152 166 7.85%, Apr 02, 2031 360 376 273,000 407 International, Inc., 113,000 Bell Canada, Inc., 4.19%, Apr 25, 2042 274 302 6.10%, Mar 16, 2035 119 140 975,000 407 International, Inc., 937,000 Bell Canada, Inc., 3.65%, Sep 08, 2044 958 997 4.75%, Sep 29, 2044 915 996 530,000 407 International, Inc., 825,000 Bell Canada, Inc., 3.72%, May 11, 2048 530 549 2.70%, Feb 27, 2047 841 802 183,000 Aeroports De Montreal, 228,000 British Columbia Ferry Services, Inc., 3.92%, Sep 26, 2042 183 201 4.70%, Oct 23, 2043 248 278 610,000 Alberta Powerline LP, 158,000 British Columbia Ferry Services, Inc., 4.07%, Dec 01, 2053 610 654 4.29%, Apr 28, 2044 161 182 154,000 Alectra, Inc., 1,000,000 Brookfield Asset Management, Inc., 3.96%, Jul 30, 2042 154 165 5.04%, Mar 08, 2024 1,099 1,077 307,566 Alliance Pipeline LP, 575,000 Brookfield Asset Management, Inc., 7.18%, Jun 30, 2023 339 342 3.80%, Mar 16, 2027 575 573 204,000 AltaGas Ltd., 364,000 Brookfield Renewable Partners ULC, 3.57%, Jun 12, 2023 204 206 4.79%, Feb 07, 2022 396 385 1,434,000 AltaGas Ltd., 351,000 Cadillac Fairview Finance Trust, 4.40%, Mar 15, 2024 1,516 1,498 4.31%, Jan 25, 2021 353 367 1,171,000 AltaGas Ltd., 3,500,000 Caisse Centrale Desjardins, 3.84%, Jan 15, 2025 1,185 1,186 1.75%, Mar 02, 2020 3,461 3,458 260,000 AltaGas Ltd., 560,000 Canadian Imperial Bank of Commerce, 3.98%, Oct 04, 2027 260 262 1.90%, Apr 26, 2021 561 548 196,000 AltaGas Ltd., 1,500,000 Canadian Imperial Bank of Commerce, 4.50%, Aug 15, 2044 196 191 2.04%, Mar 21, 2022 1,480 1,461 310,000 AltaGas Ltd., 405,000 Canadian Imperial Bank of Commerce, FRN 4.99%, Oct 04, 2047 310 324 3.42%, Jan 26, 2026 415 408 1,500,000 AltaLink LP, 445,000 Canadian Imperial Bank of Commerce, FRN 2.75%, May 29, 2026 1,507 1,478 3.45%, Apr 04, 2028 445 442 251,000 AltaLink LP, 1,064,131 Canadian Mortgage Pools, 5.25%, Sep 22, 2036 276 310 1.85%, Jun 01, 2019 1,060 1,063 485,000 AltaLink LP, 105,000 Canadian National Railway Co., 3.72%, Dec 03, 2046 504 502 3.60%, Aug 01, 2047 104 106 4,553,000 Bank of Montreal, 1,030,000 Canadian Western Bank, 2.84%, Jun 04, 2020 4,666 4,579 2.88%, Mar 01, 2021 1,032 1,029 1,500,000 Bank of Montreal, 474,000 Capital Desjardins, Inc., 2.10%, Oct 06, 2020 1,492 1,483 5.19%, May 05, 2020 510 496 500,000 Bank of Montreal, 3,141,000 CDP Financial, Inc., 1.61%, Oct 28, 2021 500 482 4.60%, Jul 15, 2020 3,218 3,286 2,600,000 Bank of Montreal, 1,389,000 Central 1 Credit Union, 2.12%, Mar 16, 2022 2,593 2,539 1.87%, Mar 16, 2020 1,390 1,370 1,400,000 Bank of Montreal, 975,000 Central 1 Credit Union, 2.27%, Jul 11, 2022 1,400 1,370 2.60%, Nov 07, 2022 975 955 1,760,000 Bank of Montreal, 845,000 Chartwell Retirement Residences, 2.70%, Sep 11, 2024 1,760 1,730 4.21%, Apr 28, 2025 847 859 719,000 Bank of Montreal, 1,496,000 Choice Properties LP, 3.12%, Sep 19, 2024 723 723 3.60%, Sep 20, 2022 1,539 1,519 405,000 Bank of Montreal, 225,000 Choice Properties REIT, 3.32%, Jun 01, 2026 413 407 4.90%, Jul 05, 2023 248 240

The accompanying notes are an integral part of the financial statements.

31 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 206,000 Cominar REIT, 562,000 Ford Credit Canada Ltd., 3.62%, Jun 21, 2019 206 207 2.58%, May 10, 2021 562 553 180,000 CT REIT, 631,000 Ford Credit Canada Ltd., 3.87%, Dec 07, 2027 180 179 3.28%, Jul 02, 2021 631 632 702,000 CU, Inc., 199,000 FortisAlberta, Inc., 3.81%, Sep 10, 2042 662 732 5.37%, Oct 30, 2039 202 253 440,000 CU, Inc., 160,000 FortisAlberta, Inc., 3.55%, Nov 22, 2047 440 441 3.67%, Sep 09, 2047 160 164 158,000 CU, Inc., 225,000 FortisBC Energy, Inc., 4.56%, Nov 07, 2053 169 187 6.50%, May 01, 2034 252 307 162,000 Enbridge Gas Distribution, Inc., 368,000 FortisBC Energy, Inc., 5.21%, Feb 25, 2036 187 197 5.55%, Sep 25, 2036 437 469 500,000 Enbridge Gas Distribution, Inc., 285,000 FortisBC Energy, Inc., 4.00%, Aug 22, 2044 519 537 3.69%, Oct 30, 2047 285 292 259,000 Enbridge Income Fund, 1,076,000 General Motors Financial of Canada Ltd., 3.95%, Nov 19, 2024 272 265 3.08%, May 22, 2020 1,072 1,080 929,000 Enbridge Pipelines, Inc., 573,000 Genworth MI Canada, Inc., 3.00%, Aug 10, 2026 929 907 5.68%, Jun 15, 2020 588 600 175,000 Enbridge Pipelines, Inc., 630,000 Greater Toronto Airports Authority, 5.33%, Apr 06, 2040 208 205 5.30%, Feb 25, 2041 825 835 263,000 Enbridge Pipelines, Inc., 599,000 Great-West Lifeco, Inc., 4.55%, Sep 29, 2045 261 282 4.65%, Aug 13, 2020 667 624 325,000 Enbridge Pipelines, Inc., 325,000 Health Montreal Collective LP, 4.13%, Aug 09, 2046 328 326 6.72%, Sep 30, 2049 418 436 204,717 Enbridge Southern Lights LP, 135,628 Hospital Infrastructure Partners NOH 4.01%, Jun 30, 2040 215 201 Partnership, 5,883,000 Enbridge, Inc., 5.44%, Jan 31, 2045 155 158 3.19%, Dec 05, 2022 5,977 5,896 136,000 HSBC Bank Canada, 2,000,000 Enbridge, Inc., FRN 2.08%, Nov 26, 2018 137 136 5.38%, Sep 27, 2077 1,937 1,903 7,449,000 HSBC Bank Canada, 975,000 Enbridge, Inc., FRN 2.91%, Sep 29, 2021 7,512 7,453 6.63%, Apr 12, 2078 990 1,006 2,500,000 HSBC Bank Canada, 193,000 Énergir, Inc., 2.17%, Jun 29, 2022 2,479 2,425 5.70%, Jul 10, 2036 198 250 405,000 HSBC Bank Canada, 228,000 EPCOR Utilities, Inc., 2.54%, Jan 31, 2023 405 396 5.75%, Nov 24, 2039 234 302 200,000 Husky Energy, Inc., 355,000 EPCOR Utilities, Inc., 3.60%, Mar 10, 2027 200 199 3.55%, Nov 27, 2047 355 355 485,000 Hydro One, Inc., 716,000 Fairfax Financial Holdings Ltd., 5.49%, Jul 16, 2040 494 622 5.84%, Oct 14, 2022 747 785 494,000 Hydro One, Inc., 390,000 Fairfax Financial Holdings Ltd., 4.59%, Oct 09, 2043 533 573 4.70%, Dec 16, 2026 389 402 200,000 Hydro One, Inc., 580,000 Fairfax Financial Holdings Ltd., 5.00%, Oct 19, 2046 257 249 4.25%, Dec 06, 2027 580 573 193,000 Hydro-Québec, USD 530,000 Fairfax Financial Holdings Ltd., 11.00%, Aug 15, 2020 288 228 4.85%, Apr 17, 2028 667 691 440,000 Inter Pipeline Ltd., 765,000 First Capital Realty, Inc., 3.48%, Dec 16, 2026 440 432 3.95%, Dec 05, 2022 759 784 600,000 Ivanhoe Cambridge II, Inc., 3,705,000 Ford Credit Canada Co., 2.91%, Jun 27, 2023 600 599 2.77%, Jun 22, 2022 3,670 3,614 265,000 Keyera Corp., 460,000 Ford Credit Canada Co., 3.93%, Jun 21, 2028 265 265 3.35%, Sep 19, 2022 460 458 299,000 Manitoba Telecom Services, Inc., 435,000 Ford Credit Canada Co., 4.00%, May 27, 2024 299 309 3.74%, May 08, 2023 435 437

The accompanying notes are an integral part of the financial statements.

32 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 715,000 Manulife Bank of Canada, 85,000 Pembina Pipeline Corp., 1.92%, Sep 01, 2021 715 696 4.74%, Jan 21, 2047 85 87 1,775,000 Manulife Bank of Canada, 228,000 Plenary Health Care Partnerships 2.08%, May 26, 2022 1,775 1,724 Humber LP, 790,000 Manulife Financial Corp., 4.82%, Nov 30, 2044 239 271 3.32%, May 09, 2028 790 794 535,680 Plenary Properties LTAP LP, 2,500,000 Manulife Financial Corp., FRN 6.29%, Jan 31, 2044 679 704 3.05%, Aug 20, 2029 2,504 2,452 1,147,000 Reliance LP, 714,000 McGill University Health Centre, 3.81%, Sep 15, 2020 1,147 1,166 5.36%, Dec 31, 2043 724 935 575,000 Reliance LP, 415,000 Morguard Corp., 3.84%, Mar 15, 2025 575 571 4.09%, May 14, 2021 416 418 2,500,000 RioCan REIT, 565,000 Morguard Corp., 3.75%, May 30, 2022 2,564 2,555 4.33%, Sep 15, 2022 568 571 1,680,000 RioCan REIT, 219,000 Muskrat Falls / Labrador Transmission 2.83%, Oct 03, 2022 1,680 1,656 Assets Funding Trust, 210,000 RioCan REIT, 3.63%, Jun 01, 2029 234 237 3.21%, Sep 29, 2023 210 209 1,267,000 National Bank of Canada, 473,000 Rogers Communications, Inc., 1.74%, Mar 03, 2020 1,263 1,252 4.00%, Mar 13, 2024 481 493 1,500,000 National Bank of Canada, 392,000 Rogers Communications, Inc., 1.81%, Jul 26, 2021 1,480 1,460 6.56%, Mar 22, 2041 476 516 440,000 National Bank of Canada, FRN 1,876,000 Royal Bank of Canada, 3.18%, Feb 01, 2028 440 431 2.86%, Mar 04, 2021 1,881 1,885 200,000 Nissan Canada Financial Services, Inc., 1,144,000 Royal Bank of Canada, 1.75%, Apr 09, 2020 200 197 2.03%, Mar 15, 2021 1,155 1,125 4,335,000 Nissan Canada Financial Services, Inc., 839,000 Royal Bank of Canada, 2.42%, Oct 19, 2020 4,343 4,301 1.65%, Jul 15, 2021 817 813 830,000 Nissan Canada Financial Services, Inc., 4,000,000 Royal Bank of Canada, 2.61%, Mar 05, 2021 830 825 2.33%, Dec 05, 2023 3,942 3,876 429,054 North Battleford Power LP, 3,620,000 Royal Bank of Canada, 4.96%, Dec 31, 2032 485 468 2.48%, Jun 04, 2025 3,618 3,594 504,897 Northwestconnect Group Partnership, 405,000 Royal Bank of Canada, 5.95%, Apr 30, 2041 627 597 3.45%, Sep 29, 2026 415 408 347,000 Nova Scotia Power, Inc., 1,337,000 Royal Bank of Canada, FRN 4.15%, Mar 06, 2042 347 374 3.04%, Jul 17, 2024 1,356 1,343 281,000 OMERS Realty Corp., 1,195,000 Royal Bank of Canada, FRN 2.97%, Apr 05, 2021 281 283 3.31%, Jan 20, 2026 1,207 1,203 351,000 OMERS Realty Corp., 228,000 Scotiabank Capital Trust, FRN 3.33%, Nov 12, 2024 351 357 5.65%, Dec 31, 2056 273 277 790,000 OMERS Realty Corp., 2,631,000 Shaw Communications, Inc., 3.24%, Oct 04, 2027 790 793 4.35%, Jan 31, 2024 2,815 2,754 723,000 OPB Finance Trust, 1,000,000 Smart REIT, 1.88%, Feb 24, 2022 710 706 4.05%, Jul 27, 2020 1,045 1,024 400,000 OPB Finance Trust, 421,000 Smart REIT, 2.98%, Jan 25, 2027 400 400 3.75%, Feb 11, 2021 424 429 600,000 Pembina Pipeline Corp., 669,000 Smart REIT, 4.89%, Mar 29, 2021 648 631 3.56%, Feb 06, 2025 672 659 405,000 Pembina Pipeline Corp., 1,300,000 SmartCentres Real Estate Investment Trust, 2.99%, Jan 22, 2024 402 398 2.88%, Mar 21, 2022 1,300 1,283 860,000 Pembina Pipeline Corp., 485,000 SNC-Lavalin Group, Inc., 3.71%, Aug 11, 2026 879 863 2.69%, Nov 24, 2020 485 483 1,434,000 Pembina Pipeline Corp., 471,475 SNC-Lavalin Innisfree McGill Finance, Inc., 4.24%, Jun 15, 2027 1,434 1,486 6.63%, Jun 30, 2044 584 609

The accompanying notes are an integral part of the financial statements.

33 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,893,000 Sun Life Financial, Inc., 304,000 TransCanada PipeLines Ltd., 4.57%, Aug 23, 2021 3,144 3,050 6.28%, May 26, 2028 324 367 3,305,000 Sun Life Financial, Inc., 810,000 TransCanada PipeLines Ltd., 2.60%, Sep 25, 2025 3,314 3,288 4.33%, Sep 16, 2047 814 832 840,000 Sun Life Financial, Inc., 435,000 TransCanada PipeLines Ltd., 2.75%, Nov 23, 2027 840 828 4.18%, Jul 03, 2048 435 433 469,000 TCHC Issuer Trust, 700,000 Union Gas Ltd., 4.88%, May 11, 2037 457 567 4.20%, Jun 02, 2044 745 775 248,000 TELUS Communications, Inc., 170,000 Union Gas Ltd., 8.80%, Sep 22, 2025 323 326 3.59%, Nov 22, 2047 170 171 330,000 TELUS Corp., 3,000,000 Ventas Canada Finance Ltd., 3.60%, Jan 26, 2021 338 337 3.30%, Feb 01, 2022 3,051 3,025 850,000 TELUS Corp., 1,250,000 Ventas Canada Finance Ltd., 3.35%, Apr 01, 2024 897 855 2.55%, Mar 15, 2023 1,258 1,218 849,000 TELUS Corp., 956,000 VW Credit Canada, Inc., 3.75%, Jan 17, 2025 860 868 2.90%, Mar 29, 2021 955 955 3,409,000 TELUS Corp., 136,821 Winnipeg Airport Authority, Inc., 3.75%, Mar 10, 2026 3,513 3,469 5.21%, Sep 28, 2040 150 161 373,000 TELUS Corp., 85,000 Winnipeg Airport Authority, Inc., 5.15%, Nov 26, 2043 385 411 3.66%, Sep 30, 2047 85 90 95,000 TELUS Corp., 200,102 199,970 4.75%, Jan 17, 2045 92 99 129,000 The 55 Ontario School Board Trust, Provincial Bonds 32.0% 5.90%, Jun 02, 2033 169 169 1,253,000 Financement-Québec, 3,120,000 The Bank of Nova Scotia, 5.25%, Jun 01, 2034 1,579 1,600 2.09%, Sep 09, 2020 3,123 3,085 90,000 First Nations Finance Authority, 6,519,000 The Bank of Nova Scotia, 3.40%, Jun 26, 2024 95 93 3.27%, Jan 11, 2021 6,660 6,612 669,000 Hydro-Québec, 1,130,000 The Bank of Nova Scotia, 5.00%, Feb 15, 2045 700 916 1.90%, Dec 02, 2021 1,120 1,097 191,000 Labrador-Island Link Funding Trust, 3,095,000 The Bank of Nova Scotia, 3.76%, Jun 01, 2033 218 212 1.83%, Apr 27, 2022 2,992 2,983 1,981,000 Municipal Finance Authority of British 520,000 The Bank of Nova Scotia, Columbia, 2.98%, Apr 17, 2023 520 521 4.45%, Jun 01, 2020 2,211 2,065 800,000 The Bank of Nova Scotia, 1,994,000 Municipal Finance Authority of British 2.29%, Jun 28, 2024 800 768 Columbia, 295,000 The Empire Life Insurance Co., FRN 3.75%, Sep 26, 2023 2,072 2,105 3.66%, Mar 15, 2028 295 297 921,000 Municipal Finance Authority of British 837,000 The Manufacturers Life Insurance Co., Columbia, 3.18%, Nov 22, 2027 837 843 4.95%, Dec 01, 2027 1,081 1,075 5,952,000 The Toronto-Dominion Bank, 451,000 Municipal Finance Authority of British 2.45%, Apr 02, 2019 6,001 5,969 Columbia, 3,150,000 The Toronto-Dominion Bank, 3.05%, Oct 23, 2028 451 454 2.56%, Jun 24, 2020 3,197 3,153 729,772 New Brunswick F-M Project Co., Inc., 3,030,000 The Toronto-Dominion Bank, 6.47%, Nov 30, 2027 886 850 2.05%, Mar 08, 2021 3,042 2,984 772,000 Ontario Electricity Financial Corp., 2,736,000 The Toronto-Dominion Bank, FRN 8.90%, Aug 18, 2022 1,111 964 2.69%, Jun 24, 2025 2,756 2,727 381,033 Ontario School Boards Financing Corp., 825,000 The Toronto-Dominion Bank, FRN 6.55%, Oct 19, 2026 474 437 3.22%, Jul 25, 2029 827 807 692,980 Ontario School Boards Financing Corp., 440,000 Toromont Industries Ltd., 5.38%, Jun 25, 2032 719 783 3.84%, Oct 27, 2027 440 446 3,000,000 Province of Alberta, 215,000 Toronto Hydro Corp., 2.35%, Jun 01, 2025 2,944 2,942 3.49%, Feb 28, 2048 215 216

The accompanying notes are an integral part of the financial statements.

34 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 869,000 Province of Alberta, 2,283,000 Province of Nova Scotia, 3.45%, Dec 01, 2043 820 939 4.40%, Jun 01, 2042 2,715 2,798 7,342,000 Province of Alberta, 489,000 Province of Ontario, 3.05%, Dec 01, 2048 7,077 7,444 1.95%, Jan 27, 2023 486 479 8,392,000 Province of British Columbia, 3,776,000 Province of Ontario, 2.85%, Jun 18, 2025 8,503 8,539 2.85%, Jun 02, 2023 3,799 3,832 1,235,000 Province of British Columbia, 8,239,000 Province of Ontario, 2.55%, Jun 18, 2027 1,220 1,220 3.50%, Jun 02, 2024 8,766 8,634 234,000 Province of British Columbia, 20,846,000 Province of Ontario, 6.35%, Jun 18, 2031 333 323 2.60%, Jun 02, 2025 21,131 20,735 730,000 Province of British Columbia, 3,236,000 Province of Ontario, 4.70%, Jun 18, 2037 903 922 2.40%, Jun 02, 2026 3,230 3,155 2,889,000 Province of British Columbia, 2,489,000 Province of Ontario, 4.95%, Jun 18, 2040 3,442 3,848 2.90%, Jun 02, 2028 2,463 2,499 466,000 Province of British Columbia, 450,000 Province of Ontario, 2.80%, Jun 18, 2048 432 458 6.50%, Mar 08, 2029 602 598 860,000 Province of British Columbia Interest Strip, 4,069,000 Province of Ontario, zero coupon, Dec 18, 2023 731 744 4.70%, Jun 02, 2037 4,902 5,065 3,000,000 Province of Manitoba, 1,754,000 Province of Ontario, 3.30%, Jun 02, 2024 3,267 3,109 4.60%, Jun 02, 2039 2,110 2,186 1,814,000 Province of Manitoba, 50,000 Province of Ontario, 2.55%, Jun 02, 2026 1,781 1,783 3.45%, Jun 02, 2045 54 54 4,389,000 Province of Manitoba, 11,559,000 Province of Ontario, 2.60%, Jun 02, 2027 4,311 4,301 2.80%, Jun 02, 2048 10,738 11,102 403,000 Province of Manitoba, 2,267,000 Province of Ontario, 4.10%, Mar 05, 2041 420 468 2.90%, Jun 02, 2049 2,141 2,223 1,336,000 Province of Manitoba, 1,994,000 Province of Ontario Generic Strip Residual, 4.05%, Sep 05, 2045 1,447 1,568 zero coupon, Jun 02, 2045 835 897 669,000 Province of Manitoba, 1,775,000 Province of Quebec, 2.85%, Sep 05, 2046 624 638 4.50%, Dec 01, 2020 2,059 1,872 433,000 Province of Manitoba, 1,385,000 Province of Quebec, 3.40%, Sep 05, 2048 442 460 4.25%, Dec 01, 2021 1,535 1,472 1,494,000 Province of Manitoba, Class B 884,000 Province of Quebec, 3.00%, Jun 02, 2028 1,483 1,507 3.50%, Dec 01, 2022 973 923 1,000,000 Province of New Brunswick, 459,000 Province of Quebec, 2.35%, Aug 14, 2027 951 955 2.45%, Mar 01, 2023 458 460 367,000 Province of New Brunswick, 742,000 Province of Quebec, 3.10%, Aug 14, 2028 366 371 3.00%, Sep 01, 2023 776 759 954,000 Province of New Brunswick, 3,789,000 Province of Quebec, 5.50%, Jan 27, 2034 1,177 1,232 3.75%, Sep 01, 2024 4,073 4,035 455,000 Province of New Brunswick, 4,000,000 Province of Quebec, 3.10%, Aug 14, 2048 448 449 2.75%, Sep 01, 2025 4,025 4,023 374,000 Province of Newfoundland and Labrador, 591,000 Province of Quebec, 2.85%, Jun 02, 2028 373 370 2.75%, Sep 01, 2028 579 588 394,000 Province of Newfoundland and Labrador, 574,000 Province of Quebec, 5.70%, Oct 17, 2035 448 526 6.00%, Oct 01, 2029 772 746 267,000 Province of Nova Scotia, 429,000 Province of Quebec, 4.10%, Jun 01, 2021 284 281 6.25%, Jun 01, 2032 509 591 2,794,000 Province of Nova Scotia, 4,356,000 Province of Quebec, 2.10%, Jun 01, 2027 2,636 2,636 5.00%, Dec 01, 2038 5,646 5,701 206,000 Province of Nova Scotia, 1,028,000 Province of Quebec, 5.80%, Jun 01, 2033 275 275 4.25%, Dec 01, 2043 1,259 1,260 556,000 Province of Nova Scotia, 2,685,000 Province of Quebec, 4.50%, Jun 01, 2037 538 673 3.50%, Dec 01, 2045 2,781 2,948

The accompanying notes are an integral part of the financial statements.

35 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 5,927,000 Province of Quebec, 4,049,000 Canadian Government Bond, 3.50%, Dec 01, 2048 6,382 6,568 5.00%, Jun 01, 2037 5,803 5,790 6,487,000 Province of Quebec Residual Strip, 3,514,000 Canadian Government Bond, zero coupon, Dec 01, 2043 2,732 3,094 3.50%, Dec 01, 2045 4,679 4,438 291,000 Province of Saskatchewan, 285,405 Canadian Government Bond, 3.20%, Jun 03, 2024 291 300 1.34%, Dec 01, 2047 350 347 2,750,000 Province of Saskatchewan, 15,885,000 Canadian Government Bond, 2.55%, Jun 02, 2026 2,752 2,714 2.75%, Dec 01, 2048 17,175 17,806 351,000 Province of Saskatchewan, 453,000 Canadian Government Bond, 5.80%, Sep 05, 2033 461 473 2.00%, Dec 01, 2051 402 432 384,000 Province of Saskatchewan, 3,426,000 Canadian Government Bond, 5.60%, Sep 05, 2035 432 519 2.75%, Dec 01, 2064 3,875 4,008 207,000 Province of Saskatchewan, 2,655,852 Canadian Government Real Return Bond, 5.00%, Mar 05, 2037 218 266 6.33%, Dec 01, 2026 3,537 3,508 1,088,000 Province of Saskatchewan, 860,000 CPPIB Capital Inc, 4.75%, Jun 01, 2040 1,306 1,393 3.00%, Jun 15, 2028 860 870 316,000 Province of Saskatchewan, 1,000,000 Export Development Canada, 3.40%, Feb 03, 2042 303 337 1.80%, Sep 01, 2022 999 981 79,000 Province of Saskatchewan, 2,400,000 PSP Capital, Inc., 2.75%, Dec 02, 2046 75 75 1.34%, Aug 18, 2021 2,399 2,329 1,184,000 Province of Saskatchewan, 334,000 PSP Capital, Inc., 3.30%, Jun 02, 2048 1,202 1,260 1.73%, Jun 21, 2022 334 325 195,484 Royal Office Finance LP, 2,667,000 PSP Capital, Inc., 5.21%, Nov 12, 2032 222 232 2.09%, Nov 22, 2023 2,661 2,600 1,467,000 PSP Capital, Inc., 165,066 167,401 3.29%, Apr 04, 2024 1,593 1,519 Federal Bonds 17.3% 253,000 Canada Housing Trust No. 1, 90,424 90,405 1.25%, Jun 15, 2021 255 246 Municipal Bonds 3.0% 2,235,000 Canada Housing Trust No. 1, 462,000 City of Montreal, 2.40%, Dec 15, 2022 2,272 2,241 5.45%, Dec 01, 2019 498 484 2,765,000 Canada Housing Trust No. 1, 1,732,000 City of Montreal, 2.35%, Jun 15, 2023 2,767 2,762 4.50%, Dec 01, 2021 1,902 1,850 3,000,000 Canada Housing Trust No. 1, 1,007,000 City of Montreal, 1.95%, Dec 15, 2025 2,914 2,888 3.50%, Sep 01, 2024 1,005 1,048 1,000,000 Canada Housing Trust No. 1, 325,000 City of Montreal, 2.25%, Dec 15, 2025 997 983 2.75%, Sep 01, 2026 324 320 2,000,000 Canada Housing Trust No. 1, 1,572,000 City of Montreal, 1.90%, Sep 15, 2026 1,916 1,909 3.00%, Sep 01, 2027 1,569 1,570 20,335,000 Canada Housing Trust No. 1, 426,000 City of Montreal, 2.35%, Jun 15, 2027 20,334 20,018 3.15%, Sep 01, 2028 426 430 905,000 Canada Housing Trust No. 1, 966,000 City of Montreal, 2.35%, Mar 15, 2028 884 889 4.25%, Dec 01, 2032 1,046 1,084 5,915,000 Canada Housing Trust No. 1, 485,000 City of Montreal, 2,65%, Mar 15, 2028 5,824 5,960 3.50%, Dec 01, 2038 485 504 2,000,000 Canadian Government Bond, 119,000 City of Ottawa, 0.75%, Mar 01, 2021 1,946 1,937 3.10%, Jul 27, 2048 113 117 3,270,000 Canadian Government Bond, 812,000 City of Toronto, 2.75%, Jun 01, 2022 3,395 3,358 3.40%, May 21, 2024 809 840 780,000 Canadian Government Bond, 1,000,000 City of Toronto, 2.50%, Jun 01, 2024 794 797 2.40%, Jun 07, 2027 997 955 1,011,000 Canadian Government Bond, 277,000 City of Toronto, 5.75%, Jun 01, 2033 1,459 1,464 5.20%, Jun 01, 2040 292 362

The accompanying notes are an integral part of the financial statements.

36 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 412,000 City of Toronto, USD 2,186,000 United States Treasury Note, 4.70%, Jun 10, 2041 489 510 3.00%, Feb 15, 2048 2,771 2,886 202,000 City of Toronto, USD 1,156,000 United States Treasury Note, 3.25%, Jun 24, 2046 202 203 3.13%, May 15, 2048 1,527 1,563 1,400,000 Regional Municipality of Peel, 5,870 5,978 5.10%, Jun 29, 2040 1,795 1,810 263,000 Regional Municipality of Peel, 34,351 34,174 3.85%, Oct 30, 2042 254 290 Global 1.7% 684,000 The Regional Municipality of York, Corporate Bonds 1.0% 4.00%, Jun 30, 2021 762 715 670,000 BP Capital Markets PLC, 2,407,000 The Regional Municipality of York, 3.47%, May 15, 2025 670 676 2.35%, Jun 09, 2027 2,291 2,293 461,000 European Investment Bank, 15,259 15,385 2.38%, Jan 18, 2023 460 461 2,755,000 Heathrow Funding Ltd., 470,851 473,161 3.00%, Jun 17, 2021 2,843 2,775 United States 6.6% 461,000 International Bank for Reconstruction & Corporate Bonds 5.4% Development, 3,390,000 Bank of America Corp., FRN 2.25%, Jan 17, 2023 459 459 2.60%, Mar 15, 2023 3,363 3,335 674,000 National Grid Electricity Transmission PLC, 840,000 Bank of America Corp., FRN 2.90%, Nov 26, 2019 678 679 3.30%, Apr 24, 2024 840 841 5,110 5,050 1,810,000 Bank of America Corp., FRN 3.41%, Sep 20, 2025 1,813 1,807 Supranational Bonds 0.5% 5,422,000 Citigroup, Inc., 321,000 EUROFIMA, 3.39%, Nov 18, 2021 5,571 5,507 5.15%, Dec 13, 2019 334 334 USD 280,000 Great-West Lifeco Finance 2018 LP, 227,000 European Investment Bank, 4.05%, May 17, 2028 357 372 4.60%, Jan 30, 2037 220 277 1,397,000 JPMorgan Chase & Co., 1,052,000 Inter-American Development Bank, 3.19%, Mar 05, 2021 1,431 1,413 1.88%, Mar 20, 2020 1,049 1,048 1,530,000 Metropolitan Life Global Funding I, 306,000 Inter-American Development Bank, 3.03%, Jun 11, 2020 1,555 1,542 0.50%, May 23, 2023 280 279 5,000,000 Metropolitan Life Global Funding I, 708,000 Inter-American Development Bank, 1.88%, Apr 16, 2020 4,944 4,945 4.40%, Jan 26, 2026 826 785 3,170,000 Morgan Stanley, 2,709 2,723 3.00%, Feb 07, 2024 3,173 3,117 Government Bonds 0.2% 1,600,000 The Goldman Sachs Group, Inc., 683,000 NRW Bank, 3.55%, Feb 12, 2021 1,649 1,628 4.50%, Mar 01, 2019 665 693 2,230,000 The Goldman Sachs Group, Inc., 546,000 Svensk Exportkredit AB, 2.43%, Apr 26, 2023 2,220 2,169 4.45%, Mar 15, 2019 533 556 345,000 The Goldman Sachs Group, Inc., FRN 3.31%, Oct 31, 2025 345 340 1,198 1,249 750,000 Wells Fargo & Co., 9,017 9,022 2.51%, Oct 27, 2023 750 724 475,000 Wells Fargo & Co., 514,219 516,357 2.98%, May 19, 2026 470 456 SHORT-TERM INVESTMENTS 0.4% 2,090,000 Merit Trust, 28,481 28,196 0.73%, Jul 03, 2018 2,090 2,090 Federal Bonds 1.2% USD 619,000 United States Treasury Note, Investments 516,309 518,447 2.25%, Aug 15, 2046 750 701 USD 535,000 United States Treasury Note, 3.00%, May 15, 2047 699 706 USD 97,000 United States Treasury Note, 2.75%, Nov 15, 2047 123 122

The accompanying notes are an integral part of the financial statements.

37 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs - Total investments 516,309 518,447 Derivative assets 0.0% 9 Derivative liabilities (0.1%) (321) Other assets less liabilities 0.8% 4,260 Net assets attributable to unitholders 100.0% 522,395

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Corporate Bonds 38.3 41.4 Provincial Bonds 32.0 31.8 Federal Bonds 17.3 14.2 Municipal Bonds 3.0 3.7 United States Corporate Bonds 5.4 5.6 Federal Bonds 1.2 0.5 Global Corporate Bonds 1.0 0.7 Supranational Bonds 0.5 0.5 Government Bonds 0.2 - Short-Term Investments 0.4 0.3 Derivative assets - 0.1 Derivative liabilities (0.1) - Other assets less liabilities 0.8 1.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

38 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE FIXED INCOME POOLED FUND

FUTURES CONTRACTS (0.1%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) (39) USD 113.57 5-Year U.S. Treasury Note Future Sep 28, 2018 USD 4,431 USD 113.62 (2) (32) CAD 117.21 5-Year Government of Canada Bond Futures Sep 19, 2018 CAD 3,777 CAD 118.04 (27) (54) EUR 161.96 Euro Bond Future Sep 06, 2018 EUR 8,778 EUR 162.55 (49) (60) CAD 133.84 10-Year Government of Canada Bond Futures Sep 19, 2018 CAD 8,203 CAD 136.71 (172) Derivative liabilities (250)

The accompanying notes are an integral part of the financial statements.

39 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 17,773 14,094 Investments, at fair value 975,553 989,722 Foreign exchange gain (loss) on income - 2 Cash 829 7,622 Foreign exchange gain (loss) on currency 327 24 Margin deposited on derivatives 572 234 Realized gain (loss) on sales of investments 783 3,672 Subscriptions receivable 97 942 Realized gain (loss) on derivatives (159) (371) Change in unrealized appreciation (depreciation) Receivable from investments sold - 5,808 Interest, dividends and other receivables 5,669 5,799 in the value of investments (10,096) 28,174 Change in unrealized appreciation (depreciation) Derivative assets 27 436 in the value of derivatives (453) 1,303 982,747 1,010,563 8,175 46,898 Liabilities Expenses Current liabilities Audit fees 2 4 Redemptions payable 95 431 Transfer agent fees 1 2 Payable on investments purchased 830 - Filing fees 40 - Accrued expenses and other liabilities 23 47 Interest expense & bank charges 3 1 Derivative liabilities 230 186 Unitholder reporting costs 29 2 1,178 664 Custodial fees 33 107 Foreign withholding taxes 2 - Net assets attributable to unitholders 981,569 1,009,899 Transaction costs 3 2 Net assets attributable to unitholders per unit 113 118 11.59 11.49 Less operating expenses absorbed by manager - (5) Net operating expenses 113 113 Increase (decrease) in net assets attributable to unitholders 8,062 46,785 Increase (decrease) in net assets attributable to unitholders per unit 0.10 0.67

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Long Bernard Letendre Warren Thomson Duration Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

40 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 8,062 46,785 Net assets attributable to unitholders - beginning of Adjustments for: period 1,009,899 757,048 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (153) (7) unitholders 8,062 46,785 Realized gain (loss) on sales of investments (783) (3,672) Security Transactions Realized gain (loss) on derivatives 159 371 Proceeds from units issued 11,326 50,312 Change in unrealized appreciation (depreciation) Redemption of units (47,718) (8,912) in the value of investments 10,096 (28,174) Total security transactions (36,392) 41,400 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 981,569 845,233 in the value of derivatives 453 (1,303) Purchases of investments (895,593) (670,017) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 906,928 620,608 Units outstanding beginning of period 87,911 68,000 Margin deposited on derivatives (338) (245) Units issued 1,002 4,424 Receivable from Manager - (5) Units issued for reinvestment of distributions - - Interest, dividends and other receivables 130 (156) Units redeemed (4,206) (779) Accrued expenses and other liabilities (24) 10 Units outstanding end of period 84,707 71,645 Net cash provided by (used in) operating activities 28,937 (35,805) Cash flows from financing activities Proceeds from sale of units 12,171 50,454 Payments for units redeemed (48,054) (13,523) Net cash provided by (used in) financing activities (35,883) 36,931 Change in unrealized foreign exchange gain (loss) on currency 153 7 Net increase (decrease) in cash (6,946) 1,133 Cash (bank overdraft) beginning of period 7,622 563 Cash (bank overdraft) end of period 829 1,696 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 17,901 13,939 Interest paid 3 -

The accompanying notes are an integral part of the financial statements.

41 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) BONDS 99.3% Canada 96.9% 3,825,000 Province of New Brunswick, Provincial Bonds 52.2% 3.80%, Aug 14, 2045 3,994 4,249 7,569,000 Financement-Québec, 2,838,000 Province of New Brunswick, 5.25%, Jun 01, 2034 9,832 9,667 3.10%, Aug 14, 2048 2,756 2,800 1,127,000 Hydro-Québec, 1,522,000 Province of Newfoundland and Labrador, 5.00%, Feb 15, 2045 1,235 1,543 2.85%, Jun 02, 2028 1,517 1,507 1,500,000 Labrador-Island Link Funding Trust, 455,000 Province of Newfoundland and Labrador, 3.85%, Dec 01, 2053 1,525 1,815 5.60%, Oct 17, 2033 500 590 262,000 Newfoundland & Labrador Hydro, 725,000 Province of Newfoundland and Labrador, 3.60%, Dec 01, 2045 248 279 5.70%, Oct 17, 2035 811 968 663,665 Ontario School Boards Financing Corp., 818,000 Province of Newfoundland and Labrador, 5.38%, Jun 25, 2032 683 750 3.70%, Oct 17, 2048 827 900 1,500,000 Province of Alberta, 3,628,000 Province of Nova Scotia, 3.50%, Jun 01, 2031 1,506 1,593 2.10%, Jun 01, 2027 3,491 3,423 1,947,000 Province of Alberta, 1,000,000 Province of Nova Scotia, 4.50%, Dec 01, 2040 2,361 2,420 6.60%, Dec 01, 2031 1,420 1,398 162,000 Province of Alberta, 2,714,000 Province of Nova Scotia, 3.45%, Dec 01, 2043 148 175 4.50%, Jun 01, 2037 3,011 3,284 640,000 Province of Alberta, 3,281,000 Province of Nova Scotia, 3.30%, Dec 01, 2046 625 677 4.70%, Jun 01, 2041 3,918 4,165 30,882,000 Province of Alberta, 500,000 Province of Nova Scotia, 3.05%, Dec 01, 2048 29,834 31,310 4.40%, Jun 01, 2042 618 613 1,291,000 Province of British Columbia, 3,915,000 Province of Nova Scotia, 5.70%, Jun 18, 2029 1,643 1,645 3.45%, Jun 01, 2045 4,160 4,195 1,000,000 Province of British Columbia, 2,455,000 Province of Ontario, 5.40%, Jun 18, 2035 1,319 1,338 2.90%, Jun 02, 2028 2,453 2,465 10,234,000 Province of British Columbia, 2,279,000 Province of Ontario, 4.70%, Jun 18, 2037 11,446 12,930 6.50%, Mar 08, 2029 3,136 3,029 1,209,000 Province of British Columbia, 27,721,000 Province of Ontario, 4.95%, Jun 18, 2040 1,361 1,610 5.85%, Mar 08, 2033 37,699 37,200 1,182,000 Province of British Columbia, 33,490,000 Province of Ontario, 4.30%, Jun 18, 2042 1,364 1,466 5.60%, Jun 02, 2035 45,492 45,069 7,804,000 Province of British Columbia, 16,622,000 Province of Ontario, 3.20%, Jun 18, 2044 7,891 8,230 4.70%, Jun 02, 2037 21,086 20,692 16,757,000 Province of British Columbia, 60,413,000 Province of Ontario, 2.80%, Jun 18, 2048 15,901 16,487 3.45%, Jun 02, 2045 61,776 65,191 105,000 Province of Manitoba, 4,790,000 Province of Ontario, 10.50%, Mar 05, 2031 187 187 2.90%, Dec 02, 2046 4,653 4,683 1,250,000 Province of Manitoba, 16,485,000 Province of Ontario, 5.70%, Mar 05, 2037 1,739 1,712 2.80%, Jun 02, 2048 15,292 15,833 1,950,000 Province of Manitoba, 5,178,000 Province of Ontario, 4.10%, Mar 05, 2041 2,131 2,265 2.90%, Jun 02, 2049 4,987 5,078 4,732,000 Province of Manitoba, 12,776,000 Province of Ontario Generic Strip Residual, 3.35%, Mar 05, 2043 4,623 4,932 zero coupon, Jun 02, 2045 5,506 5,747 11,363,000 Province of Manitoba, 335,000 Province of Prince Edward Island, 2.85%, Sep 05, 2046 10,598 10,830 5.60%, Feb 21, 2034 368 430 5,308,000 Province of Manitoba, 8,983,000 Province of Quebec, 3.40%, Sep 05, 2048 5,481 5,634 6.00%, Oct 01, 2029 11,650 11,674 1,168,000 Province of New Brunswick, 7,428,000 Province of Quebec, 3.10%, Aug 14, 2028 1,164 1,182 6.25%, Jun 01, 2032 9,884 10,230 890,000 Province of New Brunswick, 500,000 Province of Quebec, 5.50%, Jan 27, 2034 973 1,149 5.75%, Dec 01, 2036 685 697 1,450,000 Province of New Brunswick, 6,500,000 Province of Quebec, 4.55%, Mar 26, 2037 1,729 1,733 5.00%, Dec 01, 2038 8,484 8,507

The accompanying notes are an integral part of the financial statements.

42 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,204,000 Province of Quebec, 1,870,000 AltaGas Ltd., 4.25%, Dec 01, 2043 1,404 1,476 4.50%, Aug 15, 2044 1,902 1,821 61,049,000 Province of Quebec, 2,300,000 AltaGas Ltd., 3.50%, Dec 01, 2045 62,095 67,040 4.99%, Oct 04, 2047 2,300 2,403 21,381,000 Province of Quebec, 121,000 AltaLink LP, 3.50%, Dec 01, 2048 22,922 23,693 5.25%, Sep 22, 2036 118 150 3,000,000 Province of Quebec Residual Strip, 1,000,000 AltaLink LP, zero coupon, Dec 01, 2041 1,331 1,518 4.87%, Nov 15, 2040 1,000 1,207 2,000,000 Province of Quebec Residual Strip, 2,000,000 AltaLink LP, zero coupon, Dec 01, 2043 849 954 3.99%, Jun 30, 2042 2,142 2,155 1,521,000 Province of Saskatchewan, 500,000 AltaLink LP, 3.05%, Dec 02, 2028 1,519 1,548 4.05%, Nov 21, 2044 500 545 2,510,000 Province of Saskatchewan, 4,300,000 AltaLink LP, 5.60%, Sep 05, 2035 3,214 3,393 4.09%, Jun 30, 2045 4,705 4,723 1,378,000 Province of Saskatchewan, 2,609,000 AltaLink LP, 5.00%, Mar 05, 2037 1,436 1,773 3.72%, Dec 03, 2046 2,635 2,701 4,700,000 Province of Saskatchewan, 4,000,000 Bell Canada, Inc., 4.75%, Jun 01, 2040 5,735 6,020 3.55%, Mar 02, 2026 4,151 4,025 1,938,000 Province of Saskatchewan, 1,632,000 Bell Canada, Inc., 3.40%, Feb 03, 2042 2,072 2,068 8.88%, Apr 17, 2026 1,995 2,144 2,400,000 Province of Saskatchewan, 1,000,000 Bell Canada, Inc., 3.90%, Jun 02, 2045 2,809 2,800 2.90%, Aug 12, 2026 990 959 3,200,000 Province of Saskatchewan, 450,000 Bell Canada, Inc., 2.75%, Dec 02, 2046 3,014 3,053 7.65%, Dec 30, 2031 483 596 8,627,000 Province of Saskatchewan, 1,000,000 Bell Canada, Inc., 3.30%, Jun 02, 2048 8,966 9,178 4.75%, Sep 29, 2044 991 1,063 1,600,000 Bell Canada, Inc., 495,087 512,690 4.35%, Dec 18, 2045 1,500 1,604 Corporate Bonds 25.5% 2,650,000 Bell Canada, Inc., 100,000 407 International, Inc., 4.45%, Feb 27, 2047 2,706 2,699 6.47%, Jul 27, 2029 113 131 350,000 Brookfield Asset Management, Inc., 6,530,000 407 International, Inc., 3.80%, Mar 16, 2027 350 349 5.75%, Feb 14, 2036 8,007 8,413 3,000,000 Brookfield Renewable Partners ULC, 1,170,000 407 International, Inc., 3.63%, Jan 15, 2027 2,998 2,965 3.65%, Sep 08, 2044 1,164 1,196 300,000 Bruce Power LP, 4,600,000 407 International, Inc., 4.01%, Jun 21, 2029 300 307 3.83%, May 11, 2046 4,920 4,826 1,400,000 Bruce Power LP, 475,000 407 International, Inc., 4.13%, Jun 21, 2033 1,400 1,426 3.60%, May 21, 2047 466 481 50,000 Canada Life Assurance Co., 970,000 407 International, Inc., 6.40%, Dec 11, 2028 55 63 3.72%, May 11, 2048 970 1,005 5,270,000 Canadian National Railway Co., 894,000 Aeroports de Montreal, 3.60%, Aug 01, 2047 5,201 5,333 5.17%, Sep 17, 2035 939 1,113 3,000,000 Choice Properties REIT, 2,850,000 Aeroports De Montreal, 4.06%, Nov 24, 2025 3,169 3,058 3.92%, Sep 26, 2042 2,752 3,128 148,000 Clarica Life Insurance Co., 1,700,000 Alberta Powerline LP, 6.30%, May 15, 2028 161 184 4.07%, Mar 01, 2054 1,700 1,823 1,790,000 CU, Inc., 200,000 Alectra, Inc., 4.54%, Oct 24, 2041 1,923 2,073 3.96%, Jul 30, 2042 200 215 3,335,000 CU, Inc., 158,154 Alliance Pipeline LP, 3.81%, Sep 10, 2042 3,052 3,479 6.77%, Dec 31, 2025 178 179 1,600,000 CU, Inc., 2,850,000 AltaGas Ltd., 4.72%, Sep 09, 2043 1,753 1,910 4.12%, Apr 07, 2026 3,029 2,924 6,800,000 CU, Inc., 4.09%, Sep 02, 2044 6,981 7,420

The accompanying notes are an integral part of the financial statements.

43 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,550,000 CU, Inc., 300,000 FortisAlberta, Inc., 3.76%, Nov 19, 2046 1,583 1,610 3.67%, Sep 09, 2047 300 307 602,000 Enbridge Gas Distribution, Inc., 500,000 FortisBC Energy, Inc., 6.16%, Dec 16, 2033 654 794 6.95%, Sep 21, 2029 579 670 1,915,000 Enbridge Gas Distribution, Inc., 96,000 FortisBC Energy, Inc., 5.21%, Feb 25, 2036 2,236 2,332 5.55%, Sep 25, 2036 94 122 2,350,000 Enbridge Gas Distribution, Inc., 228,000 FortisBC Energy, Inc., 4.00%, Aug 22, 2044 2,310 2,524 6.05%, Feb 15, 2038 228 308 1,000,000 Enbridge Pipelines, Inc., 214,000 FortisBC Energy, Inc., 3.00%, Aug 10, 2026 1,011 976 6.55%, Feb 24, 2039 213 307 939,000 Enbridge Pipelines, Inc., 2,785,000 FortisBC Energy, Inc., 5.08%, Dec 19, 2036 1,028 1,063 3.67%, Apr 09, 2046 2,846 2,839 225,000 Enbridge Pipelines, Inc., 550,000 FortisBC Energy, Inc., 5.33%, Apr 06, 2040 280 263 3.78%, Mar 06, 2047 572 578 2,710,000 Enbridge Pipelines, Inc., 1,149,000 Greater Toronto Airports Authority, 4.55%, Sep 29, 2045 2,830 2,901 7.05%, Jun 12, 2030 1,166 1,598 4,200,000 Enbridge Pipelines, Inc., 90,000 Greater Toronto Airports Authority, 4.13%, Aug 09, 2046 4,270 4,209 6.47%, Feb 02, 2034 103 127 2,930,000 Enbridge, Inc., FRN 850,000 Greater Toronto Airports Authority, 5.38%, Sep 27, 2077 2,871 2,787 3.26%, Jun 01, 2037 849 853 1,000,000 Enbridge, Inc., FRN 1,000,000 Greater Toronto Airports Authority, 6.63%, Apr 12, 2078 1,025 1,032 5.63%, Jun 07, 2040 1,075 1,366 151,000 Énergir, Inc., 450,000 Greater Toronto Airports Authority, 6.30%, Oct 31, 2033 167 202 5.30%, Feb 25, 2041 516 596 2,000,000 Énergir, Inc., 2,700,000 Greater Toronto Airports Authority, 3.53%, May 16, 2047 1,947 2,012 4.53%, Dec 02, 2041 2,827 3,261 125,000 EPCOR Utilities, Inc., 1,037,000 Greater Toronto Airports Authority, 6.80%, Jun 28, 2029 138 164 6.45%, Dec 03, 2027 1,148 1,335 310,000 EPCOR Utilities, Inc., 2,371,000 Great-West Lifeco, Inc., 5.65%, Nov 16, 2035 308 395 6.67%, Mar 21, 2033 3,103 3,176 747,000 EPCOR Utilities, Inc., 500,000 Health Montreal Collective LP, 5.75%, Nov 24, 2039 817 989 6.72%, Sep 30, 2049 666 671 3,650,000 EPCOR Utilities, Inc., 750,000 Husky Energy, Inc., 4.55%, Feb 28, 2042 3,826 4,218 3.60%, Mar 10, 2027 748 745 2,739,000 EPCOR Utilities, Inc., 132,000 Hydro One, Inc., 3.55%, Nov 27, 2047 2,739 2,737 6.93%, Jun 01, 2032 160 181 3,000,000 Fairfax Financial Holdings Ltd., 840,000 Hydro One, Inc., 4.95%, Mar 03, 2025 3,036 3,179 6.35%, Jan 31, 2034 956 1,123 340,000 Fairfax Financial Holdings Ltd., 586,000 Hydro One, Inc., 4.70%, Dec 16, 2026 339 351 6.03%, Mar 03, 2039 586 791 1,750,000 First Capital Realty, Inc., 633,000 Hydro One, Inc., 3.60%, May 06, 2026 1,787 1,718 5.49%, Jul 16, 2040 632 812 762,000 First Nations Finance Authority, 750,000 Hydro One, Inc., 3.05%, Jun 01, 2028 761 753 4.59%, Oct 09, 2043 760 870 200,000 FortisAlberta, Inc., 3,000,000 Hydro One, Inc., 7.06%, Feb 14, 2039 200 302 4.17%, Jun 06, 2044 3,100 3,278 1,265,000 FortisAlberta, Inc., 2,950,000 Hydro One, Inc., 5.37%, Oct 30, 2039 1,526 1,606 3.91%, Feb 23, 2046 3,052 3,106 2,000,000 FortisAlberta, Inc., 2,600,000 Hydro One, Inc., 4.54%, Oct 18, 2041 2,271 2,318 3.72%, Nov 18, 2047 2,604 2,655 575,000 FortisAlberta, Inc., 2,670,000 Hydro One, Inc., 3.34%, Sep 21, 2046 547 555 3.63%, Jun 25, 2049 2,670 2,672 187,000 FortisAlberta, Inc., 1,165,000 Hydro-Québec, 4.99%, Jan 03, 2047 169 235 4.00%, Feb 15, 2055 1,389 1,436

The accompanying notes are an integral part of the financial statements.

44 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,000,000 IGM Financial, Inc., 950,000 Plenary Health Care Partnerships 7.11%, Mar 07, 2033 1,271 1,351 Humber LP, 550,000 IGM Financial, Inc., 4.82%, Nov 30, 2044 1,097 1,129 4.56%, Jan 25, 2047 550 590 3,342,017 Plenary Properties LTAP LP, 2,025,000 IGM Financial, Inc., 6.29%, Jan 31, 2044 4,460 4,390 4.12%, Dec 09, 2047 2,025 2,034 365,000 Queen’s University, 1,855,000 Intact Financial Corp., 6.10%, Nov 19, 2032 420 470 5.16%, Jun 16, 2042 2,069 2,214 3,365,000 Rogers Communications, Inc., 430,000 Inter Pipeline Ltd., 6.11%, Aug 25, 2040 4,211 4,204 3.48%, Dec 16, 2026 430 422 3,650,000 Scotiabank Capital Trust, FRN 2,575,000 Inter Pipeline Ltd., 5.65%, Dec 31, 2056 4,328 4,433 4.64%, May 30, 2044 2,645 2,599 3,837,000 Shaw Communications, Inc., 763,000 Investors Group, Inc., 6.75%, Nov 09, 2039 4,628 4,834 7.00%, Dec 31, 2032 904 1,019 50,000 Simon Fraser University, 75,000 Loblaw Cos., Ltd., 5.61%, Jun 10, 2043 55 67 6.05%, Jun 09, 2034 71 91 400,000 South Coast British Columbia 1,555,000 Lower Mattagami Energy LP, Transportation Authority, 4.18%, Feb 23, 2046 1,606 1,732 3.15%, Nov 16, 2048 399 396 500,000 Lower Mattagami Energy LP, 4,025,000 Sun Life Financial, Inc., 4.94%, Sep 21, 2043 615 618 5.40%, May 29, 2042 4,892 4,835 2,005,000 McGill University Health Centre, 600,000 TCHC Issuer Trust, 5.36%, Dec 31, 2043 2,004 2,626 4.88%, May 11, 2037 579 726 700,000 Muskrat Falls / Labrador Transmission 2,100,000 TELUS Corp., Assets Funding Trust, 4.85%, Apr 05, 2044 2,073 2,219 3.86%, Dec 01, 2048 844 835 4,000,000 TELUS Corp., 1,300,000 NAV Canada, 4.75%, Jan 17, 2045 4,172 4,172 3.29%, Mar 30, 2048 1,300 1,317 1,600,000 TELUS Corp., 1,250,000 North West Redwater Partnership / NWR 4.40%, Jan 29, 2046 1,525 1,582 Financing Co., Ltd., 1,510,000 TELUS Corp., 3.65%, Jun 01, 2035 1,249 1,243 4.70%, Mar 06, 2048 1,578 1,565 222,000 Nova Scotia Power, Inc., 930,000 The Hospital for Sick Children, 5.67%, Nov 14, 2035 216 279 3.42%, Dec 07, 2057 930 929 292,000 Nova Scotia Power, Inc., 1,000,000 Toronto Hydro Corp., 5.95%, Jul 27, 2039 291 389 5.54%, May 21, 2040 1,155 1,314 480,000 Nova Scotia Power, Inc., 1,200,000 Toronto Hydro Corp., 5.61%, Jun 15, 2040 480 620 3.55%, Jul 28, 2045 1,198 1,211 500,000 Nova Scotia Power, Inc., 1,530,000 Toronto Hydro Corp., 3.61%, May 01, 2045 491 495 3.49%, Feb 28, 2048 1,529 1,535 1,807,000 Ontario Electricity Financial Corp., 1,175,000 TransCanada PipeLines Ltd., 8.25%, Jun 22, 2026 2,555 2,491 6.28%, May 26, 2028 1,244 1,420 129,652 Ottawa MacDonald-Cartier International 2,000,000 TransCanada PipeLines Ltd., Airport Authority, 4.35%, Jun 06, 2046 2,028 2,061 6.97%, May 25, 2032 153 164 4,100,000 TransCanada PipeLines Ltd., 3,250,000 Pembina Pipeline Corp., 4.33%, Sep 16, 2047 4,111 4,210 3.71%, Aug 11, 2026 3,296 3,262 830,000 TransCanada PipeLines Ltd., 2,000,000 Pembina Pipeline Corp., 4.18%, Jul 03, 2048 830 827 4.24%, Jun 15, 2027 2,148 2,072 2,100,000 TransCanada PipeLines Ltd., FRN 500,000 Pembina Pipeline Corp., 4.65%, May 18, 2077 2,100 2,015 4.75%, Apr 30, 2043 507 512 4,500,000 Union Gas Ltd., 2,500,000 Pembina Pipeline Corp., 4.20%, Jun 02, 2044 4,702 4,983 4.81%, Mar 25, 2044 2,605 2,583 318,000 University of British Columbia, 614,324 Plenary Health Bridgepoint LP, 6.65%, Dec 01, 2031 393 432 7.25%, Aug 31, 2042 855 861 195,000 University of British Columbia, 4.82%, Jul 26, 2035 191 232

The accompanying notes are an integral part of the financial statements.

45 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 299,000 University of Toronto, 1,500,000 Regional Municipality of Peel, 5.84%, Dec 15, 2043 342 418 4.25%, Dec 02, 2033 1,711 1,693 200,000 Vancouver Airport Authority, 880,000 Regional Municipality of Peel, 7.43%, Dec 07, 2026 268 267 5.10%, Jun 29, 2040 985 1,138 348,116 Winnipeg Airport Authority, Inc., 5,500,000 The Regional Municipality of York, 5.21%, Sep 28, 2040 338 410 4.05%, May 01, 2034 6,025 6,090 240,473 250,509 33,224 33,945 Federal Bonds 15.7% 921,610 950,980 3,840,000 Canadian Government Bond, United States 2.2% 5.75%, Jun 01, 2029 5,175 5,164 Federal Bonds 1.2% 36,582,000 Canadian Government Bond, USD 4,845,000 United States Treasury Note, 5.75%, Jun 01, 2033 52,857 52,986 3.00%, Feb 15, 2048 6,126 6,396 13,987,000 Canadian Government Bond, USD 4,004,000 United States Treasury Note, 5.00%, Jun 01, 2037 20,138 20,001 3.13%, May 15, 2048 5,281 5,415 3,336,000 Canadian Government Bond, 4.00%, Jun 01, 2041 3,949 4,396 11,407 11,811 21,168,000 Canadian Government Bond, Corporate Bonds 1.0% 3.50%, Dec 01, 2045 28,135 26,732 USD 629,000 Anheuser-Busch InBev Finance, Inc., 1,763,241 Canadian Government Bond, 3.65%, Feb 01, 2026 895 811 1.34%, Dec 01, 2047 2,111 2,147 3,950,000 Citigroup, Inc., 11,662,000 Canadian Government Bond, 4.09%, Jun 09, 2025 3,949 4,027 2.75%, Dec 01, 2048 12,683 13,073 1,700,000 Manulife Finance Delaware LP, 25,077,000 Canadian Government Bond, 5.06%, Dec 15, 2041 1,867 1,915 2.75%, Dec 01, 2064 27,778 29,337 3,200,000 Wells Fargo & Co., 152,826 153,836 2.98%, May 19, 2026 3,209 3,069 Municipal Bonds 3.5% 9,920 9,822 1,000,000 City of Montreal, 21,327 21,633 4.25%, Dec 01, 2032 1,101 1,122 Global 0.2% 4,729,000 City of Montreal, Government Bonds 0.1% 4.10%, Dec 01, 2034 5,037 5,269 866,000 NRW Bank, 414,000 City of Montreal, 4.50%, Mar 01, 2019 834 878 3.15%, Dec 01, 2036 398 410 768,000 City of Montreal, Corporate Bonds 0.1% 3.50%, Dec 01, 2038 769 799 USD 645,000 Sydney Airport Finance Co. Pty Ltd., 2,000,000 City of Montreal, 3.63%, Apr 28, 2026 819 820 6.00%, Jun 01, 2043 2,928 2,941 Supranational Bonds 0.0% 1,000,000 City of Ottawa, 313,000 European Investment Bank, 4.40%, Oct 22, 2033 1,140 1,146 4.60%, Jan 30, 2037 301 382 1,770,000 City of Ottawa, 1,954 2,080 4.60%, Jul 14, 2042 2,196 2,178 3,188,000 City of Ottawa, 944,891 974,693 3.10%, Jul 27, 2048 3,079 3,123 SHORT-TERM INVESTMENTS 0.1% 853,000 City of Ottawa, 860,000 Merit Trust, 3.25%, Nov 10, 2047 851 861 0.72%, Jul 03, 2018 860 860 1,000,000 City of Toronto, 2.95%, Apr 28, 2035 913 969 Investments 945,751 975,553 3,300,000 City of Toronto, 3.50%, Jun 02, 2036 3,391 3,436 1,800,000 City of Toronto, 3.25%, Jun 24, 2046 1,732 1,809 970,000 City of Vancouver, 2.85%, Nov 03, 2027 968 961

The accompanying notes are an integral part of the financial statements.

46 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN LONG DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs - Total investments 945,751 975,553 Derivative assets 0.0% 27 Derivative liabilities (0.0%) (230) Other assets less liabilities 0.6% 6,219 Net assets attributable to unitholders 100.0% 981,569

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Provincial Bonds 52.2 51.4 Corporate Bonds 25.5 25.3 Federal Bonds 15.7 14.4 Municipal Bonds 3.5 4.4 United States Federal Bonds 1.2 0.1 Corporate Bonds 1.0 1.4 Global Government Bonds 0.1 0.1 Corporate Bonds 0.1 0.1 Short-Term Investments 0.1 0.8 Other assets less liabilities 0.6 2.0 100.0 100.0

FORWARD FOREIGN CURRENCY CONTRACTS 0.0% Purchased Currency Sold Currency Valueasat Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 1.32995 Jul 31, 2018 CAD 1,503 USD 1,486 17 Bank of Montreal A+ CAD 1.32600 Jul 31, 2018 CAD 1,259 USD 1,249 10 Toronto-Dominion Bank AA- Derivative assets 27 CAD 1.30826 Jul 31, 2018 CAD 1,164 USD 1,170 (6) Royal Bank of Canada AA- CAD 1.29790 Jul 31, 2018 CAD 8,160 USD 8,266 (106) Canadian Imperial Bank of Commerce A+ Derivative liabilities (112) Total (85) FUTURES CONTRACTS 0.0% Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) (30) CAD 135.38 10-Year Government of Canada Bond Futures Sep 19, 2018 CAD 4,101 CAD 136.71 (40) (81) EUR 161.92 Euro Bond Future Sep 06, 2018 EUR 13,167 EUR 162.55 (78) Derivative liabilities (118)

The accompanying notes are an integral part of the financial statements.

47 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 1,666 2,017 Investments, at fair value 85,930 85,659 Foreign exchange gain (loss) on income 1 2 Cash 285 150 Foreign exchange gain (loss) on currency 4 (55) Margin deposited on derivatives 768 34 Other income - 2 Subscriptions receivable 25 28 Realized gain (loss) on sales of investments (211) 198 Realized gain (loss) on derivatives (843) 34 Receivable from investments sold 280 259 Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 682 637 in the value of investments (176) 40 Derivative assets 188 217 Change in unrealized appreciation (depreciation) 88,158 86,984 in the value of derivatives (50) 641 Liabilities 391 2,879 Current liabilities Expenses Redemptions payable 1 56 Audit fees 2 3 Payable on investments purchased 2,561 - Transfer agent fees 1 2 Accrued expenses and other liabilities 12 22 Filing fees 1 - Derivative liabilities 112 91 Unitholder reporting costs 13 2 2,686 169 Custodial fees 8 45 Foreign withholding taxes 2 2 Net assets attributable to unitholders 85,472 86,815 Transaction costs 1 6 Net assets attributable to unitholders per unit 28 60 8.46 8.43 Less operating expenses absorbed by manager - (3) Net operating expenses 28 57 Increase (decrease) in net assets attributable to unitholders 363 2,822 Increase (decrease) in net assets attributable to unitholders per unit 0.04 0.22

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Core Bernard Letendre Warren Thomson Plus Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

48 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 363 2,822 Net assets attributable to unitholders - beginning of Adjustments for: period 86,815 116,583 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (5) (33) unitholders 363 2,822 Realized gain (loss) on sales of investments 211 (198) Security Transactions Realized gain (loss) on derivatives 843 (34) Proceeds from units issued 2,761 3,399 Change in unrealized appreciation (depreciation) Redemption of units (4,467) (20,063) in the value of investments 176 (40) Total security transactions (1,706) (16,664) Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 85,472 102,741 in the value of derivatives 50 (641) Purchases of investments (71,158) (125,929) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 72,197 140,093 Units outstanding beginning of period 10,302 13,581 Margin deposited on derivatives (734) 36 Units issued 329 389 Receivable from Manager - (3) Units issued for reinvestment of distributions - - Interest, dividends and other receivables (45) 186 Units redeemed (533) (2,306) Accrued expenses and other liabilities (10) 9 Units outstanding end of period 10,098 11,664 Net cash provided by (used in) operating activities 1,888 16,268 Cash flows from financing activities Proceeds from sale of units 2,764 3,400 Payments for units redeemed (4,522) (19,952) Net cash provided by (used in) financing activities (1,758) (16,552) Change in unrealized foreign exchange gain (loss) on currency 5 33 Net increase (decrease) in cash 130 (251) Cash (bank overdraft) beginning of period 150 345 Cash (bank overdraft) end of period 285 94 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 1,619 2,203

The accompanying notes are an integral part of the financial statements.

49 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) BONDS 100.1% Canada 71.9% 7,000 British Columbia Ferry Services, Inc., Corporate Bonds 27.4% 4.29%, Apr 28, 2044 7 8 79,000 407 International, Inc., 150,000 Brookfield Asset Management, Inc., 6.47%, Jul 27, 2029 104 103 3.80%, Mar 16, 2027 150 149 148,000 407 International, Inc., 129,000 Brookfield Infrastructure Finance ULC, 5.75%, Feb 14, 2036 180 191 3.54%, Oct 30, 2020 129 131 7,000 407 International, Inc., 236,000 Brookfield Renewable Partners ULC, 4.45%, Nov 15, 2041 8 8 5.14%, Oct 13, 2020 260 248 13,000 407 International, Inc., 170,000 Brookfield Renewable Partners ULC, 4.19%, Apr 25, 2042 14 14 4.79%, Feb 07, 2022 183 180 65,000 407 International, Inc., 16,000 Cadillac Fairview Finance Trust, 3.72%, May 11, 2048 65 67 4.31%, Jan 25, 2021 18 17 66,000 Aeroports De Montreal, 164,000 Canadian Imperial Bank of Commerce, 3.92%, Sep 26, 2042 65 72 3.00%, Oct 28, 2024 166 165 85,000 Alberta Powerline LP, 95,000 Canadian Imperial Bank of Commerce, FRN 4.07%, Dec 01, 2053 85 91 3.42%, Jan 26, 2026 97 96 10,000 Algonquin Power Co., 55,000 Canadian Imperial Bank of Commerce, FRN 4.65%, Feb 15, 2022 11 11 3.45%, Apr 04, 2028 55 55 8,677 Alliance Pipeline LP, 42,634 Canadian Mortgage Pools, 7.18%, Jun 30, 2023 10 10 1.85%, Jun 01, 2019 43 43 31,000 AltaGas Ltd., 50,000 Canadian National Railway Co., 4.40%, Mar 15, 2024 33 32 3.60%, Aug 01, 2047 50 51 54,000 AltaGas Ltd., 20,000 Canadian Western Bank, 3.84%, Jan 15, 2025 54 55 2.88%, Mar 01, 2021 20 20 11,000 AltaLink LP, 116,000 Capital Desjardins, Inc., 5.25%, Sep 22, 2036 13 14 5.19%, May 05, 2020 130 121 49,000 AltaLink LP, 8,000 Capital Desjardins, Inc., 4.46%, Nov 08, 2041 53 56 4.95%, Dec 15, 2026 9 9 199,000 Bank of Montreal, 103,000 CDP Financial, Inc., 2.84%, Jun 04, 2020 204 200 4.60%, Jul 15, 2020 116 108 130,000 Bank of Montreal, 109,000 Central 1 Credit Union, 1.88%, Mar 31, 2021 130 127 1.87%, Mar 16, 2020 109 108 400,000 Bank of Montreal, 135,000 Central 1 Credit Union, 1.61%, Oct 28, 2021 400 386 2.60%, Nov 07, 2022 135 132 300,000 Bank of Montreal, 79,000 Central 1 Credit Union, FRN 2.27%, Jul 11, 2022 300 294 2.89%, Apr 25, 2024 80 79 260,000 Bank of Montreal, 105,000 Chartwell Retirement Residences, 2.70%, Sep 11, 2024 260 256 4.21%, Apr 28, 2025 105 107 354,000 Bank of Montreal, 70,000 Choice Properties LP, 4.61%, Sep 10, 2025 401 390 3.60%, Apr 20, 2020 72 71 95,000 Bank of Montreal, 136,000 Choice Properties LP, 3.32%, Jun 01, 2026 97 96 3.60%, Sep 20, 2022 136 138 13,000 Bell Canada, Inc., 150,000 Choice Properties REIT, 8.88%, Apr 17, 2026 18 17 2.30%, Sep 14, 2020 149 148 120,000 Bell Canada, Inc., 60,000 Choice Properties REIT, 3.60%, Sep 29, 2027 120 120 3.50%, Feb 08, 2021 61 61 13,000 Bell Canada, Inc., 55,000 Choice Properties REIT, 7.85%, Apr 02, 2031 17 18 4.90%, Jul 05, 2023 60 59 43,000 Bell Canada, Inc., 9,000 Choice Properties REIT, 4.75%, Sep 29, 2044 43 46 4.29%, Feb 08, 2024 10 9 164,000 Bell Canada, Inc., 36,000 Cominar REIT, 4.35%, Dec 18, 2045 169 164 3.62%, Jun 21, 2019 36 36 10,000 British Columbia Ferry Services, Inc., 37,000 Co-operators Financial Services Ltd., 4.70%, Oct 23, 2043 11 12 5.78%, Mar 10, 2020 41 38

The accompanying notes are an integral part of the financial statements.

50 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 200,000 Crew Energy, Inc., 35,000 Finning International, Inc., 6.50%, Mar 14, 2024 196 187 3.23%, Jul 03, 2020 36 35 94,000 CU, Inc., 55,000 First Capital Realty, Inc., 5.56%, Oct 30, 2037 116 121 3.95%, Dec 05, 2022 57 56 32,000 CU, Inc., 220,000 First Capital Realty, Inc., 3.81%, Sep 10, 2042 31 33 3.90%, Oct 30, 2023 221 224 7,000 CU, Inc., USD 100,000 First Quantum Minerals Ltd., 4.56%, Nov 07, 2053 8 8 6.50%, Mar 01, 2024 126 127 301,000 Enbridge Gas Distribution, Inc., 75,000 Ford Credit Canada Co., 6.90%, Nov 15, 2032 419 418 2.71%, Feb 23, 2022 75 73 7,000 Enbridge Gas Distribution, Inc., 280,000 Ford Credit Canada Co., 5.21%, Feb 25, 2036 8 9 2.77%, Jun 22, 2022 280 273 25,000 Enbridge Income Fund, 70,000 Ford Credit Canada Co., 3.94%, Jan 13, 2023 26 26 3.35%, Sep 19, 2022 70 70 62,000 Enbridge Income Fund, 55,000 Ford Credit Canada Co., 3.95%, Nov 19, 2024 65 63 3.74%, May 08, 2023 55 55 8,000 Enbridge Pipelines, Inc., 549,000 Ford Credit Canada Ltd., 5.33%, Apr 06, 2040 9 9 2.45%, May 07, 2020 540 544 72,000 Enbridge Pipelines, Inc., 9,000 FortisAlberta, Inc., 4.55%, Sep 29, 2045 72 77 5.37%, Oct 30, 2039 11 11 8,712 Enbridge Southern Lights LP, 30,000 FortisAlberta, Inc., 4.01%, Jun 30, 2040 9 9 3.67%, Sep 09, 2047 30 31 206,000 Enbridge, Inc., 10,000 FortisBC Energy, Inc., 4.26%, Feb 01, 2021 223 213 6.50%, May 01, 2034 13 14 114,000 Enbridge, Inc., 10,000 FortisBC Energy, Inc., 3.19%, Dec 05, 2022 114 114 5.55%, Sep 25, 2036 12 13 350,000 Enbridge, Inc., 40,000 FortisBC Energy, Inc., 3.94%, Jun 30, 2023 375 361 3.69%, Oct 30, 2047 40 41 255,000 Enbridge, Inc., FRN 629,000 General Motors Financial of Canada Ltd., 5.38%, Sep 27, 2077 247 243 3.08%, May 22, 2020 629 631 115,000 Enbridge, Inc., FRN 25,000 Genworth MI Canada, Inc., 6.63%, Apr 12, 2078 117 119 5.68%, Jun 15, 2020 27 26 60,000 Enercare Solutions, Inc., 250,000 Gibson Energy, Inc., 3.38%, Feb 21, 2022 60 60 5.25%, Jul 15, 2024 250 250 9,000 Énergir, Inc., 53,000 Greater Toronto Airports Authority, 5.70%, Jul 10, 2036 11 12 6.47%, Feb 02, 2034 71 75 30,000 Enmax Corp., 27,000 Great-West Lifeco, Inc., 3.84%, Jun 05, 2028 30 30 4.65%, Aug 13, 2020 30 28 25,000 EPCOR Utilities, Inc., 62,000 Great-West Lifeco, Inc., 5.65%, Nov 16, 2035 30 32 6.67%, Mar 21, 2033 81 83 35,000 EPCOR Utilities, Inc., 77,000 H&R REIT, 5.75%, Nov 24, 2039 44 46 4.45%, Mar 02, 2020 79 79 50,000 EPCOR Utilities, Inc., 15,000 Health Montreal Collective LP, 4.55%, Feb 28, 2042 53 58 6.72%, Sep 30, 2049 19 20 50,000 EPCOR Utilities, Inc., 503,000 Home Trust Co., 3.55%, Nov 27, 2047 50 50 3.40%, Dec 10, 2018 501 505 320,000 Fairfax Financial Holdings Ltd., 5,771 Hospital Infrastructure Partners NOH 5.84%, Oct 14, 2022 348 351 Partnership, 85,000 Fairfax Financial Holdings Ltd., 5.44%, Jan 31, 2045 7 7 4.25%, Dec 06, 2027 85 84 562,000 HSBC Bank Canada, 45,000 Fédération des Caisses Desjardins du 2.91%, Sep 29, 2021 568 562 Quebec, 80,000 HSBC Bank Canada, 2.09%, Jan 17, 2022 45 44 2.17%, Jun 29, 2022 80 78

The accompanying notes are an integral part of the financial statements.

51 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 145,000 HSBC Bank Canada, 190,000 Nissan Canada Financial Services, Inc., 2.54%, Jan 31, 2023 145 142 2.42%, Oct 19, 2020 190 188 135,000 Husky Energy, Inc., 100,000 Nissan Canada Financial Services, Inc., 3.60%, Mar 10, 2027 135 134 2.61%, Mar 05, 2021 100 99 104,000 Hydro One, Inc., 18,616 North Battleford Power LP, 2.78%, Oct 09, 2018 107 104 4.96%, Dec 31, 2032 21 20 22,000 Hydro One, Inc., 21,601 Northwestconnect Group Partnership, 5.49%, Jul 16, 2040 27 28 5.95%, Apr 30, 2041 27 26 23,000 Hydro One, Inc., 26,000 Nova Scotia Power, Inc., 4.59%, Oct 09, 2043 25 27 4.15%, Mar 06, 2042 26 28 70,000 Hydro One, Inc., 75,000 NuVista Energy Ltd., 4.17%, Jun 06, 2044 79 76 6.50%, Mar 02, 2023 75 76 9,000 Hydro-Québec, 75,000 OMERS Realty Corp., 11.00%, Aug 15, 2020 13 11 2.97%, Apr 05, 2021 77 76 149,000 Industrial Alliance Insurance & Financial 121,000 OMERS Realty Corp., Services, Inc., FRN 3.36%, Jun 05, 2023 124 123 2.64%, Feb 23, 2027 149 147 241,000 OMERS Realty Corp., 40,000 Intact Financial Corp., 3.33%, Nov 12, 2024 242 245 3.77%, Mar 02, 2026 40 41 110,000 OMERS Realty Corp., 80,000 Inter Pipeline Ltd., 3.24%, Oct 04, 2027 110 110 2.73%, Apr 18, 2024 80 77 167,000 OPB Finance Trust, 120,000 Inter Pipeline Ltd., 1.88%, Feb 24, 2022 164 163 3.48%, Dec 16, 2026 120 118 67,000 OPB Finance Trust, 75,000 Ivanhoe Cambridge II, Inc., 2.98%, Jan 25, 2027 67 67 2.91%, Jun 27, 2023 75 75 500,000 Parkland Fuel Corp., 85,000 Keyera Corp., 5.75%, Sep 16, 2024 500 506 3.93%, Jun 21, 2028 85 85 119,000 Pembina Pipeline Corp., 15,000 Laurentian Bank of Canada, 4.89%, Mar 29, 2021 130 125 2.50%, Jan 23, 2020 15 15 175,000 Pembina Pipeline Corp., 47,000 Loblaw Cos., Ltd., 2.99%, Jan 22, 2024 174 172 4.86%, Sep 12, 2023 53 51 100,000 Pembina Pipeline Corp., 126,000 Lower Mattagami Energy LP, 4.02%, Mar 27, 2028 100 101 4.18%, Feb 23, 2046 128 140 39,000 Pembina Pipeline Corp., 54,000 Manitoba Telecom Services, Inc., 4.81%, Mar 25, 2044 40 40 4.00%, May 27, 2024 55 56 155,000 Pembina Pipeline Corp., 60,000 Manulife Bank of Canada, 4.74%, Jan 21, 2047 155 158 2.08%, May 26, 2022 60 58 10,000 Plenary Health Care Partnerships 100,000 Manulife Financial Corp., Humber LP, 3.32%, May 09, 2028 100 100 4.82%, Nov 30, 2044 11 12 200,000 Manulife Financial Corp., FRN 24,825 Plenary Properties LTAP LP, 3.05%, Aug 20, 2029 200 196 6.29%, Jan 31, 2044 32 33 397,000 McGill University Health Centre, 253,000 Reliance LP, 5.36%, Dec 31, 2043 473 520 3.81%, Sep 15, 2020 253 257 260,000 Morguard Corp., 75,000 Reliance LP, 4.09%, May 14, 2021 261 262 4.08%, Aug 02, 2021 75 77 70,000 Morguard Corp., 80,000 Reliance LP, 4.33%, Sep 15, 2022 70 71 3.84%, Mar 15, 2025 80 79 10,000 Muskrat Falls / Labrador Transmission Assets 60,000 RioCan REIT, Funding Trust, 3.75%, May 30, 2022 60 61 3.63%, Jun 01, 2029 11 11 30,000 RioCan REIT, 58,000 National Bank of Canada, 3.21%, Sep 29, 2023 30 30 1.74%, Mar 03, 2020 58 57 22,000 Rogers Communications, Inc., 50,000 National Bank of Canada, FRN 4.00%, Mar 13, 2024 23 23 3.18%, Feb 01, 2028 50 49

The accompanying notes are an integral part of the financial statements.

52 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 18,000 Rogers Communications, Inc., 106,000 TELUS Corp., 6.56%, Mar 22, 2041 22 24 5.15%, Nov 26, 2043 113 117 126,000 Royal Bank of Canada, 80,000 TELUS Corp., 2.86%, Mar 04, 2021 130 127 4.40%, Jan 29, 2046 80 79 50,000 Royal Bank of Canada, 6,000 The 55 Ontario School Board Trust, 1.65%, Jul 15, 2021 49 48 5.90%, Jun 02, 2033 8 8 65,000 Royal Bank of Canada, 50,000 The Bank of Nova Scotia, 1.58%, Sep 13, 2021 65 63 3.27%, Jan 11, 2021 53 51 70,000 Royal Bank of Canada, 65,000 The Bank of Nova Scotia, 2.48%, Jun 04, 2025 70 69 1.90%, Dec 02, 2021 64 63 95,000 Royal Bank of Canada, 85,000 The Bank of Nova Scotia, 3.45%, Sep 29, 2026 97 96 1.83%, Apr 27, 2022 85 82 10,000 Scotiabank Capital Trust, FRN 75,000 The Bank of Nova Scotia, 5.65%, Dec 31, 2056 11 12 2.36%, Nov 08, 2022 75 73 11,000 Shaw Communications, Inc., 65,000 The Bank of Nova Scotia, 5.50%, Dec 07, 2020 12 12 2.98%, Apr 17, 2023 65 65 191,000 Shaw Communications, Inc., 180,000 The Bank of Nova Scotia, 4.35%, Jan 31, 2024 202 200 2.29%, Jun 28, 2024 180 173 90,000 Shaw Communications, Inc., 45,000 The Empire Life Insurance Co., FRN 3.80%, Mar 01, 2027 90 91 3.66%, Mar 15, 2028 45 45 210,000 Smart REIT, 75,000 The Manufacturers Life Insurance Co., 4.05%, Jul 27, 2020 219 215 2.64%, Jan 15, 2025 75 75 79,000 Smart REIT, 242,000 The Manufacturers Life Insurance Co., 3.75%, Feb 11, 2021 81 80 2.39%, Jan 05, 2026 242 240 85,000 Smart REIT, 158,000 The Manufacturers Life Insurance Co., 3.73%, Jul 22, 2022 86 86 3.18%, Nov 22, 2027 158 159 181,000 Smart REIT, 130,000 The Toronto-Dominion Bank, 3.56%, Feb 06, 2025 181 178 2.56%, Jun 24, 2020 134 130 70,000 SNC-Lavalin Group, Inc., 425,000 The Toronto-Dominion Bank, 2.69%, Nov 24, 2020 70 70 2.05%, Mar 08, 2021 427 418 91,000 SNC-Lavalin Group, Inc., 425,000 The Toronto-Dominion Bank, 3.24%, Mar 02, 2023 91 91 3.23%, Jul 24, 2024 464 431 21,124 SNC-Lavalin Innisfree McGill Finance, Inc., 5,000 The Toronto-Dominion Bank, FRN 6.63%, Jun 30, 2044 27 27 3.22%, Jul 25, 2029 5 5 36,000 Sun Life Financial, Inc., 33,000 Thomson Reuters Corp., 4.57%, Aug 23, 2021 40 38 3.31%, Nov 12, 2021 34 33 54,000 Sun Life Financial, Inc., 105,000 TMX Group Ltd., 2.60%, Sep 25, 2025 54 54 3.00%, Dec 11, 2024 105 104 120,000 Sun Life Financial, Inc., 60,000 Toromont Industries Ltd., 2.75%, Nov 23, 2027 120 118 3.84%, Oct 27, 2027 60 61 250,000 Superior Plus LP, 30,000 Toronto Hydro Corp., 5.25%, Feb 27, 2024 254 243 3.49%, Feb 28, 2048 30 30 22,000 TCHC Issuer Trust, 20,000 TransCanada PipeLines Ltd., 4.88%, May 11, 2037 26 27 3.39%, Mar 15, 2028 20 20 56,000 TELUS Communications, Inc., 14,000 TransCanada PipeLines Ltd., 8.80%, Sep 22, 2025 80 74 6.28%, May 26, 2028 17 17 500,000 TELUS Corp., 100,000 TransCanada PipeLines Ltd., 5.05%, Jul 23, 2020 526 524 4.35%, Jun 06, 2046 101 103 90,000 TELUS Corp., 80,000 TransCanada PipeLines Ltd., 3.60%, Jan 26, 2021 92 92 4.33%, Sep 16, 2047 80 82 299,000 TELUS Corp., 50,000 TransCanada PipeLines Ltd., 3.75%, Jan 17, 2025 304 306 4.18%, Jul 03, 2048 50 50 101,000 TELUS Corp., 23,000 Vancouver Airport Authority, 3.75%, Mar 10, 2026 104 103 7.43%, Dec 07, 2026 32 31

The accompanying notes are an integral part of the financial statements.

53 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 111,000 VW Credit Canada, Inc., 39,000 Province of British Columbia Interest Strip, 2.90%, Mar 29, 2021 111 111 zero coupon, Dec 18, 2023 35 34 19,000 Westcoast Energy, Inc., 49,000 Province of Manitoba, 8.85%, Jul 21, 2025 26 25 1.55%, Sep 05, 2021 49 48 6,061 Winnipeg Airport Authority, Inc., 102,000 Province of Manitoba, 5.21%, Sep 28, 2040 7 7 4.60%, Mar 05, 2038 120 125 10,000 Winnipeg Airport Authority, Inc., 119,000 Province of Manitoba, 3.66%, Sep 30, 2047 10 11 4.65%, Mar 05, 2040 141 148 26,000 Province of Manitoba, 23,550 23,438 3.35%, Mar 05, 2043 25 27 Provincial Bonds 24.2% 154,000 Province of Manitoba, 57,000 Financement-Québec, 4.05%, Sep 05, 2045 170 181 5.25%, Jun 01, 2034 72 73 382,000 Province of Manitoba, 266,000 Hydro-Québec, 2.85%, Sep 05, 2046 350 364 5.00%, Feb 15, 2045 334 364 53,000 Province of Manitoba, 9,000 Labrador-Island Link Funding Trust, 3.40%, Sep 05, 2048 53 56 3.76%, Jun 01, 2033 10 10 1,000,000 Province of Newfoundland and Labrador, 40,000 Labrador-Island Link Funding Trust, 1.95%, Jun 02, 2022 984 980 3.85%, Dec 01, 2053 47 48 69,000 Province of Nova Scotia, 426,000 Municipal Finance Authority of British 2.10%, Jun 01, 2027 69 65 Columbia, 300,000 Province of Nova Scotia, 3.75%, Sep 26, 2023 458 450 3.45%, Jun 01, 2045 332 322 42,000 Municipal Finance Authority of British 1,934,000 Province of Ontario, Columbia, 3.15%, Jun 02, 2022 2,095 1,986 4.95%, Dec 01, 2027 49 49 1,281,000 Province of Ontario, 22,410 New Brunswick F-M Project Co., Inc., 3.50%, Jun 02, 2024 1,365 1,342 6.47%, Nov 30, 2027 28 26 60,000 Province of Ontario, 35,000 Ontario Electricity Financial Corp., 2.65%, Feb 05, 2025 60 60 8.90%, Aug 18, 2022 50 44 250,000 Province of Ontario, 11,067 Ontario School Boards Financing Corp., 2.90%, Jun 02, 2028 247 251 6.55%, Oct 19, 2026 14 13 389,000 Province of Ontario, 25,689 Ontario School Boards Financing Corp., 5.85%, Mar 08, 2033 521 522 5.38%, Jun 25, 2032 30 29 420,000 Province of Ontario, 580,000 Province of Alberta, 5.60%, Jun 02, 2035 590 565 2.20%, Jun 01, 2026 560 558 933,000 Province of Ontario, 260,000 Province of Alberta, 4.70%, Jun 02, 2037 1,118 1,161 3.30%, Dec 01, 2046 277 275 81,000 Province of Ontario, 675,000 Province of Alberta, 4.60%, Jun 02, 2039 98 101 3.05%, Dec 01, 2048 637 684 503,000 Province of Ontario, 2,242,000 Province of British Columbia, 4.65%, Jun 02, 2041 596 638 2.70%, Dec 18, 2022 2,311 2,270 857,000 Province of Ontario, 101,000 Province of British Columbia, 3.45%, Jun 02, 2045 859 925 3.30%, Dec 18, 2023 106 105 229,000 Province of Ontario, 95,000 Province of British Columbia, 2.90%, Dec 02, 2046 240 224 5.70%, Jun 18, 2029 124 121 75,000 Province of Ontario, 11,000 Province of British Columbia, 2.80%, Jun 02, 2048 68 72 6.35%, Jun 18, 2031 16 15 44,000 Province of Ontario, 72,000 Province of British Columbia, 2.90%, Jun 02, 2049 44 43 4.70%, Jun 18, 2037 87 91 34,000 Province of Quebec, 178,000 Province of British Columbia, 2.45%, Mar 01, 2023 34 34 4.95%, Jun 18, 2040 230 237 652,000 Province of Quebec, 212,000 Province of British Columbia, 8.50%, Apr 01, 2026 948 911 2.80%, Jun 18, 2048 206 209 766,000 Province of Quebec, 6.00%, Oct 01, 2029 1,006 996

The accompanying notes are an integral part of the financial statements.

54 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 166,000 Province of Quebec, 29,000 Canadian Government Bond Residual Strip, 6.25%, Jun 01, 2032 227 229 zero coupon, Jun 01, 2041 17 18 74,000 Province of Quebec, 100,000 PSP Capital, Inc., 5.00%, Dec 01, 2038 93 97 1.34%, Aug 18, 2021 100 97 604,000 Province of Quebec, 46,000 PSP Capital, Inc., 4.25%, Dec 01, 2043 688 740 2.09%, Nov 22, 2023 46 45 223,000 Province of Quebec, 1,250,000 PSP Capital, Inc., 3.50%, Dec 01, 2045 218 245 3.29%, Apr 04, 2024 1,305 1,294 341,000 Province of Quebec, 14,980 14,552 3.50%, Dec 01, 2048 360 378 698,000 Province of Quebec Residual Strip, Municipal Bonds 2.7% zero coupon, Dec 01, 2043 301 333 161,000 City of Montreal, 71,000 Province of Saskatchewan, 3.50%, Sep 01, 2024 170 168 3.20%, Jun 03, 2024 74 73 800,000 City of Montreal, 16,000 Province of Saskatchewan, 3.00%, Sep 01, 2025 809 806 5.80%, Sep 05, 2033 22 22 166,000 City of Montreal, 18,000 Province of Saskatchewan, 3.00%, Sep 01, 2027 166 166 5.60%, Sep 05, 2035 24 24 44,000 City of Montreal, 9,000 Province of Saskatchewan, 4.25%, Dec 01, 2032 48 49 5.00%, Mar 05, 2037 11 12 43,000 City of Ottawa, 14,000 Province of Saskatchewan, 3.10%, Jul 27, 2048 41 42 3.40%, Feb 03, 2042 14 15 16,000 City of Toronto, 567,000 Province of Saskatchewan, 3.50%, Dec 06, 2021 17 17 3.30%, Jun 02, 2048 579 603 400,000 City of Toronto, 8,192 Royal Office Finance LP, 3.40%, May 21, 2024 413 414 5.21%, Nov 12, 2032 10 10 21,000 City of Toronto, 14,000 South Coast British Columbia Transportation 3.50%, Jun 02, 2036 22 22 Authority, 377,000 City of Toronto, 4.45%, Jun 09, 2044 16 17 5.20%, Jun 01, 2040 465 493 28,000 City of Toronto, 20,500 20,650 4.70%, Jun 10, 2041 33 35 Federal Bonds 17.0% 8,000 Regional Municipality of Peel, 373,000 Canada Housing Trust No. 1, 5.10%, Jun 29, 2040 10 10 2,35%, Jun 15, 2023 373 372 12,000 Regional Municipality of Peel, 2,080,000 Canada Housing Trust No. 1, 3.85%, Oct 30, 2042 12 13 2.55%, Mar 15, 2025 2,237 2,091 12,000 The Regional Municipality of York, 800,000 Canada Housing Trust No. 1, 5.00%, Apr 29, 2019 13 12 1.95%, Dec 15, 2025 799 770 31,000 The Regional Municipality of York, 1,385,000 Canada Housing Trust No. 1, 4.00%, Jun 30, 2021 34 32 1.90%, Sep 15, 2026 1,385 1,322 30,000 The Regional Municipality of York, 3,929,000 Canada Housing Trust No. 1, 2.35%, Jun 09, 2027 30 29 2.35%, Jun 15, 2027 3,943 3,868 2,283 2,308 703,000 Canadian Government Bond, 2.00%, Jun 01, 2028 694 692 Term Loans 0.6% 134,000 Canadian Government Bond, USD 262,849 Garda World Security Corp., 5.75%, Jun 01, 2029 199 180 5.82%, May 26, 2024 356 346 700,000 Canadian Government Bond, USD 99,500 Livingston International, Inc., 5.75%, Jun 01, 2033 1,115 1,014 8.08%, Mar 30, 2020 124 131 119,000 Canadian Government Bond, USD 50,000 Valeant Pharmaceuticals International, Inc., 4.00%, Jun 01, 2041 151 157 5.32%, May 30, 2025 65 66 468,000 Canadian Government Bond, 545 543 3.50%, Dec 01, 2045 620 591 61,858 61,491 1,821,000 Canadian Government Bond, 2.75%, Dec 01, 2048 1,996 2,041

The accompanying notes are an integral part of the financial statements.

55 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) United States 24.9% USD 150,000 Exela Intermediate LLC / Exela Finance, Inc., Corporate Bonds 18.7% 10.00%, Jul 15, 2023 190 202 USD 250,000 Albertsons Cos. LLC / Safeway, Inc. / New USD 150,000 Extraction Oil & Gas, Inc., Albertson’s, Inc. / Albertson’s LLC, 5.63%, Feb 01, 2026 184 189 6.63%, Jun 15, 2024 327 312 USD 100,000 Flex Acquisition Company, Inc., USD 250,000 Albertsons Cos. LLC / Safeway, Inc. / New 7.88%, Jul 15, 2026 133 131 Albertson’s, Inc. / Albertson’s LLC, USD 200,000 Freedom Mortgage Corp., 5.75%, Mar 15, 2025 326 293 8.13%, Nov 15, 2024 261 256 USD 500,000 AMC Entertainment Holdings, Inc., USD 50,000 FTS International, Inc., 6.13%, May 15, 2027 648 641 6.25%, May 01, 2022 64 67 USD 100,000 AmeriGas Partners LP / AmeriGas Finance USD 250,000 Halcon Resources Corp., Corp., 6.75%, Feb 15, 2025 323 309 5.88%, Aug 20, 2026 128 129 USD 250,000 Hughes Satellite Systems Corp., USD 200,000 Archrock Partners LP / Archrock Partners 5.25%, Aug 01, 2026 326 310 Finance Corp, USD 200,000 iStar, Inc., 6.00%, Apr 01, 2021 259 262 5.00%, Jul 01, 2019 259 263 105,000 Bank of America Corp., FRN USD 250,000 iStar, Inc., 3.30%, Apr 24, 2024 105 105 5.25%, Sep 15, 2022 321 319 260,000 Bank of America Corp., FRN USD 150,000 Kronos Acquisition Holdings, Inc., 3.41%, Sep 20, 2025 260 260 9.00%, Aug 15, 2023 181 178 USD 250,000 BWAY Holdings Co., USD 350,000 Lennar Corp, 7.25%, Apr 15, 2025 334 321 4.75%, Nov 29, 2027 447 434 USD 250,000 Calumet Specialty Products Partners LP / USD 200,000 Mercer International, Inc., Calumet Finance, 5.50%, Jan 15, 2026 255 256 6.50%, Apr 15, 2021 255 329 409,000 Metropolitan Life Global Funding I, USD 250,000 CCO Holdings LLC/CCO Holdings Capital 3.03%, Jun 11, 2020 418 412 Corp., USD 150,000 MGM Resorts International, 5.00%, Feb 01, 2028 314 303 5.75%, Jun 15, 2025 196 198 USD 250,000 Cengage Learning, Inc., USD 53,000 Micron Technology, Inc., 9.50%, Jun 15, 2024 325 279 5.50%, Feb 01, 2025 57 73 USD 131,000 CHS/Community Health Systems, Inc., 320,000 Morgan Stanley, 6.88%, Feb 01, 2022 114 89 3.00%, Feb 07, 2024 320 315 USD 14,000 CHS/Community Health Systems, Inc., USD 100,000 Nabors Industries, Inc., 8.13%, Jun 30, 2024 15 15 5.75%, Feb 01, 2025 121 125 168,000 Citigroup, Inc., USD 500,000 Nationstar Mortgage LLC / Nationstar 3.39%, Nov 18, 2021 170 171 Capital Corp., USD 17,000 Citigroup, Inc., 6.50%, Jun 01, 2022 520 654 5.30%, May 06, 2044 21 23 USD 300,000 Netflix, Inc., 165,000 Cominar REIT, 5.88%, Nov 15, 2028 385 400 4.94%, Jul 27, 2020 169 169 USD 200,000 NGL Energy Partners LP / NGL Energy USD 200,000 Crown Americas LLC / Crown Americas Finance Corp., Capital Corp VI, 6.13%, Mar 01, 2025 261 250 4.75%, Feb 01, 2026 249 251 USD 100,000 Oasis Petroleum Inc., USD 137,000 CSI Compressco LP / CSI Compressco 6.25%, May 01, 2026 130 133 Finance, Inc., USD 400,000 Post Holdings, Inc., 7.25%, Aug 15, 2022 167 166 5.00%, Aug 15, 2026 529 492 USD 100,000 CSI Compressco LP / CSI Compressco USD 350,000 Prime Security Services Borrrower LLC / Finance, Inc., Prime Finance, Inc., 7.50%, Apr 01, 2025 128 133 9.25%, May 15, 2023 474 491 USD 200,000 Dean Foods Co., USD 117,691 Revlon Consumer Products Corp., 6.50%, Mar 15, 2023 251 253 5.15%, Sep 07, 2023 132 121 USD 250,000 Discover Financial Services, FRN USD 325,000 Sprint Corp., 5.50%, Dec 31, 2049 321 321 7.25%, Sep 15, 2021 429 446

The accompanying notes are an integral part of the financial statements.

56 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 200,000 Starwood Property Trust, Inc., USD 244,673 Cengage Learning, Inc., 4.75%, Mar 15, 2025 253 253 5.84%, Jun 07, 2023 316 296 USD 50,000 Targa Resources Partners LP / Targa USD 100,000 CHS / Community Health Systems, Inc., Resources Partners, 4.73%, Dec 31, 2019 129 131 4.25%, Nov 15, 2023 62 63 USD 173,267 Exela Intermediate LLC, USD 150,000 Team Health Holdings, Inc., 8.50%, Jul 12, 2023 225 229 6.38%, Feb 01, 2025 173 171 USD 50,000 Exela Intermediate LLC, USD 250,000 Tempur Sealy International, Inc., 9.84%, Jul 12, 2023 66 66 5.50%, Jun 15, 2026 329 319 USD 65,000 Gentiva Health Services, Inc., USD 250,000 The ADT Corp., 6,09%, Jul 02, 2025 86 85 6.25%, Oct 15, 2021 337 342 USD 46,000 Gentiva Health Services, Inc., USD 100,000 The ADT Corp., 9.34%, Jul 02, 2026 61 61 3.50%, Jul 15, 2022 118 124 USD 100,000 IQVIA, Inc., USD 500,000 The GEO Group, Inc., 4.08%, Jun 11, 2025 129 131 6.00%, Apr 15, 2026 662 641 USD 150,000 ISTAR, Inc., 100,000 The Goldman Sachs Group, Inc., FRN 5.09%, Jun 19, 2023 199 197 3.31%, Oct 31, 2025 100 99 USD 99,484 McGraw-Hill Global Education USD 200,000 Toll Brothers Finance Corp., Holdings LLC, 4.35%, Feb 15, 2028 249 236 5.65%, May 02, 2022 124 128 USD 150,000 Ultra Resources, Inc., USD 125,000 Metro Goldwyn Mayer, Inc., 7.13%, Apr 15, 2025 166 140 6.84%, Jun 29, 2026 163 163 USD 500,000 United Rentals North America, Inc., USD 239,930 Mohegan Tribal Gaming Authority, 4.88%, Jan 15, 2028 621 611 5.65%, Oct 13, 2023 312 299 USD 100,000 ViaSat, Inc., USD 50,000 PLY Gem Industries, Inc., 5.63%, Sep 15, 2025 124 124 6.09%, Apr 12, 2025 64 66 USD 100,000 Wand Merger Corp., USD 49,874 Rackspace Hosting, Inc., 8.13%, Jul 15, 2023 133 133 5.34%, Nov 03, 2023 64 65 185,000 Wells Fargo & Co., USD 245,634 Reynolds Group Holdings, Inc., 2.09%, Apr 25, 2022 185 179 4.40%, Feb 05, 2023 320 323 190,000 Wells Fargo & Co., USD 100,000 Stars Group Holdings BV, 2.98%, May 19, 2026 190 182 5.33%, Oct 01, 2021 131 131 USD 100,000 West Corp., USD 248,617 Team Health Holdings, Inc., 8.50%, Oct 15, 2025 121 121 3.75%, Feb 06, 2024 308 315 USD 250,000 William Lyon Homes, Inc., USD 246,258 TransDigm Inc, 7.00%, Aug 15, 2022 351 336 2.50%, Jun 09, 2023 317 322 USD 54,000 Windstream Services LLC / Windstream USD 200,000 Uber Technologies, Inc., Finance Corp., 6.33%, Mar 22, 2025 259 264 8.75%, Dec 15, 2024 46 45 USD 50,000 UFC Holdings, LLC, USD 37,000 Windstream Services LLC / Windstream 4.90%, Aug 18, 2023 65 66 Finance Corp., USD 100,000 West Corp., 8.63%, Oct 31, 2025 40 46 4.50%, Oct 10, 2024 129 131 USD 100,000 WP CPP Holdings LLC, 16,062 16,014 6.11%, Apr 30, 2025 129 132 Term Loans 5.8% USD 100,000 WP CPP Holdings LLC, USD 242,548 Air Methods Corp., 10.11%, Apr 30, 2026 128 132 5.19%, Apr 13, 2024 320 307 4,918 4,926 USD 300,000 Albertson’s LLC, 5.33%, May 03, 2023 385 395 Federal Bonds 0.4% USD 248,750 Avaya, Inc., USD 140,000 United States Treasury Note, 6.57%, Dec 15, 2024 330 328 1.88%, Feb 28, 2022 187 179 USD 99,498 BWAY Corp., 4.87%, Mar 23, 2024 126 130 USD 25,000 BWAY Holdings Co., 5.59%, Apr 03, 2024 33 33

The accompanying notes are an integral part of the financial statements.

57 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 105,000 United States Treasury Note, Supranational Bonds 0.1% 2.25%, Feb 15, 2027 138 132 15,000 EUROFIMA, USD 25,000 United States Treasury Note, 5.15%, Dec 13, 2019 17 16 2.25%, Nov 15, 2027 31 31 10,000 European Investment Bank, 4.60%, Jan 30, 2037 12 12 356 342 48,000 Inter-American Development Bank, 21,336 21,282 1.88%, Mar 20, 2020 49 48 Global 3.3% 32,000 Inter-American Development Bank, Corporate Bonds 2.3% 4.40%, Jan 26, 2026 37 35 80,000 BP Capital Markets PLC, 115 111 3.47%, May 15, 2025 80 81 USD 250,000 C&W Senior Financing Designated Activity 2,736 2,814 Co., 85,930 85,587 6.88%, Sep 15, 2027 318 316 SHORT-TERM INVESTMENTS 0.4% 76,000 European Investment Bank, USD 250,000 Federal Home Loan Bank, 2.38%, Jan 18, 2023 76 76 0.79%, Jul 03, 2018 329 329 158,000 Heathrow Funding Ltd., 3.00%, Jun 17, 2021 160 159 EQUITIES 0.0% 269,000 Heathrow Funding Ltd., United States 0.0% 3.25%, May 21, 2027 267 270 Industrials 0.0% 50,000 Heathrow Funding Ltd., 1,007 Tervita Corp. 14 14 3.40%, Mar 08, 2028 50 50 Investments 86,273 85,930 USD 250,000 Intelsat Luxembourg SA, Transaction costs - 8.13%, Jun 01, 2023 264 268 76,000 International Bank for Reconstruction & Total investments 86,273 85,930 Development, Derivative assets 0.2% 188 2.25%, Jan 17, 2023 75 76 Derivative liabilities (0.1%) (112) USD 250,000 Teekay Offshore Partners LP / Teekay Other assets less liabilities (0.6%) (534) Offshore Finance Corp., Net assets attributable to unitholders 6.00%, Jul 30, 2019 271 337 100.0% 85,472 USD 250,000 Teva Pharmaceutical Finance Netherlands III BV, 6.00%, Apr 15, 2024 324 326 1,885 1,959 Term Loans 0.7% USD 150,000 Intelsat Jackson Holdings SA, 6.07%, Nov 27, 2023 186 197 USD 241,000 Sable International Finance Ltd., 5.62%, Jan 31, 2026 302 318 USD 49,139 SS&C Technologies Holdings Europe Sarl, 4.86%, Apr 16, 2025 63 65 551 580 Government Bonds 0.2% USD 100,000 Argentine Republic Government International Bond, 5.88%, Jan 11, 2028 124 107 31,000 NRW Bank, 4.50%, Mar 01, 2019 34 31 25,000 Svensk Exportkredit AB, 4.45%, Mar 15, 2019 27 26 185 164

The accompanying notes are an integral part of the financial statements.

58 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE PLUS FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Corporate Bonds 27.4 32.7 Provincial Bonds 24.2 23.4 Federal Bonds 17.0 15.7 Municipal Bonds 2.7 3.3 Term Loans 0.6 0.4 United States Corporate Bonds 18.7 15.9 Term Loans 5.8 3.2 Federal Bonds 0.4 0.4 Global Corporate Bonds 2.3 2.2 Term Loans 0.7 0.4 Government Bonds 0.2 0.1 Supranational Bonds 0.1 0.1 Short-Term Investments 0.4 0.8 Equities United States Information Technology - 0.1 Derivative assets 0.2 0.2 Derivative liabilities (0.1) (0.1) Other assets less liabilities (0.6) 1.2 100.0 100.0

FORWARD FOREIGN CURRENCY CONTRACTS 0.2% Purchased Currency Sold Currency Valueasat Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 1.32836 Aug 31, 2018 CAD 17,601 USD 17,413 188 Royal Bank of Canada AA- Derivative assets 188 FUTURES CONTRACTS (0.1%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) (10) EUR 162.06 Euro Bond Future Sep 06, 2018 EUR 1,626 EUR 162.55 (8) (27) CAD 132.86 10-Year Government of Canada Bond Futures Sep 19, 2018 CAD 3,691 CAD 136.71 (104) Derivative liabilities (112)

The accompanying notes are an integral part of the financial statements.

59 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

STATEMENT OF FINANCIAL POSITION STATEMENT OF COMPREHENSIVE INCOME As at June 30, 2018 For the period ended June 30 2018 (In thousands except for per unit amounts) (Unaudited) $ (In thousands except for per unit amounts) (Unaudited) $

Assets Income Current assets Interest for distribution purposes 240 Investments, at fair value 40,001 Realized gain (loss) on sales of investments 1 Cash 245 Change in unrealized appreciation (depreciation) in the value of Receivable from investments sold 379 investments 279 Interest, dividends and other receivables 326 520 40,951 Expenses Liabilities Audit fees 1 Unitholder reporting costs 4 Current liabilities Custodial fees 1 Redemptions payable 39 Payable on investments purchased 1,413 6 Accrued expenses and other liabilities 5 Increase (decrease) in net assets attributable to 1,457 unitholders 514 Net assets attributable to unitholders 39,494 Increase (decrease) in net assets attributable to unitholders per unit 0.37 Net assets attributable to unitholders per unit 10.14 STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the period ended June 30 (In thousands except for per unit amounts) 2018 (Unaudited)$

Net assets attributable to unitholders - beginning of period - Increase (decrease) in net assets attributable to unitholders 514 Security Transactions Proceeds from units issued 39,452 Redemption of units (472)

Total security transactions 38,980

Net assets attributable to unitholders - end of period 39,494

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period - Units issued 3,943 Units issued for reinvestment of distributions - Units redeemed (47)

Units outstanding end of period 3,896

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Cor- Bernard Letendre Warren Thomson porate Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

60 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

STATEMENT OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the period ended June 30 2018 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to unitholders 514 BONDS 99.2% Adjustments for: Canada 91.4% Realized gain (loss) on sales of investments (1) Corporate Bonds 91.4% Change in unrealized appreciation (depreciation) in the value of 180,000 407 International, Inc., investments (279) 3.83%, May 11, 2046 182 189 Purchases of investments (19,094)* 275,000 407 International, Inc., Proceeds from disposition of investments 17,660 3.60%, May 21, 2047 268 278 Interest, dividends and other receivables (326) 230,000 Aeroports de Montreal, Accrued expenses and other liabilities 5 6.55%, Oct 11, 2033 316 320 Net cash provided by (used in) operating activities (1,521) 43,387 Alliance Pipeline LP, Cash flows from financing activities 7.18%, Jun 30, 2023 48 48 Proceeds from sale of units 2,199* 22,190 Alliance Pipeline LP, Payments for units redeemed (433) 5.55%, Dec 31, 2023 23 23 85,000 AltaGas Ltd., Net cash provided by (used in) financing activities 1,766 3.98%, Oct 04, 2027 84 86 Net increase (decrease) in cash 245 470,000 AltaLink LP, Cash (bank overdraft) beginning of period - 3.72%, Dec 03, 2046 473 487 Cash (bank overdraft) end of period 245 105,635 Arrow Lakes Power Corp., 5.52%, Apr 05, 2041 122 125 Supplemental information on cash flows from operating activities: 180,000 Bank of Montreal, Interest received, net of currency loss on foreign short term notes 2.84%, Jun 04, 2020 181 181 and foreign withholding taxes (86) 115,000 Bank of Montreal, * Excludes in-kind transactions. 1.88%, Mar 31, 2021 113 113 265,000 Bank of Montreal, 1.61%, Oct 28, 2021 255 256 175,000 Bank of Montreal, 2.27%, Jul 11, 2022 171 171 275,000 Bank of Montreal, 3.12%, Sep 19, 2024 277 276 210,000 Bell Canada, Inc., 3.00%, Oct 03, 2022 210 210 325,000 Bell Canada, Inc., 3.35%, Mar 22, 2023 328 329 220,000 Bell Canada, Inc., 3.60%, Sep 29, 2027 218 220 20,000 Bell Canada, Inc., 7.30%, Feb 23, 2032 26 27 200,000 Bell Canada, Inc., 6.17%, Feb 26, 2037 245 249 160,000 Bell Canada, Inc., 2.70%, Feb 27, 2047 155 156 230,000 Bell Canada, Inc., 4.45%, Feb 27, 2047 230 234 115,000 British Columbia Ferry Services, Inc., 5.02%, Mar 20, 2037 137 141 345,000 Brookfield Asset Management, Inc., 3.80%, Mar 16, 2027 340 344 185,000 Brookfield Property Finance ULC, 4.35%, Jul 03, 2023 185 185 80,000 Bruce Power LP, 2.84%, Jun 23, 2021 80 80 75,000 Bruce Power LP, 4.01%, Jun 21, 2029 76 77 150,000 Cameco Corp., 5.67%, Sep 02, 2019 155 154

The accompanying notes are an integral part of the financial statements.

61 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 395,000 Canadian Imperial Bank of Commerce, 255,000 Enbridge, Inc., 1.90%, Apr 26, 2021 386 387 5.75%, Sep 02, 2039 285 296 255,000 Canadian Imperial Bank of Commerce, 190,000 Enbridge, Inc., 1.64%, Jul 12, 2021 247 247 4.57%, Mar 11, 2044 183 191 140,000 Canadian Imperial Bank of Commerce, 255,000 Enbridge, Inc., FRN 2.04%, Mar 21, 2022 136 136 5.38%, Sep 27, 2077 239 243 115,000 Canadian Imperial Bank of Commerce, FRN 140,000 Enbridge, Inc., FRN 3.45%, Apr 04, 2028 115 114 6.63%, Apr 12, 2078 143 144 115,000 Canadian National Railway Co., 100,000 ENMAX Corp, 3.60%, Aug 01, 2047 112 116 3.84%, Jun 05, 2028 100 101 35,000 Canadian Utilities Ltd., 25,000 EPCOR Utilities, Inc., 3.12%, Nov 09, 2022 35 36 6.65%, Apr 15, 2038 35 36 115,000 Canadian Western Bank, 230,000 Fairfax Financial Holdings Ltd., 2.38%, Jan 23, 2020 115 115 4.50%, Mar 22, 2023 239 240 115,000 Canadian Western Bank, 100,000 Fairfax Financial Holdings Ltd., 2.88%, Mar 01, 2021 115 115 4.95%, Mar 03, 2025 105 106 115,000 Canadian Western Bank, 345,000 Fairfax Financial Holdings Ltd., 2.74%, Jun 16, 2022 113 113 4.25%, Dec 06, 2027 337 341 250,000 Capital Desjardins, Inc., 230,000 Fédération des Caisses Desjardins du 5.19%, May 05, 2020 263 261 Quebec, 290,000 Central 1 Credit Union, 2.09%, Jan 17, 2022 224 224 2.60%, Nov 07, 2022 283 284 225,000 Finning International, Inc., 325,000 Central 1 Credit Union, FRN 2.84%, Sep 29, 2021 225 225 2.89%, Apr 25, 2024 326 325 175,000 First Capital Realty, Inc., 40,000 Choice Properties LP, 5.48%, Jul 30, 2019 182 181 3.60%, Apr 20, 2020 41 41 150,000 First Capital Realty, Inc., 600,000 Choice Properties LP, 4.43%, Jan 31, 2022 156 156 3.60%, Sep 20, 2022 607 609 250,000 First Capital Realty, Inc., 165,000 Choice Properties REIT, 3.90%, Oct 30, 2023 254 255 2.30%, Sep 14, 2020 163 163 325,000 First National Financial Corp., 60,000 Choice Properties REIT, 4.01%, Apr 09, 2020 327 327 4.06%, Nov 24, 2025 61 61 175,000 Ford Credit Canada Co., 100,000 CT REIT, 3.35%, Sep 19, 2022 174 174 3.47%, Jun 16, 2027 96 97 225,000 Ford Credit Canada Ltd., 170,000 CU, Inc., 2.45%, May 07, 2020 223 223 5.58%, May 26, 2038 215 220 310,000 Ford Credit Canada Ltd., 50,000 CU, Inc., 2.58%, May 10, 2021 305 305 4.72%, Sep 09, 2043 58 60 230,000 FortisBC Energy, Inc., 185,000 CU, Inc., 5.20%, Dec 06, 2040 281 289 3.96%, Jul 27, 2045 192 198 130,000 FortisBC, Inc., 150,000 Daimler Canada Finance, Inc., 5.60%, Nov 09, 2035 161 164 1.91%, Jul 08, 2021 146 146 230,000 FortisBC, Inc., 215,000 Daimler Canada Finance, Inc., 4.00%, Oct 28, 2044 238 247 2.23%, Dec 16, 2021 210 210 375,000 General Motors Financial of Canada Ltd., 55,000 Enbridge Pipelines, Inc., 3.08%, May 22, 2020 377 376 3.00%, Aug 10, 2026 53 54 290,000 General Motors Financial of Canada Ltd., 15,000 Enbridge, Inc., 2.60%, Jun 01, 2022 281 282 4.77%, Sep 02, 2019 15 15 300,000 George Weston Ltd., 475,000 Enbridge, Inc., 4.12%, Jun 17, 2024 308 309 3.19%, Dec 05, 2022 472 476 83,003 Grand Renewable Solar LP, 300,000 Enbridge, Inc., 3.93%, Jan 31, 2035 81 82 3.94%, Jun 30, 2023 307 309 30,000 Greater Toronto Airports Authority, 115,000 Enbridge, Inc., 5.30%, Feb 25, 2041 39 40 3.20%, Jun 08, 2027 107 110

The accompanying notes are an integral part of the financial statements.

62 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 230,000 Greater Toronto Airports Authority, 150,000 Laurentian Bank of Canada, 4.53%, Dec 02, 2041 269 278 2.81%, Jun 13, 2019 151 150 60,000 H&R REIT, 135,000 Laurentian Bank of Canada, 3.42%, Jan 23, 2023 59 60 2.50%, Jan 23, 2020 134 134 150,000 Halifax International Airport Authority, 260,000 Laurentian Bank of Canada, 5.50%, Jul 19, 2041 193 197 2.75%, Apr 22, 2021 257 257 260,000 Health Montreal Collective LP, 225,000 Loblaw Cos., Ltd., 6.72%, Sep 30, 2049 345 349 5.22%, Jun 18, 2020 237 236 115,000 Honda Canada Finance, Inc., 45,000 Loblaw Cos., Ltd., 2.27%, Jul 15, 2022 112 112 6.54%, Feb 17, 2033 56 57 290,000 HSBC Bank Canada, 200,000 Manitoba Telecom Services, Inc., 1.82%, Jul 07, 2020 285 285 4.00%, May 27, 2024 206 207 475,000 HSBC Bank Canada, 70,000 Manulife Bank of Canada, 2.91%, Sep 29, 2021 476 475 2.08%, May 26, 2022 68 68 115,000 HSBC Bank Canada, 145,000 Manulife Bank of Canada, 2.17%, Jun 29, 2022 112 112 2.84%, Jan 12, 2023 144 144 200,000 Husky Energy, Inc., 115,000 Manulife Financial Corp., FRN 3.60%, Mar 10, 2027 197 199 3.05%, Aug 20, 2029 112 113 60,000 Hydro One, Inc., 350,000 Mccain Finance Canada Ltd., 6.03%, Mar 03, 2039 79 81 3.87%, Feb 07, 2023 360 362 240,000 Hydro One, Inc., 605,000 Morguard Corp., 5.49%, Jul 16, 2040 301 308 4.09%, May 14, 2021 608 609 70,000 Hydro One, Inc., 100,000 Morguard Corp., 3.91%, Feb 23, 2046 71 74 4.33%, Sep 15, 2022 100 101 100,000 Hydro One, Inc., 115,000 National Bank of Canada, 3.72%, Nov 18, 2047 99 102 1.81%, Jul 26, 2021 112 112 345,000 IGM Financial, Inc., 150,000 National Bank of Canada, 3.44%, Jan 26, 2027 339 344 1.96%, Jun 30, 2022 145 145 45,000 IGM Financial, Inc., 230,000 National Bank of Canada, FRN 7.11%, Mar 07, 2033 59 61 3.18%, Feb 01, 2028 226 225 60,000 IGM Financial, Inc., 175,000 North West Redwater Partnership / NWR 4.56%, Jan 25, 2047 62 64 Financing Co., Ltd., 100,000 Industrial Alliance Insurance & Financial 3.65%, Jun 01, 2035 170 174 Services, Inc., 31,819 Northwestconnect Group Partnership, 3.30%, Sep 15, 2028 100 101 5.95%, Apr 30, 2041 37 38 115,000 Intact Financial Corp., 340,000 Nova Scotia Power, Inc., 2.85%, Jun 07, 2027 109 110 4.50%, Jul 20, 2043 374 386 340,000 Inter Pipeline Ltd., 15,000 Pembina Pipeline Corp., 3.45%, Jul 20, 2020 345 345 3.77%, Oct 24, 2022 15 15 100,000 Inter Pipeline Ltd., 175,000 Pembina Pipeline Corp., 2.61%, Sep 13, 2023 96 97 3.71%, Aug 11, 2026 173 176 115,000 Inter Pipeline Ltd., 230,000 Pembina Pipeline Corp., 2.73%, Apr 18, 2024 110 111 4.24%, Jun 15, 2027 234 238 70,000 Inter Pipeline Ltd., 210,000 Pembina Pipeline Corp., 3.48%, Dec 16, 2026 68 69 4.81%, Mar 25, 2044 211 217 800,000 Ivanhoe Cambridge II, Inc., 60,000 Pembina Pipeline Corp., 2.91%, Jun 27, 2023 800 798 4.74%, Jan 21, 2047 60 61 275,000 John Deere Canada Funding, Inc., 76,389 Plenary Properties LTAP LP, 2.05%, May 13, 2022 267 267 6.29%, Jan 31, 2044 98 100 270,000 Keyera Corp., 170,000 Reliance LP, 3.93%, Jun 21, 2028 270 270 3.84%, Mar 15, 2025 167 169 122,913 Kingston Solar LP, 275,000 RioCan REIT, 3.57%, Jul 31, 2035 117 119 3.62%, Jun 01, 2020 280 279

The accompanying notes are an integral part of the financial statements.

63 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 195,000 RioCan REIT, 130,000 The Bank of Nova Scotia, 3.73%, Apr 18, 2023 198 199 2.09%, Sep 09, 2020 129 129 100,000 RioCan REIT, 295,000 The Bank of Nova Scotia, 3.29%, Feb 12, 2024 99 99 3.27%, Jan 11, 2021 300 299 25,000 Rogers Communications, Inc., 310,000 The Bank of Nova Scotia, 5.38%, Nov 04, 2019 26 26 1.90%, Dec 02, 2021 301 301 290,000 Rogers Communications, Inc., 115,000 The Bank of Nova Scotia, 4.70%, Sep 29, 2020 304 303 1.83%, Apr 27, 2022 111 111 240,000 Rogers Communications, Inc., 450,000 The Bank of Nova Scotia, 6.11%, Aug 25, 2040 295 300 2.36%, Nov 08, 2022 441 440 180,000 Royal Bank of Canada, 170,000 The Bank of Nova Scotia, 2.03%, Mar 15, 2021 177 177 2.98%, Apr 17, 2023 170 170 220,000 Royal Bank of Canada, 115,000 The Bank of Nova Scotia, 1.65%, Jul 15, 2021 213 213 2.29%, Jun 28, 2024 110 110 175,000 Royal Bank of Canada, 115,000 The Empire Life Insurance Co., 1.58%, Sep 13, 2021 169 169 3.38%, Dec 16, 2026 115 115 10,000 Royal Bank of Canada, 345,000 The Manufacturers Life Insurance Co., 1.97%, Mar 02, 2022 10 10 2.64%, Jan 15, 2025 346 346 300,000 Royal Bank of Canada, 315,000 The Manufacturers Life Insurance Co., 2.36%, Dec 05, 2022 294 294 3.18%, Nov 22, 2027 317 317 450,000 Royal Bank of Canada, 100,000 The Toronto-Dominion Bank, 2.33%, Dec 05, 2023 435 436 2.62%, Dec 22, 2021 100 100 15,000 Royal Bank of Canada, 130,000 The Toronto-Dominion Bank, 3.45%, Sep 29, 2026 15 15 1.99%, Mar 23, 2022 126 127 180,000 Scotiabank Capital Trust, FRN 355,000 The Toronto-Dominion Bank, FRN 5.65%, Dec 31, 2056 215 219 2.69%, Jun 24, 2025 354 354 25,000 Shaw Communications, Inc., 115,000 The Toronto-Dominion Bank, FRN 5.65%, Oct 01, 2019 26 26 3.22%, Jul 25, 2029 113 113 335,000 Shaw Communications, Inc., 220,000 Thomson Reuters Corp., 5.50%, Dec 07, 2020 358 356 3.31%, Nov 12, 2021 223 223 215,000 Shaw Communications, Inc., 150,000 TMX Group Ltd., 3.80%, Mar 01, 2027 214 217 3.78%, Jun 05, 2028 150 154 170,000 Shaw Communications, Inc., 115,000 Toromont Industries Ltd., 6.75%, Nov 09, 2039 211 214 3.84%, Oct 27, 2027 115 117 70,000 Sun Life Capital Trust II, 245,000 TransCanada PipeLines Ltd., 5.86%, Dec 31, 2108 73 73 3.39%, Mar 15, 2028 244 244 175,000 Sun Life Financial, Inc., 170,000 TransCanada PipeLines Ltd., 4.57%, Aug 23, 2021 185 185 8.05%, Feb 17, 2039 257 260 250,000 Sun Life Financial, Inc., 220,000 TransCanada PipeLines Ltd., 3.05%, Sep 19, 2028 248 249 4.35%, Jun 06, 2046 224 227 280,000 TELUS Corp., 65,000 TransCanada PipeLines Ltd., 5.05%, Jul 23, 2020 294 293 4.18%, Jul 03, 2048 65 65 325,000 TELUS Corp., 370,000 TransCanada PipeLines Ltd., FRN 2.35%, Mar 28, 2022 318 318 4.65%, May 18, 2077 355 355 195,000 TELUS Corp., 100,000 Union Gas Ltd., 3.75%, Mar 10, 2026 197 198 3.80%, Jun 01, 2046 101 104 30,000 TELUS Corp., 115,000 Veresen, Inc., 3.63%, Mar 01, 2028 30 30 3.43%, Nov 10, 2021 116 117 340,000 TELUS Corp., 370,000 Wells Fargo Canada Corp., 4.85%, Apr 05, 2044 351 359 3.46%, Jan 24, 2023 378 378 50,000 TELUS Corp., 35,815 36,085 4.75%, Jan 17, 2045 51 52 85,000 The Bank of Nova Scotia, 2.13%, Jun 15, 2020 84 84

The accompanying notes are an integral part of the financial statements.

64 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORPORATE FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) United States 7.8% SHORT-TERM INVESTMENTS 2.1% Corporate Bonds 7.8% 820,000 Merit Trust, 265,000 Anheuser-Busch InBev Finance, Inc., 0.73%, Jul 03, 2018 820 820 3.38%, Jan 25, 2023 269 268 Investments 39,722 40,001 230,000 Anheuser-Busch InBev Finance, Inc., 2.60%, May 15, 2024 222 222 Transaction costs - 115,000 Apple, Inc., Total investments 39,722 40,001 2.51%, Aug 19, 2024 112 112 Other assets less liabilities (1.3%) (507) 130,000 Bank of America Corp., FRN 3.30%, Apr 24, 2024 130 130 Net assets attributable to unitholders 140,000 Citigroup, Inc., 100.0% 39,494 5.16%, May 24, 2027 144 142 100,000 JPMorgan Chase & Co., CONCENTRATION RISK 3.19%, Mar 05, 2021 101 101 The following table shows a summary of the Fund’s concentration risk. 195,000 Manulife Finance Delaware LP, % of Net assets attributable to 5.06%, Dec 15, 2041 214 220 unitholders 230,000 Morgan Stanley, Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 3.00%, Feb 07, 2024 226 226 Bonds 445,000 The Goldman Sachs Group, Inc., Canada 3.55%, Feb 12, 2021 453 453 Corporate Bonds 91.4 N/A 160,000 The Goldman Sachs Group, Inc., United States 2.43%, Apr 26, 2023 155 156 Corporate Bonds 7.8 N/A 345,000 The Goldman Sachs Group, Inc., FRN Short-Term Investments 2.1 N/A 3.31%, Oct 31, 2025 338 340 Other assets less liabilities (1.3) N/A 290,000 United Parcel Service, Inc., 100.0 N/A 2.13%, May 21, 2024 275 277 210,000 Wells Fargo & Co., 2.09%, Apr 25, 2022 203 203 255,000 Wells Fargo & Co., 2.51%, Oct 27, 2023 245 246 3,087 3,096 38,902 39,181

The accompanying notes are an integral part of the financial statements.

65 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 371 312 Investments, at fair value 27,947 22,917 Realized gain (loss) on sales of investments (169) (51) Cash 69 54 Change in unrealized appreciation (depreciation) Receivable from investments sold 522 - in the value of investments (27) (151) Interest, dividends and other receivables 162 130 175 110 28,700 23,101 Expenses Liabilities Audit fees 2 3 Transfer agent fees 1 2 Current liabilities Filing fees 1 - Payable on investments purchased 524 - Unitholder reporting costs 3 1 Accrued expenses and other liabilities 7 12 Custodial fees 3 5 531 12 10 11 Net assets attributable to unitholders 28,169 23,089 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders 165 99 9.67 9.61 Increase (decrease) in net assets attributable to unitholders per unit 0.07 0.04

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 23,089 21,006 Increase (decrease) in net assets attributable to unitholders 165 99 Security Transactions Proceeds from units issued 4,968 4,542 Redemption of units (53) (1,261)

Total security transactions 4,915 3,281

Net assets attributable to unitholders - end of period 28,169 24,386

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 2,401 2,138 Units issued 517 458 Units issued for reinvestment of distributions - - Units redeemed (6) (127)

Units outstanding end of period 2,912 2,469

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Short Bernard Letendre Warren Thomson Duration Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

66 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 98.8% unitholders 165 99 Canada 92.3% Adjustments for: Corporate Bonds 50.3% Realized gain (loss) on sales of investments 169 51 250,000 AltaGas Ltd., Change in unrealized appreciation (depreciation) 4.07%, Jun 01, 2020 260 256 in the value of investments 27 151 110,000 Bank of Montreal, Purchases of investments (23,249) (11,546) 3.12%, Sep 19, 2024 110 110 Proceeds from disposition of investments 18,025 7,990 200,000 Bank of Montreal, FRN Receivable from Manager - (1) 3.34%, Dec 08, 2025 202 201 Interest, dividends and other receivables (32) 1 235,000 Bank of Montreal, FRN Accrued expenses and other liabilities (5) (3) 2.57%, Jun 01, 2027 232 229 Net cash provided by (used in) operating 850,000 Bell Canada, Inc., activities (4,900) (3,258) 3.15%, Sep 29, 2021 856 857 Cash flows from financing activities 55,000 BMW Canada, Inc., Proceeds from sale of units 4,968 4,542 2.57%, Aug 06, 2021 55 55 Payments for units redeemed (53) (1,261) 40,000 Brookfield Infrastructure Finance ULC, 3.54%, Oct 30, 2020 40 41 Net cash provided by (used in) financing 250,000 Caisse Centrale Desjardins, activities 4,915 3,281 1.75%, Mar 02, 2020 248 247 Net increase (decrease) in cash 15 23 35,000 Canadian Imperial Bank of Commerce, FRN Cash (bank overdraft) beginning of period 54 72 3.45%, Apr 04, 2028 35 35 94,429 Canadian Mortgage Pools, Cash (bank overdraft) end of period 69 95 1.60%, Mar 01, 2019 93 94 Supplemental information on cash flows from operating activities: 64,054 Canadian Mortgage Pools, Interest received, net of foreign withholding 1.95%, Apr 01, 2019 64 64 taxes 339 313 28,807 Canadian Mortgage Pools, 1.85%, Jun 01, 2019 29 29 30,000 Canadian Western Bank, 2.74%, Jun 16, 2022 30 30 180,000 Caterpillar Financial Services Ltd, 2.80%, Jun 08, 2021 180 180 300,000 CDP Financial, Inc., 4.60%, Jul 15, 2020 326 314 28,000 Central 1 Credit Union, 1.87%, Mar 16, 2020 28 28 200,000 Central 1 Credit Union, 2.60%, Nov 07, 2022 200 196 45,000 Choice Properties LP, 3.60%, Apr 20, 2020 46 46 40,000 Choice Properties REIT, 3.01%, Mar 21, 2022 40 40 75,000 CIBC Capital Trust, FRN 9.98%, Jun 30, 2108 91 80 20,000 Cominar REIT, 3.62%, Jun 21, 2019 20 20 15,000 Co-operators Financial Services Ltd., 5.78%, Mar 10, 2020 17 15 280,000 Daimler Canada Finance, Inc., 2.30%, Nov 23, 2020 280 277 315,000 Enbridge, Inc., 4.77%, Sep 02, 2019 342 323 350,000 Enbridge, Inc., 4.26%, Feb 01, 2021 362 362 510,000 First Capital Realty, Inc., 4.50%, Mar 01, 2021 531 530

The accompanying notes are an integral part of the financial statements.

67 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 100,000 First National Financial Corp., 30,000 Nissan Canada Financial Services, Inc., 4.01%, Apr 09, 2020 101 101 2.61%, Mar 05, 2021 30 30 450,000 Ford Auto Securitization Trust, 350,000 OMERS Realty Corp., 2.71%, Sep 15, 2023 450 449 2.47%, Nov 12, 2019 350 350 95,000 Ford Credit Canada Co., 125,000 Pembina Pipeline Corp., 2.77%, Jun 22, 2022 95 93 4.89%, Mar 29, 2021 135 131 40,000 Ford Credit Canada Co., 50,000 Reliance LP, 3.74%, May 08, 2023 40 40 4.08%, Aug 02, 2021 50 51 37,000 Ford Floorplan Auto Securitization Trust, 250,000 RioCan REIT, 2.20%, Jul 15, 2020 37 37 2.19%, Apr 09, 2021 250 245 105,000 Fortified Trust, 20,000 RioCan REIT, 2.16%, Oct 23, 2020 105 104 3.75%, May 30, 2022 20 20 505,000 General Motors Financial of Canada Ltd., 315,000 Rogers Communications, Inc., 3.08%, May 22, 2020 512 507 5.38%, Nov 04, 2019 350 327 180,000 General Motors Financial of Canada Ltd., 50,000 Rogers Communications, Inc., 3.00%, Feb 26, 2021 180 180 4.70%, Sep 29, 2020 55 52 60,000 General Motors Financial of Canada Ltd., 350,000 Royal Bank of Canada, 2.60%, Jun 01, 2022 60 58 1.65%, Jul 15, 2021 338 339 50,000 H&R REIT, 500,000 Royal Bank of Canada, 2.92%, May 06, 2022 49 49 2.99%, Dec 06, 2024 509 503 20,000 H&R REIT, 20,000 Royal Bank of Canada, 3.42%, Jan 23, 2023 20 20 2.48%, Jun 04, 2025 20 20 400,000 Hollis Receivables Term Trust II, 55,000 Royal Bank of Canada, FRN 1.79%, Feb 26, 2020 398 395 3.04%, Jul 17, 2024 55 55 25,000 Honda Canada Finance, Inc., 200,000 Shaw Communications, Inc., 2.49%, Dec 19, 2022 25 24 5.65%, Oct 01, 2019 215 208 150,000 HSBC Bank Canada, 115,000 Shaw Communications, Inc., 2.54%, Jan 31, 2023 150 147 5.50%, Dec 07, 2020 125 122 100,000 HSBC Bank Canada, 150,000 Smart REIT, 3.25%, Sep 15, 2023 100 100 4.05%, Jul 27, 2020 157 154 250,000 Hydro One, Inc., 160,000 SmartCentres Real Estate Investment Trust, 1.48%, Nov 18, 2019 250 247 2.88%, Mar 21, 2022 162 158 50,000 Intact Financial Corp., 20,000 SNC-Lavalin Group, Inc., 5.41%, Sep 03, 2019 57 52 2.69%, Nov 24, 2020 20 20 100,000 Ivanhoe Cambridge II, Inc., 20,000 SNC-Lavalin Group, Inc., 2.91%, Jun 27, 2023 100 100 3.24%, Mar 02, 2023 20 20 500,000 John Deere Canada Funding, Inc., 50,000 Sun Life Financial, Inc., 2.35%, Jun 24, 2019 499 501 2.75%, Nov 23, 2027 50 49 500,000 Laurentian Bank of Canada, 325,000 TELUS Corp., 2.50%, Jan 23, 2020 499 497 3.60%, Jan 26, 2021 333 332 60,000 Laurentian Bank of Canada, 15,000 TELUS Corp., 3.00%, Sep 12, 2022 60 59 2.35%, Mar 28, 2022 15 15 180,000 Manulife Financial Corp., 200,000 The Bank of Nova Scotia, 3.32%, May 09, 2028 180 181 3.27%, Jan 11, 2021 203 203 205,000 Morguard Corp., 90,000 The Bank of Nova Scotia, 4.09%, May 14, 2021 206 206 2.36%, Nov 08, 2022 88 88 250,000 Morguard Corp., 35,000 The Bank of Nova Scotia, 4.33%, Sep 15, 2022 251 253 2.98%, Apr 17, 2023 35 35 50,000 National Bank of Canada, FRN 130,000 The Bank of Nova Scotia, 3.18%, Feb 01, 2028 50 49 3.04%, Oct 18, 2024 132 131 350,000 Nissan Canada Financial Services, Inc., 15,000 The Bank of Nova Scotia, 1.75%, Apr 09, 2020 347 345 2.58%, Mar 30, 2027 15 15 130,000 Nissan Canada Financial Services, Inc., 45,000 The Manufacturers Life Insurance Co., 2.42%, Oct 19, 2020 130 129 2.64%, Jan 15, 2025 45 45

The accompanying notes are an integral part of the financial statements.

68 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 109,000 The Manufacturers Life Insurance Co., 765,000 Province of Ontario, 2.39%, Jan 05, 2026 109 108 3.15%, Jun 02, 2022 785 786 200,000 The Toronto-Dominion Bank, FRN 545,000 Province of Ontario, 2.69%, Jun 24, 2025 199 199 2.85%, Jun 02, 2023 552 553 300,000 Thomson Reuters Corp., 1,065,000 Province of Quebec, 4.35%, Sep 30, 2020 326 311 4.50%, Dec 01, 2020 1,183 1,123 30,000 Toyota Credit Canada, Inc., 150,000 Province of Quebec, 2.70%, Jan 25, 2023 30 30 4.25%, Dec 01, 2021 168 159 175,000 Veresen, Inc., 500,000 Province of Quebec, 3.06%, Jun 13, 2019 175 176 3.50%, Dec 01, 2022 523 522 46,000 VW Credit Canada, Inc., 5,843 5,684 2.90%, Mar 29, 2021 46 46 Municipal Bonds 1.5% 14,330 14,170 210,000 City of Montreal, Federal Bonds 20.3% 4.50%, Dec 01, 2021 234 224 915,000 Canada Housing Trust No. 1, 200,000 Regional Municipality of York, 1.75%, Jun 15, 2022 896 896 4.50%, Jun 30, 2020 213 209 1,925,000 Canada Housing Trust No. 1, 447 433 2.40%, Dec 15, 2022 1,944 1,930 40,000 Canadian Government Bond, 26,353 26,004 1.00%, Sep 01, 2022 38 38 United States 3.7% 2,080,000 Canadian Government Bond, Corporate Bonds 3.7% 1.75%, Mar 01, 2023 2,046 2,051 60,000 AT&T, Inc., 390,000 Canadian Government Bond, 3.83%, Nov 25, 2020 60 61 2.00%, Sep 01, 2023 388 388 130,000 JPMorgan Chase & Co., 225,000 PSP Capital, Inc., 3.19%, Mar 05, 2021 136 132 3.03%, Oct 22, 2020 233 229 146,000 Metropolitan Life Global Funding I, 75,000 PSP Capital, Inc., 3.03%, Jun 11, 2020 144 147 1.34%, Aug 18, 2021 75 73 205,000 Morgan Stanley, 115,000 PSP Capital, Inc., 3.13%, Aug 05, 2021 212 206 1.73%, Jun 21, 2022 113 112 300,000 The Goldman Sachs Group, Inc., 5,733 5,717 3.55%, Feb 12, 2021 312 305 40,000 The Goldman Sachs Group, Inc., Provincial Bonds 20.2% 2.43%, Apr 26, 2023 40 39 135,000 Municipal Finance Authority of British 70,000 Wells Fargo & Co., Columbia, 2.22%, Mar 15, 2021 70 69 4.45%, Jun 01, 2020 150 141 70,000 Wells Fargo & Co., 50,000 Municipal Finance Authority of British 2.09%, Apr 25, 2022 70 68 Columbia, 1.75%, Oct 15, 2020 50 49 1,044 1,027 50,000 Municipal Finance Authority of British Global 2.8% Columbia, Supranational Bonds 1.7% 3.75%, Sep 26, 2023 50 53 500,000 Inter-American Development Bank, 60,000 Province of Alberta, 1.88%, Mar 20, 2020 498 499 1.25%, Jun 01, 2020 59 59 Government Bonds 0.9% 125,000 Province of Alberta, 250,000 KFW, 1.60%, Sep 01, 2022 125 121 1.38%, Jan 28, 2020 250 247 350,000 Province of Manitoba, 1.55%, Sep 05, 2021 349 342 Corporate Bonds 0.2% 600,000 Province of Ontario, 50,000 Heathrow Funding Ltd., 4.20%, Jun 02, 2020 659 623 3.00%, Jun 17, 2021 50 50 1,100,000 Province of Ontario, 798 796 4.00%, Jun 02, 2021 1,190 1,153 28,195 27,827

The accompanying notes are an integral part of the financial statements.

69 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME MANULIFE ASSET MANAGEMENT CANADIAN SHORT DURATION FIXED INCOME POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) SHORT-TERM INVESTMENTS 0.4% 120,000 Merit Trust, 0.72%, Jul 03, 2018 120 120 Investments 28,315 27,947 Transaction costs - Total investments 28,315 27,947 Other assets less liabilities 0.8% 222 Net assets attributable to unitholders 100.0% 28,169

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Corporate Bonds 50.3 49.5 Federal Bonds 20.3 13.6 Provincial Bonds 20.2 24.5 Municipal Bonds 1.5 2.8 United States Corporate Bonds 3.7 5.2 Floating Rate Notes - 0.2 Global Supranational Bonds 1.7 2.2 Government Bonds 0.9 - Corporate Bonds 0.2 1.3 Short-Term Investments 0.4 - Other assets less liabilities 0.8 0.7 100.0 100.0

The accompanying notes are an integral part of the financial statements.

70 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND

Assets Income Current assets Interest for distribution purposes 613 391 Investments, at fair value 39,240 38,026 Foreign exchange gain (loss) on currency - 2 Cash 157 291 Realized gain (loss) on sales of investments (374) (79) Subscriptions receivable 315 13 Realized gain (loss) on derivatives - (2) Receivable from Manager - 16 Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 224 235 in the value of investments 8 (256) Change in unrealized appreciation (depreciation) 39,936 38,581 in the value of derivatives - 4 Liabilities 247 60 Current liabilities Expenses Redemptions payable - 9 Audit fees 3 2 Accrued expenses and other liabilities 8 11 Transfer agent fees 1 2 820Unitholder reporting costs 8 1 Custodial fees 3 11 Net assets attributable to unitholders 39,928 38,561 15 16 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager (5) (10) 96.21 95.64 Net operating expenses 10 6 Increase (decrease) in net assets attributable to unitholders 237 54 Increase (decrease) in net assets attributable to unitholders per unit 0.58 0.20

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 38,561 25,066 Increase (decrease) in net assets attributable to unitholders 237 54 Security Transactions Proceeds from units issued 5,131 11,533 Redemption of units (4,001) (2,411)

Total security transactions 1,130 9,122

Net assets attributable to unitholders - end of period 39,928 34,242

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 403 257 Units issued 54 117 Units issued for reinvestment of distributions - - Units redeemed (42) (24)

Units outstanding end of period 415 350

Signed on behalf of the Fund Manager for Manulife Asset Management Short-Term Bond Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

71 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 98.3% unitholders 237 54 Canada 95.1% Adjustments for: Corporate Bonds 48.3% Realized gain (loss) on sales of investments 374 79 50,000 407 International, Inc., Realized gain (loss) on derivatives - 2 2.47%, Sep 08, 2022 50 49 Change in unrealized appreciation (depreciation) 250,000 AltaGas Ltd., in the value of investments (8) 256 4.07%, Jun 01, 2020 263 256 Change in unrealized appreciation (depreciation) 190,000 AltaGas Ltd., in the value of derivatives - (4) 3.72%, Sep 28, 2021 203 194 Purchases of investments (88,868) (41,329) 290,000 Bank of Montreal, Proceeds from disposition of investments 87,288 33,680 1.88%, Mar 31, 2021 290 284 Receivable from Manager 16 1 100,000 Bank of Montreal, Interest, dividends and other receivables 11 (30) 1.61%, Oct 28, 2021 100 96 Accrued expenses and other liabilities (3) 1 215,000 Bank of Montreal, Net cash provided by (used in) operating 3.12%, Sep 19, 2024 217 216 activities (953) (7,290) 360,000 Bank of Montreal, FRN Cash flows from financing activities 2.57%, Jun 01, 2027 355 350 Proceeds from sale of units 4,829 9,682 190,000 Bell Canada, Inc., Payments for units redeemed (4,010) (2,412) 3.00%, Oct 03, 2022 192 190 90,000 BMW Canada, Inc., Net cash provided by (used in) financing 2.57%, Aug 06, 2021 90 89 activities 819 7,270 1,080,000 Brookfield Infrastructure Finance ULC, Net increase (decrease) in cash (134) (20) 3.54%, Oct 30, 2020 1,104 1,098 Cash (bank overdraft) beginning of period 291 19 480,000 Caisse Centrale Desjardins, Cash (bank overdraft) end of period 157 (1) 1.75%, Mar 02, 2020 475 474 370,000 Canadian Imperial Bank of Commerce, Supplemental information on cash flows from operating activities: 1.66%, Jan 20, 2020 370 366 Interest received, net of foreign withholding 215,000 Canadian Imperial Bank of Commerce, taxes 626 361 3.00%, Oct 28, 2024 215 216 60,000 Canadian Imperial Bank of Commerce, FRN 3.45%, Apr 04, 2028 60 60 110,000 Canadian Western Bank, 2.88%, Mar 01, 2021 110 110 40,000 Canadian Western Bank, 2.74%, Jun 16, 2022 40 39 430,000 Caterpillar Financial Services Ltd, 2.80%, Jun 08, 2021 430 431 725,000 CDP Financial, Inc., 4.60%, Jul 15, 2020 788 759 33,000 Central 1 Credit Union, 1.87%, Mar 16, 2020 33 33 120,000 Central 1 Credit Union, 2.60%, Nov 07, 2022 120 117 450,000 Choice Properties LP, 3.60%, Apr 20, 2020 465 456 65,000 Choice Properties REIT, 3.01%, Mar 21, 2022 65 65 95,000 CIBC Capital Trust, FRN 9.98%, Jun 30, 2108 123 101 530,000 Daimler Canada Finance, Inc., 2.30%, Nov 23, 2020 530 524 1,000,000 Enbridge, Inc., 4.26%, Feb 01, 2021 1,034 1,034

The accompanying notes are an integral part of the financial statements.

72 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 160,000 Fédération des Caisses Desjardins du 190,000 Nissan Canada Financial Services, Inc., Quebec, 2.42%, Oct 19, 2020 190 188 2.09%, Jan 17, 2022 160 156 435,000 Pembina Pipeline Corp., 30,000 First National Financial Corp., 4.89%, Mar 29, 2021 473 458 4.01%, Apr 09, 2020 30 30 585,000 Reliance LP, 250,000 Ford Auto Securitization Trust, 3.81%, Sep 15, 2020 600 595 2.71%, Sep 15, 2023 250 249 700,000 RioCan REIT, 165,000 Ford Credit Canada Co., 3.85%, Jun 28, 2019 751 710 2.77%, Jun 22, 2022 165 161 250,000 Royal Bank of Canada, 70,000 Ford Credit Canada Co., 2.98%, May 07, 2019 259 252 3.74%, May 08, 2023 70 70 85,000 Royal Bank of Canada, 200,000 Ford Credit Canada Ltd., 2.35%, Dec 09, 2019 85 85 2.92%, Sep 16, 2020 202 200 140,000 Royal Bank of Canada, 52,000 Ford Floorplan Auto Securitization Trust, 1.65%, Jul 15, 2021 135 136 2.20%, Jul 15, 2020 52 52 185,000 Royal Bank of Canada, 260,000 Fortified Trust, 2.36%, Dec 05, 2022 182 181 2.16%, Oct 23, 2020 261 257 190,000 Shaw Communications, Inc., 295,000 General Motors Financial of Canada Ltd., 5.65%, Oct 01, 2019 204 197 3.08%, May 22, 2020 298 296 503,000 Shaw Communications, Inc., 100,000 General Motors Financial of Canada Ltd., 5.50%, Dec 07, 2020 544 535 3.00%, Feb 26, 2021 100 100 100,000 Smart REIT, 450,000 General Motors Financial of Canada Ltd., 4.05%, Jul 27, 2020 105 102 2.60%, Jun 01, 2022 447 438 125,000 SmartCentres Real Estate Investment Trust, 130,000 H&R REIT, 2.88%, Mar 21, 2022 128 123 2.92%, May 06, 2022 128 128 680,000 SNC-Lavalin Group, Inc., 45,000 Honda Canada Finance, Inc., 2.69%, Nov 24, 2020 683 677 2.49%, Dec 19, 2022 45 44 550,000 Sun Life Financial, Inc., 680,000 HSBC Bank Canada, 2.60%, Sep 25, 2025 559 547 2.94%, Jan 14, 2020 704 684 500,000 Sun Life Financial, Inc., 250,000 HSBC Bank Canada, 3.10%, Feb 19, 2026 509 503 2.17%, Jun 29, 2022 250 242 70,000 Sun Life Financial, Inc., 350,000 Hydro One, Inc., 2.75%, Nov 23, 2027 70 69 1.48%, Nov 18, 2019 350 346 25,000 TELUS Corp., 100,000 Ivanhoe Cambridge II, Inc., 3.60%, Jan 26, 2021 26 26 2.91%, Jun 27, 2023 100 100 600,000 The Bank of Nova Scotia, 200,000 Laurentian Bank of Canada, 1.90%, Dec 02, 2021 602 583 2.81%, Jun 13, 2019 202 201 75,000 The Bank of Nova Scotia, 90,000 Laurentian Bank of Canada, 1.83%, Apr 27, 2022 72 72 3.00%, Sep 12, 2022 90 89 185,000 The Bank of Nova Scotia, 170,000 Manulife Bank of Canada, 2.36%, Nov 08, 2022 182 181 2.08%, May 26, 2022 170 165 60,000 The Bank of Nova Scotia, 60,000 Manulife Financial Corp., 2.98%, Apr 17, 2023 60 60 3.32%, May 09, 2028 60 60 120,000 The Bank of Nova Scotia, 93,795 MCAP RMBS Issuer Corp., 3.04%, Oct 18, 2024 122 121 2.17%, Apr 15, 2019 94 94 505,000 The Manufacturers Life Insurance Co., 40,000 Morguard Corp., 2.64%, Jan 15, 2025 507 506 4.09%, May 14, 2021 40 40 120,000 Thomson Reuters Corp., 85,000 National Bank of Canada, 4.35%, Sep 30, 2020 130 124 1.74%, Mar 03, 2020 85 84 155,000 Ventas Canada Finance Ltd., 65,000 National Bank of Canada, 3.00%, Sep 30, 2019 160 156 1.81%, Jul 26, 2021 65 63 50,000 Veresen, Inc., 90,000 National Bank of Canada, FRN 3.43%, Nov 10, 2021 50 51 3.18%, Feb 01, 2028 90 88 19,618 19,282

The accompanying notes are an integral part of the financial statements.

73 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND MANULIFE ASSET MANAGEMENT SHORT-TERM BOND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) Provincial Bonds 21.8% 175,000 The Goldman Sachs Group, Inc., 80,000 Province of Alberta, 2.43%, Apr 26, 2023 176 170 1.25%, Jun 01, 2020 79 79 160,000 Wells Fargo & Co., 2,640,000 Province of Ontario, 2.22%, Mar 15, 2021 160 158 4.20%, Jun 02, 2020 2,844 2,742 275,000 Wells Fargo & Co., 1,875,000 Province of Ontario, 2.09%, Apr 25, 2022 275 266 4.00%, Jun 02, 2021 2,079 1,965 1,309 1,278 1,150,000 Province of Ontario, 3.15%, Jun 02, 2022 1,196 1,181 Investments 39,994 39,240 770,000 Province of Ontario, Transaction costs - 2.85%, Jun 02, 2023 780 781 Total investments 39,994 39,240 1,660,000 Province of Quebec, 4.50%, Dec 01, 2020 1,838 1,750 Other assets less liabilities 1.7% 688 200,000 Province of Quebec, Net assets attributable to unitholders 4.25%, Dec 01, 2021 223 213 100.0% 39,928 9,039 8,711 CONCENTRATION RISK Federal Bonds 21.5% The following table shows a summary of the Fund’s concentration risk. 1,085,000 Canada Housing Trust No. 1, 1.25%, Dec 15, 2020 1,062 1,063 % of Net assets attributable to 1,850,000 Canada Housing Trust No. 1, unitholders 1.75%, Jun 15, 2022 1,812 1,812 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 1,860,000 Canada Housing Trust No. 1, Bonds 2.40%, Dec 15, 2022 1,886 1,865 Canada 200,000 Canadian Government Bond, Corporate Bonds 48.3 51.7 0.75%, Mar 01, 2021 193 194 Provincial Bonds 21.8 23.0 935,000 Canadian Government Bond, Federal Bonds 21.5 16.9 1.00%, Sep 01, 2022 896 896 Municipal Bonds 3.5 2.9 2,110,000 Canadian Government Bond, United States Corporate Bonds 3.2 2.7 1.75%, Mar 01, 2023 2,078 2,081 Floating Rate Notes - 0.4 330,000 PSP Capital, Inc., Short-Term Investments - 1.0 3.03%, Oct 22, 2020 341 336 Other assets less liabilities 1.7 1.4 150,000 PSP Capital, Inc., 100.0 100.0 1.34%, Aug 18, 2021 150 145 195,000 PSP Capital, Inc., 1.73%, Jun 21, 2022 191 190 8,609 8,582 Municipal Bonds 3.5% 370,000 City of Montreal, 4.50%, Dec 01, 2021 401 395 950,000 Regional Municipality of York, 4.50%, Jun 30, 2020 1,018 992 1,419 1,387 38,685 37,962 United States 3.2% Corporate Bonds 3.2% 80,000 Bank of America Corp., FRN 3.30%, Apr 24, 2024 80 80 145,000 Morgan Stanley, 3.13%, Aug 05, 2021 152 146 450,000 The Goldman Sachs Group, Inc., 3.55%, Feb 12, 2021 466 458

The accompanying notes are an integral part of the financial statements.

74 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 1,069 1,020 Investments, at fair value 61,439 56,455 Realized gain (loss) on sales of investments (185) (186) Cash 35 152 Change in unrealized appreciation (depreciation) Receivable from Manager - 15 in the value of investments (633) 622 Interest, dividends and other receivables 348 315 251 1,456 61,822 56,937 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 8 1 Redemptions payable 4 - Custodial fees 3 20 Accrued expenses and other liabilities 8 14 14 25 12 14 Less operating expenses absorbed by manager - (7) Net assets attributable to unitholders 61,810 56,923 Net operating expenses 14 18 Net assets attributable to unitholders per unit Increase (decrease) in net assets 101.37 101.02 attributable to unitholders 237 1,438 Increase (decrease) in net assets attributable to unitholders per unit 0.42 2.62

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 56,923 60,647 Increase (decrease) in net assets attributable to unitholders 237 1,438 Security Transactions Proceeds from units issued 10,246 3,598 Redemption of units (5,596) (8,358)

Total security transactions 4,650 (4,760)

Net assets attributable to unitholders - end of period 61,810 57,325

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 563 597 Units issued 103 34 Units issued for reinvestment of distributions - - Units redeemed (56) (82)

Units outstanding end of period 610 549

Signed on behalf of the Fund Manager for Manulife Asset Management Short-Term Bernard Letendre Warren Thomson Liability Government Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

75 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.4% unitholders 237 1,438 Canada 99.4% Adjustments for: Provincial Bonds 96.6% Realized gain (loss) on sales of investments 185 186 950,000 Financement-Québec, Change in unrealized appreciation (depreciation) 2.45%, Dec 01, 2019 976 956 in the value of investments 633 (622) 815,000 Financement-Québec, Purchases of investments (11,171) (6,600) 5.25%, Jun 01, 2034 1,013 1,041 Proceeds from disposition of investments 5,369 10,354 300,000 Hydro-Québec, Receivable from Manager 15 - 6.50%, Feb 15, 2035 448 439 Interest, dividends and other receivables (33) 40 500,000 Ontario Electricity Financial Corp., Accrued expenses and other liabilities (6) 5 8.90%, Aug 18, 2022 633 624 Net cash provided by (used in) operating 460,000 Province of Alberta, activities (4,771) 4,801 1.25%, Jun 01, 2020 452 453 Cash flows from financing activities 495,000 Province of Alberta, Proceeds from sale of units 10,246 3,598 1.35%, Sep 01, 2021 493 481 Payments for units redeemed (5,592) (8,360) 160,000 Province of Alberta, 2.55%, Dec 15, 2022 161 161 Net cash provided by (used in) financing 140,000 Province of Alberta, activities 4,654 (4,762) 3.10%, Jun 01, 2024 144 144 Net increase (decrease) in cash (117) 39 300,000 Province of Alberta, Cash (bank overdraft) beginning of period 152 95 2.35%, Jun 01, 2025 292 294 350,000 Province of Alberta, Cash (bank overdraft) end of period 35 134 2.20%, Jun 01, 2026 352 337 Supplemental information on cash flows from operating activities: 260,000 Province of Alberta, Interest received, net of foreign withholding 2.55%, Jun 01, 2027 257 255 taxes 1,034 1,060 325,000 Province of Alberta, 2.90%, Sep 20, 2029 340 325 400,000 Province of Alberta, 3.50%, Jun 01, 2031 430 425 335,000 Province of Alberta, 3.90%, Dec 01, 2033 365 374 125,000 Province of Alberta, 3.45%, Dec 01, 2043 133 135 50,000 Province of Alberta, 3.05%, Dec 01, 2048 50 51 1,000,000 Province of Alberta, 2.00%, Jun 01, 2019 1,006 1,002 725,000 Province of British Columbia, 3.70%, Dec 18, 2020 814 752 355,000 Province of British Columbia, 3.25%, Dec 18, 2021 379 366 660,000 Province of British Columbia, 2.70%, Dec 18, 2022 688 668 150,000 Province of British Columbia, 8.00%, Sep 08, 2023 208 190 100,000 Province of British Columbia, 2.85%, Jun 18, 2025 105 102 200,000 Province of British Columbia, 2.30%, Jun 18, 2026 205 195 645,000 Province of British Columbia, 5.70%, Jun 18, 2029 866 822 390,000 Province of British Columbia, 6.35%, Jun 18, 2031 537 539 220,000 Province of British Columbia, 4.70%, Jun 18, 2037 285 278

The accompanying notes are an integral part of the financial statements.

76 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 200,000 Province of British Columbia, 75,000 Province of Nova Scotia, 4.95%, Jun 18, 2040 261 266 4.10%, Jun 01, 2021 85 79 225,000 Province of British Columbia, 100,000 Province of Nova Scotia, 4.30%, Jun 18, 2042 282 279 2.10%, Jun 01, 2027 98 94 235,000 Province of British Columbia, 290,000 Province of Nova Scotia, 3.20%, Jun 18, 2044 245 248 6.60%, Jun 01, 2027 400 376 40,000 Province of British Columbia, 100,000 Province of Nova Scotia, 2.80%, Jun 18, 2048 39 39 4.50%, Jun 01, 2037 119 121 300,000 Province of Manitoba, 25,000 Province of Nova Scotia, 1.60%, Sep 05, 2020 298 296 4.70%, Jun 01, 2041 30 32 250,000 Province of Manitoba, 75,000 Province of Nova Scotia, 2.55%, Jun 02, 2026 260 246 3.45%, Jun 01, 2045 77 80 270,000 Province of Manitoba, 1,295,000 Province of Ontario, 3.25%, Sep 05, 2029 288 277 4.40%, Jun 02, 2019 1,353 1,325 130,000 Province of Manitoba, 1,230,000 Province of Ontario, 4.60%, Mar 05, 2038 155 159 2.10%, Sep 08, 2019 1,252 1,232 190,000 Province of Manitoba, 1,350,000 Province of Ontario, 4.40%, Mar 05, 2042 221 231 4.20%, Jun 02, 2020 1,465 1,402 125,000 Province of Manitoba, 1,420,000 Province of Ontario, 3.35%, Mar 05, 2043 122 130 4.00%, Jun 02, 2021 1,575 1,488 100,000 Province of New Brunswick, 380,000 Province of Ontario, 4.40%, Jun 03, 2019 109 102 1.35%, Mar 08, 2022 369 366 30,000 Province of New Brunswick, 1,600,000 Province of Ontario, 2.85%, Jun 02, 2023 28 30 3.15%, Jun 02, 2022 1,700 1,643 350,000 Province of New Brunswick, 1,890,000 Province of Ontario, 2.35%, Aug 14, 2027 342 334 2.85%, Jun 02, 2023 1,941 1,918 690,000 Province of New Brunswick, 90,000 Province of Ontario, 5.65%, Dec 27, 2028 896 852 2.60%, Sep 08, 2023 90 90 200,000 Province of New Brunswick, 1,675,000 Province of Ontario, 5.50%, Jan 27, 2034 277 258 3.50%, Jun 02, 2024 1,831 1,755 150,000 Province of New Brunswick, 955,000 Province of Ontario, 4.65%, Sep 26, 2035 178 180 2.60%, Jun 02, 2025 977 950 110,000 Province of New Brunswick, 370,000 Province of Ontario, 4.55%, Mar 26, 2037 131 131 2.40%, Jun 02, 2026 361 361 100,000 Province of New Brunswick, 160,000 Province of Ontario, 4.80%, Sep 26, 2039 123 125 8.00%, Jun 02, 2026 243 220 50,000 Province of New Brunswick, 1,090,000 Province of Ontario, 3.80%, Aug 14, 2045 55 56 2.60%, Jun 02, 2027 1,088 1,072 100,000 Province of New Brunswick, 1,275,000 Province of Ontario, 3.10%, Aug 14, 2048 99 99 7.60%, Jun 02, 2027 1,886 1,756 300,000 Province of Newfoundland and Labrador, 80,000 Province of Ontario, 2.30%, Jun 02, 2025 291 291 2.90%, Jun 02, 2028 80 80 1,000,000 Province of Newfoundland and Labrador, 415,000 Province of Ontario, 3.00%, Jun 02, 2026 1,031 1,010 6.50%, Mar 08, 2029 579 552 1,225,000 Province of Newfoundland and Labrador, 530,000 Province of Ontario, 6.15%, Apr 17, 2028 1,629 1,547 6.20%, Jun 02, 2031 732 716 640,000 Province of Newfoundland and Labrador, 910,000 Province of Ontario, 2.85%, Jun 02, 2028 627 634 5.85%, Mar 08, 2033 1,234 1,221 1,035,000 Province of Newfoundland and Labrador, 695,000 Province of Ontario, 6.55%, Oct 17, 2030 1,402 1,397 5.60%, Jun 02, 2035 957 935 55,000 Province of Newfoundland and Labrador, 500,000 Province of Ontario, 3.30%, Oct 17, 2046 53 56 4.70%, Jun 02, 2037 634 622 50,000 Province of Nova Scotia, 555,000 Province of Ontario, 4.15%, Nov 25, 2019 56 51 4.60%, Jun 02, 2039 684 692

The accompanying notes are an integral part of the financial statements.

77 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 275,000 Province of Ontario, 125,000 Province of Quebec, 4.65%, Jun 02, 2041 348 349 3.50%, Dec 01, 2045 132 137 80,000 Province of Ontario, 120,000 Province of Quebec, 3.50%, Jun 02, 2043 90 87 3.50%, Dec 01, 2048 137 133 200,000 Province of Ontario, 100,000 Province of Saskatchewan, 3.45%, Jun 02, 2045 207 216 3.20%, Jun 03, 2024 105 103 175,000 Province of Ontario, 75,000 Province of Saskatchewan, 2.90%, Dec 02, 2046 162 171 2.65%, Jun 02, 2027 77 74 245,000 Province of Ontario, 100,000 Province of Saskatchewan, 2.80%, Jun 02, 2048 235 235 5.75%, Mar 05, 2029 139 126 200,000 Province of Prince Edward Island, 125,000 Province of Saskatchewan, 2.35%, Aug 25, 2025 203 193 6.40%, Sep 05, 2031 180 172 45,000 Province of Prince Edward Island, 320,000 Province of Saskatchewan, 5.60%, Feb 21, 2034 53 58 5.60%, Sep 05, 2035 440 433 270,000 Province of Prince Edward Island, 55,000 Province of Saskatchewan, 4.65%, Nov 19, 2037 315 321 4.75%, Jun 01, 2040 70 70 100,000 Province of Prince Edward Island, 50,000 Province of Saskatchewan, 3.65%, Jun 27, 2042 105 105 3.40%, Feb 03, 2042 52 53 920,000 Province of Quebec, 25,000 Province of Saskatchewan, 4.50%, Dec 01, 2019 1,021 952 3.30%, Jun 02, 2048 27 27 915,000 Province of Quebec, 100,000 Province of Saskatchewan, 4.50%, Dec 01, 2020 1,032 965 3.90%, Jul 28, 2020 105 104 1,600,000 Province of Quebec, 61,199 59,678 4.25%, Dec 01, 2021 1,837 1,701 1,090,000 Province of Quebec, Corporate Bonds 2.8% 3.50%, Dec 01, 2022 1,175 1,138 150,000 Hydro-Québec, 1,195,000 Province of Quebec, 11.00%, Aug 15, 2020 179 177 3.00%, Sep 01, 2023 1,226 1,222 160,000 Hydro-Québec, 880,000 Province of Quebec, 6.00%, Feb 15, 2040 242 236 3.75%, Sep 01, 2024 957 937 25,000 Hydro-Québec, 70,000 Province of Quebec, 5.00%, Feb 15, 2050 35 36 5.35%, Jun 01, 2025 87 81 60,000 Hydro-Québec, 540,000 Province of Quebec, 4.00%, Feb 15, 2055 76 74 2.75%, Sep 01, 2025 546 543 850,000 Ontario Electricity Financial Corp., 190,000 Province of Quebec, 10.00%, Feb 06, 2020 1,191 954 8.50%, Apr 01, 2026 285 265 155,000 Ontario Electricity Financial Corp., 540,000 Province of Quebec, 9.00%, May 26, 2025 231 215 2.50%, Sep 01, 2026 544 531 50,000 Ontario Electricity Financial Corp., 515,000 Province of Quebec, 8.25%, Jun 22, 2026 75 69 2.75%, Sep 01, 2027 512 514 2,029 1,761 55,000 Province of Quebec, Investments 63,228 61,439 2.75%, Sep 01, 2028 55 55 630,000 Province of Quebec, Transaction costs - 6.00%, Oct 01, 2029 854 819 Total investments 63,228 61,439 1,690,000 Province of Quebec, Other assets less liabilities 0.6% 371 6.25%, Jun 01, 2032 2,339 2,327 925,000 Province of Quebec, Net assets attributable to unitholders 5.75%, Dec 01, 2036 1,306 1,290 100.0% 61,810 650,000 Province of Quebec, 5.00%, Dec 01, 2038 860 851 200,000 Province of Quebec, 5.00%, Dec 01, 2041 273 268 115,000 Province of Quebec, 4.25%, Dec 01, 2043 138 141

The accompanying notes are an integral part of the financial statements.

78 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Provincial Bonds 96.6 95.4 Corporate Bonds 2.8 3.8 Other assets less liabilities 0.6 0.8 100.0 100.0

The accompanying notes are an integral part of the financial statements.

79 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 226 226 Investments, at fair value 11,964 11,192 Realized gain (loss) on sales of investments (8) (3) Cash 7 21 Change in unrealized appreciation (depreciation) Receivable from Manager - 8 in the value of investments (138) 177 Interest, dividends and other receivables 110 111 80 400 12,081 11,332 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Filing fees 1 - Accrued expenses and other liabilities 7 9 Unitholder reporting costs 2 1 79Custodial fees 2 3 Net assets attributable to unitholders 12,074 11,323 88 Less operating expenses absorbed by manager (2) (3) Net assets attributable to unitholders per unit 100.75 100.11 Net operating expenses 6 5 Increase (decrease) in net assets attributable to unitholders 74 395 Increase (decrease) in net assets attributable to unitholders per unit 0.67 3.58

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 11,323 11,000 Increase (decrease) in net assets attributable to unitholders 74 395 Security Transactions Proceeds from units issued 1,398 193 Redemption of units (721) (162)

Total security transactions 677 31

Net assets attributable to unitholders - end of period 12,074 11,426

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 113 110 Units issued 14 2 Units issued for reinvestment of distributions - - Units redeemed (7) (2)

Units outstanding end of period 120 110

Signed on behalf of the Fund Manager for Manulife Asset Management Short-Term Bernard Letendre Warren Thomson Liability Corporate Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

80 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.1% unitholders 74 395 Canada 99.1% Adjustments for: Corporate Bonds 99.1% Realized gain (loss) on sales of investments 8 3 110,000 407 International, Inc., Change in unrealized appreciation (depreciation) 6.47%, Jul 27, 2029 147 144 in the value of investments 138 (177) 60,000 407 International, Inc., Purchases of investments (1,515) (1,413) 3.43%, Jun 01, 2033 62 61 Proceeds from disposition of investments 597 1,224 25,000 407 International, Inc., Receivable from Manager 8 5 3.83%, May 11, 2046 25 26 Interest, dividends and other receivables 1 7 50,000 Aeroports de Montreal, Accrued expenses and other liabilities (2) (3) 3.36%, Apr 24, 2047 53 50 Net cash provided by (used in) operating 180,000 AIMCo Realty Investors LP, activities (691) 41 3.04%, Jun 01, 2028 175 177 Cash flows from financing activities 80,000 Alimentation Couche-Tard, Inc., Proceeds from sale of units 1,398 193 3.06%, Jul 26, 2024 78 78 Payments for units redeemed (721) (162) 50,000 AltaGas Ltd., 4.12%, Apr 07, 2026 54 51 Net cash provided by (used in) financing 35,000 AltaLink LP, activities 677 31 3.67%, Nov 06, 2023 38 37 Net increase (decrease) in cash (14) 72 25,000 AltaLink LP, Cash (bank overdraft) beginning of period 21 24 4.09%, Jun 30, 2045 26 27 35,000 AltaLink LP, Cash (bank overdraft) end of period 796 3.72%, Dec 03, 2046 34 36 Supplemental information on cash flows from operating activities: 150,000 Bank of Montreal, Interest received, net of foreign withholding 2.12%, Mar 16, 2022 150 146 taxes 226 233 50,000 Bank of Montreal, 4.61%, Sep 10, 2025 58 55 50,000 Bank of Montreal, 2.70%, Dec 09, 2026 49 49 100,000 bcIMC Realty Corp., 2.84%, Jun 03, 2025 99 99 240,000 Bell Canada, Inc., 4.70%, Sep 11, 2023 267 257 10,000 Bell Canada, Inc., 3.55%, Mar 02, 2026 10 10 110,000 Bell Canada, Inc., 7.85%, Apr 02, 2031 151 152 30,000 Bell Canada, Inc., 7.65%, Dec 30, 2031 39 40 45,000 Bell Canada, Inc., 7.30%, Feb 23, 2032 60 60 70,000 Bell Canada, Inc., 6.10%, Mar 16, 2035 85 87 60,000 Bell Canada, Inc., 4.35%, Dec 18, 2045 58 60 35,000 British Columbia Ferry Services, Inc., 6.25%, Oct 13, 2034 47 48 40,000 British Columbia Ferry Services, Inc., 4.70%, Oct 23, 2043 50 49 70,000 Brookfield Asset Management, Inc., 3.80%, Mar 16, 2027 70 70 30,000 Brookfield Asset Management, Inc., 5.95%, Jun 14, 2035 35 36 270,000 Brookfield Infrastructure Finance ULC, 3.54%, Oct 30, 2020 278 275

The accompanying notes are an integral part of the financial statements.

81 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 50,000 Brookfield Renewable Partners ULC, 35,000 Énergir, Inc., 5.14%, Oct 13, 2020 55 53 5.70%, Jul 10, 2036 44 45 80,000 Bruce Power LP, 50,000 EPCOR Utilities, Inc., 2.84%, Jun 23, 2021 80 80 5.65%, Nov 16, 2035 62 64 100,000 Bruce Power LP, 40,000 Fairfax Financial Holdings Ltd., 4.01%, Jun 21, 2029 102 102 4.95%, Mar 03, 2025 41 42 25,000 Cameco Corp., 45,000 Fairfax Financial Holdings Ltd., 5.09%, Nov 14, 2042 25 23 4.70%, Dec 16, 2026 46 46 75,000 Canadian Imperial Bank of Commerce, 30,000 First Capital Realty, Inc., 2.04%, Mar 21, 2022 75 73 5.48%, Jul 30, 2019 34 31 25,000 Canadian National Railway Co., 60,000 First Capital Realty, Inc., 2.80%, Sep 22, 2025 25 25 4.50%, Mar 01, 2021 64 62 10,000 Canadian National Railway Co., 25,000 First Capital Realty, Inc., 3.60%, Aug 01, 2047 10 10 4.43%, Jan 31, 2022 27 26 50,000 Canadian Natural Resources Ltd., 60,000 Ford Credit Canada Co., 3.31%, Feb 11, 2022 52 50 3.74%, May 08, 2023 60 60 40,000 Canadian Natural Resources Ltd., 45,000 FortisAlberta, Inc., 3.55%, Jun 03, 2024 41 40 6.22%, Oct 31, 2034 61 60 45,000 Canadian Tire Corp., Ltd., 15,000 FortisAlberta, Inc., 6.45%, Feb 24, 2034 56 57 4.80%, Oct 27, 2050 17 18 20,000 Canadian Western Bank, 50,000 FortisBC Energy, Inc., 2.79%, Sep 13, 2021 20 20 2.58%, Apr 08, 2026 50 49 100,000 Choice Properties REIT, 10,000 FortisBC Energy, Inc., 2.30%, Sep 14, 2020 99 99 5.90%, Feb 26, 2035 13 13 10,000 CT REIT, 55,000 FortisBC Energy, Inc., 3.29%, Jun 01, 2026 10 10 5.55%, Sep 25, 2036 69 70 10,000 CU, Inc., 50,000 FortisBC Energy, Inc., 11.77%, Nov 30, 2020 15 12 5.80%, May 13, 2038 64 66 10,000 CU, Inc., 25,000 FortisBC Energy, Inc., 5.56%, Oct 30, 2037 13 13 4.25%, Dec 09, 2041 27 28 135,000 CU, Inc., 20,000 FortisBC, Inc., 5.58%, May 26, 2038 170 174 5.60%, Nov 09, 2035 25 25 30,000 CU, Inc., 140,000 General Motors Financial of Canada Ltd., 3.83%, Sep 11, 2062 32 31 3.00%, Feb 26, 2021 139 140 125,000 Daimler Canada Finance, Inc., 125,000 Genesis Trust II, 1.78%, Aug 19, 2019 124 124 1.70%, Apr 15, 2020 124 123 60,000 Enbridge Gas Distribution, Inc., 25,000 George Weston Ltd., 6.05%, Jul 05, 2023 74 68 4.12%, Jun 17, 2024 27 26 105,000 Enbridge Gas Distribution, Inc., 75,000 George Weston Ltd., 7.60%, Oct 29, 2026 145 138 7.10%, Feb 05, 2032 95 96 100,000 Enbridge Gas Distribution, Inc., 50,000 Glacier Credit Card Trust, 6.65%, Nov 03, 2027 132 126 2.05%, Sep 20, 2022 49 48 25,000 Enbridge Pipelines, Inc., 105,000 Greater Toronto Airports Authority, 6.05%, Feb 12, 2029 29 30 7.05%, Jun 12, 2030 148 146 55,000 Enbridge Pipelines, Inc., 55,000 Greater Toronto Airports Authority, 5.35%, Nov 10, 2039 66 64 7.10%, Jun 04, 2031 79 78 40,000 Enbridge, Inc., 70,000 Greater Toronto Airports Authority, 3.20%, Jun 08, 2027 40 38 6.47%, Feb 02, 2034 100 99 80,000 Enbridge, Inc., 60,000 Greater Toronto Airports Authority, 6.10%, Jul 14, 2028 96 92 4.53%, Dec 02, 2041 76 72 70,000 Enbridge, Inc., 265,000 Greater Toronto Airports Authority, 7.20%, Jun 18, 2032 87 90 6.45%, Dec 03, 2027 355 341 10,000 Énergir, Inc., 75,000 Great-West Lifeco, Inc., 9.00%, May 16, 2025 15 14 6.74%, Nov 24, 2031 98 100

The accompanying notes are an integral part of the financial statements.

82 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 50,000 Great-West Lifeco, Inc., 85,000 North West Redwater Partnership / NWR 6.67%, Mar 21, 2033 66 67 Financing Co., Ltd., 40,000 Honda Canada Finance, Inc., 3.20%, Jul 22, 2024 86 85 1.63%, Aug 12, 2019 40 40 40,000 North West Redwater Partnership / NWR 300,000 HSBC Bank Canada, Financing Co., Ltd., 2.49%, May 13, 2019 304 301 4.25%, Jun 01, 2029 42 43 150,000 HSBC Bank Canada, 200,000 North West Redwater Partnership / NWR 2.54%, Jan 31, 2023 147 147 Financing Co., Ltd., 75,000 Husky Energy, Inc., 3.65%, Jun 01, 2035 194 199 3.60%, Mar 10, 2027 75 74 35,000 NOVA Gas Transmission Ltd., 85,000 Hydro One, Inc., 6.30%, May 27, 2030 44 43 7.35%, Jun 03, 2030 117 117 30,000 Nova Scotia Power, Inc., 70,000 Hydro One, Inc., 8.85%, May 19, 2025 44 40 6.93%, Jun 01, 2032 95 96 45,000 Nova Scotia Power, Inc., 150,000 Hydro One, Inc., 5.61%, Jun 15, 2040 59 58 6.35%, Jan 31, 2034 201 201 30,000 Nova Scotia Power, Inc., 60,000 Hydro One, Inc., 3.61%, May 01, 2045 27 30 5.36%, May 20, 2036 74 74 50,000 OMERS Realty Corp., 90,000 Hydro One, Inc., 3.36%, Jun 05, 2023 52 51 4.39%, Sep 26, 2041 100 101 120,000 Ontario Power Generation, Inc., 130,000 IGM Financial, Inc., 3.32%, Oct 04, 2027 119 121 3.44%, Jan 26, 2027 129 130 5,000 Pembina Pipeline Corp., 40,000 IGM Financial, Inc., 3.54%, Feb 03, 2025 5 5 6.65%, Dec 13, 2027 51 49 30,000 Pembina Pipeline Corp., 30,000 IGM Financial, Inc., 4.74%, Jan 21, 2047 30 31 7.45%, May 09, 2031 41 41 90,000 RioCan REIT, 50,000 Intact Financial Corp., 3.85%, Jun 28, 2019 94 91 3.77%, Mar 02, 2026 53 52 70,000 RioCan REIT, 50,000 Inter Pipeline Ltd., 3.29%, Feb 12, 2024 69 69 3.48%, Dec 16, 2026 51 49 190,000 Rogers Communications, Inc., 70,000 Investors Group, Inc., 5.34%, Mar 22, 2021 216 203 7.00%, Dec 31, 2032 93 94 25,000 Rogers Communications, Inc., 150,000 Laurentian Bank of Canada, 6.68%, Nov 04, 2039 33 33 2.50%, Jan 23, 2020 152 149 225,000 Royal Bank of Canada, 180,000 Loblaw Cos., Ltd., 1.40%, Apr 26, 2019 226 224 4.86%, Sep 12, 2023 202 194 50,000 Royal Bank of Canada, 45,000 Loblaw Cos., Ltd., 2.33%, Dec 05, 2023 50 48 6.45%, Feb 09, 2028 55 54 130,000 Royal Bank of Canada, 15,000 Loblaw Cos., Ltd., 4.93%, Jul 16, 2025 158 146 6.50%, Jan 22, 2029 19 18 30,000 Royal Bank of Canada, FRN 50,000 Loblaw Cos., Ltd., 3.04%, Jul 17, 2024 30 30 6.54%, Feb 17, 2033 62 63 30,000 Shaw Communications, Inc., 35,000 Loblaw Cos., Ltd., 3.80%, Mar 01, 2027 30 30 5.90%, Jan 18, 2036 41 43 35,000 Shaw Communications, Inc., 25,000 Metro, Inc., 6.75%, Nov 09, 2039 41 44 3.20%, Dec 01, 2021 26 25 20,000 SmartCentres Real Estate Investment Trust, 50,000 Metro, Inc., 2.88%, Mar 21, 2022 20 20 5.97%, Oct 15, 2035 58 61 50,000 Suncor Energy, Inc., 85,000 National Bank of Canada, 3.00%, Sep 14, 2026 50 49 2.11%, Mar 18, 2022 83 83 60,000 Suncor Energy, Inc., 25,000 NAV Canada, 5.39%, Mar 26, 2037 69 71 7.40%, Jun 01, 2027 36 34 65,000 TELUS Communications, Inc., 10.65%, Jun 19, 2021 83 79

The accompanying notes are an integral part of the financial statements.

83 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT SHORT-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 150,000 TELUS Corp., Transaction costs - 5.05%, Dec 04, 2019 169 156 Total investments 12,128 11,964 50,000 TELUS Corp., 3.35%, Apr 01, 2024 53 50 Other assets less liabilities 0.9% 110 125,000 TELUS Corp., Net assets attributable to unitholders 3.75%, Mar 10, 2026 126 127 100.0% 12,074 15,000 TELUS Corp., 4.40%, Apr 01, 2043 15 15 CONCENTRATION RISK 60,000 The Bank of Nova Scotia, The following table shows a summary of the Fund’s concentration risk. 2.27%, Jan 13, 2020 61 60 % of Net assets attributable to 165,000 The Bank of Nova Scotia, unitholders 2.87%, Jun 04, 2021 171 166 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 130,000 The Bank of Nova Scotia, 2.62%, Dec 02, 2026 124 126 Bonds Canada 150,000 The Toronto-Dominion Bank, Corporate Bonds 99.1 98.7 3.23%, Jul 24, 2024 156 152 Provincial Bonds - 0.1 100,000 The Toronto-Dominion Bank, Deposit Note Other assets less liabilities 0.9 1.2 1.91%, Jul 18, 2023 97 95 100.0 100.0 10,000 Thomson Reuters Corp., 3.31%, Nov 12, 2021 10 10 90,000 Toromont Industries Ltd., 3.84%, Oct 27, 2027 91 91 85,000 Toyota Credit Canada, Inc., 2.02%, Feb 28, 2022 83 83 5,000 TransAlta Corp., 5.00%, Nov 25, 2020 5 5 135,000 TransCanada PipeLines Ltd., 8.29%, Feb 05, 2026 190 178 75,000 TransCanada PipeLines Ltd., 6.28%, May 26, 2028 95 91 65,000 TransCanada PipeLines Ltd., 8.05%, Feb 17, 2039 101 99 80,000 TransCanada PipeLines Ltd., 4.35%, Jun 06, 2046 82 82 120,000 TransCanada PipeLines Ltd., 11.80%, Nov 20, 2020 154 144 40,000 Union Gas Ltd., 6.05%, Sep 02, 2038 53 54 25,000 Union Gas Ltd., 4.20%, Jun 02, 2044 25 28 40,000 Union Gas Ltd., 3.80%, Jun 01, 2046 40 42 25,000 Ventas Canada Finance Ltd., 4.13%, Sep 30, 2024 26 26 20,000 Westcoast Energy, Inc., 9.90%, Jan 10, 2020 26 22 10,000 Westcoast Energy, Inc., 7.30%, Dec 18, 2026 13 13 30,000 Westcoast Energy, Inc., 7.15%, Mar 20, 2031 40 39 12,128 11,964 Investments 12,128 11,964

The accompanying notes are an integral part of the financial statements.

84 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 3,161 2,934 Investments, at fair value 180,117 181,972 Realized gain (loss) on sales of investments (470) (124) Cash 70 91 Change in unrealized appreciation (depreciation) Subscriptions receivable 1 - in the value of investments (1,830) 5,943 Receivable from Manager - 10 861 8,753 Interest, dividends and other receivables 872 894 Expenses 181,060 182,967 Audit fees 2 3 Liabilities Transfer agent fees 1 2 Filing fees 5 - Current liabilities Unitholder reporting costs 26 2 Redemptions payable 2 2 Custodial fees 4 43 Accrued expenses and other liabilities 13 26 38 50 15 28 Less operating expenses absorbed by manager - (4) Net assets attributable to unitholders 181,045 182,939 Net operating expenses 38 46 Net assets attributable to unitholders per unit Increase (decrease) in net assets 104.72 104.20 attributable to unitholders 823 8,707 Increase (decrease) in net assets attributable to unitholders per unit 0.48 5.52

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 182,939 167,339 Increase (decrease) in net assets attributable to unitholders 823 8,707 Security Transactions Proceeds from units issued 9,949 17,122 Redemption of units (12,666) (27,989)

Total security transactions (2,717) (10,867)

Net assets attributable to unitholders - end of period 181,045 165,179

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 1,756 1,663 Units issued 98 162 Units issued for reinvestment of distributions - - Units redeemed (125) (272)

Units outstanding end of period 1,729 1,553

Signed on behalf of the Fund Manager for Manulife Asset Management Mid-Term Liabil- Bernard Letendre Warren Thomson ity Government Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

85 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.5% unitholders 823 8,707 Canada 99.5% Adjustments for: Provincial Bonds 95.2% Realized gain (loss) on sales of investments 470 124 2,900,000 Financement-Québec, Change in unrealized appreciation (depreciation) 5.25%, Jun 01, 2034 3,660 3,704 in the value of investments 1,830 (5,943) 750,000 Hydro-Québec, Purchases of investments (15,566) (27,194) 6.00%, Aug 15, 2031 978 995 Proceeds from disposition of investments 15,121 35,067 1,025,000 Hydro-Québec, Receivable from Manager 10 2 6.50%, Feb 15, 2035 1,587 1,500 Interest, dividends and other receivables 22 68 30,000 Hydro-Québec, Accrued expenses and other liabilities (13) 9 5.00%, Feb 15, 2045 39 41 Net cash provided by (used in) operating 173,000 Ontario Infrastructure Projects Corp., activities 2,697 10,840 4.70%, Jun 01, 2037 194 209 Cash flows from financing activities 75,000 Province of Alberta, Proceeds from sale of units 9,948 17,122 4.00%, Dec 01, 2019 84 77 Payments for units redeemed (12,666) (28,045) 290,000 Province of Alberta, 1.25%, Jun 01, 2020 285 285 Net cash provided by (used in) financing 100,000 Province of Alberta, activities (2,718) (10,923) 2.55%, Dec 15, 2022 101 100 Net increase (decrease) in cash (21) (83) 600,000 Province of Alberta, Cash (bank overdraft) beginning of period 91 88 2.20%, Jun 01, 2026 583 577 465,000 Province of Alberta, Cash (bank overdraft) end of period 70 5 2.90%, Sep 20, 2029 457 465 Supplemental information on cash flows from operating activities: 900,000 Province of Alberta, Interest received, net of foreign withholding 3.50%, Jun 01, 2031 960 956 taxes 3,180 3,002 400,000 Province of Alberta, 3.90%, Dec 01, 2033 447 447 100,000 Province of Alberta, 4.50%, Dec 01, 2040 125 124 4,310,000 Province of Alberta, 3.30%, Dec 01, 2046 4,446 4,558 4,360,000 Province of Alberta, 3.05%, Dec 01, 2048 4,340 4,421 150,000 Province of British Columbia, 3.70%, Dec 18, 2020 164 156 100,000 Province of British Columbia, 3.25%, Dec 18, 2021 108 103 250,000 Province of British Columbia, 3.30%, Dec 18, 2023 279 260 200,000 Province of British Columbia, 2.85%, Jun 18, 2025 218 204 950,000 Province of British Columbia, 2.55%, Jun 18, 2027 965 939 250,000 Province of British Columbia, 6.15%, Nov 19, 2027 340 319 864,000 Province of British Columbia, 5.70%, Jun 18, 2029 1,150 1,101 690,000 Province of British Columbia, 6.35%, Jun 18, 2031 991 953 200,000 Province of British Columbia, 5.40%, Jun 18, 2035 264 268 490,000 Province of British Columbia, 4.70%, Jun 18, 2037 626 619 1,195,000 Province of British Columbia, 4.95%, Jun 18, 2040 1,569 1,592

The accompanying notes are an integral part of the financial statements.

86 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,400,000 Province of British Columbia, 150,000 Province of Newfoundland and Labrador, 4.30%, Jun 18, 2042 2,947 2,977 2.30%, Jun 02, 2025 149 146 3,850,000 Province of British Columbia, 90,000 Province of Newfoundland and Labrador, 3.20%, Jun 18, 2044 3,883 4,060 8.45%, Feb 05, 2026 138 124 5,475,000 Province of British Columbia, 910,000 Province of Newfoundland and Labrador, 2.80%, Jun 18, 2048 5,288 5,387 3.00%, Jun 02, 2026 938 919 225,000 Province of British Columbia Interest Strip, 1,355,000 Province of Newfoundland and Labrador, zero coupon, Jun 18, 2048 88 97 6.15%, Apr 17, 2028 1,816 1,711 230,000 Province of Manitoba, 500,000 Province of Newfoundland and Labrador, 1.55%, Sep 05, 2021 224 225 2.85%, Jun 02, 2028 489 495 300,000 Province of Manitoba, 120,000 Province of Newfoundland and Labrador, 3.30%, Jun 02, 2024 326 311 6.50%, Oct 17, 2029 169 159 440,000 Province of Manitoba, 1,000,000 Province of Newfoundland and Labrador, 2.45%, Jun 02, 2025 448 433 6.55%, Oct 17, 2030 1,420 1,349 100,000 Province of Manitoba, 225,000 Province of Newfoundland and Labrador, 2.55%, Jun 02, 2026 99 98 5.60%, Oct 17, 2033 296 292 400,000 Province of Manitoba, 299,000 Province of Newfoundland and Labrador, 2.60%, Jun 02, 2027 403 392 4.50%, Apr 17, 2037 342 355 1,385,000 Province of Manitoba, 400,000 Province of Newfoundland and Labrador, 4.60%, Mar 05, 2038 1,708 1,692 4.65%, Oct 17, 2040 529 492 180,000 Province of Manitoba, 1,170,000 Province of Newfoundland and Labrador, 4.65%, Mar 05, 2040 219 224 3.30%, Oct 17, 2046 1,119 1,192 40,000 Province of Manitoba, 600,000 Province of Newfoundland and Labrador, 4.10%, Mar 05, 2041 45 46 3.70%, Oct 17, 2048 656 660 110,000 Province of Manitoba, 200,000 Province of Nova Scotia, 4.40%, Mar 05, 2042 131 134 4.45%, Oct 24, 2021 230 213 50,000 Province of Manitoba, 145,000 Province of Nova Scotia, 3.35%, Mar 05, 2043 51 52 6.60%, Jun 01, 2027 199 188 2,000,000 Province of Manitoba, 335,000 Province of Nova Scotia, 2.85%, Sep 05, 2046 1,905 1,906 6.60%, Dec 01, 2031 488 468 875,000 Province of Manitoba, 150,000 Province of Nova Scotia, 3.40%, Sep 05, 2048 920 929 5.80%, Jun 01, 2033 197 200 100,000 Province of Manitoba Residual Strip, 500,000 Province of Nova Scotia, zero coupon, Mar 05, 2031 65 67 4.50%, Jun 01, 2037 619 605 350,000 Province of New Brunswick, 202,000 Province of Nova Scotia, 4.50%, Jun 02, 2020 390 365 4.70%, Jun 01, 2041 253 256 800,000 Province of New Brunswick, 525,000 Province of Nova Scotia, 2.35%, Aug 14, 2027 785 764 4.40%, Jun 01, 2042 639 643 1,180,000 Province of New Brunswick, 450,000 Province of Nova Scotia, 5.65%, Dec 27, 2028 1,586 1,457 3.45%, Jun 01, 2045 496 482 1,415,000 Province of New Brunswick, 1,250,000 Province of Nova Scotia, 5.50%, Jan 27, 2034 1,867 1,827 3.50%, Jun 02, 2062 1,450 1,384 545,000 Province of New Brunswick, 825,000 Province of Ontario, 4.65%, Sep 26, 2035 644 653 4.40%, Jun 02, 2019 865 844 140,000 Province of New Brunswick, 725,000 Province of Ontario, 4.80%, Sep 26, 2039 172 175 4.20%, Jun 02, 2020 796 753 375,000 Province of New Brunswick, 1,000,000 Province of Ontario, 3.55%, Jun 03, 2043 385 398 4.00%, Jun 02, 2021 1,149 1,048 265,000 Province of New Brunswick, 970,000 Province of Ontario, 3.80%, Aug 14, 2045 281 294 1.35%, Mar 08, 2022 944 935 1,400,000 Province of New Brunswick, 1,035,000 Province of Ontario, 3.10%, Aug 14, 2048 1,390 1,381 3.15%, Jun 02, 2022 1,089 1,063 250,000 Province of New Brunswick, 1,095,000 Province of Ontario, 3.55%, Jun 03, 2055 267 268 2.85%, Jun 02, 2023 1,128 1,111

The accompanying notes are an integral part of the financial statements.

87 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 700,000 Province of Ontario, 1,100,000 Province of Quebec, 2.60%, Sep 08, 2023 699 702 4.25%, Dec 01, 2021 1,223 1,169 1,245,000 Province of Ontario, 1,200,000 Province of Quebec, 3.50%, Jun 02, 2024 1,329 1,305 3.50%, Dec 01, 2022 1,307 1,253 520,000 Province of Ontario, 425,000 Province of Quebec, 2.60%, Jun 02, 2025 538 517 9.38%, Jan 16, 2023 641 549 775,000 Province of Ontario, 300,000 Province of Quebec, 2.40%, Jun 02, 2026 765 756 3.00%, Sep 01, 2023 310 307 1,560,000 Province of Ontario, 420,000 Province of Quebec, 2.60%, Jun 02, 2027 1,554 1,534 3.75%, Sep 01, 2024 445 447 1,075,000 Province of Ontario, 405,000 Province of Quebec, 7.60%, Jun 02, 2027 1,607 1,480 2.75%, Sep 01, 2025 421 407 415,000 Province of Ontario, 700,000 Province of Quebec, 2.90%, Jun 02, 2028 415 417 8.50%, Apr 01, 2026 1,071 978 1,200,000 Province of Ontario, 400,000 Province of Quebec, 6.50%, Mar 08, 2029 1,695 1,595 2.50%, Sep 01, 2026 414 394 1,225,000 Province of Ontario, 1,510,000 Province of Quebec, 6.20%, Jun 02, 2031 1,677 1,654 2.75%, Sep 01, 2027 1,547 1,507 2,641,000 Province of Ontario, 1,100,000 Province of Quebec, 5.85%, Mar 08, 2033 3,672 3,544 6.00%, Oct 01, 2029 1,469 1,430 2,395,000 Province of Ontario, 4,005,000 Province of Quebec, 5.60%, Jun 02, 2035 3,177 3,223 6.25%, Jun 01, 2032 5,601 5,516 2,515,000 Province of Ontario, 3,990,000 Province of Quebec, 4.70%, Jun 02, 2037 3,153 3,131 5.75%, Dec 01, 2036 5,686 5,562 3,620,000 Province of Ontario, 3,425,000 Province of Quebec, 4.60%, Jun 02, 2039 4,518 4,511 5.00%, Dec 01, 2038 4,419 4,483 1,833,000 Province of Ontario, 1,778,000 Province of Quebec, 4.65%, Jun 02, 2041 2,321 2,326 5.00%, Dec 01, 2041 2,186 2,380 1,630,000 Province of Ontario, 1,020,000 Province of Quebec, 3.50%, Jun 02, 2043 1,704 1,768 4.25%, Dec 01, 2043 1,141 1,250 1,550,000 Province of Ontario, 1,450,000 Province of Quebec, 3.45%, Jun 02, 2045 1,652 1,673 3.50%, Dec 01, 2045 1,519 1,592 6,040,000 Province of Ontario, 10,705,000 Province of Quebec, 2.90%, Dec 02, 2046 5,894 5,906 3.50%, Dec 01, 2048 11,772 11,863 14,135,000 Province of Ontario, 50,000 Province of Saskatchewan, 2.80%, Jun 02, 2048 13,547 13,576 3.20%, Jun 03, 2024 53 52 1,100,000 Province of Ontario, 340,000 Province of Saskatchewan, 2.90%, Jun 02, 2049 1,043 1,079 5.75%, Mar 05, 2029 443 429 200,000 Province of Ontario Generic Strip Residual, 510,000 Province of Saskatchewan, zero coupon, Jun 02, 2041 95 101 6.40%, Sep 05, 2031 726 703 400,000 Province of Prince Edward Island, 850,000 Province of Saskatchewan, 5.60%, Feb 21, 2034 511 513 4.75%, Jun 01, 2040 1,100 1,089 78,000 Province of Prince Edward Island, 625,000 Province of Saskatchewan, 5.70%, Jun 15, 2035 102 102 3.40%, Feb 03, 2042 636 667 150,000 Province of Prince Edward Island, 200,000 Province of Saskatchewan, 4.60%, May 19, 2041 181 180 3.90%, Jun 02, 2045 231 233 775,000 Province of Prince Edward Island, 1,760,000 Province of Saskatchewan, 3.65%, Jun 27, 2042 812 815 2.75%, Dec 02, 2046 1,633 1,679 100,000 Province of Prince Edward Island, 1,735,000 Province of Saskatchewan, 3.60%, Jan 17, 2053 99 105 3.30%, Jun 02, 2048 1,802 1,846 1,490,000 Province of Quebec, 173,133 172,319 4.50%, Dec 01, 2019 1,629 1,542 765,000 Province of Quebec, 4.50%, Dec 01, 2020 868 807

The accompanying notes are an integral part of the financial statements.

88 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Corporate Bonds 4.3% 1,050,000 Hydro-Québec, 6.00%, Feb 15, 2040 1,503 1,549 2,200,000 Hydro-Québec, 5.00%, Feb 15, 2050 2,964 3,113 2,040,000 Hydro-Québec, 4.00%, Feb 15, 2055 2,576 2,515 240,000 Ontario Electricity Financial Corp., 8.50%, May 26, 2025 365 325 37,485 Ontario School Boards Financing Corp., 5.48%, Nov 26, 2029 43 42 130,000 OPB Finance Trust, 3.89%, Jul 04, 2042 130 142 85,000 The 55 Ontario School Board Trust, 5.90%, Jun 02, 2033 111 112 7,692 7,798 Investments 180,825 180,117 Transaction costs - Total investments 180,825 180,117 Other assets less liabilities 0.5% 928 Net assets attributable to unitholders 100.0% 181,045

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Provincial Bonds 95.2 94.2 Corporate Bonds 4.3 5.3 Other assets less liabilities 0.5 0.5 100.0 100.0

The accompanying notes are an integral part of the financial statements.

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Assets Income Current assets Interest for distribution purposes 1,465 953 Investments, at fair value 77,056 59,362 Realized gain (loss) on sales of investments (17) 51 Cash 33 152 Change in unrealized appreciation (depreciation) Subscriptions receivable 3 - in the value of investments (583) 2,201 Interest, dividends and other receivables 787 590 865 3,205 77,879 60,104 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Filing fees 6 - Accrued expenses and other liabilities 9 13 Unitholder reporting costs 11 1 913Custodial fees 4 15 Net assets attributable to unitholders 77,870 60,091 24 20 Net assets attributable to unitholders per unit Increase (decrease) in net assets 104.80 103.93 attributable to unitholders 841 3,185 Increase (decrease) in net assets attributable to unitholders per unit 1.23 7.11

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 60,091 35,501 Increase (decrease) in net assets attributable to unitholders 841 3,185 Security Transactions Proceeds from units issued 21,983 20,611 Redemption of units (5,045) (1,236)

Total security transactions 16,938 19,375

Net assets attributable to unitholders - end of period 77,870 58,061

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 578 355 Units issued 214 200 Units issued for reinvestment of distributions - - Units redeemed (49) (12)

Units outstanding end of period 743 543

Signed on behalf of the Fund Manager for Manulife Asset Management Mid-Term Liabil- Bernard Letendre Warren Thomson ity Corporate Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

90 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.0% unitholders 841 3,185 Canada 99.0% Adjustments for: Corporate Bonds 99.0% Realized gain (loss) on sales of investments 17 (51) 200,000 407 International, Inc., Change in unrealized appreciation (depreciation) 3.43%, Jun 01, 2033 207 204 in the value of investments 583 (2,201) 325,000 407 International, Inc., Purchases of investments (22,038) (23,122) 5.96%, Dec 03, 2035 427 437 Proceeds from disposition of investments 3,744 3,039 150,000 407 International, Inc., Receivable from Manager - (1) 5.75%, Feb 14, 2036 192 193 Interest, dividends and other receivables (197) (176) 680,000 407 International, Inc., Accrued expenses and other liabilities (4) - 4.19%, Apr 25, 2042 758 751 Net cash provided by (used in) operating 670,000 407 International, Inc., activities (17,054) (19,327) 3.65%, Sep 08, 2044 675 685 Cash flows from financing activities 420,000 407 International, Inc., Proceeds from sale of units 21,980 20,611 3.30%, Mar 27, 2045 389 403 Payments for units redeemed (5,045) (1,236) 395,000 407 International, Inc., 3.83%, May 11, 2046 409 414 Net cash provided by (used in) financing 500,000 407 International, Inc., activities 16,935 19,375 3.60%, May 21, 2047 488 506 Net increase (decrease) in cash (119) 48 365,000 407 International, Inc., Cash (bank overdraft) beginning of period 152 53 3.98%, Sep 11, 2052 370 390 215,000 407 International, Inc., Cash (bank overdraft) end of period 33 101 4.68%, Oct 07, 2053 248 260 Supplemental information on cash flows from operating activities: 220,000 Aeroports de Montreal, Interest received, net of foreign withholding 3.36%, Apr 24, 2047 218 221 taxes 1,266 777 40,000 Aeroports De Montreal, 3.92%, Sep 26, 2042 44 44 870,000 AIMCo Realty Investors LP, 3.04%, Jun 01, 2028 858 857 175,000 Alectra, Inc., 5.30%, Apr 29, 2041 218 223 370,000 AltaGas Ltd., 4.50%, Aug 15, 2044 355 360 385,000 AltaGas Ltd., 4.99%, Oct 04, 2047 402 402 40,000 AltaGas Ltd., 5.16%, Jan 13, 2044 41 43 455,000 AltaLink LP, 5.38%, Mar 26, 2040 571 583 250,000 AltaLink LP, 4.46%, Nov 08, 2041 275 287 325,000 AltaLink LP, 3.99%, Jun 30, 2042 346 350 240,000 AltaLink LP, 4.92%, Sep 17, 2043 295 296 350,000 AltaLink LP, 4.05%, Nov 21, 2044 377 382 460,000 AltaLink LP, 4.09%, Jun 30, 2045 500 505 200,000 AltaLink LP, 3.72%, Dec 03, 2046 207 207 765,000 AltaLink LP, 4.45%, Jul 11, 2053 831 893 125,000 Bank of Montreal, 4.61%, Sep 10, 2025 151 138

The accompanying notes are an integral part of the financial statements.

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 650,000 Bell Canada, Inc., 200,000 CARDS II Trust, 3.55%, Mar 02, 2026 684 654 2.16%, Oct 15, 2020 199 198 90,000 Bell Canada, Inc., 100,000 Choice Properties LP, 7.00%, Sep 24, 2027 115 113 3.60%, Apr 20, 2020 102 101 70,000 Bell Canada, Inc., 500,000 Choice Properties REIT, 7.85%, Apr 02, 2031 99 97 3.50%, Feb 08, 2021 528 507 280,000 Bell Canada, Inc., 130,000 Choice Properties REIT, 7.30%, Feb 23, 2032 371 376 5.27%, Mar 07, 2046 145 146 500,000 Bell Canada, Inc., 20,000 CU, Inc., 6.10%, Mar 16, 2035 593 618 5.90%, Nov 20, 2034 26 26 525,000 Bell Canada, Inc., 175,000 CU, Inc., 4.75%, Sep 29, 2044 554 558 5.03%, Nov 20, 2036 206 211 645,000 Bell Canada, Inc., 200,000 CU, Inc., 4.35%, Dec 18, 2045 629 647 5.58%, May 26, 2038 251 258 635,000 Bell Canada, Inc., 75,000 CU, Inc., 4.45%, Feb 27, 2047 639 647 6.50%, Mar 07, 2039 106 107 150,000 British Columbia Ferry Services, Inc., 530,000 CU, Inc., 6.25%, Oct 13, 2034 200 204 4.54%, Oct 24, 2041 620 614 500,000 British Columbia Ferry Services, Inc., 520,000 CU, Inc., 5.58%, Jan 11, 2038 648 657 3.81%, Sep 10, 2042 532 542 250,000 British Columbia Ferry Services, Inc., 585,000 CU, Inc., 4.70%, Oct 23, 2043 296 305 4.72%, Sep 09, 2043 687 698 205,000 Brookfield Asset Management, Inc., 1,300,000 CU, Inc., 5.95%, Jun 14, 2035 236 243 4.09%, Sep 02, 2044 1,399 1,418 50,000 Brookfield Asset Management, Inc., 360,000 CU, Inc., 4.54%, Mar 31, 2023 53 53 3.96%, Jul 27, 2045 381 386 50,000 Brookfield Renewable Partners ULC, 430,000 CU, Inc., 5.14%, Oct 13, 2020 54 53 3.76%, Nov 19, 2046 433 447 75,000 Brookfield Renewable Partners ULC, 520,000 CU, Inc., 3.63%, Jan 15, 2027 75 74 3.55%, Nov 22, 2047 541 521 40,000 Brookfield Renewable Partners ULC, 275,000 CU, Inc., 5.84%, Nov 05, 2036 46 47 4.95%, Nov 18, 2050 318 344 820,000 Bruce Power LP, 305,000 CU, Inc., 4.01%, Jun 21, 2029 832 840 3.86%, Nov 14, 2052 296 318 140,000 Cameco Corp., 200,000 CU, Inc., 5.09%, Nov 14, 2042 130 131 4.56%, Nov 07, 2053 221 236 125,000 Canadian National Railway Co., 300,000 CU, Inc., 2.80%, Sep 22, 2025 131 124 4.21%, Oct 29, 2055 325 334 460,000 Canadian National Railway Co., 100,000 CU, Inc., 3.95%, Sep 22, 2045 481 497 4.59%, Oct 24, 2061 112 120 455,000 Canadian National Railway Co., 230,000 CU, Inc., 3.60%, Aug 01, 2047 454 460 3.83%, Sep 11, 2062 221 239 200,000 Canadian National Railway Co., 30,000 CU, Inc., 2.75%, Feb 18, 2021 202 201 5.18%, Nov 21, 2035 36 37 30,000 Canadian Natural Resources Ltd., 215,000 Enbridge Gas Distribution, Inc., 3.55%, Jun 03, 2024 30 30 7.60%, Oct 29, 2026 302 282 305,000 Canadian Natural Resources Ltd., 95,000 Enbridge Gas Distribution, Inc., 4.85%, May 30, 2047 306 319 6.10%, May 19, 2028 120 116 90,000 Canadian Pacific Railway Co., 25,000 Enbridge Gas Distribution, Inc., 6.45%, Nov 17, 2039 120 124 6.90%, Nov 15, 2032 35 35 70,000 Canadian Tire Corp., Ltd., 220,000 Enbridge Gas Distribution, Inc., 6.45%, Feb 24, 2034 87 88 4.00%, Aug 22, 2044 219 236 165,000 Canadian Tire Corp., Ltd., 400,000 Enbridge Gas Distribution, Inc., 5.61%, Sep 04, 2035 189 194 3.51%, Nov 29, 2047 390 397

The accompanying notes are an integral part of the financial statements.

92 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 370,000 Enbridge Gas Distribution, Inc., 140,000 FortisAlberta, Inc., 4.95%, Nov 22, 2050 431 461 5.85%, Apr 15, 2038 184 186 250,000 Enbridge Income Fund, 225,000 FortisAlberta, Inc., 4.87%, Nov 21, 2044 257 258 4.27%, Sep 22, 2045 253 252 70,000 Enbridge Pipelines, Inc., 100,000 FortisAlberta, Inc., 5.33%, Apr 06, 2040 81 82 3.34%, Sep 21, 2046 95 96 605,000 Enbridge Pipelines, Inc., 110,000 FortisAlberta, Inc., 4.55%, Sep 29, 2045 624 648 4.99%, Jan 03, 2047 137 138 450,000 Enbridge Pipelines, Inc., 200,000 FortisAlberta, Inc., 4.13%, Aug 09, 2046 452 451 3.67%, Sep 09, 2047 200 204 150,000 Enbridge Pipelines, Inc., 300,000 FortisAlberta, Inc., 4.55%, Aug 17, 2043 160 160 4.80%, Oct 27, 2050 345 366 270,000 Enbridge, Inc., 175,000 FortisAlberta, Inc., 6.10%, Jul 14, 2028 322 310 3.98%, Oct 23, 2052 163 186 150,000 Enbridge, Inc., 150,000 FortisBC Energy, Inc., 7.22%, Jul 24, 2030 192 190 2.58%, Apr 08, 2026 153 146 40,000 Enbridge, Inc., 550,000 FortisBC Energy, Inc., 7.20%, Jun 18, 2032 53 52 6.50%, May 01, 2034 753 751 100,000 Enbridge, Inc., 210,000 FortisBC Energy, Inc., 5.57%, Nov 14, 2035 112 113 6.05%, Feb 15, 2038 282 284 179,000 Enbridge, Inc., 240,000 FortisBC Energy, Inc., 5.75%, Sep 02, 2039 206 208 5.80%, May 13, 2038 313 317 815,000 Enbridge, Inc., 100,000 FortisBC Energy, Inc., 4.24%, Aug 27, 2042 766 782 6.55%, Feb 24, 2039 145 144 760,000 Enbridge, Inc., 400,000 FortisBC Energy, Inc., 4.57%, Mar 11, 2044 752 765 4.25%, Dec 09, 2041 439 445 20,000 Énergir, Inc., 70,000 FortisBC Energy, Inc., 7.20%, Nov 19, 2027 27 26 3.67%, Apr 09, 2046 70 71 50,000 Énergir, Inc., 100,000 FortisBC Energy, Inc., 7.05%, Oct 30, 2030 70 68 3.78%, Mar 06, 2047 107 105 100,000 Énergir, Inc., 430,000 FortisBC Energy, Inc., 5.70%, Jul 10, 2036 128 129 3.69%, Oct 30, 2047 461 441 150,000 Énergir, Inc., 110,000 FortisBC, Inc., 3.53%, May 16, 2047 150 151 6.10%, Jun 02, 2039 148 150 175,000 EPCOR Utilities, Inc., 40,000 FortisBC, Inc., 5.65%, Nov 16, 2035 218 223 4.00%, Oct 28, 2044 42 43 160,000 EPCOR Utilities, Inc., 350,000 FortisBC, Inc., 6.65%, Apr 15, 2038 226 230 5.90%, Jul 04, 2047 499 493 230,000 EPCOR Utilities, Inc., 50,000 FortisBC, Inc., 5.75%, Nov 24, 2039 307 304 5.00%, Nov 24, 2050 58 63 300,000 EPCOR Utilities, Inc., 75,000 GE Capital Canada Funding Co., 4.55%, Feb 28, 2042 342 347 5.73%, Oct 22, 2037 94 96 350,000 EPCOR Utilities, Inc., 50,000 George Weston Ltd., 3.55%, Nov 27, 2047 348 350 4.12%, Jun 17, 2024 55 52 50,000 Fairfax Financial Holdings Ltd., 30,000 George Weston Ltd., 4.70%, Dec 16, 2026 53 52 7.10%, Feb 05, 2032 39 39 430,000 Finning International, Inc., 110,000 George Weston Ltd., 5.08%, Jun 13, 2042 485 501 6.69%, Mar 01, 2033 139 139 50,000 First Capital Realty, Inc., 300,000 Greater Toronto Airports Authority, 3.75%, Jul 12, 2027 50 49 7.05%, Jun 12, 2030 431 417 50,000 Fortis, Inc., 430,000 Greater Toronto Airports Authority, 6.51%, Jul 04, 2039 68 67 7.10%, Jun 04, 2031 616 609 290,000 FortisAlberta, Inc., 530,000 Greater Toronto Airports Authority, 5.40%, Apr 21, 2036 358 362 6.47%, Feb 02, 2034 729 746

The accompanying notes are an integral part of the financial statements.

93 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 120,000 Greater Toronto Airports Authority, 285,000 Intact Financial Corp., 5.63%, Jun 07, 2040 163 164 5.16%, Jun 16, 2042 335 340 645,000 Greater Toronto Airports Authority, 520,000 Inter Pipeline Ltd., 5.30%, Feb 25, 2041 829 854 4.64%, May 30, 2044 532 525 375,000 Greater Toronto Airports Authority, 50,000 Investors Group, Inc., 4.53%, Dec 02, 2041 441 453 7.00%, Dec 31, 2032 66 67 215,000 Great-West Lifeco, Inc., 50,000 Laurentian Bank of Canada, 6.67%, Mar 21, 2033 289 288 2.50%, Jan 23, 2020 50 50 283,000 Great-West Lifeco, Inc., 425,000 Loblaw Cos., Ltd., 6.00%, Nov 16, 2039 366 377 4.86%, Sep 12, 2023 480 457 900,000 HSBC Bank Canada, 50,000 Loblaw Cos., Ltd., 2.54%, Jan 31, 2023 886 880 6.45%, Feb 09, 2028 62 60 25,000 Husky Energy, Inc., 50,000 Loblaw Cos., Ltd., 3.60%, Mar 10, 2027 25 25 6.50%, Jan 22, 2029 62 61 775,000 Hydro One, Inc., 100,000 Loblaw Cos., Ltd., 2.77%, Feb 24, 2026 804 761 6.85%, Mar 01, 2032 128 129 170,000 Hydro One, Inc., 100,000 Loblaw Cos., Ltd., 7.35%, Jun 03, 2030 234 234 6.54%, Feb 17, 2033 126 126 300,000 Hydro One, Inc., 100,000 Loblaw Cos., Ltd., 6.93%, Jun 01, 2032 415 412 6.05%, Jun 09, 2034 122 122 115,000 Hydro One, Inc., 200,000 Loblaw Cos., Ltd., 6.35%, Jan 31, 2034 155 154 6.15%, Jan 29, 2035 241 247 170,000 Hydro One, Inc., 110,000 Loblaw Cos., Ltd., 5.36%, May 20, 2036 209 210 5.90%, Jan 18, 2036 130 134 275,000 Hydro One, Inc., 75,000 Loblaw Cos., Ltd., 6.03%, Mar 03, 2039 371 371 6.45%, Mar 01, 2039 100 98 685,000 Hydro One, Inc., 75,000 Loblaw Cos., Ltd., 5.49%, Jul 16, 2040 893 879 6.65%, Nov 08, 2027 94 92 125,000 Hydro One, Inc., 550,000 Lower Mattagami Energy LP, 4.39%, Sep 26, 2041 136 140 4.18%, Feb 23, 2046 589 613 650,000 Hydro One, Inc., 135,000 Metro, Inc., 4.59%, Oct 09, 2043 747 754 5.97%, Oct 15, 2035 156 165 250,000 Hydro One, Inc., 360,000 Metro, Inc., 4.17%, Jun 06, 2044 263 273 5.03%, Dec 01, 2044 393 403 265,000 Hydro One, Inc., 540,000 Metro, Inc., 3.91%, Feb 23, 2046 277 279 4.27%, Dec 04, 2047 551 539 305,000 Hydro One, Inc., 100,000 National Bank of Canada, 5.00%, Oct 19, 2046 375 380 1.96%, Jun 30, 2022 101 97 555,000 Hydro One, Inc., 125,000 NAV Canada, 3.72%, Nov 18, 2047 561 567 7.40%, Jun 01, 2027 174 168 300,000 Hydro One, Inc., 125,000 NAV Canada, 4.00%, Dec 22, 2051 303 318 3.53%, Feb 23, 2046 130 132 300,000 Hydro One, Inc., 150,000 NAV Canada, 3.79%, Jul 31, 2062 320 304 3.29%, Mar 30, 2048 150 152 400,000 IGM Financial, Inc., 275,000 North West Redwater Partnership / NWR 3.44%, Jan 26, 2027 403 399 Financing Co., Ltd., 242,000 IGM Financial, Inc., 2.80%, Jun 01, 2027 262 264 6.00%, Dec 10, 2040 306 307 150,000 North West Redwater Partnership / NWR 350,000 IGM Financial, Inc., Financing Co., Ltd., 4.56%, Jan 25, 2047 365 376 4.25%, Jun 01, 2029 161 160 240,000 IGM Financial, Inc., 150,000 North West Redwater Partnership / NWR 4.12%, Dec 09, 2047 238 241 Financing Co., Ltd., 100,000 Intact Financial Corp., 4.15%, Jun 01, 2033 158 159 2.85%, Jun 07, 2027 100 96

The accompanying notes are an integral part of the financial statements.

94 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 1,000,000 North West Redwater Partnership / NWR 525,000 TELUS Corp., Financing Co., Ltd., 5.15%, Nov 26, 2043 564 578 3.65%, Jun 01, 2035 972 994 1,095,000 TELUS Corp., 50,000 North West Redwater Partnership / NWR 4.85%, Apr 05, 2044 1,131 1,157 Financing Co., Ltd., 400,000 TELUS Corp., 4.35%, Jan 10, 2039 53 54 4.75%, Jan 17, 2045 406 417 500,000 North West Redwater Partnership / NWR 685,000 TELUS Corp., Financing Co., Ltd., 4.40%, Jan 29, 2046 641 677 3.70%, Feb 23, 2043 486 493 365,000 TELUS Corp., 910,000 North West Redwater Partnership / NWR 4.70%, Mar 06, 2048 384 378 Financing Co., Ltd., 200,000 Teranet Holdings LP, 4.05%, Jul 22, 2044 900 949 5.75%, Dec 17, 2040 207 213 170,000 Nova Scotia Power, Inc., 90,000 Teranet Holdings LP, 6.95%, Aug 25, 2033 237 235 6.10%, Jun 17, 2041 99 100 185,000 Nova Scotia Power, Inc., 150,000 The Bank of Nova Scotia, 5.95%, Jul 27, 2039 242 247 2.87%, Jun 04, 2021 154 151 130,000 Nova Scotia Power, Inc., 150,000 The Bank of Nova Scotia, 5.61%, Jun 15, 2040 167 168 1.83%, Apr 27, 2022 150 145 285,000 Nova Scotia Power, Inc., 50,000 The Toronto-Dominion Bank, 4.15%, Mar 06, 2042 303 307 3.23%, Jul 24, 2024 53 51 305,000 Nova Scotia Power, Inc., 160,000 Toronto Hydro Corp., 4.50%, Jul 20, 2043 334 347 4.08%, Sep 16, 2044 174 176 100,000 Nova Scotia Power, Inc., 395,000 Toronto Hydro Corp., 3.61%, May 01, 2045 93 99 3.55%, Jul 28, 2045 375 399 360,000 Pembina Pipeline Corp., 350,000 Toronto Hydro Corp., 4.75%, Apr 30, 2043 358 369 3.49%, Feb 28, 2048 362 351 875,000 Pembina Pipeline Corp., 50,000 Toronto Hydro Corp., 4.81%, Mar 25, 2044 866 904 3.96%, Apr 09, 2063 53 55 715,000 Pembina Pipeline Corp., 100,000 Toyota Credit Canada, Inc., 4.74%, Jan 21, 2047 721 730 2.35%, Jul 18, 2022 99 98 250,000 Power Corp. of Canada, 25,000 TransAlta Corp., 4.81%, Jan 31, 2047 267 276 5.00%, Nov 25, 2020 26 26 210,000 Power Financial Corp., 175,000 TransCanada PipeLines Ltd., 6.90%, Mar 11, 2033 279 281 3.39%, Mar 15, 2028 180 174 255,000 Rogers Communications, Inc., 210,000 TransCanada PipeLines Ltd., 5.34%, Mar 22, 2021 290 272 6.28%, May 26, 2028 261 254 310,000 Rogers Communications, Inc., 145,000 TransCanada PipeLines Ltd., 6.68%, Nov 04, 2039 407 411 8.05%, Feb 17, 2039 224 221 270,000 Rogers Communications, Inc., 480,000 TransCanada PipeLines Ltd., 6.11%, Aug 25, 2040 320 337 4.55%, Nov 15, 2041 516 508 125,000 Rogers Communications, Inc., 880,000 TransCanada PipeLines Ltd., 6.56%, Mar 22, 2041 169 165 4.35%, Jun 06, 2046 920 907 80,000 Royal Bank of Canada, FRN 740,000 TransCanada PipeLines Ltd., 3.04%, Jul 17, 2024 80 80 4.33%, Sep 16, 2047 774 760 415,000 Shaw Communications, Inc., 120,000 TransCanada PipeLines Ltd., 6.75%, Nov 09, 2039 509 523 11.80%, Nov 20, 2020 154 144 300,000 Suncor Energy, Inc., 120,000 Union Gas Ltd., 5.39%, Mar 26, 2037 352 356 6.05%, Sep 02, 2038 163 163 360,000 Suncor Energy, Inc., 225,000 Union Gas Ltd., 4.34%, Sep 13, 2046 363 380 5.20%, Jul 23, 2040 272 281 125,000 TELUS Communications, Inc., 150,000 Union Gas Ltd., 9.65%, Apr 08, 2022 175 154 4.88%, Jun 21, 2041 179 181 535,000 TELUS Corp., 375,000 Union Gas Ltd., 4.40%, Apr 01, 2043 528 529 4.20%, Jun 02, 2044 396 415

The accompanying notes are an integral part of the financial statements.

95 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND MANULIFE ASSET MANAGEMENT MID-TERM LIABILITY CORPORATE BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) 240,000 Union Gas Ltd., 3.80%, Jun 01, 2046 250 250 250,000 Union Gas Ltd., 3.59%, Nov 22, 2047 249 252 50,000 Ventas Canada Finance Ltd., 4.13%, Sep 30, 2024 51 52 75,000 Wells Fargo Canada Corp., 3.46%, Jan 24, 2023 80 77 245,000 Westcoast Energy, Inc., 7.15%, Mar 20, 2031 325 321 25,000 Westcoast Energy, Inc., 4.79%, Oct 28, 2041 25 28 76,240 77,056 Investments 76,240 77,056 Transaction costs - Total investments 76,240 77,056 Other assets less liabilities 1.0% 814 Net assets attributable to unitholders 100.0% 77,870

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Corporate Bonds 99.0 98.7 Provincial Bonds - 0.1 Other assets less liabilities 1.0 1.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

96 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 3,934 4,278 Investments, at fair value 195,743 257,904 Realized gain (loss) on sales of investments (384) 505 Cash 83 377 Change in unrealized appreciation (depreciation) Subscriptions receivable 1 211 in the value of investments (4,331) 12,069 Receivable from investments sold 60 - (781) 16,852 Receivable from Manager - 3 Expenses Interest, dividends and other receivables 534 900 Audit fees 2 3 196,421 259,395 Transfer agent fees 1 2 Filing fees 2 - Liabilities Unitholder reporting costs 27 2 Current liabilities Custodial fees 5 52 Redemptions payable 78 204 Payable on investments purchased - 224 37 59 Accrued expenses and other liabilities 14 29 Less operating expenses absorbed by manager - (4) 92 457 Net operating expenses 37 55 Increase (decrease) in net assets Net assets attributable to unitholders 196,329 258,938 attributable to unitholders (818) 16,797 Net assets attributable to unitholders per unit Increase (decrease) in net assets attributable to unitholders per unit 105.67 105.07 (0.40) 7.64

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 258,938 218,825 Increase (decrease) in net assets attributable to unitholders (818) 16,797 Security Transactions Proceeds from units issued 4,727 11,734 Redemption of units (66,518) (22,303)

Total security transactions (61,791) (10,569)

Net assets attributable to unitholders - end of period 196,329 225,053

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 2,465 2,185 Units issued 46 115 Units issued for reinvestment of distributions - - Units redeemed (653) (211)

Units outstanding end of period 1,858 2,089

Signed on behalf of the Fund Manager for Manulife Asset Management Long-Term Bernard Letendre Warren Thomson Liability Government Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

97 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.7% unitholders (818) 16,797 Canada 99.7% Adjustments for: Provincial Bonds 93.5% Realized gain (loss) on sales of investments 384 (505) 1,690,000 Financement-Québec, Change in unrealized appreciation (depreciation) 5.25%, Jun 01, 2034 2,020 2,158 in the value of investments 4,331 (12,069) 1,900,000 Hydro Québec Residual Strip, Purchases of investments (17,526) (32,453) zero coupon, Feb 15, 2045 793 873 Proceeds from disposition of investments 74,688 38,379 48,080,000 Hydro Québec Residual Strip, Receivable from Manager 3 (5) zero coupon, Feb 15, 2050 18,680 19,384 Interest, dividends and other receivables 366 23 60,000 Hydro-Québec, Accrued expenses and other liabilities (15) 11 6.00%, Aug 15, 2031 81 80 Net cash provided by (used in) operating 738,000 Hydro-Québec, activities 61,413 10,178 6.50%, Feb 15, 2035 1,101 1,080 Cash flows from financing activities 1,475,000 Province of Alberta, Proceeds from sale of units 4,937 12,066 3.90%, Dec 01, 2033 1,586 1,647 Payments for units redeemed (66,644) (22,198) 700,000 Province of Alberta, 4.50%, Dec 01, 2040 859 870 Net cash provided by (used in) financing 830,000 Province of Alberta, activities (61,707) (10,132) 3.45%, Dec 01, 2043 850 896 Net increase (decrease) in cash (294) 46 4,325,000 Province of Alberta, Cash (bank overdraft) beginning of period 377 56 3.30%, Dec 01, 2046 4,472 4,573 4,680,000 Province of Alberta, Cash (bank overdraft) end of period 83 102 3.05%, Dec 01, 2048 4,622 4,745 Supplemental information on cash flows from operating activities: 1,050,000 Province of British Columbia, Interest received, net of foreign withholding 4.95%, Jun 18, 2040 1,390 1,399 taxes 4,300 4,301 3,442,000 Province of British Columbia, 4.30%, Jun 18, 2042 4,171 4,269 7,965,000 Province of British Columbia, 3.20%, Jun 18, 2044 7,869 8,400 7,760,000 Province of British Columbia, 2.80%, Jun 18, 2048 7,406 7,635 525,000 Province of Manitoba, 4.60%, Mar 05, 2038 658 641 200,000 Province of Manitoba, 4.65%, Mar 05, 2040 261 249 50,000 Province of Manitoba, 4.10%, Mar 05, 2041 58 58 695,000 Province of Manitoba, 4.40%, Mar 05, 2042 783 845 450,000 Province of Manitoba, 3.35%, Mar 05, 2043 443 469 165,000 Province of Manitoba, 2.85%, Sep 05, 2046 149 157 3,050,000 Province of Manitoba, 3.40%, Sep 05, 2048 3,184 3,237 28,000 Province of Manitoba, 4.70%, Mar 05, 2050 35 37 10,000,000 Province of Manitoba Residual Strip, zero coupon, Mar 05, 2063 2,483 2,661 475,000 Province of New Brunswick, 4.80%, Jun 03, 2041 571 599 1,145,000 Province of New Brunswick, 3.55%, Jun 03, 2043 1,152 1,216 650,000 Province of New Brunswick, 3.80%, Aug 14, 2045 678 722

The accompanying notes are an integral part of the financial statements.

98 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,050,000 Province of New Brunswick, 3,000,000 Province of Ontario Generic Strip Residual, 3.10%, Aug 14, 2048 1,080 1,036 zero coupon, Jun 02, 2048 1,153 1,244 760,000 Province of New Brunswick, 150,000 Province of Prince Edward Island, 3.55%, Jun 03, 2055 802 816 5.70%, Jun 15, 2035 202 197 505,000 Province of Newfoundland and Labrador, 965,000 Province of Prince Edward Island, 5.60%, Oct 17, 2033 667 654 4.60%, May 19, 2041 1,047 1,161 420,000 Province of Newfoundland and Labrador, 100,000 Province of Prince Edward Island, 3.30%, Oct 17, 2046 385 428 3.60%, Jan 17, 2053 104 105 1,275,000 Province of Newfoundland and Labrador, 1,750,000 Province of Quebec, 3.70%, Oct 17, 2048 1,318 1,403 6.25%, Jun 01, 2032 2,455 2,410 1,089,000 Province of Nova Scotia, 3,030,000 Province of Quebec, 4.40%, Jun 01, 2042 1,257 1,335 5.75%, Dec 01, 2036 4,156 4,224 500,000 Province of Nova Scotia, 4,825,000 Province of Quebec, 3.45%, Jun 01, 2045 555 536 5.00%, Dec 01, 2038 6,066 6,315 2,090,000 Province of Nova Scotia, 3,690,000 Province of Quebec, 3.50%, Jun 02, 2062 2,073 2,314 5.00%, Dec 01, 2041 4,584 4,939 700,000 Province of Ontario, 1,230,000 Province of Quebec, 5.85%, Mar 08, 2033 934 939 4.25%, Dec 01, 2043 1,457 1,508 1,379,000 Province of Ontario, 2,670,000 Province of Quebec, 5.60%, Jun 02, 2035 1,872 1,856 3.50%, Dec 01, 2045 2,901 2,932 2,460,000 Province of Ontario, 11,700,000 Province of Quebec, 4.70%, Jun 02, 2037 3,078 3,062 3.50%, Dec 01, 2048 12,804 12,965 1,100,000 Province of Ontario, 1,950,000 Province of Quebec Residual Strip, 4.60%, Jun 02, 2039 1,404 1,371 zero coupon, Dec 01, 2043 802 930 1,970,000 Province of Ontario, 1,460,000 Province of Saskatchewan, 4.65%, Jun 02, 2041 2,385 2,500 4.75%, Jun 01, 2040 1,781 1,870 530,000 Province of Ontario, 845,000 Province of Saskatchewan, 3.50%, Jun 02, 2043 555 575 3.40%, Feb 03, 2042 844 902 6,940,000 Province of Ontario, 2,100,000 Province of Saskatchewan, 3.45%, Jun 02, 2045 7,178 7,489 3.90%, Jun 02, 2045 2,385 2,450 5,900,000 Province of Ontario, 1,900,000 Province of Saskatchewan, 2.90%, Dec 02, 2046 5,775 5,769 2.75%, Dec 02, 2046 1,660 1,813 21,210,000 Province of Ontario, 450,000 Province of Saskatchewan, 2.80%, Jun 02, 2048 19,800 20,372 3.30%, Jun 02, 2048 462 479 1,225,000 Province of Ontario, 177,361 183,549 2.90%, Jun 02, 2049 1,201 1,201 1,500,000 Province of Ontario Generic Coupon Strip, Corporate Bonds 6.2% zero coupon, Jun 02, 2029 961 1,079 140,000 Hydro Québec Interest Strip, 2,000,000 Province of Ontario Generic Coupon Strip, zero coupon, Feb 15, 2045 60 63 zero coupon, Jun 02, 2031 1,179 1,346 6,840,000 Hydro Québec Residual Strip, 2,000,000 Province of Ontario Generic Coupon Strip, zero coupon, Feb 15, 2055 2,581 2,402 zero coupon, Dec 02, 2032 1,114 1,281 6,900,000 Hydro Québec Residual Strip, 7,300,000 Province of Ontario Generic Coupon Strip, zero coupon, Feb 15, 2035 4,097 4,238 zero coupon, Dec 02, 2033 4,435 4,535 500,000 Hydro Québec Residual Strip, 2,500,000 Province of Ontario Generic Strip Residual, zero coupon, Feb 15, 2040 262 262 zero coupon, Jun 02, 2031 1,697 1,714 95,000 Hydro-Québec, 2,000,000 Province of Ontario Generic Strip Residual, 6.00%, Feb 15, 2040 132 140 zero coupon, Jun 02, 2035 1,168 1,210 2,385,000 Hydro-Québec, 3,000,000 Province of Ontario Generic Strip Residual, 5.00%, Feb 15, 2050 3,011 3,375 zero coupon, Jun 02, 2037 1,662 1,710 1,390,000 Hydro-Québec, 1,517,000 Province of Ontario Generic Strip Residual, 4.00%, Feb 15, 2055 1,770 1,714 zero coupon, Jun 02, 2043 670 723 11,913 12,194 2,200,000 Province of Ontario Generic Strip Residual, Investments 189,274 195,743 zero coupon, Dec 02, 2046 938 951

The accompanying notes are an integral part of the financial statements.

99 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LONG-TERM LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs - Total investments 189,274 195,743 Other assets less liabilities 0.3% 586 Net assets attributable to unitholders 100.0% 196,329

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Bonds Canada Provincial Bonds 93.5 77.9 Corporate Bonds 6.2 21.7 Other assets less liabilities 0.3 0.4 100.0 100.0

The accompanying notes are an integral part of the financial statements.

100 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 235 Investments, at fair value 30,072 Realized gain (loss) on sales of investments 9 Cash 198 Change in unrealized appreciation (depreciation) in the value of Interest, dividends and other receivables 157 investments 274 30,427 518 Liabilities Expenses Audit fees 1 Current liabilities Transfer agent fees 1 Accrued expenses and other liabilities 37 Unitholder reporting costs 10 Payable secured by securities 19,895 Custodial fees 11 19,932 23 Net assets attributable to unitholders 10,495 Increase (decrease) in net assets attributable to Net assets attributable to unitholders per unit unitholders 495 10.49 Increase (decrease) in net assets attributable to unitholders per unit 0.73

STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the period ended June 30 (In thousands except for per unit amounts) 2018 (Unaudited)$

Net assets attributable to unitholders - beginning of period - Increase (decrease) in net assets attributable to unitholders 495 Security Transactions Proceeds from units issued 10,000

Total security transactions 10,000

Net assets attributable to unitholders - end of period 10,495

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period - Units issued 1,000 Units issued for reinvestment of distributions - Units redeemed -

Units outstanding end of period 1,000

Signed on behalf of the Fund Manager for Manulife Asset Management Leveraged Bernard Letendre Warren Thomson Liability Government Bond Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

101 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

STATEMENT OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the period ended June 30 2018 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to unitholders 495 BONDS 286.5% Adjustments for: Canada 286.5% Realized gain (loss) on sales of investments (9) Provincial Bonds 275.9% Change in unrealized appreciation (depreciation) in the value of 1,520,000 Province of Alberta, investments (274) 2.55%, Jun 01, 2027 1,485 1,491 Purchases of investments (53,259) 1,310,000 Province of Alberta, Proceeds from disposition of investments 43,365 3.05%, Dec 01, 2048 1,285 1,328 Interest, dividends and other receivables (157) 750,000 Province of British Columbia, Accrued expenses and other liabilities 37 4.30%, Jun 18, 2042 916 930 Net cash provided by (used in) operating activities (9,802) 1,000,000 Province of British Columbia, Cash flows from financing activities 3.20%, Jun 18, 2044 1,033 1,055 Proceeds from sale of units 10,000 1,110,000 Province of British Columbia, 2.80%, Jun 18, 2048 1,066 1,092 Net cash provided by (used in) financing activities 10,000 900,000 Province of Manitoba, Net increase (decrease) in cash 198 3.40%, Sep 05, 2048 939 955 Cash (bank overdraft) beginning of period - 1,000,000 Province of Newfoundland and Labrador, Cash (bank overdraft) end of period 198 3.30%, Oct 17, 2046 1,004 1,019 500,000 Province of Nova Scotia, Supplemental information on cash flows from operating activities: 3.50%, Jun 02, 2062 550 554 Interest received, net of foreign withholding taxes 78 2,810,000 Province of Ontario, 3.15%, Jun 02, 2022 2,901 2,886 1,620,000 Province of Ontario, 2.60%, Jun 02, 2027 1,595 1,593 1,090,000 Province of Ontario, 5.85%, Mar 08, 2033 1,466 1,463 890,000 Province of Ontario, 5.60%, Jun 02, 2035 1,195 1,198 910,000 Province of Ontario, 4.70%, Jun 02, 2037 1,127 1,133 1,160,000 Province of Ontario, 4.60%, Jun 02, 2039 1,435 1,445 2,430,000 Province of Ontario, 2.80%, Jun 02, 2048 2,299 2,334 1,120,000 Province of Quebec, 6.00%, Oct 01, 2029 1,464 1,456 1,270,000 Province of Quebec, 5.75%, Dec 01, 2036 1,760 1,770 1,100,000 Province of Quebec, 5.00%, Dec 01, 2038 1,427 1,440 780,000 Province of Quebec, 5.00%, Dec 01, 2041 1,033 1,044 1,730,000 Province of Quebec, 3.50%, Dec 01, 2048 1,882 1,917 800,000 Province of Saskatchewan, 3.30%, Jun 02, 2048 835 851 28,697 28,954 Corporate Bonds 10.6% 790,000 Hydro-Québec, 5.00%, Feb 15, 2050 1,101 1,118 Investments 29,798 30,072

The accompanying notes are an integral part of the financial statements.

102 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND MANULIFE ASSET MANAGEMENT LEVERAGED LIABILITY GOVERNMENT BOND POOLED FUND POOLED FUND

REPURCHASE TRANSACTIONS (Note 2) Cost Fair Value Face Value Repurchase Value Transaction Date Expiry Date Description ($)(’000) ($)(’000) ($)(’000) ($)(’000) June 07, 2018 September 10, 2018 Province of Quebec, 3.50%, December 01, 2048 1,841 1,873 1,690 1,847 June 07, 2018 September 10, 2018 Province of Ontario, 2.60%, June 02, 2027 1,426 1,435 1,460 1,431 June 07, 2018 September 10, 2018 Province of Alberta, 2.55%, June 01, 2027 1,335 1,344 1,370 1,340 June 07, 2018 September 10, 2018 Province of Alberta, 3.05%, December 01, 2048 1,172 1,196 1,180 1,177 June 07, 2018 September 10, 2018 Province of Ontario, 4.60%, June 02, 2039 1,279 1,296 1,040 1,283 June 07, 2018 September 10, 2018 Province of Quebec, 5.75%, December 01, 2036 1,573 1,589 1,140 1,579 June 07, 2018 September 10, 2018 Province of Ontario, 2.80%, June 02, 2048 2,062 2,103 2,190 2,070 June 07, 2018 September 10, 2018 Province of Quebec, 6.00%, October 01, 2029 1,316 1,313 1,010 1,321 June 07, 2018 September 10, 2018 Province of British Columbia, 3.20%, June 18, 2044 1,000 1,002 950 989 June 07, 2018 September 10, 2018 Province of Ontario, 5.85%, March 08, 2033 1,319 1,315 980 1,296 June 07, 2018 September 10, 2018 Province of Quebec, 5.00%, December 01, 2038 1,280 1,296 990 1,285 June 07, 2018 September 10, 2018 Province of British Columbia, 2.80%, June 18, 2048 978 984 1,000 968 June 07, 2018 September 10, 2018 Province of Ontario, 3.15%, June 02, 2022 2,782 2,783 2,710 2,793 June 07, 2018 September 10, 2018 Province of Ontario, 5.60%, June 02, 2035 533 538 400 535 19,895 20,067 18,110 19,914

The accompanying notes are an integral part of the financial statements.

103 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 2,134 2,307 Investments, at fair value 107,890 110,175 Foreign exchange gain (loss) on currency 5 (22) Cash 65 141 Realized gain (loss) on sales of investments 296 626 Margin deposited on derivatives 601 30 Realized gain (loss) on derivatives 265 132 Interest, dividends and other receivables 276 278 Change in unrealized appreciation (depreciation) Derivative assets 6 36 in the value of investments (1,443) 6,169 Change in unrealized appreciation (depreciation) 108,838 110,660 in the value of derivatives (31) 16 Liabilities 1,226 9,228 Current liabilities Expenses Redemptions payable 16 197 Audit fees 2 3 Accrued expenses and other liabilities 13 20 Transfer agent fees 1 2 Derivative liabilities 1 - Unitholder reporting costs 17 2 30 217 Custodial fees 10 36 Transaction costs 3 3 Net assets attributable to unitholders 108,808 110,443 33 46 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager - (3) 11.22 11.09 Net operating expenses 33 43 Increase (decrease) in net assets attributable to unitholders 1,193 9,185 Increase (decrease) in net assets attributable to unitholders per unit 0.13 0.87

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 110,443 111,751 Increase (decrease) in net assets attributable to unitholders 1,193 9,185 Security Transactions Proceeds from units issued 9,073 8,009 Redemption of units (11,901) (18,817)

Total security transactions (2,828) (10,808)

Net assets attributable to unitholders - end of period 108,808 110,128

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 9,962 10,635 Units issued 836 763 Units issued for reinvestment of distributions - - Units redeemed (1,101) (1,718)

Units outstanding end of period 9,697 9,680

Signed on behalf of the Fund Manager for Manulife Asset Management Ultra Long Dura- Bernard Letendre Warren Thomson tion Fixed Income Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

104 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 99.0% unitholders 1,193 9,185 Canada 98.5% Adjustments for: Provincial Bonds 72.6% Change in unrealized foreign exchange gain 6,650,000 Hydro Québec Residual Strip, (loss) on currency (3) 24 zero coupon, Feb 15, 2045 2,824 3,056 Realized gain (loss) on sales of investments (296) (626) 8,950,000 Hydro Québec Residual Strip, Realized gain (loss) on derivatives (265) (132) zero coupon, Feb 15, 2050 3,185 3,608 Change in unrealized appreciation (depreciation) 500,000 Labrador-Island Link Funding Trust, in the value of investments 1,443 (6,169) 3.85%, Dec 01, 2053 508 605 Change in unrealized appreciation (depreciation) 500,000 Maritime Link Financing Trust, in the value of derivatives 31 (16) 3.50%, Dec 01, 2052 498 532 Purchases of investments (105,940) (37,657) 78,000 Province of Alberta, Proceeds from disposition of investments 107,343 48,019 4.50%, Dec 01, 2040 84 97 Margin deposited on derivatives (571) - 755,000 Province of Alberta, Receivable from Manager - (3) 3.45%, Dec 01, 2043 716 815 Interest, dividends and other receivables 2 28 500,000 Province of Alberta, Accrued expenses and other liabilities (7) 7 3.30%, Dec 01, 2046 489 529 Net cash provided by (used in) operating 200,000 Province of Alberta, activities 2,930 12,660 3.05%, Dec 01, 2048 189 203 Cash flows from financing activities 308,000 Province of British Columbia, Proceeds from sale of units 9,073 8,162 4.30%, Jun 18, 2042 323 382 Payments for units redeemed (12,082) (20,723) 789,000 Province of British Columbia, 3.20%, Jun 18, 2044 722 832 Net cash provided by (used in) financing 439,000 Province of British Columbia, activities (3,009) (12,561) 2.80%, Jun 18, 2048 430 432 Change in unrealized foreign exchange gain 995,000 Province of British Columbia Interest Strip, (loss) on currency 3 (24) zero coupon, Jun 18, 2040 445 529 Net increase (decrease) in cash (79) 75 1,330,000 Province of British Columbia Interest Strip, Cash (bank overdraft) beginning of period 141 770 zero coupon, Jun 18, 2042 589 665 Cash (bank overdraft) end of period 65 845 192,000 Province of Manitoba, 3.35%, Mar 05, 2043 202 200 Supplemental information on cash flows from operating activities: 420,000 Province of Manitoba, Interest received, net of foreign withholding 4.05%, Sep 05, 2045 446 493 taxes 2,136 2,336 692,000 Province of Manitoba, 2.85%, Sep 05, 2046 634 660 1,000,000 Province of Manitoba Canada Residual Strip, zero coupon, Mar 05, 2044 450 464 300,000 Province of Manitoba Residual Strip, zero coupon, Mar 05, 2042 129 144 1,000,000 Province of New Brunswick, 3.55%, Jun 03, 2043 893 1,062 50,000 Province of New Brunswick, 3.80%, Aug 14, 2045 55 56 250,000 Province of New Brunswick, 3.10%, Aug 14, 2048 241 247 220,000 Province of Nova Scotia, 4.50%, Jun 01, 2037 232 266 120,000 Province of Nova Scotia, 4.40%, Jun 01, 2042 124 147 750,000 Province of Nova Scotia, 3.45%, Jun 01, 2045 832 804 100,000 Province of Nova Scotia, 3.50%, Jun 02, 2062 99 111

The accompanying notes are an integral part of the financial statements.

105 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED MANULIFE ASSET MANAGEMENT ULTRA LONG DURATION FIXED INCOME POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 10,919,000 Province of Ontario, 100,000 407 International, Inc., 3.45%, Jun 02, 2045 11,545 11,783 3.98%, Sep 11, 2052 96 107 2,092,000 Province of Ontario, 180,000 Aeroports De Montreal, 2.90%, Dec 02, 2046 1,998 2,045 3.92%, Sep 26, 2042 166 198 3,419,000 Province of Ontario, 150,000 Alectra, Inc., 2.80%, Jun 02, 2048 3,186 3,284 3.96%, Jul 30, 2042 151 161 98,000 Province of Ontario, 105,000 AltaGas Ltd., 2.90%, Jun 02, 2049 92 96 4.50%, Aug 15, 2044 105 102 3,050,000 Province of Ontario Generic Coupon Strip, 400,000 AltaGas Ltd., zero coupon, Dec 02, 2038 1,472 1,622 4.99%, Oct 04, 2047 400 418 800,000 Province of Ontario Generic Coupon Strip, 65,000 AltaLink LP, zero coupon, Jun 02, 2045 357 352 4.46%, Nov 08, 2041 64 75 3,250,000 Province of Ontario Generic Strip Residual, 450,000 AltaLink LP, zero coupon, Jun 02, 2037 1,623 1,853 3.99%, Jun 30, 2042 498 485 8,300,000 Province of Ontario Generic Strip Residual, 600,000 AltaLink LP, zero coupon, Jun 02, 2041 3,988 4,189 3.72%, Dec 03, 2046 609 621 23,850,000 Province of Ontario Generic Strip Residual, 160,000 Bell Canada, Inc., zero coupon, Jun 02, 2045 10,243 10,729 4.75%, Sep 29, 2044 158 170 6,750,000 Province of Ontario Generic Strip Residual, 250,000 Bell Canada, Inc., zero coupon, Jun 02, 2048 2,774 2,798 4.35%, Dec 18, 2045 247 251 5,467,000 Province of Quebec, 150,000 Bell Canada, Inc., 3.50%, Dec 01, 2045 5,941 6,003 4.45%, Feb 27, 2047 154 153 138,000 Province of Quebec, 140,000 CU, Inc., 3.50%, Dec 01, 2048 147 153 4.54%, Oct 24, 2041 140 162 400,000 Province of Quebec Interest Strip, 730,000 CU, Inc., zero coupon, Dec 01, 2038 177 213 3.81%, Sep 10, 2042 746 761 1,900,000 Province of Quebec Interest Strip, 85,000 CU, Inc., zero coupon, Jun 01, 2042 793 914 4.72%, Sep 09, 2043 86 101 3,650,000 Province of Quebec Residual Strip, 225,000 CU, Inc., zero coupon, Dec 01, 2036 1,839 2,126 4.09%, Sep 02, 2044 240 245 1,200,000 Province of Quebec Residual Strip, 400,000 CU, Inc., zero coupon, Dec 01, 2038 550 658 3.96%, Jul 27, 2045 434 429 3,250,000 Province of Quebec Residual Strip, 150,000 CU, Inc., zero coupon, Dec 01, 2041 1,434 1,645 3.55%, Nov 22, 2047 150 150 11,650,000 Province of Quebec Residual Strip, 75,000 CU, Inc., zero coupon, Dec 01, 2043 5,022 5,557 3.83%, Sep 11, 2062 64 78 10,950,000 Province of Quebec Residual Strip, 95,000 Enbridge Gas Distribution, Inc., zero coupon, Dec 01, 2045 4,788 4,955 5.21%, Feb 25, 2036 104 116 100,000 Province of Saskatchewan, 110,000 Enbridge Gas Distribution, Inc., 4.75%, Jun 01, 2040 112 128 4.50%, Nov 23, 2043 115 127 1,000,000 Province of Saskatchewan, 40,000 Enbridge Gas Distribution, Inc., 2.75%, Dec 02, 2046 998 954 4.95%, Nov 22, 2050 42 50 160,000 Enbridge Pipelines, Inc., 74,418 78,996 5.33%, Apr 06, 2040 179 187 Corporate Bonds 16.4% 225,000 Enbridge Pipelines, Inc., 531,000 407 International, Inc., 4.13%, Aug 09, 2046 218 225 5.75%, Feb 14, 2036 673 684 375,000 Enbridge, Inc., 60,000 407 International, Inc., 4.57%, Mar 11, 2044 386 378 4.45%, Nov 15, 2041 59 69 225,000 Enbridge, Inc., FRN 110,000 407 International, Inc., 5.38%, Sep 27, 2077 212 214 4.19%, Apr 25, 2042 109 122 225,000 Enbridge, Inc., FRN 280,000 407 International, Inc., 6.63%, Apr 12, 2078 231 232 3.65%, Sep 08, 2044 286 286 455,000 EPCOR Utilities, Inc., 4.55%, Feb 28, 2042 507 526

The accompanying notes are an integral part of the financial statements.

106 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 70,000 EPCOR Utilities, Inc., 110,000 Suncor Energy, Inc., 3.55%, Nov 27, 2047 70 70 5.39%, Mar 26, 2037 116 131 130,000 FortisAlberta, Inc., 325,000 TELUS Corp., 4.54%, Oct 18, 2041 129 151 4.85%, Apr 05, 2044 334 343 40,000 FortisAlberta, Inc., 300,000 TELUS Corp., 3.67%, Sep 09, 2047 40 41 4.75%, Jan 17, 2045 321 313 650,000 FortisBC Energy, Inc., 250,000 TELUS Corp., 3.67%, Apr 09, 2046 674 663 4.40%, Jan 29, 2046 252 247 500,000 FortisBC Energy, Inc., 35,000 TransCanada PipeLines Ltd., 3.69%, Oct 30, 2047 500 513 4.55%, Nov 15, 2041 37 37 180,000 Greater Toronto Airports Authority, 130,000 TransCanada PipeLines Ltd., 4.53%, Dec 02, 2041 183 217 4.35%, Jun 06, 2046 132 134 175,000 Great-West Lifeco, Inc., 315,000 TransCanada PipeLines Ltd., 6.00%, Nov 16, 2039 212 233 4.33%, Sep 16, 2047 315 323 100,000 Hydro One, Inc., 85,000 Union Gas Ltd., 5.49%, Jul 16, 2040 114 128 4.88%, Jun 21, 2041 88 102 150,000 Hydro One, Inc., 425,000 Union Gas Ltd., 4.59%, Oct 09, 2043 151 174 3.59%, Nov 22, 2047 428 428 70,000 Hydro One, Inc., 1,000,000 University of Ottawa, 3.79%, Jul 31, 2062 59 71 3.26%, Oct 12, 2056 1,000 974 800,000 Hydro Québec Interest Strip, 17,185 17,855 zero coupon, Aug 15, 2036 410 458 850,000 Hydro Québec Interest Strip, Federal Bonds 7.9% zero coupon, Feb 15, 2037 412 480 164,324 Canadian Government Bond, 750,000 Hydro Québec Interest Strip, 1.34%, Dec 01, 2047 201 200 zero coupon, Feb 15, 2042 305 365 459,000 Canadian Government Bond, 1,000,000 Hydro Québec Interest Strip, 2.75%, Dec 01, 2048 512 514 zero coupon, Feb 15, 2055 321 341 1,865,000 Canadian Government Bond, 3,000,000 Hydro Québec Residual Strip, 2.75%, Dec 01, 2064 2,079 2,182 zero coupon, Feb 15, 2055 1,047 1,054 1,000 Canadian Government Bond Residual Strip, 100,000 Hydro-Québec, zero coupon, Jun 01, 2041 1 1 5.00%, Feb 15, 2050 114 142 4,350,000 Canadian Government Bond Residual Strip, 250,000 Hydro-Québec, zero coupon, Dec 01, 2045 2,413 2,419 4.00%, Feb 15, 2055 287 308 6,200,000 Canadian Government Bond Residual Strip, 50,000 Lower Mattagami Energy LP, zero coupon, Dec 01, 2048 3,154 3,244 4.18%, Feb 23, 2046 46 56 8,360 8,560 40,000 Nova Scotia Power, Inc., Municipal Bonds 1.6% 4.15%, Mar 06, 2042 37 43 200,000 City of Montreal, 200,000 Nova Scotia Power, Inc., 3.50%, Dec 01, 2038 207 208 4.50%, Jul 20, 2043 230 227 75,000 City of Montreal, 340,000 Pembina Pipeline Corp., 6.00%, Jun 01, 2043 91 110 4.81%, Mar 25, 2044 354 351 250,000 City of Ottawa, 143,229 Plenary Properties LTAP LP, 3.05%, Apr 23, 2046 247 243 6.29%, Jan 31, 2044 190 188 250,000 City of Ottawa, 200,000 Rogers Communications, Inc., 3.25%, Nov 10, 2047 250 252 6.11%, Aug 25, 2040 247 250 200,000 City of Toronto, 100,000 Shaw Communications, Inc., 4.15%, Mar 10, 2044 199 232 6.75%, Nov 09, 2039 126 126 700,000 City of Toronto, 50,000 South Coast British Columbia 3.25%, Jun 24, 2046 677 704 Transportation Authority, 3.15%, Nov 16, 2048 50 50 1,671 1,749 200,000 Sun Life Financial, Inc., 101,634 107,160 5.40%, May 29, 2042 225 240

The accompanying notes are an integral part of the financial statements.

107 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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Federal Bonds 0.4% Bonds USD 15,000 United States Treasury Note, Canada 2.25%, Feb 29, 2020 19 20 Provincial Bonds 72.6 66.4 USD 107,000 United States Treasury Note, Corporate Bonds 16.4 23.2 3.00%, May 15, 2047 138 141 Federal Bonds 7.9 7.7 USD 200,000 United States Treasury Note, Municipal Bonds 1.6 1.4 3.00%, Feb 15, 2048 252 264 United States Federal Bonds 0.4 0.1 409 425 Corporate Bonds 0.1 0.1 Corporate Bonds 0.1% Short-Term Investments 0.2 0.9 USD 70,000 Citigroup, Inc., Other assets less liabilities 0.8 0.2 5.30%, May 06, 2044 76 95 100.0 100.0 485 520 102,119 107,680 SHORT-TERM INVESTMENTS 0.2% 210,000 Merit Trust, 0.72%, Jul 03, 2018 210 210 Investments 102,329 107,890 Transaction costs - Total investments 102,329 107,890 Derivative assets 0.0% 6 Derivative liabilities (0.0%) (1) Other assets less liabilities 0.8% 913 Net assets attributable to unitholders 100.0% 108,808

The accompanying notes are an integral part of the financial statements.

108 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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Assets Income Current assets Interest for distribution purposes 51,564 40,167 Investments, at fair value 2,576,664 2,261,846 Dividend income 3,348 3,483 Cash 181,711 140,358 Foreign exchange gain (loss) on income 182 195 Margin deposited on derivatives 11,035 2,840 Foreign exchange gain (loss) on currency 2,194 589 Subscriptions receivable 1,552 2,635 Other income - 15 Realized gain (loss) on sales of investments (4,096) 12,311 Receivable from investments sold 4,700 4,931 Realized gain (loss) on derivatives (1,411) (67,607) Interest, dividends and other receivables 25,364 21,614 Change in unrealized appreciation (depreciation) Derivative assets 4,569 42,844 in the value of investments 9,679 (21,924) 2,805,595 2,477,068 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives (72,018) 92,509 Current liabilities (10,558) 59,738 Redemptions payable 202 82 Expenses Payable on investments purchased 91,337 38,714 Audit fees 2 5 Accrued expenses and other liabilities 71 109 Transfer agent fees 7 7 Derivative liabilities 36,136 2,400 Filing fees 50 - 127,746 41,305 Interest expense & bank charges 7 - Unitholder reporting costs 30 3 Net assets attributable to unitholders 2,677,849 2,435,763 Custodial fees 233 187 Net assets attributable to unitholders per unit Foreign withholding taxes 1,322 949 11.01 11.06 Transaction costs 54 460 1,705 1,611 Less operating expenses absorbed by manager - (3) Net operating expenses 1,705 1,608 Increase (decrease) in net assets attributable to unitholders (12,263) 58,130 Increase (decrease) in net assets attributable to unitholders per unit (0.06) 0.32

Signed on behalf of the Fund Manager for Manulife Asset Management Strategic Income Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

109 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders (12,263) 58,130 Net assets attributable to unitholders - beginning of Adjustments for: period 2,435,763 1,901,452 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency 652 (783) unitholders (12,263) 58,130 Realized gain (loss) on sales of investments 4,096 (12,311) Security Transactions Realized gain (loss) on derivatives 1,411 67,607 Proceeds from units issued 349,021 267,861 Change in unrealized appreciation (depreciation) Redemption of units (94,672) (48,846) in the value of investments (9,679) 21,924 Total security transactions 254,349 219,015 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 2,677,849 2,178,597 in the value of derivatives 72,018 (92,509) Purchases of investments (1,147,582) (708,357) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 889,783 440,977 Units outstanding beginning of period 220,305 170,669 Margin deposited on derivatives (8,195) (114) Units issued 31,492 23,748 Interest, dividends and other receivables (3,750) (2,397) Units issued for reinvestment of distributions - - Accrued expenses and other liabilities (38) 18 Units redeemed (8,536) (4,341) Net cash provided by (used in) operating Units outstanding end of period 243,261 190,076 activities (213,547) (227,815) Cash flows from financing activities Proceeds from sale of units 350,104 272,161 Payments for units redeemed (94,552) (47,673) Net cash provided by (used in) financing activities 255,552 224,488 Change in unrealized foreign exchange gain (loss) on currency (652) 783 Net increase (decrease) in cash 42,005 (2,544) Cash (bank overdraft) beginning of period 140,358 76,283 Cash (bank overdraft) end of period 181,711 73,739 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 46,939 37,402 Dividends received, net of foreign withholding taxes 2,901 3,098 Interest paid 7 -

The accompanying notes are an integral part of the financial statements.

110 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) BONDS 91.8% United States 51.6% AUD 3,950,000 Apple, Inc., EUR 3,038,000 AbbVie, Inc., 2.85%, Aug 28, 2019 3,807 3,856 1.38%, May 17, 2024 4,741 4,738 USD 4,860,000 Apple, Inc., FRN USD 260,850 Adjustable Rate Mortgage Trust 2.30%, Feb 09, 2022 6,304 6,474 2004-5, USD 3,780,000 Apple, Inc., 3.46%, Apr 25, 2035 270 343 3.20%, May 13, 2025 4,838 4,865 USD 6,355,000 AECOM, USD 5,145,000 Aramark Services, Inc., 5.88%, Oct 15, 2024 8,928 8,694 5.13%, Jan 15, 2024 7,031 6,785 USD 8,560,000 AECOM, USD 4,211,723 Aramark Services, Inc., 5.13%, Mar 15, 2027 11,272 10,641 4.07%, Mar 28, 2024 5,458 5,546 USD 4,235,000 Air Lease Corp., USD 3,067,312 Aramark Services, Inc., 3.88%, Dec 01, 2018 7,638 8,052 4.09%, Mar 11, 2025 4,002 4,036 USD 4,302,487 Almonde, Inc., USD 2,925,000 Aramark Services, Inc., 5.48%, Apr 28, 2024 5,887 5,568 5.00%, Apr 01, 2025 3,922 3,838 USD 4,549,050 Altice US Finance I Corp., USD 4,503,241 Arroyo Mortgage Trust 2018-1, 3.90%, Jul 14, 2025 5,884 5,950 3.76%, Apr 25, 2048 5,794 5,996 USD 2,000,000 Amazon.com, Inc., USD 3,154,150 Avaya, Inc., 2.60%, Dec 05, 2019 2,592 2,633 6.57%, Dec 15, 2024 4,184 4,160 USD 5,965,000 Amazon.com Inc, EUR 3,110,000 Avery Dennison Corp., 2.80%, Aug 22, 2024 7,564 7,571 1.25%, Mar 03, 2025 4,806 4,739 USD 4,529,233 American Airlines, Inc., USD 650,000 BAC Capital Trust XIII, 3.65%, Apr 28, 2023 5,869 5,905 4.00%, Dec 29, 2049 719 760 USD 1,919,000 American Axle & Manufacturing, USD 4,725,000 BAC Capital Trust XIV, Inc., 4.00%, Sep 15, 2049 4,528 5,485 USD 3,705,000 Ball Corp., 6.63%, Oct 15, 2022 2,101 2,594 USD 3,540,000 American Express Credit Account 4.38%, Dec 15, 2020 4,871 4,929 USD 5,015,000 Ball Corp., Master Trust, 4.00%, Nov 15, 2023 5,570 6,434 1.77%, Nov 15, 2022 4,713 4,567 USD 7,425,000 Ball Corp., USD 5,800,000 American Express Credit Account 5.25%, Jul 01, 2025 9,866 9,999 Master Trust, USD 6,629,000 Ball Corp., 2.04%, May 15, 2023 7,410 7,479 4.88%, Mar 15, 2026 8,671 8,709 USD 6,230,000 American International Group, Inc., USD 2,005,000 BAMLL Commercial Mortgage 8.18%, May 15, 2058 7,825 10,346 Securities Trust 2015-200P, USD 2,255,000 American Tower Corp., 3.60%, Apr 14, 2033 2,319 2,457 4.70%, Mar 15, 2022 2,552 3,060 USD 525,532 Banc of America Funding 2005-B USD 635,000 American Tower Corp., Trust, 4.00%, Jun 01, 2025 767 820 USD 930,000 Americold 2010 LLC Trust, 1.54%, Apr 20, 2035 450 687 USD 256,569 Banc of America Funding 2006-I 7.44%, Jan 14, 2029 1,178 1,307 USD 3,745,000 Amgen, Inc., Trust, 2.60%, Aug 19, 2026 4,884 4,455 3.26%, Dec 20, 2036 329 347 USD 4,935,000 Andeavor, EUR 1,120,000 Bank of America Corp., FRN 5.13%, Dec 15, 2026 6,656 6,779 0.37%, Apr 25, 2024 1,746 1,713 USD 5,170,000 Anheuser-Busch InBev Finance, Inc., USD 5,480,000 Bank of America Corp., 3.65%, Feb 01, 2026 6,976 6,664 2.88%, Sep 15, 2026 4,715 6,943 USD 4,310,000 Antero Midstream Partners LP / USD 1,405,000 Bank of the Ozarks, Inc., Antero Midstream Finance Corp., 5.50%, Jul 01, 2026 1,831 1,906 USD 3,770,000 BankUnited, Inc., 5.38%, Sep 15, 2024 5,876 5,740 USD 2,690,000 Antero Resources Corp., 4.88%, Nov 17, 2025 4,970 5,048 USD 2,710,000 BBCMS 2018-TALL Mortgage Trust, 5.63%, Jun 01, 2023 3,696 3,600 USD 2,480,000 Antero Resources Corp., 4.21%, Mar 15, 2037 3,521 3,590 USD 730,000 BCP Renaissance Parent LLC, 5.00%, Mar 01, 2025 3,285 3,262 USD 2,150,000 Anthem, Inc., 5.77%, Oct 30, 2024 890 960 2.75%, Oct 15, 2042 4,765 9,255

The accompanying notes are an integral part of the financial statements.

111 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 408,759 Bear Stearns ALT-A Trust 2004-12, USD 3,815,000 Cequel Communications Holdings I 1.93%, Jan 25, 2035 428 539 LLC / Cequel Capital Corp., USD 115,835 Bear Stearns ALT-A Trust 2004-13, 7.50%, Apr 01, 2028 4,987 5,105 1.97%, Nov 25, 2034 108 153 USD 530,000 CGDBB Commercial Mortgage Trust USD 1,524,363 Bear Stearns ALT-A Trust 2004-7, 2017-BIOC, 3.56%, Aug 25, 2034 1,682 2,075 2.85%, Jul 15, 2028 666 699 USD 144,754 Bear Stearns ALT-A Trust 2004-8, USD 8,198,800 Charter Communications 1.93%, Sep 25, 2034 177 191 Operating LLC, USD 198,292 Bear Stearns ARM Trust 2004-10, 3.65%, Apr 15, 2025 10,516 10,783 3.33%, Jan 25, 2035 172 264 USD 4,165,000 Chase Issuance Trust, USD 2,625,000 Beazer Homes USA, Inc., 1.37%, Jun 15, 2021 5,088 5,411 5.88%, Oct 15, 2027 3,250 3,025 USD 658,263 Chase Mortgage Finance Trust USD 3,514,669 Berry Global, Inc., Series 2007-A1, 4.08%, Feb 08, 2020 4,588 4,622 3.69%, Feb 25, 2037 821 892 USD 6,462,990 Berry Global, Inc., USD 1,990,000 CIT Group, Inc., 3.65%, Oct 01, 2022 8,257 8,502 5.80%, Dec 31, 2049 2,688 2,592 USD 4,368,857 BJ’s Wholesale Club, Inc., USD 3,110,000 Citibank Credit Card Issuance Trust, 5.19%, Jan 27, 2024 5,710 5,753 1.80%, Sep 20, 2021 3,838 4,042 USD 3,090,000 Broadcom Corp. / Broadcom USD 2,560,000 Citibank Credit Card Issuance Trust, Cayman Finance Ltd., 1.92%, Apr 07, 2022 3,368 3,312 3.50%, Jan 15, 2028 3,859 3,709 USD 4,575,000 Citibank Credit Card Issuance Trust, USD 3,580,000 BWAY Holdings Co., 1.86%, Aug 08, 2022 5,875 5,880 5.59%, Apr 03, 2024 4,724 4,686 USD 3,540,000 Citibank Credit Card Issuance Trust, USD 1,075,000 BX Commercial Mortgage Trust 2.49%, Jan 20, 2023 4,350 4,602 2018-BIOA, AUD 3,058,000 Citigroup, Inc., 4.12%, Mar 15, 2037 1,377 1,419 3.32%, May 04, 2021 2,931 3,015 USD 3,320,000 BXP Trust 2017-GM, USD 4,910,000 Citrix Systems, Inc., 3.42%, Jun 13, 2039 4,419 4,168 4.50%, Dec 01, 2027 6,274 6,271 USD 5,045,000 Capital One Financial Corp., USD 2,417,002 CLI Funding LLC, 4.25%, Apr 30, 2025 6,494 6,623 4.03%, Apr 18, 2043 3,093 3,195 USD 5,745,000 Capital One Multi-Asset Execution USD 3,185,000 Cogeco Communications USA II LP, Trust, 4.02%, Aug 11, 2024 4,030 4,170 2.00%, Jan 17, 2023 7,370 7,451 USD 4,831,200 Coinstar Funding LLC Series 2017-1, USD 356,764 Catalent Pharma Solutions, Inc., 5.22%, Apr 25, 2047 6,587 6,457 3.90%, May 20, 2024 460 470 USD 2,035,000 COMM 2014-PAT Mortgage Trust, USD 3,129,000 CCO Holdings LLC / CCO Holdings 3.30%, Aug 13, 2027 2,535 2,701 Capital Corp., USD 1,375,000 COMM 2014-TWC Mortgage Trust, 5.75%, Jan 15, 2024 3,297 4,137 2.41%, Feb 13, 2032 1,537 1,820 USD 7,660,000 CCO Holdings LLC / CCO Holdings USD 990,000 COMM 2014-TWC Mortgage Trust, Capital Corp., Private Placement 3.42%, Feb 13, 2032 1,255 1,322 5.13%, May 01, 2027 10,245 9,453 USD 476,903 Commercial Mortgage Trust USD 4,290,000 CCO Holdings LLC / CCO Holdings 2006-GG7, Capital Corp., 5.96%, Jul 10, 2038 533 628 5.00%, Feb 01, 2028 5,150 5,192 USD 5,450,000 Concho Resources, Inc., USD 3,035,000 CDK Global Inc, 4.38%, Jan 15, 2025 7,156 7,207 5.88%, Jun 15, 2026 4,005 4,078 USD 2,245,000 ConocoPhillips Co., USD 4,650,000 CDW LLC / CDW Finance Corp., 4.95%, Mar 15, 2026 3,142 3,188 5.00%, Sep 01, 2025 6,221 6,040 USD 4,150,000 Constellation Brands, Inc., USD 4,090,000 Cengage Learning, Inc., 4.25%, May 01, 2023 5,646 5,572 5.84%, Jun 07, 2023 4,923 4,954 USD 1,580,000 Core Industrial Trust 2015-CALW, USD 2,323,325 CenturyLink, Inc., 3.85%, Feb 10, 2034 1,960 2,018 4.40%, Jan 31, 2025 3,131 2,998 USD 3,080,000 Cott Holdings, Inc., 5.50%, Apr 01, 2025 4,168 3,950

The accompanying notes are an integral part of the financial statements.

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MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 4,065,000 Crown Americas LLC / Crown USD 1,071,518 DSLA Mortgage Loan Trust Americas Capital Corp. IV, 2004-AR1, 4.50%, Jan 15, 2023 5,195 5,254 1.47%, Sep 19, 2044 52 44 USD 5,702,000 Crown Cork & Seal Co., Inc., USD 4,195,000 E*TRADE Financial Corp., FRN 7.38%, Dec 15, 2026 7,728 8,138 5.88%, Dec 31, 2049 5,445 5,629 USD 3,695,000 CSC Holdings LLC, EUR 1,040,000 Ecolab, Inc., 5.50%, Apr 15, 2027 4,567 4,654 1.00%, Jan 15, 2024 1,622 1,621 USD 4,895,000 CSC Holdings LLC, USD 125,000 Emera US Finance LP, 5.38%, Feb 01, 2028 6,110 5,972 3.55%, Jun 15, 2026 157 155 USD 7,695,000 CVS Health Corp., USD 4,536,990 Energy Transfer Equity LP, 4.10%, Mar 25, 2025 9,843 10,083 3.60%, Feb 02, 2024 5,693 5,926 USD 5,065,000 CVS Health Corp., EUR 2,255,000 Equinix, Inc., 4.30%, Mar 25, 2028 6,455 6,585 2.88%, Mar 15, 2024 3,524 3,404 USD 2,620,000 CyrusOne LP / CyrusOne Finance USD 5,255,000 Equinix, Inc., Corp., 5.38%, May 15, 2027 6,904 6,913 5.00%, Mar 15, 2024 3,404 3,455 USD 2,725,000 ESH Hospitality, Inc., USD 850,000 CyrusOne LP / CyrusOne Finance 5.25%, May 01, 2025 3,578 3,468 Corp., USD 5,970,000 Expedia, Inc., 5.38%, Mar 15, 2027 1,155 1,113 5.00%, Feb 15, 2026 8,160 8,011 USD 4,270,000 Darling Ingredients, Inc., USD 5,980,000 Expedia, Inc., 5.38%, Jan 15, 2022 4,833 5,694 3.80%, Feb 15, 2028 7,288 7,218 USD 2,348,200 DB Master Finance LLC, USD 1,490,000 Fair Issac Corp, 3.63%, Nov 20, 2047 2,912 3,037 5.25%, May 15, 2026 1,922 1,977 USD 7,294,950 DB Master Finance LLC 2015-1, USD 979,751 Fannie Mae Connecticut Avenue 3.98%, Feb 20, 2045 8,995 9,633 Securities, USD 230,000 DCP Midstream Operating LP, 2.38%, Jan 25, 2029 1,276 1,299 3.88%, Mar 15, 2023 295 293 USD 4,485,000 Fannie Mae Connecticut Avenue USD 4,010,000 Dean Foods Co., Securities, 6.50%, Mar 15, 2023 5,578 5,077 4.94%, Jan 25, 2029 5,929 6,576 USD 5,775,126 Dell International LLC, USD 3,436,339 Fannie Mae Connecticut Avenue 3.65%, Sep 07, 2023 7,654 7,570 Securities, USD 4,055,000 Delta Air Lines, Inc., 1.83%, Apr 25, 2029 4,577 4,560 3.63%, Mar 15, 2022 5,230 5,278 USD 3,357,719 Fannie Mae Connecticut Avenue USD 3,710,000 Diamondback Energy, Inc., Securities, 5.38%, May 31, 2025 4,822 4,899 2.18%, Oct 25, 2029 4,573 4,443 USD 2,235,000 Diamondback Energy, Inc., Private USD 141,894 Fannie Mae Interest Strip, Placement 5.00%, Jan 25, 2039 29 43 5.38%, May 31, 2025 2,901 2,944 USD 895,057 Fannie Mae Interest Strip, USD 400,000 Discover Bank/Greenwood DE, 4.00%, Nov 25, 2039 350 242 7.00%, Apr 15, 2020 434 556 USD 122,051 Fannie Mae Interest Strip, USD 3,315,000 Discover Card Execution Note Trust, 4.00%, Jan 25, 2041 30 35 1.39%, Mar 15, 2022 4,022 4,291 USD 176,175 Fannie Mae Interest Strip, USD 2,685,000 Discover Financial Services, 4.50%, Mar 25, 2041 43 53 4.10%, Feb 09, 2027 3,361 3,394 USD 517,753 Fannie Mae Interest Strip, USD 1,345,000 DISH Network Corp., 5.00%,Mar 25, 2041 123 161 3.38%, Aug 15, 2026 1,795 1,718 USD 5,755,000 Fifth Third Bancorp, USD 5,512,500 Domino’s Pizza Master Issuer LLC, 5.10%, Jun 30, 2023 6,430 7,472 4.47%, Oct 25, 2045 7,162 7,439 USD 453,416 FinCo I LLC, USD 5,428,975 Domino’s Pizza Master Issuer LLC, 4.34%, Dec 27, 2022 608 598 2.49%, Jul 25, 2047 7,297 7,173 USD 8,045,488 First Data Corp., USD 3,199,820 Domino’s Pizza Master Issuer LLC, 3.87%, Jul 10, 2022 10,541 10,550 3.08%, Jul 25, 2047 4,301 4,088 USD 3,735,000 First Data Corp., USD 3,630,000 Driven Brands Funding LLC, 5.38%, Aug 15, 2023 5,078 4,971 4.74%, Apr 20, 2048 4,563 4,825

The accompanying notes are an integral part of the financial statements.

113 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 4,600,000 First Data Corp., USD 209,798 GSAA Home Equity Trust 2005-11, 5.00%, Jan 15, 2024 6,496 6,028 1.50%, Oct 25, 2035 211 275 USD 2,395,800 FOCUS Brands Funding LLC, USD 1,527,708 GSAA Home Equity Trust 5.09%, Apr 30, 2047 3,183 3,242 2005-MTR1, USD 1,375,000 Ford Credit Auto Owner Trust 1.60%, Oct 25, 2035 1,907 1,996 2016-C, USD 1,091,432 GSR Mortgage Loan Trust 2004-5, 1.22%, Mar 15, 2021 1,667 1,787 3.76%, May 25, 2034 1,081 1,463 USD 1,065,000 Ford Motor Co., USD 737,791 HarborView Mortgage Loan Trust 6.63%, Oct 01, 2028 1,547 1,574 2004-5, USD 592,261 Freddie Mac Strips, 3.24%, Jun 19, 2034 823 978 3.50%, Nov 15, 2027 - 84 USD 342,863 HarborView Mortgage Loan Trust USD 1,192,636 Freddie Mac Structured Agency 2004-7, Credit Risk Debt Notes, 3.53%, Nov 19, 2034 356 464 1.80%, Apr 25, 2024 1,456 1,591 USD 688,760 HarborView Mortgage Loan Trust USD 1,695,925 Freddie Mac Structured Agency 2005-2, Credit Risk Debt Notes, 1.20%, May 19, 2035 36 35 2.64%, Oct 25, 2028 2,174 2,258 USD 344,564 HarborView Mortgage Loan Trust USD 428,704 Freddie Mac Structured Agency 2005-9, Credit Risk Debt Notes, 1.57%, Jun 20, 2035 330 446 1.32%, Mar 25, 2029 565 564 USD 1,063,115 HarborView Mortgage Loan Trust USD 767,731 Freddie Mac Structured Agency 2005-9, Credit Risk Debt Notes, 1.68%, Jun 20, 2035 1,075 1,398 1.33%, Apr 25, 2029 1,008 1,011 USD 4,193,412 HB Fuller Co., USD 1,259,838 Freddie Mac Structured Agency 4.35%, Oct 20, 2024 5,382 5,481 Credit Risk Debt Notes, USD 3,894,000 HCA Healthcare, Inc., 1.98%, Jul 25, 2029 1,643 1,671 6.25%, Feb 15, 2021 4,309 5,327 USD 2,572,708 Freddie Mac Structured Agency USD 3,995,000 HCA, Inc., Credit Risk Debt Notes, 7.50%, Feb 15, 2022 5,099 5,728 3.10%, Oct 25, 2029 3,483 3,423 USD 5,060,000 HCA, Inc., USD 1,504,201 Freddie Mac Structured Agency 5.00%, Mar 15, 2024 5,619 6,673 Credit Risk Debt Notes, USD 875,000 HCA, Inc., 2.03%, Dec 25, 2029 1,989 1,987 5.38%, Feb 01, 2025 1,142 1,136 USD 1,640,798 Freddie Mac Structured Agency USD 4,335,000 HCA, Inc., Credit Risk Debt Notes, 5.25%, Apr 15, 2025 5,932 5,717 1.98%, Mar 25, 2030 2,033 2,164 USD 2,865,000 HCA, Inc., USD 2,255,000 FTS International, Inc., 4.50%, Feb 15, 2027 3,773 3,557 6.25%, May 01, 2022 2,926 3,007 USD 700,000 Hilton Domestic Operating Co., Inc., USD 1,830,000 GAHR Commercial Mortgage Trust 4.25%, Sep 01, 2024 922 877 2015-NRF, USD 5,172,006 Hilton Worldwide Finance LLC, 3.38%, Dec 15, 2019 2,139 2,381 4.10%, Oct 25, 2023 6,841 6,811 USD 5,920,000 GCI Liberty Inc/AK, USD 150,538 Home Equity Asset Trust, 1.75%, Sep 30, 2046 7,719 8,052 2.73%, Jun 25, 2033 139 203 USD 6,678,000 General Electric Co., USD 823,706 Honda Auto Receivables 2016-1 5.00%, Dec 31, 2049 8,653 8,664 Owner Trust, USD 3,845,000 Gentiva Health Services, Inc., 1.22%, Dec 18, 2019 1,144 1,079 6.09%,Jul 02, 2025 5,064 5,032 USD 1,450,000 Honda Auto Receivables 2016-1 USD 6,510,000 GGP, Inc., Owner Trust, 4.84%, May 07, 2025 8,331 8,429 1.38%, Apr 18, 2022 2,013 1,888 USD 5,865,750 Grifols Worldwide Operations USA, USD 2,291,850 Hoya Midco LLC, Inc., 5.65%, Jun 27, 2024 2,998 2,998 3.73%, Jan 23, 2025 7,749 7,727 USD 1,590,000 HUB International Ltd., USD 845,000 GS Mortgage Securities Corp. Trust 5.37%, Apr 25, 2025 2,000 2,081 2018-CHILL, USD 2,530,000 Huntington Bancshares, Inc., FRN 3.94%, Feb 15, 2037 1,060 1,113 5.70%, Dec 31, 2049 3,227 3,299

The accompanying notes are an integral part of the financial statements.

114 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) AUD 3,350,000 Intel Corp., USD 887,933 Merrill Lynch Mortgage Investors 4.00%, Dec 01, 2022 3,219 3,385 Trust Series 2005-2, GBP 2,075,000 International Business Machines 2.66%, Oct 25, 2035 950 1,182 Corp., USD 2,087,217 Merrill Lynch Mortgage Investors 2.75%, Dec 21, 2020 4,118 3,733 Trust Series 2005-A8, GBP 1,105,000 International Business Machines 1.50%, Aug 25, 2036 2,652 2,725 Corp., USD 127,656 Merrill Lynch Mortgage Investors 2.63%, Aug 05, 2022 2,149 2,006 Trust Series MLCC 2004-1, USD 708,225 IRB Holding Corp., 3.13%, Dec 25, 2034 133 170 4.94%, Jan 18, 2025 880 934 USD 164,337 Merrill Lynch Mortgage Investors USD 841,000 Iron Mountain, Inc., Trust Series MLCC 2006-3, 4.88%, Sep 15, 2027 1,081 1,025 4.25%, Oct 25, 2036 155 215 USD 1,455,000 JP Morgan Chase Commerical USD 318,723 Merrill Lynch Mortgage Investors Mortgage Securities Corp, Trust Series MLMI 2005-A2, 4.38%, Jul 05, 2031 1,977 1,977 2.97%, Feb 25, 2035 348 437 USD 218,482 JP Morgan Mortgage Trust 2007-A1, USD 3,725,000 Metro Goldwyn Mayer, Inc., 3.68%, Jul 25, 2035 277 294 6.84%, Jun 29, 2026 4,851 4,851 NZD 4,045,000 JPMorgan Chase & Co., USD 2,490,000 Microchip Technology Inc, 4.25%, Nov 02, 2018 3,607 3,622 4.33%, Jun 01, 2023 3,213 3,285 EUR 1,745,000 JPMorgan Chase & Co., USD 3,450,000 Microchip Technology Inc, 2.75%, Aug 24, 2022 2,949 2,931 4.31%, May 29, 2025 4,504 4,539 USD 6,750,000 JPMorgan Chase & Co., FRN USD 2,208,608 Micron Technology, Inc., 2.84%, May 15, 2047 7,307 7,891 4.10%, Apr 26, 2022 2,867 2,917 USD 7,543,932 KFC Holding Co., EUR 2,395,000 Molson Coors Brewing Co., 4.07%, Mar 29, 2025 9,773 9,846 1.25%, Jul 15, 2024 3,612 3,663 USD 5,453,000 KFC Holding Co. / Pizza Hut USD 2,345,000 Morgan Stanley Capital I Trust Holdings LLC / Taco Bell of 2014-150E, Class D America LLC, 4.30%, Sep 09, 2032 3,149 3,070 5.00%, Jun 01, 2024 7,314 7,099 USD 1,620,000 Morgan Stanley Capital I Trust USD 5,658,000 KFC Holding Co. / Pizza Hut 2014-150E, Class F Holdings LLC / Taco Bell of 4.30%, Sep 09, 2032 1,634 2,049 America LLC, USD 1,995,000 Morgan Stanley Capital I Trust 5.25%, Jun 01, 2026 7,370 7,350 2017-CLS, USD 4,115,000 Kraft Heinz Foods Co., 3.20%, Nov 15, 2034 2,546 2,626 4.88%, Feb 15, 2025 5,477 5,524 USD 120,411 Morgan Stanley Mortgage Loan USD 461,000 Lamar Media Corp., Trust 2004-8AR, 5.00%, May 01, 2023 559 618 3.40%, Oct 25, 2034 113 162 USD 1,780,000 LIN Television Corp., USD 2,050,000 Motorola Solutions, Inc., 5.88%, Nov 15, 2022 2,024 2,400 4.60%, Feb 23, 2028 2,598 2,687 USD 3,885,000 Lions Gate Capital Holdings LLC, USD 3,710,000 Murphy Oil Corp., 5.88%, Nov 01, 2024 5,233 5,198 6.88%, Aug 15, 2024 5,006 5,137 USD 1,090,000 Live Nation Entertainment, Inc., USD 2,615,000 MVW Owner Trust 2018-1, 5.63%, Mar 15, 2026 1,423 1,427 3.45%, Jan 21, 2036 3,470 3,442 USD 4,200,000 M&T Bank Corp., USD 2,032,151 Nationstar Home Equity Loan Trust 5.13%, Dec 31, 2049 5,665 5,497 2006-B, USD 982,389 McGraw-Hill Global Education 1.51%, Sep 25, 2036 2,408 2,670 Holdings LLC, USD 2,960,000 Navient Private Education Refi Loan 5.65%, May 02, 2022 1,317 1,267 Trust 2018-A, USD 1,452,000 Mercury General Corp., 3.19%, Feb 18, 2042 3,728 3,860 4.40%, Mar 15, 2027 1,936 1,861 GBP 1,495,000 Nestlé Holdings, Inc., USD 2,957,588 Meredith Corp., 1.75%, Dec 09, 2020 3,084 2,634 4.90%, Jan 18, 2025 3,678 3,894 EUR 3,840,000 Netflix Inc, USD 5,115,000 Meredith Corp., 3.63%, May 15, 2027 5,971 5,794 6.88%, Feb 01, 2026 6,496 6,653

The accompanying notes are an integral part of the financial statements.

115 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 6,845,000 Netflix, Inc., USD 1,584,000 Plains All American Pipeline LP/PAA 4.88%, Apr 15, 2028 8,508 8,594 Finance Corp., USD 1,800,000 New Century Home Equity Loan 4.65%, Oct 15, 2025 2,054 2,080 Trust 2005-1, USD 4,353,015 Post Holdings, Inc., 0.84%, Mar 25, 2035 2,101 2,373 4.33%, May 24, 2024 5,698 5,700 USD 912,979 New Century Home Equity Loan USD 7,110,000 Post Holdings, Inc., Trust 2005-2, 5.00%, Aug 15, 2026 9,174 8,745 1.91%, Jun 25, 2035 1,033 1,205 USD 3,380,000 Post Holdings, Inc., USD 1,949,355 New Residential Mortgage Loan 5.75%, Mar 01, 2027 4,464 4,324 Trust 2017-5, USD 1,235,000 Post Holdings, Inc., 2.73%, Jun 25, 2057 2,479 2,645 5.63%, Jan 15, 2028 1,582 1,529 USD 6,075,000 Newfield Exploration Co., USD 2,440,000 Project Deep Blue Holdings LLC, 5.63%, Jul 01, 2024 8,353 8,461 5.06%, Jan 11, 2025 3,071 3,202 USD 3,920,000 Newfield Exploration Co., USD 991,000 QVC, Inc., 5.38%, Jan 01, 2026 5,266 5,298 4.45%, Feb 15, 2025 1,081 1,262 USD 3,629,000 Nexstar Escrow Corp., USD 2,982,406 Rackspace Hosting, Inc., 5.63%, Aug 01, 2024 4,791 4,631 5.34%, Nov 03, 2023 3,790 3,880 USD 3,510,000 NextEra Energy Operating USD 3,196,487 Realogy Group LLC, Partners LP, 4.60%, Feb 08, 2025 4,053 4,201 4.25%, Sep 15, 2024 4,366 4,456 USD 2,320,000 Redwood Trust Inc, USD 3,440,000 NextEra Energy Operating 5.63%, Jul 15, 2024 3,071 3,027 Partners LP, USD 2,240,000 Regions Bank, 4.50%, Sep 15, 2027 4,276 4,248 6.45%, Jun 26, 2037 3,200 3,492 USD 5,250,000 NextEra Energy Partners LP, USD 935,000 Regions Financial Corp., 1.50%, Sep 15, 2020 6,456 7,054 7.38%, Dec 10, 2037 1,332 1,585 USD 3,165,000 Nissan Auto Receivables 2015-B USD 6,355,000 SBA Communications Corp., Owner Trust, 4.88%, Sep 01, 2024 8,201 8,017 1.79%, Jan 17, 2022 3,939 4,124 USD 6,027,692 SBA Senior Finance II LLC, USD 870,000 Novellus Systems, Inc., 4.34%, Apr 11, 2025 7,646 7,887 2.63%, May 15, 2041 6,218 5,943 USD 1,505,000 SBA Tower Trust, USD 3,610,000 NRG Energy, Inc., 3.45%, Mar 15, 2023 1,888 1,969 6.63%, Jan 15, 2027 4,702 4,903 USD 3,895,000 Sealed Air Corp., USD 5,620,000 NRG Energy Inc, 6.50%, Dec 01, 2020 4,691 5,393 2.75%, Jun 01, 2048 7,203 7,159 USD 2,265,000 Sealed Air Corp., USD 3,295,000 Oasis Petroleum Inc, 4.88%, Dec 01, 2022 2,577 3,020 2.63%, Sep 15, 2023 5,282 5,635 USD 3,860,000 Sealed Air Corp., USD 5,215,000 Occidental Petroleum Corp., 5.13%, Dec 01, 2024 4,780 5,141 3.50%, Jun 15, 2025 6,688 6,810 USD 4,360,000 Sealed Air Corp., USD 1,605,000 Olympic Tower 2017-OT Mortgage 5.50%, Sep 15, 2025 6,117 5,907 Trust, USD 990,000 Service Corp. International, 3.57%, May 10, 2039 2,268 2,083 4.63%, Dec 15, 2027 1,256 1,233 USD 1,160,000 Olympic Tower 2017-OT Mortgage USD 1,455,000 SFAVE Commercial Mortgage Trust, Securities Trust 2015-5AVE, 4.08%, May 10, 2039 1,589 1,477 4.39%, Jan 05, 2035 1,712 1,585 USD 434,363 Opteum Mortgage Acceptance Corp. USD 2,455,000 Sinclair Television Group, Inc., Trust 2005-4, 5.63%, Aug 01, 2024 3,176 3,213 1.54%, Nov 25, 2035 433 568 USD 3,515,000 Sinclair Television Group, Inc., USD 2,470,000 Parsley Energy LLC / Parsley Finance 4.86%, Jan 31, 2025 4,515 4,615 Corp., USD 3,980,000 Sirius XM Radio, Inc., 5.38%, Jan 15, 2025 3,288 3,241 5.38%, Jul 15, 2026 5,272 5,052 USD 5,830,000 Pioneer Natural Resources Co., USD 4,050,000 Sirius XM Radio, Inc., 4.45%, Jan 15, 2026 7,689 7,910 5.00%, Aug 01, 2027 5,273 5,015 USD 3,610,000 Southern Copper Corp., 3.88%, Apr 23, 2025 4,728 4,692

The accompanying notes are an integral part of the financial statements.

116 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 2,240,000 Sprint Communications, Inc., USD 3,321,000 Trimble Inc, 9.00%, Nov 15, 2018 2,970 3,009 4.90%, Jun 15, 2028 4,354 4,369 USD 4,359,812 Sprint Communications, Inc., USD 2,866,500 Triton Container Finance V LLC, 4.19%, Feb 02, 2024 5,679 5,717 3.95%, Mar 20, 2043 3,705 3,761 USD 2,326,058 SS&C Technologies, Inc., USD 3,220,000 Tyson Foods, Inc., 4.86%, Apr 16, 2025 2,981 3,064 3.95%, Aug 15, 2024 4,531 4,233 USD 1,628,000 St Jude Medical, Inc., USD 3,545,000 U.S. Bancorp, 4.75%, Apr 15, 2043 2,285 1,956 5.13%, Dec 31, 2049 4,917 4,791 USD 3,740,000 Stifel Financial Corp., USD 1,545,000 Uber Technologies, Inc., 3.50%, Dec 01, 2020 4,977 4,930 6.33%, Mar 22, 2025 1,988 2,042 USD 3,295,000 Stifel Financial Corp., USD 2,778,959 United Airlines Inc, 4.25%, Jul 18, 2024 4,384 4,324 4.08%, Apr 01, 2024 3,581 3,624 USD 814,640 Structured Asset Investment Loan USD 4,395,000 United Rentals North America, Inc., Trust 2005-1, 4.63%, Jul 15, 2023 5,827 5,789 0.88%, Feb 25, 2035 863 1,076 USD 4,450,000 United Rentals North America, Inc., USD 206,993 Structured Asset Securities Corp., 5.50%, May 15, 2027 6,007 5,693 3.29%, Dec 25, 2033 202 271 USD 3,710,000 United Rentals North America, Inc., USD 1,975,000 SunTrust Preferred Capital I, 4.88%, Jan 15, 2028 4,628 4,531 4.00%, Dec 31, 2049 1,627 2,264 EUR 1,900,000 US Bancorp, USD 3,275,000 Synovus Financial Corp., 0.85%, Jun 07, 2024 2,903 2,920 3.13%, Nov 01, 2022 4,176 4,120 USD 1,035,000 USA Compression Partners LP / USA USD 4,180,000 Synovus Financial Corp., Compression Finance Corp., 5.75%, Dec 15, 2025 5,587 5,705 6.88%, Apr 01, 2026 1,329 1,414 USD 5,767,175 Taco Bell Funding LLC, USD 10,561,000 USB Capital IX, 4.97%, May 25, 2046 7,416 7,842 3.50%, Dec 31, 2049 11,604 12,607 USD 2,895,000 Targa Resources Partners LP / Targa USD 2,486,213 USI, Inc., Resources Partners Finance Corp., 4.69%, May 16, 2024 3,131 3,255 5.88%, Apr 15, 2026 3,816 3,842 USD 1,081,383 Vantage Data Centers Issuer LLC, USD 4,495,000 The ADT Corp., 4.07%, Feb 16, 2043 1,364 1,425 3.50%, Jul 15, 2022 5,779 5,564 USD 5,778,826 Vantiv LLC, USD 2,670,000 The Edelman Financial Group, 4.09%, Aug 20, 2024 7,695 7,583 5.59%, Jun 26, 2025 3,536 3,512 AUD 2,510,000 Verizon Communications, Inc., USD 8,965,000 The Goldman Sachs Group, Inc., FRN 3.50%, Feb 17, 2023 2,507 2,447 2.56%, Feb 23, 2023 11,148 11,756 USD 1,380,000 Verizon Owner Trust 2016-1, EUR 4,594,000 The Goldman Sachs Group, Inc., 1.42%, Jan 20, 2021 1,689 1,806 1.38%, May 15, 2024 7,212 7,137 USD 2,216,000 Viacom, Inc., USD 428,000 The PNC Financial Services Group, 5.85%, Sep 01, 2043 3,138 2,923 Inc., USD 2,400,000 VNO Mortgage Trust, 4.85%, Dec 31, 2049 520 559 4.03%, Jan 10, 2035 3,066 3,065 USD 7,152,390 The ServiceMaster Co. LLC, USD 14,249,000 Wachovia Capital Trust III, 4.15%, Nov 08, 2023 9,411 9,405 5.57%, Dec 31, 2049 16,481 18,510 USD 4,265,000 The Williams Cos., Inc., USD 2,650,000 Walgreens Boots Alliance, Inc., 4.55%, Jun 24, 2024 5,879 5,638 3.30%, Nov 18, 2021 3,323 3,467 EUR 2,095,000 Thermo Fisher Scientific, Inc., USD 557,407 WaMu Mortgage Pass-Through 0.75%, Sep 12, 2024 3,148 3,170 Certificates Series 2004-AR14, USD 2,930,075 Towd Point Mortgage Trust 2017-3, 2.92%, Jan 25, 2035 617 753 2.75%, Jun 25, 2057 3,776 3,787 USD 470,929 WaMu Mortgage Pass-Through USD 2,725,000 Towd Point Mortgage Trust 2018-3, Certificates Series 2005-AR2 Trust, 3.75%, May 25, 2058 3,636 3,586 1.60%, Jan 25, 2045 434 616 USD 5,165,000 Transcontinental Gas Pipe Line Co. USD 317,186 WaMu Mortgage Pass-Through LLC, Certificates Series 2005-AR2 Trust, 7.85%, Feb 01, 2026 8,587 8,246 1.61%, Jan 25, 2045 297 416 USD 1,310,000 Tribune Media Co., 5.88%, Jul 15, 2022 1,782 1,748

The accompanying notes are an integral part of the financial statements.

117 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 953,097 WaMu Mortgage Pass-Through MXN 188,797,000 Mexican Bonos, Certificates Series 2005-AR6 Trust, 6.50%, Jun 10, 2021 14,067 12,245 1.46%, Apr 25, 2045 980 1,252 MXN 251,010,000 Mexican Bonos, USD 809,150 WaMu Mortgage Pass-Through 8.00%, Dec 07, 2023 19,333 17,053 Certificates Series 2005-AR8 Trust, MXN 169,409,000 Mexican Bonos, 1.59%, Jul 25, 2045 884 1,060 10.00%, Dec 05, 2024 16,780 12,743 USD 342,798 WaMu Mortgage Pass-Through MXN 177,936,500 Mexican Bonos, Certificates Series 2005-AR8 Trust, 7.75%, May 29, 2031 13,252 12,037 1.65%, Jul 25, 2045 323 452 USD 7,172,000 Mexico City Airport Trust, USD 3,410,000 Wand Merger Corp, 4.25%, Oct 31, 2026 9,552 8,927 8.13%, Jul 15, 2023 4,523 4,564 USD 9,600,000 Mexico City Airport Trust, AUD 2,115,000 Wells Fargo & Co., 3.88%, Apr 30, 2028 11,694 11,527 3.37%, Jul 27, 2021 2,063 2,075 USD 4,285,000 Mexico City Airport Trust, USD 150,558 Wells Fargo Mortgage Backed 5.50%, Oct 31, 2046 5,543 4,987 Securities 2004-Z Trust, USD 21,700,000 Mexico City Airport Trust, 3.00%, Dec 25, 2034 146 202 5.50%, Jul 31, 2047 26,322 25,577 USD 661,883 Wells Fargo Mortgage Backed USD 4,405,000 Mexico Government International Securities 2005-AR10 Trust, Bond, 3.31%, Jun 25, 2035 754 919 4.60%, Jan 23, 2046 5,532 5,345 USD 4,920,850 Wendys Funding LLC 2015-1, USD 3,095,000 Petroleos Mexicanos, 4.08%, Jun 15, 2045 6,026 6,560 6.00%, Mar 05, 2020 3,898 4,209 USD 1,611,900 Wendys Funding LLC 2018-1, MXN 50,552,000 Petroleos Mexicanos, 3.57%, Mar 15, 2048 2,058 2,065 7.65%, Nov 24, 2021 4,076 3,236 USD 2,356,018 West Corp., USD 6,015,000 Petroleos Mexicanos, 5.65%, Oct 03, 2024 2,917 3,093 4.63%, Sep 21, 2023 7,879 7,821 USD 4,465,000 Williams Partners LP, MXN 40,480,000 Petroleos Mexicanos, 3.75%, Jun 15, 2027 6,028 5,556 7.19%, Sep 12, 2024 2,341 2,384 USD 3,485,000 WMG Acquisition Corp., USD 2,290,000 Trust F/1401, 4.45%, Nov 01, 2023 4,528 4,557 5.25%, Dec 15, 2024 2,536 2,982 USD 290,000 WPX Energy, Inc., 162,854 148,589 6.00%, Jan 15, 2022 386 399 USD 3,580,000 WPX Energy, Inc., Canada 4.9% USD 5,651,380 1011778 B.C. Unlimited Liability 5.75%, Jun 01, 2026 4,612 4,714 USD 1,310,000 Wyndham Destinations, Inc., Co., 4.57%, May 31, 2025 1,685 1,716 4.58%, Feb 17, 2024 7,372 7,412 USD 4,475,000 Wyndham Hotels & Resorts, Inc., USD 6,080,000 1011778 BC ULC / New Red 4.07%, May 30, 2025 5,808 5,885 Finance, Inc., USD 4,035,297 Zebra Technologies Corp., 4.63%, Jan 15, 2022 7,619 8,018 4.07%, Oct 27, 2021 5,256 5,309 USD 3,940,000 1011778 BC ULC / New Red USD 2,325,000 Zions Bancorporation, Finance, Inc., 5.80%, Dec 31, 2049 2,401 3,035 4.25%, May 15, 2024 5,401 4,924 USD 5,520,000 1011778 BC ULC / New Red 1,349,372 1,382,662 Finance, Inc., Mexico 5.6% 5.00%, Oct 15, 2025 6,957 6,907 MXN 52,950,000 America Movil SAB de CV, AUD 5,820,000 Bank of Montreal, 7.13%, Dec 09, 2024 4,349 3,305 3.25%, Oct 06, 2022 5,646 5,675 USD 2,785,000 Banco Nacional de Comercio 1,875,000 Canada Housing Trust No. 1, Exterior SNC, 1.25%, Dec 15, 2020 1,865 1,837 4.38%, Oct 14, 2025 3,630 3,576 1,875,000 Canada Housing Trust No. 1, MXN 87,603,000 Mexican Bonos, 3.35%, Dec 15, 2020 2,003 1,930 8.50%, Dec 13, 2018 6,859 5,880 23,080,000 Canadian Government Bond, MXN 70,611,000 Mexican Bonos, 1.25%, Feb 01, 2020 22,834 22,852 8.00%, Jun 11, 2020 5,211 4,755 USD 841,500 DHX Media Ltd., 6.09%, Dec 22, 2023 1,108 1,107

The accompanying notes are an integral part of the financial statements.

118 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 7,860,000 Emera, Inc., IDR 154,229,000,000 Indonesia Treasury Bond, 6.75%, Jun 15, 2076 11,059 10,805 6.13%, May 15, 2028 13,838 12,636 USD 3,175,000 Enbridge, Inc., IDR 21,691,000,000 Indonesia Treasury Bond, 4.00%, Oct 01, 2023 4,261 4,195 9.00%, Mar 15, 2029 2,401 2,127 USD 3,954,000 Enbridge, Inc., FRN IDR 40,966,000,000 Indonesia Treasury Bond, 6.00%, Jan 15, 2077 5,198 4,915 8.75%, May 15, 2031 4,546 3,939 NZD 2,850,000 Export Development Canada, IDR 31,607,000,000 Indonesia Treasury Bond, 4.88%, Jan 24, 2019 2,587 2,577 7.50%, Aug 15, 2032 3,201 2,735 AUD 4,665,000 Export Development Canada, IDR 76,220,000,000 Indonesia Treasury Bond, 2.40%, Jun 07, 2021 4,555 4,531 6.63%, May 15, 2033 6,807 6,105 GBP 2,445,000 Export Development Canada, IDR 65,079,000,000 Indonesia Treasury Bond, 0.88%, Dec 07, 2021 3,947 4,216 7.50%, May 15, 2038 6,286 5,601 1,115,000 Ford Auto Securitization Trust, USD 2,060,000 Pelabuhan Indonesia II PT, 2.71%, Sep 15, 2023 1,115 1,110 4.25%, May 05, 2025 2,615 2,595 USD 1,082,287 Lions Gate Entertainment Corp., USD 2,020,000 Pertamina Persero PT, 4.59%, Mar 24, 2025 1,416 1,421 4.30%, May 20, 2023 2,792 2,629 USD 4,465,000 MDC Partners, Inc., USD 3,415,000 Perusahaan Listrik Negara PT, 6.50%, May 01, 2024 5,616 5,125 5.45%, May 21, 2028 4,384 4,580 GBP 4,105,000 Province of Alberta, 100,876 92,143 1.00%, Nov 15, 2021 6,751 7,062 EUR 6,275,000 Province of Alberta, Supranational 2.7% 0.63%, Apr 18, 2025 9,737 9,695 NZD 2,785,000 Asian Development Bank, INR 101,400,000 Province of British Columbia, 4.63%, Mar 06, 2019 2,538 2,522 6.60%, Jan 09, 2020 2,055 1,918 INR 58,210,000 Asian Development Bank, 6,406,000 Province of Ontario, 6.95%, Jan 16, 2020 1,157 1,108 4.40%, Jun 02, 2019 6,735 6,553 INR 305,560,000 Asian Development Bank, USD 1,060,000 Province of Ontario, 6.45%, Aug 08, 2021 5,977 5,684 1.65%, Sep 27, 2019 1,033 1,378 AUD 2,065,000 Asian Development Bank, 2,485,000 Province of Ontario, 5.00%, Mar 09, 2022 2,187 2,181 4.20%, Jun 02, 2020 2,704 2,581 INR 254,180,000 Asian Development Bank, 3,208,000 Province of Quebec, 5.90%, Dec 20, 2022 5,143 4,565 4.50%, Dec 01, 2018 3,315 3,246 IDR 27,640,000,000 European Bank for Reconstruction & Development, 132,889 131,990 7.38%, Apr 15, 2019 2,530 2,515 Indonesia 3.4% NOK 24,600,000 European Investment Bank, USD 1,650,000 Indonesia Government International 1.50%, May 12, 2022 3,970 3,980 Bond, AUD 2,400,000 Inter-American Development Bank, 5.88%, Jan 15, 2024 2,298 2,328 3.75%, Oct 09, 2018 2,339 2,343 EUR 1,985,000 Indonesia Government International AUD 2,935,000 Inter-American Development Bank, Bond, 6.50%, Aug 20, 2019 3,394 2,990 2.15%, Jul 18, 2024 2,923 3,076 NZD 3,290,000 Inter-American Development Bank, IDR 68,324,000,000 Indonesia Treasury Bond, 3.50%, May 15, 2021 2,967 3,011 8.25%, Jul 15, 2021 6,864 6,399 INR 149,900,000 International Bank for IDR 110,770,000,000 Indonesia Treasury Bond, Reconstruction & Development, 7.00%, May 15, 2022 11,045 9,985 5.75%, Oct 28, 2019 3,209 2,819 IDR 36,488,000,000 Indonesia Treasury Bond, AUD 4,125,000 International Bank for 5.63%, May 15, 2023 3,260 3,098 Reconstruction & Development, IDR 47,720,000,000 Indonesia Treasury Bond, 2.50%, Mar 12, 2020 4,066 4,025 8.38%, Mar 15, 2024 4,975 4,497 NOK 8,280,000 International Bank for IDR 93,037,000,000 Indonesia Treasury Bond, Reconstruction & Development, 8.38%, Sep 15, 2026 10,055 8,733 3.63%, Jun 22, 2020 1,505 1,397 IDR 128,105,000,000 Indonesia Treasury Bond, AUD 2,540,000 International Bank for 7.00%, May 15, 2027 12,586 11,080 Reconstruction & Development, 2.80%, Jan 13, 2021 2,549 2,494

The accompanying notes are an integral part of the financial statements.

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NZD 5,330,000 International Bank for New Zealand 1.8% Reconstruction & Development, NZD 9,555,000 New Zealand Government Bond, 3.50%, Jan 22, 2021 4,972 4,873 3.00%, Apr 15, 2020 8,560 8,688 NZD 5,475,000 International Bank for NZD 17,475,000 New Zealand Government Bond, Reconstruction & Development, 6.00%,May 15, 2021 18,133 17,324 4.63%, Oct 06, 2021 5,056 5,189 NZD 17,560,000 New Zealand Government Bond, NZD 3,675,000 International Bank for 5.50%, Apr 15, 2023 18,308 18,009 Reconstruction & Development, NZD 1,668,000 New Zealand Local Government 3.38%, Jan 25, 2022 3,325 3,356 Funding Agency Ltd., NZD 7,405,000 International Finance Corporation, 2.75%, Apr 14, 2022 1,557 1,495 3.63%, May 20, 2020 6,756 6,756 NZD 4,275,000 New Zealand Local Government NOK 23,050,000 Nordic Investment Bank, Funding Agency Ltd., 1.38%, Jul 15, 2020 3,592 3,731 2.75%, Apr 15, 2025 3,551 3,686 NZD 4,405,000 Nordic Investment Bank, 50,109 49,202 4.13%, Sep 19, 2020 4,291 4,044 AUD 2,575,000 Nordic Investment Bank, Netherlands 1.8% 5.00%, Apr 19, 2022 2,903 2,725 EUR 2,625,000 Bank Nederlandse Gemeenten NV, 0.25%, Feb 22, 2023 4,024 4,081 74,426 72,308 EUR 2,595,000 Bank Nederlandse Gemeenten NV, Ireland 2.1% 0.25%, Jun 07, 2024 3,949 3,995 EUR 17,800,000 Ireland Government Bond, EUR 4,400,000 Bayer Capital Corp. BV, 3.90%, Mar 20, 2023 32,374 32,502 5.63%, Nov 22, 2019 6,627 7,218 EUR 13,141,000 Ireland Government Bond, USD 2,910,000 Cimpress NV, 3.40%, Mar 18, 2024 23,915 23,971 7.00%, Jun 15, 2026 3,770 3,928 EUR 2,200,000 Darling Global Finance BV, 56,289 56,473 3.63%, May 15, 2026 3,385 3,394 Australia 2.1% USD 2,395,000 Greenko Dutch BV, EUR 2,841,000 Australia & New Zealand Banking 5.25%, Jul 24, 2024 3,028 2,892 Group Ltd., USD 5,345,000 NXP BV / NXP Funding LLC, 0.63%, Feb 21, 2023 4,421 4,379 4.63%, Jun 01, 2023 7,484 7,110 AUD 6,020,000 Australia Government Bond, EUR 2,650,000 Teva Pharmaceutical Finance 5.75%, Jul 15, 2022 6,747 6,658 Netherlands II BV, AUD 5,080,000 FBG Finance Pty Ltd., 4.50%, Mar 01, 2025 4,283 4,178 3.25%, Sep 06, 2022 5,026 4,970 USD 4,790,000 Teva Pharmaceutical Finance AUD 4,900,000 New South Wales Treasury Corp., Netherlands III BV, 6.00%, Mar 01, 2022 5,627 5,382 6.00%, Apr 15, 2024 6,217 6,248 AUD 6,990,000 Queensland Treasury Corp., USD 4,860,000 UPC Holding BV, 6.00%, Jul 21, 2022 8,042 7,728 5.50%, Jan 15, 2028 6,065 5,770 USD 2,345,000 Sydney Airport Finance Co. Pty Ltd., 48,832 48,814 3.63%, Apr 28, 2026 2,979 2,982 AUD 3,420,000 Telstra Corp., Ltd., Brazil 1.8% 7.75%, Jul 15, 2020 3,761 3,652 BRL 43,935,000 Brazil Notas do Tesouro Nacional, AUD 2,420,000 Telstra Corp., Ltd., Series F 2.90%, Apr 19, 2021 2,447 2,352 10.00%, Jan 01, 2021 17,538 15,245 AUD 7,845,000 Western Australia Treasury Corp., BRL 78,825,000 Brazil Notas do Tesouro Nacional, 2.75%, Oct 20, 2022 7,683 7,696 Series F AUD 5,480,000 Western Australian Treasury Corp., 10.00%, Jan 01, 2023 31,662 26,338 2.50%, Jul 23, 2024 5,246 5,253 USD 4,230,000 Natura Cosmeticos SA, GBP 490,000 Westpac Banking Corp., 5.38%, Feb 01, 2023 5,198 5,349 5.00%, Oct 21, 2019 1,055 893 54,398 46,932 AUD 4,200,000 Westpac Banking Corp., 7.25%, Feb 11, 2020 4,930 4,381 Norway 1.6% USD 4,050,000 Aker BP ASA, 57,964 56,326 5.88%, Mar 31, 2025 5,375 5,506

The accompanying notes are an integral part of the financial statements.

120 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NOK 85,655,000 Norway Government Bond, SGD 16,095,000 Singapore Government Bond, 4.50%, May 22, 2019 16,100 14,288 2.50%, Jun 01, 2019 15,262 15,629 NOK 81,575,000 Norway Government Bond, SGD 18,340,000 Singapore Government Bond, 3.75%, May 25, 2021 14,516 14,161 3.25%, Sep 01, 2020 17,412 18,171 NOK 58,690,000 Norway Government Bond, 35,891 37,136 2.00%, May 24, 2023 9,529 9,770 Germany 1.4% 45,520 43,725 NZD 4,315,000 KFW, Luxembourg 1.5% 3.75%, May 29, 2020 3,863 3,944 EUR 1,625,000 Allergan Funding SCS, NZD 3,655,000 KFW, 1.25%, Jun 01, 2024 2,449 2,448 3.38%, Feb 15, 2021 3,356 3,329 USD 4,564,000 Altice Financing SA, EUR 2,660,000 Kreditanstalt fuer Wiederaufbau, 7.50%, May 15, 2026 5,894 5,822 0.38%, Mar 15, 2023 4,118 4,171 EUR 2,310,000 European Financial Stability Facility, EUR 6,095,000 Kreditanstalt fuer Wiederaufbau, 0.50%, Jan 20, 2023 3,607 3,636 2.13%, Aug 15, 2023 10,299 10,376 EUR 3,185,000 European Financial Stability Facility, EUR 1,295,000 Kreditanstalt fuer Wiederaufbau, 1.88%, May 23, 2023 5,291 5,333 zero coupon, Sep 15, 2023 1,960 1,986 EUR 5,850,000 European Financial Stability Facility, AUD 4,890,000 Landwirtschaftliche Rentenbank, 0.13%, Oct 17, 2023 8,879 8,992 2.70%, Sep 05, 2022 4,659 4,772 USD 884,500 SS&C Technologies Holdings Europe NZD 3,545,000 Landwirtschaftliche Rentenbank, Sarl, 3.00%, Feb 13, 2023 3,196 3,172 4.86%, Apr 16, 2025 1,134 1,165 NZD 4,500,000 Landwirtschaftliche Rentenbank, BRL 37,310,000 Swiss Insured Brazil Power Finance 5.38%, Apr 23, 2024 4,628 4,483 Sarl, 36,079 36,233 9.85%, Jul 16, 2032 14,054 11,915 Malaysia 1.3% 41,308 39,311 MYR 15,768,000 Malaysia Government Bond, Philippines 1.4% 4.16%, Jul 15, 2021 5,161 5,202 PHP 255,000,000 Philippine Government Bond, MYR 6,630,000 Malaysia Government Bond, 5.88%, Dec 16, 2020 6,247 6,391 3.62%, Nov 30, 2021 2,138 2,158 PHP 194,300,000 Philippine Government Bond, MYR 44,885,000 Malaysia Government Bond, 7.38%, Mar 03, 2021 5,577 5,053 4.06%, Sep 30, 2024 13,607 14,546 PHP 354,440,000 Philippine Government Bond, MYR 9,080,000 Malaysia Government Bond, 3.50%, Mar 20, 2021 9,172 8,393 3.88%, Mar 14, 2025 3,021 2,927 PHP 129,940,000 Philippine Government Bond, MYR 10,778,000 Malaysia Government Bond, 4.00%, Jan 26, 2022 3,141 3,059 3.90%, Nov 16, 2027 3,514 3,388 PHP 178,130,000 Philippine Government Bond, MYR 6,355,000 Malaysia Government Bond, 3.50%, Apr 21, 2023 4,593 3,962 3.73%, Jun 15, 2028 2,036 1,989 PHP 109,485,000 Philippine Government Bond, MYR 19,588,000 Malaysia Government Bond, 8.00%, Jul 19, 2031 4,150 3,027 3.84%, Apr 15, 2033 5,785 5,770 PHP 20,321,000 Philippine Government Bond, 35,262 35,980 4.63%, Sep 09, 2040 559 372 PHP 163,125,000 Philippine Government International Colombia 0.8% Bond, USD 3,025,000 Colombia Government International 4.95%, Jan 15, 2021 4,126 4,007 Bond, PHP 125,000,000 Philippine Government International 4.00%, Feb 26, 2024 3,896 3,980 Bond, USD 3,420,000 Colombia Government International 6.25%, Jan 14, 2036 2,946 3,306 Bond, 4.50%, Jan 28, 2026 4,625 4,575 40,511 37,570 COP 29,072,000,000 Colombian TES, Singapore 1.4% 7.00%, May 04, 2022 13,685 13,631 USD 2,665,000 BOC Aviation Ltd., 22,206 22,186 2.75%, Sep 18, 2022 3,217 3,336

The accompanying notes are an integral part of the financial statements.

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Hungary 0.8% India 0.3% USD 8,165,000 Hungary Government International USD 3,170,000 Adani Ports & Special Economic Bond, Zone Ltd., 6.25%, Jan 29, 2020 10,925 11,250 4.00%, Jul 30, 2027 4,157 3,802 USD 7,458,000 Hungary Government International USD 2,451,000 NTPC Ltd., Bond, 4.38%, Nov 26, 2024 3,434 3,205 6.38%, Mar 29, 2021 10,235 10,498 7,591 7,007 21,160 21,748 Hong Kong 0.2% Great Britain 0.7% USD 4,065,000 CNAC HK Finbridge Co. Ltd., USD 3,885,000 HSBC Holdings PLC, 4.63%, Mar 14, 2023 5,273 5,352 6.00%, Dec 31, 2049 5,305 4,753 Chile 0.2% USD 941,000 International Game Technology PLC, EUR 3,360,000 Chile Government International 6.50%, Feb 15, 2025 1,300 1,284 Bond, GBP 165,000 Southern Gas Networks PLC, 1.44%, Feb 01, 2029 5,158 5,150 4.88%, Dec 21, 2020 336 310 USD 2,891,000 Travelport Corporate Finance PLC, France 0.2% 6.00%, Mar 15, 2026 3,721 3,841 EUR 2,216,809 Altran Technologies SA, GBP 610,000 United Kingdom Gilt, 2.75%, Mar 20, 2025 3,408 3,389 3.75%, Sep 07, 2020 1,137 1,130 EUR 795,000 Crown European Holdings SA, USD 6,235,000 Vedanta Resources PLC, 2.38%, Jan 29, 2025 1,210 1,220 6.38%, Jul 30, 2022 8,240 7,833 4,618 4,609 20,039 19,151 Marshall Islands 0.1% Portugal 0.5% USD 2,865,000 Teekay Offshore Partner LP/Teekay USD 4,390,000 Portugal Government International Offshore Finance Corp, Bond, 8.50%, Jul 15, 2023 3,814 3,816 5.13%, Oct 15, 2024 5,926 5,995 South Korea 0.1% EUR 4,385,000 Portugal Obrigacoes do Tesouro OT, KRW 104,880,000 Korea Treasury Bond Coupon Strips, 3.85%, Apr 15, 2021 7,457 7,445 zero coupon, Sep 10, 2018 96 123 13,383 13,440 INR 191,700,000 The Export-Import Bank of Korea, 6.90%, Feb 07, 2023 3,692 3,467 Sweden 0.5% EUR 7,955,000 Sweden Government International 3,788 3,590 Bond, 2,465,588 2,458,346 0.13%, Apr 24, 2023 12,061 12,321 EQUITIES 4.4% Cayman Islands 0.4% United States 4.4% USD 3,008,414 METAL 2017-1 LLC, 123,260 Becton Dickinson and Co., Preferred 4.58%, Oct 15, 2042 3,861 4,028 6.13%, Series A 8,645 10,029 USD 4,530,000 Sable International Finance Ltd., 4,030 Crown Castle International Corp., 5.62%, Jan 31, 2026 5,671 5,968 Preferred 6.88%, Series A 5,248 5,593 9,532 9,996 120,020 Dominion Resources, Inc., Preferred 6.75%, Series A 7,924 7,296 Austria 0.3% 96,800 DTE Energy Co., Preferred 6.50% 6,467 6,583 EUR 4,760,000 Republic of Austria Government 2,115 First Tennessee Bank NA, Preferred Bond, 3.75%, Series 144A 1,471 2,212 zero coupon, Jul 15, 2023 7,232 7,357 53,000 Hess Corp., Preferred 8.00% 4,130 5,254 Finland 0.3% 127,206 Kinder Morgan, Inc., Preferred EUR 4,350,000 Finland Government Bond, 9.75%, Series A 7,494 5,801 1.50%, Apr 15, 2023 7,153 7,229 4,025 M&T Bank Corp., Preferred 6.38%, Series A 4,358 5,408 193 M&T Bank Corp., Preferred 6.38%, Series C 245 259

The accompanying notes are an integral part of the financial statements.

122 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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6.12% 6,218 6,667 Bonds 60,630 NextEra Energy, Inc., Preferred United States 51.6 53.4 6.37% 4,740 5,928 Mexico 5.6 5.0 176,112 People’s United Financial, Inc., Canada 4.9 7.1 Preferred 5.63%, Series A 6,155 5,940 Indonesia 3.4 2.5 86,589 Regions Financial Corp., Preferred Supranational 2.7 3.4 6.38%, Series A 2,243 2,908 Ireland 2.1 - 38,305 Stanley Black & Decker, Inc., Australia 2.1 3.5 Preferred 5.38% 5,606 5,280 New Zealand 1.8 3.1 43,700 SunTrust Banks, Inc., Preferred Netherlands 1.8 0.9 Brazil 1.8 0.9 4.00% 997 1,420 Norway 1.6 0.8 137,505 Synovus Financial Corp., Preferred Luxembourg 1.5 - 7.88%, Series C 4,128 4,600 Philippines 1.4 1.9 143,687 The Hartford Financial Services Singapore 1.4 2.4 Group, Inc., Preferred 7.88% 4,297 5,500 Germany 1.4 0.9 10,511 U.S. Bancorp, Preferred 3.50%, Malaysia 1.3 0.6 Series A 10,543 12,915 Colombia 0.8 0.5 85,500 U.S. Bancorp, Preferred 6.50%, Hungary 0.8 - Series F 2,314 3,115 Great Britain 0.7 0.4 20,005 Wells Fargo & Co., Preferred 6.63% 616 724 Portugal 0.5 0.1 5,570 Wells Fargo & Co., Preferred 7.50%, Sweden 0.5 - Series L 9,063 9,228 Cayman Islands 0.4 0.2 114,465 Wells Fargo & Co., Preferred 5.85%, Austria 0.3 - Finland 0.3 - Series Q 3,453 3,900 India 0.3 0.3 46,635 Zions Bancorporation, Preferred Hong Kong 0.2 - 6.95% 1,429 1,758 Chile 0.2 - 107,784 118,318 France 0.2 - Marshall Islands 0.1 - Investments 2,573,372 2,576,664 South Korea 0.1 - Transaction costs - Equities United States 4.4 4.8 Total Investments 2,573,372 2,576,664 Short-Term Investments - 0.2 Derivative assets 0.2% 4,569 Derivative assets 0.2 1.8 Derivative liabilities (1.4%) (36,136) Derivative liabilities (1.4) (0.1) Other assets less liabilities 5.0% 132,752 Other assets less liabilities 5.0 5.4 100.0 100.0 Net assets attributable to unitholders 100.0% 2,677,849

The accompanying notes are an integral part of the financial statements.

123 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME POOLED FUND

FORWARD FOREIGN CURRENCY CONTRACTS (1.1%) Purchased Currency Sold Currency Value as at Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 0.06554 Sep 19, 2018 CAD 1,478 MXN 1,489 (11) Citibank N.A. A+ CAD 1.52033 Sep 19, 2018 CAD 1,319 EUR 1,338 (19) Toronto-Dominion Bank AA- CAD 0.06567 Sep 19, 2018 CAD 7,390 MXN 7,431 (41) UBS AG WARBURG A- CAD 0.06557 Sep 19, 2018 CAD 5,912 MXN 5,955 (43) JP Morgan A- CAD 0.06561 Sep 19, 2018 CAD 7,390 MXN 7,438 (48) JP Morgan A- CAD 0.06559 Sep 19, 2018 CAD 7,390 MXN 7,440 (50) Citibank N.A. A+ AUD 1.01581 Sep 19, 2018 AUD 3,884 CAD 3,938 (54) Australia and New Zealand Banking Group AA- NZD 1.09858 Sep 19, 2018 NZD 2,569 CAD 2,629 (60) Australia and New Zealand Banking Group AA- CAD 1.28528 Sep 19, 2018 CAD 3,932 USD 4,019 (87) State Street Bank and Trust Company AA- CAD 0.16051 Sep 19, 2018 CAD 33,012 NOK 33,255 (243) State Street Bank and Trust Company AA- CAD 1.29240 Sep 19, 2018 CAD 25,848 USD 26,275 (427) JP Morgan A- CAD 1.29500 Sep 19, 2018 CAD 237,533 USD 240,974 (3,441) Toronto-Dominion Bank AA- CAD 1.29100 Sep 19, 2018 CAD 345,664 USD 351,758 (6,094) Royal Bank of Canada AA- CAD 1.28736 Sep 19, 2018 CAD 344,690 USD 351,758 (7,068) State Street Bank and Trust Company AA- CAD 1.28700 Sep 19, 2018 CAD 344,593 USD 351,758 (7,165) JP Morgan A- CAD 1.28380 Sep 19, 2018 CAD 343,737 USD 351,758 (8,021) Canadian Imperial Bank of Commerce A+ Derivative liabilities (32,872) Total (28,303) FUTURES CONTRACTS (0.1%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) (887) USD 113.42 5-Year U.S. Treasury Note Future Sep 28, 2018 USD 100,778 USD 113.62 (228) (633) USD 119.55 10-Year U.S. Treasury Note Future Sep 19, 2018 USD 76,079 USD 120.19 (527) (268) USD 143.29 U.S. Treasury Long Bond Futures Sep 19, 2018 USD 38,860 USD 145.00 (601) (726) EUR 160.84 Euro Bond Future Sep 06, 2018 EUR 118,011 EUR 162.55 (1,908) Derivative liabilities (3,264)

The accompanying notes are an integral part of the financial statements.

124 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

STATEMENTS OF FINANCIAL POSITION STATEMENT OF COMPREHENSIVE INCOME As at June 30, December 31, 2018 2017 For the period ended June 30 2018 (In thousands except for per unit amounts) (Unaudited) $ $ (In thousands except for per unit amounts) (Unaudited) $

Assets Income Current assets Interest for distribution purposes 2,057 Investments, at fair value 98,266 95,357 Dividend income 132 Cash 3,735 5,105 Foreign exchange gain (loss) on income 7 Margin deposited on derivatives 590 35 Foreign exchange gain (loss) on currency 55 Subscriptions receivable 20 14 Realized gain (loss) on sales of investments (339) Realized gain (loss) on derivatives 11 Receivable from investments sold 156 203 Change in unrealized appreciation (depreciation) in the value of Interest, dividends and other receivables 968 904 investments 583 Derivative assets 173 1,815 Change in unrealized appreciation (depreciation) in the value of 103,908 103,433 derivatives (2,970) Liabilities (464) Current liabilities Expenses Payable on investments purchased 1,759 3,118 Audit fees 2 Accrued expenses and other liabilities 22 15 Interest expense & bank charges 2 Derivative liabilities 1,429 101 Unitholder reporting costs 19 3,210 3,234 Custodial fees 45 Foreign withholding taxes 43 Net assets attributable to unitholders 100,698 100,199 Transaction costs 2 Net assets attributable to unitholders per unit 113 9.91 9.97 Increase (decrease) in net assets attributable to unitholders (577) Increase (decrease) in net assets attributable to unitholders per unit (0.05)

STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the period ended June 30 (In thousands except for per unit amounts) 2018 (Unaudited)$

Net assets attributable to unitholders - beginning of period 100,199 Increase (decrease) in net assets attributable to unitholders (577) Security Transactions Proceeds from units issued 1,076

Total security transactions 1,076

Net assets attributable to unitholders - end of period 100,698

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 10,051 Units issued 109 Units issued for reinvestment of distributions - Units redeemed -

Units outstanding end of period 10,160

Signed on behalf of the Fund Manager for Manulife Asset Management Strategic Income Bernard Letendre Warren Thomson (ex Tobacco and Marijuana) Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

125 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

STATEMENT OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the period ended June 30 2018 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to unitholders (577) BONDS 93.5% Adjustments for: United States 51.9% Change in unrealized foreign exchange gain (loss) on currency 60 EUR 100,000 AbbVie, Inc., Realized gain (loss) on sales of investments 339 1.38%, May 17, 2024 155 156 Realized gain (loss) on derivatives (11) USD 215,000 AECOM, Change in unrealized appreciation (depreciation) in the value of 5.88%, Oct 15, 2024 298 294 investments (583) USD 250,000 AECOM, Change in unrealized appreciation (depreciation) in the value of 5.13%, Mar 15, 2027 323 311 derivatives 2,970 USD 180,000 Air Lease Corp., Purchases of investments (43,955) 3.88%, Dec 01, 2018 348 342 Proceeds from disposition of investments 39,989 USD 193,537 Almonde, Inc., Margin deposited on derivatives (555) 5.48%, Apr 28, 2024 245 250 Interest, dividends and other receivables (64) USD 193,534 Altice US Finance I Corp., Accrued expenses and other liabilities 7 3.90%, Jul 14, 2025 245 253 Net cash provided by (used in) operating activities (2,380) USD 193,030 American Airlines, Inc., Cash flows from financing activities 3.65%, Apr 28, 2023 246 252 Proceeds from sale of units 1,070 USD 102,000 American Axle & Manufacturing, Inc., 6.63%, Oct 15, 2022 134 138 Net cash provided by (used in) financing activities 1,070 USD 147,000 American Express Credit Account Change in unrealized foreign exchange gain (loss) on currency (60) Master Trust, Net increase (decrease) in cash (1,310) 2.04%, May 15, 2023 185 190 Cash (bank overdraft) beginning of period 5,105 USD 150,000 American Tower Corp., Cash (bank overdraft) end of period 3,735 4.00%, Jun 01, 2025 197 194 USD 200,000 Amgen, Inc., Supplemental information on cash flows from operating activities: 2.60%, Aug 19, 2026 241 238 Interest received, net of foreign withholding taxes 1,965 USD 175,000 Andeavor, Dividends received, net of foreign withholding taxes 117 5.13%, Dec 15, 2026 243 240 Interest paid 2 USD 225,000 Anheuser-Busch InBev Finance, Inc., 3.65%, Feb 01, 2026 292 290 USD 185,000 Antero Midstream Partners LP / Antero Midstream Finance Corp., 5.38%, Sep 15, 2024 244 246 USD 110,000 Antero Resources Corp., 5.63%, Jun 01, 2023 145 147 USD 115,000 Antero Resources Corp., 5.00%, Mar 01, 2025 148 151 USD 80,000 Anthem, Inc., 2.75%, Oct 15, 2042 304 344 USD 225,000 Apple, Inc., 3.20%, May 13, 2025 290 290 USD 120,000 Aramark Services, Inc., 5.13%, Jan 15, 2024 161 158 USD 195,000 Aramark Services, Inc., 4.07%, Mar 28, 2024 253 257 USD 134,863 Aramark Services, Inc., 4.09%, Mar 11, 2025 176 177 USD 150,000 Aramark Services, Inc., 5.00%, Apr 01, 2025 203 197 USD 174,099 Arroyo Mortgage Trust 2018-1, 3.76%, Apr 25, 2048 224 232 EUR 100,000 Avery Dennison Corp., 1.25%, Mar 03, 2025 155 152 USD 215,000 BAC Capital Trust XIV, 4.00%, Sep 15, 2049 249 250

The accompanying notes are an integral part of the financial statements.

126 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 110,000 Ball Corp., USD 115,000 CDK Global Inc, 4.38%, Dec 15, 2020 146 146 5.88%, Jun 15, 2026 152 155 USD 190,000 Ball Corp., USD 190,000 CDW LLC / CDW Finance Corp., 4.00%, Nov 15, 2023 246 244 5.00%, Sep 01, 2025 249 247 USD 250,000 Ball Corp., USD 175,000 Cengage Learning, Inc., 5.25%, Jul 01, 2025 345 337 5.84%, Jun 07, 2023 212 212 USD 304,000 Ball Corp., USD 124,375 CenturyLink, Inc., 4.88%, Mar 15, 2026 398 399 4.40%, Jan 31, 2025 150 161 EUR 100,000 Bank of America Corp., FRN USD 200,000 Cequel Communications Holdings I LLC 0.37%, Apr 25, 2024 156 153 / Cequel Capital Corp., USD 150,000 BankUnited, Inc., 7.50%, Apr 01, 2028 259 268 4.88%, Nov 17, 2025 203 201 USD 343,275 Charter Communications USD 110,000 BBCMS 2018-TALL Mortgage Trust, Operating LLC, 4.21%, Mar 15, 2037 143 146 3.65%, Apr 15, 2025 440 451 USD 75,000 BCP Renaissance Parent LLC, USD 400,000 Chase Issuance Trust, 5.77%, Oct 30, 2024 97 99 1.37%, Jun 15, 2021 506 520 USD 115,000 Beazer Homes USA, Inc., USD 75,000 CIT Group, Inc., 5.88%, Oct 15, 2027 146 133 5.80%, Dec 31, 2049 99 98 USD 102,222 Berry Global, Inc., USD 250,000 Citibank Credit Card Issuance Trust, 4.08%, Feb 08, 2020 133 134 1.92%, Apr 07, 2022 317 323 USD 225,000 Berry Global, Inc., USD 140,000 Citibank Credit Card Issuance Trust, 3.65%, Oct 01, 2022 287 296 2.49%, Jan 20, 2023 172 182 USD 197,340 BJ’s Wholesale Club, Inc., AUD 150,000 Citigroup, Inc., 5.19%, Jan 27, 2024 246 260 3.32%, May 04, 2021 149 148 USD 125,000 Broadcom Corp. / Broadcom Cayman USD 190,000 Citrix Systems, Inc., Finance Ltd., 4.50%, Dec 01, 2027 245 243 3.50%, Jan 15, 2028 151 150 USD 98,252 CLI Funding LLC, USD 135,000 BWAY Holdings Co., 4.03%, Apr 18, 2043 126 130 5.59%, Apr 03, 2024 178 177 USD 155,000 Cogeco Communications USA II LP, USD 45,000 BX Commercial Mortgage Trust 4.02%, Aug 11, 2024 197 203 2018-BIOA, USD 222,750 Coinstar Funding LLC Series 2017-1, 4.12%, Mar 15, 2037 58 59 5.22%, Apr 25, 2047 294 298 USD 135,656 BX Trust 2017-APPL, USD 250,000 Concho Resources, Inc., 2.63%, Jul 15, 2034 168 179 4.38%, Jan 15, 2025 332 331 USD 200,000 BXP Trust 2017-GM, USD 85,000 ConocoPhillips Co., 3.42%, Jun 13, 2039 252 251 4.95%, Mar 15, 2026 119 121 USD 200,000 Capital One Financial Corp., USD 260,000 Constellation Brands, Inc., 4.25%, Apr 30, 2025 257 263 4.25%, May 01, 2023 351 349 USD 400,000 Capital One Multi-Asset Execution USD 115,000 Cott Holdings, Inc., Trust, 5.50%, Apr 01, 2025 150 147 1.34%, Apr 15, 2022 506 519 USD 185,000 Crown Americas LLC / Crown Americas USD 100,000 Capital One Multi-Asset Execution Capital Corp. IV, Trust, 4.50%, Jan 15, 2023 244 239 2.00%, Jan 17, 2023 127 130 USD 125,000 Crown Cork & Seal Co., Inc., USD 150,000 CCO Holdings LLC / CCO Holdings 7.38%, Dec 15, 2026 188 178 Capital Corp., USD 210,000 CSC Holdings LLC, 5.75%, Jan 15, 2024 197 198 5.50%, Apr 15, 2027 262 264 USD 250,000 CCO Holdings LLC / CCO Holdings USD 315,000 CVS Health Corp., Capital Corp., Private Placement 4.10%, Mar 25, 2025 403 413 5.13%, May 01, 2027 312 309 USD 285,000 CVS Health Corp., USD 165,000 CCO Holdings LLC / CCO Holdings 4.30%, Mar 25, 2028 363 371 Capital Corp., USD 110,000 CyrusOne LP / CyrusOne Finance Corp., 5.00%, Feb 01, 2028 198 200 5.00%, Mar 15, 2024 143 145

The accompanying notes are an integral part of the financial statements.

127 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 40,000 CyrusOne LP / CyrusOne Finance Corp., USD 175,000 Fannie Mae Connecticut Avenue 5.38%, Mar 15, 2027 54 52 Securities, USD 155,000 Darling Ingredients, Inc., 4.94%, Jan 25, 2029 246 257 5.38%, Jan 15, 2022 203 207 USD 127,005 Fannie Mae Connecticut Avenue USD 83,580 DB Master Finance LLC, Securities, 3.63%, Nov 20, 2047 108 108 1.83%, Apr 25, 2029 163 169 USD 377,325 DB Master Finance LLC 2015-1, USD 126,912 Fannie Mae Connecticut Avenue 3.98%, Feb 20, 2045 489 498 Securities, USD 10,000 DCP Midstream Operating LP, 2.18%, Oct 25, 2029 162 168 3.88%, Mar 15, 2023 13 13 USD 245,000 Fifth Third Bancorp, USD 200,000 Dean Foods Co., 5.10%, Jun 30, 2023 318 318 6.50%, Mar 15, 2023 250 253 USD 340,830 First Data Corp., USD 229,037 Dell International LLC, 3.87%, Jul 10, 2022 434 447 3.65%, Sep 07, 2023 291 300 USD 110,000 First Data Corp., USD 155,000 Delta Air Lines, Inc., 5.38%, Aug 15, 2023 145 146 3.63%, Mar 15, 2022 200 202 USD 225,000 First Data Corp., USD 145,000 Diamondback Energy, Inc., 5.00%, Jan 15, 2024 296 295 5.38%, May 31, 2025 188 191 USD 113,850 FOCUS Brands Funding LLC, USD 85,000 Diamondback Energy, Inc., Private 5.09%, Apr 30, 2047 153 154 Placement USD 80,000 Ford Credit Auto Owner Trust 2016-C, 5.38%, May 31, 2025 110 112 1.22%, Mar 15, 2021 100 104 USD 200,000 Discover Card Execution Note Trust, USD 36,000 Ford Motor Co., 1.39%, Mar 15, 2022 251 259 6.63%, Oct 01, 2028 55 53 USD 110,000 Discover Financial Services, USD 173,054 Freddie Mac Structured Agency Credit 4.10%, Feb 09, 2027 138 139 Risk Debt Notes, USD 55,000 DISH Network Corp., 2.64%, Oct 25, 2028 223 230 3.38%, Aug 15, 2026 73 70 USD 232,614 Freddie Mac Structured Agency Credit USD 248,125 Domino’s Pizza Master Issuer LLC, Risk Debt Notes, 2.49%, Jul 25, 2047 317 328 3.10%, Oct 25, 2029 299 309 USD 148,875 Domino’s Pizza Master Issuer LLC, USD 229,299 Freddie Mac Structured Agency Credit 3.08%, Jul 25, 2047 190 190 Risk Debt Notes, USD 140,000 Driven Brands Funding LLC, 2.03%, Dec 25, 2029 292 303 4.74%, Apr 20, 2048 176 186 USD 90,000 FTS International, Inc., USD 170,000 E*TRADE Financial Corp., FRN 6.25%, May 01, 2022 117 120 5.88%, Dec 31, 2049 221 228 USD 225,000 GCI Liberty Inc/AK, USD 120,000 Energy Transfer Equity LP, 1.75%, Sep 30, 2046 293 306 3.60%, Feb 02, 2024 152 157 USD 260,000 General Electric Co., EUR 100,000 Equinix, Inc., 5.00%, Dec 31, 2049 341 337 2.88%, Mar 15, 2024 156 151 USD 145,000 Gentiva Health Services, Inc., USD 150,000 Equinix, Inc., 6.09%,Jul 02, 2025 191 190 5.38%, May 15, 2027 197 197 USD 250,000 GGP, Inc., USD 120,000 ESH Hospitality, Inc., 4.84%, May 07, 2025 320 324 5.25%, May 01, 2025 155 153 USD 233,229 Grifols Worldwide Operations USA, Inc., USD 180,000 Expedia, Inc., 3.73%, Jan 23, 2025 297 307 5.00%, Feb 15, 2026 245 242 USD 100,000 GS Mortgage Securities Corp. Trust USD 160,000 Expedia, Inc., 2018-CHILL, 3.80%, Feb 15, 2028 196 193 3.94%, Feb 15, 2037 125 132 USD 58,000 Fair Issac Corp, USD 153,329 HB Fuller Co., 5.25%, May 15, 2026 75 77 4.35%, Oct 20, 2024 196 200 USD 109,164 Fannie Mae Connecticut Avenue USD 150,000 HCA Healthcare, Inc., Securities, 6.25%, Feb 15, 2021 203 205 2.38%, Jan 25, 2029 140 145 USD 140,000 HCA, Inc., 7.50%, Feb 15, 2022 199 201

The accompanying notes are an integral part of the financial statements.

128 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 190,000 HCA, Inc., USD 22,000 Lamar Media Corp., 5.00%, Mar 15, 2024 252 251 5.00%, May 01, 2023 29 29 USD 75,000 HCA, Inc., USD 143,000 LIN Television Corp., 5.38%, Feb 01, 2025 97 97 5.88%, Nov 15, 2022 189 193 USD 175,000 HCA, Inc., USD 190,000 Lions Gate Capital Holdings LLC, 5.25%, Apr 15, 2025 234 231 5.88%, Nov 01, 2024 256 254 USD 115,000 HCA, Inc., USD 45,000 Live Nation Entertainment, Inc., 4.50%, Feb 15, 2027 147 143 5.63%, Mar 15, 2026 59 59 USD 75,000 Hilton Domestic Operating Co., Inc., USD 185,000 M&T Bank Corp., 4.25%, Sep 01, 2024 97 94 5.13%, Dec 31, 2049 250 242 USD 99,825 Hilton Worldwide Finance LLC, USD 72,000 Mercury General Corp., 4.10%, Oct 25, 2023 127 131 4.40%, Mar 15, 2027 94 92 USD 78,337 Honda Auto Receivables 2015-4 Owner USD 119,700 Meredith Corp., Trust, 4.90%, Jan 18, 2025 149 158 1.23%, Sep 23, 2019 100 103 USD 205,000 Meredith Corp., USD 80,000 Honda Auto Receivables 2016-1 Owner 6.88%, Feb 01, 2026 260 267 Trust, USD 140,000 Metro Goldwyn Mayer, Inc., 1.38%, Apr 18, 2022 101 104 6.84%, Jun 29, 2026 182 182 USD 114,135 Hoya Midco LLC, USD 95,000 Microchip Technology Inc, 5.65%, Jun 27, 2024 146 149 4.33%, Jun 01, 2023 123 125 USD 60,000 HUB International Ltd., USD 135,000 Microchip Technology Inc, 5.37%, Apr 25, 2025 75 79 4.31%, May 29, 2025 176 178 USD 105,000 Huntington Bancshares, Inc., FRN USD 89,771 Micron Technology, Inc., 5.70%, Dec 31, 2049 134 137 4.10%, Apr 26, 2022 117 119 AUD 140,000 Intel Corp., EUR 100,000 Molson Coors Brewing Co., 4.00%, Dec 01, 2022 143 141 1.25%, Jul 15, 2024 150 153 GBP 110,000 International Business Machines Corp., USD 85,000 Morgan Stanley Capital I Trust 2.75%, Dec 21, 2020 193 198 2017-CLS, GBP 100,000 International Business Machines Corp., 3.20%, Nov 15, 2034 108 112 2.63%, Aug 05, 2022 177 182 USD 90,000 Motorola Solutions, Inc., USD 29,925 IRB Holding Corp., 4.60%, Feb 23, 2028 114 118 4.94%, Jan 18, 2025 37 39 USD 145,000 Murphy Oil Corp., USD 17,000 Iron Mountain, Inc., 6.88%, Aug 15, 2024 196 201 4.88%, Sep 15, 2027 22 21 USD 100,000 MVW Owner Trust 2018-1, USD 55,000 JP Morgan Chase Commerical 3.45%, Jan 21, 2036 133 132 Mortgage Securities Corp, USD 120,000 Navient Private Education Refi Loan 4.38%, Jul 05, 2031 75 75 Trust 2018-A, NZD 170,000 JPMorgan Chase & Co., 3.19%, Feb 18, 2042 151 156 4.25%, Nov 02, 2018 151 152 GBP 60,000 Nestlé Holdings, Inc., EUR 100,000 JPMorgan Chase & Co., 1.75%, Dec 09, 2020 103 106 2.75%, Aug 24, 2022 169 168 EUR 100,000 Netflix Inc, USD 235,000 JPMorgan Chase & Co., FRN 3.63%, May 15, 2027 155 151 2.84%, May 15, 2047 274 275 USD 195,000 Netflix, Inc., USD 233,819 KFC Holding Co., 4.88%, Apr 15, 2028 240 245 4.07%, Mar 29, 2025 301 305 USD 260,000 Newfield Exploration Co., USD 115,000 KFC Holding Co. / Pizza Hut 5.63%, Jul 01, 2024 355 362 Holdings LLC / Taco Bell of America LLC, USD 165,000 Newfield Exploration Co., 5.00%, Jun 01, 2024 153 150 5.38%, Jan 01, 2026 222 223 USD 215,000 KFC Holding Co. / Pizza Hut USD 140,000 Nexstar Escrow Corp., Holdings LLC / Taco Bell of America LLC, 5.63%, Aug 01, 2024 180 179 5.25%, Jun 01, 2026 288 279 USD 150,000 NextEra Energy Operating Partners LP, USD 250,000 Kraft Heinz Foods Co., 4.25%, Sep 15, 2024 190 190 4.88%, Feb 15, 2025 337 336 USD 150,000 NextEra Energy Operating Partners LP, 4.50%, Sep 15, 2027 190 185

The accompanying notes are an integral part of the financial statements.

129 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 160,000 NextEra Energy Partners LP, USD 150,000 Sealed Air Corp., 1.50%, Sep 15, 2020 200 215 4.88%, Dec 01, 2022 203 200 USD 390,000 Nissan Auto Receivables 2015-B Owner USD 100,000 Sealed Air Corp., Trust, 5.13%, Dec 01, 2024 137 133 1.79%, Jan 17, 2022 498 508 USD 175,000 Sealed Air Corp., USD 20,000 Novellus Systems, Inc., 5.50%, Sep 15, 2025 248 237 2.63%, May 15, 2041 151 137 USD 40,000 Service Corp. International, USD 150,000 NRG Energy, Inc., 4.63%, Dec 15, 2027 51 50 6.63%, Jan 15, 2027 205 204 USD 150,000 SFAVE Commercial Mortgage Securities USD 140,000 NRG Energy Inc, Trust 2015-5AVE, 2.75%, Jun 01, 2048 179 178 4.39%, Jan 05, 2035 160 163 USD 125,000 Oasis Petroleum Inc, USD 115,000 Sinclair Television Group, Inc., 2.63%, Sep 15, 2023 200 214 5.63%, Aug 01, 2024 149 151 USD 200,000 Occidental Petroleum Corp., USD 150,000 Sinclair Television Group, Inc., 3.50%, Jun 15, 2025 257 261 4.86%, Jan 31, 2025 193 197 USD 150,000 Olympic Tower 2017-OT Mortgage USD 120,000 Sirius XM Radio, Inc., Trust, 5.38%, Jul 15, 2026 159 152 3.57%, May 10, 2039 197 195 USD 160,000 Sirius XM Radio, Inc., USD 110,000 Parsley Energy LLC / Parsley Finance 5.00%, Aug 01, 2027 202 198 Corp., USD 140,000 Southern Copper Corp., 5.38%, Jan 15, 2025 142 144 3.88%, Apr 23, 2025 184 182 USD 225,000 Pioneer Natural Resources Co., USD 105,000 Sprint Communications, Inc., 4.45%, Jan 15, 2026 297 305 9.00%, Nov 15, 2018 142 141 USD 63,000 Plains All American Pipeline LP/PAA USD 193,530 Sprint Communications, Inc., Finance Corp., 4.19%, Feb 02, 2024 246 254 4.65%, Oct 15, 2025 82 83 USD 97,305 SS&C Technologies, Inc., USD 168,859 Post Holdings, Inc., 4.86%, Apr 16, 2025 125 128 4.33%, May 24, 2024 216 221 USD 150,000 Stifel Financial Corp., USD 225,000 Post Holdings, Inc., 3.50%, Dec 01, 2020 195 198 5.00%, Aug 15, 2026 282 277 USD 150,000 Stifel Financial Corp., USD 150,000 Post Holdings, Inc., 4.25%, Jul 18, 2024 196 197 5.75%, Mar 01, 2027 193 192 USD 65,000 SunTrust Preferred Capital I, USD 50,000 Post Holdings, Inc., 4.00%, Dec 31, 2049 74 74 5.63%, Jan 15, 2028 64 62 USD 160,000 Synovus Financial Corp., USD 165,000 Project Deep Blue Holdings LLC, 3.13%, Nov 01, 2022 202 201 5.06%, Jan 11, 2025 209 217 USD 175,000 Synovus Financial Corp., USD 42,000 QVC, Inc., 5.75%, Dec 15, 2025 239 239 4.45%, Feb 15, 2025 54 53 USD 265,950 Taco Bell Funding LLC, USD 148,872 Rackspace Hosting, Inc., 4.97%, May 25, 2046 349 362 5.34%, Nov 03, 2023 191 194 USD 110,000 Targa Resources Partners LP / Targa USD 153,837 Realogy Group LLC, Resources Partners Finance Corp., 4.60%, Feb 08, 2025 195 202 5.88%, Apr 15, 2026 145 146 USD 90,000 Redwood Trust Inc, USD 200,000 The ADT Corp., 5.63%, Jul 15, 2024 119 117 3.50%, Jul 15, 2022 252 249 USD 80,000 Regions Financial Corp., USD 100,000 The Edelman Financial Group, 7.38%, Dec 10, 2037 139 136 5.59%, Jun 26, 2025 132 132 USD 265,000 SBA Communications Corp., USD 335,000 The Goldman Sachs Group, Inc., FRN 4.88%, Sep 01, 2024 347 334 2.56%, Feb 23, 2023 417 439 USD 193,992 SBA Senior Finance II LLC, EUR 126,000 The Goldman Sachs Group, Inc., 4.34%, Apr 11, 2025 245 254 1.38%, May 15, 2024 196 196 USD 60,000 SBA Tower Trust, USD 193,526 The ServiceMaster Co. LLC, 3.45%, Mar 15, 2023 75 78 4.15%, Nov 08, 2023 247 254 USD 175,000 Sealed Air Corp., USD 195,000 The Williams Cos., Inc., 6.50%, Dec 01, 2020 246 242 4.55%, Jun 24, 2024 257 258

The accompanying notes are an integral part of the financial statements.

130 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) EUR 100,000 Thermo Fisher Scientific, Inc., USD 130,000 Wand Merger Corp, 0.75%, Sep 12, 2024 150 151 8.13%, Jul 15, 2023 172 174 USD 167,242 Towd Point Mortgage Trust 2017-3, AUD 100,000 Wells Fargo & Co., 2.75%, Jun 25, 2057 211 216 3.37%, Jul 27, 2021 99 98 USD 105,000 Towd Point Mortgage Trust 2018-3, USD 184,775 Wendys Funding LLC 2015-1, 3.75%, May 25, 2058 140 138 4.08%, Jun 15, 2045 242 246 USD 180,000 Transcontinental Gas Pipe Line Co. LLC, USD 69,650 Wendys Funding LLC 2018-1, 7.85%, Feb 01, 2026 295 287 3.57%, Mar 15, 2048 89 89 USD 75,000 Tribune Media Co., USD 200,000 Williams Partners LP, 5.88%, Jul 15, 2022 99 100 3.75%, Jun 15, 2027 253 249 USD 70,000 Trimble Inc, USD 150,000 WMG Acquisition Corp., 4.90%, Jun 15, 2028 91 92 4.45%, Nov 01, 2023 195 196 USD 117,000 Triton Container Finance V LLC, USD 11,000 WPX Energy, Inc., 3.95%, Mar 20, 2043 151 154 6.00%, Jan 15, 2022 15 15 USD 150,000 Tyson Foods, Inc., USD 140,000 WPX Energy, Inc., 3.95%, Aug 15, 2024 200 197 5.75%, Jun 01, 2026 180 184 USD 180,000 U.S. Bancorp, USD 50,000 Wyndham Destinations, Inc., 5.13%, Dec 31, 2049 242 243 4.57%, May 31, 2025 64 65 USD 60,000 Uber Technologies, Inc., USD 175,000 Wyndham Hotels & Resorts, Inc., 6.33%, Mar 22, 2025 77 79 4.07%, May 30, 2025 227 230 USD 114,133 United Airlines Inc, USD 125,032 Zebra Technologies Corp., 4.08%, Apr 01, 2024 147 149 4.07%, Oct 27, 2021 163 164 USD 190,000 United Rentals North America, Inc., USD 110,000 Zions Bancorporation, 4.63%, Jul 15, 2023 250 250 5.80%, Dec 31, 2049 146 144 USD 150,000 United Rentals North America, Inc., 51,725 52,232 5.50%, May 15, 2027 202 192 USD 115,000 United Rentals North America, Inc., Mexico 5.8% 4.88%, Jan 15, 2028 146 140 USD 200,000 Banco Nacional de Comercio Exterior EUR 100,000 US Bancorp, SNC, 0.85%, Jun 07, 2024 153 154 4.38%, Oct 14, 2025 263 257 USD 45,000 USA Compression Partners LP / USA MXN 3,580,000 Mexican Bonos, Compression Finance Corp., 8.50%, Dec 13, 2018 242 240 6.88%, Apr 01, 2026 58 61 MXN 2,840,000 Mexican Bonos, USD 360,000 USB Capital IX, 8.00%, Jun 11, 2020 193 191 3.50%, Dec 31, 2049 412 430 MXN 5,440,000 Mexican Bonos, USD 114,138 USI, Inc., 6.50%, Jun 10, 2021 356 353 4.69%, May 16, 2024 145 149 MXN 9,910,000 Mexican Bonos, USD 39,867 Vantage Data Centers Issuer LLC, 8.00%, Dec 07, 2023 671 673 4.07%, Feb 16, 2043 50 53 MXN 6,180,000 Mexican Bonos, USD 189,525 Vantiv LLC, 10.00%, Dec 05, 2024 478 465 4.09%, Aug 20, 2024 252 249 MXN 5,660,000 Mexican Bonos, AUD 100,000 Verizon Communications, Inc., 7.75%, May 29, 2031 389 383 3.50%, Feb 17, 2023 98 97 USD 300,000 Mexico City Airport Trust, USD 120,000 Verizon Owner Trust 2016-1, 4.25%, Oct 31, 2026 390 373 1.42%, Jan 20, 2021 151 157 USD 400,000 Mexico City Airport Trust, USD 104,000 Viacom, Inc., 3.88%, Apr 30, 2028 495 480 5.85%, Sep 01, 2043 131 137 USD 275,000 Mexico City Airport Trust, USD 290,000 VNO Mortgage Trust, 5.50%, Oct 31, 2046 343 320 4.03%, Jan 10, 2035 359 370 USD 900,000 Mexico City Airport Trust, USD 561,000 Wachovia Capital Trust III, 5.50%, Jul 31, 2047 1,095 1,061 5.57%, Dec 31, 2049 716 729 USD 200,000 Mexico Government International Bond, USD 110,000 Walgreens Boots Alliance, Inc., 4.60%, Jan 23, 2046 246 243 3.30%, Nov 18, 2021 138 144 USD 150,000 Petroleos Mexicanos, 6.00%, Mar 05, 2020 203 204

The accompanying notes are an integral part of the financial statements.

131 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MXN 2,970,000 Petroleos Mexicanos, USD 80,000 Province of Ontario, 7.65%, Nov 24, 2021 192 190 1.65%, Sep 27, 2019 102 104 USD 200,000 Petroleos Mexicanos, 140,000 Province of Ontario, 4.63%, Sep 21, 2023 260 260 4.20%, Jun 02, 2020 148 145 MXN 1,660,000 Petroleos Mexicanos, 5,207 5,155 7.19%, Sep 12, 2024 96 98 Indonesia 3.8% 5,912 5,791 EUR 100,000 Indonesia Government International Canada 5.1% Bond, USD 233,225 1011778 B.C. Unlimited Liability Co., 2.15%, Jul 18, 2024 153 155 4.58%, Feb 17, 2024 297 306 IDR 2,940,000,000 Indonesia Treasury Bond, USD 175,000 1011778 BC ULC / New Red Finance, 8.25%, Jul 15, 2021 294 275 Inc., IDR 5,025,000,000 Indonesia Treasury Bond, 4.63%, Jan 15, 2022 227 231 7.00%, May 15, 2022 484 453 USD 200,000 1011778 BC ULC / New Red Finance, IDR 858,000,000 Indonesia Treasury Bond, Inc., 5.63%, May 15, 2023 76 73 4.25%, May 15, 2024 254 250 IDR 1,930,000,000 Indonesia Treasury Bond, USD 200,000 1011778 BC ULC / New Red Finance, 8.38%, Mar 15, 2024 198 182 Inc., IDR 2,395,000,000 Indonesia Treasury Bond, 5.00%, Oct 15, 2025 256 250 8.38%, Sep 15, 2026 249 225 AUD 250,000 Bank of Montreal, IDR 3,525,000,000 Indonesia Treasury Bond, 3.25%, Oct 06, 2022 245 244 7.00%, May 15, 2027 338 305 250,000 Canada Housing Trust No. 1, IDR 5,611,000,000 Indonesia Treasury Bond, 1.25%, Dec 15, 2020 246 245 6.13%, May 15, 2028 504 460 235,000 Canada Housing Trust No. 1, IDR 915,000,000 Indonesia Treasury Bond, 3.35%, Dec 15, 2020 246 242 9.00%, Mar 15, 2029 99 90 600,000 Canadian Government Bond, IDR 1,810,000,000 Indonesia Treasury Bond, 1.25%, Feb 01, 2020 594 594 8.75%, May 15, 2031 193 174 USD 370,000 Emera, Inc., IDR 1,520,000,000 Indonesia Treasury Bond, 6.75%, Jun 15, 2076 536 509 7.50%, Aug 15, 2032 148 131 USD 150,000 Enbridge, Inc., IDR 3,088,000,000 Indonesia Treasury Bond, 4.00%, Oct 01, 2023 199 198 6.63%, May 15, 2033 276 247 USD 161,000 Enbridge, Inc., FRN IDR 2,974,000,000 Indonesia Treasury Bond, 6.00%, Jan 15, 2077 212 200 7.50%, May 15, 2038 287 256 AUD 200,000 Export Development Canada, USD 200,000 Pelabuhan Indonesia II PT, 2.40%, Jun 07, 2021 195 194 4.25%, May 05, 2025 260 252 GBP 120,000 Export Development Canada, USD 200,000 Pertamina Persero PT, 0.88%, Dec 07, 2021 200 207 4.30%, May 20, 2023 266 260 150,000 Ford Auto Securitization Trust, USD 200,000 Perusahaan Listrik Negara PT, 2.71%, Sep 15, 2023 150 149 5.45%, May 21, 2028 257 268 USD 44,888 Lions Gate Entertainment Corp., 4,082 3,806 4.59%, Mar 24, 2025 59 59 USD 175,000 MDC Partners, Inc., Supranational 3.2% 6.50%, May 01, 2024 220 201 NZD 165,000 Asian Development Bank, GBP 180,000 Province of Alberta, 4.63%, Mar 06, 2019 149 149 1.00%, Nov 15, 2021 300 310 INR 4,900,000 Asian Development Bank, EUR 245,000 Province of Alberta, 6.95%, Jan 16, 2020 98 93 0.63%, Apr 18, 2025 380 379 INR 9,900,000 Asian Development Bank, 135,000 Province of Ontario, 6.45%, Aug 08, 2021 197 184 4.40%, Jun 02, 2019 141 138 AUD 95,000 Asian Development Bank, 5.00%, Mar 09, 2022 102 100 INR 10,000,000 Asian Development Bank, 5.90%, Dec 20, 2022 194 180

The accompanying notes are an integral part of the financial statements.

132 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) IDR 1,070,000,000 European Bank for Reconstruction & EUR 200,000 Teva Pharmaceutical Finance Development, Netherlands II BV, 7.38%, Apr 15, 2019 98 97 4.50%, Mar 01, 2025 323 315 NOK 1,250,000 European Investment Bank, USD 200,000 Teva Pharmaceutical Finance 1.50%, May 12, 2022 198 202 Netherlands III BV, AUD 100,000 Inter-American Development Bank, 6.00%, Apr 15, 2024 259 261 3.75%, Oct 09, 2018 99 98 USD 200,000 UPC Holding BV, AUD 140,000 Inter-American Development Bank, 5.50%, Jan 15, 2028 251 237 6.50%, Aug 20, 2019 147 143 2,232 2,194 NZD 160,000 Inter-American Development Bank, 3.50%, May 15, 2021 144 146 Australia 2.1% INR 7,650,000 International Bank for Reconstruction & EUR 112,000 Australia & New Zealand Banking Development, Group Ltd., 5.75%, Oct 28, 2019 150 144 0.63%, Feb 21, 2023 174 173 AUD 150,000 International Bank for Reconstruction & AUD 165,000 Australia Government Bond, Development, 5.75%, Jul 15, 2022 186 182 2.50%, Mar 12, 2020 147 146 AUD 200,000 FBG Finance Pty Ltd., AUD 100,000 International Bank for Reconstruction & 3.25%, Sep 06, 2022 196 196 Development, AUD 260,000 New South Wales Treasury Corp., 2.80%, Jan 13, 2021 99 98 6.00%, Mar 01, 2022 291 286 NZD 385,000 International Bank for Reconstruction & AUD 315,000 Queensland Treasury Corp., Development, 6.00%, Jul 21, 2022 354 348 3.50%, Jan 22, 2021 352 352 USD 115,000 Sydney Airport Finance Co. Pty Ltd., NZD 200,000 International Bank for Reconstruction & 3.63%, Apr 28, 2026 148 146 Development, AUD 130,000 Telstra Corp., Ltd., 4.63%, Oct 06, 2021 187 190 7.75%, Jul 15, 2020 143 139 NZD 165,000 International Bank for Reconstruction & AUD 250,000 Western Australia Treasury Corp., Development, 2.75%, Oct 20, 2022 246 245 AUD 260,000 Western Australian Treasury Corp., 3.38%, Jan 25, 2022 148 151 NZD 335,000 International Finance Corporation, 2.50%, Jul 23, 2024 247 249 AUD 100,000 Westpac Banking Corp., 3.63%, May 20, 2020 301 306 NOK 620,000 Nordic Investment Bank, 7.25%, Feb 11, 2020 108 104 1.38%, Jul 15, 2020 98 100 2,093 2,068 NZD 225,000 Nordic Investment Bank, Ireland 1.9% 4.13%, Sep 19, 2020 205 207 EUR 675,000 Ireland Government Bond, AUD 140,000 Nordic Investment Bank, 3.90%, Mar 20, 2023 1,231 1,232 5.00%, Apr 19, 2022 150 148 EUR 377,000 Ireland Government Bond, 3,263 3,234 3.40%, Mar 18, 2024 684 688 Netherlands 2.2% 1,915 1,920 EUR 105,000 Bank Nederlandse Gemeenten NV, Brazil 1.8% 0.25%, Feb 22, 2023 161 163 BRL 1,815,000 Brazil Notas do Tesouro Nacional, EUR 105,000 Bank Nederlandse Gemeenten NV, Series F 0.25%, Jun 07, 2024 160 162 10.00%, Jan 01, 2021 724 630 EUR 100,000 Bayer Capital Corp. BV, BRL 2,905,000 Brazil Notas do Tesouro Nacional, 5.63%, Nov 22, 2019 176 164 Series F USD 150,000 Cimpress NV, 10.00%, Jan 01, 2023 1,165 970 7.00%, Jun 15, 2026 194 203 USD 200,000 Natura Cosmeticos SA, EUR 100,000 Darling Global Finance BV, 5.38%, Feb 01, 2023 246 253 3.63%, May 15, 2026 157 154 USD 200,000 Greenko Dutch BV, 2,135 1,853 5.25%, Jul 24, 2024 258 242 Norway 1.7% USD 220,000 NXP BV / NXP Funding LLC, USD 150,000 Aker BP ASA, 4.63%, Jun 01, 2023 293 293 5.88%, Mar 31, 2025 201 204

The accompanying notes are an integral part of the financial statements.

133 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NOK 3,555,000 Norway Government Bond, EUR 55,000 Kreditanstalt fuer Wiederaufbau, 4.50%, May 22, 2019 588 593 zero coupon, Sep 15, 2023 83 84 NOK 3,370,000 Norway Government Bond, AUD 200,000 Landwirtschaftliche Rentenbank, 3.75%, May 25, 2021 577 585 2.70%, Sep 05, 2022 196 195 NOK 1,920,000 Norway Government Bond, NZD 145,000 Landwirtschaftliche Rentenbank, 2.00%, May 24, 2023 310 320 3.00%, Feb 13, 2023 131 130 NZD 200,000 Landwirtschaftliche Rentenbank, 1,676 1,702 5.38%, Apr 23, 2024 196 199 Philippines 1.5% PHP 24,500,000 Philippine Government Bond, 1,401 1,412 3.50%, Mar 20, 2021 598 580 New Zealand 1.4% PHP 6,040,000 Philippine Government Bond, NZD 520,000 New Zealand Government Bond, 4.00%, Jan 26, 2022 148 142 6.00%, May 15, 2021 515 516 PHP 12,670,000 Philippine Government Bond, NZD 530,000 New Zealand Government Bond, 3.50%, Apr 21, 2023 303 282 5.50%, Apr 15, 2023 537 544 PHP 12,700,000 Philippine Government Bond, NZD 63,000 New Zealand Local Government 4.13%, Aug 20, 2024 309 282 Funding Agency Ltd., PHP 9,250,000 Philippine Government Bond, 2.75%, Apr 14, 2022 59 56 8.00%, Jul 19, 2031 285 256 NZD 125,000 New Zealand Local Government 1,643 1,542 Funding Agency Ltd., 5.50%, Apr 15, 2023 122 124 Malaysia 1.4% NZD 180,000 New Zealand Local Government MYR 649,000 Malaysia Government Bond, Funding Agency Ltd., 4.16%, Jul 15, 2021 212 214 2.75%, Apr 15, 2025 150 155 MYR 270,000 Malaysia Government Bond, 3.62%, Nov 30, 2021 87 88 1,383 1,395 MYR 1,700,000 Malaysia Government Bond, Luxembourg 1.4% 4.06%, Sep 30, 2024 520 551 EUR 100,000 Allergan Funding SCS, MYR 375,000 Malaysia Government Bond, 1.25%, Jun 01, 2024 151 151 3.88%, Mar 14, 2025 125 121 EUR 95,000 European Financial Stability Facility, MYR 442,000 Malaysia Government Bond, 0.50%, Jan 20, 2023 149 149 3.90%, Nov 16, 2027 144 139 EUR 130,000 European Financial Stability Facility, MYR 255,000 Malaysia Government Bond, 1.88%, May 23, 2023 216 218 3.73%, Jun 15, 2028 82 80 EUR 240,000 European Financial Stability Facility, MYR 812,000 Malaysia Government Bond, 0.13%, Oct 17, 2023 364 369 3.84%, Apr 15, 2033 240 239 USD 34,397 SS&C Technologies Holdings Europe 1,410 1,432 Sarl, 4.86%, Apr 16, 2025 44 45 Singapore 1.4% BRL 1,450,000 Swiss Insured Brazil Power Finance Sarl, USD 200,000 BOC Aviation Ltd., 9.85%, Jul 16, 2032 546 463 2.75%, Sep 18, 2022 251 250 SGD 475,000 Singapore Government Bond, 1,470 1,395 2.50%, Jun 01, 2019 451 461 Colombia 1.0% SGD 725,000 Singapore Government Bond, USD 200,000 Colombia Government International 3.25%, Sep 01, 2020 707 719 Bond, 1,409 1,430 4.00%, Feb 26, 2024 258 263 USD 200,000 Colombia Government International Germany 1.4% Bond, NZD 225,000 KFW, 4.50%, Jan 28, 2026 269 268 3.75%, May 29, 2020 203 206 COP 984,000,000 Colombian TES, EUR 110,000 Kreditanstalt fuer Wiederaufbau, 7.00%, May 04, 2022 463 461 0.38%, Mar 15, 2023 170 172 EUR 250,000 Kreditanstalt fuer Wiederaufbau, 990 992 2.13%, Aug 15, 2023 422 426

The accompanying notes are an integral part of the financial statements.

134 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Hungary 0.9% Marshall Islands 0.1% USD 330,000 Hungary Government International USD 110,000 Teekay Offshore Partner LP/Teekay Bond, Offshore Finance Corp, 6.25%, Jan 29, 2020 442 455 8.50%, Jul 15, 2023 146 147 USD 292,000 Hungary Government International France 0.1% Bond, EUR 40,372 Altran Technologies SA, 6.38%, Mar 29, 2021 400 411 2.75%, Mar 20, 2025 62 62 842 866 EUR 35,000 Crown European Holdings SA, 2.38%, Jan 29, 2025 53 53 Great Britain 0.6% USD 200,000 HSBC Holdings PLC, 115 115 6.00%, Dec 31, 2049 266 245 94,562 94,182 USD 119,000 Travelport Corporate Finance PLC, 6.00%, Mar 15, 2026 153 158 EQUITIES 4.1% USD 200,000 Vedanta Resources PLC, United States 4.1% 6.38%, Jul 30, 2022 264 251 3,950 Becton Dickinson and Co., Preferred 6.13%, Series A 295 321 683 654 4,450 Dominion Resources, Inc., Preferred Portugal 0.5% 6.75%, Series A 294 271 USD 180,000 Portugal Government International 2,800 DTE Energy Co., Preferred 6.50% 198 190 Bond, 2,100 Hess Corp., Preferred 8.00% 164 208 5.13%, Oct 15, 2024 244 246 6,300 Kinder Morgan, Inc., Preferred 9.75%, EUR 175,000 Portugal Obrigacoes do Tesouro OT, Series A 298 287 3.85%, Apr 15, 2021 298 297 3,900 NextEra Energy, Inc., Preferred 6.12% 281 293 2,850 NextEra Energy, Inc., Preferred 6.37% 252 279 542 543 7,175 People’s United Financial, Inc., Sweden 0.5% Preferred 5.63%, Series A 250 242 EUR 325,000 Sweden Government International 4,524 Regions Financial Corp., Preferred Bond, 6.38%, Series A 146 152 0.13%, Apr 24, 2023 493 503 900 Stanley Black & Decker, Inc., Preferred India 0.5% 5.38% 136 124 USD 200,000 Adani Ports & Special Economic Zone 6,075 Synovus Financial Corp., Preferred Ltd., 7.88%, Series C 199 203 6,349 The Hartford Financial Services Group, 4.00%, Jul 30, 2027 251 240 USD 200,000 NTPC Ltd., Inc., Preferred 7.88% 241 243 280 U.S. Bancorp, Preferred 3.50%, Series A 318 344 4.38%, Nov 26, 2024 270 262 5,475 U.S. Bancorp, Preferred 6.50%, Series F 199 200 521 502 200 Wells Fargo & Co., Preferred 7.50%, Austria 0.3% Series L 338 331 EUR 190,000 Republic of Austria Government Bond, 5,725 Wells Fargo & Co., Preferred 5.85%, zero coupon, Jul 15, 2023 289 294 Series Q 198 194 5,350 Zions Bancorporation, Preferred 6.95% 199 202 Finland 0.3% EUR 175,000 Finland Government Bond, 4,006 4,084 1.50%, Apr 15, 2023 288 291 Investments 98,568 98,266 Hong Kong 0.3% Transaction costs - USD 200,000 CNAC HK Finbridge Co. Ltd., Total Investments 98,568 98,266 4.63%, Mar 14, 2023 258 263 Derivative assets 0.1% 173 Cayman Islands 0.2% Derivative liabilities (1.4%) (1,429) USD 185,000 Sable International Finance Ltd., Other assets less liabilities 3.7% 3,688 5.62%, Jan 31, 2026 232 244 Net assets attributable to Chile 0.2% unitholders 100.0% 100,698 EUR 135,000 Chile Government International Bond, 1.44%, Feb 01, 2029 207 207

The accompanying notes are an integral part of the financial statements.

135 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND MARIJUANA) POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

Bonds United States 51.9 52.6 Mexico 5.8 5.4 Canada 5.1 6.5 Indonesia 3.8 2.8 Supranational 3.2 3.5 Netherlands 2.2 1.0 Australia 2.1 3.4 Ireland 1.9 - Brazil 1.8 0.9 Norway 1.7 1.0 Philippines 1.5 2.4 Malaysia 1.4 0.7 Singapore 1.4 2.5 Germany 1.4 1.1 New Zealand 1.4 3.5 Luxembourg 1.4 - Colombia 1.0 0.6 Hungary 0.9 - Great Britain 0.6 0.5 Portugal 0.5 0.2 Sweden 0.5 - India 0.5 0.5 Austria 0.3 - Finland 0.3 - Hong Kong 0.3 - Cayman Islands 0.2 - Chile 0.2 - Marshall Islands 0.1 - France 0.1 - Belgium - 0.4 Equities United States 4.1 4.6 Short-Term Investments - 1.1 Derivative assets 0.1 1.8 Derivative liabilities (1.4) (0.1) Other assets less liabilities 3.7 3.1 100.0 100.0

The accompanying notes are an integral part of the financial statements.

136 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT STRATEGIC INCOME (EX TOBACCO AND MARIJUANA) POOLED FUND

FORWARD FOREIGN CURRENCY CONTRACTS (1.2%) Purchased Currency Sold Currency Value as at Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 0.06554 Sep 19, 2018 CAD 54 MXN 54 - Citibank N.A. A+ CAD 1.52033 Sep 19, 2018 CAD 50 EUR 51 (1) Toronto-Dominion Bank AA- AUD 1.01581 Sep 19, 2018 AUD 100 CAD 101 (1) Australia and New Zealand Banking Group AA- CAD 0.06557 Sep 19, 2018 CAD 216 MXN 218 (2) JP Morgan A- CAD 0.06559 Sep 19, 2018 CAD 270 MXN 272 (2) Citibank N.A. A+ CAD 0.06567 Sep 19, 2018 CAD 269 MXN 271 (2) UBS AG WARBURG A- CAD 0.06561 Sep 19, 2018 CAD 270 MXN 272 (2) JP Morgan A- NZD 1.09858 Sep 19, 2018 NZD 253 CAD 259 (6) Australia and New Zealand Banking Group AA- CAD 0.16051 Sep 19, 2018 CAD 1,255 NOK 1,264 (9) State Street Bank and Trust Company AA- CAD 1.28528 Sep 19, 2018 CAD 601 USD 614 (13) State Street Bank and Trust Company AA- CAD 1.29500 Sep 19, 2018 CAD 9,443 USD 9,580 (137) Toronto-Dominion Bank AA- CAD 1.29100 Sep 19, 2018 CAD 13,742 USD 13,984 (242) Royal Bank of Canada AA- CAD 1.28736 Sep 19, 2018 CAD 13,703 USD 13,984 (281) State Street Bank and Trust Company AA- CAD 1.28700 Sep 19, 2018 CAD 13,699 USD 13,984 (285) JP Morgan A- CAD 1.28380 Sep 19, 2018 CAD 13,665 USD 13,984 (319) Canadian Imperial Bank of Commerce A+ Derivative liabilities (1,302) Total (1,129) FUTURES CONTRACTS (0.1%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) (41) USD 113.42 5-Year U.S. Treasury Note Future Sep 28, 2018 USD 4,658 USD 113.62 (11) (10) USD 143.31 U.S. Treasury Long Bond Futures Sep 19, 2018 USD 1,450 USD 145.00 (22) (28) USD 119.55 10-Year U.S. Treasury Note Future Sep 19, 2018 USD 3,365 USD 120.19 (23) (28) EUR 160.89 Euro Bond Future Sep 06, 2018 EUR 4,551 EUR 162.55 (71) Derivative liabilities (127)

The accompanying notes are an integral part of the financial statements.

137 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 1,812 836 Investments, at fair value 135,330 30,022 Foreign exchange gain (loss) on income 9 7 Cash 248 238 Foreign exchange gain (loss) on currency 1 (36) Receivable from investments sold - 126 Realized gain (loss) on sales of investments 1,899 550 Interest, dividends and other receivables 1,720 403 Realized gain (loss) on derivatives 298 4 Change in unrealized appreciation (depreciation) Derivative assets - 6 in the value of investments (2,715) (202) 137,298 30,795 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives (6) 13 Current liabilities 1,298 1,172 Payable on investments purchased 1,947 - Expenses Accrued expenses and other liabilities 8 11 Audit fees 2 2 1,955 11 Transfer agent fees 1 2 Interest expense & bank charges 3 - Net assets attributable to unitholders 135,343 30,784 Unitholder reporting costs 6 1 Net assets attributable to unitholders per unit Custodial fees 3 12 9.83 9.97 Foreign withholding taxes 22 2 37 19 Increase (decrease) in net assets attributable to unitholders 1,261 1,153 Increase (decrease) in net assets attributable to unitholders per unit 0.19 0.38

Signed on behalf of the Fund Manager for Manulife Asset Management Emerging Mar- Bernard Letendre Warren Thomson kets Corporate Debt Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

138 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

Changes due to unitholder transactions(Note 4) Net cash provided by (used in) operating Units outstanding beginning of period 3,089 3,033 activities (54,734) (14) Units issued 13,815 - Cash flows from financing activities Units issued for reinvestment of distributions 57 - Proceeds from sale of units 86,446* - Units redeemed (3,194) - Payments for units redeemed (31,757) - Units outstanding end of period 13,767 3,033 Net cash provided by (used in) financing activities 54,689 - Change in unrealized foreign exchange gain (loss) on currency 55 (15) Net increase (decrease) in cash (45) (29) Cash (bank overdraft) beginning of period 238 3 Cash (bank overdraft) end of period 248 (26) Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 472 865 Dividends received, net of foreign withholding taxes 1 - Interest paid 3 - * Excludes in-kind transactions.

The accompanying notes are an integral part of the financial statements.

139 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) BONDS 79.9% Mexico 8.6% USD 200,000 YPF SA, USD 200,000 Alpek SAB de CV, 8.50%, Mar 23, 2021 283 268 4.50%, Nov 20, 2022 262 260 USD 200,000 YPF SA, MXN 9,770,000 America Movil SAB de CV, 8.75%, Apr 04, 2024 288 261 7.13%, Dec 09, 2024 611 610 USD 400,000 YPF SA, USD 200,000 Banco Nacional de Comercio Exterior SNC, 8.50%, Jul 28, 2025 573 503 4.38%, Oct 14, 2025 261 257 10,441 9,635 USD 800,000 Banco Nacional de Comercio Exterior SNC, Netherlands 6.9% 3.80%, Aug 11, 2026 1,000 1,015 USD 2,070,000 Braskem Netherlands Finance BV, USD 150,000 BBVA Bancomer SA, 4.50%, Jan 10, 2028 2,541 2,509 6.50%, Mar 10, 2021 208 206 USD 200,000 GTH Finance BV, USD 890,000 Credito Real SAB de CV SOFOM ER, 7.25%, Apr 26, 2023 265 273 7.25%, Jul 20, 2023 1,186 1,162 USD 200,000 GTH Finance BV, USD 1,000,000 Cydsa SAB de CV, 7.25%, Apr 26, 2023 283 273 6.25%, Oct 04, 2027 1,250 1,192 USD 900,000 Listrindo Capital BV, USD 750,000 Mexichem SAB de CV, 4.95%, Sep 14, 2026 1,087 1,065 6.75%, Sep 19, 2042 1,039 1,028 USD 400,000 Myriad International Holdings BV, USD 200,000 Mexichem SAB de CV, 5.50%, Jul 21, 2025 559 543 5.88%, Sep 17, 2044 237 243 USD 300,000 Myriad International Holdings BV, USD 300,000 Mexico City Airport Trust, 4.85%, Jul 06, 2027 380 387 3.88%, Apr 30, 2028 346 360 USD 1,567,000 Petrobras Global Finance BV, USD 1,280,000 Mexico City Airport Trust, 6.85%, Jun 05, 2115 1,849 1,740 5.50%, Oct 31, 2046 1,489 1,490 USD 300,000 VEON Holdings BV, USD 200,000 Mexico City Airport Trust, 7.50%, Mar 01, 2022 409 422 5.50%, Jul 31, 2047 243 236 USD 1,700,000 VEON Holdings BV, USD 1,270,000 Petroleos Mexicanos, 4.95%, Jun 16, 2024 2,081 2,120 6.63%, Jun 15, 2035 1,635 1,639 USD 250,000 Trust F/1401, 9,454 9,332 5.25%, Dec 15, 2024 322 326 Peru 6.7% USD 1,250,000 Trust F/1401, USD 743,325 ABY Transmision Sur SA, 6.95%, Jan 30, 2044 1,634 1,620 6.88%, Apr 30, 2043 1,026 1,065 11,723 11,644 USD 500,000 Banco de Credito del Peru, 4.25%, Apr 01, 2023 645 657 Argentina 7.1% USD 300,000 Banco de Credito del Peru, FRN USD 2,411,505 Argentine Republic Government 6.13%, Apr 24, 2027 415 416 International Bond, USD 400,000 BBVA Banco Continental SA, 8.28%, Dec 31, 2033 3,251 2,982 5.00%, Aug 26, 2022 533 541 USD 1,300,000 Argentine Republic Government USD 200,000 BBVA Banco Continental SA, International Bond, 5.25%, Sep 22, 2029 266 271 7.63%, Apr 22, 2046 1,598 1,389 USD 1,500,000 Inretail Pharma SA, USD 600,000 Cablevision SA, 5.38%, May 02, 2023 1,942 2,008 6.50%, Jun 15, 2021 802 786 USD 570,000 Kallpa Generacion SA, USD 200,000 Provincia de Buenos Aires, 4.88%, May 24, 2026 729 729 9.95%, Jun 09, 2021 287 272 USD 200,000 Petroleos del Peru SA, USD 1,000,000 Provincia de Buenos Aires, 4.75%, Jun 19, 2032 255 253 9.13%, Mar 16, 2024 1,316 1,269 USD 790,000 Petroleos del Peru SA, USD 450,000 Provincia de Buenos Aires, 5.63%, Jun 19, 2047 997 1,013 7.88%, Jun 15, 2027 557 521 USD 825,000 SAN Miguel Industrias Pet SA, USD 150,000 Provincia de Buenos Aires, Private 4.50%, Sep 18, 2022 1,056 1,056 Placement USD 816,000 Volcan Cia Minera SAA, 7.88%, Jun 15, 2027 202 174 5.38%, Feb 02, 2022 1,083 1,101 USD 1,000,000 Transportadora de Gas del Sur SA, 6.75%, May 02, 2025 1,284 1,210 8,947 9,110

The accompanying notes are an integral part of the financial statements.

140 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Luxembourg 5.6% USD 400,000 Export Credit Bank of Turkey, USD 400,000 Evraz Group SA, 5.38%, Feb 08, 2021 498 514 6.75%, Jan 31, 2022 556 544 USD 1,500,000 Export Credit Bank of Turkey, USD 650,000 Gazprom Neft OAO Via GPN Capital SA, 5.00%, Sep 23, 2021 1,823 1,872 6.00%, Nov 27, 2023 857 892 USD 900,000 Turkcell Iletisim Hizmetleri AS, USD 1,250,000 Hidrovias International Finance SARL, 5.75%, Oct 15, 2025 1,133 1,145 5.95%, Jan 24, 2025 1,560 1,482 USD 200,000 Turkcell Iletisim Hizmetleri AS, Private USD 1,075,000 Klabin Finance SA, Placement 4.88%, Sep 19, 2027 1,309 1,277 5.75%, Oct 15, 2025 274 255 USD 1,000,000 Millicom International Cellular SA, USD 400,000 Turkiye Is Bankasi AS, 5.13%, Jan 15, 2028 1,218 1,215 5.00%, Jun 25, 2021 516 490 USD 500,000 MOL Group Finance SA, USD 300,000 Turkiye Is Bankasi AS, 6.25%, Sep 26, 2019 667 680 6.00%, Oct 24, 2022 355 350 USD 400,000 Russian Agricultural Bank OJSC Via RSHB 5,847 5,865 Capital SA, 8.50%,Oct 16, 2023 582 566 Indonesia 3.8% USD 500,000 Severstal OAO Via Steel Capital SA, USD 200,000 Pelabuhan Indonesia III Persero PT, 5.90%, Oct 17, 2022 674 685 4.88%, Oct 01, 2024 254 262 USD 200,000 Severstal OAO Via Steel Capital SA, Private USD 1,810,000 Pertamina Persero PT, Placement 6.00%, May 03, 2042 2,369 2,375 5.90%, Oct 17, 2022 282 274 USD 1,802,000 Pertamina Persero PT, 6.45%, May 30, 2044 2,607 2,485 7,705 7,615 5,230 5,122 Cayman Islands 4.5% USD 815,000 CK Hutchison International 17 II Ltd., Great Britain 3.0% 3.25%, Sep 29, 2027 973 1,003 USD 1,040,000 Liquid Telecommunications Financing PLC, USD 800,000 Comunicaciones Celulares SA Via Comcel 8.50%, Jul 13, 2022 1,408 1,368 Trust, USD 200,000 Vedanta Resources PLC, 6.88%, Feb 06, 2024 1,048 1,082 8.25%, Jun 07, 2021 282 275 USD 550,000 Grupo Aval Ltd., USD 1,310,000 Vedanta Resources PLC, 4.75%, Sep 26, 2022 704 719 6.38%, Jul 30, 2022 1,707 1,646 USD 200,000 HPHT Finance 15 Ltd., USD 650,000 Vedanta Resources PLC, 2.88%, Mar 17, 2020 257 261 7.13%, May 31, 2023 834 808 USD 125,000 Odebrecht Finance Ltd., 4,231 4,097 7.50%, Sep 29, 2049 47 62 Brazil 2.5% USD 51,070 Odebrecht Offshore Drilling Finance Ltd., USD 1,250,000 Banco BTG Pactual SA, 6.72%, Dec 01, 2022 63 61 5.75%, Sep 28, 2022 1,571 1,559 USD 164,706 Odebrecht Offshore Drilling Finance Ltd., USD 1,450,000 Natura Cosmeticos SA, 7.72%, Dec 01, 2026 65 58 5.38%, Feb 01, 2023 1,851 1,834 USD 25,593 Odebrecht Oil & Gas Finance Ltd., zero coupon, Dec 31, 2099 1 - 3,422 3,393 USD 250,000 Saudi Electricity Global Sukuk Co. 3, Egypt 2.5% 4.00%, Apr 08, 2024 326 329 USD 1,000,000 Egypt Government International Bond, USD 700,000 Three Gorges Finance I Cayman Islands 5.88%, Jun 11, 2025 1,271 1,227 Ltd., USD 742,000 Egypt Government International Bond, 3.15%, Jun 02, 2026 859 861 6.88%, Apr 30, 2040 881 836 USD 1,090,000 Vale Overseas Ltd., USD 1,100,000 Egypt Government International Bond, 6.88%, Nov 21, 2036 1,633 1,617 7.90%, Feb 21, 2048 1,429 1,321 5,976 6,053 3,581 3,384 Turkey 4.3% Bermuda 2.3% USD 400,000 Anadolu Efes Biracilik Ve Malt Sanayii AS, USD 200,000 China Oil & Gas Group Ltd., 3.38%, Nov 01, 2022 496 492 5.00%, May 07, 2020 259 263 USD 600,000 Arcelik AS, 5.00%, Apr 03, 2023 752 747

The accompanying notes are an integral part of the financial statements.

141 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) USD 990,000 China Oil & Gas Group Ltd., Iraq 1.4% 4.63%, Apr 20, 2022 1,197 1,190 USD 400,000 Iraq International Bond, USD 400,000 Inkia Energy Ltd., 6.75%, Mar 09, 2023 518 507 5.88%, Nov 09, 2027 488 492 USD 872,000 Iraq International Bond, USD 600,000 Ooredoo International Finance Ltd., 5.80%, Jan 15, 2028 1,051 1,032 5.00%, Oct 19, 2025 822 815 USD 320,000 Iraq International Bond, Private Placement USD 325,000 Qatar Reinsurance Co., Ltd., 5.80%, Jan 15, 2028 401 379 4.95%, Dec 31, 2099 410 406 1,970 1,918 3,176 3,166 Ghana 1.3% Thailand 2.0% USD 200,000 Ghana Government Bond, USD 200,000 GC Treasury Center Co., Ltd., 8.13%, Jan 18, 2026 278 270 4.25%, Sep 19, 2022 265 263 USD 220,000 Ghana Government International Bond, USD 250,000 PTT PCL, 9.25%, Sep 15, 2022 320 329 4.50%, Oct 25, 2042 318 323 USD 870,000 Ghana Government International Bond, USD 1,700,000 PTTEP Treasury Center Co., Ltd., 8.13%, Jan 18, 2026 1,175 1,176 4.60%, Dec 31, 2099 2,126 2,113 1,773 1,775 2,709 2,699 Costa Rica 1.1% Colombia 1.8% USD 400,000 Banco Nacional de Costa Rica, USD 1,150,000 Ecopetrol SA, 6.25%, Nov 01, 2023 536 537 5.88%, May 28, 2045 1,436 1,441 USD 900,000 Instituto Costarricense de Electricidad, USD 770,000 Oleoducto Central SA, 6.38%, May 15, 2043 1,002 988 4.00%, May 07, 2021 989 1,008 1,538 1,525 2,425 2,449 Paraguay 1.1% Chile 1.7% USD 200,000 Paraguay Government International Bond, USD 600,000 Colbun SA, 4.63%, Jan 25, 2023 264 267 3.95%, Oct 11, 2027 732 738 USD 900,000 Telefonica Celular del Paraguay SA, USD 191,300 Empresa Electrica Angamos SA, 6.75%, Dec 13, 2022 1,190 1,214 4.88%, May 25, 2029 246 246 1,454 1,481 USD 200,000 Enel Americas SA, 4.00%, Oct 25, 2026 255 251 Israel 0.9% USD 200,000 SACI Falabella, USD 400,000 Israel Electric Corp. Ltd., 4.38%, Jan 27, 2025 263 260 6.88%, Jun 21, 2023 565 584 USD 600,000 Sociedad Quimica y Minera de Chile SA, USD 500,000 Israel Electric Corp., Ltd., 3.63%, Apr 03, 2023 753 767 5.00%,Nov 12, 2024 684 676 2,249 2,262 1,249 1,260 Ireland 1.6% British Virgin Islands 0.9% USD 800,000 Mobile Telesystems OJSC via MTS USD 250,000 CNPC General Capital Ltd., International Funding Ltd., 3.40%, Apr 16, 2023 320 324 5.00%, May 30, 2023 1,037 1,031 USD 700,000 State Grid Overseas Investment 2016 Ltd., USD 870,000 Sibur Securities DAC, 3.50%, May 04, 2027 877 880 4.13%, Oct 05, 2023 1,082 1,096 1,197 1,204 2,119 2,127 China 0.9% Dominican Republic 1.4% USD 250,000 Bank of China Ltd., USD 400,000 Aeropuertos Dominicanos Siglo XXI SA, 5.00%, Nov 13, 2024 336 337 6.75%, Mar 30, 2029 570 549 USD 300,000 The Export-Import Bank of China, USD 500,000 Dominican Republic International Bond, 2.88%, Apr 26, 2026 358 365 6.88%, Jan 29, 2026 721 698 USD 400,000 The Export-Import Bank of China, USD 500,000 Dominican Republic International Bond, 3.25%, Nov 28, 2027 492 491 7.45%, Apr 30, 2044 697 686 1,186 1,193 1,988 1,933

The accompanying notes are an integral part of the financial statements.

142 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) United Arab Emirates 0.8% SHORT-TERM INVESTMENTS 20.0% USD 250,000 Abu Dhabi National Energy Co. PJSC, USD 20,565,093 State Street Co. Can US Dollar Call 3.63%, Jan 12, 2023 320 323 Deposit, USD 550,000 ACWA Power Management and 1.00%, Jul 03, 2018 26,519 27,052 Investments One Ltd., EQUITIES 0.1% 5.95%, Dec 15, 2039 715 710 Canada 0.1% 1,035 1,033 5,946 Frontera Energy Corp. 124 114 Panama 0.8% 124 114 USD 830,000 Banco General SA, Investments 136,246 135,330 4.13%, Aug 07, 2027 1,007 1,023 Transaction costs - Mauritius 0.7% USD 750,000 MTN Mauritius Investment Ltd., Total Investments 136,246 135,330 4.76%, Nov 11, 2024 934 916 Other assets less liabilities 0.0% 13 Angola 0.6% Net assets attributable to USD 600,000 Angolan Government International Bond, unitholders 100.0% 135,343 9.50%, Nov 12, 2025 863 863 Hong Kong 0.5% USD 500,000 CNAC HK Finbridge Co., Ltd., 4.88%, Mar 14, 2025 648 654 El Salvador 0.5% USD 500,000 El Salvador Government International Bond, 6.38%, Jan 18, 2027 652 616 Croatia 0.4% USD 400,000 Hrvatska Elektroprivreda, 5.88%, Oct 23, 2022 562 551 United States 0.4% USD 400,000 Pan American Energy LLC, 7.88%, May 07, 2021 552 543 Supranational 0.4% USD 400,000 Banque Ouest Africaine de Developpement, 5.00%, Jul 27, 2027 522 503 Honduras 0.3% USD 300,000 Honduras Government International Bond, 6.25%, Jan 19, 2027 411 397 Kazakhstan 0.2% USD 200,000 Kazakhstan Government International Bond, 5.13%, Jul 21, 2025 283 278 Canada 0.2% USD 200,000 PTTEP Canada International Finance Ltd., 5.69%, Apr 05, 2021 276 277 Isle Of Man 0.2% USD 200,000 AngloGold Ashanti Holdings PLC, 5.13%, Aug 01, 2022 268 268 109,603 108,164

The accompanying notes are an integral part of the financial statements.

143 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS CORPORATE DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

Bonds Mexico 8.6 13.2 Argentina 7.1 9.5 Netherlands 6.9 7.3 Peru 6.7 5.6 Luxembourg 5.6 5.2 Cayman Islands 4.5 5.1 Turkey 4.3 4.1 Indonesia 3.8 3.9 Great Britain 3.0 2.7 Brazil 2.5 1.2 Egypt 2.5 0.8 Bermuda 2.3 0.8 Thailand 2.0 2.8 Colombia 1.8 2.3 Chile 1.7 2.5 Ireland 1.6 1.7 Dominican Republic 1.4 2.1 Iraq 1.4 1.8 Ghana 1.3 1.0 Costa Rica 1.1 1.8 Paraguay 1.1 1.7 Israel 0.9 1.3 British Virgin Islands 0.9 1.8 China 0.9 1.1 United Arab Emirates 0.8 1.0 Panama 0.8 1.0 Mauritius 0.7 1.2 Angola 0.6 0.9 Hong Kong 0.5 - El Salvador 0.5 1.0 Croatia 0.4 0.9 United States 0.4 0.9 Supranational 0.4 0.8 Honduras 0.3 0.7 Kazakhstan 0.2 0.9 Canada 0.2 0.9 Isle Of Man 0.2 0.9 Azerbaijan - 0.8 India - 1.0 Plurinational State of Bolivia - 0.9 Bahrain - 0.8 Short-Term Investments 20.0 2.3 Equities Canada 0.1 0.2 Other assets less liabilities - 2.5 100.0 100.0

The accompanying notes are an integral part of the financial statements.

144 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 570 627 Investments, at fair value 14,994 15,631 Foreign exchange gain (loss) on income 2 17 Cash 258 65 Foreign exchange gain (loss) on currency (21) (53) Receivable from Manager - 22 Realized gain (loss) on sales of investments - 24 Interest, dividends and other receivables 385 408 Realized gain (loss) on derivatives (39) 33 Change in unrealized appreciation (depreciation) Derivative assets - 4 in the value of investments (966) 491 15,637 16,130 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives (6) 5 Current liabilities (460) 1,144 Accrued expenses and other liabilities 9 12 Expenses Derivative liabilities 2 - Audit fees 2 2 11 12 Transfer agent fees 1 2 Unitholder reporting costs 4 1 Net assets attributable to unitholders 15,626 16,118 Custodial fees 14 19 Net assets attributable to unitholders per unit Foreign withholding taxes 12 14 9.61 9.91 33 38 Less operating expenses absorbed by manager (1) (14) Net operating expenses 32 24 Increase (decrease) in net assets attributable to unitholders (492) 1,120 Increase (decrease) in net assets attributable to unitholders per unit (0.30) 0.67

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 16,118 16,837 Increase (decrease) in net assets attributable to unitholders (492) 1,120 Security Transactions Net assets attributable to unitholders - end of period 15,626 17,957

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 1,626 1,684 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 1,626 1,684

Signed on behalf of the Fund Manager for Manulife Asset Management Emerging Mar- Bernard Letendre Warren Thomson kets Local Currency Debt Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

145 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 95.9% unitholders (492) 1,120 South Africa 12.5% Adjustments for: ZAR 7,800,000 Republic of South Africa Government Change in unrealized foreign exchange gain Bond, (loss) on currency 14 42 7.75%, Feb 28, 2023 634 735 Realized gain (loss) on sales of investments - (24) ZAR 13,900,000 Republic of South Africa Government Realized gain (loss) on derivatives 39 (33) Bond, Change in unrealized appreciation (depreciation) 8.00%, Jan 31, 2030 1,116 1,219 in the value of investments 966 (491) Change in unrealized appreciation (depreciation) 1,750 1,954 in the value of derivatives 6 (5) Brazil 10.9% Purchases of investments (329) (558) BRL 3,000,000 Brazil Notas do Tesouro Nacional, Proceeds from disposition of investments (39) 851 Series F Receivable from Manager 22 2 10.00%, Jan 01, 2021 849 1,041 Interest, dividends and other receivables 23 26 BRL 1,000,000 Brazil Notas do Tesouro Nacional, Accrued expenses and other liabilities (3) 5 Series F Net cash provided by (used in) operating 10.00%, Jan 01, 2023 375 334 activities 207 935 BRL 1,000,000 Brazil Notas do Tesouro Nacional, Cash flows from financing activities Series F Change in unrealized foreign exchange gain 10.00%, Jan 01, 2025 256 322 (loss) on currency (14) (42) 1,480 1,697 Net increase (decrease) in cash 207 893 Indonesia 10.5% Cash (bank overdraft) beginning of period 65 208 IDR 2,500,000,000 Indonesia Treasury Bond, Cash (bank overdraft) end of period 258 1,101 8.25%, Jul 15, 2021 250 234 Supplemental information on cash flows from operating activities: IDR 9,500,000,000 Indonesia Treasury Bond, Interest received, net of foreign withholding 8.38%, Mar 15, 2024 924 895 taxes 580 656 IDR 5,600,000,000 Indonesia Treasury Bond, 8.38%, Mar 15, 2034 535 516 1,709 1,645 Mexico 10.4% MXN 11,300,000 Mexican Bonos, 6.50%, Jun 09, 2022 1,533 726 MXN 5,500,000 Mexican Bonos, 5.75%, Mar 05, 2026 430 329 MXN 8,080,000 Mexican Bonos, 8.50%, May 31, 2029 1,203 577 3,166 1,632 Poland 9.5% PLN 1,050,000 Poland Government Bond, 3.25%, Jul 25, 2019 374 376 PLN 2,900,000 Poland Government Bond, 5.25%, Oct 25, 2020 1,129 1,101 1,503 1,477 Russia 8.1% RUB 16,500,000 Russian Federal Bond - OFZ, 7.50%, Feb 27, 2019 302 348 RUB 44,500,000 Russian Federal Bond - OFZ, 6.40%, May 27, 2020 764 925 1,066 1,273

The accompanying notes are an integral part of the financial statements.

146 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Hungary 7.7% Dominican Republic 0.9% HUF 105,000,000 Hungary Government Bond, USD 100,000 Dominican Republic International Bond, 6.50%, Jun 24, 2019 566 518 6.88%, Jan 29, 2026 141 140 HUF 108,000,000 Hungary Government Bond, Philippines 0.8% 7.00%, Jun 24, 2022 630 596 PHP 5,000,000 Philippine Government International USD 60,000 Hungary Government International Bond, Bond, 4.95%, Jan 15, 2021 149 123 5.38%, Mar 25, 2024 82 84 Peru 0.6% 1,278 1,198 PEN 200,000 Peru Government Bond, Turkey 6.3% 8.20%, Aug 12, 2026 96 96 TRY 1,100,000 Turkey Government Bond, Investments 16,887 14,994 8.50%, Jul 10, 2019 482 288 TRY 2,800,000 Turkey Government Bond, Transaction costs - 7.40%, Feb 05, 2020 1,175 690 Total Investments 16,887 14,994 1,657 978 Derivative liabilities (0.0%) (2) Colombia 4.6% Other assets less liabilities 4.1% 634 COP 650,600,000 Colombian TES, Net assets attributable to 10.00%, Jul 24, 2024 300 348 unitholders 100.0% 15,626 COP 863,800,000 Colombian TES, 6.00%, Apr 28, 2028 300 372 CONCENTRATION RISK 600 720 The following table shows a summary of the Fund’s concentration risk. Argentina 4.4% % of Net assets attributable to unitholders USD 560,815 Argentine Republic Government International Bond, Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017 8.28%, Dec 31, 2033 876 693 Bonds South Africa 12.5 11.9 Malaysia 3.0% Brazil 10.9 11.9 MYR 1,454,000 Malaysia Government Bond, Indonesia 10.5 10.7 3.96%, Sep 15, 2025 462 465 Mexico 10.4 9.6 Romania 2.8% Poland 9.5 9.5 RON 400,000 Romania Government Bond, Russia 8.1 8.2 Hungary 7.7 7.6 4.75%, Jun 24, 2019 145 133 Turkey 6.3 7.3 RON 900,000 Romania Government Bond, Colombia 4.6 4.2 5.85%, Apr 26, 2023 345 310 Argentina 4.4 5.2 490 443 Malaysia 3.0 2.8 Romania 2.8 2.8 Iraq 1.9% Iraq 1.9 1.9 USD 250,000 Iraq International Bond, Uruguay 1.0 1.1 5.80%, Jan 15, 2028 276 296 Dominican Republic 0.9 0.9 Uruguay 1.0% Philippines 0.8 0.8 UYU 2,200,000 Uruguay Government International Peru 0.6 0.6 Bond, Other assets less liabilities 4.1 3.0 100.0 100.0 9.88%, Jun 20, 2022 104 91 UYU 2,000,000 Uruguay Government International Bond, 8.50%, Mar 15, 2028 84 73 188 164

The accompanying notes are an integral part of the financial statements.

147 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS LOCAL CURRENCY DEBT POOLED FUND

The accompanying notes are an integral part of the financial statements.

148 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND

Assets Income Current assets Interest for distribution purposes 15 5 Investments, at fair value 14,813 13,456 Dividend income 96 - Cash 82 674 Distribution income from underlying funds 67 132 Receivable from investments sold 200 - Foreign exchange gain (loss) on currency 13 6 Receivable from Manager - 11 Income from securities lending 1 - Other income 25 - Interest, dividends and other receivables 27 4 Realized gain (loss) on sales of investments 246 50 Derivative assets - 46 Realized gain (loss) on derivatives (29) (37) 15,122 14,191 Change in unrealized appreciation (depreciation) Liabilities in the value of investments 58 (96) Change in unrealized appreciation (depreciation) Current liabilities in the value of derivatives (114) 84 Payable on investments purchased 162 152 Accrued expenses and other liabilities 7 10 378 144 Derivative liabilities 68 - Expenses 237 162 Audit fees 2 2 Transfer agent fees 1 2 Net assets attributable to unitholders 14,885 14,029 Filing fees 1 - Net assets attributable to unitholders per unit Unitholder reporting costs 2 1 11.09 10.81 Custodial fees 2 12 Foreign withholding taxes 7 11 Transaction costs 6 3 21 31 Less operating expenses absorbed by manager - (10) Net operating expenses 21 21 Increase (decrease) in net assets attributable to unitholders 357 123 Increase (decrease) in net assets attributable to unitholders per unit 0.27 0.18

Signed on behalf of the Fund Manager for Manulife Asset Management Global Diversi- Bernard Letendre Warren Thomson fied Balanced Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

149 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 357 123 Net assets attributable to unitholders - beginning of Adjustments for: period 14,029 997 Distributions from underlying funds (67) (132) Increase (decrease) in net assets attributable to Change in unrealized foreign exchange gain unitholders 357 123 (loss) on currency (8) 5 Security Transactions Realized gain (loss) on sales of investments (246) (50) Proceeds from units issued 499 12,397 Realized gain (loss) on derivatives 29 37 Total security transactions 499 12,397 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 14,885 13,517 in the value of investments (58) 96 Change in unrealized appreciation (depreciation) Changes due to unitholder transactions(Note 4) in the value of derivatives 114 (84) Units outstanding beginning of period 1,298 94 Purchases of investments (17,948) (21,219) Units issued 45 1,142 Proceeds from disposition of investments 16,743 9,079 Units issued for reinvestment of distributions - - Receivable from Manager 11 (10) Units redeemed - - Interest, dividends and other receivables (23) (3) Units outstanding end of period 1,343 1,236 Accrued expenses and other liabilities (3) 6 Net cash provided by (used in) operating activities (1,099) (12,152) Cash flows from financing activities Proceeds from sale of units 499 12,397 Net cash provided by (used in) financing activities 499 12,397 Change in unrealized foreign exchange gain (loss) on currency 8 (5) Net increase (decrease) in cash (600) 240 Cash (bank overdraft) beginning of period 674 75 Cash (bank overdraft) end of period 82 315 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 15 5 Dividends received, net of foreign withholding taxes 66 -

The accompanying notes are an integral part of the financial statements.

150 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL DIVERSIFIED BALANCED POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MUTUAL FUNDS 47.0% 76,884 Manulife Asset Management Canadian 1,675 Vanguard S&P 500 ETF 516 550 3,146 Vanguard Short-Term Corporate Bond ETF 335 323 Large Cap Growth Pooled Fund 728 677 6,418 Vanguard Total Bond Market ETF 673 669 38,366 Manulife Asset Management US Large Cap Core Pooled Fund 480 485 6,338 6,422 356,714 Manulife Bond Fund, Series O 2,190 2,135 SHORT-TERM INVESTMENTS 9.4% 31,601 Manulife Canadian Stock Fund, Series O 583 636 USD 400,000 Federal Home Loan Bank, 64,443 Manulife Corporate Bond Fund, Series O 637 619 0.79%, Jul 03, 2018 527 526 44,393 Manulife International Value Equity Fund, 870,000 Merit Trust, Series O 679 691 0.73%, Jul 03, 2018 870 870 96,155 Manulife Strategic Income Fund, Series O 1,217 1,128 23,539 Manulife US All Cap Equity Fund, Series O 561 624 1,397 1,396 7,075 6,995 Investments 14,810 14,813 EXCHANGE-TRADED FUNDS 43.2% Transaction costs (3) 3,884 Invesco International Corporate Bond ETF 133 134 Total investments 14,807 14,813 23,972 Invesco Senior Loan ETF 709 722 7,770 iShares 1-5 Year Laddered Corporate Bond Derivative liabilities (0.5%) (68) Other assets less liabilities 0.9% 140 Index ETF 143 142 6,055 iShares Core S&P/TSX Capped Composite Net assets attributable to unitholders Index ETF 151 156 100.0% 14,885 660 iShares JP Morgan USD Emerging Markets Bond ETF 99 93 CONCENTRATION RISK 5,182 iShares MSCI Brazil Capped ETF 217 218 The following table shows a summary of the Fund’s concentration risk. 48,287 iShares S&P/TSX Capped Energy Index ETF 584 633 % of Net assets attributable to 554 iShares Transportation Average ETF 144 136 unitholders 11,603 SPDR Barclays High Yield Bond ETF 553 541 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 28,186 Vanguard Canadian Aggregate Bond Index Mutual Funds 47.0 49.0 ETF 712 705 Exchange-Traded Funds 43.2 46.9 2,878 Vanguard Extended Market ETF 428 446 Short-Term Investments 9.4 - 920 Vanguard FTSE All World ex-US Small-Cap Derivative assets - 0.3 ETF 142 140 Derivative liabilities (0.5) - 2,808 Vanguard FTSE Developed Markets ETF 152 158 Other assets less liabilities 0.9 3.8 1,337 Vanguard Health Care ETF 289 280 100.0 100.0 1,576 Vanguard Information Technology ETF 358 376

The accompanying notes are an integral part of the financial statements.

151 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND

Assets Income Current assets Interest for distribution purposes 11 20 Investments, at fair value 81,858 83,244 Dividend income 862 1,135 Cash 26 34 Foreign exchange gain (loss) on currency - (1) Subscriptions receivable 41 26 Realized gain (loss) on sales of investments 822 7,662 Interest, dividends and other receivables 161 155 Change in unrealized appreciation (depreciation) in the value of investments 709 (9,387) 82,086 83,459 2,404 (571) Liabilities Expenses Current liabilities Audit fees 2 3 Redemptions payable 207 55 Transfer agent fees 2 3 Accrued expenses and other liabilities 14 22 Unitholder reporting costs 12 2 221 77 Custodial fees 11 41 Transaction costs 11 30 Net assets attributable to unitholders 81,865 83,382 38 79 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager - (4) 8.80 8.54 Net operating expenses 38 75 Increase (decrease) in net assets attributable to unitholders 2,366 (646) Increase (decrease) in net assets attributable to unitholders per unit 0.26 (0.06)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 83,382 109,325 Increase (decrease) in net assets attributable to unitholders 2,366 (646) Security Transactions Proceeds from units issued 3,233 5,055 Redemption of units (7,116) 17,508

Total security transactions (3,883) (12,453)

Net assets attributable to unitholders - end of period 81,865 96,226

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 9,765 11,447 Units issued 380 525 Units issued for reinvestment of distributions - - Units redeemed (844) (1,808)

Units outstanding end of period 9,301 10,164

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Large Bernard Letendre Warren Thomson Cap Growth Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

152 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 97.3% unitholders 2,366 (646) Canada 97.3% Adjustments for: Energy 18.9% Change in unrealized foreign exchange gain 89,430 Canadian Natural Resources Ltd. 3,287 4,243 (loss) on currency - 1 52,810 Enbridge, Inc. 3,007 2,482 Realized gain (loss) on sales of investments (822) (7,662) 106,270 Encana Corp. 1,717 1,825 Change in unrealized appreciation (depreciation) 46,560 Seven Generations Energy Ltd. 863 675 in the value of investments (709) 9,387 98,500 Suncor Energy, Inc. 3,775 5,270 Purchases of investments (152,894) (213,520) 112,930 Whitecap Resources, Inc. 1,258 1,006 Proceeds from disposition of investments 155,811 224,789 Receivable from Manager - (1) 13,907 15,501 Interest, dividends and other receivables (6) (25) Materials 12.8% Accrued expenses and other liabilities (8) 13 14,050 Agnico Eagle Mines Ltd. 767 847 Net cash provided by (used in) operating 26,070 CCL Industries, Inc., Class B 923 1,680 activities 3,738 12,336 56,700 First Quantum Minerals Ltd. 983 1,098 7,800 Franco-Nevada Corp. 428 749 Cash flows from financing activities 76,640 Goldcorp, Inc. 1,455 1,383 Proceeds from sale of units 3,218 5,112 89,570 Lundin Mining Corp. 709 655 Payments for units redeemed (6,964) (17,441) 31,570 Nutrien Ltd. 2,064 2,258 Net cash provided by (used in) financing 54,520 Teck Resources Ltd. 1,575 1,826 activities (3,746) (12,329) 8,904 10,496 Change in unrealized foreign exchange gain Industrials 11.9% (loss) on currency - (1) 48,510 Air Canada 1,205 1,031 Net increase (decrease) in cash (8) 6 30,110 Canadian National Railway Co. 1,786 3,238 Cash (bank overdraft) beginning of period 34 31 13,530 Canadian Pacific Railway Ltd. 2,806 3,259 Cash (bank overdraft) end of period 26 37 22,660 Waste Connections, Inc. 2,012 2,244 Supplemental information on cash flows from operating activities: 7,809 9,772 Interest received, net of foreign withholding Consumer Discretionary 8.1% taxes 11 16 20,670 Aritzia, Inc. 340 322 Dividends received, net of foreign withholding 27,270 Dollarama, Inc. 345 1,390 taxes 856 1,114 14,890 Gildan Activewear, Inc. 411 551 18,750 Magna International, Inc. 901 1,434 22,260 Restaurant Brands International, Inc. 1,040 1,765 19,360 Spin Master Corp. 803 1,129 3,840 6,591 Consumer Staples 4.8% 46,680 Alimentation Couche-Tard, Inc., Class B 1,690 2,666 28,160 Saputo, Inc. 895 1,229 2,585 3,895 Health Care 0.7% 37,540 Chartwell Retirement Residences 541 575 Financials 30.9% 52,320 Brookfield Asset Management, Inc., Class A 1,753 2,790 26,720 Canadian Imperial Bank of Commerce 2,843 3,056 15,600 Intact Financial Corp. 1,154 1,455 59,050 Royal Bank of Canada 4,492 5,845 41,310 Sun Life Financial, Inc. 1,648 2,182 60,330 The Bank of Nova Scotia 3,620 4,491 72,190 The Toronto-Dominion Bank 3,424 5,493 18,934 25,312 Information Technology 9.2% 22,450 CGI Group, Inc., Class A 681 1,870

The accompanying notes are an integral part of the financial statements.

153 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND MANULIFE ASSET MANAGEMENT CANADIAN LARGE CAP GROWTH POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) 1,580 Constellation Software, Inc. 292 1,611 13,280 Open Text Corp. 605 614 12,070 Shopify, Inc. 512 2,314 25,840 The Descartes Systems Group, Inc. 436 1,107 2,526 7,516 SHORT-TERM INVESTMENTS 2.7% 500,000 Canadian Treasury Bill, 0.09%, Jul 12, 2018 500 500 1,700,000 Merit Trust, 0.73%, Jul 03, 2018 1,700 1,700 2,200 2,200 Investments 61,246 81,858 Transaction costs (34) Total investments 61,212 81,858 Other assets less liabilities 0.0% 7 Net assets attributable to unitholders 100.0% 81,865

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Energy 18.9 20.8 Materials 12.8 11.0 Industrials 11.9 10.7 Consumer Discretionary 8.1 8.8 Consumer Staples 4.8 5.2 Health Care 0.7 0.8 Financials 30.9 33.2 Information Technology 9.2 7.8 Short-Term Investments 2.7 1.5 Other assets less liabilities - 0.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

154 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 74 251 Investments, at fair value 738,990 745,358 Dividend income 10,434 10,184 Cash 916 693 Distribution income from underlying funds - 36 Margin deposited on derivatives 1,458 1,382 Foreign exchange gain (loss) on income - (1) Subscriptions receivable 118 255 Foreign exchange gain (loss) on currency 31 6 Income from securities lending 197 138 Interest, dividends and other receivables 1,976 1,852 Realized gain (loss) on sales of investments 1,102 4,251 Derivative assets 112 100 Realized gain (loss) on derivatives 208 136 743,570 749,640 Change in unrealized appreciation (depreciation) Liabilities in the value of investments 2,249 (10,287) Change in unrealized appreciation (depreciation) Current liabilities in the value of derivatives 12 (220) Redemptions payable 645 3,081 Accrued expenses and other liabilities 26 48 14,307 4,494 671 3,129 Expenses Audit fees 2 4 Net assets attributable to unitholders 742,899 746,511 Transfer agent fees 6 7 Net assets attributable to unitholders per unit Interest expense & bank charges - 3 18.32 17.97 Unitholder reporting costs 30 2 Custodial fees 23 69 Foreign withholding taxes 1 2 Transaction costs 15 125 77 212 Less operating expenses absorbed by manager - (6) Net operating expenses 77 206 Increase (decrease) in net assets attributable to unitholders 14,230 4,288 Increase (decrease) in net assets attributable to unitholders per unit 0.35 0.10

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Equity Bernard Letendre Warren Thomson Index Pooled Fund. Director Director

155 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 14,230 4,288 Net assets attributable to unitholders - beginning of Adjustments for: period 746,511 670,662 Distributions from underlying funds - (36) Increase (decrease) in net assets attributable to Change in unrealized foreign exchange gain unitholders 14,230 4,288 (loss) on currency (31) (5) Security Transactions Realized gain (loss) on sales of investments (1,102) (4,251) Proceeds from units issued 23,066 131,352 Realized gain (loss) on derivatives (208) (136) Redemption of units (40,908) (71,713) Change in unrealized appreciation (depreciation) Total security transactions (17,842) 59,639 in the value of investments (2,249) 10,287 Net assets attributable to unitholders - end of period 742,899 734,589 Change in unrealized appreciation (depreciation) in the value of derivatives (12) 220 Changes due to unitholder transactions(Note 4) Purchases of investments (547,277) (503,327) Units outstanding beginning of period 41,543 39,125 Proceeds from disposition of investments 557,204 433,528 Units issued 1,323 7,525 Margin deposited on derivatives (76) (295) Units issued for reinvestment of distributions - - Receivable from Manager - (4) Units redeemed (2,321) (4,102) Interest, dividends and other receivables (124) (176) Units outstanding end of period 40,545 42,548 Accrued expenses and other liabilities (22) 2 Net cash provided by (used in) operating activities 20,333 (59,905) Cash flows from financing activities Proceeds from sale of units 23,203 131,942 Payments for units redeemed (43,344) (71,713) Net cash provided by (used in) financing activities (20,141) 60,229 Change in unrealized foreign exchange gain (loss) on currency 31 5 Net increase (decrease) in cash 192 329 Cash (bank overdraft) beginning of period 693 25 Cash (bank overdraft) end of period 916 354 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 74 251 Dividends received, net of foreign withholding taxes 10,309 10,006

156 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE EQUITIES 97.4% CONTRACTS NAME ($) (’000) ($) (’000) Canada 96.1% 316,006 B2Gold Corp. 959 1,078 Energy 19.5% 375,009 Barrick Gold Corp. 11,804 6,476 60,387 Advantage Oil & Gas Ltd. 465 248 21,465 Canfor Corp. 309 679 57,494 AltaGas Ltd. 1,861 1,561 21,353 Cascades, Inc. 354 251 113,594 ARC Resources Ltd. 2,654 1,543 46,136 CCL Industries, Inc., Class B 827 2,974 75,956 Baytex Energy Corp. 2,095 332 68,039 Centerra Gold, Inc. 666 497 70,568 Birchcliff Energy Ltd. 645 340 29,924 Chemtrade Logistics Income Fund 601 448 127,153 Cameco Corp. 2,939 1,881 55,942 Detour Gold Corp. 1,034 661 351,373 Canadian Natural Resources Ltd. 11,435 16,673 254,375 Eldorado Gold Corp. 2,414 338 327,903 Cenovus Energy, Inc. 7,892 4,476 54,167 First Majestic Silver Corp. 680 543 77,847 CES Energy Solutions Corp. 479 350 221,580 First Quantum Minerals Ltd. 3,810 4,292 176,492 Crescent Point Energy Corp. 5,560 1,705 51,115 Fortuna Silver Mines, Inc. 362 382 44,925 Enbridge Income Fund Holdings, Inc. 1,318 1,448 59,788 Franco-Nevada Corp. 3,256 5,737 547,703 Enbridge, Inc. 25,261 25,742 279,191 Goldcorp, Inc. 9,110 5,039 309,423 Encana Corp. 5,990 5,313 56,228 Guyana Goldfields, Inc. 501 276 28,306 Enerflex Ltd. 368 400 83,510 HudBay Minerals, Inc. 948 612 78,676 Enerplus Corp. 1,773 1,304 150,018 IAMGOLD Corp. 1,422 1,149 41,266 Ensign Energy Services, Inc. 572 242 20,978 Interfor Corp. 335 530 29,426 Freehold Royalties Ltd. 491 365 18,060 Intertape Polymer Group, Inc. 300 326 46,094 Gibson Energy, Inc. 1,000 808 173,492 Ivanhoe Mines Ltd. 373 468 96,894 Husky Energy, Inc. 2,387 1,985 400,951 Kinross Gold Corp. 4,354 1,985 79,381 Imperial Oil Ltd. 3,333 3,469 61,039 Kirkland Lake Gold Ltd. 585 1,699 123,564 Inter Pipeline Ltd. 2,667 3,045 20,661 Labrador Iron Ore Royalty Corp. 519 498 48,445 Kelt Exploration Ltd. 475 433 100,349 Lucara Diamond Corp. 357 212 66,342 Keyera Corp. 1,780 2,427 204,537 Lundin Mining Corp. 1,286 1,495 33,233 Kinder Morgan Canada Ltd. 558 528 23,926 MAG Silver Corp. 403 340 72,573 MEG Energy Corp. 1,903 795 26,405 Methanex Corp. 911 2,455 33,616 Mullen Group Ltd. 690 521 96,634 Nevsun Resources Ltd. 444 442 94,194 NexGen Energy Ltd. 332 229 186,530 New Gold, Inc. 1,291 511 55,764 NuVista Energy Ltd. 393 509 14,225 Norbid, Inc. 456 769 23,070 Paramount Resources Ltd., Class A 434 344 70,502 Novagold Resources, Inc. 456 415 50,213 Parex Resources, Inc. 626 1,246 203,788 Nutrien Ltd. 13,293 14,575 42,450 Parkland Fuel Corp. 910 1,371 199,378 OceanaGold Corp. 597 728 23,820 Pason Systems, Inc. 400 513 39,603 Osisko Gold Royalties Ltd. 632 493 161,778 Pembina Pipeline Corp. 5,352 7,366 49,119 Pan American Silver Corp. 1,059 1,156 52,600 Peyto Exploration & Development Corp. 1,307 532 49,299 Pretium Resources, Inc. 541 477 67,225 PrairieSky Royalty Ltd. 2,016 1,744 59,193 Sandstorm Gold Ltd. 402 350 93,847 Precision Drilling Corp. 984 408 104,710 SEMAFO, Inc. 558 399 69,756 Raging River Exploration, Inc. 545 398 38,765 SSR Mining, Inc. 643 503 52,526 Secure Energy Services, Inc. 585 381 13,521 Stella-Jones, Inc. 592 648 89,749 Seven Generations Energy Ltd. 1,892 1,300 100,133 Tahoe Resources, Inc. 1,523 648 22,587 ShawCor Ltd. 758 576 161,768 Teck Resources Ltd. 5,012 5,418 524,999 Suncor Energy, Inc. 19,939 28,087 27,334 Torex Gold Resources, Inc. 485 320 45,625 TORC Oil & Gas Ltd. 462 335 316,489 Turquoise Hill Resources Ltd. 2,018 1,177 81,319 Tourmaline Oil Corp. 2,775 1,910 19,021 West Fraser Timber Co., Ltd. 651 1,721 286,279 TransCanada Corp. 13,449 16,284 126,487 Western Forest Products, Inc. 292 339 106,404 Trican Well Service Ltd. 415 318 142,351 Wheaton Precious Metals Corp. 3,748 4,131 48,402 Vermilion Energy, Inc. 2,460 2,295 9,787 Winpak Ltd. 467 431 134,562 Whitecap Resources, Inc. 1,480 1,199 305,821 Yamana Gold, Inc. 3,097 1,171 144,105 145,279 92,051 83,948 Materials 11.3% Industrials 9.6% 74,968 Agnico Eagle Mines Ltd. 3,532 4,518 19,076 Aecon Group, Inc. 264 295 93,926 Alacer Gold Corp. 526 228 87,483 Air Canada 535 1,859 125,465 Alamos Gold, Inc. 1,256 940 24,385 ATS Automation Tooling Systems, Inc. 334 477

157 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 11,867 Badger Daylighting Ltd. 341 376 62,111 Loblaw Cos., Ltd. 3,105 4,199 674,439 Bombardier, Inc. 2,800 3,507 25,723 Maple Leaf Foods, Inc. 428 855 6,293 Boyd Group Income Fund 404 738 77,365 Metro, Inc. 1,580 3,457 85,986 CAE, Inc. 1,032 2,348 9,082 Premium Brands Holdings Corp. 538 1,029 236,740 Canadian National Railway Co. 10,294 25,457 70,930 Saputo, Inc. 1,689 3,096 45,895 Canadian Pacific Railway Ltd. 4,867 11,057 15,683 The North West Co., Inc. 348 460 44,512 Chorus Aviation, Inc. 404 313 13,806 24,992 9,204 Exchange Income Corp. 381 295 54,057 Finning International, Inc. 1,281 1,754 Health Care 1.3% 18,123 Maxar Technologies Ltd. 1,141 1,196 58,021 Aphria, Inc. 800 689 17,208 Morneau Shepell, Inc. 320 468 164,403 Aurora Cannabis, Inc. 1,801 1,529 17,263 NFI Group, Inc. 570 847 58,038 Canopy Growth Corp. 679 2,230 34,584 Ritchie Bros Auctioneers, Inc. 882 1,551 68,032 Chartwell Retirement Residences 633 1,043 19,997 Russel Metals, Inc. 488 537 28,299 Extendicare, Inc. 240 205 56,447 SNC-Lavalin Group, Inc. 2,557 3,277 35,050 Knight Therapeutics, Inc. 351 282 36,561 Stantec, Inc. 836 1,236 20,942 Sienna Senior Living, Inc. 370 347 28,345 TFI International, Inc. 549 1,149 99,779 Valeant Pharmaceuticals International, Inc. 7,461 3,053 24,800 Toromont Industries Ltd. 604 1,410 12,335 9,378 23,727 Transcontinental, Inc. 427 724 84,657 Waste Connections, Inc. 4,395 8,384 Financials 32.4% 36,681 Westjet Airlines Ltd. 684 665 11,597 Alaris Royalty Corp. 370 185 15,864 Westshore Terminals Investment Corp. 356 378 205,851 Bank of Montreal 13,235 20,919 20,647 WSP Global, Inc. 685 1,429 280,445 Brookfield Asset Management, Inc., Class A 7,521 14,956 142,929 Canadian Imperial Bank of Commerce 12,092 16,345 37,431 71,727 28,567 Canadian Western Bank 764 990 Consumer Discretionary 5.4% 86,928 CI Financial Corp. 2,446 2,054 11,133 BRP, Inc. 372 706 106,151 ECN Capital Corp. 315 375 12,054 Canada Goose Holdings, Inc. 424 932 122,641 Element Fleet Management Corp. 1,441 758 20,053 Canadian Tire Corp., Ltd., Class A 1,549 3,441 8,951 Fairfax Financial Holdings Ltd. 4,147 6,594 20,353 Cineplex, Inc. 632 594 12,407 Genworth MI Canada, Inc. 339 531 7,437 Cogeco Communications, Inc. 366 484 89,017 Great-West Lifeco, Inc. 2,504 2,877 38,148 Corus Entertainment, Inc. 661 189 18,623 Home Capital Group, Inc. 504 279 96,837 Dollarama, Inc. 1,102 4,935 27,029 IGM Financial, Inc. 1,132 1,030 8,567 Dorel Industries, Inc. 284 191 35,214 Industrial Alliance Insurance & Financial 34,225 EnerCare, Inc. 517 615 Services, Inc. 1,328 1,787 68,758 Gildan Activewear, Inc. 1,404 2,546 44,683 Intact Financial Corp. 2,848 4,167 18,635 Great Canadian Gaming Corp. 405 868 13,361 Laurentian Bank of Canada 639 599 37,395 Hudson’s Bay Co. 656 438 637,331 Manulife Financial Corp. 9,964 15,054 14,663 Linamar Corp. 493 848 109,046 National Bank of Canada 4,029 6,883 106,867 Magna International, Inc. 3,212 8,171 26,079 Onex Corp. 1,181 2,516 27,816 Martinrea International, Inc. 268 392 117,674 Power Corp. of Canada 3,286 3,464 50,145 Quebecor, Inc., Class B 538 1,350 78,031 Power Financial Corp. 2,353 2,399 80,071 Restaurant Brands International, Inc. 3,831 6,350 463,325 Royal Bank of Canada 27,651 45,865 140,604 Shaw Communications, Inc., Class B 3,205 3,765 195,259 Sun Life Financial, Inc. 6,859 10,316 11,304 Sleep Country Canada Holdings, Inc. 348 368 388,683 The Bank of Nova Scotia 21,646 28,934 7,834 Spin Master Corp. 351 457 593,011 The Toronto-Dominion Bank 24,866 45,122 41,020 The Stars Group, Inc. 1,245 1,956 84,584 Thomson Reuters Corp. 3,314 4,487 13,669 Uni-Select, Inc. 384 286 11,440 TMX Group Ltd. 588 986 22,247 39,882 157,362 240,472 Consumer Staples 3.4% Information Technology 3.9% 138,933 Alimentation Couche-Tard, Inc., Class B 3,222 7,934 156,985 BlackBerry Ltd. 4,441 1,991 44,955 Cott Corp. 534 979 38,878 Celestica, Inc. 568 608 51,252 Empire Co., Ltd., Class A 1,128 1,353 82,204 CGI Group, Inc., Class A 2,339 6,848 15,199 George Weston Ltd. 1,234 1,630 25,609 Computer Modelling Group Ltd. 305 259

158 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 6,329 Constellation Software, Inc. 1,588 6,453 Global 1.2% 6,040 Enghouse Systems Ltd. 312 464 Materials 0.1% 8,210 Kinaxis, Inc. 420 727 24,232 Endeavour Mining Corp. 524 572 32,138 Mitel Networks Corp. 343 462 Industrials 0.1% 85,954 Open Text Corp. 1,819 3,977 13,029 Brookfield Business LP 387 656 29,871 Shopify, Inc. 3,609 5,726 11,523 Sierra Wireless, Inc. 497 242 Utilities 0.8% 24,778 The Descartes Systems Group, Inc. 422 1,061 88,912 Brookfield Infrasctructure Partners LP 4,820 4,485 39,399 Brookfield Renewable Partner MLP 1,311 1,554 16,663 28,818 6,131 6,039 Telecommunication Services 4.2% 288,503 BCE, Inc. 12,770 15,360 Real Estate 0.2% 115,077 Rogers Communications, Inc., Class B 4,437 7,185 65,546 Brookfield Property Partners LP 1,496 1,637 191,381 TELUS Corp. 5,695 8,938 8,538 8,904 22,902 31,483 United States 0.1% Utilities 2.6% Energy 0.1% 151,159 Algonquin Power & Utilities Corp. 1,600 1,920 124,123 Gran Tierra Energy, Inc. 660 565 24,185 Atco Ltd. 794 981 560,601 723,348 18,538 Boralex, Inc. 386 390 39,310 Canadian Utilities Ltd. 1,162 1,305 EXCHANGE-TRADED FUNDS 1.1% 33,110 Capital Power Corp. 803 835 313,619 iShares Core S&P/TSX Capped Composite 74,050 Emera, Inc. 2,787 3,169 Index ETF 7,706 8,098 135,928 Fortis, Inc. 4,966 5,712 SHORT-TERM INVESTMENTS 1.0% 93,742 Hydro One Ltd. 2,211 1,879 7,100,000 Canadian Treasury Bill, 35,767 Innergex Renewable Energy, Inc. 410 494 0.35%, Jul 26, 2018 7,094 7,094 36,498 Northland Power, Inc. 640 895 450,000 Prime Trust, 46,166 Superior Plus Corp. 558 587 0.72%, Jul 03, 2018 450 450 92,215 TransAlta Corp. 1,496 609 7,544 7,544 37,757 TransAlta Renewables, Inc. 478 470 Investments 575,851 738,990 18,291 19,246 Transaction costs (157) Real Estate 2.5% 29,928 Allied Properties REIT 788 1,252 Total investments 575,694 738,990 11,773 Altus Group Ltd. 332 344 Derivative assets 0.0% 112 49,461 Artis REIT 549 648 Other assets less liabilities 0.5% 3,797 11,907 Boardwalk REIT 505 544 46,167 Canadian Apartment Properties REIT 927 1,968 Net assets attributable to unitholders 73,971 Choice Properties REIT 719 896 100.0% 742,899 10,583 Colliers International Group, Inc. 317 1,058 55,539 Cominar REIT 807 712 28,677 Crombie REIT 351 365 56,668 Dream Global REIT 514 814 17,997 Dream Office REIT 440 422 52,736 First Capital Realty, Inc. 988 1,089 10,011 FirstService Corp. 224 1,001 14,670 Granite REIT 556 787 92,751 H&R REIT 1,761 1,866 25,952 Killam Apartment REIT 361 389 15,447 Northview Apartment REIT 334 406 101,877 RioCan REIT 2,356 2,460 37,992 Smart REIT 919 1,160 42,868 Tricon Capital Group, Inc. 462 473 14,210 18,654 551,403 713,879

159 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT CANADIAN EQUITY INDEX POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Energy 19.5 18.9 Materials 11.3 11.0 Industrials 9.6 9.2 Consumer Discretionary 5.4 5.3 Consumer Staples 3.4 3.5 Health Care 1.3 0.9 Financials 32.4 33.5 Information Technology 3.9 3.1 Telecommunication Services 4.2 4.6 Utilities 2.6 3.0 Real Estate 2.5 2.8 Global Materials 0.1 0.1 Industrials 0.1 - Utilities 0.8 0.7 Real Estate 0.2 - United States Energy 0.1 0.1 Exchange-Traded Funds 1.1 1.0 Short-Term Investments 1.0 2.1 Other assets less liabilities 0.5 0.2 100.0 100.0

FUTURES CONTRACTS 0.0% Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 57 CAD 953.44 S&P TSX 60 Index Future Sep 20, 2018 CAD 10,982 CAD 963.30 112 Derivative assets 112

160 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes - 6 Investments, at fair value 22,456 21,622 Dividend income 280 1,661 Cash 113 45 Foreign exchange gain (loss) on currency 2 (4) Receivable from investments sold 76 - Income from securities lending 1 1 Interest, dividends and other receivables 55 45 Realized gain (loss) on sales of investments 173 3,840 Change in unrealized appreciation (depreciation) 22,700 21,712 in the value of investments 215 (2,724) Liabilities 671 2,780 Current liabilities Expenses Payable on investments purchased 302 - Audit fees 2 3 Accrued expenses and other liabilities 8 20 Transfer agent fees 1 2 310 20 Unitholder reporting costs - 2 Custodial fees - 34 Net assets attributable to unitholders 22,390 21,692 Transaction costs 3 37 Net assets attributable to unitholders per unit 678 11.18 10.84 Less operating expenses absorbed by manager - (1) Net operating expenses 6 77 Increase (decrease) in net assets attributable to unitholders 665 2,703 Increase (decrease) in net assets attributable to unitholders per unit 0.34 0.22

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 21,692 139,771 Increase (decrease) in net assets attributable to unitholders 665 2,703 Security Transactions Proceeds from units issued 58 26 Redemption of units (25) (7,144)

Total security transactions 33 (7,118)

Net assets attributable to unitholders - end of period 22,390 135,356

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 2,000 12,752 Units issued 6 2 Units issued for reinvestment of distributions - - Units redeemed (2) (635)

Units outstanding end of period 2,004 12,119

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Core Bernard Letendre Warren Thomson Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

161 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 98.5% unitholders 665 2,703 Canada 98.5% Adjustments for: Energy 19.2% Change in unrealized foreign exchange gain 26,659 Canadian Natural Resources Ltd. 1,022 1,265 (loss) on currency (2) 4 14,365 Enbridge, Inc. 776 675 Realized gain (loss) on sales of investments (173) (3,840) 13,667 Keyera Corp. 482 500 Change in unrealized appreciation (depreciation) 7,667 Parkland Fuel Corp. 213 248 in the value of investments (215) 2,724 11,363 PrairieSky Royalty Ltd. 282 295 Purchases of investments (3,711) (39,540) 18,758 Suncor Energy, Inc. 703 1,003 Proceeds from disposition of investments 3,491 42,822 34,638 Whitecap Resources, Inc. 331 309 Receivable from Manager - (1) Interest, dividends and other receivables (10) (55) 3,809 4,295 Accrued expenses and other liabilities (12) (1) Materials 9.3% Net cash provided by (used in) operating 5,837 Agnico Eagle Mines Ltd. 337 352 activities 33 4,816 10,036 CCL Industries, Inc., Class B 518 647 2,941 First Quantum Minerals Ltd. 48 57 Cash flows from financing activities 2,149 Franco-Nevada Corp. 193 206 Proceeds from sale of units 58 26 14,814 Goldcorp, Inc. 356 267 Payments for units redeemed (25) (4,644) 17,493 Lundin Mining Corp. 76 128 Net cash provided by (used in) financing 3,888 Nutrien Ltd. 212 278 activities 33 (4,618) 4,382 Teck Resources Ltd. 129 147 Change in unrealized foreign exchange gain 1,869 2,082 (loss) on currency 2 (4) Industrials 10.9% Net increase (decrease) in cash 66 194 12,158 CAE, Inc. 204 332 Cash (bank overdraft) beginning of period 45 159 6,434 Canadian National Railway Co. 489 692 Cash (bank overdraft) end of period 113 353 3,337 Canadian Pacific Railway Ltd. 646 804 13,134 Finning International, Inc. 348 426 Supplemental information on cash flows from operating activities: 3,182 Toromont Industries Ltd. 119 181 Interest received, net of foreign withholding 1,806 2,435 taxes - 6 Dividends received, net of foreign withholding Consumer Discretionary 8.3% taxes 270 1,606 3,785 Cogeco Communications, Inc. 265 246 6,214 Dollarama, Inc. 217 317 4,633 Gildan Activewear, Inc. 171 172 4,538 Magna International, Inc. 229 347 15,948 Quebecor, Inc., Class B 307 429 4,360 Restaurant Brands International, Inc. 280 346 1,469 1,857 Consumer Staples 5.0% 7,642 Loblaw Cos., Ltd. 525 517 7,382 Metro, Inc. 300 330 6,059 Saputo, Inc. 252 264 1,077 1,111 Financials 34.1% 12,009 Brookfield Asset Management, Inc., Class A 546 640 8,689 Canadian Imperial Bank of Commerce 946 993 6,775 Intact Financial Corp. 607 632 11,002 Royal Bank of Canada 960 1,089 18,261 Sun Life Financial, Inc. 845 965 17,528 The Bank of Nova Scotia 1,304 1,305 21,131 The Toronto-Dominion Bank 1,220 1,608 4,748 TMX Group Ltd. 299 409 6,727 7,641

The accompanying notes are an integral part of the financial statements.

162 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN CORE EQUITY POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Information Technology 7.8% 13,486 CGI Group, Inc., Class A 812 1,123 13,757 Open Text Corp. 569 637 1,381 1,760 Telecommunication Services 3.0% 10,680 Rogers Communications, Inc., Class B 578 667 Real Estate 0.9% 7,114 Altus Group Ltd. 195 208 SHORT-TERM INVESTMENTS 1.8% 400,000 Canadian Treasury Bill, 0.69%, Jul 12, 2018 400 400 Investments 19,311 22,456 Transaction costs (5) Total investments 19,306 22,456 Other assets less liabilities (0.3%) (66) Net assets attributable to unitholders 100.0% 22,390

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Energy 19.2 19.2 Materials 9.3 9.0 Industrials 10.9 10.6 Consumer Discretionary 8.3 9.8 Consumer Staples 5.0 4.6 Financials 34.1 33.5 Information Technology 7.8 7.5 Telecommunication Services 3.0 2.8 Real Estate 0.9 1.3 Short-Term Investments 1.8 1.4 Other assets less liabilities (0.3) 0.3 100.0 100.0

The accompanying notes are an integral part of the financial statements.

163 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY POOLED FUND POOLED FUND

Assets Income Current assets Interest for distribution purposes 3 2 Investments, at fair value 69,197 62,790 Dividend income 827 835 Cash 166 121 Foreign exchange gain (loss) on currency 6 (3) Receivable from investments sold 233 - Realized gain (loss) on sales of investments 843 7,870 Receivable from Manager - 45 Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 165 132 in the value of investments 309 (6,885) 69,761 63,088 1,988 1,819 Expenses Liabilities Audit fees 2 2 Current liabilities Transfer agent fees 1 2 Payable on investments purchased 1,143 - Filing fees 1 - Accrued expenses and other liabilities 9 15 Unitholder reporting costs 9 1 1,152 15 Custodial fees 6 44 Transaction costs 9 33 Net assets attributable to unitholders 68,609 63,073 28 82 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager (3) (24) 94.96 92.14 Net operating expenses 25 58 Increase (decrease) in net assets attributable to unitholders 1,963 1,761 Increase (decrease) in net assets attributable to unitholders per unit 2.86 2.44

Signed on behalf of the Fund Manager for Manulife Asset Management Capped Cana- Bernard Letendre Warren Thomson dian Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

164 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY POOLED FUND POOLED FUND

Total security transactions 3,573 (13,661) Net cash provided by (used in) operating activities (3,534) 17,862 Net assets attributable to unitholders - end of period 68,609 59,152 Cash flows from financing activities Changes due to unitholder transactions(Note 4) Proceeds from sale of units 4,399 13,091 Units outstanding beginning of period 685 773 Payments for units redeemed (826) (30,930) Units issued 46 131 Units issued for reinvestment of distributions - 43 Net cash provided by (used in) financing Units redeemed (9) (319) activities 3,573 (17,839)

Units outstanding end of period 722 628 Change in unrealized foreign exchange gain (loss) on currency 6 (3) Net increase (decrease) in cash 39 20 Cash (bank overdraft) beginning of period 121 86 Cash (bank overdraft) end of period 166 106 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 3 2 Dividends received, net of foreign withholding taxes 792 833

The accompanying notes are an integral part of the financial statements.

165 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY MANULIFE ASSET MANAGEMENT CAPPED CANADIAN EQUITY POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE EQUITIES 98.5% CONTRACTS NAME ($) (’000) ($) (’000) Canada 98.5% Information Technology 7.9% Energy 19.3% 41,412 CGI Group, Inc., Class A 2,218 3,450 81,772 Canadian Natural Resources Ltd. 3,126 3,880 42,323 Open Text Corp. 1,517 1,958 44,240 Enbridge, Inc. 2,276 2,079 41,956 Keyera Corp. 1,481 1,535 3,735 5,408 24,270 Parkland Fuel Corp. 692 784 Telecommunication Services 3.0% 34,850 PrairieSky Royalty Ltd. 853 904 32,799 Rogers Communications, Inc., Class B 1,750 2,048 57,628 Suncor Energy, Inc. 2,253 3,083 Real Estate 0.9% 106,350 Whitecap Resources, Inc. 877 948 21,859 Altus Group Ltd. 603 641 11,558 13,213 SHORT-TERM INVESTMENTS 2.4% Materials 9.2% 1,620,000 Merit Trust, 17,928 Agnico Eagle Mines Ltd. 1,034 1,081 0.73%, Jul 03, 2018 1,620 1,620 29,938 CCL Industries, Inc., Class B 1,517 1,929 Investments 57,688 69,197 9,260 First Quantum Minerals Ltd. 150 179 6,586 Franco-Nevada Corp. 559 632 Transaction costs (22) 45,524 Goldcorp, Inc. 1,098 822 Total investments 57,666 69,197 53,247 Lundin Mining Corp. 326 389 11,864 Nutrien Ltd. 633 849 Other assets less liabilities (0.9%) (588) 13,458 Teck Resources Ltd. 402 451 Net assets attributable to unitholders 5,719 6,332 100.0% 68,609 Industrials 10.7% CONCENTRATION RISK 37,286 CAE, Inc. 620 1,018 The following table shows a summary of the Fund’s concentration risk. 19,519 Canadian National Railway Co. 1,203 2,099 10,252 Canadian Pacific Railway Ltd. 2,137 2,470 % of Net assets attributable to 40,474 Finning International, Inc. 1,072 1,313 unitholders 8,260 Toromont Industries Ltd. 285 470 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 5,317 7,370 Equities Canada Consumer Discretionary 8.3% Energy 19.3 19.2 11,624 Cogeco Communications, Inc. 824 757 Materials 9.2 9.0 19,048 Dollarama, Inc. 526 970 Industrials 10.7 10.7 14,224 Gildan Activewear, Inc. 433 527 Consumer Discretionary 8.3 9.8 13,914 Magna International, Inc. 639 1,064 Consumer Staples 5.0 4.6 48,992 Quebecor, Inc., Class B 928 1,319 Financials 34.2 33.6 13,389 Restaurant Brands International, Inc. 868 1,062 Information Technology 7.9 7.6 Telecommunication Services 3.0 2.9 4,218 5,699 Real Estate 0.9 1.2 Consumer Staples 5.0% Short-Term Investments 2.4 1.0 23,299 Loblaw Cos., Ltd. 1,463 1,575 Other assets less liabilities (0.9) 0.4 22,549 Metro, Inc. 919 1,008 100.0 100.0 18,591 Saputo, Inc. 776 811 3,158 3,394 Financials 34.2% 37,825 Brookfield Asset Management, Inc., Class A 1,609 2,017 26,678 Canadian Imperial Bank of Commerce 2,916 3,051 20,779 Intact Financial Corp. 1,819 1,938 33,714 Royal Bank of Canada 2,781 3,337 55,523 Sun Life Financial, Inc. 2,554 2,933 53,753 The Bank of Nova Scotia 3,948 4,001 64,899 The Toronto-Dominion Bank 3,428 4,938 14,579 TMX Group Ltd. 955 1,257 20,010 23,472

The accompanying notes are an integral part of the financial statements.

166 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 14 3 Investments, at fair value 40,326 40,358 Dividend income 575 231 Cash 19 20 Distribution income from underlying funds - 13 Subscriptions receivable 22 20 Realized gain (loss) on sales of investments 934 234 Receivable from investments sold 116 - Change in unrealized appreciation (depreciation) Receivable from Manager - 25 in the value of investments (1,398) (336) Interest, dividends and other receivables 124 111 125 145 40,607 40,534 Expenses Audit fees 2 2 Liabilities Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 6 1 Redemptions payable 20 8 Custodial fees 11 19 Payable on investments purchased 210 - Transaction costs 16 5 Accrued expenses and other liabilities 8 13 36 29 238 21 Less operating expenses absorbed by manager (11) (20) Net assets attributable to unitholders 40,369 40,513 Net operating expenses 25 9 Net assets attributable to unitholders per unit Increase (decrease) in net assets 124.35 124.07 attributable to unitholders 100 136 Increase (decrease) in net assets attributable to unitholders per unit 0.30 0.90

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 40,513 17,604 Increase (decrease) in net assets attributable to unitholders 100 136 Security Transactions Proceeds from units issued 1,110 798 Redemption of units (1,354) (1,045)

Total security transactions (244) (247)

Net assets attributable to unitholders - end of period 40,369 17,493

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 327 154 Units issued 9 7 Units issued for reinvestment of distributions - - Units redeemed (11) (9)

Units outstanding end of period 325 152

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian Value Bernard Letendre Warren Thomson Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

167 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 94.9% unitholders 100 136 Canada 94.9% Adjustments for: Energy 15.2% Distributions from underlying funds - (13) 47,870 Birchcliff Energy Ltd. 236 231 Realized gain (loss) on sales of investments (934) (234) 4,655 Cameco Corp. 66 69 Change in unrealized appreciation (depreciation) 12,810 Canadian Natural Resources Ltd. 469 608 in the value of investments 1,398 336 29,960 Cenovus Energy, Inc. 338 409 Purchases of investments (86,970) (16,497) 17,260 Enbridge Income Fund Holdings, Inc. 481 556 Proceeds from disposition of investments 86,632 16,697 5,810 Enbridge, Inc. 284 273 Receivable from Manager 25 (2) 30,498 Enerplus Corp. 423 506 Interest, dividends and other receivables (13) (2) 10,144 Imperial Oil Ltd. 403 443 Accrued expenses and other liabilities (5) 6 19,485 Inter Pipeline Ltd. 465 480 Net cash provided by (used in) operating 11,300 Parex Resources, Inc. 255 281 activities 233 427 63,879 Peyto Exploration & Development Corp. 1,165 646 29,500 Seven Generations Energy Ltd. 491 427 Cash flows from financing activities 22,319 ShawCor Ltd. 692 570 Proceeds from sale of units 1,108 809 11,754 Suncor Energy, Inc. 444 629 Payments for units redeemed (1,342) (1,021) 6,212 6,128 Net cash provided by (used in) financing activities (234) (212) Materials 7.0% 14,320 First Quantum Minerals Ltd. 189 277 Net increase (decrease) in cash (1) 215 5,980 Franco-Nevada Corp. 515 574 Cash (bank overdraft) beginning of period 20 21 24,326 Intertape Polymer Group, Inc. 467 440 Cash (bank overdraft) end of period 19 236 12,965 Labrador Iron Ore Royalty Corp. 217 312 16,792 Nutrien Ltd. 1,080 1,201 Supplemental information on cash flows from operating activities: 397 West Fraser Timber Co., Ltd. 21 36 Interest received, net of foreign withholding taxes 14 3 2,489 2,840 Dividends received, net of foreign withholding Industrials 14.5% taxes 566 229 9,487 Badger Daylighting Ltd. 234 300 10,990 Canadian National Railway Co. 921 1,182 2,310 Canadian Pacific Railway Ltd. 433 557 11,426 Maxar Technologies Ltd. 726 754 8,244 NFI Group, Inc. 398 404 12,139 Russel Metals, Inc. 351 326 3,408 TFI International, Inc. 106 138 18,751 Transcontinental, Inc. 403 573 13,267 Wajax Corp. 294 330 51,560 Westjet Airlines Ltd. 1,195 935 15,503 Westshore Terminals Investment Corp. 353 369 5,414 5,868 Consumer Discretionary 10.5% 4,029 Canadian Tire Corp., Ltd., Class A 556 691 12,546 Cogeco Communications, Inc. 896 817 43,182 Corus Entertainment, Inc. 544 214 27,028 Dorel Industries, Inc. 752 603 20,075 Gildan Activewear, Inc. 734 743 12,430 Magna International, Inc. 773 951 8,074 Recipe Unlimited Corp 230 230 4,485 4,249 Consumer Staples 6.5% 7,948 Alimentation Couche-Tard, Inc., Class B 474 454 5,802 Empire Co., Ltd., Class A 125 153 26,804 Metro, Inc. 1,077 1,198

The accompanying notes are an integral part of the financial statements.

168 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN VALUE EQUITY POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 10,858 Saputo, Inc. 441 474 Transaction costs (25) 11,270 The North West Co., Inc. 311 330 Total investments 38,540 40,326 2,428 2,609 Other assets less liabilities 0.1% 43 Health Care 0.6% Net assets attributable to unitholders 7,580 Valeant Pharmaceuticals International, Inc. 206 232 100.0% 40,369 Financials 27.8% 31,766 Alaris Royalty Corp. 688 506 CONCENTRATION RISK 6,400 Bank of Montreal 615 650 The following table shows a summary of the Fund’s concentration risk. 13,980 Brookfield Asset Management, Inc., Class A 659 746 % of Net assets attributable to 10,330 Canadian Imperial Bank of Commerce 1,089 1,181 unitholders 42,341 CI Financial Corp. 1,212 1,001 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 848 Fairfax Financial Holdings Ltd. 505 625 20,764 IGM Financial, Inc. 835 791 Equities 8,160 National Bank of Canada 425 515 Canada 43,120 Power Corp. of Canada 1,315 1,270 Energy 15.2 14.8 Materials 7.0 8.7 11,700 Royal Bank of Canada 958 1,158 Industrials 14.5 13.4 12,100 Sun Life Financial, Inc. 559 639 Consumer Discretionary 10.5 9.5 12,850 The Bank of Nova Scotia 887 957 Consumer Staples 6.5 5.3 15,390 The Toronto-Dominion Bank 862 1,171 Health Care 0.6 - 10,609 11,210 Financials 27.8 28.1 Information Technology 6.3 5.2 Information Technology 6.3% Telecommunication Services 3.4 2.4 90,304 Celestica, Inc. 1,324 1,411 Utilities 0.7 0.4 2,354 CGI Group, Inc., Class A 145 196 Real Estate 2.4 2.8 14,512 Computer Modelling Group Ltd. 131 147 Short-Term Investments 5.0 9.0 17,149 Open Text Corp. 662 794 Other assets less liabilities 0.1 0.4 2,262 2,548 100.0 100.0 Telecommunication Services 3.4% 8,750 BCE, Inc. 477 466 3,200 Rogers Communications, Inc., Class B 199 200 15,531 TELUS Corp. 636 725 1,312 1,391 Utilities 0.7% 6,755 Atco Ltd. 295 274 Real Estate 2.4% 33,469 Cominar REIT 441 429 16,703 Northview Apartment REIT 306 439 8,431 Tricon Capital Group, Inc. 90 93 837 961 SHORT-TERM INVESTMENTS 5.0% 1,600,000 Canadian Treasury Bill, 0.53%, Sep 06, 2018 1,596 1,596 420,000 Merit Trust, 0.73%, Jul 03, 2018 420 420 2,016 2,016 Investments 38,565 40,326

The accompanying notes are an integral part of the financial statements.

169 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED FUND FUND

Assets Income Current assets Dividend income 29 5 Investments, at fair value 5,459 1,675 Realized gain (loss) on sales of investments 126 57 Cash 71 54 Change in unrealized appreciation (depreciation) Receivable from investments sold 211 17 in the value of investments 156 7 Interest, dividends and other receivables 11 1 311 69 5,752 1,747 Expenses Liabilities Audit fees 2 1 Transfer agent fees 1 1 Current liabilities Unitholder reporting costs 2 2 Payable on investments purchased 19 - Custodial fees 6 4 Accrued expenses and other liabilities 6 6 Transaction costs 8 - 25 6 19 8 Net assets attributable to unitholders 5,727 1,741 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders 292 61 10.45 10.01 Increase (decrease) in net assets attributable to unitholders per unit 0.81 0.40

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 1,741 - Increase (decrease) in net assets attributable to unitholders 292 61 Security Transactions Proceeds from units issued 3,694 1,526

Total security transactions 3,694 1,526

Net assets attributable to unitholders - end of period 5,727 1,587

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 174 - Units issued 374 153 Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 548 153

Signed on behalf of the Fund Manager for Manulife Asset Management Canadian All Bernard Letendre Warren Thomson Cap Focused Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

170 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 95.3% unitholders 292 61 Canada 95.3% Adjustments for: Energy 5.3% Realized gain (loss) on sales of investments (126) (57) 9,434 Enbridge Income Fund Holdings, Inc. 261 304 Change in unrealized appreciation (depreciation) in the value of investments (156) (7) Materials 3.6% Purchases of investments (7,471) (3,643) 3,229 CCL Industries, Inc., Class B 207 208 Proceeds from disposition of investments 3,794 2,155 Industrials 20.7% Interest, dividends and other receivables (10) (1) 2,172 Badger Daylighting Ltd. 57 69 Accrued expenses and other liabilities - 3 19,545 Distinct Infrastructure Group, Inc. 29 19 Net cash provided by (used in) operating 44,675 EnWave Corp. 58 56 activities (3,677) (1,489) 13,411 Hardwoods Distribution, Inc. 249 229 8,740 Richelieu Hardware Ltd. 249 239 Cash flows from financing activities 10,523 Savaria Corp. 177 169 Proceeds from sale of units 3,694 1,526 4,456 Toromont Industries Ltd. 247 253 Net cash provided by (used in) financing 8,217 Westjet Airlines Ltd. 182 149 activities 3,694 1,526 1,248 1,183 Net increase (decrease) in cash 17 37 Consumer Discretionary 26.0% Cash (bank overdraft) beginning of period 54 - 6,870 Aritzia, Inc. 88 107 Cash (bank overdraft) end of period 71 37 1,651 Canada Goose Holdings, Inc. 82 128 2,775 Dollarama, Inc. 139 141 Supplemental information on cash flows from operating activities: 19,387 Freshii, Inc. 126 120 Dividends received, net of foreign withholding 5,389 MTY Food Group, Inc. 258 271 taxes 19 4 3,965 Restaurant Brands International, Inc. 279 314 10,698 Roots Corp. 135 115 2,358 Spin Master Corp. 116 138 3,254 The Stars Group, Inc. 150 155 1,373 1,489 Consumer Staples 9.2% 4,160 Alimentation Couche-Tard, Inc., Class B 225 238 9,871 The North West Co., Inc. 270 289 495 527 Health Care 7.5% 10,112 Aphria, Inc. 102 120 6,756 Biosyent, Inc. 68 63 797 CannTrust Holdings, Inc., Warrants, Expiry Jun 05, 2020 - - 6,342 CannTrust Holdings, Inc. 56 50 1,390 Canopy Growth Corp. 38 53 13,895 CRH Medical Corp. 48 57 17,758 ImmunoPrecise Antibodies Ltd. 13 21 12,286 The Hydropothecary Corp. 50 65 375 429 Financials 2.8% 6,422 CI Financial Corp. 174 152 243 goeasy Ltd. 8 10 182 162 Information Technology 20.2% 7,490 BlackBerry Ltd. 97 95 286 Constellation Software, Inc. 241 291 3,370 Enghouse Systems Ltd. 222 259 2,044 Kinaxis, Inc. 163 181

The accompanying notes are an integral part of the financial statements.

171 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED MANULIFE ASSET MANAGEMENT CANADIAN ALL CAP FOCUSED EQUITY POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 107,108 Lite Access Technologies, Inc. 108 75 56,849 Photon Control, Inc. 103 134 236 Shopify, Inc. 35 45 6,664 Solium Capital, Inc. 72 77 1,041 1,157 Investments 5,182 5,459 Transaction costs (6) Total investments 5,176 5,459 Other assets less liabilities 4.7% 268 Net assets attributable to unitholders 100.0% 5,727

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Energy 5.3 - Materials 3.6 4.1 Industrials 20.7 21.6 Consumer Discretionary 26.0 24.0 Consumer Staples 9.2 3.8 Health Care 7.5 12.6 Financials 2.8 - Information Technology 20.2 22.9 Telecommunication Services - 4.0 United States Financials - 3.2 Other assets less liabilities 4.7 3.8 100.0 100.0

The accompanying notes are an integral part of the financial statements.

172 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND

Assets Income Current assets Dividend income 2,463 3,388 Investments, at fair value 360,904 378,325 Foreign exchange gain (loss) on income 10 (1) Cash 1,477 3,646 Foreign exchange gain (loss) on currency (252) (558) Subscriptions receivable 10 60 Realized gain (loss) on sales of investments 22,498 18,091 Receivable from investments sold 959 - Realized gain (loss) on derivatives (59) (91) Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 437 350 in the value of investments (2,967) 6,506 363,787 382,381 21,693 27,335 Liabilities Expenses Current liabilities Audit fees 2 3 Redemptions payable 1,447 158 Transfer agent fees 1 8 Accrued expenses and other liabilities 17 31 Interest expense & bank charges 3 - 1,464 189 Unitholder reporting costs 28 2 Custodial fees 12 44 Net assets attributable to unitholders 362,323 382,192 Foreign withholding taxes 295 587 Net assets attributable to unitholders per unit Transaction costs 87 118 12.64 11.93 428 762 Less operating expenses absorbed by manager - (4) Net operating expenses 428 758 Increase (decrease) in net assets attributable to unitholders 21,265 26,577 Increase (decrease) in net assets attributable to unitholders per unit 0.70 0.84

Signed on behalf of the Fund Manager for Manulife Asset Management US Large Cap Bernard Letendre Warren Thomson Core Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

173 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 21,265 26,577 Net assets attributable to unitholders - beginning of Adjustments for: period 382,192 380,040 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (36) 685 unitholders 21,265 26,577 Realized gain (loss) on sales of investments (22,498) (18,091) Net investment income - (2,139) Realized gain (loss) on derivatives 59 91 Net realized gains - (15,769) Change in unrealized appreciation (depreciation) Total distributions to unitholders - (17,908) in the value of investments 2,967 (6,506) Security Transactions Purchases of investments (63,051) (93,225) Proceeds from units issued 11,333 40,186 Proceeds from disposition of investments 98,985 98,082 Reinvestments of distributions to unitholders - 17,908 Receivable from Manager - (2) Redemption of units (52,467) (29,165) Interest, dividends and other receivables (87) 114 Accrued expenses and other liabilities (14) 2 Total security transactions (41,134) 28,929 Net cash provided by (used in) operating Net assets attributable to unitholders - end of period 362,323 417,638 activities 37,590 7,727 Changes due to unitholder transactions(Note 4) Cash flows from financing activities Units outstanding beginning of period 32,043 31,895 Proceeds from sale of units 11,383 40,232 Units issued 908 3,151 Payments for units redeemed (51,178) (28,768) Units issued for reinvestment of distributions - 1,424 Units redeemed (4,294) (2,385) Net cash provided by (used in) financing activities (39,795) 11,464 Units outstanding end of period 28,657 34,085 Change in unrealized foreign exchange gain (loss) on currency 36 (685) Net increase (decrease) in cash (2,205) 18,506 Cash (bank overdraft) beginning of period 3,646 4,928 Cash (bank overdraft) end of period 1,477 23,434 Supplemental information on cash flows from operating activities: Dividends received, net of foreign withholding taxes 2,081 2,914 Interest paid 3 -

The accompanying notes are an integral part of the financial statements.

174 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE EQUITIES 99.6% CONTRACTS NAME ($) (’000) ($) (’000) United States 89.7% 216,353 eBay, Inc. 10,649 10,320 Energy 2.9% 49,703 Facebook, Inc. 9,115 12,705 83,054 Baker Hughes, a GE Co. 3,191 3,609 20,671 Visa, Inc., Class A 2,511 3,602 78,941 Cheniere Energy, Inc. 5,187 6,769 59,433 Workday, Inc. 7,901 9,469 749 Chevron Corp. 96 125 57,672 82,521 8,474 10,503 Real Estate 1.5% Industrials 10.6% 29,438 American Tower Corp., Class A 4,011 5,583 9,077 Caterpillar, Inc. 990 1,620 1,346,719 General Electric Co. 34,345 24,110 259,723 325,153 33,717 Union Pacific Corp. 4,021 6,284 Global 9.9% 39,458 United Technologies Corp. 5,453 6,490 Energy 2.0% 44,809 38,504 83,684 Schlumberger Ltd. 7,892 7,379 Consumer Discretionary 24.2% Consumer Discretionary 1.0% 12,558 Amazon.com, Inc. 9,995 28,080 28,316 Sodexo SA 3,609 3,724 4,278 AutoZone, Inc. 3,466 3,776 Consumer Staples 2.4% 27,843 CarMax, Inc. 1,941 2,669 43,526 Anheuser-Busch InBev SA 6,801 5,769 4,273 Group 1 Automotive, Inc. 335 354 14,322 Diageo PLC, ADR 1,918 2,713 218,512 Lennar Corp., Class A 14,624 15,091 8,719 8,482 1,898 Lennar Corp., Class B 117 106 162,690 Liberty Media Corp.-Liberty Formula One, Health Care 4.5% Class C 7,906 7,946 56,476 Allergan PLC 15,927 12,386 667 Nike, Inc., Class B 46 70 31,974 Medtronic PLC 3,006 3,601 83,055 Polaris Industries, Inc. 9,720 13,349 808 Shire PLC, ADR 162 179 68,534 Starbucks Corp. 4,666 4,404 19,095 16,166 100,330 Tempur Sealy International, Inc. 7,162 6,341 86,167 Twenty-First Century Fox, Inc. 3,303 5,585 39,315 35,751 63,281 87,771 Investments 299,038 360,904 Consumer Staples 1.0% Transaction costs (162) 32,934 Wal-Mart Stores, Inc. 3,542 3,710 Total investments 298,876 360,904 Health Care 2.9% Other assets less liabilities 0.4% 1,419 9,322 Biogen, Inc. 3,535 3,559 Net assets attributable to unitholders 14,130 Danaher Corp. 1,617 1,834 100.0% 362,323 55,127 Gilead Sciences, Inc. 4,844 5,137 9,996 10,530 Financials 23.8% 21,490 Affiliated Managers Group, Inc. 4,416 4,203 31,491 American Express Co. 2,583 4,060 415,870 Bank of America Corp. 9,659 15,422 176,659 Citigroup, Inc. 12,865 15,551 47,921 First Republic Bank 5,360 6,101 36,981 JPMorgan Chase & Co. 2,809 5,069 141,889 Morgan Stanley 6,035 8,847 38,997 Prudential Financial, Inc. 4,994 4,797 20,778 Synchrony Financial 809 912 49,566 The Goldman Sachs Group, Inc. 11,821 14,382 91,698 Wells Fargo & Co. 6,587 6,687 67,938 86,031 Information Technology 22.8% 11,124 Alphabet, Inc., Class A 10,915 16,523 103,878 Apple, Inc. 11,938 25,295 100,813 Cargurus, Inc. 4,643 4,607

The accompanying notes are an integral part of the financial statements.

175 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND MANULIFE ASSET MANAGEMENT US LARGE CAP CORE POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy 2.9 1.9 Industrials 10.6 10.2 Consumer Discretionary 24.2 21.5 Consumer Staples 1.0 - Health Care 2.9 2.2 Financials 23.8 26.9 Information Technology 22.8 19.9 Real Estate 1.5 1.6 Global Energy 2.0 2.1 Industrials - 2.5 Consumer Discretionary 1.0 - Consumer Staples 2.4 3.7 Health Care 4.5 6.5 Other assets less liabilities 0.4 1.0 100.0 100.0

The accompanying notes are an integral part of the financial statements.

176 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

Assets Income Current assets Interest for distribution purposes 1,869 118 Investments, at fair value 1,223,463 1,299,504 Dividend income 12,150 13,106 Cash - 44 Foreign exchange gain (loss) on income 55 (9) Margin deposited on derivatives 2,501 1,269 Foreign exchange gain (loss) on currency 124 (121) Subscriptions receivable 277 1,585 Income from securities lending 2 11 Other income 2 3 Receivable from investments sold 1,140 1,351 Realized gain (loss) on sales of investments 73,365 49,825 Interest, dividends and other receivables 835 1,094 Realized gain (loss) on derivatives 1,462 3,027 Derivative assets - 353 Change in unrealized appreciation (depreciation) 1,228,216 1,305,200 in the value of investments 6,361 (17) Liabilities Change in unrealized appreciation (depreciation) in the value of derivatives (940) (45) Current liabilities Bank overdraft 8,292 - 94,450 65,898 Redemptions payable 637 349 Expenses Payable on investments purchased 605 446 Audit fees 2 5 Accrued expenses and other liabilities 37 62 Transfer agent fees 5 8 Derivative liabilities 586 - Interest expense & bank charges - 1 10,157 857 Unitholder reporting costs 29 3 Custodial fees 55 104 Net assets attributable to unitholders 1,218,059 1,304,343 Foreign withholding taxes 1,650 1,789 Net assets attributable to unitholders per unit Transaction costs 26 29 19.38 18.02 1,767 1,939 Less operating expenses absorbed by manager - (7) Net operating expenses 1,767 1,932 Increase (decrease) in net assets attributable to unitholders 92,683 63,966 Increase (decrease) in net assets attributable to unitholders per unit 1.37 0.94

Signed on behalf of the Fund Manager for Manulife Asset Management US Equity Index Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

177 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 92,683 63,966 Net assets attributable to unitholders - beginning of Adjustments for: period 1,304,343 1,253,579 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (128) 32 unitholders 92,683 63,966 Realized gain (loss) on sales of investments (73,365) (49,825) Security Transactions Realized gain (loss) on derivatives (1,462) (3,027) Proceeds from units issued 56,665 43,521 Change in unrealized appreciation (depreciation) Redemption of units (235,632) (159,026) in the value of investments (6,361) 17 Total security transactions (178,967) (115,505) Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 1,218,059 1,202,040 in the value of derivatives 940 45 Purchases of investments (699,902) (458,021) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 857,500 563,607 Units outstanding beginning of period 72,385 74,098 Margin deposited on derivatives (1,232) (97) Units issued 3,056 2,472 Receivable from Manager - (4) Units issued for reinvestment of distributions - - Interest, dividends and other receivables 259 359 Units redeemed (12,600) (9,328) Accrued expenses and other liabilities (25) 12 Units outstanding end of period 62,841 67,242 Net cash provided by (used in) operating activities 168,907 117,064 Cash flows from financing activities Proceeds from sale of units 57,973 42,145 Payments for units redeemed (235,344) (159,039) Net cash provided by (used in) financing activities (177,371) (116,894) Change in unrealized foreign exchange gain (loss) on currency 128 (32) Net increase (decrease) in cash (8,464) 138 Cash (bank overdraft) beginning of period 44 82 Cash (bank overdraft) end of period (8,292) 220 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 1,869 118 Dividends received, net of foreign withholding taxes 10,759 11,667

The accompanying notes are an integral part of the financial statements.

178 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) EQUITIES 97.6% United States 93.9% 5,178 Vulcan Materials Co. 397 879 Energy 5.7% 10,127 WestRock Co. 616 760 20,215 Anadarko Petroleum Corp. 1,628 1,948 18,894 29,109 5,453 Andeavor 404 941 Industrials 8.8% 14,914 Apache Corp. 1,309 917 23,275 3M Co. 3,298 6,023 16,256 Baker Hughes, a GE Co. 1,017 706 5,687 A. O. Smith Corp. 392 443 17,626 Cabot Oil & Gas Corp. 487 552 4,810 Alaska Air Group, Inc. 413 382 74,966 Chevron Corp. 8,490 12,468 16,461 American Airlines Group, Inc. 1,142 822 3,731 Cimarex Energy Co. 551 499 9,042 AMETEK, Inc. 505 858 5,827 Concho Resources, Inc. 777 1,061 16,613 Arconic, Inc. 747 372 45,913 ConocoPhillips 2,966 4,205 23,464 Caterpillar, Inc. 2,303 4,188 20,570 Devon Energy Corp. 1,224 1,190 5,461 CH Robinson Worldwide, Inc. 389 601 22,714 EOG Resources, Inc. 1,866 3,718 3,371 Cintas Corp. 234 821 9,906 EQT Corp. 742 719 8,122 Copart, Inc. 604 604 166,100 Exxon Mobil Corp. 15,484 18,076 34,344 CSX Corp. 1,002 2,881 34,367 Halliburton Co. 1,642 2,037 6,087 Cummins, Inc. 764 1,065 4,256 Helmerich & Payne, Inc. 310 357 12,731 Deere & Co. 1,247 2,341 10,288 Hess Corp. 774 905 25,251 Delta Air Lines, Inc. 916 1,646 6,925 HollyFrontier Corp. 661 623 6,035 Dover Corp. 338 581 74,725 Kinder Morgan, Inc. 3,033 1,737 24,687 Emerson Electric Co. 1,575 2,245 33,652 Marathon Oil Corp. 890 924 4,694 Equifax, Inc. 362 773 18,116 Marathon Petroleum Corp. 686 1,672 6,898 Expeditors International of Washington, 15,076 National Oilwell Varco, Inc. 953 861 Inc. 358 663 7,814 Newfield Exploration Co. 348 311 11,246 Fastenal Co. 488 712 18,977 Noble Energy, Inc. 952 881 9,633 FedEx Corp. 1,413 2,877 30,045 Occidental Petroleum Corp. 2,725 3,307 5,119 Flowserve Corp. 297 272 16,185 ONEOK, Inc. 911 1,487 5,471 Fluor Corp. 383 351 16,491 Phillips 66 1,080 2,436 12,086 Fortive Corp. 486 1,226 6,705 Pioneer Natural Resources Co. 1,082 1,669 5,756 Fortune Brands Home & Security, Inc. 420 407 32,343 The Williams Cos., Inc. 1,237 1,153 10,839 General Dynamics Corp. 1,222 2,658 16,931 Valero Energy Corp. 817 2,468 340,830 General Electric Co. 9,809 6,102 55,046 69,828 29,301 Honeywell International, Inc. 2,674 5,552 Materials 2.4% 1,733 Huntington Ingalls Industries, Inc. 494 494 8,613 Air Products & Chemicals, Inc. 1,147 1,764 11,952 Illinois Tool Works, Inc. 981 2,178 4,326 Albemarle Corp. 450 537 4,709 Jacobs Engineering Group, Inc. 280 393 3,436 Avery Dennison Corp. 198 461 3,346 JB Hunt Transport Services, Inc. 344 535 13,685 Ball Corp. 459 640 4,029 Kansas City Southern 488 562 9,120 CF Industries Holdings, Inc. 400 533 3,104 L3 Technologies, Inc. 369 785 91,071 DowDuPont, Inc. 4,731 7,897 9,739 Lockheed Martin Corp. 1,576 3,785 5,588 Eastman Chemical Co. 395 735 12,251 Masco Corp. 270 603 10,160 Ecolab, Inc. 977 1,876 11,107 Norfolk Southern Corp. 1,002 2,204 5,252 FMC Corp. 316 616 6,837 Northrop Grumman Corp. 869 2,767 52,636 Freeport-McMoRan, Inc. 1,549 1,195 13,760 PACCAR, Inc. 819 1,122 3,084 International Flavors & Fragrances, Inc. 290 503 5,201 Parker-Hannifin Corp. 590 1,066 16,303 International Paper Co. 789 1,117 6,014 Quanta Services, Inc. 183 264 2,455 Martin Marietta Materials, Inc. 390 721 5,068 Raymond James Financial, Inc. 527 596 13,715 Mosaic Co. 708 506 11,276 Raytheon Co. 1,056 2,865 20,852 Newmont Mining Corp. 814 1,034 8,801 Republic Services, Inc. 343 791 12,428 Nucor Corp. 634 1,022 4,858 Robert Half International, Inc. 220 416 3,688 Packaging Corporation of America 502 542 4,932 Rockwell Automation, Inc. 542 1,078 9,796 PPG Industries, Inc. 844 1,337 6,475 Rockwell Collins, Inc. 625 1,147 11,283 Praxair, Inc. 1,384 2,347 4,051 Roper Industries, Inc. 602 1,470 6,332 Sealed Air Corp. 235 354 2,217 Snap-on, Inc. 251 469 3,233 The Sherwin-Williams Co. 669 1,733 20,937 Southwest Airlines Co. 576 1,401 6,065 Stanley Black & Decker, Inc. 587 1,060

The accompanying notes are an integral part of the financial statements.

179 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 3,348 Stericycle, Inc. 394 288 19,628 MGM Resorts International 836 749 10,045 Textron, Inc. 393 871 2,473 Mohawk Industries, Inc. 456 697 21,484 The Boeing Co. 2,773 9,482 17,056 Netflix, Inc. 1,187 8,782 1,925 TransDigm Group, Inc. 673 874 18,974 Newell Rubbermaid, Inc. 902 644 30,425 Union Pacific Corp. 2,474 5,670 15,370 News Corp., Class A 233 313 9,253 United Continental Holdings, Inc. 710 849 4,508 News Corp., Class B 79 94 27,058 United Parcel Service, Inc., Class B 2,770 3,781 50,328 Nike, Inc., Class B 2,011 5,275 3,304 United Rentals, Inc. 414 642 4,561 Nordstrom, Inc. 275 311 29,188 United Technologies Corp. 3,149 4,801 8,878 Omnicom Group, Inc. 631 891 6,064 Verisk Analytics, Inc., Class A 637 859 3,217 O’Reilly Automotive, Inc. 457 1,158 15,593 Waste Management, Inc. 777 1,668 10,303 PulteGroup, Inc. 207 390 1,996 WW Grainger, Inc. 424 810 3,009 PVH Corp. 387 593 7,031 Xylem, Inc. 263 623 2,169 Ralph Lauren Corp. 319 359 14,830 Ross Stores, Inc. 536 1,653 63,226 106,735 54,156 Starbucks Corp. 2,052 3,480 Consumer Discretionary 12.2% 11,343 Tapestry, Inc. 587 697 2,893 Advance Auto Parts, Inc. 582 516 20,925 Target Corp. 1,410 2,095 15,802 Amazon.com, Inc. 6,949 35,333 9,401 The Goodyear Tire & Rubber Co. 247 288 1,047 AutoZone, Inc. 527 924 45,260 The Home Depot, Inc. 3,851 11,616 9,630 Best Buy Co., Inc. 371 945 24,618 The TJX Cos., Inc. 1,332 3,082 1,890 Booking Holdings, Inc. 1,927 5,040 3,983 Tiffany & Co. 335 689 7,739 BorgWarner, Inc. 391 439 4,769 Tractor Supply Co. 411 480 6,945 CarMax, Inc. 340 666 4,176 TripAdvisor, Inc. 293 306 13,493 CBS Corp., Class B 652 998 17,143 Twenty-First Century Fox, Inc. 593 1,111 7,272 Charter Communications, Inc. 2,639 2,805 41,435 Twenty-First Century Fox, Inc., Class A 1,188 2,708 961 Chipotle Mexican Grill, Inc. 484 545 2,228 Ulta Salon Cosmetics & Fragrance, Inc. 589 684 180,165 Comcast Corp., Class A 4,796 7,776 7,323 Under Armour, Inc., Class A 478 217 4,827 Darden Restaurants, Inc. 291 680 7,389 Under Armour, Inc., Class C 10 205 6,250 Discovery Communications, Inc., Class A 343 226 12,873 VF Corp. 703 1,380 13,307 Discovery Communications, Inc., Class C 498 446 13,801 Viacom, Inc., Class B 1,002 547 8,920 DISH Network Corp. 743 394 58,329 Walt Disney Co. 4,677 8,042 9,981 Dollar General Corp. 673 1,295 2,538 Whirlpool Corp. 373 488 9,373 Dollar Tree, Inc. 654 1,048 3,325 Wynn Resorts Ltd. 531 732 13,588 DR Horton, Inc. 382 733 12,687 Yum! Brands, Inc. 899 1,305 4,784 Expedia, Inc. 491 756 71,152 148,869 4,581 Foot Locker, Inc. 374 317 153,613 Ford Motor Co. 2,505 2,237 Consumer Staples 7.0% 8,519 Gap, Inc. 309 363 74,282 Altria Group, Inc. 3,124 5,549 49,792 General Motors Co. 2,044 2,581 21,862 Archer-Daniels-Midland Co. 908 1,318 5,737 Genuine Parts Co. 465 693 10,223 Brown-Forman Corp., Class B 348 659 8,177 H&R Block, Inc. 236 245 7,522 Campbell Soup Co. 366 401 14,094 Hanesbrands, Inc. 590 408 9,721 Church & Dwight Co., Inc. 576 680 6,589 Harley-Davidson, Inc. 399 365 34,214 Colgate-Palmolive Co. 2,170 2,917 4,522 Hasbro, Inc. 275 549 15,418 Conagra Brands, Inc. 552 725 10,974 Hilton Worldwide Holdings, Inc. 1,033 1,143 6,595 Constellation Brands, Inc. 620 1,899 15,036 Interpublic Group of Cos., Inc. 293 464 17,211 Costco Wholesale Corp. 2,148 4,731 6,568 Kohl’s Corp. 414 630 18,464 Coty, Inc. 569 343 9,602 L Brands, Inc. 617 466 39,897 CVS Health Corp. 2,745 3,377 5,171 Leggett & Platt, Inc. 189 304 8,777 Estee Lauder Cos., Inc. 642 1,647 10,675 Lennar Corp., Class A 575 737 23,272 General Mills, Inc. 1,200 1,355 12,104 LKQ Corp. 500 508 5,506 Hershey Co. 502 674 32,257 Lowe’s Cos., Inc. 1,693 4,055 10,557 Hormel Foods Corp. 259 517 12,161 Macy’s, Inc. 565 599 9,870 Kellogg Co. 656 907 11,648 Marriott International, Inc., Class A 827 1,940 13,708 Kimberly-Clark Corp. 1,432 1,900 13,366 Mattel, Inc. 444 289 23,502 Kraft Heinz Co. 1,366 1,942 30,807 McDonald’s Corp. 2,995 6,350 4,733 McCormick & Co., Inc. 342 723

The accompanying notes are an integral part of the financial statements.

180 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 7,229 Molson Coors Brewing Co. 537 647 7,931 McKesson Corp. 1,276 1,392 57,876 Mondelez International, Inc., Class A 1,927 3,121 105,563 Merck & Co., Inc. 5,764 8,429 16,163 Monster Beverage Corp. 589 1,218 996 Mettler-Toledo International, Inc. 526 758 55,673 PepsiCo, Inc. 4,965 7,973 6,290 Nektar Therapeutics 848 404 60,988 Philip Morris International, Inc. 5,116 6,478 4,319 PerkinElmer, Inc. 189 416 18,768 Sysco Corp. 723 1,686 229,517 Pfizer, Inc. 7,411 10,954 5,058 The Clorox Co. 511 900 5,305 Quest Diagnostics, Inc. 354 767 150,275 The Coca-Cola Co. 6,295 8,670 3,049 Regeneron Pharmaceuticals, Inc. 1,160 1,384 4,440 The JM Smucker Co. 492 628 5,588 ResMed, Inc. 543 761 31,916 The Kroger Co. 761 1,194 12,593 Stryker Corp. 1,164 2,797 98,665 The Procter & Gamble Co. 8,248 10,131 1,916 The Cooper Cos., Inc. 466 593 11,631 Tyson Foods, Inc., Class A 480 1,053 15,786 Thermo Fisher Scientific, Inc. 1,859 4,301 33,473 Walgreens Boots Alliance, Inc. 2,349 2,643 37,702 UnitedHealth Group, Inc. 3,490 12,168 56,738 Wal-Mart Stores, Inc. 4,372 6,393 3,404 Universal Health Services, Inc. 448 499 3,569 Varian Medical Systems, Inc. 266 534 57,890 84,999 10,001 Vertex Pharmaceuticals, Inc. 1,084 2,236 Health Care 12.6% 3,079 Waters Corp. 344 784 68,795 Abbott Laboratories 2,955 5,519 7,942 Zimmer Biomet Holdings, Inc. 864 1,164 59,461 AbbVie, Inc. 3,128 7,247 18,941 Zoetis, Inc. 812 2,123 1,666 ABIOMED, Inc. 834 897 87,146 153,498 12,832 Aetna, Inc. 1,008 3,098 12,615 Agilent Technologies, Inc. 660 1,026 Financials 12.8% 8,744 Alexion Pharmaceuticals, Inc. 1,418 1,428 2,131 Affiliated Managers Group, Inc. 480 417 2,819 Align Technology, Inc. 544 1,269 30,469 Aflac, Inc. 980 1,724 6,354 AmerisourceBergen Corp. 448 713 13,755 Allstate Corp. 793 1,651 26,128 Amgen, Inc. 3,202 6,344 28,014 American Express Co. 2,131 3,611 9,996 Anthem, Inc. 1,106 3,130 35,144 American International Group, Inc. 2,274 2,451 19,298 Baxter International, Inc. 771 1,875 5,657 Ameriprise Financial, Inc. 563 1,041 10,485 Becton Dickinson and Co. 1,667 3,304 7,094 Arthur J Gallagher & Co. 453 609 8,270 Biogen, Inc. 1,960 3,158 2,053 Assurant, Inc. 132 280 54,161 Boston Scientific Corp. 902 2,330 370,003 Bank of America Corp. 7,061 13,721 64,140 Bristol-Myers Squibb Co. 3,454 4,669 39,657 Bank of New York Mellon Corp. 1,573 2,813 12,133 Cardinal Health, Inc. 866 779 30,627 BB&T Corp. 1,258 2,032 27,739 Celgene Corp. 2,310 2,898 75,512 Berkshire Hathaway, Inc., Class B 9,846 18,540 8,052 Centene Corp. 776 1,305 4,837 BlackRock, Inc. 1,519 3,175 12,352 Cerner Corp. 701 972 3,690 Brighthouse Financial, Inc. 227 195 9,546 Cigna Corp. 892 2,134 19,107 Capital One Financial Corp. 1,428 2,310 24,125 Danaher Corp. 1,477 3,132 4,407 Cboe Global Markets, Inc. 481 603 5,485 DaVita, Inc. 339 501 5,833 Cincinnati Financial Corp. 323 513 8,982 DENTSPLY SIRONA, Inc. 562 517 100,051 Citigroup, Inc. 6,293 8,808 8,273 Edwards Lifesciences Corp. 475 1,584 19,052 Citizens Financial Group, Inc. 578 975 37,481 Eli Lilly & Co. 2,468 4,207 13,358 CME Group, Inc. 1,265 2,880 4,824 Envision Healthcare Corp. 421 279 6,755 Comerica, Inc. 346 808 22,064 Express Scripts Holding Co. 1,627 2,241 13,695 Discover Financial Services 641 1,268 51,018 Gilead Sciences, Inc. 3,414 4,754 10,412 E*TRADE Financial Corp. 280 838 10,944 HCA Holdings, Inc. 1,013 1,477 26,831 Fifth Third Bancorp 619 1,013 6,010 Henry Schein, Inc. 545 574 12,450 Franklin Resources, Inc. 621 525 10,811 Hologic, Inc. 500 565 43,110 Huntington Bancshares, Inc. 483 837 5,412 Humana, Inc. 650 2,119 22,761 Intercontinental Exchange, Inc. 1,055 2,202 3,406 IDEXX Laboratories, Inc. 533 977 11,862 Jefferies Financial Group, Inc. 358 355 5,778 Illumina, Inc. 1,368 2,123 133,585 JPMorgan Chase & Co. 8,214 18,311 6,868 Incyte Corp. 1,190 605 41,473 KeyCorp 616 1,066 4,446 Intuitive Surgical, Inc. 821 2,798 8,537 Lincoln National Corp. 432 699 5,609 IQVIA Holdings, Inc. 667 737 10,269 Loews Corp. 472 652 105,236 Johnson & Johnson 10,125 16,797 5,709 M&T Bank Corp. 746 1,278 4,032 Laboratory Corp. of America Holdings 481 952 19,952 Marsh & McLennan Cos., Inc. 1,034 2,151

The accompanying notes are an integral part of the financial statements.

181 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 39,896 MetLife, Inc. 1,886 2,288 94,112 Facebook, Inc. 8,765 24,057 6,552 Moody’s Corp. 485 1,470 13,031 Fidelity National Information Services, Inc. 828 1,818 53,482 Morgan Stanley 1,979 3,335 16,028 Fiserv, Inc. 467 1,562 3,492 MSCI, Inc. 651 760 3,527 FleetCor Technologies, Inc. 1,030 977 4,556 Nasdaq, Inc. 210 547 5,431 FLIR Systems, Inc. 194 371 8,316 Northern Trust Corp. 582 1,126 3,552 Gartner, Inc. 519 621 13,578 People’s United Financial, Inc. 238 323 6,300 Global Payments, Inc. 605 924 10,532 Principal Financial Group, Inc. 511 734 4,641 Harris Corp. 350 882 22,907 Progressive Corp. 679 1,782 59,955 Hewlett Packard Enterprise Co. 697 1,152 16,498 Prudential Financial, Inc. 1,379 2,029 64,425 HP, Inc. 2,294 1,923 43,891 Regions Financial Corp. 500 1,027 182,762 Intel Corp. 5,596 11,951 9,860 S&P Global, Inc. 822 2,645 33,486 International Business Machines Corp. 5,984 6,154 14,370 State Street Corp. 1,030 1,760 9,567 Intuit, Inc. 760 2,571 18,305 SunTrust Banks, Inc. 788 1,590 1,479 IPG Photonics Corp. 461 429 2,067 SVB Financial Group 714 785 13,772 Juniper Networks, Inc. 429 497 27,938 Synchrony Financial 1,138 1,227 6,122 KLA-Tencor Corp. 398 826 9,486 T. Rowe Price Group, Inc. 752 1,449 6,442 Lam Research Corp. 457 1,465 47,120 The Charles Schwab Corp. 1,347 3,167 35,971 MasterCard, Inc., Class A 2,633 9,299 13,770 The Goldman Sachs Group, Inc. 2,557 3,995 9,250 Microchip Technology, Inc. 523 1,107 14,129 The Hartford Financial Services Group, Inc. 584 950 45,513 Micron Technology, Inc. 1,138 3,140 18,432 The PNC Financial Services Group, Inc. 1,674 3,276 301,455 Microsoft Corp. 13,230 39,104 10,608 The Travelers Cos., Inc. 930 1,707 6,331 Motorola Solutions, Inc. 428 969 4,147 Torchmark Corp. 199 444 10,473 NetApp, Inc. 472 1,082 61,160 U.S. Bancorp 2,520 4,024 23,819 NVIDIA Corp. 1,204 7,423 8,660 Unum Group 293 421 116,941 Oracle Corp. 4,646 6,778 172,092 Wells Fargo & Co. 8,525 12,550 12,627 Paychex, Inc. 599 1,135 7,687 Zions Bancorporation 256 533 43,799 PayPal Holdings, Inc. 1,515 4,798 4,946 Qorvo, Inc. 493 522 88,804 156,296 58,187 QUALCOMM, Inc. 4,008 4,296 Information Technology 24.8% 6,975 Red Hat, Inc. 439 1,233 29,876 Activision Blizzard, Inc. 1,484 2,999 27,680 Salesforce.com, Inc. 1,945 4,967 19,324 Adobe Systems, Inc. 1,396 6,198 7,132 Skyworks Solutions, Inc. 842 907 32,210 Advanced Micro Devices, Inc. 570 635 24,236 Symantec Corp. 606 658 6,648 Akamai Technologies, Inc. 382 640 5,814 Synopsys, Inc. 550 654 1,887 Alliance Data Systems Corp. 566 579 4,472 Take-Two Interactive Software, Inc. 628 696 11,719 Alphabet, Inc., Class A 10,356 17,407 38,371 Texas Instruments, Inc. 1,870 5,565 11,911 Alphabet, Inc., Class C 3,522 17,480 17,961 The Western Union Co. 370 480 11,834 Amphenol Corp., Class A 551 1,357 6,569 Total System Services, Inc. 249 730 14,566 Analog Devices, Inc. 956 1,838 25,703 Twitter, Inc. 1,334 1,477 3,331 ANSYS, Inc. 541 763 3,771 VeriSign, Inc. 275 682 192,850 Apple, Inc. 16,446 46,960 70,075 Visa, Inc., Class A 3,788 12,209 39,571 Applied Materials, Inc. 874 2,404 11,747 Western Digital Corp. 868 1,196 8,611 Autodesk, Inc. 567 1,485 8,364 Xerox Corp. 298 264 17,259 Automatic Data Processing, Inc. 1,337 3,045 9,960 Xilinx, Inc. 471 855 16,118 Broadcom Ltd. 3,197 5,145 129,338 301,652 4,632 Broadridge Financial Solutions, Inc. 699 701 12,223 CA, Inc. 415 573 Telecommunication Services 1.9% 11,060 Cadence Design Systems, Inc. 517 630 284,721 AT&T, Inc. 11,053 12,026 184,524 Cisco Systems, Inc. 4,926 10,445 38,564 CenturyLink, Inc. 1,278 946 5,057 Citrix Systems, Inc. 350 697 162,112 Verizon Communications, Inc. 8,349 10,729 22,984 Cognizant Technology Solutions Corp. 1,200 2,388 20,680 23,701 32,618 Corning, Inc. 722 1,180 11,150 DXC Technology Co. 838 1,182 Utilities 2.9% 36,285 eBay, Inc. 783 1,731 25,846 AES Corp. 390 456 12,053 Electronic Arts, Inc. 588 2,236 9,044 Alliant Energy Corp. 468 504 2,418 F5 Networks, Inc. 299 548 9,649 Ameren Corp. 422 772

The accompanying notes are an integral part of the financial statements.

182 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 19,375 American Electric Power Co., Inc. 1,061 1,765 3,533 SL Green Realty Corp. 582 467 6,977 American Water Works Co., Inc. 637 784 10,478 UDR, Inc. 489 517 16,846 CenterPoint Energy, Inc. 381 614 13,927 Ventas, Inc. 972 1,043 11,036 CMS Energy Corp. 365 686 6,761 Vornado Realty Trust 704 658 12,256 Consolidated Edison, Inc. 816 1,257 14,644 Welltower, Inc. 1,041 1,208 25,608 Dominion Resources, Inc. 1,802 2,297 29,771 Weyerhaeuser Co. 962 1,428 7,115 DTE Energy Co. 535 970 26,006 33,954 27,496 Duke Energy Corp. 2,070 2,860 12,738 Edison International 714 1,060 642,142 1,143,686 7,067 Entergy Corp. 556 751 Global 3.7% 10,658 Evergy, Inc. 744 787 Energy 0.5% 12,387 Eversource Energy 591 955 54,343 Schlumberger Ltd. 4,861 4,792 37,952 Exelon Corp. 1,497 2,127 17,139 TechnipFMC PLC 771 715 17,476 FirstEnergy Corp. 711 826 18,490 NextEra Energy, Inc. 1,819 4,063 5,632 5,507 13,191 NiSource, Inc. 429 456 Materials 0.2% 11,798 NRG Energy, Inc. 317 476 12,646 LyondellBasell Industries NV 980 1,827 20,370 PG&E Corp. 1,103 1,140 Industrials 0.5% 4,370 Pinnacle West Capital Corp. 267 463 3,721 Allegion PLC 218 379 27,489 PPL Corp. 911 1,032 17,207 Eaton Corp PLC 1,155 1,692 19,730 Public Service Enterprise Group, Inc. 779 1,405 13,970 IHS Markit Ltd. 867 948 5,583 SCANA Corp. 307 283 9,767 Ingersoll-Rand PLC 601 1,153 10,363 Sempra Energy 1,009 1,583 36,471 Johnson Controls International PLC 2,019 1,605 39,684 The Southern Co. 1,952 2,418 13,111 Nielsen Holdings PLC 641 533 12,332 WEC Energy Group, Inc. 616 1,049 6,476 Pentair PLC 524 358 20,073 Xcel Energy, Inc. 691 1,206 6,025 6,668 23,960 35,045 Consumer Discretionary 0.4% Real Estate 2.8% 10,390 Aptiv PLC 677 1,252 4,044 Alexandria Real Estate Equities, Inc. 603 671 15,868 Carnival Corp. 797 1,196 17,324 American Tower Corp., Class A 1,569 3,286 4,324 Garmin Ltd. 212 347 6,152 Apartment Investment & Management Co. 224 342 5,946 Michael Kors Holdings Ltd. 514 521 5,451 AvalonBay Communities, Inc. 904 1,233 8,061 Norwegian Cruise Line Holdings Ltd. 590 501 6,032 Boston Properties, Inc. 750 995 6,684 Royal Caribbean Cruises Ltd. 658 911 11,812 CBRE Group, Inc. 377 742 16,296 Crown Castle International Corp. 1,446 2,311 3,448 4,728 8,115 Digital Realty Trust, Inc. 1,045 1,191 Health Care 0.9% 13,958 Duke Realty Corp. 485 533 13,306 Allergan PLC 3,895 2,918 3,121 Equinix, Inc. 1,143 1,765 53,139 Medtronic PLC 3,999 5,985 14,534 Equity Residential 1,007 1,218 20,125 Mylan NV 945 957 2,580 Essex Property Trust, Inc. 587 811 5,122 Perrigo Co. PLC 898 491 4,925 Extra Space Storage, Inc. 609 647 2,860 Federal Realty Investment Trust 601 476 9,737 10,351 24,698 GGP, Inc. 653 664 Financials 0.6% 18,363 HCP, Inc. 777 624 9,622 Aon PLC 781 1,736 29,141 Host Hotels & Resorts, Inc. 608 808 18,272 Chubb Ltd. 2,188 3,053 11,009 Iron Mountain, Inc. 422 507 1,595 Everest Re Group Ltd. 539 484 16,660 Kimco Realty Corp. 423 372 16,259 Invesco Ltd. 566 568 4,242 Macerich Co. 327 317 5,166 Willis Towers Watson PLC 905 1,030 4,443 Mid-America Apartment Communities, Inc. 530 588 10,210 XL Group Ltd. 393 752 20,978 Prologis, Inc. 962 1,813 5,372 7,623 5,898 Public Storage 1,061 1,760 11,112 Realty Income Corp. 730 786 Information Technology 0.6% 5,809 Regency Centers Corp. 526 474 25,234 Accenture PLC 2,385 5,430 4,495 SBA Communications Corp. 865 976 12,161 Simon Property Group, Inc. 2,022 2,723

The accompanying notes are an integral part of the financial statements.

183 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 11,297 Seagate Technology PLC 527 839 13,727 TE Connectivity Ltd. 783 1,627 3,695 7,896 34,889 44,600 677,031 1,188,286 SHORT-TERM INVESTMENTS 2.9% USD 1,000,000 Federal Home Loan Bank, 0.79%, Jul 03, 2018 1,316 1,315 USD 25,800,000 Federal Home Loan Bank, 1.51%, Aug 13, 2018 34,164 33,862 35,480 35,177 Investments 712,511 1,223,463 Transaction costs (64) Total investments 712,447 1,223,463 Derivative liabilities (0.1%) (586) Other assets less liabilities (0.4%) (4,818) Net assets attributable to unitholders 100.0% 1,218,059

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy 5.7 5.5 Materials 2.4 2.8 Industrials 8.8 9.2 Consumer Discretionary 12.2 11.4 Consumer Staples 7.0 8.0 Health Care 12.6 12.6 Financials 12.8 13.9 Information Technology 24.8 22.2 Telecommunication Services 1.9 2.0 Utilities 2.9 2.9 Real Estate 2.8 2.7 Global Energy 0.5 0.5 Materials 0.2 0.2 Industrials 0.5 0.6 Consumer Discretionary 0.4 0.4 Health Care 0.9 0.8 Financials 0.6 0.7 Information Technology 0.6 1.0 Short-Term Investments 2.9 2.2 Derivative liabilities (0.1) - Other assets less liabilities (0.4) 0.4 100.0 100.0

The accompanying notes are an integral part of the financial statements.

184 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND

The accompanying notes are an integral part of the financial statements.

185 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

Assets Income Current assets Interest for distribution purposes 942 23 Investments, at fair value 838,119 793,042 Dividend income 7,812 7,563 Cash 202 175 Foreign exchange gain (loss) on income 43 (8) Margin deposited on derivatives 2,224 1,670 Foreign exchange gain (loss) on currency 76 26 Subscriptions receivable 245 10,315 Income from securities lending 2 8 Other income - 4 Receivable from investments sold 780 799 Realized gain (loss) on sales of investments 5,823 12,493 Interest, dividends and other receivables 679 768 Realized gain (loss) on derivatives 759 951 Derivative assets - 48 Change in unrealized appreciation (depreciation) 842,249 806,817 in the value of investments 45,708 14,978 Liabilities Change in unrealized appreciation (depreciation) in the value of derivatives (423) 6 Current liabilities Redemptions payable 1,000 - 60,742 36,044 Payable on investments purchased 417 17,076 Expenses Accrued expenses and other liabilities 28 42 Audit fees 2 4 Derivative liabilities 402 27 Transfer agent fees 1 2 1,847 17,145 Unitholder reporting costs 30 2 Custodial fees 49 86 Net assets attributable to unitholders 840,402 789,672 Transaction costs 8 29 Net assets attributable to unitholders per unit 90 123 12.91 11.98 Less operating expenses absorbed by manager - (4) Net operating expenses 90 119 Increase (decrease) in net assets attributable to unitholders 60,652 35,925 Increase (decrease) in net assets attributable to unitholders per unit 0.94 0.60

Signed on behalf of the Fund Manager for Manulife Asset Management US Equity Index Bernard Letendre Warren Thomson Pooled Fund (Non-Taxable). Director Director

The accompanying notes are an integral part of the financial statements.

186 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 60,652 35,925 Net assets attributable to unitholders - beginning of Adjustments for: period 789,672 674,464 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (73) 11 unitholders 60,652 35,925 Realized gain (loss) on sales of investments (5,823) (12,493) Security Transactions Realized gain (loss) on derivatives (759) (951) Proceeds from units issued 42,406 107,938 Change in unrealized appreciation (depreciation) Redemption of units (52,328) (93,658) in the value of investments (45,708) (14,978) Total security transactions (9,922) 14,280 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 840,402 724,669 in the value of derivatives 423 (6) Purchases of investments (955,630) (256,925) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 946,203 235,796 Units outstanding beginning of period 65,902 61,290 Margin deposited on derivatives (554) (55) Units issued 3,411 9,281 Receivable from Manager - (3) Units issued for reinvestment of distributions - - Interest, dividends and other receivables 89 88 Units redeemed (4,207) (8,326) Accrued expenses and other liabilities (14) 1 Units outstanding end of period 65,106 62,245 Net cash provided by (used in) operating activities (1,194) (13,590) Cash flows from financing activities Proceeds from sale of units 52,476 106,265 Payments for units redeemed (51,328) (92,952) Net cash provided by (used in) financing activities 1,148 13,313 Change in unrealized foreign exchange gain (loss) on currency 73 (11) Net increase (decrease) in cash (46) (288) Cash (bank overdraft) beginning of period 175 542 Cash (bank overdraft) end of period 202 254 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 942 23 Dividends received, net of foreign withholding taxes 7,901 7,643

The accompanying notes are an integral part of the financial statements.

187 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) EQUITIES 97.1% United States 93.5% 3,563 Vulcan Materials Co. 517 605 Energy 5.7% 6,909 WestRock Co. 367 518 13,881 Anadarko Petroleum Corp. 968 1,337 15,839 20,010 3,725 Andeavor 377 643 Industrials 8.7% 10,297 Apache Corp. 716 633 16,000 3M Co. 3,518 4,140 11,302 Baker Hughes, a GE Co. 645 491 3,911 A. O. Smith Corp. 273 304 12,222 Cabot Oil & Gas Corp. 377 383 3,302 Alaska Air Group, Inc. 265 262 51,504 Chevron Corp. 6,830 8,566 11,285 American Airlines Group, Inc. 461 564 2,559 Cimarex Energy Co. 373 342 6,235 AMETEK, Inc. 386 592 4,017 Concho Resources, Inc. 629 731 11,549 Arconic, Inc. 412 258 31,533 ConocoPhillips 1,772 2,888 16,111 Caterpillar, Inc. 1,696 2,875 14,104 Devon Energy Corp. 672 816 3,750 CH Robinson Worldwide, Inc. 357 413 15,601 EOG Resources, Inc. 1,676 2,554 2,328 Cintas Corp. 295 567 6,795 EQT Corp. 582 493 5,606 Copart, Inc. 417 417 114,107 Exxon Mobil Corp. 12,821 12,418 23,594 CSX Corp. 872 1,980 23,594 Halliburton Co. 1,311 1,398 4,171 Cummins, Inc. 614 730 2,937 Helmerich & Payne, Inc. 237 246 8,738 Deere & Co. 1,034 1,607 7,011 Hess Corp. 474 617 17,390 Delta Air Lines, Inc. 804 1,133 4,760 HollyFrontier Corp. 454 428 4,198 Dover Corp. 296 404 51,134 Kinder Morgan, Inc. 1,294 1,189 16,975 Emerson Electric Co. 1,132 1,544 22,988 Marathon Oil Corp. 455 631 3,242 Equifax, Inc. 487 534 12,450 Marathon Petroleum Corp. 581 1,149 4,695 Expeditors International of Washington, 10,277 National Oilwell Varco, Inc. 455 587 Inc. 293 451 5,394 Newfield Exploration Co. 275 215 7,739 Fastenal Co. 439 490 13,069 Noble Energy, Inc. 568 606 6,624 FedEx Corp. 1,342 1,979 20,640 Occidental Petroleum Corp. 1,938 2,272 3,590 Flowserve Corp. 201 191 11,079 ONEOK, Inc. 697 1,018 3,760 Fluor Corp. 233 241 11,314 Phillips 66 1,119 1,671 8,256 Fortive Corp. 535 837 4,593 Pioneer Natural Resources Co. 900 1,143 3,919 Fortune Brands Home & Security, Inc. 296 277 22,308 The Williams Cos., Inc. 673 796 7,444 General Dynamics Corp. 1,354 1,825 11,617 Valero Energy Corp. 808 1,694 234,041 General Electric Co. 8,387 4,190 40,677 47,955 20,130 Honeywell International, Inc. 2,921 3,814 Materials 2.4% 1,200 Huntington Ingalls Industries, Inc. 342 342 5,907 Air Products & Chemicals, Inc. 1,046 1,210 8,212 Illinois Tool Works, Inc. 1,102 1,497 2,983 Albemarle Corp. 333 370 3,246 Jacobs Engineering Group, Inc. 208 271 2,379 Avery Dennison Corp. 226 320 2,322 JB Hunt Transport Services, Inc. 248 371 9,412 Ball Corp. 426 440 2,739 Kansas City Southern 311 382 6,287 CF Industries Holdings, Inc. 215 367 2,115 L3 Technologies, Inc. 395 535 62,541 DowDuPont, Inc. 4,243 5,423 6,695 Lockheed Martin Corp. 2,068 2,602 3,854 Eastman Chemical Co. 342 507 8,296 Masco Corp. 312 408 6,996 Ecolab, Inc. 1,032 1,292 7,616 Norfolk Southern Corp. 856 1,512 3,623 FMC Corp. 232 425 4,700 Northrop Grumman Corp. 1,309 1,902 36,303 Freeport-McMoRan, Inc. 585 824 9,471 PACCAR, Inc. 641 772 2,140 International Flavors & Fragrances, Inc. 330 349 3,580 Parker-Hannifin Corp. 518 734 11,158 International Paper Co. 606 764 4,095 Quanta Services, Inc. 130 180 1,696 Martin Marietta Materials, Inc. 405 498 3,465 Raymond James Financial, Inc. 363 407 9,446 Mosaic Co. 329 349 7,743 Raytheon Co. 1,356 1,968 14,376 Newmont Mining Corp. 696 713 6,003 Republic Services, Inc. 396 540 8,570 Nucor Corp. 542 705 3,330 Robert Half International, Inc. 157 285 2,542 Packaging Corporation of America 349 374 3,396 Rockwell Automation, Inc. 508 743 6,726 PPG Industries, Inc. 847 918 4,427 Rockwell Collins, Inc. 526 784 7,744 Praxair, Inc. 1,118 1,611 2,780 Roper Industries, Inc. 626 1,009 4,287 Sealed Air Corp. 237 239 1,531 Snap-on, Inc. 290 324 2,218 The Sherwin-Williams Co. 816 1,189 14,430 Southwest Airlines Co. 725 966 4,154 Stanley Black & Decker, Inc. 587 726

The accompanying notes are an integral part of the financial statements.

188 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,332 Stericycle, Inc. 278 200 13,468 MGM Resorts International 573 514 6,867 Textron, Inc. 330 595 1,708 Mohawk Industries, Inc. 420 481 14,758 The Boeing Co. 2,634 6,513 11,715 Netflix, Inc. 1,559 6,032 1,314 TransDigm Group, Inc. 440 597 13,176 Newell Rubbermaid, Inc. 746 447 20,905 Union Pacific Corp. 2,324 3,896 10,285 News Corp., Class A 149 210 6,310 United Continental Holdings, Inc. 374 579 3,260 News Corp., Class B 51 68 18,582 United Parcel Service, Inc., Class B 2,473 2,597 34,552 Nike, Inc., Class B 2,288 3,622 2,271 United Rentals, Inc. 234 441 3,220 Nordstrom, Inc. 163 219 20,049 United Technologies Corp. 2,596 3,298 6,097 Omnicom Group, Inc. 599 612 4,187 Verisk Analytics, Inc., Class A 430 593 2,216 O’Reilly Automotive, Inc. 721 798 10,719 Waste Management, Inc. 889 1,147 6,995 PulteGroup, Inc. 171 265 1,373 WW Grainger, Inc. 388 557 2,073 PVH Corp. 247 408 4,842 Xylem, Inc. 281 429 1,505 Ralph Lauren Corp. 177 249 10,194 Ross Stores, Inc. 719 1,137 56,965 73,321 37,191 Starbucks Corp. 2,506 2,390 Consumer Discretionary 12.2% 7,745 Tapestry, Inc. 385 476 2,002 Advance Auto Parts, Inc. 393 357 14,363 Target Corp. 1,234 1,438 10,854 Amazon.com, Inc. 10,419 24,270 6,578 The Goodyear Tire & Rubber Co. 215 202 717 AutoZone, Inc. 672 633 31,087 The Home Depot, Inc. 5,037 7,978 6,608 Best Buy Co., Inc. 286 648 16,890 The TJX Cos., Inc. 1,557 2,115 1,298 Booking Holdings, Inc. 2,094 3,461 2,744 Tiffany & Co. 233 475 5,327 BorgWarner, Inc. 219 302 3,302 Tractor Supply Co. 376 332 4,793 CarMax, Inc. 294 459 2,831 TripAdvisor, Inc. 205 207 9,145 CBS Corp., Class B 604 676 11,841 Twenty-First Century Fox, Inc. 425 767 4,991 Charter Communications, Inc. 1,853 1,925 28,401 Twenty-First Century Fox, Inc., Class A 989 1,856 656 Chipotle Mexican Grill, Inc. 330 372 1,542 Ulta Salon Cosmetics & Fragrance, Inc. 478 474 123,757 Comcast Corp., Class A 5,006 5,341 5,059 Under Armour, Inc., Class A 231 150 3,338 Darden Restaurants, Inc. 290 470 5,077 Under Armour, Inc., Class C 171 141 4,143 Discovery Communications, Inc., Class A 132 150 8,826 VF Corp. 656 946 9,260 Discovery Communications, Inc., Class C 284 311 9,522 Viacom, Inc., Class B 480 378 6,216 DISH Network Corp. 504 275 40,068 Walt Disney Co. 4,855 5,524 6,816 Dollar General Corp. 765 884 1,738 Whirlpool Corp. 348 334 6,405 Dollar Tree, Inc. 732 716 2,283 Wynn Resorts Ltd. 303 503 9,256 DR Horton, Inc. 370 499 8,710 Yum! Brands, Inc. 848 896 3,242 Expedia, Inc. 436 513 70,206 102,240 3,162 Foot Locker, Inc. 228 219 105,463 Ford Motor Co. 1,647 1,536 Consumer Staples 6.9% 5,906 Gap, Inc. 169 252 51,007 Altria Group, Inc. 4,330 3,811 34,178 General Motors Co. 1,328 1,771 15,066 Archer-Daniels-Midland Co. 772 908 3,947 Genuine Parts Co. 470 477 7,063 Brown-Forman Corp., Class B 353 455 5,717 H&R Block, Inc. 166 171 5,164 Campbell Soup Co. 396 275 9,763 Hanesbrands, Inc. 320 283 6,591 Church & Dwight Co., Inc. 423 461 4,417 Harley-Davidson, Inc. 260 245 23,503 Colgate-Palmolive Co. 2,101 2,004 3,060 Hasbro, Inc. 321 372 10,611 Conagra Brands, Inc. 603 499 7,532 Hilton Worldwide Holdings, Inc. 714 784 4,522 Constellation Brands, Inc. 889 1,302 10,288 Interpublic Group of Cos., Inc. 287 317 11,819 Costco Wholesale Corp. 2,352 3,249 4,532 Kohl’s Corp. 234 435 12,852 Coty, Inc. 380 238 6,492 L Brands, Inc. 502 315 27,396 CVS Health Corp. 3,084 2,319 3,514 Leggett & Platt, Inc. 212 206 6,036 Estee Lauder Cos., Inc. 686 1,133 7,406 Lennar Corp., Class A 465 511 15,974 General Mills, Inc. 1,277 930 8,367 LKQ Corp. 333 351 3,795 Hershey Co. 474 465 22,151 Lowe’s Cos., Inc. 2,133 2,785 7,229 Hormel Foods Corp. 318 354 8,252 Macy’s, Inc. 330 406 6,728 Kellogg Co. 644 618 8,000 Marriott International, Inc., Class A 734 1,332 9,413 Kimberly-Clark Corp. 1,533 1,304 9,439 Mattel, Inc. 333 204 16,096 Kraft Heinz Co. 1,684 1,330 21,161 McDonald’s Corp. 3,222 4,362 3,274 McCormick & Co., Inc. 414 500

The accompanying notes are an integral part of the financial statements.

189 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 4,987 Molson Coors Brewing Co. 596 446 5,462 McKesson Corp. 1,159 958 39,746 Mondelez International, Inc., Class A 2,081 2,144 72,507 Merck & Co., Inc. 5,200 5,790 11,096 Monster Beverage Corp. 718 836 687 Mettler-Toledo International, Inc. 379 523 38,210 PepsiCo, Inc. 5,031 5,472 4,379 Nektar Therapeutics 584 281 41,889 Philip Morris International, Inc. 5,286 4,449 2,955 PerkinElmer, Inc. 195 285 12,916 Sysco Corp. 826 1,160 157,602 Pfizer, Inc. 6,761 7,521 3,490 The Clorox Co. 600 621 3,660 Quest Diagnostics, Inc. 379 529 103,207 The Coca-Cola Co. 5,743 5,955 2,084 Regeneron Pharmaceuticals, Inc. 913 946 3,064 The JM Smucker Co. 546 433 3,867 ResMed, Inc. 383 527 21,903 The Kroger Co. 960 820 8,663 Stryker Corp. 1,314 1,924 67,766 The Procter & Gamble Co. 7,167 6,959 1,322 The Cooper Cos., Inc. 327 409 8,020 Tyson Foods, Inc., Class A 659 726 10,842 Thermo Fisher Scientific, Inc. 2,021 2,954 22,978 Walgreens Boots Alliance, Inc. 2,300 1,814 25,900 UnitedHealth Group, Inc. 4,748 8,359 38,986 Wal-Mart Stores, Inc. 3,653 4,393 2,359 Universal Health Services, Inc. 385 346 2,466 Varian Medical Systems, Inc. 235 369 58,879 58,383 6,868 Vertex Pharmaceuticals, Inc. 806 1,536 Health Care 12.5% 2,111 Waters Corp. 371 538 47,248 Abbott Laboratories 2,436 3,791 5,477 Zimmer Biomet Holdings, Inc. 810 803 40,843 AbbVie, Inc. 3,191 4,978 13,042 Zoetis, Inc. 807 1,462 1,135 ABIOMED, Inc. 568 611 83,987 105,446 8,819 Aetna, Inc. 1,342 2,129 8,621 Agilent Technologies, Inc. 499 701 Financials 12.8% 5,996 Alexion Pharmaceuticals, Inc. 889 979 1,459 Affiliated Managers Group, Inc. 275 285 1,944 Align Technology, Inc. 397 875 20,871 Aflac, Inc. 919 1,181 4,399 AmerisourceBergen Corp. 430 493 9,480 Allstate Corp. 834 1,138 17,951 Amgen, Inc. 3,369 4,359 19,244 American Express Co. 1,540 2,481 6,878 Anthem, Inc. 1,189 2,154 24,192 American International Group, Inc. 1,575 1,687 13,278 Baxter International, Inc. 771 1,290 3,914 Ameriprise Financial, Inc. 475 720 7,201 Becton Dickinson and Co. 1,619 2,269 4,911 Arthur J Gallagher & Co. 308 422 5,687 Biogen, Inc. 1,608 2,171 1,391 Assurant, Inc. 145 189 37,184 Boston Scientific Corp. 1,060 1,599 254,126 Bank of America Corp. 4,774 9,424 44,052 Bristol-Myers Squibb Co. 3,728 3,207 27,235 Bank of New York Mellon Corp. 1,341 1,932 8,313 Cardinal Health, Inc. 775 534 21,018 BB&T Corp. 966 1,395 19,049 Celgene Corp. 2,382 1,990 51,872 Berkshire Hathaway, Inc., Class B 9,683 12,736 5,530 Centene Corp. 572 896 3,324 BlackRock, Inc. 1,446 2,182 8,491 Cerner Corp. 603 668 2,593 Brighthouse Financial, Inc. 155 137 6,556 Cigna Corp. 1,070 1,466 13,109 Capital One Financial Corp. 1,085 1,585 16,566 Danaher Corp. 1,610 2,150 3,054 Cboe Global Markets, Inc. 341 418 3,760 DaVita, Inc. 344 343 4,023 Cincinnati Financial Corp. 352 354 6,058 DENTSPLY SIRONA, Inc. 469 349 68,717 Citigroup, Inc. 3,836 6,049 5,680 Edwards Lifesciences Corp. 687 1,088 13,066 Citizens Financial Group, Inc. 380 669 25,746 Eli Lilly & Co. 2,492 2,890 9,178 CME Group, Inc. 1,177 1,979 3,256 Envision Healthcare Corp. 280 188 4,663 Comerica, Inc. 267 558 15,137 Express Scripts Holding Co. 1,395 1,537 9,393 Discover Financial Services 631 870 35,043 Gilead Sciences, Inc. 3,373 3,266 7,148 E*TRADE Financial Corp. 229 575 7,530 HCA Holdings, Inc. 756 1,016 18,363 Fifth Third Bancorp 427 693 4,148 Henry Schein, Inc. 445 396 8,616 Franklin Resources, Inc. 377 363 7,440 Hologic, Inc. 344 389 29,771 Huntington Bancshares, Inc. 377 578 3,711 Humana, Inc. 866 1,453 15,612 Intercontinental Exchange, Inc. 1,015 1,510 2,341 IDEXX Laboratories, Inc. 384 671 8,205 Jefferies Financial Group, Inc. 192 245 3,962 Illumina, Inc. 784 1,456 91,760 JPMorgan Chase & Co. 7,488 12,577 4,740 Incyte Corp. 807 418 28,613 KeyCorp 459 735 3,053 Intuitive Surgical, Inc. 909 1,922 5,893 Lincoln National Corp. 321 483 3,847 IQVIA Holdings, Inc. 460 505 7,009 Loews Corp. 367 445 72,285 Johnson & Johnson 10,846 11,538 3,915 M&T Bank Corp. 590 876 2,758 Laboratory Corp. of America Holdings 461 651 13,676 Marsh & McLennan Cos., Inc. 1,134 1,475

The accompanying notes are an integral part of the financial statements.

190 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 27,428 MetLife, Inc. 1,263 1,573 64,643 Facebook, Inc. 9,812 16,524 4,500 Moody’s Corp. 548 1,010 8,922 Fidelity National Information Services, Inc. 827 1,244 36,730 Morgan Stanley 1,324 2,290 11,037 Fiserv, Inc. 722 1,076 2,407 MSCI, Inc. 449 524 2,428 FleetCor Technologies, Inc. 709 673 3,120 Nasdaq, Inc. 249 375 3,692 FLIR Systems, Inc. 149 252 5,698 Northern Trust Corp. 496 771 2,459 Gartner, Inc. 364 430 9,298 People’s United Financial, Inc. 182 221 4,299 Global Payments, Inc. 415 631 7,212 Principal Financial Group, Inc. 406 502 3,199 Harris Corp. 357 608 15,702 Progressive Corp. 682 1,222 41,075 Hewlett Packard Enterprise Co. 568 789 11,317 Prudential Financial, Inc. 1,080 1,392 44,229 HP, Inc. 863 1,320 30,267 Regions Financial Corp. 362 708 125,585 Intel Corp. 5,218 8,212 6,773 S&P Global, Inc. 905 1,817 23,008 International Business Machines Corp. 4,375 4,228 9,846 State Street Corp. 744 1,206 6,569 Intuit, Inc. 917 1,765 12,531 SunTrust Banks, Inc. 660 1,088 1,002 IPG Photonics Corp. 312 291 1,428 SVB Financial Group 495 542 9,403 Juniper Networks, Inc. 278 339 19,119 Synchrony Financial 650 839 4,199 KLA-Tencor Corp. 410 566 6,527 T. Rowe Price Group, Inc. 597 997 4,421 Lam Research Corp. 535 1,005 32,357 The Charles Schwab Corp. 1,175 2,175 24,710 MasterCard, Inc., Class A 2,974 6,388 9,466 The Goldman Sachs Group, Inc. 1,965 2,747 6,333 Microchip Technology, Inc. 467 758 9,658 The Hartford Financial Services Group, Inc. 527 650 31,254 Micron Technology, Inc. 770 2,156 12,655 The PNC Financial Services Group, Inc. 1,405 2,249 207,061 Microsoft Corp. 13,996 26,859 7,288 The Travelers Cos., Inc. 1,037 1,173 4,370 Motorola Solutions, Inc. 379 669 2,809 Torchmark Corp. 215 301 7,219 NetApp, Inc. 259 746 42,053 U.S. Bancorp 2,203 2,767 16,359 NVIDIA Corp. 1,526 5,098 5,899 Unum Group 256 287 80,309 Oracle Corp. 4,074 4,655 118,193 Wells Fargo & Co. 7,093 8,620 8,621 Paychex, Inc. 610 775 5,312 Zions Bancorporation 188 368 30,080 PayPal Holdings, Inc. 1,461 3,295 3,420 Qorvo, Inc. 257 361 72,637 107,360 39,953 QUALCOMM, Inc. 2,734 2,949 Information Technology 24.7% 4,788 Red Hat, Inc. 468 846 20,512 Activision Blizzard, Inc. 1,165 2,059 19,008 Salesforce.com, Inc. 1,966 3,411 13,272 Adobe Systems, Inc. 1,719 4,257 4,918 Skyworks Solutions, Inc. 447 625 22,196 Advanced Micro Devices, Inc. 391 438 16,741 Symantec Corp. 479 455 4,601 Akamai Technologies, Inc. 313 443 4,044 Synopsys, Inc. 388 455 1,291 Alliance Data Systems Corp. 342 396 3,085 Take-Two Interactive Software, Inc. 434 480 8,049 Alphabet, Inc., Class A 7,601 11,956 26,382 Texas Instruments, Inc. 2,140 3,826 8,182 Alphabet, Inc., Class C 7,334 12,008 12,417 The Western Union Co. 296 332 8,138 Amphenol Corp., Class A 606 933 4,471 Total System Services, Inc. 294 497 9,994 Analog Devices, Inc. 809 1,261 17,648 Twitter, Inc. 918 1,014 2,263 ANSYS, Inc. 374 519 2,589 VeriSign, Inc. 297 468 132,462 Apple, Inc. 17,039 32,255 48,138 Visa, Inc., Class A 4,668 8,387 27,164 Applied Materials, Inc. 898 1,651 8,063 Western Digital Corp. 548 821 5,903 Autodesk, Inc. 499 1,018 5,818 Xerox Corp. 193 184 11,874 Automatic Data Processing, Inc. 1,347 2,095 6,839 Xilinx, Inc. 419 587 11,070 Broadcom Ltd. 2,408 3,533 123,481 207,197 3,180 Broadridge Financial Solutions, Inc. 480 481 8,425 CA, Inc. 340 395 Telecommunication Services 1.9% 7,593 Cadence Design Systems, Inc. 360 433 195,166 AT&T, Inc. 9,973 8,244 126,737 Cisco Systems, Inc. 4,629 7,174 26,450 CenturyLink, Inc. 784 649 3,482 Citrix Systems, Inc. 347 480 111,355 Verizon Communications, Inc. 7,573 7,369 15,791 Cognizant Technology Solutions Corp. 1,138 1,641 18,330 16,262 22,367 Corning, Inc. 593 809 7,675 DXC Technology Co. 636 814 Utilities 2.9% 24,911 eBay, Inc. 778 1,188 17,835 AES Corp. 265 315 8,269 Electronic Arts, Inc. 798 1,534 6,200 Alliant Energy Corp. 322 345 1,656 F5 Networks, Inc. 244 376 6,571 Ameren Corp. 442 526

The accompanying notes are an integral part of the financial statements.

191 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 13,277 American Electric Power Co., Inc. 1,146 1,210 2,390 SL Green Realty Corp. 319 316 4,800 American Water Works Co., Inc. 508 539 7,171 UDR, Inc. 331 354 11,626 CenterPoint Energy, Inc. 356 424 9,599 Ventas, Inc. 850 719 7,622 CMS Energy Corp. 431 474 4,660 Vornado Realty Trust 567 453 8,380 Consolidated Edison, Inc. 845 860 10,021 Welltower, Inc. 927 826 17,587 Dominion Resources, Inc. 1,685 1,577 20,394 Weyerhaeuser Co. 750 978 4,895 DTE Energy Co. 606 667 22,371 23,317 18,895 Duke Energy Corp. 2,008 1,966 8,780 Edison International 841 731 586,390 785,566 4,875 Entergy Corp. 497 518 Global 3.6% 7,258 Evergy, Inc. 507 536 Energy 0.5% 8,544 Eversource Energy 636 659 37,316 Schlumberger Ltd. 3,608 3,290 26,023 Exelon Corp. 1,201 1,458 11,741 TechnipFMC PLC 467 490 12,087 FirstEnergy Corp. 524 571 12,708 NextEra Energy, Inc. 2,088 2,792 4,075 3,780 9,082 NiSource, Inc. 296 314 Materials 0.2% 8,057 NRG Energy, Inc. 167 325 8,664 LyondellBasell Industries NV 844 1,252 13,910 PG&E Corp. 1,107 779 Industrials 0.5% 2,995 Pinnacle West Capital Corp. 303 317 2,573 Allegion PLC 218 262 18,834 PPL Corp. 869 707 11,780 Eaton Corp PLC 892 1,158 13,620 Public Service Enterprise Group, Inc. 780 970 9,604 IHS Markit Ltd. 594 652 3,924 SCANA Corp. 340 199 6,678 Ingersoll-Rand PLC 545 788 7,119 Sempra Energy 1,006 1,087 24,947 Johnson Controls International PLC 1,427 1,098 27,267 The Southern Co. 1,796 1,661 9,020 Nielsen Holdings PLC 554 367 8,508 WEC Energy Group, Inc. 685 724 4,428 Pentair PLC 341 245 13,717 Xcel Energy, Inc. 761 824 4,571 4,570 23,018 24,075 Consumer Discretionary 0.4% Real Estate 2.8% 7,129 Aptiv PLC 581 859 2,774 Alexandria Real Estate Equities, Inc. 418 460 10,939 Carnival Corp. 656 825 11,901 American Tower Corp., Class A 1,713 2,257 2,992 Garmin Ltd. 167 240 4,241 Apartment Investment & Management Co. 226 236 4,079 Michael Kors Holdings Ltd. 257 357 3,725 AvalonBay Communities, Inc. 835 842 5,567 Norwegian Cruise Line Holdings Ltd. 406 346 4,160 Boston Properties, Inc. 673 686 4,584 Royal Caribbean Cruises Ltd. 453 625 8,144 CBRE Group, Inc. 288 511 11,180 Crown Castle International Corp. 1,392 1,586 2,520 3,252 5,552 Digital Realty Trust, Inc. 767 815 Health Care 0.8% 9,548 Duke Realty Corp. 332 365 9,137 Allergan PLC 2,580 2,004 2,141 Equinix, Inc. 1,050 1,211 36,496 Medtronic PLC 3,803 4,110 9,925 Equity Residential 831 832 13,890 Mylan NV 710 660 1,780 Essex Property Trust, Inc. 509 560 3,447 Perrigo Co. PLC 404 331 3,401 Extra Space Storage, Inc. 398 447 1,974 Federal Realty Investment Trust 394 329 7,497 7,105 17,072 GGP, Inc. 586 459 Financials 0.6% 12,646 HCP, Inc. 546 429 6,590 Aon PLC 870 1,189 19,970 Host Hotels & Resorts, Inc. 408 553 12,556 Chubb Ltd. 2,008 2,098 7,547 Iron Mountain, Inc. 363 348 1,107 Everest Re Group Ltd. 370 336 11,463 Kimco Realty Corp. 409 256 11,059 Invesco Ltd. 366 386 2,981 Macerich Co. 296 223 3,552 Willis Towers Watson PLC 564 708 3,067 Mid-America Apartment Communities, Inc. 373 406 6,962 XL Group Ltd. 292 513 14,370 Prologis, Inc. 901 1,242 4,470 5,230 4,040 Public Storage 1,230 1,206 7,681 Realty Income Corp. 636 543 Information Technology 0.6% 3,971 Regency Centers Corp. 358 324 17,334 Accenture PLC 2,539 3,730 3,111 SBA Communications Corp. 602 676 8,347 Simon Property Group, Inc. 2,093 1,869

The accompanying notes are an integral part of the financial statements.

192 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE) (NON-TAXABLE)

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 7,735 Seagate Technology PLC 282 574 9,434 TE Connectivity Ltd. 720 1,118 3,541 5,422 27,518 30,611 613,908 816,177 SHORT-TERM INVESTMENTS 2.4% USD 15,150,000 Federal Home Loan Bank, 0.79%, Jul 03, 2018 19,927 19,927 EXCHANGE-TRADED FUNDS 0.2% 5,646 SPDR S&P 500 ETF Trust 1,477 2,015 Investments 635,312 838,119 Transaction costs (20) Total investments 635,292 838,119 Derivative liabilities (0.0%) (402) Other assets less liabilities 0.3% 2,685 Net assets attributable to unitholders 100.0% 840,402

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy 5.7 5.5 Materials 2.4 2.8 Industrials 8.7 9.3 Consumer Discretionary 12.2 11.4 Consumer Staples 6.9 8.0 Health Care 12.5 12.5 Financials 12.8 13.8 Information Technology 24.7 22.1 Telecommunication Services 1.9 2.0 Utilities 2.9 2.9 Real Estate 2.8 2.7 Global Energy 0.5 0.5 Materials 0.2 0.2 Industrials 0.5 0.6 Consumer Discretionary 0.4 0.4 Health Care 0.8 0.8 Financials 0.6 0.7 Information Technology 0.6 1.0 Short-Term Investments 2.4 3.0 Exchange-Traded Funds 0.2 0.2 Other assets less liabilities 0.3 (0.4) 100.0 100.0

The accompanying notes are an integral part of the financial statements.

193 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US EQUITY INDEX POOLED FUND (NON-TAXABLE)

FUTURES CONTRACTS 0.0% Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 125 USD 2,770.48 S&P 500 Index EMNI Futres Sep 21, 2018 USD 17,010 USD 2,721.60 (402) Derivative liabilities (402)

The accompanying notes are an integral part of the financial statements.

194 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED FUND FUND

Assets Income Current assets Dividend income 14 11 Investments, at fair value 3,236 2,833 Foreign exchange gain (loss) on currency 6 (2) Cash 112 112 Realized gain (loss) on sales of investments 207 64 Receivable from Manager - 10 Change in unrealized appreciation (depreciation) in the value of investments 174 216 3,348 2,955 401 289 Liabilities Expenses Current liabilities Audit fees 2 1 Accrued expenses and other liabilities 5 6 Transfer agent fees 1 2 56Unitholder reporting costs 2 1 Custodial fees 2 4 Net assets attributable to unitholders 3,343 2,949 Foreign withholding taxes 2 2 Net assets attributable to unitholders per unit Transaction costs 1 1 11.33 10.00 10 11 Less operating expenses absorbed by manager (3) (6) Net operating expenses 7 5 Increase (decrease) in net assets attributable to unitholders 394 284 Increase (decrease) in net assets attributable to unitholders per unit 1.34 1.15

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 2,949 2,425 Increase (decrease) in net assets attributable to unitholders 394 284 Security Transactions Net assets attributable to unitholders - end of period 3,343 2,709

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 295 248 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 295 248

Signed on behalf of the Fund Manager for Manulife Asset Management Focused US Bernard Letendre Warren Thomson Large Cap Growth Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

195 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED FUND FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 96.8% unitholders 394 284 United States 94.5% Adjustments for: Materials 4.4% Change in unrealized foreign exchange gain 763 DowDuPont, Inc. 70 66 (loss) on currency (3) 1 148 The Sherwin-Williams Co. 73 80 Realized gain (loss) on sales of investments (207) (64) Change in unrealized appreciation (depreciation) 143 146 in the value of investments (174) (216) Industrials 15.3% Purchases of investments (1,424) (827) 986 CSX Corp. 76 83 Proceeds from disposition of investments 1,402 817 257 FedEx Corp. 55 77 Receivable from Manager 10 4 266 General Dynamics Corp. 76 65 Accrued expenses and other liabilities (1) - 1,610 Knight-Swift Transportation Holdings, Inc. 81 81 Net cash provided by (used in) operating 280 Raytheon Co. 77 71 activities (3) (1) 426 Union Pacific Corp. 79 79 290 United Rentals, Inc. 54 56 Cash flows from financing activities Change in unrealized foreign exchange gain 498 512 (loss) on currency 3 (1) Consumer Discretionary 18.9% Net increase (decrease) in cash (3) (2) 122 Amazon.com, Inc. 60 273 Cash (bank overdraft) beginning of period 112 63 27 Booking Holdings, Inc. 75 72 655 Las Vegas Sands Corp. 54 66 Cash (bank overdraft) end of period 112 61 625 Lowe’s Cos., Inc. 82 79 Supplemental information on cash flows from operating activities: 165 O’Reilly Automotive, Inc. 56 59 Dividends received, net of foreign withholding 523 Polaris Industries, Inc. 77 84 taxes 12 9 404 633 Consumer Staples 2.1% 942 Monster Beverage Corp. 57 71 Health Care 9.0% 267 Anthem, Inc. 59 84 340 Cigna Corp. 74 76 432 UnitedHealth Group, Inc. 92 139 225 299 Financials 3.7% 1,523 Bank of America Corp. 54 57 1,092 Morgan Stanley 61 68 115 125 Information Technology 41.1% 94 Alphabet, Inc., Class A 78 140 65 Alphabet, Inc., Class C 28 95 531 Electronic Arts, Inc. 49 98 710 Facebook, Inc. 36 181 1,972 Microsoft Corp. 161 256 1,114 Nutanix Inc. 76 76 278 NVIDIA Corp. 69 87 787 PayPal Holdings, Inc. 66 86 982 RingCentral, Inc. 54 91 529 Salesforce.com, Inc. 71 95 445 ServiceNow, Inc. 39 101 381 Visa, Inc., Class A 54 66 781 1,372 2,223 3,158

The accompanying notes are an integral part of the financial statements.

196 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED MANULIFE ASSET MANAGEMENT FOCUSED US LARGE CAP GROWTH POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Global 2.3% Consumer Discretionary 2.3% 648 Aptiv PLC 76 78 Investments 2,299 3,236 Transaction costs - Total investments 2,299 3,236 Other assets less liabilities 3.2% 107 Net assets attributable to unitholders 100.0% 3,343

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy - 2.5 Materials 4.4 2.3 Industrials 15.3 5.7 Consumer Discretionary 18.9 21.7 Consumer Staples 2.1 2.5 Health Care 9.0 10.2 Financials 3.7 8.7 Information Technology 41.1 38.1 Real Estate - 2.4 Global Consumer Discretionary 2.3 - Other assets less liabilities 3.2 3.9 100.0 100.0

The accompanying notes are an integral part of the financial statements.

197 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND

Assets Income Current assets Dividend income 47 33 Investments, at fair value 4,244 4,112 Income from securities lending 1 - Interest, dividends and other receivables 5 4 Realized gain (loss) on sales of investments 132 272 Change in unrealized appreciation (depreciation) 4,249 4,116 in the value of investments (31) (341) Liabilities 149 (36) Current liabilities Expenses Accrued expenses and other liabilities 6 7 Audit fees 2 1 67Transfer agent fees 1 2 Unitholder reporting costs 2 1 Net assets attributable to unitholders 4,243 4,109 Custodial fees 2 2 Net assets attributable to unitholders per unit Foreign withholding taxes 6 4 10.24 9.92 Transaction costs 2 3 15 13 Increase (decrease) in net assets attributable to unitholders 134 (49) Increase (decrease) in net assets attributable to unitholders per unit 0.33 (0.12)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 4,109 4,088 Increase (decrease) in net assets attributable to unitholders 134 (49) Security Transactions Net assets attributable to unitholders - end of period 4,243 4,039

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 414 414 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 414 414

Signed on behalf of the Fund Manager for Manulife Asset Management US Small Cap Bernard Letendre Warren Thomson Value Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

198 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 97.1% unitholders 134 (49) United States 95.3% Adjustments for: Energy 4.7% Realized gain (loss) on sales of investments (132) (272) 1,727 Oceaneering International, Inc. 53 58 Change in unrealized appreciation (depreciation) 3,174 Patterson-UTI Energy, Inc. 84 75 in the value of investments 31 341 822 PDC Energy, Inc. 63 65 Purchases of investments (1,399) (1,241) Proceeds from disposition of investments 1,368 1,224 200 198 Interest, dividends and other receivables (1) (1) Materials 4.4% Accrued expenses and other liabilities (1) (2) 2,724 Graphic Packaging Holding Co. 48 52 Net cash provided by (used in) operating 430 Kaiser Aluminum Corp. 60 59 activities -- 2,675 Valvoline, Inc. 79 76 Cash flows from financing activities 187 187 Net increase (decrease) in cash -- Industrials 16.4% Cash (bank overdraft) beginning of period - 1 1,276 ABM Industries, Inc. 54 49 Cash (bank overdraft) end of period -1 448 American Woodmark Corp. 47 54 1,612 Briggs & Stratton Corp. 41 37 Supplemental information on cash flows from operating activities: 691 Deluxe Corp. 55 60 Dividends received, net of foreign withholding 693 EMCOR Group, Inc. 45 69 taxes 40 28 1,545 GMS, Inc. 66 55 756 Granite Construction, Inc. 54 55 930 Hub Group, Inc. 46 61 920 Interface, Inc. 19 28 4,088 Mueller Water Products, Inc. 61 63 501 Regal Beloit Corp. 42 54 1,038 The Timken Co. 47 60 227 Unifirst Corp. 32 53 609 698 Consumer Discretionary 10.2% 2,284 Build-A-Bear Workshop, Inc. 37 23 1,045 Cinemark Holdings, Inc. 43 48 728 Dave & Buster’s Entertainment, Inc. 46 45 378 Lithia Motors, Inc. 49 47 2,798 Nautilus, Inc. 56 58 766 Penn National Gaming, Inc. 35 34 946 Tenneco, Inc. 53 55 751 Tupperware Brands Corp. 52 41 836 Universal Electronics, Inc. 34 36 562 Williams-Sonoma, Inc. 40 45 445 432 Health Care 4.8% 172 Bio-Rad Laboratories, Inc. 28 65 6,174 Enzo Biochem, Inc. 44 42 731 Prestige Brands Holdings, Inc. 33 37 980 Syneos Health, Inc. 46 61 151 205 Financials 29.1% 1,202 Access National Corp. 45 45 948 Bank of Hawaii Corp. 63 104 993 Banner Corp. 40 79 3,234 Brookline Bancorp, Inc. 39 79 1,731 Columbia Banking System, Inc. 72 93 1,915 ConnectOne Bancorp, Inc. 66 63

The accompanying notes are an integral part of the financial statements.

199 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND MANULIFE ASSET MANAGEMENT US SMALL CAP VALUE POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,737 Donnelley Financial Solutions, Inc. 50 40 Transaction costs (4) 2,455 First Hawaiian, Inc. 84 94 Total investments 3,656 4,244 2,245 Hope Bancorp, Inc. 34 53 2,920 Pennantpark Floating Rate Capital Ltd. 55 52 Other assets less liabilities 0.0% (1) 489 Pinnacle Financial Partners, Inc. 42 39 Net assets attributable to unitholders 830 South State Corp. 59 94 100.0% 4,243 3,250 Umpqua Holdings Corp. 69 97 1,404 Union Bankshares Corp. 57 72 CONCENTRATION RISK 2,109 Univest Corp. Of PA 64 76 The following table shows a summary of the Fund’s concentration risk. 4,299 Valley National Bancorp 66 69 1,017 Webster Financial Corp. 47 85 % of Net assets attributable to unitholders 952 1,234 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Information Technology 13.5% Equities 2,161 Avaya Holdings Corp. 62 57 United States 592 Belden, Inc. 57 48 Energy 4.7 3.1 1,619 Cray, Inc. 50 52 Materials 4.4 4.1 2,594 FormFactor, Inc. 46 45 Industrials 16.4 18.1 1,597 Integrated Device Technology, Inc. 44 67 Consumer Discretionary 10.2 9.4 394 j2 Global, Inc. 38 45 Consumer Staples - 0.6 480 MKS Instruments, Inc. 33 60 Health Care 4.8 7.0 1,009 ON Semiconductor Corp. 11 30 Financials 29.1 27.8 2,870 Quantenna Communications, Inc. 54 59 Information Technology 13.5 9.3 2,475 TTM Technologies, Inc. 51 57 Utilities 3.9 4.1 Real Estate 8.3 10.2 874 Verint Systems, Inc. 46 51 Global 492 571 Financials 1.8 2.0 Utilities 3.9% Consumer Staples - 0.5 Short-Term Investments 2.9 3.9 1,155 NorthWestern Corp. 79 87 Other assets less liabilities - (0.1) 1,424 Portland General Electric Co. 65 80 100.0 100.0 144 167 Real Estate 8.3% 1,159 American Assets Trust, Inc. 59 58 485 DCT Industrial Trust, Inc. 28 43 512 EastGroup Properties, Inc. 60 64 735 EPR Properties 49 63 1,765 First Industrial Realty Trust, Inc. 49 77 1,844 Retail Opportunity Investments Corp. 39 47 284 352 3,464 4,044 Global 1.8% Financials 1.8% 1,002 Argo Group International Holdings Ltd. 76 77 3,540 4,121 SHORT-TERM INVESTMENTS 2.9% USD 93,467 State Street Co. Can US Dollar Call Deposit, 0.35%, Jul 03, 2018 120 123 Investments 3,660 4,244

The accompanying notes are an integral part of the financial statements.

200 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND

Assets Income Current assets Dividend income 269 287 Investments, at fair value 14,292 14,445 Foreign exchange gain (loss) on income - 1 Cash 252 197 Foreign exchange gain (loss) on currency (2) (13) Receivable from investments sold 151 - Realized gain (loss) on sales of investments 753 1,154 Interest, dividends and other receivables 71 59 Realized gain (loss) on derivatives (2) (37) Change in unrealized appreciation (depreciation) Derivative assets 1 - in the value of investments (967) 1,468 14,767 14,701 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives 1 - Current liabilities 52 2,860 Payable on investments purchased 73 - Expenses Accrued expenses and other liabilities 12 12 Audit fees 5 2 85 12 Transfer agent fees 1 2 Unitholder reporting costs 8 1 Net assets attributable to unitholders 14,682 14,689 Custodial fees 12 36 Net assets attributable to unitholders per unit Foreign withholding taxes 22 25 9.69 9.70 Transaction costs 11 38 59 104 Increase (decrease) in net assets attributable to unitholders (7) 2,756 Increase (decrease) in net assets attributable to unitholders per unit -1.80

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 14,689 16,820 Increase (decrease) in net assets attributable to unitholders (7) 2,756 Security Transactions Proceeds from units issued - 50 Redemption of units - (6,000)

Total security transactions - (5,950)

Net assets attributable to unitholders - end of period 14,682 13,626

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 1,515 1,575 Units issued - 4 Units issued for reinvestment of distributions - - Units redeemed - (479)

Units outstanding end of period 1,515 1,100

Signed on behalf of the Fund Manager for Manulife Asset Management Emerging Mar- Bernard Letendre Warren Thomson kets Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

201 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 94.0% unitholders (7) 2,756 Cayman Islands 15.4% Adjustments for: 56,146 3SBio, Inc. 82 168 Change in unrealized foreign exchange gain 2,322 Alibaba Group Holding Ltd. 362 567 (loss) on currency 1 4 1,445 Baidu, Inc., ADR 391 462 Realized gain (loss) on sales of investments (753) (1,154) 3,234 Ctrip.com International Ltd., ADR 212 202 Realized gain (loss) on derivatives 2 37 216,500 Dali Foods Group Co., Ltd. 200 219 Change in unrealized appreciation (depreciation) 15,000 Ping An Healthcare and Technology Co., Ltd. 134 126 in the value of investments 967 (1,468) 32,400 Sands China Ltd. 193 228 Change in unrealized appreciation (depreciation) 3,500 Tencent Holdings Ltd. 210 231 in the value of derivatives (1) - 10,600 Wise Talent Information Technology Co., Ltd. 60 58 Purchases of investments (3,779) (4,192) Proceeds from disposition of investments 3,638 9,989 1,844 2,261 Receivable from Manager - 11 China 13.0% Interest, dividends and other receivables (12) (50) 420,000 Bank of China Ltd. 270 274 Accrued expenses and other liabilities - 4 62,000 Beijing Capital International Airport Co., Ltd. 114 86 Net cash provided by (used in) operating 309,000 China Construction Bank Corp. 348 376 35,520 Focus Media Information Technology Co., activities 56 5,937 Ltd. 86 67 Cash flows from financing activities 900 Kweichow Moutai Co., Ltd. 131 131 Proceeds from sale of units - 50 164,000 PetroChina Co., Ltd. 155 164 Payments for units redeemed - (6,000) 39,500 Ping An Insurance Group Co. of China Ltd. 256 478 Net cash provided by (used in) financing 33,700 Qingdao Haier Co., Ltd, 122 129 activities - (5,950) 37,600 Sinopharm Group Co., Ltd. 206 199 Change in unrealized foreign exchange gain 1,688 1,904 (loss) on currency (1) (4) South Korea 11.8% Net increase (decrease) in cash 56 (17) 5,011 Hana Financial Group, Inc. 257 253 Cash (bank overdraft) beginning of period 197 162 165 LG Household & Health Care Ltd. 143 272 Cash (bank overdraft) end of period 252 145 240 NAVER Corp. 199 216 15,750 Samsung Electronics Co., Ltd., Preferred 395 700 Supplemental information on cash flows from operating activities: 2,825 SK Hynix, Inc. 277 286 Dividends received, net of foreign withholding 1,271 1,727 taxes 235 213 Taiwan 7.2% 50,500 ASE Industiral Holdings Co., Ltd. 166 156 18,000 Land Mark Optoelectronics Corp. 262 221 14,049 Taiwan Semiconductor Manufacturing Co., Ltd., ADR 390 676 818 1,053 Hong Kong 6.1% 45,200 AIA Group Ltd. 341 520 168,000 CNOOC Ltd. 295 381 636 901 Russia 6.0% 1,727 Lukoil PJSC, ADR 155 157 111,910 Public Joint Stock Company Moscow Exchange Micex-Rts 170 256 8,532 Sberbank of Russia PJSC 136 161 16,328 Sberbank of Russia PJSC, ADR 159 310 620 884 Brazil 5.7% 23,564 AMBEV SA, ADR 166 144 17,000 Cielo SA 128 96

The accompanying notes are an integral part of the financial statements.

202 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 12,386 Itau Unibanco Holding SA 175 171 British Virgin Islands 1.0% 19,900 Kroton Educacional SA 76 63 3,852 Mail.Ru Group Ltd. 145 147 32,000 Odontoprev SA 161 143 Netherlands 0.5% 13,478 Vale SA, ADR 169 227 1,648 Yandex NV 38 78 875 844 11,660 13,795 Great Britain 4.3% MUTUAL FUND 3.4% 6,290 Mondi PLC 182 224 15,562 India Fund, Inc. 502 497 5,683 Rio Tinto PLC 314 415 502 497 496 639 Investments 12,162 14,292 South Africa 4.2% 11,991 FirstRand Ltd. 73 74 Transaction costs (24) 1,610 Naspers Ltd. 263 538 Total Investments 12,138 14,292 336 612 Derivative assets 0.0% 1 Bermuda 4.1% Other assets less liabilities 2.6% 389 939 Credicorp Ltd. 192 278 Net assets attributable to unitholders 79,000 Nine Dragons Paper Holdings Ltd. 153 132 100.0% 14,682 535,000 Pacific Basin Shipping Ltd. 164 193 509 603 CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk. India 4.1% 1,656 HDFC Bank Ltd., ADR 133 229 % of Net assets attributable to 13,781 ICICI Bank Ltd., ADR 166 146 unitholders 356 Reliance Industries Ltd. 13 13 Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017 5,688 Reliance Industries Ltd., GDR 202 210 Equities 514 598 Cayman Islands 15.4 14.1 China 13.0 9.5 Mexico 3.5% South Korea 11.8 12.2 199,000 Cemex SAB de CV 251 174 Taiwan 7.2 6.8 16,700 Fomento Economico Mexicano SAB de CV 190 195 Hong Kong 6.1 5.8 19,100 Grupo Financiero Banorte SAB de CV 135 149 Russia 6.0 4.9 Brazil 5.7 9.9 576 518 Great Britain 4.3 3.9 Indonesia 2.2% South Africa 4.2 5.6 234,900 Astra International Tbk PT 185 142 Bermuda 4.1 1.6 74,300 Matahari Department Store Tbk PT 95 60 India 4.1 5.7 341,200 Telekomunikasi Indonesia Persero Tbk PT 153 118 Mexico 3.5 2.9 Indonesia 2.2 4.1 433 320 Argentina 1.3 1.1 Argentina 1.3% United States 1.3 4.5 1,902 Grupo Supervielle SA, ADR 75 26 Czech Republic 1.2 1.2 1,416 Loma Negra Cia Industrial Argentina SA, Luxembourg 1.1 1.6 ADR 39 19 British Virgin Islands 1.0 0.7 7,894 YPF SA, ADR 230 141 Netherlands 0.5 0.7 Thailand - 1.1 344 186 Greece - 0.4 United States 1.3% Mutual Fund 3.4 - 3,633 Yum China Holdings, Inc. 195 184 Other assets less liabilities 2.6 1.7 100.0 100.0 Czech Republic 1.2% 3,236 Komercni banka, a.s. 177 179 Luxembourg 1.1% 33,600 Samsonite International SA 145 157

The accompanying notes are an integral part of the financial statements.

203 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT EMERGING MARKETS EQUITY POOLED FUND

The accompanying notes are an integral part of the financial statements.

204 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND

Assets Income Current assets Interest for distribution purposes 3 1 Investments, at fair value 55,473 53,480 Dividend income 561 847 Cash 4,996 3,866 Foreign exchange gain (loss) on income - 10 Interest, dividends and other receivables 158 173 Foreign exchange gain (loss) on currency (37) 47 Realized gain (loss) on sales of investments 3,461 3,839 60,627 57,519 Realized gain (loss) on derivatives 19 (52) Liabilities Change in unrealized appreciation (depreciation) Current liabilities in the value of investments (777) 4,607 Accrued expenses and other liabilities 9 14 Change in unrealized appreciation (depreciation) in the value of derivatives - 1 914 3,230 9,300 Net assets attributable to unitholders 60,618 57,505 Expenses Net assets attributable to unitholders per unit Audit fees 2 2 11.82 11.22 Transfer agent fees 1 2 Unitholder reporting costs 9 1 Custodial fees 3 21 Foreign withholding taxes 68 105 Transaction costs 34 30 117 161 Increase (decrease) in net assets attributable to unitholders 3,113 9,139 Increase (decrease) in net assets attributable to unitholders per unit 0.61 1.51

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 57,505 75,912 Increase (decrease) in net assets attributable to unitholders 3,113 9,139 Security Transactions Proceeds from units issued - 50 Redemption of units - (5,080)

Total security transactions - (5,030)

Net assets attributable to unitholders - end of period 60,618 80,021

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 5,127 6,155 Units issued - 4 Units issued for reinvestment of distributions - - Units redeemed - (353)

Units outstanding end of period 5,127 5,806

Signed on behalf of the Fund Manager for Manulife Asset Management Global Focus Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

205 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 91.5% unitholders 3,113 9,139 United States 43.4% Adjustments for: 416 Alphabet, Inc., Class A 350 618 Change in unrealized foreign exchange gain 416 Alphabet, Inc., Class C 9 610 (loss) on currency 2 1 1,297 Amazon.com, Inc. 510 2,900 Realized gain (loss) on sales of investments (3,461) (3,839) 10,417 American Express Co. 1,007 1,343 Realized gain (loss) on derivatives (19) 52 10,190 American Tower Corp., Class A 1,285 1,933 Change in unrealized appreciation (depreciation) 4,588 Apple, Inc. 475 1,117 in the value of investments 777 (4,607) 1,668 AutoZone, Inc. 1,295 1,472 Change in unrealized appreciation (depreciation) 3,292 Biogen, Inc. 1,209 1,257 in the value of derivatives - (1) 87,039 eBay, Inc. 2,857 4,152 Purchases of investments (13,100) (13,014) 81,227 General Electric Co. 1,511 1,454 Proceeds from disposition of investments 13,810 18,519 12,205 Gilead Sciences, Inc. 1,109 1,137 Receivable from Manager - (1) 23,858 Liberty Media Corp.-Liberty Formula One 953 1,108 Interest, dividends and other receivables 15 18 36,680 Liberty Media Corp.-Liberty Formula One, Accrued expenses and other liabilities (5) 3 Class C 1,595 1,792 Net cash provided by (used in) operating 6,416 Ralph Lauren Corp. 983 1,061 activities 1,132 6,270 27,433 Tempur Sealy International, Inc. 2,139 1,734 4,355 Visa, Inc., Class A 334 759 Cash flows from financing activities 16,493 Wal-Mart Stores, Inc. 1,644 1,858 Proceeds from sale of units - 50 Payments for units redeemed - (5,080) 19,265 26,305 Net cash provided by (used in) financing Netherlands 11.0% activities - (5,030) 11,006 Ferrari NV 577 1,955 37,479 Heineken Holding NV 3,060 4,726 Change in unrealized foreign exchange gain (loss) on currency (2) (1) 3,637 6,681 Net increase (decrease) in cash 1,132 1,239 Great Britain 9.1% Cash (bank overdraft) beginning of period 3,866 6,782 47,620 Diageo PLC, ADR 1,744 2,251 Cash (bank overdraft) end of period 4,996 8,021 18,602 Nielsen Holdings PLC 1,054 757 23,422 Reckitt Benckiser Group PLC 2,469 2,538 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding 5,267 5,546 taxes 3 1 Belgium 7.5% Dividends received, net of foreign withholding 34,177 Anheuser-Busch InBev SA/NV 4,712 4,540 taxes 508 770 France 6.7% 30,542 Danone SA 2,421 2,949 8,231 Sodexo SA 1,054 1,083 3,475 4,032 Switzerland 6.1% 17,203 Cie Financière Richemont SA 1,765 1,917 17,449 Nestlé SA 1,629 1,778 3,394 3,695 Ireland 4.0% 10,968 Allergan PLC 2,735 2,405 Jersey 2.1% 17,452 Shire PLC 1,108 1,293 Italy 1.6% 30,417 Salvatore Ferragamo SpA 1,037 976 Investments 44,630 55,473

The accompanying notes are an integral part of the financial statements.

206 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL FOCUS POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs (61) Total Investments 44,569 55,473 Other assets less liabilities 8.5% 5,145 Net assets attributable to unitholders 100.0% 60,618

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

Equities United States 43.4 42.8 Netherlands 11.0 11.4 Great Britain 9.1 10.7 Belgium 7.5 5.7 France 6.7 5.7 Switzerland 6.1 6.0 Ireland 4.0 3.9 Jersey 2.1 3.5 Italy 1.6 1.8 Bermuda - 1.5 Other assets less liabilities 8.5 7.0 100.0 100.0

The accompanying notes are an integral part of the financial statements.

207 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND

Assets Income Current assets Interest for distribution purposes 2 - Investments, at fair value 111,021 110,613 Dividend income 2,010 1,884 Cash 4,499 4,234 Foreign exchange gain (loss) on income (2) 11 Subscriptions receivable - 22 Foreign exchange gain (loss) on currency 74 36 Receivable from investments sold 556 - Income from securities lending 4 6 Realized gain (loss) on sales of investments 1,106 1,513 Interest, dividends and other receivables 313 292 Realized gain (loss) on derivatives (48) (532) Derivative assets 1 - Change in unrealized appreciation (depreciation) 116,390 115,161 in the value of investments (1,104) 3,616 Liabilities Change in unrealized appreciation (depreciation) Current liabilities in the value of derivatives (33) (133) Payable on investments purchased 569 - 2,009 6,401 Accrued expenses and other liabilities 10 18 Expenses Derivative liabilities 34 - Audit fees 2 2 613 18 Transfer agent fees 1 2 Filing fees 9 - Net assets attributable to unitholders 115,777 115,143 Unitholder reporting costs 18 1 Net assets attributable to unitholders per unit Custodial fees 9 32 12.52 12.34 Foreign withholding taxes 246 236 Transaction costs 71 43 356 316 Increase (decrease) in net assets attributable to unitholders 1,653 6,085 Increase (decrease) in net assets attributable to unitholders per unit 0.18 0.75

Signed on behalf of the Fund Manager for Manulife Asset Management Global Equity II Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

208 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 1,653 6,085 Net assets attributable to unitholders - beginning of Adjustments for: period 115,143 83,227 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (5) 2 unitholders 1,653 6,085 Realized gain (loss) on sales of investments (1,106) (1,513) Security Transactions Realized gain (loss) on derivatives 48 532 Proceeds from units issued 454 34,241 Change in unrealized appreciation (depreciation) Redemption of units (1,473) (9,279) in the value of investments 1,104 (3,616) Total security transactions (1,019) 24,962 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 115,777 114,274 in the value of derivatives 33 133 Purchases of investments (28,038) (57,840) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 27,597 32,589 Units outstanding beginning of period 9,334 6,917 Receivable from Manager - (1) Units issued 36 2,691 Interest, dividends and other receivables (21) (201) Units issued for reinvestment of distributions - - Accrued expenses and other liabilities (8) 7 Units redeemed (119) (733) Net cash provided by (used in) operating Units outstanding end of period 9,251 8,875 activities 1,257 (23,823) Cash flows from financing activities Proceeds from sale of units 476 34,213 Payments for units redeemed (1,473) (9,279) Net cash provided by (used in) financing activities (997) 24,934 Change in unrealized foreign exchange gain (loss) on currency 5 (2) Net increase (decrease) in cash 260 1,109 Cash (bank overdraft) beginning of period 4,234 1,820 Cash (bank overdraft) end of period 4,499 2,929 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 2 - Dividends received, net of foreign withholding taxes 1,743 1,458

The accompanying notes are an integral part of the financial statements.

209 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

The accompanying notes are an integral part of the financial statements.

210 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL EQUITY II POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

Equities United States 42.3 41.1 Netherlands 12.3 10.1 Switzerland 10.3 11.9 France 7.9 5.7 Ireland 5.6 3.8 Australia 3.2 3.1 Germany 2.9 3.5 Japan 1.9 6.7 Hong Kong 1.9 2.1 Jersey 1.6 1.5 Cayman Islands 1.4 1.3 South Korea 1.4 1.0 Great Britain 1.1 3.4 Brazil 1.1 - Taiwan 1.0 0.9 Other assets less liabilities 4.1 3.9 100.0 100.0

The accompanying notes are an integral part of the financial statements.

211 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT GLOBAL EQUITY INDEX POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes, net of currency Investments, at fair value 45,705 43,865 loss on foreign short term notes 291 (81) Cash 128 1,767 Foreign exchange gain (loss) on currency (4) (114) Margin deposited on derivatives 679 89 Realized gain (loss) on derivatives 66 821 Derivative assets - 224 Change in unrealized appreciation (depreciation) in the value of investments 2,130 3,105 46,512 45,945 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives (514) 91 Current liabilities 1,969 3,822 Payable on investments purchased - 1,673 Accrued expenses and other liabilities 8 12 Expenses Audit fees 2 3 Derivative liabilities 290 - Transfer agent fees 1 2 298 1,685 Unitholder reporting costs 7 1 Custodial fees 4 14 Net assets attributable to unitholders 46,214 44,260 Transaction costs 1 1 Net assets attributable to unitholders per unit 15 21 10.36 9.92 Increase (decrease) in net assets attributable to unitholders 1,954 3,801 Increase (decrease) in net assets attributable to unitholders per unit 0.44 0.74

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 44,260 47,555 Increase (decrease) in net assets attributable to unitholders 1,954 3,801 Security Transactions Net assets attributable to unitholders - end of period 46,214 51,356

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 4,461 5,169 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 4,461 5,169

Signed on behalf of the Fund Manager for Manulife Asset Management Global Equity Bernard Letendre Warren Thomson Index Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

212 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL EQUITY INDEX POOLED MANULIFE ASSET MANAGEMENT GLOBAL EQUITY INDEX POOLED FUND FUND

Mutual Funds 89.2 88.3 Short-Term Investments 9.7 10.8 Derivative assets - 0.5 Derivative liabilities (0.6) - Other assets less liabilities 1.7 0.4 100.0 100.0

FUTURES CONTRACTS (0.6%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 71 USD 1,125.40 mini MSCI Emerging Markets Index Futures Sep 21, 2018 USD 3,775 USD 1,063.30 (290) Derivative liabilities (290)

The accompanying notes are an integral part of the financial statements.

213 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND

Assets Income Current assets Dividend income 19 18 Investments, at fair value 2,181 2,018 Realized gain (loss) on sales of investments (18) (2) Cash 35 7 Realized gain (loss) on derivatives 1 - Interest, dividends and other receivables 2 2 Change in unrealized appreciation (depreciation) in the value of investments 175 (263) 2,218 2,027 177 (247) Liabilities Expenses Current liabilities Audit fees 3 1 Payable on investments purchased 9 - Transfer agent fees 1 2 Accrued expenses and other liabilities 7 10 Unitholder reporting costs 3 1 16 10 Custodial fees 3 12 Foreign withholding taxes 2 1 Net assets attributable to unitholders 2,202 2,017 12 17 Net assets attributable to unitholders per unit 9.94 9.21 Increase (decrease) in net assets attributable to unitholders 165 (264) Increase (decrease) in net assets attributable to unitholders per unit 0.77 (1.22)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 2,017 1,973 Increase (decrease) in net assets attributable to unitholders 165 (264) Security Transactions Proceeds from units issued 74 65 Redemption of units (54) -

Total security transactions 20 65

Net assets attributable to unitholders - end of period 2,202 1,774

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 219 212 Units issued 9 7 Units issued for reinvestment of distributions - - Units redeemed (6) -

Units outstanding end of period 222 219

Signed on behalf of the Fund Manager for Manulife Asset Management Global Natural Bernard Letendre Warren Thomson Resources Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

214 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 99.0% unitholders 165 (264) United States 43.2% Adjustments for: Energy 34.8% Realized gain (loss) on sales of investments 18 2 493 Anadarko Petroleum Corp. 43 48 Realized gain (loss) on derivatives (1) - 239 Apache Corp. 24 15 Change in unrealized appreciation (depreciation) 546 Cabot Oil & Gas Corp. 19 17 in the value of investments (175) 263 508 Callon Petroleum Co. 9 7 Purchases of investments (217) (193) 418 Chevron Corp. 59 70 Proceeds from disposition of investments 221 127 185 Cimarex Energy Co. 26 25 Accrued expenses and other liabilities (3) 2 198 Concho Resources, Inc. 28 36 Net cash provided by (used in) operating 358 ConocoPhillips 29 33 activities 8 (63) 502 Continental Resources, Inc. 35 43 679 Devon Energy Corp. 47 39 Cash flows from financing activities 105 Diamondback Energy, Inc. 12 18 Proceeds from sale of units 74 65 379 EOG Resources, Inc. 43 62 Payments for units redeemed (54) - 200 EQT Corp. 18 15 Net cash provided by (used in) financing 242 Exxon Mobil Corp. 26 26 activities 20 65 734 Halliburton Co. 40 44 169 Helmerich & Payne, Inc. 17 14 Net increase (decrease) in cash 28 2 315 Hess Corp. 30 28 Cash (bank overdraft) beginning of period 7 5 956 Marathon Oil Corp. 31 26 Cash (bank overdraft) end of period 35 7 178 Noble Energy, Inc. 8 8 Supplemental information on cash flows from operating activities: 519 Parsley Energy, Inc. 21 21 Dividends received, net of foreign withholding 725 Patterson-UTI Energy, Inc. 17 17 taxes 17 17 191 Phillips 66 19 28 154 Pioneer Natural Resources Co. 33 38 306 Range Resources Corp. 14 7 78 Resolute Energy Corp. 4 3 118 RPC, Inc. 3 2 188 RSP Permian, Inc. 10 11 545 The Williams Cos., Inc. 20 19 207 Valero Energy Corp. 21 30 732 WPX Energy, Inc. 12 17 718 767 Materials 8.4% 3 Albemarle Corp. - - 238 Alcoa Corp. 13 15 539 DowDuPont, Inc. 31 47 414 Freeport-McMoRan, Inc. 16 9 214 International Paper Co. 11 15 84 Newmont Mining Corp. 4 4 153 Nucor Corp. 12 13 752 Southern Copper Corp. 27 46 156 Steel Dynamics, Inc. 7 10 57 The Chemours Co. 1 3 45 The Sherwin-Williams Co. 16 24 138 186 856 953 Canada 39.3% Energy 17.0% 2,876 Advantage Oil & Gas Ltd. 20 12 495 ARC Resources Ltd. 8 7 1,911 Birchcliff Energy Ltd. 18 9 1,022 Cameco Corp. 19 15

The accompanying notes are an integral part of the financial statements.

215 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

The accompanying notes are an integral part of the financial statements.

216 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL NATURAL RESOURCES POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy 34.8 32.6 Materials 8.4 10.4 Canada Energy 17.0 18.7 Materials 22.3 24.3 Global Energy 10.4 8.4 Materials 6.1 5.7 Other assets less liabilities 1.0 (0.1) 100.0 100.0

The accompanying notes are an integral part of the financial statements.

217 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND

Assets Income Current assets Dividend income 18 18 Investments, at fair value 1,945 1,824 Foreign exchange gain (loss) on currency (1) - Cash 14 9 Realized gain (loss) on sales of investments (79) 1 Receivable from investments sold 2 - Realized gain (loss) on derivatives 1 - Interest, dividends and other receivables 2 2 Change in unrealized appreciation (depreciation) in the value of investments 269 (415) 1,963 1,835 208 (396) Liabilities Expenses Current liabilities Audit fees 2 1 Accrued expenses and other liabilities 8 10 Transfer agent fees 1 2 810Unitholder reporting costs 1 1 Custodial fees 8 13 Net assets attributable to unitholders 1,955 1,825 Foreign withholding taxes 2 1 Net assets attributable to unitholders per unit Transaction costs 1 - 8.55 7.74 15 18 Increase (decrease) in net assets attributable to unitholders 193 (414) Increase (decrease) in net assets attributable to unitholders per unit 0.85 (1.77)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 1,825 1,953 Increase (decrease) in net assets attributable to unitholders 193 (414) Security Transactions Proceeds from units issued 68 93 Redemption of units (131) (2)

Total security transactions (63) 91

Net assets attributable to unitholders - end of period 1,955 1,630

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 236 226 Units issued 9 11 Units issued for reinvestment of distributions - - Units redeemed (16) -

Units outstanding end of period 229 237

Signed on behalf of the Fund Manager for Manulife Asset Management Global Energy Bernard Letendre Warren Thomson Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

218 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 99.5% unitholders 193 (414) United States 56.3% Adjustments for: Energy 56.0% Realized gain (loss) on sales of investments 79 (1) 623 Anadarko Petroleum Corp. 55 60 Realized gain (loss) on derivatives (1) - 107 Andeavor 15 18 Change in unrealized appreciation (depreciation) 338 Apache Corp. 32 21 in the value of investments (269) 415 697 Cabot Oil & Gas Corp. 24 22 Purchases of investments (210) (265) 712 Callon Petroleum Co. 12 10 Proceeds from disposition of investments 278 169 52 Cheniere Energy, Inc. 4 4 Interest, dividends and other receivables - 1 497 Chevron Corp. 70 83 Accrued expenses and other liabilities (2) 1 288 Cimarex Energy Co. 40 39 Net cash provided by (used in) operating 266 Concho Resources, Inc. 38 48 activities 68 (94) 514 ConocoPhillips 42 47 543 Continental Resources, Inc. 37 46 Cash flows from financing activities 882 Devon Energy Corp. 61 51 Proceeds from sale of units 68 93 205 Diamondback Energy, Inc. 21 36 Payments for units redeemed (131) (2) 494 EOG Resources, Inc. 57 81 Net cash provided by (used in) financing 309 EQT Corp. 27 22 activities (63) 91 478 Exxon Mobil Corp. 51 52 1,028 Halliburton Co. 56 61 Net increase (decrease) in cash 5(3) 169 Helmerich & Payne, Inc. 17 14 Cash (bank overdraft) beginning of period 9 9 408 Hess Corp. 41 36 Cash (bank overdraft) end of period 14 6 1,337 Marathon Oil Corp. 45 37 Supplemental information on cash flows from operating activities: 329 Noble Energy, Inc. 15 15 Dividends received, net of foreign withholding 90 Occidental Petroleum Corp. 9 10 taxes 16 18 651 Parsley Energy, Inc. 26 26 1,051 Patterson-UTI Energy, Inc. 25 25 308 Phillips 66 30 46 201 Pioneer Natural Resources Co. 44 50 476 Range Resources Corp. 23 10 154 Resolute Energy Corp. 9 6 315 RPC, Inc. 8 6 313 RSP Permian, Inc. 16 18 816 The Williams Cos., Inc. 31 29 285 Valero Energy Corp. 27 42 960 WPX Energy, Inc. 16 23 1,024 1,094 Materials 0.3% 21 Albemarle Corp. 2 2 46 DowDuPont, Inc. 4 4 66 1,030 1,100 Canada 25.8% Energy 25.8% 3,592 Advantage Oil & Gas Ltd. 23 15 1,051 ARC Resources Ltd. 19 14 2,565 Birchcliff Energy Ltd. 23 12 610 Calfrac Well Services Ltd. 7 3 72 Cameco Corp. 1 1 1,260 Canadian Natural Resources Ltd. 56 60 2,106 Cenovus Energy, Inc. 38 29 2,311 Encana Corp. 43 40 1,763 Enerplus Corp. 28 29 1,298 Husky Energy, Inc. 23 27

The accompanying notes are an integral part of the financial statements.

219 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL ENERGY POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 130 International Petroleum Corp. 1 1 Materials 0.6% 3,322 Kelt Exploration Ltd. 16 30 81 LyondellBasell Industries NV 10 12 337 Keyera Corp. 15 12 338 341 4,937 Leucrotta Exploration, Inc. 7 10 1,138 NexGen Energy Ltd. 2 3 Investments 1,931 1,945 2,146 NuVista Energy Ltd. 17 20 Transaction costs (1) 759 Paramount Resources Ltd., Class A 35 11 923 Parex Resources, Inc. 12 23 Total investments 1,930 1,945 5,088 Precision Drilling Corp. 41 22 Other assets less liabilities 0.5% 10 1,154 Seven Generations Energy Ltd. 21 17 Net assets attributable to unitholders 1,596 Suncor Energy, Inc. 68 85 100.0% 1,955 891 Tourmaline Oil Corp. 46 21 1,516 Trican Well Service Ltd. 5 4 CONCENTRATION RISK 308 Vermilion Energy, Inc. 16 15 The following table shows a summary of the Fund’s concentration risk. 563 504 % of Net assets attributable to Global 17.4% unitholders Energy 16.8% Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 1,222 BP PLC, ADR 63 73 Equities 1,084 Galp Energia SGPS SA 26 27 United States 2,380 Hurricane Energy PLC 2 2 Energy 56.0 54.2 906 Lundin Petroleum AB 18 38 Materials 0.3 0.2 697 Rowan Companies PLC 21 15 Canada 973 Royal Dutch Shell PLC, ADR, Class A 77 89 Energy 25.8 30.7 541 Schlumberger Ltd. 61 48 Global 112 Statoil ASA 4 4 Energy 16.8 14.1 578 TechnipFMC PLC 24 24 Materials 0.6 0.7 2,168 Weatherford International PLC 32 9 Other assets less liabilities 0.5 0.1 100.0 100.0 328 329

The accompanying notes are an integral part of the financial statements.

220 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS POOLED FUND POOLED FUND

Assets Income Current assets Dividend income 14 11 Investments, at fair value 2,087 2,112 Foreign exchange gain (loss) on currency 1 (3) Cash 78 80 Realized gain (loss) on sales of investments 26 10 Interest, dividends and other receivables 1 - Change in unrealized appreciation (depreciation) in the value of investments (121) (59) 2,166 2,192 (80) (41) Liabilities Expenses Current liabilities Audit fees 2 1 Accrued expenses and other liabilities 6 6 Transfer agent fees 1 2 66Unitholder reporting costs 2 1 Custodial fees 2 4 Net assets attributable to unitholders 2,160 2,186 78 Net assets attributable to unitholders per unit 9.06 9.46 Increase (decrease) in net assets attributable to unitholders (87) (49) Increase (decrease) in net assets attributable to unitholders per unit (0.37) (0.21)

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 2,186 2,183 Increase (decrease) in net assets attributable to unitholders (87) (49) Security Transactions Proceeds from units issued 90 107 Redemption of units (29) -

Total security transactions 61 107

Net assets attributable to unitholders - end of period 2,160 2,241

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 231 221 Units issued 10 10 Units issued for reinvestment of distributions - - Units redeemed (3) -

Units outstanding end of period 238 231

Signed on behalf of the Fund Manager for Manulife Asset Management Global Precious Bernard Letendre Warren Thomson Metals Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

221 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS POOLED FUND POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 96.0% unitholders (87) (49) Canada 72.2% Adjustments for: Materials 72.2% Change in unrealized foreign exchange gain 2,851 Agnico Eagle Mines Ltd. 113 172 (loss) on currency (4) 2 10,511 Alamos Gold, Inc. 74 79 Realized gain (loss) on sales of investments (26) (10) 4,500 Amarillo Gold Corp. 2 1 Change in unrealized appreciation (depreciation) 4,750 Argonaut Gold, Inc. 18 11 in the value of investments 121 59 6,600 Arizona Mining, Inc. 10 41 Purchases of investments (176) (189) 11,200 Asanko Gold, Inc. 26 16 Proceeds from disposition of investments 106 141 14,300 B2Gold Corp. 38 49 Interest, dividends and other receivables (1) (1) 4,076 Barrick Gold Corp. 75 70 Accrued expenses and other liabilities - 2 30,700 Belo Sun Mining Corp. 25 7 Net cash provided by (used in) operating 7,500 Continental Gold, Inc. 21 28 activities (67) (45) 4,028 Detour Gold Corp. 70 48 8,050 Eldorado Gold Corp. 61 11 Cash flows from financing activities 10,753 Equinox Gold Corp. 13 11 Proceeds from sale of units 90 107 552 First Quantum Minerals Ltd. 13 11 Payments for units redeemed (29) - 6,700 Fortuna Silver Mines, Inc. 35 50 Net cash provided by (used in) financing 1,439 Franco-Nevada Corp. 90 138 activities 61 107 5,193 Goldcorp, Inc. 131 94 7,650 Guyana Goldfields, Inc. 25 38 Change in unrealized foreign exchange gain 3,200 Kinross Gold Corp. 16 16 (loss) on currency 4 (2) 2,300 Kirkland Lake Gold Ltd. 45 64 Net increase (decrease) in cash (6) 60 6,625 Klondex Mines Ltd. 20 20 Cash (bank overdraft) beginning of period 80 1 12,500 Lucara Diamond Corp. 30 26 Cash (bank overdraft) end of period 78 61 975 Lundin Gold, Inc. 4 4 3,200 Lundin Mining Corp. 19 23 Supplemental information on cash flows from operating activities: 4,180 MAG Silver Corp. 39 59 Dividends received, net of foreign withholding 27,900 Mandalay Resources Corp. 26 5 taxes 13 10 775 Mountain Province Diamonds, Inc. 3 3 457 Nevsun Resources Ltd. 2 2 5,200 New Gold, Inc. 32 14 16,267 OceanaGold Corp. 55 59 4,000 Orezone Gold Corp. 4 3 1,333 Osisko Gold Royalties Ltd. 19 17 3,900 Osisko Mining Corp. 11 7 5,500 Platinum Group Metals Ltd. 53 1 2,125 Pretium Resources, Inc. 16 21 4,366 Probe Metals, Inc. 4 6 4,000 Pure Gold Mining, Inc. 2 3 33,400 Roxgold, Inc. 25 37 66 Rubicon Minerals Corp. 15 - 7,950 Sandstorm Gold Ltd. 44 47 9,518 SEMAFO, Inc. 42 36 6,000 Sirios Resources, Inc. 2 1 32,500 Stornoway Diamond Corp. 20 14 4,550 Tahoe Resources, Inc. 84 29 2,850 TMAC Resources, Inc. 27 16 2,365 Torex Gold Resources, Inc. 40 28 3,193 Wheaton Precious Metals Corp. 85 93 7,918 Yamana Gold, Inc. 64 30 1,688 1,559 Global 15.8% Materials 15.8% 6,150 Acacia Mining PLC 31 13

The accompanying notes are an integral part of the financial statements.

222 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS MANULIFE ASSET MANAGEMENT GLOBAL PRECIOUS METALS POOLED FUND POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) 47 BHP Billiton Ltd., ADR 4 3 14,000 Centamin PLC 16 29 1,200 Doray Minerals Ltd. 1 - 3,555 Endeavour Mining Corp. 51 84 504 Evolution Mining Ltd. 1 2 2,225 Fresnillo PLC 34 44 3,229 Gemfields PLC 4 2 2,340 Newcrest Mining Ltd. 48 50 7,354 Petra Diamonds Ltd. 18 7 8,500 Rambler Metals and Mining PLC 1 1 1,017 Randgold Resources Ltd., ADR 92 103 138 South32 Ltd., ADR 1 3 302 341 United States 8.0% Materials 8.0% 1,175 Freeport-McMoRan, Inc. 46 26 2,616 Newmont Mining Corp. 121 130 290 Southern Copper Corp. 10 18 177 174 2,167 2,074 EXCHANGE-TRADED FUNDS 0.6% 1,203 iShares Gold Bullion ETF 14 13 Investments 2,181 2,087 Transaction costs (5) Total investments 2,176 2,087 Other assets less liabilities 3.4% 73 Net assets attributable to unitholders 100.0% 2,160

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Materials 72.2 72.1 Global Materials 15.8 17.6 United States Materials 8.0 6.3 Exchange-Traded Funds 0.6 0.6 Other assets less liabilities 3.4 3.4 100.0 100.0

The accompanying notes are an integral part of the financial statements.

223 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND

Assets Income Current assets Interest for distribution purposes 1 - Investments, at fair value 9,994 8,028 Dividend income 116 62 Cash 2 107 Foreign exchange gain (loss) on currency 12 - Receivable from investments sold 133 - Income from securities lending - 4 Interest, dividends and other receivables 11 5 Realized gain (loss) on sales of investments 98 267 Realized gain (loss) on derivatives (1) (1) 10,140 8,140 Change in unrealized appreciation (depreciation) Liabilities in the value of investments (177) (33) Current liabilities 49 299 Redemptions payable - 9 Expenses Payable on investments purchased 118 - Audit fees 2 1 Accrued expenses and other liabilities 6 8 Transfer agent fees 1 2 124 17 Interest expense & bank charges 1 - Unitholder reporting costs 7 1 Net assets attributable to unitholders 10,016 8,123 Custodial fees 5 8 Net assets attributable to unitholders per unit Foreign withholding taxes 16 8 10.05 10.01 Transaction costs 8 4 40 24 Increase (decrease) in net assets attributable to unitholders 9 275 Increase (decrease) in net assets attributable to unitholders per unit 0.02 0.60

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 8,123 4,557 Increase (decrease) in net assets attributable to unitholders 9 275 Security Transactions Proceeds from units issued 2,001 - Redemption of units (117) -

Total security transactions 1,884 -

Net assets attributable to unitholders - end of period 10,016 4,832

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 812 459 Units issued 196 - Units issued for reinvestment of distributions - - Units redeemed (12) -

Units outstanding end of period 996 459

Signed on behalf of the Fund Manager for Manulife Asset Management Global Small Bernard Letendre Warren Thomson Cap Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

224 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 97.4% unitholders 9 275 United States 48.7% Adjustments for: Energy 2.8% Change in unrealized foreign exchange gain 17,803 Gran Tierra Energy, Inc. 53 81 (loss) on currency (1) - 4,575 Patterson-UTI Energy, Inc. 125 108 Realized gain (loss) on sales of investments (98) (267) 1,202 PDC Energy, Inc. 101 96 Realized gain (loss) on derivatives 1 1 Change in unrealized appreciation (depreciation) 279 285 in the value of investments 177 33 Materials 2.5% Purchases of investments (5,507) (1,915) 942 Kaiser Aluminum Corp. 131 129 Proceeds from disposition of investments 3,446 1,870 4,115 Valvoline, Inc. 129 117 Interest, dividends and other receivables (6) - 260 246 Accrued expenses and other liabilities (2) 3 Industrials 9.4% Net cash provided by (used in) operating 2,425 ABM Industries, Inc. 129 93 activities (1,981) - 1,014 American Woodmark Corp. 144 122 Cash flows from financing activities 1,383 Deluxe Corp. 130 120 Proceeds from sale of units 2,001 - 1,214 EMCOR Group, Inc. 127 122 Payments for units redeemed (126) - 3,232 GMS, Inc. 150 115 Net cash provided by (used in) financing 7,917 Mueller Water Products, Inc. 124 122 2,068 The Timken Co. 128 119 activities 1,875 - 536 Unifirst Corp. 113 125 Change in unrealized foreign exchange gain 1,045 938 (loss) on currency 1 - Net increase (decrease) in cash (106) - Consumer Discretionary 6.1% Cash (bank overdraft) beginning of period 107 3 5,445 Build-A-Bear Workshop, Inc. 61 54 2,235 Cinemark Holdings, Inc. 106 103 Cash (bank overdraft) end of period 23 1,780 Dave & Buster’s Entertainment, Inc. 117 112 Supplemental information on cash flows from operating activities: 2,142 PetMed Express, Inc. 101 124 Dividends received, net of foreign withholding 1,752 Tenneco, Inc. 129 101 taxes 95 54 1,420 Williams-Sonoma, Inc. 98 115 Interest paid 1 - 612 609 Health Care 5.8% 390 Bio-Rad Laboratories, Inc. 129 148 10,184 Enzo Biochem, Inc. 85 69 1,651 Merit Medical Systems, Inc. 94 111 2,530 Prestige Brands Holdings, Inc. 113 128 2,023 Syneos Health, Inc. 106 125 527 581 Financials 10.6% 3,377 Access National Corp. 126 127 1,691 Banner Corp. 124 134 5,585 Brookline Bancorp, Inc. 114 137 5,471 Hope Bancorp, Inc. 130 128 1,148 South State Corp. 131 130 2,723 Union Bankshares Corp. 130 139 3,495 Univest Corp. Of PA 127 127 8,587 Valley National Bancorp 134 137 1,016 1,059 Information Technology 5.6% 5,432 Casa Systems, Inc. 130 117 5,524 FormFactor, Inc. 99 96 1,003 j2 Global, Inc. 113 114

The accompanying notes are an integral part of the financial statements.

225 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 5,295 TTM Technologies, Inc. 116 123 13,400 Mitsubishi UFJ Lease & Finance Co., Ltd. 102 108 1,970 Verint Systems, Inc. 101 115 9,655 UNIQA Insurance Group AG 130 117 559 565 355 333 Telecommunication Services 1.2% Information Technology 8.1% 4,129 Boingo Wireless, Inc. 125 123 3,800 Alps Electric Co., Ltd. 118 128 595 Com2uS Corp. 96 118 Utilities 1.1% 4,100 Dena Co., Ltd. 101 101 2,001 Portland General Electric Co. 121 112 30,212 Equiniti Group PLC 159 130 Real Estate 3.6% 630 Hirose Electric Co., Ltd. 113 103 2,033 American Assets Trust, Inc. 98 102 3,579 Neopost SA 129 126 3,026 First Industrial Realty Trust, Inc. 124 133 738 NICE-Systems Ltd. 85 101 5,183 Retail Opportunity Investments Corp. 128 131 801 807 350 366 Telecommunication Services 0.8% 4,894 4,884 3,738 Orange Belgium 101 83 Global 43.5% Utilities 1.1% Materials 3.3% 4,294 EVN AG 99 106 3,119 Corbion NV 126 131 Real Estate 4.2% 128,700 PT Semen Indonesia (Persero) Tbk 115 84 31 Advance Residence Investment Corp. 97 105 8,739 RPC Group PLC 128 113 11,719 Hammerson PLC 103 106 369 328 121,878 Redefine Properties Ltd. 120 123 Industrials 6.8% 134,500 SOHO China Ltd. 100 84 3,500 COMSYS Holdings Corp. 122 122 420 418 3,600 Hitachi Transport System Ltd. 120 121 4,475 4,356 31,500 Johnson Electric Holdings Ltd. 154 121 26,848 QinetiQ Group PLC 102 126 Canada 5.2% 6,000 Tadano Ltd. 121 97 Energy 1.1% 3,457 Ultra Electronics Holdings PLC 79 99 15,059 Secure Energy Services, Inc. 119 109 698 686 Materials 2.2% 9,677 Detour Gold Corp. 121 115 Consumer Discretionary 7.1% 14,521 Lundin Mining Corp. 109 106 2,500 Bandai Namco Holdings, Inc. 106 136 66,500 Genting Malaysia Bhd 112 106 230 221 813 Hyundai Department Store Co., Ltd. 97 111 Consumer Discretionary 1.9% 2,719 Ipsos SA 129 122 1,555 Cogeco Communications, Inc. 131 102 2,982 Lagardere SCA 123 103 1,509 Linamar Corp. 104 87 2,391 Modern Times Group MTG AB 127 132 235 189 694 710 584 519 Consumer Staples 5.1% 4,342 Ebro Foods SA 131 133 9,953 9,759 2,600 Matsumotokiyoshi Holdings Co., Ltd. 140 154 SHORT-TERM INVESTMENTS 2.4% 3,781 Ontex Group NV 152 109 USD 178,731 State Street Co. Can US Dollar Call Deposit, 188,300 PT Indofood Sukses Makmur Tbk 131 115 1.00%, Jul 03, 2018 234 235 554 511 Investments 10,187 9,994 Health Care 3.7% Transaction costs (13) 5,229 Ansell Ltd. 129 138 1,188 Gerresheimer AG 126 127 Total investments 10,174 9,994 2,850 RHOEN-KLINIKUM Aktiengesellschaft 129 109 Other assets less liabilities 0.2% 22 384 374 Net assets attributable to unitholders Financials 3.3% 100.0% 10,016 5,200 Credit Saison Co., Ltd. 123 108

The accompanying notes are an integral part of the financial statements.

226 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND MANULIFE ASSET MANAGEMENT GLOBAL SMALL CAP EQUITY POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities United States Energy 2.8 1.9 Materials 2.5 2.5 Industrials 9.4 9.8 Consumer Discretionary 6.1 5.1 Consumer Staples - 2.0 Health Care 5.8 6.3 Financials 10.6 8.3 Information Technology 5.6 6.6 Telecommunication Services 1.2 1.0 Utilities 1.1 2.0 Real Estate 3.6 4.6 Global Energy - 1.1 Materials 3.3 3.7 Industrials 6.8 5.6 Consumer Discretionary 7.1 7.0 Consumer Staples 5.1 3.9 Health Care 3.7 3.7 Financials 3.3 4.7 Information Technology 8.1 6.1 Telecommunication Services 0.8 0.9 Utilities 1.1 1.1 Real Estate 4.2 4.5 Canada Energy 1.1 1.1 Materials 2.2 2.3 Consumer Discretionary 1.9 2.1 Short-Term Investments 2.4 0.9 Other assets less liabilities 0.2 1.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

227 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED FUND FUND

Assets Income Current assets Interest for distribution purposes 1 - Investments, at fair value 49,542 46,249 Dividend income 929 1,058 Cash 975 2,019 Foreign exchange gain (loss) on income (1) (1) Subscriptions receivable - 55 Foreign exchange gain (loss) on currency (23) 191 Receivable from investments sold 1,300 - Income from securities lending 5 2 Realized gain (loss) on sales of investments 1,779 1,175 Receivable from Manager - 28 Realized gain (loss) on derivatives 1 (121) Interest, dividends and other receivables 81 56 Change in unrealized appreciation (depreciation) Derivative assets 3 - in the value of investments (1,814) 1,315 51,901 48,407 Change in unrealized appreciation (depreciation) Liabilities in the value of derivatives 2 - Current liabilities 879 3,619 Redemptions payable 8 - Expenses Payable on investments purchased 1,398 - Audit fees 6 2 Accrued expenses and other liabilities 11 16 Transfer agent fees 1 2 Derivative liabilities 1 - Interest expense & bank charges - 2 1,418 16 Unitholder reporting costs 13 1 Custodial fees 2 14 Net assets attributable to unitholders 50,483 48,391 Foreign withholding taxes 91 66 Net assets attributable to unitholders per unit Transaction costs 65 108 8.13 8.01 178 195 Less operating expenses absorbed by manager - (3) Net operating expenses 178 192 Increase (decrease) in net assets attributable to unitholders 701 3,427 Increase (decrease) in net assets attributable to unitholders per unit 0.11 0.65

Signed on behalf of the Fund Manager for Manulife Asset Management International Bernard Letendre Warren Thomson Equity Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

228 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED FUND FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 701 3,427 Net assets attributable to unitholders - beginning of Adjustments for: period 48,391 33,635 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency 1 22 unitholders 701 3,427 Realized gain (loss) on sales of investments (1,779) (1,175) Security Transactions Realized gain (loss) on derivatives (1) 121 Proceeds from units issued 2,567 15,977 Change in unrealized appreciation (depreciation) Redemption of units (1,176) (187) in the value of investments 1,814 (1,315) Total security transactions 1,391 15,790 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 50,483 52,852 in the value of derivatives (2) - Purchases of investments (21,869) (36,506) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 18,640 20,627 Units outstanding beginning of period 6,040 4,828 Receivable from Manager 28 (8) Units issued 313 2,005 Interest, dividends and other receivables (25) (135) Units issued for reinvestment of distributions - - Accrued expenses and other liabilities (5) (1) Units redeemed (143) (23) Net cash provided by (used in) operating Units outstanding end of period 6,210 6,810 activities (2,497) (14,943) Cash flows from financing activities Proceeds from sale of units 2,622 15,977 Payments for units redeemed (1,168) (187) Net cash provided by (used in) financing activities 1,454 15,790 Change in unrealized foreign exchange gain (loss) on currency (1) (22) Net increase (decrease) in cash (1,043) 825 Cash (bank overdraft) beginning of period 2,019 499 Cash (bank overdraft) end of period 975 1,324 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 1 - Dividends received, net of foreign withholding taxes 809 854

The accompanying notes are an integral part of the financial statements.

229 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

The accompanying notes are an integral part of the financial statements.

230 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED FUND FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs (105) Total Investments 47,485 49,542 Derivative assets 0.0% 3 Derivative liabilities (0.0%) (1) Other assets less liabilities 1.9% 939 Net assets attributable to unitholders 100.0% 50,483

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

Equities Japan 19.1 21.2 Great Britain 18.1 21.7 France 9.4 6.6 Netherlands 6.3 3.1 Ireland 5.5 3.5 Germany 5.0 5.2 South Korea 4.7 2.7 Switzerland 4.3 3.6 Spain 4.0 4.2 Australia 3.9 5.8 Sweden 2.3 0.3 Luxembourg 2.3 2.0 Cayman Islands 2.2 3.0 Jersey 2.0 1.5 China 1.9 0.5 Denmark 1.8 2.9 Israel 1.8 1.2 India 1.5 2.1 Austria 1.3 1.2 United States 0.7 0.7 Taiwan - 0.1 Italy - 1.8 Hong Kong - 0.7 Other assets less liabilities 1.9 4.4 100.0 100.0

The accompanying notes are an integral part of the financial statements.

231 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY POOLED FUND

The accompanying notes are an integral part of the financial statements.

232 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND

Assets Income Current assets Interest for distribution purposes 5 2 Investments, at fair value 188,333 183,128 Dividend income 4,584 3,774 Cash 7,955 8,481 Foreign exchange gain (loss) on income (4) (2) Receivable from investments sold 1,821 - Foreign exchange gain (loss) on currency 10 (147) Receivable from Manager - 1 Realized gain (loss) on sales of investments (500) 3,656 Realized gain (loss) on derivatives (9) 119 Interest, dividends and other receivables 735 385 Change in unrealized appreciation (depreciation) 198,844 191,995 in the value of investments (1,544) 7,765 Liabilities Change in unrealized appreciation (depreciation) Current liabilities in the value of derivatives (5) - Payable on investments purchased 2,926 - 2,537 15,167 Accrued expenses and other liabilities 14 21 Expenses Derivative liabilities 5 - Audit fees 4 2 2,945 21 Transfer agent fees 1 2 Unitholder reporting costs 32 1 Net assets attributable to unitholders 195,899 191,974 Custodial fees 6 48 Net assets attributable to unitholders per unit Foreign withholding taxes 453 365 66.20 65.51 Transaction costs 64 97 560 515 Less operating expenses absorbed by manager - (1) Net operating expenses 560 514 Increase (decrease) in net assets attributable to unitholders 1,977 14,653 Increase (decrease) in net assets attributable to unitholders per unit 0.69 5.47

Signed on behalf of the Fund Manager for Manulife Asset Management International Bernard Letendre Warren Thomson Equity II Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

233 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 1,977 14,653 Net assets attributable to unitholders - beginning of Adjustments for: period 191,974 165,758 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (18) 5 unitholders 1,977 14,653 Realized gain (loss) on sales of investments 500 (3,656) Security Transactions Realized gain (loss) on derivatives 9 (119) Proceeds from units issued 3,236 13,306 Change in unrealized appreciation (depreciation) Redemption of units (1,288) (11,823) in the value of investments 1,544 (7,765) Total security transactions 1,948 1,483 Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 195,899 181,894 in the value of derivatives 5 - Purchases of investments (19,232) (29,630) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 13,079 30,726 Units outstanding beginning of period 2,930 2,735 Receivable from Manager 1 5 Units issued 48 206 Interest, dividends and other receivables (350) (330) Units issued for reinvestment of distributions - - Accrued expenses and other liabilities (7) 12 Units redeemed (19) (193) Net cash provided by (used in) operating Units outstanding end of period 2,959 2,748 activities (2,492) 3,901 Cash flows from financing activities Proceeds from sale of units 3,236 13,306 Payments for units redeemed (1,288) (11,864) Net cash provided by (used in) financing activities 1,948 1,442 Change in unrealized foreign exchange gain (loss) on currency 18 (5) Net increase (decrease) in cash (544) 5,338 Cash (bank overdraft) beginning of period 8,481 6,650 Cash (bank overdraft) end of period 7,955 11,988 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 5 2 Dividends received, net of foreign withholding taxes 3,780 3,077

The accompanying notes are an integral part of the financial statements.

234 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE EQUITIES 96.1% CONTRACTS NAME ($) (’000) ($) (’000) Japan 21.2% 9,974 Henkel AG & Co. KGaA, Preferred 1,577 1,677 54,500 Alps Electric Co., Ltd. 1,750 1,842 13,122 Merck KGaA 1,816 1,685 35,700 Bandai Namco Holdings, Inc. 1,392 1,938 6,058 Muenchener 32,100 Bridgestone Corp. 1,567 1,652 Rueckversicherungs-Gesellschaft AG in 55,200 Dena Co., Ltd. 1,375 1,362 Muenchen 1,513 1,685 13,400 East Japan Railway Co. 1,623 1,689 36,724 ProSiebenSat.1 Media AG 1,534 1,226 9,595 Hirose Electric Co., Ltd. 1,738 1,565 12,844 SAP SE 1,507 1,952 170,209 Hitachi Ltd. 1,258 1,580 9,396 Siemens AG 1,413 1,634 44,786 Honda Motor Co., Ltd. 1,745 1,730 96,271 Isuzu Motors Ltd. 1,721 1,682 20,703 23,222 48,113 Japan Tobacco, Inc. 2,070 1,768 France 10.7% 45,034 Keisei Electric Railway Co., Ltd. 1,395 2,035 51,505 AXA SA 1,532 1,662 21,200 Kyocera Corp. 1,586 1,573 20,542 BNP Paribas SA 1,481 1,678 27,426 Matsumotokiyoshi Holdings Co., Ltd. 1,060 1,620 46,034 Carrefour SA 1,314 981 141,100 Mitsubishi Chemical Holdings Corp. 1,265 1,554 59,071 Engie SA 1,158 1,191 56,500 Mitsubishi Corp. 1,539 2,065 10,000 Engie SA 228 202 90,675 Mitsubishi Electric Corp. 1,566 1,588 14,354 ICADE 1,629 1,770 202,925 Mitsubishi UFJ Financial Group, Inc. 1,468 1,521 14,078 Ingenico Group SA 1,639 1,665 60,970 Mitsui Fudosan Co., Ltd. 1,775 1,936 48,335 Lagardere SCA 1,606 1,679 26,861 Nippon Telegraph & Telephone Corp. 1,630 1,607 80,038 Orange SA 1,677 1,763 81,500 ORIX Corp. 1,743 1,696 18,044 Publicis Groupe SA 1,714 1,633 31,711 Seven & I Holdings Co., Ltd. 1,868 1,819 16,840 Sanofi 1,763 1,776 208,026 Sumitomo Chemical Co., Ltd. 1,334 1,552 14,848 Schneider Electric SE 1,342 1,629 36,100 Toyo Suisan Kaisha Ltd. 1,965 1,691 22,177 Total SA 1,365 1,778 28,159 Toyota Motor Corp. 2,168 2,398 13,089 Vinci SA 1,196 1,656 38,601 41,463 19,644 21,063 Great Britain 15.5% Switzerland 5.9% 88,153 Antofagasta PLC 781 1,516 19,556 Adecco Group AG 1,502 1,522 20,693 AstraZeneca PLC 1,775 1,888 70,036 Credit Suisse Group AG 1,330 1,387 190,760 Aviva PLC 1,620 1,670 22,496 Julius Baer Group Ltd. 1,244 1,737 415,482 Barclays PLC 1,338 1,364 24,617 LafargeHolcim Ltd. 1,687 1,578 178,447 BP PLC 1,325 1,792 18,800 Nestlé SA 1,956 1,915 71,919 GlaxoSmithKline PLC 1,978 1,911 18,158 Novartis AG 1,946 1,811 149,587 HSBC Holdings PLC 1,455 1,846 5,647 Roche Holding AG 1,886 1,650 35,783 Imperial Brands PLC 2,213 1,754 11,551 11,600 139,769 Informa PLC 1,558 2,027 313,648 Kingfisher PLC 1,901 1,618 Netherlands 4.4% 197,821 Meggitt PLC 1,527 1,695 199,730 Aegon NV 1,111 1,575 58,856 Royal Dutch Shell PLC, Class A 1,858 2,691 14,250 Akzo Nobel NV 1,273 1,605 129,566 RPC Group PLC 1,891 1,683 14,599 Heineken Holding NV 1,552 1,841 67,623 Smiths Group PLC 1,732 1,994 80,179 ING Groep NV 1,272 1,518 114,801 Standard Chartered PLC 1,236 1,381 35,985 Koninklijke Philips NV 1,964 2,013 26,065 Unilever PLC 1,607 1,897 7,172 8,552 520,595 Vodafone Group PLC 1,941 1,662 Hong Kong 4.3% 27,736 30,389 143,000 China Mobile Ltd. 2,169 1,671 Germany 11.9% 126,074 CLP Holdings Ltd. 1,795 1,786 6,158 Allianz SE 1,251 1,674 790,000 CNOOC Ltd. 1,236 1,794 12,230 BASF SE 1,340 1,539 790,000 Guangdong Investment Ltd. 1,568 1,650 11,353 Bayer AG 1,542 1,645 418,000 Hang Lung Group Ltd. 2,053 1,542 12,645 Bayerische Motoren Werke AG 1,435 1,508 8,821 8,443 11,503 Deutsche Boerse AG 1,281 2,017 100,393 E.ON SE 1,027 1,411 Australia 4.1% 13,321 Fresenius Medical Care AG & Co. KGaA 1,623 1,767 62,216 Australia & New Zealand Banking Group 16,886 Gerresheimer AG 1,844 1,802 Ltd. 1,729 1,708

The accompanying notes are an integral part of the financial statements.

235 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 65,999 BHP Billiton Ltd. 1,417 2,175 China 0.6% 111,970 Coca-Cola Amatil Ltd. 1,122 1,001 1,005,740 China Petroleum & Chemical Corp., Class H 1,101 1,182 24,323 Commonwealth Bank of Australia 1,834 1,723 Bermuda 0.6% 51,956 National Australia Bank Ltd. 1,467 1,384 313,000 Yue Yuen Industrial Holdings Ltd. 1,635 1,162 7,569 7,991 British Virgin Islands 0.2% Canada 3.8% 6,663,010 Tianhe Chemicals Group Ltd. - 380 19,104 CGI Group, Inc., Class A 1,312 1,591 Cayman Islands 0.0% 2,542 Fairfax Financial Holdings Ltd. 1,562 1,873 100,344 China Metal Recycling Holdings Ltd. - - 67,981 Goldcorp, Inc. 1,154 1,227 55,983 Husky Energy, Inc. 906 1,147 Investments 173,650 188,333 22,192 Magna International, Inc. 1,306 1,697 Transaction costs (192) 6,240 7,535 Total Investments 173,458 188,333 Singapore 2.8% Derivative liabilities (0.0%) (5) 82,400 DBS Group Holdings Ltd. 1,251 2,115 Other assets less liabilities 3.9% 7,571 549,400 Sembcorp Industries Ltd. 1,472 1,458 70,699 United Overseas Bank Ltd. 1,295 1,825 Net assets attributable to unitholders 100.0% 195,899 4,018 5,398 Spain 2.3% CONCENTRATION RISK 232,107 Banco Santander SA 1,440 1,637 The following table shows a summary of the Fund’s concentration risk. 46,934 Repsol SA 1,204 1,209 % of Net assets attributable to 46,934 Repsol SA, Rights 35 35 unitholders 148,072 Telefonica SA 1,994 1,655 Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017

4,673 4,536 Equities Sweden 1.7% Japan 21.2 20.9 32,458 Modern Times Group MTG AB 1,195 1,789 Great Britain 15.5 15.3 Germany 11.9 12.1 52,544 Trelleborg AB 1,541 1,478 France 10.7 10.8 2,736 3,267 Switzerland 5.9 6.3 Ireland 1.6% Netherlands 4.4 3.6 Hong Kong 4.3 4.9 145,352 Bank of Ireland Group Public Ltd., Co. 1,668 1,492 Australia 4.1 4.5 31,738 Smurfit Kappa Group PLC 938 1,692 Canada 3.8 2.9 2,606 3,184 Singapore 2.8 2.7 Spain 2.3 1.6 Norway 1.0% Sweden 1.7 2.5 78,227 DNB ASA 1,294 2,011 Ireland 1.6 0.9 Denmark 0.9% Norway 1.0 0.9 11,836 Carlsberg A/S, Class B 1,467 1,834 Denmark 0.9 0.9 Belgium 0.9 1.4 Belgium 0.9% Jersey 0.9 0.8 39,874 bpost SA 1,438 829 Italy 0.8 0.7 33,023 Ontex Group NV 1,361 954 China 0.6 0.5 2,799 1,783 Bermuda 0.6 0.9 British Virgin Islands 0.2 0.3 Jersey 0.9% Other assets less liabilities 3.9 4.6 23,536 Shire PLC 1,985 1,743 100.0 100.0 Italy 0.8% 65,277 Eni SpA 1,299 1,595

The accompanying notes are an integral part of the financial statements.

236 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY II POOLED FUND

The accompanying notes are an integral part of the financial statements.

237 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

Assets Income Current assets Interest for distribution purposes, net of currency Investments, at fair value 651,840 514,146 loss on foreign short term notes 474 (148) Cash 7,222 6,764 Dividend income 14,566 10,975 Margin deposited on derivatives 3,041 958 Foreign exchange gain (loss) on income 6 5 Subscriptions receivable 278 654 Foreign exchange gain (loss) on currency 597 (24) Receivable from investments sold 7 3 Income from securities lending 43 58 Interest, dividends and other receivables 2,454 1,395 Other income - 1 Realized gain (loss) on sales of investments 194 2,751 Derivative assets - 272 Realized gain (loss) on derivatives 98 3,010 664,842 524,192 Change in unrealized appreciation (depreciation) Liabilities in the value of investments (2,107) 31,589 Change in unrealized appreciation (depreciation) Current liabilities Redemptions payable 27 95 in the value of derivatives (1,054) 9 Accrued expenses and other liabilities 37 42 12,817 48,226 Derivative liabilities 781 - Expenses 845 137 Audit fees 2 3 Transfer agent fees 6 7 Net assets attributable to unitholders 663,997 524,055 Interest expense & bank charges 5 2 Net assets attributable to unitholders per unit Unitholder reporting costs 26 2 14.48 14.18 Custodial fees 74 81 Foreign withholding taxes 1,397 982 Transaction costs 247 34 1,757 1,111 Less operating expenses absorbed by manager - (2) Net operating expenses 1,757 1,109 Increase (decrease) in net assets attributable to unitholders 11,060 47,117 Increase (decrease) in net assets attributable to unitholders per unit 0.27 1.33

Signed on behalf of the Fund Manager for Manulife Asset Management International Bernard Letendre Warren Thomson Equity Index Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

238 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS UNITHOLDERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to unitholders 11,060 47,117 Net assets attributable to unitholders - beginning of Adjustments for: period 524,055 453,302 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (29) - unitholders 11,060 47,117 Realized gain (loss) on sales of investments (194) (2,751) Security Transactions Realized gain (loss) on derivatives (98) (3,010) Proceeds from units issued 147,352 8,230 Change in unrealized appreciation (depreciation) Redemption of units (18,470) (28,513) in the value of investments 2,107 (31,589) Total security transactions 128,882 (20,283) Change in unrealized appreciation (depreciation) Net assets attributable to unitholders - end of period 663,997 480,136 in the value of derivatives 1,054 (9) Purchases of investments (1,033,722) (197,714) Changes due to unitholder transactions(Note 4) Proceeds from disposition of investments 894,208 208,394 Units outstanding beginning of period 36,952 35,768 Margin deposited on derivatives (2,083) - Units issued 10,163 625 Receivable from Manager - 766 Units issued for reinvestment of distributions - - Interest, dividends and other receivables (1,059) (783) Units redeemed (1,270) (2,073) Accrued expenses and other liabilities (5) 12 Units outstanding end of period 45,845 34,320 Net cash provided by (used in) operating activities (128,761) 20,433 Cash flows from financing activities Proceeds from sale of units 147,728 8,441 Payments for units redeemed (18,538) (28,186) Net cash provided by (used in) financing activities 129,190 (19,745) Change in unrealized foreign exchange gain (loss) on currency 29 - Net increase (decrease) in cash 429 688 Cash (bank overdraft) beginning of period 6,764 5,635 Cash (bank overdraft) end of period 7,222 6,323 Supplemental information on cash flows from operating activities: Interest received, net of currency loss on foreign short term notes and foreign withholding taxes 474 (148) Dividends received, net of foreign withholding taxes 12,110 9,213 Interest paid 5 2

The accompanying notes are an integral part of the financial statements.

239 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) EQUITIES 95.4% Japan 22.9% 6,500 FANUC Corp. 1,406 1,699 1,100 ABC-Mart, Inc. 71 79 2,000 Fast Retailing Co., Ltd. 785 1,209 13,700 Acom Co., Ltd. 55 69 20,000 Fuji Electric Co., Ltd. 117 200 20,500 Aeon Co., Ltd. 328 577 20,700 Fuji Heavy Industries Ltd. 634 793 3,700 AEON Financial Service Co., Ltd. 95 104 13,000 FUJIFILM Holdings Corp. 485 668 3,400 Aeon Mall Co., Ltd. 88 80 66,000 Fujitsu Ltd. 436 527 4,900 Air Water, Inc. 90 118 25,000 Fukuoka Financial Group, Inc. 131 165 5,400 Aisin Seiki Co., Ltd. 254 324 7,700 Hakuhodo DY Holdings, Inc. 89 163 15,400 Ajinomoto Co., Inc. 285 383 4,800 Hamamatsu Photonics KK 144 271 6,400 Alfresa Holdings Corp. 125 198 7,700 Hankyu Hanshin Holdings, Inc. 272 407 6,300 Alps Electric Co., Ltd. 238 213 700 Hikari Tsushin, Inc. 74 162 11,600 Amada Holdings Co., Ltd. 124 147 8,500 Hino Motors Ltd. 113 119 3,900 ANA Holdings, Inc. 130 188 1,055 Hirose Electric Co., Ltd. 151 172 4,000 Aozora Bank Ltd. 161 200 1,900 Hisamitsu Pharmaceutical Co., Inc. 116 211 6,300 Asahi Glass Co., Ltd. 273 323 3,400 Hitachi Chemical Co., Ltd. 75 90 12,200 Asahi Group Holdings Ltd. 449 822 3,600 Hitachi Construction Machinery Co., Ltd. 102 154 42,400 Asahi Kasei Corp. 421 709 2,300 Hitachi High-Technologies Corp. 80 123 5,300 Asics Corp. 106 118 163,000 Hitachi Ltd. 1,245 1,513 66,100 Astellas Pharma, Inc. 931 1,326 7,100 Hitachi Metals Ltd. 103 97 6,700 Bandai Namco Holdings, Inc. 182 364 54,800 Honda Motor Co., Ltd. 2,240 2,117 1,800 Bank of Kyoto Ltd. 91 110 1,800 Hoshizaki Corp. 190 240 2,400 Benesse Holdings, Inc. 103 112 12,800 Hoya Corp. 502 958 20,500 Bridgestone Corp. 808 1,055 10,300 Hulic Co., Ltd. 121 145 7,500 Brother Industries Ltd. 139 195 4,500 Idemitsu Kosan Co., Ltd. 141 211 2,700 Calbee, Inc. 95 134 4,900 IHI Corp. 191 225 33,600 Canon, Inc. 1,363 1,449 4,900 Iida Group Holdings Co., Ltd. 104 124 6,400 Casio Computer Co., Ltd. 96 137 34,400 Inpex Corp 504 470 4,800 Central Japan Railway Co. 766 1,309 11,500 Isetan Mitsukoshi Holdings Ltd. 162 189 20,400 Chubu Electric Power Co., Inc. 347 402 18,600 Isuzu Motors Ltd. 261 325 7,500 Chugai Pharmaceutical Co., Ltd. 269 517 47,500 ITOCHU Corp. 739 1,132 9,200 Chugoku Electric Power Co., Inc. 148 156 7,700 J Front Retailing Co., Ltd. 120 154 4,500 Coca-Cola Bottlers Japan Holdings, Inc. 197 236 3,900 Japan Airlines Co., Ltd. 137 182 36,800 Concordia Financial Group Ltd. 236 246 1,600 Japan Airport Terminal Co., Ltd. 102 99 5,200 Credit Saison Co., Ltd. 121 108 17,200 Japan Exchange Group, Inc. 262 421 3,400 CyberAgent, Inc. 231 269 13,700 Japan Post Bank Co., Ltd. 249 210 3,700 Cyberdyne, Inc. 95 57 53,000 Japan Post Holdings Co., Ltd. 863 763 8,200 Dai Nippon Printing Co., Ltd. 192 241 28 Japan Prime Realty Investment Corp. 109 134 8,800 Daicel Corp. 97 128 44 Japan Real Estate Investment Corp. 266 306 3,400 Daifuku Co., Ltd. 246 196 88 Japan Retail Fund Investment Corp. 201 209 36,300 Dai-ichi Life Holdings, Inc. 670 852 37,000 Japan Tobacco, Inc. 1,287 1,360 19,100 Daiichi Sankyo Co., Ltd. 498 961 16,500 JFE Holdings, Inc. 397 411 8,400 Daikin Industries Ltd. 693 1,324 7,000 JGC Corp. 213 186 2,500 Daito Trust Construction Co., Ltd. 350 535 6,600 JSR Corp. 149 148 19,000 Daiwa House Industry Co., Ltd. 519 852 6,900 JTEKT Corp. 116 124 57 Daiwa House REIT Investment Corp. 186 178 109,500 JX Holdings, Inc. 715 1,002 54,000 Daiwa Securities Group, Inc. 428 413 30,000 Kajima Corp. 194 306 3,600 Dena Co., Ltd. 134 89 4,600 Kakaku.com, Inc. 95 137 14,700 Denso Corp. 789 945 3,600 Kamigumi Co., Ltd. 76 98 7,300 Dentsu, Inc. 339 455 8,000 Kaneka Corp. 68 94 1,000 Disco Corp. 247 225 23,700 Kansai Electric Power Co., Inc. 359 455 4,000 Don Quijote Holdings Co., Ltd. 165 253 6,000 Kansai Paint Co., Ltd. 104 164 10,400 East Japan Railway Co. 952 1,311 16,600 Kao Corp. 837 1,666 8,500 Eisai Co., Ltd. 482 788 4,800 Kawasaki Heavy Industries Ltd. 199 186 5,000 Electric Power Development Co., Ltd. 169 170 60,900 KDDI Corp. 1,437 2,192 2,600 FamilyMart UNY Holdings Co., Ltd. 188 360 3,200 Keihan Holdings Co., Ltd. 109 151 7,400 Keikyu Corp. 146 160

The accompanying notes are an integral part of the financial statements.

240 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 3,500 Keio Corp. 148 223 5,900 Nagoya Railroad Co., Ltd. 144 200 4,300 Keisei Electric Railway Co., Ltd. 102 194 8,800 NEC Corp. 283 318 3,300 Keyence Corp. 1,248 2,452 14,800 Nexon Co., Ltd. 185 283 4,900 Kikkoman Corp. 136 325 8,900 NGK Insulators Ltd. 182 209 5,800 Kintetsu Group Holdings Co., Ltd. 248 311 5,300 NGK Spark Plug Co., Ltd. 122 199 27,700 Kirin Holdings Co., Ltd. 560 975 3,100 NH Foods Ltd. 149 165 1,700 Kobayashi Pharmaceutical Co., Ltd. 195 193 7,500 Nidec Corp. 710 1,481 10,200 Kobe Steel Ltd. 168 123 10,800 Nikon Corp. 231 226 3,500 Koito Manufacturing Co., Ltd. 156 304 3,800 Nintendo Co., Ltd. 1,072 1,634 31,100 Komatsu Ltd. 912 1,170 45 Nippon Building Fund, Inc. 279 341 3,100 Konami Holdings Corp. 112 208 2,800 Nippon Electric Glass Co., Ltd. 105 102 15,200 Konica Minolta, Inc. 160 186 2,500 Nippon Express Co., Ltd. 149 239 1,000 Kose Corp. 154 283 4,900 Nippon Paint Holdings Co., Ltd. 137 278 33,200 Kubota Corp. 541 687 59 Nippon Prologis REIT, Inc. 143 161 10,700 Kuraray Co., Ltd. 167 194 25,600 Nippon Steel & Sumitomo Metal Corp. 754 661 3,300 Kurita Water Industries Ltd. 96 124 23,300 Nippon Telegraph & Telephone Corp. 864 1,393 10,800 Kyocera Corp. 618 801 5,100 Nippon Yusen KK 160 133 8,700 Kyowa Hakko Kirin Co., Ltd. 148 231 4,300 Nissan Chemical Industries Ltd. 205 264 12,800 Kyushu Electric Power Co., Inc. 186 188 78,100 Nissan Motor Co., Ltd. 873 1,000 5,300 Kyushu Railway Co. 237 213 6,700 Nisshin Seifun Group, Inc. 103 187 1,700 Lawson, Inc. 133 140 2,000 Nissin Foods Holdings Co., Ltd. 123 190 2,400 LINE Corp. 120 132 2,700 Nitori Holdings Co., Ltd. 279 554 7,700 Lion Corp. 175 186 5,600 Nitto Denko Corp. 389 557 9,000 LIXIL Group Corp. 238 237 2,600 NOK Corp. 56 66 7,100 M3, Inc. 194 372 116,500 Nomura Holdings, Inc. 805 745 1,600 Mabuchi Motor Co., Ltd. 76 100 4,100 Nomura Real Estate Holdings, Inc. 97 120 7,500 Makita Corp. 272 442 131 Nomura Real Estate Master Fund, Inc. 232 243 52,600 Marubeni Corp. 413 528 3,800 Nomura Research Institute Ltd. 134 242 6,700 Marui Group Co., Ltd. 94 186 12,100 NSK Ltd. 156 164 1,900 Maruichi Steel Tube Ltd. 61 85 21,200 NTT Data Corp. 207 321 19,100 Mazda Motor Corp. 368 308 45,900 NTT DOCOMO, Inc. 1,033 1,539 2,200 McDonald’s Holdings Co. Japan Ltd. 76 148 21,900 Obayashi Corp. 186 300 27,700 Mebuki Financial Group, Inc. 136 122 2,200 Obic Co., Ltd. 179 240 5,800 Medipal Holdings Corp. 109 153 9,900 Odakyu Electric Railway Co., Ltd. 222 280 4,100 MEIJI Holdings Co., Ltd. 248 455 29,000 Oji Holdings Corp. 169 237 13,000 Minebea Co., Ltd. 228 289 9,800 Olympus Corp. 387 483 9,500 MISUMI Group, Inc. 259 364 6,500 Omron Corp. 296 399 43,100 Mitsubishi Chemical Holdings Corp. 326 475 12,800 Ono Pharmaceutical Co., Ltd. 298 395 45,500 Mitsubishi Corp. 1,166 1,663 1,300 Oracle Corp. 78 140 61,400 Mitsubishi Electric Corp. 873 1,075 6,700 Oriental Land Co., Ltd. 437 925 39,800 Mitsubishi Estate Co., Ltd. 973 916 44,600 ORIX Corp. 756 928 5,500 Mitsubishi Gas Chemical Co., Inc. 102 164 12,600 Osaka Gas Co., Ltd. 281 343 10,200 Mitsubishi Heavy Industries Ltd. 568 488 3,500 Otsuka Corp. 117 181 3,500 Mitsubishi Materials Corp. 129 127 13,100 Otsuka Holdings Co., Ltd. 539 834 22,700 Mitsubishi Motors Corp. 245 238 74,300 Panasonic Corp. 1,037 1,318 8,500 Mitsubishi Tanabe Pharma Corp. 171 193 3,400 PARK24 Co., Ltd. 88 122 397,300 Mitsubishi UFJ Financial Group, Inc. 2,693 2,978 6,000 Persol Holdings Co., Ltd. 188 176 13,600 Mitsubishi UFJ Lease & Finance Co., Ltd. 78 110 3,100 Pola Orbis Holdings, Inc. 107 179 57,400 Mitsui & Co., Ltd. 1,016 1,259 29,000 Rakuten, Inc. 394 258 6,300 Mitsui Chemicals, Inc. 146 221 37,100 Recruit Holdings Co., Ltd. 693 1,351 30,000 Mitsui Fudosan Co., Ltd. 899 953 28,000 Renesas Electronics Corp. 371 361 3,800 Mitsui OSK Lines Ltd. 164 120 70,400 Resona Holdings, Inc. 416 495 811,200 Mizuho Financial Group, Inc. 1,787 1,797 22,500 Ricoh Co., Ltd. 280 271 16,000 MS&AD Insurance Group Holdings, Inc. 487 654 1,200 Rinnai Corp. 109 139 6,100 Murata Manufacturing Co., Ltd. 735 1,349 3,200 Rohm Co., Ltd. 249 353 3,800 Nabtesco Corp. 117 154 800 Ryohin Keikaku Co., Ltd. 267 371

The accompanying notes are an integral part of the financial statements.

241 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,500 Sankyo Co., Ltd. 72 77 6,000 Teijin Ltd. 115 145 12,300 Santen Pharmaceutical Co., Ltd. 160 282 10,200 Terumo Corp. 388 769 7,589 SBI Holdings, Inc. 149 257 20,400 The Chiba Bank Ltd. 160 190 7,100 Secom Co., Ltd. 500 717 3,900 The Yokohama Rubber Co., Ltd. 89 107 5,700 Sega Sammy Holdings, Inc. 118 128 4,000 THK Co., Ltd. 125 151 7,600 Seibu Holdings, Inc. 180 169 6,600 Tobu Railway Co., Ltd. 202 266 9,500 Seiko Epson Corp. 191 217 3,800 Toho Co., Ltd. 104 168 12,600 Sekisui Chemical Co., Ltd. 178 282 2,500 Toho Gas Co., Ltd. 78 114 20,900 Sekisui House Ltd. 361 486 14,400 Tohoku Electric Power Co., Inc. 215 231 25,300 Seven & I Holdings Co., Ltd. 1,088 1,452 22,600 Tokio Marine Holdings, Inc. 929 1,394 20,100 Seven Bank Ltd. 79 81 1,400 Tokyo Century Corp 110 104 3,200 SG Holdings Co., Ltd. 94 92 48,700 Tokyo Electric Power Co.Holdings, Inc. 385 298 5,900 Sharp Corp. 147 189 5,300 Tokyo Electron Ltd. 578 1,197 7,500 Shimadzu Corp. 121 298 13,100 Tokyo Gas Co., Ltd. 365 457 700 Shimamura Co., Ltd. 80 81 6,400 Tokyo Tatemono Co., Ltd. 116 116 2,500 Shimano, Inc. 294 483 16,800 Tokyu Corp. 255 381 18,700 Shimizu Corp. 141 255 17,600 Tokyu Fudosan Holdings Corp. 171 163 12,400 Shin-Etsu Chemical Co., Ltd. 977 1,454 16,000 Toppan Printing Co., Ltd. 141 165 5,500 Shinsei Bank Ltd. 112 111 46,600 Toray Industries, Inc. 413 484 9,400 Shionogi & Co., Ltd. 340 635 219,000 Toshiba Corp. 918 866 12,800 Shiseido Co., Ltd. 447 1,337 8,700 Tosoh Corp. 206 177 15,200 Shizuoka Bank Ltd. 167 181 4,800 TOTO Ltd. 187 293 6,200 Showa Shell Sekiyu KK 68 122 5,100 Toyo Seikan Group Holdings Ltd. 96 118 1,900 SMC Corp. 590 917 3,000 Toyo Suisan Kaisha Ltd. 109 141 27,800 SoftBank Group Corp. 2,002 2,632 2,100 Toyoda Gosei Co., Ltd. 52 70 2,400 Sohgo Security Services Co., Ltd. 154 149 4,900 Toyota Industries Corp. 262 361 11,200 Sompo Holdings, Inc. 390 596 76,800 Toyota Motor Corp. 4,910 6,540 42,600 Sony Corp. 1,487 2,866 7,100 Toyota Tsusho Corp. 210 313 6,000 Sony Financial Holdings, Inc. 120 151 4,000 Trend Micro, Inc. 185 300 4,400 Stanley Electric Co., Ltd. 122 198 1,200 Tsuruha Holdings, Inc. 173 198 6,800 Start Today Co., Ltd. 177 324 13,600 Unicharm Corp. 335 538 7,900 SUMCO Corp. 263 210 97 United Urban Investment Corp. 170 198 50,000 Sumitomo Chemical Co., Ltd. 270 373 7,500 USS Co., Ltd. 131 188 37,900 Sumitomo Corp. 589 819 5,500 West Japan Railway Co. 335 533 5,400 Sumitomo Dainippon Pharma Co., Ltd. 89 150 48,300 Yahoo Japan Corp. 252 211 25,400 Sumitomo Electric Industries Ltd. 426 498 3,800 Yakult Honsha Co., Ltd. 261 334 3,700 Sumitomo Heavy Industries Ltd. 125 164 20,700 Yamada Denki Co., Ltd. 120 135 7,800 Sumitomo Metal Mining Co., Ltd. 282 393 7,000 Yamaguchi Financial Group, Inc. 83 104 45,200 Sumitomo Mitsui Financial Group, Inc. 2,116 2,311 4,600 Yamaha Corp. 117 315 11,200 Sumitomo Mitsui Trust Holdings, Inc. 530 584 9,400 Yamaha Motor Co., Ltd. 211 311 12,000 Sumitomo Realty & Development Co., Ltd. 485 583 10,400 Yamato Holdings Co., Ltd. 241 403 5,900 Sumitomo Rubber Industries Ltd. 104 123 4,100 Yamazaki Baking Co., Ltd. 81 141 2,500 Sundrug Co., Ltd. 139 133 8,100 Yaskawa Electric Corp. 188 377 4,700 Suntory Beverage & Food Ltd. 212 264 7,800 Yokogawa Electric Corp. 124 183 5,300 Suruga Bank Ltd. 97 62 113,271 152,318 2,400 Suzuken Co., Ltd. 89 134 11,600 Suzuki Motor Corp. 448 843 Great Britain 15.8% 5,600 Sysmex Corp. 348 688 32,715 3i Group PLC 290 512 18,700 T&D Holdings, Inc. 292 370 6,816 Admiral Group PLC 191 226 4,000 Taiheiyo Cement Corp. 145 173 35,419 Anglo American PLC 1,059 1,043 7,200 Taisei Corp. 254 522 13,347 Antofagasta PLC 223 229 1,200 Taisho Pharmaceutical Holdings Co., Ltd. 125 185 16,633 Ashtead Group PLC 377 657 4,300 Taiyo Nippon Sanso Corp. 53 81 11,975 Associated British Foods PLC 498 569 9,000 Takashimaya Co., Ltd. 92 101 42,587 AstraZeneca PLC 2,972 3,885 23,900 Takeda Pharmaceutical Co., Ltd. 1,329 1,328 31,649 Auto Trader Group PLC 239 234 4,400 TDK Corp. 317 592 134,959 Aviva PLC 1,079 1,181

The accompanying notes are an integral part of the financial statements.

242 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 8,328 Babcock International Group PLC 147 118 40,406 Rio Tinto PLC 2,418 2,948 107,158 BAE Systems PLC 851 1,204 55,990 Rolls-Royce Holdings PLC 900 961 573,816 Barclays PLC 2,526 1,884 120,690 Royal Bank of Scotland Group PLC 694 537 34,056 Barratt Developments PLC 373 305 154,602 Royal Dutch Shell PLC, Class A 5,775 7,059 4,327 Berkeley Group Holdings PLC 271 284 125,957 Royal Dutch Shell PLC, Class B 4,600 5,936 71,011 BHP Billiton PLC 2,127 2,104 30,381 Royal Mail PLC 303 267 669,851 BP PLC 5,444 6,728 34,372 RSA Insurance Group PLC 335 406 77,132 British American Tobacco PLC 4,876 5,131 4,206 Schroders PLC 195 231 283,584 BT Group PLC 1,558 1,073 33,675 SEGRO PLC 252 392 11,292 Bunzl PLC 304 450 7,968 Severn Trent PLC 249 274 14,061 Burberry Group PLC 359 527 34,689 Sky PLC 589 880 6,096 Carnival PLC 346 460 29,424 Smith & Nephew PLC 515 714 188,368 Centrica PLC 859 516 13,303 Smiths Group PLC 316 392 7,295 Coca-Cola European Partners PLC 370 390 34,123 SSE PLC 809 803 53,247 Compass Group PLC 1,026 1,497 17,781 St. James’s Place PLC 336 354 46,682 ConvaTec Group PLC 236 172 94,227 Standard Chartered PLC 1,675 1,133 4,412 Croda International PLC 237 368 90,161 Standard Life PLC 648 510 82,723 Diageo PLC, ADR 2,748 3,911 110,176 Taylor Wimpey PLC 385 342 46,345 Direct Line Insurance Group PLC 256 276 327,189 Tesco PLC 1,585 1,459 5,236 easyJet PLC 138 152 31,438 The British Land Co. PLC 358 367 7,558 Fresnillo PLC 150 150 36,423 The Sage Group PLC 303 398 52,452 G4S PLC 234 244 8,547 Travis Perkins PLC 245 211 56,596 GKN PLC 330 433 41,419 Unilever PLC 2,031 3,015 166,743 GlaxoSmithKline PLC 4,171 4,430 22,937 United Utilities Group PLC 297 304 26,801 Hammerson PLC 251 243 896,929 Vodafone Group PLC 4,662 2,863 9,561 Hargreaves Lansdown PLC 225 327 8,098 Weir Group PLC 279 281 672,925 HSBC Holdings PLC 7,673 8,306 6,168 Whitbread PLC 373 424 32,073 Imperial Brands PLC 1,413 1,572 75,274 WM Morrison Supermarkets PLC 306 329 6,069 InterContinental Hotels Group PLC 328 498 95,104 104,607 5,424 Intertek Group PLC 308 538 22,714 Investec PLC 197 212 France 9.5% 121,907 ITV PLC 354 368 6,324 Accor SA 369 408 58,941 J Sainsbury PLC 303 329 1,002 Aeroports de Paris 156 298 22,899 John Wood Group PLC 281 250 14,406 Air Liquide SA 1,836 2,383 6,506 Johnson Matthey PLC 336 409 5,227 Alstom SA 246 316 72,681 Kingfisher PLC 409 375 2,057 Amundi SA 232 187 24,911 Land Securities Group PLC 438 414 2,295 Arkema SA 273 357 200,351 Legal & General Group PLC 738 926 3,191 Atos SE 369 573 2,424,124 Lloyds Banking Group PLC 3,032 2,654 65,251 AXA SA 1,822 2,106 10,491 London Stock Exchange Group PLC 478 815 1,366 bioMerieux 147 162 54,781 Marks & Spencer Group PLC 372 281 37,797 BNP Paribas SA 3,047 3,088 12,145 Mediclinic International PLC 189 111 29,840 Bollore SA 203 183 26,335 Meggitt PLC 213 226 7,362 Bouygues SA 358 417 67,221 Melrose Industries PLC 275 248 8,936 Bureau Veritas SA 258 314 24,507 Merlin Entertainments PLC 175 165 5,382 Capgemini SA 529 952 14,662 Micro Focus International PLC 562 337 19,545 Carrefour SA 696 416 12,348 Mondi PLC 366 440 1,829 Casino Guichard Perrachon SA 173 93 113,261 National Grid PLC 1,654 1,649 16,754 Cie de Saint-Gobain 995 985 4,817 NEXT PLC 409 506 5,870 CNP Assurances 138 176 3,496 NMC Health PLC 214 217 5,734 Compagnie Générale des Établissements 26,182 Pearson PLC 475 402 Michelin SCA 720 919 10,387 Persimmon PLC 313 457 38,284 Credit Agricole SA 613 672 87,000 Prudential PLC 2,016 2,621 20,297 Danone SA 1,675 1,960 55,283 Quilter PLC 147 139 85 Dassault Aviation SA 150 213 22,483 Reckitt Benckiser Group PLC 2,038 2,436 4,356 Dassault Systemes 392 803 35,586 RELX PLC 624 1,003 7,912 Edenred 270 329

The accompanying notes are an integral part of the financial statements.

243 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 2,637 Eiffage SA 303 377 27,811 Bayer AG 3,592 4,030 19,691 Electricite de France SA 414 356 11,124 Bayerische Motoren Werke AG 1,272 1,326 61,428 Engie SA 1,520 1,239 1,874 Bayerische Motoren Werke AG, Preferred 7,001 Essilor International SA 889 1,300 2.90% 168 197 1,499 Eurazeo SA 124 150 3,387 Beiersdorf AG 358 506 5,751 Eutelsat Communications SA 198 157 5,195 Brenntag AG 318 381 2,560 Faurecia 257 240 33,695 Commerzbank AG 617 425 1,257 Fonciere des Regions 143 172 3,699 Continental AG 845 1,111 1,519 Gecina SA 267 334 6,470 Covestro AG 680 759 15,775 Groupe Eurotunnel SE 210 285 30,587 Daimler AG 2,695 2,590 1,065 Hermes International 595 857 3,089 Delivery Hero SE 184 216 1,099 ICADE 114 136 66,038 Deutsche Bank AG 2,119 935 900 Iliad SA 214 187 6,490 Deutsche Boerse AG 688 1,138 1,180 Imerys SA 109 126 7,941 Deutsche Lufthansa AG 212 251 2,014 Ingenico Group SA 297 238 33,051 Deutsche Post AG 1,241 1,420 1,272 Ipsen SA 224 262 112,077 Deutsche Telekom AG 2,010 2,284 2,450 JCDecaux SA 104 108 11,921 Deutsche Wohnen AG 403 758 2,548 Kering 781 1,892 74,033 E.ON SE 1,405 1,041 6,868 Klepierre 369 340 5,517 Evonik Industries AG 255 248 8,943 Legrand SA 588 864 1,424 Fraport AG Frankfurt Airport Services 8,471 L’Oreal SA 1,698 2,752 Worldwide 128 181 9,377 LVMH Moet Hennessy Louis Vuitton SE 2,265 4,107 7,255 Fresenius Medical Care AG & Co. KGaA 665 962 31,682 Natixis SA 229 296 13,993 Fresenius SE & Co. KGaA 944 1,479 67,073 Orange SA 1,237 1,478 2,290 Fuchs Petrolub SE, Preferred 129 148 7,138 Pernod Ricard SA 1,014 1,534 5,826 GEA Group AG 276 258 19,781 Peugeot SA 428 594 2,028 Hannover Rueck SE 221 333 6,984 Publicis Groupe SA 584 632 5,007 HeidelbergCement AG 469 554 746 Remy Cointreau SA 86 127 3,493 Henkel AG & Co. KGaA 375 511 6,465 Renault SA 652 723 5,992 Henkel AG & Co. KGaA, Preferred 726 1,008 10,328 Rexel SA 241 195 636 HOCHTIEF AG 118 151 11,218 Safran SA 984 1,793 2,144 Hugo Boss AG 275 256 37,956 Sanofi 3,785 4,002 38,219 Infineon Technologies AG 676 1,281 18,065 Schneider Electric SE 1,648 1,982 4,695 Innogy SE 237 265 5,531 SCOR SE 221 270 6,489 K+S AG 284 211 771 SEB SA 154 177 2,395 KION Group AG 274 227 861 Societe BIC SA 113 105 2,923 Lanxess AG 232 300 25,811 Société Générale SA 1,549 1,432 5,165 Linde AG 1,025 1,419 3,043 Sodexo SA 350 400 1,532 Linde AG 445 481 12,583 Suez 250 215 1,162 MAN SE 154 173 1,942 Teleperformance SE 376 451 4,347 Merck KGaA 407 558 3,573 Thales SA 312 606 5,934 METRO AG 167 96 81,024 Total SA 5,228 6,497 1,748 MTU Aero Engines AG 401 442 2,630 Ubisoft Entertainment SA 275 380 5,214 Muenchener 8,058 Valeo SA 452 579 Rueckversicherungs-Gesellschaft AG in 18,001 Veolia Environnement SA 451 507 Muenchen 1,187 1,450 16,919 Vinci SA 1,418 2,140 3,359 Osram Licht AG 230 181 34,874 Vivendi SA 996 1,125 5,151 Porsche Automobil Holding SE 480 432 951 Wendel SA 144 172 7,842 ProSiebenSat.1 Media AG 375 262 50,527 63,201 279 Puma SE 187 215 17,429 RWE AG 667 523 Germany 9.0% 33,051 SAP SE 3,158 5,023 1,748 1&1 Drillisch Aktiengesellschaft 171 131 1,196 Sartorius AG 227 235 6,332 Adidas AG 978 1,818 5,470 Schaeffler AG 115 94 14,806 Allianz SE 2,947 4,025 25,728 Siemens AG 3,588 4,474 1,669 Axel Springer SE 124 159 5,046 Siemens Healthineers AG 260 274 30,888 BASF SE 3,357 3,886

The accompanying notes are an integral part of the financial statements.

244 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 4,145 Symrise AG 330 478 98,133 AMP Ltd. 496 340 24,496 Telefonica Deutschland Holding AG 163 127 39,650 APA Group 289 380 14,649 ThyssenKrupp AG 460 468 19,317 Aristocrat Leisure Ltd. 254 580 14,812 TUI AG 337 428 6,497 ASX Ltd. 272 407 6,795 Uniper SE 261 266 67,902 Aurizon Holdings Ltd. 292 286 4,134 United Internet AG 214 311 59,524 AusNet Services 86 93 1,097 Volkswagen AG 259 238 98,266 Australia & New Zealand Banking Group 6,239 Volkswagen AG, Preferred 1,422 1,363 Ltd. 2,719 2,697 16,322 Vonovia SE 761 1,022 12,937 Bank of Queensland Ltd. 150 128 3,947 Wirecard AG 562 836 16,484 Bendigo & Adelaide Bank Ltd. 174 174 3,763 Zalando SE 205 277 107,981 BHP Billiton Ltd. 3,681 3,559 50,715 59,906 18,809 BlueScope Steel Ltd. 234 315 39,671 Boral Ltd. 228 252 Switzerland 7.5% 53,467 Brambles Ltd. 489 461 61,971 ABB Ltd. 1,622 1,782 8,823 Caltex Australia Ltd. 246 279 5,468 Adecco Group AG 446 426 18,462 Challenger Ltd. 167 212 1,641 Baloise Holding AG 236 314 3,207 CIMIC Group Ltd. 91 132 75 Barry Callebaut AG 115 177 16,997 Coca-Cola Amatil Ltd. 187 152 38 Chocoladefabriken Lindt & Spruengli AG 386 598 1,933 Cochlear Ltd. 194 376 17,553 Cie Financière Richemont SA 1,652 1,956 58,935 Commonwealth Bank of Australia 4,117 4,174 6,690 Clariant AG 230 211 15,591 Computershare Ltd. 191 279 6,788 Coca-Cola HBC AG 217 298 12,980 Crown Resorts Ltd. 167 170 85,966 Credit Suisse Group AG 2,214 1,703 15,209 CSL Ltd. 1,301 2,847 1,088 Dufry AG 190 182 34,195 Dexus Property Group 249 323 278 EMS-Chemie Holding AG 137 234 2,057 Domino’s Pizza Enterprises Ltd. 125 104 1,245 Geberit AG 473 703 1,832 Flight Centre Travel Group Ltd. 77 113 310 Givaudan SA 588 925 52,748 Fortescue Metals Group Ltd. 248 225 7,528 Julius Baer Group Ltd. 423 581 54,408 Goodman Group 309 509 1,812 Kuehne + Nagel International AG 287 358 17,883 Harvey Norman Holdings Ltd. 60 58 16,330 LafargeHolcim Ltd. 1,228 1,047 57,276 Healthscope Ltd. 134 123 2,504 Lonza Group AG 494 874 55,613 Incitec Pivot Ltd. 192 196 104,656 Nestlé SA 8,651 10,662 79,534 Insurance Australia Group Ltd. 452 659 74,803 Novartis AG 6,509 7,460 19,617 LendLease Group 252 378 1,271 Pargesa Holding SA 120 142 10,872 Macquarie Group Ltd. 719 1,307 583 Partners Group Holding AG 270 562 92,984 Medibank Pvt Ltd. 243 264 23,627 Roche Holding AG 6,397 6,903 125,123 Mirvac Group 222 264 2,043 Schindler Holding AG 382 574 91,425 National Australia Bank Ltd. 2,719 2,436 180 SGS SA 460 630 25,748 Newcrest Mining Ltd. 538 546 4,320 Sika AG 359 786 3,252 OneMarket Limited 5 4 1,868 Sonova Holding AG 304 440 12,790 Orica Ltd. 278 221 347 Straumann Holding AG 271 347 59,121 Origin Energy Ltd. 591 576 1,151 Swiss Life Holding AG 333 526 45,694 QBE Insurance Group Ltd. 564 433 2,408 Swiss Prime Site AG 240 291 4,767 Ramsay Health Care Ltd. 220 250 10,577 Swiss Re AG 1,016 1,201 1,804 REA Group Ltd. 94 159 870 Swisscom AG 510 511 13,861 Rio Tinto Ltd. 949 1,124 2,024 Temenos AG 390 402 59,516 Santos Ltd. 440 363 2,931 The Swatch Group AG 768 861 178,928 Scentre Group 803 763 129,618 UBS Group AG 2,701 2,632 11,292 Seek Ltd. 160 239 1,529 Vifor Pharma Ltd. 287 321 13,509 Sonic Healthcare Ltd. 234 322 5,090 Zurich Insurance Group AG 1,691 1,983 40,483 South32 Ltd. 80 143 42,597 49,603 134,163 South32 Ltd. 318 471 81,788 Stockland 319 316 Australia 6.5% 43,552 Suncorp Group Ltd. 517 618 22,048 AGL Energy Ltd. 375 482 37,254 Sydney Airport 182 259 83,165 Alumina Ltd. 146 226 64,394 Tabcorp Holdings Ltd. 306 279 38,929 Amcor Ltd. 426 545

The accompanying notes are an integral part of the financial statements.

245 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 139,860 Telstra Corp. Ltd. 594 356 16,291 Ferrovial SA 360 440 60,674 The GPT Group 248 298 11,779 Gas Natural SDG SA 298 410 13,005 TPG Telecom Ltd. 92 65 10,031 Grifols SA 250 397 74,773 Transurban Group 666 870 194,888 Iberdrola SA 1,571 1,983 24,333 Treasury Wine Estates Ltd. 205 411 36,685 Industria de Diseno Textil SA 1,201 1,649 110,899 Vicinity Centres 302 279 20,795 International Consolidated Airlines Group 38,127 Wesfarmers Ltd. 1,562 1,829 SA 157 240 114,462 Westpac Banking Corp. 3,335 3,260 35,515 Mapfre SA 146 141 30,266 Woodside Petroleum Ltd 1,042 1,043 14,560 Red Electrica Corp. SA 298 390 43,869 Woolworths Ltd. 1,297 1,301 44,503 Repsol SA 1,076 1,146 38,914 43,303 44,503 Repsol SA, Rights 33 33 7,855 Siemens Gamesa Renewable Energy SA 225 139 Netherlands 4.3% 157,144 Telefonica SA 2,599 1,757 14,222 ABN AMRO Group NV 455 485 59,932 Aegon NV 488 473 19,326 19,386 4,500 AerCap Holdings NV 262 321 Hong Kong 2.5% 19,535 Airbus Group SE 1,652 3,008 406,000 AIA Group Ltd. 2,627 4,670 8,493 Akzo Nobel NV 743 956 42,200 Bank of East Asia Ltd. 196 222 13,785 ASML Holding NV 1,941 3,593 124,500 BOC Hong Kong Holdings Ltd. 519 771 34,377 CNH Industrial NV 443 480 55,000 CLP Holdings Ltd. 555 779 3,647 EXOR NV 195 323 80,000 Galaxy Entertainment Group Ltd. 613 815 4,128 Ferrari NV 344 739 31,000 Hang Lung Group Ltd. 148 114 36,252 Fiat Chrysler Automobiles NV 540 909 69,000 Hang Lung Properties Ltd. 235 187 3,872 Heineken Holding NV 336 488 25,700 Hang Seng Bank Ltd. 538 845 8,714 Heineken NV 812 1,151 44,138 Henderson Land Development Co., Ltd. 325 307 130,679 ING Groep NV 2,149 2,474 87,500 HK Electric Investments & HK Electric 41,939 Koninklijke Ahold Delhaize NV 907 1,321 Investments Ltd. 98 110 6,099 Koninklijke DSM NV 506 807 128,673 HKT Trust & HKT Ltd. 183 217 113,022 Koninklijke KPN NV 500 405 309,819 Hong Kong & China Gas Co., Ltd. 754 780 31,645 Koninklijke Philips NV 1,203 1,770 39,600 Hong Kong Exchanges & Clearing Ltd. 1,080 1,567 2,417 Koninklijke Vopak NV 143 147 21,000 Hysan Development Co., Ltd. 113 154 10,317 NN Group NV 452 552 39,529 i-CABLE Communications Ltd. 2 1 11,600 NXP Semiconductors NV 1,558 1,667 73,000 Link REIT 483 877 7,674 Qiagen NV 230 368 50,500 MTR Corp., Ltd. 254 367 4,006 Randstad Holding NV 268 310 204,000 New World Development Co., Ltd. 315 378 32,481 RELX NV 689 911 140,000 PCCW Ltd. 85 104 22,967 STMicroelectronics NV 359 674 46,500 Power Assets Holdings Ltd. 447 428 51,896 Unilever NV 2,499 3,809 108,000 Sino Land Co., Ltd. 199 231 9,761 Wolters Kluwer NV 383 724 67,000 SJM Holdings Ltd. 140 110 20,057 28,865 54,000 Sun Hung Kai Properties Ltd. 917 1,072 17,000 Swire Pacific Ltd., Class A 226 237 Spain 2.9% 39,800 Swire Properties Ltd. 146 194 8,465 ACS Actividades de Construccion y 46,500 Techtronic Industries Co., Ltd. 217 341 Servicios SA 368 451 41,000 Wharf Holdings Ltd. 286 173 8,465 ACS Actividades de Construccion y 28,000 Wheelock & Co., Ltd. 174 257 Servicios SA, Rights 12 11 11,875 16,308 2,268 Aena SA 360 542 14,754 Amadeus IT Group SA 783 1,532 Sweden 2.4% 224,233 Banco Bilbao Vizcaya Argentaria SA 2,527 2,092 9,873 Alfa Laval AB 251 309 189,230 Banco de Sabadell SA 526 417 33,695 Assa Abloy AB 651 946 542,648 Banco Santander SA 4,833 3,827 22,575 Atlas Copco AB 797 866 41,944 Bankia SA 281 207 13,124 Atlas Copco AB, Class B 419 453 22,727 Bankinter SA 243 291 9,185 Boliden AB 231 392 120,673 CaixaBank SA 662 687 8,126 Electrolux AB 247 244 7,656 Enagas SA 238 294 22,575 Epiroc AB, Class A 299 312 10,689 Endesa SA 279 310 13,124 Epiroc AB, Class B 166 158

The accompanying notes are an integral part of the financial statements.

246 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 20,381 Essity Aktiebolag 762 663 2,060 Genmab A/S 402 418 29,476 Hennes & Mauritz AB 1,094 579 2,368 H. Lundbeck A/S 172 219 8,690 Hexagon AB 374 638 5,650 ISS A/S 231 255 14,245 Husqvarna AB 129 178 59,401 Novo Nordisk A/S 2,843 3,624 2,653 ICA Gruppen AB 118 107 7,603 Novozymes A/S 372 507 5,501 Industrivarden AB 122 140 6,363 Oersted A/S 374 506 15,315 Investor AB 607 822 3,784 Pandora A/S 405 348 7,874 Kinnevik AB 298 355 3,980 Tryg A/S 88 123 2,502 L E Lundbergforetagen AB 104 101 6,885 Vestas Wind Systems A/S 477 561 6,330 Lundin Petroleum AB 158 266 3,485 William Demant Holding A/S 89 185 102,139 Nordea Bank AB 1,373 1,296 8,408 10,508 37,955 Sandvik AB 662 887 10,624 Securitas AB 157 230 Singapore 1.2% 54,714 Skandinaviska Enskilda Banken AB, Class A 691 685 84,400 Ascendas REIT 179 215 11,470 Skanska AB 263 275 83,200 CapitaLand Commercial Trust 123 133 12,716 SKF AB 336 312 86,400 CapitaLand Ltd. 250 264 51,343 Svenska Handelsbanken AB, Class A 808 752 84,800 CapitaLand Mall Trust 149 169 30,447 Swedbank AB 811 859 13,500 City Developments Ltd. 127 143 6,109 Swedish Match AB 242 399 74,000 ComfortDelGro Corp., Ltd. 138 168 12,318 Tele2 AB 187 191 60,300 DBS Group Holdings Ltd. 1,010 1,548 103,311 Telefonaktiebolaget LM Ericsson, Class B 1,213 1,052 204,200 Genting Singapore Ltd. 245 240 94,567 Telia Co. AB 684 569 3,300 Jardine Cycle & Carriage Ltd. 105 101 52,660 Volvo AB, Class B 901 1,109 48,900 Keppel Corp., Ltd. 397 337 105,700 Oversea-Chinese Banking Corp., Ltd. 970 1,187 15,155 16,145 22,200 SATS Ltd. 103 107 Italy 1.9% 32,400 Sembcorp Industries Ltd. 122 86 39,376 Assicurazioni Generali SpA 882 869 18,400 Singapore Airlines Ltd. 177 190 16,651 Atlantia SPA 509 648 27,300 Singapore Exchange Ltd. 179 189 19,792 Davide Campari-Milano SpA 198 214 55,100 Singapore Press Holdings Ltd. 174 138 273,470 Enel SPA 1,618 1,998 53,300 Singapore Technologies Engineering Ltd. 166 169 85,533 Eni SpA 2,018 2,089 273,900 Singapore Telecommunications Ltd. 855 814 1,355 GEDI Gruppo Editoriale SpA 2 1 71,300 Suntec REIT 123 119 484,595 Intesa Sanpaolo SpA 1,674 1,856 45,000 United Overseas Bank Ltd. 870 1,162 484,595 Intesa Sanpaolo SPA, Rights - - 16,600 UOL Group Ltd. 97 122 13,841 Leonardo-Finmeccanica SpA 161 180 9,200 Venture Corp Ltd. 189 158 5,704 Luxottica Group SpA 343 484 64,600 Wilmar International Ltd. 206 191 20,938 Mediobanca SpA 238 256 78,800 Yangzijiang Shipbuilding Holdings Ltd. 89 69 6,011 Moncler SpA 358 360 7,043 8,019 13,408 Pirelli & C SpA 149 147 17,817 Poste Italiane SpA 184 196 Jersey 1.2% 7,015 Prysmian SpA 202 230 30,883 Experian PLC 629 1,005 3,445 Recordati SpA 182 180 7,924 Ferguson PLC 538 846 76,461 Snam SpA 460 420 388,024 Glencore PLC 2,046 2,440 587,391 Telecom Italia SpA 684 550 3,165 Randgold Resources Ltd. 291 320 47,318 Terna Rete Elettrica Nazionale SpA 269 337 30,605 Shire PLC 1,890 2,267 67,491 UniCredit SpA 2,094 1,482 42,717 WPP PLC 905 885 12,225 12,497 6,299 7,763 Denmark 1.6% Belgium 1.0% 128 AP Moeller - Maersk A/S 275 200 6,342 Ageas 296 421 219 AP Moeller - Maersk A/S, Class B 479 359 25,625 Anheuser-Busch InBev SA/NV 2,856 3,404 3,597 Carlsberg A/S, Class B 424 557 1,977 Colruyt SA 116 148 3,325 Chr Hansen Holding A/S 301 404 2,714 Groupe Bruxelles Lambert SA 293 376 3,996 Coloplast A/S 313 525 8,445 KBC Group NV 597 858 25,209 Danske Bank A/S 841 1,038 5,198 Proximus SADP 187 154 6,388 DSV A/S 322 679 2,493 Solvay SA 373 414

The accompanying notes are an integral part of the financial statements.

247 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) 1,738 Telenet Group Holding NV 111 107 864 Ryanair Holdings PLC, ADR 40 130 4,253 UCB SA 349 440 7,575 Smurfit Kappa Group PLC 410 404 7,041 Umicore SA 281 532 3,541 4,213 5,459 6,854 Israel 0.5% Finland 1.0% 1,421 Azrieli Group Ltd. 80 93 4,799 Elisa OYJ 175 292 35,864 Bank Hapoalim BM 229 319 14,938 Fortum Oyj 379 469 48,670 Bank Leumi Le-Israel BM 253 378 11,371 Kone Oyj, Class B 557 762 68,305 Bezeq The Israeli Telecommunication Corp., 3,538 Metso OYJ 143 156 Ltd. 135 101 4,311 Neste Oyj 170 445 4,400 Check Point Software Technologies Ltd. 518 565 189,387 Nokia OYJ 1,453 1,434 774 Elbit Systems Ltd. 112 119 3,974 Nokian Renkaat Oyj 188 207 1,325 Frutarom Industries Ltd. 112 171 3,430 Orion Oyj, Class B 121 122 24,225 Israel Chemicals Ltd. 204 145 14,907 Sampo Oyj 782 957 4,593 Mizrahi Tefahot Bank Ltd. 73 111 18,531 Stora Enso Oyj 253 477 2,049 Nice Ltd. 141 278 17,948 UPM-Kymmene Oyj 447 844 32,479 Teva Pharmaceutical Industries Ltd., ADR 1,405 1,039 14,919 Wartsila OYJ Abp 293 386 3,262 3,319 4,961 6,551 Bermuda 0.3% Norway 0.7% 22,000 CK Infrastructure Holdings Ltd. 190 214 3,636 AKER BP ASA 172 177 11,400 Dairy Farm International Holdings Ltd. 127 132 32,886 DNB ASA 627 846 39,500 Hongkong Land Holdings Ltd. 344 372 6,589 Gjensidige Forsikring ASA 127 142 7,300 Jardine Matheson Holdings Ltd. 579 606 14,019 Marine Harvest ASA 320 367 7,400 Jardine Strategic Holdings Ltd. 368 355 45,249 Norsk Hydro ASA 279 356 21,500 Kerry Properties Ltd. 98 135 27,431 Orkla ASA 281 316 196,000 Li & Fung Ltd. 283 95 3,229 Schibsted ASA, Class B 132 120 54,000 NWS Holdings Ltd. 105 123 39,140 Statoil ASA 1,032 1,367 42,000 Shangri-La Asia Ltd. 88 104 25,252 Telenor ASA 595 681 24,500 Yue Yuen Industrial Holdings Ltd. 99 91 5,977 Yara International ASA 306 326 2,281 2,227 3,871 4,698 Luxembourg 0.3% Cayman Islands 0.7% 22,331 ArcelorMittal 890 861 10,100 ASM Pacific Technology Ltd. 143 168 386 Eurofins Scientific SE 243 282 86,832 CK Asset Holdings Ltd. 944 907 2,258 Millicom International Cellular SA 206 176 90,832 CK Hutchison Holdings Ltd. 1,822 1,267 1,274 RTL Group SA 158 114 8,300 Melco Crown Entertainment Ltd. 215 306 12,297 SES SA 372 296 31,200 MGM China Holdings Ltd. 92 95 15,859 Tenaris SA 347 383 24,000 Minth Group Ltd. 171 133 2,216 2,112 81,600 Sands China Ltd. 491 574 296,000 WH Group Ltd. 317 317 Austria 0.2% 41,000 Wharf Real Estate Investment Co., Ltd. 363 384 2,398 Andritz AG 160 168 52,400 Wynn Macau Ltd. 190 222 10,114 Erste Group Bank AG 450 555 4,952 OMV AG 258 369 4,748 4,373 5,037 Raiffeisen Bank International AG 199 203 Ireland 0.6% 3,874 Voestalpine AG 199 235 27,708 AIB Group Public Ltd., Co. 224 198 1,266 1,530 32,502 Bank of Ireland Group Public Ltd., Co. 367 334 28,211 CRH PLC 941 1,313 New Zealand 0.2% 2,999 DCC PLC 365 359 24,581 a2 Milk Co., Ltd. 243 251 14,838 James Hardie Industries PLC 212 327 32,656 Auckland International Airport Ltd. 124 197 4,484 Kerry Group PLC 416 617 19,345 Fisher & Paykel Healthcare Corp. Ltd. 228 257 844 Kerry Group PLC, Class A 29 116 28,647 Fletcher Building Ltd. 199 177 2,843 Paddy Power Betfair PLC 537 415 42,232 Meridian Energy Ltd. 92 117

The accompanying notes are an integral part of the financial statements.

248 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

62,392 Spark New Zealand Ltd. 156 207 Equities 1,143 1,347 Japan 22.9 23.1 Great Britain 15.8 15.9 Multinational 0.2% France 9.5 9.6 918 Unibail-Rodamco SE & WFD Germany 9.0 9.4 Unibail-Rodamco NV 267 266 Switzerland 7.5 7.8 23,980 Unibail-Rodamco SE & WFD Australia 6.5 6.6 Unibail-Rodamco NV,ADR 345 342 Netherlands 4.3 4.2 2,531 Unibail-Rodamco-Westfield 735 733 Spain 2.9 3.1 Hong Kong 2.5 2.4 1,347 1,341 Sweden 2.4 2.6 Portugal 0.2% Italy 1.9 1.9 54,131 Banco Espirito Santo SA 84 - Denmark 1.6 1.8 85,976 EDP - Energias de Portugal SA 375 449 Singapore 1.2 1.2 16,804 Galp Energia SGPS SA 316 422 Jersey 1.2 1.2 8,606 Jeronimo Martins SGPS SA 171 163 Belgium 1.0 1.1 Finland 1.0 1.0 946 1,034 Norway 0.7 0.6 South Africa 0.1% Cayman Islands 0.7 0.7 165,849 Old Mutual Ltd 467 433 Ireland 0.6 0.6 Israel 0.5 0.4 Papua New Guinea 0.1% Bermuda 0.3 0.3 46,065 Oil Search Ltd. 356 399 Luxembourg 0.3 0.3 Isle Of Man 0.1% Austria 0.2 0.2 18,331 GVC Holdings PLC 312 335 New Zealand 0.2 0.2 Multinational 0.2 - United States 0.0% Portugal 0.2 0.1 7,430 Altice USA, Inc. 163 167 South Africa 0.1 - Mauritius 0.0% Papua New Guinea 0.1 - 215,400 Golden Agri-Resources Ltd. 93 63 Isle Of Man 0.1 - Short-Term Investments 2.8 1.8 527,948 633,425 Derivative assets - 0.1 SHORT-TERM INVESTMENTS 2.8% Derivative liabilities (0.1) - USD 14,000,000 Federal Home Loan Bank, Other assets less liabilities 1.9 1.8 100.0 100.0 0.79%, Jul 03, 2018 18,414 18,415 Investments 546,362 651,840 Transaction costs (809) Total Investments 545,553 651,840 Derivative liabilities (0.1%) (781) Other assets less liabilities 1.9% 12,938 Net assets attributable to unitholders 100.0% 663,997

The accompanying notes are an integral part of the financial statements.

249 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL EQUITY INDEX POOLED FUND

FORWARD FOREIGN CURRENCY CONTRACTS 0.0% Purchased Currency Sold Currency Valueasat Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating USD 1.16566 Jul 02, 2018 USD 12 EUR 12 - Boston Financial Management N/R USD 0.00902 Jul 02, 2018 USD 271 JPY 271 - Boston Financial Management N/R USD 0.12745 Jul 03, 2018 USD 5 HKD 5 - Boston Financial Management N/R USD 1.31754 Jul 02, 2018 USD 59 GBP 59 - Boston Financial Management N/R Derivative liabilities - FUTURES CONTRACTS (0.1%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 230 USD 2,006.99 mini MSCI EAFE Index Futures Sep 21, 2018 USD 22,487 USD 1,955.40 (781) Derivative liabilities (781)

The accompanying notes are an integral part of the financial statements.

250 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL SMALL CAP POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL SMALL CAP POOLED FUND

Assets Income Current assets Dividend income 104 109 Investments, at fair value 6,032 6,123 Foreign exchange gain (loss) on currency - (1) Cash 253 258 Realized gain (loss) on sales of investments 116 360 Receivable from Manager - 8 Realized gain (loss) on derivatives 1 (1) Interest, dividends and other receivables 12 12 Change in unrealized appreciation (depreciation) in the value of investments (222) 157 6,297 6,401 (1) 624 Liabilities Expenses Current liabilities Audit fees 2 1 Payable on investments purchased - 79 Transfer agent fees 1 2 Accrued expenses and other liabilities 5 7 Unitholder reporting costs 7 1 586Custodial fees 2 28 Foreign withholding taxes 12 11 Net assets attributable to unitholders 6,292 6,315 Transaction costs 2 4 Net assets attributable to unitholders per unit 26 47 9.99 10.03 Less operating expenses absorbed by manager (4) (28) Net operating expenses 22 19 Increase (decrease) in net assets attributable to unitholders (23) 605 Increase (decrease) in net assets attributable to unitholders per unit (0.03) 1.14

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 6,315 5,311 Increase (decrease) in net assets attributable to unitholders (23) 605 Security Transactions Net assets attributable to unitholders - end of period 6,292 5,916

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 630 531 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 630 531

Signed on behalf of the Fund Manager for Manulife Asset Management International Bernard Letendre Warren Thomson Small Cap Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

251 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 95.9% unitholders (23) 605 Japan 23.1% Adjustments for: 16 Advance Residence Investment Corp. 45 54 Realized gain (loss) on sales of investments (116) (360) 1,600 Alps Electric Co., Ltd. 53 54 Realized gain (loss) on derivatives (1) 1 1,100 Bandai Namco Holdings, Inc. 27 60 Change in unrealized appreciation (depreciation) 2,000 Capcom Co., Ltd. 30 65 in the value of investments 222 (157) 1,800 COMSYS Holdings Corp. 44 63 Purchases of investments (862) (1,273) 1,800 Credit Saison Co., Ltd. 46 37 Proceeds from disposition of investments 769 1,204 2,000 Dena Co., Ltd. 49 49 Receivable from Manager 8 12 200 Disco Corp. 11 45 Interest, dividends and other receivables - (5) 7,000 Fukuoka Financial Group, Inc. 36 46 Accrued expenses and other liabilities (2) 10 2,900 Hino Motors Ltd. 36 41 Net cash provided by (used in) operating 315 Hirose Electric Co., Ltd. 56 51 activities (5) 37 1,500 Hitachi Transport System Ltd. 25 51 1,800 JGC Corp. 37 48 Cash flows from financing activities 1,400 Keisei Electric Railway Co., Ltd. 42 63 Net increase (decrease) in cash (5) 37 1,200 Matsumotokiyoshi Holdings Co., Ltd. 41 71 Cash (bank overdraft) beginning of period 258 214 1,900 Medipal Holdings Corp. 42 50 Cash (bank overdraft) end of period 253 251 5,600 Mitsubishi UFJ Lease & Finance Co., Ltd. 34 45 2,700 NHK Spring Co., Ltd. 31 33 Supplemental information on cash flows from operating activities: 8 Nippon Building Fund, Inc. 53 61 Dividends received, net of foreign withholding 2,000 Nippon Television Holdings, Inc. 33 44 taxes 91 93 2,700 OUTSOURCING, Inc. 27 66 1,000 Sumitomo Heavy Industries Ltd. 22 44 2,300 Tadano Ltd. 35 37 1,100 Taiheiyo Cement Corp. 41 48 1,700 Taiyo Yuden Co., Ltd. 22 63 3,000 Takashimaya Co., Ltd. 33 34 1,500 The Yokohama Rubber Co., Ltd. 28 41 900 Toyo Suisan Kaisha Ltd. 31 42 3,000 Zeon Corp. 34 47 1,044 1,453 Great Britain 11.8% 2,963 Consort Medical PLC 52 61 9,977 Equiniti Group PLC 30 43 26,276 FirstGroup PLC 56 38 5,506 Hammerson PLC 50 50 2,732 IMI PLC 52 54 4,287 Informa PLC 42 62 5,555 Investec PLC 41 52 6,104 Meggitt PLC 51 52 12,339 QinetiQ Group PLC 42 58 3,593 RPC Group PLC 53 47 10,866 Senior PLC 50 57 8,300 Spire Healthcare Group PLC 46 36 30,388 Thomas Cook Group PLC 43 57 8,694 TI Fluid Systems PLC 39 38 1,301 Ultra Electronics Holdings PLC 46 37 693 742 Canada 11.5% 7,215 AGF Management Ltd. 51 50 8,041 Alamos Gold, Inc. 63 60 637 Cogeco Communications, Inc. 32 42 4,190 Cominar REIT 63 54 3,959 Detour Gold Corp. 63 47

The accompanying notes are an integral part of the financial statements.

252 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 1,435 Dorel Industries, Inc. 49 32 Belgium 2.4% 6,539 Ensign Energy Services, Inc. 61 38 1,307 bpost SA 47 27 6,856 Just Energy Group, Inc. 49 33 294 Cofinimmo SA 41 47 922 Laurentian Bank of Canada 43 41 1,201 Ontex Group NV 52 35 628 Linamar Corp. 36 36 1,923 Orange Belgium 43 43 5,335 Lundin Mining Corp. 23 39 183 152 8,917 OceanaGold Corp. 38 33 2,311 Pan American Silver Corp. 38 54 South Korea 2.4% 5,598 Precision Drilling Corp. 38 24 320 Com2uS Corp. 42 63 6,333 Secure Energy Services, Inc. 53 46 3,435 DGB Financial Group, Inc. 35 42 2,132 Seven Generations Energy Ltd. 38 31 317 Hyundai Department Store Co., Ltd. 46 43 951 WSP Global, Inc. 37 66 123 148 775 726 Austria 2.2% France 5.0% 2,323 EVN AG 33 57 462 ICADE 45 57 256 Mayr-Melnhof Karton AG 28 46 409 Ingenico Group SA 42 48 3,006 UNIQA Insurance Group AG 36 36 1,199 Ipsos SA 40 54 97 139 1,226 Lagardere SCA 40 43 1,376 Neopost SA 49 49 Hong Kong 2.2% 893 Worldline SA 32 66 26,000 Guangdong Investment Ltd. 28 54 10,000 Hang Lung Group Ltd. 45 37 248 317 66,000 Lenovo Group Ltd. 51 47 Australia 4.4% 124 138 2,060 Ansell Ltd. 36 54 38,669 Beach Energy Ltd. 39 66 Germany 2.2% 3,499 Bendigo & Adelaide Bank Ltd. 39 37 471 Gerresheimer AG 36 50 4,439 Coca-Cola Amatil Ltd. 37 40 1,111 RHOEN-KLINIKUM Aktiengesellschaft 22 43 56,080 Sigma Healthcare Ltd. 49 44 1,854 TAKKT AG 43 45 16,605 Spark Infrastructure Group 28 37 101 138 228 278 Ireland 1.9% Netherlands 4.2% 390 ICON PLC 36 68 780 Aalberts Industries NV 32 49 998 Smurfit Kappa Group PLC 30 53 1,266 Corbion NV 38 53 66 121 890 Eurocommercial Properties NV 45 50 Taiwan 1.9% 761 Euronext NV 41 64 17,000 Kinsus Interconnect Technology Corp. 54 38 1,350 Philips Lighting NV 46 46 42,000 TECO Electric & Machinery Co., Ltd. 44 42 202 262 13,000 Wistron NeWeb Corp. 48 41 Spain 4.0% 146 121 2,848 Almirall SA 52 50 Bermuda 1.9% 1,170 Bolsas y Mercados Espanoles SHMSF SA 53 51 11,500 Johnson Electric Holdings Ltd. 37 44 1,638 Ebro Foods SA 45 50 4,923 Lancashire Holdings Ltd. 52 48 5,704 Prosegur Compania de Seguridad SA 47 49 7,500 Yue Yuen Industrial Holdings Ltd. 24 28 21,361 Unicaja Banco SA 51 48 113 120 248 248 China 1.6% Sweden 3.6% 71,000 SOHO China Ltd. 53 44 4,104 Attendo AB 52 48 8,000 Tsingtao Brewery Co., Ltd. 35 58 5,092 Betsson AB 57 41 1,747 Mekonomen Aktiebolag 50 32 88 102 1,043 Modern Times Group MTG AB 39 57 2,313 Securitas AB 49 50 247 228

The accompanying notes are an integral part of the financial statements.

253 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT INTERNATIONAL SMALL CAP POOLED FUND MANULIFE ASSET MANAGEMENT INTERNATIONAL SMALL CAP POOLED FUND

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited) CONCENTRATION RISK PAR VALUE ($) / NO. OF SHARES / The following table shows a summary of the Fund’s concentration risk. NO. OF UNITS / MATURITY VALUE / % of Net assets attributable to NO. OF AVERAGE COST FAIR VALUE unitholders CONTRACTS NAME ($) (’000) ($) (’000) Portfolio by Category June 30, 2018 (Unaudited) December 31, 2017 Finland 1.6% 710 Cargotec Corp. 52 47 Equities 3,025 Kemira Oyj 48 53 Japan 23.1 21.4 Great Britain 11.8 12.2 100 100 Canada 11.5 11.6 Italy 1.4% France 5.0 5.8 Australia 4.4 6.0 54,178 Beni Stabili SpA SIIQ 50 63 Netherlands 4.2 4.1 5,110 OVS SpA 37 22 Spain 4.0 2.2 87 85 Sweden 3.6 3.1 Belgium 2.4 3.2 Indonesia 1.3% South Korea 2.4 2.3 84,500 PT Indofood Sukses Makmur Tbk 54 52 Austria 2.2 2.8 49,700 PT Semen Indonesia (Persero) Tbk 49 32 Hong Kong 2.2 2.2 103 84 Germany 2.2 2.2 Ireland 1.9 1.7 Portugal 1.0% Taiwan 1.9 1.0 38,097 Sonae SGPS SA 52 60 Bermuda 1.9 1.4 Switzerland 0.9% China 1.6 1.6 453 PSP Swiss Property AG 48 55 Finland 1.6 1.6 Italy 1.4 1.7 Denmark 0.7% Indonesia 1.3 1.5 619 Jyske Bank A/S 35 45 Portugal 1.0 1.0 United States 0.7% Switzerland 0.9 1.7 9,642 Gran Tierra Energy, Inc. 44 44 Denmark 0.7 0.7 United States 0.7 0.5 Singapore 0.7% Singapore 0.7 0.6 16,400 Sembcorp Industries Ltd. 59 44 Malaysia 0.7 0.7 Malaysia 0.7% South Africa 0.6 0.7 26,600 Genting Malaysia Bhd 34 42 Jersey - 0.8 Cayman Islands - 0.7 South Africa 0.6% Other assets less liabilities 4.1 3.0 39,520 Redefine Properties Ltd. 47 40 100.0 100.0 Investments 5,335 6,032 Transaction costs (10) Total Investments 5,325 6,032 Other assets less liabilities 4.1% 260 Net assets attributable to unitholders 100.0% 6,292

The accompanying notes are an integral part of the financial statements.

254 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 80 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 80 POOLED FUND FUND

Assets Income Current assets Other income 2 - Investments, at fair value 35,824 34,793 Realized gain (loss) on sales of investments 103 44 Cash 36 1,473 Change in unrealized appreciation (depreciation) Subscriptions receivable - 760 in the value of investments 808 1,525 Receivable from investments sold 167 - 913 1,569 36,027 37,026 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 6 1 Redemptions payable 167 - Custodial fees 2 4 Payable on investments purchased - 2,233 Accrued expenses and other liabilities 7 11 11 9 Less operating expenses absorbed by manager - (1) 174 2,244 Net operating expenses 11 8 Net assets attributable to unitholders 35,853 34,782 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders 902 1,561 13.20 12.87 Increase (decrease) in net assets attributable to unitholders per unit 0.34 0.60

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 34,782 32,143 Increase (decrease) in net assets attributable to unitholders 902 1,561 Security Transactions Proceeds from units issued 820 940 Redemption of units (651) (809)

Total security transactions 169 131

Net assets attributable to unitholders - end of period 35,853 33,835

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 2,703 2,626 Units issued 64 74 Units issued for reinvestment of distributions - - Units redeemed (50) (65)

Units outstanding end of period 2,717 2,635

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 80 Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

255 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 80 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 80 POOLED FUND FUND

Cash (bank overdraft) end of period 36 8 % of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Mutual Funds 99.9 100.0 Other assets less liabilities 0.1 - 100.0 100.0

The accompanying notes are an integral part of the financial statements.

256 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 90 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 90 POOLED FUND FUND

Assets Income Current assets Other income 2 - Investments, at fair value 36,519 35,839 Realized gain (loss) on sales of investments 107 51 Cash 46 1,469 Change in unrealized appreciation (depreciation) Receivable from investments sold - 758 in the value of investments 685 1,708 Receivable from Manager - 5 794 1,759 36,565 38,071 Expenses Liabilities Audit fees 2 2 Transfer agent fees 2 2 Current liabilities Unitholder reporting costs 6 1 Redemptions payable - 758 Custodial fees 1 14 Payable on investments purchased - 1,464 Accrued expenses and other liabilities 7 11 11 19 Less operating expenses absorbed by manager - (1) 7 2,233 Net operating expenses 11 18 Net assets attributable to unitholders 36,558 35,838 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders 783 1,741 11.62 11.38 Increase (decrease) in net assets attributable to unitholders per unit 0.25 0.56

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 35,838 34,126 Increase (decrease) in net assets attributable to unitholders 783 1,741 Security Transactions Proceeds from units issued 623 400 Redemption of units (686) (819)

Total security transactions (63) (419)

Net assets attributable to unitholders - end of period 36,558 35,448

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 3,151 3,148 Units issued 56 36 Units issued for reinvestment of distributions - - Units redeemed (62) (74)

Units outstanding end of period 3,145 3,110

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 90 Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

257 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 90 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 90 POOLED FUND FUND

Cash (bank overdraft) end of period 46 3 % of Net assets attributable to unitholders Supplemental information on cash flows from operating activities: Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 Dividends received, net of foreign withholding taxes 1 - Mutual Funds 99.9 100.0 Other assets less liabilities 0.1 - 100.0 100.0

The accompanying notes are an integral part of the financial statements.

258 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 100 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 100 POOLED FUND FUND

Assets Income Current assets Realized gain (loss) on sales of investments - 1 Investments, at fair value 184 176 Change in unrealized appreciation (depreciation) Cash 1 8 in the value of investments 3 7 Receivable from Manager - 5 38 Interest, dividends and other receivables 1 - Expenses 186 189 Audit fees 2 1 Liabilities Transfer agent fees 1 2 Unitholder reporting costs 2 1 Current liabilities Custodial fees 1 9 Payable on investments purchased - 7 Accrued expenses and other liabilities 6 5 613 Less operating expenses absorbed by manager (6) (13) 612 Net operating expenses - - Net assets attributable to unitholders 180 177 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders 38 10.07 9.90 Increase (decrease) in net assets attributable to unitholders per unit 0.13 0.52

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 177 163 Increase (decrease) in net assets attributable to unitholders 38 Security Transactions Net assets attributable to unitholders - end of period 180 171

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 18 17 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 18 17

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 100 Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

259 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 100 POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 100 POOLED FUND FUND

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Mutual Funds 102.2 99.5 Other assets less liabilities (2.2) 0.5 100.0 100.0

The accompanying notes are an integral part of the financial statements.

260 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 YOUNG POOLED FUND MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 YOUNG POOLED FUND

Assets Income Current assets Other income 2 - Investments, at fair value 4,516 4,347 Realized gain (loss) on sales of investments 2 5 Cash 17 216 Change in unrealized appreciation (depreciation) Receivable from Manager - 10 in the value of investments 71 293 Interest, dividends and other receivables 1 - 75 298 4,534 4,573 Expenses Liabilities Audit fees 2 1 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 2 1 Payable on investments purchased - 209 Custodial fees 1 5 Accrued expenses and other liabilities 6 6 69 6 215 Less operating expenses absorbed by manager (4) (7) Net assets attributable to unitholders 4,528 4,358 Net operating expenses 2 2 Net assets attributable to unitholders per unit Increase (decrease) in net assets 9.97 9.82 attributable to unitholders 73 296 Increase (decrease) in net assets attributable to unitholders per unit 0.16 0.71

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 4,358 3,896 Increase (decrease) in net assets attributable to unitholders 73 296 Security Transactions Proceeds from units issued 110 21 Redemption of units (13) (14)

Total security transactions 97 7

Net assets attributable to unitholders - end of period 4,528 4,199

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 444 419 Units issued 11 2 Units issued for reinvestment of distributions - - Units redeemed (1) (1)

Units outstanding end of period 454 420

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 105 Young Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

261 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 YOUNG POOLED FUND MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 YOUNG POOLED FUND

Mutual Funds 99.7 99.7 Other assets less liabilities 0.3 0.3 100.0 100.0

The accompanying notes are an integral part of the financial statements.

262 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 AVERAGE POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 AVERAGE POOLED FUND FUND

Assets Income Current assets Other income 1 - Investments, at fair value 2,798 7,789 Realized gain (loss) on sales of investments 26 18 Cash 7 292 Change in unrealized appreciation (depreciation) Receivable from investments sold 1 1 in the value of investments (34) 420 Receivable from Manager - 15 (7) 438 2,806 8,097 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 2 1 Redemptions payable 1 1 Custodial fees 1 7 Payable on investments purchased - 287 Accrued expenses and other liabilities 7 8 612 Less operating expenses absorbed by manager (3) (8) 8 296 Net operating expenses 3 4 Net assets attributable to unitholders 2,798 7,801 Increase (decrease) in net assets Net assets attributable to unitholders per unit attributable to unitholders (10) 434 10.40 10.28 Increase (decrease) in net assets attributable to unitholders per unit (0.03) 0.57

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 7,801 7,683 Increase (decrease) in net assets attributable to unitholders (10) 434 Security Transactions Proceeds from units issued 80 9 Redemption of units (5,073) (364)

Total security transactions (4,993) (355)

Net assets attributable to unitholders - end of period 2,798 7,762

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 759 773 Units issued 8 1 Units issued for reinvestment of distributions - - Units redeemed (498) (35)

Units outstanding end of period 269 739

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 105 Average Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

263 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 AVERAGE POOLED MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 AVERAGE POOLED FUND FUND

Cash (bank overdraft) end of period 79 % of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Mutual Funds 100.0 99.8 Other assets less liabilities - 0.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

264 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 MATURE POOLED FUND MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 MATURE POOLED FUND

Assets Income Current assets Realized gain (loss) on sales of investments (2) (1) Investments, at fair value 828 822 Change in unrealized appreciation (depreciation) Cash 9 26 in the value of investments 10 24 Receivable from Manager - 5 823 837 853 Expenses Liabilities Audit fees 2 2 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 2 1 Payable on investments purchased - 22 Custodial fees 1 3 Accrued expenses and other liabilities 6 5 68 627Less operating expenses absorbed by manager (5) (7) Net assets attributable to unitholders 831 826 Net operating expenses 1 1 Net assets attributable to unitholders per unit Increase (decrease) in net assets 9.79 9.70 attributable to unitholders 722 Increase (decrease) in net assets attributable to unitholders per unit 0.10 0.26

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 826 858 Increase (decrease) in net assets attributable to unitholders 722 Security Transactions Proceeds from units issued 68 73 Redemption of units (70) (67)

Total security transactions (2) 6

Net assets attributable to unitholders - end of period 831 886

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 85 90 Units issued 7 8 Units issued for reinvestment of distributions - - Units redeemed (7) (7)

Units outstanding end of period 85 91

Signed on behalf of the Fund Manager for Manulife Asset Management Target Bernard Letendre Warren Thomson De-Risking 105 Mature Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

265 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 MATURE POOLED FUND MANULIFE ASSET MANAGEMENT TARGET DE-RISKING 105 MATURE POOLED FUND

Cash (bank overdraft) end of period 95 % of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Mutual Funds 99.6 99.5 Other assets less liabilities 0.4 0.5 100.0 100.0

The accompanying notes are an integral part of the financial statements.

266 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL OPPORTUNISTIC ALLOCATION POOLED MANULIFE ASSET MANAGEMENT GLOBAL OPPORTUNISTIC ALLOCATION POOLED FUND FUND

Assets Income Current assets Dividend income 4 5 Investments, at fair value 439 418 Realized gain (loss) on sales of investments 11 15 Cash 1 - Change in unrealized appreciation (depreciation) Receivable from Manager - 6 in the value of investments 2 (1) Interest, dividends and other receivables 1 1 17 19 441 425 Expenses Liabilities Audit fees 2 1 Transfer agent fees 1 2 Current liabilities Unitholder reporting costs 1 1 Accrued expenses and other liabilities 6 6 Custodial fees 3 10 66Foreign withholding taxes 1 - Net assets attributable to unitholders 435 419 814 Less operating expenses absorbed by manager (7) (13) Net assets attributable to unitholders per unit 10.42 10.02 Net operating expenses 1 1 Increase (decrease) in net assets attributable to unitholders 16 18 Increase (decrease) in net assets attributable to unitholders per unit 0.39 0.46

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 419 389 Increase (decrease) in net assets attributable to unitholders 16 18 Security Transactions Net assets attributable to unitholders - end of period 435 407

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 42 39 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 42 39

Signed on behalf of the Fund Manager for Manulife Asset Management Global Opportu- Bernard Letendre Warren Thomson nistic Allocation Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

267 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL OPPORTUNISTIC ALLOCATION POOLED MANULIFE ASSET MANAGEMENT GLOBAL OPPORTUNISTIC ALLOCATION POOLED FUND FUND

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to unitholders Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Exchange-Traded Funds 99.3 98.4 Short-Term Investments 1.6 1.4 Other assets less liabilities (0.9) 0.2 100.0 100.0

The accompanying notes are an integral part of the financial statements.

268 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES POOLED FUND POOLED FUND

Assets Income Current assets Other income 33 - Investments, at fair value 145,188 198,920 Realized gain (loss) on sales of investments 5,952 3,800 Cash 107 - Change in unrealized appreciation (depreciation) Subscriptions receivable - 37 in the value of investments (11,499) (320) Receivable from Manager - 35 (5,514) 3,480 145,295 198,992 Expenses Liabilities Audit fees 2 3 Transfer agent fees 1 3 Current liabilities Filing fees 1 - Accrued expenses and other liabilities 17 30 Interest expense & bank charges 1 2 17 30 Unitholder reporting costs 22 2 Custodial fees 2 82 Net assets attributable to unitholders 145,278 198,962 29 92 Net assets attributable to unitholders per unit Less operating expenses absorbed by manager - (15) 119.46 124.02 Net operating expenses 29 77 Increase (decrease) in net assets attributable to unitholders (5,543) 3,403 Increase (decrease) in net assets attributable to unitholders per unit (4.36) 1.90

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 198,962 263,901 Increase (decrease) in net assets attributable to unitholders (5,543) 3,403 Security Transactions Proceeds from units issued 4,376 100 Redemption of units (52,517) (48,582)

Total security transactions (48,141) (48,482)

Net assets attributable to unitholders - end of period 145,278 218,822

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 1,604 2,143 Units issued 36 1 Units issued for reinvestment of distributions - - Units redeemed (424) (395)

Units outstanding end of period 1,216 1,749

Signed on behalf of the Fund Manager for Manulife Asset Management Global Absolute Bernard Letendre Warren Thomson Return Strategies Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

269 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES POOLED FUND POOLED FUND

The accompanying notes are an integral part of the financial statements.

270 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES PRIVATE POOLED FUND PRIVATE POOLED FUND

Assets Income Current assets Dividend income 2,681 2,034 Investments, at fair value 86,079 158,315 Other income 1 - Cash - 1 Realized gain (loss) on sales of investments (976) (119) Receivable from investments sold 21 - Change in unrealized appreciation (depreciation) Receivable from Manager - 7 in the value of investments (7,092) 679 86,100 158,323 (5,386) 2,594 Liabilities Expenses Audit fees 3 2 Current liabilities Transfer agent fees - 12 Bank overdraft 22 - Unitholder reporting costs 10 2 Accrued expenses and other liabilities 12 39 Custodial fees 1 30 34 39 14 46 Net assets attributable to unitholders 86,066 158,284 Less operating expenses absorbed by manager - (7) Net assets attributable to unitholders per series Net operating expenses 14 39 Series A 52,053 95,555 Increase (decrease) in net assets Series B 34,013 62,729 attributable to unitholders (5,400) 2,555 86,066 158,284 Increase (decrease) in net assets attributable to unitholders per series Net assets attributable to unitholders per unit Series A (3,524) 1,493 Series A 110.83 116.58 Series B (1,876) 1,062 Series B 108.59 114.32 (5,400) 2,555 Increase (decrease) in net assets attributable to unitholders per unit per series Series A (4.60) 1.81 Series B (4.17) 1.74

Signed on behalf of the Fund Manager for Manulife Asset Management Global Absolute Bernard Letendre Warren Thomson Return Strategies Private Pooled Fund. Director Director

The accompanying notes are an integral part of the financial statements.

271 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES PRIVATE POOLED FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS Series Series For the period ended June 30, 2018 (Unaudited) Fund A B (In thousands except for per unit amounts) $ $ $

Net assets attributable to unitholders - beginning of period 158,284 95,555 62,729 Increase (decrease) in net assets attributable to unitholders (5,400) (3,524) (1,876) Distributions to unitholders from: Net investment income (1,304) (787) (517)

Total distributions to unitholders (1,304) (787) (517)

Security transactions Reinvestments of distributions to unitholders 1,304 787 517 Redemption of units (66,818) (39,978) (26,840)

Total security transactions (65,514) (39,191) (26,323)

Net assets attributable to unitholders - end of period 86,066 52,053 34,013

Changes due to securities transactions (Note 4) Units outstanding beginning of period 820 549 Units issued - - Units issued for reinvestment of distributions 7 5 Units redeemed (357) (241)

Units outstanding end of period 470 313

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS Series Series For the period ended June 30, 2017 (Unaudited) Fund A B (In thousands except for per unit amounts) $ $ $

Net assets attributable to unitholders - beginning of period 169,890 97,037 72,853 Increase (decrease) in net assets attributable to unitholders 2,555 1,493 1,062 Distributions to unitholders from: Net investment income (967) (559) (408)

Total distributions to unitholders (967) (559) (408)

Security transactions Reinvestments of distributions to unitholders 967 559 408 Redemption of units (13,353) (4,910) (8,443)

Total security transactions (12,386) (4,351) (8,035)

Net assets attributable to unitholders - end of period 159,092 93,620 65,472

Changes due to security transactions (Note 4) Units outstanding beginning of period 856 655 Units issued for reinvestment of distributions 5 4 Units redeemed (43) (76)

Units outstanding end of period 818 583

The accompanying notes are an integral part of the financial statements.

272 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES MANULIFE ASSET MANAGEMENT GLOBAL ABSOLUTE RETURN STRATEGIES PRIVATE POOLED FUND PRIVATE POOLED FUND

The accompanying notes are an integral part of the financial statements.

273 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION

Assets Income Current assets Interest for distribution purposes 1,321 1,683 Investments, at fair value 76,703 80,209 Dividend income 377 231 Cash 1,944 274 Foreign exchange gain (loss) on income (1) 8 Margin deposited on derivatives 2,307 120 Foreign exchange gain (loss) on currency (587) (130) Receivable from investments sold 3,695 3,785 Other income - 10 Realized gain (loss) on sales of investments (37) 884 Interest, dividends and other receivables 366 523 Realized gain (loss) on derivatives (1,165) (1,316) Derivative assets 190 1,956 Change in unrealized appreciation (depreciation) 85,205 86,867 in the value of investments 2,290 (2,018) Liabilities Change in unrealized appreciation (depreciation) Current liabilities in the value of derivatives (2,403) 3,264 Payable on investments purchased 3,872 5,922 (205) 2,616 Accrued expenses and other liabilities 19 22 Expenses Derivative liabilities 1,133 243 Audit fees 3 2 5,024 6,187 Transfer agent fees 1 2 Interest expense & bank charges 3 3 Net assets attributable to unitholders 80,181 80,680 Unitholder reporting costs 40 1 Net assets attributable to unitholders per unit Custodial fees 18 72 9.85 9.91 Foreign withholding taxes 19 - Transaction costs 210 144 294 224 Increase (decrease) in net assets attributable to unitholders (499) 2,392 Increase (decrease) in net assets attributable to unitholders per unit (0.07) 0.24

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 80,680 100,836 Increase (decrease) in net assets attributable to unitholders (499) 2,392 Security Transactions Net assets attributable to unitholders - end of period 80,181 103,228

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 8,137 10,008 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 8,137 10,008

Signed on behalf of the Fund Manager for Manulife Asset Management Multi Asset Bernard Letendre Warren Thomson Absolute Return Solution. Director Director

The accompanying notes are an integral part of the financial statements.

274 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to BONDS 44.3% unitholders (499) 2,392 United States 30.5% Adjustments for: Corporate Bonds 21.0% Change in unrealized foreign exchange gain USD 3,000,000 Becton, Dickinson and Co., (loss) on currency 39 74 2.68%, Dec 15, 2019 3,889 3,918 Realized gain (loss) on sales of investments 37 (884) USD 250,000 Cheniere Corpus Christi Holdings LLC, Realized gain (loss) on derivatives 1,165 1,316 5.13%, Jun 30, 2027 328 327 Change in unrealized appreciation (depreciation) USD 865,425 Continental Airlines 2010-1 Class A in the value of investments (2,290) 2,018 Pass Through Trust, Change in unrealized appreciation (depreciation) 4.75%, Jul 12, 2022 1,229 1,161 in the value of derivatives 2,403 (3,264) USD 750,000 Continental Resources, Inc., Purchases of investments (789,197) (305,130) 4.90%, Jun 01, 2044 923 970 Proceeds from disposition of investments 792,084 299,548 USD 2,000,000 Enbridge Energy Partners LP, FRN Margin deposited on derivatives (2,187) (798) 6.11%, Oct 01, 2037 2,543 2,641 Receivable from Manager - (2) USD 2,000,000 Energy Transfer Partners LP, FRN Interest, dividends and other receivables 157 29 4.39%, Nov 01, 2066 2,235 2,256 Accrued expenses and other liabilities (3) (19) USD 500,000 Enterprise Products Operating LLC, Net cash provided by (used in) operating 5.25%, Aug 16, 2077 632 613 activities 1,709 (4,720) USD 3,000,000 Ford Motor Credit Co. LLC, Cash flows from financing activities 2.60%, Nov 04, 2019 3,868 3,915 Change in unrealized foreign exchange gain USD 500,000 Freedom Mortgage Corp., (loss) on currency (39) (74) 8.13%, Nov 15, 2024 647 640 Net increase (decrease) in cash 1,709 (4,794) USD 250,000 GLP Capital LP / GLP Financing II, Inc., Cash (bank overdraft) beginning of period 274 5,243 5.38%, Apr 15, 2026 338 326 USD 65,217 Heartland Dental LLC, Cash (bank overdraft) end of period 1,944 449 3.75%, Apr 30, 2025 82 86 Supplemental information on cash flows from operating activities: 16,714 16,853 Interest received, net of foreign withholding taxes 1,498 1,716 Term Loans 9.5% Dividends received, net of foreign withholding USD 500,000 Alliant Holdings Intermediate LLC, taxes 330 235 5.36%, May 10, 2025 643 654 Interest paid 3 3 USD 500,000 Deck Chassis Acquisition, Inc., 8.34%, Jun 15, 2023 639 665 USD 498,750 Digicert Holdings, Inc., 7.11%, Oct 31, 2024 608 657 USD 997,500 Glass Mountain Pipeline Holdings LLC, 6.84%, Dec 15, 2024 1,267 1,307 USD 434,783 Heartland Dental LLC, 3.75%, Apr 19, 2025 545 570 USD 498,744 McAfee LLC, 6.82%, Sep 29, 2024 630 660 USD 496,162 McGraw-Hill Global Education Holdings LLC, 5.65%, May 02, 2022 637 640 USD 396,501 MH Sub I LLC, 5.93%, Sep 13, 2024 501 522 USD 497,500 New Insight Holdings Inc, 6.50%, Dec 08, 2024 608 645 USD 1,000,000 Unimin Corp, 4.75%, May 21, 2025 1,277 1,317 7,355 7,637 24,069 24,490

The accompanying notes are an integral part of the financial statements.

275 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Global 12.3% 20,000 Canadian Imperial Bank of Commerce, Corporate Bonds 12.3% Preferred 4.40%, Series 45 506 499 USD 500,000 Allegro CLO VIII Ltd., 20,000 Canadian Imperial Bank of Commerce, 2.15%, Jul 15, 2031 658 658 Preferred 4.50%, Series 47 500 481 USD 1,500,000 Braskem Finance Ltd., 15,000 Element Fleet Management Corp., 7.38%, Oct 29, 2049 1,931 1,986 Preferred 6.40%, Series E 317 315 AUD 2,000,000 Crown Resorts Ltd., 7,500 Element Fleet Management Corp., 5.77%, Apr 23, 2075 1,949 1,976 Preferred 6.50%, Series G 166 166 USD 500,000 HSBC Holdings PLC, 25,000 Intact Financial Corp., Preferred 6.38%, Dec 29, 2049 663 647 4.20%, Series 1 518 486 USD 500,000 Lloyds Banking Group PLC, 25,000 National Bank of Canada, Preferred 7.50%, Dec 31, 2049 694 670 4.10%, Series 30 578 584 AUD 600,000 Macquarie Finance Ltd., 8,000 Royal Bank of Canada 791 792 3.40%, Jan 29, 2049 479 483 25,000 Royal Bank of Canada, Preferred AUD 600,000 National Australia Bank Ltd., 4.00%, Series AZ 571 588 3.15%, Jun 29, 2049 472 492 10,000 The Bank of Nova Scotia 767 744 INR 30,000,000 NTPC Ltd., 25,000 The Toronto-Dominion Bank, Preferred 7.25%, May 03, 2022 596 561 3.75%, Series 5 564 582 USD 500,000 Petra Diamonds US Treasury PLC, 6,705 6,651 7.25%, May 01, 2022 638 636 IDR 10,000,000,000 PT Bank Rakyat Indonesia (Persero) Utilities 0.7% Tbk, 25,000 Brookfield Renewable Power Preferred 8.90%, Dec 01, 2026 1,002 951 Equity, Inc., Preferred 5.00%, Series 5 537 550 USD 500,000 Stora Enso Oyj, Real Estate 0.4% 7.25%, Apr 15, 2036 777 797 4,850 Minto Apartment Real Estate 9,859 9,857 Investment Trust 70 70 25,000 Tricon Capital Group, Inc. 261 276 Canada 1.5% Corporate Bonds 1.5% 331 346 USD 1,000,000 Teck Resources Ltd., 9,925 9,937 5.40%, Feb 01, 2043 1,259 1,187 United States 8.1% 35,187 35,534 Energy 0.0% EQUITIES 22.4% 250 Diamondback Energy, Inc. 41 43 Canada 12.4% Industrials 0.2% Energy 2.0% 1,000 Armstrong World Industries, Inc. 75 83 25,000 AltaGas Ltd., Preferred 3.38%, 1,200 Delta Air Lines, Inc. 79 79 Series A 518 519 154 162 30,000 Enbridge, Inc., Preferred 4.00%, Series H 556 552 Consumer Discretionary 0.2% 25,000 TransCanada Corp., Preferred 4.00%, 900 Walt Disney Co. 117 124 Series 7 559 565 Health Care 0.1% 1,633 1,636 500 Intercept Pharmaceuticals, Inc. 42 55 Industrials 0.3% Financials 7.1% 15,000 Bombardier, Inc., Preferred 3.98%, 2,400 Aflac, Inc. 131 136 Series 3 189 205 120,000 GMAC Capital Trust I, Preferred 7.20%, Series 2 3,941 4,151 Consumer Discretionary 0.7% 3,300 KeyCorp 85 85 30,000 Shaw Communications, Inc., Preferred 20,000 MB Financial, Inc., Preferred 6.00%, 2.79%, Series A 530 549 Series C 628 667 Financials 8.3% 10,000 Oaktree Capital Group, LLC 515 535 20,000 Bank of Montreal, Preferred 4.40%, 5,000 The Carlyle Group LP 148 140 Series 42 505 499 5,448 5,714 8,000 Canadian Imperial Bank of Commerce 922 915

The accompanying notes are an integral part of the financial statements.

276 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Information Technology 0.3% 20,000 SPDR S&P Oil & Gas Exploration & 2,000 Cisco Systems, Inc. 109 113 Production ETF 1,073 1,133 1,000 Imperva, Inc. 60 63 7,736 7,743 250 Palo Alto Networks, Inc. 59 68 Investments 76,010 76,703 228 244 Transaction costs (15) Utilities 0.2% 1,900 Eversource Energy 137 147 Total investments 75,995 76,703 6,167 6,489 Derivative assets 0.2% 190 Derivative liabilities (1.4%) (1,133) Global 1.9% Other assets less liabilities 5.5% 4,421 Materials 0.1% 50,000 Lee & Man Paper Manufacturing Ltd. 71 66 Net assets attributable to unitholders 100.0% 80,181 Industrials 0.6% 900 Ingersoll-Rand PLC 103 106 CONCENTRATION RISK 7,500 RELX NV 203 210 The following table shows a summary of the Fund’s concentration risk. 2,000 Vestas Wind Systems A/S 183 163 489 479 % of Net assets attributable to unitholders Consumer Discretionary 0.0% Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 25,000 Texhong Textile Group Ltd. 45 50 Bonds Health Care 0.4% United States 1,500 Fresenius Medical Care AG & Co. Corporate Bonds 21.0 35.6 KGaA 205 199 Term Loans 9.5 7.4 1,000 Medtronic PLC 105 113 Global Corporate Bonds 12.3 25.7 310 312 Canada Financials 0.7% Corporate Bonds 1.5 5.6 15,000 Chesnara PLC 104 94 Equities 7,500 DBS Group Holdings Ltd. 209 193 Canada Energy 2.0 1.3 7,500 Deutsche Bank AG 108 106 Industrials 0.3 - 15,000 Nordea Bank AB, Subscription Receipt 202 190 Consumer Discretionary 0.7 0.5 623 583 Financials 8.3 2.2 Telecommunication Services - 0.5 Telecommunication Services 0.1% Utilities 0.7 0.3 2,500 Deutsche Telekom AG 56 51 Real Estate 0.4 - 1,594 1,541 United States Energy - 1.1 17,686 17,967 Industrials 0.2 - SHORT-TERM INVESTMENTS 19.3% Consumer Discretionary 0.2 - USD 1,500,000 Enterprise Products Operating LLC, Health Care 0.1 - FRN Financials 7.1 - 5.08%, Jun 01, 2067 1,908 1,966 Information Technology 0.3 - USD 10,000,000 Federal Home Loan Bank, Utilities 0.2 - 0.79%, Jul 03, 2018 13,153 13,153 Global 340,000 Merit Trust, Materials 0.1 - Industrials 0.6 0.6 0.72%, Jul 03, 2018 340 340 Health Care 0.4 - 15,401 15,459 Financials 0.7 - Telecommunication Services 0.1 - EXCHANGE-TRADED FUNDS 9.7% Short-Term Investments 19.3 18.6 100,000 Invesco Ultra Short Duration ETF 6,663 6,610 Exchange-Traded Funds 9.7 - Derivative assets 0.2 2.4 Derivative liabilities (1.4) (0.3) Other assets less liabilities 5.5 (1.5) 100.0 100.0

The accompanying notes are an integral part of the financial statements.

277 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT MULTI ASSET ABSOLUTE RETURN SOLUTION

FORWARD FOREIGN CURRENCY CONTRACTS (0.9%) Purchased Currency Sold Currency Valueasat Value as at Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 0.98536 Sep 19, 2018 CAD 2,956 AUD 2,913 43 Bank of America A- USD 0.03360 Sep 19, 2018 USD 1,971 TWD 1,934 37 State Street Bank and Trust Company AA- USD 0.15086 Sep 19, 2018 USD 1,913 CNY 1,906 7 Citibank N.A. A+ TWD 30.36500 Sep 19, 2018 TWD 1,934 USD 1,932 2 State Street Bank and Trust Company AA- CAD 0.00009 Jul 03, 2018 CAD 942 IDR 941 1 State Street Bank and Trust Co. HK AA- CAD 0.16846 Jul 04, 2018 CAD 152 HKD 151 1 State Street Bank and Trust Company AA- Derivative assets 91 HKD 5.93606 Sep 19, 2018 HKD 252 CAD 253 (1) State Street Bank and Trust Company AA- CAD 1.53913 Sep 19, 2018 CAD 1,154 EUR 1,157 (3) State Street Bank and Trust Company AA- CAD 0.16556 Sep 19, 2018 CAD 249 HKD 252 (3) State Street Bank and Trust Company AA- EUR 0.64358 Sep 19, 2018 EUR 386 CAD 389 (3) Royal Bank of Canada AA- CNY 6.43532 Sep 19, 2018 CNY 1,906 USD 1,970 (64) Citibank N.A. A+ CAD 1.29829 Sep 19, 2018 CAD 19,474 USD 19,706 (232) State Street Bank and Trust Company AA- CAD 1.29746 Sep 19, 2018 CAD 19,461 USD 19,706 (245) Royal Bank of Canada AA- CAD 1.29820 Sep 19, 2018 CAD 22,719 USD 22,991 (272) Bank of America A- Derivative liabilities (823) Total (732) FUTURES CONTRACTS (0.2%) Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 30 CAD 949.00 S&P TSX 60 Index Future Sep 20, 2018 CAD 5,780 CAD 963.30 86 (1) USD 2,010.00 S&P 400 Index EMINI Futures Sep 21, 2018 USD 196 USD 1,956.10 7 (1) USD 345.50 XAF FINANCIAL Futures Sep 21, 2018 USD 82 USD 327.40 6 Derivative assets 99 (4) USD 113.41 5-Year U.S. Treasury Note Future Sep 28, 2018 USD 454 USD 113.62 (1) (10) USD 94.06 U.S. Dollar Index Future Sep 17, 2018 USD 943 USD 94.35 (4) (11) USD 119.55 10-Year U.S. Treasury Note Future Sep 19, 2018 USD 1,322 USD 120.19 (9) 25 JPY 22,315.00 YEN Denominated NIKKEI 225 IDX Futures Sep 13, 2018 JPY 277,813 JPY 22,225.00 (13) 40 EUR 3,452.00 EURO STOXX 50 SEP18 XEUR 20180921 Sep 21, 2018 EUR 1,356 EUR 3,391.00 (38) 42 USD 2,740.52 S&P 500 Index EMNI Futres Sep 21, 2018 USD 5,715 USD 2,721.60 (52) 30 USD 1,140.60 mini MSCI Emerging Markets Index Futures Sep 21, 2018 USD 1,595 USD 1,063.30 (153) Derivative liabilities (270) Total (171) OPTION CONTRACTS (0.0%) NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($)(’000) ($)(’000) (30) MSCI EM Call Options @ 1,150.00, Sep 2018 (20) (26) (30) MSCI EM Call Options @ 1,200.00, Sep 2018 (5) (6) (1,000) USD/CAD Put Option @ 1.30, Jul 2018 (10) (8) Derivative liabilities (35) (40)

The accompanying notes are an integral part of the financial statements.

278 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II

Assets Income Current assets Interest for distribution purposes 149 293 Investments, at fair value 474,855 478,697 Dividend income 6,720 5,893 Cash 58 19 Foreign exchange gain (loss) on income 1 - Margin deposited on derivatives 729 1,276 Foreign exchange gain (loss) on currency 3 (2) Interest, dividends and other receivables 1,327 1,227 Income from securities lending 10 2 Realized gain (loss) on sales of investments 614 (854) Derivative assets 106 516 Realized gain (loss) on derivatives (607) 3,147 477,075 481,735 Change in unrealized appreciation (depreciation) Liabilities in the value of investments 3,589 (3,004) Change in unrealized appreciation (depreciation) Current liabilities Redemptions payable 1,316 - in the value of derivatives (555) (2,857) Payable on investments purchased - 2,960 9,924 2,618 Accrued expenses and other liabilities 15 35 Expenses Distribution payable to partners - 6,176 Audit fees 2 3 Derivative liabilities 98 - Transfer agent fees 1 2 1,429 9,171 Interest expense & bank charges - 3 Partner reporting costs 27 2 Net assets attributable to partners 475,646 472,564 Custodial fees 16 70 Net assets attributable to partners per unit Transaction costs 6 4 9.04 8.97 52 84 Less operating expenses absorbed by manager - (1) Net operating expenses 52 83 Increase (decrease) in net assets attributable to partners 9,872 2,535 Increase (decrease) in net assets attributable to partners per unit 0.19 0.05

Signed on behalf of the Fund Manager for Manulife Asset Management S&P / TSX 60 Bernard Letendre Warren Thomson Pooled Fund II. Director Director

The accompanying notes are an integral part of the financial statements.

279 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO STATEMENTS OF CASH FLOWS PARTNERS For the periods ended June 30 2018 2017 For the periods ended June 30 (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ (In thousands except for per unit amounts) 2018 2017 Cash flows from operating activities (Unaudited)$ (Unaudited)$ Increase (decrease) in net assets attributable to partners 9,872 2,535 Net assets attributable to partners - beginning of Adjustments for: period 472,564 440,097 Change in unrealized foreign exchange gain Increase (decrease) in net assets attributable to (loss) on currency (1) 1 partners 9,872 2,535 Realized gain (loss) on sales of investments (614) 854 Distribution to partners from: Realized gain (loss) on derivatives 607 (3,147) Net investment income (6,107) (5,783) Change in unrealized appreciation (depreciation) Total distributions to partners (6,107) (5,783) in the value of investments (3,589) 3,004 Security Transactions Change in unrealized appreciation (depreciation) Proceeds from units issued 2,822 11,233 in the value of derivatives 555 2,857 Reinvestments of distributions to partners 1,783 1,644 Purchases of investments (493,323) (54,656) Redemption of units (5,288) (4,872) Proceeds from disposition of investments 497,754 50,637 Margin deposited on derivatives 547 (770) Total security transactions (683) 8,005 Receivable from Manager - (1) Net assets attributable to partners - end of period 475,646 444,854 Interest, dividends and other receivables (100) (39) Accrued expenses and other liabilities (20) 23 Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 52,701 49,124 Net cash provided by (used in) operating Units issued 312 1,232 activities 11,688 1,298 Units issued for reinvestment of distributions 204 180 Cash flows from financing activities Units redeemed (593) (539) Distributions paid to partners, net of reinvested Units outstanding end of period 52,624 49,997 distributions (10,500) (6,854) Proceeds from sale of units 2,822 10,536 Payments for units redeemed (3,972) (4,872) Net cash provided by (used in) financing activities (11,650) (1,190) Change in unrealized foreign exchange gain (loss) on currency 1 (1) Net increase (decrease) in cash 38 107 Cash (bank overdraft) beginning of period 19 70 Cash (bank overdraft) end of period 58 177 Supplemental information on cash flows from operating activities: Interest received, net of foreign withholding taxes 149 293 Dividends received, net of foreign withholding taxes 6,620 5,854

The accompanying notes are an integral part of the financial statements.

280 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / PAR VALUE ($) / NO. OF UNITS / NO. OF SHARES / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF UNITS / NO. OF CONTRACTS NAME ($) (’000) ($) (’000) MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) EQUITIES 95.2% Canada 95.2% Health Care 0.6% Energy 21.0% 84,600 Valeant Pharmaceuticals International, Inc. 12,170 2,589 96,371 ARC Resources Ltd. 2,800 1,309 Financials 35.2% 107,824 Cameco Corp. 2,822 1,595 174,622 Bank of Montreal 12,888 17,745 298,079 Canadian Natural Resources Ltd. 12,002 14,144 237,907 Brookfield Asset Management, Inc., Class A 7,340 12,688 277,824 Cenovus Energy, Inc. 7,196 3,792 121,249 Canadian Imperial Bank of Commerce 11,403 13,866 149,822 Crescent Point Energy Corp. 5,270 1,447 92,487 National Bank of Canada 4,108 5,838 464,631 Enbridge, Inc. 23,892 21,838 99,725 Power Corp. of Canada 3,037 2,936 262,524 Encana Corp. 5,085 4,507 393,054 Royal Bank of Canada 28,490 38,908 82,146 Husky Energy, Inc. 2,615 1,683 165,616 Sun Life Financial, Inc. 6,326 8,749 67,341 Imperial Oil Ltd. 3,322 2,943 329,737 The Bank of Nova Scotia 21,013 24,546 104,778 Inter Pipeline Ltd. 3,242 2,582 503,064 The Toronto-Dominion Bank 25,289 38,278 137,279 Pembina Pipeline Corp. 5,703 6,250 71,779 Thomson Reuters Corp. 2,775 3,808 445,355 Suncor Energy, Inc. 17,946 23,826 122,669 167,362 242,858 TransCanada Corp. 12,570 13,814 Information Technology 3.4% 104,465 99,730 133,110 BlackBerry Ltd. 1,465 1,688 Materials 9.8% 69,708 CGI Group, Inc., Class A 2,598 5,807 63,641 Agnico Eagle Mines Ltd. 2,396 3,836 5,373 Constellation Software, Inc. 3,047 5,478 317,999 Barrick Gold Corp. 7,099 5,492 72,910 Open Text Corp. 3,255 3,374 39,145 CCL Industries, Inc., Class B 2,577 2,523 10,365 16,347 188,019 First Quantum Minerals Ltd. 3,822 3,642 50,713 Franco-Nevada Corp. 3,421 4,866 Telecommunication Services 5.6% 236,893 Goldcorp, Inc. 6,837 4,276 244,771 BCE, Inc. 11,965 13,031 340,692 Kinross Gold Corp. 1,830 1,686 97,641 Rogers Communications, Inc., Class B 4,236 6,097 172,864 Nutrien Ltd. 11,276 12,363 162,326 TELUS Corp. 6,325 7,581 137,278 Teck Resources Ltd. 3,381 4,597 22,526 26,709 120,688 Wheaton Precious Metals Corp. 3,286 3,502 Utilities 1.6% 45,925 46,783 62,866 Emera, Inc. 2,907 2,691 Industrials 9.2% 115,308 Fortis, Inc. 4,127 4,845 572,658 Bombardier, Inc. 1,948 2,978 7,034 7,536 200,807 Canadian National Railway Co. 12,564 21,593 38,929 Canadian Pacific Railway Ltd. 6,668 9,379 SHORT-TERM INVESTMENTS 4.5% 47,803 SNC-Lavalin Group, Inc. 2,402 2,775 8,500,000 Canadian Treasury Bill, 71,826 Waste Connections, Inc. 6,273 7,113 0.09%, Jul 12, 2018 8,496 8,496 11,500,000 Canadian Treasury Bill, 29,855 43,838 0.64%, Aug 09, 2018 11,485 11,485 Consumer Discretionary 5.2% 1,570,000 Merit Trust, 17,011 Canadian Tire Corp., Ltd., Class A 1,716 2,919 0.73%, Jul 03, 2018 1,570 1,570 82,224 Dollarama, Inc. 2,349 4,190 21,551 21,551 58,336 Gildan Activewear, Inc. 1,672 2,160 90,630 Magna International, Inc. 4,482 6,930 EXCHANGE-TRADED FUNDS 0.1% 67,919 Restaurant Brands International, Inc. 3,030 5,386 16,275 iShares S&P/TSX 60 Index ETF 339 395 119,310 Shaw Communications, Inc., Class B 3,074 3,195 Investments 405,830 474,855 16,323 24,780 Transaction costs (15) Consumer Staples 3.6% Total investments 405,815 474,855 117,780 Alimentation Couche-Tard, Inc., Class B 5,859 6,726 12,891 George Weston Ltd. 1,057 1,383 Derivative assets 0.0% 106 52,699 Loblaw Cos., Ltd. 2,487 3,563 Derivative liabilities (0.0%) (98) 65,630 Metro, Inc. 1,493 2,933 Other assets less liabilities 0.2% 783 60,255 Saputo, Inc. 1,712 2,630 Net assets attributable to partners 12,608 17,235 100.0% 475,646

The accompanying notes are an integral part of the financial statements.

281 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II MANULIFE ASSET MANAGEMENT S&P / TSX 60 POOLED FUND II

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to partners Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Equities Canada Energy 21.0 20.6 Materials 9.8 9.6 Industrials 9.2 8.7 Consumer Discretionary 5.2 5.3 Consumer Staples 3.6 3.9 Health Care 0.6 0.5 Financials 35.2 36.7 Information Technology 3.4 2.9 Telecommunication Services 5.6 6.2 Utilities 1.6 1.7 Short-Term Investments 4.5 5.1 Exchange-Traded Funds 0.1 0.1 Derivative assets - 0.1 Other assets less liabilities 0.2 (1.4) 100.0 100.0

FUTURES CONTRACTS 0.0% Commitment Unrealized No. of Contract Futures Delivery Amount Price as at Gain/(Loss) contracts price Contracts month (’000) June 30, 2018 (CAD $) (’000) 53 CAD 953.28 S&P TSX 60 Index Future Sep 20, 2018 CAD 10,211 CAD 963.30 106 Derivative assets 106

TOTAL RETURN SWAPS 0.0% Unrealized Counter- Notional Gain/(Loss) Party Credit Units Reference entity Fixed Rate Maturity ($) (’000) Counterparty Rating 540,000 Manulife Financial Corp. Common Shares* CDOR# +5bps Apr 04, 2019 (98) Bank of Montreal A Derivative liabilities (98) # CDOR - Canadian Deposit Offered Rate

* Manulife Investments, the Manager, is ultimately controlled by Manulife Financial Corporation. Investments in Manulife Financial Corporation an its affiliates and other funds managed by the manager are identified above.

The accompanying notes are an integral part of the financial statements.

282 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE REAL ASSET FUND MANULIFE REAL ASSET FUND

Assets Income Current assets Interest for distribution purposes 51 3 Investments, at fair value 39,620 33,615 Dividend income 38 36 Cash 121 228 Distribution income from underlying funds 418 352 Subscriptions receivable - 20 Foreign exchange gain (loss) on currency 1 1 Receivable from investments sold 298 - Other income 31 1 Realized gain (loss) on sales of investments 38 (68) Receivable from Manager 2 16 Realized gain (loss) on derivatives (35) (129) Interest, dividends and other receivables 5 29 Change in unrealized appreciation (depreciation) Derivative assets 1 153 in the value of investments 783 109 Distribution receivable from underlying funds 195 - Change in unrealized appreciation (depreciation) 40,242 34,061 in the value of derivatives (342) 139 Liabilities 983 444 Current liabilities Expenses Payable on investments purchased 411 195 Audit fees 2 2 Accrued expenses and other liabilities 5 8 Transfer agent fees 1 2 Distribution payable to partners 124 39 Filing fees 2 - Derivative liabilities 200 10 Partner reporting costs 6 2 740 252 Custodial fees 18 22 Foreign withholding taxes 3 2 Net assets attributable to partners 39,502 33,809 Transaction costs 3 1 Net assets attributable to partners per series 35 31 Series I 7,581 7,362 Less operating expenses absorbed by manager (12) - Series M 31,921 26,447 Net operating expenses 23 - 39,502 33,809 Increase (decrease) in net assets Net assets attributable to partners per unit attributable to partners 960 413 Series I 10.25 10.13 Increase (decrease) in net assets attributable to partners per series Series M 10.14 10.02 Series I 188 357 Series M 772 56 960 413 Increase (decrease) in net assets attributable to partners per unit per series Series I 0.26 0.25 Series M 0.26 0.03

Signed on behalf of the Fund Manager for Manulife Real Asset Fund. Bernard Letendre Warren Thomson Director Director

The accompanying notes are an integral part of the financial statements.

283 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE REAL ASSET FUND

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO PARTNERS Series Series For the period ended June 30, 2018 (Unaudited) Fund I M (In thousands except for per unit amounts) $ $ $

Net assets attributable to partners - beginning of period 33,809 7,362 26,447 Increase (decrease) in net assets attributable to partners 960 188 772 Distributions to partners from: Net investment income (513) (100) (413)

Total distributions to partners (513) (100) (413)

Security transactions Proceeds from units issued 16,800 7,400 9,400 Reinvestments of distributions to partners 280 100 180 Redemption of units (11,834) (7,369) (4,465)

Total security transactions 5,246 131 5,115

Net assets attributable to partners - end of period 39,502 7,581 31,921

Changes due to securities transactions (Note 4) Units outstanding beginning of period 726 2,640 Units issued 731 930 Units issued for reinvestment of distributions 10 18 Units redeemed (727) (440)

Units outstanding end of period 740 3,148

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO PARTNERS Series Series For the period ended June 30, 2017 (Unaudited) Fund I M (In thousands except for per unit amounts) $ $ $

Net assets attributable to partners - beginning of period 27,345 15,849 11,496 Increase (decrease) in net assets attributable to partners 413 357 56 Distributions to partners from: Net investment income (362) (140) (222)

Total distributions to partners (362) (140) (222)

Security transactions Proceeds from units issued 10,500 - 10,500 Reinvestments of distributions to partners 299 140 159 Redemption of units (9,000) (9,000) -

Total security transactions 1,799 (8,860) 10,659

Net assets attributable to partners - end of period 29,195 7,206 21,989

Changes due to security transactions (Note 4) Units outstanding beginning of period 1,589 1,164 Units issued - 1,041 Units issued for reinvestment of distributions 14 16 Units redeemed (880) -

Units outstanding end of period 723 2,221

The accompanying notes are an integral part of the financial statements.

284 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE REAL ASSET FUND MANULIFE REAL ASSET FUND

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to MUTUAL FUNDS 76.2% partners 960 413 20,135 Manulife Asset Management Canadian Adjustments for: Bond Index Pooled Fund 224 217 Distributions from underlying funds (418) (352) 739,643 Manulife Canadian Commercial Mortgage Change in unrealized foreign exchange gain Fund, Series X 7,398 7,392 (loss) on currency 1 1 735,169 Manulife Canadian Private Debt Fund, Realized gain (loss) on sales of investments (38) 68 Series X 7,450 7,808 Realized gain (loss) on derivatives 35 129 635,528 Manulife Canadian Property Portfolio, Change in unrealized appreciation (depreciation) Series X 9,481 10,149 in the value of investments (783) (109) 438,653 MCRA Holdings, Inc. 4,485 4,525 Change in unrealized appreciation (depreciation) in the value of derivatives 342 (139) 29,038 30,091 Purchases of investments (9,275) (6,785) EXCHANGE-TRADED FUNDS 15.9% Proceeds from disposition of investments 4,197 5,182 16,725 BMO Equal Weight REITs Index ETF 348 360 Receivable from Manager 14 - 14,714 BMO Floating Rate High Yield ETF 226 224 Interest, dividends and other receivables 24 7 1,518 Energy Select Sector SPDR Fund 136 152 Accrued expenses and other liabilities (3) 5 708 Invesco DB Agriculture Fund 19 17 Net cash provided by (used in) operating 5,041 Invesco DB Commodity Index Tracking Fund 99 117 activities (4,944) (1,580) 11,249 Invesco DB Energy Fund 201 253 6,081 iShares 1-5 year Laddered Government Cash flows from financing activities Bond Index ETF 111 108 Distributions paid to partners, net of reinvested 1,082 iShares Global Infrastructure ETF 60 61 distributions (148) (13) 16,977 iShares S&P/TSX Capped Energy Index ETF 215 223 Proceeds from sale of units 16,820 10,500 15,516 iShares S&P/TSX Capped REIT Index ETF 255 267 Payments for units redeemed (11,834) (9,000) 2,576 iShares U.S. Oil & Gas Exploration & Net cash provided by (used in) financing Production ETF 215 252 activities 4,838 1,487 2,477,145 JP Morgan IIF Canadian 2 LP 2,562 2,744 376 Materials Select Sector SPDR Fund 26 29 Change in unrealized foreign exchange gain 903 SPDR Gold Shares 142 141 (loss) on currency (1) (1) 7,686 SPDR S&P Global Natural Resources ETF 422 506 Net increase (decrease) in cash (106) (94) 1,879 VanEck Vectors Oil Services ETF 67 65 Cash (bank overdraft) beginning of period 228 144 11,773 Vanguard Canadian Short-Term Corporate Cash (bank overdraft) end of period 121 50 Bond Index ETF 286 282 Supplemental information on cash flows from operating activities: 759 Vanguard Global ex-U.S. Real Estate ETF 58 58 Interest received, net of foreign withholding 3,764 Vanguard REIT ETF 395 403 taxes 51 9 5,843 6,262 Dividends received, net of foreign withholding BONDS 7.4% taxes 59 36 United States 7.4% Federal Bonds 7.4% USD 869,186 United States Treasury Inflation Indexed Bonds, 0.13%, Apr 15, 2019 1,180 1,137 USD 1,247,248 United States Treasury Inflation Indexed Bonds, 0.13%, Apr 15, 2021 1,669 1,615 USD 144,213 United States Treasury Inflation Indexed Bonds, 0.13%, Apr 15, 2022 181 186 3,030 2,938 SHORT-TERM INVESTMENTS 0.8% USD 250,000 Merck & Co., Inc., 0.07%, Jul 02, 2018 325 329 Investments 38,236 39,620

The accompanying notes are an integral part of the financial statements.

285 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MANULIFE REAL ASSET FUND MANULIFE REAL ASSET FUND

SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited)

PAR VALUE ($) / NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Transaction costs (2) Total investments 38,234 39,620 Derivative assets 0.0% 1 Derivative liabilities (0.5%) (200) Other assets less liabilities 0.2% 81 Net assets attributable to partners 100.0% 39,502

CONCENTRATION RISK The following table shows a summary of the Fund’s concentration risk.

% of Net assets attributable to partners Portfolio by category June 30, 2018 (Unaudited) December 31, 2017

Mutual Funds 76.2 74.5 Exchange-Traded Funds 15.9 15.7 Bonds United States Federal Bonds 7.4 7.9 Short-Term Investments 0.8 1.3 Derivative assets - 0.4 Derivative liabilities (0.5) - Other assets less liabilities 0.2 0.2 100.0 100.0

FORWARD FOREIGN CURRENCY CONTRACTS (0.5%) Purchased Currency Sold Currency Valueasat Valueasat Unrealized Counter- Settlement June 30, 2018 June 30, 2018 Gain/Loss Party Credit Contract Price Date Currency ($) (’000) Currency ($) (’000) ($) (’000) Counterparty Rating CAD 1.32414 Sep 19, 2018 CAD 175 USD 174 1 State Street Bank and Trust Company AA- Derivative assets 1 CAD 1.29811 Sep 19, 2018 CAD 325 USD 329 (4) Toronto-Dominion Bank AA- CAD 1.29500 Sep 19, 2018 CAD 1,466 USD 1,487 (21) Toronto-Dominion Bank AA- CAD 1.29100 Sep 19, 2018 CAD 2,133 USD 2,171 (38) Royal Bank of Canada AA- CAD 1.28736 Sep 19, 2018 CAD 2,127 USD 2,171 (44) State Street Bank and Trust Company AA- CAD 1.28700 Sep 19, 2018 CAD 2,127 USD 2,171 (44) JP Morgan A- CAD 1.28380 Sep 19, 2018 CAD 2,122 USD 2,171 (49) Canadian Imperial Bank of Commerce A+ Derivative liabilities (200) Total (199)

The accompanying notes are an integral part of the financial statements.

286 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

FONDS MANUVIE - HEC FONDS MANUVIE - HEC

Assets Income Current assets Interest for distribution purposes 15 13 Investments, at fair value 2,712 2,634 Dividend income 27 23 Cash 106 120 Realized gain (loss) on sales of investments 22 (13) Receivable from Manager - 8 Change in unrealized appreciation (depreciation) Interest, dividends and other receivables 9 8 in the value of investments (3) (20) 2,827 2,770 61 3 Liabilities Expenses Audit fees 2 1 Current liabilities Transfer agent fees 1 2 Accrued expenses and other liabilities 5 5 Unitholder reporting costs 2 1 55Custodial fees 2 2 Net assets attributable to unitholders 2,822 2,765 76 Less operating expenses absorbed by manager (3) (4) Net assets attributable to unitholders per unit 10.21 10.01 Net operating expenses 4 2 Increase (decrease) in net assets attributable to unitholders 57 1 Increase (decrease) in net assets attributable to unitholders per unit 0.21 -

STATEMENTS OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the periods ended June 30 (In thousands except for per unit amounts) 2018 2017 (Unaudited)$ (Unaudited)$

Net assets attributable to unitholders - beginning of period 2,765 2,605 Increase (decrease) in net assets attributable to unitholders 57 1 Security Transactions Net assets attributable to unitholders - end of period 2,822 2,606

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period 276 261 Units issued - - Units issued for reinvestment of distributions - - Units redeemed - -

Units outstanding end of period 276 261

Signed on behalf of the Fund Manager for Fonds Manuvie - HEC. Bernard Letendre Warren Thomson Director Director

The accompanying notes are an integral part of the financial statements.

287 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

FONDS MANUVIE - HEC FONDS MANUVIE - HEC

STATEMENTS OF CASH FLOWS SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) For the periods ended June 30 2018 2017 PAR VALUE ($) / (In thousands except for per unit amounts) (Unaudited) $ (Unaudited) $ NO. OF SHARES / NO. OF UNITS / MATURITY VALUE / AVERAGE COST FAIR VALUE Cash flows from operating activities NO. OF CONTRACTS NAME ($) (’000) ($) (’000) Increase (decrease) in net assets attributable to EQUITIES 67.1% unitholders 57 1 Canada 67.1% Adjustments for: Energy 11.3% Realized gain (loss) on sales of investments (22) 13 3,350 Cenovus Energy, Inc. 63 46 Change in unrealized appreciation (depreciation) 1,900 Enbridge, Inc. 106 89 in the value of investments 3 20 2,464 Suncor Energy, Inc. 89 132 Purchases of investments (177) (924) 1,100 Tourmaline Oil Corp. 33 26 Proceeds from disposition of investments 118 847 3,000 Whitecap Resources, Inc. 30 27 Receivable from Manager 8 2 Interest, dividends and other receivables (1) (1) 321 320 Accrued expenses and other liabilities - (1) Materials 9.4% Net cash provided by (used in) operating 2,920 Barrick Gold Corp. 63 50 activities (14) (43) 500 CCL Industries, Inc., Class B 27 32 4,000 Lundin Mining Corp. 30 29 Cash flows from financing activities 200 Methanex Corp. 10 19 Net increase (decrease) in cash (14) (43) 900 Norbid, Inc. 31 49 Cash (bank overdraft) beginning of period 120 75 676 Nutrien Ltd. 44 48 Cash (bank overdraft) end of period 106 32 1,265 Wheaton Precious Metals Corp. 32 37 Supplemental information on cash flows from operating activities: 237 264 Interest received, net of foreign withholding Industrials 8.0% taxes 15 12 1,127 Canadian National Railway Co. 94 121 Dividends received, net of foreign withholding 125 Canadian Pacific Railway Ltd. 24 30 taxes 26 23 1,100 Finning International, Inc. 37 36 700 Toromont Industries Ltd. 24 40 179 227 Consumer Discretionary 5.5% 855 Dollarama, Inc. 26 44 690 Gildan Activewear, Inc. 25 26 581 Magna International, Inc. 32 44 1,542 Quebecor, Inc., Class B 28 41 111 155 Financials 25.3% 1,034 Bank of Montreal 86 105 500 Industrial Alliance Insurance & Financial Services, Inc. 28 25 590 Intact Financial Corp. 54 55 1,720 Royal Bank of Canada 133 170 1,355 Sun Life Financial, Inc. 58 72 1,623 The Bank of Nova Scotia 106 121 2,170 The Toronto-Dominion Bank 122 165 587 713 Information Technology 2.4% 452 CGI Group, Inc., Class A 28 38 660 Open Text Corp. 24 30 52 68 Telecommunication Services 1.8% 940 BCE, Inc. 56 50 Utilities 3.4% 1,650 Boralex, Inc. 41 35

The accompanying notes are an integral part of the financial statements.

288 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

FONDS MANUVIE - HEC FONDS MANUVIE - HEC

SCHEDULE OF INVESTMENT PORTFOLIO SCHEDULE OF INVESTMENT PORTFOLIO As at June 30, 2018 (Unaudited) As at June 30, 2018 (Unaudited)

PAR VALUE ($) / PAR VALUE ($) / NO. OF SHARES / NO. OF SHARES / NO. OF UNITS / NO. OF UNITS / MATURITY VALUE / MATURITY VALUE / NO. OF AVERAGE COST FAIR VALUE NO. OF AVERAGE COST FAIR VALUE CONTRACTS NAME ($) (’000) ($) (’000) CONTRACTS NAME ($) (’000) ($) (’000) 300 Fortis, Inc. 13 12 Transaction costs - 2,000 Northland Power, Inc. 46 49 Total investments 2,488 2,712 100 96 Other assets less liabilities 3.9% 110 BONDS 29.0% Net assets attributable to unitholders Canada 29.0% 100.0% 2,822 Corporate Bonds 11.5% 40,000 Alimentation Couche-Tard, Inc., CONCENTRATION RISK 3.90%, Nov 01, 2022 43 41 The following table shows a summary of the Fund’s concentration risk. 60,000 Bank of Montreal, 2.12%, Mar 16, 2022 61 59 % of Net assets attributable to 20,000 Bell Canada, Inc., unitholders 4.35%, Dec 18, 2045 20 20 Portfolio by category June 30, 2018 (Unaudited) December 31, 2017 30,000 Canadian National Railway Co., Equities 2.80%, Sep 22, 2025 31 30 Canada 45,000 Hydro-Québec, Energy 11.3 11.2 5.00%, Feb 15, 2050 63 64 Materials 9.4 8.6 30,000 Power Financial Corp., Industrials 8.0 6.6 Consumer Discretionary 5.5 6.5 6.90%, Mar 11, 2033 41 40 Financials 25.3 26.6 30,000 Sun Life Capital Trust, Information Technology 2.4 2.2 7.09%, Jun 30, 2052 37 40 Telecommunication Services 1.8 2.1 30,000 TransCanada PipeLines Ltd., Utilities 3.4 1.5 3.30%, Jul 17, 2025 32 30 Bonds 328 324 Canada Corporate Bonds 11.5 13.8 Federal Bonds 8.9% Federal Bonds 8.9 7.2 85,000 Canadian Government Bond, Provincial Bonds 8.6 8.9 3.25%, Jun 01, 2021 90 88 Other assets less liabilities 3.9 4.8 45,000 Canadian Government Bond, 100.0 100.0 2.75%, Jun 01, 2022 47 46 50,000 Canadian Government Bond, 3.50%, Dec 01, 2045 69 63 55,000 PSP Capital, Inc., 3.03%, Oct 22, 2020 59 56 265 253 Provincial Bonds 8.6% 60,000 Province of British Columbia, 3.25%, Dec 18, 2021 65 62 35,000 Province of British Columbia, 2.85%, Jun 18, 2025 37 36 40,000 Province of Ontario, 4.20%, Jun 02, 2020 43 42 40,000 Province of Quebec, 4.50%, Dec 01, 2020 44 42 60,000 Province of Quebec, 2.75%, Sep 01, 2025 63 60 252 242 Investments 2,488 2,712

The accompanying notes are an integral part of the financial statements.

289 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MCRA HOLDINGS INC. MCRA HOLDINGS INC.

Assets Income Current assets Foreign exchange gain (loss) on currency 6 Investments, at fair value 4,537 Realized gain (loss) on derivatives 3 Cash 1 Change in unrealized appreciation (depreciation) in the value of investments 45 4,538 54 Liabilities Expenses Current liabilities Audit fees 2 Accrued expenses and other liabilities 13 Transfer agent fees 2 13 Unitholder reporting costs 1 Custodial fees 9 Net assets attributable to unitholders 4,525 14 Net assets attributable to unitholders per unit 10.32 Increase (decrease) in net assets attributable to unitholders 40 Increase (decrease) in net assets attributable to unitholders per unit 0.19

STATEMENT OF CHANGES IN NET ASSETS ATTRIBUTABLE TO UNITHOLDERS

For the period ended June 30 (In thousands except for per unit amounts) 2018 (Unaudited)$

Net assets attributable to unitholders - beginning of period - Increase (decrease) in net assets attributable to unitholders 40 Security Transactions Proceeds from units issued 4,485

Total security transactions 4,485

Net assets attributable to unitholders - end of period 4,525

Changes due to unitholder transactions(Note 4) Units outstanding beginning of period - Units issued 439 Units issued for reinvestment of distributions - Units redeemed -

Units outstanding end of period 439

Signed on behalf of the Fund Manager for MCRA Holdings Inc.. Bernard Letendre Warren Thomson Director Director

The accompanying notes are an integral part of the financial statements.

290 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

MCRA HOLDINGS INC. MCRA HOLDINGS INC.

The accompanying notes are an integral part of the financial statements.

291 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) 1. THE FUNDS

The Manulife Asset Management Pooled Funds (the “Fund” or collectively the “Funds”), except for Manulife Asset Management S&P/TSX 60 Pooled Fund II and the Manulife Real Asset Fund, are open-ended pooled investment trusts and governed by the laws of Ontario and formed by Declaration of Trust on the dates as noted below. Manulife Asset Management S&P/TSX 60 Pooled Fund II and the Manulife Real Asset Fund are each an open-ended limited partnership and were formed under the laws of Ontario by Limited Partnership Agreement on the date as noted below. Manulife Asset Management (“MAML”) is the trustee and manager of the Funds, except for Manulife Asset Management S&P/TSX 60 Pooled Fund II and the Manulife Real Asset Fund. MAML is the general partner and manager of Manulife Asset Management S&P/TSX 60 Pooled Fund II and the Manulife Real Asset Fund. Manulife Financial Corporation (“MFC”) is the ultimate parent company of MAML. The investment objective of each Fund is to combine and manage money contributed by unitholders or limited partners, as applicable, (altogether the unitholders) with similar investment goals. The Funds may invest in equities, fixed income securities, derivatives, underlying funds or some combination thereof according to their investment objectives and strategies. Investments may be held for income or capital appreciation or both. Unitholders share the Fund’s income, expenses, and any gains or lossesafundmakesonits investments generally in proportion to the value of the securities they own. The Funds may earn interest, or other amounts taxed as ordinary income (including income from securities lending activities), dividends, capital gains or a combination of these on their investments. The address of the Funds’ registered office is 200 Bloor Street East, Toronto, Ontario. The financial statements of each of the Funds were authorized for issue by the Board of Directors of the Manager on behalf of the Funds on August 20, 2018.

The inception dates of each of the Funds are as follows:

Date of Date of Fund Inception Fund Inception

Manulife Asset Management Money Market Pooled Fund December 31, 1997 Manulife Asset Management Emerging Markets Corporate Debt Manulife Asset Management Canadian Bond Index Pooled Fund March 31, 1999 Pooled Fund December 15, 2014 Manulife Asset Management Canadian Core Fixed Income Manulife Asset Management Emerging Markets Local Currency Pooled Fund October 31, 2007 Debt Pooled Fund November 30, 2015 Manulife Asset Management Canadian Long Duration Fixed Manulife Asset Management Global Diversified Balanced Pooled Income Pooled Fund October 30, 2007 Fund June 4, 2008 Manulife Asset Management Canadian Core Plus Fixed Income Manulife Asset Management Canadian Large Cap Growth Pooled Fund June 1, 2005 Pooled Fund August 22, 2006 Manulife Asset Management Canadian Corporate Fixed Income Manulife Asset Management Canadian Equity Index Pooled Pooled Fund April 25, 2018 Fund December 31, 1997 Manulife Asset Management Canadian Short Duration Fixed Manulife Asset Management Canadian Core Equity Pooled Fund December 19, 2011 Income Pooled Fund March 7, 2013 Manulife Asset Management Capped Canadian Equity Pooled Manulife Asset Management Short-Term Bond Pooled Fund June 27, 2012 Fund May 30, 2007 Manulife Asset Management Short-Term Liability Government Manulife Asset Management Canadian Value Equity Pooled Bond Pooled Fund January 15, 2013 Fund May 30, 2007 Manulife Asset Management Short-Term Liability Corporate Manulife Asset Management Canadian All Cap Focused Equity Bond Pooled Fund June 15, 2015 Pooled Fund February 28, 2017 Manulife Asset Management Mid-Term Liability Government Manulife Asset Management US Large Cap Core Pooled Fund December 31, 1997 Bond Pooled Fund January 15, 2013 Manulife Asset Management US Equity Index Pooled Fund December 31, 1997 Manulife Asset Management Mid-Term Liability Corporate Bond Manulife Asset Management US Equity Index Pooled Fund Pooled Fund June 15, 2015 (Non-Taxable) July 10, 2009 Manulife Asset Management Long-Term Liability Government Manulife Asset Management Focused US Large Cap Growth Bond Pooled Fund January 15, 2013 Pooled Fund November 7, 2012 Manulife Asset Management Leveraged Liability Government Manulife Asset Management US Small Cap Value Pooled Fund March 7, 2013 Bond Pooled Fund March 1, 2018 Manulife Asset Management Emerging Markets Equity Pooled Manulife Asset Management Ultra Long Duration Fixed Income Fund April 25, 2011 Pooled Fund March 20, 2012 Manulife Asset Management Global Focus Pooled Fund March 7, 2013 Manulife Asset Management Strategic Income Pooled Fund February 14, 2011 Manulife Asset Management Global Equity II Pooled Fund March 7, 2013 Manulife Asset Management Strategic Income (ex Tobacco and Manulife Asset Management Global Equity Index Pooled Fund March 7, 2013 Marijuana) Pooled Fund November 10, 2017 Manulife Asset Management Global Natural Resources Pooled Fund August 11, 2014

292 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Date of Date of Fund Inception Fund Inception

Manulife Asset Management Global Energy Pooled Fund August 11, 2014 Manulife Asset Management Target De-Risking 105 Average Manulife Asset Management Global Precious Metals Pooled Pooled Fund April 3, 2012 Fund August 11, 2014 Manulife Asset Management Target De-Risking 105 Mature Manulife Asset Management Global Small Cap Equity Pooled Pooled Fund April 3, 2012 Fund September 17, 2014 Manulife Asset Management Global Opportunistic Allocation Manulife Asset Management International Equity Pooled Fund April 25, 2005 Pooled Fund November 7, 2012 Manulife Asset Management International Equity II Pooled Fund May 30, 2007 Manulife Asset Management Global Absolute Return Strategies Manulife Asset Management International Equity Index Pooled Pooled Fund May 30, 2007 Fund February 14, 2011 Manulife Asset Management Global Absolute Return Strategies Manulife Asset Management International Small Cap Pooled Private Pooled Fund May 25, 2011 Fund December 20, 2012 Manulife Asset Management Multi Asset Absolute Return Manulife Asset Management Target De-Risking 80 Pooled Fund April 3, 2012 Solution April 11, 2016 Manulife Asset Management Target De-Risking 90 Pooled Fund April 3, 2012 Manulife Asset Management S&P / TSX 60 Pooled Fund II February 27, 2014 Manulife Asset Management Target De-Risking 100 Pooled Manulife Real Asset Fund (formerly known as Manulife Asset Fund April 3, 2012 Management Canadian Real Asset Solution) November 16, 2015 Manulife Asset Management Target De-Risking 105 Young Fonds Manuvie - HEC April 22, 2016 Pooled Fund April 3, 2012 MCRA Holdings Inc. January 9, 2018

The Statements of Financial Position of the Funds are as at June 30, 2018 and December 31, 2017. The Statements of Comprehensive Income, Statements of Changes in Net Assets Attributable to Unitholders (except for Manulife Asset Management S&P/TSX 60 Pooled Fund II and the Manulife Real Asset Fund which presents Changes in Net Assets Attributable to Partners) and Statements of Cash Flows are for the periods ended June 30, 2018 and 2017, except for Funds established during either period, in which case the information provided relates to the periods from the prospectus date to June 30, 2018 or 2017, as applicable. The Schedule of Investment Portfolio is as at June 30, 2018.

Series Structure

The following is a list of the series offered to different types of investors for the Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund and the Manulife Real Asset, provided they meet the requirements applicable for each Series:

Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund • Series A units are available to institutional taxable accredited investors. • Series B units are available to high net worth accredited investors.

Manulife Real Asset Fund • Series I units are available to qualified institutional investors. • Series M units are available to Manulife Private Wealth investors. The other Funds are available to institutional accredited investors only and some of the funds are only available to tax-exempt entities.

2. SIGNIFICANT ACCOUNTING POLICIES

These financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) applicable to the preparation of interim financial statements, including International Accounting Standard (IAS) 34, Interim Financial Reporting. The significant accounting policies set out below have been consistently applied within these financial statements.

a) Critical Accounting Estimates and Judgments

The preparation of the Funds’ financial statements requires management to make judgments, estimates and assumptions that affect the reported amounts recognized in the financial statements and disclosure of contingent liabilities. However, uncertainty about these assumptions and estimates could result in outcomes that could require a material adjustment to the carrying amount of the asset or liability affected in future periods. The following is a discussion of the most significant accounting judgments and estimates made in preparing the financial statements:

Estimates

The key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date, which have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year, are discussed below. The Funds based the assumptions and estimates on parameters available when the financial statements were prepared. However, existing circumstances and assumptions about future developments may change due to market changes or circumstances arising beyond the control of the Funds. Such changes are reflected in the assumptions when they occur.

293 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) Management believes that the estimates utilized in preparing the financial statements are reasonable and prudent. Actual results could differ from these estimates and the difference could be material.

Fair value measurement of derivatives and securities not quoted in an active market

When the fair values of financial assets and financial liabilities recorded in the Statements of Financial Position cannot be derived from active markets, their fair value is determined using a variety of valuation techniques that include the use of reputable pricing sources, indicative prices from market makers or valuation models. The inputs to valuation models are taken from observable markets where possible, but where this is not feasible, estimation is required in establishing fair values. The estimates include consideration of liquidity and model inputs related to items such as credit risk (both own and counterparty’s), correlation and volatility. Changes in assumptions about these factors could affect the reported fair value of financial instruments in the Statements of Financial Position and the level at which the instruments are disclosed in the fair value hierarchy.

Judgments

Classification and measurement of investments and application of fair value option

In classifying and measuring financial instruments held by the Fund, the Manager is required to make significant judgments about whether or not the business of the Fund is to invest on a total return basis for the purpose of applying the fair value option for financial assets under IFRS 9, Financial Instruments: Recognition and Measurement (IFRS 9). In classifying and measuring financial instruments held by the Funds, the Manager is required to make significant judgments in determining the most appropriate classification in accordance with IFRS 9. The Manager has assessed the Funds’ business model, the manner in which all financial assets and financial liabilities are managed and performance evaluated as a group on a fair value basis, and concluded that FVTPL provides the most appropriate measurement and presentation of the Funds’ financial assets and financial liabilities. Accordingly, all financial assets and liabilities are measured through FVTPL.

Upon transition from IAS 39 to IFRS 9, all financial instruments’ classification remains unchanged under IFRS 9, except derivatives which were classified as held-for-trading under IAS 39, which are now classified as FVTPL under IFRS 9. There is no impact on measurement for all financial instruments.

Determination of functional currency

Certain Funds earn investment returns in CAD and foreign currencies based on the investments held. Expenses are incurred by these Funds in CAD. Because these Funds do not earn returns solely in CAD, the primary indicators of functional currency are viewed to be mixed and secondary indicators have been considered. These Funds’ subscriptions and redemptions of the redeemable units are denominated in CAD and the performance is measured and reported to the unitholders in CAD. The Manager considers the CAD as the currency that most faithfully represents the economic effects of the underlying transactions, events and conditions. The financial statements for these Funds are therefore presented in CAD which is the functional and presentation currency.

b) Financial Instruments

Recognition and derecognition

All financial instruments are recognized at fair value on the trade date of the transaction and may be held at fair value or amortized cost depending on the Fund’s intention toward the assets and the nature of the assets and liabilities.

A financial asset is derecognized when the right to receive cash flows from the assets has expired or the Fund has substantially transferred all risks and rewards of ownership. A financial liability is derecognized when the obligation under the liability is discharged, cancelled or expired.

Classification

The Funds classify and measure all financial assets and liabilities at fair value through profit or loss (“FVTPL”). The Funds’ obligation for net assets attributable to unitholders is classified as a financial liability and is presented at the redemption amount. All other financial assets and liabilities are measured at amortized cost which approximates fair value due to their short-term nature. Under this method, financial assets and liabilities reflect the amount required to be received or paid, discounted, when appropriate, at the contract’s effective interest rate. As at all dates presented, there were no differences between each of the Fund’s net asset value per unit (NAVPU) used for processing unitholder transactions and the Fund’s net assets attributable to unitholders per unit (“NAPU”) for financial reporting purposes.

Measurement

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. Bonds, debentures, asset backed securities, notes and short-term instruments are valued at the average of Bid price and Ask price provided by fixed income pricing vendors. All exchange traded equities, options and derivatives are valued at the last quoted trade price at the close of trading on the reporting date where the last traded price falls within that day’s bid-ask spread. In circumstances where the last traded price is not within the bid-ask spread, the Manager determines the point within the bid-ask spread that is the most representative of fair value based on the specific facts and circumstances. The Funds’ policy is to recognize transfers into and out of the fair value hierarchy levels as of the date of the event or change in circumstances giving rise to the transfer. The Manager may make use of a fair value pricing policy which applies a fair value factor adjustment to quoted or published prices of non-North American securities for significant events occurring between the earlier close of non-North American markets and the time at which net asset value (NAV) is determined. Hence, the final fair value of securities used may differ from the actual closing traded market price of the securities on their primary exchange. Investments in underlying funds are valued at their NAV calculated by the manager of the underlying fund in accordance with the constating documents of the underlying fund. If the NAV is unavailable, underlying funds are valued using the last published NAV or at the fair value as determined by the Manager utilizing observable market inputs, whichever is deemed to be the best representation of fair value of the underlying funds.

294 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The fair value of financial assets and liabilities that are not traded in an active market, including over-the-counter derivatives, is determined using recognized valuation techniques. The Manager uses a variety of methods and makes assumptions that are based on market conditions existing at each reporting date. Valuation techniques include the use of comparable recent arm’s length transactions, comparable similar other instruments, discounted cash flow analysis, options pricing models and others commonly used by market participants making maximum use of observable inputs. Over-the-counter derivatives (such as forward foreign currency contracts) are valued based on the difference between the contract forward rate and the rate prevailing on a reporting date.

c) Offsetting

Financial assets and liabilities are not offset unless there is a legally enforceable right to offset the recognized amounts and there is an intention to settle on a net basis, or to realize the asset and settle the liability simultaneously. The Funds may enter into various master netting agreements or similar agreements that do not meet the criteria for offsetting in the Statements of Financial Position but still allow for the related amounts to be set off in certain circumstances, such as bankruptcy or termination of the contracts.

d) Investments in subsidiaries, associates and interests in unconsolidated structured entities

A structured entity is an entity that has been designed so that voting or similar rights are not the dominant factor in deciding who controls the entity, such as when any voting rights relate to administrative tasks only and the relevant activities are directed by means of contractual arrangements. Subsidiaries are all entities, including investments in other investment entities, over which the Fund has control. The Fund controls an entity when it is exposed to, or has rights to, variable returns from its involvement with the entity and has the ability to affect those returns through its power over the entity. The Funds have determined that they are each an “investment entity” as defined by IFRS 10, Consolidated Financial Statements and as such, they account for subsidiaries at fair value. Disclosures with respect to the Funds’ interest in structured entities are included in Note 9, as applicable.

e) Impairment of financial assets at amortized cost

At each reporting date, the Manager assesses whether there is objective evidence that a financial asset at amortized cost is impaired. If such evidence exists, the Fund recognizes an impairment loss as the difference between the amortized cost of the financial asset and the present value of the estimated future cash flows, discounted using the instrument’s original effective interest rate. Impairment loss on financial assets at amortized cost are reversed in subsequent periods if the amount of the loss decreases and the decrease can be related objectively to an event occurring after the impairment was recognized.

f) Cash

Cash represents cash at bank and is carried at amortized cost, which approximates its fair value. Cash is held with the Funds’ custodian, a Canadian financial institution.

g) Investment transactions

Investment transactions are recorded on a trade date basis. Realized gain or loss on sales of investments and change in unrealized appreciation (depreciation) in the value of investments are determined on an average cost basis.

h) Transaction costs

Transaction costs are incremental costs that are directly attributable to the acquisition or disposal of an investment, which include fees and commissions paid to brokers and dealers, levies by regulatory agencies and securities exchanges, and transfer taxes and duties. Transaction costs incurred in the purchase and sale of securities are recognized immediately as expenses for financial reporting purposes, and are included in the Statements of Comprehensive Income.

i) Income recognition

Income from investments is recognized on an accrual basis. Interest for distribution purposes shown on the Statements of Comprehensive Income represents the coupon interest received by the Fund accounted foronanaccrual basis. The Fund does not amortize premiums paid or discounts received on the purchase of fixed income securities except for zero coupon bonds which are amortized on a straight-line basis. Dividend income is recognized on the ex-dividend date. Distributions from the underlying funds can include dividends, interest and capital gains, the proceeds of which are used to purchase additional units in the underlying funds. Distributions are recognized at the date of the distribution by the underlying funds and shown separately as Distribution income from underlying funds on the Statements of Comprehensive Income.

j) Foreign exchange translations

The Funds’ functional and presentation currency is Canadian dollars (CAD). Foreign currency transactions and balances are translated into the functional currency on the following basis: i) Fair value of investments and other assets and liabilities are translated to functional currency at the rate of change in effect on the applicable valuation date, as quoted by a recognized source. ii) Purchases and sales of investments, income and expenses are translated to functional currency at the rate of exchange prevailing on the respective dates of such transactions. iii) Realized and unrealized foreign currency gains (losses) on investments are included in realized gain (loss) on sales of investments and change in unrealized appreciation (depreciation) in the value of investments, respectively in the Statements of Comprehensive Income. iv) Realized foreign currency gains (losses) on income are included in foreign exchange gain (loss) on income in the Statements of Comprehensive Income.

295 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) v) Realized and unrealized foreign currency gains or losses on cash held in a foreign currency are included in the foreign exchange gain (loss) on currencyinthe Statements of Comprehensive Income.

k) Futures contracts

Certain Funds may enter into standard exchange-traded futures contracts to gain broad exposure to stock markets and to hedge foreign currency fluctuations, with the benefits of low transaction costs and high liquidity, provided their use is consistent with the Funds’ investment objectives and strategies as permitted by applicable securities legislation. Upon entering into a futures contract, a Fund is required to deposit, either in cash or securities, an amount equal to a certain percentage of the purchase price indicated in the futures contract. The fair value of a futures contract fluctuates daily, and cash settlements are made daily by the Fund equal to the unrealized appreciation or depreciation on a “mark to market” basis. The unrealized appreciation (depreciation) is recorded and is accounted for as change in net unrealized appreciation (depreciation) in the value of derivatives in the Statements of Comprehensive Income. Upon the expiration or closing of the futures contract, realized gains or losses are recognized, and are recorded as realized gain (loss) on derivatives in the Statements of Comprehensive Income. Margin paid or deposited in respect of futures contracts is reflected in the Statements of Financial Position, as margin payable for derivatives and margin deposited on derivatives. Any change in the variation margin requirement is settled daily.

l) Forward foreign currency contracts

Certain Funds may enter into forward foreign currency contracts in a manner consistent with the investment objective and strategy of each Fund and as permitted by applicable securities legislation. Foreign currency exchange spot contracts and forward foreign currency exchange contracts are valued based primarily on the difference between the contract rate and the forward market rate. Realized and unrealized gains (losses) on forward foreign currency contracts are recorded in realized gain (loss) on derivatives and in the change in unrealized appreciation (depreciation) in the value of derivatives in the Statements of Comprehensive Income. Credit ratings on counterparties are based on the ratings from Standard & Poor’s.

m) Options

Certain Funds may purchase or write options in a manner consistent with the investment objective and strategy of each Fund and as permitted by applicable securities legislation. The premiums paid for purchasing options are recorded as an asset on the Statements of Financial Position. Premiums received from writing options are recorded as a liability on the Statements of Financial Position.

When a purchased option expires, the Fund will realize a loss equal to the premium paid. When a purchased option is closed, the Fund will realize a gain or loss equal to the difference between the proceeds and the premium paid. When a purchased option is exercised, the premium paid at the time of purchase of the option is added to the adjusted cost base of the underlying security.

When a written option expires, the Fund will realize a gain equal to the premium received. When it is closed, the Fund will realize a gain or loss equal to the difference between the proceeds and the premium received. When a written call option is exercised, the premium received is added to the proceeds of disposition of the underlying security to determine the realized gain (loss). When a written put option is exercised, the premium received will reduce the cost of the investment of the security purchased upon exercise of the option.

Realized and unrealized gain (loss) on option contracts are recorded as realized gain (loss) on derivatives and change in unrealized appreciation (depreciation) in the value of derivatives, respectively in the Statements of Comprehensive Income.

n) Total return swaps

Certain Funds may enter into total return swap (“TRS”) agreements with counterparties that provide investors with exposure to the performance of the common shares of MFC. Should the value of MFC shares purchased by the counterparties suffer a reduction in value, the Funds will realize a loss as though MFC shares were directly held by the Funds and the Funds will be required to pay to the counterparties the difference between the depreciated value of the MFC shares and their cost together with a financing charge. Should the value of the MFC shares appreciate in value, the counterparties will pay to the Funds the difference between the appreciated value of the MFC shares and their cost, net of a financing charge. The TRSs of the Funds are fair valued daily based upon the terms of the TRS agreements. The realized and unrealized gain (loss) on the TRSs are recognized as realized gain (loss) on derivatives and change in unrealized appreciation (depreciation) in the value of derivatives, respectively in the Statements of Comprehensive Income.

o) Securities lending and repurchase transactions

The Funds may lend portfolio securities from time to time in order to earn additional income. The loaned securities of any Fund will not exceed 50% of the fair value of the assets of the Fund at any time. The minimum allowable collateral is 102% of the fair value of the loaned securities. The fair value of the loaned securities is determined at the close of any valuation date. The securities on loan and the securities sold in repurchase transactions continue to be disclosed in the Schedule of Investment Portfolio and in the Statements of Financial Positions of the Fund. Any cash collateral received or cash collateral payable is included in the Statements of Financial Position in “Cash collateral received for securities on loan” and “Payable for cash collateral under securities lending”, if applicable. For those Funds engaged in securities lending, the amount of securities loaned and the value of collateral received is disclosed in note 10, where applicable. Income earned from securities lending is included in income from securities lending in the Statements of Comprehensive Income. A reconciliation of gross and net securities lending income has been included in note 10, where applicable. In a repurchase transaction, a Fund sells a security to a third party and agrees to buy the same security back from the third party at a predetermined price and date. Earned income from the use of the cash received as part of the repurchase transactions is included in the Statements of Comprehensive Income. A liability representing the obligation to repurchase the sold securities is recognized in payable secured by securities in the Statements of Financial Position. A detailed summary of the sold securities, including the fair value is presented in the Schedule of Investment Portfolio.

296 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) p) Increase (decrease) in net assets attributable to unitholders per unit

Increase (decrease) in net assets attributable to unitholders and partners per unit in the Statements of Comprehensive Income represents the increase (decrease) in net assets attributable to unitholders and partners of each unit for the period, divided by the weighted average number of units outstanding of that unit during the period.

q) Foreign withholding tax

The Funds may incur withholding taxes imposed by certain countries on investment income and capital gains. Such income and gains are recorded on a gross basis and the related withholding taxes are shown as a separate expense in the Statements of Comprehensive Income.

r) Currency legend

The following is a list of abbreviations used in these financial statements:

Currency Abbreviations AUD - Australian Dollar HUF - Hungary Forint PLN - Polish Zloty BRL - Brazilian Real IDR - Indonesian Rupiah RON - Romanian Leu CAD - Canadian Dollar ILS - Israeli Shekel RUB - Russian Ruble CHF - Swiss Franc INR - Indian Rupee SEK - Swedish Krona CNH - Yuan Renminbe JPY - Japanese Yen SGD - Singapore Dollar CNY - Chinese Renminbi KRW - South Korean Won THB - Thailand Baht COP - Colombian Peso MXN - Mexican Peso TRY-TurkishLira CZK - Czech Krona MYR - Malaysian Ringgit TWD - New Taiwan Dollar DKK - Danish Krone NOK - Norwegian Krone USD - United States Dollar EUR - Euro NZD - New Zealand Dollar UYU - Uruguayan Peso GBP - British Pound PEN - Peruvian Sol ZAR - South African Rand HKD - Hong Kong Dollar PHP - Philippine Peso

s) New IFRS standards issued but not yet effective

There are no standards, interpretations or amendments to existing standards that are not yet effective that would be expected to have significant impact on the Funds.

3. FINANCIAL INSTRUMENT RISKS

Management of Financial Instrument Risks

The Funds may be exposed to a variety of financial risks: credit risk, liquidity risk and market risk (including interest rate risk, currency risk, concentration risk and other market risk). The Funds’ overall risk management program seeks to maximize the returns derived for the level of risk to which a Fund is exposed, and seeks to minimize potential adverse effects on the Fund’s financial performance. The value of investments within the Funds’ holdings can fluctuate on a daily basis as a result of changes in interest rates, economic conditions and market and company news related to specific securities within the Funds. The Funds’ risk management practice includes the monitoring of compliance to investment policy and guidelines. The Manager manages the potential effects of these financial risks on the Funds’ performance by employing and overseeing professional and experienced portfolio advisors that regularly monitor the Funds’ positions, market events and diversify investment portfolios within the constraints of the investment guidelines. MAML maintains a risk management practice that includes monthly and quarterly monitoring of the returns based risk profile of the Funds. MAML also monitors compliance with investment restrictions to ensure that each Fund is being managed in accordance with their stated investment objectives, strategies and securities regulations. Some Funds specialize in a particular industry, or in a single country or geographic region of the world. These Funds may therefore be more volatile than more broadly diversified Funds. The overall risk management program of such Funds seeks to minimize the potentially adverse effect of risk on each Fund’s financial performance in a manner consistent with its investment objective. The Manager is the portfolio advisor for Manulife Asset Management Global Diversified Balanced Pooled Fund, Manulife Asset Management Target De-Risking 80 Pooled Fund, Manulife Asset Management Target De-Risking 90 Pooled Fund, Manulife Asset Management Target De-Risking 100 Pooled Fund, Manulife Asset Management Target De-Risking 105 Young Pooled Fund, Manulife Asset Management Target De-Risking 105 Average Pooled Fund and Manulife Asset Management Target De-Risking 105 Mature Pooled Fund and provides analysis and makes the decisions as to which underlying funds the Fund will invest in and the target weighting of the Fund’s portfolio assets. The management team evaluates a broad range of market and economic variables along with fundamental research to arrive at the appropriate asset allocation. As market conditions change, the asset mix is gradually changed in an effort to maximize returns and minimize risk.

Financial instruments risks

a) Credit Risk

Credit risk is the risk that the issuer of a debt security or counterparty to a financial instrument will fail to pay the interest or to repay the principal or discharge an obligation or commitment that it has entered into with the Fund. The carrying value of investments as presented in the Schedule of Investment Portfolio represents the maximum credit risk exposure as at June 30, 2018. This also applies to other assets, as they have short terms to settlement.

297 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The Funds may also engage in securities lending transactions. The credit risk related to securities lending transactions is limited by the fact that the value of cash or securities held as collateral by each Fund in connection with these transactions is at least 102% of the fair value of the securities loaned. The collateral and loaned securities are marked to market on each business day. For those Funds engaged in securities lending, the amounts for securities loaned and the value of collateral received is shown in note 10, where applicable. The following table shows debt and derivatives as a percentage of net assets attributable to unitholders held under each credit rating.

Credit ratings (%) of net assets attributable to unitholders as at June 30, 2018 and December 31, 2017 AAA/Aaa/ AA/Aa/ BBB/Baa/ BB/Ba/ CCC/Caa/ C/Bonds AAA/R-1 AA/R-1L A/A/A BBB BB B/B/B CCC Lower than B N/R Total

Manulife Asset Management Money Market Pooled Fund 2018 50.4 22.0 22.1 - - - - - 2.4 96.9 2017 53.1 17.7 29.1 ------99.9 Manulife Asset Management Canadian Bond Index Pooled Fund 2018 37.9 16.4 33.4 11.9 - - - - - 99.6 2017 40.4 16.2 32.3 10.7 - - - - - 99.6 Manulife Asset Management Canadian Core Fixed Income Pooled Fund 2018 24.9 20.3 37.7 16.2 - - - - 0.1 99.2 2017 22.5 22.8 38.0 15.4 - - - - - 98.7 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 2018 22.4 22.1 43.6 11.3 - - - - - 99.4 2017 20.2 22.9 44.1 10.8 - - - - - 98.0 Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund 2018 22.2 14.9 22.0 14.2 9.6 14.0 2.6 0.1 1.3 100.9 2017 25.0 16.1 23.7 13.0 8.0 10.4 1.4 - 1.0 98.6 Manulife Asset Management Canadian Corporate Fixed Income Pooled Fund 2018 2.1 8.7 36.6 53.9 - - - - - 101.3 Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund 2018 29.4 12.7 27.5 29.5 0.1 - - - - 99.2 2017 23.9 19.1 31.3 24.9 0.1 - - - - 99.3 Manulife Asset Management Short-Term Bond Pooled Fund 2018 25.0 12.6 34.0 26.7 - - - - - 98.3 2017 22.2 17.5 28.8 30.1 - - - - - 98.6 Manulife Asset Management Short-Term Liability Government Bond Pooled Fund 2018 7.7 32.7 59.0 ------99.4 2017 8.1 32.7 58.4 ------99.2 Manulife Asset Management Short-Term Liability Corporate Bond Pooled Fund 2018 3.3 11.8 40.2 43.8 - - - - - 99.1 2017 3.5 8.6 45.6 41.1 - - - - - 98.8 Manulife Asset Management Mid-Term Liability Government Bond Pooled Fund 2018 10.5 37.6 51.4 ------99.5 2017 10.5 37.6 51.4 ------99.5 Manulife Asset Management Mid-Term Liability Corporate Bond Pooled Fund 2018 0.3 4.5 52.7 41.5 - - - - - 99.0 2017 0.3 1.6 58.7 38.2 - - - - - 98.8 Manulife Asset Management Long-Term Liability Government Bond Pooled Fund 2018 11.1 35.8 52.8 ------99.7 2017 10.9 33.4 55.3 ------99.6 Manulife Asset Management Leveraged Liability Government Bond Pooled Fund 2018 29.3 106.4 150.8 ------286.5 Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund 2018 11.2 31.1 51.8 5.1 - - - - - 99.2 2017 11.5 32.1 51.6 4.6 - - - - - 99.8 Manulife Asset Management Strategic Income Pooled Fund 2018 12.3 6.3 10.2 27.7 21.1 8.7 0.1 - 5.6 92.0 2017 13.9 7.6 9.3 26.6 18.9 7.5 - - 4.3 88.1

298 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund 2018 14.0 5.0 10.4 29.2 21.1 8.7 0.1 - 5.2 93.7 2017 16.9 7.2 9.1 26.7 19.1 7.5 - - 4.1 90.6 Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund 2018 - - 4.4 27.8 31.4 14.2 0.6 - 1.5 79.9 2017 - - 4.0 39.0 32.2 16.0 1.0 - 5.1 97.3 Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund 2018 - - 23.5 32.7 24.3 4.4 - - 11.0 95.9 2017 - - 22.5 32.0 24.7 5.2 - - 12.6 97.0 Manulife Asset Management Global Diversified Balanced Pooled Fund 2018 5.9 ------3.5 9.4 2017 - 0.3 ------0.3 Manulife Asset Management Canadian Large Cap Growth Pooled Fund 2018 2.7 ------2.7 2017 1.6 ------1.6 Manulife Asset Management Canadian Equity Index Pooled Fund 2018 1.0 ------1.0 2017 2.1 ------2.1 Manulife Asset Management Canadian Core Equity Pooled Fund 2018 1.8 ------1.8 2017 1.4 ------1.4 Manulife Asset Management Capped Canadian Equity Pooled Fund 2018 2.4 ------2.4 2017 0.9 ------0.9 Manulife Asset Management Canadian Value Equity Pooled Fund 2018 5.0 ------5.0 2017 9.0 ------9.0 Manulife Asset Management US Equity Index Pooled Fund 2018 ------2.9 2.9 2017 ------2.2 2.2 Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) 2018 ------2.4 2.4 2017 ------3.0 3.0 Manulife Asset Management Global Equity Index Pooled Fund 2018 ------9.7 9.7 2017 - 10.8 ------10.8 Manulife Asset Management International Equity Index Pooled Fund 2018 ------2.8 2.8 2017 ------1.8 1.8 Manulife Asset Management Multi Asset Absolute Return Solution 2018 0.4 0.1 1.5 19.2 12.9 8.8 - - 20.9 63.8 2017 1.7 13.8 1.5 40.9 18.1 9.7 - - 7.2 92.9 Manulife Asset Management S&P / TSX 60 Pooled Fund II 2018 4.5 ------4.5 2017 5.1 - 0.1 ------5.2 Manulife Real Asset Fund 2018 7.4 0.8 ------8.2 2017 8.0 0.4 ------1.3 9.7 Fonds Manuvie - HEC 2018 12.4 5.9 7.5 3.2 - - - - - 29.0 2017 12.7 6.1 8.8 2.3 - - - - - 29.9 The above credit ratings are obtained and disclosed from the rating services in the following hierarchical order 1) Standard & Poor’s, 2) Moody’s, and 3) Dominion Bond Rating Service, using first available.

299 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) b) Interest Rate Risk

Interest rate risk arises on interest-bearing financial instruments held in the investment portfolio, such as bonds and short-term investments. The Funds are exposed to the risk that the fair value of interest-bearing financial instruments will fluctuate due to changes in the prevailing levels of market interest rates. Other assets and liabilities are either short-term in nature or non-interest-bearing. Generally, the fair value of fixed income securities will vary inversely in relation to a change in interest rates. As interest rates rise, the fair value of fixed income securities falls and vice versa. The magnitude of the fall and rise will generally be greater for long-term fixed income securities than for short-term fixed income securities. The table below includes the Funds’ assets and liabilities at fair value categorized by the earlier of contractual re-pricing or maturity dates. The Funds’ interest rate sensitivity was determined based on portfolio weighted duration. In practice, the actual results may differ from this sensitivity analysis and the difference could be material. As at June 30, 2018 and December 31, 2017 if the prevailing interest rates were to decrease or increase by 25 basis points (0.25%), net assets attributable to unitholders would have increased or decreased by the amount presented in the column “Impact on net assets”.

Remaining term to maturity Less than More than Impact on As at June 30, 2018 and December 31, 2017 1 year 1-3 years 3-5 years 5 years Total net assets

Manulife Asset Management Money Market Pooled Fund 2018 12,957 - - - 12,957 7 2017 13,992 - - - 13,992 8 Manulife Asset Management Canadian Bond Index Pooled Fund 2018 390 267,824 219,847 644,646 1,132,707 21,632 2017 1,050 260,600 232,928 632,520 1,127,098 21,567 Manulife Asset Management Canadian Core Fixed Income Pooled Fund 2018 10,714 72,095 90,655 344,983 518,447 10,007 2017 4,584 77,308 93,023 353,243 528,158 10,042 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 2018 1,738 - - 973,815 975,553 36,915 2017 8,699 891 - 980,132 989,722 36,951 Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund 2018 1,086 8,131 16,299 60,400 85,916 1,432 2017 1,408 9,839 12,482 61,798 85,527 1,441 Manulife Asset Management Canadian Corporate Fixed Income Pooled Fund 2018 970 7,429 11,277 20,325 40,001 644 Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund 2018 1,004 13,046 10,897 3,000 27,947 199 2017 - 14,156 7,263 1,498 22,917 154 Manulife Asset Management Short-Term Bond Pooled Fund 2018 1,257 20,794 14,023 3,166 39,240 111 2017 1,450 18,183 15,846 2,547 38,026 129 Manulife Asset Management Short-Term Liability Government Bond Pooled Fund 2018 2,429 9,861 9,096 40,053 61,439 1,105 2017 - 8,985 8,818 38,652 56,455 1,075 Manulife Asset Management Short-Term Liability Corporate Bond Pooled Fund 2018 616 2,023 842 8,483 11,964 212 2017 - 1,976 1,183 8,033 11,192 209 Manulife Asset Management Mid-Term Liability Government Bond Pooled Fund 2018 844 5,033 6,721 167,519 180,117 6,305 2017 - 4,721 6,176 171,075 181,972 6,540 Manulife Asset Management Mid-Term Liability Corporate Bond Pooled Fund 2018 - 1,703 1,504 73,849 77,056 2,659 2017 - 428 1,444 57,490 59,362 2,091 Manulife Asset Management Long-Term Liability Government Bond Pooled Fund 2018 - - - 195,743 195,743 9,505 2017 - - - 257,904 257,904 12,802 Manulife Asset Management Leveraged Liability Government Bond Pooled Fund 2018 - - 2,886 27,186 30,072 - Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund 2018 210 20 - 107,660 107,890 5,872 2017 950 - - 109,225 110,175 6,113

300 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Remaining term to maturity Less than More than Impact on As at June 30, 2018 and December 31, 2017 1 year 1-3 years 3-5 years 5 years Total net assets

Manulife Asset Management Strategic Income Pooled Fund 2018 70,359 310,465 498,558 1,578,964 2,458,346 14,166 2017 79,929 307,454 392,263 1,364,480 2,144,126 12,763 Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund 2018 2,411 11,289 20,425 60,057 94,182 555 2017 3,030 13,611 18,437 55,704 90,782 573 Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund 2018 27,052 5,843 27,168 75,153 135,216 1,756 2017 976 774 7,233 20,978 29,961 447 Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund 2018 999 4,544 3,026 6,425 14,994 147 2017 - 4,719 3,000 7,912 15,631 166 Manulife Asset Management Global Diversified Balanced Pooled Fund 2018 1,396 - - - 1,396 - Manulife Asset Management Canadian Large Cap Growth Pooled Fund 2018 2,200 - - - 2,200 - 2017 1,300 - - - 1,300 - Manulife Asset Management Canadian Equity Index Pooled Fund 2018 7,544 - - - 7,544 - 2017 15,973 - - - 15,973 - Manulife Asset Management Canadian Core Equity Pooled Fund 2018 400 - - - 400 - 2017 300 - - - 300 - Manulife Asset Management Capped Canadian Equity Pooled Fund 2018 1,620 - - - 1,620 - 2017 590 - - - 590 - Manulife Asset Management Canadian Value Equity Pooled Fund 2018 2,016 - - - 2,016 - 2017 3,645 - - - 3,645 - Manulife Asset Management US Equity Index Pooled Fund 2018 35,177 - - - 35,177 - 2017 29,061 - - - 29,061 - Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) 2018 19,927 - - - 19,927 - 2017 23,797 - - - 23,797 - Manulife Asset Management US Small Cap Value Pooled Fund 2018 123 - - - 123 - 2017 160 - - - 160 - Manulife Asset Management Global Equity Index Pooled Fund 2018 4,472 - - - 4,472 - 2017 4,761 - - - 4,761 - Manulife Asset Management Global Small Cap Equity Pooled Fund 2018 235 - - - 235 - 2017 73 - - - 73 - Manulife Asset Management International Equity Index Pooled Fund 2018 18,415 - - - 18,415 - 2017 9,647 - - - 9,647 - Manulife Asset Management Global Opportunistic Allocation Pooled Fund 2018 7 - - - 7 - 2017 6 - - - 6 - Manulife Asset Management Multi Asset Absolute Return Solution 2018 13,493 7,833 3,663 26,004 50,993 828 2017 22,622 20,116 4,531 27,718 74,987 1,027

301 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Remaining term to maturity Less than More than Impact on As at June 30, 2018 and December 31, 2017 1 year 1-3 years 3-5 years 5 years Total net assets

Manulife Asset Management S&P / TSX 60 Pooled Fund II 2018 21,551 - - - 21,551 - 2017 24,263 - - - 24,263 - Manulife Real Asset Fund 2018 1,466 1,615 186 - 3,267 15 2017 438 978 1,710 - 3,126 - Fonds Manuvie - HEC 2018 - 228 208 383 819 15 2017 - 142 300 385 827 16 c) Currency Risk

Currency risk arises from financial instruments that are denominated in a currency other than the functional currency of each Fund. The Funds are exposed to the risk that the fair value of securities denominated in other currencies will fluctuate due to changes in exchange rates. The Schedule of Investment Portfolio identifies all bonds denominated in foreign currencies. Bonds are presumed to be denominated in the Fund’s presentation currency unless otherwise noted. Equities trading in foreign markets are also exposed to currency risk as the price in local terms on the foreign stock exchange is converted to the functional currency to determine fair value.

The following table shows foreign currencies to which the Fund had exposure to as at June 30, 2018 and December 31, 2017. The amounts are based on the fair value of the Fund’s holdings and the underlying principal amounts of any derivative contracts. The investments shown below include both monetary and non-monetary instruments. Had the Canadian dollar strengthened or weakened by 1% in relation to all currencies, with all other variables held constant, net assets attributable to unitholders would have decreased or increased by the amount presented in the column Impact on net assets. In practice, actual results may differ from this sensitivity analysis and the difference could be material.

As at June 30, 2018 and December 31, 2017 2018 2017 Financial Financial instruments Net %of Impact instruments Net %of Impact excluding currency net on Net excluding currency net on Net Currency derivatives Derivatives exposure assets Assets derivatives Derivatives exposure assets Assets

Manulife Asset Management Canadian Core Fixed Income Pooled Fund EUR 383 (49) 334 0.1 145 - 145 - USD 7,591 (6,770) 821 0.2 5,881 (2,914) 2,967 0.6 Total 7,974 (6,819) 1,155 0.3 12 6,026 (2,914) 3,112 0.6 31 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund EUR 709 (78) 631 0.1 986 - 986 0.1 USD 13,680 (12,171) 1,509 0.2 11,171 (5,518) 5,653 0.6 Total 14,389 (12,249) 2,140 0.3 21 12,157 (5,518) 6,639 0.7 66 Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund EUR 54 (8) 46 0.1 48 - 48 0.1 USD 21,204 (17,413) 3,791 4.4 18,233 (13,339) 4,894 5.6 Total 21,258 (17,421) 3,837 4.5 38 18,281 (13,339) 4,942 5.7 49 Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund USD 3 -3- 3 -3- Total 3 - 3 - - 3 - 3 - - Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund USD 570 (453) 117 0.1 375 (282) 93 0.1 Total 570 (453) 117 0.1 1 375 (282) 93 0.1 1

302 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Strategic Income Pooled Fund AUD 95,815 (95,118) 697 - 136,925 (135,658) 1,267 0.1 BRL 55,801 - 55,801 2.1 22,683 - 22,683 0.9 COP 13,772 - 13,772 0.5 6,765 - 6,765 0.3 EUR 226,548 (3,246) 223,302 8.3 10,841 (10,994) (153) - GBP 23,092 (22,217) 875 - 22,601 (21,669) 932 - IDR 80,552 - 80,552 3.0 52,519 - 52,519 2.2 INR 20,029 - 20,029 0.7 15,387 - 15,387 0.6 KRW 123 - 123 - 244 - 244 - MXN 74,067 (18,655) 55,412 2.1 65,813 - 65,813 2.7 MYR 36,340 - 36,340 1.4 14,991 - 14,991 0.6 NOK 47,524 (33,255) 14,269 0.5 29,130 (28,651) 479 - NZD 101,466 (99,960) 1,506 0.1 134,415 (132,519) 1,896 0.1 PHP 38,025 - 38,025 1.4 36,688 - 36,688 1.5 SEK (1) - (1) - 2,993 (2,899) 94 - SGD 34,158 (33,881) 277 - 52,531 (52,247) 284 - USD 1,671,224 (1,679,656) (8,432) (0.3) 1,579,838 (1,518,920) 60,918 2.5 Total 2,518,535 (1,985,988) 532,547 19.8 5,325 2,184,364 (1,903,557) 280,807 11.5 2,808 Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund AUD 3,646 (3,618) 28 - 5,752 (5,694) 58 0.1 BRL 2,152 - 2,152 2.1 912 - 912 0.9 COP 465 - 465 0.5 300 - 300 0.3 EUR 8,782 (122) 8,660 8.6 488 (494) (6) (0.5) GBP 1,014 (1,016) (2) - 1,247 (1,247) - - IDR 3,018 - 3,018 3.0 2,145 - 2,145 2.1 INR 615 - 615 0.6 649 - 649 0.7 MXN 2,605 (655) 1,950 1.9 2,619 - 2,619 2.6 MYR 1,446 - 1,446 1.4 670 - 670 0.7 NOK 1,807 (1,264) 543 0.5 1,276 (1,254) 22 - NZD 3,622 (3,573) 49 - 5,697 (5,625) 72 0.1 PHP 1,566 - 1,566 1.6 1,667 - 1,667 1.7 SGD 1,188 (1,164) 24 - 2,293 (2,288) 5 - USD 66,502 (66,186) 316 0.3 64,378 (63,697) 681 0.7 Total 98,428 (77,598) 20,830 20.5 208 90,093 80,299 9,794 9.8 98 Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund EUR 241 - 241 0.2 236 - 236 0.8 JPY - - - - - 293 293 1.0 MXN 613 - 613 0.5 312 - 312 1.0 USD 134,491 - 134,491 99.4 30,245 (291) 29,954 97.3 Total 135,345 - 135,345 100.1 1,353 30,793 2 30,795 100.1 308

303 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund BRL 1,780 - 1,780 11.4 2,018 - 2,018 12.5 COP 748 - 748 4.8 703 - 703 4.4 EUR - 167 167 1.1 - - - - HUF 1,115 - 1,115 7.1 1,256 - 1,256 7.8 IDR 1,684 - 1,684 10.8 1,759 - 1,759 10.9 JPY - - - - - 270 270 1.7 MXN 1,643 - 1,643 10.5 1,564 - 1,564 9.7 MYR 471 - 471 3.0 453 - 453 2.8 PEN 99 - 99 0.6 98 - 98 0.6 PHP 126 - 126 0.8 132 - 132 0.8 PLN 1,526 - 1,526 9.8 1,548 - 1,548 9.6 RUB 1,317 - 1,317 - 1,367 - 1,367 - RON 446 - 446 - 463 - 463 - TRY 1,014 - 1,014 6.5 1,220 - 1,220 7.6 USD 1,269 (169) 1,100 7.0 1,320 (362) 958 5.9 UYU 166 - 166 1.1 191 - 191 1.2 ZAR 2,018 - 2,018 12.9 1,979 - 1,979 12.3 Total 15,422 (2) 15,420 87.4 154 16,071 (92) 15,979 87.8 160 Manulife Asset Management Global Diversified Balanced Pooled Fund EUR - - - - - (292) (292) (2.1) JPY - (151) (151) (1.0) - (40) (40) (0.3) USD 5,440 (2,965) 2,475 16.6 5,183 (2,251) 2,932 20.9 Total 5,440 (3,116) 2,324 15.6 23 5,183 (2,583) 2,600 18.5 26 Manulife Asset Management Canadian Large Cap Growth Pooled Fund USD 32-32- 21-21- Total 32 - 32 - - 21 - 21 - - Manulife Asset Management Canadian Equity Index Pooled Fund GBP 221 - 221 - 215 - 215 - USD 693 - 693 0.1 614 - 614 0.1 Total 914 - 914 0.1 9 829 - 829 0.1 8 Manulife Asset Management Canadian Core Equity Pooled Fund USD 38 - 38 0.2 24 - 24 0.1 Total 38 - 38 0.2 - 24 - 24 0.1 - Manulife Asset Management Capped Canadian Equity Pooled Fund USD 149 - 149 0.2 106 - 106 0.2 Total 149 - 149 0.2 1 106 - 106 0.2 1 Manulife Asset Management Canadian Value Equity Pooled Fund USD 9 - 9 - 10 - 10 - Total 9 - 9 - - 10 - 10 - - Manulife Asset Management Canadian All Cap Focused Equity Pooled Fund USD 2 - 2 - - - - - Total 2 - 2 ------

304 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management US Large Cap Core Pooled Fund EUR 3,724 - 3,724 1.0 2,836 - 2,836 0.7 USD 359,784 - 359,784 99.3 379,216 - 379,216 99.3 Total 363,508 - 363,508 100.3 3,635 382,052 - 382,052 100.0 3,821 Manulife Asset Management US Equity Index Pooled Fund USD 1,219,004 (586) 1,218,418 100.0 1,303,134 - 1,303,134 99.9 Total 1,219,004 (586) 1,218,418 100.0 12,184 1,303,134 - 1,303,134 99.9 13,031 Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) USD 841,480 (402) 841,078 100.1 779,322 8,635 787,957 99.8 Total 841,480 (402) 841,078 100.1 8,411 779,322 8,635 787,957 99.8 7,880 Manulife Asset Management Focused US Large Cap Growth Pooled Fund USD 3,325 - 3,325 99.5 2,935 - 2,935 99.5 Total 3,325 - 3,325 99.5 33 2,935 - 2,935 99.5 29 Manulife Asset Management US Small Cap Value Pooled Fund USD 4,248 - 4,248 100.1 4,116 - 4,116 100.2 Total 4,248 - 4,248 100.1 42 4,116 - 4,116 100.2 41 Manulife Asset Management Emerging Markets Equity Pooled Fund BRL 495 (21) 474 3.2 1,005 - 1,005 6.8 CNH 328 - 328 2.2 - - - - CZK 179 - 179 1.2 175 - 175 1.2 EUR - - - - 57 - 57 0.4 GBP 639 - 639 4.4 573 - 573 3.9 HKD 4,089 (77) 4,012 27.3 3,431 - 3,431 23.4 IDR 320 - 320 2.2 608 - 608 4.1 KRW 1,727 - 1,727 11.8 1,792 - 1,792 12.2 MXN 518 - 518 3.5 426 - 426 2.9 THB - - - - 165 - 165 1.1 TWD 380 - 380 2.6 299 - 299 2.0 USD 5,221 (23) 5,198 35.4 5,150 - 5,150 35.1 ZAR 569 (31) 538 3.7 823 - 823 5.6 Total 14,465 (152) 14,313 97.5 143 14,504 - 14,504 98.7 145 Manulife Asset Management Global Focus Pooled Fund CHF 3,752 - 3,752 6.2 3,507 - 3,507 6.1 EUR 14,349 - 14,349 23.7 12,504 - 12,504 21.7 GBP 6,086 - 6,086 10.0 7,345 (27) 7,318 12.7 USD 31,963 (8) 31,955 52.7 30,332 (7) 30,325 52.7 Total 56,150 (8) 56,142 92.6 561 53,688 (34) 53,654 93.2 537

305 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Global Equity II Pooled Fund AUD 3,647 - 3,647 3.2 3,534 - 3,534 3.1 BRL 1,251 - 1,251 1.1 - - - - CHF 9,995 (557) 9,438 8.2 11,371 - 11,371 9.9 EUR 26,717 (5,861) 20,856 18.0 22,206 - 22,206 19.3 GBP 5,208 - 5,208 4.5 5,766 - 5,766 5.0 HKD 3,841 - 3,841 3.3 3,832 - 3,832 3.3 JPY 2,272 (15) 2,257 1.9 7,718 - 7,718 6.7 USD 58,978 5,827 64,805 56.0 56,482 - 56,482 49.1 Total 111,909 (606) 111,303 96.2 1,113 110,909 - 110,909 96.4 1,109 Manulife Asset Management Global Equity Index Pooled Fund USD 5,277 (290) 4,987 10.8 5,148 - 5,148 11.6 Total 5,277 (290) 4,987 10.8 50 5,148 - 5,148 11.6 51 Manulife Asset Management Global Natural Resources Pooled Fund AUD 12 - 12 0.5 11 - 11 0.5 EUR 16 - 16 0.7 - - - - GBP 13 - 13 0.6 - - - - SEK 42 - 42 1.9 33 - 33 1.6 USD 1,245 - 1,245 56.5 1,112 - 1,112 55.2 Total 1,328 - 1,328 60.2 13 1,156 - 1,156 57.3 12 Manulife Asset Management Global Energy Pooled Fund EUR 27 - 27 1.4 - - - - GBP 1 - 1 0.1 - - - - NOK 2 - 2 0.1 - - - - SEK 40 - 40 2.0 28 - 28 1.5 USD 1,382 (1) 1,381 70.6 1,240 - 1,240 67.9 Total 1,452 (1) 1,451 74.2 15 1,268 - 1,268 69.4 13 Manulife Asset Management Global Precious Metals Pooled Fund AUD 52 - 52 2.4 32 - 32 1.5 GBP 96 - 96 4.4 133 - 133 6.1 USD 304 - 304 14.1 345 - 345 15.8 Total 452 - 452 20.9 5 510 - 510 23.4 5 Manulife Asset Management Global Small Cap Equity Pooled Fund AUD 138 - 138 1.4 280 - 280 3.5 DKK - - - - 102 - 102 1.3 EUR 1,261 8 1,269 12.7 1,075 - 1,075 13.2 GBP 574 - 574 5.7 348 - 348 4.3 HKD 195 10 205 2.0 84 - 84 1.0 IDR 203 - 203 2.0 208 - 208 2.6 JPY 1,206 77 1,283 12.8 865 - 865 10.6 KRW 240 - 240 2.4 168 - 168 2.1 MYR 106 - 106 1.1 85 - 85 1.0 SEK 132 - 132 1.3 102 - 102 1.3 USD 5,245 (95) 5,150 51.4 4,100 - 4,100 50.5 ZAR 123 - 123 1.2 117 - 117 1.4 Total 9,423 - 9,423 94.0 94 7,534 - 7,534 92.8 75

306 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management International Equity Pooled Fund AUD 2,181 (193) 1,988 3.9 2,786 - 2,786 5.8 CHF 2,177 - 2,177 4.3 1,761 - 1,761 3.6 DKK 922 - 922 1.8 1,419 - 1,419 2.9 EUR 16,286 (761) 15,525 30.8 12,123 - 12,123 25.1 GBP 8,656 1,170 9,826 19.5 10,983 (18) 10,965 22.7 HKD 2,127 - 2,127 4.2 1,854 - 1,854 3.8 JPY 9,674 194 9,868 19.5 10,258 - 10,258 21.2 KRW 2,386 - 2,386 4.7 1,298 - 1,298 2.7 SEK 1,188 - 1,188 2.4 169 - 169 0.3 TWD - - - - 48 - 48 0.1 USD 3,936 (174) 3,762 7.5 3,624 - 3,624 7.5 Total 49,533 236 49,769 98.6 498 46,324 (18) 46,305 95.7 463 Manulife Asset Management International Equity II Pooled Fund AUD 8,080 - 8,080 4.1 8,785 - 8,785 4.6 CHF 11,710 - 11,710 6.0 12,175 - 12,175 6.3 DKK 1,849 - 1,849 0.9 1,676 - 1,676 0.9 EUR 67,187 (237) 66,950 34.2 62,200 - 62,200 32.4 GBP 29,501 (17) 29,484 15.1 28,716 (29) 28,687 14.9 HKD 11,306 (58) 11,248 5.7 12,555 - 12,555 6.5 JPY 40,269 1,268 41,537 21.2 40,177 - 40,177 20.9 NOK 2,011 - 2,011 1.0 1,823 - 1,823 0.9 SEK 3,267 - 3,267 1.7 4,712 - 4,712 2.5 SGD 5,398 - 5,398 2.8 5,151 - 5,151 2.7 ZAR 3 -3- 3 -3- Total 180,581 956 181,537 92.7 1,815 177,973 (29) 177,944 92.6 1,779 Manulife Asset Management International Equity Index Pooled Fund AUD 45,032 - 45,032 6.8 35,043 - 35,043 6.7 CHF 50,104 - 50,104 7.5 41,076 - 41,076 7.8 DKK 10,585 - 10,585 1.6 9,262 - 9,262 1.8 EUR 204,250 (12) 204,238 30.8 162,422 (5) 162,417 31.0 GBP 114,984 (59) 114,925 17.3 90,523 (25) 90,498 17.3 HKD 21,195 (5) 21,190 3.2 16,802 (8) 16,794 3.2 ILS 1,734 - 1,734 0.3 1,326 - 1,326 0.3 JPY 152,801 (271) 152,530 23.0 121,387 - 121,387 23.2 NOK 4,698 - 4,698 0.7 3,334 - 3,334 0.6 NZD 1,358 - 1,358 0.2 873 - 873 0.2 SEK 16,387 - 16,387 2.5 13,569 - 13,569 2.6 SGD 8,342 - 8,342 1.3 6,666 - 6,666 1.3 USD 27,802 (434) 27,368 4.1 15,890 38 15,928 3.0 Total 659,272 (781) 658,491 99.3 6,585 518,173 - 518,173 99.0 5,182

307 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management International Small Cap Pooled Fund AUD 311 - 311 4.9 410 - 410 6.5 CHF 56 - 56 0.9 109 - 109 1.7 DKK 45 - 45 0.7 44 - 44 0.7 EUR 1,559 - 1,559 24.8 1,618 19 1,637 25.9 GBP 790 - 790 12.6 782 8 790 12.5 HKD 315 (1) 314 5.0 327 - 327 5.2 IDR 86 - 86 1.4 79 - 79 1.3 JPY 1,458 (4) 1,454 23.1 1,354 - 1,354 21.4 KRW 148 - 148 2.4 146 - 146 2.3 MYR 42 - 42 0.7 46 - 46 0.7 SEK 235 - 235 3.7 186 12 198 3.1 SGD 44 - 44 0.7 40 - 40 0.6 TWD 124 - 124 2.0 114 - 114 1.8 USD 68 - 68 1.1 55 - 55 0.9 ZAR 40 - 40 0.6 43 - 43 0.7 Total 5,321 (5) 5,316 84.6 53 5,353 39 5,392 85.3 54 Manulife Asset Management Global Opportunistic Allocation Pooled Fund USD 440 - 440 101.1 418 - 418 99.8 Total 440 - 440 101.1 4 418 - 418 99.8 4 Manulife Asset Management Multi Asset Absolute Return Solution AUD 3,000 (2,913) 87 0.1 2,121 (2,080) 41 0.1 BRL - - - - (1) - (1) - DKK 166 - 166 0.2 - - - - EUR 1,050 (809) 241 0.3 1,366 (2,363) (997) (1.2) GBP 107 - 107 0.1 - 20 20 - HKD 272 (151) 121 0.2 - - - - IDR 1,899 (941) 958 1.2 1,005 - 1,005 1.2 INR 568 - 568 0.7 624 - 624 0.8 JPY 196 (13) 183 0.2 (7) - (7) - RUB - - - - - 993 993 - SGD 208 - 208 0.3 - - - - USD 60,422 (62,659) (2,237) (2.8) 68,666 (68,860) (194) (0.2) Total 67,888 (67,486) 402 0.5 4 73,774 (72,290) 1,484 0.7 15 Manulife Asset Management S&P / TSX 60 Pooled Fund II USD 130 - 130 - 95 - 95 - Total 130 - 130 - 1 95 - 95 - 1 Manulife Real Asset Fund USD 8,151 (10,674) (2,523) (6.4) 7,592 (5,650) 1,942 22.4 Total 8,151 (10,674) (2,523) (6.4) (25) 7,592 (5,650) 1,942 22.4 19 Fonds Manuvie - HEC USD 4 -40.1 3 -30.1 Total 4 - 4 0.1 - 3 - 3 0.1 - MCRA Holdings Inc. USD 4,537 - 4,537 100.3 N/A N/A N/A N/A Total 4,537 - 4,537 100.3 45 N/A N/A N/A N/A N/A

308 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) d) Concentration Risk

Concentration risk arises as a result of the concentration of exposures within the same category, whether it is geographical location, product type, industry sector or counterparty type. Concentration risk section is presented after the Schedule of Portfolio Investments for each Fund holding direct investments.

e) Other Market Risk

The value of shares of a Fund that invests in securities is directly related to the fair value of those investments held by that Fund. The fair value of those investments will increase or decrease depending on the financial performance of the issuers and general economic, political, tax and market conditions. All securities present a risk of loss of capital. The Manager manages this risk through a careful selection of securities and other financial instruments within the parameters of the Funds’ investment strategies. Except for options written and futures contracts held short (if any), the maximum risk resulting from financial instruments is equivalent to their fair values. Possible losses from options written and futures contracts held short can be unlimited. The Funds’ equity, debt and derivative instruments are susceptible to market price risk arising from uncertainties about future prices of the instruments. The following Funds were exposed to other market risks. Using a correlation between the Fund’s return as compared to its benchmark, the best estimate of the effect of a 5% index movement on net assets attributable to unitholders due to a reasonably possible change in the benchmark with all other variables held constantissetout below. In practice, the actual results may differ from this sensitivity analysis and the differences could be material.

As at June 30, 2018 and December 31, 2017 Benchmark 2018 2017

Manulife Asset Management Money Market Pooled Fund FTSE TMX 91 Day Treasury Bill TR Index 337 348 Manulife Asset Management Canadian Bond Index FTSE TMX Universe Bond TR Index 56,882 56,554 Pooled Fund Manulife Asset Management Canadian Core Fixed FTSE TMX Universe Bond TR Index 26,316 27,224 Income Pooled Fund Manulife Asset Management Canadian Long Duration FTSE TMX Long Term Bond TR Index 48,603 49,949 Fixed Income Pooled Fund Manulife Asset Management Canadian Core Plus Fixed FTSE TMX Universe Bond TR Index 3,391 3,462 Income Pooled Fund Manulife Asset Management Canadian Corporate Fixed FTSE TMX Universe All Corporate Bond TR Index 1,975 N/A Income Pooled Fund* Manulife Asset Management Canadian Short Duration FTSE TMX Short Term Bond TR Index 1,410 1,154 Fixed Income Pooled Fund Manulife Asset Management Short-Term Bond Pooled FTSE TMX Short Term Bond TR Index 1,870 1,825 Fund Manulife Asset Management Short-Term Liability Manulife Asset Management Short-Term Liability Provincial Bond 3,084 2,834 Government Bond Pooled Fund Benchmark Manulife Asset Management Short-Term Liability Manulife Asset Management Short-Term Liability Corporate Bond 612 574 Corporate Bond Pooled Fund Benchmark Manulife Asset Management Mid-Term Liability Manulife Asset Management Mid-Term Liability Provincial Bond 9,058 9,146 Government Bond Pooled Fund Benchmark Manulife Asset Management Mid-Term Liability Manulife Asset Management Mid-Term Liability Corporate Bond 3,880 2,998 Corporate Bond Pooled Fund Benchmark Manulife Asset Management Long-Term Liability Manulife Asset Management Long-Term Liability Provincial Bond 9,798 12,932 Government Bond Pooled Fund Benchmark Manulife Asset Management Leveraged Liability Manulife Asset Management Leveraged Liability Government 525 N/A Government Bond Pooled Fund Bond Pooled Fund Custom Benchmark Manulife Asset Management Ultra Long Duration Fixed FTSE TMX 20+ Overall Index 5,323 5,365 Income Pooled Fund Manulife Asset Management Strategic Income Pooled Barclays U.S. Aggregate Bond Index 39,487 36,864 Fund Manulife Asset Management Strategic Income (ex Barclays Capital Multiverse Index (CAD) 5,035 5,010 Tobacco and Marijuana) Pooled Fund* Manulife Asset Management Emerging Markets JPMorgan Corporate EMBI Broad Diversified Composite 6,795 1,173 Corporate Debt Pooled Fund Manulife Asset Management Emerging Markets Local JPMorgan GBI-EM Global Diversified Composite Unhedged 769 803 Currency Debt Pooled Fund Manulife Asset Management Global Diversified Balanced Canadian CPI + 5% (292) (82) Pooled Fund

309 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 Benchmark 2018 2017

Manulife Asset Management Canadian Large Cap S&P/TSX Equity linked to S&P/TSX Composite 3,710 3,599 Growth Pooled Fund Manulife Asset Management Canadian Equity Index S&P/TSX Composite Total Return Index 37,072 37,264 Pooled Fund Manulife Asset Management Canadian Core Equity S&P/TSX Composite Total Return Index 945 923 Pooled Fund Manulife Asset Management Capped Canadian Equity S&P/TSX Capped Composite Index (Total Return) (CAD) 3,259 3,038 Pooled Fund Manulife Asset Management Canadian Value Equity S&P/TSX Capped Composite Index (Total Return) (CAD) 1,831 1,831 Pooled Fund Manulife Asset Management Canadian All Cap Focused S&P/TSX Composite Total Return Index 151 87 Equity Pooled Fund Manulife Asset Management US Large Cap Core Pooled S&P 500 Index (CAD) 19,426 20,774 Fund Manulife Asset Management US Equity Index Pooled S&P 500 Index (CAD) 60,884 65,179 Fund Manulife Asset Management US Equity Index Pooled S&P 500 Index (CAD) 42,026 39,457 Fund (Non-Taxable) Manulife Asset Management Focused US Large Cap Russell 1000 Growth Index (CAD) 174 153 Growth Pooled Fund Manulife Asset Management US Small Cap Value Pooled Russell 2000 Value Index 187 185 Fund Manulife Asset Management Emerging Markets Equity MSCI Emerging Markets Net Return Index ($CAD) 734 744 Pooled Fund Manulife Asset Management Global Focus Pooled Fund MSCI World Gross Total Return (CAD) 3,077 2,869 Manulife Asset Management Global Equity II Pooled MSCI World NR CAD 5,307 5,244 Fund Manulife Asset Management Global Equity Index Pooled Custom Developed and Emerging Markets Index 2,282 2,196 Fund Manulife Asset Management Global Natural Resources 65% MSCI World Energy Index NR (CAD) and 35% MSCI 130 118 Pooled Fund Materials Index NR (CAD) Manulife Asset Management Global Energy Pooled Fund MSCI World Energy Index NR 119 120 Manulife Asset Management Global Precious Metals FTSE Gold Mines Index TR 88 79 Pooled Fund Manulife Asset Management Global Small Cap Equity S&P Developed Small Cap Index TR (CAD) 494 380 Pooled Fund Manulife Asset Management International Equity Pooled MSCI Europe Far East and Australia (EAFE) 2,565 2,436 Fund Manulife Asset Management International Equity II MSCI EAFE Index (Net Return) (CAD) 8,930 8,768 Pooled Fund Manulife Asset Management International Equity Index MSCI EAFE Index 32,913 25,919 Pooled Fund Manulife Asset Management International Small Cap MSCI World ex. US Small Cap Index 276 272 Pooled Fund Manulife Asset Management Target De-Risking 80 Manulife AM Target De-Risking 80 Custom Benchmark 1,805 1,747 Pooled Fund Manulife Asset Management Target De-Risking 90 Manulife AM Target De-Risking 90 Custom Benchmark 1,827 1,789 Pooled Fund Manulife Asset Management Target De-Risking 100 Manulife AM Target De-Risking 100 Custom Benchmark 9 9 Pooled Fund Manulife Asset Management Target De-Risking 105 Manulife AM Target De-Risking 105 (YNG) Custom Bench 221 212 Young Pooled Fund Manulife Asset Management Target De-Risking 105 Manulife AM Target De-Risking 105 (AVG) Custom Benchmark 138 386 Average Pooled Fund Manulife Asset Management Target De-Risking 105 Manulife AM Target De-Risking 105 (MAT) Custom Benchmark 42 42 Mature Pooled Fund

310 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 Benchmark 2018 2017

Manulife Asset Management Global Opportunistic 50% MSCI AC World and 50% BC Global Agg. Bond Index 23 22 Allocation Pooled Fund Manulife Asset Management Global Absolute Return Canadian Bankers Acceptances 6-Month 3,792 9,948 Strategies Pooled Fund Manulife Asset Management Global Absolute Return Canadian Bankers Acceptances 6-Month 2,204 7,914 Strategies Private Pooled Fund Manulife Asset Management Multi Asset Absolute Canadian Bankers Acceptances 3-Month + 5% p.a. 4,009 4,043 Return Solution* Manulife Asset Management S&P / TSX 60 Pooled Fund II S&P/TSX 60 (Total Return) 23,791 23,658 Manulife Real Asset Fund Canadian Consumer Price Index + 4% (581) 1,689 Fonds Manuvie - HEC 55% S&P/TSX Capped Composite Index 45% FTSE TMX Canada 145 125 Universe MCRA Holdings Inc. N/A 226 N/A *There is no meaningful correlation between the Fund’s return and its benchmark.

f) Liquidity Risk

Liquidity risk is the risk that a Fund may not be able to settle or meet its obligations associated with financial liabilities on time. Each Fund is exposed to daily cash redemptions of units. The Funds are primarily invested in securities that are traded in active markets and can be readily disposed of. All other liabilities of the Funds, other than derivatives, mature in six months or less. In addition, the Funds try to maintain sufficient cash positions to meet liquidity requirements. The Funds also have the ability to borrow up to 5% of their net assets attributable to unitholders for the purpose of funding redemptions.

g) Fair Value Measurement

The Funds classify each financial instrument into one of three fair value levels within the fair value hierarchy. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The three levels of the fair value hierarchy are:

Level 1 – for unadjusted quoted prices in active markets for identical assets or liabilities,

Level 2 – for inputs, other than quoted prices included in Level 1, that are observable for the asset or liabilities, either directly (i.e. as prices) or indirectly (i.e. derived from prices), and

Level 3 – for inputs that are based on unobservable market data.

If inputs of different levels are used to measure an asset’s or liability’s fair value, the classification within the hierarchy is based on the lowest level input that is significant to the fair value measurement.

All fair value measurements are recurring. For financial instruments whose fair values approximate their carrying value, given their short term nature, the carrying values of financial instruments measured at amortized cost approximate their fair values. Fair values are classified as Level 1 when the related security or derivative is actively traded and a quoted price is available. If an instrument classified as Level 1 subsequently ceases to be actively traded, it is transferred out of Level 1. In such cases, instruments are reclassified into Level 2, unless the measurement of its fair value requires the use of significant unobservable inputs, in which case it is classified as Level 3.

Equities The Funds’ equity positions are classified as Level 1 when the security is actively traded and a reliable price is observable. In cases where the fair value is determined using observable market data, the position is classified as Level 2, unless the determination of fair value requires significant unobservable data, in which case the classification is Level 3. Certain of the Funds’ equities do not trade frequently and therefore observable prices may not be available. Where fair value factors are appliedtothecloseprice, the positions are classified as Level 2 unless the determination of fair value requires significant unobservable data, in which case the classification is Level 3. Bonds and short-term investments Bonds include primarily government and corporate bonds, which are valued using models with inputs including interest rate curves, credit spreads and volatilities. The inputs that are significant to valuation are generally observable and therefore the Funds’ bonds and short-term investments have been classified as Level 2, unless the determination of fair value requires significant unobservable input, in which they are classified as Level 3. Derivative assets and liabilities Derivative assets and liabilities may consist of forward foreign currency contracts, futures contracts, options contracts and swap contracts. Contracts for which counterparty credit spreads are observable and reliable, or for which the credit-related inputs are determined not to be significant to fair value, are classified as Level 2. Exchange traded options and futures are classified as Level 1. If a determination of fair value requires significant unobservable input, they are classified as Level 3. Underlying Funds Investments in the underlying funds that are exchange-traded funds, mutual funds or SLI Global SICAV Global Absolute Return Strategies Fund are classified as Level 1, as they are actively redeemable and reliable prices are observable. Investments in underlying funds that are pooled funds are classified as Level 2.

311 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The following table show the inputs used in valuing the Fund’s financial instruments carried at fair value.

As at June 30, 2018 and December 31, 2017 2018 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Manulife Asset Management Money Market Pooled Fund Bonds - 2,671 - 2,671 - - - - Short-term - 10,286 - 10,286 - 13,992 - 13,992 Manulife Asset Management Canadian Bond Index Pooled Fund Bonds - 1,132,317 - 1,132,317 - 1,126,048 - 1,126,048 Short-term - 390 - 390 - 1,050 - 1,050 Manulife Asset Management Canadian Core Fixed Income Pooled Fund Bonds - 516,357 - 516,357 - 526,460 - 526,460 Short-term - 2,090 - 2,090 - 1,698 - 1,698 Derivative Assets - 9 - 9 229 115 - 344 Derivative Liabilities (250) (71) - (321) (5) (56) - (61) Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund Bonds - 974,693 - 974,693 - 981,023 - 981,023 Short-term - 860 - 860 - 8,699 - 8,699 Derivative Assets - 27 - 27 146 290 - 436 Derivative Liabilities (118) (112) - (230) - (186) - (186) Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund Equities 14 - - 14 132 - - 132 Bonds - 85,587 - 85,587 - 84,797 - 84,797 Short-term - 329 - 329 - 730 - 730 Derivative Assets - 188 - 188 43 174 - 217 Derivative Liabilities (112) - - (112) - (91) - (91) Manulife Asset Management Canadian Corporate Fixed Income Pooled Fund Bonds - 39,181 - 39,181 N/A N/A N/A N/A Short-term - 820 - 820 N/A N/A N/A N/A Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund Bonds - 27,827 - 27,827 - 22,917 - 22,917 Short-term - 120 - 120 - - - - Manulife Asset Management Short-Term Bond Pooled Fund Bonds - 39,240 - 39,240 - 37,636 - 37,636 Short-term - - - - - 390 - 390 Manulife Asset Management Short-Term Liability Government Bond Pooled Fund Bonds - 61,439 - 61,439 - 56,455 - 56,455 Manulife Asset Management Short-Term Liability Corporate Bond Pooled Fund Bonds - 11,964 - 11,964 - 11,192 - 11,192 Manulife Asset Management Mid-Term Liability Government Bond Pooled Fund Bonds - 180,117 - 180,117 - 181,972 - 181,972 Manulife Asset Management Mid-Term Liability Corporate Bond Pooled Fund Bonds - 77,056 - 77,056 - 59,362 - 59,362 Manulife Asset Management Long-Term Liability Government Bond Pooled Fund Bonds - 195,743 - 195,743 - 257,904 - 257,904 Manulife Asset Management Leveraged Liability Government Bond Pooled Fund Bonds - 30,072 - 30,072 N/A N/A N/A N/A Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund Bonds - 107,680 - 107,680 - 109,225 - 109,225 Short-term - 210 - 210 - 950 - 950 Derivative Assets - 6 - 6 30 6 - 36 Derivative Liabilities (1) - - (1) - - - - Manulife Asset Management Strategic Income Pooled Fund Equities 118,318 - - 118,318 117,720 - - 117,720 Bonds - 2,458,346 - 2,458,346 - 2,140,383 - 2,140,383 Short-term - - - - - 3,743 - 3,743 Derivative Assets - 4,569 - 4,569 1,747 41,097 - 42,844 Derivative Liabilities (3,264) (32,872) - (36,136) - (2,400) - (2,400)

312 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund Equities 4,084 - - 4,084 4,575 - - 4,575 Bonds - 94,182 - 94,182 - 89,698 - 89,698 Short-term - - - - - 1,084 - 1,084 Derivative Assets - 173 - 173 66 1,749 - 1,815 Derivative Liabilities (127) (1,302) - (1,429) - (101) - (101) Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund Equities 114 - - 114 61 - - 61 Bonds - 108,164 - 108,164 - 29,238 - 29,238 Short-term - 27,052 - 27,052 - 723 - 723 Derivative Assets - - - - 4 2 - 6 Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund Bonds - 14,994 - 14,994 - 15,631 - 15,631 Derivative Assets - - - - - 4 - 4 Derivative Liabilities - (2) - (2) - - - - Manulife Asset Management Global Diversified Balanced Pooled Fund Short-term - 1,396 - 1,396 - - - - Mutual Funds 5,833 1,162 - 6,995 5,756 1,115 - 6,871 Exchange-Traded Funds 6,422 - - 6,422 6,585 - - 6,585 Derivative Assets - - - - - 46 - 46 Derivative Liabilities - (68) - (68) - - - - Manulife Asset Management Canadian Large Cap Growth Pooled Fund Equities 79,658 - - 79,658 81,944 - - 81,944 Short-term - 2,200 - 2,200 - 1,300 - 1,300 Manulife Asset Management Canadian Equity Index Pooled Fund Equities 723,348 - - 723,348 721,924 - - 721,924 Short-term - 7,544 - 7,544 - 15,973 - 15,973 Exchange-Traded Funds 8,098 - - 8,098 7,461 - - 7,461 Derivative Assets 112 - - 112 100 - - 100 Manulife Asset Management Canadian Core Equity Pooled Fund Equities 22,056 - - 22,056 21,322 - - 21,322 Short-term - 400 - 400 - 300 - 300 Manulife Asset Management Capped Canadian Equity Pooled Fund Equities 67,577 - - 67,577 62,200 - - 62,200 Short-term - 1,620 - 1,620 - 590 - 590 Manulife Asset Management Canadian Value Equity Pooled Fund Equities 38,310 - - 38,310 36,713 - - 36,713 Short-term - 2,016 - 2,016 - 3,645 - 3,645 Manulife Asset Management Canadian All Cap Focused Equity Pooled Fund Equities 5,459 - - 5,459 1,675 - - 1,675 Manulife Asset Management US Large Cap Core Pooled Fund Equities 360,904 - - 360,904 378,325 - - 378,325 Manulife Asset Management US Equity Index Pooled Fund Equities 1,188,286 - - 1,188,286 1,270,443 - - 1,270,443 Short-term - 35,177 - 35,177 - 29,061 - 29,061 Derivative Assets - - - - 353 - - 353 Derivative Liabilities (586) - - (586) - - - - Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) Equities 816,177 - - 816,177 767,357 - - 767,357 Short-term - 19,927 - 19,927 - 23,797 - 23,797 Exchange-Traded Funds 2,015 - - 2,015 1,888 - - 1,888 Derivative Assets - - - - 48 - - 48 Derivative Liabilities (402) - - (402) - (27) - (27) Manulife Asset Management Focused US Large Cap Growth Pooled Fund Equities 3,236 - - 3,236 2,833 - - 2,833

313 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Manulife Asset Management US Small Cap Value Pooled Fund Equities 4,121 - - 4,121 3,952 - - 3,952 Short-term - 123 - 123 - 160 - 160 Manulife Asset Management Emerging Markets Equity Pooled Fund Equities 13,795 - - 13,795 13,899 - - 13,899 Mutual Funds 497 - - 497 546 - - 546 Derivative Assets - 1 - 1 - - - - Manulife Asset Management Global Focus Pooled Fund Equities 55,473 - - 55,473 53,480 - - 53,480 Manulife Asset Management Global Equity II Pooled Fund Equities 111,021 - - 111,021 110,613 - - 110,613 Derivative Assets - 1 - 1 - - - - Derivative Liabilities - (34) - (34) - - - - Manulife Asset Management Global Equity Index Pooled Fund Short-term - 4,472 - 4,472 - 4,761 - 4,761 Mutual Funds - 41,233 - 41,233 - 39,104 - 39,104 Derivative Assets - - - - 224 - - 224 Derivative Liabilities (290) - - (290) - - - - Manulife Asset Management Global Natural Resources Pooled Fund Equities 2,181 - - 2,181 2,018 - - 2,018 Manulife Asset Management Global Energy Pooled Fund Equities 1,945 - - 1,945 1,824 - - 1,824 Manulife Asset Management Global Precious Metals Pooled Fund Equities 2,074 - - 2,074 2,098 - - 2,098 Exchange-Traded Funds 13 - - 13 14 - - 14 Manulife Asset Management Global Small Cap Equity Pooled Fund Equities 9,759 - - 9,759 7,955 - - 7,955 Short-term - 235 - 235 - 73 - 73 Manulife Asset Management International Equity Pooled Fund Equities 49,542 - - 49,542 46,222 27 - 46,249 Derivative Assets - 3 - 3 - - - - Derivative Liabilities - (1) - (1) - - - - Manulife Asset Management International Equity II Pooled Fund Equities 187,953 - 380 188,333 183,605 - 523 183,128 Derivative Liabilities - (5) - (5) - - - - Manulife Asset Management International Equity Index Pooled Fund Equities 633,425 - - 633,425 504,499 - - 504,499 Short-term - 18,415 - 18,415 - 9,647 - 9,647 Derivative Assets - - - - 272 - - 272 Derivative Liabilities (781) - - (781) - - - - Manulife Asset Management International Small Cap Pooled Fund Equities 6,032 - - 6,032 6,123 - - 6,123 Manulife Asset Management Target De-Risking 80 Pooled Fund Mutual Funds - 35,824 - 35,824 - 34,793 - 34,793 Manulife Asset Management Target De-Risking 90 Pooled Fund Mutual Funds - 36,519 - 36,519 - 35,839 - 35,839 Manulife Asset Management Target De-Risking 100 Pooled Fund Mutual Funds - 184 - 184 - 176 - 176 Manulife Asset Management Target De-Risking 105 Young Pooled Fund Mutual Funds - 4,516 - 4,516 - 4,347 - 4,347 Manulife Asset Management Target De-Risking 105 Average Pooled Fund Mutual Funds - 2,798 - 2,798 - 7,789 - 7,789 Manulife Asset Management Target De-Risking 105 Mature Pooled Fund Mutual Funds - 828 - 828 - 822 - 822

314 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017 Level 1 Level 2 Level 3 Total Level 1 Level 2 Level 3 Total

Manulife Asset Management Global Opportunistic Allocation Pooled Fund Short-term - 7 - 7 - 6 - 6 Exchange-Traded Funds 432 - - 432 412 - - 412 Manulife Asset Management Global Absolute Return Strategies Pooled Fund Mutual Funds 145,188 - - 145,188 198,920 - - 198,920 Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund Mutual Funds 86,079 - - 86,079 158,315 - - 158,315 Manulife Asset Management Multi Asset Absolute Return Solution Equities 17,967 - - 17,967 5,222 - - 5,222 Bonds - 35,534 - 35,534 - 59,958 - 59,958 Short-term - 15,459 - 15,459 - 15,029 - 15,029 Exchange-Traded Funds 7,743 - - 7,743 - - - 1,383 Derivative Assets 99 91 - 190 21 1,935 - 1,956 Derivative Liabilities (310) (823) - (1,133) (23) (220) - (243) Manulife Asset Management S&P / TSX 60 Pooled Fund II Equities 452,909 - - 452,909 454,041 - - 454,041 Short-term - 21,551 - 21,551 - 24,263 - 24,263 Exchange-Traded Funds 395 - - 395 393 - - 393 Derivative Assets 106 - - 106 77 439 - 516 Derivative Liabilities - (98) - (98) - - - - Manulife Real Asset Fund Bonds - 2,938 - 2,938 - 2,688 - 2,688 Short-term - 329 - 329 - 438 - 438 Mutual Funds - 30,091 - 30,091 - 25,188 - 25,188 Exchange-Traded Funds 6,262 - - 6,262 5,301 - - 5,301 Derivative Assets - 1 - 1 - 153 - 153 Derivative Liabilities - (200) - (200) - (10) - (10) Fonds Manuvie - HEC Equities 1,893 - - 1,893 1,807 - - 1,807 Bonds - 819 - 819 - 827 - 827 MCRA Holdings Inc. Mutual Funds - 4,537 - 4,537 N/A N/A N/A N/A

315 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) Reconciliation of Level 3 The following table shows the reconciliation of investments measured at fair value using unobservable inputs for the periods ended June 30. Financial Assets (liabilities) ($) Change in Beginning Net transfers Net realized unrealized Ending As at June 30 balance Purchases Sales in (out) gain (loss) gain (loss) Balance

Manulife Asset Management International Equity II Pooled Fund 2018 Equities 523 - - - - (143) 380 2017 Equities - - - 461 - 62 523

4. UNITS OF THE FUNDS

Units issued and outstanding represent the capital of each Fund. Each Fund is authorized to issue an unlimited number of units with no par value in each series, which are redeemable at the option of the unitholder in accordance with the provisions of the Declaration of Trust and applicable regulation, at their current NAVPU.

Each Fund has a contractual obligation to repurchase or redeem its units for cash or another financial asset and as such, the outstanding units are classified as a financial liability. Unitholders are entitled to distributions when declared. Distributions on units of each series are reinvested in additional units of the same series or, at the option of the unitholders, paid in cash. The Funds have no restrictions or specific capital requirements other than the minimum subscription requirements. Changes in each Fund’s units during the periods are disclosed in the Statements of Changes in Net Assets Attributable to Unitholders. The Funds endeavour to invest the proceeds received from subscriptions in appropriate investments in conjunction with their investment objectives while remaining in compliance with regulatory requirements. The Funds maintain sufficient liquidity to meet redemptions, such liquidity being augmented by short-term borrowings or disposal of investments where necessary.

5. TAXATION OF THE FUNDS

As at June 30, 2018, the the following funds are considered to be financial institutions under the Income Tax Act (Canada) and are therefore subject to the mark-to-market rules with respect to their investments that qualify as ’mark to market property’ under the Act. As a result, all realized gains and losses, and changes in unrealized gains and losses, with respect to mark-to-market property are taxed as income on a yearly basis.

Financial Institutions

Manulife Asset Management Short-Term Liability Corporate Bond Pooled Manulife Asset Management Global Energy Pooled Fund Fund Manulife Asset Management Global Precious Metals Pooled Fund Manulife Asset Management Leveraged Liability Government Bond Manulife Asset Management International Small Cap Pooled Fund Pooled Fund Manulife Asset Management Target De-Risking 100 Pooled Fund Manulife Asset Management Emerging Markets Corporate Debt Pooled Manulife Asset Management Global Opportunistic Allocation Pooled Fund Fund Manulife Asset Management Multi Asset Absolute Return Solution Manulife Asset Management Focused US Large Cap Growth Pooled Fund Manulife Asset Management S&P / TSX 60 Pooled Fund II Manulife Asset Management US Small Cap Value Pooled Fund Fonds Manuvie - HEC Manulife Asset Management Emerging Markets Equity Pooled Fund Manulife Asset Management Global Natural Resources Pooled Fund

The Funds, except for Manulife Asset Management S&P/TSX 60 Pooled Fund II and Manulife Real Asset Fund due to their partnership structure, are not subject to tax on their net income, including net realized capital gains for the taxation year, which is paid or payable to their unitholders as at the end of the taxation year. However, such part of a Fund’s net income and net realized capital gains that is not so paid or payable will be taxable to the Funds. It is the intention of the Funds to pay all net taxable income and all net realized capital gains so that the Funds will not be subject to income taxes. No provision for income taxes has been recorded for Manulife Asset Management S&P/TSX 60 Pooled Fund II and Manulife Real Asset Fund as they are limited partnerships and their annual income (loss) is allocated to their partners, who are responsible for any income taxes applicable thereto. Capital and non-capital loss carry-forwards available in the Funds are presented below, as applicable. The capital losses may be carried forward indefinitely and used to reduce future taxable capital gains and non-capital losses may be used to reduce future taxable income or capital gains for up to twenty years, subject to other limits and restrictions under the Act.

As at June 30, 2018 and December 31, 2017 2018 2017

Capital Non capital Expiry Capital Non capital Expiry losses losses date losses losses date

Manulife Asset Management Money Market Pooled Fund 103 - 103 -

316 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017

Capital Non capital Expiry Capital Non capital Expiry losses losses date losses losses date

Manulife Asset Management Canadian Bond Index Pooled Fund 1,774 - 1,774 - Manulife Asset Management Canadian Core Fixed Income Pooled Fund 915 - 915 - Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund 558 - 558 - Manulife Asset Management Short-Term Bond Pooled Fund 619 - 619 - Manulife Asset Management Short-Term Liability Government Bond Pooled Fund 738 - 738 - Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund 1,110 - 1,110 - Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund 33 - 33 - Manulife Asset Management Canadian Value Equity Pooled Fund - 128 2028 - 128 2028 104 2029 104 2029 Manulife Asset Management Canadian All Cap Focused Equity Pooled Fund - 98 2038 - - Manulife Asset Management US Small Cap Value Pooled Fund - 28 2037 - 28 2037 Manulife Asset Management Global Natural Resources Pooled Fund - 89 2035 - 89 2035 40 2037 40 2037 Manulife Asset Management Global Energy Pooled Fund - 205 2035 - 205 2035 234 2037 234 2037 Manulife Asset Management Global Precious Metals Pooled Fund - 99 2037 - 99 2037 Manulife Asset Management International Equity Pooled Fund 14,350 - 14,350 - Manulife Asset Management Target De-Risking 100 Pooled Fund 110 - 110 - Manulife Asset Management Global Absolute Return Strategies Pooled Fund - 8 2031 - 8 2031 31 2032 31 2032 63 2035 63 2035 Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund 1,064 - 1,064 -

6. RELATED PARTY INVESTMENTS

The Manager is responsible for the overall operations of the Funds and provides administrative services to the Funds including, but not limited to, reporting the net asset value of the Funds and their units, preparing all offering documents for the Funds, and providing all services relating to issuing, and redeeming units of the Funds. Manulife Asset Management Investments Inc., a wholly owned subsidiary of the Manager, is the Funds’ principal distributor. The Manager is also responsible for all investment advice provided to the Funds including providing investment analysis and recommendations, making investment decisions and arranging for the acquisition and disposition of portfolio investments including all necessary brokerage arrangements. Fees for providing these investment management services are included in the management fee. Manulife Asset Management (Hong Kong) Limited, Manulife Asset Management (Europe) Limited and Manulife Asset Management (US) LLC are each indirect subsidiaries of MFC. Each is paid investment sub-advisory fees by the Manager for the active management of the applicable Funds. Manulife Securities Investment Services Inc. and Manulife Securities Incorporated, subsidiaries of MFC, may also distribute units of the Funds in the normal course of business. As such, they may receive commission and trailer fees from the Manager. Each Fund is responsible for the payment of all expenses relating to the operation of the Fund. Operating expenses include audit, legal, transfer agent, custodian and independent review committee fees and any applicable taxes. Expenses incurred by the Manager in providing administration services are charged to the Funds. For certain Funds, the Manager has absorbed certain operating expenses of the Funds and may discontinue absorbing these expenses at any time without notice. The amount of absorbed expenses has been reflected in the Statements of Comprehensive Income.

317 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The related parties’ investments in the Funds are as follows:

As at June 30, 2018 and December 31, 2017 2018 2017

Percentage Percentage of Net Asset of Net Asset Value of the Value of the Security Name/Investee Fair Value Fund (%) Fair Value Fund (%)

Manulife Asset Management Money Market Pooled Fund Investments by related party 44 0.3 49 0.4

Manulife Asset Management Canadian Bond Index Pooled Fund Investments by related party 1,136,731 100.0 1,131,850 100.0

Manulife Asset Management Canadian Core Fixed Income Pooled Fund Investments by related party 461,734 88.4 473,770 88.6

Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund Investments by related party 757,516 77.2 787,539 78.0

Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund Investments by related party 28,856 33.8 30,446 35.1

Manulife Asset Management Canadian Corporate Fixed Income Pooled Fund Investments by related party 39,494 100.0 N/A N/A

Manulife Asset Management Canadian Short Duration Fixed Income Pooled Fund Investments by related party 806 2.9 384 1.7

Manulife Asset Management Short-Term Bond Pooled Fund Investments by related party 39,426 98.7 38,062 98.7

Manulife Asset Management Short-Term Liability Government Bond Pooled Fund Investments by related party 52,971 85.7 46,188 81.1

Manulife Asset Management Short-Term Liability Corporate Bond Pooled Fund Investments by related party 9,120 75.5 7,663 67.7

Manulife Asset Management Mid-Term Liability Government Bond Pooled Fund Investments by related party 106,451 58.8 101,085 55.3

Manulife Asset Management Mid-Term Liability Corporate Bond Pooled Fund Investments by related party 21,661 27.8 757 1.3

Manulife Asset Management Long-Term Liability Government Bond Pooled Fund Investments by related party 80,652 41.1 140,777 54.4

Manulife Asset Management Leveraged Liability Government Bond Pooled Fund Investments by related party 10,495 100.0 N/A N/A

Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund Investments by related party 108,808 100.0 110,443 100.0

Manulife Asset Management Strategic Income Pooled Fund Investments by related party 2,048,648 76.5 1,749,706 71.8

Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund Investments by related party 135,343 100.0 30,784 100.0

Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund Investments by related party 15,626 100.0 16,118 100.0

318 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017

Percentage Percentage of Net Asset of Net Asset Value of the Value of the Security Name/Investee Fair Value Fund (%) Fair Value Fund (%)

Manulife Asset Management Global Diversified Balanced Pooled Fund Investments by related party 1,092 7.3 1,065 7.6

Manulife Asset Management Canadian Large Cap Growth Pooled Fund Investments by related party 69,248 84.6 70,099 84.1

Manulife Asset Management Canadian Equity Index Pooled Fund Investments by related party 742,899 100.0 746,511 100.0

Manulife Asset Management Canadian Core Equity Pooled Fund Investments by related party 22,390 100.0 21,692 100.0

Manulife Asset Management Canadian Value Equity Pooled Fund Investments by related party 19,253 47.7 19,445 48.0

Manulife Asset Management Canadian All Cap Focused Equity Pooled Fund Investments by related party 2,840 49.6 1,741 100.0

Manulife Asset Management US Large Cap Core Pooled Fund Investments by related party 296,384 81.8 316,562 82.8

Manulife Asset Management US Equity Index Pooled Fund Investments by related party 1,218,059 100.0 1,304,343 100.0

Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) Investments by related party 721,208 85.8 679,023 86.0

Manulife Asset Management Focused US Large Cap Growth Pooled Fund Investments by related party 3,343 100.0 2,949 100.0

Manulife Asset Management US Small Cap Value Pooled Fund Investments by related party 4,243 100.0 4,109 100.0

Manulife Asset Management Emerging Markets Equity Pooled Fund Investments by related party 14,682 100.0 14,689 100.0

Manulife Asset Management Global Focus Pooled Fund Investments by related party 60,618 100.0 57,505 100.0

Manulife Asset Management Global Equity II Pooled Fund Investments by related party 2,567 2.2 2,518 2.2

Manulife Asset Management Global Equity Index Pooled Fund Investments by related party 46,214 100.0 44,260 100.0

Manulife Asset Management Global Natural Resources Pooled Fund Investments by related party 2,202 100.0 2,017 100.0

Manulife Asset Management Global Energy Pooled Fund Investments by related party 1,955 100.0 1,825 100.0

Manulife Asset Management Global Precious Metals Pooled Fund Investments by related party 2,160 100.0 2,186 100.0

Manulife Asset Management Global Small Cap Equity Pooled Fund Investments by related party 10,016 100.0 8,123 100.0

319 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

As at June 30, 2018 and December 31, 2017 2018 2017

Percentage Percentage of Net Asset of Net Asset Value of the Value of the Security Name/Investee Fair Value Fund (%) Fair Value Fund (%)

Manulife Asset Management International Equity Pooled Fund Investments by related party 50,483 100.0 48,391 100.0

Manulife Asset Management International Equity II Pooled Fund Investments by related party 158,147 80.7 156,501 81.5

Manulife Asset Management International Equity Index Pooled Fund Investments by related party 663,997 100.0 524,055 100.0

Manulife Asset Management International Small Cap Pooled Fund Investments by related party 6,292 100.0 6,315 100.0

Manulife Asset Management Target De-Risking 80 Pooled Fund Investments by related party 35,853 100.0 34,782 100.0

Manulife Asset Management Target De-Risking 90 Pooled Fund Investments by related party 36,558 100.0 35,838 100.0

Manulife Asset Management Target De-Risking 100 Pooled Fund Investments by related party 180 100.0 177 100.0

Manulife Asset Management Target De-Risking 105 Young Pooled Fund Investments by related party 4,528 100.0 4,358 100.0

Manulife Asset Management Target De-Risking 105 Average Pooled Fund Investments by related party 2,798 100.0 7,801 100.0

Manulife Asset Management Target De-Risking 105 Mature Pooled Fund Investments by related party 831 100.0 826 100.0

Manulife Asset Management Global Opportunistic Allocation Pooled Fund Investments by related party 435 100.0 419 100.0

Manulife Asset Management Multi Asset Absolute Return Solution Investments by related party 80,181 100.0 80,680 100.0

Manulife Asset Management S&P / TSX 60 Pooled Fund II Investments by related party 335,730 70.6 328,593 69.5

Manulife Real Asset Fund Investments by related party 6 - 5 -

Fonds Manuvie - HEC Investments by related party 2,822 100.0 2,765 100.0

MCRA Holdings Inc. Investments by related party 4,525 100.0 N/A N/A

7. TRANSACTION COSTS AND SOFT DOLLAR COMMISSIONS

Transaction costs paid on the purchase and sale of securities are expensed and are reflected in the Statements of Comprehensive Income for financial reporting purposes. In allocating brokerage business, consideration may be given by the investment managers of the Funds to dealers that provide research, statistical, and other services to investment managers (referred to as “soft dollar” arrangements). These services assist the portfolio advisor with their investment decision making for the Funds.

320 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The soft dollar commissions paid to brokers in connection with investment portfolio transactions, if applicable, are provided in the following table:

As at June 30 2018 2017

Manulife Asset Management Canadian Large Cap Growth Pooled Fund -2

8. OFFSETTING OF FINANCIAL ASSETS AND LIABILITIES

As at June 30, 2018 and December 31, 2017, the Funds, where applicable, were subject to International Swaps and Derivatives Association (ISDA) master netting arrangement with their derivative counterparties. All of the derivative assets and liabilities of the Funds, where applicable, are held with these counterparties and the margin balance maintained by the Funds is for the purpose of providing collateral on derivative positions. Each party has the option to settle all open contracts on a net basis in the event of default of the other party, such as failure to pay or deliver; misrepresentation or breach of agreement; or bankruptcy. The following table presents the Fund’s financial assets and liabilities subject to offsetting, enforceable master netting arrangements and similar agreements. The table is presented by type of financial instrument and shows the net impact on the Fund’s Statements of Financial Position if all set-off rights were exercised.

2018 2017 Amounts Eligible for Offset Amounts Eligible for Offset Cash Cash Gross Collateral Gross Collateral Assets/ Financial Received Assets/ Financial Received As at June 30, 2018 and December 31, 2017 Liabilities Instruments (Paid) Net Liabilities Instruments (Paid) Net

Manulife Asset Management Canadian Core Fixed Income Pooled Fund Derivative Assets Forward foreign currency 9 - - 9 115 - - 115 Total 9 --9115--115 Derivative Liabilities Forward foreign currency (71) - - (71) (56) - - (56) Total (71) - - (71) (56) - - (56) Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund Derivative Assets Forward foreign currency 27 - - 27 290 - - 290 Total 27 - - 27 290 - - 290 Derivative Liabilities Forward foreign currency (112) - - (112) (186) - - (186) Total (112) - - (112) (186) - - (186) Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund Derivative Assets Forward foreign currency 188 - - 188 174 (2) - 172 Total 188 - - 188 174 (2) - 172 Derivative Liabilities Forward foreign currency - - - - (91) 2 - (89) Total - - - - (91) 2 - (89) Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund Derivative Assets Forward foreign currency 6 - - 6 6 - - 6 Total 6 --66 --6 Manulife Asset Management Strategic Income Pooled Fund Derivative Assets Forward foreign currency 4,569 2,441 - 7,010 41,097 (751) - 40,346 Total 4,569 2,441 - 7,010 41,097 (751) - 40,346

321 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Derivative Liabilities Forward foreign currency (32,872) (2,441) - (35,313) (2,400) 751 - (1,649) Total (32,872) (2,441) - (35,313) (2,400) 751 - (1,649) Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund Derivative Assets Forward foreign currency 173 97 - 270 1,749 (30) - 1,719 Total 173 97 - 270 1,749 (30) - 1,719 Derivative Liabilities Forward foreign currency (1,302) (97) - (1,399) (101) 30 - (71) Total (1,302) (97) - (1,399) (101) 30 - (71) Manulife Asset Management Emerging Markets Corporate Debt Pooled Fund Derivative Assets Forward foreign currency - - - - 2 - - 2 Total - ---2 --2 Manulife Asset Management Emerging Markets Local Currency Debt Pooled Fund Derivative Assets Forward foreign currency - - - - 4 - - 4 Total - ---4 --4 Derivative Liabilities Forward foreign currency (2) - - (2) - - - - Total (2)--(2)- --- Manulife Asset Management Global Diversified Balanced Pooled Fund Derivative Assets Forward foreign currency - - - - 46 - - 46 Total - - - - 46 - - 46 Derivative Liabilities Forward foreign currency (68) - - (68) - - - - Total (68) - - (68) - - - - Forward foreign currency ------Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) Derivative Liabilities Forward foreign currency - - - - (27) - - (27) Total - - - - (27) - - (27) Manulife Asset Management Emerging Markets Equity Pooled Fund Derivative Assets Forward foreign currency 1 - - 1 - - - - Total 1 --1- --- Manulife Asset Management Global Equity II Pooled Fund Derivative Assets Forward foreign currency 1 - - 1 - - - - Total 1 --1- --- Derivative Liabilities Forward foreign currency (34) - - (34) - - - - Total (34) - - (34) - - - -

322 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management International Equity Pooled Fund Derivative Assets Forward foreign currency 3 1 - 4 - - - - Total 3 1 - 4 - - - - Derivative Liabilities Forward foreign currency (1) (1) - (2) - - - - Total (1) (1) - (2) - - - - Manulife Asset Management International Equity II Pooled Fund Derivative Liabilities Forward foreign currency (5) - - (5) - - - - Total (5)--(5)- --- Manulife Asset Management Multi Asset Absolute Return Solution Derivative Assets Forward foreign currency 91 90 - 181 1,935 (164) - 1,771 Total 91 90 - 181 1,935 (164) - 1,771 Derivative Liabilities Forward foreign currency (823) (90) - (913) (220) 164 - (56) Total (823) (90) - (913) (220) 164 - (56) Manulife Asset Management S&P / TSX 60 Pooled Fund II Derivative Assets Swaps - - - - 439 - - 439 Total - ---439--439 Derivative Liabilities Swaps (98) - - (98) - - - - Total (98) - - (98) - - - - Manulife Real Asset Fund Derivative Assets Forward foreign currency 1 1 - 2 153 (10) - 143 Total 1 1 - 2 153 (10) - 143 Derivative Liabilities Forward foreign currency (200) (1) - (201) (10) 10 - - Total (200) (1) - (201) (10) 10 - -

9. INVESTMENTS IN ASSOCIATES, SUBSIDIARIES AND STRUCTURED ENTITIES

The Funds consider all of their investments in the underlying funds to be investments in unconsolidated structured entities. The purpose of the underlying fund(s) is to invest funds solely for returns from capital appreciation, investment income, or both. The underlying funds finance their operations by issuing redeemable units which are puttable at the holder’s option and entitles the holder to a proportional stake in the respective underlying fund’s net assets. The Funds hold redeemable units in each of their underlying funds. The carrying amount of the Funds’ interests in the underlying fund(s) is recognized in the Investments line of the Statements of Financial Position. The carrying amount of the Funds’ interests in the underlying fund(s) is equal to the maximum exposure to loss. The change in fair value of each underlying fund is included in the Change in unrealized appreciation (depreciation) in the value of investments in the Statements of Comprehensive Income. The Funds’ investments in underlying funds are subject to the terms and conditions of the respective underlying funds’ offering documents and are susceptible to market price risk arising from uncertainties about future values of those underlying funds.

323 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) The Funds have the right to request redemption of its investment in the underlying fund on a daily basis. Once the Fund has disposed of units of an underlying fund, the Funds ceases to be exposed to any risk from that underlying fund. All investments in the structured entities are disclosed in the table below.

As at June 30, 2018 and December 31, 2017 2018 2017 Market Value of Market Value of Net Assets of Investments in Net Assets of Investments in Underlying Fund Name Underlying Fund Underlying Fund Underlying Fund Underlying Fund

Manulife Asset Management Global Diversified Balanced Pooled Fund Invesco International Corporate Bond ETF 175,367 134 - - Invesco Senior Loan ETF 10,281,176 722 - - iShares 1-5 Year Laddered Corporate Bond Index ETF 1,355,330 142 1,551,140 274 iShares Core MSCI Emerging Markets ETF - - 53,683,520 832 iShares Core S&P/TSX Capped Composite Index ETF 4,056,320 156 4,191,420 287 iShares JP Morgan USD Emerging Markets Bond ETF 16,404,458 93 15,375,952 96 iShares MSCI Brazil Capped ETF 8,596,387 218 - - iShares MSCI Finland ETF - - 56,800 142 iShares S&P/TSX Capped Energy Index ETF 951,786 633 - - iShares S&P/TSX Capped REIT Index ETF - - 1,384,450 140 iShares Transportation Average ETF 1,090,135 136 - - Manulife Asset Management Canadian Large Cap Growth Pooled Fund 81,865 677 83,382 657 Manulife Asset Management US Large Cap Core Pooled Fund 362,323 485 382,192 458 Manulife Bond Fund, Series O 1,666,735 2,135 1,483,568 2,121 Manulife Canadian Stock Fund, Series O 980,300 636 557,633 608 Manulife Corporate Bond Fund, Series O 867,194 619 854,206 614 Manulife International Value Equity Fund, Series O 343,359 691 410,635 683 Manulife Strategic Income Fund, Series O 9,287,582 1,128 9,382,984 1,134 Manulife US All Cap Equity Fund, Series O 1,868,989 624 1,739,764 596 PowerShares International Corporate Bond Portfolio - - 203,956 273 SPDR Barclays High Yield Bond ETF 12,462,479 541 15,919,983 251 Vanguard Canadian Aggregate Bond Index ETF 1,641,310 705 1,325,200 1,042 Vanguard Extended Market ETF 8,463,567 446 7,156,625 146 Vanguard Financials ETF - - 9,171,832 138 Vanguard FTSE All World ex-US Small-Cap ETF 6,939,485 140 - - Vanguard FTSE Developed Markets ETF 92,048,046 158 85,772,572 368 Vanguard FTSE Europe ETF - - 23,050,271 344 Vanguard Health Care ETF 9,620,970 280 8,981,496 99 Vanguard Information Technology ETF 26,797,749 376 21,577,303 160 Vanguard S&P 500 ETF 119,636,900 550 104,991,321 525 Vanguard Short-Term Corporate Bond ETF 27,620,162 323 27,168,341 313 Vanguard Total Bond Market ETF 48,170,492 669 46,719,373 1,155 Manulife Asset Management Canadian Equity Index Pooled Fund iShares Core S&P/TSX Capped Composite Index ETF 4,056,320 8,098 4,191,420 7,461 Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) SPDR S&P 500 ETF Trust 338,932,324 2,015 340,441,550 1,888 Manulife Asset Management Emerging Markets Equity Pooled Fund India Fund, Inc. 795,900 497 888,700 546 Manulife Asset Management Global Equity Index Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 1,420 746,511 1,393 Manulife Asset Management International Equity Index Pooled Fund 663,997 14,795 524,055 14,486 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 25,018 1,304,343 23,225 Manulife Asset Management Global Precious Metals Pooled Fund iShares Gold Bullion ETF 321,600 13 349,060 14

324 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Target De-Risking 80 Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 12,020 746,511 11,464 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 981,569 11,887 1,009,899 11,218 Manulife Asset Management International Equity Index Pooled Fund 663,997 5,983 524,055 6,226 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 5,934 1,304,343 5,885 Manulife Asset Management Target De-Risking 90 Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 9,279 746,511 8,956 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 981,569 17,583 1,009,899 16,909 Manulife Asset Management International Equity Index Pooled Fund 663,997 4,841 524,055 5,142 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 4,816 1,304,343 4,832 Manulife Asset Management Target De-Risking 100 Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 33 746,511 32 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 981,569 116 1,009,899 112 Manulife Asset Management International Equity Index Pooled Fund 663,997 18 524,055 17 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 17 1,304,343 15 Manulife Asset Management Target De-Risking 105 Young Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 350 746,511 335 Manulife Asset Management International Equity Index Pooled Fund 663,997 196 524,055 188 Manulife Asset Management Ultra Long Duration Fixed Income Pooled Fund 108,808 3,788 110,443 3,658 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 182 1,304,343 166 Manulife Asset Management Target De-Risking 105 Average Pooled Fund Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 217 746,511 625 Manulife Asset Management Canadian Long Duration Fixed Income Pooled Fund 981,569 2,335 1,009,899 6,503 Manulife Asset Management International Equity Index Pooled Fund 663,997 129 524,055 347 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 117 1,304,343 314 Manulife Asset Management Target De-Risking 105 Mature Pooled Fund Manulife Asset Management Canadian Core Fixed Income Pooled Fund 522,395 689 535,032 682 Manulife Asset Management Canadian Equity Index Pooled Fund 742,899 67 746,511 69 Manulife Asset Management International Equity Index Pooled Fund 663,997 38 524,055 37 Manulife Asset Management US Equity Index Pooled Fund 1,218,059 34 1,304,343 34

325 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Asset Management Global Opportunistic Allocation Pooled Fund Financial Select Sector SPDR Fund - - 41,021,207 15 Invesco Senior Loan ETF 10,281,176 40 - - iShares Core MSCI EAFE ETF 75,506,914 63 52,847,677 68 iShares Core MSCI Emerging Markets ETF 61,337,520 18 53,683,520 31 iShares iBoxx $ Investment Grade Corporate Bond ETF 43,675,765 8 49,028,184 36 iShares JP Morgan USD Emerging Markets Bond ETF 16,404,458 4 15,375,952 19 iShares MSCI Japan Small-Cap ETF 564,251 3 379,897 3 PowerShares Senior Loan Portfolio - - 9,890,161 11 SPDR Barclays High Yield Bond ETF 12,462,479 17 15,919,983 6 SPDR Bloomberg Barclays 1-3 Month T-Bill ETF 4,426,535 26 - - SPDR Bloomberg Barclays International Treasury Bond ETF 1,989,445 37 1,909,308 47 SPDR Bloomberg Barclays Short Term International Treasury Bond ETF 436,297 46 285,738 19 SPDR S&P 500 ETF Trust 338,932,324 71 340,441,550 86 VanEck Vectors J.P. Morgan EM Local Currency Bond ETF 5,583,767 4 5,888,176 9 Vanguard Consumer Discretionary ETF 3,789,875 8 3,000,915 6 Vanguard Energy ETF 5,829,833 6 5,169,784 2 Vanguard Extended Market ETF 8,463,567 23 7,156,625 11 Vanguard Health Care ETF 9,620,970 13 - - Vanguard Information Technology ETF 26,797,749 12 21,577,303 17 Vanguard REIT ETF 40,968,195 7 - - Vanguard Short-Term Corporate Bond ETF 27,620,162 4 27,168,341 4 Vanguard Telecommunication Services ETF - - 1,377,882 2 Vanguard Total Bond Market ETF 48,170,492 14 46,719,373 12 Vanguard Utilities ETF 3,446,466 4 - - WisdomTree Japan Hedged Equity Fund 7,959,938 4 11,853,120 8 Manulife Asset Management Global Absolute Return Strategies Pooled Fund SLI Global SICAV Global Absolute Return Strategies Fund Cl. Z 7,884,394 145,188 9,939,502 198,920 Manulife Asset Management Global Absolute Return Strategies Private Pooled Fund SLI Global SICAV Global Absolute Return Strategies Fund Cl. Z 7,884,394 86,079 9,939,502 158,315 Manulife Asset Management Multi Asset Absolute Return Solution Energy Select Sector SPDR Fund - - 22,731,771 905 Invesco Ultra Short Duration ETF 1,586,421 6,610 - - iShares STOXX Europe 600 Oil & Gas UCITS ETF (DE) - - 853,293 478 SPDR S&P Oil & Gas Exploration & Production ETF 4,089,611 1,133 - - Manulife Asset Management S&P / TSX 60 Pooled Fund II iShares S&P/TSX 60 Index ETF 9,944,330 395 11,099,300 393

326 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Manulife Real Asset Fund BMO Equal Weight REITs Index ETF 518,525 360 487,203 419 BMO Floating Rate High Yield ETF 481,502 224 516,570 119 Energy Select Sector SPDR Fund 25,500,462 152 22,731,771 207 Invesco DB Agriculture Fund 920,236 17 - - Invesco DB Commodity Index Tracking Fund 3,962,987 117 - - Invesco DB Energy Fund 296,575 253 - - iShares 1-5 year Laddered Government Bond Index ETF 715,560 108 798,775 68 iShares Global Infrastructure ETF 3,497,242 61 2,889,578 336 iShares S&P/TSX Capped Energy Index ETF 951,786 223 1,030,680 33 iShares S&P/TSX Capped REIT Index ETF 1,200,230 267 1,384,450 180 iShares U.S. Oil & Gas Exploration & Production ETF 679,366 252 431,376 139 JP Morgan IIF Canadian 2 LP 9,653,111 2,744 8,919,708 2,506 Manulife Asset Management Canadian Bond Index Pooled Fund 1,136,731 217 1,131,850 535 Manulife Canadian Commercial Mortgage Fund, Series X 58,746 7,392 58,328 7,344 Manulife Canadian Private Debt Fund, Series X 227,982 7,808 192,964 7,675 Manulife Canadian Property Portfolio, Series X 861,702 10,149 804,516 9,634 Materials Select Sector SPDR Fund 5,883,661 29 6,175,264 206 MCRA Holdings, Inc. 4,525 4,525 - - PowerShares DB Agriculture Fund - - 803,884 16 PowerShares DB Commodity Index Tracking Fund - - 2,830,364 101 PowerShares DB Energy Fund - - 222,107 168 SPDR Gold Shares 43,373,740 141 43,937,323 102 SPDR S&P Global Natural Resources ETF 2,055,375 506 1,721,503 595 VanEck Vectors Oil Services ETF 2,080,684 65 - - Vanguard Canadian Short-Term Corporate Bond Index ETF 1,228,800 282 1,306,000 66 Vanguard Global ex-U.S. Real Estate ETF 7,921,790 58 7,086,710 31 Vanguard REIT ETF 40,968,195 403 43,522,722 9 MCRA Holdings Inc. Global Timberland and Farmland Fund 243,606 4,537 N/A N/A

327 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts) 10. SECURITIES LENDING

Collateral held is in the form of securities of or guaranteed by the Government of Canada, Canadian provincial and municipal governments, or by the United States government, or by other governments with appropriate credit ratings, or by a Canadian financial institution, but may include commercial paper with an approved credit rating and/or convertible securities. The outstanding value of the securities on loan and the collateral received by the Funds is as follows:

Securities Total Collateral of As at June 30, 2018 and December 31, 2017 on Loan Collateral Securities Loaned (%)

Manulife Asset Management Global Diversified Balanced Pooled Fund 2018 609 697 114 Manulife Asset Management Canadian Equity Index Pooled Fund 2018 43,808 47,133 108 2017 43,767 46,239 106 Manulife Asset Management US Equity Index Pooled Fund 2018 1,851 2,114 114 2017 1,931 2,112 109 Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) 2018 442 525 119 2017 1,351 1,457 108 Manulife Asset Management US Small Cap Value Pooled Fund 2018 40 47 119 2017 11 108 Manulife Asset Management Global Equity II Pooled Fund 2018 1,410 1,532 109 2017 32 34 106 Manulife Asset Management International Equity Pooled Fund 2017 468 494 106 Manulife Asset Management International Equity Index Pooled Fund 2018 6,148 6,527 106 2017 488 514 105 Manulife Asset Management S&P / TSX 60 Pooled Fund II 2018 15,912 17,267 109 2017 13,998 14,774 106 Income earned from securities lending is included in income from securities lending in the Statements of Comprehensive Income. The reconciliation of gross and net securities lending income is as follows: Gross Income from Fees Paid to Securities Net Income from Securities Lending Lending Agent* Securities Lending At at June 30, 2018 and December 31, 2017 (%) of (%) of Gross Income Gross Income Manulife Asset Management Global Diversified Balanced Pooled Fund 2018 2 1 50.0% 1 50.0% Manulife Asset Management Canadian Equity Index Pooled Fund 2018 282 85 30.1% 197 69.9% 2017 410 124 30.2% 286 69.8% Manulife Asset Management Canadian Core Equity Pooled Fund 2018 1 - - 1 100.0% 2017 3 1 33.3% 2 66.7% Manulife Asset Management US Equity Index Pooled Fund 2018 3 1 33.3% 2 66.7% 2017 22 6 27.3% 16 72.7% Manulife Asset Management US Equity Index Pooled Fund (Non-Taxable) 2018 2 - - 2 100.0% 2017 16 4 25.0% 12 75.0% Manulife Asset Management US Small Cap Value Pooled Fund 2018 1 - - 1 100.0% Manulife Asset Management Global Equity II Pooled Fund 2018 5 1 20.0% 4 80.0% 2017 23 6 26.1% 17 73.9%

328 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

NOTES TO FINANCIAL STATEMENTS FOR THE PERIODS ENDED JUNE 30, 2018 AND 2017 (UNAUDITED) ($ in thousands except for per unit amounts)

Fees Paid to Gross Income from Securities Net Income from Securities Lending Lending Agent* Securities Lending At at June 30, 2018 and December 31, 2017 (%) of (%) of Gross Income Gross Income Manulife Asset Management Global Small Cap Equity Pooled Fund 2017 7 1 14.3% 6 85.7% Manulife Asset Management International Equity Pooled Fund 2018 7 2 28.6% 5 71.4% 2017 11 3 27.3% 8 72.7% Manulife Asset Management International Equity Index Pooled Fund 2018 61 18 29.5% 43 70.5% 2017 126 34 27.0% 92 73.0% Manulife Asset Management S&P / TSX 60 Pooled Fund II 2018 14 4 28.6% 10 71.4% 2017 8 3 37.5% 5 62.5% *all Security Lending Agent fees were paid to State Street Bank and Trust

11. COMMITMENTS

As at June 30, 2018 and December 31, 2017, the following Funds had unfunded bridge financing commitments on an agreed term. Upon expiry of the commitment term, the original commitments may be converted into a new bond issue. Fund Name June 30, 2018 December 31, 2017 Manulife Asset Management Canadian Core Plus Fixed Income Pooled Fund 192 - Manulife Asset Management Strategic Income Pooled Fund 5,915 5,448 Manulife Asset Management Strategic Income (ex Tobacco and Marijuana) Pooled Fund 229 223

12. FILING EXEMPTION

In accordance with section 2.11 (c) of National Instrument 81-106 (“NI 81-106”), the Manager, as trustee, general partner and manager of the Funds, has provided notice to the securities regulatory authority that it is relying on the exemption granted by section 2.11 of NI 81-106 and will not be filing the annual or interim financial statements of the Funds.

13. COMPARATIVE BALANCES

The comparative financial statements have been reclassified from the statements previously presented in order to conform to the presentation of the current period financial statements. Certain balances have been combined or disaggregated in order to conform to the current period’s classification of financial statement items.

329 MANULIFE ASSET MANAGEMENT POOLED FUND SEMI-ANNUAL REPORT

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