Manulife Blackrock US Equity Index Fund

Volatility meter U.S. LARGE CAP EQUITYÀ Code 8322 Low (1) High (25) . 10 Manulife BlackRock U.S. Equity Index Fund Based on 3 year standard deviation of the Fund (Registered Plans Only)

How the underlying fund is invested UNDERLYING FUND −> BlackRock CDN US Eq Idx Non−Tax D Objective The BlackRock U.S. Equity Index Fund seeks to achieve investment results that approximate the total return of the S&P 500 Index. To provide broad diversification Cash 0.18% Industrials 11.55% and closely track the S&P 500 Index, the Fund invests very close to the actual index Consumer Discretionary 12.67% weights for each security in the index. Information Technology 18.53% Other 19.85% Managed by BlackRock Asset Management Canada Limited Financials 14.27% Energy 11.50% Fund managers Ed Corallo, Shaun Ong, CFA, Marsha Jong, CFA and Jennifer Hsui, CFA Health Care 11.45%

Top holdings within the underlying Fund Inception date December 1998Total assets $3,363.6 million (As at January 31, 2012) Apple 3.57% Exxon Mobil 3.37% IBM Corp. 1.91% Historical gross returns Microsoft 1.86% Gross rates of return are shown before investment management fees have been Chevron Corp. 1.73% deducted. The solid area represents the gross returns of the Manulife fund since its General Electric 1.66% inception in October 2006. To provide further historical information, the shaded area represents the returns of the underlying fund for the period before the start date of the Johnson & Johnson 1.51% Manulife fund. AT&T Inc. 1.46% MLI BR U.S. Equity Index Procter & Gamble 1.46% BlackRock CDN US Eq Idx Non−Tax D Pfizer 1.38% 20% 15.4 10% 7.5 9.1 5.2 2.8 4.7 −22.9 2.3 −10.5 −20.9 0%

−10% −20% −30% 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 * Only full calendar year returns are shown.

Overall past performance This graph shows how a $10,000 investment in this fund would have changed in value over time, based on gross returns. MLI BR U.S. Equity Index S&P 500 Composite Total Return Idx($Cdn) BlackRock CDN US Eq Idx Non−Tax D $11,000 Primary investment process $10,000 Index $8,975 $9,000 $8,969* Equity style and capitalization $8,000

1 Value Core/Blend Growth $7,000

Large $6,000

$5,000 Medium Mar02 Dec03 Dec05 Dec07 Dec09 Dec11

* For illustration purposes only. Includes mutual/pooled fund performance as indicated. Actual fund performance could Small be expected to vary.

All Cap Annual compound returns (As at February 29, 2012) Source: Manulife Investment Management Services This table shows the historical annual compound total return of the Fund compared with the S&P 500 Composite Total Return Idx($Cdn). Manulife Since inception 1−year 2−year 3−year 5−year inception date MLI BR U.S. Equity Index 6.26% 9.59% 15.44% −1.81% 0.30% Oct 2006 S&P 500 Composite Total 6.49% 9.90% 15.40% −1.82% − Return Idx($Cdn)

Rate of return expectation Over the long term, the Fund is expected to track the performance of the S&P 500 Total Return Index ($ Cdn).

Note: All rates of return are shown before investment management fees or taxes have been deducted.

The rate of return is used only to illustrate the effects of the compound growth rate and is not intended to reflect the future values or returns in the Fund. Source: The Globe and Mail Inc.