2. Manulife Mawer Family of Funds

3. Agenda Strong brand name Well-defined investment process
Proven track record
Funds that you can grow with
As an advisor we know that you select funds based on the following items.
Strong brand name
Mawer is one of Canada’s oldest and largest independent investment counseling firms
Well-defined investment process
Proven process – A systematically built diversified portfolio of wealth creating companies
Consistent track record
Mawer is consistently being recognized and awarded by its peers and the industry
A fund that you can grow with
Making it work for you

4. Strong Brand Name

5. Funds Under Management
Why Manulife?
S&P - AAA
Capital $28.4 Billion
Manulife’s stability, financial strength, global presence and innovation
means we can deliver exceptional products as part of a broadly
supported solutions approach for you and your clients.
As you saw in the video there is strength in our numbers:
S&P – AAA rating
Capital - $28.4 Billion
Income $4.1 Billion
Size - $400 Billion Funds Under Management
Manulife Financial employs approximately 21,000 people worldwide and
partners with thousands of distributors to serve millions of customers in
19 countries and territories around the globe. (Source: Manulife Q4/07
Fact Sheet, December 31, 2007)
According to the major rating firms, Manulife’s financial strength and claims paying ratings are among the strongest in the insurance industry.
Standard and Poor’s - AAA – only insurance company in Canada
FitchRatings – AA+
AM Best – A++
Moodys Investors Service – Aa1
Dominion Bond Rating Service – IC-1
Income $4.1 Billion
Size $400 Billion
Funds Under Management
Note: All numbers quoted are in $Cdn.
Source: Capital and Size - Manulife Fact Sheet, April 30, Income for twelve months Dec 2007.

6. Manulife Mutual Funds Providing a World of Diversification
By offering investment portfolios that span the globe, Manulife Mutual Funds is your launch point to a world of investment expertise.
Our global mandates feature highly respected institutional managers who are renowned for their research capabilities and depth of vision within the markets where they invest.

7. Access to “best-in-class” Money Managers

8. A Powerful Team: Manulife + Mawer
Exclusivity arrangement to Manulife
Proven performance
Award winning portfolio management
Access to GARP style (Growth at a Reasonable Price)
Complements existing fund line up
Benefit from Manulife’s marketing capabilities
Access to Manulife’s distribution channel/ sales force
Lower minimum investment provides new market
I’m very excited today to tell you about a new family of funds being offered at Manulife: The Manulife Mawer Family of Funds.
Manulife Mutual Funds has teamed up with Mawer Investment Management to create an exclusive arrangement whereby they will manage some of their key funds under the Manulife name. What this means to you as an advisor is that you now have access for your client’s to Mawer’s award winning line up of funds with Manulife’s lower minimum investment amount $500 (vs. $5000 for Mawer) and a wider range of series options to choose from (Mawer is only available in class F).
One of the things we’ve heard repeatedly from advisors is that they want proven performance before even considering investing in a mutual fund. All of the Funds offered in the Manulife Mawer Family of Funds, with the exception of the Manulife Mawer Tax-Managed Growth Fund, are all based on Mawer’s existing line up of Funds. The same portfolio managers are managing the Funds. The same investment philosophy and process is being used. And the same underlying investments are being bought (though amounts may differ due to cash flow differences).
Through this arrangement Manulife now has a family of funds that utilizes the GARP investment philosophy which complements our existing line up of value, deep value, growth and CORE funds. Of course, all funds available in corporate class can be switched without causing a tax consequence. So who is Mawer?
Next Slide

9. Who is Mawer?
One of Canada’s oldest and largest independent investment counseling firms
Headquartered in Calgary, Alberta; founded in 1974
Approximately $5.2 billion in assets under management
Mawer is one of Canada’s oldest and largest independent investment counseling firms.
The company was started by Commander Charles (Chuck) N. Mawer in 1974 at the age of 57. He retired at the age of 78 in 1995 and has since passed away in October 2006.
The firm is an independent corporation controlled by twelve investment professionals.
Approximately 26 employees
The investment management team offers investment expertise across all asset classes. The support team includes specialists in marketing and sales, technology and information systems, portfolio administration, accounting, and client service.
Manages a broad variety of portfolios and mandates
Demonstrated their ability to profit under all market conditions for the past 20 years
Provides consistent, steady portfolio management
Next Slide
Source: Mawer Investment Management Ltd, as at April 30, 2008.

10. The Manulife Mawer Family of Funds
Fund Name
Investment Category
Manulife Mawer World Investment Class*
International Equity
Manulife Mawer Tax-Managed Growth Fund**
Global Equity
Manulife Mawer Global Small Cap Fund
Global Small-Mid Cap Equity
Manulife Mawer Diversified Investment Fund
Global Equity Balanced
Manulife Mawer U.S. Equity Fund
U.S. Equity
Manulife Mawer Canadian Equity Class
Canadian Equity
Manulife Mawer Canadian Bond Fund
Canadian Fixed Income
These are the Funds that are offered in the Manulife Mawer Family of Funds. As you can see, this family covers the spectrum of investment mandates from Global equity to Canadian Equity.
Note
Manulife Mawer World Investment Class was formerly named Manulife World Investment Class and has been available from Manulife since August 2006.
Manulife Mawer Tax-Managed Growth Fund was formerly named Manulife Tax-Managed Growth Fund and has been available since August Mawer started managing the Fund in September The Fund was formerly managed by AMI Partners.
Next Slide
*Formerly named Manulife World Investment Class.
**Formerly named Manulife Tax-Managed Growth Fund .

11. A Well-defined Investment Process

12. Manulife Mawer Portfolio Managers
Manulife Mawer World Investment Class
Manulife Mawer Diversified Investment Fund Manulife Mawer Tax-Managed Growth Fund
Manulife Mawer Canadian Equity Class
Gerald Cooper-Key, CFA
Honorary Chairman
Craig Senyk, CFA
Director of Portfolio Management
Jim Hall, CFA, MBA
Director of Investment Research
Manulife Mawer World Investment Class
Manulife Mawer U.S Equity Fund
Manulife Mawer Canadian Bond Fund
Manulife Mawer Global Small Cap Fund
Gerald Cooper-Key is Honorary Chairman and Portfolio Manager at Mawer Investment Management Ltd., which he joined in He has managed the Mawer World Investment Fund, since its inception.  As part of the investment management team, he monitors investment style to ensure consistency within the firm and assumes primary responsibility for the research and analysis of international equities. He also manages portfolios for institutional clients. Mr. Cooper-Key was also voted the 2007 Morningstar Fund Manager of the Year.
Craig Senyk is Director of Portfolio Management and responsible for the tax-effective overlay strategy at Mawer Investment Management Ltd.  He is the manager for the Mawer Canadian Diversified Investment Fund and is also responsible for institutional client management.  Mr. Senyk serves on the firm's management committee which is responsible for the development and execution of the firm's strategic plan. Mawer Investment Management Ltd. was one of the pioneering firms in Canada to recognize and manage the impact of taxes for investors. As the portfolio manager for the tax-effective strategies for the firm, Mr. Senyk works to ensure that the clients of the firm retain as much of their pre-tax return on an after-tax basis as possible. He has researched, written and spoken on a number of after-tax strategies as they apply to the Canadian investor and taxpayer. Mr. Senyk has been with Mawer since Previously, he was a Trader at Green Line Investor Services from 1996 to Prior to joining Green Line Investor Services in 1996, he was employed at the Royal Bank in Edmonton, which he joined in 1995.
Jim Hall is Director of Investment Research at Mawer Investment Management Ltd., which he joined in He is the Manager of the Mawer Canadian Equity Fund, the Mawer Canadian Equity Institutional Pooled Fund (which won Best Canadian Equity Pooled Fund at the Canadian Investment Awards in 2007), and is a member of the management team for the Mawer New Canada Fund. He specializes in the research and analysis of Canadian equities. Mr. Hall serves on the firm's management committee which is responsible for the development and execution of the firm's strategic plan.
David Ragan is a Director and Portfolio Manager at Mawer Investment Management Ltd., which he joined in 2004.  He is the co-manager for Mawer's international equity mandates, including the Mawer World Investment Fund, and the back up manager for the Mawer Global Small Cap Fund.  Mr. Ragan is also a member of Mawer's Mutual Fund Oversight Committee (MFOC).
Darrell Anderson is a Director and Portfolio Manager at Mawer Investment Management Ltd., which he joined in He is the manager of the Mawer U.S. Equity Fund.  As a member of the investment management team, he specializes in the research and analysis of U.S. equities and manages the firm's U.S. equity portfolios.  Mr. Anderson is the Chairman of Mawer's Mutual Fund Oversight Committee (MFOC).
Michael is a Director and Portfolio Manager at Mawer Investment Management Ltd., which he joined in He is the Manager of the Mawer Canadian Money Market Fund, the Mawer Canadian Bond Fund and the Mawer Canadian Bond Institutional Pooled Fund. He is also a member of the asset allocation team. Michael specializes in the research and management of Canadian fixed income securities. His primary responsibility at Mawer is the management of the firm's fixed income mandates
Paul Moroz is a Director and Portfolio Manager at Mawer Investment Management Ltd. He is the asset class manager for the Mawer Global Small Cap Fund, launched in October 2007, and a member of Mawer’s equity research team, involved in the investment process for Canadian, U.S. and International equities.
Next Slide
David Ragan, CFA
Director
Darrell Anderson, CFA, FCSI
Director
Michael Crofts, CFA,
Director
Paul Moroz, CFA
Director

13. Mawer GARP Philosophy
“We believe we can provide our investors with better than market rates of return with less than market levels of risk over a year-long cycle.”
Gerald Cooper-Key
This is a quote that appeared in an article for the Calgary Herald on December 7, The article interviewed Gerald Cooper-Key and asked him how he would describe Mawer’s philosophy. The rest of the quote is as follows: “we believe that, that’s why we don’t follow an index. Risk management is a very important part of managing money and risk management is more than just diversifying, its knowing the company, its doing the proper due diligence…it’s a bit of a road map”
Mawer has been described as being index insensitive and what that means is that they don’t try to follow the index but rather build a portfolio from the names up, from the bottom. This has helped as they have avoided chasing fads.
Next Slide
Source: Calgary Herald December 7, 2007.

14. Mawer’s Investment Approach
There are four pillars upon which each portfolio is built: 1 2 3 4
Systematic Process
Wealth-creating companies
Discount to intrinsic value
Broadly diversified portfolios
Investment Approach: Mawer Investment Management Ltd. systematically creates broadly diversified portfolios of wealth-creating companies bought at discounts to their intrinsic values.
There are four key ideas in this investment approach upon which all portfolios are built:
1) Systematic Process
Having a standardized investment approach ensures that the process is repeatable and that results can be replicated as much as possible with successive portfolio managers. Following this investment approach systematically is what should enable Mawer to take advantage of the market opportunities identified in their investment philosophy. They believe that a systematic approach ensures discipline, enhances efficiency, minimizes errors and reduces risk.
2) Wealth-Creating Companies (Key Pillar)
They focus only on companies that create wealth, or those that deliver a return on capital greater than their cost of capital over time. Mawer believes that this is the main reason to assume investment risk. It implies that they do not buy companies just because they are "cheap" and that they will ignore those companies which do not offer the prospect of earning a satisfactory return on invested capital.
3) Discount to Intrinsic Value (Key Pillar)
Once Mawer have identified a wealth-creating company, they try to buy it at a discount to its intrinsic value, or the price an objective, well-informed businessperson would pay for the company. It is not enough to know that a company is wealth-creating. One must also know how much wealth it is expected to create in order to know how much to pay for a share of the enterprise. Our primary tool for estimating intrinsic value is a discounted cash flow model.
4) Broadly Diversified Portfolios
Given Mawer’s concern with investment risk, and not just investment return, their portfolios are broadly diversified by industry and economic sensitivity. Please note, though, that they are not driven by their exposure relative to underlying index weights. Portfolios are concentrated in names.
Next Slide

15. Screening (Idea Generation) Portfolio Construction
Systematic Process
Guiding Philosophy
Screening (Idea Generation)
Monitor & Review
Intensive Analysis
Mawer’s goal is to continually improve and refine the process to ensure it can be repeated in the portfolio regardless of the manager over the next 100 years.
The whole firm uses the same philosophy and process.
Mawer ensures a repeatable process which means that if you buy a unit of the Fund today, you know that it will have the same quality 50 years from now.
The Fund’s discipline has allowed the Fund to avoid major missteps such as the technology collapse in 2001 and During that time, non-tech names such as Barclays PLC and Peugeot SA were among the fund's largest holdings.
Screening: Quantitative screening as well as external ideas, from third party analysts help narrow the list of companies from the investment universe. Internally analysts share ideas.
Mawer understands business models transcend borders quite well and leverage off ideas of other managers at Mawer, looking for business models that have been successful in Canada and will be around the world.
Intensive Analysis: The Fund’s portfolio managers also meet company management better understand their processes and whether they are a good fit in the Portfolio.
Portfolio Construction: Using this process, Mawer takes the best ideas and constructs a portfolio.
Monitor and Review: The Fund employs Internal and external eyes. They look through new information and constantly gauge if the fundamental investment case is affirmed or torn apart.
The Fund also employs external analysts of investment dealers to act as local eyes and ears to see if investment fundamentals have changed.
Portfolios are diversified by geography, sector, market cap, and sensitivity
Many eyes – internal & external – monitor the holdings daily
Next Slide
Portfolio Construction

16. Wealth-creating Companies
Porter’s Five Forces
Competitive Advantages?
Strong Management?
Return of Capital > Cost of Capital?
Suitable Companies
One of the key things Mawer focuses on are wealth creating companies which is basically a company that has a greater return on its invested capital than its cost of capital. Surprisingly, a lot of companies don’t.
Wealth-creating companies typically have some or all of the following attributes:
Return on Capital > Cost of Capital: When return on capital is greater than the cost of capital a firm is worth more each day and is called wealth creating rather that wealth destroying. It implies that Mawer does not buy companies just because they are "cheap" and that they will ignore those companies which do not offer the prospect of earning a satisfactory return on invested capital.
Competitive Advantages: High returns attract competitors, which in turn drives returns of the whole industry down. Mawer looks for firms with the ability to preserve its competitive advantages with patents.
Porters 5 forces: 1. Customer Power 2. Supplier Power 3. Threat of new entrants 4. Threat of substitutes 5. Intensity of rivalry, is the industry competitive like the auto or airline industry where returns are low? Or do competitors play “nice”, like wireless communications firms?
Strong Management: Is management likely to create more wealth creating projects and have a long term focus? Mawer will not invest if management does not have a similar long term philosophy as Mawer
These steps build a picture of how difficult or easy the firm will be able to create wealth. Mawer relates firms that do not meet these tests as “swimming against the current,”
Next Slide

17. Discount to Intrinsic Value
Mawer Believes:
Great Company
Reasonable Price +
Mawer believes that: Great Company + Reasonable Price = Great Investment
They look at indicators of value like P/E, EV/EBITA, P/BV
They also look for a margin of safety in all stock picks
Mawer has their own proprietary Discounted Cash Flow (DCF) Model that sums up all the cash generated by an investment over perpetuity, discounted back to its value today, which results in a share value.
The DCF model also has a Monte Carlo Overlay which changes variables (margins, sales growth, etc.) to find new share prices in thousands of scenarios.
This proprietary process also helps provide a better understanding of the company and the sensitivities of the valuation.
The benefits to the investor of this in-depth, rigorous analysis is that each stock is carefully scrutinized to make sure that it meets Mawer’s standards before being added to the portfolio.
Next Slide =
Great Investment

18. A Mawer Purchase Decision
Umicore
Buy
Lets now look at a purchase decision.
Umicore
The genesis of this investment was an appreciation of the Iron Ore industry – 80% of the market is controlled by 3, huge companies. Platinum is very much like the Iron Ore industry in this regard. Looking at the companies involved in platinum mining, Mawer was unable to find a company that met their philosophy and enjoyed significant competitive advantages. Working up and down the value chain (from mining companies to processors to users, etc.) and looking at suppliers/consumers to this industry, eventually they came across Umicore.
Umicore is a Belgian “metals technology” company. They specialize in platinum group metals’ (“PGM”) application and recycling. They are one of three manufacturers of catalytic converters (which have growing complexity and increased demand coming from emerging markets), and have some special techniques that can save their clients money by utilizing less PGM in the catalytic converter. Umicore is also the largest recycler of PGMs. Their recycling ability is so good, the actually achieve a higher recovery rate than the industry standard and get to keep the extra precious metals. They also have expertise in other elements used in solar power, batteries, night vision systems, and many more. Since Umicore spun out their Zinc smelting division, the company has focused its operations on areas where they have strong competitive advantages and can earn a high return on capital. The shares were (and still are, but less so) priced in a similar manner to a normal commodities company, except Umicore had been and is now much more focused on differentiated products where they should be able to earn high returns in a much more stable manner.
Bought November 2006 at Euros
Add December 2006 at Euros
Add April 2007 at Euros
Add July Euros
Add November Euros
This is a position that they continue to hold and look at.
Next Slide
Source: Bloomberg 01/02/04 – 04/08/08.
For illustration purposes only.

19. Sell Discipline in Action
Zhejiang Expressway
Buy
Trim
Sell
Mawer Sell Discipline:
-no longer wealth creating -not at a discount to its intrinsic value -too risky -better opportunities elsewhere
Zhejiang Expressway - Sold it January for about HK$ 8.60
This is a Chinese toll road operator that also held a securities dealer. The company has good growth potential and good assets, however the Chinese market has been on fire for the past few years. Zhejiang, along with most other Chinese companies, appreciated quickly and to a point where we estimated that there was little chance of Zhejiang’s actual growth being able to support the valuation. The shares were no longer at a discount to their intrinsic values (much more downside risk than upside on valuation) and we had better options elsewhere for the capital, so we sold the position.
Built the position and received good dividends over , but the stock took off with general market euphoria in China and when its securities division became a large division of interest. We trimmed our exposure three times on valuation concerns. Despite the general market outlook deteriorating from September 2007 to January 2008, the shares remained high, so we finally sold the rest of the position in January.
The initial position was built starting March/April of 2004, for about 5.50 HKD per share
Added in June of 04 at
Added in September of
Added in Jan/Feb of 05 at
Added in Feb of 06 at
Added in April of 06 at
Added in December of
Added in May of 07 at
Trimmed in September of
Trimmed in November of
Sold the rest in January of
Next Slide
Source: Bloomberg 01/03/05 – 04/08/08
For illustration purposes only.

20. Proven Track Record

21. Why Mawer: Industry Recognition
2008
International Equity Fund year risk adjusted performance
2007
International Equity Fund -10 year risk adjusted performance
Global Balanced – Equity Focused – 10 year risk adjusted performance
Mawer is constantly being recognized and winning awards. Award programs like Lipper and the Canadian Investment Awards help validate a manager’s approach and are typically given to Fund managers that show consistent results which are what most clients want. A Fund that blows the lights out in one year but with a weak or no track record will not win an award. Funds with excessive risk will also not typically win either.
The following are some recent Lipper Award announcements for 10 year risk adjusted performance.
The Lipper Fund Award is part of a global programme of events, held in 21 countries, to reward funds that have delivered consistently strong risk-adjusted performance relative to their peers.
Next Slide

22. Mawer Industry Recognition
2007
Fund Manager of the Year
Best Canadian Equity Pooled Fund
Best International Equity Pooled Fund
International Equity Fund of the Year
Winner in 2002, 2003, 2005
Finalist in 2004 and 2006
Mawer also does well at the Canadian Investment Awards.
In addition to the awards listed on this slide, they have also won:
Best Place to Work 2007 (Calgary Inc Magazine)
Craig Senyk won Top 40 under 40 (one of Calgary’s top business people under 40)
These awards help to show the kind of environment that Mawer cultivates.
Note: Fund Manager of the Year was won by Gerald Cooper-Key
Next Slide

23. Excellent Morningstar Ratings
Fund
Morningstar Rating
Mawer World Investment Fund*
Manulife Tax-Managed Growth Fund
Mawer Canadian Diversified Investment Fund
Mawer Canadian Equity Fund*
Mawer Canadian Bond Fund
Mawer U.S. Equity Fund
These are the Funds that are offered in the Manulife Mawer Family of Funds. As you can see, this family covers the spectrum of investment mandates from Global equity to Canadian Equity.
Note
Manulife Mawer World Investment Class was formerly named Manulife World Investment Class and has been available from Manulife since August 2006.
Manulife Mawer Tax-Managed Growth Fund was formerly named Manulife Tax-Managed Growth Fund and has been available since August Mawer started managing the Fund in September The Fund was formerly managed by AMI Partners.
Next Slide
* Morningstar Fund Analyst Picks
As of April 30, 2008 Morningstar Research Inc. All rights reserved. The information contained herein: is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from this information. The Morningstar Risk-Adjusted Rating, commonly referred to as the Star Rating, relates the risk-adjusted performance of a fund to that of its category peers and is recalculated monthly. A fund scoring between the top 10% to 22.5% of its fund category receives five or four stars respectively. The overall Star rating for a fund is a weighted combination of its three, five, and ten year performance history. Overall ratings are adjusted where a fund has less than five or ten year’s history. Go to for more details on the calculation of Morningstar Risk-Adjusted Ratings.

24. Why Mawer: Downside Protection
Average Outperformance vs. Benchmarks and Peer Groups During 6 Month Down Markets
Fund vs Peers
Fund vs Benchmark
6.00%
6.0%
5.05%
5.18%
3.91%
4.0%
3.36%
4.0%
3.0%
2.67%
2.44%
2.21%
2.0%
2.0%
1.0%
0.0%
0.0%
One of the key attributes of the Mawer investment philosophy is the ability to protect on the downside. The graphs on this slide show the average out performance of Mawer Funds over their peers and the indexes since the inception of the Funds during 6-month periods of down markets (ie. when the Fund’s benchmark was negative).
These graphs show that when markets fall, Mawer Funds haven’t fallen as much as either the index or the average fund. The result is that client’s lose less money.
Notes:
Mawer Diversified Investment (inception date: January 1, 1988): 60% MSCI World/ 40% Lehman Bros = Globe Global Balanced Peer Index
Mawer U.S Equity (inception date: December 10, 1992): S&P 500 (CDN$) = Globe U.S Equity Peer Index
Mawer World Investment (inception date: November 6, 1987): MSCI EAFE (CDN$) = Globe International Peer Index
Mawer CDN Equity (inception date: June 3, 1991): S&P/TSX Total Return = Globe CDN Equity Peer Index
Next Slide
Mawer Canadian
Diversified
Investment Fund
Mawer U.S. Equity
Fund
Mawer World
Mawer Canadian
Mawer Canadian
Mawer U.S. Equity
Fund
Mawer World
Mawer Canadian
Investment
Equity Fund
Diversified
Investment
Equity Fund
Fund
Investment Fund
Fund
Source: Globe HySales® – all 6 month down periods since inception of each fund. As at April 30, 2008.
For illustration purposes only .

25. Why Mawer: Reliable Performance
# of Calendar Years with Positive Returns*
Mawer World Investment Fund Inception Date: November 6, 1987
14/20
Mawer Canadian Diversified Investment Fund Inception Date: January 1, 1988
17/19
Mawer U.S Equity Fund Inception Date: December 10, 1992
11/15
Mawer Canadian Equity Fund Inception Date: June 3, 1991
11/16
Manulife Tax- Managed Growth Fund Inception Date: Aug 23, 2001
5/6
Mawer Canadian Bond Fund Inception Date: June 14, 1991
14/16
Another attribute of Mawer Funds is that they provide reliable performance. This chart shows the # of positive calendar years that the Funds have had. The benefit of this is obvious: clients are happiest when they are not losing money and are making money.
Next Slide
*Since inception of Fund (as listed)
Source: PALTrak as of April 30, 2008

26. 1st Quartile Performance
Fund
3 mo.
6 mo.
1 yr.
3 yr.
5 yr.
10 yr.
15 yr.
Mawer World Investment Fund 1
Mawer Canadian Diversified Investment Fund 2
Mawer U.S Equity Fund
Mawer Canadian Bond Fund
Mawer Canadian Equity Fund 3
Manulife Tax-Managed Growth Fund
N/A
The Funds also enjoy 1st quartile status in most time periods.
*Important to note that although Mawer Canadian Equity Fund is not first quartile, the fund was selected as the Morningstar Analyst pick. Mawer’s GARP strategy will typically provide positive returns although will not necessarily outperform in growth markets like Canada is currently enjoying. They will typically outperform during down markets.
Next Slide
Source: PALTrak as of April 30, 2008.
Note: Manulife Tax-Managed Growth Fund 10 year and 15 year performance unavailable due to inception of fund August 2001.

27. Outperforms Competitors3
mo. 6
YTD 1
yr. 5 10
Since
Inception*
Mawer World Investment Fund
6.1
-3.2
-2.1
-4.7
11.5
14.0
6.5
8.9
Median International Equity - MF
4.9
-5.7
-3.3
-12.0
6.2
10.5
1.9
N/A
Mawer Canadian Diversified Investment Fund
3.8
-0.7
-0.4
0.1
7.8
9.7
8.2
Median Global Equity Balanced - MF
3.0
-1.4
5.3
7.6
3.2
Manulife Tax-Managed Growth Fund
2.7
-5.5
-3.8
-2.6
8.0
8.3
Median Global Equity - MF
3.3
-5.1
-3.1
-9.9
4.8
1.1
Mawer U.S Equity Fund
0.9
Median U.S Equity - MF
-4.4
-14.2
-0.8
1.5
-1.8
Mawer Canadian Equity Fund
5.9
-5.3
16.3
9.5
10.3
Median Canadian Equity - MF
6.0
0.0
1.6
16.9
Mawer Canadian Bond Fund
4.5
2.2
4.7
5.0
5.2
7.1
Median Canadian Fixed Income -MF
2.0
The #s shaded in green show out performance over the median fund in the category. In almost all cases Mawer outperforms.
Next Slide
Fund performed better than category median
Source: PALTrak as of April 30, 2008.

28. Three Great Reasons to Invest
Award winning performer
History of outperformance during down markets
Proven long-term returns
Summary:
Now advisors and their clients have access to Mawer for a lower minimum investment through Manulife Investments. Mawer Investment Management has provided proven investment management since The results speak for themselves:
- 4 & 5 Star Morningstar Funds
- Award winning fund management
- outperformance in down markets
- Proven Track Record
The end result is the peace of mind that comes from dealing with a large stable, dependable organization like Manulife and the knowledge that your client’s money is being managed by “best in class” managers with a proven track record.
Next Slide

29. Funds That You Can Grow With

30. Manulife Mawer Diversified Investment Fund

31. Outstanding Performance
Growth of $10,000
Mawer Canadian Diversified Investment Fund
$60,000
$50,000
$50,125
$40,000
$41,315
$30,000
$30,206
$20,000
$10,000
Managed by Mawer Investment Management Ltd.,
Manulife Mawer Diversified Investment Fund is based upon 5 Star Morningstar rated Mawer Canadian Diversified Investment Fund
Ranked 1st Quartile on a 1,3, 5, 10, 15 year basis
In this illustration, an investment of $10,000 earned $19,919 more than peers and $8,810 more than the blended index since inception $0
Jan-88
Oct-88
Jul-89
Apr-90
Jan-91
Oct-91
Jul-92
Apr-93
Jan-94
Oct-94
Jul-95
Apr-96
Jan-97
Oct-97
Jul-98
Apr-99
Jan-00
Oct-00
Jul-01
Apr-02
Jan-03
Oct-03
Jul-04
Apr-05
Jan-06
Oct-06
Jul-07
Apr-08
Mawer Canadian Diversified Investment Fund
Blend: 60% MSCI World, 40% Lehman Bros
Globe Global Balanced Peer Index
Source: Globe Hysales as of April 30, 2008 since inception of Mawer Canadian Diversified Investment Fund: January 1, 1988
For illustration purposes only.

32. Performance During Last Bear Market
August 2000 – March 2003
Mawer Canadian Diversified Investment Fund
$12,000
$11,000
$10,000
$ 9,772
$9,000
$8,000
$ 7,957
$ 7,175
Mawer Funds have typically outperformed during down markets. This slide shows how a $10,000 investment in the Fund beat its index by 23% during the last bear market and its peer group by 36% during the last bear market. The Fund has outperformed its index 81% of the time during down markets.
Next Slide
$7,000
$6,000
Aug-00
Jun-01
Apr-02
Feb-03
Mawer Canadian Diversified Investment Fund
Blend: 60% MSCI World, 40% Lehman Bros
Globe Global Balanced Peer Index
Source: Globe Hysales: Aug 31, 2000 – March 31, 2003
For illustration purposes only

33. Strong Risk-adjusted Returns
5-Year Risk/Return
Mawer Canadian Diversified Investment Fund
12.0
Mawer Canadian
10.0
Diversified
Investment
Fund
8.0
Globe Global
Balanced Peer
Index
6.0
Blend: 60% MSCI
World, 40%
Lehman Bros
5 Year Return (%)
4.0
Captures greater returns with less relative risk than its peer group or index on a 5-year basis
Next Slide
2.0
0.0
4.0
4.5
5.0
5.5
6.0
6.5
7.0
7.5
8.0
5 Year Standard Deviation (%)
Source: Globe HySales® as of April 30, 2008.
For illustration purposes only.

34. Manulife Mawer Diversified Investment Fund
Compensation
Manulife Mawer Diversified Investment Fund
Fund Code
Trailer
Commission
Front-End
EPL
1.00%
0 – 5.00%
DSC
0.50%
5.00%
Low Load
2.00%
Series F
NEG
N/A
Elite Series I
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more than $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

35. Manulife Mawer Canadian Equity Class

36. Providing Solid Performance
10 Year Growth of $10,000
Mawer Canadian Equity Fund
$24,845
$18,567
$21,858 $0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
Apr- 98
Apr- 00
Apr- 02
Apr- 04
Apr- 06
Apr- 08
Mawer Canadian Equity Fund
Globe Canadian Equity Peer Index
S&P/TSX Total Return
Managed by Mawer Investment Management Ltd., 2007 winner of the Canadian Equity Pooled Fund of the Year
Based upon Morningstar Fund Analyst pick, Mawer Canadian Equity Fund
Managed by Jim Hall, manager of Mawer Canadian Equity and Mawer Canadian Equity Pooled Fund
In this illustration, an investment of $10,000 outperformed the peer group by $6,278 and the index by $2,987.
Next Slide
Source: Globe HySales® as of April 30, 2008.
For illustration purposes only.

37. Performance During Last Bear Market
August 2000 – September 2002
Mawer Canadian Equity Fund
$12,000
$11,000
$10,000
$9,915
$9,000
$8,000
$7,313
$7,000
Mawer Canadian Equity Fund:
Historically, overall has outperformed the S&P/TSX and the peer group during the last down market, from July 2000 to September 2002.
Beat the S&P/TSX by 72% and its peer group 36% during the last bear market
Next Slide
$6,000
$5,679
$5,000
Aug-
Oct-
Dec-
Feb-
Apr-
Jun-
Aug-
Oct-
Dec-
Feb-
Apr-
Jun-
Aug-
Sep- 00 00 00 01 01 01 01 01 01 02 02 02 02 02
Mawer Canadian Equity Fund
Globe Canadian Equity Peer Index
S&P/TSX Total Return
Source: Globe HySales® : August 2000 – Sept 2002.
For illustration purposes only.

38. Consistency Mawer Canadian Equity Fund
Outperformance In Any 12 Month Down Period Since 2000
Mawer Canadian Equity Fund
Mawer Canadian
Equity Fund
-4.60%
-0.02
S&P/TSX Composite
Total
Return Index
-9.60%
-0.04
-0.06
-0.08
Median Canadian
Equity Fund
-13.60%
-0.1
Since Jim Hall took over as manager in January 2000, Mawer Canadian Equity Fund has lost less money than the index or median.
Next Slide
-0.12
-0.14
-0.16
Frequency of Loss:
12%
33%
32%
Source: Morningstar Analyst Report February 22, 2008.
For illustration purposes only.

39. Manulife Mawer Canadian Equity Class
Compensation
Manulife Mawer Canadian Equity Class
Fund Code
Trailer
Commission
Front-End
EPL
1.00%
0 – 5.00%
DSC
0.50%
5.00%
Low Load
2.00%
Series F
NEG
N/A
Elite Series I
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more than $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

40. Manulife Mawer U.S. Equity Fund

41. Outperforming The Average U.S. Equity Fund
Growth of $10,000 Since Inception
Mawer U.S. Equity Fund $0
$5,000
$10,000
$15,000
$20,000
$25,000
$30,000
$35,000
$24,916
$21,463
Manulife Mawer U.S Equity Fund is based upon Mawer U.S Equity Fund and managed by Mawer Investment Management Ltd.
Mawer U.S. Equity Fund has:
Outperformed its category average by 16% since inception
Delivered superior returns to its category average for periods from 3 months, 6 months, 1 year, 2 years, 3 years, 5 years, 10 years and 15 years *
*Globe HySales as of April 30, 2008
Next Slide
Dec-92
Nov-94
Oct-96
Sep-98
Aug-00
Jul-02
Jun-04
May-06
Apr-08
Mawer U.S. Equity Fund
Globe U.S. Equity Peer Index
Source: Globe HySales® as of April 30, Inception date: December 10, 1992.
For illustration purposes only.

42. Performance During Last Bear Market
August 2000 – March 2003
Mawer U.S. Equity Fund
$11,000
$10,000
$9,000
$8,000
$7,556
$7,000
Mawer Funds have typically outperformed during down markets.
This slide shows how the Fund surpassed the S&P 500 by 30% and its peer group by 38% during the last bear market .
Additional Speaking Point
The Fund has outperformed the S&P % of the time during down markets since its inception.
Next Slide
$6,000
$5,792
$5,482
$5,000
Aug-
Oct-
Dec-
Feb-
Apr-
Jun-
Aug-
Oct-
Dec-
Feb-
Apr-
Jun-
Aug-
Oct-
Dec-
Feb- 00 00 00 01 01 01 01 01 01 02 02 02 02 02 02 03
Mawer U.S. Equity Fund
Globe U.S. Equity Peer Index
S&P 500 Composite Total Return Index ($Cdn)
Source: Globe HySales® : Aug 2000 – March 2003.
For illustration purposes only.

43. Downside Protection Average Outperformance of Mawer U.S. Equity Fund
During All 6 Month Down Markets
2.21%
2.44%
2.10%
2.15%
2.20%
2.25%
2.30%
2.35%
2.40%
2.45%
2.50%
2.55%
2.60%
Outperformance vs. S&P 500 Index ($Cdn)
Outperformance vs. Globe U.S. Equity Peer Index
This slide shows the amount of out performance the Fund has achieved since its inception in all 6 month down markets, to April 30, 2008.
The Fund beat the S&P 500 by an average of 2.21% and its peer group by 2.44% in all 6 month down periods.
Next Slide
Source: Globe HySales® : all 6 month down periods since inception of Mawer U.S Equity Fund – December 10, 1992 – at April 2008.
For illustration purposes only.

44. Manulife Mawer U.S. Equity Fund
Compensation
Manulife Mawer U.S. Equity Fund
Fund Code
Trailer
Commission
Front-End
EPL
1.00%
0 – 5.00%
DSC
0.50%
5.00%
Low Load
2.00%
Series F
NEG
N/A
Elite Series I
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more than $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

45. Manulife Mawer Canadian Bond Fund

46. Leader Among Canadian Bond Funds
Mawer Canadian Bond Fund -1 1 2 3 4 5 6 7 8
Rate of Return %
Managed by Mawer Investment Management Ltd.
Manulife Mawer Canadian Bond Fund is based upon Mawer Canadian Bond Fund
Mawer Canadian Bond Fund is ranked 1st decile on a 6 month, and 1 year basis*
*source: GlobeHySales as of April 30, 2008
Next Slide
3 Months
6 Months
1 Year
3 Years
5 Years
10 Years
15 Years
Mawer Canadian Bond Fund
1.56%
4.49%
4.68%
3.85%
4.96%
5.17%
6.49%
Median
1.33%
3.43%
3.10%
3.05%
4.09%
4.41%
5.86%
Number of Funds
333
317
284
226
200 95 60
Rank 87 29 28 57 48 23 17
Quartile Ranking 2 1
Source: Globe HySales® as of April 30, 2008.
Median is the Canadian Fixed Income category.

47. Minimize Risk In Your Equity Portfolio
Allocate 10% or 20% of the Mawer Canadian Bond Fund (MCBF) To Your Portfolio
Result: Risk decreases
Result: Returns stay the course
Add 10% MCBF
Add 20% MCBF
S&P/TSX
“Which leads to…”
Risk (%)
Risk decreases
Add 20% MCBF
Add 10%
MCBF
Return (%) 2 4 6 8 10 12
11.00
11.50
12.00
12.50
13.00
13.50
14.00
14.50
15.00
10.9%
10.6%
10.3%
By adding 10 or 20% of Mawer Canadian Bond Fund to an equity portfolio you can significantly reduce risk while marginally diminishing your returns. For this example we used the S&P/TSX index.
Next Slide
Source: Globe HySales® as of April 30, 2008 since inception of Mawer Canadian Bond Fund: June 1991.
For illustration purposes only.

48. Better Risk-adjusted Performance
Mawer Canadian Bond Fund
Add10% MCBF
Add 20% MCBF
S&P/TSX
0.74
0.78
0.82
Return/Risk
0.68
0.70
0.72
0.76
0.80
0.84
0.86
0.88
90% S&P/TSX 10% Mawer Cdn. Bond Fund
80% S&P/TSX 20% Mawer Cdn. Bond Fund
By adding 20% MCBF, the return per unit of risk (return/risk)
increases from 0.74 to 0.82
The end result is…
Better risk adjusted performance.
Next Slide
For illustration purposes only. Source: Globe HySales® s as at April 30, 2008, since inception of Mawer Canadian Bond Fund, June 1991.

49. Manulife Mawer Canadian Bond Fund
Compensation
Manulife Mawer Canadian Bond Fund
Fund Code
Trailer
Commission
Front-End
EPL
0.50%
0 – 5.00%
DSC
0.25%
5.00%
Low Load
2.00%
Series F
NEG
N/A
Elite Series I
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more than $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

50. Manulife Mawer Tax-Managed Growth Fund

51. Helping You Keep More of Your Money
Growth of $100,000 at 8% per annum using 3 year after-tax pre-liquidation ratios
Manulife Mawer Tax-Managed Growth Fund
$465,406
$414,474
$354,754
99.9% Ratio - Manulife Mawer Tax-Managed Growth Fund
92.1% Ratio – Average Global Equity Mutual Fund
81.7% Ratio – Average All Mutual Funds $0
$50000
$100000
$150000
$200000
$250000
$300000
$350000
$400000
$450000
$500000 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20
An investor with Manulife Mawer Tax-Managed Growth Fund would have kept over $50,000 more than the average global equity mutual fund and over $110,000 more than the average mutual fund.
The After-Tax pre-liquidation ratio is the percentage of a fund’s pre-tax return that a hypothetical taxable investor is able to keep after paying taxes on the fund’s interest income, dividend or capital gain distributions.
In the above scenario, you would keep almost all of your returns (99.9%), whereas with the average global equity mutual fund and average mutual fund, you would lose almost 8% and 18% respectively to tax. Compounded over time this can make a big difference
Source: PALTrak as of April 30, 2008 using 3 year Tax Efficiency Pre Liquidation Ratios.
For illustration purposes only.
Manulife Mawer Tax-Managed Growth Fund previously Manulife Tax-Managed Growth Fund.

52. Outperformance of Mawer
Manulife Tax-Managed Growth Fund
Growth of $10,000
Since September 2005
$11,264
$10,760
$10,992
$8,000
$9,000
$10,000
$11,000
$12,000
$13,000
$14,000
Sep- 05
Oct- 05
Dec- 05
Feb- 06
Apr- 06
Jun- 06
Aug- 06
Oct- 06
Dec- 06
Feb- 07
Apr- 07
Jun- 07
Aug- 07
Oct- 07
Dec- 07
Feb- 08
MSCI World ($Cdn)
Manulife Tax-Managed Growth Fund
Globe Global Equity Peer Index
Apr- 08
1st quartile on a 1, 2, & 3 year basis
Since Mawer took over (September 2005), it has received an average annual return of 6.33% vs. 5.03% and 4.23% for the index and the average global equity fund respectively
Source: Globe HySales® September 30, 2005 to April 30, 2008.
For illustration purposes only.

53. Better Risk-adjusted Returns
Manulife Tax-Managed Growth Fund
3 Year Risk/Return 8 7 . 6 5
Return (%) 4 3 2
Top 10% in terms of Sharpe ratio, Globe HySales® April 30, 2008
Next Slide 1 7
7.5 8
8.5 9
9.5
Risk (%)
Globe Global Equity Peer Index
Manulife Tax-Managed Growth Fund
MSCI World ($Cdn)
Source: Globe HySales® as of April 30, 2008.
For illustration purposes only.

54. Manulife Mawer Tax-Managed Growth Fund
Compensation
Manulife Mawer Tax-Managed Growth Fund
Fund
Fund Code
Trailer
Commission
Front-End
EPL562
1.25%
0 – 5.00%
DSC
EPL462
0.50%
5.00%
Low Load
EPL762
1.00%
2.00%
Series F
EPL662
NEG
N/A
Elite Series I
EPL862
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

55. Manulife Mawer World Investment Class

56. Mawer World Investment Fund: Growth of $10,000 Since Inception
Superior Growth
Mawer World Investment Fund:
Growth of $10,000 Since Inception
$70,000
$60,000
$56, 997
$50,000
$40,000
$34, 278
$33, 276
$30,000
$20,000
Manulife World Investment Class is managed by Gerald Cooper-Key who also manages Mawer World Investment Fund. Manulife World Investment Class and Mawer World Investment Fund are very similar funds in that they both are managed by Gerald Cooper-Key, both use the same investment process and style. This chart shows how successful, Gerald Cooper-Key has been since the inception of Mawer World Investment Fund (November 1987).
Mawer World Investment Fund is the third oldest international equity fund in Canada. (#1 is Mac Universal International Stock (Sep 85), #2 is TD International Equity-I (Aug 87)) – Source Paltrak
Since inception Mawer World Investment Fund has:
Earned 66% more than the MSCI EAFE index and
Earned 71% more than its peers since
Next Slide
$10,000 $0
Nov-87
Oct-90
Sep-93
Aug-96
Jul-99
Jun-02
May-05
Apr-08
Mawer World Investment Fund
MSCI EAFE ($Cdn)
Globe International Equity Peer Index
Source: Globe HySales® as of April 30, 2008, Mawer World Investment Fund data prior to June 1989 provided by Mawer Investment Management. Mawer World Investment Fund inception date November For illustration purposes only. Performance histories are not indicative of future performance.

57. Solid Outperformance In All Markets...
Mawer World Investment Fund
Rolling 36 month Up/Down-market outperformance
82%
87%
18% 0%
13%
100%
20%
40%
60%
80% Up
Down
All Markets
% of time fund outperforms benchmark
Outperforms
Underperforms
Average Rolling 36 month Annualized Return
10.02%
6.64%
6.35% 2% 4% 6% 8%
10%
MSCI EAFE ($Cdn)
Globe International
Equity Peer Index
In terms of value add, Mawer World Investment Fund out performs the MSCI EAFE:
87% of the time in all markets
100% of the time in down markets
82% of the time in up markets
The average 3 yr return that the Fund achieves is 10.02%.
Next Slide
Source: Globe HySales® as of April 30, Mawer World Investment Fund inception date November For illustration purposes only. Performance histories are not indicative of future performance.

58. Manulife Mawer World Investment Class
Compensation
Manulife Mawer World Investment Class
Fund
Fund Code
Trailer
Commission
Front-End
EPL8521
1.00%
0 – 5.00%
DSC
EPL8421
0.50%
5.00%
Low Load
EPL8721
2.00%
Series F
EPL8621
NEG
N/A
Elite Series I
EPL8821
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

59. Manulife Mawer Global Small Cap Fund

60. Global Small Caps Have Historically Provided Superior Growth
Growth of $10,000 of Global Small Cap Index
$60,000
$50,000
$42,188
$40,000
$34,683
$30,000
$20,000
This slide shows the growth of $10,000 for the S&P/Citigroup global equity index (<$1B) since its inception vs the MSCI World.
Mawer Global Small Caps Fund was incepted in September 2007 so is a very new fund without performance data. The fund invests in small caps under <$3b
We are very excited about this fund because the global small cap universe for is quite concentrated. Around 29 different global small/ mid cap mandates available.
Why global small caps?
More opportunities: Consider that the number of large Canadian companies (defined as having a market cap greater than $3 Billion) is 111. Extending the universe to include small Canadian companies opens the door to another 1,330 opportunities. Expanding further to include global small caps widens the universe by more than 15,000 investment opportunities. Source: Mawer Insight newsletter volume #10 December 31, 2007
Small cap companies have more potential to grow: small nimble companies can focus on a certain product or service and can react quickly to exploit opportunities, while larger peers may overlook such projects as being economically insignificant
Offers added diversification to a portfolio
And lastly, Mawer’s competitive advantage
Less research coverage: obtaining information on small obscure companies often takes much more time and effort than with large publicly traded companies where information is readily available. Mawer talks personally to the company’s senior management team to complete their due diligence and have their questions answered. The extra effort that Mawer dedicates to researching small companies provides them with a tremendous opportunity to find attractive companies at inexpensive prices. This process of investing globally in small caps is something that Mawer has always been doing in their portfolios so it is a natural evolution for them to launch a small cap fund.
Next Slide
$10,000 $0
Jul- 89
Oct- 90
Jan- 92
Apr- 93 94 95 97 98 99 00 02 03 04 05 07 08
S&P/Citigroup Global Equity Index (<$1B market cap, $Cdn)
MSCI World ($Cdn)
Source: Standard & Poors & Globe HySales® July 1989 – April 30, 2008.
For illustration purposes only.

61. Global Small Caps Offer Similar Risk to Broader Index
Risk (Standard Deviation) %
14.13%
13.49% 10 11 12 13 15 16
S&P/Citigroup Global Equity Index (<$1B market cap, $Cdn)
MSCI World ($Cdn)
Growth Potential Without Significantly Higher Risk
Relatively speaking global small caps have comparable risk to the MSCI World index. This chart shows comparable standard deviation.
Next Slide
Source: Standard & Poors & Globe HySales® July 1989 – April 30, For illustration purposes only.

62. Small Caps Have Recovered Quicker From Bear Markets
Growth of $10,00 After Last Bear Market
April 2003 – April 2008
S&P/Citigroup Global Equity Index (<$1B market cap, $Cdn)
MSCI World ($Cdn)
$16,946
$14,625
$10000
$12000
$14000
$16000
$18000
$20000
$22000
$24000
Apr-03
Oct-03
Apr-04
Oct-04
Apr-05
Oct-05
Apr-06
Oct-06
Apr-07
Oct-07
Apr-08
One of the most compelling reasons in this type of market to consider small caps is that small caps recover quicker from bear markets. This graph shows the difference in growth between the global small cap index and the MSCI World after the bear market in March Although the two indices have gotten more in line with each other, at its peak on March 31, 2007 the small cap index was $22,959 vs. $17,332 (diff of $5,627).
In this slide the S&P/Citigroup Global Equity (<1b market cap) would have earned $2,321 or 16% more.
Next slide
Source: Standard & Poors & Globe HySales® April 30, 2003 – April 30, For illustration purposes only.

63. Manulife Mawer Global Small Cap Fund
Compensation
Manulife Mawer Global Small Cap Fund
Fund Code
Trailer
Commission
Front-End
EPL
1.00%
0 – 5.00%
DSC
0.50%
5.00%
Low Load
2.00%
Series F
NEG
N/A
Elite Series I
About Elite Series Looking for a way to reduce management expense ratios for your mutual fund clients and get more control over your fee revenue?
Elite pricing is available to clients with more than $100,000 to invest in a single fund, in a single account
Minimum subsequent purchase is $10,000 per fund, per client account
Specifically, the Elite Pricing Series provides:
A fixed management fee
Reduced fund expenses
Customizable advisor fee
How it works
Orders will only be accepted once an Elite Pricing Series dealer agreement has been signed by your firm
Indicate your annualized advisor fee rate on the signed client agreement, which accompanies your Elite Pricing Series order
Manulife will redeem the management fee and customized advisor fee quarterly from the client’s account and will remit the advisor fee to your dealership.
Fund expenses will remain embedded in the daily NAV of the Fund, as they are for Advisor Series

64. Important Notes
The information provided in this presentation is for advisor use only and is not intended for the general public
The performance of the Mawer mutual funds does not mean that the Manulife Mawer mutual funds will provide the same returns
Performance histories are not indicative of future performance
Manulife Funds and Manulife Corporate Classes are managed by Manulife Mutual Funds, a division of Elliott & Page Limited
Manulife Investments is the brand name identifying the personal wealth management lines of business offered by The Manufacturers Life Insurance Company (Manulife Financial) and its subsidiaries in Canada
Manulife and the block design are registered service marks and trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates including Manulife Financial Corporation

65. Thank You