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TORONTO, April 5, 2018 /CNW/ - Manulife Investments today announced the receipt of the required approvals from securityholders to proceed with the previously announced mutual fund mergers and investment objective changes.

Applicable securityholders of each of the following terminating and/or continuing funds have provided their approval of the applicable fund mergers:

Notwithstanding the receipt of the requisite securityholder approval, the mergers of these funds also require the approval of the Canadian securities regulators before such mergers may be affected.

The following merger proposals were withdrawn prior to the meeting and will not be implemented at this time:

Results of Vote on Investment Objective Changes

Applicable securityholders of each of the following funds have provided their approval for an investment objective change effective April 6, 2018:

• Manulife Dividend Income Private Pool
• Manulife Dividend Income Fund
• Manulife Dividend Income Class
• Manulife Canadian Focused Fund
• Manulife Canadian Focused Class
• Manulife Money Market Private Trust
• Manulife Canadian Bond Plus Fund
• Manulife Dollar-Cost Averaging Fund

About Manulife Investments

Manulife Investments, a division of Manulife Asset Management Limited, builds on 125 years of Manulife's wealth and investment management expertise in managing assets for Canadian investors. As one of Canada's leading integrated financial services providers, Manulife Investments and its affiliates offer a variety of products and services including exchange traded funds, segregated fund contracts, mutual funds, annuities and guaranteed interest contracts.

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people achieve their dreams and aspirations by putting customers' needs first and providing the right advice and solutions. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had approximately 34,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of December 31, 2017, we had over $1.04 trillion (US$829.4 billion) in assets under management and administration, and in the previous 12 months we made $26.7 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

SOURCE Manulife Financial Corporation

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