Manulife Global Select (MPF) Scheme Monthly Fund Summary

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Manulife Global Select (MPF) Scheme

Monthly Fund Summary

2021 8 31 As at August 31, 2021

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? MPF MPF65

? MPF MPF 3.4.2 MPF 7.2.4(b) MPF 3.4.1 MPF 7.2.4(c) MPF

? MPF

? 65

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Important to note:

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You should consider your own risk tolerance level and financial circumstances

before making any investment choices. When, in your selection of constituent

funds or the Default Investment Strategy ("DIS"), you are in doubt as to whether

a certain constituent fund or the DIS is suitable for you (including whether it is

consistent with your investment objectives), you should seek independent

financial and/or professional advice and make investment choices most suitable

for you taking into account your circumstances.

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The asset allocation of the Manulife MPF Core Accumulation Fund and the

Manulife MPF Age 65 Plus Fund ("DIS CFs") in the DIS and some of the

constituent funds which are referred to as the Retirement Funds will change

over time and hence the risk profile and return will also change over time. The

DIS CFs or the Retirement Funds may not be suitable for all Members. You

should understand the relevant risks involved before investment and consider

factors other than age and review your own investment objectives.

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The Manulife MPF Interest Fund and the Manulife MPF Stable Fund

(collectively the "Guaranteed Funds") under the Scheme each invests solely in

approved pooled investment funds in the form of insurance policy provided by

Manulife (International) Limited. The guarantee is also given by Manulife

(International) Limited. Your investments in the Guaranteed Funds, if any, are

therefore subject to the credit risks of Manulife (International) Limited. Please

refer to sections 3.4.2 (Manulife MPF Stable Fund (the "Stable Fund")) and

7.2.4(b) (Manulife MPF Stable Fund) and sections 3.4.1 (Manulife MPF Interest

Fund (the "Interest Fund")) and 7.2.4(c) (Manulife MPF Interest Fund) of the

MPF Scheme Brochure for details of the credit risks, guarantee features and

qualifying conditions.

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The Manulife MPF Retirement Income Fund (the "Retirement Income Fund")

does not guarantee distribution of dividend, the frequency of distribution, and

the dividend amount/yield. Dividends may be paid out of the realized capital

gains, capital and/or gross income while charging/paying all or part of the fees,

charges and expenses to/out of the capital, resulting in an increase in

distributable income available for dividend distribution. Payment of dividends

out of capital and/or effectively out of capital represent a withdrawal of part of

the original investment or from any capital gains attributable to that original

investment. Distribution of dividends will result in an immediate decrease or

adjustment in the net asset value per unit of the Retirement Income Fund on the

ex-dividend date.

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Members who are below age 65 should note that the regular and frequent

distribution of dividends and reinvestment of such dividends into the Retirement

Income Fund will inevitably involve an investment time-lag during which

dividends are not reinvested and it is subject to out-of-market risk on a recurring

basis (currently, on a monthly basis). With the feature of dividend distribution,

the return of the Retirement Income Fund for these Members may be impacted

negatively or positively as its net asset value per unit may have gone up or

down at the time when dividends are reinvested. Therefore the return of the

Retirement Income Fund for these Members may deviate from that of a

constituent fund with similar investment portfolio without such arrangement and

may not always be advantageous to these Members.

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Investment involves risks and not each of the constituent funds would be

suitable for everyone. You should consider the risks associated with each of the

constituent funds and the DIS and your investments/accrued benefits may

suffer loss.

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Before making your investment choices, you should read the MPF Scheme

Brochure for details including risk factors, fees and charges of the Scheme. You

should not make your investment decision based on this document alone.

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Past performance is not indicative of future performance. Investment involves

risks. Please refer to the MPF Scheme Brochure for details including risk

factors, fees and charges of the Scheme.

 Monthly Fund Summary

Code Constituent Fund

(//) Launch

Date (M/D/YYYY)

Fund Price (HK$)

Equity Funds

SHK137

MPF

Manulife MPF Healthcare Fund

4/2/2008

28.669

SHK128

MPF

Manulife MPF Pacific Asia Equity Fund

12/1/2000

33.498

SHK136

MPF

Manulife MPF China Value Fund

2/1/2006

32.827

SHK126

MPF

Manulife MPF Hong Kong Equity Fund

12/1/2000

27.616

SHK145

MPF

Manulife MPF Hang Seng Index Tracking Fund

4/23/2012

15.572

SHK131

MPF

Manulife MPF Japan Equity Fund

12/1/2000

15.931

SHK129

MPF

Manulife MPF European Equity Fund

12/1/2000

18.967

SHK130

MPF

Manulife MPF North American Equity Fund

12/1/2000

28.478

SHK127

MPF

Manulife MPF International Equity Fund

Mixed Asset Funds

12/1/2000

24.278

SHK124

MPF

Manulife MPF Aggressive Fund

12/1/2000

26.241

SHK134

MPF

Manulife MPF Fidelity Growth Fund

9/1/2003

36.457

SHK123

MPF

Manulife MPF Growth Fund

12/1/2000

24.881

SHK135

MPF

Manulife MPF Fidelity Stable Growth Fund

9/1/2003

25.813

SHK150

MPF

Manulife MPF Retirement Income Fund

9/21/2020

10.937

Target Date Retirement Funds

SHK144

MPF 2045

Manulife MPF 2045 Retirement Fund

2/21/2011

19.297

SHK143

MPF 2040

Manulife MPF 2040 Retirement Fund

2/21/2011

19.128

SHK142

MPF 2035

Manulife MPF 2035 Retirement Fund

2/21/2011

18.882

SHK141

MPF 2030

Manulife MPF 2030 Retirement Fund

2/21/2011

18.131

SHK140

MPF 2025

Manulife MPF 2025 Retirement Fund

2/21/2011

16.641

SHK138

MPF

Manulife MPF Smart Retirement Fund

2/21/2011

14.823

Default Investment Strategy Funds

SHK148/ MPF DIS148 Manulife MPF Core Accumulation Fund

4/1/2017

14.757

SHK149/ MPF 65 DIS149 Manulife MPF Age 65 Plus Fund

4/1/2017

12.310

2021 8 31 As at August 31, 2021

1 Fund Performance1

Cumulative Return (%)

Calendar Year Return (%)

6 Months YTD 1 Year

3 Years

5 Years

10 Years

Since Launch

2016

2017

2018

2019

2020

14.72 14.14 19.38 32.60 50.73 184.53 186.69 -7.31 14.47 -1.70 17.04 7.25

-1.10 4.66 23.75 32.70 68.37 78.45 234.98 4.53 35.48 -13.25 15.03 23.16

-10.71 -4.31 6.41 27.06 62.99 71.14 228.27 -2.60 38.17 -14.45 19.94 22.67

-10.84 -5.94 5.61 17.55 48.39 74.84 176.16 -1.06 46.05 -17.98 14.40 21.11

-9.77

-3.88

4.13

-0.98

25.49

N/A

55.72

2.26

39.20 -11.18 12.08 -1.59

8.64 12.05 25.42 21.91 55.18 131.32 59.31 4.01 22.88 -17.39 20.91 4.61

24.67 27.24 40.99 75.91 99.95 162.30 89.67 1.91 16.33 -15.43 29.55 22.23

21.42 23.33 30.33 60.67 112.60 286.25 184.78 8.07 18.80 -15.05 29.77 26.10

15.24 17.86 28.18 49.81 90.97 182.89 142.78 4.38 21.61 -11.85 23.77 19.60

4.73 8.18 20.22 32.79 64.77 105.06 162.41 0.32 27.98 -13.48 18.31 17.27

1.96 4.17 15.58 27.01 55.63 97.31 264.57 0.20 27.72 -12.68 19.59 14.44

3.61 5.80 15.38 26.89 49.73 75.94 148.81 -0.50 23.20 -11.39 14.78 15.14

1.43 1.35 8.22 20.32 33.97 55.69 158.13 0.61 17.42 -7.64 12.60 12.21

0.68

0.93

N/A

N/A

N/A

N/A

9.37

N/A

N/A

N/A

N/A

8.36#

5.38 8.92 21.28 36.00 69.06 109.43 92.97 0.08 27.94 -13.12 19.25 18.11 5.26 8.73 20.99 35.56 68.03 107.66 91.28 0.04 27.81 -13.29 19.27 18.00 4.95 8.16 19.89 34.10 65.68 104.86 88.82 0.04 27.45 -13.12 18.75 17.60 4.31 6.92 17.41 30.52 59.76 96.27 81.31 -0.08 26.51 -12.61 17.49 16.39 3.25 4.73 13.17 23.96 47.46 78.72 66.41 -0.53 23.56 -11.38 15.05 13.70 3.02 4.15 11.69 23.38 38.22 52.14 48.23 -1.33 18.43 -9.04 12.36 12.97

8.74

8.66

16.01

32.33

N/A

N/A

47.57

N/A

9.52# -5.58 17.09 12.17

3.78

1.60

4.45

18.88

N/A

N/A

23.10

N/A

3.24# -1.38

9.88

8.29

3

 Monthly Fund Summary

2021 8 31 As at August 31, 2021

Code Constituent Fund

(//) Launch

Date (M/D/YYYY)

/ 3, ^^^

Fund Price (HK$) Fund Price (HK$) / Interest 6 Months Rate Declared 3,^^^

1 Fund Performance1

Cumulative Return (%)

Calendar Year Return (%)

YTD 1 Year

3 Years

5 Years

10 Years

Since Launch

2016

2017

2018

2019

2020

Bond Funds

SHK147

MPF

Manulife MPF RMB Bond Fund

12/16/2013

11.670

1.66

2.17

6.58

14.92

16.37

N/A

16.70

-1.29

6.68

0.28

3.52

7.81

SHK146

MPF

Manulife MPF Pacific Asia Bond Fund

4/23/2012

12.283

0.96

-1.30

2.75

16.54

14.07

N/A

22.83

1.39

7.46

-2.76

6.44

9.98

SHK133

MPF

Manulife MPF International Bond Fund

12/1/2000

17.728

-0.02 -2.75 -0.83 7.69 4.27 7.08 77.28 0.43 4.60 -2.31 3.40 7.36

SHK132

MPF

Manulife MPF Hong Kong Bond Fund

12/1/2000

15.650

2.12 0.17 1.44 14.23 11.61 19.51 56.50 -0.44 3.25 0.68 4.43 6.99

Money Market Fund

SHK125

MPF ^

Manulife MPF Conservative Fund ^

12/1/2000

11.344

0.01 0.01 0.05 2.83 3.52 3.84 13.44 0.02 0.19 0.92 1.50 0.85

Guaranteed Funds

SHK122

MPF 2

Manulife MPF Stable Fund 2

DHK121

MPF 3

Manulife MPF Interest Fund 3

12/1/2000 12/1/2000

17.507

08/2021 0.50%

1.77 1.60 5.77 16.31 21.95 33.37 75.07 -1.11 11.49 -5.59 8.20 9.03 0.25 0.33 0.50 1.51 1.95 2.00 14.28 0.01 0.09 0.50 0.50 0.50

Distribution History

Code

Constituent Fund

SHK150

MPF

Manulife MPF Retirement Income Fund

For the Period

8/18/2021

Ex-Dividend Date

8/19/2021

Distribution Unit From Net Distribution

Income (%)

0.033

0.00%

From Capital (%)

100.00%

Annualized Yield (%)

3.74%

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 Monthly Fund Summary

2021 8 31 As at August 31, 2021

Source: Manulife (International) Limited (Incorporated in Bermuda with limited liability)

1

Constituent fund performance is calculated on the basis of NAV(net asset value)-to-NAV in Hong Kong Dollar, does not include the dividend per unit, and is net of all charges.

2

MPF

Manulife MPF Stable Fund (the "Stable Fund"): Manulife (International) Limited is the guarantor. Investors are provided with an interest guarantee for each month equal to the prescribed savings rate published by the MPFA. The guarantee is subject to: 1) the contribution must be received in cleared funds before the member's 55th birthday; and 2) occurrence of pre-determined events (members must hold their investment in this constituent fund to normal retirement at the age of 65, or in case of death, or total incapacitation prior to retirement) or in the event of terminal illness. Redemption effected other than the occurrence of the pre-determined events or in the event of terminal illness is fully exposed to fluctuation in the value of the constituent fund's underlying assets. The guarantee will be provided once and only in a lump sum applicable to the relevant account and all its sub-accounts when withdrawal is effected as a result of the pre-determined events, and will be provided with respect to the relevant account/sub-account withdrawn in the event of terminal illness. There will be special arrangement in case of withdrawal by instalments as a result of the member attaining his normal retirement age of 65 (one of the pre-determined events); the guarantee will be provided as if a lump sum withdrawal is taken place. Thereafter, no further guarantee will be available from the Stable Fund for the account being claimed by the member. Please refer to the MPF Scheme Brochure for detailed features of the guarantee.

3

MPF

3.4.1 MPF 7.2.4(c) MPF

MPF

3.4.1 MPF

Manulife MPF Interest Fund is a non-unitized bond fund of the Manulife Global Select (MPF) Scheme that provides a capital guarantee and aims to provide members with

interest each month at a rate that equals to or exceeds the prescribed savings rate published by the Mandatory Provident Fund Schemes Authority. The actual interest rate

shall be declared by Manulife Provident Funds Trust Company Limited at its sole discretion at the recommendation of Manulife (International) Limited at the end of the month.

Please refer to sections 3.4.1 (Manulife MPF Interest Fund (the "Interest Fund")) and 7.2.4(c) (Manulife MPF Interest Fund) of the MPF Scheme Brochure for details of the

credit risks and guarantee features. Manulife (International) Limited is the guarantor. The guarantee features of Manulife MPF Interest Fund (the "Interest Fund") are subject

to the credit risks of the guarantor. Dividends are credited to and invested in the Interest Fund which is subject to relevant risks such as the credit risks of the guarantor as

well as fees and charges applicable to the Interest Fund. Please refer to sections 3.4.1 (Manulife MPF Interest Fund (the "Interest Fund")) of MPF Scheme Brochure for a

detailed description of the Interest Fund, particularly the investment objective and risks.

The 1-year, 3-year, 5-year & 10-year performance of the constituent fund will be available 1 year, 3 years, 5 years and 10 years respectively after the launch date.

#

Constituent fund performance from launch date to end of that calendar year.

^

(i)(ii) MPF (i)

Fees and charges of a MPF conservative fund can be deducted from either (i) the assets of the fund or (ii) members' account by way of unit deduction. The Manulife MPF

Conservative Fund uses method (i) and, therefore, any unit prices/NAV/fund performance quoted for the constituent fund have incorporated the impact of fees and charges.

^^^ 2005 2 1

The historical rates declared have already taken into account of the guaranteed prescribed savings rates. Effective from February 1, 2005, the guarantee on prescribed savings rates for the declared rates has been removed. The Fund Performance of Interest Fund is derived from relevant declared rates compounded monthly.

MPF 2020 9 21

.hk

Manulife MPF Retirement Income Fund (the "Retirement Income Fund") aims to distribute dividend on a regular basis. Currently, it is intended that the Retirement Income Fund will distribute dividend on a monthly basis starting from the seventh month (or earlier as advised by the investment manager of the underlying first level APIF if it considers appropriate) after the launch date of September 21, 2020. Prior to the first month commencing distribution of dividend in each calendar year, a dealing day of each month for that calendar year will be pre-determined as the record date ("record date"). The NAV per unit of the Retirement Income Fund on the next dealing day immediately following the record date ("ex-dividend date") will be decreased or adjusted to reflect the distribution of dividend. The schedule of the pre-determined record dates and ex-dividend dates of each month for each calendar year will be made available at .hk as soon as practicable prior to the first record date of that calendar year. If a date falls on a non-dealing day, then it will be carried out on the next dealing day.

65 65

The amount of dividend will be allocated to the account/sub-account of the relevant Members and reinvested in either the Retirement Income Fund or invested in the Interest Fund based on the Member's age as at the record date. For member below age 65 as at the record date, dividend will be reinvested to subscribe units of the Retirement Income Fund. For Member at or above age 65 as at the record date, dividend will be credited to the Interest Fund, which will be subject to relevant risks such as the credit risks of the guarantor as well as fees and charges applicable to the Interest Fund.

Net Distributable Income means the net investment income (i.e. dividend income and/or interest income net of fees, charges and expenses) and includes net realised gains, if any. Net Distributable Income does not include net unrealised gains.

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