2004 News Releases

Waterloo, ON– Manulife Investments is offering its independent advisors across Canada a new online investment tool called Manulife Portfolio Select to help them manage their clients’ assets and establish documented investment strategies.

Manulife Investments offers a variety of asset allocation portfolios for mutual and segregated funds – Manulife Portfolio Select was designed to help advisors recommend appropriate asset allocation portfolios for their clients. This new service helps advisors assess clients’ investment objectives and risk tolerances, then select portfolios tailored to client’s unique needs.

An integral part of Manulife Portfolio Select is the advisor’s ability to create an Investment Policy Statement for each of their clients. The Investment Policy Statement fully documents the investment strategy agreed upon between the client and advisor, while also helping to provide a base to review future investment performance.

“Manulife Portfolio Select enhances the wide range of sales support tools Manulife Investments offers to its Canadian advisors, allowing them to more easily know, assist and benefit their clients,” said Eric Grove, Vice President, Manulife Investments. “When backed by annual reviews, the client’s Investment Policy Statement can establish whether they are on course to achieve their financial objectives, while also helping them recognize any need to change direction.”

Key features:
Among key elements of Manulife Portfolio Select are:

• A professionally designed online questionnaire to document client goals and risk tolerance;
• A comprehensive selection of Manulife Asset Allocation Portfolios suited for registered and non-registered accounts;
• An integrated process to select mutual or segregated funds;
• Fund manager monitoring through Manulife’s i-Watch process, and;
• A customized Investment Policy Statement for clients and their advisor, based on their responses and risk profile.

Client benefits
“Investors can be confident that their portfolios are accurately aligned with their goals and risk tolerances. In addition, their Investment Policy Statement helps keep them focused on their original financial plans, which we know is a key component to achieving better results over time,” Mr. Grove added. “The Investment Policy Statement also helps maintain a highly disciplined approach to managing assets, which is a benefit for both investors and their professional advisors.”

About Manulife Investments
Manulife Investments is the brand name describing certain Canadian subsidiaries and operating divisions of Manulife Financial Corporation that offer personal wealth management products and services in Canada. As one of Canada's leading integrated financial services providers, Manulife Investments offers a variety of products and services including segregated funds, mutual funds, annuities and guaranteed investment contracts.

About Manulife Financial
Manulife Financial is a leading Canadian-based financial services group operating in 15 countries and territories worldwide. Through its extensive network of employees, agents and distribution partners, Manulife Financial offers clients a diverse range of financial protection products and wealth management services. Funds under management by Manulife Financial were Cdn$150.8 billion as at September 30, 2003.

Manulife Financial Corporation trades as ‘MFC’ on the TSX, NYSE and PSE, and under ‘0945’ on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

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For more information about Manulife Investments, visit www.manulife.ca/investments.

Media contact:
Tom Nunn
Manulife Financial
(519) 594-8578
tom_nunn@manulife.com