Prospectus - Manulife Insurance Berhad

Message from the CeopageIDear Valued Investor,At Manulife Asset Management Services Berhad (formerly known as Manulife Unit Trusts Berhad), weoffer a comprehensive range of funds for investors’ diversified investment appetites in achieving theirfinancial goals. We pride ourselves at Manulife in developing forward-thinking financial solutions tomeet our customer’s needs.Thank you for considering making an investment in our Manulife Shariah - Dana Ekuiti (“the Fund”)which is an Islamic equity fund that focuses its investment in Shariah-compliant equity and/or equityrelatedsecurities.The Fund aims to achieve capital growth over the medium to long term by investing primarily in Shariahcompliantequities and/or equity-related securities. Please refer to page 12 of Chapter 1, Key Dataand pages 21 to 27 of Chapter 3, Detailed Information on the Fund for a better understanding of theinvestment strategy employed by the Manager to achieve the objective of the Fund.The Fund is suitable for investors who have a medium to long term investment horizon and a high risktolerance.All investments carry some form of risk. The risk profile of the Fund will very much depend on theunderlying investments of the Fund. Some of the specific risks related to the Fund are company specificrisk and reclassification of Shariah status risk. You may refer to pages 17 to 20 of Chapter 2, Risk Factorsfor a better understanding of the above risks.The following are some of the fees and charges which you may incur when investing in the Fund:• a Sales Charge of up to 5.50% of the NAV per Unit;• an annual management fee of 1.55% of the NAV of the Fund per annum calculated and accruedon a daily basis; and• an annual trustee fee of 0.04% of the NAV of the Fund per annum calculated and accrued on adaily basis.Please refer to pages 28 and 29 of Chapter 4, Fees, Charges and Expenses for the full details on the feesand charges which you may incur when investing in the Fund.If you have any queries about the information in this Prospectus or would like to know more aboutthe Fund, please feel free to contact our customer service at 03-2719 9228 or e-mail my_utservice@manulife.com. Alternatively, you may contact our unit trust consultants at our regional support centreslisted in the Corporate Directory section.We look forward to being of service to you.Best wishes,Edward Ooi Tee HeeExecutive Director/Chief Executive OfficerProspectus in respect of the Manulife Shariah - Dana Ekuiti

TABLE OF CONTENTspageIICHAPTER 11: TAX ADVISER’S LETTER 61CHAPTER 12: ADDITIONAL INFORMATION 6612.1 Updates relating to the Fund 6612.2 Unclaimed Moneys Policy 6612.3 Anti-Money Laundering Policies and Procedures 6612.4 Customer Service 67CHAPTER 13: CONSENTS 68CHAPTER 14: DOCUMENTS AVAILABLE FOR INSPECTION 69CHAPTER 15: APPROVALS AND CONDITIONS 70Prospectus in respect of the Manulife Shariah - Dana Ekuiti

RESPONSIBILITY STATEMENTSAND STATEMENTS OF DISCLAIMERpage1Responsibility StatementsThe first Prospectus in respect of the Manulife Shariah - Dana Ekuiti has been reviewed and approvedby the directors of Manulife Asset Management Services Berhad (formerly known as Manulife UnitTrusts Berhad) and they collectively and individually accept full responsibility for the accuracy of theinformation. Having made all reasonable enquiries, they confirm to the best of their knowledge andbelief, there are no false or misleading statements, or omission of other facts which would make anystatement in the first Prospectus false or misleading.Statements of DisclaimerThe Securities Commission Malaysia has authorized the Manulife Shariah - Dana Ekuiti and a copy ofthis first Prospectus has been registered with the Securities Commission Malaysia.The authorization, and the registration of this first Prospectus, should not be taken to indicate thatthe Securities Commission Malaysia recommends the Manulife Shariah - Dana Ekuiti or assumesresponsibility for the correctness of any statement made or opinion or report expressed in this firstProspectus.The Securities Commission Malaysia is not liable for any non-disclosure on the part of Manulife AssetManagement Services Berhad (formerly known as Manulife Unit Trusts Berhad), the managementcompany responsible for the Manulife Shariah - Dana Ekuiti and takes no responsibility for thecontents in this first Prospectus. The Securities Commission Malaysia makes no representation onthe accuracy or completeness of this first Prospectus, and expressly disclaims any liability whatsoeverarising from, or in reliance upon, the whole or any part of its contents.INVESTORS SHOULD RELY ON THEIR OWN EVALUATION TO ASSESS THE MERITS AND RISKSOF THE INVESTMENT. IN CONSIDERING THE INVESTMENT, INVESTORS WHO ARE IN DOUBTON THE ACTION TO BE TAKEN SHOULD CONSULT PROFESIONAL ADVISERS IMMEDIATELY.No Units of the Manulife Shariah – Dana Ekuiti will be issued or sold based on this first Prospectuslater than 1 year after the date of this first Prospectus.Investors are advised to note that recourse for false or misleading statements or acts made inconnection with this first Prospectus is directly available through sections 248, 249 and 357 of theCapital Markets and Services Act 2007.The Manulife Shariah - Dana Ekuiti has been certified as being Shariah-compliant by theShariah Adviser appointed for the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

DEFINITIONpage2the Act or CMSABNMBursa MalaysiaBusiness DayCommencementDateDeedEligible Marketsfinancial institutionthe Capital Markets and Services Act 2007 as amended from time to time.Bank Negara Malaysia.Bursa Malaysia Securities Berhad, the stock exchange managed or operated byBursa Malaysia Berhad.a day on which the Bursa Malaysia is open for trading.means the date on which investments of the Fund may first be made and is thedate which falls on the next Business Day after the expiry of the Offer Period.the Deed entered into between the Manager and the Trustee dated6 th February 2013 in relation to the Fund and registered with the SecuritiesCommission Malaysia.means a market that:a) is regulated by a regulatory authority;b) operates regularly;c) is open to the public; andd) has adequate liquidity for the purposes of the Fund.if the institution is in Malaysia:a) licensed bank;b) licensed merchant bank; orc) Islamic bank;if the institution is outside Malaysia, any institution that is licensed / registered/ approved or authorised to provide financial services by the relevant bankingregulator;the Fundthe Guidelinesthe Manulife Shariah - Dana Ekuiti.the Guidelines on Unit Trust Funds, issued by the Securities CommissionMalaysia, as may be amended from time to time.Islamic bank means a bank licensed under the Islamic Banking Act 1983.IUTAJointholderLaunch Datemeans an institutional unit trust adviser registered with the Federation ofInvestment Managers Malaysia.means a person who holds Units together with another person or persons and“Jointholders” means the persons who are holding the same Units.means the date of this Prospectus and is the date on which sale of Units of theFund may first be made; the Launch Date is also the date of constitution of theFund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

DEFINITIONpage4Shariah AdviserShariahrequirementsSpecial Resolutionsukukthe TrusteeUnit or UnitsUnits in CirculationUnit Holder orUnit Holdersmeans IBFIM.is a phrase or expression which generally means making sure that any humanconduct must not involve any prohibition and that in performing that conductall the essential elements that make up the conduct must be present andeach essential element must meet all the necessary conditions required by theShariah for that element.a resolution passed at a meeting of Unit Holders duly convened in accordancewith the Deed and carried by a majority in number representing at least 3/4 ofthe value of the Units held by the Unit Holders voting at the meeting in personor by proxy.refers to certificates of equal value which evidence undivided ownership orinvestment in the assets using Shariah principles and concepts endorsed by theShariah Advisory Council of the SC, but shall not include any agreement for afinancing/investment where the financier/investor and customer/investee aresignatories to the agreement and where the financing/investment of money isin the ordinary course of business of the financier/investor, and any promissorynote issued under the terms of such an agreement.means CIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad).is an undivided share in the beneficial interest and/or right in the Fund anda measurement of the interest and/or right of a Unit Holder in the Fund andmeans a Unit of the Fund.Units created and fully paid for and which has not been cancelled and is thetotal number of Units issued at a particular valuation point.the person registered as the holder of a Unit or Units including persons jointlyregistered.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage5ManagerNameRegistered Office: Manulife Asset Management Services Berhad (formerly known asManulife Unit Trusts Berhad) (834424-U): 12 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone number : 03-2719 9228Facsimile number : 03-2095 3804Business Address: 13 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone number : 03-2719 9228Facsimile number : 03-2094 7654Email AddressWebsite: my_utservice@manulife.com: www.manulife.com.myManager’s DelegateNameRegistered Office(Fund Valuation): CIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad)(167913-M): 5 th Floor, Bangunan CIMBJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2093 9688WebsiteBusiness Address: www.cimb.com: Level 7, Wisma Amanah Raya BerhadJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2093 4933Prospectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage6Manager’s DelegateNameRegistered Officeand Business Address(Internal audit, human resource, finance, corporate secretarial and legal): Manulife Holdings Berhad (24851-H): 12 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone number : 03-2719 9228Facsimile number : 03-2095 3804Website: www.manulife.com.myManager’s DelegateNameRegistered Officeand Business Address(Product Development and Marketing): Manulife Insurance Berhad (814942-M): 12 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone number : 03-2719 9228Facsimile number : 03-2095 3804Website: www.manulife.com.myManager’s DelegateNameRegistered OfficeBusiness Address(Information Technology Services): Manulife Technology and Services Sdn Bhd (666350-U): 12 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala Lumpur: 9 th Floor, Menara Manulifeno. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone number : 03-2719 9228Facsimile number : 03-2095 3804Website: www.manulife.com.myProspectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage7Manager’s DelegateNameRegistered Officeand Business Address(Investment Back-Office Services): Manulife Data Services Inc.: Manulife Building, U.P. North Science & Technology ParkCommonwealth Avenue, Quezon City, Metro Manila1101, Philippines.Telephone number : (632) 981-5802Facsimile number : (632) 441-0970Website: www.manulifeam.comBoard of DirectorsDatuk Seri Panglima Mohd Annuar bin Zaini (Chairman and Independent Director)Dato’ Md Agil bin Mohd Natt (Independent Director)Edward Ooi Tee Hee (Chief Executive Officer/Non-Independent Executive Director)Chong Soon Min (Jason) (Managing Director/Chief Investment Officer/Non-IndependentExecutive Director)Michael Floyd Dommermuth (Non-Independent Director)Mark Steven O’Dell (Non-Independent Director)Christopher Franz Bendl (Non-Independent Director)Ahmad Riza bin Basir (Independent Director)Investment CommitteeTan Sri Dato’ Mohd Sheriff bin Mohd Kassim (Chairman and Independent member)Dato’ Md Agil bin Mohd Natt (Independent member)Wong Chi Kit (Non-Independent member)Company SecretariesName : Jasbender Kaur a/p Mehar Singh (LS 0009264)Address : No. 11, Jalan 22/4246300 Petaling Jaya, SelangorName : Ling Chui Shee (MAICSA 7051434)Address : No. 56, Jalan Impian 4Taman Impian Indah, Bukit Jalil57000 Kuala LumpurProspectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage8TrusteeNameRegistered Office: CIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad)(167913-M): 5 th Floor, Bangunan CIMBJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2093 9688WebsiteBusiness Address: www.cimb.com: Level 7, Wisma Amanah Raya BerhadJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2092 2717Trustee’s DelegateNameRegistered Office: CIMB Islamic Nominees (Tempatan) Sdn Bhd (formerly known asSouthern Nominees (Tempatan) Sdn Bhd) (8424-H): 5 th Floor, Bangunan CIMBJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2093 9688WebsiteBusiness Address: www.cimb.com: Level 7, Wisma Amanah Raya BerhadJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 03-2084 8888Facsimile number : 03-2093 3720Prospectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage9Auditors for the FundName : PricewaterhouseCoopers (AF 1146)Address: Level 10, 1 Sentral, Jalan TraversKuala Lumpur Sentral, P O Box 1019250706 Kuala LumpurTelephone number : 03-2173 1188Facsimile number : 03-2173 1288Tax Advisers for the FundNameAddress: Deloitte Kassim Chan Taxation Services Sdn Bhd: Level 16, Uptown 1, Damansara Uptown1, Jalan SS21/58, 47400 Petaling Jaya, SelangorTelephone number : 03-7725 1888 / 03-7712 5100Facsimile number : 03-7725 7768 / 03-7725 7769SolicitorsNameAddress: Raja, Darryl & Loh: 18 th Floor, Wisma Sime DarbyJalan Raja Laut, 50350 Kuala LumpurTelephone number : 03-2694 9999Facsimile number : 03-2698 4759Shariah AdviserNameAddress: IBFIM (763075-W): 3 rd Floor, Menara Takaful MalaysiaJalan Sultan Sulaiman, 50000 Kuala LumpurTelephone number : 03-2031 1010Facsimile number : 03-2078 5250Website: www.ibfim.comProspectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage10Principal BankersNameAddress: Maybank Islamic Berhad (787435-M): Ground Floor, Block CKompleks Pejabat DamansaraJalan Semantan, Damansara Heights50490 Kuala LumpurTelephone number : 1300-88-7788Federation ofInvestment ManagersMalaysia (FIMM): 19-07-3, 7 th Floor, PNB Damansara19, Lorong Dungun, Damansara Heights50490 Kuala LumpurTelephone number : 03-2093 2600Facsimile number : 03-2093 2700E-mailWebsite: info@fimm.com.my: www.fimm.com.myLOCATION OF AUTHORISED UNIT TRUST CONSULTANTSRegional Support CentresKuala Lumpur10 th Floor, Menara ManulifeNo. 6, Jalan GelenggangDamansara Heights50490 Kuala LumpurTelephone no : 03-2719 9228Fax no : 03-2719 9119Petaling JayaLot T101-T106, 3 rd Floor, Centre PointNo. 3, Leboh Bandar UtamaBandar Utama, 47800 Petaling JayaSelangorTelephone no : 03-7727 777203-7726 668003-7727 7618Fax no : 03-7726 6060JuruNo. 1797-1-05 (First Floor)Kompleks Auto WorldJalan Perusahaan, Juru Interchange13600 PeraiPenangTelephone no : 04-502 791604-502 7917Fax no : 04-502 7918Ipoh9 th Floor, M&A BuildingNo. 52A, Jalan Sultan Idris Shah30000 IpohPerakTelephone no : 05-254 229505-255 2296Fax no : 05-255 0079Prospectus in respect of the Manulife Shariah - Dana Ekuiti

CORPORATE DIRECTORYpage11Johor2 nd Floor, Bangunan AngNo. 1, Jalan Jeram, Taman Tasek80200 Johor BahruJohorTelephone no : 07-235 254907-235 0775Fax no : 07-235 0768Kuching1 st Floor, Lot 127-129Section 54Kuching Town Land DistrictJalan Petanak93100 Kuching, SarawakTelephone no : 082-424 755082-419 755Fax no : 082-412 755Sibu3 rd Floor, Grand MerdinNo. 131, Kampung Nyabor Road96000 SibuSarawakTelephone no : 084-324 755084-333 976084-321 613Melaka524A, 524B, Jalan MerdekaTaman Melaka Raya75000 MelakaTelephone no : 06-288 2810Fax no : 06-288 2812Fax no : 084-320 454Kota KinabaluUnit 59, Block J, 5 th FloorKK Times Square Signature OfficeCoastal HighwayTelephone no : 088-486 239Fax no : 088-486 167Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter1 KEY DATApage12THIS SECTION IS ONLY A SUMMARY OF THE SALIENT INFORMATION ABOUT THE FUND.YOU SHOULD READ AND UNDERSTAND THE WHOLE PROSPECTUS BEFORE MAKING ANYINVESTMENT DECISION.FUND INFORMATIONName of the FundFund CategoryFund TypeOffer PeriodOffer PriceCommencementDateInvestmentObjectiveInvestment Policyand StrategyManulife Shariah - Dana Ekuiti.equity (Shariah).growth.The period of 21 days from the date of this Prospectus which is from27 May 2013 – 16 June 2013.RM0.5000.The date on which investments of the Fund may first be made and is thedate which falls on the next Business Day after the end of the Offer Period.The Fund aims to achieve capital growth over the medium to long termby investing primarily in Shariah-compliant equities and/or equity-relatedsecurities.The Fund aims to achieve its objective by investing a minimum of 70% up toa maximum of 98% of its NAV in Shariah-compliant equities and/or equityrelatedsecurities.The balance of the Fund’s NAV will be invested in sukuk, Islamic money marketinstruments or placed in Islamic deposits.The Fund may invest up to 30% of the Fund’s NAV in Shariah-compliantequities issued in foreign markets which include but not limited to Asia Pacificregion whenever opportunities arise. The Asia Pacific region would include butare not limited to Australia, Hong Kong, Indonesia, Philippines, Korea, India,Singapore and Thailand.Please refer to Chapter 3, Fund Details for further information on theInvestment Policy and Strategy of the Fund.Asset Allocation• A minimum of 70% up to a maximum of 98% of the Fund’s NAV will beinvested in Shariah-compliant equities and/or equity-related securities; and• A maximum of 30% of the Fund’s NAV will be invested in sukuk, Islamicmoney market instruments or placed in Islamic deposits.The Manager will ensure that there is sufficient liquidity for the Fund tomeet redemption requests.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter1 KEY DATApage13FUND INFORMATION (cont’d)PerformanceBenchmarkPrincipal RisksInvestors’ ProfileFTSE Bursa Malaysia EMAS Shariah Index.(The risk profile of the Fund differs from risk profile of the benchmark.)• Company specific risk;• Reclassification of Shariah status risk.This Fund would be suitable for investors who:• have a medium to long term investment horizon; and• have a high risk tolerance.Please note that medium to long term refers to a period of 3 to more than5 years.Financial Year EndDistribution PolicyMode ofDistributionThe period of 12 months ending on the 30 th April of every calendar yearexcept that the first financial year of the Fund shall commence on theLaunch Date and end on the 30 th April 2014.Incidental.The following modes of distributions are offered to Unit Holders:a) income distribution proceeds to be paid out by way of cheque; orb) income distribution proceeds to be reinvested as additional Units of theFund.Please note that income distribution proceeds will be automaticallyreinvested, if:a) Unit Holders do not indicate their distribution options in the Fund’sapplication form; orb) the income distribution proceeds amounts to less than RM 50.00 or suchother amount as may be determined by the Manager from time to time.Income distribution proceeds which are reinvested as additional Units ofthe Fund will be based on the NAV per Unit on the Business Day followingthe income distribution declaration date. The reinvestment of suchadditional Units will only be done within 14 days of the income distributiondeclaration date. Please note that no Sales Charge will be imposed on suchreinvestments.Unit Holders who opt for distribution proceeds to be paid out by way ofcheque will be paid within 14 days of the income distribution declarationdate.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter1 KEY DATApage14FEES, CHARGES AND EXPENSESThis table describes the charges and fees that you may directly incur when you buy or redeemUnits of the Fund:Sales Charge Manager Up to 5.50% of the NAV per UnitIUTAUp to 5.50% of the NAV per UnitAgentsUp to 5.50% of the NAV per Unitthe Sales Charge is negotiable.Redemption ChargeTransfer FeeSwitching FeeOther ChargesThe Manager does not intend to impose any Redemption Charge.RM5.00 for each transfer request.The Manager does not intend to impose any switching fee, however, UnitHolders are subject to the conditions on switching as set out in Section 5.9.There are no other charges (except charges levied by banks on remittanceof money) payable directly by investors / Unit Holders when purchasing orredeeming Units of the Fund.This table describes the fees and expenses that you may indirectly incur when you invest inthe Fund:AnnualManagement FeeAnnual Trustee FeeOther ExpensesUp to 1.55% of the NAV of the Fund per annum calculated and accrued ona daily basis.0.04% of the NAV of the Fund per annum calculated and accrued on a dailybasis.• audit fees;• commission/fees paid to brokers;• tax adviser’s fee;• taxes and other duties imposed by the government and/or otherauthorities;• valuation fees incurred for the valuation of any investment of the Fundby independent valuers for the benefit of the Fund;• independent investment committee members fee;• Shariah Adviser’s fee;• cost for modification of Deed save where such modification is for thebenefit of the Manager and/or the Trustee;• cost of convening meetings for Unit Holders other than those incurred byor for the benefit of the Manager and/or the Trustee; and• any other expenses allowed under the Deed.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter1 KEY DATApage15TRANSACTION INFORMATIONMinimum InitialInvestmentRM1,000 or such other lower amount as the Manager in its sole discretionallows.Please refer to page 32 for more details on how Unit Holders may purchaseUnits of the Fund.Minimum AdditionalInvestmentCooling-off PolicyRM100 or such other lower amount as the Manager in its sole discretionallows.6 Business Days from the date of receipt of the application to purchaseUnits.A cooling-off right is only given to Unit Holders who are investing for thefirst time in any unit trust funds managed by the Manager.Corporations/institutions, staff of the Manager and persons registered todeal in unit trust funds are not entitled to a cooling-off right.MinimumRedemption AmountThe minimum redemption amount is 500 Units for each transaction or suchother lower amount as the Manager in its sole discretion allows.However, if the redemption request leaves a Unit Holder with less than 500Units (Minimum Holdings), the Manager will not process the redemptionrequest. In this instance, the Unit Holder will be required to make anapplication for the Manager to liquidate all their holdings in the Fund.Please refer to page 32 for more details on how Unit Holders may redeemUnits of the Fund.Payment ofRedemption ProceedsMinimum HoldingsTransfer FacilityMinimum TransferAmountSwitching FacilityRedemption proceeds will be paid within 10 days from the date theredemption request is received by the Manager.500 Units or such other lower amount as the Manager in its sole discretionallows.Unit Holders are allowed to transfer their Units of the Fund.500 Units or such other lower amount as the Manager in its sole discretionallows.Unit Holders are allowed to switch their Units in the Fund into units of anyother unit trust funds managed by the Manager subject to the conditions onswitching as set out in Section 5.9.switching from a Shariah-compliant fund to a conventional fund isdiscouraged especially for Muslim Unit Holders.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter1 KEY DATApage16TRANSACTION INFORMATIONMinimum SwitchingAmountThe minimum switching amount is 1,000 Units, provided the value of theUnits in Ringgit Malaysia meets the minimum initial investment amount ofthe fund that the Unit Holder intends to switch into.other INFORMATIONDeedDesignated FundManagerAvenue for AdviceThe Deed dated 6 th February 2013 entered into between the Manager andthe Trustee in relation to the Fund.Tock Chin HuiIf you have any queries or require further information, please contact ourcustomer service at 03-2719 9228 or email us at my_utservice@manulife.com. Alternatively, you may contact our unit trust consultants at our regionalsupport centres listed in the Corporate Directory section.THERE ARE FEES AND CHARGES INVOLVED AND INVESTORS ARE ADVISED TO CONSIDERTHEM BEFORE INVESTING IN THE FUND.UNIT PRICES AND DISTRIBUTIONS PAYABLE, IF ANY, MAY GO DOWN AS WELL AS UP.FOR INFORMATION CONCERNING CERTAIN RISK FACTORS WHICH SHOULD BE CONSIDEREDBY PROSPECTIVE INVESTORS, SEE “RISK FACTORS” COMMENCING ON PAGE 17.INVESTORS WHO INTEND TO FINANCE AN INVESTMENT IN A SHARIAH-COMPLIANT UNITTRUST FUND, OR FOR THAT MATTER ANY SHARIAH-COMPLIANT INVESTMENT, ARE ADVISEDTO SEEK ISLAMIC FINANCING TO FINANCE THEIR INVESTMENT.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter2 RISK FACTORSpage172.1 General Risks of Investing in a Unit Trust FundPrior to making an investment in the Fund, investors should be aware that there are risksassociated with investments in unit trust funds. Below are some of the general risks whichinvestors should be aware of when investing in a unit trust fund:a) Market riskMarket risk arises due to economy-wide perils which may affect businesses including theissuers of the Shariah-compliant securities such as Shariah-compliant equities and sukukthat a unit trust fund may have invested in. As a result, there could be fluctuations inmarket values of these Shariah-compliant securities and investors are exposed to suchuncertainties.b) Management company riskThe performance of a unit trust fund depends on, amongst other things, the expertiseof the management company. Any error in the investment techniques and processesadopted by the management company may have an adverse impact on the unit trustfund’s performance which in turn may affect the investments of unit holders through,including but not limited to, the loss of their capital invested in the unit trust fund.c) Interest rate riskThe risk refers to how the changes in the interest rate environment affect the decision ofinvesting in Shariah-compliant securities (such as Shariah-compliant equities and sukuk) bya unit trust fund.regardless of whether they are Shariah-compliant or non Shariah-compliant, equities thatpay regular dividends are known to be sensitive to the movement of interest rate. Anunanticipated rise in interest rate may reduce their attractiveness, potentially causing anadverse impact to the unit trust fund that invests in them.Interest rate movement also affects fixed-income securities, including sukuk. Generally,there is an inverse relationship between interest rate and sukuk prices, where an increaseof interest rate may lower the prices of the sukuk. In addition, sukuk with longer maturityand lower profit rates are more sensitive to interest rate changes. However, if the perceivedquality of a particular sukuk changed, the price of that sukuk may vary regardless ofinterest rate changes. The interest rate risk will be mitigated via the management of theduration of the sukuk portfolio.Please note that movement in interest rate will have an impact on the management of theFund regardless of whether it is a conventional or Shariah-compliant fund. It does not inany way suggest that the Fund will invest in conventional financial instruments.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter2 RISK FACTORSpage182.1 General Risks of Investing in a Unit Trust Fund (cont’d)d) Non-compliance risknon-adherence with laws, rules, regulations, prescribed practices, internal policies andprocedures may result in the performance or the management of a unit trust fundbeing affected adversely. For example, human error or oversight may cause breaches ininvestment limits. In such instances, the affected unit trust fund may have to dispose of itsinvestment prematurely or at a loss in order to adhere with its investment parameters. Thisrisk may be mitigated by the investment manager having stringent internal controls andensuring compliance monitoring processes are undertaken.e) Loan financing riskThis risk occurs when investors take a loan to finance their investment. The inherent risksof investing with borrowed money includes investors being unable to service the loanrepayments or the possibility of having to service a higher loan repayment that may begreater than the returns on investments in the unit trust fund due to an increase in theinterest rates on the loan. Further, in the event units are used as collateral, an investor maybe required to either provide additional collateral or to pay an additional amount on topof the investor’s existing installment if the prices of units fall below a certain level due tomarket conditions. If the investor fails to honor the additional collateral required within theprescribed time, the units may be sold at a lower net asset value per unit as compared tothe net asset value per unit at the point of purchase, towards settling the loan.2.2 Specific Risks related to the FundBelow are some of the specific risks when investing in the Fund; these may include but are notlimited to:a) Company specific riskThis refers to the risk associated with a particular company, which the Fund invests in.Any changes to the company’s business model, performance, its customers’ tastes anddemand, litigations, competitiveness and management practices may cause fluctuations inthe prices of the securities it issued. Thus, by holding its securities, the Fund’s investmentvalue may be subject to a certain extent of volatility. This risk is mitigated through thediversification process that the Manager will employ in managing the Fund.b) Liquidity riskLiquidity risk refers to the ease of liquidating an investment (be it Shariah-compliant equityor sukuk) at or close to its fair value. There is a risk that the investment (be it Shariahcompliantequity or sukuk) held by the Fund cannot be readily sold at or near its fair valuedue to insufficient trading volume. This, in turn, will adversely affect the value of the Fund.To mitigate liquidity risk, the Manager will ensure that the Fund holds a minimum level ofIslamic liquid assets to serve as buffer for meeting redemption requests.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter2 RISK FACTORSpage192.2 Specific Risks related to the Fund (cont’d)c) Concentration riskConcentration risk occurs when a portfolio is overweight on a particular security, sectoror asset class. In scenario where the Fund invests a substantial portion of its assets insecurities within a particular sector, it may be subject to greater price volatility or adverselyaffected by the performance of the securities of that particular sector.The risk may be mitigated through the diversification process that the Manager willemploy in the management of the Fund.d) Country riskas this Fund may invest in foreign markets, this Fund will be exposed to the risks applicableto the countries that it invests in. The Manager will give due consideration to the riskfactors such as currency stability, political, regulatory, legal and economic environmentbefore any investments are made in the foreign country.e) Currency riskThis risk is associated with investments denominated in currencies different fromthe base currency of the Fund. As the Fund is denominated in Malaysian Ringgit,investments in foreign markets will cause the Fund to be exposed to currencyrisks. When foreign currencies move unfavourably against Malaysian Ringgit, theseinvestments may face currency loss in addition to any capital gains or losses, whichmay affect the NAV of the Fund, and consequently the unit price of the Fund. Suchmovements in the foreign currency rates will also impact the amount of income thatthe Fund may be able to declare.The Manager may manage this risk by hedging the foreign currency exposure.f) Derivatives riskDepending on the prevailing market circumstances at a particular point in time, theManager may choose to use financial derivatives to hedge against currency movements.While the use of derivatives can be beneficial, it also involves special risks, including butnot limited to:- the risk of derivative transactions having the effect of increasing the volatility of theFund’s NAV;- the risk of loss from default by the counterparty, typically as a consequences ofinsolvency or failed settlement; and- the risk of the supply and demand factors in the derivatives market and in otherrelated markets impacting the liquidity of the derivatives market adversely, which inturn would adversely affect derivatives pricing and the Fund.To mitigate these risks, all investment in derivatives will be closely monitored.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter2 RISK FACTORSpage202.2 Specific Risks related to the Fund (cont’d)g) Reclassification of Shariah status riskThe reclassification may occur if the Shariah-compliant securities invested by the Fundare reclassified to be non Shariah-compliant upon review of the securities by the ShariahAdvisory Council of the Securities Commission (SACSC) twice yearly. If this occurs, thevalue of the Fund may be affected where the Manager will have to take the necessarysteps to dispose of such securities to ensure that the Fund is invested only in Shariahcompliantsecurities.2.3 Risk Management StrategiesRisk management is an integral part of the Manager’s process.In ensuring compliance with the Guidelines, and the Fund’s limits and investment restrictions,the Manager has in place clearly defined policies and procedures that have been approved by theBoard of Directors and also a system to monitor the transactions.In addition, the Manager conducts regular review on the economic, political and social factorsto evaluate the effects of those factors on the securities held. Regular meetings are also held todeliberate on these factors and portfolio decisions.It is important to note that the above list of risks may not be exhaustive. While every carewill be taken by the Manager to mitigate such risks, investors are advised that it is not alwayspossible to protect investments against all risks. Further, different asset classes generallyexhibit different levels of risk.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage213.1 Investment ObjectiveThe Fund aims to achieve capital growth over the medium to long term by investing primarily inShariah-compliant equities and/or equity-related securities.Any material change to the Fund’s investment objective would require the Unit Holders’ approval.3.2 Investment Policy and StrategyThe Fund aims to achieve its objective by investing a minimum of 70% up to a maximum of98% of its NAV in Shariah-compliant equities and/or equity-related securities. The balance ofthe Fund’s NAV will be invested in sukuk, Islamic money market instruments or placed in Islamicdeposits.The Fund’s investment strategy aims at achieving long term risk-adjusted returns by exploitingpotential inefficiencies in the capital markets through intensive, disciplined and consistentresearch. The Fund adopts a combination of top-down and bottom-up approaches. Thetop-down approach examines global and local macro-economic factors such as interest ratetrends, inflation rates, supply demand trends, commodities trends, industry outlook and trends,competitiveness as well as country risk. As for the bottom-up approach, the Manager evaluatesShariah-compliant securities of companies based on those companies individual attributes suchas earnings/cash generation capabilities, growth drivers/ opportunities, scalability of businessmodels, management’s strengths/track records and valuation gaps. Emphasis is also given toportfolio diversification and using proper risk management to maximize long term risk-adjustedreturns.The Fund may invest up to 30% of the Fund’s NAV in Shariah-compliant equities issued in foreignmarkets which include but not limited to Asia Pacific region whenever opportunities arise.The Asia Pacific region would include but are not limited to Australia, Hong Kong, Indonesia,Philippines, Korea, India, Singapore and Thailand.The Manager may also invest in Shariah-compliant collective investment schemes provided it isconsistent with the Fund’s investment objective.Temporary defensive measuresAs a temporary defensive measure, the Manager may lower the Fund’s Shariah-compliant equityexposure to below the minimum 70% (of the Fund’s NAV) limit if the Manager is of the opinionthat the investment climate is deemed to be unfavorable or under adverse market conditions.The Manager will then decide on the best appropriate asset allocation strategy and reallocatingthe Fund’s investment into more defensive investments such as sukuk, Islamic money marketinstruments and/or placement in Islamic deposits.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage223.3 Asset Allocation• A minimum of 70% up to a maximum of 98% of the Fund’s NAV will be invested inShariah-compliant equities and/or equity-related securities; and• A maximum of 30% of the Fund’s NAV will be invested in sukuk, Islamic money marketinstruments or placed in Islamic deposits.• The Manager will ensure there are sufficient Islamic liquid assets held by the Fund toenable it to meet redemption requests.3.4 Performance BenchmarkFTSE Bursa Malaysia EMAS Shariah Index.(The risk profile of the Fund differs from risk profile of the benchmark.)Source: www.bursamalaysia.com3.5 Permitted InvestmentsUnless otherwise prohibited by the relevant authorities or any relevant law and provided alwaysthat there are no inconsistencies with the objective of the Fund, the Fund is permitted under theDeed to invest in the following:a) Shariah-compliant securities of companies traded on the Eligible Market;b) Unlisted Shariah-compliant securities;c) Sovereign sukuk, government investment issues, Islamic accepted bills, Bank Negaramonetary notes-i and any other Islamic issues approved/guaranteed by the Malaysiangovernment, Bank Negara Malaysia or other Malaysian government-related agencies;d) Islamic deposits and Islamic money market instruments with financial institutions;e) Shariah-compliant collective investment schemes;f) Shariah-compliant derivatives (hedging purposes only); andg) Any other form of Shariah-compliant investments as may be agreed upon by the Managerand the Trustee from time to time.3.6 Investment Restrictions and LimitsThe investment restrictions and limits of the Fund are as follows:1. The value of the Fund’s investments in unlisted Shariah-compliant securities must notexceed 10% of the Fund’s NAV.2. The value of the Fund’s investments in ordinary Shariah-compliant shares issued by anysingle issuer must not exceed 10% of the Fund’s NAV.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage233.6 Investment Restrictions and Limits (cont’d)3. The value of the Fund’s investments in transferable Shariah-compliant securities andIslamic money market instruments issued by any single issuer must not exceed 15% of theFund’s NAV.4. The value of the Fund’s placement in Islamic deposits with any single institution must notexceed 20% of the Fund’s NAV.5. The aggregate value of the Fund’s investments in transferable Shariah-compliant securities,Islamic money market instruments, Islamic deposits and OTC Islamic derivatives (such asforward contracts and swaps) issued by or placed with (as the case may be) any singleissuer/institution must not exceed 25% of the Fund’s NAV.6. The value of the Fund’s investments in units/shares of any Shariah-compliant collectiveinvestment scheme must not exceed 20% of the Fund’s NAV.7. The value of the Fund’s investments in transferable Shariah-compliant securities andIslamic money market instruments issued by any group of companies must not exceed20% of the Fund’s NAV.8. For investment in Shariah-compliant derivatives, the exposure to the underlying assetsmust not exceed the investment spread limits stipulated in the Guidelines and the valueof the Fund’s over-the-counter (OTC) Shariah-compliant derivative transactions with anysingle counterparty must not exceed 10% of the Fund’s NAV.9. The Fund’s investments in transferable Shariah-compliant securities (other than sukuk)must not exceed 10% of the Shariah-compliant securities issued by any single issuer.10. The Fund’s investments in sukuk must not exceed 20% of the sukuk issued by any single issuer.11. The Fund’s investments in Islamic money market instruments must not exceed 10% of theIslamic money market instruments issued by any single issuer. However, this limit does notapply to Islamic money market instruments that do not have a pre-determined issue size.12. The Fund’s investments in Shariah-compliant collective investment schemes must notexceed 25% of the units/shares in any one Shariah-compliant collective investmentscheme.The above stated limits and restrictions shall be complied with at all times based on the mostup-to-date value of the Fund’s investments. However, a 5% allowance in excess of any limit orrestriction is permitted where the limit or restriction is breached through an appreciation ordepreciation in the NAV of the Fund (as a result of an appreciation or depreciation in value ofinvestments or as a result of the repurchase of units or payment made from the Fund). Once therelevant limit is breached, no further acquisitions of the particular Islamic instrument involvedshall be made and the Manager should, within a reasonable period of not more than 3 monthsfrom the date of the breach, take all necessary steps and actions to rectify the breach.There are no limits and restrictions imposed on Islamic instruments issued or guaranteed by theMalaysian government or Bank Negara Malaysia.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage253.7 Valuation of the Fund and Bases of Valuation of the Assets of the Fund(cont’d)Bases for Valuation of the Assets of the Fund (cont’d)Investment InstrumentsListed Shariahcompliantsecuritiestraded in an EligibleMarketUnlisted sukukdenominated inRinggit MalaysiaMalaysian CurrencyIslamic Liquid AssetsUnlisted ShariahcompliantCollectiveInvestment SchemeIslamic Money MarketInstrumentsAny other ShariahcompliantInstruments(include unlisted Shariahcompliantsecurities notdescribed above)Valuation Basisthen the Shariah-compliant securities should be valued at fairvalue, as determined in good faith by the Manager based on themethods or bases approved by the Trustee after appropriatetechnical consultation.Investments in sukuk denominated in Ringgit Malaysia will bevalued on a daily basis using fair value prices quoted by a bondpricing agency registered with the SC. An example of such an agencyis Bond Pricing Agency Malaysia Sdn Bhd. If the Manager is of theview that the price quoted by the bond pricing agency differs fromthe market price by more than 20 basis points, the Manager mayuse the market price provided that the Manager records the basis fornot using the price quoted by the bond pricing agency, obtain thenecessary internal approvals for not using the price quoted by thebond pricing agency and that the Manager keep an audit trail of allthe decisions and basis for adopting the market yield.Malaysian currency-denominated Islamic deposits placed withfinancial institutions are valued each day by reference to thevalue of such investments and the profits accrued thereon for therelevant period.Investments in unlisted Shariah-compliant collective investmentschemes will be valued, based on the last published redemptionprice.For money market instruments such as but not limited tocommercial papers, the valuation may use the amortization oraccrual methods, where applicable.Fair value as determined in good faith by the Manager, on methodsor bases which have been verified by the auditors of the Fund andapproved by the Trustee.3.8 Shariah Investment Guidelines adopted by the Shariah Adviser andCleansing / Purification Process for the FundThe following matters are adopted by IBFIM in determining the Shariah status of equityinvestments of the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage263.8 Shariah Investment Guidelines adopted by the Shariah Adviser andCleansing / Purification Process for the Fund (cont’d)1. Shariah Investment GuidelinesEquity:reference for investments in local securities is based on the list of Shariah-compliantsecurities issued by the Shariah Advisory Council of the Securities Commission (“SACSC”)twice yearly on the last Friday of May and November which is readily available at theSecurities Commission’s website.However, for Initial Public Offering (“IPO”) company that has yet to be determined theShariah status by the SACSC, IBFIM adopted the following analysis in determining itsShariah status. These criteria are adopted by IBFIM as a temporary measure until theSACSC releases the Shariah status of that particular IPO company:i) Quantitative AnalysisIBFIM excludes companies which main business activities involve the following:a) Conventional financial services;b) Gambling and gaming;c) Manufacture or sale of non-halal products or related products (e.g. pork andliquor);d) Manufacture or sale of tobacco-based products or related products;e) Pornography;f) Weaponry;g) Entertainment activities that are not permitted by the Shariah; andh) Other activities deemed non-permissible according to the Shariah.IBFIM deduces the following to ensure that they do not exceed the Shariah tolerablebenchmarks:a) Interest incomes over total incomes and interest incomes over profit beforetax not exceeding 5%;b) Income contribution from mixed activities which involve Shariah-prohibitedelements such as interest-based businesses, conventional banks, insurance,gambling, liquor and pork over total incomes and profit before tax notexceeding 5%;c) Income contribution from mixed activities which involve tobacco andtobacco-related businesses over total incomes and profit before tax notexceeding 10%;d) Mixed rental income contribution from Shariah non-compliant activities overtotal incomes and profit before tax not exceeding 20%; ande) Income contribution from mixed activities which involve businesses such ashotels and resorts, share trading and stock broking over total incomes andprofit before tax not exceeding 25%.should any of the above deductions fail to meet the benchmarks, IBFIM will notaccord a Shariah-compliant status for the companies.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter3 DETAILED INFORMATION ON THE FUNDpage273.8 Shariah Investment Guidelines adopted by the Shariah Adviser andCleansing / Purification Process for the Fund (cont’d)1. Shariah Investment Guidelines (cont’d)ii)Qualitative AnalysisCompany which passed the above quantitative test will be further subjected toqualitative screening before it can be classified as Shariah-compliant. In this secondaryanalysis, IBFIM will look into aspects of general public perception of the companies’images, core businesses which are considered important and maslahah (beneficial)to the Muslim ummah and the country, the non- permissible elements are very smalland involve matters like umum balwa (common plight and difficult to avoid), ‘uruf(custom) and rights of the non-Muslim community which are accepted by the Shariah.Sukuk and Islamic Money Market Instruments:The review will be based on the instruments’ lists readily available at the websites ofSecurities Commission of Malaysia and Bank Negara Malaysia.2. Cleansing/Purification Process for the Fundi) Cleansing Processa) Wrong Investmentrefers to Shariah non-compliant investments made by the fund manager.Such investments will be disposed/withdrawn with immediate effect. Anygains (through capital gain and/or profits) from such investments will bechanneled to baitulmal or any other charitable bodies as advised by theShariah Adviser. If the disposal of such investments resulted in losses to theFund, the losses will be borne by the Manager.b) Reclassification of Shariah Status of the Fund’s Investmentreclassification of Shariah status refers to security which was reclassifiedas Shariah non-compliant by the Shariah Advisory Council of the SecuritiesCommission (“SACSC”), the Shariah Adviser or the Shariah Boards of therelevant Islamic Indices. The said security will be disposed soonest practical,once the total amount of dividends received and the market value held equalthe original investment costs.any capital gains arising from the disposal of the Shariah non-compliantsecurity made at the time of the announcement can be kept by the Fund.However, any excess capital gains derived from the disposal after theannouncement day at a market price that is higher than the closing priceon the announcement day is to be channeled to baitulmal or any charitablebodies as advised by the Shariah Adviser.ii) Purification ProcessZakat for the FundThe Fund does not pay zakat on behalf of Muslim individuals and Islamic legal entities whoare investors of the Fund. Thus, investors are advised to pay zakat on their own.THE SHARIAH ADVISER CONFIRMS THAT THE INVESTMENT PORTFOLIO OF MANULIFESHARIAH – DANA EKUITI COMPRISES SECURITIES WHICH HAVE BEEN CLASSIFIED AS SHARIAH-COMPLIANT BY THE SHARIAH ADVISORY COUNCIL OF THE SC (“SACSC”). FOR SECURITIESWHICH ARE NOT CERTIFIED BY THE SACSC, THE SHARIAH ADVISER HAS REVIEWED THE SAIDSECURITIES AND OPINE THAT THESE SECURITIES ARE SHARIAH-COMPLIANT.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter4 FEES, CHARGES AND EXPENSESpage28Fee and charges directly incurred when you purchase or redeem Units of the Fund4.1 Sales ChargeManagerIUTAAgentsUp to 5.50% of the NAV per UnitUp to 5.50% of the NAV per UnitUp to 5.50% of the NAV per UnitThe Sales Charge is negotiable.Please refer to Section 5.2 in the Transaction Information section on how the Sales Charge iscalculated.4.2 Redemption ChargeThe Manager does not intend to impose any Redemption Charge.4.3 Transfer FeeRM5.00 for each transfer request.Please refer to Section 5.8 in the Transaction Information section for information relating totransfer facility.4.4 Switching FeeThe Manager does not intend to impose any switching fee, however, Unit Holders are subject tothe conditions on switching as set out in Section 5.9.Fees and expenses indirectly incurred when you invest in the Fund4.5 Management FeeUp to 1.55% of the NAV of the Fund per annum calculated and accrued on a daily basis.Please refer to Section 5.1 in the Transaction Information section on how the management fee iscalculated.4.6 Trustee Fee0.04% of the NAV of the Fund per annum calculated and accrued on a daily basis.Please refer to Section 5.1 in the Transaction Information section on how the trustee fee iscalculated.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter4 FEES, CHARGES AND EXPENSESpage294.7 Other ExpensesThese include the following:• audit fees;• commission/fees paid to brokers;• tax adviser’s fee;• taxes and other duties imposed by the government and/or other authorities;• valuation fees incurred for the valuation of any investment of the Fund by independentvaluers for the benefit of the Fund;• independent investment committee members fee;• Shariah Adviser’s fee;• cost for modification of Deed save where such modification is for the benefit of theManager and/or the Trustee;• cost of convening meetings for Unit Holders other than those incurred by or for the benefitof the Manager and/or the Trustee; and• any other expenses allowed under the Deed.4.8 Policy on Rebates and Soft CommissionsIt is the policy of the Manager to credit any rebates into the account of the Fund. The Manager willretain soft commissions received from brokers for goods and services which are of demonstrablebenefit to the Unit Holders and advisory services that assist in the decision-making processrelating to the investment of the Fund such as research materials, data and quotation services,computer software, investment advisory services and investment related publications which areincidental to the investment management activities of the Fund.THERE ARE FEES AND CHARGES INVOLVED AND INVESTORS ARE ADVISED TO CONSIDERTHEM BEFORE INVESTING IN THE FUND.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter5 TRANSACTION INFORMATIONpage30SALE AND PURCHASE OF UNITS5.1 Computation of NAV and NAV per Unit of the FundThe NAV of the Fund is determined by deducting the value of all the Fund’s liabilities from thevalue of all the Fund’s assets, at the valuation point. For the purpose of computing the annualmanagement fee and annual trustee fee, the NAV of the Fund is inclusive of the management feeand the trustee fee for the relevant day.The NAV per Unit of a Fund at a valuation point is determined by dividing the NAV of that Fundat that valuation point by the number of Units in circulation of that Fund at the same valuationpoint.An illustration of computation of NAV and the NAV per Unit of the FundExample:RMInvestments 85,937,316Other Assets 3,596,911Total Assets 89,534,227Less: Liabilities (508,561)NAV of the Fund 89,025,666(before deduction of management and trustee fees)Less:Management Fee - calculated on a Daily Basis (3780.54)(1.55% per annum/365 days)Trustee Fee - calculated on a Daily Basis (97.56)(0.04% per annum/365days)NAV of the Fund 89,021,788(after deduction of management and trustee fees)Units In Circulation 85,000,000NAV per Unit 1.047315NAV per Unit (Rounded up to 4 decimal points) 1.04735.2 Pricing of UnitsThe Manager adopts the single pricing policy which is in line with the SC’s requirement for theMalaysian unit trust industry. Under this regime, both the selling and buying price of units will bequoted based on a single price i.e. the NAV per unit of a fund. The daily NAV per Unit is valuedat the next valuation point on forward price basis.Example:For illustration purposes, say for example, the NAV per Unit on 1 January 20xx is RM0.5000 andan investor wants to invest RM10,000 in Units of the Fund, and a Sales Charge of 5.50% of theNAV per Unit is imposed on the sale of the Units. The amount that the investor will have to payas Sales Charge will therefore be:Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter5 TRANSACTION INFORMATIONpage315.2 Pricing of Units (cont’d)Example: (cont’d)Sales Charge = 5.50% x (amount to be invested)= 5.50% x RM10,000= RM550The total amount that will have to be paid to the Manager will therefore be:Total to be paid = amount to be invested + Sales Charge= RM10,000 + RM550= RM10,550The number of Units that will be allocated to an investor will therefore be:Units allocated to you = amount to be investedNAV per UnitIncorrect Pricing= RM10,000RM0.5000= 20,000 UnitsSubject to any relevant law, if there is an error in the pricing of the NAV per Unit of the Fund;the Manager will take immediate remedial action to correct the error. Rectification shall, wherenecessary, extend to the reimbursements of money as follows if the error is at or above thesignificant threshold of 0.5% of the NAV per Unit:a) if there is an over pricing in relation to the purchase and creation of Units, the Fund shallreimburse the Unit Holder;b) if there is an over pricing in relation to the redemption of Units, the Manager shallreimburse the Fund;c) if there is an under pricing in relation to the purchase and creation of Units, the Managershall reimburse the Fund; andd) if there is an under pricing in relation to the redemption of Units, the Fund shall reimbursethe Unit Holder or former Unit Holder.The Manager retains the discretion whether or not to reimburse if the error is below 0.5% ofthe NAV per Unit or where the total impact on an individual account is less than RM10.00 inabsolute amount. This is because the reprocessing costs may be greater than the amount of theadjustment.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter5 TRANSACTION INFORMATIONpage325.2 Pricing of Units (cont’d)Policy on rounding adjustmentIn calculating a Unit Holder’s investments, the NAV per Unit of the Fund which is also the sellingand buying price per Unit of the Fund will be rounded to 4 decimal places.Units allocated to a Unit Holder will be rounded to 2 decimal places.5.3 Sale of UnitsApplication for Units may be made on any Business Day and Units will be issued at the NAV perUnit of the Fund as at the next valuation point (i.e. “forward pricing”).The price of Units for applications received before 3.00 p.m. (cut off time) will be calculated basedon the valuation of the Units on the same Business Day subject to the clearance of payment.Where an application is received after the cut off time, the request will be processed based onthe NAV per Unit on the following Business Day.The minimum initial investment is RM1,000 or such other lower amount as the Manager in itssole discretion allows. Any additional investment can be made with a minimum of RM100 or suchother lower amount as the Manager in its sole discretion allows.INVESTORS ARE ADVISED NOT TO MAKE PAYMENT IN CASH WHEN PURCHASINGUNITS OF A FUND VIA INSTITUTIONAL OR RETAIL AGENTS.Note: the Manager reserves the right to accept or reject any application in whole orpart thereof without assigning any reason.5.4 Redemption of UnitsUnit Holders may make a request for redemption on any Business Day. Units will be redeemed atthe NAV per Unit of the Fund as at the next valuation point (i.e. “forward pricing”).The price of Units for redemption requests received before 3.00 p.m. (cut off time) will becalculated based on the valuation of the Units on the same Business Day.Where a redemption request is received after the cut off time, the request will be processedbased on the NAV per Unit on the following Business Day.The minimum redemption amount is 500 Units or such other lower amount as the Manager in itssole discretion allows.However, if the redemption request leaves a Unit Holder with less than 500 Units (MinimumHoldings), the Manager will not process the redemption request. In this instance, the Unit Holderwill be required to make an application for the Manager to liquidate all their holdings in the Fund.Redemption proceeds will be paid within 10 days from the date the redemption request form isreceived by the Manager.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter5 TRANSACTION INFORMATIONpage335.5 Cooling-Off PeriodA cooling-off right refers to the right of the Unit Holder to obtain a refund of his/her investmentif he/she so requests within the cooling-off period (within 6 Business Days from the date ofreceipt of application). This is to allow Unit Holders the opportunity to reverse their investmentdecision that could have been unduly influenced by certain external elements or factors. Thiscooling-off right is only given to an investor, other than those listed below, who is investing forthe first time in any unit trust funds managed by the Manager:i) a corporation or institution;ii) a staff of the Manager; andiii) persons registered to deal in unit trust funds of the Manager.Within the cooling-off period, the refund to the Unit Holders shall not be less than the sum of:a) the NAV of the Units on the day the Units were purchased; andb) the Sales Charge originally imposed on the day the Units were purchased.In other words, the Unit Holders shall be refunded their full investment amount within 10 daysfrom the date of receipt of the cooling-off notice by the Unit Holders.5.6 Minimum HoldingsThe minimum holdings of Units of the Fund is 500 Units or such other lower amount as theManager in its sole discretion allows.5.7 Policy on GearingThe Funds are not permitted to obtain cash financing or other assets (including the financing ofShariah-compliant securities within the meaning of the Guidelines on Securities Borrowing andLending) in connection with its activities. However, the Funds may finance cash for the purposeof meeting repurchase requests for Units and such financing is subjected to the following:• The Funds’ cash financing is only on a temporary basis and that financings are notpersistent;• The financing period should not exceed a month;• The aggregate financings of the Funds should not exceed 10% of the Funds’ NAV at thetime the financing is incurred;• The Funds may only obtain cash financing from financial institutions; and• The instruments for such activity must comply with the Shariah requirements.Except for securities lending as provided under the Guidelines on Securities Borrowing andLending, none of the cash or investments of the Funds may be lent. Further, the Funds maynot assume, guarantee, endorse or otherwise become directly or contingently liable for or inconnection with any obligation or indebtedness of any person.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter5 TRANSACTION INFORMATIONpage345.8 Transfer of UnitsUnit Holders are allowed to transfer their Units of the Fund subject to a transfer fee of RM5.00for each request to transfer.The minimum amount for each request to transfer is 500 Units or such other lower amount asthe Manager in its sole discretion allows.5.9 Switching FacilityUnit Holders are allowed to switch their Units in the Fund into units of any funds managed by theManager.The minimum switching amount is 1,000 Units, provided the value of the Units in RinggitMalaysia meets the minimum initial investment amount of the fund that the Unit Holder intendsto switch into.As the Fund is an equity fund, Unit Holders will not be required to pay the sales charge imposedby the fund they intend to switch into.Switching from a Shariah-compliant fund to a conventional fund is discouraged especially forMuslim Unit Holders.5.10 Distribution PolicyIncidental.5.11 Mode of DistributionThe following modes of distributions are offered to Unit Holders:a) income distribution proceeds to be paid out by way of cheque; orb) income distribution proceeds to be reinvested as additional Units of the Fund.Please note that income distribution proceeds will be automatically reinvested, if:a) Unit Holders do not indicate their distribution options in the Fund’s application form;orb) the income distribution proceeds amounts to less than RM 50.00 or such other amount asmay be determined by the Manager from time to time.Income distribution proceeds which are reinvested as additional Units of the Fund will be basedon the NAV per Unit on the Business Day following the income distribution declaration date. Thereinvestment of such additional Units will only be done within 14 days of the income distributiondeclaration date. Please note that no Sales Charge will be imposed on such reinvestments.Unit Holders who opt for distribution proceeds to be paid out by way of cheque, will be paidwithin 14 days of the income distribution declaration date.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage356.1 Background InformationThe Manager, Manulife Asset Management Services Berhad (formerly known as Manulife UnitTrusts Berhad), was incorporated in Malaysia on 30 September 2008 under the Companies Act,1965. The Manager commenced operations as a unit trust management company with thelaunch of its maiden funds, Manulife Equity Plus Fund and Manulife Bond Plus Fund in late 2009.In 2012, pursuant to the rationalization and re-organization of the asset and unit trustmanagement businesses of the Manulife group of companies where the business and assets ofManulife Asset Management (Malaysia) Sdn Bhd (“MAMM”) were transferred to the Manager,the Manager varied its Capital Markets and Services Licence for the regulated activity of “dealingin securities restricted to unit trust” to allow them to also conduct the regulated activity of “fundmanagement” under the Act.With effect from 18 June 2012, the Manager is the holder of a Capital Markets Services Licencefor the regulated activities of fund management and dealing in securities restricted to unit trustsissued under the Act. The Manager has approximately 3 years of experience in the unit trustand fund management industry. As at 31 October 2012, the Manager manages 5 unit trustfunds as well as private mandates amounting to approximately RM3.3 billion in assets undermanagement.The investment professionals of the Manager form part of the Manulife group of companies’asset management global network of investment professionals with about 300 fund managers,analysts and traders who together provide comprehensive asset management solutions. As at31 October 2012, the Manager has staff strength of 46, of which 7 are involved in investmentrelated activities.6.2 Financial PositionYear Ended Year Ended Year Ended31 December 31 December 31 December2012 2011 2010(RM) (RM) (RM)Turnover 5,502,428 1,563,039 1,392,866Profit/(Loss) Before Tax (6,762,495) (1,947,191) (1,260,708)Profit/(Loss) After Tax (6,762,495) (2,368,103) (882,518)Issued/Paid-up Capital 47,000,000 17,000,000 12,000,000Shareholders’ Funds 36,127,924 12,890,419 10,258,522Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage366.3 The Board of Directors as at 14 March 2013Datuk Seri Panglima Mohd Annuar bin Zaini (Chairman and Independent Director) wasappointed to the Board on 5 th July 2011. He holds a Master of Arts in Law & Diplomacy from TheFletcher School of Laws & Diplomacy, Tufts University, USA and a Bachelor of Arts with honoursin Economics from University Kebangsaan Malaysia.He began his career as an Administrative and Diplomatic Officer in 1977. He served the Malaysiangovernment at various ministries and departments and also the Perak State Government until hechose to take an optional retirement from the government service in 1999.He was the Chairman of Malaysian National News Agency (BERNAMA) from February 2004to January 2010. In February 2004, HRH The Sultan of Perak consented his appointment asMember of the Council of Elders to HRH Sultan of Perak. He was Advisor and Chief Executive ofNorthern Corridor Implementation Authority from 2007 to 2009. He is a Member of the PerakCouncil of Islamic Religion and Malay Customs and the Board Member to the Perak State IslamicEconomic Development Corporation. He is also a Distinguished Fellow to the Institute of Strategicand International Studies (ISIS) Malaysia and Adjunct Professor of Northern Corridor EconomicRegion Research Centre, Universiti Utara Malaysia and Honorary Consultant to Office of ViceChancellor, Universiti Teknologi Mara.He sits on the Board of Dijaya Corporation Berhad and a few private limited companies.Dato’ Md Agil bin Mohd Natt (Independent Director) was appointed to the board on 29 June2012. He holds a Bachelor of Science in Economics (Hons) degree from Brunel University, Londonand a Master of Science in Finance degree from the CASS Business School, London. He also attendedthe Advanced Management Program, Harvard Business School in the United States of America.He started his career in Corporate Finance with Bumiputra Merchant Bankers Berhad in 1977 beforeserving as Senior General Manager (Finance) at Island & Peninsular Bhd in 1982. He was also theRegional Chief Representative of Kleinwort Benson Ltd before joining Malayan Banking Berhad(Maybank). Dato’ Agil Natt served the Maybank Group in various capacities including as Senior GeneralManager, Corporate Banking, Chief Executive Officer of Aseambankers Malaysia Berhad (now knownas Maybank Investment Bank Berhad) and Executive Director/Deputy President of Maybank.From 2006 until his retirement in 2011, Dato’Agil Natt served as President and Chief ExecutiveOfficer of the International Centre for Education in Islamic Finance (INCEIF), The Global Universityof Islamic Finance, set up by Bank Negara Malaysia.He currently sits on the Boards of Cagamas Berhad, Sogo (KL) Department Store Sdn Bhd andSogo (KL) Sdn Bhd. He is also a Member of the Board of Trustees of Yayasan Tun Abdul Razak.Dato’ Agil Natt was appointed as a Director of EXIM Bank in February 2012.Mr. Edward Ooi Tee Hee (Chief Executive Officer/Executive Director/Non-Independent Director)joined the Manager in November 2010 as Chief Distribution Officer. Edward was subsequentlyappointed as CEO of the Manager on 4 January 2011. He has over 12 years wealth managementexperience covering the sales, marketing and distribution development. Prior to joining the Manager,Edward was the Chief Officer, Channel Marketing and Distribution of one of the top asset managementcompanies since 2007. Edward joined the Manager with his immense experience in managingdistribution channels covering Institutional Sales, Agency Distribution, Regional Distribution, AgencyAdmin and Development. He is well-known in the market and has worked with most of the banks,independent financial advisers (IFA) and tied unit trust (UT) agencies in the market.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage376.3 The Board of Directors (cont’d)Edward Ooi holds a Bachelor of Business Administration Degree majoring in Marketing andManagement from University of Central Oklahoma, United States of America.Mr. Chong Soon Min (Jason) (Managing Director/Chief Investment Officer/Executive Director/Non-Independent Director) was appointed to the board on 21 May 2012. He joined MAMM inFebruary 2010 and subsequently commenced employment with the Manager on 1 July 2012. Hewas previously the Chief Investment Officer of UOB-OSK Asset Management Sdn. Bhd, and hasbeen responsible for the management of Malaysia as well as regional equity and fixed incomefunds, totalling about RM5 billion (approx. US$1.6 billion). Before joining the fund managementindustry, he spent 14 years as an investment analyst covering both the local and foreign equities. Hislast posting was as the Head of Research at Merrill Lynch Malaysia/Smith Zain Securities Sdn Bhd.He holds a Bachelor of Science degree in Economics and Finance (Honors) from the University ofSouthern New Hampshire, USA and a Capital Markets and Services Representative’s Licence infund management.Mr. Michael Floyd Dommermuth (Non-Independent Director) was appointed to the board on29 June 2012. He holds a Bachelor of Science in Mathematics and Management Science fromCarnegie Mellon University, Pennsylvania, USA.Mr. Dommermuth is the President of Manulife Asset Management, Asia. He is a member ofManulife Asset Management’s Executive Committee and Manulife’s Asia Division ExecutiveCommittee. He joined the firm in 2001 and is located in Hong Kong.Mr. Dommermuth oversees all investment activities across Asia and Japan. He is responsiblefor managing Manulife’s rapidly growing assets within the region and ensuring the Company’sinvestments complement the regulatory landscape. He is also responsible for establishing andexecuting business strategy, business development, regulatory and business risk management,client relationship management and local operational and managerial support for Asia.Prior to his current appointment, Mr Dommermuth headed Manulife’s investment operations inAsia, ex-Hong Kong. From 2001 to 2004, he headed the company’s institutional spread-basedbusiness product development efforts based in Boston. Before joining Manulife in 2001, Michaelwas head of various units within a global rating agency, including leveraged finance and assetbackedsecurities based in New York, London and Sydney. He has a total of 22 years capitalmarket experience.Mr Mark Steven O’Dell (Non-Independent Director) was appointed to the Board on 14 March2013. He holds a Completed Chartered Life Underwriter (CLU) and a Completed CharteredFinancial Consultant (ChFC). He was appointed Senior Vice President, South East Asia inNovember 2012 whereby he oversees operations in Malaysia, Singapore and the Philippines.He also serves as Group Chief Executive Officer and Executive Director of Manulife HoldingsBerhad (Manulife Malaysia). Prior to his current appointment, Mark was the President andChief Executive Officer of Manulife Taiwan. He has over 30 years of experience in the lifeinsurance business.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage386.3 The Board of Directors (cont’d)Christopher Franz Bendl (Non-Independent Director) was appointed to the board on 19 th July2011. He joined Manulife in December 2010 as the Head of Regional Wealth Management forAsia reporting directly to the Senior Executive Vice President & General Manager, Asia. He is amember of the Regional Management Team. For the past 8 years, Mr. Bendl has held variousleadership positions within the international life insurance companies of AIG in the Middle Eastand Southeast Asia and most recently as the CEO of an Indonesian insurer.Mr. Bendl has a diverse and successful track record in the development of alternative distributionchannels and partnerships, product development and business transformation initiatives in manyoperating jurisdictions and under many different business conditions. Previously, Mr. Bendlworked for Manulife Financial and its related companies for nearly 10 years, where he held seniorpositions in the investment, pension and insurance subsidiaries in Canada, Indonesia and thePhilippines. Mr. Bendl completed a MBA at Queen’s University and a Bachelor of Science degreeat The University of British Columbia.Encik Ahmad Riza bin Basir (Independent Director) was appointed to the board on 26 September2011. He obtained his Bachelor of Law Degree with honours from the University of Hertfordshire,UK and qualified as a barrister-at-law of the Honourable Society of Lincoln’s Inn, London, UK.Encik Riza sits on the board of United Plantations Berhad. He is also a member of the auditcommittee of United Plantations Berhad.6.4 Duties and Responsibilities of the ManagerThe Manager is responsible for the day-to-day management, marketing and administration ofthe Fund, where its key functions include:a) Endeavouring that the Fund is managed in a sound and professional manner in accordancewith its investment objectives, the provisions of this Prospectus and the Deed;b) Endeavouring that the Fund is properly administered and to arrange for sale andredemption of Units of the Fund;c) Issuing the Fund’s interim and annual reports to Unit Holders;d) Keeping proper records of the Fund; ande) Keeping Unit Holders informed on material matters relating to the Fund.6.5 Investment CommitteeThe duties and responsibilities of the Investment Committee are as follows:a) Selecting appropriate strategies to achieve the proper performance of the Fund inaccordance with the fund management policies;b) Ensuring that the strategies selected are properly and efficiently implemented by theManager; andc) Actively monitor, measure and evaluate the fund management performance of theManager.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage396.5 Investment Committee (cont’d)The Investment Committee meets at least 4 times a year.The members of Investment Committee for the Fund consist of:Tan Sri Dato’ Mohd Sheriff bin Mohd Kassim (Chairman and Independent member)holds a BA (Honours) Economics degree from University Malaya and a Diploma in EconomicDevelopment from Oxford University, United Kingdom. He also holds a MA Economics fromVanderbilt University, United States of America.Tan Sri was the Managing Director of Khazanah Nasional Berhad from 1994 to August 2003 andpast Director of United Engineers (Malaysia) Berhad and former Chairman of UEM Land Sdn Bhd(formerly known as Renong Berhad). Prior to joining Khazanah Nasional Berhad as the ManagingDirector in 1994, he served as the Secretary General of Treasury, Ministry of Finance for 3 years.Tan Sri Dato’ Mohd Sheriff is President of the Malaysian Economic Association. He serves asa Non-Executive Chairman of Projek Lebuhraya Utara-Selatan Berhad, PLUS Malaysia Berhad,Scientex Berhad, Standard Chartered Bank Malaysia Berhad and Standard Chartered Saadiq Bhd.He also serves as non-executive director of Yayasan UEM.Dato’ Md Agil bin Mohd Natt (Independent member)(profile as per above)Mr. Alex Wong Chi Kit (Non-Independent Member) holds a first class honor degree in ActuarialScience from the University of Hong Kong and he is also a Fellow of the Society of Actuaries.He was a member of actuarial sub-committee of Life Insurance Association in Singapore. AlexWong has more than 12 years of experience in actuarial profession with Asian market knowledgeespecially in life insurance, annuity and wealth management business. He has joined ManulifeFinancial since 1999 and held various roles in Manulife Financial’s offices in Hong Kong, Singaporeand Malaysia.6.6 Key Personnel of the Manager as at 1 November 2012Mr. Edward Ooi Tee Hee(profile as per above)Mr. Chong Soon Min (Jason)(profile as per above)Ms. Sabrina Ang Bee Lin (Head of Institutional Partnerships) joined the Manager in June 2011as the Head of Institutional Partnerships. She is responsible for areas of sales and distributionwith Institutional Unit Trust Advisors (IUTA). She has more than 10 years of experience in wealthmanagement, covering sales and marketing. Prior to joining the Manager, she was the Headof IUTA of one of the top asset management companies since 2004. She holds a Bachelor ofBusiness Administration (Hons) majoring in Marketing from Anglia Ruskin University, UK.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage406.6 Key Personnel of the Manager as at 1 November 2012 (Cont’d)Mr. Tan Soo Siong (Head of Operations) joined the Manager in July 2012. Prior to joining theManager, he has over 20 years experience in the banking and finance services including 8 yearsin the investment management and unit trust industry, covering various areas in fund (includingtrustee operations), customers and distributor services, investor operations and informationtechnology. He holds a Diploma in International Advertising from the World Secretariat,International Advertising Association Incorporated USA.Ms. Elsie Tham Lai Ching (Fixed Income Portfolio Manager) joined MAMM in 2009 andsubsequently commenced employment with the Manager on 1 July 2012, and has a total of 6years in the capital market industry. She is responsible for managing the fixed income portfoliosand performing comprehensive credit evaluation on all fixed income investments and financialinstitutions. Previously, she was a credit analyst with RAM Rating Services Berhad.She holds a degree of Bachelor of Engineering from Loughborough University and is a holder ofCapital Markets and Services Representative’s Licence in fund management.Mr. Tew Sow Hume (Assistant Vice President, Operations & Middle Office) joined MAMM in October2011 and subsequently commenced employment with the Manager on 1 July 2012. He is responsiblefor overseeing the operations of the back and middle office functions. Previously, he was with PhiemAsset Management Sdn. Bhd. for 15 years where he started his career as operations executive androse to become operations manager responsible for managing the back office functions. He was latertransferred to become the senior manager of Compliance in the same organization.He is a fellow of the Association of Chartered Certified Accountants (ACCA).Mr. Raymond Lee Long Heng (Head of Compliance) joined MAMM in November 2009 andsubsequently commenced employment with the Manager on 1 July 2012. He is the registeredcompliance officer for the Manager and is responsible for all compliance matters for thecompany. He was previously the compliance officer for Alliance Investment ManagementBerhad. He graduated with LL.B (Hons) from University of Cardiff, Wales and started his careeras a practicing lawyer. He also holds a Masters in Business Administration (with Merits) fromUniversity of Nottingham.Ms. Ong Bee Lian (Senior Manager of Operations) is an Associate Member of the CharteredInstitute of Management Accountants. She has more than 15 years of experience in the unittrust, trustee services and stockbroking industry. She is responsible for the smooth running ofthe operation functions of the Manager. In addition, she is also responsible for the developmentand implementation of the Manager’s system.Designated Fund ManagerMs. Tock Chin Hui (Head of Equities) joined MAMM in May 2010 and subsequently commencedemployment with the Manager on 1 July 2012, and is responsible for the equity portfolios as wellas overseeing the equity team. She has more than 15 years of experience in the capital marketindustry. She was previously the Deputy Head of Equities of UOB-OSK Asset Management SdnBhd. She holds a Capital Markets and Services Representative’s Licence in fund management.She holds a Degree of Bachelor of Business (Accounting) from Monash University. She is aChartered Financial Analyst (CFA) charter holder and also a holder of CPA (Australia).Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage416.7 Material LitigationAs at 31 October 2012, the Manager is not engaged in any material litigation and arbitration,including those pending or threatened, and is not aware of any facts likely to give rise to anyproceedings which might materially affect the business/financial position of the Manager.6.8 Manager’s DelegatesCIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad)The Manager has appointed CIMB Islamic Trustee Berhad (formerly known as CIMB TrusteeBerhad) to undertake the valuation function for the Fund by way of a service level agreement.The delegate will perform the daily valuation and pricing for the Fund.The corporate information of CIMB Islamic Trustee Berhad (formerly known as CIMB TrusteeBerhad) is as set out under Chapter 7 below.Manulife Holdings Berhad (MHB)MHB is responsible for the functions relating to internal audit, human resource, finance, corporatesecretarial and legal.MHB is the holding company and provides certain shared services to its subsidiaries and relatedcompanies.As at 31 October 2012, MHB has a paid-up capital of RM101 million and shareholders’ funds(consolidated basis) of RM720 million.The following is a summary of the past performance of MHB (consolidated basis) based onaudited financial statements for the last 3 years:Year Ended 31 December2011 2010 2009(RM’000) (RM’000) (RM’000)Paid-up Share Capital 101,185 101,185 101,185Shareholders’ Funds 575,811 535,587 488,244Turnover 640,874 614,854 587,742Profit before Tax 85,015 82,188 79,381Profit after Tax 67,367 64,354 59,148Manulife Insurance Berhad (MIB)Functions relating to product development and marketing will be provided by MIB.MIB commenced operations in year 2008 and is a wholly owned subsidiary of MHB and alsoprovides certain shared services to the other subsidiaries of MHB.As at 31 October 2012, MIB has a paid-up capital of RM150 million and shareholders’ funds(consolidated basis) of RM484 million.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter6 MANAGEMENT COMPANYpage426.8 Manager’s Delegates (cont’d)Manulife Insurance Berhad (MIB) (cont’d)The following is a summary of the past performance of MIB based on audited financial statementsfor the last 3 years:Year Ended 31 December2011 2010 2009(RM’000) (RM’000) (RM’000)Shareholders’ Funds 335,217 272,954 208,969Turnover 628,132 602,280 574,759Profit before Tax 75,708 74,470 70,568Profit after Tax 62,321 59,500 52,094Paid-up Share Capital 150,000 150,000 150,000Manulife Technology & Services Sdn Bhd (MTS)MTS is responsible for providing information technology services.MTS commenced operations in year 2004 and is a global IT shared service centre for the Manulifegroup of companies in Asia and North America.As at 31 October 2012, MTS has a paid-up capital of RM2.3 million and shareholders’ funds ofRM16.94 million.Year Ended 31 December2011 2010 2009(RM’000) (RM’000) (RM’000)Shareholders’ Funds 14,114 12,020 11,243Turnover 20,687 17,960 11,329Profit before Tax 2,036 694 (572)Profit after Tax 2,094 778 (615)Paid-up Share Capital 2,300 2,300 2,300Manulife Data Services Inc. (MDSI)MDSI is responsible for providing investment back-office services to the Manager.The function of the back-office that MDSI provides includes; reconciliation, transactionprocessing, data management, security pricing and NAV verification.MDSI was established in 2006 by Manulife Financial Corporation as a shared services provideroperating in Manila providing accounting, back-office and technical services to Manulife Financialsubsidiaries worldwide.The financial position of MDSI for the last three years:Year Ended 31 December2011 2010 2009(RM) (RM) (RM)Issued Capital 754,944 729,884 774,784Shareholders’ Funds 13,313,856 13,803,169 13,252,095Turnover (Revenue) 97,551,570 82,273,570 63,047,855Profit before Tax (1,070,791) 1,465,173 8,096,413Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter7 TRUSTEEpage437.1 Background Information of the TrusteeCIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad) was incorporated on19 January 1988 and registered as a trust company under the Trust Companies Act, 1949 andhaving its registered office at 5 th Floor, Bangunan CIMB, Jalan Semantan, Damansara Heights,50490 Kuala Lumpur, Malaysia. The Trustee is qualified to act as a trustee for collectiveinvestment schemes approved under the Capital Markets and Services Act 2007. The Trustee hasan authorised capital of RM5,000,000 divided into 500,000 ordinary shares of RM10.00 each ofwhich the total issued capital is RM2,000,000 divided into 200,000 ordinary shares of RM10.00each, and the total paid up capital is RM1,000,000 divided into 200,000 ordinary shares ofRM10.00 each and partly paid-up at RM5.00 each.Shareholders %CIMB Bank Berhad 20S.B. Venture Capital Corporation Sdn Bhd 20S.B. Properties Sdn Bhd 20CIMB Holdings Sdn Bhd 20CIMB Berhad 20Total 1007.2 Financial Position of the TrusteeThe following is a summary of the past performance of the Trustee based on audited accountsfor the past three financial years ended 31 December:2011 2010 2009(RM) (RM) (RM)Paid-Up Capital 1,000,000 500,000 500,000Shareholders’ Fund 5,317,318 4,631,155 4,405,690Turnover 5,163,829 5,643,936 4,969,726Pretax Profit 2,321,869 1,835,567 1,918,415Profit After Tax 1,739,687 1,356,697 1,399,7547.3 Experience in Trustee BusinessAs at 31 December 2012, the Trustee acts as trustee to 3 real estate investment trust funds, 17unit trust funds and 15 wholesale funds.In addition to overseeing these funds, the Trustee also acts as trustee to private debt securitiesissues such as sukuk, bonds and notes. Other than being the administrator of deceased’s estates,executor of wills, trustee for minors or incapacitated persons, the Trustee also acts as trusteefor public, charitable, staff retirement, and pension/ gratuity fund scheme, custodian trustee forassociations, clubs and others.The Trustee is supported by 19 staff, constituting 12 executives and 7 non-executives as at 31December 2012.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter7 TRUSTEEpage447.4 Board of DirectorsThe following table sets out information regarding the Board of Directors of CIMB Islamic TrusteeBerhad (formerly known as CIMB Trustee Berhad):NameZahardin bin OmardinLoh Shai WengChan Swee Liang CarolinaLiew Pik YoongDirectorshipIndependent Director & Chairman, Non-Executivenon-Independent Director, Non-Executivenon-Independent Director, Non-Executivealternate Director to Chan Swee Liang Carolina7.5 Key Management StaffLiew Pik Yoong (Head of Trustee Services)Ms Liew joined CIMB in January 2011. She has more than 25 years experience in financial marketand securities industry. Prior to joining CIMB, she held positions as Head/Director, Investors &Intermediaries and Head, Securities Services for custody and fund services product with a localinternational bank. Prior to that, she was Chief Operating Officer with a local foreign-ownedtrustee company and was Vice-President / Head of Department with a local foreign bank whereshe was responsible for Custody Services in addition to supporting share margin and unit trustproduct. She has a degree in the Institute of Chartered Secretaries & Administrators (ICSA).Lee Kooi Yoke (Head of Operations)Ms Lee holds a Bachelor Degree in Administration (Finance) from Griffith University, Australia; anda member of CPA Australia, Malaysia Institute of Accountant and Financial Planning AssociationMalaysia. She has more than 20 years of working experience in the financial industry. Prior to joiningCIMB Trustee Services, she was heading the operations of a unit trust management company andbefore that investment operations of one of the largest insurance company.Jeslin Ng Lai Peng, Associate DirectorMs Ng holds a Bachelor of Arts (Honours) Degree in Business Administration from the Universityof Bolton and London Chamber of Commerce and Industry (LCCI) qualification and has more thanten (10) years of experience in accounting and trust operations.Azida Binti Abdul Aziz, ManagerShe holds a Diploma in Accountancy from Universiti Teknologi Mara. She has more than ten (10)years experience in trust operations.Azmi Bin Hussin, Assistant ManagerAzmi holds a Diploma in Business Administration from Binary Business School. He has morethan eight (8) years experience in Unit Trust Operations and Fund Accounting. Prior to joiningCIMB Islamic Trustee Berhad (formerly known as CIMB Trustee Berhad), he was attached to amultinational company providing fund administration services.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter7 TRUSTEEpage467.8 Trustee’s DeclarationThe Trustee is independent of the Manager. The Trustee will carry out transactions on an arm’slength basis and on terms which are best available for the Fund, as well as act at all times in thebest interest of the Fund’s investors. The Trustee also has adequate procedures and processes inplace to prevent or control conflicts of interest.7.9 Trustee’s DelegateThe Trustee has appointed CIMB Islamic Nominees (Tempatan) Sdn Bhd (formerly known asSouthern Nominees (Tempatan) Sdn Bhd (8424H) (as custodian) as the Trustee’s delegate toperform custodial function which includes safekeeping, settlement and corporate action relatedprocessing and cash and security reporting.All investments are automatically registered in the name of the Fund. CIMB Islamic Nominees(Tempatan) Sdn Bhd (formerly known as Southern Nominees (Tempatan) Sdn Bhd) acts only inaccordance with instructions from the Trustee.7.10 Material Litigation and ArbitrationAs at 31 December 2012, the Trustee is not engaged in any material litigation and arbitration,including those pending or threatened, and is not aware of any facts likely to give rise to anyproceedings which might materially affect the business/financial position of the Trustee or any ofits delegates.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter8 SHARIAH ADVISERpage478.1 Background InformationIBFIM has been appointed as the Shariah Adviser for the Manulife Shariah – Dana Ekuiti (“theFund”). Scheduled to meet the Manager and/or the Investment Committee of the Fund everyquarter, IBFIM will advise the Manager on the selection of investment tools to be adopted. IBFIMwill also counsel on the mechanism of the operations of the Fund’s activities to ensure that theoperations of the Fund comply with Shariah requirements.8.2 General Information of IBFIMIBFIM was incorporated as a company limited by guarantee and not having share capital inMalaysia under the Companies Act, 1965 on 15 February 2007.8.3 Experience in Advisory and ServicesIBFIM is registered with the SC to act as a Shariah Adviser for Shariah-compliant collectiveinvestment schemes and sukuk issuance. IBFIM is also involved in numerous Shariah-compliantprivate mandates as well as the Shariah Adviser for Islamic REITs and Islamic asset managementhouses.As at 30 September 2012, IBFIM has total staff strength of 62 employees, and has 60 fundsunder its supervision.8.4 Roles and Responsibilities of IBFIM as the Shariah AdviserAs the Shariah Adviser, the role of IBFIM is to ensure that the operations and investments ofthe Fund are in compliance with Shariah requirements. The Shariah Adviser reviews the Fund’sinvestments on a monthly basis to ensure compliance with Shariah requirements at all times andmeets with the Manager on a quarterly basis to review and advise on the Fund’s compliancewith Shariah requirements. Final responsibility for ensuring Shariah compliance of the Fund withShariah requirements in all relevant aspects rests solely with the Manager.In line with the Securities Commission (“SC”) Guidelines, the roles of IBFIM as the Shariah Adviser are;1. ensuring that the Shariah-compliant unit trust fund (“the Fund”) is managed andadministered in accordance with the Shariah principles;2. providing expertise and guidance for the Fund in all matters relating to Shariah principles,including on the Fund’s deed and information memorandum, its structure and investmentprocess, and other operational and administrative matters;3. consulting the SC who may consult the Shariah Advisory Council where there is any ambiguityor uncertainty as to an investment, instrument, system, procedure and/or process;Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter8 SHARIAH ADVISERpage488.4 Roles and Responsibilities of IBFIM as the Shariah Adviser (cont’d)4. scrutinising the Fund’s compliance report as provided by the compliance officer,transaction report provided by or duly approved by the trustee and any other reportdeemed necessary for the purpose of ensuring that the Fund’s investments are in line withthe Shariah principles;5. preparing a report to be included in the Fund’s interim and annual report certifyingwhether the Fund have been managed and administered in accordance with the Shariahprinciples;6. ensuring that the Fund comply, with any guideline, ruling or decision issued by the SC,with regard to Shariah matters;7. vetting and advising on the promotional materials of the Fund;8. assisting and attending to any ad-hoc meeting called by the SC and/or any other relevantauthority.8.5 Profile of the Shariah TeamIBFIM’s Shariah team consists of the following personnel:Mohd Bakir Haji Mansor (Distinguished Shariah Advisor)Mohd Bakir Haji Mansor is a member of the Shariah Supervisory Council of Bank Islam MalaysiaBerhad (BIMB), the Shariah Advisory Body of Syarikat Takaful Malaysia Berhad, the ShariahAdvisory Committee of the Employees Provident Fund and sits on the Shariah Panel Committeeof Amanah Ikhtiar Malaysia. He is also the Chairman of the Shariah Advisory Committee of BIMBSecurities Sdn. Bhd and the Shariah Advisory Committee of the Association of Islamic BankingInstitutions Malaysia.Prior to joining IBFIM, Mohd Bakir was the Shariah Coordinator at BIMB, from 1984 to 2001.Previously, he served at the National Council for Islamic Religious Affairs in the Prime Minister’sDepartment for 10 years from 1971. He was also a Chief Assistant Director at the Islamic ResearchCentre for 4 years from 1981. He holds a Shahadah Ulya from Kolej Islam Malaya.Mohd Nasir Ismail (Shariah Advisor)Mohd Nasir Ismail, IFP, has been with IBFIM since its incorporation. He is responsible in providingShariah input on the advisory, consultancy and research functions with regard to Islamic banking,takaful, Islamic capital market and Shariah-compliant unit trust Fund. Prior to joining IBFIM, hewas with Institut Pengajian Ilmu-Ilmu Islam, Kelantan. He graduated with a Bachelor of Shariah(Honours) from the University of Malaya in 1998. He is also the designated person responsiblefor Shariah matters related to the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter8 SHARIAH ADVISERpage498.5 Profile of the Shariah Team (cont’d)Ahmad Zakirullah Mohamed Shaarani (Senior Shariah Officer)Ahmad Zakirullah Mohamed Shaarani joined IBFIM in February 2008. He is responsible inproviding Shariah input on the advisory, consultancy and research functions with regard to Islamicbanking, takaful, Islamic capital market and Shariah-compliant unit trust Fund. Prior to joiningIBFIM, he served at University Sains Islam Malaysia before joining PTPL College. He obtained hisMaster in Islamic Revealed Knowledge and Human Sciences from International Islamic Universityof Malaysia (Honours), Bachelor of Shariah Islamiyyah (Honours) from Al-Azhar University,Egypt and Diploma of Shariah Islamiyyah (Honours) from Higher Institute of Islamic and ArabicLanguage (MADIWA). He is also the designated person responsible for Shariah matters relatedto the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage509.1 Rights and Liabilities of the Unit HoldersRights of the Unit HoldersAs a Unit Holder of the Fund, and subject to the provisions of the Deed, you have the right:1) to receive distributions, if any, of the Fund;2) to participate in any increase in the NAV of Units of the Fund;3) to call for Unit Holders’ Meetings and to vote for the removal of the Trustee or the Managerthrough a Special Resolution;4) to exercise the cooling-off right if you invest for the first time with the Manager except forif you are either corporate /institutional clients, staff of the Manager or a registered unittrust consultant;5) to receive annual and interim reports on the Fund; and6) to exercise such other rights and privileges as provided for in the Deed.However, a Unit Holder would not have the right to require the transfer to the Unit Holder of anyof the investments of the Fund. Neither would a Unit Holder have the right to interfere with orto question the exercise by the Trustee (or the Manager on the Trustee’s behalf) of the rights ofthe Trustee as registered owner of the investments and assets of the Fund.NOTE:PLEASE BE ADVISED THAT IF YOU INVEST IN UNITS THROUGH AN IUTA WHICHADOPTS THE NOMINEE SYSTEM OF OWNERSHIP, YOU WOULD NOT BE CONSIDEREDTO BE A UNIT HOLDER UNDER THE DEED AND YOU MAY CONSEQUENTLY NOT HAVEALL THE RIGHTS ORDINARILY EXERCISABLE BY A UNIT HOLDER (FOR EXAMPLE, THERIGHT TO CALL FOR A UNIT HOLDERS’ MEETING AND TO VOTE THEREAT AND THERIGHT TO HAVE YOUR PARTICULARS APPEARING IN THE REGISTER OF UNIT HOLDERSOF THE FUND).Liabilities of the Unit HoldersAs a Unit Holder of the Fund, and subject to the provisions of the Deed, your liabilities would belimited to the following:1) A Unit Holder would not be liable for nor would a Unit Holder be required to pay anyamount in addition to the payment for Units of the Fund as set out in this Prospectus andthe Deed.2) A Unit Holder would not be liable to indemnify the Trustee and/or the Manager in theevent that the liabilities incurred by the Trustee and/or the Manager on behalf of the Fundexceed the NAV of the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage519.2 Maximum Fees and Charges permitted by the DeedSales Charge6.00% of the NAV per Unit.Redemption Charge1.00% of the NAV per Unit.Annual Management Fee2.00% of the NAV of the Fund per annum.Annual Trustee Fee0.20% of the NAV of the Fund per annum, calculated and accrued on a daily basis.9.3 Procedures to increase the maximum rate of the direct and indirect feesand charges as provided in the ProspectusSales ChargeThe Manager may only charge a Sales Charge at a rate higher than that disclosed in the Prospectus if:a) the Manager has notified the Trustee in writing of the higher rate and the date on whichsuch higher rate is to become effective;b) a supplemental prospectus stating the higher rate is issued thereafter; andc) such time as may be prescribed by any relevant law shall have elapsed since thesupplemental prospectus is issued.Redemption ChargeThe Manager may only charge a Redemption Charge at a rate higher than that disclosed in theProspectus if:a) the Manager has notified the Trustee in writing of the higher rate and the date on whichsuch higher rate is to become effective;b) a supplemental prospectus stating the higher rate is issued thereafter; andc) such time as may be prescribed by any relevant law shall have elapsed since thesupplemental prospectus is issued.Annual Management FeeThe Manager may only charge an annual management fee at a rate higher than that disclosed inthe Prospectus if:Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage529.3 Procedures to increase the maximum rate of the direct and indirect feesand charges as provided in the Prospectus (cont’d)Annual Management Fee (cont’d)a) the Manager has come to an agreement with the Trustee on the higher rate;b) the Manager has notified the Unit Holders of the higher rate and the date on which suchhigher rate is to become effective;c) a supplemental prospectus stating the higher rate is issued thereafter; andd) such time as may be prescribed by any relevant law shall have elapsed since thesupplemental prospectus is issued.Annual Trustee FeeThe Trustee may only charge an annual trustee fee at a rate higher than that disclosed in theProspectus if:a) the Manager has come to an agreement with the Trustee on the higher rate;b) the Manager has notified the Unit Holders of the higher rate and the date on which suchhigher rate is to become effective;c) a supplemental prospectus stating the higher rate is issued thereafter; andd) such time as may be prescribed by any relevant law shall have elapsed since thesupplemental prospectus is issued.9.4 Procedures to increase the maximum rate of the direct and indirect feesand charges as set out in the DeedThe maximum Sales Charge, Redemption Charge, annual management fee or annual trusteefee set out in the Deed may not be increased unless a Unit Holders’ meeting has been held inaccordance with the Deed. A supplemental deed proposing a modification to the Deed to increasesuch fees and charges is required to be submitted for registration with the SC accompanied bya resolution of not less than 2/3 of all Unit Holders at the Unit Holders’ meeting sanctioning theproposed modification to the Deed.9.5 Permitted Expenses payable out of the Fund’s propertyOnly the expenses (or part thereof) which are directly related and necessary in operating andadministering the Fund may be charged to the Fund. These would include (but are not limited to)the following:a) commissions/fees paid to brokers/dealers in effecting dealings in the investments of theFund, shown on the contract notes or confirmation notes;b) taxes and other duties charged on the Fund by the government and/or other authorities;Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage539.5 Permitted Expenses payable out of the Fund’s property (cont’d)c) costs, fees and expenses properly incurred by the auditor of the Fund;d) costs, fees and expenses incurred for the valuation of any investment of the Fund byindependent valuers for the benefit of the Fund;e) costs, fees and expenses incurred for any modification of the Deed save where suchmodification is for the benefit of the Manager and/or the Trustee;f) costs, fees and expenses incurred for any meeting of the Unit Holders save where suchmeeting is convened for the benefit of the Manager and/or the Trustee;g) costs, commissions, fees and expenses of the sale, purchase, takaful and any other dealingof any asset of the Fund;h) costs, fees and expenses incurred in engaging any specialist approved by the Trustee forinvestigating or evaluating any proposed investment of the Fund;i) costs, fees and expenses incurred in engaging any valuer, adviser or contractor for thebenefit of the Fund;j) costs, fees and expenses incurred in the preparation and audit of the taxation, returns andaccounts of the Fund;k) costs, fees and expenses incurred in the termination of the Fund or the removal of theTrustee or the Manager and the appointment of a new trustee or management company;l) costs, fees and expenses incurred in relation to any arbitration or other proceedings concerningthe Fund or any asset of the Fund, including proceedings against the Trustee or the Managerby the other for the benefit of the Fund (save to the extent that legal costs incurred for thedefence of either of them are not ordered by the court to be reimbursed by the Fund);m) remuneration and out of pocket expenses of the independent members of the investmentcommittee of the Fund, unless the Manager decides otherwise;n) costs, fees and expenses deemed by the Manager to have been incurred in connectionwith any change or the need to comply with any change or introduction of any law,regulation or requirement (whether or not having the force of law) of any governmentalor regulatory authority; ando) (where the custodial function is delegated by the Trustee) costs, fees and charges payable toa custodian of the foreign assets or investments of the Fund duly appointed by the Trustee.9.6 The Manager’s Right to RetireThe Manager has the power to retire in favour of some other corporation by giving to the Trustee 3months’ notice in writing of the Manager’s desire so to do, or such other period as the Trustee andthe Manager may agree upon, and subject to the fulfilment of the following conditions:Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage549.6 The Manager’s Right to Retire (cont’d)• the retiring Manager shall appoint such corporation by writing under its seal as themanagement company of the Fund in its stead and assign and transfer to such corporationall its rights and duties as management company of the Fund;• such corporation shall enter into such deed or deeds as the Trustee may consider tobe necessary or desirable to secure the due performance of its duties as managementcompany for the Fund; and• upon the payment to the Trustee of all sums due from the retiring Manager to the Trusteeat the date of such retirement, the retiring Manager shall be absolved and released fromall further obligations hereunder but without prejudice to the rights of the Trustee or anyUnit Holder or other person in respect of any act or omission on the retiring Manager’spart prior to such retirement and the new management company may and shall thereafterexercise all the powers and enjoy all the rights and shall be subject to all the duties andobligations as fully as though such new management company had been originally a partyto the Deed.9.7 Removal and Replacement of the ManagerThe Manager may be removed by the Trustee on the grounds that:• the Manager has failed or neglected to carry out our duties to the satisfaction of theTrustee and the Trustee considers that it would be in the Unit Holders interest to do soafter the Trustee has given notice to it of that opinion and the reasons for that opinion,and has considered any representations made by the Manager in respect of that opinion,and after consultation with the relevant authorities and with the approval of the UnitHolders by way of a Special Resolution;• unless expressly directed otherwise by the relevant authorities, if the Manager is in breachof any of its obligations or duties under the Deed or the relevant laws, or has ceased to beeligible to be a management company under the relevant laws; or• the Manager has gone into liquidation, except for the purpose of amalgamation orreconstruction or some similar purpose, or has had a receiver appointed or has ceased tocarry on business;In any of the above occurs, the Manager shall upon receipt of a written notice from theTrustee cease to be the management company of the Fund by the mere fact that the Managerhas received the notice. The Trustee shall, at the same time, by writing appoint some othercorporation already approved by the relevant authorities to be the management company of theFund; such corporation shall have entered into such deed or deeds as the Trustee may consider tobe necessary or desirable to secure the due performance of its duties as management companyfor the Fund.9.8 Retirement of the TrusteeProvided always that the Manager has in place a corporation approved by the relevant authoritiesto act as the trustee of the Fund, the Trustee may retire upon the expiration of 3 months’, or suchshorter period as Trustee and the Manager may agree upon, notice in writing to the Manager ofits desire so to do.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage559.9 Removal and Replacement of the TrusteeThe Manager is obliged to give you notice in writing to consider the removal of the Trustee ifthe Trustee fails or neglects to carry out its duties as stipulated in the Deed and under the Act.The Manager shall take all reasonable steps to replace the Trustee as soon as practicable afterbecoming aware that:• the Trustee has ceased to exist;• the Trustee has not been validly appointed;• the Trustee is not eligible to be appointed or act as a trustee under the Act;• the Trustee has failed or refused to act as trustee in accordance with the provisions andcovenants of the Deed and the provisions of the Act;• a receiver has been appointed over the whole or substantial part of the assets orundertaking of the Trustee and has not ceased to act under the appointment, or a petitionis presented for the winding up of the Trustee (other than for the purpose of and followedby a reconstruction, unless during or following such reconstruction the Trustee becomesor is declared to be insolvent); or• the Trustee is under investigation for conduct that contravenes the Trust Companies Act1949, the Trustee Act 1949, the Companies Act 1965 or any securities law.The Trustee may be removed and another trustee may be appointed by Special Resolution of theUnit Holders at a duly convened meeting of which notice has been given to the Unit Holders inaccordance with the Deed.9.10 Termination of the FundThe Fund may be terminated or wound up should the following events occur:• The SC’s approval is revoked under section 212(7)(A) of the Act;• A Special Resolution is passed at a Unit Holders’ meeting to terminate or wind up theFund, following occurrence of events stipulated under section 301(1) of the Act and thecourt has confirmed the resolution, as required under section 301(2) of the Act;• A Special Resolution is passed at a Unit Holders’ meeting to terminate or wind up the Fund;• The Fund has reached its maturity date; and• The effective date of an approved transfer scheme (if any) has resulted in the Fund, whichis the subject of the transfer scheme, being left with no asset/property.Upon the termination of the Fund, the Trustee shall:a) sell all the assets of the Fund then remaining in its hands and pay out of the Fund anyliabilities of the Fund; such sale and payment shall be carried out and completed in suchmanner and within such period as the Trustee considers to be in the best interests of theUnit Holders; andb) from time to time distribute to the Unit Holders, in proportion to the number of Units heldby them respectively:i) the net cash proceeds available for the purpose of such distribution and derivedfrom the sale of the investments and assets of the Fund less any payments forliabilities of the Fund; andii)any available cash produce;Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage579.11 Unit Holders’ MeetingQuorum required for a Unit Holders’ MeetingThe quorum required for a meeting of the Unit Holders shall be 5 Unit Holders, whether presentin person or by proxy, provided that if the Fund has 5 or less Unit Holders, the quorum requiredfor a meeting of the Unit Holders of the Fund shall be 2 Unit Holders, whether present in personor by proxy; if the meeting has been convened for the purpose of voting on a Special Resolution,the Unit Holders present in person or by proxy must hold in aggregate at least 25% of the Unitsin circulation at the time of the meeting.Meeting convened by the Unit HoldersThe Unit Holders may direct the Manager to summon a meeting for any purpose including,without limitation, for the purpose of:a) requiring the retirement or removal of the Manager;b) requiring the retirement or removal of the Trustee;c) considering the most recent financial statements of the Fund;d) giving to the Trustee such directions as the meeting thinks proper; ore) considering any matter in relation to the Deed.provided always that the Manager shall not be obliged to summon such a meeting unlessdirection has been received from not less than 50 or 1/10 of all the Unit Holders.Unless otherwise required or allowed by the relevant laws, the Manager shall, within 21 days ofreceiving a direction from not less than 50 or 1/10 of Unit Holders at the registered office of theManager, summon a meeting of the Unit Holders by:a) sending by post at least 7 days before the date of the proposed meeting a notice of theproposed meeting to all the Unit Holders;b) publishing at least 14 days before the date of the proposed meeting an advertisementgiving notice of the proposed meeting in a national language newspaper published dailyand another newspaper approved by the relevant authorities; andc) specifying in the notice the place and time of the meeting and the terms of the resolutionsto be proposed at the meeting.Meeting convened by the ManagerThe Manager may summon a meeting of Unit Holders for any purpose whatsoever by:a) giving at least 14 days written notice of the meeting to Unit Holders; andb) specifying in the notice the place and time of the meeting and the terms of the resolutionsto be proposed at the meeting.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter9 SALIENT TERMS OF THE DEEDpage589.11 Unit Holders’ Meeting (cont’d)Meeting convened by the TrusteeWhere:a) the Manager is in liquidation,b) in the opinion of the Trustee, the Manager has ceased to carry on business, orc) in the opinion of the Trustee, the Manager has, to the prejudice of Unit Holders, failed tocomply with the Deed or contravened any of the provisions of the Act,the Trustee shall summon a Unit Holders’ meeting by:a) sending by post at least 21 days before the date of the proposed meeting a notice ofthe proposed meeting to each Unit Holder at the Unit Holder’s last known address or, inthe case of Jointholders, to the Jointholder whose name stands first in the records of theManager at the Jointholder’s last known address; andb) publishing at least 21 days before the date of the proposed meeting an advertisementgiving notice of the meeting in a national language newspaper published daily andanother newspaper approved by the relevant authorities.The Trustee may also summon a Unit Holders’ meeting by giving at least 14 days written noticeof the meeting to Unit Holders, specifying in the notice the place and time of the meeting andthe terms of the resolutions to be proposed at the meeting, for any purpose including, withoutlimitation, for the purpose of:a) requiring the retirement or removal of the Manager;b) giving instructions to the Trustee or the Manager if the Trustee considers that theinvestment management policies of the Manager are not in the interests of Unit Holders;c) securing the agreement of the Unit Holders to release the Trustee from any liability;d) deciding on the next course of action after the Trustee has suspended the sale andredemption of Units; ande) deciding on the reasonableness of the annual management fee charged to the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter10RELATED-PARTY TRANSACTIONS/CONFLICT OF INTERESTpage59Policies and Procedures on Dealing with Conflict of InterestManagerSave for the transactions as disclosed below, as at 30 September 2012, the Manager is not aware of anyexisting or potential related-party-transactions involving the Fund, the Manager, promoters, vendorsand/or persons connected to them:Name of PartyName ofinvolved in theRelatedtransaction Nature of Transaction Party RelationshipThe Manager Providing internal audit, MHB The Manager is a whollyhuman resource, finance,owned subsidiary of MHB.corporate secretarial andlegal services to theManagerThe Manager Providing product MIB Both the Manager and MIB aredevelopment andwholly owned subsidiaries ofmarketing services toMHB.the ManagerThe Manager Providing information MTS Both the Manager and MTStechnology services toare within the same groupthe Managerof companies.The Manager Providing investment MDSI Both the Manager and MDSIback-office services toare within the same groupthe Managerof companies.It is the Manager’s policy that all transactions with any related parties are entered in the normalcourse of business and have been established on terms and conditions that are not materially differentfrom that obtainable in transactions with unrelated parties and dealings with the related parties aretransacted at arm’s length basis.The Manager has in place policies and procedures to prevent and deal with any conflict of interestsituations that may arise such as the regular disclosure of securities dealing by all employees, directorsand members of the Investment Committee to the compliance unit for verification. In addition, thereare adequate segregation of duties to ensure proper checks and balances are in place in the areas offund management, sales administration and marketing. Policies and procedures are also in place to dealwith any potential conflict of interest where members of the Investment Committee are also directorsof other asset management companies. Where conflicts of interest arise, members of the InvestmentCommittee will abstain from making a decision.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter10RELATED-PARTY TRANSACTIONS/CONFLICT OF INTERESTpage60Policies and Procedures on Dealing with Conflict of Interest (cont’d)Manager (cont’d)Subject to any legal requirement, the Manager, or any related corporation of the Manager, or anyofficers or directors of any of them, may invest in the Fund. The directors of the Manager will receiveno payments from the Fund other than distributions that they may receive as a result of investment inthe Fund. No fees other than the ones set out in this Prospectus have been paid to any promoter of theFund or the Manager for any purpose.The Manager has also internal policies which regulates its employees’ securities dealings.None of the Manager’s directors or substantial shareholder have any direct or indirect interest in othercorporations carrying on a similar business as the Manager as at 30 September 2012.TrusteeAs the Trustee and service providers for the Fund, there may be related party transactions involving orin connection with the Fund in the following events:1) where the Fund invests in instrument(s) offered by the related party of the Trustee (i.e. placementof monies, structured products, etc);2) where the Fund is being distributed by the related party of the Trustee as IUTA;3) where the assets of the Fund are being custodised by the related party of the Trustee both assub-custodian and/or global custodian of the Fund (Trustee’s delegate); and4) where the Fund obtains financing as permitted under the Guidelines, from the related party ofthe Trustee.The Trustee has in place policies and procedures to deal with any conflict of interest situation. The Trusteewill not make improper use of its position as the owner of a Fund’s assets to gain, directly or indirectly,any advantage or cause detriment to the interests of Unit holders. Any related party transaction is to bemade on terms which are best available to the Fund and which are not less favourable to the Fund thanan arms-length transaction between independent parties.Subject to the above and any local regulations, the Trustee and/or their related group of companiesmay deal with each other, the Funds or any Unit holder or enter into any contract or transaction witheach other, the Funds or from any such contract or transaction or act in the same and similar capacityin relation to any other scheme.AdvisersThe Shariah Advisers, auditors, tax advisers, and solicitors have confirmed that they have no interest/potential interest or conflict of interest/potential conflict of interest with the Manager and the Fund.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter11 TAX ADVISER’S LETTERpage6111 th January 2013The Board of DirectorsManulife Asset Management Services Berhad(formerly known as Manulife Unit Trusts Berhad)12 th Floor, Menara Manulife6, Jalan GelenggangDamansara Heights50490 Kuala LumpurDear SirsMANULIFE SHARIAH – DANA EKUITI – TAXATION OF THE FUND AND UNITHOLDERS1. This letter has been prepared for inclusion in the Prospectus in connection with the offer of unitsin Manulife Shariah – Dana Ekuiti (hereinafter referred to as “the Fund”).2. TaxationThe following is general information based on Malaysian tax law in force at the time of lodgingthis Prospectus with the Securities Commission Malaysia and investors should be aware thatthe tax law may be changed at any time. To an extent, the application of tax law dependsupon an investor’s individual circumstances. The information provided below does not constitutetax advice. The Manager therefore recommends that an investor consult his accountant or taxadviser on questions about his individual tax position.As the Fund’s Trustee is resident in Malaysia, the Fund is regarded as resident in Malaysia and isliable to pay Malaysian income tax (“income tax” or “tax”). The taxation of the Fund is governedprincipally by Sections 61 and 63B of the Malaysian Income Tax Act, 1967 (“MITA”).Under Section 2(7) of the Malaysian Income Tax Act 1967, any reference to interest shall apply,mutatis mutandis, to gains or profits received and expenses incurred, in lieu of interest, intransaction conducted in accordance with the principles of Shariah. The effect of this is that anygains or profits received and expenses incurred, in lieu of interest, in transactions conducted inaccordance with the principles of Shariah, will be accorded the same tax treatment as if theywere interest.Unitholders are also liable to pay income tax on income distributions paid by the Fund.3. Taxation of the Fund3.1 Income TaxThe income of the Fund in respect of dividends, interest or profits from deposits and otherinvestment income (other than income which is exempt from tax) derived from or accruingin Malaysia is liable to income tax. The income tax rate applicable to the Fund is 25%.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter11 TAX ADVISER’S LETTERpage623. Taxation of the Fund (cont’d)3.1 Income Tax (cont’d)Profit from disposal of share investments, tax exempt dividends and tax exempt interest aslisted in the Appendix attached received by the Fund are not subject to income tax. The Fundmay be receiving income such as exit fee which will be subject to tax at the rate of 25%.Discount or profit received from the sale of bonds or securities issued by PengurusanDanaharta Nasional Berhad or Danaharta Urus Sendirian Berhad within and outside Malaysiais exempt from the payment of income tax.The Fund may receive dividends, profits and other income from investments outside Malaysia.Income derived from sources outside Malaysia and received in Malaysia by a resident unittrust is exempt from Malaysian income tax. However, such income may be subject to foreigntax in the country from which the income is derived.Income received by the Fund from Sukuk Ijarah, other than convertible loan stock, issued inany currency by 1Malaysia Sukuk Global Berhad and Sukuk Issue which has been issued bythe Malaysia Global Sukuk Inc is exempt from the payment of income tax.Pursuant to the Income Tax (Exemption) Order 2011, the statutory income from a businessdealing in non-ringgit sukuk by a resident person licenced under the Capital Markets andServices Act 2007 is exempted from tax provided the non-ringgit sukuk originates fromMalaysia and is issued or guaranteed by the Government of Malaysia or approved by theSecurities Commission Malaysia.The tax treatment of hedging instruments would depend on the particular hedginginstruments entered into. Generally, any gain/ loss relating to the principal portion will betreated as capital gain/ loss. Gains/ losses relating to the income portion would normally betreated as revenue gains/ losses. The gain/ loss on revaluation will only be taxed or claimedupon realisation. Any gain/ loss on foreign exchange is treated as capital gain/ loss if it arisesfrom the revaluation of the principal portion of the investment.expenses being manager’s remuneration, maintenance of register of Unitholders, shareregistration expenses, secretarial, audit and accounting fees, telephone charges, printingand stationery costs and postage, which are not allowed under the general deduction rules,qualify for a special deduction, subject to a minimum of 10% and a maximum of 25% ofsuch expenses pursuant to Section 63B of the MITA.The tax credit attached to taxable dividends received by the Fund i.e. tax deducted at sourceat the prevailing tax rate is available for set-off against tax payable by the Fund. No additionaltax will be payable by the Fund on the taxable dividends received. However, such tax or partthereof will be refundable to the Fund if the total tax so deducted at source exceeds the taxliability of the Fund by virtue of deduction of allowable expenses.With effect from the year of assessment 2008, a single-tier company income tax system hasreplaced the imputation system. The Fund is not liable to tax on any dividends paid, creditedor distributed to the Fund under the single tier tax system, where the company paying suchdividend is not entitled to deduct tax under the MITA.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter11 TAX ADVISER’S LETTERpage633. Taxation of the Fund (cont’d)3.2 Real Property Gains Tax (“RPGT”)gains on disposal of investments by the Fund will not be subject to income tax but wherethe investments represent shares in real property companies, such gains may be subject toRPGT under the RPGT Act, 1976. A real property company is a controlled company whichowns or acquires real properties or shares in real property companies with a market valueof not less than 75% of its total tangible assets. A controlled company is a company whichdoes not have more than 50 members and is controlled by not more than 5 persons.effective 1 st January 2012, the RPGT (Exemption) Order 2011 imposes the followingeffective RPGT rate on chargeable gains of any person arising from the disposal of realproperty and shares in a real property company:-Period from acquisition date to disposal date (years) Effective RPGT rate (%)Within 2 10Between 3-5 5After 50 (Exempt)4. Taxation of Unitholders4.1 Taxable DistributionUnitholders will be taxed on an amount equivalent to their share of the total taxableincome of the Fund to the extent such income is distributed to them. Taxable distributionscarry a tax credit in respect of the tax chargeable on that part of the Fund. Unitholderswill be subject to tax on an amount equal to the net taxable distribution plus attributableunderlying tax paid by the Fund.Income distributed to Unitholders is generally taxable as follows in Malaysia:-UnitholdersMalaysian tax residents:Prospectus in respect of the Manulife Shariah - Dana EkuitiMalaysian Tax Rates• Individual and non-corporate • Progressive tax rates rangingUnitholders (such as co-operatives, from 0% to 26%associations and societies)• Trust bodies • 25%UnitholdersMalaysian Tax Rates• Corporate Unitholdersi. A company with paid up • 20% for every firstcapital in respect of ordinaryRM500,000 ofshares of not more than RM2.5chargeable incomemillion where the paid up capitalin respect of ordinary shares of • 25% for chargeable incomeother companies within the samein excess of RM500,000group as such company is notmore than RM2.5 million (atthe beginning of the basis periodfor a year of assessment)

chapter11 TAX ADVISER’S LETTERpage644. Taxation of Unitholders (cont’d)4.1 Taxable Distribution (cont’d)UnitholdersMalaysian Tax Rates• Corporate Unitholdersii. Companies other than those in • 25%(i) abovenon-Malaysian tax residents:• Individual and non-corporate • 26%Unitholders• Corporate Unitholders and • 25%trust bodiesThe tax credit that is attributable to the income distributed to the Unitholders will beavailable for set off against tax payable by the Unitholders. There is no withholding tax ontaxable distributions made to non-resident Unitholders.4.2 Tax Exempt DistributionTax exempt distributions made out of gains from realization of investments and otherexempt income earned by the Fund will not be subject to Malaysian tax in the hands ofUnitholders, whether individual or corporate, resident or non-resident. All Unitholdersdo not pay tax on that portion of their income distribution from the Fund’s distributionequalisation account.4.3 Distribution VoucherTo help complete a Unitholder’s tax returns, the Manager will send the Unitholdera distribution voucher as and when distributions are made. This sets out the variouscomponents of the income distributed and the amount of attributable income tax alreadypaid by the Fund.4.4 Sale, Transfer or Redemption of Unitsany gains realized by a Unitholder on the sale, transfer or redemption of his Units aregenerally tax-free capital gains unless the Unitholder is an insurance company, a financialinstitution or a person trading or dealing in securities. Generally, the gains realized bythese categories of Unitholders constitute business income on which tax is chargeable.4.5 Reinvestment of DistributionUnitholders who receive their income distribution by way of investment in the form of thepurchase of new Units will be deemed to have received their income distribution after taxand reinvested that amount in the Fund.4.6 Unit SplitsYours faithfullyJaclyn TanExecutive DirectorUnit splits issued by the Fund are not taxable in the hands of the Unitholders.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter11 TAX ADVISER’S LETTERpage65AppendixTax Exempt Interest Income of Unit Trusts1. Interest or discount paid or credited to unit trusts in respect of the following will be exempt fromtax: -• Securities or bonds issued or guaranteed by the Government; or• Debentures or Islamic Securities, other than convertible loan stock, approved by theSecurities Commission Malaysia; or• Bon Simpanan Malaysia issued by the Central Bank of Malaysia.2. Interest derived from Malaysia and paid or credited by any bank or financial institution licensedunder the Banking and Financial Institutions Act 1989 or the Islamic Banking Act 1983.3. Interest received in respect of bonds and securities issued by Pengurusan Danaharta NasionalBerhad within and outside Malaysia.4. Interest in respect of any savings certificates issued by the Government.5. Interest in respect of Islamic securities originating from Malaysia, other than convertible loanstock, issued in any currency other than Ringgit and approved by the Securities CommissionMalaysia or Labuan Financial Services Authority.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter12 ADDITIONAL INFORMATIONpage6612.1 Updates relating to the FundThe NAV per Unit of the Fund will be quoted in at least 2 major newspapers on a daily basis toenable Unit Holders to monitor their investments.Unit Holders will also be able to obtain information pertaining to the Fund from the Manager’scompany website at www.manulife.com.my.The interim and annual reports of the Fund will be forwarded to Unit Holders no later than 2months after such periods.A statement of accounts will be issued to each Unit Holder on a half yearly basis. It will summariseall transactions effected within each Fund for the past 6 months and/or since inception as a UnitHolder.12.2 Unclaimed Moneys PolicyIn accordance to the Unclaimed Moneys Act, 1965, the Manager will declare all unclaimedmoneys to the registrar of unclaimed moneys, accountant general’s department (“Registrar”)at the end of 1 year after the cheques for the payment of those moneys were issued. Afterthe 1 year period, the Manager will remit the unclaimed moneys to the Registrar. Followingthis, Unit Holders who wish to claim their moneys are required to forward their claims directlyto the Registrar by completing Form UMA7 (claim form to refund unclaimed moneys from theConsolidated Trust Account) together with supporting documents i.e. identity card. Form UMA7may be obtained from the Registrar.12.3 Anti-Money Laundering Policies and ProceduresMoney laundering is a process intended to conceal the benefits derived from unlawful activitieswhich are related, directly or indirectly, to any serious offence so that they appear to haveoriginated from a legitimate source.The Anti-Money Laundering and Anti-Terrorism Financing Act 2001 (AMLA) is the act thatprovides for the offence of money laundering and also the measures to be taken for theprevention of money laundering and terrorism financing offences. The Financial Intelligent Unit(FIU) of BNM has been established to carry out the functions as the competent authority underthe AMLA. All market intermediaries under the CMSA and management companies approved bythe Securities Commission Malaysia under the CMSA are obliged to comply with the provisionsof the AMLA.Under the AMLA, any person who:a) engages in, or attempts to engage in; orProspectus in respect of the Manulife Shariah - Dana Ekuiti

chapter12 ADDITIONAL INFORMATIONpage6712.3 Anti-Money Laundering Policies and Procedures (cont’d)b) abets the commission of,money laundering, commits an offence and shall on conviction be liable to a fine not exceedingRM5,000,000 or to imprisonment for a term not exceeding 5 years or both.When opening new accounts and entering into a transaction with a client, the Manager identifiesand verifies the client through documents such as identity card, passport, birth certificate,constituent documents or any other official documents, whether in the possession of a thirdparty or otherwise. Such documents shall be filed by the Manager in accordance with relevantlaws. Where the Manager suspects that a particular transaction may not be genuine, a report willbe made to the FIU.12.4 Customer ServiceUnit Holders can seek the assistance of our unit trust consultants on Fund related issues at theManager’s regional support centres during our business hours from 8.30 a.m. to 5.30 p.m. fromMonday to Friday (Please refer to the Corporate Directory, Location of Manulife Regional SupportCentres section for contact details).Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter13 CONSENTSpage68The Trustee, the Shariah Adviser, the auditors for the Fund, the tax advisers for the Fund and thesolicitors have given their consent to the inclusion of their names in the form and context in which suchnames appear in this Prospectus and have not withdrawn such consent prior to the date of issue of thisProspectus.The tax advisers have given their consent to the inclusion of the tax advisers’ letter on Taxation of theFund and Unit Holders in the form and context in which it appears in this Prospectus and have notwithdrawn such consent prior to the date of issue of this Prospectus.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter14 DOCUMENTS AVAILABLE FOR INSPECTIONpage69Unit Holders may inspect without charge, at the registered office of the Manager during ordinarybusiness hours, for a period of not less than 12 months from the date of this Prospectus, the followingdocuments or copies thereof, where applicable:a) The deed and the supplementary deed(s) of the Fund (if any);b) The Prospectus of the Fund;c) The latest annual and interim reports of the Fund (if any);d) Each material contract or document referred to in this Prospectus (if any);e) All reports, letters or other documents, valuations and statements by any expert, any part ofwhich is extracted or referred to in this Prospectus (if any);f) The audited accounts of the Manager and the Fund for the last 3 financial years or from the dateof incorporation/commencement (if less than 3 years);g) Latest audited accounts of the Manager and the Fund for the current financial year (whereapplicable);h) Writ and relevant cause papers for all current material litigation and arbitration disclosed in thisProspectus (if any); andi) Any consent given by experts or persons named in this Prospectus as having made a statementthat is included in this Prospectus or on which a statement made in this Prospectus is based.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

chapter15 APPROVALS AND CONDITIONSpage70Not applicable.Prospectus in respect of the Manulife Shariah - Dana Ekuiti

DIRECTORS’ DECLARATIONpage71The first Prospectus in respect of the Manulife Shariah – Dana Ekuiti has been reviewed and approvedby us, the directors of Manulife Asset Management Services Berhad (formerly known as Manulife UnitTrusts Berhad) and we collectively and individually accept full responsibility for the accuracy of theinformation contained in the first Prospectus. Having made all reasonable enquiries, we confirm to thebest of our knowledge and belief, there are no false or misleading statements, or omission of otherfacts which would make any statement in the first Prospectus false or misleading.Directors:Edward Ooi Tee HeeDatuk Seri Panglima Mohd Annuar bin ZainiMichael Floyd DommermuthDato’ Md Agil bin Mohd NattMark Steven O’DellChristopher Franz BendlAhmad Riza bin BasirChong Soon MinProspectus in respect of the Manulife Shariah - Dana Ekuiti

Prospectus in respect of the Manulife Shariah - Dana Ekuiti

UTAPPMASTER APPLICATION FORMIn compliance with the Capital Markets and Services Act 2007, this form should not be circulated unless accompanied by the Prospectus.Please read and understand the Prospectus(es) and Supplementary Prospectus (if any) for the Fund(s) to be invested and the Terms and Conditions as specifiedoverleaf before completing this form. Please complete in BLOCK LETTERS and tick (✓) where appropriate.Individual Joint CorporateInitial InvestmentAdditional InvestmentStaff HR :Agent HOS :1. PARTICULARS OF FIRST INDIVIDUAL APPLICANTYou must be 18 years of age and above as at the date of this application. Please attach certified true copy/verified copy of your NRIC or Passport.Full Name (as per NRIC / Passport)Title :Mr Ms Madam Others, please specify :Date of Birth :DD– M M –YYYYNRIC No. : – –Passport No. :Gender :MaleFemaleRace : Malay Chinese Indian Others Religion : Muslim Non MuslimMarital Status :SingleMarried Divorced WidowedNo. of Dependents (please indicate):Nationality :Malaysian, BumiputeraMalaysian, Non-Bumiputera Non-Malaysian, please specify :2. PARTICULARS OF JOINT APPLICANTFull Name (as per NRIC / Passport / Birth Certificate)Title :Mr Ms Madam Others, please specify :Date of Birth :DD– M M –YYYYNRIC No. : – –Passport / Birth Certificate No. :Gender : Male Female Race : Malay Chinese Indian OthersNationality :Malaysian, BumiputeraMalaysian, Non-Bumiputera Non-Malaysian, please specify :3. PARTICULARS OF CORPORATE APPLICANTName of CorporateCompany / Registration No :Date of Incorporation :DD– M M –YYYYNature of Business :Corporate Status : Bumiputera Non-bumiputera Non-Malaysian ControlledContact Person 1 :Designation :Contact Person 2 : Designation :4. CONTACT DETAILSAddress :Postcode : Email :Tel No : –(House) –(Mobile)–(Office)ext.–(Fax)Employment / Business DetailsName of Employer / Firm / Business :Address :Postcode :Tel :–Occupation : Source of Income :Employment Business Savings / InheritanceIf own business, state percentage of shareholdings / ownership : Nature of Business :0812_V2Manulife Asset Management Services Berhad(formerly known as Manulife Unit Trusts Berhad) (834424-U)10th Floor, Menara Manulife, 6, Jalan Gelenggang, Damansara Heights, 50490 Kuala LumpurTel: 03-2719 9228 Fax: 03-2719 9119 Email: my_utservice@manulife.comweb: www.manulife.com.myPAGE: 1Prospectus in respect of the Manulife Shariah - Dana Ekuiti

5. AUTHORITY TO OPERATE ACCOUNTONLY APPLICABLE FOR JOINT APPLICATION:We hereby authorise Manulife Asset Management Services Berhad (MAMSB) to act on the instruction given below for redemption of units and any transactions in respectof the units held by us as joint applicants. If no instruction is indicated below, MAMSB must only act on instruction given by both applicants to effect any transactions.First applicant Both of us Either one of us6. INVESTMENT DETAILSFund NameAdditionalInvestmentAmountRMDistribution Instruction(only applicable for initial investment)ReinvestDirect CreditBank : A/C No. :ReinvestDirect CreditBank : A/C No. :1.Holder No. :2.Holder No. :3.ReinvestDirect CreditHolder No. :Bank : A/C No. :Note:(a) Income distribution (if any) will be reinvested in further Units of the same fund if there is no instruction.(b) Distribution less than RM50.00 shall be automatically reinvested.(c) For direct credit distribution payment, a copy of Bank Statement shall be attached for verification purposes. Kindly update your bank particulars if you have madeany changes in order to avoid unpresented payment.(d) Unclaimed distribution (if any) will be automatically reinvested as additional Units at the expiry of the distribution warrant based on MAMSB's NAV per Unit on theexpiry date.7. PAYMENT MODECashTelegraphic Transfer (Swift Code: MBBEMYKL)Cheque / Bank Draft Bank : Cheque / Draft No. :Please tick the box if the payment for this investment is to be paid by any one other than the Unit Holder.8. UNIT TRUST LOAN FINANCING RISK DISCLOSURE STATEMENTInvesting in a unit trust fund with borrowed money is more risky than investing with your own savings.You should assess if loan financing is suitable for you in light of your objectives, attitudes to risk and financial circumstances. You should be aware of the risks, whichwould include the following:(a) The higher the margin of financing (that is, the amount of money you borrow for every Ringgit of your own money that you put in as deposit or down payment) thegreater the potential for losses as well as gains.(b) You should assess whether you have the ability to service the repayments on the proposed loan. If your loan is a variable rate loan, and if interest rates rise, yourtotal repayment amount will be increased.(c) If unit prices fall beyond a certain level, you may be asked to provide additional acceptable collateral or pay additional amounts on top of your normal instalments.If you fail to comply within the time prescribed, your units may be sold to settle your loan.(d) Returns on unit trusts are not guaranteed and may not be earned evenly over time. This means that there may be some years where returns are high and other yearswhere losses are experienced instead. Whether you eventually realise a gain or loss may be affected by the timing of the sale of your units. The value of units mayfall just when you want your money back even though the investment may have done well in the past.The brief statement cannot disclose all the risks and other aspects of loan financing. You should therefore carefully study the terms and conditions before you decideto take the loan. If you are in doubts in respect of any of this risk disclosure statement or the terms of the loan financing, you should consult the institution offeringthe loan.9. DECLARATION AND SIGNATURE(S)(a) I/We have read and fully understood all the notes and the terms and conditions in this form, in the Master Deed, the Deed and the Supplementary Deed (if any), theMaster Prospectus and Supplementary Prospectus (if any) for the Fund(s) to be invested in and agree to be bound by the aforementioned notes, terms andconditions.(b) I/We hereby declare that the particulars and information given in this Master Application Form are true and correct and that I/We have not withheld any materialfacts or information which may influence the acceptance of this application.(c) I/We agree that the Company reserves the right to reject, withdraw or terminate forthwith without notice my/our application without assigning any reasons theretoand under no circumstances shall the Company be liable for any loss or damage for such action.(d) I/We acknowledge that I/We have read the above Unit Trust Loan Financing Risk Disclosure Statement and understood its contents.(e) I/We am/are aware of the fees and charges that will be incurred directly or indirectly when investing in the Fund(s).Signature of First Applicant /Authorised Signatory (Corporate Applicant)Date:For Distributor Use OnlySignature of Joint Applicant /Authorised Signatory (Corporate Applicant)Date:For Office Use OnlyIUTABank :Branch :Rubber Stamp :Date :HQDate & Time Received :Input By :Checked By :Approved By :Transaction Date :Transaction No. :Holder No. :*UTCName :Code :Signature :Date :* I hereby declared that I have sightedthe original NRIC / Passport / BirthCertificate of Applicant(s)All information will be kept strictly confidential.Any personal information collected or held by MAMSB (whether contained in this application or otherwise obtained) is provided and may be held, used, and disclosedby MAMSB to individuals/organization associated with MAMSB or selected third party (within or outside of Malaysia, including industry associations/federations) forpurpose of processing this application and providing subsequent service for this and other financial products and service, direct marketing, and data matching, andcommunicate with me for such purpose.You have the right to request access to and/or make any adjustment to this information by contacting our Customer Service.PAGE: 2Prospectus in respect of the Manulife Shariah - Dana Ekuiti

TERMS AND CONDITIONS OF THE MANULIFE ASSET MANAGEMENT SERVICES BERHAD (MAMSB) ACCOUNT1. TERMS AND CONDITIONS(a) The applicant will be bound by these Terms and Conditions and the terms of the Prospectus(es) including any Supplementary Prospectus(es) and Deed of eachrelevant Fund(s) in respect of all transactions.(b) MAMSB reserves the right to vary the Terms and Conditions at any time without notifying the applicant.2. ELIGIBILITYFirst Individual Applicant(a) Applicant must be 18 years of age and above as at the date of application.Joint Applicant(a) The applicant may nominate a joint applicant in which case, a photocopy of the identification document must also be provided. A joint applicant who is 18 yearsof age and above as at the date of application is also required to sign this form.(b) A joint applicant who is under 18 years of age need not sign this form. Instead, a photocopy of the identity Card or Birth Certificate is required.(c) In the event of a death of any registered joint applicant, the survivor will be the only person recognised by MAMSB and the Trustee as having any title to orinterest in the investment units.(d) Units registered in joint names with a minor can be redeemed or transferred by the parent/guardian. On or after the minor’s 18th birthday, the parent/guardianmay request that the investment units be transferred to the minor’s name. In the event of the death of the parent/guardian, MAMSB and Trustee shall recognisethe estate of the deceased as having any title to or interest in the investment units.Corporate Applicant(a) Corporation (e.g. Bhd., Sdn. Bhd.), sole proprietors, partnership, statutory bodies, etc.3. DOCUMENT(S) REQUIREDApplicants are required to submit the following certified true copy documents along with the Master Application Form to MAMSB:(a) Individual• NRIC or Passport(b) Society / Association / Cooperative / Government Body• Society’s Constitutions or By Laws• Certificate of Registration of Society• Committee / Board Resolution (include specimen signatures)(c) Sole Proprietor• Business Registration• NRIC or Passport(d) Partnership• Certificate of Registration or Partnership Agreement• Committee Resolution (include specimen signatures)(e) Malaysian Company (Berhad/Sdn Bhd)• Certificate of Incorporation• Form 24 & 29• Memorandum and Articles of Association or Constitution or By Laws• Directors’ resolution and specimen signature(s)• Form 13 (if any)MAMSB reserves the right to request for additional documents to support the application.4. INSTRUCTIONS/VOICE RECORDINGS(a) All instructions given in writing, delivered or sent by facsimile transmission by the applicant or authorised persons as named in this application shall be bindingon the applicant. MAMSB is not obliged to verify the authenticity of any such instructions or the identity of any person giving such instructions.(b) MAMSB shall be entitled to use voice recording devices to record instructions communicated to it and such recording(s) will constitute evidence of theinstructions.5. CONFIRMATION ADVICES/STATEMENTS(a) Confirmation advices, statements, cheques and other documents shall be sent at the risk of the applicant to the applicant’s last known address as notified toMAMSB. If the applicant fails to notify MAMSB in writing of any errors in the confirmation advice within 14 days, or in the statement within 30 days of issue, theapplicant shall be deemed to have waived any right to raise any objection or to pursue any remedies against MAMSB or the relevant Trustee(s).6. STATEMENT / REPORT / NOTICES(a) A computer-generated Investor Statement will be issued to the Unit Holder(s) within a reasonable time as a record of each and every payment or transactionmade.(b) A half-yearly Investor Statement will be issued to summarise all transactions during the said period to enable the Unit Holder(s) to keep track of his/herinvestment.(c) Interim and Annual Report of the Fund(s) will be sent to the Unit Holder(s) within 2 months from the end of each financial period/year.(d) Any form of correspondences sent after MAMSB successfully processed the investment transaction, the Applicant(s) is hereby a registered Unit Holder(s).(e) All correspondences from MAMSB shall be directed to the First Applicant at the registered address by normal mail only.7. REPRESENTATION(a) The applicant shall not rely on any information or representations other than those contained in the relevant Deed and Prospectus(es) including anySupplementary Prospectus(es).PAGE: 3Prospectus in respect of the Manulife Shariah - Dana Ekuiti

TERMS AND CONDITIONS OF THE MANULIFE ASSET MANAGEMENT SERVICES BERHAD (MAMSB) ACCOUNT8. NOTICES(a) All notices and other communications to be sent by the applicant to MAMSB shall be in writing and sent to such address as may be notified by MAMSB to theapplicant from time to time and shall take effect upon actual receipt by MAMSB and during normal working hours of MAMSB.(b) All written communication from MAMSB to the applicant shall be sent to the last known address as notified by the applicant. Proof of posting shall be deemedto be proof of receipt 3 business days after posting.9. SET-OFF(a) MAMSB is entitled to set off any claim which MAMSB or the relevant Trustee(s) may have against any of the assets, Units or cash of the applicant held by MAMSBor the relevant Trustee(s).10. MONIES(a) All application monies must be paid or remitted as instructed and any cheque(s) must be honoured when presented.(b) If an application is rejected in whole or in part, the application monies or balance thereof will be returned (without interest, or any returns in the case of Islamicfunds) by MAMSB by cheque or, at the cost of the applicant, by telegraphic transfer, within 10 business days from the date of application.(c) The applicant confirms that MAMSB may issue a cheque in Ringgit Malaysia to settle any redemption or other monies (if any) payable by MAMSB. Such chequeshall be made payable to the Unit Holder(s) registered from time to time and sent to the last registered address of the Unit Holder(s) on MAMSB’s computerrecords unless otherwise notified in writing.(d) In the absence of any expressed instructions, the applicant hereby authorises MAMSB to automatically reinvest income distribution (if any) in the relevantFund(s) without further reference to the applicant.11. REJECTION/CANCELLATION OF APPLICATIONMAMSB reserves the right to:(a) Accept or reject any application in whole or in part without assigning any reason;(b) Request for additional documents from the applicant to support the application;(c) Cancel any investment units issued if the payment for the investment units cannot be matched within 3 Business Days of the receipt of the application orsubscription instruction;(d) Vary these terms and conditions at any time without notifying the applicant.12. INDEMNITY(a) The applicant(s) hereby agree(s) to indemnify MAMSB and the relevant Trustee(s) and any of their authorised agents against any actions, proceedings, claims,losses, damages, costs and expenses which may be brought against, suffered or incurred by any or all of them arising either directly or indirectly out of or inconnection with MAMSB accepting, relying on or failing to act on any instructions given by or on behalf of the applicant(s) unless due to the willful default ornegligence of MAMSB.(b) The applicant acknowledges and accepts that MAMSB has the absolute discretion to rely on facsimile and confirmation from the applicant and undertakes toindemnify and hold harmless MAMSB, its employees and agents against all costs, expenses, loss of liabilities, claims and demands arising out of reliance on theapplicant’s confirmation.13. LEGAL AND TAX IMPLICATIONS(a) The applicant shall acquaint himself with the relevant tax laws and exchange control regulations in force in the countries of his citizenship, residence ordomicile.14. PAYMENT TO MUTB(a) The completed Master Application Form should be accompanied by payment and submitted to any MAMSB’s office, or its authorised Agents.(b) Investment payment should be made payable to “Manulife Asset Management Services Berhad - Sales Collection A/C” and remitted to the MAMSB’saccount in Ringgit Malaysia. Our bank account details are as below:BankAccount No.Malayan Banking Berhad 5143 2933 8410(c) MAMSB shall not be liable to pay any interest to the Unit Holder(s) for any monies held by MAMSB for the Unit Holder(s) for any reason(s) whatsoever.(d) MAMSB will process all investments subject to clearance of cheques and upon receipt of the completed documents. Purchase of Units will be based onMAMSB’s NAV per Unit on the same Business Day if MAMSB receives the purchase request before 3:00pm. For purchase request that is received by MAMSBafter 3:00pm, the Units will be based on MAMSB’s NAV per Unit on the next Business Day (Please refer to the Prospectus on forward pricing). Proof of paymentis required for direct bank-in or Telegraphic Transfer.15. COOLING-OFF PERIOD(a) Please refer to the Prospectus and its supplementary (ies) (if any) for more information.16. MISCELLANEOUS(a) References to persons include corporations, references to one gender include both genders and references to the singular include the plural and vice versa.PAGE: 4Prospectus in respect of the Manulife Shariah - Dana Ekuiti

Prospectus in respect of the Manulife Shariah - Dana Ekuiti

Manulife Asset Management Services Berhad(formerly known as Manulife Unit Trusts Berhad) (834424-U)Menara Manulife6 Jalan Gelenggang, Damansara Heights50490 Kuala LumpurTel: 03 - 2719 9228Fax: 03 - 2094 7654www.manulife.com.myProspectus in respect of the Manulife Shariah - Dana Ekuiti