Date: Subject: April 12, 2016 Notification of Revision of Investment Choice Risk Level – with effect from April 20, 2016 Please note that the risk level of the following investment choices under Manulife Investment Plus (MI Plus) Manulife Investment Solutions* (MISo), Alpha Regular Investor, Alpha* and Matrix* will be revised with effect from April 20, 2016, following the regular review of the risk levels of the investment choices. * MISo / Alpha / Matrix are not available for policy applications and cannot continue to be marketed to the public in Hong Kong. MI Plus / MISo* – Name of Investment Choice Code Manulife Inv Global Strategic Income Fund Manulife Inv Allianz Asian Multi Income Plus Fund ISI01 IAA01 Alpha Regular Investor / Alpha* / Matrix* – Name of Investment Choice MIL Global Strategic Income Fund MIL Allianz Asian Multi Income Plus Fund Code USI01 UAA01 Investment Choice Risk Level Previous Updated 3 4 2 3 Investment Choice Risk Level Previous Updated 3 4 2 3 You could refer to the Appendix “Revision of Investment Choice Risk Level” for the list of the latest Risk Levels and changes of each investment choice under our investment-linked assurance schemes. Please note that the Risk Levels are for reference only. You should not rely on them as investment advice. Should you have any queries, please call (852) 2108 1110 in relation to the investment choices under MISo and MI Plus and (852) 2510 3941 in relation to the investment choices under ARI, Alpha and Matrix. Issued by Manulife (International) Limited (Incorporated in Bermuda with limited liability) Manulife (International) Limited Incorporated in Bermuda with limited liability 22/F., Tower A, Manulife Financial Centre, 223-231 Wai Yip Street, Kwun Tong, Kowloon, Hong Kong Tel: (852) 2510 5600 Fax: (852) 2887 5869 www.manulife.com.hk Appendix "Revision of Investment Choice Risk Level" Name of Investment Choice Code Manulife Investment Plus / Manulife Investment Solutions* Manulife Inv Allianz Euroland Equity Growth Fund Manulife Inv Amundi Emerging Focus Fund Manulife Inv Amundi Global Luxury & Lifestyle Fund Manulife Inv Asia Pacific High Dividend Fund Manulife Inv Asia-Pacific Equity Income Fund Manulife Inv Asian Property Fund Manulife Inv Asian Small Cap Fund Manulife Inv Australia Equity Fund Manulife Inv Baring ASEAN Frontiers Fund Manulife Inv Baring Europe Select Fund Manulife Inv BlackRock Global SmallCap Fund Manulife Inv China A Fund Manulife Inv China Value Fund Manulife Inv Citi China Select Fund Manulife Inv Emerging Eastern Europe Fund Manulife Inv European Equity Fund Manulife Inv Fidelity China Consumer Fund Manulife Inv Fidelity European Dynamic Growth Fund Manulife Inv Fidelity International Fund Manulife Inv Franklin U.S. Opportunities Fund Manulife Inv Global Contrarian Fund Manulife Inv Global Property Fund Manulife Inv Global Resources Fund Manulife Inv Greater China Opportunities Fund Manulife Inv Healthcare Fund Manulife Inv Henderson Global Technology Fund Manulife Inv Henderson Japanese Smaller Companies Fund Manulife Inv Hong Kong Equity Fund Manulife Inv India Equity Fund Manulife Inv Global Equity Fund Manulife Inv Invesco Asian Equity Fund Manulife Inv Invesco Japanese Equity Core Fund Manulife Inv Investec Global Energy Fund Manulife Inv Investec Global Gold Fund Manulife Inv Investec Global Natural Resources Fund Manulife Inv Japan Equity Fund Manulife Inv JPMorgan ASEAN Fund Manulife Inv JPMorgan Emerging Markets Opportunities Fund Manulife Inv JPMorgan Korea Fund Manulife Inv Korean Equity Fund Manulife Inv Latin America Equity Fund Manulife Inv Macquarie IPO China Gateway Fund Manulife Inv Middle East and North Africa Equity Fund Manulife Inv North American Equity Fund Manulife Inv Pacific Asia Equity Fund Manulife Inv RHB Resources Fund Manulife Inv Russia Equity Fund Manulife Inv Schroder Emerging Markets Fund Manulife Inv Schroder Hong Kong Equity Fund Manulife Inv Taiwan Equity Fund Manulife Inv Templeton Frontier Markets Fund Manulife Inv Thailand Equity Fund Manulife Inv Turkey Equity Fund 1 IAG01 IDD01 ILL01 IPH01 IAE01 IAP01 IAS01 IAU01 IBA01 IBE01 IBS01 IQA01 ICV01 ICC01 IEM01 IEE01 IFC01 IED01 IFI01 IFU01 ICN01 IGP01 IRF01 IGO01 IHC01 IHT01 IHS01 IHE01 IEQ01 IIE01 IIA01 IIJ01 IGE01 IGG01 IDR01 IJE01 IJA01 IJO01 IMK01 IKE01 ILA01 IMA01 IMN01 INA01 IPA01 IOR01 IRE01 ISM01 ISE01 ITW01 IFM01 ITE01 ITF01 Risk Level before change# 4 4 4 4 4 4 4 4 4 4 4 5 4 4 4 4 4 4 3 4 5 4 4 4 4 4 4 4 4 3 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 4 5 4 4 4 4 4 5 Risk Level Effective from April 20, 2016# Change 4 4 4 4 4 4 4 4 4 4 4 5 4 4 4 4 4 4 3 4 5 4 4 4 4 4 4 4 4 3 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 4 5 4 4 4 4 4 5 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change Name of Investment Choice Code Manulife Inv UBS Asian Consumption Fund Manulife Inv UBS China Opportunity Fund Manulife Inv US Small Cap Fund Manulife Inv Zeal Voyage China Fund Manulife Inv Asia Total Return Fund Manulife Inv BlackRock Global Corporate Bond Fund Manulife Inv China Bond Fund Manulife Inv Fidelity Asian High Yield Fund Manulife Inv Global Emerging Markets Debt Fund Manulife Inv Global Strategic Income Fund Manulife Inv International Bond Fund Manulife Inv Invesco Global High Income Fund Manulife Inv Jupiter Global Convertibles Fund Manulife Inv PARVEST Bond Asia ex Japan Fund Manulife Inv Schroder Hong Kong Dollar Bond Fund Manulife Inv Templeton Global Total Return Fund Manulife Inv U.S. Bond Fund Manulife Inv U.S. Special Opportunities Fund Manulife Inv U.S. Treasury Inflation-Protected Securities Fund Manulife Inv UBS Euro High Yield Bond Fund Manulife Inv Allianz Asian Multi Income Plus Fund Manulife Inv Allianz Income and Growth Fund Manulife Inv Asia Pacific Income and Growth Fund Manulife Inv BlackRock Global Allocation Fund Manulife Inv Fidelity Global Multi Asset Income Fund Manulife Inv Invesco Asia Balanced Fund Manulife Inv JPMorgan Multi Income Fund Manulife Inv Schroder Global Multi-Asset Income Fund Manulife Inv Aggressive Portfolio Manulife Inv Balanced Portfolio Manulife Inv Amundi Cash Fund Manulife Inv Growth Portfolio Manulife Inv Stable Portfolio Manulife Secure IncomePus * MSIP Aggressive Portfolio MSIP Balanced Portfolio MSIP Growth Portfolio Strategic Portfolio Alpha Regular Investor / Alpha* / Matrix* MIL Allianz Euroland Equity Growth Fund MIL Amundi Emerging Focus Fund MIL Amundi Global Luxury & Lifestyle Fund MIL Asia Pacific Fund MIL Asia-Pacific Equity Income Fund MIL Asia Value Dividend Equity Fund MIL Asian Property Fund MIL Asian Small Cap Fund MIL Australia Fund MIL Baring ASEAN Frontiers Fund MIL Baring Europe Select Fund MIL BlackRock Global SmallCap Fund MIL China Fund MIL Citi China Select Fund MIL Eastern European Fund MIL European Fund MIL Fidelity China Consumer Fund IUE01 IOE01 IUS01 IVY01 ITR01 IBG01 IRM01 IHY01 IMD01 ISI01 IIB01 IGI01 IJC01 IPB01 ISB01 ITG01 IUB01 ISU01 IUT01 IEY01 IAA01 IAI01 IGS01 IGA01 IMI01 IAB01 IJM01 IGM01 IAF01 IBP01 ICA01 IGR01 ISF01 2 Risk Level before change# 4 4 4 4 2 2 2 3 3 3 2 3 3 2 2 2 2 3 2 3 2 2 2 3 2 2 2 2 3 2 1 3 2 Risk Level Effective from April 20, 2016# 4 4 4 4 2 2 2 3 3 4 2 3 3 2 2 2 2 3 2 3 3 2 2 3 2 2 2 2 3 2 1 3 2 No Change No Change No Change No Change No Change No Change No Change No Change No Change +1 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change +1 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change Change SAP01 SBP01 SGP01 SSP01 3 2 3 3 3 2 3 3 No Change No Change No Change No Change UAG01 UDD01 ULL01 UAS01 UAE01 UDE01 UAP01 UAC01 UAU01 UBA01 UBE01 UBS01 UCV01 UCC01 UEF01 UEU01 UFC01 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 4 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change Name of Investment Choice Code MIL Fidelity European Dynamic Growth Fund MIL Fidelity International Fund MIL Franklin U.S. Opportunities Fund MIL Global Contrarian Fund MIL Global Equity Fund MIL Global Property Fund MIL Global Resources Fund MIL Greater China Opportunities Fund MIL Healthcare Fund MIL Henderson Global Technology Fund MIL Henderson Japanese Smaller Companies Fund MIL Hong Kong Fund MIL India Fund MIL Invesco Asian Equity Fund MIL Invesco Japanese Equity Core Fund MIL Investec Global Energy Fund MIL Investec Global Gold Fund MIL Investec Global Natural Resources Fund MIL Japan Fund MIL JPMorgan ASEAN Fund MIL JPMorgan Korea Fund MIL JPMorgan Emerging Markets Opportunities Fund MIL Korea Fund MIL Latin America Fund MIL Macquarie IPO China Gateway Fund MIL Middle East and North Africa Fund MIL North American Fund MIL RHB Resources Fund MIL Russia Fund MIL Schroder Emerging Markets Fund MIL Schroder Hong Kong Equity Fund MIL Taiwan Fund MIL Templeton Frontier Markets Fund MIL Thailand Fund MIL Turkey Fund MIL UBS Asian Consumption Fund MIL UBS China Opportunity Fund MIL US Small Cap Fund MIL Zeal Voyage China Fund MIL Asia Total Return Fund MIL BlackRock Global Corporate Bond Fund MIL Fidelity Asian High Yield Fund MIL Global Emerging Markets Debt Fund MIL Global Strategic Income Fund MIL International Bond Fund MIL Invesco Global High Income Fund MIL Jupiter Global Convertibles Fund MIL PARVEST Bond Asia ex Japan Fund MIL Schroder Hong Kong Dollar Bond Fund MIL Templeton Global Total Return Fund MIL U.S. Bond Fund MIL U.S. Special Opportunities Fund MIL UBS Euro High Yield Bond Fund MIL Allianz Asian Multi Income Plus Fund MIL Allianz Income and Growth Fund MIL Asia Pacific Income and Growth Fund UED01 UFI01 UFU01 UCN01 UIG01 UGP01 URE01 UGO01 UHC01 UHT01 UHS01 UHF01 UIF01 UIA01 UIJ01 UGE01 UGG01 UDR01 UJF01 UJA01 UMK01 UJO01 UKF01 ULA01 UMA01 UMN01 UNF01 UOR01 URF01 USM01 USE01 UTW01 UFM01 UTF01 UTK01 UUE01 UOE01 UUC01 UVY01 UTR01 UBG01 UHY01 UMD01 USI01 UIB01 UGI01 UJC01 UPB01 USB01 UTG01 UUB01 USU01 UEY01 UAA01 UAI01 UGS01 3 Risk Level before change# 4 3 4 5 3 4 4 4 4 4 4 4 4 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 5 4 4 4 4 4 5 4 4 4 4 2 2 3 3 3 2 3 3 2 2 2 2 3 3 2 2 2 Risk Level Effective from April 20, 2016# 4 3 4 5 3 4 4 4 4 4 4 4 4 4 4 5 5 4 4 4 4 4 4 4 5 4 4 4 5 4 4 4 4 4 5 4 4 4 4 2 2 3 3 4 2 3 3 2 2 2 2 3 3 3 2 2 Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change +1 No Change No Change No Change No Change No Change No Change No Change No Change No Change +1 No Change No Change Name of Investment Choice Code MIL BlackRock Global Allocation Fund MIL Fidelity Global Multi Asset Income Fund MIL Invesco Asia Balanced Fund MIL JPMorgan Multi Income Fund MIL Schroder Global Multi-Asset Income Fund MIL Achiever Fund MIL Amundi Cash Fund MIL Global Fund MIL Growth Fund MIL Stable Fund ManuSelect Investment Protector* ManuSelect Achiever Fund ManuSelect Asia Pacific Fund ManuSelect Asian Property Fund ManuSelect Asian Small Cap Fund ManuSelect Australia Fund ManuSelect Balanced Fund ManuSelect China Fund ManuSelect Eastern European Fund ManuSelect European Fund ManuSelect Global Fund ManuSelect Global Resources Fund ManuSelect Growth Fund ManuSelect Healthcare Fund ManuSelect Hong Kong Fund ManuSelect India Fund ManuSelect International Bond Fund ManuSelect Japan Fund ManuSelect Korea Fund ManuSelect Latin America Fund ManuSelect North American Fund ManuSelect Russia Fund ManuSelect Stable Fund ManuSelect Thailand Fund ManuSelect Turkey Fund ManuSelect US Small Cap Fund Cash Fund Flexible Investment Protector* China Value Fund Emerging Eastern European Fund European Growth Fund Dragon Growth Fund India Equity Fund International Bond Fund (Series II) Global Equity Fund Japanese Growth Fund Korea Equity Fund American Growth Fund Asian Equity Fund Thailand Equity Fund Cash Fund VIP+ */ MANUGIFT* Investment Fund (Series II) Deposit Fund (Series I) Deposit Fund (Series II) Skyline UGA01 UMI01 UAB01 UJM01 UGM01 UAF01 UCA01 UGF01 UGR01 USF01 4 Risk Level before change# 3 2 2 2 2 3 1 3 3 2 Risk Level Effective from April 20, 2016# 3 2 2 2 2 3 1 3 3 2 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change Change MAF01 MAS01 MAP01 MAC01 MAU01 MBF01 MCF01 MEF01 MEU01 MGF01 MRE01 MGR01 MHC01 MHF01 MIF01 MIB01 MJF01 MKF01 MLA01 MNF01 MRF01 MSF01 MTF01 MTK01 MUC01 MCA01 3 4 4 4 4 2 4 4 4 3 4 3 4 4 4 2 4 4 4 4 5 2 4 5 4 1 3 4 4 4 4 2 4 4 4 3 4 3 4 4 4 2 4 4 4 4 5 2 4 5 4 1 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change CV001 EE001 EU001 HK001 IF001 IB001 IN001 JA001 KF001 NA001 PA001 TF001 CA001 4 4 4 4 4 2 3 4 4 4 4 4 1 4 4 4 4 4 2 3 4 4 4 4 4 1 No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change No Change UDF01 IGF01 SDF02 3 1 1 3 1 1 No Change No Change No Change Name of Investment Choice Code Manulife Global Fund - Dragon Growth Fund - Class AA (HKD) Allianz Global Investors Fund - Allianz Hong Kong Equity BOCHK China Equity Fund Macquarie IPO China Gateway Fund - Class A3 Schroder International Selection Fund - Hong Kong Equity ZEAL Voyage China Fund BOCHK Hong Kong Dollar Income Fund Schroder International Selection Fund - Hong Kong Dollar Bond CSA01 CSB02 CSG07 CSE05 CSC03 CSF06 CSH08 CSD04 Risk Level before change# 4 4 4 5 4 4 2 2 Risk Level Effective from April 20, 2016# 4 4 4 5 4 4 2 2 Change No Change No Change No Change No Change No Change No Change No Change No Change * This plan is not available for policy applications and cannot continue to be marketed to the public in Hong Kong. # Risk Level: 1 - Low; 2 - Low to Medium; 3 - Medium; 4 - Medium to High; 5 - High. Noteļ¼The above Risk Levels are for reference only. You should not rely on them as investment advice. Investment choice prices may go down as well as up. Past performance information presented are not indicative of future performance. Issued by Manulife (International) Limited (Incorporated in Bermuda with limited liability). 5