C$ unless otherwise stated
TSX/NYSE/PSE: MFC  SEHK: 945

TORONTO, July 3, 2018 /CNW/ - Further to its announcement on April 26, 2018, Manulife Investments (the "Manager") of Oil Sands Sector Fund (the "Fund") (TSX: OSF.UN) announces that the Fund was terminated effective June 29, 2018. The units of the Fund were delisted from the Toronto Stock Exchange as at the close of business on June 29, 2018.

The Fund's final net asset value per unit was $ 4.613778. Payment of the termination proceeds will be made on or about July 6, 2018 to the beneficial holders of such units through CDS Clearing and Depository Services Inc.

About Manulife Investments

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

About Manulife

Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States and Manulife elsewhere. We provide financial advice, insurance, as well as wealth and asset management solutions for individuals, groups and institutions. At the end of 2017, we had about 35,000 employees, 73,000 agents, and thousands of distribution partners, serving more than 26 million customers. As of March 31, 2018, we had over $1.1 trillion (US$850 billion) in assets under management and administration, and in the previous 12 months we made $26.9 billion in payments to our customers. Our principal operations are in Asia, Canada and the United States where we have served customers for more than 100 years. With our global headquarters in Toronto, Canada, we trade as 'MFC' on the Toronto, New York, and the Philippine stock exchanges and under '945' in Hong Kong.

SOURCE Manulife Financial Corporation

Copyright 2018 Canada NewsWire

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