MANULIFE MUTUAL FUNDS
AMENDMENT NO. 2 dated March 16, 2012 to the Simplified Prospectus dated August 19, 2011, as amended by Amendment No. 1 dated March 5, 2012 (the “Prospectus”):
OFFERING ADVISOR SERIES, SERIES F, SERIES I, SERIES IT AND SERIES T6 SECURITIES, AS INDICATED OF:
Manulife Diversified Income Portfolio (formerly Manulife Simplicity Income Portfolio)1,4,5,6,9
Manulife Preferred Income Fund1,4,5
Manulife Global Infrastructure Fund1,4,5
(each a “Fund” and, collectively, the “Funds”)
1
Offering Advisor Series securities
4
Offering Series F securities
5
Offering Series I securities
6
Offering Series IT securities
9
Offering Series T6 securities
This amendment to the Prospectus of the Funds provides certain additional information relating to the Funds, and the Prospectus, as amended, should be read subject to this information.
All page references relate to the Prospectus. All capitalized terms not defined herein have the respective meanings set out in the Prospectus. In all other respects, the disclosure in the Prospectus is not revised.
REASONS FOR AMENDMENTS:
1. CHANGE TO INVESTMENT STRATEGY OF MANULIFE DIVERSIFIED INCOME PORTFOLIO
Investment Strategies
The Target Weightings table of the Fund on page 163 of the Prospectus specifying the underlying funds that the Fund will invest in is hereby deleted and replaced with the following:
Minimum (%) Maximum (%)
Short-Term/Money Market 0 25
Manulife Investment Savings Fund Manulife Money Fund
Manulife Short Term Yield Class
Fixed income 25 100
Manulife Asia Total Return Bond Fund Manulife Bond Fund
Manulife Canadian Bond Fund Manulife Canadian Bond Plus Fund Manulife Canadian Fixed Income Fund Manulife Canadian Universe Bond Fund Manulife Corporate Bond Fund
Manulife Emerging Markets Debt Fund Manulife Floating Rate Income Fund Manulife High Yield Bond Fund Manulife Long Term Bond Fund Manulife Short Term Bond Fund Manulife Strategic Income Fund Manulife Structured Bond Class Templeton Global Bond Fund
Income Trusts 0 30
Bissett Canadian High Dividend Fund
Canadian Equities 0 30
Manulife Growth Opportunities Fund Manulife Canadian Opportunities Fund Manulife Advantage Fund
Minimum (%) Maximum (%)
U.S. Equities 0 15
Manulife U.S. All Cap Equity Fund Manulife U.S. Opportunities Fund Manulife American Advantage Fund Manulife Value Fund
Manulife U.S. Diversified Growth Fund Manulife U.S. Equity Fund
Manulife U.S. Equity Index Fund Manulife U.S. Large Cap Equity Fund Manulife U.S. Mid-Cap Fund
Foreign Equities 0 15
Manulife European Opportunities Fund Manulife Global Advantage Fund Manulife Global Focused Fund
Manulife Global Dividend Income Fund Manulife International Dividend Income Fund Manulife Global Small Cap Fund
Manulife International Equity Index Fund Manulife International Value Equity Fund Manulife Tax-Managed Growth Fund Manulife Emerging Markets Equity Fund Manulife Global Infrastructure Fund Manulife Global Natural Resources Fund Manulife Global Real Estate Fund Manulife Asia Equity Class
Manulife Global Opportunities Class Manulife International Value Class Manulife International Value Equity Class Manulife Global Leaders Class
Manulife Global Equity Class Manulife World Investment Class Manulife China Class
Manulife Japan Class
2. REVISED TRAILER FEE FOR EACH OF MANULIFE DIVERSIFIED INCOME PORTFOLIO AND MANULIFE PREFERRED INCOME FUND
Dealer compensation – Trailer fee
On page 24 of the Prospectus, in the trailer fee chart, the references to Manulife Diversified Income Portfolio and Manulife Preferred Income Fund are hereby deleted and replaced with the following:
Front-End Option Standard Deferred Sales Charge Option while in 6 Year DSC Standard Deferred Sales Charge Option after 6 Year DSC (matured assets) Low-Load Sales Charge Option (3 Year DSC) Manulife Diversified Income Portfolio 0.85% 0.50% 0.75% 0.75% Manulife Preferred Income Fund 0.85% 0.25% 0.75% 0.75%
3. CHANGE IN DISTRIBUTION POLICY FOR THE MANULIFE GLOBAL INFRASTRUCTURE FUND
Effective March 16, 2012, Manulife Global Infrastructure Fund will change its distribution policy from annually to quarterly.
Distribution Policy
The distribution policy of Manulife Global Infrastructure Fund on page 191 of the Prospectus is hereby deleted and replaced with the following:
“We generally distribute income, if any, quarterly in March, June, September and December and capital gains, if any, annually in December. You may also receive return of capital distributions from the Fund. The first quarterly distribution payment is scheduled for the end of June 2012.
Prospectus, or to cancel your purchase within 48 hours of receiving confirmation of your order.
Securities legislation in some provinces and territories also allows you to cancel an agreement to buy mutual fund securities and get your money back if you do not receive our Simplified Prospectus, or to make a claim for damages if the Simplified Prospectus, annual information form or financial statements misrepresent any facts about the mutual fund. These rights must usually be exercised within certain time limits.
