1. Manulife Advanced Fund SPC – Greater Bay Area Growth and Income Segregated Portfolio Portfolio ( “Manulife Greater Bay Area Growth and Income Fund” or “the Fund”) invests primarily in equities, equity-related securities and fixed income securities of issuers which are connected to the region comprising Hong Kong, Macau and the Guangdong Province of China (Greater Bay Area), which exposes investors to fixed income and equity (including REITs) market and asset allocation strategy risk as well as geographic concentration risk.

2. The Fund invests in emerging markets, which may involve increased risks and special considerations not typically associated with investment in more developed markets, such as likelihood of a higher degree of volatility, lower liquidity of investments, political and economic uncertainties, legal and taxation risks, settlement risk, custody risks and currency risks / control.

3. The Fund’s investment in equity securities and equity-related securities in Mainland China is subject to general market risks, as well as A-Share market risk, Connect Schemes risk, volatility and liquidity risk, and Mainland China tax risk.

4. The Fund’s investment in fixed income securities and cash and cash equivalents is subject to credit risk, interest rate risk, downgrade risk, sovereign debt risk, valuation risk, credit rating risk and currency risk; and specifically with respect to Mainland China fixed income securities is subject to credit rating agency risk, China Interbank Bond Market risk, RMB currency and conversion risk, Mainland China tax risk and Connect Schemes risk.

5. The Fund does not guarantee distribution of dividends, the frequency of distribution, and the amount / rate of dividends. The Fund may at its discretion pay dividend out of capital or gross income while charging / paying all or part of its fees and expenses out of its capital. This amounts to a return or withdrawal of part of an investor’s original investment or from any capital gains attributable to that original investment, and may result in an immediate reduction of the net asset value per share of the respective share classes after the distribution date.

6. Investment involves risk. The Fund may expose its investors to capital loss. Investors should not make decisions based on this material alone and should read the offering document for details, including the risk factors, charges and features of the Fund and its share classes.