Manulife Brompton Advantaged Bond Fund Completes IPO

On April 23, 2009, Manulife Brompton Advantaged Bond Fund completed an initial public offering of Class A Units and Class F Units for gross proceeds of $40,067,700. The offering was co-led by RBC Capital Markets and CIBC World Markets.

The Fund's investment objectives are to provide unitholders with attractive monthly tax-advantaged cash distributions together with the opportunity for capital appreciation through exposure to an actively managed bond portfolio consisting primarily of North American corporate bonds.

The manager of the Fund is Brompton Funds Management Limited. MFC Global Investment Management (Canada), part of the asset management division of Manulife Financial Corporation, has been retained to manage the corporate bond portfolio.

Manulife Brompton Advantaged Bond Fund and Brompton Funds Management Limited were represented by a team from Stikeman Elliott LLP including Joel E. Binder, Thomas Caldwell and Emma Parker (corporate and securities); and John Lorito and Trevor McGowan (tax).

The agents were represented by a team from McMillan LLP including Margaret McNee and Stephen Genttner (corporate and securities); David Wentzell and Michael Friedman (tax); and Shahen Mirakian (derivatives).