Terms and Conditions of Online Redemption

The Manager shall repurchase units from a unit holder at the price (NAV) to be determined at the next valuation point (i.e. Forward Pricing) on which the valid redemption request is received by the Manager.
Currently, redemption via Manulife iFUNDS is only open for EPF scheme via i-Invest. For investment under EPF scheme via e-PPA, please contact customer service or your respective advisor.
Request for redemption of units for EPF scheme will be made payable to EPF only. Please refer to EPF Members Investment Scheme guideline.
Payment to a third party or request for cheque is strictly prohibited.
For joint accounts where only the Principal Holder is authorised to sign, redemption payment is payable to Principal Holder only.
Please ensure that the bank account number is correct and in the name of the account holder registered with us. The Manager will NOT be held responsible for any delay and/or loss incurred due to wrong bank account number provided by the unit holder(s) for bank-in of redemption proceeds.
For full redemption of funds with Standing Instruction for regular investment, please advise the bank to cancel the Standing Instruction immediately.
For partial redemption, please leave a minimum balance of units required to maintain your fund(s) account. In the event any request for partial redemption results in the unit holder holding less than the minimum balance of units required, the Manager reserves the right to fully redeem all the units held in account.
Cancellation of request for redemption is not allowed.
Request for redemption is not applicable for EPF float units.
The Manager will charge a Redemption fee as stated in the relevant Prospectus or Information Memorandum.
All fees and charges (e.g. sales charge, switching fee, transfer fee, management fee, trustee fee and any other relevant fee(s) and/or charge(s), where applicable, may be subject to tax that may be introduced by the Government of Malaysia from time to time. The Manager, the Trustee and/or other service providers reserve the right to collect from you and/or the Fund an amount equivalent to the prevailing rate of tax payable for all charges and fees, where applicable.

Your obligation to pay any applicable taxes shall form part of the Terms and Conditions.
Manulife IM (Malaysia) reserves the rights to off-set and/or deduct any amount from the redemption amount that may be owed by the unit holder(s) to Manulife IM (Malaysia).

Rights of Manager

The Manager reserves the right to accept or reject any application in whole or part thereof without assigning any reasons.

Any inconsistency between the terms and conditions herein and the prospectus(es) or Information Memorandum, the latter will prevail. If you require further clarification, please contact your personal UT Adviser, our branch nearest to you or our Customer Service at: (03) 2719 9271

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The above information has not been reviewed by the SC and is subject to the relevant warning, disclaimer, qualification or terms and conditions stated herein. Investors are advised to read and understand the contents of the Master Prospectus dated 3 January 2023 and its First Supplemental Master Prospectus dated 20 October 2023; Master Prospectus dated 15 May 2023 and its First Supplemental Master Prospectus dated 20 October 2023; Prospectus dated 19 June 2024; Prospectus dated 3 October 2023; Prospectus dated 18 August 2022 and its First Supplemental Prospectus dated 30 December 2022; Disclosure Document dated 14 February 2022 and its First Supplemental Disclosure Document dated 30 August 2023 for Manulife PRS NESTEGG Series; Disclosure Document dated 14 February 2022 and its First Supplemental Disclosure Document dated 30 August 2023 for Manulife Shariah PRS NESTEGG Series; Information Memorandum dated 2 May 2023 and its First Supplemental Information Memorandum dated 2 January 2024; Information Memorandum dated 9 August 2021 and its First Supplemental Information Memorandum dated 10 August 2023 and its Second Supplemental Information Memorandum dated 2 January 2024; Information Memorandum dated 11 February 2020 for Manulife Dragon Growth Fund; Information Memorandum dated 11 February 2020 and its First Supplemental Information Memorandum dated 13 September 2021 and its Second Supplemental Information Memorandum dated 31 January 2022 and its Third Supplemental Information Memorandum dated 21 August 2023 and its Fourth Supplemental Information Memorandum dated 2 January 2024 for Manulife Asian Small Cap Equity Fund; Information Memorandum dated 11 February 2020 and its First Supplemental Information Memorandum dated 31 January 2022 and its Second Supplemental Information Memorandum dated 10 August 2023 and its Third Supplemental Information Memorandum dated 28 February 2024 for Manulife SGD Income Fund; Information Memorandum dated 11 February 2020 and its First Supplemental Information Memorandum dated 10 August 2023 and its Second Supplemental Information Memorandum dated 2 January 2024 for Manulife Global Emerging Markets Multi-Asset Income Fund; Information Memorandum dated 11 February 2020 and its First Supplemental Information Memorandum dated 31 January 2022 and its Second Supplemental Information Memorandum dated 10 August 2023 and its Third Supplemental Information Memorandum dated 2 January 2024 for Manulife ASEAN Equity Fund; Information Memorandum dated 4 September 2019 and its First Supplemental Information Memorandum dated 18 October 2019; Master Information Memorandum dated 26 November 2019 for 2 Funds and Information Memorandum dated 3 February 2020 and its First Supplemental Information Memorandum dated 13 September 2021 and its Second Supplemental Information Memorandum dated 10 August 2023 and its Third Supplemental Information Memorandum dated 2 January 2024 and all the respective Product Highlights Sheet(s) (collectively, the “Offering Documents”), obtainable at our offices or website, before investing. The Offering Documents have been registered with the Securities Commission Malaysia (SC), however the registration with the SC does not amount to nor indicate that the SC has recommended or endorsed the product. There are risks involved with investing in unit trust funds; wholesale funds and/or Private Retirement Schemes. Some of these risks associated with investments in unit trust funds; wholesale funds and/or Private Retirement Schemes are interest rate fluctuation risk, foreign exchange or currency risk, country risk, political risk, credit risk, non-compliance risk, counterparty risk, target fund manager risk, liquidity risk and interest rate risk. For further details on the risk profile of all the funds, please refer to the Risk Factors section in the Offering Documents. The price of units and income distribution may go down as well as up. Investors should compare and consider the fees, charges and costs involved. Investors are advised to conduct own risk assessment and consult the professional advisers if in doubt on the action to be taken. Past performances are not an indication of future performances. Where a unit split/distribution is declared, investors are advised that following the issue of additional units/distribution, the NAV per unit will be reduced from the pre-unit split NAV/cum-distribution NAV to post-unit split NAV/ex-distribution NAV; and where a unit split is declared, the value of your investment in the Fund’s denominated currency will remain unchanged after the distribution of the additional units. You are advised not to solely rely upon the ratings or rankings disclosed herein in making an investment decision. The ratings or rankings disclosed herein are current; the same may change in the future.

The Manager, Manulife Investment Management (M) Berhad Registration No: 200801033087 (834424-U) (hereinafter referred to as “Manulife IM (Malaysia)”) is a wholly owned subsidiary of Manulife Holdings Berhad and holds a Capital Markets Services License for fund management, dealing in securities restricted to unit trusts, dealing in private retirement schemes and financial planning under the Capital Markets and Services Act 2007. Manulife IM (Malaysia) operates under the brand name of Manulife Investment Management which is the global wealth and asset management segment of Manulife Financial Corporation.