The Fund’s forward agreement currently allows unitholders to receive tax-advantaged distributions. Based on its review to date, Manulife Asset Management Limited, the manager of the Fund, has concluded that the tax-advantaged character of distributions received by unitholders will cease on the expiration of the Fund’s forward agreement following the Fund’s distribution for the month of June 2013, which will be made payable to unitholders of record on June 26, 2013 and prior to the Fund’s conversion into an open-ended mutual fund on June 28, 2013.
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