The Ontario Securities Commission granted an exemption to extend the prospectus lapse date for certain funds managed by Manulife Investment Management Limited by 143 days. This decision was made under subsection 62(5) of the Securities Act (Ontario). The extension aligns the funds’ prospectus renewal with that of other funds with a later lapse date, allowing for a combined prospectus to reduce costs and simplify investor comparisons. No material changes have occurred in the funds since the last prospectus, ensuring current information remains accurate. The exemption is not expected to be prejudicial to the public interest. Relevant regulations include the Securities Act, R.S.O. 1990, c. S.5, as amended, and National Policy 11-203 Process for Exemptive Relief Applications in Multiple Jurisdictions.
