ManuRetire Secure

Secure Your Income for Your Golden Years

Are You

Prepared For Your Retirement?

Will your CPF be enough to sustain your desired lifestyle during retirement?
At its maximum, CPF will provide about S$1,100 monthly payout for life from age 65 under CPF Life1. As a rule of thumb, you will need to have a post retirement income of two-thirds your last drawn salary to continue a similar lifestyle during your retirement.

Make your Money work Smarter

ManuRetire Secure offers you the upside potential from investing in international equity markets while limiting your risks during market downturns. Allowing you to participate in the investment market with a safety net feature, ManuRetire Secure is a smart investment choice for your retirement savings.

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Will healthcare costs be a burden in your retirement?

General and healthcare expenditures increased at an average annual rate of close to 2.5%2 and 6%3 over a 5-year period from 2003 to 2008. With healthcare inflation higher than the general inflation, you will need to spend a higher percentage of your retirement income at your old age on healthcare than the general population.

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Source:
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Will you outlive your resources?

Singaporeans are living longer. On average, a 65-year-old man can expect to live to age 834 and a 65-year-old woman to age 874.

We should not be just depending on CPF alone CPF savings

Is inflation eroding your savings and purchasing power?
Cost of living in Singapore continues to rise with full year inflation rate in 2012 expected to average 4% to 4.5%5. Current interest rates on bank savings deposits and 12-month bank fixed deposits are at a low of 0.11% p.a6 and 0.32% p.a6 respectively.

should meet the retirement needs of the group below middleincome, and be an important part of retirement savings for the middle-income group. Higher-income Singaporeans who expect higher expenditure in retirement may wish to save more.
Speech by Mr. Tan Chuan-Jin, Minister of State (Manpower and National Development)

Can your investment strategy weather an economic downturn?

Severe market downturns can wipe out your hard-earned savings and negatively impact your retirement lifestyle.

 Speech by Mr. Tan Chuan-Jin, Minister of State (Manpower and National Development) at the Retirement Conference Improving Retirement Security in Singapore in April 2012.  Time Series on CPI & Inflation Rate, Department of Statistics Singapore.  Report on the Household Expenditure Survey 2007/2008, Department of Statistics Singapore. Life Expectancy at Age 65, Department of Statistics Singapore.  Article in Channel NewsAsia Singapore inflation up to a slower pace in August, 24 September 2012.  Monetary Authority of Singapore Financial Database as at November 2012. Figures refer to average rates compiled from that quoted by 10 leading banks and finance companies.

Your

Life, Your Needs, Your ManuRetire Secure

Reap The Returns

Plan of Market Growth While Limiting Your Exposure to A Downturn
Many investors are uncomfortable with the volatility of equities and yet they need the growth potential of equities to secure their retirement. At Manulife, we understand their concerns. ManuRetire Secure features a unique guaranteed locked-in Unit Price (Guaranteed Price) which secures the Guaranteed Value of your investment at 80% of the highest historical Unit Price. Every time the Unit Price of Manulife Octave SGD Tracking Fund hits a new high, your Guaranteed Price increases accordingly. Your Unit Price will never be lower than the Guaranteed Price, even during a market downturn. Below is a hypothetical illustration of how ManuRetire Secure can secure your retirement income14 and help you build your nest egg in various market conditions.

ManuRetire Secure helps you harness your investment potential now to ensure that you have access to guaranteed income when you retire7. It is a single-premium investment-linked plan where you invest in the Manulife Octave SGD Tracking Fund whose performance is based on the performance of the Citi Octave SGD Index8.

Growth & Security

Cost of living in Singapore continues to rise. How do you preserve your wealth when inflation is eroding your purchasing power? Enjoy growth potential from international equity markets while capping your downside risk. ManuRetire Secure guarantees your investment at 80% of Manulife Octave SGD Tracking Funds highest historical Unit Price. Hence you have a cap on losses during severe market downturns and also benefit from potential gains in a market upturn.

Flexible Premium Contribution

Grow your investment on your terms. ManuRetire Secures flexible premium contribution empowers you with control over your money. Once the initial investment is made, there is no further premium contribution commitment. You can also make investment top-up9 as and when you want at your own pace.

Manulife Octave SGD Tracking Fund - Unit Price vs Guaranteed Price

Unit Price
Guaranteed Price secured at 80% of the highest historical Unit Price

Guaranteed Price
When the Unit Price increases to a new high, the Guaranteed Price will increase correspondingly.

When the Unit Price drops, the Guaranteed price will not reduce and is stable as it has been locked in at the high price in year 5.

130

Liquidity for Your Needs

You can access your investment anytime. Should something unexpected require you to liquidate your investment, you may make either partial10 or full11 surrenders12.

110 100 88 80 100 88 95 88 90 88

104

Putting More of Your Money to Work

With just a 5% up-front premium charge13, most of your money is invested from the onset. This means that most of your money is at work for your retirement.

Lump Sum or Regular Stream of Income for your Retirement14

You can choose to receive a lump sum or regular stream of income for your retirement over your selected Payout Period of 10, 15 or 20 years. We recognize that your needs can change as you approach retirement. ManuRetire Secure also offers you the flexibility to extend15 your Payout Period to meet your unique personal retirement needs.

5 10 15 20 25 Duration of Manulife Octave SGD Tracking Fund (Year) Note: This illustration should not be construed as an indication of the actual performance of Manulife Octave SGD Tracking Fund.

Getting Started is Easy

Application is hassle-free as no health checks are required. You can start enjoying the benefits of this plan with a minimum initial investment of S$30,000 and a declaration of your health status.
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You may partially surrender your units at any time, subject to the following minimum requirements:

 a) S$200 per surrender; and  b) Minimum Account Value remaining after partial surrender is S$5,000 or higher amounts described in Policy Contract.
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Policy will terminate upon full surrender. Surrenders made in first, second and third year following the date of premium contribution (including top-up on your investment) are subject to charges of 5%, 3% and 1% respectively and no charges thereafter. A Premium Charge of 5% is deducted from the Single Premium/Top-up Premiums before they are invested into Manulife Octave SGD Tracking Fund. The actual amount accumulated and income payouts will depend on the performance of the Manulife Octave SGD Tracking Fund. This option to extend the Level Income Payouts beyond the originally selected Payout Period is applicable only for the Level Income Payout Option and can only be exercised once. Manulife (Singapore) Pte Ltd will offer the Policy Owner this option in writing 60 days prior to the end the Payout Period if the Account Value of the investment is at least equivalent to twice the Yearly Payout.

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The actual amount accumulated and income payouts will depend on the performance of the Manulife Octave SGD Tracking Fund.  A proprietary Index developed and maintained by Citigroup Global Markets Limited (CGML), a wholly owned subsidiary of Citigroup Inc. The Index was designed by CGML to offer exposure to international equity markets performance and provide volatility and drawdown control mechanisms. These volatility and drawdown control mechanisms allow for the Index to provide an Index Floor of 80% of the highest level ever achieved by the Index since its inception. Top-ups are allowed during the Savings Period except that there shall be no addition or top-up once it is less than three Policy Years before the end of the Savings Period or from age 69 onwards, whichever is earlier. The minimum Top-up Premium is S$5,000. Manulife (Singapore) Pte Ltd reserves the right to stop receiving Top-Up Premiums with at least thirty (30) days notice.

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14 

15 

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Build A Richer Future

With The Choices You Make Today
Retirement planning requires thoughtful consideration but it is comforting to know that there are choices you can make today to help secure income16 for your golden years.

Level Income Payout for 10, 15 or 20 Years

The Level Income Payout is based on the Guaranteed Value of your investment at the end of your Savings Period. While you are receiving income16, you will remain invested in Manulife Octave SGD Tracking Fund and benefit from potential future returns achieved by it. At the end of the Payout Period, the Policy terminates and any balance of your investment will be paid to you as a lump sum. You may also continue19 to receive the same amount of Payout beyond the Payout Period until the value of your investment is fully paid out or until you have reached age 99 (whichever is earlier). In the illustration below, Mr. Tan, age 45, signs up for ManuRetire Secure with an initial single premium investment of S$100,000. He opts for a Savings Period of up to age 65 and to receive the Level Income over 20 years until age 85.

Choose How Long to Invest

ManuRetire Secure allows you to invest for your retirement for a minimum of 10 years, or up to age 55, 60 or 65. For those who prefer to stay invested a little longer, the plan allows for an extension17 of the Savings Period for another 10 years or up to age 55, 60 or 65. Whatever the time frame, our flexible options put you in control of your retirement planning and you are the one who decides.

S$467,319 S$295,611* S$59,122

Payout Period
Non -Guaranteed Account Balance at age 85

Choose Your Payout Options

ManuRetire Secure has three flexible Payout Options18 for you to choose from at the end of the Savings Period. You can choose the Payout Option that bests suits your individual lifestyle. You can choose either a Level or Growth Income Payout Option or take out the full value of your investment as a lump sum payout.

Savings Period
S$100,000 Single Premium Paid

Non-Guaranteed Value

Total Projected Payout Received by Mr. Tan during the 20-Year Payout Period

S$703,799

S$236,489
Projected Guaranteed Value

Age 45

65

Projected Yearly Payout of S$11,824 for 20 years

85

* Payout of S$295,611 at age 65 if lump sum withdrawal option is chosen.

In the worst case scenario, the Projected Guaranteed Value of Mr. Tans investment at age 65 is projected at S$76,000 (based on the guarantee of 80% of the highest historical Unit Price). This is after deduction of 5% premium charge.

Note: a) Illustrations are not drawn to scale. b)  The numbers shown assume that the income streams are paid-out annually and that there are no Top-Up Premiums made during the Savings Period and no surrenders. c)  The projected amounts on the illustration take into account a Premium Charge of 5% deducted from the Single Premium paid and based on a nonguaranteed 8% p.a. gross investment return less 2% p.a. Management Fee. The projected investment rate of return used in this illustration is an LIA (Life Insurance Association of Singapore) approved rate of return for Benefit Illustrations. This rate of investment return should not be construed as an indication of the actual performance of Manulife Octave SGD Tracking Fund. d)  The Yearly Payout from age 65 to 85 is a stream of level income drawn-down from the Projected Guaranteed Value at age 65. The first payout will be paid at the beginning of the Payout Period.
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 The actual amount accumulated and income payouts will depend on the performance of the Manulife Octave SGD Tracking Fund.  Extension of the Savings Period may only be exercised once. Policy Owner has to write to Manulife (Singapore) Pte Ltd to request for the change at least 30 days before the end of the original Savings Period and provided that such extension does not result in the Savings Period ending after the Policy Anniversary immediately following the Life Insureds 79th birthday.  Policy Owner is required to choose one of the 3 Payout Options at policy inception. Before the end of the Savings Period, Policy Owner also has the flexibility to change the Payout Option chosen at policy inception. To effect the change, Policy Owner has to write to Manulife (Singapore) Pte Ltd to request for the change at least thirty (30) days before the commencement of the Payout Period.

18

Please refer to footnote 15.

Growth Income Payout for 10, 15, 20 Years to Cope with the Effects of Inflation
This Option is similar to the Level Income Payout Option except that the income increases if there is growth in the Guaranteed Price of Manulife Octave SGD Tracking Fund. The annual payout is recalculated every year during the Payout Period, helping you to cope with the effects of inflation.

Growth Potential
How the Manulife Octave SGD Tracking Fund Works
The returns of ManuRetire Secure are directly dependent on the Manulife Octave SGD Tracking Fund. It tracks the performance of the Citi Octave SGD Index which:

Offers exposure across various international equity markets by measuring a diversified basket of country and regional components; In the illustration below, Mr. Tan opts for a Savings Period of up to age 65 and to receive the Growth Income Payouts over 20 years until age 85.

Aims to capture market momentum by observing historical trends in the country and regional indices;

Aims to provide stability with volatility control mechanism and minimize extreme market loss with drawdown control mechanism;
S$18,166
Non -Guaranteed Account Balance at age 85

S$572,865
Total Projected Payout Received by Mr. Tan during the 20-Year Payout Period

Embeds a drawdown control where the index level is floored at 80% of highest level ever achieved by the index (i.e. the maximum loss, from the highest ever level to the lowest level, is capped at 20% from the highest level)

Payout Period
ut Payo wth o r G al ition Add arly e Y eed rant -gua Non

Note: The above is a summary only. For further information on the Manulife Octave SGD Tracking Fund and the Citi Octave SGD Index, please see all of the terms and conditions contained in the Policy Contract, Product Highlights Sheet and Product Summary. You should read the Product Summary and the Product Highlights Sheet in full before deciding whether to purchase this policy.

Savings Period
S$100,000 Single Premium Paid

Non-Guaranteed Value

S$295,611* S$59,122

S$236,489
Projected Guaranteed Value

Age 45

65

Projected Yearly Payout of S$11,824 for 20 years

85

* Payout of S$295,611 at age 65 if lump sum withdrawal option is chosen.

In the worst case scenario, the Projected Guaranteed Value of Mr. Tans investment at age 65 is projected at S$76,000 (based on the guarantee of 80% of the highest historical Unit Price). This is after deduction of 5% premium charge.

Note: a) Illustrations are not drawn to scale. b)  The numbers shown assume that the income streams are paid-out annually and that there are no Top-Up Premiums made during the Savings Period and no surrenders. c)  The projected amounts on the illustration take into account a Premium Charge of 5% deducted from the Single Premium paid and based on a nonguaranteed 8% p.a. gross investment return less 2% p.a. Management Fee. The projected investment rate of return used in this illustration is an LIA (Life Insurance Association of Singapore) approved rate of return for Benefit Illustrations. This rate of investment return should not be construed as an indication of the actual performance of Manulife Octave SGD Tracking Fund. d)  The Yearly Payout from age 65 to 85 is a stream of growth income drawn-down from the Projected Guaranteed Value at age 65. The first payout will be paid at the beginning of the Payout Period.

About Manulife Financial

ManuRetire Secure

Facts At A Glance
Basic Information
Policy Type  Single premium investment-linked plan where the returns are directly linked to the performance of the underlying investments in the Manulife Octave SGD Tracking Fund. Currency Singapore Dollar

Manulife Financial is a leading Canadian-based financial services group operating in 22 countries and territories worldwide. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forwardthinking solutions for their most significant financial decisions. Our international network of employees, financial planners and distribution partners offers financial protection and wealth management products and services to millions of clients. We provide asset management services to institutional customers worldwide as well as reinsurance solutions, specialising in property and casualty retrocession. Manulife Financial has operated in Asia since 1897, leading the way in providing financial security for millions of customers in the region through protection and wealth management products in 11 countries. Our strong and stable capital level enables us to sustain high credit ratings, finance new opportunities and most importantly maintain our commitment to our policyholders. Manulife Financial Corporation trades as MFC on the TSX, NYSE and PSE, and under 945 on the SEHK. Manulife Financial can be found on the Internet at www.manulife.com.

Minimum Single Premium S$30,000 Flexible Premium Contribution Minimum Top Up of S$5,000 Plan Type Cash

Important Notes and Disclaimers:

Entry Age Coverage Basic Sum Insured

0 to 69 (depending on choice of Savings Period) Death only 100% of Single Premium Plus Top-up Premiums less Withdrawals20

ManuRetire Secure is underwritten by Manulife (Singapore) Pte Ltd. Reg No. 198002116D. Your rights under this policy are the sole responsibility of Manulife (Singapore) Pte Ltd and not any other party. In the unlikely event that Manulife (Singapore) Pte Ltd is unable to meet its obligations to you, this policy is protected under the Policy Owners Protection Scheme which is administered by the Singapore Deposit Insurance Corporation (SDIC). Coverage for your policy is automatic and no further action is required from you. For more information on the types of benefits that are covered under the scheme as well as the limits of coverage, where applicable, please contact Manulife (Singapore) Pte Ltd or visit the LIA or SDIC websites (www.lia.org.sg or www.sdic.org.sg). ManuRetire Secure does not provide capital guarantee on your invested premiums. Citigroup Global Markets Limited (CGML), the developer of the Index is a wholly owned subsidiary of Citigroup Inc. and an affiliate of Citibank Singapore Limited (CSL). CGML is paid a management fee for managing the Index. CSL, CGML and their affiliates are not Manulife (Singapore) Pte Ltds affiliates. Citigroup Global Markets Limited (CGML) is the index sponsor of the Citi Octave SGD Index. The index sponsor may discontinue the calculation, publication and dissemination of an underlying constitute (or the index itself), any of which may affect the value of the index. The index sponsor shall not be liable for any errors made in good faith or omissions in calculations.

Death Benefit  The Death Benefit applicable until the Policy Anniversary immediately following the Life Insureds 75th birthday or the end of the Savings Period, whichever is earlier, is the greater of the Basic Sum Insured or the Account Value.  Thereafter, the Death Benefit will be the Account Value.

Income Payout Mode Monthly21 or Annual (Default payout mode is Annual)

Secure Your Retirement Today

A rewarding retirement requires wise investment choices today. We designed ManuRetire Secure so that you would have a safe and secure retirement planning option. ManuRetire Secure can help provide retirement income that is predictable22, sustainable and has the potential to increase over time. Its simply a wise choice for your golden years. Act now to plan for your secure retirement. Speak to your Manulife Representative today or call 68338188 to find out more about ManuRetire Secure.

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Before applying Surrender Charges. Withdrawals include Income Payouts and any Surrenders. Minimum payout for monthly mode is S$200. The actual amount accumulated and income payouts will depend on the performance of the Manulife Octave SGD Tracking Fund.

This brochure is for general information only and does not have regard to your specific investment objectives, financial situation and any of your particular needs. This brochure is not a contract of Insurance and is not intended as an offer or recommendation to the purchase of the plan. Insurance Products are not bank deposits or obligations of or guaranteed by Citibank Singapore Limited, Citigroup Inc or any of their affiliates or subsidiaries. This insurance product is not eligible for deposit insurance coverage under the Deposit Insurance Scheme. Buying a life insurance policy is a long-term commitment. An early termination of the policy usually involves high costs and the surrender value may be less than the total premiums paid. Investments are subject to investment risks including the possible loss of the principal amount invested. The value of the units may fall as well as rise. Past performance of any funds or fund managers and any prediction, projection or forecast on the economy or markets are not necessarily indicative of the future or likely performance of the funds or the fund managers. Accordingly, the information should be read and construed in light of and subject to, all terms and conditions contained in the Policy Contract, Product Highlights Sheet and Product Summary. Full details are stated in the Policy Contract. You should seek advice from a qualified adviser if in doubt. If you choose not to, you will have to take sole responsibility to ensure that this product is appropriate to your financial needs and insurance objectives. All insurance applications are subject to the insurance companys underwriting and acceptance. This marketing material is also available in Chinese. In case of discrepancy between the English and Chinese versions, the English version shall prevail.

Manulife (Singapore) Pte Ltd, Reg. No. 198002116D A Manulife Financial Company Main Office: Manulife Centre, 51 Bras Basah Road, #09-00, Singapore 189554 Tel: 6737 1221 Website: www.manulife.com.sg Client Service Centre: #01-02C, Manulife Centre (Entrance off Waterloo Street) Tel: 6833 8188
Manulife Financial and the block design are registered service marks and trademarks of The Manufacturers Life Insurance Company and are used by it and its affiliates, including Manulife Financial Corporation.

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