Better options for your clients’ short-term needs: Manulife Bank Access Line of Credit

Name, DESIGNATIONTitle, Company Name

Date

Anticipate your clients’ borrowing needs

Most clients who borrow money will: Run up a balance on credit card(s)

Call their local bank

Liquidate their investments

In all three cases, your clients’ financial stability, and relationship with you, is at risk This situation can be prevented by

planning ahead

Anticipate your clients’ borrowing needs

Most clients will one day have a need to borrow money Many may already have that

need today

Discussing borrowing needs now can help your clients: Manage debt

Save money

Gain access to cash when they need it

Meet clients borrowing needs with a Line of Credit

Rainy Day Account Provides security while your client’s

other financial assets are working hard for their future

Debt consolidation Low floating rate helps clients

consolidate high-interest debt(s)

Meet client borrowing needs

Keep their investment plan on track By meeting short-term cash needs,

clients will keep investment plans intact

Investment Leverage Clients can leverage their existing

non-registered, or where permitted, TFSA investments

A win for your clients

Cost savings Zero cost to your client until it’s used

When used, interest rate is better than most unsecured loans or credit cards

A win for your clients

Convenience Clients won’t have to scramble for

credit when the need arises.

Quick access to cash through: Cheques

Online transfers

ABM withdrawals and even debit purchases

A win for you

Client retention Reduce the chance a competitor

will meet your client’s future borrowing needs

Demonstrate the value of your advice by helping meet clients’ future needs

Compensation Access Line of Credit

Earn $100 in up-front compensation for each line of credit opened

Access Line of Credit Plus Earn 20 bps* annual compensation

*Paid monthly on the minimum monthly balance

Manulife Bank Access Line of Credit

Available exclusively for Manulife clients: Manulife Financial

Manulife Bank

Manulife Securities

Helps you provide solutions for all of your clients’ financial planning needs

Access Line of Credit

Amounts between $5,000 and $100,000 Secured by non-registered, or where permitted, TFSA assets, at Manulife

Financial, Manulife Bank or Manulife Securities

Limited underwriting

No margin calls

Interest rate is Manulife Bank Prime Lending Rate + 1%*

Repayment – interest only (paid monthly)

Personal lines of credit only

*The Annual Interest Rate for Access Line of Credit is 0.00% as at April 19, 2023. Rates are variable and subject to change. Other charges may also apply.

Access Line of Credit Plus

Amounts of $100,001 or more Secured by non-registered, or where permitted, TFSA assets, at Manulife

Financial, Manulife Bank or Manulife Securities

Full underwriting

Margin calls only if line of credit reaches 85% of cash surrender value for Life insurance policies (excluding self-funding policies)

Interest rate is Manulife Bank Prime Lending Rate + 1%*

Repayment – interest only (paid monthly)

Personal and Corporate lines of credit are available

*The Annual Interest Rate for Access Line of Credit Plus is 0.00% as at April 19, 2023. Rates are variable and subject to change. Other charges may also apply.

Security options

Manulife products: Manulife Segregated Fund contracts

Manulife Mutual Funds accounts

Manulife Securities Nominee Name accounts

Manulife Bank GICs and deposit accounts

Manulife Investments GICs

Manulife life insurance policies With a cash surrender value

Getting started

To learn more, contact the Business Development Director in your area at 1-800-567-9170

Application Forms are available on Repsource Access Line of Credit – AB0176

Access Line of Credit Plus – AB0229

Submit to Manulife Bank along with appropriate security documentation

Important notes

Borrowing to invest may be appropriate only for investors with higher risk tolerance. Your clients should be fully aware of the risks and benefits associated with investment loans since losses as well as gains may be magnified. Preferred candidates are those willing to invest for the long term and not averse to increased risk. The value of your client's investment will vary and is not guaranteed however they must meet their loan and income tax obligations and repay their loan in full. Please ensure clients read the terms of their loan agreement and the investment details for important information. Manulife Bank of Canada solely acts in the capacity of lender and loan administrator and does not provide investment advice of any nature to individuals or advisors. The dealer and advisor are responsible for determining the appropriateness of investments for their clients and informing them of the risks associated with borrowing to invest.

Access Line of Credit and Access Line of Credit Plus are offered through Manulife Bank of Canada. Manulife, Manulife Bank, the Manulife Bank For Your Future logo and the Block Design are trademarks of The Manufacturers Life Insurance Company and are used by it, and by its affiliates under license.

Thank you