U.S. Small Cap Core Strategy

The US Small Cap Core Wrap strategy is comprised of accounts which invest in the common stocks of companies (which are deemed investable) with market capitalizations of less than $5 billion at time of purchase. Certain investments in this strategy are initial public offerings and may have caused the performance of the composite to be higher than could have been achieved without such investments, which are of limited availability. From inception to present, none of the composite portfolios are wrap fee portfolios. The composite consists of accounts managed at a prior firm prior to 4/1/2013. Performance results from the prior firm are linked to results achieved at Manulife Investment Management (US).