Terry Carr, B.B.A., CFA, is Vice President and Managing Director, North American Fixed Income, for MFC Global Investment Management. He is responsible for management of the Total Return team, in addition to his responsibilities leading the High Yield team - one of the largest high yield teams in Canada.

Terry joined MFC Global Investment Management in 2002 with over 19 years experience managing high yield bond portfolios in senior investment management positions with a number of major financial institutions. His educational background includes an Honours Bachelor of Business Administration from York University, and he holds the Chartered Financial Analyst designation.

Murray Shackleton, B.Sc., FSA, FCIA, is Vice President and Senior Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is responsible for leading MFC Global's Matched Funds team, and is counted as one of the largest managers of matched funds in Canada.

Murray joined MFC Global Investment Management in 1995. Prior to that, he managed Canadian fixed income portfolios for Confederation Life. Murray's educational background includes an Honours Bachelor of Science in Mathematics and Statistics from Queen's University, and he is both a Fellow of the Society of Actuaries and a Fellow of the Canadian Institute of Actuaries.

John McIntyre, B.A., M.B.A., CFA, is Vice President and Senior Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is part of MFC Global's U.S. Total Return investment team. His area of responsibility includes bond assets that are actively managed against industry benchmarks.

John joined MFC Global Investment Management in 1990. Since then he has worked in a variety of roles with increasing responsibility. His educational background includes a Bachelor of Arts in Economics from the University of Western Ontario, a Masters of Business Administration in Finance from York University, and the Chartered Financial Analyst designation.

Richard Cortese, B.Sc., M.B.A., CFA, is Vice President and Senior Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is part of MFC Global's U.S. Total Return investment team, and is counted as one of the largest managers of matched funds in Canada.

Richard joined MFC Global Investment Management in 1998, with over 18 years experience in the investment industry, including positions managing U.S. Fixed Income Funds and U.S. Private Placements. His educational background includes an Honours Bachelor of Science from the University of Western Ontario, a Masters in Business Administration from Queen's University, and the Chartered Financial Analyst designation.

Todd Parsons, B.A., CFA, is Assistant Vice President and Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is part of MFC Global's U.S. Total Return investment team. His area of responsibility includes bond assets that are actively managed against industry benchmarks.

Todd joined MFC Global Investment Management in 1999. His educational background includes an Honours Bachelor of Arts from Brock University, the Chartered Financial Analyst designation, and he has completed the Canadian Securities Course (both the Conduct & Practices and the Canadian Options courses).

Shelagh Lemke, B.A., M.A., CFA, is Assistant Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. She is a member of MFC Global's Canadian Total Rate of Return team and focuses on provincial and corporate bond sectors.

Stewart joined MFC Global Investment Management in 1983 with over 10 years of experience in the investment industry. His educational background includes a Bachelor of Arts from the University of Manitoba, a Masters of Business Administration from the University of Toronto, and he holds the Chartered Financial Analyst designation.

Geof Marshall, B.A., CFA, is Assistant Vice President and Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is part of MFC Global's High Yield investment management team, one of the largest high yield teams in Canada.

Geof joined the mutual fund arm of Manulife in 1997, moving to MFC Global in 2000. His educational background includes a Bachelor of Arts from the University of Western Ontario, and he holds the Chartered Financial Analyst designation.

Kon Kizunov, B.A., M.B.A., CFA, is Assistant Portfolio Manager, North American Fixed Income, for MFC Global Investment Management. He is part of MFC Global's High Yield investment management team, one of the largest high yield teams in Canada.

Kon joined MFC Global Investment Management in 1996. His educational background includes a Bachelor of Arts from the University of Western Ontario, a Masters of Business Administration from Simon Fraser University, and he holds the Chartered Financial Analyst designation.

Richard Kos, M.B.A., B.A.Sc., CFA, is Portfolio Manager for MFC Global Investment Management. Richard is a member of the High Yield team. He is responsible for selection, trading and monitoring high yield and convertible securities for both MFC Global assets and third party money.

Richard joined MFC Global in spring 2004 with seven years of investment management experience. Prior to joining the firm, he held various positions with the Royal Bank of Canada including Analyst, High Yield Bonds; Analyst, Food Alcohol & Tobacco; and Analyst, Portfolio Analytics. Richard's educational background includes a Master of Business Administration from the Richard Ivey School of Business, a Bachelor of Applied Science in Chemical Engineering from the University of Toronto and he holds a the Chartered Financial Analyst designation.

Andrew Gretzinger, M.A., B.A. (Hons), CFA, is Senior High Yield Quantitative Analyst for MFC Global Investment Management. He is a member of MFC Global's High Yield Investment Management team. Andrew is responsible for building statistical models of the U.S. high yield market, overseeing currency hedging strategies for off balance sheet accounts, building and updating periodic reports regarding portfolio construct and characteristics, and building and maintaining portfolio attribution models.

Andrew joined MFC Global in 2001 after working for over four years as an economist for the Bank of Nova Scotia. His educational background includes a Bachelor of Arts (Honours) from Brock University, a Masters of Arts in Economics from the University of Western Ontario and he holds the Chartered Financial Analyst designation.

Heather McKay is Quantitative Analyst for MFC Global Investment Management. She is a member of the High Yield team and is responsible for trade settlements, compliance monitoring, providing financial information, and providing detailed cash reports for the portfolios her team manages.

Heather joined MFC Global in 1996 to begin a new career. Prior to joining the firm, she was a Documentation Specialist for four years with National Grocers and a Manager for IQ Personnel for six years. Heather completed the Canadian Securities Course in 1999.

Donna Peters-Imbrogno, B.A., CFA, is Vice President and Senior Portfolio Manager for MFC Global Investment Management. She is a member of the Spread Management team and is responsible for the management of Structured and Immunized portfolios in the Canadian market including Canadian Government bonds, Provincials and Investment Grade Corporate bonds.

Donna joined Manulife in 1987 and assumed an investment management role with MFC Global in 2000. Her educational background includes a Bachelor of Arts in Finance and Economics from the University of Western Ontario. She is a member of the Toronto Society of Financial Analysts and she holds the Chartered Financial Analyst designation.

Cathy Addison, (Hons) B.A., is Vice President and Senior Portfolio Manager for MFC Global Investment Management. As a member of the Spread Management team, she is responsible for the management of Structured and Immunized portfolios in the U.S. market including Investment Grade Corporate Bonds, Treasuries and Agencies.

Cathy joined MFC Global in 1985 and first assumed an investment management role in 1986. Her educational background includes an Honours Bachelor of Arts, Business Administration with Distinction, in which she specialized in Investments and Finance, from the University of Western Ontario.

Mark Shannon, M.P.A., B.A. (Hons), CA, CFA, is Assistant Vice President and Portfolio Manager for MFC Global Investment Management. Mark is a member of the North American Fixed Income team. He is responsible for managing Individual Annuity and U.S. Group Pension portfolios.

Mark joined MFC Global in 1999 with over eight years of experience in investments. He began his career at MFC Global as Director of Securitization and in 2003 became Assistant Vice President, Securitization. Prior to joining MFC Global, Mark was an Assistant Portfolio Manager at Canada Trust Investment Management. He has also held positions as Treasury Analyst at Canada Trust, Mortgage Analyst at London Life, Senior Staff Accountant at Ernst and Young, and Staff Accountant at Deloitte Haskins and Sells. Mark's educational background includes a Masters Public Administration from Carleton University and an Honours Bachelor of Arts in Economics and Political Science from the University of Western Ontario and he holds the Chartered Accountant and Chartered Financial Analyst designations.

Michael Traynor, B.Comm., is Assistant Vice President and Portfolio Manager for MFC Global Investment Management. He is a member of the Spread Management team and is responsible for managing Structured and Immunized portfolios in the Canadian market including Canadian Government bonds, Provincials, and Investment Grade Corporate bonds.

Michael joined MFC Global in 1995. His industry experience encompasses U.S. and Canadian Corporate Bonds, U.S. and Canadian Government bonds, Residential and Commercial Mortgage Backed securities, and other securitized assets. Michael's educational background includes a Bachelor of Commerce from Ryerson University.

Maralyn Kobayashi is Vice President and Senior Portfolio Manager for MFC Global Investment Management. Based at the Toronto head office, she is responsible for the money market function for all third party mandates in both Canada and the United States, including mutual funds, pooled funds, pension funds, and segregated funds.

Maralyn began her career in the investment industry when she joined MFC Global in 1981. In 1982 she assumed responsibility for the Money Market Desk. She began her business career in 1971 at Canada Permanent Trust, now TD Canada Trust, where she held various Human Resources positions. Maralyn has completed the Canadian Securities Course.

Faisal Rahman, B. Comm. (Hons.), CFA, is Portfolio Manager for MFC Global Investment Management. Based at the Toronto head office, he is responsible for the money market function for all third party mandates in both Canada and the United States, including mutual funds, pooled funds, pension funds, and segregated funds.

Faisal joined MFC Global in 2001 and has been working in the investment industry since 1995. Prior to joining MFC Global, he worked as a Fixed Income Portfolio Manager at Equitable Life of Canada from 1998 to 2001 and as a Portfolio Administrator at T.A.L. Private Management Ltd. from 1995 to 1998. He has an Honours Bachelor of Commerce from McMaster University and he holds the Chartered Financial Analyst designation.