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Manulife Investment Management Announces Estimated Reinvested Distributions for Manulife Smart Exchange Traded Funds – Canada NewsWire

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C$ unless otherwise stated
TSX/NYSE/PSE: MFC     SEHK: 945

TORONTO, Dec. 22, 2020 /CNW/ – Manulife Investment Management today announced the 2020 annual reinvested distribution estimates for Manulife Smart Exchange Traded Funds (ETFs). These annual reinvested distributions generally represent realized capital gains within the ETFs. Please note that these are estimated amounts only as of December 8, 2020, and reflect forward-looking information which may cause these estimates to change.

Unitholders of record at close of business on December 31, 2020 will receive the 2020 reinvested distributions, if any. The distributions, if any, will not be paid in cash, but will be reinvested automatically in additional units of the respective ETFs and immediately consolidated so that the number of units held by each unitholder, the units outstanding of the ETFs and the net asset value of the ETFs will not change because of the distributions. Unitholders holding their units outside registered plans will have taxable amounts to report and an increase in the adjusted cost base of their investment.

The actual taxable amounts, if applicable, including the tax characteristics, will be reported to brokers through Clearing and Depository Services Inc. in early 2021.

Please note that the cash distributions are reported separately and may be applicable for some ETFs making annual reinvested distributions.

Details of the reinvested distribution per unit amounts are as follows:

ETF

Ticker

Distribution Amount
(per unit)

Manulife Smart Short-Term Bond ETF

TERM

Nil

Manulife Smart Core Bond ETF

BSKT

Nil

Manulife Smart Corporate Bond ETF

CBND

Nil

Manulife Smart Dividend ETF

CDIV

Nil

Manulife Smart U.S. Dividend ETF – Unhedged

UDIV.B

Nil

Manulife Smart U.S. Dividend ETF – Hedged

UDIV

Nil

Manulife ETFs are managed by Manulife Investment Management Limited. Commissions, management fees and expenses all may be associated with exchange traded funds (ETFs). Investment objectives, risks, fees, expenses and other important information are contained in the ETF Facts as well as the prospectus, please read before investing. ETFs are not guaranteed, their values change frequently and past performance may not be repeated.

About Manulife Investment Management

Manulife Investment Management is the global wealth and asset management segment of Manulife Financial Corporation. We draw on more than 150 years of financial stewardship to partner with clients across our institutional, retail, and retirement businesses globally. Our specialist approach to money management includes the highly differentiated strategies of our fixed-income, specialized equity, multi-asset solutions, and private markets teams—along with access to specialized, unaffiliated asset managers from around the world through our multimanager model. Our personalized, data-driven approach to retirement is focused on delivering financial wellness in retirement plans of all sizes to help plan participants and members retire with dignity.

Headquartered in Toronto, we operate as Manulife Investment Management throughout the world, with the exception of the United States, where the retail and retirement businesses operate as John Hancock Investment Management and John Hancock, respectively; and in Asia and Canada, where the retirement business operates as Manulife. Manulife Investment Management had C$854 billion (USD$645 billion) in assets under management and administration as of September 30, 20191Not all offerings available in all jurisdictions. For additional information, please visit our website at manulifeinvestmentmgt.com.

______________________________

1 MFC financials. Global Wealth and Asset Management AUMA as of September 30, 2019 was C$854 billion and includes C$195 billion of assets managed on behalf of other segments and C$140 billion of assets under administration.

SOURCE Manulife Investment Management

For further information: Media Contact: Giovana Chichito, Manulife, (647) 702-4704, [email protected]

Related Links

https://www.manulifeim.com/

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This Could Be The Hottest ESG Investment In 2021 – Baystreet.ca

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Trillions of dollars poured into ESG funds last year, but many analysts are expecting this year to pick up right where 2020 left off.

Forbes stated, “ESG Investing Came of Age in 2020. Millennials Will Continue to Drive it in 2021.”

And according to Morgan Stanley Capital International’s head of research, we’re likely to see investors shifting more and more capital into ESG this year…

Because despite worldwide lockdowns, climate change continues to be a major concern that everyone from Big Tech to Big Oil are now taking seriously.

That’s why smart money is piling in, to the tune of trillions of dollars.

BlackRock, the largest asset manager in the world, plans to have $1.2 trillion in ESG assets within the next 10 years.

And it’s estimated that 1/3 of all assets under management in the U.S. are already sustainably invested

That’s $17.1 trillion invested in the companies taking steps to put people and planet first.

But that doesn’t mean they’re sacrificing profits in the process.

The ESG boom has produced some of the biggest gains in the market during an incredibly difficult year.

Enphase Energy jumped 472% in 2020…

Digital Turbine soared 682%…

And Tesla became one of the biggest companies on the market with incredible 622% gains.

But one Canadian company saw this mega-trend coming years ago. And they used 2020 as the launchpad they needed to grow many times bigger.

Facedrive (TSXV:FD,OTC:FDVRF), the eco-friendly ridesharing company locked in a number of major contracts, including with government agencies, A-list celebrities, and global tech titans.

Even when lockdowns slowed down the ridesharing industry, they grew their business by acquiring companies in the food delivery space…

Adding thousands of restaurant partners and tens of thousands of new customers….

And they did all of this during the last year.

That’s why Facedrive’s shares have surged upwards a massive 591% in the last year.

Now, many analystsare convinced 2021 could be a banner year for the ESG mega-trend sweeping across the globe.

2020 Set the Stage for a Climate Change Revolution

While the pandemic has devastated economies around the world, there’s been one silver lining.

With the COVID restrictions put in place by governments worldwide, carbon emissions plunged during a record drop in 2020.

But with those numbers likely to rebound in 2021 after restrictions ease, researchers are urging governments to make clean energy a top priority.

That’s a major part of why electric vehicles have been gaining steam all across the industry over the last year.

Nearly all the major automakers are rolling out their own EV models.

But the poster child for electric vehicles has been Tesla, the $793 billion juggernaut that continues to prove its doubters wrong throughout 2020.

The ESG boom has helped Tesla become the biggest company in the U.S. behind Big Tech.

And made them over 5 times larger than GM, Ford, and Fiat Chrysler combined.

And Facedrive is jumped into another aspect of EV, bringing electric vehicles to the notoriously pollution-heavy ridesharing industry.

With Facedrive (TSXV:FD,OTC:FDVRF), users can hail a ride from an electric, hybrid, or gas-powered vehicle, all without paying an extra premium for the option.

Once the riders get to their destination, the in-app algorithm kicks in, calculating how much CO2 was created during the journey.

Then it sets aside a portion of the fare to plant trees, offsetting the carbon footprint from the ride.

In other words, you ride, they plant a tree.

Through next-gen technology and partnerships, they’re giving their customers the option to make a more eco-friendly choice if they choose.

And recently, they acquired the electric vehicle service company, Steer, from the largest clean energy producer in the United States.

Steer’s subscription model for EV cars is aimed at flipping the traditional car ownership model on its head.

And that fits right in line with Facedrive, which is already proving to be a fierce competitor to Uber in certain ridesharing markets.

But the race to address the issue of climate change is just one factor in the ESG boom.

Getting Creative for Social Change

The social component of sustainable investing (the “S” in ESG) also took a front-seat in 2020 for a number of reasons.

During a year with nationwide protests and a major health crisis, companies started putting a major focus on what they can do to support the health and wellbeing of their customers and others.

For many, that’s meant getting creative to help support those industries being slammed with strained supply chains.

It was a shift we have seen from major companies since World War II.

1) Ford produced respirators and medical equipment on their assembly lines.

2) Nordstrom’s and their alteration teams made it their mission to sew nearly 1 million masks.

3) And liquor producers like Bacardi even shifted to producing hand sanitizer at their distilleries after shelves went empty last year.

Facedrive branched out and got creative to do their part during the pandemic too.

They partnered up with the University of Waterloo and MT>Ventures to create TraceSCAN, a wearable technology used to help slow or stop the spread of the virus.

Through Bluetooth technology, it offers much-needed contact tracing technology for those without cell phones.

That includes a wide range of people: children, senior citizens, low-income individuals, and employees not able to use phones on the job.

And Facedrive (TSXV:FD,OTC:FDVRF) has signed major partnerships and agreements with both the government of Ontario and Canada’s largest airline, Air Canada, to use this breakthrough technology.

While we’ve seen trillions of dollars pouring into the ESG boom already, this major shift may just be getting started. Experts expect this will only get bigger in the coming years.

But with so many companies getting on board, many investors are becoming overwhelmed trying to find the best opportunities.

The Biggest Names in ESG Set for a Shakeup?

When you take a deep dive into the top ESG funds on the market, you may be shocked to see whose names you find on the list.

In these eco-friendly and socially responsible funds, the biggest holdings often aren’t the ones promoting solar energy or building electric cars.

Instead, they’re riddled with Big Tech stocks like Facebook, Google, and Microsoft.

And while they’re doing their part through one-off initiatives or putting out corporate statements about climate change…

Many of these companies aren’t exactly known for their green programs or “socially responsible” moves.

Plus, when predicting the biggest winners for 2021, it’s hard to place bets on Big Tech companies that may spend the next several years dealing with antitrust suits.

That’s why many are looking at the pure ESG plays, the ones who put environmental and social issues at the core of their business models.

That includes companies like Facedrive, who’s become known for their “people and planet first” philosophy.

After growing their business by tens of thousands of customers last year throughout Canada, they’ve taken strategic steps to move into the U.S. markets and beyond.

They’ve done this through partnerships with A-list celebs like Will Smith and Jada Pinkett Smith… superstar athletes like Super Bowl-winning quarterback Russell Wilson… and trillion-dollar companies like Amazon.

Now, with Big Tech companies riddled with uncertainty, that leaves plenty of room for up-and-comers like Facedrive to take their place in the ESG boom set to surge throughout 2021.

Here are just a few other companies hopping on the ESG trend:

BlackRock (NYSE:BLK)

BlackRock needs no introduction. It is the world’s largest global investment management corporation, with over $7.4 trillion in assets under management. With clients in over 100 different countries, it is the de facto leader in its field.
In 2017, BlackRock underwent a major shift in its investment strategy, prioritizing stocks with high ESG ratings. BlackRock’s focus on technology and sustainability has fueled the new trend in the marketplace, pushing even more investors to consciously consider where they put their money.

Shopify Inc (TSX:SHOP)

Shopify is a Canadian e-commerce company. More than 1,000,000 businesses rely on Shopify’s real-time e-commerce, including Tesla, Budweiser and Red Bull, among many others. Shopify makes purchasing goods and services easy for anyone – and in a time where convenience is king, Shopify surely has staying power.
In addition to its revolutionary approach on e-commerce, Shopify is also delving into blockchain technology, making it a promising pick for investors in sustainability.

Shaw Communications Inc (TSX:SJR.B)

Shaw owns a ton of infrastructure throughout Canada and its cloud services and open-source projects look to address some of the biggest issues that its customers might face before the customers even face them. Shaw’s dominance in Canada’s telecom sector means that if any internet-based services want to operate, they’ll likely be utilizing the company’s infrastructure. After all, without telecoms, these TaaS companies would not be able to operate.

BCE Inc. (TSX:BCE)

Like Shaw, BCE is a Canadian telecom giant. Founded in 1980, the company, formerly The Bell Telephone Company of Canada, is composed of three primary subsidiaries. Bell Wireless, Bell Wireline and Bell Media. However throughout its push into the position of one of Canada’s top telco groups, it has bought and sold a number of different firms.
BCE is also at the forefront of the Internet of Things movement in Canada. Its Machine to Machine solutions are being used by numerous businesses, including TaaS providers throughout North America and its new LTE-M network is sure to rapidly increase the adoption of these solutions.

Polaris Infrastructure (TSX:PIF)

Polaris is a Toronto-based renewable energy giant with a global footprint. The company’s biggest projects are in Latin America. It’s Nicaragua geothermal project, for example, is already producing over 77 MW of renewable electricity. And in Peru, its El Carmen and 8 de Augusto power plants, is set to produce a combined 17MW of electricity in the near future.

Westport Fuel Systems (TSX:WPRT)

Westport is a renewable energy provider for the transportation industry. it provides systems for less impactful fuels, such as natural gas. In North America alone, there are over 225,000 natural gas vehicles. But that shies in comparison to the global 22.5 million natural gas vehicles globally, which means the company still has a ton of room to grow!
While renewable providers clearly take the lead, Canada’s tech and telecom giants won’t be left out!

By. Pauline Yule

**IMPORTANT! BY READING OUR CONTENT YOU EXPLICITLY AGREE TO THE FOLLOWING. PLEASE READ CAREFULLY**

Forward-Looking Statements

This publication contains forward-looking information which is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ from those projected in the forward-looking statements.  Forward looking statements in this publication include that the demand for ride sharing services will grow; that Steer can help change car ownership in favor of subscription services; that Tracescan  could help the travel and tourism industry deal with COVID and will sign new agreements for use of its alert wearables; that new tech deals will be signed by Facedrive and deals signed already will increase company revenues; that Facedrive will be able to expand to the US and globally; that Facedrive’s merchandise business and sports prediction app will prove popular and successful; that Facedrive will be able to fund its capital requirements in the near term and long term; and that Facedrive will be able to carry out its business plans. These forward-looking statements are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information.  Risks that could change or prevent these statements from coming to fruition include that riders are not as attracted to EV rides as expected; that competitors may offer better or cheaper alternatives to the Facedrive businesses; TraceScan may not work as expected in commercial settings and customers may not acquire or use it; changing governmental laws and policies; the company’s ability to obtain and retain necessary licensing in each geographical area in which it operates; the success of the company’s expansion activities and whether markets justify additional expansion; the ability of the company to attract drivers who have electric vehicles and hybrid cars; the ability of Facedrive to attract providers of good and services for merchandise partnerships on terms acceptable to both parties, and on profitable terms for Facedrive; and that the products co-branded by Facedrive may not be as merchantable as expected. The forward-looking information contained herein is given as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances, except as required by law.

DISCLAIMERS

This communication is not a recommendation to buy or sell securities. Oilprice.com, Advanced Media Solutions Ltd, and their owners, managers, employees, and assigns (collectively “the Company”) owns a considerable number of shares of FaceDrive (TSX:FD.V) for investment, however the views reflected herein do not represent Facedrive nor has Facedrive authored or sponsored this article. This share position in FD.V is a major conflict with our ability to be unbiased, more specifically:
This communication is for entertainment purposes only. Never invest purely based on our communication. Therefore, this communication should be viewed as a commercial advertisement only. We have not investigated the background of the featured company. Frequently companies profiled in our alerts experience a large increase in volume and share price during the course of investor awareness marketing, which often end as soon as the investor awareness marketing ceases. The information in our communications and on our website has not been independently verified and is not guaranteed to be correct.

SHARE OWNERSHIP. The owner of Oilprice.com owns a substantial number of shares of this featured company and therefore has a substantial incentive to see the featured company’s stock perform well. The owner of Oilprice.com will not notify the market when it decides to buy more or sell shares of this issuer in the market. The owner of Oilprice.com will be buying and selling shares of this issuer for its own profit. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities.

NOT AN INVESTMENT ADVISOR. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. ALWAYS DO YOUR OWN RESEARCH and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment.

RISK OF INVESTING. Investing is inherently risky. Don’t trade with money you can’t afford to lose. This is neither a solicitation nor an offer to Buy/Sell securities. No representation is being made that any stock acquisition will or is likely to achieve profits.

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Empire Life unveils new investment options – Wealth Professional

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“We are excited to offer investors two new Multi-Strategy GIFs, focused on growth, to help them achieve their financial goals,” said Ian Hardacre, senior vice president and chief investment officer at Empire Life. “Through passive and active strategies, the Empire Life Multi-Strategy GIFs provide exposure across investment styles, geographies, and industry sectors to increase diversification.”

Hardacre said the new seg funds provide a complement to Empire Life’s existing GIFs, which offer a value-oriented investment approach.

Meanwhile, the Empire Life Global Sustainable Equity GIF invests in global stocks with superior environmental, social, and governance (ESG) characteristics. The fund will be managed by Ashley Misquitta, CFA and senior portfolio manager, U.S. Equities; and David Mann, CFA and portfolio manager, Global Equities.

“This new fund gives investors more choice and opportunity to diversify their holdings and align their investment goals with their personal preferences and social objectives,” Hardacre said.

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Exclusive: India plans foreign investment rule changes that could hit Amazon – Cape Breton Post

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By Aditya Kalra and Krishna N. Das

NEW DELHI (Reuters) – India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.

The government discussions coincide with a growing number of complaints from India’s brick-and-mortar retailers, which have for years accused Amazon and Walmart Inc-controlled Flipkart of creating complex structures to bypass federal rules, allegations the U.S. companies deny.

India only allows foreign e-commerce players to operate as a marketplace to connect buyers and sellers. It prohibits them from holding inventories of goods and directly selling them on their platforms.

Amazon and Walmart’s Flipkart were last hit in Dec. 2018 by investment rule changes that barred foreign e-commerce players from offering products from sellers in which they have an equity stake.

Now, the government is considering adjusting some provisions to prevent those arrangements, even if the e-commerce firm holds an indirect stake in a seller through its parent, three sources said. The sources asked not to be named because the discussions are private.

The changes could hurt Amazon as it holds indirect equity stakes in two of its biggest online sellers in India.

Amazon, Walmart and Flipkart did not immediately respond to a request for comment.

Yogesh Baweja, the spokesman for the Ministry of Commerce & Industry, which is working on the issue, confirmed to Reuters any changes will be announced through a so-called “press note,” which contains foreign direct investment rules. He did not give any details.

“It’s a work in progress,” Baweja said, adding an internal meeting on the subject last took place about a month ago.

“Of course Amazon’s a big player so whatever advice, whatever suggestions, whatever recommendations they make, they are also given due consideration.”

FRAYED TIES

The 2018 rules forced Amazon and Flipkart to rework their business structures and soured relations between India and the United States, as Washington said the policy change favoured local e-tailers over U.S. ones.

India’s e-commerce retail market is seen growing to $200 billion a year by 2026, from $30 billion in 2019, the country’s investment promotion agency Invest India estimates.

Domestic traders have been unhappy about the growth. They see foreign e-commerce businesses as a threat to their livelihoods and accuse them of unfair business practices that use steep discounts to target rapid growth. The companies deny they are acting unfairly.

“The way the government is thinking is that marketplaces are not doing what they are supposed to do. The government wants to tinker with the nuts and bolts of the policy,” said one of the sources who is familiar with the talks on the policy changes.

LIMITING WHOLESALE TIES

India’s trade minister Piyush Goyal has been critical of e-commerce companies in private meetings and told them to follow all laws in letter and spirit, Reuters has previously reported.

In the face of growing trader complaints and an antitrust investigation, Goyal last year said Amazon was not doing “a great favour to India” by making fresh investments.

Among other changes, the government is considering changes that would effectively prohibit online sales by a seller who purchases goods from the e-commerce entity or its group firm, and then sells them on the entity’s websites, two of the sources said.

Under existing rules, a seller is free to buy up to 25% of its inventory from the e-commerce entity’s wholesale or another unit and then sell them on the e-commerce website.

A boom in e-commerce in India accelerated last year when the COVID-19 pandemic drove more shoppers online. Flipkart, in which Walmart invested $16 billion in 2018, and Amazon are among the top two players.

“Ecommerce has already made its mark for itself in the country, particularly during COVID-19,” Commerce Ministry’s Baweja said. “They are bound to grow and a conducive environment should be there, which is good for the brick-and-mortar as well as e-commerce.”

(Reporting by Aditya Kalra and Krishna Das in New Delhi; Additional reporting by Aftab Ahmed; Editing by Euan Rocha and Barbara Lewis)

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