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, 20191. Not all offerings available in all jurisdictions. For additional information, please visit our website at manulifeinvestmentmgt.com.
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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]
TORONTO – Canada’s main stock index was up more than 100 points in late-morning trading, helped by strength in base metal and utility stocks, while U.S. stock markets were mixed.
The S&P/TSX composite index was up 103.40 points at 24,542.48.
In New York, the Dow Jones industrial average was up 192.31 points at 42,932.73. The S&P 500 index was up 7.14 points at 5,822.40, while the Nasdaq composite was down 9.03 points at 18,306.56.
The Canadian dollar traded for 72.61 cents US compared with 72.44 cents US on Tuesday.
The November crude oil contract was down 71 cents at US$69.87 per barrel and the November natural gas contract was down eight cents at US$2.42 per mmBTU.
The December gold contract was up US$7.20 at US$2,686.10 an ounce and the December copper contract was up a penny at US$4.35 a pound.
This report by The Canadian Press was first published Oct. 16, 2024.
TORONTO – Canada’s main stock index was up more than 200 points in late-morning trading, while U.S. stock markets were also headed higher.
The S&P/TSX composite index was up 205.86 points at 24,508.12.
In New York, the Dow Jones industrial average was up 336.62 points at 42,790.74. The S&P 500 index was up 34.19 points at 5,814.24, while the Nasdaq composite was up 60.27 points at 18.342.32.
The Canadian dollar traded for 72.61 cents US compared with 72.71 cents US on Thursday.
The November crude oil contract was down 15 cents at US$75.70 per barrel and the November natural gas contract was down two cents at US$2.65 per mmBTU.
The December gold contract was down US$29.60 at US$2,668.90 an ounce and the December copper contract was up four cents at US$4.47 a pound.
This report by The Canadian Press was first published Oct. 11, 2024.
TORONTO – Canada’s main stock index was little changed in late-morning trading as the financial sector fell, but energy and base metal stocks moved higher.
The S&P/TSX composite index was up 0.05 of a point at 24,224.95.
In New York, the Dow Jones industrial average was down 94.31 points at 42,417.69. The S&P 500 index was down 10.91 points at 5,781.13, while the Nasdaq composite was down 29.59 points at 18,262.03.
The Canadian dollar traded for 72.71 cents US compared with 73.05 cents US on Wednesday.
The November crude oil contract was up US$1.69 at US$74.93 per barrel and the November natural gas contract was up a penny at US$2.67 per mmBTU.
The December gold contract was up US$14.70 at US$2,640.70 an ounce and the December copper contract was up two cents at US$4.42 a pound.
This report by The Canadian Press was first published Oct. 10, 2024.
