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,
20191. Not 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