TORONTO – Manulife Investment Management today announced the 2019 annual reinvested distribution estimates for Manulife 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 November 29, 2019, and reflect forward-looking information which may cause these estimates to change.
Unitholders of record at close of business on December 31, 2019 will receive the 2019 reinvested distributions. The distributions 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, including the tax characteristics, will be reported to brokers through Clearing and Depository Services Inc. in early 2020.
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 Multifactor Canadian Large Cap Index ETF
MCLC
$ 0.015202
Manulife Multifactor U.S. Large Cap Index ETF - Unhedged
MULC.B
$ 0.045116
Manulife Multifactor U.S. Large Cap Index ETF - Hedged
MULC
$ 0.650481
Manulife Multifactor U.S. Mid Cap Index ETF - Unhedged
MUMC.B
-
Manulife Multifactor U.S. Mid Cap Index ETF - Hedged
MUMC
-
Manulife Multifactor Developed International Index ETF - Unhedged
MINT.B
-
Manulife Multifactor Developed International Index ETF - Hedged
MINT
-
Manulife Multifactor Canadian SMID Cap Index ETF
MCSM
$ 0.635863
Manulife Multifactor U.S. Small Cap Index ETF - Unhedged
MUSC.B
-
Manulife Multifactor U.S. Small Cap Index ETF - Hedged
MUSC
-
Manulife Multifactor Emerging Markets Index ETF
MEME.B
-
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, 2019[1]. 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.
