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

News Release

C$ unless otherwise stated
TSX/NYSE/PSE: MFC     SEHK: 945
For Immediate Release
December 22, 2020

TORONTO – 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 a century of financial stewardship and the full resources of our parent company to serve individuals, institutions, and retirement plan members worldwide. Headquartered in Toronto, our leading capabilities in public and private markets are strengthened by an investment footprint that spans 17 countries and territories. We complement these capabilities by providing access to a network of unaffiliated asset managers from around the world. We’re committed to investing responsibly across our businesses. We develop innovative global frameworks for sustainable investing, collaboratively engage with companies in our securities portfolios, and maintain a high standard of stewardship where we own and operate assets, and we believe in supporting financial well-being through our workplace retirement plans. Today, plan sponsors around the world rely on our retirement plan administration and investment expertise to help their employees plan for, save for, and live a better retirement.

As of September 30, 2020, Manulife Investment Management had CAD$923 billion (US$692 billion) in assets under management and administration. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.

Media Contact

Giovana Chichito
Manulife
(647) 702-4704
Giovana_Chichito@Manulife.com