DOCSLIB.ORG

Manulife Financial Corporation 2017 Corporate Citizenship Report And

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
Manulife Financial Corporation 2017 Corporate Citizenship Report And TABLE OF CONTENTS INTRODUCTION ECONOMIC IMPACT ENVIRONMENTAL IMPACT Manulife Financial SOCIAL IMPACT Corporation TABLES MANULIFE BANK PUBLIC ACCOUNTABILITY STATEMENT DECLARATIONS 2017 Corporate Citizenship Report and Public Accountability Statement manulife.com johnhancock.com TABLE OF CONTENTS Table of At Manulife, we are committed INTRODUCTION to our mission: Decisions made ECONOMIC IMPACT Contents easier. Lives made better. Our ENVIRONMENTAL IMPACT 2017 Corporate Citizenship _______________________________ ____________________________ Report and Public Accountability SOCIAL IMPACT Introduction 3 Social Impact 29 _____________________ 31 Statement presents the stories TABLES Message from Our President Community Investment ____________________ 3 and Chief Executive Officer _________________________ Valuing Employees 36 and statistics behind our progress, MANULIFE BANK About Manulife _______________________________ 4 PUBLIC highlighting our economic, social 5 ACCOUNTABILITY Awards and Recognition _______________________ Tables ___________________________________ 45 STATEMENT and environmental impacts and Risk Management and 6 DECLARATIONS Good Governance ____________________________ sharing insights from the people Manulife Bank Public Accountability Statement ________________ 49 who make it happen – namely, Economic Impact 7 __________________________ our employees. _____________________________ Customers and Product Innovation _____________ 9 Declarations 56 Financial Well-Being and Mental Health _______ 14 Environmental Impact ___________________ 17 ______________________ Responsible Investing 19 __________ Managing Our Operational Footprint 24 2 Manulife Financial Corporation | 2017 Corporate Citizenship Report and Public Accountability Statement | INTRODUCTION TABLE OF CONTENTS Message from Our INTRODUCTION > Message from Our President and CEO President and Chief Executive Officer About Manulife Awards and Recognition As a leading global financial services group, we’re in Our annual Corporate Citizenship Report and Public Risk Management and the privileged position of being able to help millions Accountability Statement is our opportunity to share Good Governance of customers live longer and healthier lives, protect what we’re doing, and to recognize the contributions ECONOMIC IMPACT what matters the most, manage their wealth and save of our colleagues. We are energized by driving lasting for retirement. Our mission is to help people make change and inspired by the people who are helping us decisions easier, and lives better. build a better future. ENVIRONMENTAL IMPACT A company of our size has a significant social and economic impact in the communities and countries SOCIAL IMPACT where we live and work. By investing in the development, diversity and wellness of our employees, and partnering TABLES with community organizations to address societal challenges, we can be a powerful force in building a stronger, healthier society. We also have a responsibility Roy Gori MANULIFE BANK to manage the environmental impacts of our own President and Chief Executive Officer PUBLIC business, and use our influence to help drive positive ACCOUNTABILITY momentum on global issues like climate change. STATEMENT We believe that we have a clear responsibility to make DECLARATIONS a positive contribution to society that goes beyond our financial performance. We acknowledge and embrace it, and our mission keeps us on track. 3 Manulife Financial Corporation | 2017 Corporate Citizenship Report and Public Accountability Statement | INTRODUCTION TABLE OF CONTENTS Manulife Financial Corporation is a leading international financial services group that helps About people make their decisions easier and lives better. We operate primarily as John Hancock INTRODUCTION in the United States, and as Manulife elsewhere. We provide financial advice and insurance, Message from Our Manulife as well as wealth and asset management solutions, for individuals, groups and institutions. President and CEO Our principal operations are in Asia, Canada and the United States where we have served > About Manulife customers for more than 100 years. With our global headquarters in Toronto, Canada, we Awards and trade as ‘MFC’ on the Toronto, New York and Philippine stock exchanges, and under ‘945’ Recognition in Hong Kong. Risk Management and Good Governance ECONOMIC IMPACT 12,898 employees 51 employees ENVIRONMENTAL Canada – since 1887 United Kingdom IMPACT SOCIAL IMPACT TABLES 27 employees employees Belgium MANULIFE BANK 5,848 United States – since employees PUBLIC 16,458 1862 Asia – since 1897 ACCOUNTABILITY STATEMENT Where we manulife.com 16 employees operate in Asia: Barbados DECLARATIONS Cambodia Malaysia johnhancock.com China Philippines Hong Kong Singapore Indonesia Taiwan Approximately 35,000 employees Japan Thailand Macau Vietnam 73,000 agents and thousands of distribution partners More than 26 million customers around the world Over $1 trillion in assets under management 91 employees and administration New Zealand More than $26.7 billion returned to customers in paid out claims and other benefits Note: Map shows only locations where we have more than 10 employees. See page 47 for complete list. 4 Manulife Financial Corporation | 2017 Corporate Citizenship Report and Public Accountability Statement | INTRODUCTION TABLE OF CONTENTS Awards and INTRODUCTION Message from Our Recognition President and CEO About Manulife > Awards and Recognition Risk Management and Our commitment to good corporate Good Governance citizenship was recognized with these awards in 2017. For a complete list, visit ECONOMIC IMPACT manulife.com/awards. ENVIRONMENTAL IMPACT Manulife Philippines received the Reader’s Digest Asia Manulife was recognized as one of Canada’s Top Trusted Brand Gold Awards in the Investment Fund Employers for Young People. SOCIAL IMPACT category. TABLES MANULIFE BANK PUBLIC ACCOUNTABILITY STATEMENT Glassdoor honoured Manulife with the Employees’ John Hancock received a score of 100 per cent on Imagine Canada recognized Manulife as a Caring Choice Award for being one of the best places to work the Human Rights Campaign Foundation’s Corporate Company for committing a minimum of one per cent DECLARATIONS in Canada, as determined by Manulife employees. Equality Index, for its corporate policies and practices of pre-tax domestic profit to support charitable and related to LGBTQ equality in the workplace. non-profit organizations each year. Since 2012, Manulife has been included in the Dow Manulife Canada was named as one of “Canada’s Manulife was named a Greater Toronto Top Employer. Jones Sustainability North America Index in recognition Best Diversity Employers” for our successful diversity The award recognizes employers in the Greater Toronto of our corporate sustainability performance. initiatives in a variety of areas. area that lead their industries in offering exceptional places to work. 5 Manulife Financial Corporation | 2017 Corporate Citizenship Report and Public Accountability Statement | INTRODUCTION TABLE OF CONTENTS Manulife’s Board of Directors received Risk Management the top spot in The Globe and Mail’s Board INTRODUCTION Games annual governance rankings. Message from Our and Good Governance President and CEO About Manulife Awards and Recognition > Risk Management and At Manulife, our approach to managing risk seeks to Integrity at Work our well-established culture of compliance with all legal Good Governance balance delivering exceptional experiences for our and regulatory requirements. Manulife employees have Manulife’s Code of Business Conduct and Ethics (the customers, meeting our policyholder and creditor access to our Global Ethics Hotline, a telephone- and Code) affirms our commitment to observing the highest obligations, providing sustainable long-term growth for web-based communications tool maintained by a third- ECONOMIC IMPACT ethical standards in all of our operations, complying our shareholders, and ensuring our employees have the party service provider through which they can report any with all applicable laws and avoiding any conflicts of tools and skills they need to excel in their roles. activities they suspect to be unethical, unprofessional, ENVIRONMENTAL interest. All employees must be thoroughly familiar with illegal or fraudulent, on a confidential basis, while IMPACT Sound risk management is a cornerstone of Manulife’s its provisions, and must conduct themselves according remaining anonymous if they choose. success. Once we are satisfied that the case for a to both the letter and the spirit of the Code. Employees SOCIAL IMPACT decision meets or exceeds our high standards, we are also required to comply with all relevant laws and quickly and firmly move forward with it, keeping an eye regulations, as well as internal policies, standards and Code of Conduct, Reports and guidelines, which include, but are not limited to: TABLES on any unexpected risks and constraints. In April 2017, Online Content Standard & Poor’s reaffirmed Manulife’s “strong” • Anti-Fraud Policy (and related guidelines, which Code of Business Conduct and Ethics enterprise risk management rating, reflecting a positive MANULIFE BANK include information regarding anti-bribery and anti- Corporate Governance assessment of our risk management culture, controls PUBLIC corruption measures) and models, and our approach to managing emerging Annual Reports ACCOUNTABILITY and strategic risks. • Anti-Money Laundering and Anti-Terrorist STATEMENT Financing Policy Manulife’s
Load more

Recommended publications
  • John Hancock Investments Adds Financial Results
    Recent Highlights A Global Leader John Hancock Financial is a unit of Manulife Financial Corporation, a leading October: John Hancock completes acquisition Canada-based financial services group with principal operations in Asia, of Symetra Investment Services. Canada and the United States. October: John Hancock Investments adds Financial Results . For the quarter ended Sept. 30, 2013, the U.S. Division operations doing three new managing directors to its Institutional business under the John Hancock brand (John Hancock)2 reported earnings 3 team. attributed to shareholders of $894 million. Total premiums and deposits for the quarter from John Hancock were $11 Sept. 30: John Hancock ends quarter with 26 billion or 55% of Manulife Financial’s overall third-quarter premiums and four- and five-star rated mutual funds. deposits. 4 1 (Source: Morningstar, Inc.) . John Hancock’s funds under management were $311 billion, 56% of Manulife’s total funds under management as of Sept. 30, 2013.4 September: John Hancock Retirement Plan Services Offers Partnership Program for Retirement Plan Consultants. Strong Claims Paying Ability/Financial Strength Ratings5 A+ A.M. Best (2nd highest of 15 ratings) September: John Hancock Insurance launches Superior ability to meet ongoing obligations a new survivorship indexed universal life AA- Fitch Ratings (4th highest of 19 ratings) product. Very strong capacity to meet policyholder and contract obligations th A1 Moody’s (5 highest of 21 ratings) September: John Hancock Funds changes its Good financial security th name to John Hancock Investments. AA- Standard & Poor’s (4 highest of 21 ratings) Very strong financial security characteristics August: John Hancock's 2013 Boston Marathon Fundraising Program nets record $7.9 million for non-profit organizations.
    [Show full text]
  • 2018 Annual Report Fellow Shareholders, Governance and Shareholder Outreach
    Manulife Financial Corporation Who Manulife Financial Corporation is Our five Portfolio Optimization we are a leading international financial strategic We are actively managing our priorities services group providing financial 1 legacy businesses to improve advice, insurance, as well as returns and cash generation while wealth and asset management reducing risk. solutions for individuals, groups, and institutions. We operate as John Hancock in the United States Expense Efficiency and Manulife elsewhere. We are getting our cost structure 2 into fighting shape and simplifying and digitizing our processes to position us for efficient growth. Accelerate Growth We are accelerating growth in our 3 highest-potential businesses. Our Digital, Customer Leader mission Decisions We are improving our customer 4 experiences, using digitization and made easierr. innovation to put customers first. Lives High-Performing Team made betterr. We are building a culture that 5 drives our priorities. Our Our Values represent how we Obsess Do the Values operate. They reflect our culture, about right thing inform our behaviours, and help define how we work together. customers Manulife Note: Growth in core earnings, assets under Core Earnings (C$ billions) management and administration (AUMA), and by the new business value are presented on a constant $5.6 billion exchange rate basis. numbers Total Company, Global Wealth and Asset Management (Global WAM), and Asia core earnings up 23%, 21%, and 20%, respectively, from 2017. 5.6 4.6 4.0 3.4 2.9 2014 2015 2016 2017 2018 Assets Under Management and Administration Net Income Attributed to Shareholders (C$ billions) (C$ billions) $1,084 billion $4.8 billion Over $1 trillion in AUMA.
    [Show full text]
  • Demutualization Details
    Demutualization Details 1. American Mutual Life – AmerUs- Indianapolis Life Insurance Company - Central Life Assurance - Central Life Assurance merged with American Mutual in 1994. American Mutual Life was renamed AmerUs Life Insurance Company in 1995. On September 20, 2000, it demutualized to become AmerUs Group. In 2001, the company merged with Indianapolis Life, which had also undergone a demutualization. Approximately 300,000 policyholders and heirs became entitled to receive $452 million in AmerUs Group common stock and $340 million in cash and policy credits. Distribution began on July 31, 2001. Eligible policyholders received a fixed component of 20 AmerUS common shares, as well as a variable component based on policy value. Those who elected to receive cash were compensate $26 per share entitlement. In the first year after the initial public offering, the price of an AmerUS common share increased 99%. The current value of AmerUS Group stock is approximately $45 per share. 2. Anthem Insurance - On July 31, 2002 Anthem Insurance Companies, Inc. completed its conversion from a mutual insurance company to a stock company, and became a wholly owned subsidiary of Anthem, Inc. Eligible policyholders and heirs became entitled to approximately 48 million shares of Anthem, Inc. common stock and cash totaling $2.06 billion. Compensation consisted of a fixed component of 21 Anthem common shares, as well as a variable component based on policy value. The shares were offered to the public at $36. In the first year after the initial public offering, the price of an Anthem common share increased 54%. 3. Equitable Life – Axa - In 1992 the Equitable Life Assurance Society of the United States demutualized and a new parent holding company, the Equitable Companies, was listed on the New York Stock Exchange.
    [Show full text]
  • Defining Success 2018 ANNUAL REPORT Ii | PERKINS SCHOOL for the BLIND
    Defining success 2018 ANNUAL REPORT ii | PERKINS SCHOOL FOR THE BLIND From the CEO and Board Chair At Perkins School for the Blind, success is a journey made up of both big and small moments: a hard-won epiphany in math class, a needed connection with a career mentor, the discovery of a new app that helps with mobility. It’s those moments that reassure families, students and educators that success is worth fighting for, and fuel our motivation to make the world a more inclusive place for everyone. In its 189th year, we at Perkins are focusing on success: the roads toward it, the vehicles that empower it and the ways our students embody it. Without a doubt, much work remains to ensure all children have access to a quality education and the opportunities to fulfill their potential. For us, success is not just a single, triumphant end goal. Your generous support — through donations, through time, through advocacy — is what makes this success possible. Without you, there is no Perkins. Without you, there is no impact to the blind community. With your help, we’re making changes and helping people with visual impairments build success all over the world. And the small moments of discovery and achievement are just as valuable and worthy as the big milestones. In these divisive times, we’re taking action. Your support allows us to advance this critical work in the world and help students to continue succeeding now and into the future. Warmly, Top: A student shows Dave Power a braille machine at Kilimani Primary School in Nairobi, Kenya.
    [Show full text]
  • Joseph J. Oakes IV, Managing Partner of Acorn Financial Services Based in Rosleand, NJ, Receives National Award for Excellence from John Hancock Financial Network
    For Release: Upon Receipt CONTACT: Susan Bumstead Chanley (781) 587-0115 [email protected] Joseph J. Oakes IV, Managing Partner of Acorn Financial Services Based in Rosleand, NJ, Receives National Award for Excellence from John Hancock Financial Network BOSTON, MA, April 21, 2010—Joseph J. Oakes IV, Managing Partner of Acorn Financial Services based in Roseland, NJ, was recognized by John Hancock Financial Network (JHFN) with the Leading with Excellence (LEX) Award. The LEX Award recognizes outstanding leadership in building and growing a successful financial services organization, maintaining a culture where financial professionals and advisors can best succeed, and demonstrating a strong commitment to providing clients with exceptional levels of service. Acorn Financial Services also has offices in Paramus and Morristown, NJ, and Yardley, PA. Acorn Financial has won numerous awards from both JHFN and other industry organizations, including being named JHFN’s Trophy Award winner for exceptional leadership and client service excellence in 2006 and 2008 and being a perennial Master Agency Award Winner from GAMA International. “This achievement by Acorn Financial Services is a reflection of the high level of professionalism, respect, integrity, and real value that the firm delivers to clients every day," said Brian Heapps, Executive Vice President of Sales and Business Development for John Hancock Financial Network. “Especially through these challenging economic times, Joe has led everyone at the firm to go above and beyond to serve their clients.” “I am very proud to accept this recognition on behalf of the entire team at Acorn Financial Services,” said Oakes. “We are committed to helping all of our clients – companies, families, and individuals – create a unified approach to accumulating and preserving wealth.
    [Show full text]
  • Annual Report 2020
    Annual Report 2020 Manulife Financial Corporation Our mission Our values Decisions made easier. Our values represent how we operate. They reflect our culture, Lives made better. inform our behaviours, and help define how we work together. Obsess about customers We predict their needs and do everything in our power Our five strategic priorities to satisfy them. Portfolio Optimization Do the right thing We are actively managing our legacy businesses to improve We act with integrity and do what we say. returns and cash generation while reducing risk. Think big Expense Efficiency Anything is possible. We can always find a better way. We are getting our cost structure into fighting shape and Get it done together simplifying and digitizing our processes to position us for We’re surrounded by an amazing team. Do it better efficient growth. by working together. Accelerate Growth Own it We are accelerating growth in our highest-potential businesses. We feel empowered to make decisions and take action Digital, Customer Leader to deliver our mission. We are improving our customer experiences, using digitization Share your humanity and innovation to put customers first. We build a supportive, diverse, and thriving workplace. High-Performing Team We are building a culture that drives our priorities. Learn more about the progress we are making on our five strategic priorities on page 17. Who we are Manulife Financial Corporation is a leading international financial services group that helps people make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across our offices in Canada, Asia, and Europe, and primarily as John Hancock in the United States.
    [Show full text]
  • Recent Highlights a Global Leader Financial Results Strong Financial
    Recent Highlights A Global Leader John Hancock Financial is a unit of Manulife Financial Corporation, a leading October: JH Names Barbara Goose as Chief Canada-based financial services company with principal operations in Asia, Marketing Officer Canada and the United States. October: JH RPS Earns IFCA Award of Excellence Financial Results for My Best Next Step . For the fiscal year ended December 31, 2016, the U.S. Division operations doing business under the John Hancock brand (John October: JH Investments opens new office in Hancock)1 reported core earnings of $1.2 billion.2 Tempe, Arizona . Total premiums and deposits for the 2016 fiscal year from John Hancock were $56 billion.2 October: JH Insurance launches Industry-first . John Hancock’s assets under management and administration for the Survivorship Life Insurance with the John Hancock 2016 fiscal year were $406.2 billion as of December 31, 2016.2 Vitality Solution Strong Financial Strength/Claims Paying Ability Rating 3 October: Several Signator Advisors To Be Honored A+ A.M. Best (2nd highest of 13 ratings) by Women in Insurance and Financial Services Superior ability to meet ongoing insurance obligations AA- Fitch Ratings (4th highest of 19 ratings) October: JH Target Date PathFinder - On-Line Tool Very strong capacity to meet policyholder and contract obligations for Advisors - Introduced A1 Moody’s (5th highest of 21 ratings) Low credit risk November: Christopher Maryanopolis to Succeed AA- Standard & Poor’s (4th highest of 21 ratings) Brian Heapps as Head of Signator Investors, Inc. Very strong financial security characteristics November: JH Investments wins five STAR Awards for communications excellence Premier Market Positions .
    [Show full text]
  • The Largest Foreign Owned Firms 14 Jack's Abby Brewing Expanding 6
    EMERGING LEADER ALWAYS EXPECTED TO BE A MENTOR. JUST NOT THIS SOON. 10 MARTIN American City BusinessIN Journals THE - Not for commercial MIDDLE use WHY DO MAYOR WALSH, OLYMPICS BOOSTER JOHN FISH AND ROBERT KRAFT CARE SO MUCH ABOUT THIS PROPERTY? BECAUSE IT’S AT THE CENTER OF COMPETING PLANS THAT PROMISE TO RESHAPE ONE OF THE LAST DEVELOPMENT FRONTIERS IN THE CITY. AND THE MAYOR WILL MAKE THE FINAL CALL. COVER STORY BY MARY MOORE AND CATHERINE CARLOCK , 12 New Boston Food Market is the site of a proposed Olympics stadium. THE LARGEST FOREIGNOWNED FIRMS 14 UPFRONT Big cash-outs for local executives A rising stock market delivered a financial windfall to senior executives TECHFLASH and directors at publicly traded REAL ESTATE companies in Massachusetts last year. KAYAK PLANS A HACKATHON CRAIG DOUGLAS, 3 TO RECRUIT EMPLOYEES 8 JACK’S ABBY BREWING EXPANDING 6 BOSTON Breaking news online BUSINESS JOURNAL r BostonBusinessJournal.com April 3, 2015 Vol. 35, No. 9, $6.00 On Twitter 160 Federal Street @BostonBizNews 12th Floor Boston, MA 02110 Daily email updates L BostonBusinessJournal.com/email 2 BOSTON BUSINESS JOURNAL READERS GUIDE R NEWSMAKERS R COMING UP ABC JKL Akamai Technologies ..........6 John Hancock Financial OUTSIDE THE BOX Services ......................... 5 Amtrak ............................ 12 Johnson & Johnson Apotheker’s Chocolates ...... 8 Innovation ..................... 6 R April 10: Largest VC Deals in Mass. Appleton Partners .............. 5 Jubali Juice ....................... 8 R April 17: Toughest Golf Courses in Mass. Beacon Capital Partners ..... 5 Kayak ................................ 8 R April 24: 100 Largest Private Companies Biogen .............................. 7 The Kraft Group ................. 6 R May 1: General Contractors BioMed Realty Trust ..........
    [Show full text]
  • Financial S Bility Ation
    NEWSLETTER INSURANCE AND AND FINANCE FINANCE Special Issue Editorial January 2016 Special Issue on Mergers Editorial Special Issue on Mergers and Acquisitions and Acquisitions 1 by Etti Baranoff1 by Etti Baranoff FINANCIAL S BILITY Since the start of 2014 some 23 major (re)insurance transactions have Facts Versus Sentiment: been announcedATIO andN the 2015 deals completed have amounted to Deals in the Insurance Sector 2 more than USD 22bn. A series of macro-factors appear to be driving this by Mark Wilson phenomenon. The proliferation of alternative capital, global regulatory dynamics and market forces are just some of the issues weighing on Perspectives on Consolidation margins and increasing the attractions of scale. In light of this multi- in Insurance: ‘The Inside View’ 6 decadal high, The Geneva Association devoted its 2015 Symposium on by Greg Taylor with Hugh Insurance Strategies to, ‘Consolidation in Insurance: What is it about?’. Underwood The symposium was held at Aviva in London on 6 November 2015. The first article is by Mark Wilson, CEO of the host company Aviva. He Perspectives on Consolidation emphasises the importance of strategic and financial reasoning for any in Insurance: ‘More on the M&A activity. To ensure success, he said ‘...a deal must be aligned to Inside View’ 10 strategy. But the acid test of a strategy is whether it creates financial by Adam Hodes benefits. That must be the bottom line. As I said before, strategy is only a way to a financial outcome and that is measured in years.’ What is the Logic behind The subsequent two articles are by executives responsible for the ‘nuts and Consolidation? And Does it Create Value? A View bolts’ of M&A activities.
    [Show full text]
  • Jay Aronowitz (617) 663-2702 NEWS
    John Hancock Advisers, LLC 601 Congress Street Boston, Massachusetts 02210-2805 Media Contact: Jay Aronowitz NEWS (617) 663-2702 Investor Contact: (800) 843-0090 FOR IMMEDIATE RELEASE JOHN HANCOCK ANNOUNCES PORTFOLIO MANAGER CHANGE TO CERTAIN CLOSED-END FUNDS BOSTON, MA (August 1, 2011) – John Hancock Advisers, LLC announced today changes to the portfolio management teams of the John Hancock Tax-Advantaged Dividend Income Fund (NYSE: HTD) and the John Hancock Tax-Advantaged Global Shareholder Yield Fund (NYSE: HTY). HTD is managed by a team of portfolio managers from John Hancock Asset Management a division of Manulife Asset Management (US) LLC and Analytic Investors, LLC (“Analytic”). HTY is managed by a team of portfolio managers from Epoch Investment Partners, Inc. and Analytic. Effective immediately, the portfolio management team at Analytic has changed as follows: Ram Willner no longer serves on the portfolio management team responsible for managing the options overlay strategy for HTD and HTY. Harindra de Silva, Gregory McMurran, and Dennis Bein will continue to remain on the team responsible for the management of the options overlay strategy. Statements in this press release that are not historical facts are forward-looking statements as defined by the United States securities laws. You should exercise caution in interpreting and relying on forward-looking statements because they are subject to uncertainties and other factors which are, in some cases, beyond the Fund’s control and could cause actual results to differ materially from those set forth in the forward-looking statements. An investor should consider a Fund's investment objectives, risks, charges and expenses carefully before investing.
    [Show full text]
  • Winter/Spring 2005
    WINTER/SPRING JOHN F. K ENNEDY LIBRARY FOUNDATION 2005 NEWSLETTER New U.S. Citizens Help Mark Kennedy Library’s 25th Anniversary he John F. Kennedy Presidential Library and Museum marked the T 25th anniversary of its October 20, 1979 dedication by host- ing a celebration of the naturalization of new citizens of the United States. The ceremony was presided over by United States District Court Judge Nancy Gertner and was followed by a reception for the new citizens and their families, including a birthday cake for the Kennedy Presidential Library and Museum. TOM FITZSIMMONS In an editorial marking the Kennedy Library’s 25th anniversary, The Boston Globe observed that, “It is difficult to imagine a better New Americans take the oath of U.S. citizenship in Library Pavilion. place to begin the American experience than in this living urban museum, humming with the energy to the great-grandson of Irish immi- citizen,” Shattuck said. “And he spoke honor public service and inspire grants and that no other ceremony often about it, especially after he was new generations.” could be more fitting to celebrate his elected to the highest office in our land. If there is one phrase that captures It is difficult to imagine a better place to begin the the essence of his presidency and American experience than in this living urban museum… the meaning of citizenship as he saw it, it is that powerful phrase in his In welcoming the new citizens, library than to welcome new citizens Inaugural Address, ‘And so my fellow John Shattuck, CEO of the Kennedy from around the world.
    [Show full text]
  • John Hancock Closed-End Funds Declare Quarterly Distributions
    JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS BOSTON, MA (June 1, 2021) – The five John Hancock closed-end funds listed below declared their quarterly distributions today as follows: Declaration Date: June 1, 2021 Ex Date: June 10, 2021 Record Date: June 11, 2021 Payment Date: June 30, 2021 Change From Annualized Current Distribution Per Market Price as of Ticker Fund Name Previous Distribution Rate at S hare 05/28/2021 Distribution Market HEQ Hedged Equity & Income $0.2900 - $12.88 9.01% JHS Income Securities Trust $0.1945 -0.0023 $16.01 4.86% JHI Investors Trust $0.3864 0.0655 $18.58 8.32% Tax-Advantaged Global HTY $0.1600 - $6.68 9.58% Shareholder Yield Fund BTO Financial Opportunities Fund $0.5500 - $41.69 5.28% John Hancock Hedged Equity & Income Fund Hedged Equity & Income Fund (the “Fund”) declared its quarterly distribution pursuant to the Fund’s managed distribution plan (the “HEQ Plan”). Under the HEQ Plan, the Fund makes quarterly distributions in a fixed amount of $0.2900 per share, which will be paid quarterly until further notice. Distributions under the HEQ Plan may consist of net investment income, net realized long-term capital gains, net realized short-term capital gains and, to the extent necessary, return of capital. The Fund may also make additional distributions (i) for purposes of not incurring federal income tax on investment company taxable income and net capital gain of the Fund, if any, not included in such regular distributions and (ii) for purposes of not incurring federal excise tax on ordinary income and capital gain net income, if any, not included in such regular quarterly distributions.
    [Show full text]