Core Viewpoint - Dynamic has announced the final year-end reinvested distributions for its Active ETFs and ETF Series for the 2025 tax year, with distributions to be reinvested in additional units on January 5, 2026 [1][2]. Distribution Details - The reinvested distributions do not include any cash distribution amounts for December and will be consolidated to maintain the number of units outstanding [2]. - The final reinvested distribution amounts per unit for various ETFs are provided, with notable distributions including: - Dynamic Active Canadian Dividend ETF: 0.69150 CAD - Dynamic Active Global Dividend ETF: 11.31020 CAD - Dynamic Active U.S. Dividend ETF: 4.49560 CAD - Dynamic Active Innovation and Disruption ETF: 1.54710 CAD [3]. Tax Reporting - The actual taxable amounts of the reinvested distributions, including their tax characteristics, will be reported to CDS Clearing and Depository Services Inc. in early 2026, and securityholders can contact their brokerage for this information [3]. Company Overview - Dynamic is a division of 1832 Asset Management L.P., offering a range of wealth management solutions, including mutual funds and actively managed ETFs, and is wholly owned by Scotiabank [5].

Core Viewpoint - The launch of the first five Truth Social ETFs on the New York Stock Exchange represents a significant opportunity for patriotic investors to align their investments with American values and support the U.S. economy [2][4]. Group 1: ETF Launch Details - The Truth Social ETFs are part of the Truth.Fi fintech brand from Trump Media & Technology Group Corp, focusing on securities with a "Made in America" emphasis across various industries [3][4]. - The initial ETFs launched include: Truth Social American Security & Defense ETF (TSSD), Truth Social American Next Frontiers ETF (TSFN), Truth Social American Icons ETF (TSIC), Truth Social American Energy Security ETF (TSES), and Truth Social American Red State REITs ETF (TSRS) [9]. Group 2: Company Statements - Trump Media CEO Devin Nunes expressed satisfaction in providing investment options for those who wish to support American ingenuity and optimism about the economy's future [4]. - Yorkville America CEO Troy Rillo highlighted the ETFs as a transformative opportunity for investors to channel capital towards American strength and innovation [4]. - Steve Neamtz, President of Yorkville America, emphasized the importance of transparency in the ETFs' index tracking, allowing investors to align their portfolios with personal values [4]. Group 3: Future Plans - Yorkville America Equities and Trump Media plan to introduce additional ETFs in 2026, including equity-based and digital asset-based funds [4].

Core Insights - A large-cap ETF with zero fees has experienced a significant increase of 40% over the past eight months, attracting attention from investors [1] Group 1 - The zero-fee structure of the ETF is a key factor contributing to its popularity among investors [1] - The substantial growth of 40% in a relatively short period indicates strong market performance and investor interest [1]

Core Insights - Gen Z's ideal retirement age is 59, but they expect to retire at 67, indicating a significant gap between aspiration and expectation [2][4] - Millennials desire to retire at age 61, yet anticipate retirement at age 69, reflecting a similar trend across generations [3][4] Retirement Preparedness - Gen Z and Millennials show the highest proportion of individuals considered prepared for retirement compared to older generations [5] - Increased access to defined contribution plans like 401(k)s has improved retirement savings potential for younger generations compared to Baby Boomers [5][8] 401(k) Plan Features - Recent legislative changes have allowed for automatic investment in qualified default investment alternatives (QDIAs) within 401(k) plans, simplifying the investment process for employees [6][7] - The design of 401(k) plans has evolved, making it easier for younger individuals to save for retirement [6][8] Impact of Early Saving - Early saving significantly benefits younger generations due to a longer investment horizon and the advantages of compound interest [8] - A hypothetical scenario illustrates that a 25-year-old investing $500 monthly at an 8% annual return could accumulate over $1.6 million by age 65, compared to approximately $286,000 for someone starting at age 45 [9]

Core Insights - Warren Buffett's name is synonymous with Berkshire Hathaway, but he also holds a separate portfolio of ETFs managed by New England Asset Management [1][2][3] - Buffett is expected to retire soon, with Greg Abel set to take over, although Buffett will remain involved as chairman and controlling shareholder [2] - The upcoming Q4 2025 13F report will be the last one under Buffett's leadership as CEO [2] ETF Portfolio Overview - The ETFs in Buffett's secret portfolio include iShares Core MSCI EA (IEFA), Vanguard High Dividend Yield Index Fund ETF (VYM), and iShares Core MSCI International Developed Markets ETF (IDEV) [1][3] - The top two holdings in the portfolio are SPDR S&P 500 ETF Trust (SPY) and Vanguard S&P 500 ETF (VOO), which together account for a 16.13% exposure to the S&P 500 [4] iShares Core MSCI EA (IEFA) - IEFA provides exposure to developed-market stocks outside the U.S. and Canada, tracking the MSCI EAFE IMI Index [6] - It has outperformed both the S&P 500 and Nasdaq-100 year-to-date, with a gain of 27.8% and a dividend yield of 3.5% [8] - New England Asset Management allocates 6.37% of its portfolio to IEFA, valued at $48.7 million, with a 35.23% increase in holdings in Q3 [8] Vanguard High Dividend Yield Index Fund ETF (VYM) - VYM tracks the FTSE High Dividend Yield Index, focusing on U.S. stocks with above-average dividend yields [9] - It has increased by 13.74% over the past year, with a dividend yield of 2.41% and an expense ratio of 0.06% [10][11] - VYM constitutes 4.62% of NEAM's portfolio, valued at $35.37 million, with a 1.77% increase in holdings in Q3 [11] iShares Core MSCI International Developed Markets ETF (IDEV) - IDEV targets developed markets internationally, tracking an MSCI "World ex USA" index, including Canada [12] - It has gained 28.6% year-to-date, with a lower expense ratio of 0.04% and a dividend yield of 3.38% [12] - IDEV makes up 4.41% of NEAM's portfolio, valued at $33.72 million, with a 30.1% increase in holdings in Q3 [13]

Group 1 - The article discusses the financial journey of former Goldman Sachs analyst Sam Dogen, who sold a significant portion of his investments to purchase a home, resulting in a loss of approximately $150,000 annually in passive income [1][2] - Dogen's decision to invest in real estate was driven by a fear of missing out (FOMO), which he later regretted as it led to being "house-rich and cash-poor" [2][3] - After realizing the impact of his investment choices, Dogen returned to work briefly but ultimately decided against seeking another job, managing to save around $40,000 in the process [3] Group 2 - The article highlights alternative ways to earn passive income through real estate without direct ownership, such as investing in shares of vacation homes or rental properties via platforms like Arrived [4] - Arrived allows investors to participate in real estate markets with minimal initial investment, starting from as little as $100, and offers the potential for quarterly dividends [5] - The platform is backed by notable investors, including Jeff Bezos, and focuses on properties selected for their appreciation and income generation potential [5]

SDI Productions / Getty Images Indeed, while more than 80% of Americans in their 60s are invested in retirement plans, only about 35% have brokerage accounts. Key Takeaways For people in their 60s, retirement accounts typically hold more than $300,000 in stocks on average—but the median balance is closer to about $100,000. Taxable brokerage accounts vary widely, but industry data show engaged near-retirees often hold low- to mid-six-figure balances. As retirement nears, many wonder if their investme ...

Core Viewpoint - AGF Investments Inc. has announced the final cash distributions and annual reinvested capital gains distributions for its ETFs for December 2025, with payments scheduled for December 31, 2025, and January 7, 2026 [1][2]. Distribution Details - Unitholders of record on December 31, 2025, will receive cash distributions and reinvested capital gains distributions, with taxable amounts reported in early 2026 [2]. - The annual reinvested capital gains distributions represent realized capital gains within the ETFs and will be reinvested rather than paid in cash, affecting the unitholder's adjusted cost base [3]. Cash and Reinvested Capital Gains Distribution Amounts - The final cash and reinvested capital gains distribution amounts per unit for various AGF ETFs are as follows: - AGF Emerging Markets ex China: Cash $0.234850, Reinvested $0.260988 - AGF Enhanced U.S. Equity Income: Cash $0.179707, Reinvested $0 - AGF Global Real Assets Fund: Cash $0.594638, Reinvested $0 - AGF Global Sustainable Growth: Cash $0.032429, Reinvested $0 - AGF Systematic Global ESG Factors: Cash $0.657506, Reinvested $0 - AGF Systematic Global Infrastructure ETF: Cash $0.342613, Reinvested $0.353686 - AGF Total Return Bond Fund: Cash $0.095168, Reinvested $0 - AGF US Market Neutral Anti-Beta: Cash $0, Reinvested $0 - AGF U.S. Small-Mid Cap Fund: Cash $0, Reinvested $0 [4]. Company Overview - AGF Management Limited, founded in 1957, is an independent asset management firm with over $60 billion in total assets under management, serving more than 815,000 investors [8][10]. - AGF Investments is a group of subsidiaries under AGF Management Limited, managing mutual funds in Canada [11][12].

Core Viewpoint - Manulife Investments announced the final cash distributions for its ETFs and ETF series of mutual funds for December 2025, with payments scheduled for January 15, 2026 [1]. Distribution Details - The cash distribution amounts per unit for various Manulife ETFs are as follows: - Manulife Smart Short-Term Bond ETF (TERM): C$0.025324, Monthly - Manulife Smart Core Bond ETF (BSKT): C$0.022317, Monthly - Manulife Smart Corporate Bond ETF (CBND): C$0.027779, Monthly - Manulife Smart Global Bond ETF (GBND): C$0.022743, Monthly - Manulife Smart Enhanced Yield ETF (CYLD): C$0.160000, Monthly - Manulife Smart U.S. Enhanced Yield ETF – Unhedged (UYLD.B): C$0.160000, Monthly - Manulife Smart U.S. Enhanced Yield ETF – US Dollar (UYLD.U): C$0.160000*, Monthly - Manulife Smart U.S. Enhanced Yield ETF – Hedged (UYLD): C$0.160000, Monthly - Manulife Smart Enhanced Yield Bond ETF– Unhedged (BYLD.B): C$0.116674, Monthly - Manulife Smart Enhanced Yield Bond ETF – Hedged (BYLD): C$0.115931, Monthly - Manulife Global Edge ETF (GEDG): C$0.001234, Quarterly - Manulife Smart Dividend ETF (CDIV): C$0.132244, Quarterly - Manulife Smart U.S. Dividend ETF – Unhedged (UDIV.B): C$0.102016, Quarterly - Manulife Smart U.S. Dividend ETF – Hedged (UDIV): C$0.094651, Quarterly - Manulife Smart U.S. Dividend ETF – US Dollar (UDIV.U): C$0.076214*, Quarterly - Manulife Smart International Dividend ETF – Unhedged (IDIV.B): C$0.111599, Quarterly - Manulife Smart Global Dividend ETF Portfolio (GDIV): C$0.093047, Quarterly - Manulife Smart Defensive Equity ETF (CDEF): C$0.202209, Semi-Annual - Manulife Smart U.S. Defensive Equity ETF – Unhedged (UDEF.B): C$0.078236, Semi-Annual - Manulife Smart U.S. Defensive Equity ETF – Hedged (UDEF): C$0.063902, Semi-Annual - Manulife Smart U.S. Defensive Equity ETF – US Dollar (UDEF.U): C$0.083723*, Semi-Annual - Manulife Smart International Defensive Equity ETF – Unhedged (IDEF.B): C$0.175154, Semi-Annual - Manulife Multifactor Canadian Large Cap Index ETF (MCLC): C$0.500360, Semi-Annual - Manulife Multifactor U.S. Large Cap Index ETF – Unhedged (MULC.B): C$0.347524, Semi-Annual - Manulife Multifactor U.S. Large Cap Index ETF – Hedged (MULC): C$0.266310, Semi-Annual - Manulife Multifactor U.S. Mid Cap Index ETF – Unhedged (MUMC.B): C$0.282933, Semi-Annual - Manulife Multifactor U.S. Mid Cap Index ETF – Hedged (MUMC): C$0.250437, Semi-Annual - Manulife Multifactor Developed International Index ETF – Unhedged (MINT.B): C$0.917531, Semi-Annual - Manulife Multifactor Developed International Index ETF – Hedged (MINT): C$0.742856, Semi-Annual - Manulife Multifactor Canadian SMID Cap Index ETF (MCSM): C$0.426010, Semi-Annual - Manulife Multifactor U.S. Small Cap Index ETF – Unhedged (MUSC.B): C$0.164171, Semi-Annual - Manulife Multifactor U.S. Small Cap Index ETF – Hedged (MUSC): C$0.139439, Semi-Annual - Manulife Multifactor Emerging Markets Index ETF – Unhedged (MEME.B): C$0.415626, Semi-Annual - Manulife Strategic Income Fund – ETF Series (STRT): C$0.030746, Monthly - Manulife Core Plus Bond Fund – ETF Series (MCOR): C$0.032697, Monthly - Manulife Dividend Income Fund – ETF Series (MDIF): C$0.012902, Monthly - Manulife Alternative Opportunities Fund – ETF Series (OPPS): C$0.034416, Monthly - Manulife Strategic Income Plus Fund – ETF Series (PLUS): C$0.039899, Monthly - Manulife Fundamental Equity Fund – ETF Series (MFUN): C$0.025530, Quarterly [1]. Company Overview - Manulife Financial Corporation is a leading international financial services provider, operating globally under the Manulife brand in Canada, Asia, and Europe, and as John Hancock in the United States [6]. - The company provides financial advice, insurance, and investment services to over 36 million customers, supported by more than 37,000 employees and over 109,000 agents [6].

Core Viewpoint - Billionaire investor Ray Dalio warns that all major fiat currencies are "in trouble" due to unsustainable debt levels, predicting significant currency devaluation similar to historical periods in the 1930s and 1970s [1][2]. Currency Devaluation Mechanics - Dalio emphasizes that "money is debt," explaining that fiat currency represents a promise to receive payment. As governments accumulate unsustainable debt, such as the United States' $38 trillion, they are compelled to devalue their currency to manage these liabilities [2][3]. - Developed nations are trapped in a cycle where raising taxes or cutting spending sufficiently to balance budgets could lead to social unrest, leading policymakers to print more money, which dilutes currency value [3]. Structural Economic Challenges - This issue is not limited to the U.S.; similar dynamics are observed in the UK and France, where the political cost of austerity is deemed too high. The UK's instability, evidenced by the turnover of four prime ministers in five years, highlights the economic pressures faced [4]. Shift to Gold - As confidence in fiat currencies diminishes, central banks are increasingly selling debt-based assets and purchasing gold, which Dalio describes as the "oldest money" and a non-liability asset. This shift is seen as a defensive strategy against impending devaluation of paper money [6]. - The U.S. Dollar Index Spot has decreased by 9.63% year-to-date, while Gold Spot has reached $4,550.11 per ounce, marking a 67.25% increase over the year [7]. ETF Performance - Performance data for dollar ETFs shows varied results, with the Invesco DB U.S. Dollar Index Bullish Fund down 9.07% year-to-date, while the Invesco DB U.S. Dollar Index Bearish Fund has gained 10.25% [8].