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BOSTON, Aug. 19, 2021 /PRNewswire/ – John Hancock Expense Management LLC these days introduced the availability of John Hancock House loan-Backed Securities ETF (ticker: JHMB). The trade-traded fund (ETF) is subadvised by Manulife Investment Administration (US) LLC, John Hancock Investment decision Management’s affiliated asset supervisor. It is the 2nd actively managed set-earnings ETF released by John Hancock Financial investment Administration this yr, pursuing the launch of John Hancock Company Bond ETF (ticker: JHCB) in March 2021.
“We’re happy to deliver another ETF from the Manulife Investment Administration mounted-profits team to traders,” mentioned Andrew G. Arnott, CEO, John Hancock Expense Management and head of wealth and asset administration, Manulife Investment Administration, United States and Europe. “The group is remarkably regarded for its bottom-up sector allocation and protection range approach in making investment decision decisions, and we believe this fund is an additional solid instance of their capabilities for these traders interested in accessing this approach in an ETF wrapper.”
John Hancock Mortgage loan-Backed Securities ETF is actively managed and seeks a high amount of latest money though seeking to outperform the benchmark about a market cycle. Below usual market place circumstances, the fund invests at the very least 80% of its internet assets (as well as any borrowings for expense needs) in home loan-backed securities. The fund may well spend in property finance loan-relevant securities issued or guaranteed by U.S. governmental entities and privately issued mortgage-relevant securities. These could include residential mortgage-backed securities, commercial mortgage-backed securities, and to-be-introduced home finance loan contracts and could be rated investment quality or underneath.
The ETF is managed by David A. Bees, CFA, taking care of director and portfolio manager, Peter M. Farley, CFA, managing director and senior portfolio supervisor, and Jeffrey N. Offered, CFA, and Howard C. Greene, CFA, senior running directors and senior portfolio supervisors, Manulife Expenditure Administration.
“According to SIFMA, the sector for property finance loan-backed and other asset-backed securities is massive and in demand, and represents around $12 trillion of the bond market place currently, which is more substantial than the expenditure-quality and higher-produce company bond markets mixed,” added Steven L. Deroian, co-head of retail product or service, John Hancock Financial commitment Management. “We are enthusiastic to deliver this new ETF to marketplace in a increasing group for asset allocators and advisors.”
John Hancock Financial commitment Management launched its initial ETFs much more than 5 years in the past. With this announcement, the firm’s ETF giving has developed to 17 ETFs with just about $5 billion in property under management as of June 30, 2021, together with house loan-again securities, company bond, U.S. and worldwide fairness portfolios, and a vary of sector-certain goods.
Traders are advised to diligently think about the investment decision aims, risks, charges, and costs of an ETF before investing. The prospectus contains this and other important information about the ETF and must be read through cautiously just before investing. A duplicate of the prospectus may be acquired by calling 800-225-6020. Be sure to read through the prospectus meticulously prior to investing.
John Hancock Company Bond ETF and John Hancock House loan-Backed Securities ETF are distributed by Foreside Fund Products and services, LLC in the United States. Foreside is not affiliated with John Hancock Expenditure Management LLC.
Shares of the ETF are not redeemable with the ETF other than in development device aggregations. In its place, traders should acquire or promote the ETF shares in the secondary market at marketplace price (not NAV) by means of a broker-seller. In performing so, the trader may well incur brokerage commissions and may possibly fork out much more than web asset price when shopping for and may possibly acquire a lot less than internet asset value when promoting.
Investing includes risks, such as the opportunity decline of principal. Home finance loan-backed and asset-backed securities are matter to diverse mixtures of prepayment, extension, curiosity-amount, and other market threats. Elements that affect the benefit of these securities involve fascination-rate changes, the reliability of available details, credit quality or improvement, and market perception.
© 2021 John Hancock Financial commitment Management. All rights reserved.
There is no assure that any investment strategy illustrated will be profitable or achieve any certain level of results. This materials is for informational reasons only and is not intended to be, nor shall it be interpreted or construed as, a advice or offering suggestions, impartial or in any other case, pertaining to any safety, mutual fund, ETF, sector, or index. Traders should seek advice from with their money skilled in advance of earning any financial commitment decisions.
The shares of the ETFs do not depict a deposit or an obligation of, and are not certain or endorsed by, any bank or other insured depository establishment, and are not federally insured by the Federal Deposit Insurance coverage Company, the Federal Reserve Board, or any other govt agency.
Statements in this push release that are not historical facts are forward-on the lookout statements as defined by the United States securities legal guidelines. You ought to work out warning in deciphering and relying on forward-looking statements due to the fact they are subject matter to uncertainties and other factors which are, in some situations, over and above the ETF’s management and could cause actual outcomes to vary materially from those established forth in the ahead-looking statements.
About John Hancock Investment decision Administration
A enterprise of Manulife Expense Administration, we provide buyers via a one of a kind multimanager technique, complementing our intensive in-home abilities with an unrivaled network of specialized asset supervisors, backed by some of the most arduous financial investment oversight in the field. The result is a assorted lineup of time-analyzed investments from a leading asset manager with a heritage of monetary stewardship.
About Manulife Expenditure Management
Manulife Investment Administration is the world wide prosperity and asset management phase of Manulife Money Corporation. We draw on additional than a century of economical stewardship and the full means of our parent business to serve persons, establishments, and retirement system members all over the world. Headquartered in Toronto, our primary capabilities in community and non-public marketplaces are strengthened by an investment footprint that spans 18 geographies. We complement these abilities by supplying access to a network of unaffiliated asset administrators from all over the globe. We’re fully commited to investing responsibly across our organizations. We establish impressive worldwide frameworks for sustainable investing, collaboratively have interaction with corporations in our securities portfolios, and maintain a substantial normal of stewardship where we individual and work property, and we believe that in supporting economical properly-being by our office retirement programs. Today, plan sponsors around the environment depend on our retirement program administration and expenditure know-how to aid their staff members strategy for, conserve for, and live a improved retirement.
As of June 30, 2021, Manulife Expenditure Management’s property beneath administration and administration, which include belongings managed for Manulife’s other segments, totaled CAD$1. trillion (US$834 billion). Not all offerings are out there in all jurisdictions. For added information, remember to go to manulifeim.com.
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