September 25, 2021


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John Hancock Launches New Mortgage loan-Backed Securities ETF, ‘JHMB’

Last 7 days, John Hancock Investment decision Management LLC declared the availability of John Hancock Mortgage loan-Backed Securities ETF (JHMB). The trade-traded fund (ETF) is sub-recommended by Manulife Expense Administration (US) LLC, John Hancock Expenditure Management’s affiliated asset manager. It is the second actively managed preset-earnings ETF launched by John Hancock Expenditure Administration this year, pursuing the launch of John Hancock Corporate Bond ETF (JHCB) in March 2021.

“We’re happy to bring another ETF from the Manulife Financial investment Management set-revenue team to traders,” said Andrew G. Arnott, CEO, John Hancock Financial commitment Administration and head of prosperity and asset management, Manulife Financial commitment Management, United States and Europe. “The staff is very regarded for its bottom-up sector allocation and security range course of action in building financial commitment decisions, and we think this fund is another solid case in point of their abilities for people investors fascinated in accessing this technique in an ETF wrapper.”

John Hancock Home loan-Backed Securities ETF is actively managed and seeks a high level of current money whilst searching for to outperform the benchmark above a market cycle. Less than typical marketplace disorders, the fund invests at minimum 80% of its web belongings (moreover any borrowings for investment decision purposes) in mortgage loan-backed securities. The fund may invest in house loan-connected securities issued or certain by U.S. governmental entities and privately issued house loan-linked securities. These may well include things like household property finance loan-backed securities, commercial property finance loan-backed securities, and to-be-declared property finance loan contracts and may well be rated investment-grade or under.

The ETF is managed by David A. Bees, CFA, taking care of director and portfolio supervisor, Peter M. Farley, CFA, running director and senior portfolio manager, and Jeffrey N. Presented, CFA, and Howard C. Greene, CFA, senior managing directors and senior portfolio supervisors, Manulife Investment Administration.

“In accordance to SIFMA, the market for home finance loan-backed and other asset-backed securities is massive and in desire, and represents over $12 trillion of the bond current market these days, which is greater than the financial investment-quality and superior-generate corporate bond markets combined,” added Steven L. Deroian, co-head of retail merchandise, John Hancock Investment Administration. “We are energized to provide this new ETF to market in a developing category for asset allocators and advisors.”

John Hancock Expense Management released its very first ETFs much more than five decades back. With this announcement, the firm’s ETF supplying has grown to 17 ETFs with nearly $5 billion in property under management as of June 30, 2021, together with house loan-again securities, corporate bonds, U.S. and worldwide equity portfolios, and a variety of sector-particular products and solutions.

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