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BOSTON, 19 August 2021 / PRNewswire / – John Hancock Investment Management LLC today announced the John Hancock Mortgage-backed Securities ETF (Ticker: JHMB). The ETF’s sub-advisor is Manulife Investment Management (US) LLC, an affiliate of John Hancock Investment Management’s asset manager. It is the second actively managed fixed income ETF launched by John Hancock Investment Management this year following the launch of John Hancock’s corporate bond ETF (ticker: JHCB) in March 2021…
“We are pleased to introduce another ETF from the Manulife Investment Management Fixed Income Team to investors,” he said. Andrew J. Arnott, CEO John Hancock Investment Management and Head of Capital and Asset Management at Manulife Investment Management, United States and Europe… “The team is highly regarded for its bottom-up sector allocation and stock selection process when making investment decisions, and we believe this fund is another prime example of their opportunity for those investors interested in accessing this strategy in an ETF shell.”
John Hancock Mortgage-Backed Securities ETF The ETF is actively managed and aims to achieve a high current income while striving to surpass benchmarks during the market cycle. Under normal market conditions, a fund invests at least 80% of its net assets (plus any loans for investment purposes) in mortgage-backed securities. The fund may invest in mortgage-related securities issued or guaranteed by US government agencies, as well as in private mortgage-related securities. This may include residential mortgage-backed securities, mortgage-backed commercial securities, and mortgage contracts that will be announced later and may be rated investment grade or lower.
ETF is managed David A. Bees, CFA, Managing Director and Portfolio Manager, Peter M. Farley, CFA, Managing Director and Senior Portfolio Manager, and Jeffrey N. Given, CFA and Howard S. Green, CFA, Senior Managing Directors and Senior Portfolio Managers, Manulife Investment Management.
“According to SIFMA, the market for mortgage-backed securities and other asset-backed securities is large and in demand at more than 12 trillion dollars the bond market today, which is larger than the investment grade corporate bond and high yield markets combined, “added Stephen L. Deroyan, Co-Head of Retail Products, John Hancock Investment Management. “We are delighted to bring this new ETF to the market in a growing category for asset allocators and consultants.”
John Hancock Investment Management launched its first ETFs over five years ago. With this announcement, the company’s ETF offering has grown to 17 ETFs from nearly $ 5 billion in assets under management as of June 30, 2021including mortgage-backed securities, corporate bonds, US and international equity portfolios, and a range of sector-specific products.
Investors are advised to carefully consider the investment objectives, risks, fees, and costs of an ETF before investing. The prospectus contains this and other important information about ETFs and should be read carefully before investing. A copy of the prospectus can be obtained by calling 800-225-6020. Please read the prospectus carefully before investing.
John Hancock Corporate Bond ETFs and John Hancock Mortgage-Backed Securities ETFs are distributed by Foreside Fund Services, LLC in United States… Foreside is not affiliated with John Hancock Investment Management LLC.
ETF shares are not redeemable in ETFs, except in aggregate units of creation. Instead, investors must buy or sell ETF shares in the secondary market at market price (not NAV) through a broker-dealer. At the same time, the investor may incur brokerage commissions and may pay more than the net asset value upon purchase, and may receive less than the net asset value upon sale.
Investing carries risks, including potential loss of principal. Mortgage-backed and asset-backed securities are subject to various combinations of prepayment, rollover, interest rate and other market risks. Factors affecting the value of these securities include changes in interest rates, the reliability of available information, credit quality or improvement, and market perception.
© 2021 John Hancock Investment Management. All rights reserved.
There is no guarantee that any illustrated investment strategy will be successful or produce a certain level of results. This material is for informational purposes only and is not intended and should not be construed or construed as a recommendation or provision of advice, impartial or otherwise, in relation to any security, mutual fund, ETF, sector or index. Investors should consult with their financial professional before making any investment decisions.
ETF shares do not represent a deposit or obligation, are not guaranteed or endorsed by any bank or other insured depository institution, and are not federally insured by the Federal Deposit Insurance Corporation, the Federal Reserve Board or any other organizations. another government agency.
Statements in this press release, which are not historical facts, are forward-looking statements as defined United States securities laws. You should exercise caution in interpreting and using forward-looking statements as they are subject to uncertainties and other factors that, in some cases, are beyond the control of the ETF and could cause actual results to differ materially from those set out in the forward-looking statements. statements.
About John Hancock Investment Management
As a Manulife Investment Management company, we serve investors with a unique multi-manager approach, complementing our vast in-house capabilities with an unrivaled network of dedicated asset managers backed by some of the most rigorous investment supervision practices in the industry. The result is a diverse portfolio of time-tested investments from a leading asset manager with a heritage of financial management.
About Manulife Investment Management
Manulife Investment Management is the global asset and asset management segment of Manulife Financial Corporation. We draw on over a century of financial management practice and all the resources of our parent company to serve individuals, organizations and retirement plan members around the world. Headquartered in TorontoOur leading opportunities in public and private markets are enhanced by an investment presence spanning 18 geographic regions. We complement these capabilities by providing access to a network of independent asset managers from around the world. We are committed to investing responsibly in our business. We develop an innovative global framework for sustainable investment, work with companies on our portfolios and maintain high management standards where we own and manage assets and we believe in supporting financial well-being through our workplace retirement plans. … Today, plan sponsors around the world rely on our knowledge of retirement plan administration and investments to help their employees plan, save for retirement, and live better in retirement.
As of June 30, 2021Manulife Investment Management’s assets under management and administration, including assets managed for other Manulife segments, amounted to CAD 1.0 trillion (USD 834 billion). Not all offers are available in all jurisdictions.… For more information visit manulifeim.com…
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SOURCE John Hancock Investment Management