John Hancock Investments Reduces Fees on 12 Additional Funds Providing More Value to Investors

Funds Reduced by an Average of 10 Basis Points

BOSTON, MA (February 5, 2019) – John Hancock Investments today announced that the expense ratios for its nine sector ETFs subadvised by Dimensional Fund Advisors, LP, its Floating Rate Income Fund subadvised by Bain Capital Credit, and its Small Cap Value Fund subadvised by Wellington Management were reduced effective January 1, 2019.

The net expense ratios on these funds were reduced by an average of approximately 10 basis points. The reductions in fees reflect a combination of direct management fee cuts, contractual expense caps and new breakpoints. John Hancock Investments is committed to offering actively-managed, strategic portfolio solutions to investors at a competitive price.

“Providing shareholder value is intrinsic to John Hancock Investment’s multimanager model; we are keenly aware of the landscape and how competitive fees, in addition to performance, can impact a portfolio,” said Andrew Arnott, President and Chief Executive Officer, John Hancock Investments and Head of Wealth and Asset Management, United States and Europe, John Hancock and Manulife. “We are pleased to offer to shareholders our due diligence process, combined with the investment prowess of our subadvisors, at a reduced fee.”

To further the opportunity available to John Hancock’s shareholders, new breakpoints

were announced on the Disciplined Value International Fund subadvised by Boston Partners (ticker: JDVIX) and the Absolute Return Currency Fund subadvised by First Quadrant (ticker: JCUIX). These breakpoint additions are not an immediate fee reduction, but as assets grow in these funds, investors will experience fee savings.

The following John Hancock funds experienced fee reductions over the past 12 months. 

Exchange Traded Funds

Fund Ticker New
Prospectus
Net Total
Expense
Ratio (%)
New
Gross
Expense
Ratio (%)
Effective Date Reduction as of
January 1, 2019
(bps)
Multifactor
Consumer
Discretionary
ETF
JHMC 0.40 0.78 01/01/19 -10
Multifactor
Consumer
Staples ETF
JHMS 0.40 1.04 01/01/19 -10
Multifactor
Energy ETF
JHME 0.40 1.05 01/01/19 -10
Multifactor
Financials ETF
JHMF 0.40 0.96 01/01/19 -10
Multifactor
Healthcare ETF
JHMH 0.40 0.96 01/01/19 -10
Multifactor
Industrials ETF
JHMI 0.40 0.96 01/01/19 -10
Multifactor
Materials ETF
JHMA 0.40 0.96 01/01/19 -10
Multifactor
Technology ETF
JHMT 0.40 0.96 01/01/19 -10
Multifactor
Utilities ETF
JHMU 0.40 0.96 01/01/19 -10

Mutual Funds

Fund* Ticker New
Prospectus
Net Total
Expense
Ratio (%)
New
Gross
Expense
Ratio (%)
Effective Date Reduction as of
January 1, 2019
(bps)
JHF Enduring
Assets Fund**
JEEIX 1.00 1.08 03/01/18 -17
JHFII Floating
Rate Income
Fund
JFIIX 0.79 0.89 01/01/19 -8
JHFII Small
Cap Value Fund
JSCBX 1.22 1.23 01/01/19 -7

*Share class I

**Effective March 1, 2019, the fund will be named John Hancock Infrastructure Fund

To find more information about John Hancock Investments, and to compare these funds with others in their categories please visit: JHInvestments.com/register

About John Hancock and Manulife 

John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were over CAD$1.1 trillion (US$863 billion) as of September 30, 2018. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.

One of the largest life insurers in the United States, John Hancock supports approximately 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and college savings plans. Additional information about John Hancock may be found at johnhancock.com.