BOSTON, October 5, 2016—John Hancock Investment Management announced today that 5 of the company’s sector-based ETFs have been added by Charles Schwab to their Schwab ETF OneSource™ program. All 11 John Hancock Multifactor ETFs are now available commission free1 on the platform, under certain conditions.
“We’re pleased that with the addition of our five new sector ETFs, launched in March of this year, our full suite of multifactor sector ETFs is now available on the Schwab ETF OneSource program. These funds, along with our large- and mid-cap ETFs, all managed by Dimensional Fund Advisors, are now available to advisors and individual investors commission free at Schwab,” said Todd J. Cassler, president of institutional distribution at John Hancock Investment Management. “As we continue building this relationship for the benefit of our clients, we look forward to bringing our unique manager-of-managers model to an expanded range of investors.”
“We are thrilled that John Hancock Investment Management has decided to broaden the lineup of multifactor sector ETFs available through Schwab ETF OneSource, giving Schwab clients even more choice within our commission-free ETF offering,” said Heather Fischer, vice president of ETF platform management at Schwab.
Schwab ETF OneSource was launched in February of 2013, and currently offers 232 ETFs covering 69 Morningstar categories.
The available John Hancock ETF funds are:
|Fund name||Ticker||Morningstar category|
|John Hancock Multifactor Large Cap ETF||JHML||Large-cap blend|
|John Hancock Multifactor Mid Cap ETF||JHMM||Mid-cap blend|
|John Hancock Multifactor Consumer Discretionary ETF||JHMC||Consumer cyclical|
|John Hancock Multifactor Consumer Staples ETF||JHMS||Consumer defensive|
|John Hancock Multifactor Energy ETF||JHME||Equity energy|
|John Hancock Multifactor Financials ETF||JHMF||Financial|
|John Hancock Multifactor Healthcare ETF||JHMH||Health|
|John Hancock Multifactor Industrials ETF||JHMI||Industrials|
|John Hancock Multifactor Materials ETF||JHMA||Natural resources|
|John Hancock Multifactor Technology ETF||JHMT||Technology|
|John Hancock Multifactor Utilities ETF||JHMU||Utilities|
In September of 2015, John Hancock Investment Management entered the ETF business with a suite of strategic beta funds built on Dimensional Fund Advisors’ time-tested approach. For more than 30 years, Dimensional Fund Advisors has leveraged academic research in their approach to factor-based investing, a style that seeks to identify and isolate those equity characteristics that are true drivers of long-term performance: smaller capitalizations, lower valuations, and higher profitability. Each John Hancock Multifactor ETF seeks to track a custom index built upon decades of academic research into the factors that drive higher expected returns.
About John Hancock Investment Management
John Hancock has helped individuals and institutions build and protect wealth since 1862. Today, we are one of America’s strongest and most-recognized brands. As a manager of managers, John Hancock Investment Management searches the world to find proven portfolio teams with specialized expertise for every fund we offer, then we apply vigorous investment oversight to ensure they continue to meet our uncompromising standards and serve the best interests of our shareholders. Our unique approach to asset management has led to a diverse set of investments deeply rooted in investor needs, along with strong risk-adjusted returns across asset classes.
About John Hancock Financial and Manulife
John Hancock Financial is a division of Manulife, a leading Canada-based financial services group with principal operations in Asia, Canada, and the United States. Operating as Manulife in Canada and Asia, and primarily as John Hancock in the United States, our group of companies offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents, and distribution partners. Assets under management and administration by Manulife and its subsidiaries were $934 billion (US$718 billion) as of June 30, 2016. 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.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers and administers a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.