Index designed by Dimensional Fund Advisors
BOSTON, December 16, 2016—John Hancock Investment Management has expanded its exchange-traded fund (ETF) product lineup today with the launch of John Hancock Multifactor Developed International ETF. Dimensional Fund Advisors LP, a company regarded as one of the pioneers in strategic beta investing, was selected to design the underlying developed-market equity index for the new international ETF based on Dimensional’s time-tested factor-based approach. The ETF (ticker JHMD) trades on the NYSE Arca.
“Adding an ETF focused on international investing is a logical extension of our product line, and we are pleased to be able to bring Dimensional’s proven multifactor approach to investors seeking to invest in international markets,” said Andrew G. Arnott, president and CEO of John Hancock Investment Management.
Dimensional began applying the concept of multifactor investing more than 30 years ago, and today the firm is one of the most respected managers in the industry. Dimensional’s approach is rooted in decades of academic research into the factors that drive expected returns and they offer a compelling track record of delivering results to investors.
“The beauty of Dimensional’s philosophy is that it is straightforward and disciplined in its approach, yet so thoughtful and innovative in its implementation. They are truly an exceptional firm to be able to partner with to deliver solutions to our clients,” said Steve L. Deroian, head of ETF strategy at John Hancock Investment Management.
John Hancock Investment Management has had a relationship with Dimensional and its portfolio management teams since 2006, with strategies offered as both individual John Hancock mutual funds and through John Hancock asset allocation portfolios.
The new international ETF is the 12th ETF John Hancock Investment Management has developed with Dimensional Fund Advisors in the past 18 months. John Hancock Investment Management’ previous launches include U.S. large- and mid-cap portfolios and a range of sector-specific offerings.
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 CAD$966 billion (US$862 billion) as of September 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, college savings, and other forms of business insurance. Additional information about John Hancock may be found at johnhancock.com.