BOSTON, Jan. 5, 2017 /PRNewswire/ -- John Hancock Investments announced that 11 of its strategic beta ETFs are now available to investors on E*TRADE's commission-free ETF platform.
"Expanding investor access to our ETFs is a key priority for us and so we're pleased that E*TRADE has chosen to include our multifactor ETFs, managed by Dimensional Fund Advisors, on what is one of the largest platforms in the industry," said Todd J. Cassler, president, institutional distribution for John Hancock Investments. "We look forward to continuing to bring our unique manager-of-managers model to a broadened range of investors, and to building this relationship for the benefit of our clients."
"Strategic beta ETFs use sophisticated factor-based methodologies in an effort to reduce risk or increase returns. They deliver an alternative way to approach index investing than what you find with traditional ETFs, adding to the retail investor's arsenal of investing choices," said Lena Haas, SVP, Investing at E*TRADE Financial. "With the addition of John Hancock's strategic beta ETFs to E*TRADE's commission-free ETF platform, we continue in our pursuit to offer our customers the latest in investment choices."
E*TRADE's commission-free platform was launched in 2011 and currently offers 122 ETFs covering
44 Morningstar categories.
John Hancock Investments ETFs available on E*TRADE include:
John Hancock Multifactor Large Cap ETF (JHML)
John Hancock Multifactor Mid Cap ETF (JHMM)
John Hancock Multifactor Consumer Discretionary ETF (JHMC)
John Hancock Multifactor Consumer Staples ETF (JHMS)
John Hancock Multifactor Energy ETF (JHME)
John Hancock Multifactor Financials ETF (JHMF)
John Hancock Multifactor Healthcare ETF (JHMH)
John Hancock Multifactor Industrials ETF (JHMI)
John Hancock Multifactor Materials ETF (JHMA)
John Hancock Multifactor Technology ETF (JHMT)
John Hancock Multifactor Utilities ETF (JHMU)
About John Hancock Investments
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 Investments 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 at 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 on the Internet 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.
Strategic beta refers to indexes and the investment products that track them, the majority of which aim to enhance returns or minimize risk relative to a traditional market‐capitalization‐weighted benchmark.
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus contains this and other important information about the fund. To obtain a prospectus, contact your financial professional, call John Hancock Investments at 800-225-5291, or visit our website at jhinvestments.com/etf. Please read the prospectus carefully before investing or sending money.
Investing involves risks, including the potential loss of principal. There is no guarantee that a fund's investment strategy will be successful. Due to various factors, shares may trade at a premium or discount to their NAV in the secondary market, and a fund's holdings and returns may deviate from those of its index. These variations may be greater when markets are volatile or subject to unusual conditions.
John Hancock Multifactor Exchange-Traded Funds (ETF) shares are bought and sold at market price (not NAV), and are not individually redeemed from the fund. Brokerage commissions will reduce returns.
Dimensional Fund Advisors LP receives compensation from John Hancock in connection with licensing rights to the John Hancock Dimensional indexes. Neither John Hancock Advisers, LLC nor Dimensional Fund Advisors LP guarantees the accuracy and/or completeness of an index (each an underlying index) or any data included therein, and neither John Hancock Advisers, LLC nor Dimensional Fund Advisors LP shall have any liability for any errors, omissions, or interruptions therein. Neither John Hancock Advisers, LLC nor Dimensional Fund Advisors LP makes any warranty, express or implied, as to results to be obtained by a fund, owners of the shares of a fund, or any other person or entity from the use of an underlying index, trading based on an underlying index, or any data included therein, either in connection with a fund or for any other use. Neither John Hancock Advisers, LLC nor Dimensional Fund Advisors LP makes any express or implied warranties, and expressly disclaims all warranties, of merchantability or fitness for a particular purpose or use with respect to an underlying index or any data included therein. Without limiting any of the foregoing, in no event shall either John Hancock Advisers, LLC or Dimensional Fund Advisors LP have any liability for any special, punitive, direct, indirect, or consequential damages, including lost profits, arising out of matters relating to the use of an underlying index, even if notified of the possibility of such damages.
John Hancock ETFs are distributed by Foreside Fund Services, LLC, and are subadvised by Dimensional Fund Advisors LP. Foreside is not affiliated with John Hancock Funds, LLC or Dimensional Fund Advisors LP.
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SOURCE John Hancock Investments