Manulife John Hancock Investments Launches Active ETF
Manulife John Hancock Investments this week launched the John Hancock Disciplined Value Select ETF, a concentrated U.S. value portfolio and the second actively managed ETF sub-advised by the team at Boston Partners.
The launch brings Manulife John Hancock Investment’s ETF suite to a total of 17 funds with over $7.5 billion in assets under management (AUM), with strategies including U.S. and international equity, preferred income, mortgage-backed securities, and corporate and municipal bonds.
The new fund seeks long-term capital growth and is overseen by veteran portfolio managers David Cohen, CFA, and Joshua White, CFA, both of whom manage Boston Partners’ other large-cap value strategies, including the John Hancock Disciplined Value mutual fund.
“We’re excited to expand our ETF lineup with a second active equity strategy in partnership with Boston Partners,” said Kristie Feinberg, president and CEO of Manulife John Hancock Investments. “Their disciplined investment approach, focused on strong fundamentals and positive business momentum aligns with our commitment to helping clients build more diversified and resilient portfolios.”
“The strategy behind the ETF is a familiar one to investors in the disciplined value suite of products. John Hancock Disciplined Value Select ETF follows the same philosophy and process that we’ve applied in the mutual fund space for decades,” said portfolio manager David Cohen. “The key difference with this launch—beyond the investment vehicle—is the ‘select’ aspect. While John Hancock Disciplined Value Fund will typically hold 70 to 100 securities, John Hancock Disciplined Value Select ETF is a more concentrated portfolio of our highest-conviction ideas, typically around 35 to 40 names.”
Steve Deroian, global head of Exchange Traded Products and Models, Manulife John Hancock Investments, added, “2024 marked a new record for net flows into actively managed ETFs and the launch of John Hancock Disciplined Value Select ETF is another example of how active ETF management can align with investor objectives in changing market conditions.”
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Amanda Umpierrez is the Managing Editor of 401(k) Specialist magazine. She is a financial services reporter with nearly a decade of experience and a passion for telling stories and reporting news. She is originally from Queens, New York, but now resides in Denver, Colorado.
