Manulife John Hancock Investments Launches Global Senior Loan ETF

Manulife John Hancock Investments announced it will launch John Hancock Global Senior Loan ETF, subadvised by affiliated investment manager Manulife | CQS Investment Management.

The launch brings Manulife John Hancock Investment’s ETF suite to a total of 18 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 ETF seeks to provide a high level of current income through the investment of at least 80% of its assets (plus any borrowings for investment purposes) in a diversified portfolio of senior loans. Senior loans are investments in originated first and second lien loans, delayed draw term loans, revolving credit facilities, and club deals and will include, but are not limited to, senior secured floating rate bank loans. James Fitzpatrick, Portfolio Manager, Chief Investment Officer, North America, and Head of Global Loans, Manulife | CQS IM, is primarily responsible for the day-to-day management of the fund’s portfolio. Mr. Fitzpatrick is also co-portfolio manager of John Hanock CQS Multi Asset Credit Fund.

“We’re thrilled to introduce a new capability that draws on the deep expertise of Manulife | CQS Investment Management in global credit markets,” said Kristie Feinberg, president and CEO of Manulife John Hancock Investments. “This ETF is designed to help investors pursue income and diversify their portfolios more effectively. It complements our existing active fixed-income ETF lineup and offers a compelling option for those seeking income generation, duration management, and enhanced total return potential.”

“We are incredibly excited to bring this new ETF to investors, as it showcases the strength of the loan team’s rigorous investment process that has been honed over nearly two decades,” said Soraya Chabarek, president and CEO of Manulife | CQS IM. “Our investment approach is fundamentally driven and enhanced by proprietary analytics. And we’re placing a lot of emphasis on position sizing and agility to ensure that we’re able to respond to market changes quickly. Our goal, as always, is to capture the best relative value opportunities across geographies and optimize outcomes for our clients.”

“Active income ETFs play a significant role in today’s volatile market environment by offering investors the opportunity to seek consistent returns while managing risk effectively,” added Steve Deroian, global head of Exchange Traded Products and Models, Manulife John Hancock Investments. “Manulife John Hancock Investment’s active income ETFs are designed to adapt to changing market conditions, leveraging each team’s expertise to identify and capitalize on opportunities as they arise. By maintaining a flexible and responsive approach, we aim to provide our investors with the income and stability they need to navigate market fluctuations with confidence.”