Manulife John Hancock Investments has expanded its actively managed ETF suite with the launch of the John Hancock Large Cap Opportunities ETF (NYSE:JLCO), adding another U.S. equity strategy to its growing ETF platform. The debut comes as investor demand for active ETFs continues to accelerate, with issuers increasingly rolling out strategies that combine active stock selection with the tax efficiency and flexibility of the ETF wrapper.
The new fund is managed by Manulife Investment Management and seeks long-term capital appreciation by investing primarily in a concentrated portfolio of large-cap U.S. companies.
Manulife John Hancock Investments said the launch expands its ETF platform to 20 funds managing more than $15 billion in assets, reinforcing its push into active ETFs as advisors increasingly seek differentiated equity strategies. Company executives said JLCO is designed to offer a high-conviction portfolio supported by disciplined risk management and a repeatable investment process, while retaining the transparency and trading flexibility that have fueled the rapid growth of active ETFs.
Key features of John Hancock Large Cap Opportunities ETF (JLCO):
1.Investment objective: Long-term capital appreciation.
2. Net expense ratio: 0.39%
3. Top Holdings: Alphabet, Inc. (NASDAQ:GOOGL), Microsoft Corp. (NASDAQ:MSFT), Amazon.com, Inc. (NASDAQ:AMZN)
4. Portfolio focus: High-conviction portfolio invested primarily in large-cap U.S. companies.
5. Management team: Michael J. Scanlon Jr., CFA, and Leigh Pressman, CFA of Manulife Investment Management.
6. Investment approach: Active, repeatable process emphasizing the team’s highest-conviction ideas and disciplined risk oversight.
7. Portfolio flexibility: Can invest across investment styles, market capitalizations, and select global opportunities.
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