Manulife John Hancock Launches JHLN, a Senior Loan ETF Subadvised by Manulife CQS IM

Manulife John Hancock Investments has launched the John Hancock Global Senior Loan ETF, subadvised by Manulife | CQS Investment Management. The ETF aims to provide high current income through a diversified portfolio of Senior Loans, including originated first and second lien loans, delayed draw term loans, and revolving credit facilities. The launch brings Manulife John Hancock Investments' ETF suite to 18 funds with over $7.5 billion in assets under management.

Manulife John Hancock Investments has expanded its ETF suite with the launch of the John Hancock Global Senior Loan ETF (NYSE Arca: JHLN). This new ETF is subadvised by Manulife | CQS Investment Management, a multi-sector alternative credit manager with a 20+ year history. The ETF aims to provide investors with high current income through a diversified portfolio of Senior Loans, including originated first and second lien loans, delayed draw term loans, and revolving credit facilities.

The launch brings the total number of ETFs in Manulife John Hancock Investments' suite to 18 funds, with over $7.5 billion in assets under management [1]. The John Hancock Global Senior Loan ETF seeks to achieve its income objectives by investing at least 80% of its assets (plus any borrowings for investment purposes) in a diversified portfolio of Senior Loans. This strategy is designed to offer investors a high level of current income while providing global credit exposure.

James Fitzpatrick, Portfolio Manager and Chief Investment Officer, North America, and Head of Global Loans at Manulife | CQS Investment Management, will manage the day-to-day portfolio of the ETF. Mr. Fitzpatrick is also a co-portfolio manager of the John Hancock CQS Multi Asset Credit Fund. The launch of this ETF complements the existing active fixed-income ETF lineup, offering a compelling option for investors seeking income generation, duration management, and enhanced total return potential.

Kristie Feinberg, President and CEO of Manulife John Hancock Investments, stated, "We're thrilled to introduce a new capability that draws on the deep expertise of Manulife | CQS Investment Management in global credit markets. This ETF is designed to help investors pursue income and diversify their portfolios more effectively."

Soraya Chabarek, President and CEO of Manulife | CQS Investment Management, added, "Our investment approach is fundamentally driven and enhanced by proprietary analytics. We're placing a lot of emphasis on position sizing and agility to ensure that we're able to respond to market changes quickly."

Steve Deroian, Global Head of Exchange Traded Products and Models at Manulife John Hancock Investments, highlighted the role of active income ETFs in today's volatile market environment. He noted that these ETFs offer investors the opportunity to seek consistent returns while managing risk effectively.

Investors should be aware of the risks associated with fixed-income investments, including interest-rate and credit risk. The fund may invest in collateralized loan obligations (CLOs), which carry additional risks such as potential significant losses from defaults. Foreign investing also includes risks such as currency and market volatility and political and social instability. Please see the fund's prospectus for additional risks [1].

The John Hancock Global Senior Loan ETF is distributed by Foreside Fund Services, LLC in the United States, and is subadvised by Boston Partners, Dimensional Fund Advisors LP, Marathon Asset Management, or our affiliates Manulife Investment Management (US) LLC, and CQS (US), LLC. Foreside is not affiliated with John Hancock Investment Management Distributors LLC, Manulife Investment Management (US) LLC, CQS (US), LLC, Boston Partners, Dimensional Fund Advisors LP, or Marathon Asset Management.

References:

[1] https://www.prnewswire.com/news-releases/manulife-john-hancock-investments-launches-global-senior-loan-etf-for-potential-income-and-global-credit-exposure-302534568.html