JHHY
John Hancock High Yield ETF
📎 Investment Objective
The John Hancock High Yield ETF seeks to provide a high level of current income.
Overview
ETF tracking John Hancock High Yield ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The John Hancock High Yield ETF seeks to provide a high level of current income.
🎯 Investment Strategy
The ETF invests primarily in a diversified portfolio of high-yield, below-investment-grade fixed income securities, also known as 'junk bonds'. The fund aims to generate income by investing in bonds issued by corporations that typically offer higher yields compared to higher-quality bonds.
✨ Key Features
- Focuses on high-yield, below-investment-grade corporate bonds
- Seeks to provide a high level of current income
- Diversified portfolio of high-yield fixed income securities
- Actively managed by an experienced investment team
⚠️ Primary Risks
- High-yield bonds carry a greater risk of default and price volatility than investment-grade bonds
- Exposure to interest rate risk as bond prices decline when rates rise
- Credit risk as the fund is subject to the creditworthiness of the underlying issuers
- Liquidity risk as high-yield bonds may be less liquid than higher-quality bonds
👤 Best For
The John Hancock High Yield ETF may be suitable for investors seeking higher levels of current income, who have a higher risk tolerance, and are willing to accept the increased volatility and credit risk associated with high-yield bonds. This ETF is generally not recommended for conservative or risk-averse investors.
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