JHMM
John Hancock Multifactor Mid Cap ETF
📎 Investment Objective
The John Hancock Multifactor Mid Cap ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index.
Overview
ETF tracking John Hancock Multifactor Mid Cap ETF
Performance
Price Chart
Investment Summary
📎 Investment Objective
The John Hancock Multifactor Mid Cap ETF seeks to provide investment results that closely correspond, before fees and expenses, to the performance of the John Hancock Dimensional Mid Cap Index.
🎯 Investment Strategy
The ETF employs a multifactor investment approach, seeking to provide exposure to mid-cap companies that exhibit certain 'factors' or characteristics that have historically been associated with higher returns, such as smaller market capitalization, lower relative price (value), and higher profitability.
✨ Key Features
- Seeks to track the performance of the John Hancock Dimensional Mid Cap Index, a rules-based index that targets mid-cap companies based on multiple factors
- Utilizes a multifactor approach to investing, which aims to provide exposure to stocks with characteristics like smaller size, lower relative price, and higher profitability
- Diversified portfolio of mid-cap stocks, providing exposure to the mid-cap segment of the U.S. equity market
- Relatively low expense ratio compared to actively managed mid-cap funds
⚠️ Primary Risks
- Market risk: The value of the ETF's holdings may decline due to general market conditions or other factors
- Mid-cap risk: Investments in mid-cap companies may be subject to more abrupt or erratic market movements than those of larger, more established companies
- Factor investing risk: The factors used in the investment strategy may not work as intended and may not provide the desired returns
- Tracking error risk: The ETF may not perfectly track the performance of its underlying index
👤 Best For
The John Hancock Multifactor Mid Cap ETF may be suitable for investors seeking exposure to the mid-cap segment of the U.S. equity market through a diversified, factor-based approach. It may be particularly appealing to investors with a long-term investment horizon who are comfortable with the risks associated with mid-cap stocks and factor-based investing.