The actively managed exchange-traded fund (ETF) invests primarily in large-cap US companies and expands the firm's ETF range to 20 funds.
Manulife John Hancock Investments has launched the John Hancock Large Cap Opportunities exchange traded fund (ETF) (NYSE Arca: JLCO), adding an actively managed US equity strategy to ETF platform. The launch brings Manulife John Hancock Investments' ETF platform to 20 ETFs The ETF seeks long-term capital appreciation by investing primarily in a high-conviction portfolio of large-cap US companies. It is managed by Manulife Investment Management portfolio managers Michael J. Scanlon Jr.