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fund files May 03, 2024
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By William Johnson, Eva Thomas
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John Hanco*ck Investment Management, a subsidiary of Manulife, has launched the John Hanco*ck High Yield ETF (JHHY), the firm announced Thursday.
JHHY, which has a 0.52% fee, is subadvised by Marathon Asset Management, with Marathon’s Louis Hanover and Michael Schlembach serving as PMs.
JHHY is primarily focused on generating income, with a secondary goal of capital appreciation. 80% of the fund will usually be invested in US-denominated high-yield corporate debt.
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