JHPI ISSUER
The John Hancock Group of Funds, specifically the John Hancock Preferred Income ETF (JHPI), operates as an actively managed exchange-traded fund (ETF) that diverges from traditional index fund strategies. This fund focuses on preferred stocks and other preferred securities, constituting at least 80% of its net assets. The portfolio encompasses various preferred securities such as convertible preferred securities, corporate hybrid securities, and Trust Preferred Securities. The manager employs a strategy emphasizing sector and industry allocation, along with security selection, aiming to identify undervalued assets relative to their counterparts. While the fund primarily invests in U.S. issuers, it may allocate up to 20% of its assets to securities from non-U.S. corporate and governmental issuers denominated in U.S. dollars. Additionally, the fund has the flexibility to invest up to 50% in below investment grade securities, utilizing derivatives for risk management and enhanced returns. Notably, the fund concentrates its investments in the utilities, communication, and financial sectors, demonstrating a strategic sectoral focus. Given its dynamic approach, the JHPI stands out as an actively managed ETF with a nuanced investment strategy and a diversified portfolio that includes various preferred securities.
JHPI DIVIDEND
The John Hancock Preferred Income ETF (JHPI) provides investors with a potential source of income through its dividend distributions. As an actively managed exchange-traded fund, JHPI primarily invests in preferred stocks and other preferred securities, which typically pay fixed or adjustable-rate distributions. Preferred securities held by the fund generally have a preference over common stock in the payment of distributions, enhancing the income potential for investors. The fund's strategy of sector and industry allocation, coupled with security selection, aims to capitalize on undervalued securities in the marketplace, potentially contributing to a steady stream of dividends for investors. Additionally, the fund may invest in common and preferred securities issued by real estate investment trusts (REITs), further diversifying its income-generating holdings. Investors seeking a blend of preferred securities and the potential for regular income may find JHPI's dividend profile appealing as part of their investment strategy.
JHPI TRACKING
The John Hancock Preferred Income ETF (JHPI) distinguishes itself from traditional index funds through its actively managed approach, diverging from the typical tracking methodology. Unlike index funds that seek to replicate the performance of a specific index, JHPI is actively managed, allowing the fund's manager to make dynamic investment decisions. The fund focuses on preferred stocks and other preferred securities, comprising at least 80% of its net assets, and employs a strategy emphasizing sector and industry allocation, as well as security selection. This deviation from passive tracking enables JHPI to adapt to market conditions and capitalize on potential opportunities, providing investors with an actively curated portfolio rather than mirroring the performance of a predetermined index. The flexibility inherent in JHPI's tracking approach allows for a more nuanced and responsive investment strategy, catering to those seeking an actively managed investment vehicle within the preferred securities space.
JHPI CORRELATION
The John Hancock Preferred Income ETF (JHPI) exhibits a unique correlation profile, differentiating itself from conventional passive investment vehicles. As an actively managed exchange-traded fund, JHPI may not necessarily mirror the movements of broader market indices or exhibit a high correlation with benchmark performance. The fund's manager employs a strategy focused on sector allocation, industry allocation, and security selection, which can lead to varying correlations with traditional market benchmarks. This active management approach allows JHPI to potentially perform independently of broader market trends, providing investors with the opportunity for diversification and risk mitigation. By deviating from a strict index-tracking model, JHPI's correlation dynamics reflect its actively curated portfolio, offering investors the potential for unique risk-return characteristics in the realm of preferred securities.
JHPI SECTOR
The John Hancock Preferred Income ETF (JHPI) strategically positions itself within specific sectors, emphasizing a targeted approach to portfolio construction. The fund concentrates its investments in industries related to utilities, communication, and financials. This sector-specific focus is part of the fund's active management strategy, which involves careful sector and industry allocation, as well as security selection. By honing in on these sectors, JHPI aims to capitalize on potential opportunities and identify undervalued securities within these specific industries. This deliberate sectoral emphasis not only provides the fund with a distinct investment focus but also allows investors seeking exposure to preferred securities to benefit from the potential performance of specific sectors, contributing to a well-balanced and diversified investment strategy.
JHPI EXPOSURE
JHPI, or Joint Humanitarian Protection and Innovation, is an initiative that stands at the forefront of leveraging technology and collaborative efforts to address humanitarian challenges. With a focus on enhancing the exposure of vulnerable populations to essential resources and protection mechanisms, JHPI pioneers innovative solutions that blend cutting-edge technology with humanitarian principles. By fostering partnerships between tech innovators, humanitarian organizations, and local communities, JHPI strives to create a comprehensive and sustainable framework for ensuring the well-being and safety of those in need. Through strategic initiatives, research, and the deployment of advanced tools, JHPI aims to increase the visibility and accessibility of humanitarian aid, ultimately contributing to a more resilient and inclusive global community.
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