John Hancock Variable Insurance Trust - 500 Index Trust
JFIVX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Berkeley Street Boston MA United States of America 02116
- IPO Date
- Nov 2, 2012
- CIK
- 0000756913
- Website
- jhinvestments.com
- Similar Companies
- Business
- John Hancock Variable Insurance Trust - 500 Index Trust (JFIVX) is an open-end mutual fund that seeks to replicate the total return performance of the S&P 500 Total Return Index by investing primarily in a portfolio of large-cap U.S. equity securities; it offers passively managed exposure to approximately 500 leading U.S. companies across diverse sectors including technology, financial services, consumer cyclical, communication services, and healthcare, with top holdings such as Apple Inc., Microsoft Corp., NVIDIA Corp., and Amazon.com Inc. The fund provides share classes including Series I (JFIVX), operates with a low expense ratio of 0.30%, minimal turnover, and an annual dividend yield around 2.01%, positioning it as a core, low-cost option for diversification within variable annuity and variable life insurance separate accounts offered by insurance companies. Headquartered at 200 Berkeley Street in Boston, Massachusetts, the Trust functions as part of John Hancock's broader investment management operations under Manulife Financial Corporation, with shares available exclusively through insurance company separate accounts rather than directly to the public; while the broader John Hancock entity traces origins to 1862, the 500 Index Trust series launched in November 2012. In recent developments, effective December 31, 2024, Jenny Kim, CFA, was added as a portfolio manager to the 500 Index Trust alongside continuing managers Ashikhusein Shahpurwala, CFA, and Boncana Maiga, CFA, CIM, who share joint primary responsibility for day-to-day portfolio management; additionally, Ashikhusein Shahpurwala is scheduled to step down as portfolio manager effective June 30, 2025, leaving Kim and Maiga to continue oversight. These changes reflect ongoing enhancements to the fund's multi-manager approach under subadvisor Manulife Investment Management (North America) Limited, amid a stable index-tracking strategy with assets under management of approximately $3.70 million and a focus on broad U.S. large-blend market participation for long-term growth in retirement and insurance-linked products. The fund maintains operations domiciled in the United States, targeting insurance-affiliated investors seeking S&P 500 benchmark exposure without active sector tilts or significant non-U.S. allocations (under 1%).