John Hancock Multifactor Media and Communications ETF (JHCS) is an exchange-traded fund that seeks to track the performance, before fees and expenses, of the John Hancock Dimensional Media and Communications Index, comprising securities within the U.S. media and communications sector that exhibit favorable exposure to multiple investment factors including profitability, valuation, momentum, and quality; it employs a full replication technique to invest in larger market capitalization companies in this sector, focusing on U.S. telecom, media, and communications equities. The ETF offers investors targeted exposure to the media and communications industry segment through a multifactor-weighted portfolio, with semi-annual distributions, full holdings transparency, and a low expense ratio; top holdings typically represent diversified positions across communication services and related subsectors. JHCS operates primarily in the U.S. equity market, targeting institutional and retail investors seeking sector-specific growth and income opportunities.
Launched on March 12, 2019, the ETF is part of the John Hancock Exchange-Traded Fund Trust, sponsored and managed by John Hancock Investment Management LLC, a division of Manulife Investment Management, with headquarters at 200 Berkeley Street, Boston, Massachusetts. In late 2024, John Hancock Investment Management announced plans to close and liquidate 10 sector-specific Multifactor ETFs, including JHCS, as part of a strategic review to streamline its product lineup and focus on higher-conviction offerings amid evolving market dynamics. No specific liquidation date for JHCS was detailed in recent disclosures, but this restructuring reflects broader operational changes within the sponsor's ETF suite, which continues to expand in other areas such as active fixed-income and equity strategies through partnerships with subadvisors like Dimensional Fund Advisors, Boston Partners, and Marathon Asset Management. The ETF remains listed on the NYSE Arca exchange with ongoing trading activity as of the latest available data.