John Hancock Multifactor Financials ETF
JHMF
New York Stock Exchange Arca- -
USD
- -
- -
Capital Structure
FRC
•
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
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 200 Berkeley Street Boston MA United States of America 2116
- IPO Date
- Sep 28, 2015
- CIK
- 0001478482
- Similar Companies
- Business
- John Hancock Multifactor Financials ETF (JHMF) is an exchange-traded fund that seeks to provide investment results corresponding to the performance of the John Hancock Dimensional Financials Index, focusing on U.S. financial sector equities selected and weighted based on multiple factors including small size, low relative price, high profitability, and high investment. The fund invests primarily in public equity securities of companies operating in financials sectors such as banks, insurance providers, capital markets firms, and other financial services; it emphasizes large- and mid-cap U.S. stocks with approximately 145 holdings, 82% in large-cap names and 18% in mid-cap, predominantly domiciled in the United States. Launched in 2015 by John Hancock Investment Management, a division of Manulife Investment Management headquartered in Boston, Massachusetts, JHMF targets investors seeking factor-based exposure to the broad U.S. financials sector. In September 2022, John Hancock Investment Management announced the closure and liquidation of JHMF along with nine other sector multifactor ETFs, citing shifts in investor usage of sector products and market dynamics; the fund ceased accepting creation orders after October 17, 2022, stopped trading on NYSE Arca on October 24, 2022, and completed liquidation by October 26, 2022. This strategic shift represented approximately 5% of John Hancock's overall ETF assets at the time and allowed the firm to refocus on core multifactor equity suites subadvised by Dimensional Fund Advisors LP and newer income-oriented ETFs. Post-liquidation, JHMF is no longer active or trading, with proceeds distributed pro rata to remaining shareholders.