(JHMM) John Hancock Multifactor - Ratings and Ratios

The John Hancock Multifactor Mid Cap ETF (NYSE ARCA: JHMM) is designed to provide exposure to mid-sized U.S. companies, leveraging a multifactor investment approach. The fund typically allocates at least 80% of its net assets to securities that make up its underlying index. This index is constructed to include companies with market capitalizations falling between the 200th and 951st largest in the U.S., ensuring a targeted focus on mid-cap equities. The funds strategy emphasizes a rules-based, passive approach, aiming to capture the performance of its benchmark while incorporating multiple factors such as size, value, momentum, and profitability to enhance potential returns.

As part of its investment methodology, the fund employs a systematic approach to select and weight securities within its portfolio. This process is designed to balance exposure across various factors, reducing reliance on any single factor and aiming to deliver more consistent performance across different market conditions. The funds index is reconstituted periodically to ensure it remains aligned with its target market capitalization range and factor exposure. This periodic reconstitution also helps maintain the portfolios diversification and prevents excessive concentration in any single sector or issuer.

With an AUM of $4.28 billion, JHMM is a sizable ETF in the mid-cap blend category. The fund is domiciled in the United States and is listed on the NYSE ARCA exchange, making it accessible to a broad range of investors. While the fund does not explicitly target specific valuation metrics like P/E or P/B, its multifactor approach inherently incorporates elements of value and quality, which can appeal to investors seeking a balance between growth and stability. The funds structure and strategy make it a potential candidate for investors looking to diversify their portfolios with mid-cap exposure while benefiting from the risk management inherent in a multifactor approach.

For more information, visit http://jhinvestments.com.