Rhea-AI Summary
John Hancock Investment Management, a Manulife Wealth and Asset Management company (MFC), has launched two new actively managed ETFs: John Hancock Core Bond ETF (JHCR) and John Hancock Core Plus Bond ETF (JHCP). Both ETFs are subadvised by Manulife Investment Management and managed by the U.S. Core and Core-Plus Fixed Income team with nearly 50 years of combined experience.
JHCR aims for high current income with capital preservation, while JHCP seeks high current income with prudent investment risk. The company's ETF suite now totals 16 funds with over $7.3 billion in assets under management, covering various investment strategies including preferred income, mortgage-backed securities, bonds, and equity portfolios.
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What is the current stock price of John Hancock Core Bond ETF (JHCR)?
John Hancock Core Bond ETF (JHCR) last closed at $24.59.