Manulife John Hancock Investments launches Global Senior Loan ETF for potential income and global credit exposure
Manulife John Hancock Investments has launched the John Hancock Global Senior Loan ETF (NYSE Arca: JHLN), expanding their ETF suite to 18 funds with over $7.5 billion in assets under management. The new ETF, subadvised by Manulife | CQS Investment Management, aims to provide high current income by investing at least 80% of its assets in Senior Loans.
The fund will be managed by James Fitzpatrick, Portfolio Manager and CIO of North America at Manulife | CQS IM. The ETF focuses on first and second lien loans, delayed draw term loans, revolving credit facilities, and club deals, offering investors income generation, duration management, and enhanced total return potential while complementing their existing active fixed-income ETF lineup.
Manulife John Hancock Investments ha lanciato il John Hancock Global Senior Loan ETF (NYSE Arca: JHLN), portando a 18 il numero dei suoi ETF e gestendo oltre $7,5 miliardi di asset. Il nuovo ETF, sub-consultato da Manulife | CQS Investment Management, mira a offrire un elevato reddito corrente investendo almeno l'80% del patrimonio in prestiti senior.
Il fondo sarà gestito da James Fitzpatrick, Portfolio Manager e CIO per il Nord America presso Manulife | CQS IM. L'ETF si concentra su prestiti di primo e secondo grado, delayed draw term loans, linee di credito revolving e club deals, proponendosi di generare reddito, gestire la duration e migliorare il potenziale di rendimento totale, integrando l'attuale offerta attiva di ETF a reddito fisso.
Manulife John Hancock Investments ha lanzado el John Hancock Global Senior Loan ETF (NYSE Arca: JHLN), ampliando su familia de ETF a 18 fondos y gestionando más de $7.5 mil millones en activos. El nuevo ETF, subasesorado por Manulife | CQS Investment Management, busca ofrecer altos ingresos actuales invirtiendo al menos el 80% de sus activos en préstamos senior.
El fondo será gestionado por James Fitzpatrick, gestor de cartera y CIO de Norteamérica en Manulife | CQS IM. El ETF se centra en préstamos de primer y segundo gravamen, delayed draw term loans, líneas de crédito revolventes y club deals, ofreciendo generación de ingresos, gestión de duración y un mayor potencial de rendimiento total, complementando su línea activa de ETF de renta fija.
Manulife John Hancock Investments가 John Hancock Global Senior Loan ETF (NYSE Arca: JHLN)를 출시하며 ETF 라인업을 18개로 확대하고 운용자산이 75억 달러 이상에 달합니다. 이번 신규 ETF는 Manulife | CQS Investment Management가 서브어드바이저로 참여하며, 운용자산의 최소 80%를 시니어 론에 투자해 높은 현재 수익을 제공하는 것을 목표로 합니다.
펀드는 Manulife | CQS IM의 북미 지역 포트폴리오 매니저 겸 CIO인 James Fitzpatrick가 운용합니다. 해당 ETF는 퍼스트·세컨드 렌크 론, 지연 인출 조건의 만기 대출(delayed draw term loans), 리볼빙 신용시설, 클럽 딜 등에 중점을 두어 수익 창출, 듀레이션 관리 및 총수익 향상 잠재력을 제공하며 기존의 액티브 채권형 ETF 라인업을 보완합니다.
Manulife John Hancock Investments a lancé le John Hancock Global Senior Loan ETF (NYSE Arca: JHLN), portant sa gamme d'ETF à 18 fonds et gérant plus de 7,5 milliards de dollars d'actifs. Le nouvel ETF, sous-conseillé par Manulife | CQS Investment Management, vise à fournir un revenu courant élevé en investissant au moins 80 % de ses actifs en prêts senior.
Le fonds sera géré par James Fitzpatrick, gestionnaire de portefeuille et CIO pour l'Amérique du Nord chez Manulife | CQS IM. L'ETF se concentre sur les prêts de premier et second rang, les delayed draw term loans, les facilités de crédit renouvelables et les club deals, offrant génération de revenu, gestion de la duration et potentiel accru de rendement total, en complément de leur gamme active d'ETF à revenu fixe.
Manulife John Hancock Investments hat den John Hancock Global Senior Loan ETF (NYSE Arca: JHLN) aufgelegt und damit sein ETF-Angebot auf 18 Fonds erweitert; das verwaltete Vermögen beträgt über 7,5 Mrd. $. Das neue ETF, das von Manulife | CQS Investment Management als Subadvisor betreut wird, zielt darauf ab, hohe laufende Erträge zu erzielen, indem mindestens 80 % des Vermögens in Senior Loans investiert werden.
Verwalter des Fonds ist James Fitzpatrick, Portfoliomanager und CIO Nordamerika bei Manulife | CQS IM. Der ETF legt den Fokus auf First- und Second-Lien-Loans, delayed draw term loans, revolvierende Kreditfazilitäten und Club-Deals und bietet Anlegern Einkommensgenerierung, Duration-Management sowie ein erhöhtes Potential für die Gesamtrendite und ergänzt damit das bestehende aktive Fixed-Income-ETF-Angebot.
- Expands ETF suite to 18 funds with over $7.5B in AUM
- Provides diversification through global senior loan exposure
- Offers active management in volatile credit markets
- Leverages established expertise of Manulife CQS IM in global credit
- Subject to interest-rate and credit risk
- Exposure to CLO risks and potential significant losses from defaults
- Foreign investing risks including currency and market volatility
- Limited liquidity risk in underlying senior loan investments
Insights
New Manulife/John Hancock senior loan ETF offers global credit exposure with potential income benefits amid expanding $7.5B ETF lineup.
Manulife John Hancock Investments has expanded its ETF lineup with the John Hancock Global Senior Loan ETF (JHLN), bringing their total ETF suite to 18 funds managing over
The fund's strategic value proposition is threefold: income generation in a yield-challenged environment, duration management through floating-rate securities that typically have less interest rate sensitivity, and portfolio diversification across global credit markets. James Fitzpatrick, who serves as Portfolio Manager, CIO for North America, and Head of Global Loans at Manulife | CQS IM, will lead the day-to-day management.
This launch represents a meaningful expansion of Manulife's active fixed-income ETF capabilities, leveraging CQS Investment Management's expertise in global credit markets. Their approach emphasizes fundamental analysis enhanced by proprietary analytics with particular attention to position sizing and agility - critical factors in the often less liquid senior loan market.
The timing is notable as investors increasingly seek income solutions amid market volatility. Senior loans typically offer higher yields than traditional fixed income with some downside protection through their senior secured status in capital structures. However, investors should be mindful of the stated risks including interest-rate fluctuations, credit risk, exposure to collateralized loan obligations (CLOs), and potential liquidity challenges in this specialized market segment.
The new ETF seeks to provide a high level of current income through the investment of at least
"We're thrilled to introduce a new capability that draws on the deep expertise of Manulife | CQS Investment Management in global credit markets," said Kristie Feinberg, President and CEO of Manulife John Hancock Investments. "This ETF is designed to help investors pursue income and diversify their portfolios more effectively. It complements our existing active fixed-income ETF lineup and offers a compelling option for those seeking income generation, duration management, and enhanced total return potential."
"We are incredibly excited to bring this new ETF to investors, as it showcases the strength of the loan team's rigorous investment process that has been honed over nearly two decades," said Soraya Chabarek, President and CEO of Manulife | CQS IM. "Our investment approach is fundamentally driven and enhanced by proprietary analytics. And we're placing a lot of emphasis on position sizing and agility to ensure that we're able to respond to market changes quickly. Our goal, as always, is to capture the best relative value opportunities across geographies and optimize outcomes for our clients."
"Active income ETFs play a significant role in today's volatile market environment by offering investors the opportunity to seek consistent returns while managing risk effectively," added Steve Deroian, Global Head of Exchange Traded Products and Models, Manulife John Hancock Investments. "Manulife John Hancock Investment's active income ETFs are designed to adapt to changing market conditions, leveraging each team's expertise to identify and capitalize on opportunities as they arise. By maintaining a flexible and responsive approach, we aim to provide our investors with the income and stability they need to navigate market fluctuations with confidence."
1 As of July 31, 2025.
Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if an issuer is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities include a higher risk of default. The fund may invest in collateralized loan obligations (CLOs), which are asset-backed securities backed by a pool of loans, and while they carry standard loan-related risks, they also face additional risks like potential significant losses from defaults that first impact subordinate holders, with their market value fluctuating based on the financial health of the obligors and broader economic conditions. Foreign investing has additional risks, such as currency and market volatility and political and social instability. Currency transactions are affected by fluctuations in exchange rates. Liquidity—the extent to which a security may be sold or a derivative position closed without negatively affecting its market value, if at all—may be impaired by reduced trading volume, heightened volatility, rising interest rates, and other market conditions. The use of hedging and derivatives could produce disproportionate gains or losses and may increase costs. Fund distributions generally depend on income from underlying investments and may vary or cease altogether in the future. Shares may trade at a premium or discount to their NAV in the secondary market. These variations may be greater when markets are volatile or subject to unusual conditions. There can be no assurance that active trading markets for the shares will develop or be maintained by market makers or authorized participants. Please see the fund's prospectus for additional risks.
A fund's investment objectives, risks, charges, and expenses should be considered carefully before investing. The prospectus and summary prospectus contains this and other important information about the fund. To obtain a prospectus or summary prospectus, contact your financial professional, call us at 800-225-6020, or visit our website at jhinvestments.com/etf. Please read the prospectus and summary prospectus carefully before investing.
This press release is not an offer to sell these securities and is not soliciting an offer to buy these securities in any state where the offer or sale is not permitted.
John Hancock ETFs are distributed by Foreside Fund Services, LLC in
Shares of the ETF are not redeemable with the ETF other than in creation unit aggregations. Instead, investors must buy or sell the ETF shares in the secondary market at market price (not NAV) through a broker-dealer. In doing so, the investor may incur brokerage commissions and may pay more than net asset value when buying and may receive less than net asset value when selling.
Statements in this press release that are not historical facts are forward-looking statements as defined by
It is important to note that there are material differences between investing in an ETF versus an interval fund. ETFs trade on the major stock exchanges at any time during the day. Prices fluctuate throughout the day like stocks. ETFs generally have lower operating expenses, no investment minimums, are tax efficient, have no sales loads, and have brokerage commissions. Interval funds, in order to provide liquidity to shareholders, subject to applicable law, will conduct quarterly repurchase offers of the interval fund's outstanding common shares of beneficial interest at NAV. Interval funds are not listed on any securities exchange, and there is no secondary market for an interval fund's shares and none is expected to develop. Investors should consider shares of an interval fund to be an illiquid investment.
John Hanock CQS Multi Asset Credit Fund
The Fund is an "interval fund" and, in order to provide liquidity to shareholders, subject to applicable law, will conduct quarterly repurchase offers of the Fund's outstanding common shares of beneficial interest ("Common Shares") at NAV. There is no secondary market for the fund's shares and none is expected to develop. Investors should consider shares of the fund to be an illiquid investment. The fund's use of leverage may not be successful and may create additional risks, including the risk of magnified return volatility and the potential for unlimited loss. ABS include interests in pools of debt securities, commercial or consumer loans, or other receivables. The value of these securities depends on many factors, including changes in interest rates, the availability of information concerning the pool and its structure, the credit quality of the underlying assets, the market's perception of the servicer of the pool, and any credit enhancement provided. In addition, ABS have prepayment risk. Investors could lose all or substantially all of their investment. Convertible securities are subject to certain risks of both equity and debt securities. Fund distributions generally depend on income from underlying investments and may vary or cease altogether in the future. Investing in distressed debt securities is highly speculative and risky, as they often do not generate interest, may not repay principal, and can result in a total loss of the investment. Exposure to credit risk due to the types of investments and loans made by the fund. Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if an issuer is unable or unwilling to make principal or interest payments. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Please see the fund's prospectus for additional risks.
Please contact your financial professional if you are interested in purchasing shares of a closed-end fund. For current fund information, visit jhinvestments.com or call 800-843-0090. The fund's literature includes investment objectives, risks, fees, expenses, and other information that you should read and consider carefully before investing. For account information, call 800-852-0218.
NOT FDIC INSURED. MAY LOSE VALUE. NO BANK GUARANTEE. NOT INSURED BY ANY GOVERNMENT AGENCY.
John Hancock Investment Management Distributors LLC, Member FINRA, SIPC
200 Berkeley Street,
About Manulife | CQS Investment Management
Manulife | CQS Investment Management, a company of Manulife Investment Management, is a multi-sector alternative credit manager. The firm has a 20+ year history of managing research-driven credit strategies over multiple market cycles, with core capabilities that span corporate credit (loans and bonds), asset-backed securities, regulatory capital, collateralized loan obligations and convertible bonds. Our ambition is to continue to help investors achieve their goals across market cycles by selecting good quality credits and generating income. We are committed to building enduring partnerships with investors, generating long-term risk-adjusted returns and delivering high levels of service, tailoring mandates across a range of return objectives and risk appetites. For additional information, please visit cqs.com.
About Manulife John Hancock Investments
At Manulife John Hancock Investments, we serve investors through a specialized multimanager approach, complementing our extensive in-house investment capabilities with a broad network of unaffiliated asset managers, backed by some of the most rigorous oversight in the industry. As a result, we're able to offer a variety of options in each investment category, an approach that we believe truly serves the best interests of our clients. Our powerful combination of global expertise, strategic partnerships, and robust stewardship is designed to help investors pursue better portfolio outcomes.
About Manulife Wealth & Asset Management
As part of Manulife Financial Corporation, Manulife Wealth & Asset Management provides global investment, financial advice, and retirement plan services to 19 million individuals, institutions, and retirement plan members worldwide. Our mission is to make decisions easier and lives better by empowering people today to invest for a better tomorrow. As a committed partner to our clients and as a responsible steward of investor capital, we offer a heritage of risk management, deep expertise across public and private markets, and comprehensive retirement plan services. We seek to provide better investment and impact outcomes and to help people confidently save and invest for a more secure financial future. Not all offerings are available in all jurisdictions. For additional information, please visit manulifeim.com.
Media contact
Elizabeth Bartlett
Elizabeth_Bartlett@JHancock.com
MF4749238 JHS-789641-2025-08-14 8/25
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