Bringing you live news and features since 2006 

John Hancock launches international growth equity fund


John Hancock Funds has completed the adoption of the Turner International Growth Fund and has launched it as the newly established John Hancock International Growth Equity Fund.

The reorganisation became effective after the close of business on 11 January 2013, and the John Hancock International Growth Equity Fund is now available for sale to retail investors through their financial advisors.

"The addition of our International Growth Equity Fund expands the range of international equity fund offerings we can offer advisors and their clients," says Andrew G Arnott (pictured), president and chief executive, John Hancock Funds. "With its growth orientation, it is a further complement to our product line, which also includes our International Value Equity Fund (JIEAX), sub-advised by John Hancock Asset Management, and our International Core Fund (GIDEX), sub-advised by GMO. Turner pursues a bottom-up strategy that blends quantitative and qualitative analysis to find growth companies with superior earnings prospects, reasonable valuations, and favourable trading-volume and price patterns. Adopting this new fund further supports our strategy of offering mutual fund investors access to institutional expertise and products that would not otherwise be available to them.”

The John Hancock International Growth Equity Fund marks the firm’s 13th fund adoption since 2002.

The fund is an actively managed portfolio of approximately 60 to 80 international growth equity stocks with capitalisations generally greater than USD2bn. The fund’s investment objective is long-term capital appreciation. The fund is designed to add value through superior stock selection, based on the output of extensive, industry-focused fundamental research. The goal of the investment process is to identify candidates for investment that are growth companies with above-average earnings prospects.

Mark Turner, president and co-founder of Turner Investments and senior portfolio manager/security analyst for the firm, is the portfolio manager. He has managed the fund since inception in January of 2007 and has more than 30 years of investment experience. Turner co-founded Turner Investments in 1990.

Latest News

Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by