Five of John Hancock Investment’s sector-based exchange-traded funds have been added by Charles Schwab to the Schwab ETF OneSource programme.
All 11 John Hancock Multifactor ETFs are now available commission free on the platform, under certain conditions.
"We're pleased that with the addition of our five new sector ETFs, launched in March of this year, our full suite of multifactor sector ETFs is now available on the Schwab ETF OneSource programme. These ETFs, along with our large-and mid-cap ETFs, all managed by Dimensional Fund Advisors, are now available to advisers and individual investors commission free at Schwab," says Todd J Cassler, president of institutional distribution at John Hancock Investments. "As we continue building this relationship for the benefit of our clients, we look forward to bringing our unique manager-of-managers model to an expanded range of investors."
"We are thrilled that John Hancock Investments has decided to broaden the line-up of multifactor sector ETFs available through Schwab ETF OneSource, giving Schwab clients even more choice within our commission-free ETF offering," says Heather Fischer, vice president of ETF platform management at Schwab.