As rates of interest emerge from the depths, bond buyers are confronted with a troublesome problem. How can advisors steadiness engaging yield technology in opposition to potential credit score and rate of interest threat?
Within the upcoming webcast, They’re Again: The (Renewed) Case for Company Bonds, Howard Greene, Senior Managing Director and Senior Portfolio Supervisor, Manulife Funding Administration; and Will Creedon, Director of ETF Capital Markets, John Hancock Investments, will spotlight new mounted revenue methods which can be better-suited to quickly altering market situations.
John Hancock Funding Administration LLC not too long ago launched the John Hancock Company Bond ETF (JHCB). The ETF is the primary mounted revenue ETF suggested by the agency and is sub-advised by Manulife Funding Administration (US) LLC, John Hancock Funding’s affiliated asset supervisor.
The John Hancock Company Bond ETF is actively managed and seeks a excessive present revenue stage according to prudent funding threat. Beneath regular market situations, it invests a minimum of 80% of its web property (plus any borrowings for funding functions) in company bonds. The ETF is managed by Jeffrey N. Given, CFA, Senior Managing Director and Senior Portfolio Supervisor; and Howard C. Greene, CFA, Senior Managing Director and Senior Portfolio Supervisor, Manulife Funding Administration.
The federal authorities backstopping U.S. company debt throughout the top of the pandemic gave the bond markets a pleasant enhance, and a few hedge funds expect that the occasion isn’t over simply but. Some funds are doubling down on company bonds, significantly the riskier and longer period selection.
“We proceed to see demand from ETF buyers who would really like further instruments to be extra granular on this setting to keep up diversification and handle threat of their portfolios,” Steven L. Deroian, co-head of retail product, John Hancock Funding Administration, stated in a current notice. “JHCB offers buyers this entry in an actively managed ETF targeted on investment-grade company bonds.”
Monetary advisors who’re involved in studying extra about company bonds can register for the Wednesday, April 28 webcast right here.
Learn extra on ETFtrends.com.
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