JOHN HANCOCK INTERNATIONAL HIGH DIVIDEND ETF (USD) JHID.US

John Hancock International High Dividend ETF is an actively managed exchange-traded fund whose main goal is to produce a high level of current income, with long-term capital growth as a secondary objective.

It does not seek to track any specific benchmark index. Under normal market conditions it invests at least 80 percent of its net assets in dividend-paying large- and mid-capitalization equity securities of companies in developed markets outside the United States.

Eligible securities include common and preferred stocks, convertibles, rights, warrants, and real estate investment trusts or their equivalents. The fund employs a proprietary systematic screening and optimization process: first filtering for securities with high and persistent dividends or expected growth in dividend income (using factors like yield, quality, payout and persistence), then optimizing portfolio weights with respect to factors such as security-level beta and dividend yield, turnover, position size, and sector exposure.

The issuer of the ETF is John Hancock Investment Management, a division of Manulife Investment Management. It is offered through a standard U.S. ETF structure and is subadvised by Manulife Investment Management (US) LLC.