Manulife Sets Plans To Enter ETF Market

September 02, 2009

Financial services giant Manulife files to enter the ETF market.


Manulife Financial Corp. is one of the latest mutual fund providers to file a 40-APP form with the Securities & Exchange Commission that would allow it to issue ETFs.

Three of the company’s subsidiaries - John Hancock Advisers LLC, John Hancock Investment Mangement Services and MFC Global Investment Management – would each advise at least one of the resulting products.

The filing is part of a growing trend as a new wave of mutual fund providers seek to leverage their fund management expertise to enter a rapidly growing section of the market. Pimco launched its first ETF in June, and other big names seeking to enter the market include Schwab and Old Mutual.

No specific funds are detailed, but the filing does indicate that the proposed products would be index-based funds tracking domestic or international markets.

Manulife is a large Canadian insurer with extensive financial services operations that operates primarily under its “John Hancock” brand name in the U.S.  Assets under management for John Hancock Companies stood at roughly $186 billion earlier this year.


Lean why bond ETFs are an essential part of a diversified portfolio with our bond ETF channel.

Learn how currency-hedged ETFs can reduce the currency risk in your portfolio.


ETFs like 'QQQ' and 'IWM' paced inflows into U.S. equity ETFs on Friday, Oct. 9.

Each of the top nine issues gained assets on Friday, Oct. 9.


By Dave Nadig

Sometimes it pays to think beyond the label when it comes to the giants.

By Dave Nadig

Five consequences of the proposed rules the SEC put out yesterday.

By Sumit Roy

It's never happened, but it could.

By Dave Nadig

Think twice before getting excited.


By Denise Krisko

Managing liquid alt strategies.

By Scott Eldridge

Protecting your fixed income allocation in a volatile rate environment.

By iShares

How currency-hedged ETFs can help U.S. investors investing in international stocks.