JHLN

📎 Investment Objective

The John Hancock Global Senior Loan ETF seeks to provide a high level of current income by investing primarily in senior secured floating-rate loans.

✨ Key Features

• Focuses on senior secured floating-rate loans, which can provide a hedge against rising interest rates
• Invests in a diversified portfolio of global senior loans to provide exposure across industries and geographies
• Actively managed approach aims to identify attractive loan opportunities and manage risk
• Potential for higher income compared to traditional fixed-rate bonds

⚠️ Primary Risks

• Credit risk: The fund is exposed to the risk of default or deterioration in credit quality of the underlying loans
• Interest rate risk: Rising interest rates could negatively impact the value of the fund's loan holdings
• Liquidity risk: The loans held by the fund may have lower liquidity compared to other fixed-income securities
• Currency risk: For non-U.S. loans, the fund is exposed to fluctuations in foreign exchange rates

👤 Best For

This ETF may be suitable for investors seeking higher current income and the potential to benefit from rising interest rates, as part of a diversified fixed-income allocation. However, investors should be comfortable with the credit and liquidity risks associated with senior secured loans.