“Our goal is to continue to launch products that meet the needs and expectations of our investors,” said Steve Deroian, U.S. head of ETF product at John Hancock Investments. “From our first ETF launch with Dimensional over three years ago, we’ve focused on offering clients the factor expertise for which Dimensional is known, and the John Hancock Multifactor Media and Communications ETF completes our sector ETF suite available to investors.”

The fund is co-managed by Joseph F. Hohn, senior portfolio manager and vice president, Joel P. Schneider, deputy head of portfolio management and vice president, and Lukas J. Smart, CFA, senior portfolio manager and vice president at Dimensional. The estimated gross expense ratio is 0.85%. The net total expense ratio for the fund is 0.40%.

John Hancock Investments has had a relationship with Dimensional and its portfolio management teams for more than a decade, with strategies offered as stand-alone mutual funds and as portions of the John Hancock asset allocation portfolios. In late 2015, John Hancock Investments began launching ETFs built around Dimensional strategies. Today, the firm’s ETF offerings include U.S. large-, small-, and mid-cap portfolios, international portfolios, and a range of sector-specific offerings.

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