John Hancock Exchange-Traded Fund Trust
John Hancock Multifactor Developed International ETF (the fund)
Supplement dated March 17, 2020 to the current Prospectus (the
prospectus), as may be supplemented
Effective March 30, 2020, the Fees and expenses
table and the Expense example table in the “Fund summary” section for the fund are revised and restated as follows:
Fees and expenses
This table describes the fees and expenses you may pay if you buy
and hold shares of the fund.
Annual fund operating expenses (%) (expenses that you pay
each year as a percentage of the value of your investment)
Management fee1
|
0.35
|
|
Other expenses
|
0.10
|
|
Total annual fund operating expenses
|
0.45
|
|
Contractual expense reimbursement2
|
–0.06
|
|
Total annual fund operating expenses after expense reimbursements
|
0.39
|
|
1 “Management fee” has been restated
to reflect the contractual management fee schedule effective March 30, 2020.
2 The advisor contractually agrees to reduce its
management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed
0.39% of average daily net assets. Expenses means all the expenses of the fund, excluding (a) taxes, (b) brokerage commissions,
(c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary
course of the fund’s business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly,
and (h) short dividend expense. This agreement expires on August 31, 2021, unless renewed by mutual agreement of the fund and the
advisor based upon a determination that this is appropriate under the circumstances at that time. The advisor also contractually
agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according
to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating in the waiver or
reimbursement. This waiver is allocated proportionally among the participating funds. During its most recent fiscal year, the fund’s
reimbursement amounted to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2021, unless renewed
by mutual agreement of the fund and the advisor based upon a determination that this is appropriate under the circumstances at
that time.
EXPENSE EXAMPLE
This example is intended to help you compare the cost of investing
in the fund with the cost of investing in other funds. Please see below a hypothetical example showing the expenses of a $10,000
investment in the fund for the time periods indicated assuming you redeem all of your shares at the end of those periods. The example
assumes a 5% average annual return and that fund expenses will not change over the periods. The example does not take into account
brokerage commissions that you may pay on your purchases and sales of shares of the fund. Although your actual costs may be higher
or lower, based on these assumptions, your costs would be:
Expenses ($)
1 year
|
40
|
|
3 years
|
138
|
|
5 years
|
246
|
|
10 years
|
561
|
|
Effective March 30, 2020, in the
“Fund details” section, under the heading “Who’s who — Management fee,” the disclosure
regarding the fund’s management fee schedule is modified as follows:
Management fee
The fund pays the advisor a management fee for its services to the
fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate
net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined
in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund.
Average daily net assets ($)
|
Annual rate (%)
|
|
All asset levels
|
0.35
|
|
During its most recent fiscal year, the fund paid the advisor
a management fee equal to 0.35% of average daily net assets (including any waivers and/or reimbursements). The fee schedule above
became effective March 30, 2020.
You should read this supplement in conjunction
with the prospectus and retain it for future reference.
John Hancock Exchange-Traded Fund Trust
John Hancock Multifactor Emerging Markets ETF (the fund)
Supplement dated March 17, 2020 to the current Prospectus (the
prospectus), as may be supplemented
Effective March 30, 2020, the Fees and expenses
table and the Expense example table in the “Fund summary” section for the fund are revised and restated as follows:
Fees and expenses
This table describes the fees and expenses you may pay if you buy
and hold shares of the fund.
Annual fund operating expenses (%) (expenses that you
pay each year as a percentage of the value of your investment)
|
|
|
Management fee1
|
0.44
|
|
Other expenses
|
0.13
|
|
Total annual fund operating expenses
|
0.57
|
|
Contractual expense reimbursement2
|
–0.08
|
|
Total annual fund operating expenses after expense reimbursements
|
0.49
|
|
1 “Management fee” has been restated to reflect the contractual
management fee schedule effective March 30, 2020.
2 The advisor contractually agrees to reduce its management fee or,
if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.49% of average daily
net assets. Expenses means all the expenses of the fund, excluding (a) taxes, (b) brokerage commissions, (c) interest expense,
(d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund’s
business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend
expense. This agreement expires on August 31, 2021, unless renewed by mutual agreement of the fund and the advisor based upon a
determination that this is appropriate under the circumstances at that time. The advisor also contractually agrees to waive a portion
of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint
schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement. This waiver is
allocated proportionally among the participating funds. During its most recent fiscal year, the fund’s reimbursement amounted
to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2021, unless renewed by mutual agreement
of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time.
EXPENSE EXAMPLE
This example is intended to help you compare the cost of investing
in the fund with the cost of investing in other funds. Please see below a hypothetical example showing the expenses of a $10,000
investment in the fund for the time periods indicated assuming you redeem all of your shares at the end of those periods. The example
assumes a 5% average annual return and that fund expenses will not change over the periods. The example does not take into account
brokerage commissions that you may pay on your purchases and sales of shares of the fund. Although your actual costs may be higher
or lower, based on these assumptions, your costs would be:
Expenses ($)
|
|
|
1 year
|
50
|
|
3 years
|
175
|
|
5 years
|
310
|
|
10 years
|
706
|
|
Effective March 30, 2020, in the “Fund details” section,
under the heading “Who’s who — Management fee,” the disclosure regarding the fund’s management fee
schedule is modified as follows:
Management fee
The fund pays the advisor a management fee for its services to the
fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate
net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined
in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund.
Average daily net assets ($)
|
Annual rate (%)
|
|
All asset levels
|
0.44
|
|
During the fiscal period from September 27, 2018 to April 30, 2019,
the fund paid the advisor a management fee equal to 0.43% of average daily net assets (including any waivers and/or reimbursements).
The fee schedule above became effective March 30, 2020.
You should read this supplement in conjunction
with the prospectus and retain it for future reference.
John Hancock Exchange-Traded Fund Trust
John Hancock Multifactor Large Cap ETF (the fund)
Supplement dated March 17, 2020 to the current Prospectus (the
prospectus), as may be supplemented
Effective March 30, 2020, the Fees and expenses
table and the Expense example table in the “Fund summary” section for the fund are revised and restated as follows:
Fees and expenses
This table describes the fees and expenses you may pay if you buy and hold shares of the fund.
Annual fund operating expenses (%) (expenses that you
pay each year as a percentage of the value of your investment)
|
|
|
Management fee1
|
0.26
|
|
Other expenses
|
0.06
|
|
Total annual fund operating expenses
|
0.32
|
|
Contractual expense reimbursement2
|
–0.03
|
|
Total annual fund operating expenses after expense reimbursements
|
0.29
|
|
1 “Management fee” has been restated to reflect the contractual
management fee schedule effective March 30, 2020.
2 The advisor contractually agrees to reduce its management fee or,
if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.29% of average daily
net assets. Expenses means all the expenses of the fund, excluding (a) taxes, (b) brokerage commissions, (c) interest expense,
(d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund’s
business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend
expense. This agreement expires on August 31, 2021, unless renewed by mutual agreement of the fund and the advisor based upon a
determination that this is appropriate under the circumstances at that time. The advisor also contractually agrees to waive a portion
of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint
schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement. This waiver is
allocated proportionally among the participating funds. During its most recent fiscal year, the fund’s reimbursement amounted
to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2021, unless renewed by mutual agreement
of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time.
EXPENSE EXAMPLE
This example is intended to help you compare the cost of investing
in the fund with the cost of investing in other funds. Please see below a hypothetical example showing the expenses of a $10,000
investment in the fund for the time periods indicated assuming you redeem all of your shares at the end of those periods. The example
assumes a 5% average annual return and that fund expenses will not change over the periods. The example does not take into account
brokerage commissions that you may pay on your purchases and sales of shares of the fund. Although your actual costs may be higher
or lower, based on these assumptions, your costs would be:
Expenses ($)
|
|
|
1 year
|
30
|
|
3 years
|
100
|
|
5 years
|
177
|
|
10 years
|
403
|
|
Effective March 30, 2020, in the “Fund details” section,
under the heading “Who’s who — Management fee,” the disclosure regarding the fund’s management fee
schedule is modified as follows:
Management fee
The fund pays the advisor a management fee for its services to the
fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate
net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined
in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund.
Average daily net assets ($)
|
Annual rate (%)
|
|
All asset levels
|
0.26
|
|
During its most recent fiscal year, the fund paid the advisor a management
fee equal to 0.28% of average daily net assets (including any waivers and/or reimbursements). The fee schedule above became effective
March 30, 2020.
Also, effective March 30, 2020, in the “Fund details”
section, the third paragraph under the heading “Who’s who – Additional information about fund expenses”
is removed in its entirety.
You should read this supplement in conjunction
with the prospectus and retain it for future reference.
John Hancock Exchange-Traded Fund Trust
John Hancock Multifactor Mid Cap ETF (the fund)
Supplement dated March 17, 2020 to the current Prospectus (the
prospectus), as may be supplemented
Effective March 30, 2020, the Fees and expenses
table and the Expense example table in the “Fund summary” section for the fund are revised and restated as follows:
FEES AND EXPENSES
This table describes the fees and expenses you may pay if you buy
and hold shares of the fund.
Annual fund operating expenses (%) (expenses that you
pay each year as a percentage of the value of your investment)
|
|
|
Management fee1
|
0.37
|
|
Other expenses
|
0.07
|
|
Total annual fund operating expenses
|
0.44
|
|
Contractual expense reimbursement2
|
–0.02
|
|
Total annual fund operating expenses after expense reimbursements
|
0.42
|
|
1 “Management fee”
has been restated to reflect the contractual management fee schedule effective March 30, 2020.
2 The advisor contractually
agrees to reduce its management fee or, if necessary, make payment to the fund in an amount equal to the amount by which expenses
of the fund exceed 0.42% of average daily net assets. Expenses means all the expenses of the fund, excluding (a) taxes, (b) brokerage
commissions, (c) interest expense, (d) litigation and indemnification expenses and other extraordinary expenses not incurred in
the ordinary course of the fund’s business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses
paid indirectly, and (h) short dividend expense. This agreement expires on August 31, 2021, unless renewed by mutual agreement
of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time. The advisor
also contractually agrees to waive a portion of its management fee and/or reimburse expenses for the fund and certain other John
Hancock funds according to an asset level breakpoint schedule that is based on the aggregate net assets of all the funds participating
in the waiver or reimbursement. This waiver is allocated proportionally among the participating funds. During its most recent fiscal
year, the fund’s reimbursement amounted to 0.01% of the fund’s average daily net assets. This agreement expires on
July 31, 2021, unless renewed by mutual agreement of the fund and the advisor based upon a determination that this is appropriate
under the circumstances at that time.
EXPENSE EXAMPLE
This example is intended to help you compare the cost of investing
in the fund with the cost of investing in other funds. Please see below a hypothetical example showing the expenses of a $10,000
investment in the fund for the time periods indicated assuming you redeem all of your shares at the end of those periods. The example
assumes a 5% average annual return and that fund expenses will not change over the periods. The example does not take into account
brokerage commissions that you may pay on your purchases and sales of shares of the fund. Although your actual costs may be higher
or lower, based on these assumptions, your costs would be:
Expenses ($)
|
|
|
1 year
|
43
|
|
3 years
|
139
|
|
5 years
|
244
|
|
10 years
|
553
|
|
Effective March 30, 2020, in the “Fund details” section,
under the heading “Who’s who — Management fee,” the disclosure regarding the fund’s management fee
schedule is modified as follows:
Management fee
The fund pays the advisor a management fee for its services to the
fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate
net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined
in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund.
Average daily net assets ($)
|
Annual rate (%)
|
|
All asset levels
|
0.37
|
|
During its most recent fiscal year, the fund paid the advisor a management
fee equal to 0.38% of average daily net assets (including any waivers and/or reimbursements). The fee schedule above became effective
March 30, 2020.
Also, effective March 30, 2020, in the “Fund details”
section, the third paragraph under the heading “Who’s who – Additional information about fund expenses”
is removed in its entirety.
You should read this supplement in conjunction
with the prospectus and retain it for future reference.
John Hancock Exchange-Traded Fund Trust
John Hancock Multifactor Small Cap ETF (the fund)
Supplement dated March 17, 2020 to the current Prospectus (the
prospectus), as may be supplemented
Effective March 30, 2020, the Fees and expenses
table and the Expense example table in the “Fund summary” section for the fund are revised and restated as follows:
FEES AND EXPENSES
This table describes the fees and expenses you may pay if you buy
and hold shares of the fund.
Annual fund operating expenses (%) (expenses that you
pay each year as a percentage of the value of your investment)
|
|
|
Management fee1
|
0.39
|
|
Other expenses
|
0.10
|
|
Total annual fund operating expenses
|
0.49
|
|
Contractual expense reimbursement2
|
–0.07
|
|
Total annual fund operating expenses after expense reimbursements
|
0.42
|
|
1 “Management
fee” has been restated to reflect the contractual management fee schedule effective March 30, 2020.
2 The advisor contractually agrees to reduce its management fee or,
if necessary, make payment to the fund in an amount equal to the amount by which expenses of the fund exceed 0.42% of average daily
net assets. Expenses means all the expenses of the fund, excluding (a) taxes, (b) brokerage commissions, (c) interest expense,
(d) litigation and indemnification expenses and other extraordinary expenses not incurred in the ordinary course of the fund’s
business, (e) borrowing costs, (f) prime brokerage fees, (g) acquired fund fees and expenses paid indirectly, and (h) short dividend
expense. This agreement expires on August 31, 2021, unless renewed by mutual agreement of the fund and the advisor based upon a
determination that this is appropriate under the circumstances at that time. The advisor also contractually agrees to waive a portion
of its management fee and/or reimburse expenses for the fund and certain other John Hancock funds according to an asset level breakpoint
schedule that is based on the aggregate net assets of all the funds participating in the waiver or reimbursement. This waiver is
allocated proportionally among the participating funds. During its most recent fiscal year, the fund’s reimbursement amounted
to 0.01% of the fund’s average daily net assets. This agreement expires on July 31, 2021, unless renewed by mutual agreement
of the fund and the advisor based upon a determination that this is appropriate under the circumstances at that time.
EXPENSE EXAMPLE
This example is intended to help you compare the cost of investing
in the fund with the cost of investing in other funds. Please see below a hypothetical example showing the expenses of a $10,000
investment in the fund for the time periods indicated assuming you redeem all of your shares at the end of those periods. The example
assumes a 5% average annual return and that fund expenses will not change over the periods. The example does not take into account
brokerage commissions that you may pay on your purchases and sales of shares of the fund. Although your actual costs may be higher
or lower, based on these assumptions, your costs would be:
Expenses ($)
|
|
|
1 year
|
43
|
|
3 years
|
150
|
|
5 years
|
267
|
|
10 years
|
609
|
|
Effective March 30, 2020, in the “Fund details” section,
under the heading “Who’s who — Management fee,” the disclosure regarding the fund’s management fee
schedule is modified as follows:
Management fee
The fund pays the advisor a management fee for its services to the
fund. The advisor in turn pays the fees of the subadvisor. The management fee is stated as an annual percentage of the aggregate
net assets of the fund (together with the assets of any other applicable fund identified in the advisory agreement) determined
in accordance with the following schedule, and that rate is applied to the average daily net assets of the fund.
Average daily net assets ($)
|
Annual rate (%)
|
|
All asset levels
|
0.39
|
|
During its most recent fiscal year, the fund paid the advisor a management
fee equal to 0.40% of average daily net assets (including any waivers and/or reimbursements). The fee schedule above became effective
March 30, 2020.
You should read this supplement in conjunction
with the prospectus and retain it for future reference.
John Hancock Multifactor... (AMEX:JHSC)
Historical Stock Chart
From Jun 2024 to Jul 2024
John Hancock Multifactor... (AMEX:JHSC)
Historical Stock Chart
From Jul 2023 to Jul 2024