John Hancock Relaunches Adopted Mid Cap Value Fund

John Hancock Funds has completed the adoption of the Robeco Boston Partners Mid Cap Value Fund and has launched it as the newly established John Hancock Disciplined Value Mid Cap Fund (JVMAX). 

The John Hancock Disciplined Value Mid Cap Fund is now available for sale to retail investors through their financial advisers.  

The John Hancock Disciplined Value Mid Cap Fund seeks to provide long-term growth of capital by investing at least 80% of its net assets in a diversified portfolio of equity securities of issuers with medium market capitalizations and identified by Robeco Boston Partners as having value characteristics. A medium market capitalization issuer generally is considered to be one whose market capitalization is, at the time the Fund makes the investment, similar to the market capitalization of companies in the Russell Midcap Value Index, which is comprised of those companies in the Russell Midcap Index with lower price to book ratios and lower forecasted growth values and with a market capitalization range, as of March 31, 2010, between $223 million and $17.95 billion.   

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The fund’s portfolio will be managed on a day-to-day basis by Robeco Boston Partners.  

More information is at http://www.jhfunds.com. 

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