John Hancock Launches Small Company Fund
The fund is now available for sale to retail investors through their financial advisers.
According to a press release, the John Hancock Small Company Fund seeks maximum, long-term total return, consistent with reasonable risk to principal, by investing in common stocks of smaller companies in terms of revenues and/or market capitalization. The fund’s strategy emphasizes a relative value approach, seeking to identify investment opportunities that are trading at attractive valuations and have opportunities to expand their earnings and cash flow prospects.
The announcement said the fund managers seek to achieve attractive risk-adjusted returns, consistent outperformance over a market cycle, and participation in rising markets, while protecting capital in down markets. The fund’s portfolio will be managed on a day-to-day basis by Fiduciary Management Associates LLC.