JHEM Fees and Costs — John Hancock Multifactor Emerging Markets ETF
Data updated: 2026-08-27
The net expense ratio is 0.49%: a 0.44% management fee plus 0.14% other expenses, less a 0.09% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $179K in broker commissions, 0.0279% of average net assets, and portfolio turnover was 23%.
JHEM Fees and Expenses
Annual operating expenses and sales charges of JHEM. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.44% |
| 12b-1 fee | — |
| Other expenses | 0.14% |
| Gross expense ratio | 0.58% |
| Fee waiver | −0.09% |
| Net expense ratio | 0.49% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | — |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JHEM Costs Over Time
On $10,000 invested in JHEM, assuming 5% a year before costs, total costs come to $327 over 5 years, cutting the return by 0.54% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.49%) | $51 | $161 | $281 |
| Trading costs (broker commissions) | $3 | $9 | $16 |
| Lost growth on money paid in costs | $0 | $8 | $30 |
| Total costs | $54 | $179 | $327 |
| Value after costs | $10,446 | $11,397 | $12,436 |
| Impact on return, per year | 0.54% | 0.54% | 0.54% |
JHEM Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending March 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0279%
- Total broker commissions: $179K
- Bought from dealers (principal trades, not a cost): $256.4M
- Portfolio turnover (prospectus): 23%
- Securities on loan, average value: $12.5M
- Net income from securities lending: $73K (0.011% of average net assets)
JHEM Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $89K | 50.30% |
| UBS AG | $31K | 17.46% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $27K | 15.47% |
| J.P. Morgan Securities LLC | $23K | 12.87% |
| Instinet, LLC | $2K | 1.22% |
| Virtu ITG Australia Limited | $1K | 0.78% |
| Nomura Holdings, Inc. | $925 | 0.52% |
| ICICI Securities Limited | $912 | 0.52% |
| EFG Hermes International Securities Brokerage S.A.E | $870 | 0.49% |
| Jefferies LLC | $675 | 0.38% |
JHEM Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $201.3M | 78.52% |
| J.P. Morgan Securities LLC | $17.3M | 6.76% |
| Goldman Sachs & Co. LLC | $15.0M | 5.84% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $10.7M | 4.19% |
| UBS AG | $9.7M | 3.77% |
| Virtu Americas LLC | $2.4M | 0.93% |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.