JHMB Fees and Costs — John Hancock Mortgage-Backed Secrities ETF
Data updated: 2026-08-27
The net expense ratio is 0.39%: a 0.34% management fee plus 0.13% other expenses, less a 0.08% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 40%.
JHMB Fees and Expenses
Annual operating expenses and sales charges of JHMB. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.34% |
| 12b-1 fee | — |
| Other expenses | 0.13% |
| Gross expense ratio | 0.47% |
| Fee waiver | −0.08% |
| Net expense ratio | 0.39% |
| 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 |
JHMB Costs Over Time
On $10,000 invested in JHMB, assuming 5% a year before costs, total costs come to $247 over 5 years, cutting the return by 0.41% 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 0.39%) | $41 | $129 | $224 |
| Lost growth on money paid in costs | $0 | $6 | $23 |
| Total costs | $41 | $135 | $247 |
| Value after costs | $10,459 | $11,441 | $12,516 |
| Impact on return, per year | 0.41% | 0.41% | 0.41% |
JHMB 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): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $636.2M
- Portfolio turnover (prospectus): 40%
- Securities lending: none during the year
JHMB Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $192.7M | 32.26% |
| Morgan Stanley & Co. LLC | $187.6M | 31.41% |
| State Street Global Markets, LLC | $134.6M | 22.53% |
| Barclays Bank PLC | $19.5M | 3.26% |
| Wells Fargo Securities, LLC | $19.2M | 3.21% |
| J.P. Morgan Securities LLC | $14.9M | 2.49% |
| Citigroup Global Markets Holdings Inc. | $9.7M | 1.62% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $8.3M | 1.38% |
| Santander US Capital Markets LLC | $6.8M | 1.14% |
| Stonex Financial Inc. | $4.2M | 0.70% |
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.