JHMD Fees and Costs — John Hancock Multifactor Developed International ETF
Data updated: 2026-08-27
The net expense ratio is 0.39%: a 0.35% management fee plus 0.08% other expenses, less a 0.04% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $144K in broker commissions, 0.0165% of average net assets, and portfolio turnover was 25%.
JHMD Fees and Expenses
Annual operating expenses and sales charges of JHMD. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.35% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.43% |
| Fee waiver | −0.04% |
| 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 |
JHMD Costs Over Time
On $10,000 invested in JHMD, assuming 5% a year before costs, total costs come to $257 over 5 years, cutting the return by 0.43% 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 |
| Trading costs (broker commissions) | $2 | $5 | $9 |
| Lost growth on money paid in costs | $0 | $7 | $23 |
| Total costs | $43 | $141 | $257 |
| Value after costs | $10,457 | $11,436 | $12,506 |
| Impact on return, per year | 0.43% | 0.43% | 0.43% |
JHMD 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): 0.0165%
- Total broker commissions: $144K
- Bought from dealers (principal trades, not a cost): $673.4M
- Portfolio turnover (prospectus): 25%
- Securities on loan, average value: $25.8M
- Net income from securities lending: $92K (0.010% of average net assets)
JHMD Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Goldman Sachs & Co. LLC | $82K | 56.88% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $35K | 24.34% |
| Instinet, LLC | $8K | 5.67% |
| Jefferies LLC | $7K | 4.62% |
| UBS AG | $7K | 4.53% |
| J.P. Morgan Securities LLC | $2K | 1.17% |
| Virtu ITG LLC | $2K | 1.11% |
| BNP Paribas | $2K | 1.05% |
| ABN AMRO Bank N.V. | $555 | 0.39% |
| Virtu ITG Australia Limited | $361 | 0.25% |
JHMD Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $270.6M | 40.18% |
| J.P. Morgan Securities LLC | $183.1M | 27.18% |
| Goldman Sachs & Co. LLC | $131.5M | 19.53% |
| State Street Global Markets, LLC | $79.4M | 11.79% |
| UBS AG | $8.8M | 1.31% |
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.