JHML Fees and Costs — John Hancock Multifactor Large Cap ETF
Data updated: 2026-08-27
The net expense ratio is 0.29%: a 0.26% management fee plus 0.06% other expenses, less a 0.03% fee waiver. There are no sales loads or redemption fees. In fiscal 2026 the fund paid $12K in broker commissions, 0.0012% of average net assets, and portfolio turnover was 4%.
JHML Fees and Expenses
Annual operating expenses and sales charges of JHML. Prospectus, as of March 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.26% |
| 12b-1 fee | — |
| Other expenses | 0.06% |
| Gross expense ratio | 0.32% |
| Fee waiver | −0.03% |
| Net expense ratio | 0.29% |
| 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 |
JHML Costs Over Time
On $10,000 invested in JHML, assuming 5% a year before costs, total costs come to $185 over 5 years, cutting the return by 0.31% 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 0.29%) | $30 | $96 | $167 |
| Trading costs (broker commissions) | $0 | $0 | $1 |
| Lost growth on money paid in costs | $0 | $5 | $17 |
| Total costs | $31 | $101 | $185 |
| Value after costs | $10,469 | $11,475 | $12,578 |
| Impact on return, per year | 0.31% | 0.31% | 0.31% |
JHML 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): 0.0012%
- Total broker commissions: $12K
- Bought from dealers (principal trades, not a cost): $205.6M
- Portfolio turnover (prospectus): 4%
- Securities on loan, average value: $4.3M
- Net income from securities lending: $8K (0.001% of average net assets)
JHML Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| Royal Bank of Canada | $8K | 62.53% |
| Goldman Sachs & Co. LLC | $3K | 27.80% |
| Instinet, LLC | $872 | 7.15% |
| Jefferies LLC | $184 | 1.50% |
| Mischler Financial Group, Inc. | $89 | 0.73% |
| Pershing LLC | $32 | 0.26% |
| Citigroup Global Markets Holdings Inc. | $2 | 0.02% |
JHML Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| National Securities Clearing Corporation | $159.3M | 77.49% |
| State Street Global Markets, LLC | $46.3M | 22.51% |
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.