JMAEX Fees and Costs — John Hancock Managed Account Shares Securitized Debt Portfolio
Data updated: 2026-09-24
The net expense ratio is 0.00%: a 0.63% management fee plus 0.08% other expenses, less a 0.71% fee waiver. There are no sales loads or redemption fees. Portfolio turnover was 28%.
JMAEX Fees and Expenses
Annual operating expenses and sales charges of JMAEX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.63% |
| 12b-1 fee | — |
| Other expenses | 0.08% |
| Gross expense ratio | 0.71% |
| Fee waiver | −0.71% |
| Net expense ratio | 0.00% |
| Sales charges | |
|---|---|
| Max front load | — |
| Max deferred load | 0.00% |
| Redemption fee | — |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
JMAEX Costs Over Time
On $10,000 invested in JMAEX, assuming 5% a year before costs, total costs come to $0 over 5 years, cutting the return by 0.00% 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 0.00%) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $0 | $0 |
| Total costs | $0 | $0 | $0 |
| Value after costs | $10,500 | $11,576 | $12,763 |
| Impact on return, per year | 0.00% | 0.00% | 0.00% |
JMAEX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): —
- Total broker commissions: —
- Bought from dealers (principal trades, not a cost): $458.7M
- Portfolio turnover (prospectus): 28%
- Securities lending: none during the year
JMAEX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| State Street Global Markets, LLC | $237.9M | 60.02% |
| Barclays Bank PLC | $36.2M | 9.14% |
| Wells Fargo Securities, LLC | $20.4M | 5.14% |
| Merrill Lynch, Pierce, Fenner & Smith Incorporated | $18.5M | 4.67% |
| Goldman Sachs & Co. LLC | $16.8M | 4.23% |
| J.P. Morgan Securities LLC | $16.7M | 4.22% |
| Morgan Stanley & Co. LLC | $14.4M | 3.63% |
| Royal Bank of Canada | $12.7M | 3.21% |
| Mitsubishi UFJ Financial Group, Inc. | $12.6M | 3.19% |
| Piper Sandler & Co. | $10.1M | 2.56% |
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.