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Article: John Hancock Funds Adds Class R Shares To 6 Funds; Makes Company Even More Competitive In 401(k) Marketplace.
- Article from:
- PR Newswire
- Article date:
- August 5, 2003
CopyrightCOPYRIGHT 2003 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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John Hancock Funds today announced the addition of Class R shares to six of its best performing mutual funds.
Class R shares are typically used in the small retirement plan market and have been launched by nearly 20 fund companies in the recent past.
These six funds will be provided to broker/dealers, retirement platforms and third party administrators offering 401(k) plans.
The funds adding R shares are the:
-- John Hancock Bond Fund -- John Hancock Classic Value Fund
-- John Hancock Small Cap Equity Fund -- John Hancock Sovereign
Investors Fund
-- John Hancock Strategic ...