John Hancock Mutual Funds Launches Enhancements to Popular Web-based "Portfolio Insight" Tool for Financial Advisers
-- Enhancement lets advisers compare portfolios side by side while providing complete transparency into individual holdings
-- Provides access to universe of 8,000 open-end funds via Morningstar®, plus commodity and index ETFs
-- "Fund Evaluator" feature helps filter John Hancock fund lineup
BOSTON, Oct. 11, 2011 /PRNewswire/ -- John Hancock Funds has announced extensive enhancements to its popular web-based "Portfolio Insight" tool for financial advisers. Originally launched in mid-2009, the tool provides in-depth analytics and transparency into client portfolios. Advisers now have the ability to do comparative analysis for their clients of portfolio holdings including mutual funds and ETFs in a side by side format. The new Portfolio Insight "Compare" tool may be accessed at www.jhfunds.com/portfolioinsight.
By accessing the universe of more than 8,000 open-end funds and commodity and index ETFs via Morningstar®, advisers are able to generate a client-friendly report that helps facilitate conversations with clients about their portfolio and what next steps might be appropriate.
"Since the initial launch of Portfolio Insight two years ago, a top priority for us was to get feedback from advisers who do business with us and to make improvements based on what we heard," said Keith F. Hartstein, President & CEO of John Hancock Funds. "We are committed to providing advisers with valuable tools and resources that will help them do more business, and we have had an overwhelmingly positive response from advisers to Portfolio Insight. They tell us that the tool is simple to use and their clients really appreciate the easy-to-read reports."
"It is critical for advisers to provide their clients with transparency into their investments during uncertain times like we're experiencing, and that's exactly what Portfolio Insight allows them to do. The beauty of Portfolio Insight 'Compare' is the ability to input a current model or list of client holdings and then add or subtract funds or otherwise realign the portfolio and see an in-depth comparison of the original and new portfolios side-by-side," Mr. Hartstein added.
The new and improved Portfolio Insight is available to advisers on John Hancock Funds' award-winning web site, www.jhfunds.com. The firm will be launching a significant print and electronic marketing campaign in support of the new features in October.
"Portfolio Insight's new 'Compare' feature offers an easy way for an adviser to add value by suggesting a change to a portfolio and then it enables the adviser to clearly show the change to the client. It also allows advisers to create personalized and customized reports for their clients quickly and efficiently. The result is a comprehensive, transparent view of a client's holdings that can help build their confidence and advance a better understanding of their overall investment goals," said Carey Hoch, Senior Vice President and head of Marketing for John Hancock Funds.
A new feature called "Fund Evaluator" helps Advisers identify John Hancock Funds that compare favorably to funds already in a client's portfolio. "We are seeing more and more advisers use this feature to add John Hancock funds that complement an existing portfolio, or in some cases, to replace funds that may no longer be a good fit due to changing circumstances," notes Eric Lachance, Assistant Vice President, head of E-commerce.
Portfolio Insight can include a portfolio snapshot summary along with performance analysis for the overall portfolio as well as each individual fund, sector and style analysis breakdown, and information on stock overlap among all holdings. In addition, economic and portfolio manager commentaries are available.
"While you can go deep into the portfolio information, it's the ease of use that really makes this tool compelling," added Ms. Hoch. "In just minutes, advisers can create customized reports for clients with information and insights that help differentiate them, while helping clients understand what they own and if they are on track."
About John Hancock Funds
The Boston-based mutual fund business unit of John Hancock Financial, John Hancock Funds manages more than $71.5 billion in open-end funds, closed-end funds, private accounts, retirement plans and related party assets for individual and institutional investors as at June 30, 2011.
About John Hancock Financial and Manulife Financial Corporation
John Hancock Financial is a unit of Manulife Financial Corporation, a leading Canadian-based financial services group serving millions of customers in 21 countries and territories worldwide. Operating as Manulife Financial in Canada and in most of Asia, and primarily as John Hancock in the United States, Manulife Financial Corporation offers clients a diverse range of financial protection products and wealth management services through its extensive network of employees, agents and distribution partners. For more than 120 years, clients have looked to Manulife for strong, reliable, trustworthy and forward-thinking solutions for their most significant financial decisions. Funds under management by Manulife Financial and its subsidiaries were Cdn$481 billion (US$498 billion) as at June 30, 2011.
Manulife Financial Corporation trades as 'MFC' on the TSX, NYSE and PSE, and under '945' on the SEHK. Manulife Financial may be found on the Internet at www.manulife.com.
The John Hancock unit, through its insurance companies, comprises one of the largest life insurers in the United States. John Hancock offers a broad range of financial products and services, including life insurance, fixed and variable annuities, fixed products, mutual funds, 401(k) plans, long-term care insurance, college savings, and other forms of business insurance. Additional information about John Hancock may be found at www.johnhancock.com.
SOURCE John Hancock Funds
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