Investors - NOVEMBER 17, 2015

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John Hancock Investments launches global real estate fund

by Andrea Waitrovich

John Hancock Investments announced the launch of the John Hancock Global Real Estate Fund. Standard Life Investments will act as manager of the fund. Class A shares of the mutual fund will trade under the symbol JHGRX.

“In an era when traditional asset classes are providing lackluster returns, volatility is a constant challenge, and investors are looking for alternative ways to diversify their portfolios, we are pleased to be able to offer global exposure to a major asset class — real estate — in a mutual fund vehicle,” said Andrew Arnott, president and CEO of John Hancock Investments, in a statement.

John Hancock Global Real Estate Fund will provide consistent long-term returns. The fund normally will invest at least 80 percent of its net assets in securities of real estate–related issuers, which may include REITs, and equity securities of real estate companies. The fund also will typically invest at least 40 percent of its asset

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