John Hancock Funds has made its new natural resources fund available to retail investors through their financial advisers.
The fund aims to invest at least 80% of its assets in equity and equity-related securities of natural resource-related companies worldwide, including in emerging markets. The fund seeks companies that have low-cost quality assets, proven management teams and compelling valuations.
"We're pleased to launch this new fund as a way for investors to diversify their holdings in the alternative space, which may also help hedge against rising inflation in future years," said Keith Hartstein, president & CEO of John Hancock Funds. "Our Natural Resources Fund leverages the global proprietary investment resources of Wellington Management, the sub-advisor, which is one of the largest institutional managers of global natural resources and energy assets."