John Hancock said the fund is in direct response to new investor interests in the wake of the credit crisis and that it will continue to seek out non-correlated investments.
“Our recent product development initiatives have placed a premium on finding non-correlated investment strategies that can complement existing portfolios while offering a layer of diversification,” said John Hancock Funds President Keith F. Hartstein. “An example of this strategy was the launch earlier this year of the Strategic Income Opportunities Fund.”