John Hancock Financial Opportunities Fund

Frequently Asked Questions About BTO

What does BTO invest in?

John Hancock Financial Opportunities Fund is a closed-ended equity mutual fund launched and managed by John Hancock Investment Management LLC. It is co-managed by John Hancock Asset Management. The fund invests in the public equity markets across the globe. It seeks to invest in the stocks of companies operating across the financial services sector. The fund invests in companies across all market capitalizations. It benchmarks the performance of its portfolio against the S&P Composite 1500 Banks Index. The fund was formerly known as John Hancock Bank and Thrift Opportunity Fund. John Hancock Financial Opportunities Fund was formed on August 23, 1994 and is domiciled in the United States.

What is the expense ratio of BTO?

John Hancock Financial Opportunities Fund (BTO) charges an expense ratio of 2.42%. This is the annual fee deducted from fund assets to cover management and operations.

How big is BTO?

John Hancock Financial Opportunities Fund (BTO) manages $792.7M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.

Is BTO actively managed or an index fund?

BTO's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was BTO launched?

John Hancock Financial Opportunities Fund (BTO) launched in August 1994 and is managed by the fund issuer.

How has BTO performed?

BTO's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.