Hancock Unveils New MF Share Class

Insurance and financial services products providerJohn Hancock Fundshas launched a new series of R share classes for most of its mutual funds. All retirement plans and institutional non-retirement accounts that are more than $1 million can avail the R6 share class series.

The new class, the firm’s lowest-priced share class, is presently available on theFrontier Trust,MatrixandMid-Atlantic Trust Co.trading platforms. Class R6 shares consist of theJohn Hancock Alternative Asset Allocation Fundand theJohn Hancock Global Opportunities Fund. The class shares are being provided without any sales charge and are available to only specific types of investors.

Click here for the release fromPR Newswire.