October 31, 2024
What makes ETFs tax efficient?
ETFs may offer some advantages for tax-sensitive investors. We take a look under the hood of this investment vehicle to explain why these advantages are there.
Tax-smart investing
Are you factoring investment taxes and tax-efficient investing practices into your portfolio decisions? Explore the range of investment products, consulting services, and insight that we offer to help mitigate tax burdens in a variety of market environments—year-round.
How exposed is your portfolio to annual capital gains distributions?
Investors can employ a number of capital gains tax-reduction strategies that seek to manage taxable exposure. Consult your financial representative and/or tax advisor to review your options.
2024 capital gains distributionsWhat to do now
Consider ETFs for their tax efficiency
The structure of ETFs and how they trade generally make them more tax efficient than mutual funds.
Review potential advantages in municipal bonds
Municipal bond funds pursue tax-free income, which can be particularly beneficial for investors in higher tax brackets and higher-tax states.
Consider proven core and core-plus options
Our flagship fixed-income funds offer investors a fundamentally driven approach and the expertise of a veteran management team.
Explore the potential advantages of SMAs
Separately managed accounts (SMAs) are designed for high-net-worth individuals seeking tailored investment solutions along with direct ownership of securities.
See how our mutual funds and ETFs stack up.
Explore our Fund Compare tool to learn more.
Tax-related viewpoints
October 20, 2023
Tax-loss harvesting: the silver lining in a market drawdown
Market drawdowns can present opportunities for those with taxable investment accounts: investors may have more chances to reduce taxable exposure from capital gains through a strategy called tax-loss harvesting.
October 2, 2024
Tax strategies for SMA investors to know
The end of the year provides investors with a unique opportunity to optimize their portfolios and minimize tax liabilities. We break down essential year-end tax strategies and important considerations that SMA investors should know about.
Compare portfolios with Portfolio Insight.
Take your portfolio modeling to the next level.
Tax-planning conversations are critical
It's never too early to start planning for tax-related events that may affect your portfolio. To that end, conversations with tax specialists, financial representatives, and our own Investment Consulting Group can help you become more tax aware.
1 Explore tax-loss harvesting opportunities
Learn how selling selected investments at a loss may help reduce taxable exposure by potentially offsetting the negative tax impact from other portfolio holdings that are sold at a profit.
2 Tap our fund-level tax expertise to explore potential replacement funds
Our business consultants can help you compare funds' net flows, historical tax ratios, turnover, and distribution yields for clues about the likelihood of future distributions.
3 Talk to our Investment Consulting Group
Are your client models tax efficient? Financial professionals can connect with our Investment Consulting Group to explore unique ideas designed to help make portfolios more tax efficient.
Visit our tax center
Download the latest information available on John Hancock Investment Management fund-specific distributions, including ordinary income and capital gains distributions.
Download our latest tax-planning guide
Get the latest information on tax brackets, long-term capital gains/qualified dividend rates, and more.
Review cost basis information
Learn about John Hancock Investment Management funds' organizational actions that affect basis of securities, such as tax-free reorganizations and nontaxable distributions.
Want to know more about where we’re seeing opportunities and risks?
Download the latest edition of Market Intelligence, our 12- to 18-month outlook across asset classes.
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Important disclosures
Fixed-income investments are subject to interest-rate and credit risk; their value will normally decline as interest rates rise or if an issuer is unable or unwilling to make principal or interest payments. Investments in higher-yielding, lower-rated securities include a higher risk of default. Foreign investing, especially in emerging markets, has additional risks, such as currency and market volatility and political and social instability. Mortgage- and asset-backed securities may be sensitive to changes in interest rates, and may be subject to early repayment and the market's perception of issuer creditworthiness.
Diversification does not guarantee a profit or eliminate the risk of a loss. Past performance does not guarantee future results.
The Internal Revenue Service has guidelines commonly referred to as the “wash sale” rule. In short, it outlines that investors cannot buy a “substantially identical” security 30 days before or after the sale of the funds chosen when conducting tax-loss harvesting. This can potentially be avoided by buying a new or different exchange-traded fund (ETF), mutual fund, or security within a similar industry. Consult with your tax professional to consider your options.
This material does not constitute tax, legal, or accounting advice, and neither John Hancock nor any of its agents, employees, or registered representatives are in the business of offering such advice. It was not intended or written for use, and cannot be used, by any taxpayer for the purpose of avoiding any IRS penalty. It was written to support the marketing of the transactions or topics it addresses. Anyone interested in these transactions or topics should seek advice based on his or her particular circumstances from independent professional advisors.
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