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Friday, December 8, 2000 Hancock Plates Up Five Funds for Board John Hancock will be plating up five new funds for its board next Monday. A source close to John Hancock told MutualFundWire that the new funds, if approved, will be filed with the SEC by the end of December. The company plans on incubating a series of funds next year which can be easily pulled into the broader market. The strategy allows John Hancock to more lithely respond to market demands without fully committing to a diverse line-up. Next year, the company will be looking for another product like its Global Trend Fund, which met with great success. That fund, balanced among the financial, health, and technology sectors, enables investors to enter these growth areas in a single fund without having to surmise which will perform best. Printed from: MFWire.com/story.asp?s=25994 Copyright 2000, InvestmentWires, Inc. All Rights Reserved |