Description

The John Hancock Financial Opportunities Fund (BTO) operates as a closed-end equity mutual fund, primarily overseen by John Hancock Investment Management LLC. Its management responsibilities are shared with John Hancock Asset Management. The fund's investment objective is to target public equities globally, with a specific focus on the financial services sector. It allocates capital to companies irrespective of their market capitalization. Its performance is measured against the S&P Composite 1500 Banks Index. Established on August 23, 1994, and domiciled in the United States, this fund was previously known as the John Hancock Bank and Thrift Opportunity Fund.