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John Hancock launches new international ETF

John Hancock Investments LLC has launched a new exchange-traded fund focused on international investing.

Dimensional Fund Advisors LP was selected to design the underlying developed-market equity index for the John Hancock Multifactor Developed International ETF.

The fund trades on the NYSE Arca. It is the 12th ETF John Hancock has developed with Dimensional Fund Advisors over the last 18 months.