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  • Report:  #92878

Complaint Review: John Hancock Funds

John Hancock Funds deceptive and covert charges Boston Massachusetts

  • Reported By:
    Cape Coral Florida
  • Submitted:
    Tue, May 25, 2004
  • Updated:
    Tue, May 25, 2004
  • John Hancock Funds
    1 John Hancock Way Suite 1000
    Boston, Massachusetts
    U.S.A.
  • Phone:
    800-225-5291
  • Category:

John Hancock is deliberately hiding the fact that they are charging exhorbant fees by raising their share prices when you buy their funds. You have to read the fine print in their 30 paid Prospectus. None of their advertising discloses their fees and since prices of shares change daily, they count on that fact to keep investors in the dark.

Don't buy John Hancock products, if they are willing to cheat their own clients, how can you be sure if they will pay off on their Insurance promisses years down the road?

Rudy
Cape Coral, Florida
U.S.A.

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