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Introduction to Hedge Fund Strategies

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JHAIX JHancock Global Absolute Ret Strats I

  • Fund
  • JHAIX
  • Price as of: Aug 18, 2017
  • $10.35
  • + $0.01
  • + 0.10%
  • Category
  • Global Allocation

JHAIX - Profile

Vitals

  • YTD Return 2.1%
  • 3 Yr Annualized Return 1.3%
  • 5 Yr Annualized Return 2.6%
  • Net Assets $5.48 B
  • Holdings in Top 10 35.6%

52 WEEK LOW AND HIGH

$10.35
$9.90
$10.43

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.32%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 80.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250,000

IRA

$250,000

Investment Themes

CATEGORY

Global Allocation
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return 2.1%
  • 3 Yr Annualized Total Return 1.3%
  • 5 Yr Annualized Total Return 2.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.67%
DIVIDENDS
  • Dividend Yield 0.2%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name John Hancock Funds Global Absolute Return Strategies Fund
  • Fund Family Name John Hancock
  • Inception Date Dec 19, 2011
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Guy Stern

JHAIX - Performance

Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -25.7% 20.5% 71.40% 4
1 Yr 3.6% -35.4% 26.6% 78.54% 4
3 Yr 1.3% * -9.9% 9.0% 65.45% 4
5 Yr 2.6% * -3.7% 10.2% 87.68% 5
10 Yr N/A * -1.0% 6.5% N/A N/A

* Annualized


Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -30.2% 210.7% 77.05% 5
2015 -4.8% -30.7% 2.7% 27.67% 2
2014 -1.3% -25.2% 10.0% 36.48% 3
2013 3.3% -12.0% 23.8% 60.73% 4
2012 6.7% -11.2% 18.2% 70.23% 4

Total Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%) Quintile
YTD 2.1% -25.7% 20.5% 71.40% 4
1 Yr 3.6% -35.4% 40.9% 68.03% 4
3 Yr 1.3% * -10.6% 12.6% 55.23% 3
5 Yr 2.6% * -3.9% 10.2% 84.75% 5
10 Yr N/A * -1.0% 6.5% N/A N/A

* Annualized


Total Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%) Quintile
2016 -2.5% -30.2% 210.8% 80.68% 5
2015 1.9% -29.2% 7.0% 1.86% 1
2014 4.5% -13.1% 18.1% 18.11% 1
2013 5.5% -9.8% 49.2% 73.73% 4
2012 9.5% -17.9% 30.6% 84.47% 5

NAV & Total Return History

JHAIX - Holdings

Filings data as of: Apr 30, 2017

Concentration Analysis

JHAIX Category Low Category High JHAIX % Rank Quintile
Net Assets 5.48 B 774 K 105 B 2.75% 1
Number of Holdings 1225 2 5460 3.59% 1
Net Assets in Top 10 3 B -157 M 19.4 B 3.17% 1
Weighting of Top 10 35.6% 0.0% 408.5% 17.34% 3

Top 10 Holdings

  1. Long Gilt Fut Jun17 16.48%
  2. Aust 3yr Bond Fut Jun17 9.81%
  3. Mini Msci Em Mk Fut Jun17 1.79%
  4. S&P Mid400 Emin Fut Jun17 1.74%
  5. Euro Stoxx 50 Fut Jun17 1.52%
  6. US Treasury Bond 0.84%
  7. US Treasury Bond 0.68%
  8. Morgan Fut Col Usd 0.60%
  9. National 1.4% 10/10/17 0.59%
  10. US Treasury Bond 1.52%

Asset Allocation

Weighting Category Low Category High JHAIX % Rank Quintile
Bonds
50.13% -141.63% 97.68% 5.07% 1
Stocks
34.74% -1.87% 101.23% 23.04% 5
Cash
14.95% -106.19% 184.57% 4.65% 1
Other
0.09% -1.50% 101.91% 24.31% 5
Convertible Bonds
0.08% 0.00% 11.99% 5.92% 2
Preferred Stocks
0.00% 0.00% 16.52% 11.42% 5

Stock Sector Breakdown

Weighting Category Low Category High JHAIX % Rank Quintile
Financial Services
9.07% -1.55% 23.87% 13.88% 3
Real Estate
5.80% -0.70% 31.84% 5.29% 1
Industrials
2.56% -0.13% 13.55% 23.13% 5
Consumer Cyclical
2.10% -0.75% 16.99% 23.35% 5
Consumer Defense
1.79% -1.18% 20.37% 22.47% 5
Healthcare
1.70% -2.40% 10.58% 21.59% 5
Technology
1.46% -1.42% 21.49% 24.23% 5
Energy
1.16% -0.11% 27.67% 24.23% 5
Communication Services
1.10% -0.71% 19.14% 20.70% 5
Basic Materials
0.89% -0.11% 19.84% 24.01% 5
Utilities
0.71% 0.00% 19.38% 16.96% 4

Stock Geographic Breakdown

Weighting Category Low Category High JHAIX % Rank Quintile
Non US
19.06% 0.00% 94.99% 20.30% 4
US
15.68% -70.07% 97.35% 20.08% 4

Bond Sector Breakdown

Weighting Category Low Category High JHAIX % Rank Quintile
Government
34.59% -141.63% 70.19% 3.59% 1
Corporate
12.24% 0.00% 52.71% 11.21% 2
Cash & Equivalents
4.30% -103.93% 185.25% 16.49% 3
Securitized
0.12% 0.00% 22.08% 15.43% 3
Derivative
0.00% -14.90% 10.71% 4.65% 3
Municipal
0.00% 0.00% 9.55% 7.19% 4

Bond Geographic Breakdown

Weighting Category Low Category High JHAIX % Rank Quintile
US
40.01% -141.63% 66.42% 2.96% 1
Non US
10.12% 0.00% 60.56% 15.22% 3

JHAIX - Expenses

Operational Fees

JHAIX Fees (% of AUM) Category Low Category High Rank in Category (%) Quintile
Expense Ratio 1.32% 0.01% 19.72% 29.24% 3
Management Fee 1.15% 0.00% 1.70% 1.70% 5
12b-1 Fee 0.00% 0.00% 1.00% 6.12% 1
Administrative Fee N/A 0.00% 0.55% N/A N/A

Sales Fees

JHAIX Fees (% of AUM) Category Low Category High JHAIX Rank Quintile
Front Load N/A 0.15% 5.75% N/A N/A
Deferred Load N/A 0.50% 5.50% N/A N/A

Trading Fees

JHAIX Fees (% of AUM) Category Low Category High JHAIX Rank Quintile
Max Redemption Fee N/A 0.11% 2.00% N/A N/A

Turnover Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

JHAIX Fees (% of AUM) Category Low Category High JHAIX Rank Quintile
Turnover 80.00% 0.00% 1837.00% 9.27% 4

JHAIX - Distributions

Dividend Yield Analysis

JHAIX Category Low Category High JHAIX % Rank Quintile
Dividend Yield 0.2% 0.00% 2.17% 55.70% 3

Dividend Distribution Analysis

JHAIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Annually

Dividend Payout History


Net Income Ratio Analysis

JHAIX Category Low Category High JHAIX % Rank Quintile
Net Income Ratio 0.67% -2.25% 9.28% 44.07% 4

Capital Gain Distribution Analysis

JHAIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Daily Annually

JHAIX - Managers

Guy Stern

Manager

Start Date

Dec 19, 2011

Tenure

5.53

Tenure Rank

4.6%

Guy is responsible for overseeing the asset allocation of assets in Standard Life Investments multi-asset portfolios, and overall management of the MAI Team. He is Chairman of the Strategic Investment Group. Guy started his investment career with Jefferies and Co and Smith Barney in New York in 1983. He furthered his career in both the United States and Germany before joining Credit Suisse Asset Management as CIO, Multi-Asset Class Solutions in 2002. He joined Standard Life Investments as Head of Multi-Asset Management in April 2008. Guy now has a total of eight years investment experience at Standard Life Investments with 34 years’ experience in the industry.


Tenure Analysis

Category Low

0.1

Category High

28.4

Category Average

5.08

Category Mode

2.5