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Name

As of 10/29/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

John Hancock Funds II - Absolute Return Currency Fund Class R4

JARRX | Fund

$9.03

$882 M

0.00%

0.01%

Vitals

YTD Return

N/A

1 yr return

N/A

3 Yr Avg Return

N/A

5 Yr Avg Return

N/A

Net Assets

$882 M

Holdings in Top 10

105.8%

52 WEEK LOW AND HIGH

$9.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.01%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover N/A

Redemption Fee N/A

Min Investment

Standard (Taxable)

N/A

IRA

N/A

Fund Classification

Fund Type

Exchange Traded Fund

Name

As of 10/29/2019

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

John Hancock Funds II - Absolute Return Currency Fund Class R4

JARRX | Fund

$9.03

$882 M

0.00%

0.01%

JARRX - Profile

Distributions

  • YTD Total Return N/A
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio N/A
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    John Hancock Funds II - Absolute Return Currency Fund Class R4
  • Fund Family Name
    John Hancock Group of Funds
  • Inception Date
    N/A
  • Shares Outstanding
    N/A
  • Share Class
    N/A
  • Currency
    USD
  • Domiciled Country
    US

Fund Description

Under normal market conditions, at least 80% of the value of the fund’s net assets, including borrowings for investment purposes, if any, will be exposed to currency through currency forwards and other currency transactions, such as spot currency transactions and currency options. The fund’s assets that are not used to purchase currency forwards and other currency instruments will be invested in investment-grade debt securities with maturities of one year or less. The fund seeks to achieve positive absolute returns (positive returns regardless of market conditions) through the income produced by the debt securities and any net gains resulting from fluctuations in the values of currencies. Net losses on currency transactions will reduce positive absolute returns.
Investment-grade debt securities are securities that are rated in one of the four highest rating categories as determined by a nationally recognized statistical rating organization, such as S&P Global Ratings (“S&P”), Fitch Ratings (“Fitch”) or Moody’s Investors Service, Inc. (“Moody’s”), or their
unrated equivalents. Such securities include U.S. government securities, including U.S. Treasuries, and cash equivalents. The fund’s investment policies are based on credit ratings at the time of purchase.
The fund may be exposed to currencies of developed and emerging market countries that, in the manager’s opinion, have liquid currency markets. The fund seeks returns (alpha) that are not correlated to market movements. The manager uses a systematic, model-based approach to seek to exploit factors that drive the relative value of currency markets such as changes in short- and long-term interest rates, capital flows, trade flows, and supply/demand pressures. The investment models may not protect against or capture certain extraordinary sudden market events such as U.S. or foreign government actions or interventions, and as a result may not be as effective during these periods. The portfolio management team maintains ultimate discretion over the investment modeling and decision-making.
The fund may utilize various hedging and other strategic transactions, including derivative currency transactions such as currency forwards, cross currency forwards, and options on currencies. The fund’s derivative transactions will typically be fully collateralized on a net basis and may cause the fund to have net short exposure to a particular currency that is not offset by a long position in another currency. The fund may use derivatives for many purposes, including for hedging and as a substitute for direct investment in securities or other assets.
Among other reasons, the fund’s manager may consider selling a security when its fundamentals deteriorate, its price appears overvalued on a relative or absolute basis, or a more attractive opportunity is identified.
Read More

JARRX - Performance

Return Ranking - Trailing

Period JARRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -10.4% 20.3% 21.54%
1 Yr N/A -7.7% 16.6% 38.46%
3 Yr N/A* -6.5% 3.4% 24.56%
5 Yr N/A* -3.7% 3.6% 43.86%
10 Yr N/A* -6.2% 0.7% N/A

* Annualized

Return Ranking - Calendar

Period JARRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -6.2% 11.3% 84.13%
2022 N/A -15.2% 5.3% 9.68%
2021 N/A -10.9% 18.9% 87.04%
2020 N/A -10.1% 12.2% 7.41%
2019 -4.7% -21.0% 6.8% N/A

Total Return Ranking - Trailing

Period JARRX Return Category Return Low Category Return High Rank in Category (%)
YTD N/A -10.4% 20.3% 21.54%
1 Yr N/A -7.7% 16.6% 38.46%
3 Yr N/A* -6.5% 3.4% 29.82%
5 Yr N/A* -3.7% 3.6% 43.86%
10 Yr N/A* -6.2% 1.8% N/A

* Annualized

Total Return Ranking - Calendar

Period JARRX Return Category Return Low Category Return High Rank in Category (%)
2023 N/A -6.2% 11.3% 84.13%
2022 N/A -15.2% 5.3% 9.68%
2021 N/A -10.9% 18.9% 90.74%
2020 N/A -10.1% 12.2% 7.41%
2019 -4.1% -21.0% 6.8% N/A

NAV & Total Return History

JARRX - Holdings

Concentration Analysis

JARRX Category Low Category High JARRX % Rank
Net Assets 882 M 1.34 M 1.45 B 9.23%
Number of Holdings 750 5 1334 86.15%
Net Assets in Top 10 561 M 325 K 418 M 9.23%
Weighting of Top 10 105.79% 13.8% 100.0% 20.00%

Top 10 Holdings

  1. United States Treasury Bills 42.90%
  2. United States Treasury Bills 39.00%
  3. STATE STR INSTL INVT TR TREASURY PLUS FD INSTL CL 17.24%
  4. United States Treasury Bills 4.28%
  5. SOLD JPY/BOUGHT USD 0.52%
  6. SOLD JPY/BOUGHT USD 0.51%
  7. SOLD JPY/BOUGHT USD 0.51%
  8. SOLD NZD/BOUGHT USD 0.33%
  9. SOLD NZD/BOUGHT USD 0.33%
  10. BOUGHT JPY/SOLD USD 0.17%

Asset Allocation

Weighting Return Low Return High JARRX % Rank
Bonds 		86.18% -57.88% 128.22% 72.31%
Cash 		17.24% -32.58% 157.70% 29.23%
Stocks 		0.00% -0.07% 0.26% 69.23%
Preferred Stocks 		0.00% 0.00% 0.00% 61.54%
Convertible Bonds 		0.00% 0.00% 7.51% 66.15%
Other 		-3.39% 0.00% 5.10% 63.08%

Bond Sector Breakdown

Weighting Return Low Return High JARRX % Rank
Cash & Equivalents 		17.24% 1.55% 100.00% 24.62%
Securitized 		0.00% 0.00% 2.32% 63.08%
Corporate 		0.00% 0.00% 18.94% 95.38%
Municipal 		0.00% 0.00% 0.00% 61.54%
Government 		0.00% 0.00% 94.78% 63.08%
Derivative 		-3.39% 0.00% 65.92% 92.31%

Bond Geographic Breakdown

Weighting Return Low Return High JARRX % Rank
US 		86.18% -43.67% 40.28% 1.54%
Non US 		0.00% -14.21% 110.07% 93.85%

JARRX - Expenses

Operational Fees

JARRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.01% 0.81% 6.48% 75.81%
Management Fee 0.01% 0.65% 1.10% 69.23%
12b-1 Fee N/A 0.00% 1.00% 46.67%
Administrative Fee N/A 0.02% 0.65% N/A

Sales Fees

JARRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

JARRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A N/A N/A N/A

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.

JARRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover N/A 0.00% 197.00% 11.86%

JARRX - Distributions

Dividend Yield Analysis

JARRX Category Low Category High JARRX % Rank
Dividend Yield 0.00% 0.00% 1.74% 61.54%

Dividend Distribution Analysis

JARRX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually Monthly Monthly

Net Income Ratio Analysis

JARRX Category Low Category High JARRX % Rank
Net Income Ratio N/A -0.72% 6.66% 80.00%

Capital Gain Distribution Analysis

JARRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually

Distributions History

View More +

JARRX - Fund Manager Analysis

Tenure Analysis

Category Low Category High Category Average Category Mode
0.5 15.32 5.95 8.97

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