JCUAX: John Hancock Funds Absolute Return Currency Fund - MutualFunds.com

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JHancock Absolute Return Currency A

JCUAX - Snapshot

Vitals

  • YTD Return 19.1%
  • 3 Yr Annualized Return 4.2%
  • 5 Yr Annualized Return 4.0%
  • Net Assets $355 M
  • Holdings in Top 10 100.0%

52 WEEK LOW AND HIGH

$10.07
$8.35
$10.35

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.43%

SALES FEES

  • Front Load 3.00%
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $1,000
  • IRA N/A

Fund Classification


Compare JCUAX to Popular International Currency Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$25.10

+0.40%

$740.61 M

2.10%

$0.53

-3.58%

0.78%

$7.75

-0.13%

$616.93 M

4.29%

$0.33

-4.79%

0.88%

$10.39

-0.29%

$354.81 M

2.55%

$0.27

19.43%

1.13%

$111.22

-0.32%

$342.22 M

0.00%

$0.00

4.98%

$100.68

-0.23%

$248.68 M

0.00%

$0.00

6.10%

JCUAX - Profile

Distributions

  • YTD Total Return 19.1%
  • 3 Yr Annualized Total Return 3.1%
  • 5 Yr Annualized Total Return 3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.04%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    John Hancock Funds Absolute Return Currency Fund
  • Fund Family Name
    John Hancock
  • Inception Date
    Aug 02, 2010
  • Shares Outstanding
    N/A
  • Share Class
    A
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Dori Levanoni

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.


JCUAX - Performance

Return Ranking - Trailing

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.1% -24.3% 25.4% 16.22%
1 Yr 21.7% -30.4% 22.2% 8.33%
3 Yr 4.2%* -3.6% 4.6% 10.53%
5 Yr 4.0%* -3.4% 4.5% 10.53%
10 Yr 1.8%* -4.7% 2.3% 10.81%

* Annualized

Return Ranking - Calendar

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -100.0% 18.8% 78.05%
2018 -4.7% -33.2% 31.0% 45.83%
2017 -1.9% -12.3% 13.1% 78.95%
2016 11.8% -17.5% 12.2% 10.53%
2015 -4.8% -16.2% 7.0% 48.65%

Total Return Ranking - Trailing

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 19.1% -25.0% 19.8% 10.81%
1 Yr 18.0% -30.4% 22.2% 14.58%
3 Yr 3.1%* -3.6% 4.6% 13.16%
5 Yr 3.4%* -3.4% 4.5% 10.53%
10 Yr 1.5%* -4.7% 2.3% 10.81%

* Annualized

Total Return Ranking - Calendar

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -100.0% 18.8% 80.49%
2018 -4.7% -33.2% 31.0% 45.83%
2017 -1.9% -12.3% 13.1% 78.95%
2016 11.8% -17.5% 12.2% 10.53%
2015 -4.8% -16.2% 7.0% 48.65%

NAV & Total Return History


JCUAX - Holdings

Concentration Analysis

JCUAX Category Low Category High JCUAX % Rank
Net Assets 355 M 176 K 741 M 10.42%
Number of Holdings 5 1 608 37.50%
Net Assets in Top 10 336 M 0 741 M 8.33%
Weighting of Top 10 100.00% 37.4% 100.0% 11.76%

Top 10 Holdings

  1. United States Treasury Bills 0.01% 59.43%
  2. United States Treasury Bills 0.01% 54.46%
  3. United States Treasury Bills 0.01% 34.18%
  4. State Street Instl Trs Pls MMkt Invsmt 6.39%

Asset Allocation

Weighting Return Low Return High JCUAX % Rank
Cash
100.00% 81.13% 157.70% 25.00%
Stocks
0.00% 0.00% 0.00% 16.67%
Preferred Stocks
0.00% 0.00% 0.00% 16.67%
Other
0.00% 0.00% 0.04% 29.17%
Convertible Bonds
0.00% 0.00% 18.87% 41.67%
Bonds
0.00% -57.88% 4.69% 33.33%

JCUAX - Expenses

Operational Fees

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.43% 0.40% 6.66% 21.43%
Management Fee 0.88% 0.40% 1.50% 54.17%
12b-1 Fee 0.30% 0.00% 1.00% 75.00%
Administrative Fee N/A 0.05% 0.55% N/A

Sales Fees

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.00% 3.00% 3.75% 100.00%
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

JCUAX 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.

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 84.00% 14.29%

JCUAX - Distributions

Dividend Yield Analysis

JCUAX Category Low Category High JCUAX % Rank
Dividend Yield 0.00% 0.00% 3.12% 29.17%

Dividend Distribution Analysis

JCUAX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

JCUAX Category Low Category High JCUAX % Rank
Net Income Ratio -0.04% -1.82% 4.19% 72.22%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

JCUAX - Fund Manager Analysis

Managers

Dori Levanoni


Start Date

Tenure

Tenure Rank

Aug 02, 2010

10.17

10.2%

Dori Levanoni is a senior member of First Quadrant’s Investments team. In his more than two decades with First Quadrant, Dori has been involved in nearly every aspect of the firm’s investment process, contributing to research, risk measurement, risk allocation, portfolio optimization, trading, and portfolio management. Dori has played an integral role as portfolio manager for a number of strategies across the firm’s global macro and global equity platforms, and has also contributed his insights to various research projects, journals, publications and speaking engagements. Dori began his career at First Quadrant in 1991, spending a brief period in the mid-1990s researching in the Department of Anatomy and Neurobiology at Washington University in St. Louis, before returning to the firm for the remainder of his tenure.

Jeppe Ladekarl


Start Date

Tenure

Tenure Rank

May 25, 2012

8.36

8.4%

Jeppe Ladekarl is a co-Chief Investment Officer and Partner of First Quadrant. Prior to joining the firm in 2009, he was the Principal Portfolio Manager for the currency and GTAA portfolios managed by the World Bank Pension and Endowments Department. He also managed the team that allocates funds to external GTAA and active currency managers, and was responsible for the internally managed global macro strategy. Mr. Ladekarl also worked in the World Bank's Financial Sector Operations and Policy group conducting financial sector policy research and providing advice to emerging market governments on financial sector issues. Before joining the World Bank, Mr. Ladekarl was a Special Advisor at the Danish Central Bank holding various positions in the Monetary Policy and Capital Markets Departments. Mr. Ladekarl has published on various debt management, ALM, mortgage bonds, currency, emerging markets and international portfolio investment topics. He holds a MSc in economics from the University of Copenhagen.

Tenure Analysis

Category Low Category High Category Average Category Mode
1.42 14.82 7.9 2.8