JHancock Absolute Return Currency A
- JCUAX
- Price as of: Feb 25, 2021
-
$9.68
N/A N/A
- Primary Theme
- International Currency
- Fund Company
- John Hancock
- Share Class
JCUAX - Snapshot
Vitals
- YTD Return -1.4%
- 3 Yr Annualized Return 4.3%
- 5 Yr Annualized Return 3.3%
- Net Assets $378 M
- Holdings in Top 10 100.0%
52 WEEK LOW AND HIGH
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
-
Primary Theme
International Currency
- Fund Type Open End Mutual Fund
- Investment Style Multicurrency
JCUAX - Profile
Distributions
- YTD Total Return -1.4%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 2.7%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -0.04%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameJohn Hancock Funds Absolute Return Currency Fund
-
Fund Family NameJohn Hancock
-
Inception DateAug 02, 2010
-
Shares OutstandingN/A
-
Share ClassA
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDori 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 | -1.4% | -58.7% | 69.9% | 81.48% |
1 Yr | 16.7% | -9.6% | 17.2% | 10.53% |
3 Yr | 4.3%* | -3.9% | 4.8% | 10.53% |
5 Yr | 3.3%* | -2.6% | 4.5% | 18.42% |
10 Yr | 1.8%* | -4.5% | 2.3% | 13.51% |
* Annualized
Return Ranking - Calendar
Period | JCUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 18.0% | -36.7% | 25.4% | 18.52% |
2019 | -4.7% | -100.0% | 15.2% | 87.10% |
2018 | -4.7% | -19.2% | 9.4% | 44.74% |
2017 | -1.9% | -12.3% | 13.1% | 78.95% |
2016 | 11.8% | -17.5% | 12.2% | 10.53% |
Total Return Ranking - Trailing
Period | JCUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -58.7% | 69.9% | 81.48% |
1 Yr | 13.2% | -9.6% | 17.2% | 15.79% |
3 Yr | 3.3%* | -3.9% | 4.8% | 13.16% |
5 Yr | 2.7%* | -2.6% | 4.5% | 23.68% |
10 Yr | 1.5%* | -4.5% | 2.3% | 13.51% |
* Annualized
Total Return Ranking - Calendar
Period | JCUAX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2020 | 18.0% | -36.7% | 18.5% | 14.81% |
2019 | -4.7% | -100.0% | 17.3% | 90.32% |
2018 | -4.7% | -19.2% | 9.4% | 44.74% |
2017 | -1.9% | -12.3% | 13.1% | 78.95% |
2016 | 11.8% | -17.5% | 12.2% | 10.53% |
NAV & Total Return History
JCUAX - Holdings
Concentration Analysis
JCUAX | Category Low | Category High | JCUAX % Rank | |
---|---|---|---|---|
Net Assets | 378 M | 164 K | 618 M | 10.53% |
Number of Holdings | 5 | 1 | 515 | 45.83% |
Net Assets in Top 10 | 371 M | 0 | 439 M | 16.67% |
Weighting of Top 10 | 100.00% | 50.0% | 100.0% | 5.56% |
Top 10 Holdings
- United States Treasury Bills 0.01% 55.81%
- United States Treasury Bills 0.01% 54.46%
- United States Treasury Bills 0.01% 53.98%
- United States Treasury Bills 0.01% 39.13%
- United States Treasury Bills 0.01% 35.93%
- United States Treasury Bills 0.01% 32.03%
- State Street Instl Trs Pls MMkt Invsmt 6.90%
Asset Allocation
Weighting | Return Low | Return High | JCUAX % Rank | |
---|---|---|---|---|
Cash | 100.00% | 73.32% | 115.81% | 16.67% |
Stocks | 0.00% | 0.00% | 0.00% | 4.17% |
Preferred Stocks | 0.00% | 0.00% | 0.00% | 4.17% |
Other | 0.00% | 0.00% | 0.05% | 16.67% |
Convertible Bonds | 0.00% | 0.00% | 0.06% | 16.67% |
Bonds | 0.00% | -15.93% | 26.68% | 29.17% |
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 | 0.91% | 0.40% | 1.00% | 84.21% |
12b-1 Fee | 0.30% | 0.00% | 1.00% | 70.00% |
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% | 266.00% | 7.14% |
JCUAX - Distributions
Dividend Yield Analysis
JCUAX | Category Low | Category High | JCUAX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 0.07% | 13.16% |
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 |
JCUAX - Fund Manager Analysis
Managers
Dori Levanoni
Start Date
Tenure
Tenure Rank
Aug 02, 2010
10.51
10.5%
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
8.69
8.7%
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 |
---|---|---|---|
0.08 | 15.16 | 8.16 | 13.75 |