JCUAX: JHancock Absolute Return Currency A

Welcome to MutualFunds.com

Please help us personalize your experience and select the one that best describes you.

Your personalized experience is almost ready.

Join other Individual Investors receiving FREE personalized market updates and research. Join other Institutional Investors receiving FREE personalized market updates and research. Join other Financial Advisors receiving FREE personalized market updates and research.

Thank you!

Check your email and confirm your subscription to complete your personalized experience.

Thank you for your submission

We hope you enjoy your experience

Channels

Find the latest content and information here about the 2019 Charles Schwab Impact Conference.

Advisors

Receive email updates about fund flows, news, upcoming CE accredited webcasts from industry thought leaders and more.

Content focused on helping financial advisors build successful client relationships and grow their business.

Content geared towards helping financial advisors build better client portfolios.

Get insights on the industry trends and investment news from leading fund managers and experts.

JCUAX JHancock Absolute Return Currency A


Profile

JCUAX - Profile

Vitals

  • YTD Return 15.5%
  • 3 Yr Annualized Return 0.2%
  • 5 Yr Annualized Return 3.5%
  • Net Assets $391 M
  • Holdings in Top 10 N/A

52 WEEK LOW AND HIGH

$9.75
$8.35
$9.98

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

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 Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multicurrency

Distributions

  • YTD Total Return 15.5%
  • 3 Yr Annualized Total Return 0.2%
  • 5 Yr Annualized Total Return 3.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.92%
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.


Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.


Categories

Performance

JCUAX - Performance

Return Ranking - Trailing

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -13.6% 15.8% 6.15%
1 Yr 12.7% -10.5% 13.0% 7.94%
3 Yr 0.2%* -7.4% 1.7% 11.11%
5 Yr 3.5%* -5.3% 3.8% 7.69%
10 Yr N/A* -5.5% 0.0% N/A

* Annualized

Return Ranking - Calendar

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -6.2% 11.3% 93.65%
2018 -4.7% -15.2% 5.3% 12.90%
2017 -1.9% -10.9% 18.9% 90.74%
2016 11.8% -10.1% 12.2% 12.96%
2015 -4.8% -21.0% 6.8% 12.00%

Total Return Ranking - Trailing

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
YTD 15.5% -13.6% 15.8% 6.15%
1 Yr 12.7% -10.5% 13.0% 7.94%
3 Yr 0.2%* -7.4% 1.7% 14.81%
5 Yr 3.5%* -5.3% 3.8% 7.69%
10 Yr N/A* -5.5% 0.0% N/A

* Annualized

Total Return Ranking - Calendar

Period JCUAX Return Category Return Low Category Return High Rank in Category (%)
2019 -4.7% -6.2% 11.3% 93.65%
2018 -4.7% -15.2% 5.3% 12.90%
2017 -1.9% -10.9% 18.9% 94.44%
2016 11.8% -10.1% 12.2% 12.96%
2015 -4.8% -21.0% 6.8% 12.00%

NAV & Total Return History


Holdings

JCUAX - Holdings

Concentration Analysis

JCUAX Category Low Category High JCUAX % Rank
Net Assets 391 M 835 K 1.62 B 21.54%
Number of Holdings 6 5 1205 89.23%
Net Assets in Top 10 0 0 513 M 92.31%
Weighting of Top 10 N/A 13.0% 83.6% 91.18%

Top 10 Holdings

  1. United States Treasury Bills 0.01% 3.10%

Asset Allocation

Weighting Return Low Return High JCUAX % Rank
Cash
100.00% -8.50% 100.00% 6.15%
Stocks
0.00% 0.00% 0.37% 56.92%
Preferred Stocks
0.00% 0.00% 0.00% 47.69%
Other
0.00% 0.00% 9.87% 55.38%
Convertible Bonds
0.00% 0.00% 0.61% 58.46%
Bonds
0.00% 0.00% 107.93% 92.31%

Expenses

JCUAX - Expenses

Operational Fees

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.81% 4.82% 53.33%
Management Fee 0.88% 0.65% 1.10% 72.31%
12b-1 Fee 0.30% 0.00% 1.00% 68.89%
Administrative Fee N/A 0.02% 0.65% N/A

Sales Fees

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load 3.00% 2.25% 5.75% 75.00%
Deferred Load N/A 1.00% 4.00% N/A

Trading Fees

JCUAX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 2.00% 2.00% 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% 136.00% 6.78%

Distributions

JCUAX - Distributions

Dividend Yield Analysis

JCUAX Category Low Category High JCUAX % Rank
Dividend Yield 0.00% 0.00% 1.80% 69.23%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

JCUAX Category Low Category High JCUAX % Rank
Net Income Ratio 0.92% -0.88% 6.66% 84.13%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JCUAX - Fund Manager Analysis

Managers

Dori Levanoni


Start Date

Tenure

Tenure Rank

Aug 02, 2010

9.75

9.8%

Dori Levanoni is a partner and senior member of First Quadrant's investment team. He is involved in all aspects of product development: model building, risk measurement, risk allocation, and portfolio optimization. Dori first joined First Quadrant in 1991 as a Research Intern while studying Physics at Caltech. He became a full-time employee in 1993, but in 1995 left for the Department of Anatomy and Neurobiology at Washington University in St. Louis. In 1996 he returned to First Quadrant as Head of Systems. In 1998 he joined the firm’s Investment Research team, subsequently becoming the Manager of Currency Research at the end of 1999, Director and Currency Product Strategist in 2002, Co-Director of Global Derivatives in 2005, and Partner in 2006.

Jeppe Ladekarl


Start Date

Tenure

Tenure Rank

May 25, 2012

7.94

7.9%

Jeppe Ladekarl is a partner and senior member of First Quadrant's investment team. 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.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.16 14.98 5.52 6.01