JDJRX: JHancock Diversified Macro Fund

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JDJRX JHancock Diversified Macro Fund


Profile

JDJRX - Profile

Vitals

  • YTD Return 0.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $245 M
  • Holdings in Top 10 75.3%

52 WEEK LOW AND HIGH

$9.80
$9.57
$10.51

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.48%

SALES FEES

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

BROKERAGE FEES

  • Turnover 0.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

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

Fund Classification

  • Primary Caregory
  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return 0.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.59%
DIVIDENDS
  • Dividend Yield 3.8%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    JHancock Diversified Macro Fund
  • Fund Family Name
    John Hancock
  • Inception Date
    Jul 29, 2019
  • Shares Outstanding
    N/A
  • Share Class
    Retirement
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Kenneth Tropin

Fund Description

The fund pursues its investment objective by utilizing a multi-asset, quantitatively-driven investment strategy that seeks to provide exposure to diversified sources of return. The manager will allocate the fund's assets across a range of asset classes comprising equities, fixed income, foreign currencies, and commodities. The fund is generally intended to have a low correlation to the equity and bond markets.


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Categories

JDJRX - Mutual Fund Categories


Performance

JDJRX - Performance

Return Ranking - Trailing

Period JDJRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -12.0% 2.6% 57.14%
1 Yr N/A -38.4% 6.5% N/A
3 Yr N/A* -25.6% -3.7% N/A
5 Yr N/A* -7.2% -7.2% N/A
10 Yr N/A* -1.9% -1.9% N/A

* Annualized

Return Ranking - Calendar

Period JDJRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -39.4% 14.8% N/A
2018 N/A -22.9% 3.3% N/A
2017 N/A -30.7% 1.1% N/A
2016 N/A -3.7% -0.4% N/A
2015 N/A -24.0% -24.0% N/A

Total Return Ranking - Trailing

Period JDJRX Return Category Return Low Category Return High Rank in Category (%)
YTD 0.0% -12.0% 2.6% 57.14%
1 Yr N/A -38.4% 6.5% N/A
3 Yr N/A* -25.6% -3.7% N/A
5 Yr N/A* -7.2% -7.2% N/A
10 Yr N/A* -1.9% -1.9% N/A

* Annualized

Total Return Ranking - Calendar

Period JDJRX Return Category Return Low Category Return High Rank in Category (%)
2019 N/A -39.4% 14.8% N/A
2018 N/A -22.9% 3.3% N/A
2017 N/A -30.7% 1.1% N/A
2016 N/A -3.7% -0.4% N/A
2015 N/A -24.0% -24.0% N/A

NAV & Total Return History


Holdings

JDJRX - Holdings

Concentration Analysis

JDJRX Category Low Category High JDJRX % Rank
Net Assets 245 M 84.8 K 245 M 57.14%
Number of Holdings 27 5 57 71.43%
Net Assets in Top 10 740 M -4.2 M 740 M 57.14%
Weighting of Top 10 75.31% 41.6% 151.5% 85.71%

Top 10 Holdings

  1. 90day Euro$ Fut Dec20 21.64%
  2. 90 Day Sterling Future Dec20 11.55%
  3. Future on 5 Year Treasury Note 11.20%
  4. 10 Year Treasury Note Future Mar20 7.67%
  5. US Treasury Bond Future Mar20 4.66%
  6. Long Gilt Fut Mar20 4.22%
  7. FTSE 100 Index Future Dec19 3.90%
  8. Dax Future Dec19 3.67%
  9. TOPIX Future Dec19 3.43%
  10. Nikkei 225 Future Dec19 3.36%

Asset Allocation

Weighting Return Low Return High JDJRX % Rank
Bonds
65.44% 0.00% 65.44% 57.14%
Stocks
21.86% -136.16% 65.93% 71.43%
Cash
11.30% 6.23% 251.53% 85.71%
Other
1.40% -15.37% 1.40% 57.14%
Preferred Stocks
0.00% 0.00% 0.00% 100.00%
Convertible Bonds
0.00% 0.00% 0.00% 100.00%

Stock Sector Breakdown

Weighting Return Low Return High JDJRX % Rank
Financial Services
16.64% 0.00% 16.64% 80.00%
Consumer Cyclical
13.08% 0.00% 13.08% 80.00%
Industrials
11.50% 11.49% 11.50% 80.00%
Healthcare
11.41% 0.00% 11.41% 80.00%
Consumer Defense
10.43% 0.00% 10.43% 80.00%
Basic Materials
10.43% 0.00% 10.43% 80.00%
Technology
8.97% 0.00% 8.97% 80.00%
Energy
7.06% 7.06% 26.97% 100.00%
Communication Services
5.98% 0.00% 5.98% 80.00%
Utilities
3.34% 3.34% 61.54% 100.00%
Real Estate
1.17% 0.00% 1.17% 80.00%

Stock Geographic Breakdown

Weighting Return Low Return High JDJRX % Rank
Non US
19.45% 0.00% 52.84% 71.43%
US
2.41% -136.16% 13.09% 71.43%

Expenses

JDJRX - Expenses

Operational Fees

JDJRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.48% 1.48% 3.15% 100.00%
Management Fee 1.20% 0.75% 1.20% 100.00%
12b-1 Fee 0.00% 0.00% 1.00% 33.33%
Administrative Fee N/A N/A N/A N/A

Sales Fees

JDJRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 5.00% 5.00% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

JDJRX 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.

JDJRX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 0.00% 0.00% 153.00% 85.71%

Distributions

JDJRX - Distributions

Dividend Yield Analysis

JDJRX Category Low Category High JDJRX % Rank
Dividend Yield 3.78% 2.49% 8.90% 71.43%

Dividend Distribution Analysis

JDJRX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

JDJRX Category Low Category High JDJRX % Rank
Net Income Ratio 0.59% -0.52% 7.57% 57.14%

Capital Gain Distribution Analysis

JDJRX Category Low Category High Capital Mode
Capital Gain Distribution Frequency

Dividend Payout History

View More +

Fund Manager Analysis

JDJRX - Fund Manager Analysis

Managers

Kenneth Tropin


Start Date

Tenure

Tenure Rank

Jul 29, 2019

0.51

0.5%

Kenneth G. Tropin is Chairman, Founder and a Principal of Graham Capital Management (“GCM”). In May 1994, he founded GCM and became an Associated Person and Principal effective July 27, 1994. Mr. Tropin developed the firm's original trading programs and is responsible for the overall management of the organization, including the investment of its proprietary trading capital. Mr. Tropin’s current responsibilities at Graham include oversight of the Firm’s quantitative research process and discretionary portfolio managers, Chairman of the Firm’s Management and Investment Committees, and Senior Member of the Firm’s Risk and Compliance Committees. Additionally, Mr. Tropin is responsible for managing the strategic investment of the Firm’s proprietary capital. Prior to founding Graham, Mr. Tropin had significant experience in the alternative investment industry, including 5 years (1989-1993) as President and Chief Executive Officer of John W. Henry & Company, Inc. and 8 years (1981-1989) as Senior Vice President and Director of Managed Futures at Dean Witter Reynolds. Mr. Tropin has also served as Chairman of the Managed Funds Association and its predecessor organization, which he was instrumental in founding during the 1980’s.

Pablo Calderini


Start Date

Tenure

Tenure Rank

Jul 29, 2019

0.51

0.5%

Pablo Calderini is the President and Chief Investment Officer of GCM and, among other things, is responsible for the management and oversight of the discretionary and systematic trading businesses at GCM. He joined GCM in August 2010 and became an Associated Person and Principal of GCM effective August 13, 2010. Prior to joining GCM, Mr. Calderini worked at Deutsche Bank from June 1997 to July 2010 where he held positions of increasing responsibility, most recently the Global Head of Equity Proprietary Trading. Mr. Calderini commenced his career at Deutsche Bank as Global Head of Emerging Markets. During his tenure at Deutsche Bank, Mr. Calderini also helped manage several groups across the fixed income and equity platforms, including the Global Credit Derivatives Team. Mr. Calderini received a B.A. in Economics from Universidad Nacional de Rosario in 1987 and a Masters in Economics from Universidad del Cema in 1988, each in Argentina.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.51 6.08 2.79 0.51