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Trending ETFs

Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

Vitals

YTD Return

3.9%

1 yr return

-10.3%

3 Yr Avg Return

-5.7%

5 Yr Avg Return

-6.0%

Net Assets

$6.14 B

Holdings in Top 10

N/A

52 WEEK LOW AND HIGH

$11.2
$10.73
$12.80

Expenses

OPERATING FEES

Expense Ratio 0.81%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 12.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

Price

Aum/Mkt Cap

YIELD

Exp Ratio

Watchlist

JELGX - Profile

Distributions

  • YTD Total Return 3.9%
  • 3 Yr Annualized Total Return -5.7%
  • 5 Yr Annualized Total Return -3.9%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.64%
DIVIDENDS
  • Dividend Yield 2.2%
  • Dividend Distribution Frequency Semi-Annually

Fund Details

  • Legal Name
    John Hancock Variable Insurance Trust Managed Volatility Growth Portfolio
  • Fund Family Name
    John Hancock
  • Inception Date
    Jan 07, 1997
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Nathan Thooft

Fund Description

The Managed Volatility Growth Portfolio, except as otherwise described below, normally invests primarily in underlying funds that invest primarily in equity securities (“Equity Funds”) and underlying funds that invest primarily in fixed-income securities (“Fixed-Income Funds”). The fund may also use certain risk management techniques to seek to manage the volatility of returns (i.e., standard deviation) and limit the magnitude of portfolio losses.
As described below, the fund may directly hold derivative instruments and collateral for these derivative instruments. The fund’s economic exposure to equities and fixed-income securities may fluctuate due to its risk management strategy as noted below. The fund may employ a risk management strategy to attempt to manage the volatility of returns and limit the magnitude of portfolio losses. The risk management strategy may cause the fund’s economic exposure to equity securities, fixed-income securities and cash and cash equivalents (either directly or through investment in underlying funds or derivatives) to fluctuate, and during extreme market volatility, the fund’s economic exposure to either equity or fixed-income securities could be reduced to 0% and its economic exposure to cash and cash equivalents could increase to 100%. The subadvisor normally will seek to limit the fund’s exposure to equity securities (either directly or through investment in underlying funds or derivatives) to no more than 77% and normally will seek to reduce any equity exposure in excess of this amount as soon as practicable. However, the subadvisor may determine in light of market or economic conditions that the limit should be exceeded to achieve the fund’s investment objective.
The fund seeks long term growth of capital while attempting to manage the volatility of returns and limit the magnitude of portfolio losses. The fund seeks to limit the volatility of returns to a range of 11% to 13% (as measured by annualized standard deviation of the fund’s returns). However, during periods of prolonged low market volatility the actual volatility experienced by the fund may fall below the range due to maximum limits on equity and fixed-income exposures.
Volatility is a measure of the magnitude of up and down fluctuations in the fund’s NAV over time as measured by the annualized standard deviation of its returns. Higher volatility generally indicates higher risk. The more a fund’s returns vary from the fund’s average return, the more volatile the fund and the higher the standard deviation. The purpose of managing the volatility of returns is to attempt to limit exposure to more volatile asset classes, including both equities and fixed-income asset classes, during periods of high volatility and protect the fund from losses during market declines. The fund also seeks to limit the magnitude of portfolio losses in order to limit exposure during market declines. There can be no assurance that the risk management strategy will be successful in managing the volatility of returns and limit the magnitude of portfolio losses.
In seeking to manage the volatility of returns and limit the magnitude of portfolio losses, the fund may employ certain risk management techniques using derivative instruments and may reallocate assets between the underlying Equity and Fixed-Income Funds. These derivatives may be used to increase or decrease the fund’s net equity exposure and will typically consist of stock index futures, but may also include stock index options, options on stock index futures, and stock index swaps. The fund may also employ risk management techniques using derivatives that may increase or decrease the fund’s exposure to certain types of fixed-income securities. These instruments may include government bond futures, swaps, and credit default swaps. For more information about these derivative instruments in which the fund may invest, please see the “Hedging And Other Strategic Transactions” risk section in the Statement of Additional Information. Fund assets employed for its risk management strategy include not only derivative instruments but also fixed-income instruments, used to cover derivative positions. Because equity and fixed-income derivative instruments may be purchased with a fraction of the assets that would be needed to purchase the securities directly, the remainder of the assets used for the risk management strategy will be invested in a variety of fixed-income instruments. The fund may be required to hold cash or other liquid assets and post these assets with a broker as collateral to cover its obligation under the futures contracts. The fund’s risk management strategy could limit the upside participation of the fund in strong, rising markets with high volatility and could underperform funds that do not use a risk management strategy.
The use of derivatives may be combined with asset allocation techniques. The timing and extent of these techniques will depend on several factors, including market movements. In general, when equity markets are more volatile or are declining, assets may be reallocated to Fixed-Income Funds, cash and/or cash equivalents, and short positions in equity derivative instruments. When equity markets rise, or if volatility is lower, assets may be reallocated to Equity Funds and stock index futures, options, and swaps. Similarly, if fixed-income markets are volatile or are declining, assets may be reallocated to Equity Funds, cash and cash equivalents, and short positions in fixed-income derivative instruments. Even in periods of low volatility, the subadvisor may continue to use risk management techniques to protect against sudden market movements, preserve gains after favorable market conditions, and reduce losses in adverse market conditions. Due to the leverage provided by derivatives, the notional value of the fund’s derivative positions could exceed 100% of the fund’s assets.
In determining when to employ risk management techniques and/or reallocate assets between Equity Funds and Fixed-Income Funds, the subadvisor may use quantitative models that use historical factors such as market movements, and historical changes in the NAV of the fund to make this determination.
The subadvisor selects the percentage level to be maintained in specific underlying Equity Funds and Fixed-Income Funds, and cash and cash equivalents and may from time to time change the allocation in specific underlying funds or rebalance the underlying funds. From time to time, a significant portion of the fund’s underlying fixed income assets may be managed by an affiliated subadvisor. To maintain a target allocation in the underlying funds, daily cash flows for the fund may be directed to its underlying funds that most deviate from target.
The fund may invest in various Equity Funds that as a group hold a wide range of equity type securities. These include small-, mid- and large-capitalization stocks, domestic and foreign securities (including emerging market securities), and sector holdings such as utilities, science, and technology stocks. Each of these Equity Funds has its own investment strategy which, for example, may focus on growth stocks or value stocks or may employ a strategy combining growth and income stocks and/or may invest in derivatives such as options on securities and futures contracts. The fund may also invest in Fixed-Income Funds that as a group hold a wide range of fixed-income securities including investment grade and below-investment-grade debt securities with maturities that range from short to longer term. The Fixed-Income Funds collectively hold various types of debt instruments, such as corporate bonds and mortgage backed, government issued, domestic and international securities. Equity Funds and Fixed-Income Funds may include funds that employ a passive investment style (i.e., index funds and exchange-traded funds (ETFs)) and at times most of the fund’s assets may be invested in index funds.
The fund may also invest in the securities of other investment companies including ETFs and may invest directly in other types of investments, such as equity and fixed-income securities including U.S. government securities, closed-end funds, exchange-traded notes, and partnerships. See “Other Permitted Investments by the Funds of Funds.” The fund may also engage in short selling. The fund may engage in active and frequent trading of portfolio securities and other instruments to achieve its primary investment strategies.
The fund bears its own expenses and, in addition, indirectly bears its proportionate share of the expenses of the underlying funds in which it invests.
Use of Risk Management and Other Strategic Transactions. In addition to the risk management techniques described above, the fund is authorized to use other investment strategies referred to under “Hedging And Other Strategic Transactions” risk section including, without limitation, investing in foreign currency forward contracts, futures contracts including stock index and foreign currency futures, swaps including interest rate swaps, stock index swaps and credit default swaps and options including stock index options and options on stock index futures, among others.
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JELGX - Performance

Return Ranking - Trailing

Period JELGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -21.1% 20.0% 83.02%
1 Yr -10.3% -28.9% 45.2% 47.44%
3 Yr -5.7%* -8.7% 14.4% 96.55%
5 Yr -6.0%* -9.4% 11.4% 94.87%
10 Yr -1.2%* -6.1% 10.9% 89.90%

* Annualized

Return Ranking - Calendar

Period JELGX Return Category Return Low Category Return High Rank in Category (%)
2022 -18.8% -37.4% 14.2% 36.01%
2021 5.1% -5.0% 24.1% 32.67%
2020 -3.2% -19.3% 21.3% 95.83%
2019 2.1% -18.2% 16.6% 86.74%
2018 -3.5% -6.1% 15.0% 64.81%

Total Return Ranking - Trailing

Period JELGX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.9% -21.1% 20.0% 83.02%
1 Yr -10.3% -28.9% 58.7% 49.85%
3 Yr -5.7%* -8.7% 22.1% 96.76%
5 Yr -3.9%* -9.4% 16.4% 85.02%
10 Yr 1.7%* -2.6% 10.9% 83.96%

* Annualized

Total Return Ranking - Calendar

Period JELGX Return Category Return Low Category Return High Rank in Category (%)
2022 -18.8% -37.4% 14.2% 36.01%
2021 5.1% -5.0% 24.1% 32.67%
2020 -3.2% -19.3% 21.3% 95.83%
2019 2.1% -10.8% 16.6% 86.74%
2018 -1.3% -6.1% 19.3% 14.44%

NAV & Total Return History


JELGX - Holdings

Concentration Analysis

JELGX Category Low Category High JELGX % Rank
Net Assets 6.14 B 963 K 126 B 24.92%
Number of Holdings 42 4 7731 42.56%
Net Assets in Top 10 3.82 B 2.04 K 28.9 B 18.45%
Weighting of Top 10 N/A 13.3% 100.0% 17.09%

Top 10 Holdings

  1. JHVIT Strategic Equity Allocation NAV 45.31%
  2. Future on S&P 500 PR Sep20 39.58%
  3. Future on S&P 500 PR Sep20 39.58%
  4. Future on S&P 500 PR Sep20 39.58%
  5. Future on S&P 500 PR Sep20 39.58%
  6. Future on S&P 500 PR Sep20 39.58%
  7. Future on S&P 500 PR Sep20 39.58%
  8. Future on S&P 500 PR Sep20 39.58%
  9. Future on S&P 500 PR Sep20 39.58%
  10. Future on S&P 500 PR Sep20 39.58%

Asset Allocation

Weighting Return Low Return High JELGX % Rank
Stocks
57.56% 0.19% 99.72% 94.94%
Bonds
41.13% 0.00% 91.12% 1.79%
Convertible Bonds
0.69% 0.00% 26.48% 23.21%
Cash
0.46% -7.71% 88.33% 87.20%
Preferred Stocks
0.18% 0.00% 26.97% 44.05%
Other
-0.01% -2.66% 17.60% 93.15%

Stock Sector Breakdown

Weighting Return Low Return High JELGX % Rank
Technology
18.84% 0.00% 52.93% 44.94%
Financial Services
15.80% 0.01% 52.80% 37.50%
Consumer Cyclical
12.17% 0.00% 22.75% 6.25%
Healthcare
12.06% 0.00% 36.30% 66.07%
Industrials
10.35% 0.02% 51.90% 50.89%
Communication Services
8.34% 0.00% 26.62% 24.40%
Consumer Defense
6.70% 0.00% 27.24% 47.92%
Basic Materials
4.77% 0.00% 44.18% 34.23%
Energy
4.20% 0.00% 39.46% 66.07%
Real Estate
3.65% 0.00% 33.86% 58.04%
Utilities
3.12% 0.00% 31.67% 36.31%

Stock Geographic Breakdown

Weighting Return Low Return High JELGX % Rank
US
39.44% 0.19% 96.85% 94.05%
Non US
18.12% 0.00% 38.11% 61.31%

Bond Sector Breakdown

Weighting Return Low Return High JELGX % Rank
Securitized
37.97% 0.00% 37.97% 0.30%
Corporate
32.92% 0.00% 100.00% 45.83%
Cash & Equivalents
15.86% 0.00% 100.00% 59.82%
Government
12.52% 0.00% 99.71% 68.45%
Municipal
0.74% 0.00% 17.02% 21.13%
Derivative
0.00% 0.00% 38.84% 83.33%

Bond Geographic Breakdown

Weighting Return Low Return High JELGX % Rank
US
38.34% 0.00% 91.12% 1.79%
Non US
2.79% 0.00% 18.39% 39.88%

JELGX - Expenses

Operational Fees

JELGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.81% 0.11% 3.15% 64.50%
Management Fee 0.18% 0.00% 1.25% 40.19%
12b-1 Fee 0.05% 0.00% 1.00% 13.30%
Administrative Fee 0.25% 0.01% 0.28% 96.55%

Sales Fees

JELGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.00% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JELGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.00% 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.

JELGX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 12.00% 4.00% 398.00% 7.36%

JELGX - Distributions

Dividend Yield Analysis

JELGX Category Low Category High JELGX % Rank
Dividend Yield 2.15% 0.00% 9.69% 77.65%

Dividend Distribution Analysis

JELGX Category Low Category High Category Mod
Dividend Distribution Frequency Semi-Annually Annually Monthly Annually

Net Income Ratio Analysis

JELGX Category Low Category High JELGX % Rank
Net Income Ratio 1.64% -1.12% 6.07% 22.51%

Capital Gain Distribution Analysis

JELGX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Annually Annually

Distributions History

View More +

JELGX - Fund Manager Analysis

Managers

Nathan Thooft


Start Date

Tenure

Tenure Rank

May 15, 2013

9.05

9.1%

Mr. Thooft is a managing Director of Asset Allocation, Portfolio Solutions Group (PSG). He joined John Hancock Investment Management a division of Manulife Investment Management (US) LLC in 2013. Previously, he was Vice President and Director of Investments, Investment Management Services, John Hancock Financial (2008-2011). He began business career in 2000.

Robert Sykes


Start Date

Tenure

Tenure Rank

Feb 20, 2018

4.28

4.3%

Robert Sykes, CFA, is a managing director and portfolio manager with the Asset Allocation Team at John Hancock Investment Management. The Asset Allocation Team is responsible for the development and growth of John Hancock’s asset allocation solutions for individual and institutional investors in the US, Canada and Asia. Solutions include target risk, target date as well as a wide array of strategic, tactical, absolute return multi-asset class portfolios, and highly customized corporate pension plans. Robert assists in the day-to-day monitoring and portfolio management of John Hancock’s Target Risk and Target Date Portfolios and conducts fundamental research across various asset classes and investment strategies. In addition, Robert is active in the portfolio construction process, including asset allocation & manager selection. Prior to joining John Hancock, Robert spent four years at FactSet Research Systems as a senior consultant and portfolio analytics specialist. These analytical roles included consulting in the areas of portfolio construction, performance attribution, and risk analysis for over 40 institutional investment managers. Previously, he served as a financial analyst at Fidelity Investments. Robert is a CFA charterholder, and he is a member of the Boston Security Analysts Society and the CFA Institute. Education: Providence College, BS in Finance (with Distinction), 2001; Boston College, MS in Finance, 2015 Joined Company: 2008 Began Career: 2001

Geoffrey Kelley


Start Date

Tenure

Tenure Rank

Jan 10, 2020

2.39

2.4%

Geoffrey Kelley, CFA. Managing Director of Asset Allocation Team. He joined Manulife IM (US) in 2018 and began business career in 1995.

Jeffrey Wu


Start Date

Tenure

Tenure Rank

Jan 10, 2020

2.39

2.4%

Jeffrey Wu. Director, Portfolio Manager and Senior Derivatives Analyst of Asset Allocation Team. He joined Manulife IM (US) in 2017 and began business career in 2005.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 38.44 7.44 2.41