JHACX: JHancock Global Absolute Ret Strats C

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JHACX JHancock Global Absolute Ret Strats C


Profile

JHACX - Profile

Vitals

  • YTD Return -1.1%
  • 3 Yr Annualized Return -4.5%
  • 5 Yr Annualized Return -4.5%
  • Net Assets $509 M
  • Holdings in Top 10 22.9%

52 WEEK LOW AND HIGH

$8.87
$8.20
$10.31

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.39%

SALES FEES

  • Front Load N/A
  • Deferred Load 1.00%

BROKERAGE FEES

  • Turnover 50.00%

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 Multialternative

Distributions

  • YTD Total Return -1.1%
  • 3 Yr Annualized Total Return -4.5%
  • 5 Yr Annualized Total Return -3.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.35%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    JHancock Multi-Asset Absolute Return Fund
  • Fund Family Name
    John Hancock
  • Inception Date
    Aug 01, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Claus Vorm

Fund Description

The fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in pursuing its investment objective. It may invest in equity and fixed-income securities of companies and government and supranational entities around the world, including in emerging markets. The fund is not subject to any maturity, market capitalization, or credit quality restrictions and may invest in high-yield below-investment-grade bonds (junk bonds) without limitation. It may invest significantly in particular economic sectors.


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Categories

Performance

JHACX - Performance

Return Ranking - Trailing

Period JHACX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -33.1% 25.1% 70.89%
1 Yr -13.7% -31.9% 34.2% 98.18%
3 Yr -4.5%* -14.6% 14.5% 93.95%
5 Yr -4.5%* -11.7% 13.6% 97.46%
10 Yr N/A* -9.4% 18.1% N/A

* Annualized

Return Ranking - Calendar

Period JHACX Return Category Return Low Category Return High Rank in Category (%)
2019 -7.3% -12.0% 45.6% 99.66%
2018 -6.1% -32.7% 10.9% 8.90%
2017 2.8% -9.1% 28.6% 92.97%
2016 -3.6% -43.7% 13.8% 97.50%
2015 -4.8% -19.4% 6.0% 26.86%

Total Return Ranking - Trailing

Period JHACX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.1% -33.1% 25.1% 70.89%
1 Yr -13.7% -31.9% 34.2% 98.18%
3 Yr -4.5%* -14.2% 14.5% 96.49%
5 Yr -3.4%* -11.7% 13.6% 97.60%
10 Yr N/A* -9.4% 18.1% N/A

* Annualized

Total Return Ranking - Calendar

Period JHACX Return Category Return Low Category Return High Rank in Category (%)
2019 -7.3% -12.0% 45.6% 99.66%
2018 -6.1% -32.7% 10.9% 26.22%
2017 2.8% -6.7% 28.6% 94.86%
2016 -3.6% -43.7% 20.7% 98.16%
2015 0.7% -14.9% 8.0% 3.52%

NAV & Total Return History


Holdings

JHACX - Holdings

Concentration Analysis

JHACX Category Low Category High JHACX % Rank
Net Assets 509 M 2.42 M 109 B 59.78%
Number of Holdings 249 4 5262 30.75%
Net Assets in Top 10 124 M -100 M 20 B 68.47%
Weighting of Top 10 22.92% 5.7% 100.0% 79.52%

Top 10 Holdings

  1. Us 10yr Note Fut Sep20 9.65%
  2. Johnson & Johnson 2.28%
  3. Cisco Systems Inc 2.10%
  4. Cigna Corp 1.60%
  5. Comcast Corp Class A 1.52%
  6. AT&T Inc 1.51%
  7. Alphabet Inc A 1.48%
  8. Medtronic PLC 1.47%
  9. Oracle Corp 1.45%
  10. AutoZone Inc 1.36%

Asset Allocation

Weighting Return Low Return High JHACX % Rank
Stocks
71.43% -1.92% 80.06% 15.71%
Bonds
26.09% -34.50% 162.52% 66.81%
Cash
2.48% -79.74% 107.28% 78.21%
Preferred Stocks
0.00% 0.00% 38.23% 99.00%
Other
0.00% -7.97% 95.53% 91.59%
Convertible Bonds
0.00% -0.84% 17.20% 98.67%

Stock Sector Breakdown

Weighting Return Low Return High JHACX % Rank
Healthcare
24.48% 0.00% 50.47% 1.44%
Technology
22.32% 0.00% 88.31% 4.88%
Communication Services
12.89% 0.00% 43.54% 1.89%
Consumer Defense
10.63% 0.00% 26.98% 10.54%
Consumer Cyclical
8.85% 0.00% 26.92% 73.36%
Financial Services
8.41% 0.00% 26.28% 92.34%
Industrials
8.08% 0.00% 31.64% 86.13%
Utilities
2.63% 0.00% 38.45% 80.47%
Real Estate
1.08% 0.00% 82.48% 97.23%
Energy
0.42% 0.00% 100.00% 97.00%
Basic Materials
0.20% 0.00% 18.30% 98.00%

Stock Geographic Breakdown

Weighting Return Low Return High JHACX % Rank
US
45.97% -1.93% 61.27% 21.02%
Non US
25.46% -1.22% 34.22% 15.93%

Bond Sector Breakdown

Weighting Return Low Return High JHACX % Rank
Government
58.09% 0.00% 76.76% 1.66%
Securitized
33.22% 0.00% 66.00% 8.19%
Cash & Equivalents
8.68% -31.57% 100.00% 75.88%
Derivative
0.01% -0.40% 46.39% 60.29%
Corporate
0.00% 0.00% 98.00% 99.67%
Municipal
0.00% 0.00% 47.46% 98.67%

Bond Geographic Breakdown

Weighting Return Low Return High JHACX % Rank
Non US
14.08% -25.01% 75.63% 14.71%
US
12.01% -68.01% 86.89% 91.48%

Expenses

JHACX - Expenses

Operational Fees

JHACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.39% 0.01% 22.24% 6.59%
Management Fee 0.95% 0.00% 1.95% 90.50%
12b-1 Fee 1.00% 0.00% 1.00% 99.46%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

JHACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load 1.00% 1.00% 5.00% 98.63%

Trading Fees

JHACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 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.

JHACX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.00% 0.29% 447.00% 62.18%

Distributions

JHACX - Distributions

Dividend Yield Analysis

JHACX Category Low Category High JHACX % Rank
Dividend Yield 0.00% 0.00% 4.41% 97.57%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

JHACX Category Low Category High JHACX % Rank
Net Income Ratio 1.35% -1.00% 6.29% 74.81%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

JHACX - Fund Manager Analysis

Managers

Claus Vorm


Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.92

0.9%

Claus Vorm holds a Master’s Degree in Mathematics and Economics and a Ph.D. on the Interplay between Insurance and Finance. As part of his academic career, Mr. Vorm worked as an associate professor at the Laboratory of Actuarial Mathematics at the University of Copenhagen from 2000 to 2001. He then joined McKinsey & Co. as a part of their Financial Institutions Group before joining Nordea Investment Management AB in 2004.

Asbjørn Hansen


Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.92

0.9%

Kurt Kongsted


Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.92

0.9%

Kurt Kongsted holds a Master’s Degree in Economics (cand. oecon.) from the University of Aarhus. Mr. Kongsted joined Nordea Investment Management AB in 2002 as an analyst within the current Multi Assets team. Mr. Kongsted has been responsible for the development of Nordea Investment Management’s proprietary Asset Liability Management tools and Strategic Asset Allocation models. Since 2005 Mr. Kongsted has been a co-portfolio manager within the Multi Assets investment team. In 2010 Mr. Kongsted was also appointed Head of Strategic Asset Allocation.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.07 28.6 6.36 0.58