JHAIX: JHancock Global Absolute Ret Strats I

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JHAIX JHancock Global Absolute Ret Strats I

  • Fund
  • JHAIX
  • Price as of: Oct 15, 2019
  • $9.14 + $0.02 + 0.22%

JHAIX - Profile

Vitals

  • YTD Return -8.4%
  • 3 Yr Annualized Return -2.9%
  • 5 Yr Annualized Return -3.9%
  • Net Assets $664 M
  • Holdings in Top 10 16.0%

52 WEEK LOW AND HIGH

$9.14
$9.05
$10.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.41%

SALES FEES

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

BROKERAGE FEES

  • Turnover 50.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

STANDARD (TAXABLE)

$250,000

IRA

$250,000

Fund Classification

PRIMARY CATEGORY

  • Fund Type Open End Mutual Fund
  • Investment Style Multialternative

Distributions

  • YTD Total Return -8.4%
  • 3 Yr Annualized Total Return -2.9%
  • 5 Yr Annualized Total Return -1.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.21%
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 Dec 19, 2011
  • Shares Outstanding N/A
  • Share Class Inst
  • Currency USD
  • Domiciled Country United States
  • Manager Asbjørn Trolle Hansen

JHAIX - Mutual Fund Categories

JHAIX - Performance

Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.4% -8.7% 19.4% 99.31%
1 Yr -8.5% -24.0% 10.1% 95.85%
3 Yr -2.9%* -10.2% 10.2% 97.83%
5 Yr -3.9%* -8.7% 7.7% 95.09%
10 Yr N/A* -2.9% 9.4% N/A

* Annualized


Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -32.7% 0.0% 3.69%
2017 3.7% -3.7% 19.3% 89.17%
2016 -2.5% -9.5% 13.7% 95.32%
2015 -4.8% -19.1% 1.0% 30.13%
2014 -1.3% -21.3% 8.3% 62.93%

Total Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.4% -8.7% 19.4% 99.31%
1 Yr -8.5% -24.0% 9.9% 96.54%
3 Yr -2.9%* -10.2% 10.2% 98.37%
5 Yr -1.6%* -8.7% 8.0% 92.02%
10 Yr N/A* -2.9% 9.4% N/A

* Annualized


Total Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -32.7% 0.0% 11.82%
2017 3.7% -3.7% 22.1% 95.28%
2016 -2.5% -9.5% 20.7% 95.61%
2015 1.7% -15.9% 6.2% 3.21%
2014 4.0% -21.3% 10.1% 41.50%

NAV & Total Return History

JHAIX - Holdings

Concentration Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Assets 664 M 1.73 M 111 B 62.70%
Number of Holdings 349 52 3759 67.27%
Net Assets in Top 10 114 M -15.8 M 19.6 B 57.11%
Weighting of Top 10 15.99% 5.3% 224.0% 68.62%

Top 10 Holdings

  1. Euro BUND Future Sept19 3.75%

  2. United States Treasury Notes 2% 1.63%

  3. United States Treasury Notes 2.75% 1.55%

  4. AT&T Inc 1.39%

  5. Realkredit Danmark A/S 1% 1.35%

  6. Johnson & Johnson 1.30%

  7. Oracle Corp 1.27%

  8. Medtronic PLC 1.26%

  9. United States Treasury Notes 2% 1.25%

  10. Vinci SA 1.24%


Asset Allocation

Weighting Return Low Return High JHAIX % Rank
Stocks
68.76% 20.81% 78.86% 11.74%
Bonds
28.23% 20.05% 64.02% 69.75%
Cash
3.00% -10.06% 50.88% 69.98%
Preferred Stocks
0.00% 0.00% 18.53% 78.56%
Other
0.00% -8.20% 48.30% 68.40%
Convertible Bonds
0.00% 0.00% 5.94% 81.94%

Stock Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Healthcare
13.92% 0.00% 13.92% 0.23%
Technology
12.95% 0.00% 22.00% 13.70%
Consumer Defense
7.65% 0.00% 13.50% 16.44%
Financial Services
7.51% 0.00% 16.11% 54.79%
Communication Services
6.93% 0.00% 9.51% 2.05%
Industrials
6.66% 0.02% 12.82% 26.26%
Consumer Cyclical
6.52% 0.00% 27.50% 25.80%
Utilities
2.67% 0.00% 12.72% 23.29%
Real Estate
1.75% -0.16% 60.06% 63.70%
Energy
1.13% -0.52% 12.30% 90.64%
Basic Materials
1.07% 0.00% 7.38% 79.45%

Stock Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
US
38.82% -0.12% 62.07% 17.61%
Non US
29.94% 0.17% 60.41% 21.67%

Bond Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Securitized
14.93% 0.00% 55.61% 13.77%
Government
13.37% -28.14% 43.92% 51.02%
Derivative
1.47% -8.96% 28.96% 1.81%
Cash & Equivalents
1.46% -24.17% 51.73% 83.30%
Corporate
0.00% -0.53% 49.57% 95.71%
Municipal
0.00% 0.00% 8.28% 55.76%

Bond Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
Non US
17.21% -14.45% 40.88% 23.02%
US
11.02% -7.69% 53.76% 91.87%

JHAIX - Expenses

Operational Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.41% 0.07% 26.19% 32.71%
Management Fee 0.95% 0.00% 2.05% 89.89%
12b-1 Fee 0.00% 0.00% 1.00% 2.83%
Administrative Fee N/A 0.01% 0.30% N/A

Sales Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.20% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.20% 2.00% N/A

Turnover 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.

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 50.00% 14.00% 586.00% 39.32%

JHAIX - Distributions

Dividend Yield Analysis

JHAIX Category Low Category High JHAIX % Rank
Dividend Yield 0.00% 0.00% 4.90% 86.97%

Dividend Distribution Analysis

JHAIX Category Low Category High Category Mode
Dividend Distribution Frequency Annually Annually Monthly Quarterly

Dividend Payout History


Net Income Ratio Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Income Ratio 2.21% -0.82% 5.19% 37.88%

Capital Gain Distribution Analysis

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

JHAIX - Managers

Asbjørn Trolle Hansen

Manager

Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.08

0.1%


Claus Vorm

Manager

Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.08

0.1%

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.


Kurt Kongsted

Manager

Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.08

0.1%

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

0.05

Category High

27.76

Category Average

6.38

Category Mode

6.75