JHancock Global Absolute Ret Strats I
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
3.9%
1 yr return
1.2%
3 Yr Avg Return
2.8%
5 Yr Avg Return
-0.3%
Net Assets
$597 M
Holdings in Top 10
79.9%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.28%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$250,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JHAIX - Profile
Distributions
- YTD Total Return 3.9%
- 3 Yr Annualized Total Return 2.8%
- 5 Yr Annualized Total Return -0.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.52%
- Dividend Yield 3.3%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal NameJHancock Multi-Asset Absolute Return Fund
-
Fund Family NameJohn Hancock
-
Inception DateDec 19, 2011
-
Shares Outstanding22921399
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerAsbjørn Hansen
JHAIX - Performance
Return Ranking - Trailing
| Period | JHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -23.1% | 13.0% | 80.24% |
| 1 Yr | 1.2% | -35.8% | 24.9% | 23.11% |
| 3 Yr | 2.8%* | -18.8% | 16.5% | 20.85% |
| 5 Yr | -0.3%* | -14.6% | 12.6% | 49.05% |
| 10 Yr | -1.0%* | -9.0% | 4.1% | 67.16% |
* Annualized
Return Ranking - Calendar
| Period | JHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -8.5% | -48.5% | 15.7% | 12.90% |
| 2021 | 5.7% | -10.0% | 21.8% | 15.77% |
| 2020 | 0.4% | -5.8% | 15.2% | 80.70% |
| 2019 | -1.8% | -7.6% | 6.4% | 93.24% |
| 2018 | -1.0% | -6.8% | 8.1% | 14.49% |
Total Return Ranking - Trailing
| Period | JHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| YTD | 3.9% | -29.8% | 13.0% | 80.63% |
| 1 Yr | 1.2% | -35.8% | 24.9% | 23.11% |
| 3 Yr | 2.8%* | -18.8% | 16.5% | 20.85% |
| 5 Yr | -0.3%* | -14.6% | 12.6% | 57.14% |
| 10 Yr | 0.4%* | -9.0% | 6.3% | 73.13% |
* Annualized
Total Return Ranking - Calendar
| Period | JHAIX Return | Category Return Low | Category Return High | Rank in Category (%) |
|---|---|---|---|---|
| 2022 | -8.5% | -48.5% | 15.7% | 12.90% |
| 2021 | 5.7% | -10.0% | 21.8% | 15.77% |
| 2020 | 0.4% | -5.8% | 15.2% | 80.70% |
| 2019 | -1.8% | -6.8% | 6.4% | 94.59% |
| 2018 | -1.0% | -6.8% | 11.4% | 19.32% |
NAV & Total Return History
JHAIX - Holdings
Concentration Analysis
| JHAIX | Category Low | Category High | JHAIX % Rank | |
|---|---|---|---|---|
| Net Assets | 597 M | 1.96 M | 15.7 B | 29.13% |
| Number of Holdings | 277 | 2 | 3255 | 13.39% |
| Net Assets in Top 10 | 196 M | 349 K | 12.1 B | 38.98% |
| Weighting of Top 10 | 79.93% | 22.2% | 100.0% | 42.48% |
Top 10 Holdings
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
- Us 10yr Note Fut Dec21 34.76%
Asset Allocation
| Weighting | Return Low | Return High | JHAIX % Rank | |
|---|---|---|---|---|
| Bonds | 53.96% | 0.00% | 106.59% | 21.26% |
| Stocks | 52.71% | 0.00% | 238.38% | 38.98% |
| Other | 0.03% | -72.87% | 73.78% | 57.87% |
| Preferred Stocks | 0.00% | 0.00% | 6.21% | 35.04% |
| Convertible Bonds | 0.00% | 0.00% | 8.92% | 60.63% |
| Cash | -6.70% | -65.52% | 88.88% | 87.80% |
Stock Sector Breakdown
| Weighting | Return Low | Return High | JHAIX % Rank | |
|---|---|---|---|---|
| Healthcare | 23.06% | 0.00% | 38.63% | 8.96% |
| Technology | 18.45% | 0.00% | 85.77% | 38.68% |
| Consumer Defense | 16.37% | 0.00% | 37.51% | 8.49% |
| Consumer Cyclical | 11.10% | 0.00% | 25.83% | 26.42% |
| Communication Services | 10.67% | 0.00% | 21.61% | 9.43% |
| Financial Services | 9.17% | 0.00% | 98.22% | 70.75% |
| Industrials | 8.64% | 0.00% | 23.85% | 56.60% |
| Basic Materials | 1.18% | 0.00% | 56.73% | 83.96% |
| Utilities | 1.14% | 0.00% | 91.12% | 72.64% |
| Real Estate | 0.23% | 0.00% | 99.45% | 85.85% |
| Energy | 0.00% | 0.00% | 60.89% | 90.57% |
Stock Geographic Breakdown
| Weighting | Return Low | Return High | JHAIX % Rank | |
|---|---|---|---|---|
| US | 59.53% | -1.19% | 235.84% | 21.26% |
| Non US | -6.82% | -6.82% | 98.11% | 98.82% |
Bond Sector Breakdown
| Weighting | Return Low | Return High | JHAIX % Rank | |
|---|---|---|---|---|
| Government | 84.66% | 0.00% | 99.78% | 7.48% |
| Securitized | 10.09% | 0.00% | 52.99% | 10.24% |
| Derivative | 2.76% | 0.00% | 71.81% | 25.59% |
| Cash & Equivalents | 2.50% | 0.22% | 100.00% | 97.64% |
| Corporate | 0.00% | 0.00% | 98.28% | 73.62% |
| Municipal | 0.00% | 0.00% | 19.13% | 42.52% |
Bond Geographic Breakdown
| Weighting | Return Low | Return High | JHAIX % Rank | |
|---|---|---|---|---|
| Non US | 27.64% | -2.67% | 63.37% | 9.84% |
| US | 26.32% | -17.22% | 99.80% | 38.98% |
JHAIX - Expenses
Operational Fees
| JHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Expense Ratio | 1.28% | 0.44% | 3.72% | 62.45% |
| Management Fee | 1.02% | 0.00% | 1.50% | 85.43% |
| 12b-1 Fee | 0.00% | 0.00% | 1.00% | 4.19% |
| Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
| JHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Front Load | N/A | 2.50% | 5.75% | N/A |
| Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
| JHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Max Redemption Fee | N/A | 0.50% | 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.
| JHAIX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
|---|---|---|---|---|
| Turnover | 57.00% | 0.00% | 441.00% | 33.17% |
JHAIX - Distributions
Dividend Yield Analysis
| JHAIX | Category Low | Category High | JHAIX % Rank | |
|---|---|---|---|---|
| Dividend Yield | 3.32% | 0.00% | 37.53% | 11.07% |
Dividend Distribution Analysis
| JHAIX | Category Low | Category High | Category Mod | |
|---|---|---|---|---|
| Dividend Distribution Frequency | Annually | Annually | Monthly | Quarterly |
Net Income Ratio Analysis
| JHAIX | Category Low | Category High | JHAIX % Rank | |
|---|---|---|---|---|
| Net Income Ratio | 0.52% | -2.12% | 13.72% | 45.38% |
Capital Gain Distribution Analysis
| JHAIX | Category Low | Category High | Capital Mode | |
|---|---|---|---|---|
| Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
| Date | Amount | Type |
|---|---|---|
| Dec 20, 2022 | $0.332 | OrdinaryDividend |
| Dec 21, 2020 | $0.075 | OrdinaryDividend |
| Aug 23, 2019 | $1.587 | OrdinaryDividend |
| Dec 24, 2015 | $0.720 | OrdinaryDividend |
| Dec 24, 2014 | $0.579 | OrdinaryDividend |
| Dec 24, 2013 | $0.160 | OrdinaryDividend |
JHAIX - Fund Manager Analysis
Managers
Asbjørn Hansen
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Claus Vorm
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
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
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
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 |
|---|---|---|---|
| 0.08 | 33.83 | 6.64 | 13.0 |