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JHAIX JHancock Global Absolute Ret Strats I

  • Fund
  • JHAIX
  • Price as of: Sep 16, 2019
  • $9.11 - $0.01 - 0.11%

JHAIX - Profile

Vitals

  • YTD Return -8.7%
  • 3 Yr Annualized Return -2.8%
  • 5 Yr Annualized Return -4.5%
  • Net Assets $679 M
  • Holdings in Top 10 22.3%

52 WEEK LOW AND HIGH

$9.11
$9.05
$10.70

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.35%

SALES FEES

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

BROKERAGE FEES

  • Turnover 59.00%

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 -8.7%
  • 3 Yr Annualized Total Return -2.8%
  • 5 Yr Annualized Total Return -2.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 1.66%
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 - Categories

JHAIX - Performance

Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.7% -26.8% 40.6% 86.82%
1 Yr -10.1% -38.6% 16.6% 80.00%
3 Yr -2.8%* -20.7% 25.6% 77.23%
5 Yr -4.5%* -14.4% 20.5% 79.49%
10 Yr N/A* -15.7% 28.8% N/A

* Annualized


Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -33.5% 18.9% 44.55%
2017 3.7% -30.7% 80.9% 47.06%
2016 -2.5% -51.7% 39.6% 62.89%
2015 -4.8% -34.5% 18.1% 65.12%
2014 -1.3% -30.8% 36.2% 66.67%

Total Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -8.7% -26.8% 40.6% 86.82%
1 Yr -10.1% -38.6% 16.6% 80.00%
3 Yr -2.8%* -20.7% 30.6% 79.21%
5 Yr -2.2%* -14.4% 23.7% 74.36%
10 Yr N/A* -15.7% 30.5% N/A

* Annualized


Total Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2018 -5.1% -33.5% 18.9% 49.09%
2017 3.7% -30.7% 80.9% 58.82%
2016 -2.5% -51.7% 39.6% 64.95%
2015 1.7% -34.5% 18.1% 17.44%
2014 4.0% -30.8% 37.9% 31.94%

NAV & Total Return History

JHAIX - Holdings

Concentration Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Assets 679 M 102 K 13.8 B 23.19%
Number of Holdings 486 3 3350 40.52%
Net Assets in Top 10 181 M -6.29 B 3.21 B 12.07%
Weighting of Top 10 22.30% 0.0% 1763.8% 65.52%

Top 10 Holdings

  1. France (Republic Of) 1.5% 4.66%

  2. S&P 500 Emini Fut Sep19 3.54%

  3. Mexico (United Mexican States) 10% 3.50%

  4. France (Republic Of) 2% 3.16%

  5. Mini Msci Em Mk Fut Sep19 1.95%

  6. Brazil (Federative Republic) 0% 1.33%

  7. Mexico (United Mexican States) 8% 1.12%

  8. United States Treasury Bonds 2.12% 1.06%

  9. Mexico (United Mexican States) 8% 1.00%

  10. Recv Irs Usd 3mo Libor 0.98%


Asset Allocation

Weighting Return Low Return High JHAIX % Rank
Cash
41.20% 0.56% 1864.05% 63.79%
Bonds
40.15% -1826.91% 74.96% 9.48%
Stocks
18.33% -112.19% 78.54% 54.31%
Convertible Bonds
0.30% 0.00% 43.43% 24.14%
Preferred Stocks
0.03% 0.00% 7.33% 39.66%
Other
0.00% -171.20% 94.30% 52.59%

Stock Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Energy
3.09% -3.45% 9.54% 18.68%
Financial Services
1.78% -0.86% 22.58% 76.92%
Healthcare
1.36% -0.73% 40.93% 71.43%
Consumer Defense
1.13% -2.58% 11.33% 56.04%
Consumer Cyclical
1.07% -6.55% 16.64% 67.03%
Industrials
1.01% -1.16% 12.13% 80.22%
Technology
0.98% -1.27% 34.68% 75.82%
Utilities
0.48% -0.72% 6.31% 64.84%
Communication Services
0.47% -0.92% 4.37% 72.53%
Basic Materials
0.46% -3.63% 5.89% 80.22%
Real Estate
0.11% -0.41% 19.51% 64.84%

Stock Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
Non US
12.25% -18.76% 106.26% 37.07%
US
6.08% -112.19% 69.21% 50.00%

Bond Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Cash & Equivalents
38.87% -739.92% 1866.43% 62.07%
Government
34.19% -92.40% 133.36% 15.52%
Corporate
6.36% 0.00% 54.86% 25.86%
Derivative
2.22% -1954.58% 909.30% 5.17%
Securitized
0.04% 0.00% 13.25% 31.03%
Municipal
0.00% 0.00% 2.86% 30.17%

Bond Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
Non US
30.60% -20.97% 41.38% 6.90%
US
9.55% -1826.91% 54.52% 36.21%

JHAIX - Expenses

Operational Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.35% 0.63% 14.14% 81.30%
Management Fee 0.95% 0.32% 1.90% 54.35%
12b-1 Fee 0.00% 0.00% 1.00% 2.41%
Administrative Fee N/A 0.01% 0.45% N/A

Sales Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.75% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.25% 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 59.00% 0.00% 1298.00% 35.00%

JHAIX - Distributions

Dividend Yield Analysis

JHAIX Category Low Category High JHAIX % Rank
Dividend Yield 0.00% 0.00% 1.97% 57.25%

Dividend Distribution Analysis

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

Dividend Payout History


Net Income Ratio Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Income Ratio 1.66% -1.92% 3.69% 8.94%

Capital Gain Distribution Analysis

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

JHAIX - Managers

Asbjørn Trolle Hansen

Manager

Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.0

0.0%


Claus Vorm

Manager

Start Date

Tenure

Tenure Rank

Aug 30, 2019

0.0

0.0%

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

0.0

0.0%

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

0.0

Category High

38.69

Category Average

4.27

Category Mode

8.67