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Name

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Multi-Asset Absolute Return Fund

JHAIX | Fund

$9.95

$369 M

0.00%

$0.00

1.25%

Vitals

YTD Return

-1.5%

1 yr return

-0.1%

3 Yr Avg Return

1.5%

5 Yr Avg Return

3.2%

Net Assets

$369 M

Holdings in Top 10

24.7%

52 WEEK LOW AND HIGH

$10.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.25%

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

As of 04/15/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

Multi-Asset Absolute Return Fund

JHAIX | Fund

$9.95

$369 M

0.00%

$0.00

1.25%

JHAIX - Profile

Distributions

  • YTD Total Return -1.5%
  • 3 Yr Annualized Total Return 1.5%
  • 5 Yr Annualized Total Return 3.2%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.52%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Multi-Asset Absolute Return Fund
  • Fund Family Name
    John Hancock
  • Inception Date
    Dec 19, 2011
  • Shares Outstanding
    22921399
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Asbjørn Hansen

JHAIX - Performance

Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -3.4% 15.5% 91.15%
1 Yr -0.1% -6.9% 61.4% 93.78%
3 Yr 1.5%* -23.5% 8.7% 29.91%
5 Yr 3.2%* -11.7% 19.2% 70.19%
10 Yr 2.2%* -4.5% 9.8% 80.43%

* Annualized

Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -18.9% 60.2% 59.47%
2022 -8.5% -48.5% 0.1% 8.37%
2021 11.8% -19.0% 48.3% 14.16%
2020 1.3% -16.5% 52.8% 79.07%
2019 -6.9% -8.5% 27.3% 97.14%

Total Return Ranking - Trailing

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
YTD -1.5% -3.4% 15.5% 91.15%
1 Yr -0.1% -6.9% 61.4% 93.78%
3 Yr 1.5%* -23.5% 8.7% 29.91%
5 Yr 3.2%* -11.7% 19.2% 70.19%
10 Yr 2.2%* -4.5% 9.8% 80.43%

* Annualized

Total Return Ranking - Calendar

Period JHAIX Return Category Return Low Category Return High Rank in Category (%)
2023 4.9% -11.7% 61.8% 81.06%
2022 -5.3% -48.5% 4.6% 5.29%
2021 11.8% -14.2% 48.3% 49.12%
2020 2.1% -11.7% 77.4% 85.12%
2019 9.4% -3.9% 30.2% 79.52%

NAV & Total Return History

JHAIX - Holdings

Concentration Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Assets 369 M 1.98 M 13.3 B 37.55%
Number of Holdings 671 2 1954 7.42%
Net Assets in Top 10 92.1 M 1.26 M 10.4 B 52.40%
Weighting of Top 10 24.65% 0.4% 149.2% 93.01%

Top 10 Holdings

  1. ALPHABET INC COMMON STOCK USD.001 4.35%
  2. MICROSOFT CORP COMMON STOCK USD.00000625 4.15%
  3. JOHNSON and JOHNSON COMMON STOCK USD1.0 2.64%
  4. NOVO NORDISK A/S COMMON STOCK DKK.1 2.49%
  5. COCA-COLA CO/THE COMMON STOCK USD.25 2.22%
  6. AUTOMATIC DATA PROCESSING INC COMMON STOCK USD.1 2.17%
  7. VISA INC COMMON STOCK USD.0001 2.03%
  8. PEPSICO INC COMMON STOCK USD.017 1.58%
  9. MASTERCARD INC COMMON STOCK USD.0001 1.53%
  10. CIGNA GROUP/THE COMMON STOCK USD.01 1.52%

Asset Allocation

Weighting Return Low Return High JHAIX % Rank
Stocks 		86.68% 0.00% 137.56% 55.46%
Bonds 		7.57% 0.00% 106.59% 34.93%
Cash 		6.74% -33.22% 99.05% 37.55%
Preferred Stocks 		0.00% 0.00% 5.36% 28.38%
Convertible Bonds 		0.00% 0.00% 8.92% 64.19%
Other 		-1.00% -29.71% 128.17% 95.20%

Stock Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Healthcare 		23.06% 0.00% 38.63% 7.18%
Technology 		18.45% 0.00% 85.77% 38.97%
Consumer Defense 		16.37% 0.00% 37.51% 8.21%
Consumer Cyclical 		11.10% 0.00% 25.83% 26.15%
Communication Services 		10.67% 0.00% 21.61% 8.21%
Financial Services 		9.17% 0.00% 98.22% 70.26%
Industrials 		8.64% 0.00% 23.85% 55.90%
Basic Materials 		1.18% 0.00% 56.73% 82.56%
Utilities 		1.14% 0.00% 91.12% 73.33%
Real Estate 		0.23% 0.00% 99.45% 85.13%
Energy 		0.00% 0.00% 60.89% 88.72%

Stock Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
US 		67.51% 0.00% 137.56% 59.83%
Non US 		19.17% -1.94% 41.50% 6.99%

Bond Sector Breakdown

Weighting Return Low Return High JHAIX % Rank
Government 		84.66% 0.00% 99.78% 6.55%
Securitized 		10.09% 0.00% 52.99% 10.48%
Cash & Equivalents 		0.00% 0.00% 72.84% 86.03%
Corporate 		0.00% 0.00% 98.28% 77.29%
Municipal 		0.00% 0.00% 19.13% 48.03%
Derivative 		-1.00% -14.68% 128.17% 95.63%

Bond Geographic Breakdown

Weighting Return Low Return High JHAIX % Rank
US 		4.30% 0.00% 92.67% 34.93%
Non US 		3.28% 0.00% 27.25% 13.10%

JHAIX - Expenses

Operational Fees

JHAIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.25% 0.49% 5.81% 71.62%
Management Fee 0.98% 0.00% 1.50% 61.14%
12b-1 Fee 0.00% 0.00% 1.00% 8.61%
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% 1.75% 441.00% 30.65%

JHAIX - Distributions

Dividend Yield Analysis

JHAIX Category Low Category High JHAIX % Rank
Dividend Yield 0.00% 0.00% 25.08% 85.15%

Dividend Distribution Analysis

JHAIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annual Annual Annual

Net Income Ratio Analysis

JHAIX Category Low Category High JHAIX % Rank
Net Income Ratio 0.52% -2.01% 13.72% 46.29%

Capital Gain Distribution Analysis

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

Distributions History

View More +

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
0.07 33.83 6.59 13.0

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