About JACLX
John Hancock Mid Cap Growth Fund Class C is a mutual fund designed to pursue long-term growth of capital and appreciation through investments primarily in mid-cap growth securities. It normally allocates at least 80% of its net assets, plus any borrowings for investment purposes, to equity securities of medium-sized companies exhibiting growth characteristics, as defined by market capitalization ranges similar to those in the Russell Mid Cap Growth Index. The fund employs a proprietary fundamental analysis approach, evaluating factors such as business environment, management quality, balance sheets, earnings growth, industry dynamics, competitive advantages, and relative valuation. Holdings may concentrate in specific sectors like technology, industrials, and consumer cyclical, with up to 25% of assets potentially in foreign securities, including emerging markets. Managed by Wellington Management Company, LLP, this Class C share class features a distribution and service fee structure typical for such offerings. John Hancock Mid Cap Growth Fund Class C serves investors seeking exposure to the growth potential of mid-cap equities within a diversified U.S.-focused portfolio.
Fund Family John Hancock
Category Mid-Cap Growth
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JACLX
Share Class Class C
Index Russell MidCap Growth TR
JACLX had a total return of 15.59% in the past year, including dividends. Since the fund's
inception, the average annual return has been 1.79%.