About JDJCX
John Hancock Diversified Macro Fund Class C is an open-end mutual fund designed to seek long-term capital appreciation through a diversified macro strategy. The fund employs a multi-asset, quantitatively-driven approach, utilizing a variety of models to generate macroeconomic forecasts, assess yield and earnings differentials, and analyze global market trends and historic valuations. Its portfolio reflects exposures across multiple asset classes, including futures on interest rates, currencies, and government securities, as well as short-term fixed income instruments. The fund's holdings are active in markets such as Euribor, Euro-Schatz futures, and U.S. Treasury bills, providing broad diversification across geographies and sectors.
With an inception date of July 29, 2019, the fund is geared toward investors interested in alternative investment strategies that aim to capitalize on global macroeconomic trends. The fund carries a relatively high expense ratio, reflecting its intensive quantitative and multi-strategy management. John Hancock Diversified Macro Fund Class C plays a role in the market as a tool for diversification, potentially reducing overall portfolio volatility by seeking uncorrelated returns relative to traditional equity and bond strategies.
Fund Family John Hancock
Category Macro Trading
Performance Rating Low
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol JDJCX
Share Class Class C
Index ICE BofA U.S. T-Bills 0-3 Months TR
JDJCX had a total return of -7.17% in the past year, including dividends. Since the fund's
inception, the average annual return has been 3.31%.
