JHancock Multi-Asset Absolute Return Fund (JHAAX)
| Fund Assets | 243.48M |
| Expense Ratio | 1.61% |
| Min. Investment | $1,000 |
| Turnover | 66.00% |
| Dividend (ttm) | 0.16 |
| Dividend Yield | 1.41% |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 20, 2024 |
| Previous Close | 10.64 |
| YTD Return | 4.55% |
| 1-Year Return | 2.51% |
| 5-Year Return | 20.92% |
| 52-Week Low | 9.83 |
| 52-Week High | 10.67 |
| Beta (5Y) | n/a |
| Holdings | 568 |
| Inception Date | Dec 19, 2011 |
About JHAAX
John Hancock Multi-Asset Absolute Return Fund Class A is an alternative mutual fund designed to deliver long-term total returns through a diversified global multi-asset approach. Its primary function is to exploit market cyclicality and inefficiencies across a broad spectrum of asset classes, encompassing both equity and fixed-income securities. This strategy seeks to maximize risk-adjusted absolute returns, distinguishing itself from traditional funds that benchmark against specific indices. The fund is not restricted to a single region or asset class, making it adaptable to varied market environments and economic cycles. Managed by the John Hancock Group, it reflects a robust investment philosophy that combines in-house expertise with specialized external asset managers. Since its inception in December 2011, the fund has positioned itself as a tool for investors aiming to diversify portfolios and seek return opportunities uncorrelated to conventional equity and bond markets. Its focus on absolute return strategies makes it particularly relevant for those seeking to hedge against market volatility and pursue steady performance regardless of market direction.
Performance
JHAAX had a total return of 2.51% in the past year, including dividends. Since the fund's inception, the average annual return has been 2.98%.
Top 10 Holdings
25.96% of assets| Name | Symbol | Weight |
|---|---|---|
| Microsoft Corporation - MICROSOFT CORP COMMON STOCK USD.00000625 | MSFT.US | 5.27% |
| Alphabet Inc. - ALPHABET INC COMMON STOCK USD.001 | GOOGL.US | 4.91% |
| Automatic Data Processing Inc. - AUTOMATIC DATA PROCESSING INC COMMON STOCK USD.1 | ADP.US | 2.58% |
| Cisco Systems Inc. - CISCO SYSTEMS INC COMMON STOCK USD.001 | CSCO.US | 2.49% |
| The Coca-Cola Company - COCA-COLA CO/THE COMMON STOCK USD.25 | KO.US | 1.98% |
| Meta Platforms Inc. - META PLATFORMS INC COMMON STOCK USD.000006 | META.US | 1.78% |
| Intuit Inc. - INTUIT INC COMMON STOCK USD.01 | INTU.US | 1.77% |
| NOVO NORDISK A/S COMMON STOCK DKK.1 | NOVOB.DC | 1.76% |
| eBay Inc. - EBAY INC COMMON STOCK USD.001 | EBAY.US | 1.73% |
| PayPal Holdings Inc. - PAYPAL HOLDINGS INC COMMON STOCK | PYPL.US | 1.69% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 20, 2024 | $0.15837 | Dec 23, 2024 |
| Dec 19, 2022 | $0.30222 | Dec 20, 2022 |
| Aug 22, 2019 | $1.55593 | Aug 23, 2019 |
| Dec 23, 2015 | $0.68463 | Dec 24, 2015 |
| Dec 23, 2014 | $0.54281 | Dec 24, 2014 |
| Dec 23, 2013 | $0.12281 | Dec 24, 2013 |