About JHASX
John Hancock Multi-Asset Absolute Return Fund Class R6 is a tactical allocation mutual fund that seeks to deliver long-term total return by investing flexibly across global asset classes. The fund is designed to maximize risk-adjusted absolute return, employing a range of strategies and allocating capital dynamically among equity and fixed-income securities, as well as derivatives. It invests in both U.S. and international markets, encompassing companies of various market capitalizations and diverse sectors, including developed and emerging economies. The fund is unconstrained by maturity, market capitalization, or credit quality, permitting investments in high-yield and below-investment-grade bonds. Derivative instruments—such as futures, options, swaps, and currency contracts—are used extensively for both investment and hedging purposes. This approach allows the fund to adapt its risk profile in response to changing market conditions, targeting positive returns regardless of market direction. John Hancock Multi-Asset Absolute Return Fund Class R6 is positioned as a versatile solution for investors seeking diversification and a focus on absolute, rather than relative, performance within the broader global market landscape.
Fund Family John Hancock
Category Tactical Allocation
Performance Rating Below Average
Risk Rating Below Average
Stock Exchange Nasdaq
Ticker Symbol JHASX
Share Class Class R6
Index ICE BofA U.S. T-Bills 0-3 Months TR
JHASX had a total return of 1.01% in the past year, including dividends. Since the fund's
inception, the average annual return has been 2.77%.
