John Hancock Freedom 529 Plan - Stable Value Portfolio Fund (JMGWX)
| Fund Assets | n/a |
| Expense Ratio | n/a |
| Min. Investment | n/a |
| Turnover | n/a |
| Dividend (ttm) | n/a |
| Dividend Yield | n/a |
| Dividend Growth | n/a |
| Payout Frequency | n/a |
| Ex-Dividend Date | n/a |
| Previous Close | 11.50 |
| YTD Return | 0.61% |
| 1-Year Return | 4.54% |
| 5-Year Return | n/a |
| 52-Week Low | 11.01 |
| 52-Week High | 11.51 |
| Beta (5Y) | n/a |
| Holdings | n/a |
| Inception Date | n/a |
About JMGWX
John Hancock Freedom 529 Stable Value Portfolio Fund is a specialized investment option within the John Hancock Freedom 529 education savings plan, designed to help families save for future higher education expenses. This fund prioritizes capital preservation and seeks to maximize current income by investing primarily in a broadly diversified portfolio of fixed-income securities, with the potential to allocate up to 5% of assets to equity securities for additional diversification. The underlying investments are managed by T. Rowe Price and held in a separately managed account contract, which is backed by a guaranteed minimum crediting rate issued by the contract issuer. The crediting rate is reset monthly, providing a stable and predictable return. The fund is structured to offer low volatility and consistent performance, making it an attractive choice for investors seeking stability within their education savings strategy. It is overseen by the Education Trust of Alaska and distributed by John Hancock Investment Management, reflecting a commitment to financial stewardship and responsible investing.
Performance
JMGWX had a total return of 4.54% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.47%.