Multi-Asset Absolute Return Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
-1.4%
1 yr return
-1.2%
3 Yr Avg Return
1.7%
5 Yr Avg Return
3.2%
Net Assets
$369 M
Holdings in Top 10
24.7%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.14%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 57.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 05/02/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
JHASX - Profile
Distributions
- YTD Total Return -1.4%
- 3 Yr Annualized Total Return 1.7%
- 5 Yr Annualized Total Return 3.2%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.64%
- Dividend Yield 3.4%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameMulti-Asset Absolute Return Fund
-
Fund Family NameJohn Hancock
-
Inception DateMar 01, 2012
-
Shares Outstanding23477495
-
Share ClassR6
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerClaus Vorm
Fund Description
JHASX - Performance
Return Ranking - Trailing
Period | JHASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -4.2% | 12.2% | 92.34% |
1 Yr | -1.2% | -7.5% | 55.8% | 97.29% |
3 Yr | 1.7%* | -23.5% | 9.6% | 29.09% |
5 Yr | 3.2%* | -12.0% | 16.6% | 66.99% |
10 Yr | 2.3%* | -5.0% | 9.6% | 79.85% |
* Annualized
Return Ranking - Calendar
Period | JHASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -18.9% | 60.2% | 60.18% |
2022 | -8.5% | -48.5% | 0.1% | 10.00% |
2021 | 12.0% | -19.0% | 48.3% | 12.79% |
2020 | 1.3% | -16.5% | 52.8% | 80.38% |
2019 | -6.9% | -8.5% | 27.3% | 96.57% |
Total Return Ranking - Trailing
Period | JHASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | -1.4% | -4.2% | 12.2% | 92.34% |
1 Yr | -1.2% | -7.5% | 55.8% | 97.29% |
3 Yr | 1.7%* | -23.5% | 9.6% | 29.09% |
5 Yr | 3.2%* | -12.0% | 16.6% | 66.99% |
10 Yr | 2.3%* | -5.0% | 9.6% | 79.85% |
* Annualized
Total Return Ranking - Calendar
Period | JHASX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 4.9% | -11.7% | 61.8% | 81.00% |
2022 | -5.2% | -48.5% | 4.6% | 4.55% |
2021 | 12.0% | -14.2% | 48.3% | 47.49% |
2020 | 2.2% | -11.7% | 77.4% | 83.25% |
2019 | 9.5% | -3.9% | 28.4% | 78.43% |
NAV & Total Return History
JHASX - Holdings
Concentration Analysis
JHASX | Category Low | Category High | JHASX % Rank | |
---|---|---|---|---|
Net Assets | 369 M | 1.98 M | 13.3 B | 38.29% |
Number of Holdings | 671 | 2 | 1954 | 7.66% |
Net Assets in Top 10 | 92.1 M | 1.16 M | 10.4 B | 52.70% |
Weighting of Top 10 | 24.65% | 0.4% | 120.6% | 92.79% |
Top 10 Holdings
- ALPHABET INC COMMON STOCK USD.001 4.35%
- MICROSOFT CORP COMMON STOCK USD.00000625 4.15%
- JOHNSON and JOHNSON COMMON STOCK USD1.0 2.64%
- NOVO NORDISK A/S COMMON STOCK DKK.1 2.49%
- COCA-COLA CO/THE COMMON STOCK USD.25 2.22%
- AUTOMATIC DATA PROCESSING INC COMMON STOCK USD.1 2.17%
- VISA INC COMMON STOCK USD.0001 2.03%
- PEPSICO INC COMMON STOCK USD.017 1.58%
- MASTERCARD INC COMMON STOCK USD.0001 1.53%
- CIGNA GROUP/THE COMMON STOCK USD.01 1.52%
Asset Allocation
Weighting | Return Low | Return High | JHASX % Rank | |
---|---|---|---|---|
Stocks | 86.68% | 0.00% | 137.56% | 58.11% |
Bonds | 7.57% | 0.00% | 106.59% | 34.23% |
Cash | 6.74% | -33.22% | 99.05% | 34.23% |
Preferred Stocks | 0.00% | 0.00% | 5.36% | 18.02% |
Convertible Bonds | 0.00% | 0.00% | 8.92% | 55.86% |
Other | -1.00% | -29.71% | 128.17% | 97.75% |
Stock Sector Breakdown
Weighting | Return Low | Return High | JHASX % Rank | |
---|---|---|---|---|
Healthcare | 23.06% | 0.00% | 38.63% | 7.45% |
Technology | 18.45% | 0.00% | 85.77% | 40.43% |
Consumer Defense | 16.37% | 0.00% | 37.51% | 8.51% |
Consumer Cyclical | 11.10% | 0.00% | 25.83% | 25.53% |
Communication Services | 10.67% | 0.00% | 21.61% | 7.98% |
Financial Services | 9.17% | 0.00% | 98.22% | 71.81% |
Industrials | 8.64% | 0.00% | 23.85% | 55.85% |
Basic Materials | 1.18% | 0.00% | 56.73% | 82.45% |
Utilities | 1.14% | 0.00% | 91.12% | 75.53% |
Real Estate | 0.23% | 0.00% | 99.45% | 85.64% |
Energy | 0.00% | 0.00% | 60.89% | 87.77% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | JHASX % Rank | |
---|---|---|---|---|
US | 67.51% | 0.00% | 137.56% | 62.61% |
Non US | 19.17% | -1.94% | 41.50% | 6.76% |
Bond Sector Breakdown
Weighting | Return Low | Return High | JHASX % Rank | |
---|---|---|---|---|
Government | 84.66% | 0.00% | 99.78% | 6.76% |
Securitized | 10.09% | 0.00% | 52.99% | 10.81% |
Cash & Equivalents | 0.00% | 0.00% | 72.84% | 83.78% |
Corporate | 0.00% | 0.00% | 95.17% | 69.37% |
Municipal | 0.00% | 0.00% | 19.13% | 36.94% |
Derivative | -1.00% | -14.68% | 128.17% | 98.20% |
Bond Geographic Breakdown
Weighting | Return Low | Return High | JHASX % Rank | |
---|---|---|---|---|
US | 4.30% | 0.00% | 92.67% | 34.23% |
Non US | 3.28% | 0.00% | 27.25% | 13.06% |
JHASX - Expenses
Operational Fees
JHASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.14% | 0.49% | 10.24% | 76.13% |
Management Fee | 0.98% | 0.00% | 1.50% | 61.26% |
12b-1 Fee | 0.00% | 0.00% | 1.00% | 2.04% |
Administrative Fee | N/A | 0.05% | 0.70% | N/A |
Sales Fees
JHASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 1.00% | N/A |
Trading Fees
JHASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.50% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
JHASX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 57.00% | 1.75% | 441.00% | 29.05% |
JHASX - Distributions
Dividend Yield Analysis
JHASX | Category Low | Category High | JHASX % Rank | |
---|---|---|---|---|
Dividend Yield | 3.44% | 0.00% | 25.10% | 81.98% |
Dividend Distribution Analysis
JHASX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annual | Monthly | Annual |
Net Income Ratio Analysis
JHASX | Category Low | Category High | JHASX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.64% | -2.01% | 13.72% | 43.24% |
Capital Gain Distribution Analysis
JHASX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 20, 2022 | $0.343 | OrdinaryDividend |
Dec 21, 2020 | $0.085 | OrdinaryDividend |
Aug 23, 2019 | $1.598 | OrdinaryDividend |
Dec 24, 2015 | $0.733 | OrdinaryDividend |
Dec 24, 2014 | $0.593 | OrdinaryDividend |
Dec 24, 2013 | $0.157 | OrdinaryDividend |
JHASX - Fund Manager Analysis
Managers
Claus Vorm
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Claus Vorm holds a Master’s Degree in Mathematics and Economics and a Ph.D. on the Interplay between Insurance and Finance. As part of his academic career, Mr. Vorm worked as an associate professor at the Laboratory of Actuarial Mathematics at the University of Copenhagen from 2000 to 2001. He then joined McKinsey & Co. as a part of their Financial Institutions Group before joining Nordea Investment Management AB in 2004.
Kurt Kongsted
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Kurt Kongsted holds a Master’s Degree in Economics (cand. oecon.) from the University of Aarhus. Mr. Kongsted joined Nordea Investment Management AB in 2002 as an analyst within the current Multi Assets team. Mr. Kongsted has been responsible for the development of Nordea Investment Management’s proprietary Asset Liability Management tools and Strategic Asset Allocation models. Since 2005 Mr. Kongsted has been a co-portfolio manager within the Multi Assets investment team. In 2010 Mr. Kongsted was also appointed Head of Strategic Asset Allocation.
Asbjørn Hansen
Start Date
Tenure
Tenure Rank
Aug 30, 2019
2.75
2.8%
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.07 | 33.83 | 6.67 | 13.0 |