The strategy remains a differentiated option for investors seeking capital preservation and lower volatility across market cycles, supported by an exceptionally stable and experienced management team and a clearly articulated, risk-controlled investment philosophy. The strategy merits an Above Average rating for People, while the Process rating has been downgraded to Average on account of structural limitations relative to moderate-allocation peers.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable JHancock Multi-Asset Absolute Return NAV’s performance objective and investment process is for both security selection and portfolio construction.