The retirement of veteran lead manager Lisa Welch in 2020 was a loss, but John Hancock Financial Industries’ solid process merits a Morningstar Analyst Rating of Bronze on its cheapest shares, while the most expensive share class is rated Neutral.
JHancock Financial Industries A FIDAX
NAV / 1-Day Return
18.86
/
1.10
%
Total Assets
740.5 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.270%
Expense Ratio
1.270%
Fee Level
Average
Longest Manager Tenure
13.15
years
Category
Financial
Investment Style
Mid BlendMin. Initial Investment
1,000
Status
Open
TTM Yield
1.85%
Turnover
64%
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Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will FIDAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable FIDAX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the FIDAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of FIDAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
A fair option for diversified financial exposure.
