The retirement of veteran manager Lisa Welch in June 2020 was a loss, but a solid process allows JHancock Financial Industries to maintain its Morningstar Analyst Rating of Bronze for its cheaper share classes, while more expensive ones are Neutral.
JHancock Financial Industries A FIDAX
NAV / 1-Day Return
22.37
/
0.76
%
Total Assets
751.7 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
Below Average
Longest Manager Tenure
12.53
years
Category
Financial
Investment Style
Mid BlendMin. Initial Investment
1,000
Status
Open
TTM Yield
1.00%
Turnover
40%
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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.
Still appealing after veteran manager’s retirement.
