John Hancock Diversified Macro, subadvised by Graham Capital using its Quant Macro strategy, remains a clear expression of systematic managed-futures investing, supported by a deep quantitative research platform. However, the Process Pillar moves to Average from Above Average following meaningful changes to portfolio construction that will take time to assess.
JHancock Diversified Macro Fund Class A JDJAX
- NAV / 1-Day Return 9.12 / −1.19 %
- Total Assets 896.6M
-
Adj. Expense Ratio
1.610%
- Expense Ratio 1.610%
- Distribution Fee Level Average
- Share Class Type Front Load
- Category Macro Trading
- Investment Style Large Blend
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.04%
- Turnover 0
USD | NAV as of Jun 06, 2026 | 1-Day Return as of Jun 06, 2026, 2:18 AM GMT+0
Morningstar’s Analysis JDJAX
Will JDJAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the JDJAX 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 JDJAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 44.3
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
3mo Euro Euribor Jun27 | 21.05 | 630M | Government |
Euro Bobl Future Mar 26 | 13.98 | 419M | Government |
Euro Schatz Future Mar 26 | 8.68 | 260M | Government |
10 Year Treasury Note Future June 26 | 7.87 | 235M | Government |
United States Treasury Bills 0% | 6.20 | 186M | Government |
United States Treasury Bills 0% | 5.30 | 159M | Government |
Future on 5 Year Treasury Note | 5.20 | 156M | Government |
United States Treasury Bills 0% | 5.07 | 152M | Government |
United States Treasury Bills 0% | 4.16 | 124M | Government |
10 Year Government of Canada Bond Future June 26 | 3.50 | 105M | Government |
United States