Morningstar

JHancock Multi-Asset Absolute Return Fund Class R6 JHASX

Morningstar Medalist Rating
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Medalist Rating as of See John Hancock Investment Hub
  • NAV / 1-Day Return $11.04  /  +0.09 %
  • Fund Size $248.7M
  • Adjusted Expense Ratio 1.210%
  • Net Expense Ratio 1.240%
  • Fee Level: Distribution Average
  • Share Class Type Retirement, Large
  • Morningstar Category Tactical Allocation
  • Equity Style Box (Funds) Large Blend
  • Fixed-Income Style Box (Funds) —
  • Investment Status Open
  • TTM Yield 0.00%
  • Turnover Ratio 8%
NAV and 1-Day Return as of

Morningstar’s Analysis JHASX

Will JHASX outperform in the 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 JHASX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the JHASX 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 JHASX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Structurally constrained.

Senior Principal Natalia Wolfstetter

Natalia Wolfstetter

Senior Principal

Summary

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.

by Natalia Wolfstetter
Rated on Published on

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Portfolio Holdings JHASX

More JHASX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 37.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Euro Bund Future Sept 26

21.81 61M
Government

United States Treasury Bonds 4.5%

4.81 13M
Government

Future on 5 Year Treasury Note

4.75 13M
Government

United States Treasury Notes 4.5%

3.44 10M
Government

Long Gilt Future Dec 26

3.40 9M
Government

United States Treasury Notes 4.125%

3.22 9M
Government

Aust 10 Yr Bond Fut Sep26

3.14 9M
Government

United States Treasury Notes 4.375%

2.72 8M
Government

United States Treasury Notes 3.875%

2.53 7M
Government

Microsoft Corp

2.40 7M
Technology

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