Global Absolute Return Fund Quote
| JHAIX Fund | USD 10.79 0.03 0.28% |
Performance6 of 100
| Odds Of DistressLess than 20
|
Global Absolute is trading at 10.79 as of the 1st of December 2024; that is 0.28 percent increase since the beginning of the trading day. The fund's open price was 10.76. Global Absolute has about a 20 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Global Absolute Return are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2024 and ending today, the 1st of December 2024. Click here to learn more.
The fund may use an extensive range of investment strategies and invest in a wide spectrum of equity and fixed-income securities, as well as derivative instruments, in pursuing its investment objective. It may invest in equity and fixed-income securities of companies and government and supranational entities around the world, including in emerging markets. More on Global Absolute Return
Moving together with Global Mutual Fund
Global Mutual Fund Highlights
| Fund Concentration | John Hancock Funds, Large Blend Funds, Tactical Allocation Funds, Tactical Allocation, John Hancock (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of December 2022 |
| Fiscal Year End | July |
Global Absolute Return [JHAIX] is traded in USA and was established 1st of December 2024. Global Absolute is listed under John Hancock category by Fama And French industry classification. The fund is listed under Tactical Allocation category and is part of John Hancock family. This fund currently has accumulated 484.63 M in assets under management (AUM) with no minimum investment requirementsGlobal Absolute Return is currently producing year-to-date (YTD) return of 5.25%, while the total return for the last 3 years was 2.31%.
Check Global Absolute Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on Global Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding Global Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Global Absolute Return Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Global Absolute Return Mutual Fund Constituents
| CTSH | Cognizant Technology Solutions | Stock | Information Technology | |
| SAN | Banco Santander SA | Stock | Financials | |
| C | Citigroup | Stock | Financials | |
| EBAY | eBay Inc | Stock | Consumer Discretionary | |
| T | ATT Inc | Stock | Communication Services | |
| ORCL | Oracle | Stock | Information Technology | |
| MSFT | Microsoft | Stock | Information Technology | |
| MDT | Medtronic PLC | Stock | Health Care |
Global Absolute Return Risk Profiles
| Mean Deviation | 0.2809 | |||
| Semi Deviation | 0.2487 | |||
| Standard Deviation | 0.3381 | |||
| Variance | 0.1143 |
Global Absolute Against Markets
Other Information on Investing in Global Mutual Fund
Global Absolute financial ratios help investors to determine whether Global Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Global with respect to the benefits of owning Global Absolute security.
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| Theme Ratings Determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance | |
| Equity Forecasting Use basic forecasting models to generate price predictions and determine price momentum | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk |