Morningstar will cease qualitative research coverage of John Hancock Alternative Asset Allocation on or about Feb. 25, 2020, in order to reallocate our analysts to research other strategies. At that time, the last Morningstar Analyst Rating and this research will be removed. After that date, please discontinue using the research report or former research reports issued by Morningstar on this strategy. We recommend users form their own views on this strategy or obtain financial advice.
JHancock Alternative Asset Allc A JAAAX
NAV / 1-Day Return
14.96
/
0.54
%
Total Assets
583.2 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.
1.650%
Expense Ratio
1.650%
Fee Level
Average
Longest Manager Tenure
9.11
years
Category
Multistrategy
Alt Style Correlation / Relative Volatility
High / LowMin. Initial Investment
1,000
Status
Open
TTM Yield
1.75%
Turnover
25%
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 JAAAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.