John Hancock Funds II Global Absolute Return Strategies Fund

U.S. News evaluated 88 Multialternative Funds. Our list highlights the top-rated funds for long-term investors based on the ratings of leading fund industry researchers.

See all John Hancock funds

See full Multialternative rankings

See more fund rankings

Performance

The fund has returned 4.49 percent over the past year.

Trailing Returns Updated 04.30.2013
Year to date 3.3%
1 Year 4.5%
3 Years (Annualized) N/A
5 Years (Annualized) N/A
10 Years (Annualized) N/A

See more JHAAX performance

Summary

The investment seeks long term total return. The fund invests in equity securities of U.S. and foreign companies of various market capitalizations. It also invests in fixed-income securities. The fund may invest in emerging as well as developed markets and may invest a significant portion of its assets in the securities of companies in particular economic sectors. At least 40% of the value of the fund's net assets will be invested in or exposed to obligations of issuers or obligors located outside of the United States. It invests in derivative instruments, including futures, options, swaps, and foreign currency forward contracts.

Fees

Fees are Above Average compared to funds in the same category.
John Hancock Funds II Global Absolute Return Strategies Fund has an expense ratio of 1.95 percent.

See more JHAAX fees

Risk

Risk is N/A compared to funds in the same category according to Morningstar.

See more JHAAX risk

Advertisement
Multialternatives
Rankings

See More Funds

Highest Returns (10-year)

See More Funds

Slide Shows
7 Mutual Funds That Make Huge Bets

These funds invest much of their portfolios in one company.

Why Dow 14,000 Is a Tough Milestone

History shows this mark to be one of the most difficult for the market.

Emerging Markets to Consider in 2013

The Philippines, China and other key emerging markets for this year.