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JAACX JHancock Alternative Asset Allc C

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Fund JAACX JHancock Alternative Asset Allc C NCHPX New Century Alternative Strategies  
Similarity
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100% 86%
Annual Fees
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$260.00
(2.53% Exp. Ratio)
$250.75
(2.44% Exp. Ratio)
Future Est. Balance in 30 yrs
Assuming 2.77% annual return
$10,509.32 $10,804.37
Est. savings over 30 yrs +$295.05
Return
As of 11/30/16
1 YR RETURN 0.58%
3 YR -0.21%
5 YR 1.99%
10 YR --
1 YR RETURN 2.58%
3 YR -0.12%
5 YR 2.49%
10 YR 1.52%
Description
The investment seeks long-term growth of capital. The fund allocates its assets among other affiliated and unaffiliated underlying funds, including exchange-traded funds (ETFs), that emphasize alternative or nontraditional asset categories or investment strategies such as international small-cap stocks, emerging-market equity, commodities, market neutral (long/short), global real estate, natural resources, TIPS (Treasury Inflation-Protected Securities), global bonds, high yield, bank loans, foreign currency trading strategies, absolute return strategies, managed futures, arbitrage strategies, tactical investment strategies, and emerging-market debt.
The investment seeks to provide total return while managing risk. The fund seeks to achieve its investment objective by focusing on total return while managing volatility and risk. In addition, it will continue to invest primarily in shares of registered investment companies, including ETFs, and closed-end funds. The investment companies that the Alternative Strategies Portfolio will invest in are those that emphasize alternative strategies, which generally have low correlations to the securities in the S&P 500® Composite Index.

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The fees, balance and savings information above are estimated numbers, based on the data FeeX had at the day of publication, but may not be accurate due to incomplete or erroneous data.

The best choice is based on a combined analysis of lowest fees and highest similarity to the original fund.

Similarity

FeeX's similarity algorithm analyzes over 15 investment characteristics like investment category, asset allocation, strategy, geographical allocation and more. FeeX gives each its own weight and calculates the similarity of any two investments based on a scale of 0 to 100%. Funds with a similarity ranking of 85% and higher are considered "similar".

Yes, funds and ETFs charge fees

Deep within every fund you own lies a hidden fee called expense ratio. It takes away a set % of your savings each and every year. It can often be easily reduced by switching to similar investments with lower expense ratios.

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