Alternative Asset Allocation Fund Quote
| JAAAX Fund | USD 16.20 0.02 0.12% |
Performance9 of 100
| Odds Of DistressLess than 19
|
Alternative Asset is trading at 16.20 as of the 28th of November 2024; that is 0.12% up since the beginning of the trading day. The fund's open price was 16.18. Alternative Asset has less than a 19 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for Alternative Asset Allocation are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 29th of October 2024 and ending today, the 28th of November 2024. Click here to learn more.
The fund allocates its assets among other affiliated and unaffiliated underlying funds, including exchange-traded funds , that emphasize alternative or nontraditional asset categories or investment strategies such as international small-cap stocks, emerging-market equity, commodities, market neutral , global real estate, natural resources, TIPS , global bonds, high yield, bank loans, foreign currency trading strategies, absolute return strategies, managed futures, arbitrage strategies, tactical investment strategies, and emerging-market debt.. More on Alternative Asset Allocation
Moving together with Alternative Mutual Fund
Alternative Mutual Fund Highlights
| Fund Concentration | John Hancock Funds, Large Blend Funds, Multistrategy Funds, Multistrategy, John Hancock (View all Sectors) |
| Update Date | 30th of September 2024 |
| Expense Ratio Date | 1st of January 2023 |
| Fiscal Year End | August |
Alternative Asset Allocation [JAAAX] is traded in USA and was established 28th of November 2024. Alternative Asset is listed under John Hancock category by Fama And French industry classification. The fund is listed under Multistrategy category and is part of John Hancock family. This fund currently has accumulated 772.13 M in assets under management (AUM) with no minimum investment requirementsAlternative Asset is currently producing year-to-date (YTD) return of 7.22% with the current yeild of 0.02%, while the total return for the last 3 years was 3.18%.
Check Alternative Asset 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 Alternative 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 Alternative 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 Alternative Asset Allocation 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 Alternative Asset Allocation Mutual Fund Constituents
| ARBNX | The Arbitrage Fund | Mutual Fund | Event Driven | |
| CBHIX | Victory Cemp Market | Mutual Fund | Equity Market Neutral | |
| CMNIX | Calamos Market Neutral | Mutual Fund | Relative Value Arbitrage | |
| CSAIX | Credit Suisse Managed | Mutual Fund | Systematic Trend | |
| JHQRX | Jpmorgan Hedged Equity | Mutual Fund | Options Trading |
Alternative Asset Risk Profiles
| Mean Deviation | 0.15 | |||
| Semi Deviation | 0.0868 | |||
| Standard Deviation | 0.2002 | |||
| Variance | 0.0401 |
Alternative Asset Against Markets
Other Information on Investing in Alternative Mutual Fund
Alternative Asset financial ratios help investors to determine whether Alternative 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 Alternative with respect to the benefits of owning Alternative Asset security.
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